Our dynamic Finance Team provides a full compliment of Financial Services for the Departments in the RDCK, producing externally regulated reporting while meeting the needs of our internal requirements for the vast array of services.

Utilizing a framework built on developed and implemented procedures and controls we ensure compliance, oversight, accountability and solid financial stewardship.

The control functions record and provide transparency as well as ensuring effective business practices and evaluations to improve key business strategy and goals.

Our Services

Financial Analysis and Reporting

Working with our Internal Clients there is a high degree of interaction with all departments, and services, including on demand analysis and details of financial transactions to meet both administrative, budget and operational needs. 

Accounts Payable

Encompassing contracts, grants, staff expenses, corporate credit cards and vendor payments, the Accounts Payable Team applies rigour and control while working diligently to ensure that accurate and timely payments are made. 

Accounts Receivable

Recording and collection of the cash and on-account Resource Recovery services, annual and quarterly Water Utility billing and other incoming invoice supports such as Recreation, Bylaw and other Services as needed. 

Payroll

Providing Payroll Services for our employees and volunteer Fire departments, Payroll is tasked with the highest degree of confidentiality, accuracy and timely payments to the staff of the RDCK. 

Procurement

Responsible for providing operational advice on purchase selection and managing best practices procurement framework and processes, including how to navigate policy and trade agreements. Forecasting, planning, consultation and advice are available to aid in managing the acquisition of goods, or services based on developing policy or external requirements. 

Financial Statements

Annual audited Financial Statements provide a consolidated and independently verified overview of the RDCK’s financial activities over the course of the fiscal year. This provides enhanced transparency and public accountability of the RDCK. 

Financial Plan

Development of the Financial Plan is an annual process is completed for each Service within the RDCK. Each of the departments compiles a budget/plan based on the anticipated revenue and expenses to run the services. 

The five year plan shows the current year budget as well as four projected additional years. Values are then compiled to represent each of the twenty tax areas, including any supplemental defined tax areas. This process sets the taxation rates sent to the Province for rural tax areas, and to the pertinent municipal areas to form a part of the property taxation. 

Statement of Financial Information (SOFI)

This report is a regulatory requirement, with schedules required under the Financial Information Act. Supplemental to the audited Financial statements, Directors Remuneration and expenses, payments to staff of $75,000 or more, payments to Vendors of $25,000 are some of the schedules reflected in the report. 

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