Financial Condition Index for NS municipalities

John DeMings
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Town of Digby index

Municipalities and their residents have a new tool that gives a snapshot of the financial health of a municipality, including revenue, budget and capital assets.

The Financial Condition Index was launched today, May 15, by the Department of Municipal Affairs and the Union of Nova Scotia Municipalities (UNSM).

"Each municipality has its own unique circumstances and the index is a tool municipal leaders can use to highlight issues, support plans for mitigating risks and help plan for the future," said Municipal Affairs Minister Mark Furey. "The index ensures the financial information of each municipality is transparent and is based on facts and analysis."

The index was developed after a recommendation of the Towns Task Force and was worked on by Municipal Affairs, the UNSM and the Association of Municipal Administrators.

"The Towns Task Force recognized the need for municipalities to have a serious discussion about the future," said Kentville mayor David Corkum, president of the UNSM. "There are many demands on municipalities for new and improved services. This tool will help councils and their communities understand the financial implications of their decisions."

The index for each municipality looks at how it gets its revenue and how it budgets for municipal priorities. There are 15 indicators that show a municipality's score, the average for its class (rural municipality and town) and the threshold, which is an achievement benchmark.

Each municipality has reviewed and approved its data and provided information to explain certain indicators, unique circumstances and trends.

The full index is available at

For this area:

The Town of Digby:

The Municipality of Digby:

The Municipality of Clare:

Organizations: Union of Nova Scotia Municipalities, Towns, Department of Municipal Affairs Association of Municipal Administrators

Geographic location: Kentville, Clare

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Recent comments

  • Christian Thibaudeau
    May 16, 2014 - 07:32

    One only have to take a quick look at the scores for the Town and the Municipality to understand why there is so much opposition to joining the Town of Digby to the Municipality. Past governance for the Town have made a lot of unwise decision relating to economic development, youth and the over burden of taxes they imposed on their citizens but mostly on the business owners. Hopefully this new council will have the wisdom to recognize the mistakes of the past and welcome any business ideas with open arms and support.