Not the full picture. Built from public records, which leave things out.Read by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date. Check the sources, and tell us if you spot a mistake. What this site can't tell you Read by hand. We read Elliot Lake's own documents for this site in October 2026; the Sources page lists which ones. The comparisons with other places still come from the Province's yearly reports.
Questions · 10 so far
Things worth asking about
We read Elliot Lake's financial reports and meeting minutes, and compared its numbers with 10 similar Ontario places. These are the things that stood out.
What these are, and what they are not. A question here means a number or practice is unusual, or harder to see than it should be. It does not mean anyone did anything wrong. Most unusual numbers turn out to have ordinary explanations, and every question lists some. The only way to know is to ask.
Worth asking
Worth asking
There may well be a good reason. It is still worth asking what it is.
2 years2023 and 2024 audit opinions both qualified for the same reason
An auditor's opinion is the outside accountant's verdict on whether the statements can be trusted. A "qualified" opinion means the auditor is saying "mostly yes, except for one thing". For both 2023 and 2024, BDO Canada LLP says the City has not finished checking its capital assets (roads, buildings, pipes) for legal duties to clean up or take them out of service when they end. This is called an asset retirement obligation. A new accounting rule required it from January 1, 2023. The auditor says that without this work it is not possible to say how much it would change expenses, the yearly surplus, assets and the accumulated surplus. The auditor also notes that the City kept using the older landfill accounting rule, which was no longer in effect when the new rule applied.
Found by reading the city's own documents · 2 sources
February 25, 2026date of the auditor's report on the 2024 statements
The auditor's report on the 2024 statements is dated February 25, 2026. That is almost fifteen months after the year ended on December 31, 2024 (worked out by us). The 2023 report was dated October 28, 2024, almost ten months after its year end (worked out by us). On October 5, 2026 the City's budget and finances page lists the 2024 statements as the newest. We did not find 2025 statements there.
Found by reading the city's own documents · 3 sources
$885,862fall in the landfill liability in 2024, to $3,147,296
The City sets money aside on paper for closing the landfill and watching it for 25 years afterward. The liability (what the City owes for that future work, in today's money) was $4,033,158 at the end of 2023 and $3,147,296 at the end of 2024. In the same year the notes say the total future spending, before discounting to today's money, went up from $3,184,776 to $3,374,971, and the years left before the landfill is full went from 27 to 22. The discount rate stayed at 3.27%. The statements do not say why the liability dropped. The auditor's report also says the City kept following the older landfill rule, which is part of the qualification (see the first question).
Found by reading the city's own documents · 4 sources
$15,116,722surplus in 2024, against a budgeted $8,715,239
A surplus is what is left when a year's revenue is more than its spending. The 2024 budget planned a surplus of $8,715,239 in the statements' accounting. The audited result was $15,116,722. Part of the gap is explained by the City: the budget is built on a different basis from the statements (it counts the full cost of capital projects and money moved from reserves). Revenue was also above budget in a few places: Ontario grants were $11,426,596 against $9,603,604, and a line called "Other" was $2,700,069 against $664,056. The segment schedule puts $2,689,854 of that "Other" in recreation and cultural services. The statements do not say what it is.
Found by reading the city's own documents · 3 sources
$12,240,953capital reserve at December 31, 2024, down from $20,470,280
A reserve is money the council sets aside for a purpose. The "capital expenses" reserve (for building and replacing things) went from $20,470,280 at the end of 2023 to $12,240,953 at the end of 2024, a fall of $8,229,327 (worked out by us). Cash and cash equivalents fell from $23,804,882 to $13,070,086. The City bought $24,417,971 of capital assets in 2024 against a budget of $19,242,577, and reports a further $2,737,260 of contracts still to be paid. Net financial assets (what the City has in the bank and investments after its debts, a rough cushion) fell from $23,189,025 to $18,006,083 against a budget of $14,798,287. The 2026 operating budget moves $4,674,022 into capital, up from $2,878,615.
