Financial Reports

The annual financial statements provide information to the public and council on the financial position and activities of the City. The statements are reviewed and audited by an accounting firm that is independent of the City's own staff.

More information is provided if you wish to see the audited financial statements for previous years.

Performance Measures/Financial Information Returns

The City is required to measure and report its performance in core service areas annually through the Ministry of Municipal Affairs Financial Information Return each year. This report includes statistical information in a number of areas such as:

  • Building services
  • Fire services
  • Land-use planning
  • Library services
  • Parks and recreation
  • Roads, sewers
  • Storm water services
  • Library services
  • Water services
  • Financial statement information.

Financial Information Returns for the Corporation of the City of Owen Sound

The following links will take you to the financial returns for previous years: 

Budgets & Taxes

You can see our City's current budget on our Budget and Finance webpage or learn more about City property taxes by visiting taxes and utilities.

BMA Municipal Study

A consulting group (BMA Consulting) provides a useful tool for comparing how our city fares against other similar municipalities annually. These reports provide a comparison of key financial indicators to help evaluate each municipality's existing financial condition and can help identify areas of future challenge and opportunities for improvement.

The following links will take you to the BMA Report for previous years: 

Corporate Services Committee

The Corporate Services Committee's role is to obtain public input and provide advice and recommendations to Council on matters that relate to the committee's mandate and responsibilities, and to assist Council in achieving the City's vision, goals and objectives.

The Committee makes recommendations to Council on the policies, programs and services delivered by the Corporate Services Department and the Fire Department, including but not limited to matters related to:

  • Revenue and Taxation
  • Accounting
  • Purchasing
  • Information Technology
  • Human Resources
  • Council Services
  • Legislative Services
  • By-laws and Enforcement
  • Parking
  • Animal Control
  • Fire Protection and Prevention


You can learn more about how your tax dollars are spent by visiting taxes and utilities.

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