14-03-2018 14:00 via thestarphoenix.com

Saskatoon's power utility aims to divert money for infrastructure

Saskatoon’s power utility is failing to keep pace, even though it sets aside $16 million a year for maintaining and improving infrastructure.
A Saskatoon Light & Power report says $7 million more is needed each year to stash enough money in reserve funds to keep up with infrastructure needs.
The report suggests freezing the money funnelled from the city-owned power utility to help pay for the city’s operating budget at its current level of $24.66 million for five years.
Rising el
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