Budget and Reports

2024 budget presentation


The budget was developed carefully and thoughtfully to take the current economic outlook and inflation into consideration. 

New assessment roll for 2024, 2025 and 2026

A new property assessment roll was also tabled and will be taking effect on January 1, 2024. The roll showed a significant gap in terms of growth in value between the residential and commercial sectors, prompting a tax shift between the two categories. The average value of a residential property will increase 59.5% from $472,600 to $753,000. In order to reduce the annual impact of this shift, the Town will spread the variation in assessed values out over three years and has adopted a tax strategy covering the duration of the assessment roll.

Find out more about the assessment role here.


Highlights

·       Operating budget of $38,901,100.

·       Freeze on water and waste management charges.

·       Increase in the general tax for the residential sector on par with the CPI (Statistics Canada, September 2023, Montreal area) (5 %), which works out to an average $159 increase per household.

·       Introduction of a special tax on ARTM public transit, which works out to a 0.25% increase, or an additional $8 per average household.

·       Infrastructure Fund contribution of $0.0224 per $100 of assessment for the residential sector, or 1.5% more ($48 per average household).

·       Introduction of a new ecofiscal measure to help remove old oil tanks: property owners are eligible for a grant of up to $1,000, in addition to financial assistance available through the Quebec government. This program will be funded through a special tax on oil tanks of $125 per tank. 


Investing for Rosemerites

The 2023-2024-2025 three-year capital plan would invest some $18.2 million in 2023 in the community well-being. Of this $18.2 million, $13.2 million would be injected into the consolidation and maintenance of existing infrastructure.


Main focuses in 2023

  • Maintaining quality services to citizens
  • Implementation of the by-laws and the urban plan
  • Access to and use of the Grand Coteau Forest
  • Urban forest master plan
  • Plan to fight and adapt to climate change
  • Community development policy for seniors, families and children
  • Waste management plan
  • Ongoing efforts as part of the emerald ash borer action plan

For the complete 2023 budget presentation, see the Downloads on the left side of this page.

 



2023 BUDGET PRESENTATION

Click here 


2023 FINANCIAL STATEMENTS


CONSOLIDATED FINANCIAL REPORT AND INDEPENDENT AUDITOR'S REPORT

Click here (French only)

BUDGET PRESENTATION

For details on the 2022 budget, download the following presentation by clicking here.


FINANCIAL STATEMENTS

Available on the Download section, at the left side of the page.



BUDGET PRESENTATION

For details on the 2021 budget, download the following presentation: https://www.ville.rosemere.qc.ca/download.php?filename=Presentation_budget_2021_anglais.pdf



FINANCIAL STATEMENTS




consolidated report (only available in french)





Budget presentation

https://www.ville.rosemere.qc.ca/download.php?filename=Presentation_budget_2020_anglais.pdf


FINANCIAL STATEMENTS

At the May 10 public Council meeting, the Town of Rosemère tabled its financial statements for the year ending December 31, 2020, along with the independent auditors' report, in accordance with the Cities and Towns Act. The financial statements show a non-consolidated surplus of $3,445,800, representing 10.7% of the operating budget. This budget surplus is due, in part, to prudent, rigorous management of public finances in addition to non-recurring and variable cost items, including COVID-19.

In accordance with the values of proximity, transparency and dialogue advocated by the Town's Administration, the presentation of the financial statements is available on our website, in the form of a user-friendly video, so that as many residents as possible can view them. More detailed PowerPoint presentations are also being made available.

To view the video, click here: https://vimeo.com/548114572




Consolidated report (only available in French)






See the Archives and Documents page, under the Budget and Reports section.




What’s happening

  • Garage Sales
  • Rosemère in Bloom
  • Strategic plan
  • Safe use of electrical scooters
  • Residential Swimming Pool Safety Regulation