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  • Winnipeg Tribune

City of Winnipeg Predicting $82 Million Over Budget for 2022

Saturday, January 7, 2023 - In a release to media, the City of Winnipeg announced a shortfall in their 2022 budget of $69.6 million and an additional shortfall of $13.7 million in Transit as of November 30, 2022.

City officials are saying that COVID-19 has had a significant impact on the City’s financial forecast. As part of the 2022 budget update, then Finance Chair and now Mayor, Scott Gillingham said the City had budgeted for anticipated COVID-19 related financial impacts, approximately $40 million. However the city said there is an estimated $12 million in further COVID-19 financial impacts, despite the fact COVID restrictions were lifted several months ago.

The city report also notes fuel prices escalated beyond what was anticipated in the 2022 budget update, which is largely impacting the operating budgets of Transit and the General Revenue Fund. Former City Councillor Kevin Klein, now the MLA for Kirkfield Park, raised the fuel concern and introduced a motion to take action and address this issue of rising costs. However it was rejected by council. The estimated financial impact in the city forecast for fuel for the year is $11 million.

The city will be receiving funding from the Provincial Government, announced in December, to assist municipalities, including Winnipeg, with cost overruns in Transit.


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