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HomeMy WebLinkAbout07 138 Amendment 2007 Taxation By-Law . . . . THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE '"' BY-LAW No. 2007 -138 BEING A BY-LAW TO AMEND BY-LAW NO. 2007 - 071, BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 2007 WHEREAS Section 290 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provides that a local municipality shall in each year prepare and adopt a budget including estimates of all sums required during the year for the purposes of the municipality; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine, with the passage of By-law No. 2007 - 071, adopted the estimates of all sums required during the year to strike the rates of taxation for 2007; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine deems it necessary to amend By-law No. 2007 - 071; AND WHEREAS these amendments have no impact on the tax levy or the tax rate; NOW THEREFORE the Council for the Municipality of Kincardine ENACTS as follows: 1. That the 2007 Budget Summary and the Reserve and Reserve Funds Continuity Worksheets, originally confirmed with the passage of By-law No. 2007 - 071, are hereby amended to include the following items, and attached to this by-law as Schedule "A": i) Purchase of Land from Westario Power - Transfer from Roads Reserve $35,000.00 and Expenditure - Purchase of Land $35,000.00 for a net impact of $0.00; ii) Road Improvement Concession 2 - Contribution from Developer $50,000.00 to Expenditures Road Improvements $50,000.00 for a net impact of $0.00. 2. That this by-law shall come into full force and effect upon its final passage. .' ./2 . . . . Page 2 Amendment (1) to the 2007 Taxation By-law By-law No. 2007 - 138 3. This By-law may be cited as the "Amendment (1) to the 2007 Taxation By-law". READ a FIRST and SECOND TIME this 1" day of August, 2007 l?x;-.~ Cler READ a TA1RD TIME and FINALLY PASSED this 1" day of August, 2007. 7 ~ '>0"""",1N,...~ Clerk Aug1/07 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET OPERATING BUDGET 2007 2007 2007 2007 2007 2007 2007 2000 SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET SChanne %Chan"e Opening (surplus) $1,000,000 $1,000,000 $1,720,400 $720,400 -41.87% REVENUE Taxation Revenues (Supp, WIO, PIL) ($4,863,350) ($1,650,000) $2,530,000 ~~3,983,350) ~~2,870,688) ($1~112,662) General revenues (1112) ($4,380,200 . i$21,165 $178,165 $337,500 $3,885,700 $3,751,249 $134,451 $9,243,550 $0 $1,671,165 $178,165 $0 $2,867,500 $7,869,050 $6,621,937 $1,247,113 18.83% COUNCIL Mayor & Council (1111) $207,444 $207,444 $180,768 $26,676 14.76% ADMINISTRATION Administrator (1118) $180,212 $5,117 $185,329 $162,271 $23,058 14.21% Human Resources (1119) ($507) $50,678 $390 $50,561 $44,794 $5,767 12.87% Clerk (1120) ($3,960) $337,239 $12,208 $345,487 $335,425 $10,062 3.00% Treasury(1121) ($17,883) $575,374 $7,892 $565,383 $539,062 $26,321 4.88% Information Technology (IT)(1122) $18,370 $10,000 $28,370 $16,500 $11,870 71.94% Health & Safety(1123) $13,864 $44 $13,908 $11,561 $2,347 20.30% Capital Asset Mgmt (1124) (PS) ($10,034) $112,412 $88 $102,466 $0 $102,466 100.00% Eleclion(1125) $1,200 $18,000 $19,200 $18,000 $1,200 6.67% Accessibility (2226) $5,581 $5,581 $5,418 $163 3.01% $31,877 $0 $507 $1,294,930 $18,000 $35,739 $1,316,285 $1,133,031 $183,254 16.17% FACILITIES Administration Centre (1126) ($86,645) $358,349 $960 $272,664 $239,520 $33,144 13.84% Underwood Town Hall & Comm Ctre (1128,1129) ($32,350) $81,431 $442 $49,523 $34,526 $14,997 43.44% Annex (1130 $8,500 $8,500 $0 $8,500 100.00% ArmowWomen's Ins!. (1131) ($900) ($8,000) $40,337 $2,169 $33,606 $17,277 $16,329 94.51% Locum House (1135) ($5,300) $24,951 $1,668 $21,319 $0 $21,319 0.00% HEC Admin Building (1136) ($27,000) $6,386 ($20,614) ($38,350) $17,736 -46.25% Lighthouse (1138) ($1,400) $7,530 $5,150 $11,280 $5,600 $5,680 101.43% Kincardine Library (7465) ($36,300) $62,982 $282 $26,964 $18,141 $8,823 48.64% TivertonLibrary(7466) ($6,402) $25,447 $15 $19,060 $6,740 $12,320 182.79%1 Medicalcllnlcs(1133,1142) ($100,230 $83,549 $32,800 $16,119 $15.627 $492 3.15% $296,527 $8,000 $0 $699,462 $0 $43,486 $438,421 $299,081 $139,340 46.59% PROTECTION TO PERSONS Kin Fire Depl(2100-2176) ($11,320) $565,470 $100,357 $654,507 $599,707 $54,800 9.14% Paisley Fire Dept. (2213) $24,965 $24,965 $22,483 $2,482 11.04% Police Services Board (2220) ($3,500) $15,918 $46 $12,464 $15,251 ($2,787) -18.27% Policing (2221) ($47,304) $2,046,604 $1,999,300 $1,899,435 $99,865 5.26% Emergency Planning (2225) ($95,000) ($5,000) $153,128 $956 $54,084 $2,158 $51,926 2406.21% SVCA(2231) {$5,183 $210,353 $210,353 $185,141 $25,212 13.62% Mvsis Rescue Boat 12251 \ $11,682 $3,000 $9,499 $8,235 $1,264 15.35% $162,307 $0 $5,000 $3,028,120 $0 $104,359 $2,965,172 $2,732,410 $232,762 8.52% Sub-totalooeratlnabudael {$9,734,261 {$B,OOO 1$1,676,672 $5,408,121 $18,000 $3.051,084- l$2,941,728 1$2,276,647 ($665,081 29.21% ...2 ~ " ~ ~ tv ~ ~ g.1',b, g- . I~ o.t'< ~ ~ j Aug1t07 PAGE 2 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET OPERATING BUDGET 2007 2007 2007 2007 2007 2007 2007 2000 SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRFTO NET NET DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ CHANGE % CHANGE PUBLIC WORKS Roads (3000-3362) ($24,530) $1,727,571 $31,930 $1,734,971 $1,730,207 $4,764 0.28% Mechanic (3400 - 3499) $417,487 $417,487 $435,978 ($18,491) -4.24% Disability Transportation (3590) $20,352 $20,352 $17,304 $3,048 17.61% Crossing Guards (3614) $26,167 $337 $26,504 $25,086 $1,418 5.65% Streetllghting(3651) ($141,400) $141,388 $12 $0 $0 $0 0.00% Airport (3661 &3662) ($85,295) $163,498 $76 $78,279 $81,176 ($2,897) -3.57% San. Sewers (4411 ) ($1,047,922) $568,167 $479,755 $0 $0 $0 0.00% Storm Sewers (4421) ($10,000) $48,586 $187 $38,n3 $9,121 $29,652 325.10% Municipal Drains (4422) ($84,300) $112,100 $27,800 $1,074 $26,726 2488.45% Tile Drainage (4423) $0 $0 $0 $0 0.00% Kincardine Water (4425) ($1,284,400) $671,834 $592,566 $0 $0 $0 0.00% Tlverton Water (4426) ($212,000) $119,429 $92,571 $0 $0 $0 0.00% Garbage Collection (4441) ($35,000) $323,124 $141 $288,265 $278,463 $9,802 3.52% Ward 1 Landfill Site (4445) ($185,000) $236,002 $32,060 $83,062 $52,348 $30,714 58.67% Armow Landfill Site (4446) ($45,000) $85,431 $31,294 $71,725 $63,099 $8,626 13.67% Bruce landfill Site (4447) ~~35,000) $88,019 $31,323 $84,342 $66,643 $17,699 26.56% Cemeteries (5551) $53,955 $138,935 $20,875 $105,855 $73,895 $31,960 43.25% $3,223,802 $0 $0 $4,888,090 $0 $1,313,127 $2,977,415 $2,834,394 143,021 5.05% Sub-totaloDeratinabudaet 1($12,958,063 ($8,000 {$1,676,672 $10,296,211 $18,000 $4,364,211 $35,687 $557,747 ($522,060 -93.60% ...3 Aug1/07 Page 3 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET OPERATING BUDGET 2007 2007 2007 2007 2007 2007 2007 2006 SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ CHANGE % CHANGE RECREATION & CULTURE Underwood Communty Centre (1127,1129) ($5,425) $10,747 $51 $5,373 $4,954 $419 8.46% Tiverton Lions Hall(1132) ($140) $2,015 $1,875 $1,735 $140 8.07% Whitney Crawford Com Clre(1134) ($5,400) $5,965 $5,000 $5,565 $3,495 $2,070 59.23% Arts Facility (1137) ($21,500) ($42,000) $62,160 $1,340 $0 $0 $0 0.00% Brucedale Com Centre (1143) $6,608 $6,608 $9,744 ($3,136) -32.18% Paisley Recreation (7008) $6,500 $6,500 $6,500 $0 0.00% Tiverton Sports Centre (7010) ($110,650) $159,140 $48,490 $41,490 $7,000 16.87% DavldsonCentre(7011-7021) ($433,300) $1,147,619 $6,780 $721,099 $645,716 $75,383 11.67% Recreation (7111-7199) ($299,850) $494,312 $5,462 $199,924 $194,485 $5,439 2.80% Parks (7313-7321) ($43,650) $486,756 $13,548 $456,654 $366,D48 $90,606 24.75% Trails (8037) $25,407 $188 $25,595 $21,967 $3,628 16.52% Communities in Bloom (7350) $14,300 $14,300 $8,100 $6,200 76.54% Kincardine Marina (7460) ($321,550) $311,377 $10,173 $0 $0 $0 0.00% HerilageKincardine(7468) ($840) 1$234,000 $5,530 $4,690 $4,560 $130 2.85% Communlly Grants (7470) ($10,000 $345,190 $101,190 $65,450 $35,740 54.61% $1,252,305 $0 $276,000 $3,083,626 $0 $42,542 $1,597,863 $1,374,244 $223,619 16.27% TOURISM Tourism (8035-8044) ($51,200) ($25,000) $323,146 $1,313 $248,259 $239,344 $8,915 3.72% KinFishDerby(8101-8105) ($62,600) $62,600 $0 $0 $0 0.00% KSF (8201 - 8206) 1$165,500 $164,500 $1,000 $0 $0 $0 0.00% $279,300 $25,000 $0 $550,246 $1,000 $1,313 $248,259 $239,344 $8,915 3.72% PLANNING & DEVELOPMENT Building Department (2241) ($182,500) $289,983 $2,804 $110,287 $115,028 ($4,741) -4.12% Small Animal Control (2244) $18,502 $18,502 $17,964 $538 2.99% Nutrient Management (4450) $0 $0 $0 $0 0.00% Planning & Zoning (8011) ($17,000) $117,512 $1,003 $101,515 $87,719 $13,796 15.73% Economic Development (8021) ($20,000) ($15,000) $93,931 $20,614 $79,545 $73,160 $6,385 8.73% B.I.A.