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Finance Department Overview

The finance department provides a wide variety of administrative and financial services to all departments of the Town and to the public. The department is responsible for coordination of the annual operating and capital budgets, accounting, payroll, water and sewer billing, asset management planning, job costing, mandated financial reporting and the issuance of Residential and Non-Residential tax bills.

For Your Convenience

We are pleased to offer the following payment alternatives:
 -Pre-Authorized Payment Plans
-Visa, Master Card and Debit
-Online Payments Through your Banking Institution

We are Open for Business

The finance department is open for business Monday to Friday 8:30am - 4:30pm. We can be reached at (613) 332-3331.

Budget Information

The annual budget for the Town is conducted through a public process whereby staff presents a proposed capital and operating budget for Council to review and discuss.
Once the proposed capital and operating budgets are approved by Council, staff prepares a detailed corporate budget package that is circulated to the Mayor and members of Council as well as senior staff.

 

 

2017 Public Budget Presentation

2017 Detail of Public Budget

Presentation from May 13

Revenue Assessment Model 2017

2017 Tax Rate for General Levy & Bancroft BIA

Tax Information

Once the annual budgets (Town of Bancroft, Hastings County and School Boards) are completed, the annual tax rates are then compiled and applied to the property assessments, as set out in the Provincial Regulations which require the County (Upper Tier) to establish any required tax policies; and which determines the property owner's taxes for the current year.
 
Please click on the links below for more detailed information on the Town of Bancroft's tax information.

2014 Tax Rate for General Levy

2014 Tax Rate for Bancroft BIA 

2015 Tax Rate for General Levy & Bancroft BIA

2016 Tax Rate for General Levy & Bancroft BIA

2017 Tax Rate for General Levy & Bancroft BIA

 

2017 Tax Notices

Installment 1: due March 15th 

Installment 2: due May 17th

Installment 3: due Aug 16th

Installment 4: due Oct 18th

 

It is the responsibility of the rate payor to ensure the Municipal Office has your current mailing address.

 

Asset Management Plan

The Asset Mangement Plan for the Town of Bancroft complies with the requirements as outlined in the Ministry of Infrastructure's Building Together Guide for Municipal Asset Management Plans. It will serve as a strategic, tactical, and financial document, ensuring the management of municipal infrastructure follows sound asset management practices and principles, while optimizing avaiable resources and establishing desired levels of service.
Please click on the link below to review the Town of Bancroft's Asset Management Plan.
 

Context of Phase 1: Asset Management Plan

Phase 1: Asset Management Plan

W&WW AMP Report

W&WW AMP Technical Appendix A.pdf

W&WW AMP Technical Appendix C.pdf

2015 Asset Management Plan

 

 

Consolidated Financial Statements

Please click on the links below to review the Town of Bancroft's consolidated financial statements.
 2011 Consolidated Financial Statements
 2012 Consolidated Financial Statements  
 2013 Consolidated Financial Statements
 2014 Consolidated Financial Statements
2015 Consolidated Financial Statements
2016 Consolidated Financial Statements

Municipal Performance Measurement Program

The Municipal Performance Measurement Program (MPMP) was established in 2000 by the Ministry of Municipal Affairs and Housing (MMAH) with the goal of providing an assessment of how municipal services are being delivered. The MPMP promotes local government transparency and accountability as well as greater understanding of municipal service delivery.
2012 Municipal Performance Measurement Program Results

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  1. Fees & Charges Schedule

Town of Bancroft

8 Hastings Heritage Way, P.O. Box 790
Bancroft, ON K0L 1C0

Phone: (613) 332-3331
Fax: (613) 332-0384

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