/Healthy financial checkup for Minden Hills 

Healthy financial checkup for Minden Hills 

The financial statements for Minden Hills township are in fine order according to auditing firm KPMG.

Auditor Oscar Poloni gave a presentation on his audit of the township’s 2015 financial statements during a May 26 council meeting.

Minden Hills received a clean audit free of irregularities or internal weaknesses on its 2015 financial statements representing a nearly $10 million budget.

A comparative analysis performed by KPMG also shows that Minden Hills is in a competitive position amongst other lower-tier municipalities of comparable size.

Minden Hills for example collects average residential taxes of $949 per household a year compared to $735 for Dysart et al $839 for Algonquin Highlands and $978 for Highlands East.

For the municipalities of North Kawartha and Trent Lakes the figure is $1092 and $1096 respectively.

Minden Hills carries a debt per household rate of $15 versus zero dollars for Highlands East $70 for Algonquin Highlands and $412 for Dysart et al.

Reserves per household would equate to $1211 for Minden Hills $910 for Algonquin Highlands $615 for Highlands East and $508 for Dysart et al.