The Financial Services Department is responsible for the financial and accounting matters of the Municipality. Services include taxation, water and wastewater billing, garbage and recycling billing, annual budgeting, asset management, procurement, and collections and investing.
All of the below reports are available in alternative formats - please contact us and we would be happy to assist you.
| Asset Management | ||
The Municipality of South Huron's infrastructure assets are key resources used to provide services to the public. All of these resources contribute to the local economy and improve the quality of life for residents. These assets include:
An Asset Management Plan helps the Municipality make the best possible decisions regarding the construction, operation, maintenance, renewal, replacement, expansion and disposal of infrastructure assets while minimizing risk and cost to taxpayers and maximizing service delivery. Asset Management PolicyThe Municipality's Asset Management Policy outlines the commitment for establishing the framework for asset management at the Municipality of South Huron and and communicates South Huron's leadership, responsibility and duty with regards to asset management to its managers, employees and stakeholders. An official version of the policy can be obtained by contacting the Treasurer. |
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| Budget | ||
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The Municipality of South Huron prepares an annual budget that is approved by Council. The annual budget allocates resources to public services and projects and balances the resources drawn from the community against the demands for services and projects, while keeping municipal taxes and user fees within acceptable limits and ensuring that services are sufficient. The budget covers the entire municipality's operational areas, including building and development services, cemeteries, emergency services, recreation services, transportation, water, wastewater, storm sewer and solid waste. Each year the South Huron council approves a budget that is made up of the following:
South Huron Council has set Special Council meetings for 2025 Budget purposes on the following dates:
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| Financial Reports |
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The Municipality's financial statements include all assets, liabilities, equity, revenues and expenditures that are under its care and control. Financial statements are audited yearly by a professional accounting firm to ensure that they provide an accurate presentation of the Municipality's financial position. Financial reporting is completed to help with decision making and increase public accountability and transparency. Financial Statements are an important tool for Council and administration to use to report to the taxpayers on the municipal services provided with the resources at their disposal. An official copy of the Annual Statements can be obtained by contacting the Tax Collector. |
| Annual Audited Financial Statements |
| Financial Information Return (FIR) |
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2022 Financial Information Return 2021 Financial Information Return 2020 Financial Information Return 2019 Financial Information Return 2018 Financial Information Return |
| Procurement |
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The Procurement of Goods and Services Policy outlines how the Municipality acquires goods and services. Vendor InformationVendors can sign up for direct deposit by completing the Vendor Request for Payment by Direct Deposit or by contacting us. Bids and TendersPlease see our Bids and Tenders page for procurement opportunities. |
Taxes
Each year, the Municipality of South Huron adopts the annual budget to levy and collect taxes for various purposes. The Municipality establishes tax rates for local municipal services, and also collects taxes for the upper tier County of Huron and the four local school boards. The authority governing the municipal tax process is the Municipal Act, S.O. 2001.
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