HomeMy WebLinkAbout08 079 Budget Amendment (1)
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2008 - 079
BEING A BY-LAW TO AMEND BY-LAW NO. 2008 - 059
- 2008 TAXATION BY-LAW-
WHEREAS Section 290 of the Municipal Act, 2001, S.D. 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 pursuant to the said Municipal Act, Section 8 (1) and 9 provide
that the powers of a municipality under this or any other Act shall be interpreted
broadly so as to confer broad authority on the municipality to enable the
municipality to govern its affairs as it considers appropriate and to enhance the
municipality's ability to respond to municipal issues and a municipality has the
capacity, rights, powers and privileges of a natural person for the purpose of
exercising its authority under this or any other Act;
AND WHEREAS the Council of The Corporation of the Municipality of Kincardine,
with the passage of By-law No. 2008 - 059, adopted the estimates of all sums
required during the year to strike the rates of taxation for 2008;
AND WHEREAS the Council of The Corporation of the Municipality of Kincardine
deems it necessary to amend By-law No. 2008 - 059,
AND WHEREAS these amendments have no impact on the tax levy or the tax
rate;
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. That the 2008 Budget Summary and the Reserve and Reserve Funds
Continuity Worksheets, originally confirmed with the passage of By-law No.
2008 - 059, are hereby amended to include the following items, and
attached to this by-law as Schedule 'A'.
i) That the Budget By-law explicitly show both the Healthcare and
General Levies, as separate identities on the tax bills, which
together total the Municipal Levy.
ii) That the water portion of Charles Street in the amount of $74,100 be
reinstated into the budget under the Water Reserve Fund, as it was
previously left out; however having no impact on the tax rate.
iii)
Fire Extinguisher Training Equipment - originally included in the
budget, in the amount of $4,000.00, now requires additional funding
in the amount of $6,000 to be funded with a transfer from the
Equipment Replacement Reserve Fund - Fire.
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Budget Amendment (1) By-law
By-law No. 2008 - 079
iv)
That a Radar Sign in the amount of $12,197.50 be included in the
budget and funded by a transfer of $9,000.00 from the Community
Policing Reserve with the remaining $3,197.50 to be transferred
from the Capital Reserve Fund.
v) Davidson Centre Addition - originally included in the budget in the
amount of $2,150,000.00, now requires additional funds in the
amount of $174,889.00 to be funded with a transfer from the Capital
Expenditure Reserve Fund.
2. This by-law shall come into full force and effect upon its final passage.
3. This by-law may be cited as the "Budget Amendment (1) By-law".
READ a FIRST, and SECOND time this 14th day of May, 2008
iJ.~~^ ~~Innew
READ a THIRD time and FINALLY PASSED this 14th day of May, 2008.
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MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
May 14/08
2008 2008 2008 2008 2008 2008 2008 2007
SUBMiSSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $Chan(]e % Chance
Opening (surplus) $1,135,000 $1,135,000 ($1,000,000 ($135,000 13.50%
REVENUE
Taxation Revenues (Supp, WID, PIL) ($3,032,925) ($3,'32,925) ($3,9B3,350) $950,425 -23.86%
General revenues (1112) i$4,726,025 ($26,000 $166,900 $488,500 i$4096,625i i$3 891 ,BOO ($204,825 5.26%
$7,758,950 $0 $26,000 $166,900 $0 $488,500 $7,129,550 ($7,875,150 $745,600 -9.47%
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Mayor(1110) $9,952 $33 $9,985 $8,635 1,350 15.63%
Mayor & Council (1111) $253,819 $253,819 $252,826 $993 0.39%
Physician R & R (1113) {$29,OOO ($B6,000 $291,015 $196,015 $137,000 $59,015 43.08%
$29,000 $66,000 $0 $554,786 $0 $33 $0 $459,819 $398,461 $61,358 15.40%
CAD
Administrator (1118) $172,735 $4,894 $177,629 $166,729 $10,900 6.54%
Human Resources (1119) $71,600 $634 $72,234 $69,849 $2,385 3.41%
Airport {3661 & 3662} ($112,700) $193,175 $182 $80,657 $77,679 $2,978 3.83%
Community Grants (7470) ($10,000 $141,000 $131,000 $151,190 ($20,190 -13.35%
($122,700 $0 $' $578.510 $' $5,710 $461,520 $465447 $3,927 -0,84%
=
Clerk (1120) ($9,355) ($4,000) $358,301 $13,114 $358,060 $344,024 $14,036 4.08%
Election (1125) $1,200 $15,000 $16,200 $19,200 ($3.000) -15.63%
Accessibility (2226) $5,730 $20 $5,750 $5,581 $169 3.03%
Communities in Bloom (7350) $5,000 $5,000 $14,300 ($9.300) -65.03%
Heritage Kincardine (7468) ($B50 $8,530 $7,680 $4,690 $2,990 83.75%
$10,205 $' $4,000 $378,761 $15,000 $13,134 $392,690 $387 795 $4,895 1.26%
TREASURY
Treasury (1121) ($12,900) $576,674 $7,895 $571,669 $544,166 $27,503 5.05%
Capital Asset Mgmt (1124) ($10,034 ($53,000 $155,346 $109 $92,421 $102,466 ($10,045 -9.80%
($22,934 ($53,000 $' $732,020 $' $8.004 $664,090 $646,632 $17,458 2.70%
PROTECTION TO PERSONS
Health & Safety (1123) $13,795 $45 $13,840 $13,908 ($6B) -0.49%
Kin Fire Dept. (2100-2176) ($12,800) ($6,000) $591,213 $120,166 $692,579 $655,407 $37,172 5.67%
Paisley Fire Dept. (2213) $25,713 $25,713 $24,965 $748 3.00%
