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.
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