2020 Financial Plan
To download the 2020 Financial Plan Public Notice, click here.
Any person who has questions, needs clarification or requires further information, either prior to or following the hearing, is encouraged to contact Shannon Plischke, Finance Office, at 204-482-3300.
Copies of the 2020 Financial Plan will be available for review after Wendesday, April 22, 2020. With our office being closed to the public please contact our office by phone at 204-482-3300 or email at email@example.com if you wish to receive a copy and we can then either email or mail you one.
Download the 2020 Financial Plan RM of St. Clements
We invited those who wanted to make representation or ask questions to submit them in writing prior to the hearing so that they could be read out and answered. Below you’ll find those questions and answers regarding the 2020 Financial Plan.
- Download the 2020 Financial Plan RM of St. Clements
- Download the 2019 Financial Plan RM of St.Clements
- Download the 2018 Financial Plan – Bylaw 10-2018
- Download the 2017 Financial Plan
The Council of the Rural Municipality of St. Clements intends to give first reading to two (2) proposed borrowing by-laws. For more information on these By-Laws, click here to take you to the web page.
- By-Law 12-2020 ESSW Softener and Truck Fill Borrowing - 1st Reading
- By-Law 12-2020 Schedule A for 1st Reading
- By-Law 13-2020 SSC Utility Borrowing - 1st Reading
- By-Law 13-2020 Schedule A for 1st Reading
- Download the By-law No. 6-2018 Borrowing for Municipal Recreation Facility
- Download the By-law No. 7-2018 Borrowing for Narol Fire Hall
- Download the By-law No. 8-2018 Borrowing for Water Control Works
The three borrowings included in this year’s budget have been approved by the Municipal Board so the projects can proceed. The borrowings are:
- To build a municipal recreation facility in south St. Clements – up to $4,850,000
- Upgrades and expansion of facilities and equipment of the Narol Fire Department – up to $1,573,000
- Construction & Improvement of Water Control Works – up to $3,520,000
How does borrowing work?
It is very similar to getting a loan to build a home.
- We get approval to borrow a certain amount. The amount approved for borrowing is not necessarily the amount we will borrow; it is a maximum amount.
- Before we actually borrow, we complete the project and pay for it either with money on hand, a short term loan or a line of credit. We will also be seeking grants and other cost saving opportunities to help reduce the amount borrowed.
- Once the project is completed, council will look for the best rate and borrow the funds that were spent
- Loan payments are expected to start between 2020 and 2022. At that point, the loan payments will be collected from residents through their annual property tax bill.