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City of Powell River Council approves transfer of water operating funds

Money allocated to general operating and sewer operating funds
2734_city_hall_macgregor_building
Powell River City Hall.

At the City of Powell River Council meeting on June 2, councillors reallocated money from one city fund to two others.

Council approved the transfer of $1,206,024 from the water operating fund, allocated $407,516 to the general operating fund and $798,508 more to the sewer operating fund.

City councillor George Doubt said as was discussed at the May 26 finance committee meeting, this is simply a reallocation from one operating fund to another to make sure the funds are in the places they are going to be needed to maintain those systems.