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A recently released provincial report paints the Town of Amherst in a positive financial light.
The 2016-17 Municipal Indicators report, which examines financial, demographic and administrative indicators in order to provide insight into the financial condition and health of all Nova Scotia communities, highlighted Amherst's successes in the areas of liquidity, prudent debt levels, strong operating reserves, effective tax collection and asset management.
It also provided the town with comments on possible areas for improvement in the areas of building capital reserves and in budget accuracy, although it noted the town has not recorded any deficit in the past five years.
“These are very good results,” CAO Greg Herrett said on May 10. “I want to congratulate our finance staff and management team for them, while also thanking council for its support in implementing the strategies that have led to them.”
A five-year contract between the Town of Amherst and the Atlantic Police Association Local 104 was signed by both parties on May 1, officially ending four years of contract negotiations between the town and its unionized police officers.
The arbitrated contract gives Amherst’s 22 unionized police officers and two administrative staff, a 14.52 per cent raise over five years, when compounding is considered. The new contract is retroactive to April 1, 2014.
The union members were given a 2.5 per cent raise in year one of the agreement, 2.75 per cent increases in years two, three and four and a three per cent raise in year five.
Being named the top brokerage firm in Canada is a major achievement for Archway Insurance, says Amherst Mayor David Kogon.
“It shows a business can thrive in a community such as ours,” Kogon said, after learning the Amherst-headquartered firm had received the ranking from Insurance Business Canada, a national industry web magazine.
“On behalf of Amherst town council, I want to congratulate Archway Insurance on this achievement and wish them even greater success in the future.”
Archway Insurance has been named Canada’s top brokerage by Insurance Business Canada magazine.
The firm “is thrilled” to be recognized by the magazine, Archway Insurance president Gina McFetridge said on May 1, a day after the magazine issued its rankings.
“We have worked incredibly hard to become an industry leader in the Maritimes by providing choice and expert advice locally,” McFetridge said. “Receiving recognition at the national level is a tremendous honour and our growing team of professional brokers could not be more proud.”