Financial Forecast
Financial Forecast
Financial forecast as at December 31, 2025
| At the Council meeting held on October 1, 2025, the Director General presented the summary of the financial forecasts as of December 31, 2025. A surplus of $223,131 is anticipated as at December 31, 2025. This surplus mainly results from changes to the assessment rolls during the year, notably due to new constructions and renovations that were more significant than budgeted, generating additional revenues of $200,000. In addition, a budgeted compensation of $100,000 for a position funded by the City of Montréal was not received, as the associated project was not initiated. On the expenditure side, legal fees exceeded the budget by $164,000. However, several administrative and public works positions remained vacant for part of the year, resulting in savings of approximately $218,000. Finally, the $50,000 in financial reserves that had been budgeted were not used, further contributing to the anticipated surplus. |
Financial forecast as at December 31, 2024
| At the Council meeting of October 22, 2024, the Treasurer tabled a summarized financial forecast as at December 31, 2024. There is a projected surplus of $591,121 as at December 31, 2024. This anticipated surplus is mainly due to the use of the unallocated surplus in the amount of $235,000, which was budgeted in 2024 to limit property tax increases, and to the reimbursement by the city of Montreal of $284,000 for part of the repair work on the Gouin Bridge and maintenance work on Senneville Road. Anticipated transfer duties were $123,000 under budget. Finally, a number of administrative and public works positions were vacant for part of the year, contributing to the anticipated year-end surplus of approximately $150,000. |
Financial forecast as at December 31, 2023
| At the Council meeting of October 24, 2023, the Treasurer tabled a summarized financial forecast as at December 31, 2023. There is a projected surplus of $65,492 as of December 31, 2023. This slight anticipated surplus stems mainly from higher than budgeted interest income, partially offset by a provision for requests to review the new property assessment roll. Real estate transactions declined in value this year compared with 2020-21-22 where the large surpluses of the last three fiscal years stemmed almost entirely from extraordinary transfer duties. |