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CITCO

CitCo records a decrease in expenditure of 13%

The Belize City Council also spoke about their decreased expenditure. According to them, this decrease was 13%, going from $9.2 million in 2018 to $8 million in 2019. Areas that took cuts were finance and administration, which includes board meetings and travel costs; human resource management; the public relations department; and the traffic department.

The Belize City Council also spoke about their decreased expenditure. According to them, this decrease was 13%, going from $9.2 million in 2018 to $8 million in 2019. Areas that took cuts were finance and administration, which includes board meetings and travel costs; human resource management; the public relations department; and the traffic department. Notably, according to Mayor Bernard Wagner, many of the costs they cut came from unnecessary spending by the previous administration.

Bernard Wagner, Mayor of Belize City: Finance and administration expenditure. We were able to decrease expenditure in finance and administration by 13%. Them bally spent $9.2 million in 2018 you know ? We spent $8 million in 2019 and how we do that? Wi board meetings, we reduced that from $16,000 in 2018 to $6,000 in 2019, we cut down on the cocktails that we serve at those board meetings we cut it down. Consultancy and professional fees gone from $53,000 to $40,000. Donation, we had to pull back a little bit off the donations, them bally mi di give away a hundred and sixty one in donation. Fuel consumption from $128,000 in 2018 to $95,000 in 2019. Social assistance $368,000 they spent in social assistance in 2018 to $26,000 in 2019. Transport and travel, this is travel that we do, from $64,000 in 2018 to $3,000 in 2019. Human resource management the expenditure there again fell by 17% going from $1.5 million to 1.3, how did we save that, by reducing fuel expense. $22,000 in 2018 they spent in fuel in human resources, we took it down to 9.5 and we got new vehicles too, twelve new vehicles. But watch this one here, national celebration activities they spent $206,000 in 2018, we spent $154,000 and we didn’t lose anything we had a good celebration. PR department we also managed to cut there, operational expenditure decreased by 21% going from $944,000 in 2018 to $743,000 in 2019. Traffic Department decreased by 8%, expenditures again decreased from $1.4 million in 2018 to 1.3 in 2019.”