Emergency Planning (2225) ($97,375) ($15,000) $166,599 $956 $55,180 $53,784 $1,396 2.60%
Mysis Rescue Boat (2251) . {$3,400 ($3,000 $16,790 $10,390 $9 499 $891 9.38%
$113,575 $15,000 $9,000 $814,110 $' $121,167 $797,702 $757,563 $40 139 5.30%
.E.Q.b!.Qi
Police Services Board (2220) ($4,600) $17,914 $500 $4B $13,862 $12,464 $1,398 11.22%
Polici~~ (2221)' ($46,910 $2,131,000 $2,084,090 $1,999,300 $84,790 4.24%
($51,510 $' $' $2148,914 $500 $4B $2,097,952 $2,011 764 $86,188 4,28%
Sub-total o....eratinfl budflet ($8108874 ($134000 ($39000 $5374001 <1';15500 <1';636 596 ($2 255 777 ($3 207 488 $951711 -29.67%
This is Schedule ft 4:. ft to By-Law
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No. ,..,~q passedthe~day
20015
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PAGE 2
May 14/08
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
2008 2008 2008 2008 2008 2008 2008 2007
SUBMISSION TRF FROM TRFFROM SUBMISSION TRF TO TRF TO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET ;$ CHANGE % CHANGE
PUBLIC WORKS
Administration Centre (1126) ($90,500) $334,392 $1,057 $244,949 $258,214 -$13,265 ~5.14%
UndeIWood Town Hall & Comm Ctre
(1128,1129) ($32,350) $86,508 $457 $54,615 $48,523 $6,092 12.55%
Annex (1130) $16,000 $16.000 $8,500 $7,500 88.24%
Armow Women's Inst. (1131) ($900) ($8,000) $31,246 $2,233 $24,579 $21,606 $2,973 13.76%
Medical clinics (1133,1142) ($44,208) $103,250 $45 $59,087 $57,967 $1,120 1.93%
Locum House (1135) ($5,300) $29,964 $58 $24.722 $21,319 $3,403 15.96%
HEC Admin Building (1136) ($34,000) ($9,800) $27,900 ($15,900) ($21,014) $5,114 ~24.34%
Lighthouse (1138) ($1,400) $7,675 $4,900 $11,175 $11,280 ($105) -0.93%
Kincardine Library (7465) ($36,300) $61,014 $292 $25,006 $26,564 ($1,558) ~5.87%
Tiverton Library (7466) ($6,402) $21,601 $16 $15,215 $19,060 ($3,845) -20.17%
Roads (3000-3362) ($16,300) $1,987,578 $45,191 $2,016,469 $1,719,016 $297,453 17.30%
Mechanic (3400 - 3499) $485,356 $824 $486,180 $417,487 $68,693 16.45%
Disability Transportation (3590) $20,352 $20,352 $20,352 $0 0.00%
Crossing Guards (3614) $26,085 $335 $26,420 $26,504 ($84) -0.32%
StreetHghting (3651) $145,635 $13 $145,648 $0 $145,648 100.00%
San. Sewers (4411) ($1,103,091) $569,970 $533,121 $0 $0 $0 0.00%
Storm Sewers (4421) ($10,000) $49,280 $189 $39,469 $38,773 $696 1.80%
Municipal Drains (4422) ($103,600) $135,000 $31,400 $27,800 $3,600 12.95%
Tile Drainage (4423) $0 $0 $0 0.00%
Kincardine Water (4425) ($1,526,900) $745,963 $780,937 $0 $0 $0 0.00%
Tiverton Water (4426) ($231,828) $130,252 $101,576 $0 $0 $0 0.00%
Garbage Collection (4441) (166,000) $384,471 $146 $318,617 $288,265 $30,352 10.53%
Ward 1 Landfill Site (4445) ($250,000) $228,794 $32,188 $10,982 $74,062 ($63,080) -85.17%
Armow Landfill Site (4446) ($110,000) $84,447 $31,292 $5,739 $66,801 ($61,062) -91.41%
Bruce landfill Site (4447) ($85,000) $87,549 $32,249 $34,798 $79,818 ($45,020) -56.40%
Cemeteries (5551) ($53,955) $134,755 $25,927 $106,727 $105,105 $1,622 1.54%
Trails (8037) $26,380 $190 $26,570 $25,595 $975 3.81%
$3,808,034 $8,000 $9,800 $5,961,417 $0 $1,593,236 $3,728819 $3,341,597 $387,222 11.59%
Sub-total oDeratino budaet I ($11,916,908 ($142,000 ($48,800 $11,335,418 $15,500 $2,229,832 $1,473,042 $134,109 $1,338,933 998.39%
Page3
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
May 14/08
2008 2008 2008 2008 2008 2008 2008 2007
SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRF TO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET 1$ CHANGE % CHANGE
RECREATION & CULTURE
Underwood Communty Centre (1127) ($5.425) $11,216 $50 $5,841 $5,373 $468 8.71%
Tiverton Lions Hall (1132) ($140) $1,730 $1,590 $1,875 ($285) -15.20%
Whitney Crawford Com Ctre{1134) ($5,400) $5,135 $5,000 $4,735 $5,265 ($530) -10.07%
Arts Facility (1137) ($19,700) ($42,000) $59,562 $2,138 $0 $0 $0 0.00%
Brucedale Com Centre (1143) $6,448 $21 $6,469 $6,608 ($139) -2.10%
Paisley Recreation (7008) $6,500 $6,500 $6,500 $0 0.00%
Tiverton Sports Centre (7010) ($110,650) $152,025 $1,435 $42,810 $43,490 ($680) ~1.56%
Davidson Centre (7011 -7021) ($435,700) $1,169,369 $7,294 $140,963 $719,099 $21,864 3.04%
Recreation (1111-7199) ($299,700) $447,948 $5,439 $153,687 $152,274 $1,413 0.93%
Parks (7313-7321) ($43,900) $502,066 $4,819 $462,985 $452,254 $10,731 2.37%
Kincardine Marina (7460) ($313,304) ($3,000) $305,394 $10,910 $0 $0 $0 0.00%
($1,233,919 $0 {$45,000 $2,667,393 $0 $37,106 $1,425,580 $1,392,738 $32,842 2.36%
TOURISM & ECON DEV
Economic Development (8021, 8023) ($37,200) ($15,000) $116,459 $20,679 $84,938 $81,770 $3,168 3.87%
Tourism (8035 - 8044) ($12,050) ($2,000) ($15,275) $273,313 $1,449 $245,437 $251,089 ($5,652) -2.25%
Kin Fish Derby (8101 - 8105) ($70,600) $69,500 $1,100 $0 $0 $0 0.00%
KSF (8201 - 8206) ($183,100) $182,100 $1,000 $0 $0 $0 0.00%
B.I.A. (62) , ($39,525\ $39,525 $0 $0 $0 0.00%
$342 475 $2,000 ($30,275 $680 897 $1,000 $23,228 $330,375 $332,859 $2,484 -0.75%
BUILDING AND PLANNING
Information Technology (IT)(1122) ($57,538) $77,393 $10,645 $30,500 $28,370 $2,130 7.51%
SVCA (2231) $237,109 $237,109 $210,353 $26,756 12.72%
Building Department (2241) ($192,800) ($92,852) $283,015 $2,637 $0 $88,754 ($68,754) -100.00%
Small Animal Control (2244) ($15,600) $59,748 $288 $44.436 $38,650 $5,786 14.97%