(62) ($29,425 $29,425 $0 $0 $0 0.00% $248,925 $0 $15,000 $549,353 $0 $24,421 $309,849 $293,871 $15,978 5.44% Late Adjustment for Liab Ins 1$42,000 l$42,OOO $0 ($42,000 -100.00% Total Ooeratina Budaet ($14,738.593\ ($33.000\ ($1.967.672) $14.437.436 .$.lliQQQ $4,432,487 $2,149,658 $2.465,206 ($315,5481 -12.80% ...4 PAGE 4 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Aug1/07 CAPITAL BUDGET 2007 2007 2007 2007 2,007 2007 2007 2006 UCD SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRFTO NET NET DEPARTMENT & PROJECT JAN1/07 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $Chanae %Chanoo General Government Physician Recruitment ($25,000) $176,000 $151,000 W.E.Thompson ($12,000 $52,800 $52,800 Lap Top computers (PB) $12,000 $0 $0 $25,000 $0 $12,000 $240,800 $0 $0 $203,800 $235,500 $31,700 -13.46% CAD ($35,000 $0 $0 $0 $0 $0 $0 $0 $0 $35,000 100.00% HR $0 $0 $0 $0 $0 $0 $0 $0 $0 57,875 $57,875 -100.00% Clerk LaserFiche -Records Comput.(PB) 1$19,000 $51,500 $32,500 $0 $0 $19,000 $0 $51,500 $0 $0 $32,500 $84,600 $52,100 -61.58% Treasurv 1$7,000 1$28,000 Capital Asset Mgml Software $35,000 $0 $0 $0 $7,000 $28,000 $35,000 $0 $0 $0 7,000 $7,000 100.00% InformalionTechnoloav Microsoft Office Licences ($30,000) $30,000 $0 lTReview ($35,O00) $35,000 $0 New Server ($12,000 $15,000 $3,000 $0 $0 $77,000 $0 $80,000 $0 $0 $3,000 $72,000 $69,000 -95.83% Heallh&Safetv H & S Training of New Members $12,000 $12,000 $1,000 $11,000 100.00% Facilities Lighthouse Roof (carryover 2006) ($25,000) $28,000 $1,000 Annex Roof (carryover2006) ($125,000) $125,000 $0 Underwood Hardwood Floor (PB) ($40,000) $40,000 $0 WeslarioGeneralor $31,000 $31,000 KCMC Sound Transference ($25,000) $25,000 $0 Kincardine Library Roofelc ($3,911) $20,000 $16,089 W3Roof $60,000 $60,000 Locum House - sale/purchase ($500,000 $300,000 $200,000 $0 $0 $500,000 $193,911 $25,000 $627,000 $0 $200,000 $108.089 $ 385,728 $277,639 -71.98% Buildina $0 $0 $0 $0 ~100% SubtotalCa ital Bud et $0 $525,000 $296,911 $65,000 $1,046,300 $0 $200,000 $359,389 $878,703 $519,314 -59.10% DEPARTMENT & PROJECT Arts Centre Kincardine Fire Deoartment Tanker11-4 Breathing apparatus Thermal Imaging Camera Vehicle Exhaust System Police Sauaeen Valley Conservation Floodplain mapping (PB) Shoreline Mapping (PB) Mvsis Ward 3-Municioal Drains Drain #19 Drain #20 Il._lkrnl uco JAN1f06 2007 SUBMISSION REVENUES 10 $0 ~ __$0 $0 ($19,489) $39,461 ~ $19,972 $0 $0 2007 TRF FROM RESERVE ($6,500) $6,500 '$10,500 '$10,500 PAGES MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET CAPITAL BUDGET 2007 SUBMISSION EXPENSES 2007 TRF FROM RES FUND 2,007 TRFTO RESERVE 2,007 TRFTO RES FUND 2007 NET BUDGET 2006 NET BUDGET $0 $26,500 Aug1f07 $Chanae %Chanae $0 ($211,947) $220,000 ($20,000) $20,000 ($12,000) $12,000 $45,000 (!243,947 $297,000 $0 $0 ($6,053) $6,053 $10,500 $6,053 $16,553 $0 $0 $629,243 $0 $0 $0 $0 100% $0 10 $0 $0 $0 $19,500 100.00% 10 $0 $0 $0 $0 $0 $0 100.00% 10 $0 '$26,500' -100.00% $0 $0 0.00% Roads Huron Terrace (PB) 1 ($139,189) Sunset (PB) Webster Whispering Woods HuronTerraceBlidge Kincardine Aye HunterSt Huron Ridge Kearns Wall & Sidewalk Durham at Water Plant SR15 Broadway from Hw 21 to Queen 51 Lambton from Princes to Queen Sprucedale from Dalton to End Durham Market Square Wickham from Rae to Webster Smith from Main to M~le ~W~~B :&'$J Tlyerton Stop Lights ~ Mun share r- ~ -, ,"?:,"'~;'!!i.n " ]~~'I"~'''($130,075,'F' ($61,134) ($75,000) ($28,721) ($45,949) '$252,804' ($215,000) ,~I~ '$215,000 $390,000 $69,430 $75,000 $39,930 $20,000 ($32,051)1 $78,000 $54,000 $30,000 $40,000 $58,000 $230,000 $457,000 $75,000 $52,000 $55,000 $33,000 $94,000 i'''''~T,(''''''''''''''''''''''H .. l~g(if~~~r%1i;"';:~~~ij'ri^6;;1~({%.'\~> $50,000 '$57,051 $1,995,360 $35,811 $70 I $8,366 $0 $70 I $11,279 $20,000 $0 $54,000 $30,000 $40,000 $58,000 $230,000 $457,000 $75,000 $52,000 $55,000 $33,000 $94,000 liAi$iK!~ITlr,~~m"J!!J!1Jj $0 $50,000 =1~'A~ $1,340,570 $730,299 ffi: "'11'''11 "':!/;:.."""" 