2019 Financials

2019 Financials

NOTE from Hamlet Board regarding 2019 Financial Report.  The 2019 Financial Report is prepared and submitted by the RM of Keys.  The Hamlet Board and the RM of Keys Council are in dispute over two elements of the 2019 Financial Report as follows:
  1. The RM of Keys has unilaterally altered (reduced) the hamlet allocation from the historically agreed upon 2/3 allocation of Crystal Lake municipal property taxes of to the hamlet account to 60%.  This was done with no discussion, consultation or agreement with the Hamlet Board.  You will note the discrepancy between the Budget amount and YTD for the item Revenues – Taxes – General Municipal Levy.
  2. The RM of Keys has unilaterally applied an additional assessment for legal fees incurred by Council for dealing with the appeals against the ILO development.  Again, this was done with no discussion, consultation or agreement with the Hamlet Board.  The discrepancy is located under Expenses – General Government – Community Planning/Legal.
Until these two items are resolved, the Hamlet Board is recommending outright rejection of the 2019 Financial Report.