The Treasury Department is responsible for the administration and maintenance of all financial records, including:
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Accounts Payable |
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The Treasury Department reviews and processes all disbursements and payments on behalf of the Municipality of Kincardine. This includes payment of: • Invoices for goods and services received • Payroll • Municipal contributions • Contract holdbacks • Expense disbursements • Transfers • Income and HST tax remittances • Refunds Methods of PaymentTwo methods of payment are available:
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Accounts Receivable |
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Accounts receivable is responsible for issuing invoices and the collection of outstanding fees owed to the Municipality of Kincardine. Due dates are specified on your invoice. We issue invoices for the following billings: • General administration • Dog licences • Kincardine Airport • Medical Clinic • Kincardine Marina • Water and Wastewater • Facility Rentals Sign up for eBillingWe now offer direct email delivery of tax and all accounts receivable/utility accounts. You will need a copy of your most recent bill to sign up. After signing up, you will no longer receive a paper copy in the mail. To sign up, fill out the eBilling Sign Up Form. Please remember:
Payment OptionsPlease visit our payment options page to see the variety of ways you can pay your bill. |
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Asset Management |
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Asset Management Planning is the process of making the best possible decisions regarding the construction, operation, maintenance, renewal, replacement, expansion and disposal of infrastructure assets. Asset management planning requires a thorough understanding of the characteristics and condition of infrastructure assets, as well as the service levels expected from them. It also involves setting strategic priorities with investments and identifying critical assets for the development of a minimum life cycle cost. As of January 1, 2018, Ontario municipalities are subject to O. Reg 588/17 Asset Management Planning for Municipal Infrastructure, under the Infrastructure for Jobs and Prosperity Act, 2015, S.O. 2015, c.15. Under the law, every municipality will be required to prepare a comprehensive strategic asset management policy, a plan to maintain core municipal infrastructure, a levels of service proposal, and a publicly accessible asset management plan. In 2018, the Municipality of Kincardine participated in a pilot project with the MFOA to assist in developing a Strategic Asset Management Policy toolkit that could be used by municipalities to assist them in meeting the requirements of the new legislation. The existing policy was reviewed and updated. The current Asset Management Policy meets the first requirement under the new legislation. The 2016 Asset Management Plan was updated by Dillon Consulting in 2022. It meets the legislative deadline for all core assets and current levels of service. It also includes early adoption of future requirements under the regulation, including current levels of service for all infrastructure assets, discussions surrounding proposed levels of service, and a related funding strategy. The plan will help make well-informed and evidence-based decisions throughout the annual budget process and with capital grant applications. It will guide planning for future sustainable infrastructure. |
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Budget |
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The Municipality of Kincardine Council adopts a budget for operating and capital requirements annually. All budget meetings are open to the public and advertised on the website and in local newspapers. Operating: This budget covers the day-to-day operations of the Municipality and funds such municipal services and programs as snow removal, fire protection services, by-law enforcement, economic development, road maintenance and repair, and parks and recreation programming. Capital: This budget covers municipal projects related to new assets or rehabilitating existing ones, including roads, sewers, water infrastructure, parks, facilities, stormwater management infrastructure, equipment replacements, and more. The 2023 Operating and Capital Budgets were approved by Council on March 13, 2023. A budget amendment was approved on June 19, 2023. A second budget amendment was approved on October 11, 2023. The Municipality of Kincardine tax levy of $21,976,875 is used to finance the Operating and Capital budgets for 2023.
Budget Documents2024-Understanding Your Municipal Budget Guide Current and prior year budgets are listed below: 2023 Operating and Capital Budget 2022 Operating and Capital Budget 2021 Operating and Capital Budget 2020 Operating and Capital Budget 2019 Operating and Capital Budget 2018 Operating and Capital Budget |
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Financial Statements |
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See our Financial Statements page for more information. |
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Procurement |
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Through the Municipal Modernization Program, the procurement policy was reviewed for compliance with legislation and to provide recommendations to modernize the procurement framework and practices to help reduce costs, and to streamline processes. A complete review can be found in the Procurement Policy and Review Report. View our Purchasing and Procurement Policy. View our Purchase Order Terms and Conditions. For current opportunities, visit our Bids and Tenders page for more information. |
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Fees |
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The list of all the fees the Municipality of Kincardine administers is reviewed, updated and approved by Council each year. The list includes fees related to:
View the 2023 Consolidated Rates and Fees By-Law for a complete listing. |
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