83.56% $610,271 ISubtotal Capital Budget ($110,103)1 ($1,386,554}1 ($528,911}1 ($372,051)1 $3,984.4561 $01 $200,140 I $1.786,9771 $1,790,1021 ($3,125}1 -0.17%J ....6 Aug1107 PAGE 6 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET CAPITAL BUDGET 2007 2007 2007 2007 2007 2007 2007 2006 UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRFTO NET NET DEPARTMENT & PROJECT JAN1/07 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET ~Chan e %Channe Roads-Eaulpment Tandem Plow-Sander Truck ($71,000) $78,332 $7,332 Case Loader ($150,000) $150,000 $0 Plck-up-Arnold ($40,000) $40,000 $0 Pick-up ($45,000 $30,000 $30,000 Pick-up-Dale $45,000 $0 $0 $0 $71,000 $235,000 $343,332 $0 $0 $37,332 $250,000 $212,668 -85.07% Streetliahtina 1$7,500 $0 $7,500 100.00% Airoort Paving $11,000 $11,000 $0 $0 $0 $0 $11,000 $0 $0 $11,000 $0 $11,000 100.00% KWTP Water SYStem OSTAR General ($680,714) $680,714 $0 OSTAR Kincardine Water Treatment Plant $2,105,209 ($1,989,021) ($164,019) $47,831 $0 OSTAR Pipeline $1,999,269 ($323,864) ($1,678.405) $3,000 $0 OSTAR Underwood $198,827 ($198,827) $0 OSTAR Scott's Point $213,369 ($213,369) $0 Underwood-deficit Financing ($107,000) $107,000 $0 Underwood - Cont to Res Fund ($11,100) $11,100 $0 Scott's Point - deficit Financing ($60,000) $60,000 $0 Scott's Point Cont to Res. Fund ($12,300) $12,300 $0 Water Meters original- UCO $19,197 ($19,197) $0 Lower Beach Road - UCO $4,763 ($4,763) $0 Meter Replacement Program (PB) ($184,915) $184,915 $0 Lake St Servicing (PB) $4,320 ($141.400) $107,680 $29,400 $0 Waterrnains-HuronTerrace ($220,833) $220,833 $0 Reseervoir Cleaning ($130,000) $130,000 $0 Utility Van (66.7%) ($20,000) $20,000 $0 Overslzing Pipes For Future Dev. ($11,100) $11,100 $0 Scott's Point Water Quality Upgrade 1$20,000 $20,000 $0 $3,864,240 $2,395,354 $0 $750,867 $940,809 $0 $222,800 $0 $0 $0 0% Tiverton Water SYStem UCO - OSTAR $152,263 ($146,877) ($5,386) $0 Briar Hill Well #2 (PB) ($60,000) $60,000 $0 Standby Well (PB) (~~O,OOO) $60,000 $0 I ReplacementVehicles-3410 $3,000 $3,000 $0 : $152,263 $146,877 $0 $128,386 $123,000 $0 $0 $0 $0 $0 0.00% SubtotalCaDitalBudoet $3906400 {$3928795 1$599,911 ($1.486304 $3,520,979 '0 ~422,940 $1,835,309 $2,047,602 {$212,293 -10.37% ...7 Aug1f07 PAGE 7 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET CAPITAL BUDGET 2007 2007 2007 2007 2007 2007 2007 2006 UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET DEPARTMENT & PROJECT JAN1/07 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET SChanne %Channe Sanitary Sewers (941) Queen StSewers $28,369 ($9,339) ($19,030) $0 Lower Beach Road $5,297 ($5,297) $0 Lake StNorth (PB) ($159,600) $115,150 $44,450 $0 Huron Terrace Main Repl (PB) $2,904 ($223,366) $220,462 $0 Huron Terrace Sanitary Pumping Stn (PS) ($15,000) $15,000 $0 Connaught Trunk Sewer Line ($400,000) $400,000 $0 UtilityVan-repl3410 (41%) ~:16,000) $16,000 $0 Connaught Drainage SbJdy $50,000 $50,000 $0 $36,570 $168,939 $0 $704,366 $792,285 $0 $44,450 $0 $0 $0 0.00% Landfill Sites Ward 2 landfill Monitoring Wells $0 $0 $0 ($15,000) $15,000 $0 $0 $0 Ward 31anfill Monitoring Wells i$12,000 $12,000 $0 $0 $0 $0 $27,000 $27,000 $0 $0 $0 $0 $0 0,00% Cemeteries W1 Expansion Phase 1 ($48,045) $48,045 $0 W1 Expansion Phase 2 $0 ($12,000 $132,500 $120,500 $0 $0 $0 $60,045 $180,545 $0 $0 $120,500 $57,000 $63,500 111.40% Whltnev Crawford Comm Ctre ($10,000\ Electrical upgrades $10,000 $0 $0 Srucedale Communltv Ctre $0 $0 Davidson Centre Addition ($50,000 PS) ($270,502) ($1,306,498) $1,577,000 $0 Pool Roof ($53,500) $61,000 $7,500 New Arena Compressors $50,000 $50,000 Soiler $200,000 $200,000 Kitchen upgrades ($23,000) $30,000 $7,000 Recreation Facility - Tr to Res Fund ($117,000) $117,000 $0 HamllnSt $10,000 $10,000 $0 $0 $347,002 $1,306,498 $1,928,000 $0 $117,000 $274,500 $272,363 $2,137 0.78% TivertonSoortsCentre ($2,491 Work on Compressors (PB) $20,000 $17,509 $0 $0 $2,491 $0 $20,000 $0 $0 $17,509 $30,000 $12,491 -41.64% Recreation ($5,000 Running Track $0 $10,000 $10,000 $15,000 -33.33% Sub-total canital budnet $3,942,970 {$4,097,734 {$949,404 {$3,594,213 $6,488,809 $0 $584,390 $2,257,818 $2,421,965 1$164,147 -6.78% ...8 2007 2007 2007 2007 2007 2007 2007 2006 UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRFTO NET NET DEPARTMENT & PROJECT JAN1/07 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $Chanae %Chanae Parks Ught Standards at Connaught Park: ($15,000) $15,000 $0 Reunion Park-Phase 3 ($5.172) $282,857 $277,685 Playground Upgrades ($19,043) $25,000 $5,957 Fence & Bleachers-Tlverton $20,000 $20,000 Roof Agricultural Building $100,000 $100,000 EPB Bicycle Park ($8,00O) $8,000 $0 TivertonParkette ($55,000) $55,000 $0 !l!!L~~_ l"'-'" -Y:lfW~="'~"'" ?"'"