Wellington County Reports $7 Million Surplus For 2020
via guelphtoday.com
Federal and provincial COVID relief funding and mitigation measures have led to the County of Wellington reporting its largest year-end budget surplus in a decade.
A report by treasurer Ken DeHart puts the county’s 2020 year-end surplus at nearly $7 million.
At Tuesday’s administration, finance and human resources committee meeting, DeHart said 2020 was an “extraordinary year” in terms of the county’s finances.
DeHart attributed it mainly to government funding, which totalled nearly $3.8 million, which covered additional costs and lost revenue in some departments due to the pandemic…
