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Finance

The Municipality of Trent Lakes Finance Department discharges the responsibilities and duties assigned to the Treasurer by the statutes and Council including the municipal budget, accounts payable, billing and property tax, and a variety of other functions. The Treasurer is responsible to keep council informed about municipal financial needs and changes, as well as to oversee the budgeting process and the five year financial plan. Property taxes and other revenues, as well as statutory filing and reporting are all a part of the Finance Department’s duties.

The Municipality collects funds annually from various sources including property taxes, service charges, and government grants. The Finance Department oversees the expenditure of these funds through the annual budget process. Financial functions also include purchasing of goods and services, controlling inventory, accounts payable, payroll, loans and investments, insurance, and the provision of property tax information, co-ordination of the current and capital budget estimates, maintenance of accounting records and the provision of auditing services.

Municipal Performance Measurement

The Trent Lakes Financial Information Report consolidates both the MPMP and the FIR.

The Municipal Performance Measurement Program (MPMP)  is a mandatory annual reporting that shows how tax dollars are spent and how services compare year-to-year and in relation to others.

The Financial Information Return (FIR) is a standard set of year-end reports which capture financial and statistical information for each municipality in the Province.

Asset Management Plan

The Asset Management Plan helps the Municipality of Trent Lakes make the best possible decisions regarding the construction, operation, maintenance, renewal, replacement, expansion and disposal of infrastructure assets while minimizing risk and cost to taxpayers and maximizing service delivery.

The Plan is based on currently available data and information on core services and is a living document requiring continuous updates and improvements with ongoing data collection programs.

Municipal Services

2017 What Residents Receive for Tax Dollars Report

Services provided by the Municipality of Trent Lakes include (but are not limited to):

• Administration Office, Council, Legal, Committees
• Fire Services
• Building, Plumbing, Planning, By-Law Enforcement Services
• Ontario Provincial Police
• Conservation Levy
• Roads and Roads Maintenance
• Parks and Recreation
• Public Library and branch library
• Community Centres
• Raffle/Lottery Licensing
• Community Water Systems
• Civil Marriages
• Dog Licensing

2017 Distribution of Taxes Collected

Pie chart of property tax distribution