The City of Pembroke could potentially lose big revenue dollars because of COVID-19. City Treasurer and deputy clerk Angela Lochtie made a presentation to the city’s combined committee forecasting the financial impact of COVID-19 on the city’s 2020 budget this week and as Mayor Mike Lemay says, just in recreation alone, the city could lose hundreds of thousands of dollars.
To offset these losses, the City expects to save roughly $62,000 in operating costs through decreased opportunities for staff and savings in office closures. It’s expected that many of the City’s summer programs will be cancelled resulting in a savings of about $72,500. Not hiring summer staff could ave as much as $236,708. However, the Mayor says council voted to continue to provide services and that $18.2 million in infrastructure projects are still slated to go ahead this year.