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HomeMy WebLinkAbout07 333 Amendment (2) to the 2007 Taxation By-law . . . . THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE BY-LAW No. 2007 - 333 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) Huron Terrace Paving - Expenditures by $17,352 - originally presented as a decrease in spending on Loader -will require more funds from Road RF and less from Equip repl RF; ii) Paving - various Road segments - Expenditures by $82,120 in total. Deferral of Spruced ale, Reallocation of $50,000 from Sidewalk capital, Transfer from KWTP $10,250 for KWTP parking lot, Contributions from others for work done on their behalf $12,900 and transfer from Webster paving of $8,970. Allocations of original budgeted funds amongst individual streets also required; Iii) Cemetery Expansion - Expenditures of $15,500 to be transferred from Cemetery Capital Reserve Fund; iv) PW Equipment - All except for $2,355 available between projects, Reallocate funds between pieces of equipment and transfers from Reserve Funds to cover expenditures; .../2 . v) vi) vii) viii) ix) . x) Page 2 Amendment (2) to the 2007 Taxation By-law By-law No. 2007 - 333 KCMC - Capital Work - Expenditures of $45,000 to complete investigations. Funds $20,000 from Ward 3 Roof and $25,000 from Health Care Reserve Fund; Concession Road 2 Improvements - Developer increased scope of project by $130,000 to be funded entirely by Developer; Davidson Centre Pool Roof - Additional $9,000 to be funded from excess funds in Agricultural Roof Project; Phase 3 Reunion Park - Additional $35,000 to be funded from excess funds in Agricultural Roof Project; KCMC Mould Remediation/Relocation - Expenditures of $128,048 to be funded $85,000 from Health Care Reserve Fund, MAC $15,000, Women's Institute $12,000, Ward 1 Landfill $9,000, Ward 2 Landfill $3,524 and Ward 3 Landfill $3,524; Sidewalks - Expenditures of $59,328 to be funded from deferral of Webster leaving Webster with $6,700; xi) Airport Vicinity Mapping - Expenditures of $9,000 for a transfer from Ai rport Reserve Fund; xii) Council Remuneration - Expenditures of $59,000 to be funded from deferral of Hamlin St $10,000, excess funds in Agricultural Roof $25,000, excess funds In Tiverton Arena compressors $10,000 and transfer from Physician Recruitment of $14,000; xiii) Pavilion Kitchen - Expenditures of $35,400 to be funded 100% from Trillium Grant. 2. That this by-law shall come into full force and effect upon its final passage. 3. This By-law may be cited as the "Amendment (2) to the 2007 Taxation By-law". . D a FIRST and SECOND TIME this 17'h day of October, 2007 90-.- ir..LJj~ Clerk READ a THIRD TIM INALL Y PASSED this 17'h day of October, 2007. . ~~~ Clerk DEPARTMENT Opening (surplus) REVENUE Taxation Revenues (Supp, W/O, PIL) General revenues (1112) COUNCIL , ,. Mayor & Council (11'nf' ADMINISTRATION Administrator (1118) Human Resources (1119) Clerk (1120) Treasury (1121) Information Technology (1T)(1122) Heallh & Safety (1123) Capital Asset Mgmt (1124) (PB) Election (1125) Accessibility (2226) FACILITIES f._~rn)niSJ~ti~n_,Ce'ntr~_-(112~i -, Underwood Town Hall & Cornm Ctre (1128,1129) '.'c.,--::-".-- _: A~~~:l(: (11~O___________:' . ,_ :::--)~M9\f(Wc:lJ'l1_en_~~ Il}st -ttl~1J~, Locum House (1135) HEC Admin Building (1136) Lighthouse (1138) Kincardine Library (7465) ...--.- _}"iv.~rt~1"1 ~ibrarYJ7~__~~) . .Medical clinics (1133,1142) PROTECTION TO PERSONS <Kin Fire Dep\.(21 OO:217~) Paisley Fire Dept. (2213) Police Services Board (2220) Policing (2221) Emergency Planning (2225) SVCA (2231) Mvsis Rescue Boat 122511 Sub*total ooerating budget MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment#~eQSL("O OPERATING BUDGET 2007 SUBMISSION REVENUES ($1,000,000 2007 TRF FROM RESERVE 2007 TRF FROM RES FUND 2007 SUBMISSION EXPENSES 2007 TRF TO RESERVE 2007 TRF TO RES FUND This is Schedule ~ " to By-Law o::1.cD~'- Oct 17/07 No. .~"" passed the ~ day of (\.-t,,\j.p,.. 200g ('<') ./\ y~ M""",-~Qcyb4 6 ... erA. ~ NET . BUDGET $ Channe % Chanae ($1,720,400 $720,400 -41.87% 2007 NET BUDGET 1$1,000,000 ($4,863,350) ($1,650,000) $2,530,000 ($3,983,350) ($2,870,688) ($1,112,552) 1$4,380,200 ($21,165 $178,165 $337,500 1$3,885,7001 ($3,751,249 ($134,451 1$9,243,550 $0 ($1,571,155 $178,165 $0 $2,857,500 1$7,869,050 ($6,621,937 ($1,247,113 18.83% .. .'" ""1",,,, . I,"':',' . .n'$257,444 ' 'i'i.' .i,,' ." 