The Mayor of Dryden stresses the City is well on its way to getting back to financial stability.
In a speech to the Rotary Club this week, Greg Wilson stressed 2021 will be a great year as they will have paid off their “bad debt”.
“And we will be able to take that roughly $3.3-million debt repayment and reduce it down to $1-million. That means we will have $2.3-million that we can allocate.”
Wilson has stated that money hasn’t been available for community projects and badly needed infrastructure upgrades because of a lengthy $20-million debt repayment plan.
Wilson thanked outside agencies for their assistance during the transition period including the Kenora District Services Board.
“They’ve gone from roughly a $33-million budget back four or five years to almost double that now. So that money is being put to good use in the region.”
Wilson stresses it’s important to speak to community organizations to update them on the state of the municipality.