Found by reading the city's own documents · 5 sources
0.00%change in the City's portion of the levy for 2026, at $10,025,114
The levy is the amount raised from property taxes. The 2026 operating budget shows the City's portion of the levy at $10,025,114, the same as 2025 (0.00%). Meanwhile the boards and agencies the City pays (the OPP, the Algoma health unit, the district services board for ambulance, housing and social assistance, and the library) rise from $6,395,990 to $6,897,904 (3.06%). The OPP contract alone goes from $2,877,835 to $3,194,397. Two things make room: the provincial Ontario Municipal Partnership Fund grant rises from $8,685,600 to $9,489,300, and the City's own operating cost, as the budget summary prints it, falls from $6,326,105 to $4,109,650 (-13.50%). In the same table the amount moved to capital rises from $2,878,615 to $4,674,022, and debt payments from $820,394 to $1,241,442. The City's own operating cost falls by $2,216,455 and capital and debt rise by $2,216,455 together (both worked out by us).
Found by reading the city's own documents · 3 sources
$1,241,442Rogers Arena debt payment in the 2026 budget, up from $613,559
The 2026 operating budget has a "DEBT PAYMENT" line for the Rogers Arena of $1,241,442, up from $613,559 in 2025. At December 31, 2024 the City's whole long-term debt was $1,111,105, with $175,355 of principal due in 2025 and $98,500 a year after that. So these payments look larger than the debt in the 2024 statements would explain. The capital budget sheet we read lists a "Rogers Aerna Interior/Exterior Retrofit" at 11,600,000.00. That sheet is headed "Year 2025 Budget", and we could not tell from the text which funding column the project is in. We did not find, in the documents we read, the size, term or rate of the borrowing, or the City's council report approving it.
Found by reading the city's own documents · 3 sources
In 2024, Elliot Lake collected $1.8M more in its own property tax than in 2023. That is a 12% jump, while prices went up about 2.4%. None of the 10 similar places raised theirs by more. Almost all of it came from a higher tax rate (up 9% for homes); the value of homes on the tax roll grew only 0.8%.
Found automatically from the city's financial reports · 4 sources
$500,000insurance claims in the 2026 budget, matched by $500,000 of insurance recoveries
In the 2026 operating budget, General Government has "INSURANCE CLAIMS" of $500,000 (against $78,962 in the 2025 budget) and "INSURANCE RECOVERIES" of $(500,000) (against $(75,000)). They cancel out. The same section has "LEGAL" of $250,000 in both years and "INSURANCE PREMIUMS" of $946,353 (against $897,017). The 2024 statements say the City has been named in litigation matters whose outcome cannot be determined and for which no amount is set aside. The budget pages do not say what the claims are.
Found by reading the city's own documents · 2 sources
2 years2023 and 2024 audit opinions both qualified for the same reason
An auditor's opinion is the outside accountant's verdict on whether the statements can be trusted. A "qualified" opinion means the auditor is saying "mostly yes, except for one thing". For both 2023 and 2024, BDO Canada LLP says the City has not finished checking its capital assets (roads, buildings, pipes) for legal duties to clean up or take them out of service when they end. This is called an asset retirement obligation. A new accounting rule required it from January 1, 2023. The auditor says that without this work it is not possible to say how much it would change expenses, the yearly surplus, assets and the accumulated surplus. The auditor also notes that the City kept using the older landfill accounting rule, which was no longer in effect when the new rule applied.
Why it matters
The statements are what the budget, borrowing and the yearly surplus are measured against. A qualified opinion does not say anything is missing or lost. It says one piece of the picture has not been counted, so residents and lenders cannot tell how big it is. Two years in a row suggests the work has not yet been finished.
It could be because…
The rule is new and many small municipalities with few staff have found it hard to apply. A qualified opinion for this reason is not unusual.
The City may be waiting on an engineering or asset inventory study that takes more than one year to finish.
The amount may turn out to be small. The auditor says only that it could not be measured, not that it is large.
Questions you could ask
When will management finish the assessment of capital assets for asset retirement obligations, and will the 2025 statements be free of this qualification?