'i' <' $257,444 '$180:168 $76:676 :42.42% ($3,960) ($17,883) ($10,034) {$31,877 ($86,645) . ($32,350) ($900) ($8,000) ($5,300) ($27,000) ($1,400) ($36,300) ($6,402) ($100,230' ($296,527 ($8,000 ($11,320)'" ($3,500) ($47,304) ($95,000) 1$5,183 ($162,307 ($9,734,261 $0 ($8,000 $0 $180,212 ($507) $50,678 $337,239 $575,374 $18,370 $13,864 $112,412 $1,200 $5,581 ($507 $1,294,930 . $343,349 $81,431 $8,500 $28,337 I $24,951 $6,386 $7,530 $62,982 $25,447 $21 i ,597 $800,510 . ($85,006' $85,000 . $566,370 $24,965 $15,918 $2,045,604 ($5,000) $153,128 $210,353 $11,682 ($5,000 $3,029,020 1$1,761,672 $5,560,069 $5,117 $390 $12,208 $7,892 $10,000 $44 $88 $18,000 $18,000 $35,739 I . $960 '. $442 $2:~~: I $5,150 $282 . $15 $32:800 $0 $43,485 . $100,357 . $46 $956 $3,000 $0 $104,359 $18,000 $3,051,084 $185,329 $50,561 $345,487 $565,383 $28,370 $13,908 $102,466 $19,200 $5,581 $1,316,285 $257,66-4 $49,523 $8,500 $21.606 . $21,319 1$20,614) $11,280 $26,964 $19,060 $59,167 $454,469 $855,407 ..... ... $24,965 $12,464 $1,999,300 $54,084 $210,353 $9,499 $2,966,072 $162,271 $44,794 $335,425 $539,062 $16,500 $11,561 $0 $18,000 $5,418 $1,133,031 $239,520 . $34,526 $0 $17,277 $0 ($38,350) $5,500 $18,141 $6,740 $1~,627 $299,081 $599,70t $22,483 $15,251 $1,899,435 $2,158 $185,141 $8,235 $2,732,410 $23,058 $5,767 $10,062 $26,321 $11,870 $2,347 $102,466 $1,200 $163 $183,254 14.21% 12.87% 3.00% 4.88% 71.94% 20.30% 100.00% 6.67% 3.01% 16.17% $18,14:41 '......Y7,SB% $14,997 43.44% $8,500 100.00% $4:328 ... i!;,i61{% $21,319 0.00% $17,736 .46.25% $5,580 101.43% $8,823 48.64% $12,320 182.79% $43,540 278.620/, $155,388 51.96% $55,700 $2,482 ($2,787) $99,865 $51,926 $25,212 $1,264 $233,662 1$2,874,780' 1$2,276,647 1$598,133' 9,28% 11.04% -18.27% 5.26% 2406.21% 13.62% 15.35% 8.55% 26.27% ...2 Oct 17/07 PAGE 2 MUNICIPALITY OF KINCARDINE . 2007 FINAL APPROVED BUDGET Amendment #3 ~eQSL'h-j) OPERATING BUDGET Sub-total 0 eratin bud et 2007 2007 2007 2007 2007 2007 2007 2006 SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRF TO NET NET REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ CHANGE % CHANGE ($24,$30) ')j;Z}~)j34 $43,362 '$1.7~3,96& $G:30,~01 $3;759 Q.2~% $416,691 $796 $417,487 $435,978 ($18,491) -4.24% $20,352 $20,352 $17,304 $3,048 17.61% $26,167 $337 $26,504 $25,086 $1,418 5.65% ($141,400) $141,388 $12 $0 $0 $0 0.00% ($85,29~) "($9,OOOj :'$j72,49.8 J@} .. $78,27.9 $81;17~ .... ($2,897) >-~3-~5~%- ($1,047,922) $568,167 $479,755 $0 $0 $0 0.00% ($10,000) $48,586 $187 $38,773 $9,121 $29,652 325.10% ($84,300) $112,100 $27,800 $1,074 $26,726 2488.45% $0 $0 $0 $0 0.00% ($1,264,400) $671,834 $592,566 $0 $0 $0 0.00% ($212,000) $119,429 $92,571 $0 $0 $0 0.00% ($35,000) $323,124 $141 $288,265 $278,463 $9,802 3.52% ($185,000) $227;002 $32:0~~ $74,062 . $~Z'348 i$Z1,714 '41"'.48,%' ($45,000) . '$81,907 $3) ,294 $68,201 $&.3,099 $5,192: 8.09% ($35,000) $8'M95 $31;m. $80,818 .$8.M4~' $14, 17~ 2_t~7.%~ $53,955 $138,935 $20,875 $105,855 $73,895 $31,960 43.25% $3,223,802 $0 $9,000 $4,867,809 $0 $1,325,355 $2,960,362 $2,834,394 125,968 4.44% $12,958,063 $1,770,672 $10,427,878 $18,000 $4,376.439 $85,582 $557,747 $472,165 -84.66% ...3 DEPARTMENT PUBLIC WORKS .' .:. '.' : Roads (3000-3362) Mechanic (3400 - 3499) Disability Transportation (3590) Crossing Guards (3614) ..y-__t,,~tr~_e_tlighting (3651) _ _.. ., . ':; Airport (3661 8. 3662) . ..... . ., . San. Sewers (4411) Storm Sewers (4421) Municipal Drains (4422) Tile Drainage (4423) Kincardine Waler (4425) Tiverton Water (4426) Garbage Collection (4441) ,. Ward 1 'landfill Site (4445) Armow Landfill Site (4446)' .. .. ..,'Bruce landfill Site (4447) . Cemeteries (5551) DEPARTMENT RECREATION & CULTURE Underwood Communty Centre (1127,1129) Tiverton Lions Hall (1132) Whitney Crawford Com Ctre(1134) Arts Facility (1137) Brucedale Com Centre (1143) Paisley Recreation (7008) _ "f!yerton~e9~?,~~~.t~_p~010) Da"ids()l1~em~.J?~ltiIQ?1)-"_ Recreation (7111-7199) Parks (7313-7321) Trails (8037) Communities in Bloom (7350) Kincardine Marina (7460) Heritage Kincardine (7468) Community Grants (7470) TOURISM _ _ ' _ _" _ I_ Tourism (803F8044)-_ Kin Fish Derby (8101 - 8105) KSF (8201 - 8206) PLANNING & DEVELOPMENT Building Department (2241) Small Animal Control (2244) N utrient__rv1Cl~<3!;t~_'-!;~,~.!__(~_~?.Q) 'Planning&Zhrin_g_{80tt)~:- ~Conomic_ Dev_E!J~prpe_~H130-?11- B.lA (62) Late Adjustment for Liab Ins Total Ooeratina Budaet 2007 SUBMISSION REVENUES ($5,425) ($140) ($5,400) ($21,500) , ($11 0 ,6~0)1 ($433;~00) I ($299,850) ($43,650) ($321,550) ($840) ($10,000; ($1,252,305 ._-_C.I*51,.~PP) {$62 ,600) ($165,500 ($279,300 ($182,500) - - ($17,OIl0) - ~~~~:~~~) ($248,925 ($14738,593\ Page 3 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment #3(r""",9,{,,/ ') OPERATING BUDGET 2007 TRF FROM RESERVE 2007 TRF FROM RES FUND ($42,000) I ($234,000 $0 $276,000 ($25,000) n_ ($25,000 - '" $0 1$15,000 2007 SUBMISSION EXPENSES - $10,747 $2,015 $5,965 $62,160 $6,588 $6,500 $159,140 $1,149,4191_ $494,425 $486,756 $25,407 $14,300 $311,377 $5,530 $345,190 $3,085,519 $324.946 $62,600 $164,500 $552,046 - $0 $289,983 $18,502 $0 $116,862 I $95,131 I $29.425 $552,503 1$42,000 ($33,000) ($2061 6721 $14575946 2007 TRF TO RESERVE $0 - " $1,000 $1,000 __ -I 2007 TRFTO RES FUND $51 $5,000 $1,340 $20 $6,780 I $5,349 $13,548 $188 $10,173 $42,449 ,$1,313 $1,313 $2,804 $1,003 $20,614 $0 $24.421 $19,000 $4.444,622 Oct 17/07 2007 2006 NET NET BUDGET BUDGET $ CHANGE % CHANGE $5,373 $4,954 $419 8.46% $1,875 $1,735 $140 8.07% $5,565 $3,495 $2,070 59.23% $0 $0 $0 0.00% $6,608 $9,744 ($3,135) -32.18% $6,500 $6.500 $0 0.00% $48,490 $41.490 $7,000 - 16.87% $~22;8~f $645,116 *j1S8~ - 1i.