Plannina & Zonina (8011) ($87,500 $247,061 $1,110 $160671 $109,565 $51,106 46.64%
$353,438 $0 $92,852 $904.326 $0 $14,680 $472,716 $475,692 $2,976 -0.63%
$0
Postage Reali to Exp Neurtral Accounts $7,905 ($7,905)
Total Ooeratina BlJdap.t ($13846740) ($144000) ($216927) $15 fiflfl 034 $16500 $2 304 846 $3701713 $2 343 303 $1358410 ~
PAGE 4
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
May 14/08
CAPiTAL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRF FROM TRFFROM SUBMISSION TRF TO TRFTO UCO NET NET
DEPARTMENT & PROJECT JAN1/08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec 31f08 BUDGET BUDGET $Chanae % Chanae
GENERAL GOVERNMENT
Healthcare ($310,000
Medical Clinic RestorationlRebuild N $910,000 $600,000
$0 $0 $0 $0 $910,000 $0 $0 $310,000 $600,000 $52,800 $547,200 1036.36%
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Harbour Beach Hosting N $10,000 $10,000
$0 $0 $0 $0 $10,000 $0 $0 $0 $10000 $0 $10,000 100.00%
CAD
eill112!1
Gas Pump Delivery System N $10,000 $10,000
Airport Vicinity Mapping ($5,000) $10,000 $5,000
House Roof N $10,000 $10,000
$0 ($5.000 $0 $0 $30,000 $0 $0 $0 $25,000 $11,000 $14,000 127.21%
CLERK
Clerk
LaserFiche -Records Comput. E ($5,166 $44,000 $38,834
$0 $0 1$5166 $0 $44,000 $0 $0 $0 $38,834 $32,500 $6,334 19.49%
Accessibilitv ($50,000
Loan Program N $0 $0 $0 $50000 $0 $0 $0 $0 $0 $0 100.00%
Treasurv
Capital Asset Mgmt Software N ($7,000 ($28,000 $35,000 $0 $0.00 $0 0.00%
Heath & S::.fetv ($12,000
$0 $12,000 -100.00%
PROTECTION TO PERSONS
Kincardine Fire Deo::.rtment
Tanker 11-4 E ($200,000) $200,000 $0
Vehicle Exhaust - Tiv Stn N ($40,000) $40,000 $0
Pumper-12-2 E ($375,000) $315,000 $0
Roof-KincStn E $40,000 $40,000
Breathing Apparatus E ($11,000) $11,000 $0
Bunker Gear E $7200 $7,200
$0 $0 $40,000 ($586,000 $673,200 $0 $0 $0 $47 200 $46,553 $647 1.39%
Police .
Radar Sign N ($9,000 ($3,198 $12,198 $0 $0 $0 0.00%
PUBLIC WORKS
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Armow WI - Front Stairs, railing E ($15,000) $15,000 $0
Westario - remove Oil tank E $0 $0 $0
Lighthouse (WindowsfTurret) E ($32,000 $47,000 $15,000
$0 $0 $15,000 $32000 $62,000 $0 $0 $0 $15,000 $ 108,089 $93,089 -86.12%
Subtotal Canilal Budnet $0 ($5,000 ($76,166 ($699,198 $1.826,398 $0 $0 /$310,000 $736,034 $262,942 $473,092 179.92%
May 14/08
PAGE 5
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRFTO UCO NET NET
DEPARTMENT & PROJECT JAN1108 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec 31/08 BUDGET BUDGET $Chanoe %Chan e
PUBLIC WORKS CON'T
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W3 Garage Roof E ($40,000) $40,000 $0
Smith Street Sidewalk N ($30,000) ($14,000) $44,000 $0
Smith Street E ($94,000) $154,000 $80,000
Webster Street E ($75,000) $75,000 $0
Sunset $25,769 ($25,769) $0
Broadway $6,697 ($6,697) $0
King Street E ($20,316) $30,000 $9.684
Golf Links Road E $421,103 $421,103
Mahood Johnston Drive N ($300,000) $500,000 $200,000
G lencoe St E ($90,000) $90,000 $0
Kincardine Kinloss Boundary Culvert E ($7,500) ($7,500) $15,000 $0
Kincardine Kinloss Boundary E ($201,627) $403,254 $201,627
Bervie Sideroad E ($50,000) $313,642 $263,642
Salt Shed E $50,000 $50,000
Sunset Drive ($126,000) $126,000 $0
Charles ($155,826) $155,826 $0
William ($155,826) $155,826 $0
South ($317,642) $317,642 $0
Trf to Road Res Fund for Conc 6 ($629,294) $629,294 $0
Lome Beach Paving ($50,000) $50,000 $0
Durham IMTO Project ($45,000i ($60,000 $105,000 $0
$32,466 $1,810,181 $491,816 $200,000 $3,046,293 $0 $629,294 $0 $1 206,056 $1,324,570 $118514 -8,95%
ROllrl!'l _ Eauioment
Tandem Snow Plow E $105,000 $105000
$0 $0 $0 $0 $0 $0 $105,000 $0 $105,000 $39,687 $65313 164.57%
Sanitarv Sewers (941)
Queen Street Sewer E $23,700 ($4,669) ($19,031) $0
Lower Beach Road Sewer E $5,296 ($5,296) $0
Lake Street Servicing N $58,871 ($216,076) $112,755 $44,450 $0
Connaught Trunk Sewer N ($400,000) $400,000 $0
Connaught Drainage Study N ($20,000) $20,000 $0
UV Disinfection E ($407,000) $407,000 $0
Park Street Valves E ($10,000) $10,000 $0
Park Street Forcemain E ($90,000) $90,000 $0
Huron Terrace Bridge E ($20,000) $20,000 $0
Full Rate Study N i$10,QOO $10,000 $0
$87,867 l$220,745 $0 $957,000 $1,069,755 $0 $44,450 $24,327 $0 $0 $0 0.00%
Ward 3 - MuniciollJ Drains
Municipal Drain #19 E $2,326 ($582,500) $612,548 $32,374 $0
Municipal Drain #20 $6,509 ($6 509 $0
$8835 ($589009 $0 $0 $612548 0 0 0 32374 40465 8091 -20.00%
Tiverton Wllter SV!'ltAm
Tiverton OST AR E $152,263 (146,877.00) ($5,386) $0 $0
Fencing for well sites N ($25,000) $25,000 $0
Rate Study N ($2,500 $2 500 $0
$152,263 /$146,877 $0 ($32,886 $27,500 $0 $0 $0 $0 $0 $0 0.00%
Subtotal CaDital Budaet $281,431 {$2,771,812 ($567982' ($1,889,0841 $6,582,494 $8 $778,744 ($334,327' $2,079,464 $1,667,664 $411,800 24.69%
CAPITAL BUDGET
May 14/08
PAGE 6
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
CAPITAL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRFFROM TRF FROM SUBMISSION TRF TO TRF TO UCO NET NET
DEPARTMENT & PROJECT JAN1/08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Oec31/08 BUDGET BUDGET $ Change % Change
K'NTP Water Svstem
OST AR General E ($1,290,831) $1,290,831 $0