Does the City have an estimate of the amount, even a range, that it can share with residents now?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Auditor's report on the 2024 statements, "Basis for Qualified Opinion": "Management has not completed its assessment of the tangible capital assets for potential asset retirement obligations. As a result, it is not possible to quantify the impact of this departure from Canadian public sector accounting standards on expenses and annual surplus for the years ended December 31, 2024 and 2023". It adds: "Our audit opinion on the financial statements for the year ended December 31, 2023 was modified accordingly because of the above."
Auditor's report on the 2023 statements: the same heading, "Basis for Qualified Opinion", signed by BDO Canada LLP, Sault Ste. Marie, Ontario, dated October 28, 2024.
February 25, 2026date of the auditor's report on the 2024 statements
The auditor's report on the 2024 statements is dated February 25, 2026. That is almost fifteen months after the year ended on December 31, 2024 (worked out by us). The 2023 report was dated October 28, 2024, almost ten months after its year end (worked out by us). On October 5, 2026 the City's budget and finances page lists the 2024 statements as the newest. We did not find 2025 statements there.
Why it matters
The audited statements are the only full, outside-checked account of what the City earned, spent, owns and owes. Voters choose a council on October 26, 2026. Statements that arrive more than a year late mean the last full audited year they can look at is 2024, which ended almost two years before the vote.
It could be because…
The delay may come from the open asset retirement work the auditor describes, which can hold up a sign-off.
The 2025 audit may be finished and simply not posted yet. We could only say what the page showed on the day we read it.
The City may have moved its audit timetable for staffing or auditor-availability reasons.
Questions you could ask
When will the audited 2025 statements be signed and posted?
Will they be posted before the October 26, 2026 election?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
The 2024 auditor's report is signed "Sault Ste. Marie, Ontario" and dated "February 25, 2026".
The City's budget and finances page lists "2024 Consolidated Audited Financial Statements" first among the audited statements, followed by 2023, 2022 and earlier years. We did not find a 2025 entry on October 5, 2026.
$885,862fall in the landfill liability in 2024, to $3,147,296
The City sets money aside on paper for closing the landfill and watching it for 25 years afterward. The liability (what the City owes for that future work, in today's money) was $4,033,158 at the end of 2023 and $3,147,296 at the end of 2024. In the same year the notes say the total future spending, before discounting to today's money, went up from $3,184,776 to $3,374,971, and the years left before the landfill is full went from 27 to 22. The discount rate stayed at 3.27%. The statements do not say why the liability dropped. The auditor's report also says the City kept following the older landfill rule, which is part of the qualification (see the first question).
Why it matters
A liability that falls while the cost estimate rises and the landfill gets closer to full is the opposite of what a reader would expect. A landfill's closing bill is a real cost that residents' future tax and water bills may have to pay. The City holds a landfill reserve of $2,325,834, which is less than the liability.
It could be because…
The City may have updated the timing of closing costs, so a larger share now falls further in the future and is discounted more.
The liability is built from a formula based on how much of the landfill is used (the ratio of use to total capacity), so a change in the capacity estimate can move it a lot in either direction.
A change in the expected life from 27 to 22 years may reflect a new engineering estimate, a new cell, or a corrected figure.
Questions you could ask
What changed in the landfill estimate in 2024: the cost, the timing, the capacity, or the method?
Why did the expected life drop from 27 to 22 years in one year, when the remaining space fell by about 17,000 cubic metres (worked out by us)?
Is the landfill reserve of $2,325,834 expected to be enough, and if not, how will the rest be paid?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Note 9: "The reported liability as at year end was $3,147,296 (2023 - $4,033,158) and reflects a discount rate of 3.27% (2023 - 3.27%)." "The landfill is expected to reach its capacity in 22 years and the estimated remaining capacity is 418,443 cubic metres (2023 - 435,532)." "The total undiscounted estimated future expenditures for closure and post-closure care are $3,374,971 (2023 - $3,184,776)."
Note 11, reserves: "Landfill closure and post closure" 2,325,834 (2023 - 2,218,641). Under unfunded liabilities, "Landfill closure and post closure costs" (3,147,296) (2023 - (4,033,158)).
