Fort Saskatchewan City Council has adopted a policy that will help prepare and implement budgets.
After a record surplus, council implemented some steps to try to prevent another.
The Operating and Capital Budgets Policy addresses two big concerns; project cost overruns and the gigantic surplus, blamed on many things including a multitude of vacant staff positions.
The new policy encourages more thought from council about the financial implications of what they're voting to spend money on. With the policy, council will have to consider how much the item they want will cost, how much revenue will it generate and how will this item impact the city in the short term and long term.
"The budgeting policy is a great success for the city," said councillor Arjun Randhawa. "Because of that now, we're going to have more in depth policies on capital projects so we can reduce cost overruns seen in the millions in the past few years."
He added it will also help to work towards a debt policy.
"This policy is a real win for residents and the community and it's time that, for a city of 25,000, to actually have policies and procedures that represent our size."
Randhawa and councillor Ed Sperling raised their concerns on the over-budget curling rink renovations, something the newly adopted policy would help prevent.

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