Northumberland releases 2021 annual monetary report

Northumberland County has released its 2021 annual financial report.Northumberland County has released its 2021 annual financial report.

Northumberland County has launched its 2021 annual monetary report.

The report particulars the development of strategic priorities and associated monetary highlights and comprises the complete audited monetary statements for the fiscal yr ending Dec. 31, 2021.

“The annual report is a vital instrument for making certain accountability and transparency in how the county is utilizing tax {dollars} and bought funding to ship important companies, infrastructure and programming to residents and companies all through Northumberland,” stated chief administrative officer Jennifer Moore.

“In 2021, the county made vital strides in advancing the important thing priorities outlined in our strategic plan and annual enterprise plans, whereas persevering with to adapt our applications and repair supply to satisfy the wants of our group all through the pandemic.”

Northumberland’s $188.4-million finances in 2021 included $75.3 million towards capital investments for infrastructure, $106.3 million for core service supply, and $6.8 million for reserves towards the longer term financing of “recognized strategic initiatives and infrastructure wants,” the county famous. Capital investments supported by this finances included main tasks such because the redevelopment of the Golden Plow Lodge & Northumberland County Archives and Museum facility and the redevelopment of Elgin Park group housing in Cobourg. Different expenditures included fleet and tools purchases to help the supply of important companies corresponding to emergency companies, highway development and upkeep, and waste administration.

“We’re happy to share this detailed report with our group, which highlights the latest efforts of council and employees to ship revolutionary, fiscally accountable and resident-focused companies that may meet the wants of our group, now and into the longer term,” stated Northumberland County Warden Bob Crate.

“This report is a vital useful resource for residents, detailing priorities and progress in the course of the earlier fiscal yr, and searching ahead to initiatives underway in 2022.”

The 2021 Annual Report is obtainable on the County web sites.