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Stornoway

Municipality · Le Granit · Estrie

Financial dashboard

Actual data — fiscal year 2024 (compared to 2023) · Official government source Financial report (MAMH)

Why do these amounts differ from the city's budget? They come from the actual results in the financial report, on a consolidated basis. They may therefore include investment revenue (project grants, developer contributions), organizations controlled by the city and, for expenses, amortization. The budget is a forecast limited to operating activities. The surplus shown here may also differ from the one announced by the city, which is calculated for tax purposes.
$1,386,338
total revenue
$2,544/pop.
$1,347,724
total expenses
$2,473/pop.
$38,614
surplus / deficit for the year
$3,686,584
accumulated surplus

Trend over 3 years

Indicator202220232024Change
Total revenue $2,152,419$1,527,594$1,386,338 ▼ 9.2 %
Total expenses $1,210,631$1,360,774$1,347,724 ▼ 1.0 %
Surplus for the year —$166,820$38,614 ▼ 76.9 %
Accumulated surplus $3,481,150$3,647,970$3,686,584 ▲ 1.1 %

Revenue by year

2022
$2,152,419
2023
$1,527,594
2024
$1,386,338

Expenses by year

2022
$1,210,631
2023
$1,360,774
2024
$1,347,724

Revenue 2024

Taxation
$849,552
Government transfers
$267,482
Services rendered
$16,199
Payments in lieu of taxes
$89,083
Duties (including property transfer duties)
$84,296
Other revenue
$79,726

Total : $1,386,338

Expenses by function 2024

General administration
$318,308
Public safety
$145,102
Transportation
$359,442
Environmental health
$212,815
Planning and development
$117,601
Recreation and culture
$153,211
Financing costs
$41,245
Other expenses
$0

Total : $1,347,724

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