2010 Budget - Powerpoint presentation
The annual budget provides resources for the management and delivery of public services such as snow removal, the supply of drinking water, Public Security and Recreation activities. The principal source of financing is from the municipal tax bill. As well, other revenues are generated from Recreation programs and its various services.
The triennial capital investment budget encompasses the programs that the Town wishes to undertake in the coming three years to maintain and upgrade its infrastructures and/or improve the quality of urban life. Different sources of financing are available through long-term loans which account for the debt of the Town. The annual capital and interest payments made to repay this debt are integrated in the operational budget and make up part of the financing costs. Each project needs to be individually approved by council.
Click on image below to enlarge.
Click on image below to enlarge.
Despite the fact that some Agglomeration expenses were shifted to the local level, cuts were made in certain areas that while not affecting core services, resulted in a 0% tax increase for the average single family home. To this end, a $246 K appropriation from surplus was made to help in financing the operations. Since 2006, there has been a marked decrease in property tax increases.
Click on image below to enlarge.
We are continuing to focus on our highest priorities and as such, 2009 is now Year-4 of a longer-term plan to rebuild and renew our damaged infrastructures. Over $1 M will be spent on water mains and sewers with a minimal cost effect since most of the funds are coming from a Federal Excise Tax Grant.
Click on image below to enlarge.
Information will be available soon
