Financial Management
The key areas of financial management have been highlighted
below to provide resources for non-profit housing
providers and residents.
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Administration - Providing a high level overview of a financial responsibilities for non-profit providers.
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Extraordinary Expense - Managing unexpected costs outside of the operating budget.
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Financial Statements - Preparing financial statements, audit requirements, unauthorized expenditures and acts, and financial review and subsidy reconciliation.
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Harmonized Sales Tax - Understanding how the Harmonized Sales Tax (HST) applies to subsidized housing developments.
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Operating budget - Providing general information on operating budgets.
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Managing Surplus & Deficit - Providing clarify around managing surplus and deficits.
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Residential Rent Revenues - Establishing residential rent revenues.
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Subsidies - Understanding operating subsidies.
