Council Approves 2019 Audited Consolidated Financial Statements for the City of Kenora

City of Kenora media release

Today, Council approved the 2019 Audited Consolidated Financial Statements. The City received an unqualified audit report and is financially stable.

The 2019 Financial Statements continue to reflect the healthy financial position currently enjoyed by the City of Kenora. The City continues to work to improve the current infrastructure deficit while maintaining an appropriate balance between services and property tax rates.

Highlights from the Consolidated Statement of Financial Position include:

  • Cash and temporary investments on hand as at December 31, 2019 totalled $33.0 million;
  • Investment in Synergy North Corporation totalled $10 million;
  • In 2019 the City invested over $23 million in infrastructure and capital. This is a significant increase over recent years as the City took advantage of federal and provincial funding opportunities.
  • The Kenora Citizens’ Prosperity Trust Fund balance was $28.1 million at the end of 2019 on the Consolidated Statement of Financial Position. The Trust Fund in fact has $40.9 million in investments. The difference arises because the City issued debentures to the Trust Fund to finance capital projects. The Canadian generally accepted accounting principles dictate that the Trust Fund be consolidated in the City of Kenora’s financial statements. As a result the investment in the Trust Fund and the corresponding debenture debt in the City are eliminated on consolidation. The debenture balance at year end is $12.9 million.
  • The balance of the City’s reserves and reserve funds was $27.7 million at the end of 2019.
  • The City’s accumulated surplus totals $242.2 million, (see tangible capital assets discussion below)

The City is required to include tangible capital assets in its accumulated surplus total. Therefore, the City’s Statements include assets like roads, bridges, water and wastewater networks, and City facilities and equipment to name just a few. The offsetting net investment in these assets is shown as a surplus on the City’s Consolidated Statement of Financial Position. The City’s surplus includes the Tangible Capital Assets recorded at cost less accumulated amortization. At the end of 2019, the investment in capital assets included in the City’s surplus is $176.4 million.

The City is also pleased to present the Consolidated Audited Financial Statements as part of its Annual Report. This Report will be available to the public for viewing along with the Auditors Report on August 26, 2020, both on the City’s website, as well as at the front desk at City Hall and the Library. This Report has been developed to provide users with some additional information about the City in conjunction with the Consolidated Audited Financial Statements.

Charlotte Edie CPA CA, Treasurer (807) 467-2013
cedie@kenora.ca

KRC Pool Reopening August 31, 2020

The Kenora Recreation Centre is excited to announce the pool will be reopening on Monday, August 31st.

Check the new pool schedule and book in advance by calling 807-467-2087.

Due to COVID-19, we have limited spaces for all our swims.

Review the pool booking protocols and the new change room policy.

Please be aware that our change rooms are for pool users only at this time.

We look forward to seeing you!

Group Fitness Classes Resume at KRC

Kenora Recreation Centre News

Starting Monday, August 24th we will be introducing our group fitness classes back to the public at the Kenora Recreation Centre. We only have 9 spots available per class and you will need to sign up to attend. To sign up please call 467-2087 at 8 am the day before the class you wish to attend, it is first come, first serve basis.

Please wear a mask until entering the Aerobics room, maintain social distancing, follow the arrows and come dressed in your workout clothes as our change rooms are still closed.

We will still be offering our online Zoom classes for everyone to participate in. Follow the Kenora Recreation Centre Facebook page for links to virtual fitness classes with our certified instructors.

If you have any questions please do not hesitate to contact Casey Pyykka, Community Program Liaison at 807-467-2987 or cpyykka@kenora.ca.

City Looking for Tree Donations

Wanted: Main Street Christmas Tree

The City of Kenora is looking for tree donations for the 2020 Main Street Christmas Tree.  The tree must be triangular in shape, 20 foot maximum width,  30 foot plus in height, and no split tip (only 1 leader or crown).

tree with dimensions

Main Street Christmas Tree Dimensions

Those interested in donating are asked to call the Operations and Infrastructure Department at 807-467-2291.

City Hires a New CAO

City of Kenora Media Release

Mayor and Council are pleased to announce the hiring of Kyle Attanasio as the new Chief Administrative Officer (CAO) for the City of Kenora.
Council conducted a robust recruitment competition following the recent retirement of Karen Brown from the position following a successful career of 28 years of municipal service.

“Kyle brings strong leadership, innovative ideas and municipal management experience to the team. Combined with our strong Senior Leadership group, I am excited about the opportunities to both grow our organization and enhance our community over next two years on our term of Council. Kyle’s energy and leadership style will pave the way for success forming partnerships and collaboration with key stakeholders in the community.” states Mayor Daniel Reynard.

Kyle comes from the County of St. Paul, AB where he is currently the Director of Corporate Services for the County. He holds an Honours Bachelor of Arts Degree in Politics and Governance with Distinction and a Master of Arts Degree in Political Science. He is married to his wife Tamara who will join him in his relocation to Kenora with their two young children age 3 and 5.

“Kenora is an ambitious community and I am looking forward to bringing a fresh perspective to the organization and working with the City’s many talented and dedicated employees. I intend on building strong relationships early in my tenure and gaining a deeper understanding of the challenges and opportunities the community is facing. Despite these uncertain times, Kenora is well-positioned to provide quality and cost effective municipal services and programs and I could not be more excited to be part of Kenora’s future.” states Kyle Attanasio, incoming CAO for the City of Kenora.

Kyle officially starts with the City on October 5th, 2020.

Heather Pihulak, Manager of Administration/City Clerk (807) 467-2295
hpihulak@kenora.ca

NWHU Mandatory Mask Policy Effective August 17, 2020

Mask or face coverings required

Beginning Monday, August 17, 2020 at 12:01 AM, it is mandatory that people in the general public wear a mask or other form of face covering in indoor public spaces, as required by the Medical Officer of Health under the authority of the Reopening Ontario (A Flexible Response to COVID-19) Act, 364/20.

This means you must be wearing a mask or face covering when visiting City buildings and facilities, or to ride the City transit.

For more information about masks and exemptions, please visit Northwestern Health Unit or call their COVID-19 hotline at 1-866-468-2240.

Covering and Securing Loads to the Transfer Station

Public Notice

The Transfer Station is reminding its customers to ensure all garbage and recycle loads are covered and secured to prevent debris from falling, or sifting onto the road.

A large number of nails, screws, nuts, bolts, and sharp metal objects have been collected on a daily basis by City staff and local residents on the roads leading to the Transfer Station.

On your way to the Transfer Station, you can reduce the litter on the road by using a tarp big enough to cover the load and by tightly securing the load using tie down straps, rope, or netting.

Before leaving the Transfer Station, sweep out and remove all loose material left in your truck bed or trailer.

An unsecured load is illegal and very dangerous for everyone. Properly containing the load reduces unwanted litter and may prevent injuries or damage to property.

We appreciate your cooperation to keep the roads safe and clean.

Cover and Secure Loads July 2020