Thursday, September 08, 2005

Sask: Auditor's report due out this morning

The Provincial Auditor will release his report "understanding the finances of government" this morning. Last year's report called attention to the province's debt which, at $9.3 billion, is very high for a province of 1 million.

Last fiscal year the province will come out in the black, and the Auditor's report ought to confirm that. But in a year where revenues were higher than ever before, a significant debt pay-down ought to have been made. That wasn't the case. The province ratcheted up spending.

I'll be heading down to the news conference, and I'll fill you in when I get back.

In the mean time, for some thrilling reading, you can peruse the Auditor's previous reports.

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