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$4.9M in unspent funds transferred to reserves

Article content City council took care of some “year-end housekeeping” during the June 15 meeting, transferring $4,921,775 to various reserve accounts. “Since the province implemented the PSAB (Public Sector Accounting Board) accounting principles for municipalities, municipalities have not been able to just set up a payable for capital work that hasn’t been completed at year end that they could just book it to thereafter,” said Chief Administrative Officer Dave Landers, who was pinch...
Dave Landers Natalie Moore Public Sector Accounting Board Chief Administrative Officer Dave Landers டேவ் லேண்டர்கள் நடாலி மூர்

Hike for residential taxpayers less than 1%

Article content When city residents open their municipal tax bills, they will likely find what most might consider a modest increase after council approved the rates and ratios associated with the City of Timmins’ 2021 budget Tuesday night. The report presented by Treasurer and Director of Finance Natalie Moore indicated the total levy for 2021 is $84,497,793, up 0.47 per cent from 2020’s $84,099,572 figure. We apologize, but this video has failed to load. Try refreshing your browser. Hike...
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