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Financial Services

About the Finance Department

The Finance Department is responsible for monitoring, controlling and allocating of financial resources in order to achieve the City's immediate short and long-term goals and objectives, as well as, maintaining the Information Technology services to all City facilities. The Department also provides Council with monthly and quarterly financial updates and variance analysis. Annual Financial Statements, which are audited by an independent auditor, are prepared by the Chief Financial Officer along with several other reports to meet the legislative requirements of the Province.

The Finance Department provides Council with monthly and quarterly financial updates and variance analysis. Annual Financial Statements, which are audited by an independent auditor, are prepared by the Chief Financial Officer along with several other reports to meet the legislative requirements of the Province. Other functions of this department include:

• Asset Management, Investment Management, Risk Management and Grant Management
• Maintaining Financial Records for Fixed Assets, Inventory, Permits and Licensing
• Budgeting and Long-Term Financial Planning
• Collecting City’s Revenues by Maintaining Property Tax Assessment Roll Information
• Administering the Annual Billing of Property Taxes, as well as, the Tax Sale Process
• Processing Accounts Receivables and Payables
• Administering Payroll
• Processing Monthly Utility Billing
• Improving, Maintaining and Implementing Information and Technology (IT) Systems.

Mike Kennedy, CPA, CA

Phone: (250) 362-2322

Email: Chief Financial Officer

Derek Stefiuk

Phone: (778) 551-7619

Email: Accounting Clerk I

Currently Vacant

Sherone Harris

Phone: (250) 362-2324

Email: Payroll Clerk

Barry McLane

Phone: (250) 362-2325

Email: IT Technician

Financial Plans & Reports

Each year, we build a budget that balances setting a reasonable tax rate and delivering services expected by residents and businesses. Annual Statement of Financial Information Reports (SOFI) are completed and audited to meet the legislative requirements of the Province.

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Grant Funding Opportunities

The City recognizes the value of the contributions by local service clubs, groups, non-profit societies and charitable organizations to the development of a vibrant community. This financial assistance is part of the annual budgeting process and subject to available funds.

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Property Taxes

Property Tax Payments and Home Owner Grants must be received on or before Monday, July 4, 2022 at 4:00 p.m.

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