Mayor’s report on the financial situation of the municipality

In compliance with the Cities and Towns Act, I am pleased to report on the financial position of the Town of Kirkland.  

Financial results as at December 31, 2019

The financial statements have been audited by the accounting firm of Goudreau Poirier Inc., who confirmed that they provide a true picture of the financial situation of the municipality for the fiscal year ended December 31, 2019, and reflect accurate results of the operations, variation of net financial assets (net debt) and cash flow for the year then ended, in accordance with Canadian accounting standards for the public sector.

For the year 2019, revenues from the municipality’s financial activities amounted to $63,447,000 while expenditures and net appropriations totalled $61,856,000. The Town therefore ended the year 2019 with a surplus of $1,591,000 arising mainly from business and transfer taxes and from government subsidies.

Major Capital Works and Special Projects

In 2019, investment projects totalling $8,647,250 were completed, including:

• Reconstruction of the road infrastructure on Hymus Boulevard - phase II, as well as on Argyle, Berne, Château-Kirkland, Rougemont and Marcel-Meloche streets, as part of the annual street repaving program;
• Construction of a universal playground and splash pad at Meades Park;
• Rehabilitation of the lighting system at Holleuffer Park;
• Repaving of park walkways and installation of new play structures at Kirkland Park;
• Purchase of street lamp poles;
• Purchase of two 10-wheel trucks and of two 6-wheel trucks.

The financial report for the year ended December 31, 2019 is available on the Town’s website at www.ville.kirkland.qc.ca.

And I have signed in Kirkland, this 9^th day of June, 2020.

Michel Gibson
Mayor of the Town of Kirkland