County Briefs: Bigger surplus, solar panel rules, public transit grants
Red Deer County is in better financial shape than expected.
A report to council this week showed the county is sitting with a surplus of $6.5 million, four million more than was projected.
Heather Surkan, Director of Corporate Services told council the surplus came from collection $2.5 million in additional revenue and from operating expenses coming in $4.5 million under budget.
The $6.5 million surplus will be put into capital and operating reserves.