Consultants Deliver Cost-Saving Report for Peterborough City Council

Ernst & Young provided a 230-page cost-saving report to the city of Peterborough. The document outlines 20 potential ideas that, if implemented, could save the city between $20 and $30 million over the next four years. The ideas are intended for the next city council to consider when they settle the 2027 budget following the October 26 municipal election. The report was presented at a general committee meeting, where councillor Keith Riel stated opposition to certain suggestions, such as charging admission to the city-owned Riverview Park and Zoo.

The report details potential revenue streams and cost management strategies for the city administration. The ideas range from operational efficiency to specific revenue generation, such as modest fees for the Riverview Park and Zoo. The city council must review these proposals to determine their viability for future fiscal planning.