Financial Sustainability Plan

In June 2013, Council approved a Financial Sustainability Plan (FSP). Building upon the foundation of the Town's existing strategic financial planning, the FSP focuses on discretionary reserves, capital project funding and long term debt. In June 2015, minor updates were approved to the FSP related policies.

Following are the reports and presentations presented to General Government Committee (GGC):

2020:

2015:

2013:

 

Canada Community-Building Fund (formerly known as Federal Gas Tax)

The Canada Community-Building Fund (formerly known as the Federal Gas Tax fund) is a permanent annual source of infrastructure funding from the federal government for Canada's municipalities based on eligible project categories producing community and environmental benefits. The Town of Ajax identifies the Canada Community-Building Fund (CCBF) funded capital projects in the annual Capital Budget and Long Range Capital Forecast. Through the Association of the Municipalities of Ontario (AMO), municipalities report annual expenditures of these capital projects and provide outcome reports for completed projects. 

Canada Community-Building Fund 2023 Expenditures

Canada Community-Building Fund 2022 Expenditures

Canada Community-Building Fund 2021 Expenditures

Federal Gas Tax 2020 Expenditures

 

Corporate Asset Management Plan

The Town of Ajax's Corporate Asset Management Plan gives an overview of the Town's municipal asset health and its financial preparedness in order to meet the levels of service expectations of the community. The Corporate Asset Management Plan will be updated at least every 5 years and this will align with the goals of Council.

In accordance with O. Reg. 588/17, this plan outlines the current levels of service for the Town's tangible capital infrastructure assets, the condition of all Town assets, and growth forecasts for the Town of Ajax. This plan forecasts the 10 year financial capital and operational needs of the Town of Ajax.

View 2024 Corporate Asset Management Plan

View 2021 Corporate Asset Management Plan

 Asset Management Policy

The Asset Management Policy outlines the governance of responsibly managing Town owned infrastructure, incorporating current levels of service, risk, climate change, economic growth, and financial capacity. It provides a framework to Town staff on how to efficiently manage municipal assets.

 

OLG Slots at Casino Ajax

Revenues from Casino Ajax has allowed the Town to strategically invest in infrastructure and community and neighbourhood initiatives.

For more information visit 

Ajax Slots Revenue Facts 2023  

Financial Statements

Financial statements for the Town of Ajax are compiled and audited annually according to Public Sector Accounting Board standards.