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Presentation of the Mayor's report on the highlights of the financial report and the external auditor's report for the year ending December 31st, 2017 

The financial statements of the Municipality of the Township of Gore at December 31st, 2017 were filed at the council meeting of May 7th, 2018.

As stipulated in article 176.2.2 of the Quebec Municipal Code, at the regular June Council meeting, the Mayor shall make a report to the citizens on the highlights of the financial report and the external auditor’s report for the year ending December 31st of the prior year.                                  

Here are the highlights for the year ending December 31st, 2017 

 

Municipal Administration

Controlled

Organisms

Consolidated           Total

INCOME

 

 

 

 

Operating income

4 047 941

1 000

4 048 941

 

Investment income

363 034

0

363 034

TOTAL INCOME

4 410 975

1 000

4 411 975

 EXPENSES

 

 

 

 

Operating expenses

4 118 598

9 838

4 124 287

TOTAL EXPENSES

4 118 598

9 838

4 124 287

 

Surplus for the year
(Income minus expenses)

292 377

 

(8 838)

287 688

 

Investment income

(363 034)

0

(363 034)

SURPLUS (DEFICIT) OF OPERATION ACTIVITIES FOR THE EXERCICE BEFORE CONCILIATION FOR FISCAL PURPOSES

 

 

(70 657)

 

 

(8 838)

 

 

(75 346)

Plus : Elements of conciliation for fiscal purposes

279 749

8 838

284 438

 

SURPLUS OF OPERATION ACTIVITIES FOR THE EXERCICE FOR FISCAL PURPOSES

 

209 092

 

0

 

209 092

ACCUMULATED NON AFFECTED SURPLUS

 

818 236

 

14 123

 

832 359

ACCUMULATED AFFECTED SURPLUS TO 2018 EXERCICE

 

77 252

 

0

 

77 252

The external auditor’s report on the consolidated financial statements is an unqualified report which, in all significant aspects, gives a true and fair view of the financial situation of the Municipality of the Township of Gore and the agencies under its control as of December 31, 2017, in accordance with Canadian accounting standards for the public sector. 

As required by Article 176.2.2 of the Municipal Code, this report is distributed on the territory by publication in the Gore Express and the municipal internet site.  It is also available at the municipal office.
 
The list of contracts exceeding $25,000 for 2018 is shown in Appendix A of the minutes of January 14th,  2019 meeting and forms an integral part of this meeting. This report is being presented in accordance with article 955 of the Municipal code.

In closing, the municipal Council and office staff work for you and we are consistent in our goal to increase and improve services. Your input is very valuable to us, so please do not hesitate to contact me to discuss any ideas or problems you may have. I will always take the time to return your calls or transfer the information to the municipal council and office staff. You can always reach me at 514 941-2224. If you wish to receive our bulletin the Gore Express by e-mail, kindly send your coordinates to sbarsalo@cantondegore.qc.ca. Thank you.



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