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/ Municipal life / Administration and finance / Budget and Financial Reports

Budget and Financial Reports

Budget Forecasts

Between November 15 and December 31 of each year, Council must prepare and adopt the budget of the municipality for the next fiscal year that begins on January 1st. It must present a balanced budget that provides for at least revenues equal to or greater than expenses in order to comply with section 474 of the Cities and Towns Act.

The financial information contained in the Municipal Estimates Report must comply with the Ministère des Affaires municipales et de l'Habitation (MAMH) standards.

However, in 2017, the government removed the “Budget Forecasts” form to include it in the financial report. For example, you will find only the annual presentation that was made at the special meeting that includes the budget presentation and the three-year capital program and, following the tabling of the financial report, an excerpt from the portion of the estimates.

For more information

Telephone: (450) 243-6111 ext. 232

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Financial Statements

From the end of the financial year, shortly after December 31st of every year, the treasurer draws up the financial statements for the exercise which has just ended and attests that it is accurate, as provided for by section 105 of the Cities and Towns Act (CTA).

During a Council meeting, the treasurer has to deposit two reports:

  • The financial report
  • The external auditor’s report transmitted under section 108.3 CTA

The financial report is only available in french as it must be drawn up on the specific forms provided by the Ministère des Affaires municipales et de l'Habitation and it includes :

  • The financial statements
  • A statement fixing the effective aggregate taxation rate of the municipality, in accordance with Division III of Chapter XVIII.1 of the Act respecting municipal taxation (chapter F-2.1), and
  • Any other information required by the Minister

For more information

Telephone: (450) 243-6111 ext. 232

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Compensation of the Council

In accordance with article 11 of the Loi sur le traitement des élus municipaux (LTEM), the Treasurer must disclose the remuneration and expense allowances paid to elected officials for all their duties performed on the municipal council, within a body mandated by the council or a supramunicipal body.

Compensation of the council 2025

Town of Brome Lake
MRC Brome-Missisquoi

FunctionElected officials
Remuneration
Allocations
Remuneration
Allocation
Total
MayorRichard Burcombe

$28,154

$14,077

$12,042
$3,402
$57,675 
Lee Patterson
$5,631
$2,815
$1,320
$660 
$10,426 







District #1 Fulford/BondvilleLucy Gagnon
$10,285 

$4,692 



$14,977 
Claude Rajotte 
$1,877 
$938 


$2,815 
District #2 West-Brome/Iron HillShelley Judge
$9,385 

$4,692 



$14,077 
Steven Beerwort
$1,877 
$938 


$2,815
District #3 East-HillPierre Laplante
$11,862

$5,631



$17,493 
District #4 Knowlton/VictoriaLee Patterson
$10,785 

$4,692



$15,477
Lisa Payne
$1,877 
$938 


$2,815 
District #5 Knowlton/LakesideLouise Morin
$10,585

$4,692 



$15,277 
Patrick Ouvrard
$2,094
$939


$3,032
District #6 FosterPatrick Ouvard
$10,468

$4,693



$15,161
Robert Laflamme
$1,877
$938


$2,815 







Total remuneration of elected officials

$106,757

$50,674

$13,362
$4,062
$174,855

*This document is not final

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