~5% $199,924 $194,485 $5,439 2.80% $456,654 $366,048 $90,606 24.75% $25,595 $21,967 $3,628 16.52% $14,300 $8,100 $6,200 76.54% $0 $0 $0 0.00% $4,690 $4,560 $130 2.85% $101,190 $65,450 $35,740 54.61% $1,599,663 $1,374,244 $225,419 16.40% ~2~o,g~ij- - $2~9,344 ...........$1P/115 -",:'4::_~_8_~_ $0 $0 $0 0.00% $0 $0 $0 0.00% $250,059 $239,344 $10,715 4.48% $110,281 $115,028 ($4,741) -4.12% $18,502 $17,964 $538 2.99% $0 $0 $0 0.00% $10~,866 $87,719 . $ii;:f4!l ;-_f!.-2fo/~- J81,m $13,16Q $8,.186 t1.-190/0' $0 $0 $0 0.00% $312,999 $293,871 $19,128 6.51% 1$42,000' $0 1$42,000 -100.00% $2,206,303 $2.465,206 ($258 903\ -10.50% ...4 Oct 17/07 PAGE 4 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment #3 lrec-aSu"f) CAPITAL BUDGET 2007 2007 2007 2007 2 007 2 007 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 $ Channe % Chance General Government P~Y!i,i~i#o~'g~cruitrn~nJ ---,--- : ($25,000) .' $162,000 I .......... S.l,'l7,QOQI..... .... -. ...;;: .".:: i:, ... W.E. Thompson ($12,000 $52,800 $52,8QQ Lap Top computers (PB) 512,000 $Q $Q 1$25,QQO $Q 1$12,QQQ $226,80Q $Q $Q $189,8QQ $235,500 {$45,700 -19.41% CAO ($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) ($19,000' $51,500 $32,500 $0 $0 1$19,000 $0 $51,500 $0 $0 $32,500 $84,600 {$52,100 -61.58% TreasUlv ($7,000' 1$28,000' Capital Asset Mgmt Software $35,000 $Q $Q $Q 1$7,000 1$28,000 $35,00Q $0 $0 $0 7,000 ($7,000 100.00% Information Technoloav Microsoft Office Licences ($30,000) $30,000 $Q IT Review ($35,000) $35,000 $0 New Server i$12,000' $15,000 $3,QOO $0 $Q $77,000 $0 $8Q,00Q $0 $0 $3,000 $72,000 $69,000 -95.83% Health & Safety H & S Training of New Members $12,000 $12,000 $1,000 $11,000 100.00% Facilities Lighthouse Roof (carryover 2006) Annex Roof (carryover 2006) Underwood Hardwood Floor (PB) Weslario Generator KCMC Sound Transference KCMc~watar&mfJ~id)S!i~es,:- ,:-""-' Kincardine Library Roof ele WfRoof . - - Locum House - sale/purchase , -- - - __.1 ($500,000) $0 $500,000 1) . $193,911 $26,000 $125,000 $40,000 $31,000 ($25,000) $25,000 ..... ... ($25,00Q) $45,000 . ... >" $20,000 I $40,000 .. .... $300,000 $200,000 ($50,000 $552,000 $0 $200,000 ($90,000 $1,057,300 $0 $200,000 $1,000 $0 $0 $31,000 $0 $20;000 $16,089 $40,.0.00 .. .. $0 $108,089 $ , , -- , 385,728 1$277,639 -71.98% ($25,000) ($125,000) ($40,000) BuildinCl $0 $0 $0 $0 -100% Subtotal Capital Budqet $0 ($525,000 ($296,911 ) $345,389 $878,703 '$533,314 ~60.69% DEPARTMENT & PROJECT Arts Centre Kincardine Fire Deoartment Tanker 11~4 Breathing apparatus Thermal Imaging Camera Vehicle Exhaust System Police Sauaeen Vallev Conservation Floodplain mapping (PB) Shoreline Mapping (PB) Mvsis Ward 3 - Municioal Drains Drain #19 Drain #20 Inverhuron Drain Roads H~fQ_~~:!~~~:(p$r'_ Sunset (PB) We~s1er:- --- Whispering Woods Huron Terrace Bridge i<in~~'f~j~eAve --- - - - HunterSt Huron Ridge tWams:'iI~jf.&Sid~~~ik Du'!1a-!ll~tWatQr'Plant SR15- _ ~~acJ~YJr()I1l.-M~:~1-1o_.Qu_~I1_-$( ~~robton}rbrll:_f>rin~~5:10_-:9ue~n SprU~cJa_leJr9rfl-:Da,lton:tb_End bu-,l1<!llJl~a~ket$_q~a.re __ - \NJckh13.mJrom:-Rae_Jo--Webster ......"., .,..,......---.-------.-. ---... Smith from Main to Maple Inverhuron drainage work T_!~El_rt~_n,?t()p Ligh,t,~..-,fy1_~,~,_s~~~re 9i~e,^,~I~_- '. ~-_ {:'~.~ -O' _,- .." CQ~<;e~i~,-"-_? ;~ _hl)p(q~~!riell~~ Subtotal Caoital Budaet UCO JANlI07 2007 SUBMISSION REVENU ES PAGE 5 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment #3 (rh'Q$U"{) CAPITAL BUDGET 2007 TRF FROM RESERVE $0 ($215,000) - 1- - - I 2007 TRF FROM RES FUND ($17,352) ($22,587) '<AO oon' _,n ,..^, "<"' '-- $9,114 ($8,000) , 1_ ., I I . ($130,075) ($268,168 ($215,000 ($6,500) ($211,947) ($20,000) ($12,000) ($6,500 ($243,947 $0 $0 ($10,500 ($6,053) ($10,500 ($6,053 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($19,489) ($569,289) $39,461 ($39,461) $0 $0 $19,972 ($608,750 '($13_9,189) I ' I, 1 -: -- - - - I ($61,134)1 _ $01 ($6,134) ---I I I I I I 1,800: ($1,100: - - ($1tO,103 ($1,401,918 I. I I ($528,911 ) '000 nM' , ($217,939 ($557,939 2007 SUBMISSION EXPENSES $220,000 $20,000 $12,000 $45,000 $297,000 $0 $6,053 $10,500 $16,553 $0 $629,243 $0 $629,243 $407;352 I $69,430 , $6,702 $32,500 . $20,000, _ . $45,650 I $71,390 . $30,090 I $11,160 I $65,600. $317,500 $527,900 . '$61,3501- - $0 I - $67,000 I $12,000 $94,000 $20,000 $25,000 - -~ '$~8,,f68 $180,000 $2,155,612 $4,155,708 2,007 TRF TO RESERVE $0 $0 $0 $0 $0 2,007 TRF TO RES FUND $0 $0 '$;~ $76 .'. I I I I I I I, '. $0 $0 '-' ..... .