Article content Council reviewed the numbers Monday, as it approved the year-end financial statements. The fiscal year was greatly impacted, both in revenue and expenses, by the ongoing pandemic. We apologize, but this video has failed to load. Try refreshing your browser. Cornwall clears 2020 with $855K surplus, two reserves too low Back to video According to treasurer Tracey Bailey, the city used $8.2 million it received from the province to support departments that experienced a loss in revenue or an increase in expenditures due to COVID-19, including recreational, parking, transit, paramedic, tourism, and Glen Stor Dun Lodge. To assist residents, the city also deferred property taxes as well as water and waste water payments.