Budget

The municipal council must prepare the budget for the next fiscal year between November 15 and December 31st except for the electoral years where the deadline is January 31st following polling day.

The elected representatives must specify the main orientations, define the priorities and make choices that respond to the needs expressed by the citizens. The budget must provide for revenues at least equal to the expenses: the municipality can foresee surpluses, but it can not present a deficit budget.

During the year, the budget becomes a reference tool in monitoring income and expenditure.

The adoption of the budget does not constitute an authorization to spend sums of money provided for the various budget items. Each of the expenses must be authorized by a motion or by a by-law of the council.

The three-year capital plan

The three-year capital plan is a tool that provides the Council’s main directions on capital expenditures over the next three years.

The main objectives of this program are to: provide an investment planning tool in the light of its development priorities and the financial resources at its disposal, enable it to assess the financial impact of projects on future annual budgets, to enable it to develop its timetable for the implementation of loan by-laws while helping it to understand its financing needs.

Taxation

Property taxation is usually done in January following the adoption of the tax by-law by the municipal council.

The by-law specifies the rates of tax to be applied to each building. The tax rates can be applied either by a percentage (%) that will be based on the value of the property or imposed by a fixed amount for the services used.

Payment of taxes

You can do your tax payments in different ways: either in person from Monday to Friday from 8:00 to 12:00 or from 12:30 to 16:00 payable in cash, check, check postdated or by debit.

Online payments are also accepted if you are a client of the following financial institutions: Caisse Desjardins, National Bank, Bank of Montreal, Laurentian Bank and Scotiabank. The account number represents your roll number that does not include the F and the six 0s at the end. The number associated with our municipality is 45025 (Stanstead Canton).

Land transfer tax

Also known as welcome taxes. Mr. Jean Bienvenue (Minister in the year 1975) sponsored the law creating tax to allow municipalities to tax new owners for properties transactions that are done on their territory. It applies to the purchaser of land or a residence. The tax is based on the bigger amount of the sale, the value of the property or the on standardized property value.

Source: Ministère des Affaires municipales et de l’Occupation du territoire