- '. $140 $200,140 2007 NET BUDGET 2006 NET BUDGET $0 $0 $0 $0 $1,553 $0 $0 $45,000 $46,553 $66,053 $0 $0 $0 $0 $0 $0 $0 $0 $26,500 $0 $0 $40,485 $0 $0 $40,465 $0 $0 $88,547 --- - - - $35,811 I $8,366 $6,702 - $_3,849 I $20,000 $0 $74,300 $30,000 " :~::~~~ I '",1' , $210,150 1 L ,- $:~~:~~~ I , " _ I :~~:~~~ I ',', I $94,000 $21,114 $0 $88,168 $0 $1,324,570 ,,, :-c' - :'--1 ,,-: ' ',' .1 $ Chanae Oct 17/07 % Change $0 100% $19,500 100.00% $0 100.00% $26,500 -100.00% $0 0.00% $48,082 0.00% - - - '- I- I ,.' -- ":,-- '. ' 1- --"_ I" '.,.' I _- I ' , I , : I $730,299 $594,271 $1,756,977 $1,790,102 "1,37% ($33,125 -1.85% ",,6 Oct 17/07 PAGE 6 MUNICIPALITY OF KiNCARDINE 2007 FINAL APPROVED BUDGET Amendment #3 (rye-CIS",r,!) CAPITAL BUDGET 2007 2007 2007 2007 2007 2007 2007 2006 UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET DEPARTMENT & PROJECT JANlI07 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ Channe % Chanae Roads - Eauioment '''' Mm Tandem Plow-Sander Truck I, $78,332 ..' $7,332 ','"., i....... Ii CaseToadEii- '. ($141,337) $14j;~~il." '.' $0 .PiC~~lIP-,A,1'nold .. I~\,< .. ). .......!!? ($26,738) $?6'7'3ll " $0 1..< i .'.'i>;' On~:!?~::"[U!ck .... '($20,606) . '$50,606 i.. $30,MO 1<.." I I.. '.'".: ~i'~~~~p>:p~le:~---:' ....)., .' . ;i$2)l;067' . $31;322 '. i. .. .. $2,3SS oj' .... .;..... 'd" $0 $0 ($71,000 $217,648 $328,335 $0 $0 $39,687 $250,000 1$210,313 -84.13% Streetliahtina ($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 Svstem OST AR General ($680,714) $680,714 $0 OSTAR Kincardine Water Treatment Plant $2,105,200 ($1,089,021) ($164,019) $47,831 $0 OST AR Pipeline $1,009,260 ($323,864) ($1,678,405) $3,000 $0 OST AR Underwood $108,827 ($108,827) $0 OST AR Scott's Point $213,360 ($213,360) $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 $19,107 ($10,107) $0 Lower Beach Road - UCO $4,763 ($4,763) $0 Meter Replacement Program (PB) . ($184,915) $184,015 $0 Lake St Servicing (PB) $4,320 ($141,400) $107,680 $20,400 $0 Watermains - Huron Terrace ($220,833) $220,833 $0 ReselVoir Cleaning ($130,000) $130,000 $0 Utility Van (66.7%) ($20,000) $20,000 $0 Oversizing Pipes For Future Dey. ($11,100) $11,100 $0 Scott's Point Water Quality Upgrade I, ,.. ($20,000) .... '. $20,000 ... m $0 W~ter)~re~trl1entP)Cl~fpkg'b~( .- -- --- .. .... .' < i$10,250 $10,250 . '. ..... $0 $3,864,240 /$2,305,364 $0 1$761,117 /$930,560 $0 $222,800 $0 $0 $0 0% Tiyerton Water System UCO,OSTAR $152,263 ($146,877) ($5,386) $0 Briar Hill Well #2 (PB) ($60,000) $60,000 $0 Standby Well (PB) ($60,000) $60,000 $0 Replacement Vehicles - 3410 . ($3,000 $3,000 $0 $152,263 $146,877 $0 1$128,388 $123,000 $0 $0 $0 $0 $0 0.00% Subtotal Canital Budaet $3,006,400 1$3,044,150 ($500,011 ($1,665,000 $3,687,484 $0 $422,040 $1,807,664 $2,047602 ;$230,038 -11.72% ...7 Oct 17/07 PAGE 7 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment #3 Qrrosuy'() CAPITAL BUDGET 2007 2007 2007 2007 2007 2007 2007 2006 UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET DEPARTMENT & PROJECT JAN 1/07 REVEN UES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ Channe % Chanae Sanitarv Sewers (941) Queen 8t Sewers $28,369 ($9,339) ($19,030) $0 Lower Beach Road $5,297 ($5,297) $0 Lake St North (PB) ($159,600) $115,150 $44,450 $0 Huron Terrace Main Rep! (PB) $2,904 ($223,366) $220,462 $0 Huron Terrace Sanitary Pumping Stn (PB) ($15,000) $15,000 $0 Connaught Trunk Sewer Line ($400,000) $400,000 $0 Utility Van~ repl3410 (41%) ($16,000) $16,000 $0 Connaught Drainage Study i$50,000 $50,000 $0 $36,570 1$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 3 lanfill 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 "'.,. " I $0 1-.,..""". Wf:~~p_~nsioii P"hase'2 , $0 I" >,"-, ($27,500 $148,000 . $120,500 .', I, .,. .i $0 $0 $0 $75,545 $196,045 $0 $0 $120,500 $57,000 $63,500 111.40% Whitnev Crawford Comm Ctre 1$10,000\ Electrical upgrades $10,000 $0 $0 Brucedale Communitv Ctre $0 $0 Davidson Centre Addition ($50,000 PB) 1'- ...,. ($270,502) ($1,306,498) $1,577,000 $0 ..., Pq:pl~oo( - - ... ($53,500) . $~O,oijo , $16,500 . ."., .... New Arena Compressors $50,000 $50,000 Boiler $200,000 $200,000 Kitchen upgrades ($23,000) $30,000 ..$117,000 $7,000 ~_~r:;re~tion_FClcHity_- Trt~__Re~ __F~~_d_ . ,'. ..... I.,..,.... , 17,000) $0 .. ." .' 1,,'- .... HamlinSt I . . $0 .'. '.. $0 .' " $0 $0 1$347,002 1$1,423,498 $1,927,000 $0 $117,000 $273,500 $272 ,363 $1,137 0.42% Tivert()_n,So_()!1s _q_e_n,tre ..... > . ,. 1$2,491 ... " $JO,OOO I.. ... ......... ..... $7,509 I ........ '.. F..... I>... W<:lrk:~Jl Compressors (flB) $0 $0 1$2,491 $0 $10,000 $0 $0 $7,509 $30,000 -7$22,491 -74.97% Recreation 1$5,000 Running Track $0 $10,000 $10,000 $15,000 -33.33% Sub-total capital budget $3,942,970 1$4,113,098) ($949,404 1$3,905,499\ $6,659,814 $0 $584,390 $2,219,173 $2,421,965 ($202,792 ~8.37% ,,,8 DEPARTMENT & PROJECT Parks Light Standards at Connaught Park ~~-LlHi~'ri:Pai1<~~, PHase:~:-: ._-.- ~-:":c.-,:~"~-- Playground Upgrades Fence & Bleachers - Tiverton t{~oiAgricuIt.llr8TBU!)