OSTAR Kincardine E $2,167,861 ($1,984,731) ($183,130) $0
OST AR Pipeline E $1,933,884 ($315,000) ($1,618,884) $0
OSTAR Underwood E $198,827 ($198,827) $0
OST AR Scott's Point E $213,369 ($213,369) $0
Water meters Original E $27,767 ($27,767) $0
Lower Beach Road E $4,763 ($4,763) $0
Lake Street N $63,336 ($98,041 ) $5,305 $29,400 $0
Undewood Water Deficit E ($112,000) $112,000 $0
Underwood Contr to KVVTP RF E ($10,200) $10,200 $0
Scott's Point Deficit E ($62,000) $62,000 $0
Scott's Point Contr to KVVTP RF E ($12,300) $12,300 $0
Meter Replacement Program E ($140,000) $140,000 $0
Oversize Pipe Development N ($11,100) $11,100 $0
Scott's Point Study N ($20,000) $20,000 $0
Saratoga Road N ($104,500) $104,500 $0
Backwash Pump E ($130,000) $130,000 $0
Charles Street ($74,100) $74,100 $0
Paint Kincardine Water Tower E $0 $0 $0
Fencing - KWTP & Remote Well
Sites N ($60,000) $60,000 $0
Decomissioning Wells N ($20,000) $20,000 $0
Huron Terrace Bridge E ($5,000) $5,000 $0
Armow Well N ($25,000) ($25,000) $50,000 $0
Armow Well distribution ($60,000) $60,000 $0
Rate Study N ' 1$7,500 $7,500 $0
$3,318,976 $3,031468 $0 $840,330 $1,978,336 $0 $225 900 ($1,651,414 $0 $0 $0 0.00%
LandfiIlSitl'!!':
W1 - Site Closure Plan N ($20,000) $20,000 $0
W2 . Establish Main Landfill N 1$50,000 $100000 $50000
$0 $0 $0 $70,000 $120,000 $0 $0 $0 $50,000 $0 $50,000 100.00%
CemetAriA!': 1$116,500 1$61,000\
Purchase of Land. Tiv Cem N $227,500 $50,000
$0 $116,500 $0 $61,000 $227 500 $0 $0 $0 $50,000 $120,500 ($70,500 ~58.51%
Trails
North Line Trail N ($12,000) $12,000 $0
Lorne Creek Pedestrian Bridge N 1$106,895 $106,895 $0
$0 $0 $118,895 $0 $118895 $0 $0 $0 $0 $71,858 ($71,858 .100.00%
RECREATION
Arts Centre
Tiverton Soorts Centre
Dehumidifier N ($783 ($19217 $20,000 $0
0 783 19217 20000 0 $0 $0 $0 $7509 ($7 509 .100.00%
Subtotal Canital Budnet $3,600,407 ($5,919,780 1$687,660 1$2,879,631\ $9,047,225 $0 $1,004,644 ($1,985,741\ $2,179,464 $1,867531 $311,933 16.70%
PAGE 7
MUNICIPALllY OF KINCARDINE
2008 DRAFT BUDGET
CAPITAL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRF TO UCO NET NET
DEPARTMENT & PROJECT JAN1/08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec31/08 BUDGET BUDGET $ Chanae %Chanoe
Davidson Centre
Addition N ($1,075,000) ($246,325) ($1,003,564) $ 2,324,889 $0
Pool Roof E ($66,475) $ 66,475 $0
Kitchen upgrades E ($23,000) $ 50,000 $27.000
Photocopier E $ 20,000 $20.000
Skyjack Scissor Lift E $ - $10,000 $10,000
$0 ($1075000 {$335 800 ($1 003 564 $2461364 $0 $10000 $0 $57000 $273 500 216500 -79,16%
Recreation
Gymnastics Equipment E $35,000 $35.000
Tiverton Skatepark Equipment N $10,000 $10,000
Recreation Reserve Fund N $35,000 $35,000
Recreation Professional Serv N $45,000 $45,000
0 0 0 90000 0 35000 0 125000 10000 115000 1150.00%
~
Lions Park Playground E ($10,000) ($19,043) $ 99,000 $69,957
Riding Lawn Mower E $ 20,000 $20,000
Legion Soccer Fields N $ 10,000 $10,000
Tiverton Parketle N $ 75,000 $75,000
0 10000 19043 0 204 000 0 0 0 174957 369642 194 685 ~52.67'1'0
TOURISM & ECON DEV
Economic Dp.veloomp.nt
Pavillion - Trillium Grant ($1,753) $1,753
Sale of Land 9 &21 ($547,400) $547,400 $0
Business Park Study N ($10,000) $10,000 $0
Invemuron Bike Park N $40,000 $40,000
1753 545 647 0 10000 50000 0 547 400 0 40000 0 000 100.00%
Tourist Develooment
New Tourism Building N ($727,356) $727,356 $0
Slgnage Program N $35000 $35,000
$0 $0 $0 $727,356 $762,356 $0 $0 $0 $35,000 $45,000 $10,000 -22.22%
BUILDING & PLANNING
Information Technoloav
Wireless Network N ($20,000) $20,000 $0
Server E ($15,000 $15,000 $0
$0 $0 ($35,000 $0 $35,000 $0 $0 $0 $0 $3.000 $3,000 ~100.00%
SVCA
Ortho Photography ($4,Q43) $4,043 $0
BuUdina
GPS E $0 $0 ($9,000) $15,000 $6,000
Photocopier E $0 $15,000 $15,000
$0 $0 $9,000 $30,000 $0 $0 $0 $21,000 $0 $21,000 100.00%
Plannina
Local Offical Plan E ($47,833) $47,833 $0
OMB Zoning Consolidation E ($27,281) $27,281 $0
Zoning By-Law Update E ($25,000) $25,000 $0
Natural Heritage Study N ($34,000) $44,000 $10,000
Development Study Charges N $32,000 $32,000
Emergency Gate Entry N $25000 $25,000
$0 $0 {$134114 $0 $201114 $0 $0 $0 $67000 $25000 $42 000 168.00%
TOTAL CAPITAL BUDGET $3 598 654 1$7 550 427 ($1 215 660 {$4629551 $12885102 $0 $1 597044 ($1 985741 $2 699 421 $2 593 673 $105748 4.08%
Total Operatinfl & Canital Budflet $3,598,654 1$22,532,167 ($1,359,660 ($4846,478\ ~28 473136 $16,500 $3 901 890 1$1985741 $5266134 $3,936 976 $1329158 33.76%
vC::1?'6lS$
GJB::Jl.jIlRGH
Minus Healthcare
Residential tax rate
Multi-Residential tax rate
Com. ace. tax rate
Com. vae. tax rate
Ind. oce. tax rate
Ind. vac. tax rate
Farmlands tax rate
Managed forest tax rate
Healthcare
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
0.00351437
0.00351437
0.00433357
0.00303350
0.00614206
0.00399232
0.00087859
0.00087859
0.00070493
0.00070493
0.00086924
0.00060847
0.00123200
0.00080080
0.00017623
0.00017623
$ 2,999,282
$ 33,755
$ 699,954
$ 8,518
$ 457,216
$ 18,413
$ 168,414
$ 758
$ 4,386.310
$ 601,608
$ 6,771
$ 140,400
$ 1,709
$ 91,710
$ 3,693
$ 33,781
$ 152
$879,824
$ 5,266,134
Total
Minus Healthcare
Page 8
Municipality of Kincardine
2008 DRAFT BUDGET
MUNICIPAL TAX RATE CALCULATION
Residential
Multi-Res.
