This page will be updated with resources related to the PSAB Asset Retirement Obligation Standard. New: MFOA's Toolkit on ARO.
The Provincial Government is currently reviewing the Ontario Municipal Partnership Fund. This page will continue to be updated on news related to the OMPF.
MFOA recommends that the Province adheres to the following principles for the 2020 budget: strengthening partnerships, supporting vital services for Ontarians, and information sharing.
On a monthly basis, MFOA provides an update on Ontario legislative changes. See what's coming down the pipeline.
On May 2, 2019, the Government of Ontario introduced Bill 108, More Homes, More Choice Act, 2019. The Bill aims to address housing supply in Ontario and amends a number of Acts including the Development Charges Act, 1997 and the Planning Act, 1990. V
On November 6, 2019, the provincial Fall Economic Statement was released.
Read Municipal World's June 2019 issue to learn about the importance of strategic asset management policies.
The Assessment Review Board has made changes to their Rules of Practice and Procedure. Changes are effective as of April 1, 2017.
In partnership with Asset Management Ontario, the Asset Management Resources webpage is a central source for important documents, videos, and policies related to asset management.
Significant changes are coming to the Construction Act in October 2019.
To support members navigate through the changing landscape, MFOA is increasing the depth and breadth of its analysis for municipalities, along with engagement opportunities with members about the budget.
Letter from the CRA on the matter of expense allowance for municipal officers.
If you have any issues accessing the budget summary please email email@example.com or firstname.lastname@example.org
Deflator tables taking into account this past year's inflation are now ready. These will allow you to approximate costs when accounting for older capital assets.
MFOA recommends that the Province adheres to the following principles for the 2019 budget: strengthening partnerships, consideration for unintended consequences, and information sharing.
MFOA and AMO's response to PSAB's ITC on Employment Benefits: Non-Traditional Pension Plans focuses on the relationship between OMERS and its participating Ontario municipalities.
MFOA's technical response to the consultation for the Housing Supply Action Plan. The response dispels myths around development charges and explains how DCs benefit communities.
To help dispel myths surrounding development charges, MFOA has produced an infographic "Who Pays for Growth?"
On November 15, 2018, the provincial Fall Economic Statement was released.
MFOA has submitted a letter to the Ministry of Municipal Affairs and Housing on the topics of Water/Wastewater Development Charges.
MFOA has submitted comments to the OMERS Sponsor Corporation Board of Directors on the proposed changes to the OMERS Plan.
Read our overview of the evolving role of the Treasurer.
MFOA's Strategic Asset Management Policy Toolkit is now available
The case studies of Perth County and AMOntario present the story of utilizing communities of practice to further asset management within one’s own municipality.
The SAT and Maturity Framework is now available to all Ontario municipalities.
The Guide is intended to assist municipal staff in developing and maintaining their own communities of practice to best meet their needs.
MFOA's summary of Ontario's 2018 Provincial Budget. If you have difficulty accessing the document please email email@example.com
If you have any issues accessing the budget summary please email firstname.lastname@example.org or email@example.com
O. Reg. 588/17: Asset Management Planning for Municipal Infrastructure was released on December 27, 2017.
Bill 148 has received Royal Assent. The bill includes many municipal implications that include changes to budgeting, record keeping, staff wages, and more.
New PSAB accounting standards are in effect as of January 1, 2018. MFOA has compiled a list of the standards as well as resources to help you get ready.
On November 14, 2017, the provincial Fall Economic Statement was released and Bill 177 passed first reading. Both carry municipal implications.
MFOA has submitted its response to the proposed Prudent Investor Standard Regulation.
MFOA has created a discussion paper on the impact of cap and trade in Ontario for municipalities.
Interested in what is coming in the pipeline for Ontario legislature in Fall 2017? Look no further!
MFOA has completed its 2017 Policy Survey. These findings provide staff with information to help guide future policy direction. Learn more about what our members said.
