City releases Financial Status and Forecast Report to March 31, 2021
COVID-19 continues to pose significant challenges to the City’s finances
Released: 9:34 a.m.
Winnipeg, MB – The City of Winnipeg’s first quarter financial status and forecast report is forecasting a projected deficit in the tax-supported operating budget (General Revenue Fund) of $12.7 million, as at March 31, 2021. The status report and forecast will be presented at the meeting of the Standing Policy Committee on Finance on June 11, 2021.
As part of the 2021 budget update, the City had budgeted $61.2 million for anticipated COVID-19 related financial impacts. However, as at March 31, 2021, an estimated $26.9 million in further COVID-19 financial impacts are identified in the report. Transit is forecasting a deficit of $13.9 million for the year as ridership levels in 2021 average approximately 60% below normal levels.
“The City had adjusted its 2021 budget update in anticipation of ongoing challenges related to the pandemic, however the prolonged state of COVID-19 in our community is causing even greater impacts to the budget,” said Councillor Scott Gillingham, Chair of the Standing Policy Committee on Finance. “It will be important for the City to maintain prudent fiscal management throughout 2021 as we continue to address COVID-19.”
The City’s financial update is publicly available through the Decision Making Information System (DMIS).
City begins piloting new parking guides
Winnipeggers invited to provide feedback on new, colour-coded timetables in Exchange District
Released: 2:06 p.m.
Winnipeg, MB – The City of Winnipeg is launching a new pilot in the Exchange District to help improve the readability of parking signage. Beginning this week, new parking guides will be installed on existing signposts on segments of Bannatyne Avenue, King Street, and Arthur Street.
“This pilot will help reduce confusion around parking in order to make it easier for those arriving by car to patronize local businesses in our historic Exchange District,” said Matt Allard, Chairperson of the Standing Policy Committee on Infrastructure Renewal and Public Works.
“This is a great pilot project to make it easier for people to understand the fluctuating parking requirements in the Exchange District,” said Vivian Santos, Councillor for Point Douglas. “We’ve heard from businesses that parking can be a barrier to visit the neighbourhood. These new guides, which incorporate universal design standards, will help address this challenge and communicate the parking requirements more clearly.”
The new guides feature an easy-to-read, colour-coded timetable that outlines all the parking prohibitions in effect for the surrounding spaces. During the first phase of the pilot, the parking guides will be in place alongside the existing regulatory signage:
A potential second phase will consist of replacing existing parking signage with new designs that are intended to further improve readability. This phase will be subject to approval from the Province of Manitoba, which legislates regulatory signage through the Highway Traffic Act, as well as Council.
The City is asking for public feedback until July 31 to better understand the issues Winnipeggers face with parking signs, and whether the parking guide design is an improvement for those visiting the pilot area.
Share your feedback by scanning the QR code beneath the parking guide, or by contacting 311.
View original article here Source