Since our inception in the Spring of 2015, the Cobourg Taxpayers Association has fought for transparency by continually asking that Holdco financial statements be made open to the public. We are very pleased that this has now happened. You can find more information here:
The Q1 financial report was added to the Committee of the Whole (COW) agenda for Monday May 29, 2017. Bryan Lambert discovered the report was incorrect and emailed the Deputy Mayor.
From: Bryan Lambert
Sent: Tuesday, May 30, 2017 9:43 AM
To: John Henderson <firstname.lastname@example.org>
Subject: Heads up
A heads up for you.
The CTA wrote to Deputy Mayor Henderson and Council several months ago to ask how our town was doing financially with respect to the budget. We wanted to know if we were on track or whether we were over budget. We were disappointed because we were not given the actual spend numbers.
Since, we are now halfway through the year, it is important that the citizens of Cobourg know the current status of the town’s budget; i.e. are we on track, over or under budget for each department? If we are over, what steps are being taken to make adjustments for the remainder of the year?