The savings is due to the administration revising its fuel forecast, lowering it by 25 cents to $1.25 per litre. The original estimate was calculated several months ago, before the price of crude went into the tank.
The $375,000 in savings are based on 1.5 million litres of consumption.
Mayor Nolan Crouse introduced a motion at tonight's budget meeting to make the fuel forecast official. It still needs to be debated, likely next week, but really is just a formality.