Budgets and Finance

Budgets

Each year, Northumberland County goes through a rigorous budgeting and planning process. Visit our Budgets page to learn more about our budgeting process and view our budget documents, business plans, long-term plans, issue papers and department overviews.

Annual reports

Our annual reports provide an overview of our program and services, accomplishments and financial health.

Financial statements

The audited financial statements are prepared annually to show us the financial position of our County. The statements also highlight operational results and any additional notes that are important to our finances.

Asset Management Plan

Asset management ensures that we maintain and properly look after our assets. This plan allows us to budget for any repairs or replacement of assets without incurring any surprise expenses well into the future.

View our Asset Management Plan.

Financial framework

We strive to create conditions for inclusive and sustainable community growth. Our finance team annually updates a financial model that looks over a 10-year span at the management of the County's finances.

This model looks at the current budget year and provides a 9-year future financial plan for the County, allowing us to plan for large projects and develop a clear plan.

Watch our short animation to learn about our Long-Term Financial Planning Framework!

Our finance team

The Finance department is responsible for more than just budgets. The department oversees the monetary operation and allocation of an annual budget in excess of 100 million dollars and manages all financial activities for the County.

Some key activities we are responsible for are:

  • Accounts payable
  • Accounts receivable
  • Collections
  • Debt and investing
  • Financial planning and budgeting
  • Financial reporting (statements)
  • Fixed assets
  • Asset management
  • Purchasing (including bids and tenders)
  • Risk management