Lethbridge City Council unanimously passes nearly a dozen potential fiscal restraint resolutions
LETHBRIDGE, AB – Eleven resolutions have been passed by Lethbridge City Council unanimously; many requiring City Manager Bramwell Strain to report back by June 2020, exploring the possibility of city asset sales, operational alternatives or funding withdrawal.
It’s part of Phase One of the City’s Fiscal and Operational Performance Review, completed by consultants KPMG, and presented initially at the Community Issues Committee meeting Nov. 18.
The first resolution requires Strain to explore ownership and operational alternatives for the Enmax Centre, and report back to City Council no later than June 1, 2020. Concurrently, he will also implement strategies and recommendations in the KPMG report that will have the Enmax Centre reduce its reliance on taxation support. Last year, the Enmax Centre received $1.8 million in funding from the city.
In addition, because the City owns about 50 per cent more assets than other comparable cities, Strain will also develop a framework to identify potential asset sales or disposals.