Lethbridge SPC prepares for two-day economic update [Video]

LETHBRIDGE, ALTA. –

The current economic conditions and financial position of the City of Lethbridge will be the focus of a two-day economic and finance standing policy committee (SPC) meeting starting Wednesday.

City council will convene as the SPC for an overview of the current conditions and the impact they have on the city’s financial position and resources.

“It’s not a re-opening of the budget, it’s actually going in and taking a look at specific things that are coming forward to city council,” explained Darrell Mathews, chief financial officer with the City of Lethbridge.

“So, that could be some conditional initiatives – there’s a number of those coming forward – there’s also a number of bylaws coming forward to have fees and services changes inside of it as well as some other asks from the community and other departments.

“There is also some optimism in regard to what we’re seeing going on in …