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Ontario municipality

Gore Bay T municipal financial data

MUNID 51026 | Single-tier municipality

Available FIR years: 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015

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Total revenue
$5.9M

All mapped FIR revenue.

Total expenses
$4.6M

All mapped FIR expenses.

Surplus / deficit
$1.3M

Annual operating result.

Population
891

FIR treasurer declaration.

Total assets
$26.7M

Financial plus non-financial assets.

Total liabilities
$6.2M

FIR balance-sheet liabilities.

Long-term debt
$859,254

Net long-term liabilities.

Net financial assets / debt
$1.3M

Financial assets less liabilities.

Revenue per capita
$6,568

Derived when population is available.

Expenses per capita
$5,139

Derived when population is available.

Debt per capita
$964

Long-term debt divided by population.

Reserves per capita
$1,487

Reserve balances divided by population.

Financial trend charts

Mapped FIR line items over time. Series appear when the municipality has confident public mappings for that metric.

Operating totals

Revenue, expenses, and the annual surplus or deficit over available years.

Showing 3 lines

2024 reconciled operating breakdown

Components add back to chart totals

Revenue
$5.9M
Transfers$1.5M
Taxation$1.4M
User charges$1.4M
Remaining revenue(remainder)$617,122
Donations$539,915
Investment income$289,760
Revenue from other municipalities$35,825
Expenses
$4.6M
Recreation and culture$1.5M
Environmental services$1.0M
Transportation services$708,641
General government$656,433
Protection services$277,810
Health services$243,005
Other expenses(remainder)$139,326

Assets and liabilities

Balance-sheet totals and broader net financial position.

Showing 4 lines

2024 reconciled balance sheet breakdown

Components add back to chart totals

Assets
$26.7M
Tangible capital assets$19.0M
Cash and cash equivalents$5.4M
Accounts receivable$1.8M
Investments$284,843
Other assets(remainder)$223,848
Liabilities
$6.2M
Deferred revenue$4.3M
Accounts payable$914,685
Long-term liabilities$859,254
Other liabilities(remainder)$131,599

Salaries and benefits by service

Total salaries and benefits plus the largest mapped service lines. Full latest-year breakdown appears below.

Showing 5 lines

2024 service breakdown

Latest mapped FIR year

General government
$577,097
Transportation
$338,677
Recreation/culture
$313,243
Environmental
$55,629
Protection
$52,557
Health
$35,993
Planning/development
$2,495
Social/family
$1,935

Debt, reserves, and capital assets

Major mapped FIR line items behind the financial position totals.

Population

Population declared in the municipality's FIR statistical information.

Yearly statement rows

Browse the raw FIR schedule rows for the selected year. This is useful when a public summary metric has not been mapped yet.

Open 2024 FIR rows

Source: Ontario Financial Information Return (FIR) open data. Last source update: not available. Lower-tier, upper-tier, and single-tier municipalities can have different service responsibilities; compare similar municipal types where possible.