Yorkton’s 2017 financial statement shows an operating surplus as well as a debt.
The surplus is 427-thousand 640 dollars and has been transferred to reserves.
The debt is nearly $17.5-million due to expenses such as the Fire Hall, Gallagher Centre, waterworks and Dracup.
The cost of the Fire Hall is $4,398,960.00; the Gallagher Centre $2,446,050.00; waterworks $4,734,000.00; Dracup $5,920,245.00.
Subtracting the number from the City’s debt limit of $42-million leaves Yorkton with $24.5-million in debt breathing room, as of December 31st, 2017.