The Finance Department provides visionary stewardship over the District’s financial resources and supports other Departments in the provision of quality services to the citizens of Mission.
General Inquiries • Phone: 604-820-3717 • Fax: 604-826-1363
The Finance Department is responsible for overall financial administration. It provides visionary stewardship over the District’s financial resources and supports other Departments in the provision of quality services to the citizens of Mission.
The Department is more specifically involved in, and responsible for: short and long-term operational and capital financial planning, internal and external financial reporting, payroll and general accounting, administration of the District’s investment portfolio, maintenance of property records, property tax collection and related tax rate setting recommendations, utility billings and payments, procurement of and payment for goods and services, and the central stores operation.
As most issues and decisions within local government have financial ramifications, the Department is intricately involved, on a daily basis, with assessing the financial impact of various alternate courses of action being considered and in supporting the District’s general decision-making and service delivery processes.
Property taxes are the District’s primary revenue source and are critical to the health and livability of our municipality. Tax dollars help pay for many of our essential services, such as police, fire fighting, public works and recreation services.
Property tax revenue also helps support a vibrant, healthy community by funding recreational programs, parks and trails throughout the District.
Municipal utilities like water, sewer and waste management are user funded.
The Community Charter requires all municipal spending be authorized by bylaw, adopted by Council. The five-year Financial Plan (or budget) bylaw provides a budgetary framework for the District to plan and manage its resources, revenues and expenditures in order to best serve the community.
Municipalities are required under the Community Charter and the Local Government Act to prepare audited financial statements, Annual Reports and Statement of Financial Information reports which are to be presented to Council at a public council meeting.