Year |
Budget |
Capital Projections |
Reserve Projections |
2023 | 2023 Budget | 2023 Capital Projections | 2023 Reserve Projections |
2022 | 2022 Budget | 2022 Capital Projections | 2022 Reserve Projections |
Financial Information
The municipal budget is a policy and planning document that outlines our Municipality's priorities and is a balancing act between what we can afford and providing a high level of service to residents.
Each year, Municipal staff prepares a preliminary budget for Council's consideration, with input from Northern Bruce Peninsula residents, so that decisions can be made on the services and programs that will be offered in that year.
The annual budget is comprised of three parts:
- The operating budget provides the necessary resources to deliver programs, services and facility services to meet the needs of our growing community. The operating budget is funded primarily through property taxes and user fees, which includes charges for recreation programs, water and sewer.
- The capital budget is the annual plan for the purchase and financing of the Municipality's capital assets. The capital budget is funded through property taxes, reserves, debt and grants. The capital budget is used to either build or rehabilitate assets that will last for more than one year.
- Reserves and reserve funds receive annual contributions from the operating budget to assist with creating a solid financial position to support the Municipality's future cash requirements. Maintaining sufficient balances in reserves and reserve funds is a critical component of a municipality's long-term financial plan as it reinforces its long-term financial sustainability, helps to minimize variations in the tax rate and provides funding to sustain infrastructure.
Financial Statements & Year End Reports
Year |
Financial Statement |
Year End Auditor Report |
2021 | 2021 Financial Statements | 2021 Auditor Year End Report |
2022 | 2022 Financial Statements | 2022 Auditor Year End Report |
Coming Fall 2023.
Assessment and Taxes
For information regarding property assessments and taxes, please click the button below.
Contact Us
Municipality of Northern Bruce Peninsula
56 Lindsay Road 5
Lion’s Head ON N0H 1W0
519-793-3522
Email Us