Com. ace.
Com. vacant
Ind. ace.
Ind. vacant
Farmlands
Mngd forests
Residential tax rate
Multi-Residential tax rate
Com. Dec. tax rate
Com. vac. tax rate
Ind. occ. tax rate
Ind. vac. tax rate
Farmlands tax rate
Managed forest tax rate
$4,386,310
Tax Ratios
1.00000
1.00000
1.23310
0.86317
1.74770
1.13600
0.25000
0.25000
Assessments
$853,433,865
$9,604,975
$161,519,035
$2,807,860
$74,440,125
$4,612,200
$191,686,330
$862,435
$1,298,966,825
0.00421930
0.00421930
0.00520281
0.00364197
0.00737406
0.00479312
0.00105482
0.00105482
Total Residential & Farm taxes
Total Commercial & Industrial taxes
TOTAL MUNICIPAl TAXFS COLLECTF.!)
May 14/08
Adiusted assessments
$853,433,865
$9.604,975
$199,169,122
$2,423,661
$130,099,006
$5,239,459
$47,921,583
$215,609
$1,248,107,279
Proof
$3,600,890
$40,526
$840,353
$10,226
$548,926
$22,107
$202,195
$910
$5.266.134
$3.844.521
$1.421.613
9;5266134
May 14/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
PROPOSED RESERVES BALANCES
Balance as of Net Change Balance as of
Reserves Jan 1, 2008 for the Year Dec 31st, 2008
Working Capital Reserve $455,358 $0 $455,358
Community Policing Reserve $9,515 ($8,500) $1,015
Airport Gasoline Inventory Res. $5,000 $0 $5,000
Airshow Reserve $668 $0 $668
Canada Day Reserve $3,168 ($2,000) $1,168
Tiverton Ball Light Reserve $5,000 $0 $5,000
Capital Reserve $1,680,361 ($997,061) $683,300
Defibrillator Reserve $1,062 $0 $1,062
Mural Painting Reserve $4,000 $0 $4,000
Soccer Fields Reserve 1,762.51 0.00 1,762.51
Tiyerton Cern. Monument Res. $1,182 $0 $1,182
Election Reserve $59,360 $15,000 $74,360
Planning Reserve $0 $0 $0
Heritage Reserve $2,132 $0 $2,132
Tourism Sign & Map reserve $0 $0 $0
Kine Scottish Festival $61,541.89 $1,000.00 $62,541.89
Drift-in Cruise Night $0 $0 $0
Capital Roads Reserve $293,543 ($300,000) ($6,457)
HEC Reserve $3,975,030 $0 $3.975,030
CT Scanner Reserve $0 $0 $0
Seasonal Decoration Reserve $4,074 $0 $4,074
Total of Reserves $6,562,756 1$1,291,561l $5,271,195
Kincardine Reserves
Wi Reserve
W2Reserve
W3 Reserve
Total Reserves
($1,291,561) $5,271,195
$0 $14,911
($30,500) $49,739
($21,100) $66,491
($1,343,161) $5,402,336
May 14108
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
PROPOSED RESERVES & RESERVE FUNDS BALANCES
$6,562,756
$14,911
$80,239
$87,591
$6,745,497
Balance as of Net Chanae Balance as of
Reserve Funds Jan 1 2008 for the Year Dee 31st 2008
12 KEDF 129,170 10,000 139,170
13 Future Employment Costs
14 Kincardine Marina Launch Ramp 3,542 (3,000) 542
15 Building 110,819 (34,840) 75,979
16 Arts Facility Committee 2,964 2,964
17 Workplace Ins Reserve Fund 274,906 38,981 313,887
18 Tly. San.& Stonn Sew. Res. Fd 129,860 (315) 129,545
19 Port Bruce Cern. Cap. Res. Fd 4,648 4,648
20 Bruce Landfill Reserve Fund 89,033 31,827 120,860
21 Annow Landfill Reserve Fund 49,649 (19,100) 30,549
22 Scott Point Water Reserve Fund (61,3117) 61,387
23 Underwood Water Reserve Fund (109,659) 109,659 0
24 Tiverton Water Reserve Fund 94,687 67,392 162,079
25 Tiyerton Com. Centre Res. Fd 13,639 5,000 18,639
27 Kin. San.& Storm Sewer Res. Fd 422,035 (400,000) 22,035
28 Kincardine Water Reserve Fund 219,782 (183,130) 36,652
31 Kincardine Cern. Cap. Res. Fd 5,133 5,133
32 Kincardine Landfill Res. Fund 182,971 10,900 193,871
37 Ward III Rural Road & Bridges RF 652,991 (126,000) 526,991
42 Inver. Sana Storm. Sew. Res. Fd 130,615 (315) 130,300
47 Fish Conservation Reserve Fund 1,100 1,100
49 EquiPrnentRepJ.Res;.Funel 1))1?,Q91 60,855 1,071,946
51 Rotary Dock Reserve Fund 15,051 2,000 17,051
52 Roads Expenditure Reserve Fund 29,771 620,444 650,215
53 Airport Reserve Fund 38,567 38,567
54 Tiverton Cern. Cap. Res. Fd 90,487 (36.000) 54,487
55 Parkland Trust Reserve Fund 41,695 41,695
56 Kinc Arts Facility Reserve Fund 1,000,000 1,000,000
57 Tiverton Sports Centre Res Fd 23,840 (17,782) 6,058
58 Capital Expenditure Res. Fd 1,690,958 (949,784) 741,174
59 Tax Appeal Omitted Assessment 801,563 14,000 815,563
60 Tourism Res Fd 637,123 (600,000) 37,123
61 Paisley Fire Dept. Cap. Res. Fd 281 281
