Wind­fall helps town­ship build up its re­serves

The Glengarry News - - News - -- Steven War­bur­ton

North Glen­garry will be able to build up its re­serves thanks to a num­ber of fund­ing streams from up­per lev­els of gov­ern­ment.

On March 14, the On­tario Mu­nic­i­pal Part­ner­ship Fund in­formed that the town­ship that an­nual al­lo­ca­tions would be re­duced by four per cent for 2019.

At first, the town­ship’s Direc­tor of Fi­nance, Kim Champigny, thought this meant the town­ship might want to re­vise the bud­get or take from re­serves at year end – the re­duc­tion re­sults in a short­fall of nearly $100,000, after all. But an ad­di­tional fund­ing an­nounce­ment made that sort of think­ing ob­so­lete.

That’s be­cause less than a week later, the town­ship learned it would re­ceive $598,861 from the Min­is­ter of Mu­nic­i­pal Af­fairs and Hous­ing as a “one-time pay­ment to sup­port small and ru­ral mu­nic­i­pal­i­ties.”

“This has solved the is­sue of re­vis­ing the bud­get,” Ms. Champigny wrote in a re­port to coun­cil. She sug­gested these ad­di­tional funds be put in re­serves in or­der to off­set costs in the 2020 bud­get.

“Due to al­ready stretched re­sources based on the pro­jects planned for 2019, I think it is bet­ter to plan for fu­ture items rather than rush to spend these funds,” she wrote.

At its April 23 reg­u­lar meet­ing, coun­cil ac­cepted the re­port as part of its con­sent agenda.

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