Sechelt Releases Financial Update
Financial Report - photo by William Iven
The District of Sechelt’s mid-year financial report is out and it shows all departments at city hall are at or below budget following the second quarter.
Sechelt Financial Servies Director, David Douglas, says the District is in a “sound financial position.” He attributes this to the staff of each department managing their operating budgets carefully each month.
Douglas says this allows them to be prepared for unexpected increases in costs.
The financial report does say there’s been a decline this year in fees collected for planning and engineering.
In 2016, Sechelt collected more than 240-thousand dollars in planning fees. As of June 30th this year, that amount was 21-thousand dollars.