63 Trails Bridging RF
64 Downtown Revitalization 52,612 52,612
65 Tax Mitigation 2,215,631 343,500 2,559,131
66 Health Care 1,706,785 100,000 1,806,785
67 Sewer Reserve Fund 1,444,718 15,541 1,460,259
68 WaterReSlitnf,~f.lJn<! (179,403) ;t~,~;1t (13,D92)
69 Marina Reserve Fund 23,284 23,284
70 Tiverton Energy Festival Res Fund 15,186 (15,275) (89)
71 Federal Gas Tax Revenue Fund 207,489 (28,000) 179,489
72 Recreation Reserve Fund 117,000 35,000 152,000
73 Building Fee Reserve Fund 500,000 (92,852) 407,148
Total of Reserve Funds 13,835,127 (812,4971 13,022,630
Total of Reserve & Reserve Funds 20,397,883 (2,104,058) 18,293,825
Kincardine Reserve Funds 13,835,127 (812,497) 13,022,630
Wi Reserve Funds $1,830,231 (79,046) $1,751,185
W2 Reserve Funds $34,264 1,000 $35,264
W3 Reserve Funds $38,926 1,480 $40,406
Total Reserve Funds 15,738,549 (889,063) 14,849,486
Kincardine Res & Res Funds 20,397,883 (2,104,058) 18,293,825
Wi Reserve & Reserve Funds 1,845,142 (79,D46) 1,766,096
W2 Reserve & Reserve Funds 114,503 (29,500) 85,003
W3 Reserve & Reserve Funds 126,517 (19,620) 106,897
Total Res. & Reserve Funds 22,484,046 (2,232,224) 20,251,823
Less; HEC Reserve (3,975,030) (3,975,030)
Balance of Res & Reserve Funds 18.509,016 /2.232,224\ 16,276,793
May 14IDB
THE CORPORATION OF THE M~NIC~ALlTY OF KINCARDINE
H.eserves alan s
2008 2008 Sub Total 2008 2008 Sub Total
Balance as of Trf from Res Trf from Res Trfto Res Trf to Res Balance
Reserves Jan 1, 2008 to revenue Dem to capItal Dept from revenue Dem from capital Dept Dec 31st, 2008
Workina Capital Reserve $455,358.22 0.00 0.00 $455,358.22
Community Policing Reserve $9,514.84 9,000.00 Radar Sign 500.00 PSB
9.000.00 500.00 $1.014.84
Airoort Gasoline Inventory Res. $5,000.00 0.00 $5,000.00
Airshow Reserve $667.71 0.00 0.00 $667.71
Canada Dav Reserve $3,167.94 2,000.00 2,000.00 0.00 $1,167.94
Tlverlon Ball L1l1ht Reserve $5.000.00 0.00 0.00 $5.000.00
Capital Reserve $1,680,361.22 66,000.00 Phys R & R
53,000.00 Cap Asset 5,166.00 Laserfiche
15,000.00 CEMC 7,000.00 Capital Asset
40,000.00 Vehicle Exhaust
40,000.00 W3 Garage Roof
30,000.00 Smith St Sidewalk
94,000.00 Smith St Paving
12,000.00 North Une Trail
106,895.00 Lome Creek Br
246,325.00 DC Addition
66,475.00 DC Pool Roof
23,000.00 DC Kitchen
19,043.00 Playground
20,000.00 Wireless Network
15,000.00 Server
47,833.00 Official Plan
27,281.00 Zoning By-law OMB
25,000.00 Zoning By-law update
4,043.00 Ortho photography
34,000.00 Natural Heritacle St 997,061.00 0.00 $683,300.22
Defibrillator Reserve $1.061.72 0.00 0.00 $1 ,061.72
Mural Paintlnl1 Reserve $4,000.00 0.00 0.00 $4.000.00
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 $59,360.00 0.00 15,000.00 Election 15,000.00 $74.360.00
]Plannlng Reserve $0.00
0.00 $0.00
Herltatle Reserve $2.131.51 0.00 0.00 $2,131.51
Kincardine Scottish Festival Res $61,541.89 1.000.00 KSF
1,000.00 $62.541.89
Drift-In Cruise Reserve $0.00 0.00 0.00 $0.00
Capital Roads Reserve $293.543.04 300,000.00 Mahood Johnson Dr 0.00
300.000.00 -$6.456.96
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 $4.074.09 0.00 0.00 $4,074.09
Total of Reserves $6,562,756.19 $136,000.00 $1.172.061.00 $1.308,061.00 $16.500.00 $0.00 $16,500.00 $5,271,195.19
Total KBT Reserves $6,562,756.19 $136,000.00 $1,172,061.00 $1,308,061.00 $16,500.00 $0.00 $16,500.00 $5,271,195.19
Total W1 Reserves $14,911.17 0.00 0.00 0.00 0.00 0.00 0.00 $14,911.17
Total W2 Reserves $80,238.94 8,000.00 22,500.00 30,500.00 0.00 0.00 0.00 $49,738.94
Total W3 Reserves $87,590.60 0.00 21,099.66 21,099.66 0.00 0.00 0.00 $66,490.94
$6,745.496.90 $144,000.00 $1.215.660.66 $1.359,660.66 $16.500.00 $0.00 $16,500.00 $5,402,336.24
Total Reserves as above $6,745,496.90 $5,402,336.24
Less: HEC Reserve $3,975,030.00 $3,975,030.00
$2,770,466.90 $1.427.306.24
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
Reserves Fund Balances
May 14108
2008
Balance as of Trf from Res F
200.
Trffrom Res F
Sub Total
2000
Tlfto Res F
2008
TrftoResF
2000
Trfto Res F
subtotal
200.
