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Town of O’Leary is in solid financial position

The Town of O'Leary is on solid financial footing, said the CAO at the October meeting.
The Town of O'Leary is on solid financial footing, said the CAO at the October meeting. - 123RF Stock Photo
O'LEARY, P.E.I. —

Chief administrative officer (CAO) for the Town of O’Leary, Bev Shaw, assured councillors during their October monthly meeting that the municipality is in good financial shape heading into the final months of its fiscal year.

Shaw noted an extra $100,000 in infrastructure dollars has helped with projects.

She said the town will be slightly over-budget in recreation, but the biggest over-expenditure is likely to be in sidewalks after councillors agreed the quote for sidewalk repairs was so favourable that the town should carry out additional sidewalk work.

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