Our Financial Statements

​Our financial statements are audited by a chartered professional accounting firm.

They are prepared in accordance with Canadian generally accepted accounting principles for local governments as recommended by the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants.

Note: Financial statements are available here after they have been accepted by the Audit Committee and Council, which typically happens during the summer months following year-end.

Municipal Debt

The Financial Services division is responsible for establishing financial management practices for the municipality, maintaining the central accounts, and providing financial reports as required by Council, administration and external agencies.

Read the Municipal Debt Fact Sheet for common questions asked about our use of debt to finance various projects.

BMA Studies

The BMA Study is an independent study that compares our municipality to many others throughout the province of Ontario. This study includes a comparison of taxation and social-economic factors to name a few.