Interest
Balance
Jan1,2008 to revenue Deot to capital DeDI chan . from revenue Dem from capital Deot from Res F Reserve Earned Dee 31st, 2008
12 KEDF $129,169.93 10,000.00 8021
0.00 $10,000.00 139,169.93
13 Future Em 10 ment Costs $0.00 0.00 $0.00 0.00
14 Kincardine Marina Launch Ram $3,542.41 3,000.00 7460 3,000.00 $0.00 $542A1
15 Building $110,818.85 9,800.00 1136 0.00 West Oil Tank 2,060.00 1131
26,800.00 Lighthouse $4,900.00 1138
5,200.00 (11ghth$fromHEC) $6".0.00
41,800.00 $75,978.85
16 Arts Facili Committee $2,963.73 0.00 0.00 $2,963.73
17 Work lace Ins Reserve Fund $274,905.91 26 000.00 1112 26000.00 64,981.00 va. 84,981.00 $313886.91
18 Tiv. San.& Storm Sew. Res. Fd $129,860,06 315.00 GPO
315.00 $0.00 $129,545.06
19 Port Bruce Cem. Ca . Res. Fd $4,647.67 0.00 $0.00 $4 647.67
20 Bruce Landfill Reserve Fund $89,033.33 0.00 31,827.00 4447 $31 827.00 $120,860.33
21 Annow Landfill Reserve Fund $49,649.18 50,000.00 Est Main Site 50000.00 30,900.00 444. $30,900.00 $30,549.18
22 Scott Polnl Waler Reserve Fund $61,386.50 0.00 62,000.00 RF P out $62,000.00 613.50 $0.00
23 Underwood Water Reserve Fund $109,658.51 0.00 112,000.00 RF Pa ul $112000.00 $2,341.49 $0.00
24 Tiverton Water Reserve Fund $94,686.72 5,386.00 OSTAR 100,863.00 442.
25,000.00 Fencing
2,500.00 Rate Study
585.00 GPO
33.471,00 $100 863.00 $162078.72
25 Whltne Crawford Com. Centre Res. Fd $13638.89 0.00 5,000.00 1134 5,000.00 $18,638.89
27 Kin. San.& Storm Sewer Res, Fd $422,034.83 400,000.00 Connaught
400,000.00 $0.00 $22,034.83
28 Kincardine Water Reserve Fund $219,781.87 183,130.00 OSTAR 183130,00 $0.00 $36,651.87
31 Kincardine Cern. Cap. Res. Fd $5,133.27
0,00 $0.00 $5,133.27
32 Kincardine Landfill Res. Fund $182 971.36 20,000.00 Closure 20,000.00 30 900.00 4445 $30,900.00 193871.36
37 Ward III Rural Road & Brid es RF $652,990.51 126,000.00 Sunset 126000,00 $0.00 $526990.51
42 Inver. Sana Storm. Sew. Res. Fd $130,614.88 315.00 GPO
315.00 $0.00 $130,299.88
47 Fish Conservation Reserve Fund $0.00 0.00 1,100.00 8101 1,100.00 $1100.00
49 Equipment Rep!. Res. Fund $1,017,090.67 4,000.00 1120 200,000.00 11-4 Tanker 3,500.00 1118 105,000.00 plow truck
3,000.00 2251 11,000.00 BreathlngAp 10,000.00 1120 10,000.00 scissor lift
6,000.00 2100 2,575.00 1121
115,000.00 2100
26,780.00 3000
2,000.00 7199
10,000.00 .022
224 000.00 $284,B55.00 $1 ,on .945.67
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
Reserves Fund Balancos
2008
Balance as of Trffrom Res F
209.
Trffrom Res F
SubTotal
2008
Trfto Res F
200.
Trfto Res F
2008
Trfto Res F
subtotal
2008
lme_
Balance
Jan I, 2008 to revenue 0.'" tocaoital Do" chanoes from revenue Dept from capital Do" from Res F Ro"""" changes from Earned Dec 31st, 200B
51 Rota Dock Reserve Fund $15,051.03 0.00 2,000.00 7313 $2,000.00 $17051.03
52 Roads Ex nditure Reserve Fund $29,771.09 14,000.00 Smith Sidewk 14,000.00 5150.00 3000 629,294.00 Grant $634,444.00 $650 215.09
53 Airport Reserve Fund $38,566.63
0.00 0.09 $38,566.63
54 Tiverton Cern. Ca . Res. Fd $90,487.11 61000.00 Pureh land 61000.00 25,000.00 5551 $25000.00 $ 7.11
55 Parkland Trust Reserve Fund $41,694.59
0.00 $0.00 $41,694.59
56 Kine Arts Faclr Reserve Fund $1,000,000.00 42 000.00 1137 42,000.00 $0.00 42,000.00 $1,000,000.00
57 Tiverton S rts Centre Res Fd $23 840.48 19217.00 Dehumidifier 19,217.00 $1,435.00 7010 $1435.00 $ 058.48
58 Capital Expenditure Res. Fd $1,690,958.07 1,003,564.00 DC Addition 1,978.00 1137
0.00 KCMC 10,000.00 8021
3198.00 RadarS-ian 1 006 762.00 45,000.00 1112 $56,978.00 $741174.07
59 Tax Appeal Omitted Assessment $801,563.28 0.00 KCMC
0.00 0.00 14,000.00 $815,563.28
60 Tourism Res Fd $637122.86 600,000.00 Info Bid 600,000.00 $0.00 $37 122.86
61 Paisle Fire De Ca . Res. Fd $281.25 0.00 $0.00 $281.25
63 Trails Brld In RF $0.00 0.00 $0.00 $0.00
64 Downtown Revitalizallon $52,612.18 0.00 $0.00 $52,612.18
65 Tax Mltlgallon RF $2,215,630.74 343,500.00 1112
0.00 $343,500.00 $2,559,130.74
66 Kine. Health Care RF $1,706,784.88 0.09 KCMC 100,000.00 1112 $100,000.00 $18De,784.8B
67 Mun Sewer RF $1,444,718.37 20,000.00 DralnageSt 530,611.00 4411 44,450.00 lakeSt
407,000.00 UVDlslnfect
10,000.00 Pk St Valves
90,000.00 Pk St Forcemn
20,000.00 HT Bridge
10,000.00 Rate Study
2,520.00 GPS 559,520.00 $575061.00 $1 460,259.37
68 Water Res Fund ($179,403.29) 140,000.00 Meters
11,100.00 Oversize Pipes 776,876.00 4425 10,200.00 Underwood
20,000.00 Scott's PI Study 12,300.00 Scoll's PI
104,500.00 Saragota Road 29,400.00 lakeSt
130,000.00 Backwash Pu
0.00 Paint Tower
60,000.00 Fencing
20,000.00 Decommision
5,000.00 HT Bridge
25,000.00 Annow Well
80,000.00 Annow Dlst
7,500,00 Rate Study
5,265.00 GPS
74,100.00 ChartesSt 662,465.00 $828,n6.00 1$13.092.29
69 Marina Res Fund $23,283.75 $0.00 $23,283.75
70 Tlverton Ener Fesitval $15,186.49 15 275.00 15275.00 $0.00 -$88,51