~''' ~ -'" . liitJ' ~-.'_.. ....A''''''__t_'+i ~1~'_f/f_;,. ',.' !P,>._ _Yu . ~ ',".".,._ "","'"->;'~>C'';'' $0 $0 $69,043 $68,172 $540,857 $0 $0 $403,642 $428,065 $24,423 -5.71% Trails Geddes Park Footbridge (PB) ($31,242) $52,100 $20,858 Lome Creek Foolbridge ($64,000) $115,000 $51,000 InverhuronTrail ($12,000 $12,000 $0 $0 $0 $76,000 $31,242 $179,100 $0 $0 $71,858 $69,500 $2,358 3.39% Plannina Official Plan ($49,908) $49,908 $0 Zoning By-law OMB Hearing ($32.812) $32,812 $0 Zoning By-Law Update ($10,000) $25,000 $15,000 Natural Heritage Study i$25,000 $35,000 $10,000 $0 $0 $117,720 $0 $142,720 $0 $0 $25,000 $40,000 $15,000 -37.50% DeveloDment Millenium Way North Project (PB) ($450,424) $320,500 $129,924 $0 Business Park Study ($10,000 $10,000 $0 $450,424 $0 $0 $10,000 $330,500 $0 $129,924 $0 $56,000 $56,000 -100.00% Tourist DeveloDment Tourism & Info Bldg.fServ. ($735,000) $721,820 $13,180 $0 SlgnageProgram ($35,O00) $80,000 $45,000 Seasonal Decorations ($22,127 $22,127 $0 $0 $35,000 $22,127 $735,000 $823,947 $0 $13,180 $45,000 $67,872 $22,872 -33.70% TOTAL CAPITAL BUDGET $3,492,546 ($4132734 ($1234294 ($4.438627 $8.505933 $0 $727,494 $2803,318 $3.083402 1$280,084 c9.08% Total Operatlnn & Canital Budnet $3,492,546 {$19,871,327 1$1.267,294 1$6,406,299 $22.943,369 $19,000 $5,159,981 $3,952,976 $3,828,208 $124768 3.26% PAGE 8 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET CAPITAL BUDGET Aug1/07 Page 9 Municipality of Kincardine 2007 FINAL APPROVED BUDGET MUNICIPAL TAX RATE CALCULATION Residential Multi~Res. Com. ace. Com. vacant Ind. ace. Ind. vacant Farmlands Mngd forests Tax Ratios 1.00000 1.00000 1.23310 0.86317 1.74770 1.13600 0.25000 0.25000 Assessments $827,488,580 $9,604,975 $63,741,280 $733,560 $5,101,535 $1,926,900 $193,138,130 $870,935 $1,102,605,895 Residential tax rate 0.00405046 Multi-Residential tax rate 0.00405046 Com. ace. tax rate 0.00499462 Com. vac. tax rate 0.00349623 Ind. ace. tax rate 0.00707898 Ind. vac. tax rate 0.00460132 Farmlands tax rate 0.00101261 Managed forest tax rate 0.00101261 Aug1/07 Adiusted assessments $827,488,580 $9,604,975 $78,599,372 $633,187 $8,915,953 $2,188,958 $48,284,533 $217,734 $975,933,292 Proof $3,351,707 $38,905 $318,363 $2,565 $36,114 $8,866 $195,574 $882 $3,952.976 $3,587,068 $365,908 $3.952.976 Total Residential & Farm taxes Total Commercial & Industrial taxes TOTAL MUNICIPAL TAXES COLLECTED Page 11 Summary of budget for Pie Charts Operating Council Administration FacilitIes Protection 10 Persons Public Works Recreation Tourism Planning & Development Capital Council Administration Facilities ProteclionloPersons Public Works Recreation Tourism Planning & Development $207,444 $1,864,334 $742,948 $3,132,479 $6,201,217 $3,126,168 $552,559 $573,774 $16,400,923 $240,800 $178,500 $827,000 $313,553 $3,428,346 $2,804,957 $837,127 $603,144 $9,233,427 Aug1/07 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE PROPOSED RESERVES BA~ Balance as of Net Change Balance as of """"" Jan1,2007 fortheYear Dec 31$t, 2007 Working Capilal Reserve $455,358 $0 $455,358 Communily Policing Reserve $9,515 $0 $9,515 Airport Gasoline Inventory Res. $5,000 ,. $5,000 AlrshowReserve $068 ,. $068 Canada Day Reserve $4,650 ,. $4,$0' Tlverton Ball LighlReserve $5,000 .. $5,000 CapllalReserve $1,951,322 ($934,265) $1,017,057 Defibrillator Reserve $1,062 $0 $1,062 Mural Painling Reserve $3,500 $0 $3,500 Soccer Fields Reserve $1,763 $0 $1,763 Tiverton Cem. Monument Res. $1,182 $0 $1,182 Elel:lionReserve $41,360 $18,000 $59,360 Planning Reserve $0 $0 $0 Heritage Reserve $2,132 $0 $2,132 Tourism SIgn & Map reserve $0 .. $0 Kinc Scollish Festival $51,738.03 $1,000.00 $52,738.03 Drift-in Cruise Night $0 $0 $0 Capital Roads Reserve $542,811 ($250,000) $292,811 HECReserve $3,975,03O .. $3,975,030 CTScannerReserve $0 $0 $0 Sea80nalDecorationReserve $22,128 ($22,128) $0 Total of Reserves $7,074,217 ($1,187,393) _ $5,886,824 ($1,187,393) $5,886,824 ($3,911) $11,000 ($14,500) $65,739 ($42,4911 $85,947 ($1,248,2951 $6,049,511 ""'-"" THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE PROPOSED RESERVES & RESERVE FUNDS BALANCES Kincardine Reserves W1Reserve W2Reserve W3Reserve Total Reserves Reserve Funds 12 KEDF 13 Future Employment Costs 14 Kincardine MarIna Launch Ramp 15 Building 16 Arts FacilityCommitlee 17 Workplace Ins Reserve Fund 16 T1v. San.