The County's long term sustainability plan continues to enjoy success after the numbers were revealed to County Councillors from the 2014 Audited Financial statements.
OXFORD COUNTY - The 2014 numbers have been gathered and the County was successful, enjoying a surplus of nearly $1 million.
Owner of Scrimgeour and Company, a chartered accounting firm, Christine Scrimgeour, breaks down how the numbers from the Draft Audited Financial Statements for 2014 will benefit citizens. "It fared very well. The county improved their cash position and investment position significantly, and continues to replenish the capital assets that are required to provide the services the county provides."
As Oxford County continues to do well financially Tillsonburg's Mayor, Stephen Molnar has concerns in regards to the money being spent on the current landfill. "We've done well. We have demonstrated fiscal responsibility at the county level. At times the escalation at some of our reserve accounts speak to the fact that we have a long time reserve in our landfill. We need to re-evaluate to ensure that we are doing everything to keep as much money in the pockets of the people of Oxford."
Accountant Christine Scrimgeour commented on the state of the county's financial structure. "The surplus at the end of the year was $524 million. That doesn't mean the county has that in the bank - that refers to the tangible capital assets that the county owns as well as the reserves and reserve funds. The county improved their debts position by a net of about 4.4 million dollars. They're about that much less in debt by the end of 2014."
Multiple Charges Laid after Thefts in Tillsonburg
CASS Offering Unique Program to Students
PJHL Preview - Jan. 30th to Feb. 1st
Woodstock Bowler Heading to Special Olympics
Dog Bite Investigation in Tillsonburg
Interview with the Warden - January 29th, 2026
Trevor Birtch Trial Daily Recap - Case 2
11 People Charged in Massive Drug Bust
Another Cold Warning for Oxford County
Chilly Charlie Returns on Monday
Khanna Shines a Light on Oxford County Superstars
WFD Responds to Structure Fire
WPS Appoints New Deputy Chief
TMMC Woodstock Begins Production of Sixth Gen RAV4
Oxford OPP Briefs - January 28th, 2026
More Weather Alerts for Oxford County
Thrive Oxford Honoured at ROMA
Tip Tuesday with the Oxford OPP - January 2026
Members Needed for Tillsonburg Housing Advisory Committee
UPDATE: Ottawa Approves Plan to Move Marineland's Whales and Dolphins
Comments
Add a comment