Unallocated Surplus of Almost $8 Million in Sainte-Julie

The Mayor presented the 2024 financial report at the May 13 public meeting, which reported a decrease in the City's debt ratio and an unallocated surplus of almost $8 million.The latter will be used, among other things, for the payment of several projects in 2025, for the reduction of financing costs associated with possible borrowing settlements and for the redemption of the debt.Mario Lemay indicated that a $2 million tranche of the unallocate…