Budget and Finances

The Clerk Treasurer manages all the accounting functions for the Township of McGarry. This includes payroll, accounts payable and receivable, and money management. The Clerk Treasurer is also responsible for management of the annual financial planning processes including the Current and Capital Budgets and regular financial reporting.

The Municipal Budget is prepared yearly to determine the Operating and Capital requirements for the year. This information is used to calculate your yearly taxes.

The Clerk Treasurer reports to Council monthly regarding the income and expenses of the Township as compared to the budgeted amounts.

At the end of each year Financial Statements are prepared and sent to the Ministry of Municipal Affairs and Housing (MMAH).

Below are a few components of the Budget process and financial reporting:

Financial Statements

The Township of McGarry is committed to keeping Council and the public informed of our financial position. Financial statements are prepared annually. The financial statements are audited by an independent accounting firm.

Please contact the Clerk-Treasurer if you require any of these documents in an alternate format or would like to view documents from a previous year.

Financial Information Return and Municipal Performance Measures

We prepare a Financial Information Return (FIR) yearly through the Ministry of Municipal Affairs and Housing (MMAH). This report allows the Ministry to compare all municipalities across Canada.

Purchasing and Accounts Payable

The Clerk Treasurer is responsible for the administration of the Township of McGarry's purchasing activity. Each department is responsible for their own purchases up to their authorized spending limit.

The Bookkeeper processes the bills for payment.

This includes:

invoices for goods and services
petty cash
leases
refunds
government remittances

Payments are done on a weekly basis, as needed.

Payment terms

We pay as per vendor terms.

Payment methods

Payments are typically made by cheque. All cheques are signed by 1 members of Council and the Clerk-Treasurer or The Deputy Clerk.

Clock, house, coins with a post-it note saying property tax

TAXES

Tax bills are issued twice a year; an Interim in March and a Final in September. Both of these bills have two installment due dates, the last business day of March, April, September and November.

Please note that:

if you have not received your tax notice please contact the Township Office at 705-634-2145. Not receiving your bill does not excuse you from paying your taxes or the charge of late fees.

*Payment must be received in the office by the due date or a penalty of 1.25% will be added to any late or unpaid balances after a due date and on the first day of each following month. Payments received are first applied towards any outstanding penalty/interest charges and then toward the oldest outstanding taxes.

we are not responsible for payments made on wrong accounts
if you get a tax notice that is not yours, please return it to the tax office at once
tax certificate requests can be faxed to 705-634-2700 or mailed to the office, the cost is $100.00

The following links may help you with:

moving into or out of the township
questions about your property assessment
to see payment options
property tax by-laws
yearly property tax rates