Financial Statements and Past Budgets

The consolidated financial statements reflect the assets, liabilities, revenues and expenses of the Municipality of Central Elgin.

The Municipal Act, 2001 requires that every municipality in Ontario prepare annual audited financial statements. For more details about requirements and understanding financial statements, please visit the Ministry of Municipal Affairs and Housing.

2023 Financial Statement 

View the 2023 Financial Statement. The report includes the following sections:

Introduction

• Management's Responsibility for Financial Reporting
• Independent Auditors' Report
• Financial Position Statement

Financial Reports

• Operations and Accumulated Surplus
• Change in Net Financial Debt
• Statement of Cash Flows
• Note to Financial Statements
• Schedule of Segment Disclosure

Past Financial Reports

Past Budgets 

Each year the Municipality undertakes an annual budget process to develop a budget that supports municipal operations and offer the programs and services needed to sustain the quality of life in the community.

View the 2025 Budget here. 

Find past budget documents below.