Winnipeg heads toward $2.5M year-end surplus

Winnipeg is on track for a $2.5-million surplus at the end of the year, the latest financial status report says.

Figures from the end of October have improved the year-end projection from a $600,000 deficit to a $2.5-million surplus, states the report, which goes before council's finance committee on Dec. 1.

• City finances trending toward year-end surplus

It's commonplace for the city's financial projections to improve over the course of the year. The final figures for 2016 will be posted in February.