The town of Fort Frances will sock a budget surplus from 2010 away to help cope with a pending outcome of AbitibiBowater's appeal of its assessment.The $318-thousand dollars would normally be placed in a fund for capital purchases.
The town will also consider putting a projected 2011 surplus into a new contigency fund.
Any decision on the appeal is still several months away, but the town has stated the impact could be a tax rebate of over $2-million back the company, now known as Resolute Forest Products, and a further annual tax loss of $800-thousand.
