Aftre a dire warning this summer from its finance department, it appears city hall can breath a sigh of relief.
Councillors are expected to learn Tuesday night the city will not find itself in a deficit position when the books are closed on the 2012 fiscal year.
Council heard in August it was staring at a $650,000 shortfall and would have to begin belt-tightening.
But finance manager Maureen Adams will tell councillors Tuesday that savings have been found that have virtually eliminated the shortfall.
Variable expenses in some city departments won't be as much as first thought, which will eliminate deficits in other areas.
At first there was a fear that operating expenses and capital projects might have to be curtailed.