The local transit system is facing a potential deficit of $2 million and if things don’t turn around it could mean cutbacks.
“The size of this deficit was a surprise to me and a wake up to all of us on (Regional) council about trying to expand programs after the budget in which we haven’t budgeted for that expansion,” said Scugog Mayor Marilyn Pearce, the chairwoman of the Region’s finance and administration committee.
Read full report here... Regional transit faces $2-million deficit.
It seems strange that the timing of this announcement has been made on the first official day of the start of the provincial election. Has someone at Region been taking pointers from the City of Toronto and the TTC?