The Finance Department manages tax and water billings, budget and expenditure information, fiscal policies, accounts payable, payroll, receivables and cashier services.

 

To have you're say and take part in the 2021 Budget Survey please click on the link below:
https://www.surveymonkey.com/r/MM2021Budget 

 

Property Taxes

Property taxes is one revenue source used to pay for municipal programs and services provided to residents. Besides municipal taxes your property tax bill includes education taxes, county taxes and a waste management fee.

Budgets

The municipality approves its capital and operating budgets annually.  The budget establishes the required tax rates as well as user fees and water and sewer rates to pay for municipal programs and services for the year.  The budget process identifies annually capital projects to be completed, such as the maintenance and replacement of infrastructure.

2021 Budget Documents

2020 Budget Documents

2019 Budget Documents

Financial Statements and Reports

Financial statements are prepared each year according to Public Sector Accounting Board standards.

Asset Management Plan

The Asset Management Plan is a long term planning document that establishes when to maintain, rehabilitate and replace municipal assets.

Development Charges

Development Charges help pay for the capital costs of services related to new development including roads, public works, fire protection, indoor and outdoor recreation, libraries, administration, daycare, wastewater, water and septage treatment.  Rates are indexed annually.

Long Term Financial Plan

The long-term financial plan provides direction to both Council and Staff on target expenses, debt levels, reserves and taxes. The plan does not include water and sewer because they are not paid from taxes but from water and sewer rates for the service. Water and sewer has a separate financial plan.

 

Municipal Grants

Organizations seeking support can apply annually for municipal grants. Applications are included in the annual budget process and organizations are notified of their allocations, if approved, once the budget has been finalized. Applications for 2021 will be accepted until November 30, 2020.

Fees and Charges 

A fees and charges bylaw is reviewed and passed annually by Council to establish fees for services provided by the municipality. 

Water and Sewer Rates 

The water and sewer services rates bylaw is passed annually following completion of the budget and sets both an annual base charge and a rate for consumption.