Financial Reports

Espanola has a commitment to providing our citizens with transparency, including providing the following financial reports for your review:

Asset management involves continuous monitoring of assets’ condition, costs, risks, age, performance and estimated useful lives to systematically identify and prioritize the Town’s investment needs. This ensures that, with its limited financial resources, the Town effectively sustains its service delivery to residents and businesses, while adapting to climate change. For that reason the Town’s overall asset management approach is shifting to a more strategic one aimed at preserving infrastructure assets’ condition and extending their useful lives in the most economical way.

The Town of Espanola is mandated to develop and implement a Corporate Asset Management (CAM) Program for all its infrastructure and assets to be in compliance with the O. Reg. 588/17: Asset Management Planning for Municipal Infrastructure.

The Town of Espanola has adopted its Strategic Asset Management Policy that outlines the guiding principles and commitment for better asset management planning.

Asset Management Plan
Strategic Asset Management Policy

To request an accessible version of the budget document, please contact the Manager of Financial Services at 705.869.1540 x 2108 or email [email protected].

2024 Annual Budget

2023 Annual Budget

2022 Annual Budget

2021 Annual Budget
2020 Annual Budget
2019 Annual Budget
2018 Annual Budget
2017 Annual Budget
2016 Annual Budget