Quinte West is in solid financial shape, as it has been for all of it’s existence. The city’s Corporate Finance Committee heard the good news from it’s auditors last night. Mayor John Williams says the slumping economy will lead to very careful budgeting, and he doubts Council will be spending 18 million dollars on capital project next year, as they did this year. Quinte West ended 2008 with 24 million dollars in reserve funds, 22 million of that in cash and short term investments.