2023 statements, Note 10: "The reported liability as at year end was $4,033,158 (2022 - $3,984,232) and reflects a discount rate of 3.27% (2022 - 3.43%)." "The landfill is expected to reach its capacity in 27 years and the estimated remaining capacity is 435,532 cubic metres (2022 - 452,695)." Undiscounted future expenditures "$3,184,776 (2022 - $3,004,506)".
$15,116,722surplus in 2024, against a budgeted $8,715,239
A surplus is what is left when a year's revenue is more than its spending. The 2024 budget planned a surplus of $8,715,239 in the statements' accounting. The audited result was $15,116,722. Part of the gap is explained by the City: the budget is built on a different basis from the statements (it counts the full cost of capital projects and money moved from reserves). Revenue was also above budget in a few places: Ontario grants were $11,426,596 against $9,603,604, and a line called "Other" was $2,700,069 against $664,056. The segment schedule puts $2,689,854 of that "Other" in recreation and cultural services. The statements do not say what it is.
Why it matters
A budget is the promise to taxpayers about what the year will cost. When the result is far above the promise, residents may ask whether the tax rate was higher than it needed to be. Here the City has explained the accounting reason, so the open question is smaller: what the $2.7 million of "Other" revenue is, and whether it will happen again.
It could be because…
"Other" revenue in a recreation and cultural segment may be one-time money such as donations, fundraising, insurance proceeds or contributed assets, which would not repeat.
The City explains in Note 16 that its budget uses modified accrual and expects reserves to cover part of capital spending, so budget and statement surpluses are not like for like.
The statements record a gain of $863,620 on disposal of capital assets, which may be counted in one of the revenue lines.
Questions you could ask
What is the $2,689,854 of "Other" revenue in recreation and cultural services, and is any of it expected again in 2025 or 2026?
How much of the $15,116,722 surplus was cash that could have lowered taxes, and how much was non-cash or already committed to capital projects?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Statement of operations, 2024: "Annual surplus" budget 8,715,239, actual 15,116,722 (2023 actual 6,554,779). "Government grants - Provincial" budget 9,603,604, actual 11,426,596. "Other" budget 664,056, actual 2,700,069 (2023 actual 1,207,028).
Note 16, Budget: the budget "was prepared on a modified accrual basis while Public Sector Accounting Standards require a full accrual basis". Reconciliation to the budget surplus of $8,715,239: capital expenditures 19,242,577, principal payments on long-term debt 200,217, less amortization (2,136,600) and net inter-fund transfers from reserves (8,590,955).
$12,240,953capital reserve at December 31, 2024, down from $20,470,280
A reserve is money the council sets aside for a purpose. The "capital expenses" reserve (for building and replacing things) went from $20,470,280 at the end of 2023 to $12,240,953 at the end of 2024, a fall of $8,229,327 (worked out by us). Cash and cash equivalents fell from $23,804,882 to $13,070,086. The City bought $24,417,971 of capital assets in 2024 against a budget of $19,242,577, and reports a further $2,737,260 of contracts still to be paid. Net financial assets (what the City has in the bank and investments after its debts, a rough cushion) fell from $23,189,025 to $18,006,083 against a budget of $14,798,287. The 2026 operating budget moves $4,674,022 into capital, up from $2,878,615.
Why it matters
Spending savings on roads, water and buildings is what reserves are for. The question is whether the City has kept enough to cover what comes next, especially with the 2026 budget holding the City's share of the tax levy flat, and whether the 2025 and 2026 projects were funded from reserves or from borrowing.
It could be because…
This is exactly what a capital reserve is for. Capital spending in 2024 was far higher than in 2023 ($6,832,375), which was a quiet year.
Net financial assets ended 2024 above the budgeted figure, so the City was in better shape than it planned.
The working capital reserve rose to $6,024,474 from $4,723,329, so some money moved between reserves.
Questions you could ask
What is the capital reserve balance at December 31, 2025, and what is planned to be paid from it in 2026 and 2027?
