Financial Services fulfills the statutory duties of the Treasurer, provides financial advice to Council and other departments, provides accounting, payroll, purchasing, accounts payable, accounts receivable and collections services to all departments, and administers the property taxation revenue function and operating and capital budget.

Performance data

Financial Services statistics
Activity202020212022 (forecast)
Number of investments 31 36 32
Tenders/quotes/proposals 98 72 85
Payroll cheques issued 42,175 45,991 55,000
Payroll T4s issued 1,605 1,600 1,600
Purchasing card transactions 22,095 21,225 21,000
Value of purchasing card transactions 11,455,436 11,385,409 11,400,000
Accounts Payable cheques issued CDN 2,087 1,560 700
Accounts Payable cheques issued US  15 30 24
Accounts Payable direct deposits 5,455 13,960 15,000
Items in inventory/stores 2,592 2,650 2,700
Stores orders processed 341 355 340
Number of properties 28,335 28,752 29,000

2023 Overview

Financial Services
Description2023 recommended
Expenditures $2,566,032
Revenues $244,902
Net requirement $2,321,130