The question you raise about the 21-22 budget is an interesting one. I don't know the answer but the fact that the actual deficit has gone up +/- $3M per year ($7M for 22-23, $10M for 23-24, and $13M for 24-25) says that the $200K surplus for 21-22 is probably fabricated through creative bookkeeping.
The question you raise about the 21-22 budget is an interesting one. I don't know the answer but the fact that the actual deficit has gone up +/- $3M per year ($7M for 22-23, $10M for 23-24, and $13M for 24-25) says that the $200K surplus for 21-22 is probably fabricated through creative bookkeeping.
It is a little like a Ponzi scheme - move revenue up from one year, delay paying vendors until the next. Rob Peter. Pay Paul. The scheme becomes a problem in subsequent years because you have less money to pay an ever growing mountain of bills and you hit a critical mass ...
The question you raise about the 21-22 budget is an interesting one. I don't know the answer but the fact that the actual deficit has gone up +/- $3M per year ($7M for 22-23, $10M for 23-24, and $13M for 24-25) says that the $200K surplus for 21-22 is probably fabricated through creative bookkeeping.
It is a little like a Ponzi scheme - move revenue up from one year, delay paying vendors until the next. Rob Peter. Pay Paul. The scheme becomes a problem in subsequent years because you have less money to pay an ever growing mountain of bills and you hit a critical mass ...