~.I~if~c::-- '-. EPB Bicycle Park Tiverton Parkette Kincardine Soccer Field Trails Geddes Park Footbridge (PB) Lome Creek Footbridge lnverhuron Trail Plannina Official Plan Zoning By-law OMS Hearing Zoning By-Law Update Natural Heritage Study Develooment Millenium Way North Project (PB) Business Park Study _~~y!!ioifRitchen T Durist Develooment Tourism & Info Bldg.lSetv. Signage Program Seasonal Decorations TOTAL CAPITAL BUDGET Total Operatino & Capital Budoet UCO JAN1/07 ~ ($450,424) ~ I ~ ($450,424 2007 SUBMISSION REVENUES n ~_~ PAGE 8 MUNICIPALITY OF KINCARDINE 2007 FINAL APPROVED BUDGET Amendment #3IJr-casu,,/) CAPITAL BUDGET 2007 TRF FROM RESERVE I $0 1$35,000 $69,043 2007 TRF FROM RES FUND ($5,172) ,.. ,,^", ($55,000) $68,172 ($31,242) ($31,242 ($10,000) ($10,000 ($735,000) $735,000 2007 SUBMISSION EXPENSES $15,000 $317,857 ~ $25,000 $20,000 $31,000 $8,000 $55,000 $35,000 $506,857 $52,100 $115,000 $12,000 $179,100 $0 $49,908 $32,812 $25,000 $35,000 $142,720 I $0 $0 $0 1$35,400 ($35,400 ($35,000) $0 1$35,000 $0 ($64,000) i$12,000\ 1$76,000 $320,500 _$11),000 I . . $35,400 $365,900 $721,820 $80,000 $22,127 $823,947 $3,492546 1$4,183,498' 1$1,234,294 1$4,749,913 $8,678338 $0 ($49,908) ($32,812) ($10,000) ($25,000 $117,720 $3,492,546 1$19,922,091' 1$1,267,294' 1$6,811,585 $23,254,284 . $0 ($22,127 1$22,127 2007 TRF TO RESERVE HI $0 2007 TRFTO RES FUND ~ ~ ~ . ." I I ~ . $0 $0 $0 $0 $129,924 ~ $129,924 $13,180 $0 $13,180 $0 $727,494 $19,000 $5,172,116 2007 NET BUDGET $0 $312.6851 ~ .. $5,957 $20,000 I ~. ~ $31,000 I $0 $0 $0 $369,642 $0 $20,858 $51,000 $0 $71,858 $0 $0 $0 $15,000 $10,000 $25,000 $0 $0 I ~ $0 $0 $0 $45,000 $0 $45,000 $2,730,673 $3,936,976 2006 NET BUDGET ~ I ~ $428,065 $69,500 $40,000 ~ $56,000 $67,872 $ Chan"e 1$58,423 $2,358 ($15,000 1$56,000 $3,083,402 1$352,729 1$22,872 $3,828.208 $108,768 Oct 17/07 % Chanae I . .. ~ ~~~.~..~: -13.65% 3.39% -37.50% ~. ~ ~1 00.00% -33.70% -11.44% 2.84% Page 9 Municipality of Kincardine 2007 FINAL APPROVED BUDGET Amendment #3 Crn~CiSUY'l) 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 Residential tax rate Multi-Residential tax rate Com. ace. tax rate Com. vac. tax rate Ind. ace. tax rate Ind. vac. tax rate Farmlands tax rate Managed forest tax rate Oct 17/07 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 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 0.00403406 0.00403406 0.00497440 0.00348208 0.00705033 0.00458270 0.00100852 0.00100852 Proof $3,338,141 $38,747 $317,075 $2,554 $35,968 $8,830 $194,783 $878 $3,936,976 Total Residential & Farm taxes Total Commercial & Industrial taxes TOTAL MUNICIPAL TAXES COLLECTED $3,572,549 $364.427 $3.936.976 Page 11 Oct 17107 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE PROPOSED RESERVES BALANCES Balance as of Net Change Balance as of Reserves Jan 1, 2007 for the Year Dee 31st, 2007 Working Capital Reserve $455,358 $0 $455,358 Community Policing Reserve $9,515 $0 $9,515 Airport Gasoline Inventory Res. $5,000 $0 $5,000 Airshow Reserve $668 $0 $668 Canada Day Reserve $4,650 $0 $4,650 Tiverton Ball Light Reserve $5,000 $0 $5,000 Capital Reserve $1,951,322 ($934,265) $1,017,057 Defibrillator Reserve $1,062 $0 $1,062 Mural Painting Reserve $3,500 $0 $3,500 Soccer Fields Reserve $1,763 $0 $1,763 Tiverton Cem. Monument Res, $1,182 $0 $1,182 Election Reserve $41 ,360 $18,000 $59,360 Planning Reserve $0 $0 $0 Heritage Reserve $2,132 $0 $2,132 Tourism Sign & Map reserve $0 $0 $0 Kine Scottish 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 HEC Reserve $3,975,030 $0 $3,975,030 CT Scanner Reserve $0 $0 $0 Seasonal Decoration Reserve $22,128 ($22,128) $0 Total of Reserves $7,074,217 ($1,187,393) $5,886,824 Kincardine Reserves $7,074,217 ($1,187,393) $5,886,824 W1 Reserve $14,911 ($3,911) $11,000 W2 Reserve $80,239 ($14,500) $65,739 W3 Reserve $128,439 ($42,491) $85,947 Total Reserves $7,297,806 ($1,248,295) $6,049,511 Oct 17/07 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE PROPOSED RESERVES & RESERVE FUNDS BALANCES Balance as of Net Chanae Balance as of Reserve Funds Jan 1, 2007 for the Year Dee 31st 2007 12 KEDF 122,652 (97,651) 25,001 13 Future Employment Costs 501 (501) 0 14 Kincardine Marina Launch Ramp 4,372 175 4,547 15 Building 69,718 19,452 89,170 16 Arts Facility Committee 2,837 1,490 4,327 17 Workplace Ins Reserve Fund 174,791 47,723 222,514 18 Tiv. San.& Stonn Sew. Res. Fd 125,748 2,800 128,548 19 Port Bruce Cern. Cap. Res. Fd 4,449 160 4,609 20 Bruce Landfill Reserve Fund 61,334 20,900 82,234 21 Annow Landfill Reserve Fund 34,627 17,100 51,727 22 Scott Point Water Reserve Fund (58,760) 58,760 (0) 23 Underwood Water Reserve Fund (104,967) 104,967 0 24 Tiverton Water Reserve Fund 199,261 (32,280) 166,981 25 Tiverton Com. Centre Res. Fd 17,310 (4,650) 12,660 27 Kin. San.