&Storm Sew. Res.Fd 19 Port BruceCern. Cap. Res. Fd 20 Bruce Landflll Reserve Fund 21 AnnowLandflllReserveFund 22 Scolt Poinl Water Reserve Fund 23 Underwood Waler Reserve Fund 24 Tiverton Waler Reserve Fund 25 TlvertonCom.CentreRes.Fd Z7 Kin. San.& Storm Sewer Res. Fd 28 KincardlneWaler Reserve Fund 31 Kincardine Cern. Cap. Res. Fd 32 Kincardine Landflil Res. Fund 37 Ward III Rural Road & Bridges RF 42 Inver. San& Slorm. Sew. Res. Fd 47 Fish Conservation Reserve Fund 49 Equipment Rep1. Res. Fund 51 Rotary Dock Reserve Fund 52 Roads expenditure Reserve Fund 53 Airport Reserve Fund 54 TlvertonCem.Cap. Res. Fd 55 Parkland Trust Reserve Fund 56 KincArts FaclUiy Reserve Fund 57 Tiverton Sports Centre Res Fd 58 Capllal Expenditure Res. Fd 59 Tax Appeal Omitled Assessment 60 Tourism ResFd 61 Palsley Fire Dept. Cap. Res. Fd 63 TraUsBridging RF 64 Downtown Revitalization 65 Tax Miligallon 66 HeaJlhCare fiT Sewer Reserve Fund 68 Waler Reserve Fund 69 Marina Reserve Fund 70 Tiverton Energy Festival Res Fund 71 Federal Gas Tax Revenue Fund 72 Recreation FaciliiyReaerveFund Total of Reserve Funds $7,074,217 $14,911 $80,239 $128,439 $7,297,806 Balance as of Jan1.2007 122,652 50' 4,372 69,718 2,637 174,791 125,748 4.449 61,334 34,627 (58,760) (104,9fiT) 199,261 17,310 415,015 210,345 61,954 145,565 620,125 126,273 .., 950,542 12,5n 24,806 48,718 86,590 78,415 1,000,000 23,676 1,656,904 13,056,498 609,703 '" ". 50,361 2,021,340 1,784,723 867,557 (349,821) 14,198 15,186 60,110 ! 24,244,547 NetChanoe fortheYear (97,651) (501) '" 19,452 1,490 35,618 2,800 ". 20,900 17,100 58,760 104,967 (32,280) (4,650) (411,900) (162,619) (39,145) 35,900 1,500 " (186,397) '" 8,050 1,800 3,400 (51,000) ". (1,192,847) 1,313,000 (585,000) " (550) 1,500 193,500 254,000 259,463 67,948 '" 4,550 (60,051) 117,000 (301,936) Balance as of Dec 31st. 2007 25,001 . 4,547 89,170 '''' 210,409 128,548 4,609 82,234 51,727 (01 . 166,981 12,660 3,115 47,726 22,809 181,465 620,125 127,773 '" 764,145 12,952 30,856 50,518 89,990 25,415 1,000,000 24,476 464,057 14,369,496 24,703 '" . 51,861 2,214,840 2,038,723 1,127,020 (281,875) 14,623 19,736 " 117,000 23,942,612 Tolal of Reserve & Reserve Funds 29,829,436 Kincardine Reserve Funds W1ReserveFunds W2 Reserve Funds W3 Reserve Funds TolaJReserveFunds 31,318,764 (1,489,328) 24,244,547 $1,470,317 $32,787 $62,769 25,810,420 (301,936) (60,295) 1,000 (45,020\ (406,251) 23,942,612 $1,410,021 $33,787 $17,749 25,404,169 KIncardine Res & Res Funds W1Reserve&ReserveFunds W2 Reserve & Reserve Funds W3 Reserve & Reserve Funds Total Res. & Reserve Funds Less; HECReserve Less; Omitted Tax Appeal Res 1" Balance Of Res & Reserve Funds 31,318,764 1,485,228 113,026 191,208 33,108,226 (3,975,030) (13,056,498) 16,078,698 (1,489,328) 29,829,438 (64,207) 1,421,021 (13,500) 99,526 (87,511) 103,696 11,654,5461 31,453,680 (3,975,030) (14,369,498) 1,313,000 (341,546) 13,109,152 Augl107 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Balances 2007 2007 Sub Total 2007 2007 Sub Total Balance as of Trffrom Res Trf from Res Trfto Res Trfto Res Balance Reserves Jan 1,2007 to revenue Dept to capital Dept from revenue Dept from capital Dept Dee 31 st, 2007 Working Capital Reserve $455,358.22 0.00 0.00 $455,358.22 Community Policing Reserve $9,514.84 0.00 0.00 $9,514.84 Airport Gasoline Inventory Res. $5,000.00 0.00 $5,000.00 Airshow Reserve $667.71 0.00 0.00 $667.71 Canada Day Reserve $4,649.94 0.00 0.00 $4,649.94 Tiverton Ball Light Reserve $5,000.00 0.00 0.00 $5,000.00 Capital Reserve $1,951,322.09 25,000.00 8035 19,000.00 Laseriiche 7,000.00 Capital Asset Software 30,000.00 Microsoft Office 35,000.00 IT Review 12,000.00 New Server 25,000.00 Lighthouse Roof 125,000.00 Annex Roof 10,500.00 Shoreline Mapping 71,000.00 Tandem Snow Plow 270,502.00 DC Addition 53,500.00 DC Pool Roof 23,000.00 DC Kitchen 15,000.00 