Masset spending less than planned

  • Mon Nov 17th, 2003 9:00am
  • News

The village of Masset is spending less money than it anticipated and bringing in more revenue, according to the village’s latest financial report.
At the end of October, Masset had a surplus of almost $360,000, compared to an anticipated surplus of $56,000. The biggest factor in the healthy bottom line is airport revenue, which had reached almost $1.1-million at Oct. 31. That’s 27 per cent higher than village staff had expected. Airport expenses stood at $863,000.
“We’re doing better than budgeted in most categories and overall, doing fairly well,” said chief administrative officer Trevor Jarvis.