MFOA's response to PSAB's Asset Retirement Obligation (ARO) Exposure Draft. The proposed PS 3280 will address the recognition, measurement, presentation and disclosure of legal obligations associated with retirement of TCAs.
MFOA's submission to the proposed amendments to O. Reg. 82/98 (General) under the Development Charges Act, 1997.
"A Report about Reporting" is a research study on the reporting burden for Ontario municipalities.
MFOA's summary of Ontario's 2017 Provincial Budget. If you have difficulty accessing the document please email firstname.lastname@example.org
If you have any issues accessing the budget summary please email email@example.com or firstname.lastname@example.org.
A summary of the major organizations that work on asset management in Ontario. If you have any additional organizations to add, please contact email@example.com.
The rollout of the Census data can impact municipalities in multiple ways; the demographic trends observed can alter our plans for future spending.
On November 16, 2016, Bill 68, Modernizing Ontario's Municipal Legislation Act, 2016, and Bill 70, Building Ontario Up for Everyone Act (Budget Measures), 2016, were introduced for first reading. Both proposed legislative bills carry potential impact
MFOA's submission to the 2017 Provincial Pre-Budget Submission. MFOA recommends that the Ministry consider the goals of municipal fiscal sustainability when creating the 2017 budget.
Are you or someone in your office new to the field? Look no further! The Orientation Package provides a crash course on municipal functions and important relevant organizations.
If you have any issues accessing the budget summary please email firstname.lastname@example.org or email@example.com.
Deflator tables taking into account this past year's inflation are now ready. If you have issues accessing the document please contact firstname.lastname@example.org
MFOA's summary of Ontario's 2016 Provincial Budget. If you have any questions please contact email@example.com
The Ministry of Finance is undergoing consultations to develop a methodology for the assessment of landfills in Ontario. MFOA, in partnership with AMO, have submitted a response to these consultations.
MFOA has submitted its Bill 73 - Smart Growth for Our Communities Act response to the Standing Committee on Social Policy.
MFOA will be submitting two reports to the Ministry of Municipal Affairs and Housing (MMAH) as part of the Municipal Legislation Review. UPDATE: Now includes documents on prudent investor status for the One Investment Program.
Consultation Paper 3 highlights many of the principles that will be set out in a future statement of principles for a revised framework and reporting model, and ask for input on them and a proposed reporting model that is built on those principles.
MFOA’s position to the Moving Ontario Forward: Outside the GTHA consultation process is based on previously articulated support for asset management planning and also includes recommendations for improving application-based funding programs.
MFOA has submitted its Bill 73 - Smart Growth for Our Communities Act response to the Standing Committee on Social Policy.
The budget stresses a number of themes, some of them present in previous budgets, such as tax reduction measures, lower taxes for businesses, steady economic growth, and financial stewardship.
Proposed amendments to the Development Charges Act, 1997 and Planning Act, 1990, is detailed in Bill 73, Smart Growth for Our Communities Act, 2015, which has received its first reading on March 5, 2015.
Deflator tables taking into account this past year's inflation are now ready. The tables will allow you to approximate costs when accounting for your older capital assets.
Major changes to the CDS fee schedule are expected to come into effect in 2015, which will significantly increase the costs to municipalities issuing debentures. MFOA has sent two letters to CDS requesting a meeting to discuss some of the identified
Do municipalities need access to new revenue tools? Read MFOA's brief analysis on this topic titled, Beyond the Property Tax: Access to Revenue and Municipalities' Political Footprint in Canada. This article is available here for members and has been
On September 18th, 2014, the MFOA Board of Directors approved a preliminary series of ideas for improving tax equity between incorporated and unincorporated Northern communities through Provincial Land Tax (PLT) reform.
A group of municipalities is actively working to streamline financial reporting related to provincial grants and transfers. The first phase of this project - developing an inventory of municipalities' priority concerns - is now complete.
Working with support from the Ministry of Municipal Affairs and Housing (MMAH), MFOA is providing a number of Asset Management (AM) Tools for municipalities.
