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The Mayor’s Report - Highlights of the 2017 financial and external auditor’s reports
September 1st, 2018

In accordance with the provisions of section 176.2.2 of the Municipal Code of Québec, I am pleased to present to the citizens of La Pêche, at this municipal council meeting of June 4 2018, the highlights of our financial report and the external auditor’s report for the fiscal year ending December 31 2017, produced by Dignard Ethier CPA Inc., chartered accountants.

The audited financial statements for this fiscal year show a surplus of $998 434, with revenues totalling $14 733 116 and expenditures and budget allocations totalling $13 734 682. A portion of the budget surplus has been reallocated to the 2018 fiscal year, leaving a non-allocated balance of $642 622.

Major disbursements in 2017

Total charges amount to approximately $14 million, of which $2 million were invested in road works and almost $9 million to cover liabilities and our share of indisputable fees:

      • MRC quota including public security: $3.2M

      • Management of residual material: $1.3M

      • Debt management: $827 000

      • Salaries includingbenefits: $3.7M

    In 2017, the Municipality acquired a work of art for the Moulin Park. A property located behind the William-Gonzalez fire station was also purchased in order to provide a second access. A 1500-gallon pumper was purchased for the Eugène-Bernier fire station as well as an emergency rescue unit for the Arthur-Saint-Louis fire station.

    The Municipality received a grant of $34 200 as a part of the Canada 150 community infrastructure program from Développement économique Canada and these funds were used to renovate the Ste-Cécile de Masham community centre.

    Major road works were carried out on Montée Bélisle and Montée Chartrand, Chemin Robertson, Kennedy, Shouldice, Gingras, Francis, Vaillant, Brazeau, Schnob, Bélanger, Mill, de la Rivière and Burnside. Sidewalks were also added along Route Principale Ouest and Montée Beausoleil.

    We were affected by floods in the spring and fall of 2017, which caused serious damage to our road infrastructure. The Public works department repaired the areas most affected as quickly as possible. The Fire department was also called upon during these natural disasters to ensure the public’s welfare.

    Our total net long-term debt ratio per $100 of evaluation is 52¢ as opposed to the average debt ratio for the municipalities in the entire MRC des Collines-de-l’Outaouais, which is 99¢.

    In conclusion, the financial report of December 31 2017 shows that the Municipality is in great financial position.

    Guillaume Lamoureux