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Gas prices strain city bean counters
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Newspaper Article
Gas prices strain city bean counters
2005
Overview
Robust natural gas prices have civic accountants planning for a $2.2-million hike in energy costs in this year's municipal budget, making it one of the key inflationary pressures the city must contend with in 2005. \"When you look at salary, wages, overtime, some of those benefits, et cetera, they're accounting for about 60 per cent of our expenditures,\" [Eric Sawyer] added. \"So when you've got a situation of our contractual wage settlements going up in the order of 3.5 per cent, that's applying to a big, big piece of the overall budget.\"
Publisher
Postmedia Network Inc
Subject
