Finance

The Finance Department is responsible for the municipal budget process and financial reporting for the municipality. Operating and Capital budgets are set annually by Council. The Finance Department is also responsible for day-to-day accounting operations for the municipality including oversight of Property Taxes, Accounts Payable, Accounts Receivable, Payroll, Purchasing, Risk Management and Provincial Offenses Administration.

Municipal Budgets
Asset Management Plan
Financial Statements
Development Charges Background Studies
Contact

Municipal Budgets

One of the most important tasks for Council is setting the municipality's annual Operating and Capital budgets. The 2017 budget deliberations took place from December 5 to December 9, 2016 at Shire Hall.

2017 Tax Supported Budgets

Operating Budgets:

2017 Tax Supported Operating Budget Summary

General Government

Protection Services

Transportation Services

Environmental Services

Health Services

Social & Family Services

Social Housing

Recreational & Cultural Services

Planning & Development Services 

Capital Budget:

2017 Tax Supported Capital Budget

2017 Rate Supported Budgets

Operating Budgets:

2017 Waster Services Budget

2017 Wastewater Services Budget

Capital Budget:

2017 Rate Supported Capital Budget

Asset Management Plan

The municipality has developed an asset management plan for core infrastructure services including transportation (roads) and water and wastewater. The Asset Management Plan provides an assessment of the current state of roads and water and wastewater infrastructure, and identifies asset management and financing strategies to ensure infrastructure requirements are being met.

Financial Statements

Consolidated financial statements reflect the municipality's assets, liabilities, revenues and expenses. As required by the Municipal Act, financial statements are prepared annually for the County of Prince Edward in accordance with generally accepted accounting principles for local governments. The previous audited financial statements can be found below.

2015 Consolidated Financial Statements

2014 Consolidated Financial Statements

2013 Consolidated Financial Statements

2012 Consolidated Financial Statements

2011 Consolidated Financial Statements

2010 Consolidated Financial Statements

2009 Consolidated Financial Statements

2008 Consolidated Financial Statements

2007 Consolidated Financial Statements

2006 Consolidated Financial Statements

2005 Consolidated Financial Statements

2004 Consolidated Financial Statements

2003 Consolidated Financial Statements

2002 Consolidated Financial Statements

2001 Consolidated Financial Statements

2000 Consolidated Financial Statements

1999 Consolidated Financial Statements

1998 Consolidated Financial Statements

Development Charges Background Studies

Development charges are fees collected from developers at the time a building permit is issued. The fees help pay for the cost of infrastructure required to provide municipal services to the new development, such as roads, transit, water and sewer infrastructure, community centres and fire and police facilities. To ensure that these charges are fulfilling their purpose while not putting an unreasonable burden on developers, the municipality reviews the Charges schedule regularly.  To read the most recent Development Charges Background Study, please download the document below.

Development Charges Background Study

Director of Finance

Amanda Carter
Office 613-476-2148 x1502
Fax 613-471-2050
Email acarter@pecounty.on.ca