Which of the large projects of the next few years will be paid from reserves, grants or new borrowing?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
Statement of cash flows: "Cash and cash equivalents, end of year" $ 13,070,086 (2023 $ 23,804,882). "Acquisition of tangible capital assets" (24,417,971). Net change in cash (10,734,796).
Statement of change in net financial assets: "Acquisition of tangible capital assets" budget (19,242,577), actual (24,417,971), 2023 (6,832,375). "Net financial assets, end of year" budget $ 14,798,287, actual $ 18,006,083, 2023 $ 23,189,025.
Note 17, Commitments: remaining commitments of $2,737,260 plus applicable taxes for the reconstruction of Hillside Drive, Highway 108 sewer & water improvements, and one project related to the arena roofing.
0.00%change in the City's portion of the levy for 2026, at $10,025,114
The levy is the amount raised from property taxes. The 2026 operating budget shows the City's portion of the levy at $10,025,114, the same as 2025 (0.00%). Meanwhile the boards and agencies the City pays (the OPP, the Algoma health unit, the district services board for ambulance, housing and social assistance, and the library) rise from $6,395,990 to $6,897,904 (3.06%). The OPP contract alone goes from $2,877,835 to $3,194,397. Two things make room: the provincial Ontario Municipal Partnership Fund grant rises from $8,685,600 to $9,489,300, and the City's own operating cost, as the budget summary prints it, falls from $6,326,105 to $4,109,650 (-13.50%). In the same table the amount moved to capital rises from $2,878,615 to $4,674,022, and debt payments from $820,394 to $1,241,442. The City's own operating cost falls by $2,216,455 and capital and debt rise by $2,216,455 together (both worked out by us).
Why it matters
A flat levy holds the City's share of taxes steady. But the budget does not say in the pages we read which services or positions were reduced to cut the City's operating cost by about $2.2 million (worked out by us), or whether the lower figure is permanent. It also puts more of the levy into capital and debt, which commits future councils.
It could be because…
Some of the lines that fell are one-time in 2025 (for example a $225,000 temporary wage line in Human Resources budgeted at nothing for 2026). That would explain part of the drop.
The $803,700 increase in provincial grant money is a large part of the room, so the City may not have had to cut services.
Moving money from operating to capital can simply be a choice about how to label the same levy.
Questions you could ask
Which operating lines account for the fall in the City's operating cost from $6,326,105 to $4,109,650, and are those savings permanent?
Does the 2026 budget rely on any one-time money (reserves, insurance recoveries or grants) to hold the levy flat, and what happens to the 2027 levy if it does?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Levy summary: "Total Operations" 16,923,018 (2025 budget 16,421,104), 3.06%. "Subtotal Outside Boards and Agencies" 6,897,904 (6,395,990). "Subtotal City Operational Levy Cost" 4,109,650 (6,326,105), -13.50%. "Subtotal Debt" 1,241,442 (820,394). "Subtotal Transfers to Capital" 4,674,022 (2,878,615). "Total City Portion on Levy Change" 10,025,114 (10,025,114), 0.00%.
$1,241,442Rogers Arena debt payment in the 2026 budget, up from $613,559
The 2026 operating budget has a "DEBT PAYMENT" line for the Rogers Arena of $1,241,442, up from $613,559 in 2025. At December 31, 2024 the City's whole long-term debt was $1,111,105, with $175,355 of principal due in 2025 and $98,500 a year after that. So these payments look larger than the debt in the 2024 statements would explain. The capital budget sheet we read lists a "Rogers Aerna Interior/Exterior Retrofit" at 11,600,000.00. That sheet is headed "Year 2025 Budget", and we could not tell from the text which funding column the project is in. We did not find, in the documents we read, the size, term or rate of the borrowing, or the City's council report approving it.
Why it matters
A yearly payment of $1,241,442 is about 12% of the City's whole levy share of $10,025,114 (worked out by us). Debt is the part of the budget that binds future councils. Residents should be able to see how much was borrowed, for how long, and how the payment is covered.
It could be because…
The debt may be a loan from a provincial lender or a debenture approved by council in 2025 for the arena retrofit, which the 2024 statements could not yet show.
