Lunenburg in Solid Financial Position

An audited statement of Lunenburg. shows the town is in a solid financial position.  Mayor Laurence Mawhinney says the operating surplus was around 17 hundred dollars in a budget of over 4 million.  He says it's worthy of note that as a small community Lunenburg is not at risk as some communities may be as to their financial stability.  Mawhinney says it's very commendable that in a time when others are still looking to  find monies to pay for major capital investment, the Town spent over 7 million dollars this past fiscal year installing a new water treatment plant and only owe one million. The Mayor adds the Town is taking a very prudent and wise approach to fiscal management by waiting to source available provincial and federal funds.