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HomeNewsEastlink Centre deficit likely closer to $3 million

Eastlink Centre deficit likely closer to $3 million

It turns out that $1.75 million projected deficit at the Eastlink Centre may actually be more like $3 million.

In addition to the bookkeeping error that miscalculated expected revenues, expenditures are also expected to be over budget by a million by the end of the year.

City Manager Greg Scerbak says 2013 revenues were reported at $8.2 million dollars, when they were actually $6.2 million.

“Because they felt they had lots of revenues, they could actually hire more staff to provide customer service, and so that’s what happened in terms of the additional deficit.”

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Some job contracts have not been renewed and all non-essential spending is on hold.

The City is in the process of contracting an external review of the facility.

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