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Materials, Utility Costs Push CityHousing Hamilton 3.1% Over Budget So Far in 2025
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Materials, Utility Costs Push CityHousing Hamilton 3.1% Over Budget So Far in 2025
CityHousing Hamilton faces a projected $2.26 million budget overrun this year if current spending trends continue, according to the agency’s first-quarter variance report. Due to the City’s February 2024 cybersecurity failure, City Council has not received any financial variance reports for last year or this year, and still hasn’t received the 2023 end-of-year budget reconciliation and audit. Sixteen months after the failure, the City still hasn…
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