Yorkton City Council: Presentation of Audited Financial Statements, City Participation in Platinum Jubilee Medal Program | Radio GX94
Audited financial statements were provided to Yorkton City Council.
While the city has three outstanding loans, there are approximately $22.9 million in reserves of which approximately $20 million is reserved for capital projects.
The city also has about $900,000 in the rainy day fund.
“I’m very happy with what I see,” Yorkton Mayor Mitch Hippsley said of the numbers presented. “I like the numbers, the way we budgeted in advance and the way we stayed within the budget numbers, and very rarely exceeded our budget numbers, and were able to put a little more aside in the reserves , so it’s a very prudent expenditure.”
No civic recognition award this year
This year, the city will participate in the Queen Elizabeth II Platinum Jubilee Medal Program.
The program honors the 70 years in power of Queen Elizabeth II, the longest reigning monarch in English history.
Depending on the province, there are 3 minimum criteria to be met for a nomination:
- They are residents of Saskatchewan or have a connection to Saskatchewan (at the time of awarding the medal);
- They have made a contribution to Canada, to Saskatchewan or to a particular region or community; and
- They were alive on February 6, 2022, the 70th anniversary of Her Majesty’s accession to the throne.