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News from Financial Services

Posts in Archive: February 2016

2016 Budget

Published on Monday February 8th, 2016

~ by Financial Services

The City of Summerside’s 2016 Budget was presented and approved on February 8, 2016. Specific highlights of the City’s $49 million 2016 Budget include: A general fund balanced budget for the City of Summerside, for the 21st consecutive year. A $49 million budget for 2016: General Government - $22 million and Utility Budget - $27 million. Electricity rates were adjusted up by 2.3 percent on March 1st, 2016 to stay in line… read more