Taxation & Finance

Taxation & Finance

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Taxes Rates

The Tax Rates are calculated in conjunction with the annual budget process. Taxes are billed twice a year. You will receive your Tax Notice by mail.

The Township of Tudor and Cashel makes every effort to stay accountable for the rates that they set.

Questions about your property taxes or any taxation issue should be directed to the Administration Department.

Payments

Pre-Authorized Payment Plan

We do not have a method for automatic debits however you can set your online banking up as a recurring payment on your end.

Cash, Cheques & Debit

Payments can be made at the office via cash, cheque or debit machine.
After hours you can drop your cheque in the drop off box located at the township office inside the first door  (cheques only)

We do accept US cheques however as the exchange rate changes daily if you are paying from a US account we suggest that you pay the balance due as shown, once we cash the cheque and determine the exchange rate at the time the payment is applied to the account and you will have a credit balance.

Online Payments Through A Recognized Financial Institution

Set up “Township of Tudor and Cashel”, or your bank may have us set up as “TUDOR CASHEL TX” as a PAYEE, then use your Roll # as your Account #

Credit Card Payments

Can be made online through My Account – we are not able to accept credit card payments at the office.

On-line Payments

Please use My Account

This can be to look at a current property tax bill or to set up e-billing.
Tax payments and Accounts Receivable payments can also be processed through your account.

Budget

The annual budget process for the Township of Tudor and Cashel begins toward the end of a calendar year. Each Department Head reviews his or her year’s work and prioritizes projects and programs for the upcoming year. Costing is done for the various projects and programs and that information is supplied to the Treasurer. The Treasurer in turn completes a lengthy document that clearly outlines the Revenues and Expenditures of each department.

Each member of Council reviews his or her copy of the proposed budget then each Department Head presents to council his or her department’s plans for the upcoming year. Council takes the time to go through each department budget line by line to review, ask questions and justify expenditures. The Township utilizes 5 year plans for equipment and roads, etc. and maintains Reserves for planned future expenditures.

All council meetings, including budget meetings are open to the public.

The Township’s budget is a public document and you may view or receive a copy of it by contacting the Treasurer.

Budget Documents

Year End Financial Statements

Financial statements provide information on a municipality’s financial activities and balances for the period. Financial statements also provide information on a municipality’s financial position in terms of its assets and liabilities, its net financial resources (called net debt), accumulated surplus or deficit, and its tangible capital assets and other non-financial assets. Financial statements reflect the outcomes of activities that create revenue and incur expenses to determine whether the municipality operated in a surplus or a deficit for that period. Financial statements also provide a meaningful summary of the sources, allocation and consumption of municipal economic resources, how the activities of the period have affected the municipality’s net debt, how municipal activities were financed, and how cash requirements were met.

Financial Statement Documents

Municipal Performance Measurement Program (MPMP)

The Municipal Performance Measurement Program (MPMP) is a program whereby all Ontario municipalities would measure their performance in various core service areas and report on their performance to the taxpayers.

Performance measurement is a tool that may be used to assess how well an organization performs in the provision of goods and services. Performance measurement:

  • creates measures or indicators of the efficiency and effectiveness of public services;
  • produces information that municipalities can use to make decisions to improve local services;
  • strengthens municipal accountability to taxpayers;
  • monitors ongoing performance to assist in planning for the future of communities;
  • evaluates past performance and allows municipalities to share best practices

Comparison of raw MPMP data to other municipalities also may lead to inaccurate conclusions, unless the following differences are taken into account:

  • geographic size and location of the municipality;
  • varying service levels;
  • differences in the method of service delivery;
  • unique factors in each municipality which impact service delivery or cost; and
  • differences in accounting and cost allocation methods between municipalities i.e. allocation of general government program support costs

Asset Management Plan

The Township of Tudor and Cashel remains focused on the issue of sustainability.  The Council of Tudor and Cashel realize that to remain sustainable, they need to have a plan for the management of their assets and infrastructure.  An asset management plan has been developed to help guide council and staff to make decisions on which projects should be prioritized for which years.