During the public budget meeting on January 29, the Ville Treasurer, Mr. Benoît Grou, mentioned Les Amis’ article of January 21, and stated that $2.1 million was used to finalize the budget and that approximately $6.2 million was allocated to the PTI, which, he said, significantly reduced the accumulated surplus: “Yes, we have reserves, we are not in trouble, but [of the $49 million, there is much less left].” Click here to listen to his full statement.
Our analysis reveals that the surplus accumulated between 2018 and 2024 is $49.7 million, which is more than double what the Ville had anticipated in its own budgets.
7-year review (2018-2024):
Revenue: +$69.2M compared to forecasts (+20%).
Expenses: +$43.9M beyond the initial budget (+13%).
Growth: A massive 50% increase in revenue (from $50.3 million to $75.3 million), while inflation in Québec was only 22% for the same period.
Our observation: While revenues have jumped 50%—vastly outpacing inflation—actual spending has also exploded, exceeding initial budgets by $43.9M. This suggests that instead of using surplus revenue to reduce taxes, the Ville is absorbing this wealth into its own internal operations. Given this significant leeway, it is imperative that the Ville respects the residents’ ability to pay.
About Les Amis de Mont-Tremblant
Our mandate is to ensure the harmonious real estate development of the region while maintaining transparency and community acceptability.