& Storm Sewer Res. Fd 415,015 (411,900) 3,115 28 Kincardine Water Reserve Fund 210,345 (162,619) 47,726 31 Kincardine Cern. Cap. Res. Fd 61,954 (54,645) 7,309 32 Kincardine Landfill Res. Fund 145,565 35,900 181,465 37 Ward 1Il Rural Road & Bridges RF 620,125 620,125 42 Inver. Sana Stonn. Sew. Res. Fd 126,273 1,500 127,773 47 Fish Conservation Reserve Fund 495 15 510 49 Equipment Rept. Res. Fund 950,542 (206,973) 743,569 51 Rotary Dock Reserve Fund 12,577 375 12,952 52 Roads Expenditure Reserve Fund 24,806 (11,302) 13,504 53 Airport Reserve Fund 48,718 (7,200) 41,518 54 Tiverton Cern. Cap. Res. Fd 86,590 3,400 89,990 55 Parkland Trust Reserve Fund 76,415 (51,000) 25,415 56 Kine Arts Facility Reserve Fund 1,000,000 1,000,000 57 Tiverton Sports Centre Res Fd 23,676 800 24,476 58 Capital Expenditure Res. Fd 1,656,904 (1,184,184) 472,720 59 Tax Appeal Omitted Assessment 13,056,498 1,313,000 14,369,498 60 Tourism Res Fd 609,703 (585,000) 24,703 61 Paisley Fire Dept. Cap. Res. Fd 269 10 279 63 Trails Bridging RF 550 (550) 0 64 Downtown Revitalization 50,361 1,500 51,861 65 Tax Mitigation 2,021,340 193,500 2,214,840 66 Health Care 1,784,723 144,000 1,928,723 67 Sewer Reserve Fund 867,557 259,463 1,127,020 68 Water Reserve Fund (349,821) 51,696 (292,125) 69 Marina Reserve Fund 14,198 425 14,623 70 Tiverton Energy Festival Res Fund 15,186 4,550 19,736 71 Federal Gas Tax Revenue Fund 60,110 (60,051) 59 12 Recreation Reserve Fund 0 117,000 117,000 Total of Reserve Funds 24,244,547 (463,846) 23,780,702 Total of Reserve & Reserve Funds 31,318,764 /1,651,238} 29,667,526 Kincardine Reserve Funds 24,244,547 (463,846) 23,780,702 W1 Reserve Funds $1,470,317 (44,282) $1,426,054 W2 Reserve Funds $32,787 1,000 $33,787 W3 Reserve Funds $62,769 131,758) $31,011 Total Reserve Funds 25,810,420 (538,866) 25,271,554 Kincardine Res & Res Funds 31,318,764 (1,651,238) 29,667,526 W1 Reserve & Reserve Funds 1,485,228 (48,174) 1,437,054 W2 Reserve & Reserve Funds 113,026 (13,500) 99,526 W3 Reserve & Reserve Funds 191,208 (74,249) 116,958 Total Res. & Reserve Funds 33,108,226 /1,787,161} 31,321,065 Less: HEC Reserve (3,975,030) (3,975,030) Less: Omittecl Tax Appeal Res F (13,056,498) 1,313,000 (14,369,498) Balance of Res & Reserve Funds 16,076,698 (474,161) 12,976,537 --------- Oeli?/O? THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Balances 2007 2007 Sub Tolal 2007 2007 Sub Tolal Balance as of Trf from Res Trf from Res Trf 10 Res Trf 10 Res Balance Reserves Jan 1, 2007 to revenue Depl to capital Depl from revenue Depl from capital Oept Dee 31st, 2007 Working Capilal 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 Dav 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 Laserfiche 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 Connaught Lights 19,043.00 Playground 64,000.00 Lome Creek Br 12,000.00 lnverhuron Trail 49,908.00 Official Plan 32,812.00 Zoning By-law OMB 10,000.00 Zoning By-law 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 Drift-in 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 Dec 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 T alai 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 Total W3 Reserves $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 $1,267,29526 $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 $3,322,775.87 $2,074,480.61 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances Oct 17/07 12 KEDF $122,652.25 108,651.00 DC Addition 108,651.00 10,000.00 8021 $10,000.00 1,000.00 25,001.25 13 Future EmDlovment Costs $501.11 507.00 1119 507.00 $0.00 5.89 0.00 14 Kincardine Marina Launch RamD $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 $89,170.14 16 Arts Facilitv Committee $2,836.93 0.00 1,340.00 1137 1,340.00 150.00 $4,326.93 17 Workolace Ins Reserve Fund $174,791.38 21,165.00 1112 21,165.00 60,748.00 140.00 60,888.00 8,000.00 $222,514.38 18 Tiv. San.& Storm Sew. Res. Fd $125,748.19 2,000.00 Utility Van 2,000.00 $0.00 4,800.00 $128,548.19 19 Port Bruce Cern. Cap. 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 monitor wells 12,000.00 30,900.00 4447 $30,900.00 2,000.00 $82,234.44 21 Armow Landfill Reserve Fund $34,626.56 15,000.00 monitor wells 15,000.00 30 900.00 4446 $30,900.00 1,200.00 $51,726.56 22 Scott Point Water Reserve Fund 1$58759.94 0.00 60,000.00 RF Pavout $60,000.00 1$1,240.061 1$0.00 23 UndelWood Water Reserve Fund 1$104,966.511 0.00 107,000.00 RF Pavout $107,000.00 1$2,033.491 $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 Power 3,000.00 Utility Van 128,386.00 $91,606.00 4,500.00 $166,980.71 25 Whitney Crawford Com. Centre Res. Fd $17,310.10 10,000.00 Electrical 10,000.00 5,000.00 1134 5,000.00 350.00 $12,660.10 27 Kin. San.