City of Ottawa ended 2018 with $18.7M surplus

The City of Ottawa ended 2018 with a $18.7-million surplus, according to a year-end financial report published Friday.
The city recorded $14-million surpluses in each of its property-tax supported budget and its rate-supported budget.
However, there were deficits in other areas that ate into the global surplus.
Transit ended $3.2 million in the red because of fuel costs and lower fare revenue. The Ottawa Police Service registered a $6-million deficit because of lower-than-expected revenue, overt