Finance

Finance

The Finance Department of the Township of Spallumcheen is responsible for Financial Plan preparation, Financial Reporting, General Ledger Maintenance along with Property Taxes, Accounts Payable and Accounts Receivable.

*PLEASE NOTE:  Property Taxes are due by 4:30 pm on JULY 2, 2020, however, due to the COVID-19 Pandemic, the penalty date has been adjusted to October 1, 2020.

Financial Planning

The Finance Department is located in the Spallumcheen Municipal Hall, 4144 Spallumcheen Way, which is open from to , Monday through Friday, except for Statutory Holidays.

The Township is required by Provincial statute to adopt a five year Financial Plan (Budget) Bylaw on or before May 15 of the current year, along with a five year Capital Expenditure Bylaw and a Tax Rates Bylaw.  The requirements of the Financial Plan also include a public consultation process. 

             Financial Bylaws

Financial Reporting

The audited Financial Statements of the Township of Spallumcheen must be accepted by the Municipal Council before June 30th in the subsequent year.  Also required is the report on Council’s remuneration and expenses, and reports on supplier payments and employee earnings.

2018 Annual Report
              *2018 SOFI Report
         
          2017 Annual Report
              *2017 SOFI Report

          2016 Annual Report
           
​          2015 Annual Report

           2014 Annual Report

          2013 Annual Report

          2012 Annual Report            
 
          
2011 Annual Report  

          2010 Annual Report 
            
          
2009 Annual Report

          2008 Annual Report

          2007 Annual Report

 

Property Taxes

The Township of Spallumcheen processes between 2300 and 2500 tax notices annually.  Notices are usually mailed in the third week of May.  Please note that current taxes must be paid by the first working day of July to avoid a 10% penalty. 

For more information regarding Property Taxes please click here.

Tax Prepayment Plan

The Township offers a Tax Prepayment Plan for those property owners who have paid their current taxes and wish to start paying next years taxes. 

How it works:

  • There are no fees and you will earn monthly interest on your payments
  • Monthly payments are withdrawn from your bank account on or after the 15th day of each month
  • The program runs from August to May and MUST be renewed annually
  • An annual property tax notice will be mailed to you in mid to late May and will show you the amount due after your prepayments and interest earned.
  • You are responsible to make the final payment and if eligible, claim the home owner grant by the property tax due date to avoid any penalties

Contact the Treasurer for more information (250-546-3013) or download the form  here.

A void cheque is also required for new applications or if you have a change in banking information.

Accounts Payable
The Township prepares between 1100 and 1200 accounts payable cheques annually totaling in excess of $5,000,000.00. 

Cheques are issued at middle and end of each month.

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2018 CARIP Climate Action/Carbon Neutral Progress Survey

2017 CARIP Climate Action/Carbon Neutral Progress Survey

2016 CARIP Climate Action/Carbon Neutral Progress Survey

2015 CARIP Climate Action/Carbon Neutral Progress Survey

2014 Climate Action Survey

2016 Option 2 Project Report
 
Phytoremediation of Municipal Effluent - Trees Outside Forests (TOF) in BC Project Plan Option 2