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Finance Department

The Finance department is responsible for long-term financial planning, annual budget development, investment management, general accounting, treasury and cash management and all statutory financial report. The Finance department also calculated and levies property taxes, generates utility billing, processes payments for such items as licenses, permits and fines and manages the payroll system for the Municipality’s 70+ employees.

The head of the department is the Director of Finance/Treasurer who oversees four employees and the annual Municipal budget of approximately $17.3 million.

Municipal Budget

The Municipality passes an annual budget that consists of two parts: an operating budget, which includes all the expenditures required to deliver the day-to-day Municipal services and the expected revenue (i.e., user fees, permits, etc.), and a capital budget, which includes one-time expenditures for major projects or infrastructure whether new or existing (i.e., roads, trails, parks, etc.).

Budget discussions typically begin in the fall with multiple meetings, including public consultations, and wrap up early in the new year with the approval of a by-law adopting a budget for that calendar year.

Current and previous budget by-laws as well as budget presentations are available in the Documents Library.

Financial Reports

The Finance department is responsible to ensure compliance with a variety of legislated reporting requirements. Some of the required reports include the Asset Management Plan, annual Financial Information Returns, annual Financial Statements and audits. All of these reports as well as additional documentation which may be of interest to tax payers are available to the public in the Documents Library.