COVID-19 pandemic, according a new city report.The city’s latest financial status and forecast report, which looks at the state of city coffers up to June 30, projects a year-end deficit in the city’s tax-supported operating budget of $700,000 and a total shortfall for all city departments of $29.9 million.
City of Winnipeg projecting more than $50M deficit due to coronavirus Transit’s projected $29.1-million deficit is up from the $26.1 million forecast in the city’s last quarterly report.Despite the grim projections, the report says measures taken to tighten spending during the pandemic have kept city departments from ending the year in a worse position.