On March 11, 2021, the Province of Manitoba officially launched the voluntary Municipal Service Delivery Improvement Program (MSDIP). It is intended to provide municipalities and planning districts with financial support to complete value-for-money service delivery reviews of programs and services. The Municipality of Bifrost-Riverton successfully applied to the program for review of Fiscal Services. 

The requested objectives of this review included:

• To conduct an objective review of the Corporation’s fiscal policies, processes and practices related to financial planning, operational and capital budgeting, forecasting, reserving, fee establishment, collection, and reporting;
• To identify the current state, strengths, gaps and required improvements and document each in a practical, comprehensive report;
• To develop recommendations for change in the governance, policies, processes, and practices related to the finance function; and
• To identify potential opportunities for additional and/or alternative sources of revenue.

The final report, prepared by MNP Consulting Services, can be found attached.