The consolidated financial report for the fiscal year ending December 31, 2012, was filed at a Council meeting on July 11, 2013.

Highlights of the report include an operating surplus of $572,672 for tax purposes in 2012 compared to $167,278 in 2011. In addition, 2012 saw $325,410 in unallocated operating surplus funds compared to a deficit in this item in 2011. This is exciting news!

Long-term debt (excluding organizations governed by the Municipality) dropped from $36.3 million in 2011 to $35.3 million in 2012, a difference of $1 million. It is important to note that this budget item is likely to fluctuate due to significant investments in terms of capital assets. In 2012, a total of $8,783,875 in capital assets was invested. The majority of these assets stem from the replacement and rehabilitation of water and sewer lines as well as from work to correct problems related to the discharge of wastewater in Lac des Deux-Montagnes.

“I am very proud of the record for the 2012 fiscal year,” said the Mayor, Marc Lauzon. “Our numbers are good and we even have a surplus in the amount of over half a million dollars. This is the result of careful financial planning coupled with strict budgetary monitoring.”

As for the consolidated debt – which includes organizations governed by the Manoir Grand-Moulin Corporation, the Deux-Montagnes Sports and Cultural Complex Corporation (Olympia), theConseil intermunicipal de Transports des Laurentides and the Régie de traitement des eaux usées de Deux-Montagnes – it has dropped from $49.2 million in 2011 to $47.8 million in 2012.

For see the consolidated financial report for the fiscal year ending December 31, 2012, click on this link:  Rapport financier 2012 consolidé