Treasury

Treasury department services:

  •  Billing and collecting of taxes, water & sewer.
  • Ensuring the payments of all purchases,
  • Billing of other miscellaneous accounts receivable (arena rentals, cemetery, etc),

  • Reporting to many levels of government (including council and taxpayers),

  • Ensuring financial by-laws & procedures are followed

  • Developing, preparing and monitoring the budgets

  • Preparing the Annul Financial Statements

 

Financial Statements

               2018 Financial Statements - Trust Fund

                2018 Financial Statements 

                2017 Financial Statement

                2016 Financial Statements

                2015 Financial Statements

 

Budgets & Tax Rates

                2018 Tax Rates & Budget

                2017 Tax Rates & Budget

                2016 Tax Rates & Budget

 

Asset Management

To most corporatins asset management is nothing new but to municipalities, it's a new term and new process.  We have only been accounting for assets in our financial statements since 2009 and are now beginning the process of asset management. Although asset were always managed, they may not have been done with consistency and without clear direction.  Coucil has recently adopted a draft policy for asset management, but the entire complete asset management policy will take years to develop. In the meantime, you can click here  for more information.

 

 Property Taxes & Assessment

Property Taxes are calculated by using your assessment and the tax rate. On a yearly basis council reviews the budget that is prepared by staff and committees to determine the tax rate. Your assessment is determined by MPAC (Municipal Property Assessment Corporation) which is provincially legislated (we have to use their figures). For more information on your assessment please contact MPAC directly.

For more information regarding property taxes, click here.

What do my property taxes pay for?

 
Water & Sewer

 
The Municipality has two (2) water systems and a sewer system. The village of Warren has a well water system and a sewage system and the village of Markstay has a Water system. Water systems are extremely regulated by the Provincial Government. Those who are not on any of these systems have a tile bed and a well for water.

Those on water & sewer systems are billed separately from taxes as these services are for a particular set of users. We account for all costs and revenues in separate ledter and bill on those accordingly. Bills are sent out twice a year - being May and October.

Click Here for more information on Water & Sewer

By-Law 2019-14 To Establish Water & Sewer Rates for Markstay & Warren
By-Law 2018-42 To establish Water & Sewer Rates for Markstay & Warren

 

Accounts Payable

For any questions regarding accounts payable including for of payment, outstanding payment or how to submit an invoice, please contact the Accounts Payable Clerk at 705-853-4536 ext 201 or by e-mailing This email address is being protected from spambots. You need JavaScript enabled to view it.

Other Accounts Receivable

For any questions regarding accounts receivable including how to make a payment or questions regarding your invoice please contact the Accounts Receivable Clerk at 705-853-4536 ext 200 or by e-mailing This email address is being protected from spambots. You need JavaScript enabled to view it.