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District of Elkford releases 2021 statement of financial information

Council members (mostly) got small pay bumps and the highest paid employee got a 5k raise
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The District of Elkford holds council meetings in the District Office next to the Community Conference Centre. File photo. (Joshua Fischlin/The Free Press)

The District of Elkford has released their provincially-mandated statement of financial information (SOFI) for 2021.

The seven council members were payed a total of $133,180 for 2021.

Mayor Dean McKerracher made $33,270, which is a small raise from 2020 when he earned $32,773. The other councillors were payed $16,635, except for Mandy McGregor, who earned $100 more than that. The councillors in general received a small pay bump, as last year five of six earned $16,461, except for one councillor, who earned $17,036 in 2020.

As for staff, there are 18 who earned over $75,000, with the total for those employees equalling $1,748,242. Seven staff members earned $100,000 or more, with chief administrative officer, Tyler Madsen, earning $152,688. In 2020, Madsen was payed $146,865, representing a $5,823 raise.

The total renumerations for staff, including those who made $75,000 or less, was $3,064,322. Total staff expenses were $25,740.

Including employer-paid benefits ($754,167), pay to elected officials, and pay to staff, the district spent $3,951,669 on renumeration in 2021.

The district also made a total of $13,560,333.36 in payments to its suppliers last year, which is a dip from 2020, when they made over $14 million in payments to suppliers.

Out of the 2021 payments, there were 44 suppliers who received more than $25,000, which is less than in 2020, when Elkford had 48 such suppliers.

The highest amount paid to a supplier was to road construction and materials group of companies, Terus Construction, who received $3,986,839.81 from the district. The second highest supplier payment was to the City of Fernie, which got $1,912,929 from the District of Elkford in 2021.

READ MORE: Sparwood releases financial information for 2021

READ MORE: A look inside the wallet: Elk Valley municipalities release financial info for 2020


@fishynewswatch
josh.fischlin@thefreepress.ca

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