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editionap.ca
Counties have black-ink auditor’s report
ating year. “It’s good news for us,” said Jean-Paul St- Pierre, UCPR warden. “The counties contin- ue to be financially responsible.” Stéphane Parisien, UCPR chief adminis- trator, noted to counties council during its April 23 session that some of the surplus revenue the UCPR received during 2013 was unexpected, making original budget surplus projections seem conservative. The end of 2013 saw the UCPR with an operating surplus of about $2.9 million. Those monies were split up into $2,322,743 allocated to the counties’ working capital
went into the working capital reserve while about $760,000 went to the public works department linear assets reserve and about $530,000 to the Residence tangible capital assets.
reserve and the remaining $607,629 to the Prescott & Russell Residence’s tangible capi- tal assets reserve fund. The previous year saw the UCPR with a surplus of about $4.6 million at the end 2012. The bulk of that
GREGGCHAMBERLAIN gregg.chamberlain@eap.on.ca
L’ORIGNAL |Nothing but good news for counties council in the latest audit report on Prescott-Russell’s financial situation. Gary Hoffman of Deloitte LLP, presented the 2013 financial report on the United Counties of Prescott-Russell (UCPR). The report shows all bills paid, reserve funds healthy, and the counties enjoying a healthy surplus budget situation for the past oper-
0!.ŏ(!2!(/ŏ*+.) ( The South Nation River and its tributaries are back to normal levels for spring. The South Nation Conservation Agency (SNC) has cancelled the Flood Outlet portion of its regular Watershed Conditions report. SNC stream monitors in the watershed indicate normal or just-below normal readings for water flows. If any changes are recorded, SNC staff will note them in follow-upWatershed Condition reports or issue notices to media and post on the SNC website.
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