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
Activity201820192020 (forecast)
Number of investments 49 38 40
Tenders/quotes/proposals 91 76 85
Parking ticket payments 20,002 21,071 17,500
Payroll cheques issued 49,235 56,663 55,000
Payroll T4s issued 1,694 1,693 1,500
Purchasing card transactions 29,228 28,622 28,000
Value of purchasing card transactions 10,147,740 11,680,028 11,500,000
Accounts Payable cheques issued CDN 3,138 2,141 2,000
Accounts Payable cheques issued US  46 16 25
Accounts Payable direct deposits 5,828 5,711 6,000
Items in inventory/stores 2,743 2,400 2,450
Stores orders processed 365 370 365
Number of properties 27,873 27,950 28,260

2021 Overview

Financial Services
Description2021 recommended
Expenditures $2,291,841
Revenues $252,380
Net requirement $2,039,461