The tools that make up the series aim to help municipalities.
MFOA's summary of Ontario's 2014 Provincial Budget. If you have any questions please contact firstname.lastname@example.org
What are the most common ways of quantifying the infrastructure deficit? How popular are risk registers and asset consumption ratios for understanding infrastructure funding requirements?
This property tax guide was produced by MFOA in 2012 to serve as a primer and high level introduction to property taxation in Ontario. It provides a high level overview of property taxation for those who are new to the field.
MFOA's monograph on the treasurer's role in a municipality. Learn about how to enhance your strategic influence in the office.
The budget stresses a number of themes such as connecting Canadians with available jobs, promoting job creation, innovation and trade, responsible resource development, support for families and communities by protecting Canadian consumers and keeping
MFOA's Committee on Accounting and Financial Reporting shared its feedback on a new revenue SOP with PSAB.
While we share C. D. Howe’s goal of making budgets more understandable and municipal finance officers are committed to continuous improvement, we do not see their recommendations as making improvement in this area.
MFOA's framework for municipal financial sustainability is a tool to support municipal sustainability initiatives that identifies the pillars and core activities involved in sustainability.
MFOA has adopted a strategic plan for its policy activities. Our priority member services include Information sharing, Intergovernmental relations Outreach. Read more about the changes and how you can get involved.
How do municipal asset management systems work in practice? How do municipal approaches compare? MFOA Staff interviewed municipalities from inside and outside of Ontario to understand how the asset management function works in different contexts.
The province is reviewing the Budget Expenses Regulation (O. Reg. 284/09) and one possible outcome of the review is that the regulation could be eliminated, forcing municipalities to budget for amortization and other non-cash items. Read more about w
Looking to save money? MFOA's Guide to shared services and Shared service case studies share best practices and examples of how Ontario municipalities are using shared services to drive down costs while improving municipal services.
The MMAH and MFOA developed three simplified finance templates for small municipalities. The templates are to assist with (1) performing bank reconciliations, (2) understanding cash flows and (3) developing budgets.
Click for a standard asset management plan framework, leading practices for developing an asset management plan, other resources and templates, as well as alternate frameworks to build your plan around.
The Municipal Budgeting and Long-Term Financial Planning Action Group (Action Group), facilitated by the Ontario Ministry of Municipal Affairs (MMA), was created as a forum for municipal stakeholders to collaborate on practical and actionable ideas t
How will the 2013 federal budget impact long term capital planning in your municipality? Click for our synopsis of the budget, complete with municipal highlights, economic outlook and federal financial position.
Learn about transit, road, bridge and other infrastructure changes flowing out of the 2013 provincial budget. MFOA isolates municipal highlights, the province's financial position, economic outlook and other budget initiatives.
MFOA group sees strong returns on FIR reform initiative. After many months of cataloguing problematic schedules, issues and recommendations for improving the FIR, MFOA’s FIR sub-group tabled several suggestions to MMAH.
MFOA encourages Ontario colleges and universities to offer more municipal course content in an effort to heighten students' municipal literacy and interest in municipal employment.
While middle managers and external hires move into senior roles, the Committee on Big Issues in Small Places was keen to have access to strategies to recruit younger professionals for long term staffing needs.
Phased retirement is broadly defined as any program allowing for gradual decreases in working time and workload instead of an abrupt move from full-time employment to retirement.
In this summary resource, we share the three most common succession planning strategies and variations on the themes from governments inside and outside of Ontario.
Access the report of MFOA's MPAC Working Group, which unpacks priority MPAC issues, key performance indicators and other recommendations for improving the assessment system.
A suite of news, accounting information and other resources to support municipalities' transition to the PS 3150 compliance and beyond.
MFOA dispels myths surrounding development charges in Ontario.
MFOA's 2013 report for the Municipal Act Review.
MFOA participated in the Special Purpose Business Property Assessment Review with various stakeholders.