The payment may be partly paid for by grants or reserves, so not all of it falls on the levy.
The 2026 payment may include the first full year of payments after a half year in 2025.
Questions you could ask
How much was borrowed for the arena retrofit, from whom, for how many years and at what rate?
How is the yearly payment of $1,241,442 paid for, and what share falls on the levy?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Rogers Arena, "DEBT PAYMENT": 2026 1,241,442, 2025 budget 613,559, variance 627,883. Total for the Rogers Arena section 1,410,474 (767,136).
Capital project list: "Rogers Aerna Interior/Exterior Retrofit" 11,600,000.00. The sheet is headed "Year 2025 Budget" and its total is 28,811,118.00. The funding columns are Grants, Debt and Reserves.
In 2024, Elliot Lake collected $1.8M more in its own property tax than in 2023. That is a 12% jump, while prices went up about 2.4%. None of the 10 similar places raised theirs by more. Almost all of it came from a higher tax rate (up 9% for homes); the value of homes on the tax roll grew only 0.8%.
Why did Elliot Lake's property tax go up 12% in 2024?
$0$5.0M$10M$15M$20M
$15.9M
201920202021202220232024
Show as a table
Year
City property tax
2019
$12.1M
2020
$12.6M
2021
$12.7M
2022
$13.5M
2023
$14.1M
2024
$15.9M
Why it matters
A big one-year jump usually means something changed: a new cost, a service that grew, savings being rebuilt, or a problem from earlier years being paid for now. Residents should be able to see exactly which. Spread across every home, it is about $305 more each year.
It could be because…
Costs the city cannot control went up, such as policing, insurance or county charges.
The city kept taxes too low in earlier years and is catching up.
The city is rebuilding savings or paying for a big project like a bridge or equipment.
Questions you could ask
What were the three biggest reasons for the 2024 increase, in dollars?
Is a similar increase planned for next year?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
City property tax: $14,100,352 in 2023, $15,855,699 in 2024.
Elliot Lake spent about $107 per home on council in 2024. The typical similar city spent $50. Only 1 of 10 similar places spent more.
Why it matters
Spending more than neighbours is not wrong by itself. It might buy better service. But it is the first place to look for costs that could be lower, such as contracts that were not competitively bid.
It could be because…
Geography: more roads, more snow, a bigger area or a landfill of its own.
Accounting: some places record the same cost in a different category.
A one-time cost in this year.
Questions you could ask
What makes this cost higher here than in similar places?
When were the main contracts in this area last put out to competitive tender?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
The evidence
Council per home: Elliot Lake $107; typical similar city $50; ranked 2nd highest of 11.
$500,000insurance claims in the 2026 budget, matched by $500,000 of insurance recoveries
In the 2026 operating budget, General Government has "INSURANCE CLAIMS" of $500,000 (against $78,962 in the 2025 budget) and "INSURANCE RECOVERIES" of $(500,000) (against $(75,000)). They cancel out. The same section has "LEGAL" of $250,000 in both years and "INSURANCE PREMIUMS" of $946,353 (against $897,017). The 2024 statements say the City has been named in litigation matters whose outcome cannot be determined and for which no amount is set aside. The budget pages do not say what the claims are.
Why it matters
Budgeting a large claim and an equal recovery means the claim will be paid by an insurer, so it should not touch the levy. But a line this size, six times the previous budget, is easy to miss, and residents cannot tell from the budget whether it is a routine placeholder or a known case.
It could be because…
It may be a placeholder: the City may budget a round figure for claims it expects to pay out and recover, to avoid a surprise.
The City's insurer may pay claims directly, with the City paying only a deductible, so the budget shows both sides for completeness.
The legal line is the same in both years and may be a standing allowance.
Questions you could ask
What is the $500,000 insurance claims budget for, and who pays it if the insurer does not?
Will council receive a yearly report of legal spending and open claims, with amounts, that residents can read?
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Elliot Lake?Send us your answer and we will publish it with this question.
Note 18, Contingent liabilities: "The City has been named in litigation matters, the outcome of which is not determinable and accordingly, no provision has been made for them in these financial statements."
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