City surplus projection down slightly, clocks in at $687,000

A few last-minute adjustments brought the final number down slightly, but the City of St. Albert is still showing a surplus for the 2012 fiscal year.

Staff told a meeting of the Standing Committee on Finance Monday afternoon that the City is $687,000 to the good after the books were closed on 2012, which is down slightly from a preliminary projection of $698,466 that was given to the same committee last month.

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