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Calgary’s mayor says ‘fiscal discipline’ will guide council through tough budget decisions

World 1 source 1 country 🔦 Under-reported 6m ago

Calgary Mayor Jeromy Farkas has stated that the city council will prioritize fiscal discipline while navigating upcoming budget deliberations. The mayor emphasized that addressing the city's $50 billion infrastructure deficit is a long-term challenge that cannot be resolved within a single budget cycle or council term.

Despite the scale of the financial shortfall, the mayor indicated that the council is committed to making incremental progress toward reducing the deficit. The focus remains on balancing necessary infrastructure investments with a disciplined approach to municipal spending.

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Read the full story at the source Global News (CA) · CA
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