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Elected officials with the Town of Rosemere are flaunting a surplus the municipality was able to set aside in the last fiscal year as proof that the administration of Mayor Hélène Daneault is managing local property owners' taxes responsibly, while using sound management practices. Tabled just before the monthly town council meeting last Monday, Rosemere's consolidated 2007 financial report revealed the town finished last year with a surplus of $1,884,506.
Results consolidated
The consolidation is a result of technical changes brought in by the provincial government this past January, which force cities and towns across Quebec to include expenses incurred by certain intermunicipal organizations associated with Rosemere, such as the regional transport council, the regional police force and the regional water board, in Rosemere's overall accounting of its expenses.
Savings from salaries
All the same, before consolidation, the surplus would have amounted to $1,780,125. The town saved just over $1 million from variations in salaries, as well as reductions achieved in urban transit and public security. More than $775,000 of the surplus came from property taxes, interest charged, services rendered, and other unspecified revenues. Mayor Hélène Daneault said the surplus will be used to pay for capitalized projects, and to help pay off Rosemere's long-term debts.
Expenses below average
Daneault also emphasized that higher expenses Rosemere incurred in 2007, compared to the previous year, remained one percentage point below the consumer price index for the same period. "This has been quite a success, in so much that last year we promised the continued improvement of services," said Councillor Louise Desjardins, a member of the town's finance committee. "These excellent results demonstrate the correctness of our vision and the efficiency of our interventions to ensure responsible management," Daneault added.
'Reflects well,' says mayor
"We are consolidating the financial future of Rosemere, just as Rosemere taxpayers had wanted it. It is a record that reflects well on our administration, but that also on the rest of our team of managers who were there to advise us and support us in the pursuit of our objectives. The population of Rosemere has something to be happy about with this financial picture which is so positive."
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