& Storm Sewer Res. Fd $415,014.65 400,000.00 Connaught 12,000.00 Utilitv Van 412000.00 $0.00 100.00 $3,114.65 28 Kincardine Water Reserve Fund $210,345.22 164,019.00 OSTAR 164,019.00 $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 $27 500.00 Phase 2 exp 75,545.00 $20,000.00 900.00 $7,309.36 32 Kincardine Landfill Res. Fund $145,564.61 0.00 30,900.00 4445 $30,900.00 5,000.00 181 464.61 37 Ward III Rural Road & Bridpes RF $620,125.41 25,000.00 Tiv Stoo Lahts 25,000.00 $0.00 25,000.00 $620,125.41 42 lover. Sana Storm. Sew. Res. Fd $126,272.73 2,000.00 Utility Van 2,000.00 $0.00 3,500.00 $127,772.73 47 Fish Conservation Reserve Fund $494.91 0.00 0.00 15.00 $509.91 49 Equipment Rep!. 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 20,606.00 One Ton Truck 26,780.00 3000 2,000.00 7111 1,800.00 7313 393,553.00 $153,580.00 33,000.00 $743,569.22 2007 Balance as of Trf from Res F Jan 1, 2007 to revenue 2007 Trf from Res F Dept to capital Dept Sub Total changes 2007 Trfto Res F from revenue Dept 2007 Trfto Res F from capital Dept 20(17 Trfto Res F from Res F sub total 2007 Interest Gas Tax Ree Balance Dee 31st, 2007 Reserve Ocl 17/07 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances , , 51 Rotary Dock Reserve Fund $12,576.82 0.00 $0.00 375.00 $12,951.82 52 Roads Exoenditure Reserve Fund $24,805.90 17,352.00 Huron Terr 17,352.00 5,150.00 3000 $5150.00 900.00 $13,503.90 53 Airport Reserve Fund $48,717.71 9,000.00 3361 0.00 3661 9,000.00 0.00 1 800.00 $41,517.71 54 Tiverton Cern. CaD. Res. Fd $86,589.62 0.00 $0.00 3,400.00 $89,989.62 55 Parkland Trust Reserve Fund $76,414.78 55,000.00 Tiv Parkette 9,000.00 7313 8,000.00 EPB Bicvcle 63,000.00 $9,000.00 3,000.00 $25,414.78 56 Kine Arts Facility Reserve Fund $1,000,000.00 42,000.00 1137 42,000.00 $0.00 42,000.00 $1,000,000.00 57 Tiverton Sports Centre Res Fd $23,676.17 I 0.001 $0.00 800.00 $24,476.17 58 Capital Expenditure Res. Fd $1,656,903.58 36,337.00 Loader 10,000.00 8021 1,197,847.00 DC Addilion 1,234,184.00 $10,000.00 40,000.00 !~fr!i!~~'~-!llI'$1 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 2,413,000.00 550,000.00 $14,369,497.84 60 Tourism Res Fd $609,702.88 600,000.00 Info Bldn 600,000.00 $0.00 15,000.00 $24,702.88 61 Paislev Fire DeDt. Cae. Res. Fd $269.21 0.00 $0.00 10.00 $279.21 63 Trails Bridaina RF $550.09 570.00 Geddes Sr 570.00 $0.00 19.91 $0.00 64 Downtown Revitalization $50,361.04 0.00 $0.00 1,500.00 $51,861.04 65 Tax Mitigation RF $2,021,339.56 100,000.00 7470 337,500.00 1112 12,000.00 7470 100,000.00 7470 22,000.00 7470 234,000.00 $337,500.00 90 000.00 $2,214,839.56 66 Kinc. Health Care RF $1,784,723.48 :,,: :;11$'.000.00 :11~,!':' !!!$1I.$OOJOOitKCMtIlQjlIIl, 143,500.00 200 000.00 $200,000.00 54,000.00 ,:$1\895\22c3t48 67 Mun Sewer RF $867,557.03 223,366.00 Huron Terr 477,379.00 4411 44,450.00 Lake 51 15,000.00 Pumpg Sin 50,000.00 Drainage 288,366.00 $521,829.00 26,000.00 $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 Huron Terr 11,100.00 Underwood 130,000.00 Reservoir 12,300.00 Scott's PI 11,100.00 Oversize Pipes 29,400.00 Lake 51 20,000.00 Scott's PI 10,250.00 Parkina Lot 577,098.00 $644,794.00 110,000.00\ 1$292,125.39 69 Marina Res Fund $14,197.93 $0.00 425.00 $14,622.93 70 Tiverton Ener~y 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 22,587.00 Whispering 107,350.00 sR15 45,650.00 Kinc Ave 203,587.00 143,536.00 $59.28 721 Recreation Reserve Fund $0.00 $117,000.00 $117,000.00 $117 000.00 2007 Balance as of Trf from Res F Jan 1 2007 to revenue 2007 TrI from Res F Depl 10 capital Depl Sub Tolal changes 2007 Trllo Res F from revenue Depl 2007 Trllo Res F from capital Depl 2007 Trllo Res F from Res F Reserve sub total changes from 2007 Interest Earned Balance Dec 31 sl 2007 Total of Reserve Funds $24,244.547.28 $2.046.672.00 $4.410.811.00 $6.457.483.00 $4.434.449.00 $467.390.00 $0.00 $4.901.839.00 $1.058.298.25 $23.747.201.53 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Reserves Fund Balances 2007 2007 2007 Trf from Res F Sub Total Trf to Res F Trf to Res F Dept to capital Dept changes from revenue Dept from capital 2007 Balance as of Trf from Res F Jan 1, 2007 to revenue 2007 Interest Gas Tax Ree sub total Balance Dee 31 stj 2007 Dept $4,410,811.00 222,364.46 $0.00 33,238.00 $6,457,483.00 $4,434,449.00 $467,390.00 $237,364.46 $10,173.00 $143,104.00 $0.00 $0.00 $0.00 $33,238.00 $0.00 $0.00 $0.00 $6,728,085.46 $4,444,622.00 $0.00 $610,494.00 $0.00 $4,901,839.00 $153,277.00 $0.00 $0.00 $24,244,547.28 $1,470,316.69 $32,787.36 $62,768.95 $2,046,672.00 $15,000.00 $0.00 $0.00 $1,058,298.25 $39,825.00 $1,000.00 $1,480.00 $23,747,201.53 $1,426,054.23 $33,787.36 $31,010.95 Total KBT Reserve Funds Total Ward 1 Reserve Funds Total Ward 2 Reserve Funds Total Ward 3 Reserve Funds $25,810,420.28 $2,061,672.00 $4,666,413.46 $0.00 $5,055,116.00 $1,100,603.25 $25,238,054.07 Total Reserve Funds $25,810,420.28 13,056,497.84 $12,753,922.44 Total Reserve Funds as above Less: Tax assessment $25,238,054.07 14,369,497.84 $10,868,556.23 $12,753,922.44 3,322,775.87 $16,076,698.31 Total Net Reserve Funds Total Net Reserves $10,868,556.23 $2,074,480.61 $12,943,036.84 Oct 17/07 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE RESERVE AND RESERVE FUNDS BALANCES - WARD 1 Balance as of Net Change Balance Reserves Jan 1st, 2007 for the Year Dec 31st, 2007 legion Park Reserve $0 $0 $0 Inventory Reserve $11,000 $0 $11,000 Library Furniture Reserve $3,911 ($3,911 ) $0 Insurance Reserve $0 $0 $0 Total of Reserves .