County Annual Report 2023

What exactly does the County do?  And where do they get their money?  Each year, the County issues an annual report which explains how they are organized, what each department has done in the year, how much was spent and where did the money come from.  The report for 2023 has now been released. Included are detailed financial reports but unless you are an accountant, summaries are easier to understand.  The budget at $213 million is much bigger than Cobourg’s ($42 million); breaking this down: operating cost is $128 million, $9.2 million is for “future strategic and infrastructure needs” and $75.6 million is for “capital and critical infrastructure”.  Taxes bring in $68 million, $60.2 million comes from grants and subsidies… Read complete articleCounty Annual Report 2023