Finance
Primary responsibilities include:
- providing information, reports, analysis and guidance to Township Council, the Public and Township Departments regarding financial operations of the Township
- establishing, developing and maintaining accounting systems and procedures relating to financial activities for Township operations
- billing and collection of municipal taxes
- preparation of the Township's operating and capital budgets
- processing accounts receivable and accounts payable
- acts a lead Departments relative to the Township's purchasing function
- investing and borrowing of funds
- issue debentures relating to capital projects
- acquiring and maintaining the Township's general insurance policies
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Donation Policy (under construction)
Please note that building permit fees and other invoices can not be paid through your internet telephone banking as this is for property taxes only. We accept cash, debit, cheque, or e-transfers to finance@thearchipelago.ca.
Please send a separate email to the Township at finance@thearchipelago.ca with your security question answer and what the payment is for (e,g taxes and which property, donation, or invoice number)
Asset Management
Through Asset Management Planning, the Township is detailing how it will maintain, manage, restore and replace assets when required to ensure continued service delivery, a healthy environment, and economic vitality for current and future generations.
What are Municipal Assets?
As outlined in Ontario Regulation 588/17, assets are categorized into two classes – core assets or non-core assets. Core asset classes include water, wastewater, stormwater, roads, bridges and major culverts. Examples of non-core assets include facilities, buildings, parks, land and fleet assets. All assets, no matter their class, are the property of the municipality.
What is an Asset Management Plan?
Asset Management Plans are approaches for managing and investing in municipal infrastructure, including how the Township acquires, operates, maintains and replaces assets when required. These plans feature a capital needs analysis for the next 10 years for each asset, which include:
- performing an inventory of all owned assets
- assessing current condition, performance abilities and lifecycle forecasting of all assets
- estimating projected growth and annual costs of all assets
The plans also answer questions such as:
When does this building need to be replaced?
How often does a road need to be repaved?
Why is the Township Creating an Asset Management Plan?
Asset Management Plans are an example of the Township’s commitment to good governance. They determine how the Township will afford to maintain, rehabilitate and replace assets in the future, allowing the Township to properly budget for these costs.
They are also important because they help determine the value of the Township’s infrastructure if it were replaced today. Although assets often have service lives lasting decades, they will eventually need replacement, and the older they become the more expensive they are to maintain. These plans help manage assets according to their lifecycle.
What are the Benefits of an Asset Management Plan?
By properly managing assets, the Township will achieve:
- economic benefits, including reduced costs and optimized spending based on asset lifecycles
- social benefits, including reduced disruptions to residents and sustained service levels
- environmental benefits, including reduced environmental impacts through scope and timing considerations
Where Can Citizens Find More Information on Our Asset Management Plan?
To view the Council-adopted Asset Management Plan, please see the links below.