ConnaughtLights 19,043.00 Playground 64,000.00 Lome Creek Sr 12,000.00 Inverhuron Trail 49,908.00 Official Plan 32,812.00 Zoning By-law OMB 10,000.00 Zoning By-Jaw update 25,000.00 Natural Heritage St 934,265.00 0.00 $1,017,057.09 Defibrillator Reserve $1,061.72 0.00 0.00 $1,061.72 Mural Painting Reserve $3,500.00 0.00 0.00 $3,500.00 Soccer Fields Reserve $1,762.51 0.00 0.00 $1,762.51 Tiverton Cern, Monument Res, $1,181.50 0.00 0.00 $1,181.50 Election Reserve $41,360.00 0.00 18,000.00 Clerk 18,000.00 $59,360.00 IPlanning Reserve $0.00 0.00 $0.00 Heritage Reserve $2,131.51 0.00 0.00 $2,131.51 Kincardine Scottish Festival Res $51,738.03 1,000.00 KSF 1,000.00 $52,738.03 Drift8in Cruise Reserve $0.00 0.00 0.00 $0.00 Capital Roads Reserve $542,811.37 215,000.00 Hurron Terrace 0.00 35,000.00 Soccer Fields 250,000.00 $292,811.37 HEC Reserve $3,975,030.00 0.00 0.00 $3,975,030.00 CT Scanner Reserve $0.00 0.00 0.00 $0.00 Seasonal Decoration Reserve $22,127.72 22,127.72 Seasonal Dee 22,127.72 0.00 $0.00 Total of Reserves $7,074,217.16 $25,000.00 $1,181,392.72 $1,206,392.72 $19,000.00 $0.00 $19,000,.00 $5,886,824.44 Total KBT Reserves $7,074,217.16 $25,000.00 $1,181,392.72 $1,206,392.72 $19,000.00 $0.00 $19,000.00 $5,886,824.44 Total W1 Reserves $14,911.17 0.00 3,911.17 3,911.17 0.00 0.00 0.00 $11,000.00 Total W2 Reserves $80.238.94 8,000.00 6,500.25 14,500.25 0.00 0.00 0.00 $65,738.69 TotalW3Reserves $128,438.60 0.00 42,491.12 42,491.12 0.00 0.00 0.00 $85,947.48 $7,297,805.87 $33,000.00 $1,234,295.26 $1,267,295.26 $19,000.00 $0.00 $19,000.00 $6,049,510.61 Total Reserves as above $7,297,805.87 $6,049,510.61 Less: HEC Reserve $3,975,030.00 $3,975,030.00 $3,322,775,$7. $2,074,480.61 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances Aug 1/07 2007 Balance as of Trf from Res F 2007 Trf from Res F Sub Total 2007 TrftoResF 2007 Trfto Res F 2007 Trfto Res F subtotal 2007 Interest Balance "lIl1','"'UU' ,un,v""u,, .....". .U....."'..., .....", ....,.."y.... IfUIII'..V..IIU.. ~"' '"UIII.......'....' u. , num "..5r "eserve camea L1eC.11S[,-"UUf 12 KEDF $122,652.25 108,651.00 DC Addition 108651.00 10000.00 8021 $10,000.00 1000.00 25,001.25 Future Em 10 ent Costs $501.11 507.00 1119 507.00 $0.00 5.89 0.00 14 Kincardine Marina Launch Ram $4,371.98 0.00 $0.00 175.00 $4,546.98 15 Building $69,718.14 25,000.00 KCMC Sound 2,000.00 1131 $1,545.00 1135 $5,150.00 1138 25,000.00 $32,757.00 1142 $41,452.00 3,000.00 $89170.14 16 Arts Faclllt Committee $2,836.93 0.00 1,340.00 1137 1340.00 150.00 $4,326.93 17 Work lace Ins Reserve Fund $174,791.38 21165.00 1112 21,165.00 48,643.00 140.00 48,783.00 8000.00 $210409.38 18 Tiv. San.& Storm Sew. Res. Fd $125,748.19 2,000.00 utility Van 2,000.00 $0.00 4,800.00 $128548.19 19 Port Bruce Cern. Ca . Res. Fd $4,448,81 0.00 $0.00 160.00 $4,608.81 20 Bruce Landfill Reserve Fund $61 334.44 12,000.00 monllorwolls 12,000.00 30900.00 4447 $30,900.00 2000.00 $82 234.44 21 Armow Landfill Reserve Fund $34626.56 15,000.00 monllorwolls 15,000.00 30,900.00 4446 $30900.00 1,200.00 $51,726.56 22 Scott Point Water Reserve Fund $58,759.94 0.00 60,000.00 RF Pa ut $60,000.00 $1,240.06 $0,00 23 Underwood Water Reserve Fund $104 966.51 0.00 107000.00 RF Pa ut $107,000.00 $2033.49 $0.00 24 Tiverton Water Reserve Fund $199,260.71 5,386.00 OSTAR 91,606.00 4426 60,000.00 Briar Hill 60,000.00 Standby Powor 3,000.00 utility Van 128,386.00 $91,606.00 4,500.00 $166980.71 25 Whitne Crawford Com. Centre Res. Fd $17,310.10 10000.00 Electrical 10,000.00 5,000.00 1134 5000.00 350.00 $12660.10 27 Kin. San.& Storm Sewer Res. Fd $415,014.65 400,000.00 Connaught 12,000.00 utllitvVan 412,000.00 $0.00 100.00 $3114.65 28 Kincardine Water Reserve Fund $210,345.22 164019.00 OSTAR 164019.00 $0.00 1,400.00 $47,726.22 31 Kincardine Cern. Cap. Res. Fd $61,954.36 $48,045.00 Phase 1 exp 20,000.00 5551 $12000.00 Phase 2 axo 60,045.00 $20,000.00 900.00 $22809.36 32 Kincardine Landfill Res. Fund $145564.61 0.00 30900.00 4445 $30900.00 5,000.00 181,464.61 37 Ward III Rural Road & Brid es RF $620,125.41 25,000.00 Tiv Sto L his 25,000.00 $0.00 25000.00 $620 125.41 42 Inver. San& Storm. Sew. Res. Fd $126,272.73 2,000.00 Utility Van 2,000.00 $0.00 3500.00 $127772.73 47 Fish Conservation Reserve Fund $494.91 0.00 0.00 15.00 $509.91 49 Equipment