$14,911 .$ (3.911 ) ,$11.000 Reserve Funds Equipment Rep!. Res. Fund $996,568 (40,169) $956,399 Capital Expenditure Res. Fund (6,150) 6,150 0 Industrial Development Res. Fd $283,552 4,104 $287,656 Heritage Reserve Fund $2,461 75 $2,536 Parking Reserve Fund $112,492 (11,600) $100,892 Parkland Trust Reserve Fund $5,072 (5,072) $0 New lot levies Reserve Fund $62,172 1,800 $63,972 Old lot levies Reserve Fund $14,149 450 $14,599 Total of Reserve Funds ,$1.470.317 .$ (44.262) .$1.426.054 Total Reserve & Res. Funds $1 ,485.22& $ (48,174) $1,437.054 Oct 17107 THE CORPORATION OF THE MUNICIPAUTY OF KINCARDINE RESERVES BALANCES - WARD 1 2007 2007 Total 2007 2007 Total Balance TrffromRes Trffrom Res TrftoRes TrftoRes Balance ~ Jan1st,2007 to revenue Dept to capital Dept from revenue Dept from capital Dept Dec. 31st, 2006 Legion Park Reserve $0.00 0.00 0.00 $0.00 Inventory Reserve $11,000.00 0.00 0,00 $11,000.00 Library Fumiture Reserve $3,911.17 3,911.17 ~- 3,911.17 0.00 $0.00 Insurance Reserve $0.00 0.00 0.00 $0.00 Total of Reserves $14911.17 $0.00 $3911.17 3911.17 $0.00 $0.00 $0.00 $11000.00 Oel17l07 THE CORPORATION OF THE MUNICIPAl ITV OF KINCARDINE RESERVE FUNDS BAI ANCFS. WARD 1 2007 Balanceasof TrffromResF Jan 1st, 2007 to revenue Dept 2007 Trffrom Res F to capital Total 2007 TrftoResF from revenue Dem 2007 Trfto Res F from capital Dept 2007 Trftolfr Res Fund T"'" 2007 Interest Balance Earned Dec31st,2007 Reserve Funds Oem 26 Equipment Repl. Res. Fund $996,568.06 6,500.00 Tanker11-4 10,173.011 Marina ~c@J~W~ 30,672.00 Gedd\lSBr;dg8 6053.00 FloodPlain 72192.110 /6150.26\ 4022.74 28000.00 $956398.80 29 CaDltal Exoenditure Res. Fund /$6150.261 6150.26 6150.26 $0.00 30 IndustrialDevelopmentRes.Fd $283.551.66 10.000.00 Ind5tudy 13,180.001nfoCenlre 135000.00 InfoCenlre 145000.00 129924.00 MilIenium 143104.00 6000.00 $287655.66 33 Herttaoe Reserve Fund 52461.11 0.00 0.00 75.00 $2536.11 34 Parkina Re.serve Fund 5112491.91 15000.lIOfacade 15000.00 0.00 3400.00 $100891.91 35 Parkland Trust Reserve Fund $5072.46 5172.46 R8un;onP~ 5172.46 0.00 100.00 $0.00 36 NBW Lot levies Reserve Fund $62172.28 0.00 0.00 1800.00 $63972.28 48 Old Lot Levies Reserve Fund $14.149.47 0.00 0.00 450.00 $14,599.47 Total of Reserve Funds $.MLlL~ lli.JlQQ.OJl ,$~ $237364.46 IllUP...QQ ~..J04.0J! lli.UIL.QQ W~~~PJ! $JA2_!?...Q!!4_.2_:J, Oct 17/07 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE RESERVES & RESERVE FUNDS BALANCES - WARD 3 Reserves Balance as of Net Change Balance as of Jan 1st, 2007 for the Year Dec 31st, 2007 $315 $0 $315 $85,000 ($40,000) $45,000 $0 $0 $0 $20,316 $0 $20,316 $20,316 $0 $20,316 $2,491 ($2,491 ) $0 $128.439 ($42.491 ) $85 947 Tiverton Contigency Reserve Underwood Com. Centre Reserve Road Construction Reserve Tiverton Streetlights Reserve Tiverton Sidewalk Reserve Tiverton Sports Centre Reserve Total of Reserves Reserve Funds Parkland in Trust Reserve Fund Equipment Reserve Fund Development Charges Res. Fund (576) (20) (596) $50,616 (32,238) $18,378 $12,728 500 $13,228 $62.769 $ (31.758) 31011 $191 208 $ (74 ?49) $ 116958 Total of reserve Funds Total of Reserves & Res. Funds THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Oct 17107 RESERVES BALANCES - WARD 3 2007 2007 Total 2007 2007 Total Balance as of Trt from Res Trf from Res Trf to Res Trtto Res Balance as of Reserves Jan 1st, 2007 to revenue Dept to capital Oept from revenue Dept from capital Oept Dec 31st, 2007 Tiverton Contiaencv Reserve $315.04 0.00 0.00 $315.04 Hardwood Underwood Com_ Centre Reserve $85 000.00 40000.00 Floor 40000.00 0.00 $45.000.00 Capital Roads Reserve $0.00 0.00 0.00 $0.00 Tiverton Streetliahts Reserve $20316.22 0.00 0.00 $20316.22 Tiverton Sidewalk Reserve $20316.22 0.00 0.00 $20316.22 T'" Tiverton Sports Centre Reserve $2,491.12 2,491.12 COmpressors 2,491.12 0.00 $0.00 Total of Reserves $128438.60 0.00 42.491.12 42491.12 0.00 0.00 0.00 $85.947.48 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE RESERVE FUNDS BALANCES ~ WARD 3 Reserve Funds 43 Parkland in Trust Reserve Fund 45 Equipment Reserve Fund 46 Development Charges Res. Fund Total of reserve Funds 2007 2007 Total TrftoRes TrftoRes from revenue Dept from capital Dept Total Interest Balance earned Dec31st,2007 Sallmce as of Trffrom Res Trffrom Res Jan 1st, 2007 to revenlJ(! Oept to capital Dept ($575.76) $50,616.33 Tanker 6,500.00 11-4 ~1'26't't3Bido:M:::~11!AJ:i%r 33.238.00 0.00 $12,728.38 2007 0,00 2007 (20.00) Oct 17/07 ($595.76) 1.000.00 $18.378.33 0.00 500.00 $13,228.38 33 238.00 $62 768.95 0.00 33 238.00 0.00 ill 0.00 1480.00 $31010.95