![Town Of Yarmouth Enjoys Small Surplus](https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/1918/files/2019/04/yarmouth-town-council.jpg)
Yarmouth Town Council got some good news on Thursday night when their financial statement was presented.
The town has a small surplus but it was a bit bigger than expected.
Mayor Pam Mood says the town is able to pay for all the services being provided and still has some to put aside on things like projects and the debt.
“We’ll have all of our debt paid off by 2024, that’s really exciting,” she said. “So yeah, we have capacity obviously to borrow if we need to do that, and there would be some big ticket items that we can certainly dive into but we want to make sure that we don’t over-extend, which we aren’t doing,” she added.
The positive financial situation leaves the town in a strong position for the future.