Thank you, Mr. Chairman. I need a clarification. What is good fiscal management? Is it when the municipal corporation ends the fiscal year with zero balance, or is it when the municipal corporation ends the budget year with a surplus? When the municipality ends the year with a surplus, is the municipality rewarded by giving that municipal corporation the discretion to do whatever it wants with that surplus? Is the municipal corporation penalized when they end the year with a surplus by the government cutting the new fiscal year funding? Thank you.
John Ningark on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 26th, 1993. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 25th, 1993
Page 654
John Ningark Natilikmiot
See context to find out what was said next.