Rept. Res. Fund $950,542.22 5,000.00 2225 12,000.00 Laptops 3,500.00 1118 198,947.00 Tanker 9,000.00 1120 20,000.00 BreathIng 2,500.00 1121 12,000.00 Camera 10,000.00 1122 105,000.00 Loader 95,000.00 2100 20,000.00 Utility Van 3,000.00 2251 26,750.00 3000 2,000.00 7111 1,BOO.OO 7313 372,947.00 $153,550.00 33,000.00 $764,145.22 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances Aug1f07 2007 Balance as of Trf from Res F 2007 Trffrom Res F Sub Total 2007 Trfto Res F 2<l07 Trfto Res F 2<l07 Trfto Res F subtotal 2007 Interest Balance "'anl,;;!UUf to revenue u.'" tOCaplIal "'''' cnanges Trom revenue ",po Trom caDlUll u.'" rromKest' Keserve cnanges trom Earned DecJ1st,2007 51 Rota Dock Reserve Fund $12576.82 0.00 $0.00 375.00 $12,951.82 52 Roads Ex enditure Reserve Fund $24,805.90 0.00 5150.00 3000 $5,150.00 900.00 $30,855.90 53 Airport Reserve Fund $48,717.71 0.00 3661 0.00 0.00 1,800.00 $50,517.71 54 Tiverton Cem. Ca . Res. Fd $86,589.62 0.00 $0.00 3400.00 $89989.62 55 Parkland Trust Reserve Fund $76,414.78 55,000.00 Tiv Parkette 9,000,00 7313 8000.00 EPB Bicvr.le 63000.00 $9,000.00 3000.00 $25,414.78 56 Kine Arts Facili Reserve Fund $1000000.00 42,000.00 1137 42,000.00 $0.00 42000.00 $1000000.00 57 Tiverton 5 arts Centre Res Fd $23,676.17 0.00 $0.00 800.00 $24,476.17 58 CapItal Expenditure Res. Fd $1,656,903.58 45,000.00 Loader 10,000.00 6021 1,197,847.00 DC Addition 1242,847.00 $10,000.00 40000.00 $464,056.58 59 Tax Appeal Omitted Assessment $13,056,497.84 1,650,000.00 0121 2,530,000.00 0121 ($117,000.00) 1,650,000.00 2,413,000.00 550000,00 $14,369,497,84 60 Tourism Res Fd $609 702.88 600,000.00 Info Bid 600,000,00 $0.00 15000.00 $24 702.88 61 Paisle FIre De t. Ca . Res. Fd $269.21 0.00 $0.00 10,00 $279.21 63 Trails Brid in RF $550.09 570.00 Geddes Br 570.00 $0.00 19.91 $0,00 64 Downtown Revitalization $50361.04 0.00 $0.00 1,500.00 $51861.04 65 Tax Mitigation RF $2,021,339.56 100,000.00 7470 337,500.00 1112 12,000.00 7470 100,000.00 7470 22000.00 7470 234,000.00 $337,500.00 90000.00 $2,214,839.56 66 Kine. Health Care RF $1 784 723.48 200000.00 $200,000.00 54000.00 $2 038 723.48 67 Mun Sewer RF $867,557.03 223,366.00 Huron Terr 477,379.00 4411 44,450.00 LakeSt 15,000.00 Pumpg Stn 50,000.00 Drainage 288366.00 $521,829.00 26000.00 $1 127020.03 Pipeline 68 Water Res Fund ($349,821.39) 184,915.00 Meters 588,994.00 4425 3,000.00 Hookups 220,833.00 HuronTerr 11,100.00 Underwood 130,000.00 Reservoir 12,300.00 Scott's PI 11,100.00 OversllrePlpes 29,400.00 LakeSt 20,000.00 Scott'sPt 566,848.00 $644 794.00 (10,000.00\ 1$281,875.39 69 Marina Res Fund $14,197.93 $0.00 425.00 $14622.93 70 Tiverton Ene Fesitval $15,186.49 0.00 $0.00 4,550.00 $19 736.49 71 Federal Gas Tax Res Fund $60,110.28 28,000.00 Cap Asset 32051.00 Kine Ave 60051.00 $59.28 72 Recreation Facilit Reserve Fund $0.00 $117000.00 $117000.0.0 $117,000.00 Total of Reserve Funds $24,244,547.28 $1.952,672.00 $4.153,730.00 $6,106,402.00 $4,422.314.00 $467,390.00 $0.00 $4.889,704.00 $914,762.25 $23,942,611.53 Total KBT Reserve Funds Total Ward 1 Reserve Funds Total Ward 2 Reserve Funds Total Ward 3 Reserve Funds Total Reserve Funds Total Reserve Funds as above Less: Tax assessment Total Net Reserve Funds Total Net Reserves 2007 Balance as of Trf from Res F Jan 1, 2007 to revenue $24,244,547.28 $1,952,672.00 $1,470,316.69 $15,000.00 $32,787.36 $0.00 $62,768.95 $0.00 2()07 Trffrom Res F Dept to capital THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances 2007 Trfto Res F from revenue Dept 2()07 Trfto Res F from capital $4,153,730.00 238,397.46 $0.00 46,500.00 Dept Sub Total changes $4,422,314.00 $10,173.00 $0.00 $0.00 $467,390.00 $143,104.00 $0.00 $0.00 subtotal 2007 Interest Earned Balance Dee 31 st, 2007 $23,942,611.53 $1,410,021.23 $33,787,36 $17,748.95 $25,810,420.28 $1,967,672,00 $25,810,420.28 13,056,497.84 $12,753,922.44 $12,753,922.44 3,322,775.87 $16,07_~,698.31 $4,438,627.46 $6,106,402.00 $253,397.46 $0.00 $46,500.00 $0.00 $6,406,299.46 $4,432,487.00 $0.00 $610,494.00 Dept $0.00 $4,889,704.00 $914,762.25 $153,277.00 $39,825.00 $0.00 $1,000.00 $0.00 $1A80.00 $0.00 $5,042,981.00 $957,067.25 $25,404,169.07 $25,404,169.07 14,369A97.84 $11,034,671.23 $11,034,671.23 $2,074,480.81 $13,109,151.84 Net Change ($1,719,251.21) (1,248,295.26) ($2,967,546.47)