$122,000 Art Gallery Debt Repayment from Budget Surplus Gets Council Approval Without Question

Director of Corporate Services recommends paying down TTAG debt to taxpayers with taxpayer funds, noting the City's financial position doesn't change either way

Conceptual drawing of proposed TTAG expansion presented to Owen Sound City Council by Diamond Schmitt on March 11, 2024.

In its April 29 meeting, Owen Sound Council approved a suggestion from the Director of Corporate Services that $122,000 from the City’s net year-end surplus of $330,935 be applied to the Tom Thomson Art Gallery’s debt to taxpayers.

The …