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Letter: Don't squander City of Burnaby's healthy surpluses

Should Burnaby be focusing on maintaining its budget surpluses? This writer says yes.
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The City of Burnaby needs to focus on maintaining a healthy contingency fund, not on spending surplus dollars, this writer says.

Editor:

Spending money is easy. Developing a healthy contingency fund is hard. Having (and retaining) a healthy balance sheet is critical for future financial health.

I believe that past Burnaby governments have done an incredible job providing budget surpluses.

Let’s not squander the excellent job that has been done in the past, just because we have a new group in office — please!

Rick Fijal

📢 SOUND OFF: Do you agree? Should the City of Burnaby be focused on maintaining its budget surpluses? Or is now the time to start spending some of those dollars — and, if so, on what? Share your thoughts — send us a letter.