The Town of Stettler received a ‘clean audit opinion’ from Justin Tanner, Auditor from Gitzel Krejci Dand Peterson who, along with the town’s office administrator Laurie Tait, reviewed financial statements for 2015 with council at the Apr. 19 meeting.
The town ended the year with nearly $9.8 million in total financial assets and $9.7 million is total liabilities. Non-financial assets (tangible capital assets) were $108.7 million. Accumulated surplus included restricted and non-restricted surpluses of approximately $7 million as well as equity in tangible capital assets of $101.7 million.
On the operation side, total revenue ended at nearly $14.8 million and total expenditures of just over $18 million.
Animal control contract renewed
The town has renewed a five-year contract with Alberta Animal Services of Red Deer to provide bylaw enforcement and animal control services.
Beginning May 1, the monthly cost to the town will be $12,042 with a 2.5 per cent cost of living increase Jan. 2017 to $12, 344. By the final year of the contract in 2021, the cost will rise to $13,625 per month.
The fees cover monthly patrols of 140 hours, impound and boarding costs as well as costs of caring for animals while at the kennel.
Along with animal control services, Alberta Animal Services provides pet adoption services, fostering services until animals are ready for adoption, and coordinates with other animal rescue services to facilitate adoptions.