71 Federal Gas Tax Res Fund $207,488.72 28,000.00 Cap Asset
28,000.00 $179,488.72
72 Recreation Reserve Fund $117,000.00 $35,000.00 $35000.00 $152,000.00
73 Buildin Fee Reserve Fund $500,000.00 $92,852 2241 $92,852 $407,148.00
Total of Reserve Funds ~13 835127.29 1201927.00 $4.007 195.00 $4_209 122.00 ~2 293 936.00 ~1 049_R.44oo '0.0. '3 343 .0..0 053.045.01 ~13 022 630.':tn
2008
Balance as of Trf from Res F
Jan 1, 2<108 to revenue
2008
Trffrom Res F
Dept to capital
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
Reserves Fund Balances
2008
SubTotal Trfto Res F
changes from revenue Dept
Dep'
2008
Trfto Res F
from capital
subtotal
2008
Interest
Earned
Balance
Dec 31st, 2008
Dept
Total KBT Reserve Funds $13,835,127.29 $201,927.00 $4,007,195.00 $4,209,122.00 $2,293,936.00 $1,049,644.00 $0.00 $3,343,580.00 $53,045.01 513.022,630.30
Total Ward 1 Reserve Funds $1,830,231.07 $15,000.00 622,356.00 $637,356.00 $10,910.00 $547,400.00 $558,310.00 $0.00 $1,751,185.07
Total Ward 2 Reserve Funds $34,264.42 $0.00 $0.00 $0.00 $0.00 SO.OO $0.00 $1,000.00 $35,264.42
Total Ward 3 Reserve Funds $38,926.47 $0.00 0,00 $0.00 $0.00 $0.00 $0.00 $1,480,00 $40,406..47
Total Reserve Funds $15,738,549,25 $216,927.00 $4,629,551,00 SO.OO $4.846,478.00 $2,304,846.00 $0.00 $1,597,044,00 $0.00 $3,901,890,00 $55,525,01 $14,849,486.26
Apr 18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVE AND RESERVE FUNDS BALANCES - WARD 1
Balance as of Net Change Balance
Reserves Jan 1 st, 2008 for the Year Dec 31st, 2008
Inventory Reserve $11,000 $0 $11,000
Library Furniture Reserve ~3,911 ~ ~3,911
Total of Reserves ~14,911 ~ ~14.911
Reserve Funds
Equipment Repl. Res. Fund $1,005,041 (370,515) $634,526
Capital Expenditure Res. Fund (6,425) 6,425 0
Industrial Development Res. Fd $632,192 350,044 $982,236
Heritage Reserve Fund $2,571 0 $2,571
Parking Reserve Fund $116,986 (65,000) $51,986
Parkland Trust Reserve Fund $0 0 $0
New Lot Levies Reserve Fund $65,063 0 $65,063
Old Lot Levies Reserve Fund $14,803 0 $14,803
Total of Reserve Funds ~1 ,830,231 ~ (79,046) ~1,751.185
Total Reserve & Res. Funds $1,845,142 $ (79,049) $1.766,096
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES BALANCES _ WARD 1
2008 2008 Total 2008 2008 Total
Balance T rf from Res Trffrom Res TrftoRes TrftoRes Balance
Reserves Jan 1st, 2007 to revenue Deot tocaoital Deot from revenue Deot from caoital DeDi Dec. 31st, 2008
Inventory Reserve $11,000.00 0.00 0.00 $11,000.00
Library Furniture Reserve $3911.17 0.00 0.00 $3911.17
Total of Reserves $14911.17 $0.00 $0.00 0.00 $0.00 $0.00 $0.00 $14911.17
Apr18/08
Apr18J08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVF FIINDS BALANCES" WARD 1
2008 2008 Total 2008 2008 2008 Total 'ODS
Balance as of TrffromResF TrffromResF TrftoResF TrftoResF Trfto/fr Interest Balance
Reserve Funds Jan 1st, 20<18 to revenue Dept tocapltal Dept from revenue Dept fromcaDital DeDt Res Fund Earned Dee 31st, 20aS
26 Equipment Repl. Res. Fund $1,005,041.28 375,000,00 Pumper 12"2 10,910.00 Marina
375000,00 (6425.18\ 4484.82 $634526.10
29 CaDltal ExoenditureRes. Fund 1$6425.181 6425.18 6425.18 $0.00
30 Industrial DevelopmentRes.fd $632,192.23 10,000.00 IndStudy 547,400,00 Land sale
60,000.00 Dur11amIMTO
127356.00 Info Centre 197356.00 547.400.00 $982236.23
33 Herlta eReserveFund 0.00 0.00 2571.12
34 Parkin Reserve Fund 15000.00 fa d, so 000.00 access loans 65000.00 0,00 $51986.07
35 Parkland Trust Reserve Fund 0.00 0.00 '00
36 New Lot Levies Reserve Fund 0.00 0.00 65063,03
48 Old Lot levies Reserve Fund 'OD 0.00 $14,802.52
Total of Reserve Funds $11!~0 231 07 lli.QQMQ == """""'" >1M1Q.QQ $547400,00 $558310,00 moo $1751185.07
Apr1808
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES & RESERVE FUNDS BALANCES - WARD 2
Balance as of Net Change Balance as of
Reserves Jan 1 st, 2008 for the Year Dec 31st, 2008
Armow Community Reserve $47,852 ($23,000) $24,852
Culvert Cap. Reserve $12,142 ($7,500) $4,642
Deciduous Trees Reserve $13,745 $0 $13,745
Fire Truck Reserve 6,500.25 $0 6,500.25
Total of Reserves $80.239 ($30.500) $49.739
Reserve Funds
Development Reserve Fund $5,991 $200 $6,191
Lot Levy Reserve Fund $24,695 $700 $25,395
Recreation Reserve Fund $936 $25 $961
Subdivision Reserve Fund $2,642 $75 $2,717
Total of Reserve Funds $34.264 $1.000 $35 .264
Total of Reserves & Res. Funds $114503 $ 129 500) $85 003
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE 6:00PM Apr180S
RESERVES BALANCES - WARD 2
Total Total
Balance as of 2008 2008 2008 2008
Trffromres Trffromres Trito res Trito res Balance
Reserves Jan. 1st, 2008 to revenue Cep! to capital Cep! from revenue CeP! from capital Dept Dec 31/08
Armow Capital Reserve 47,851.94 8,000.00 1131 15,000.00 Stairs rail 23,000.00 0.00 24,851.94
Culverts Capital Reserve 12,141.63 7,500.00 7,500.00 0.00 4,641.63
Deciduous Trees Reserve 13,745.12 0.00 0.00 13745.12
Fire Truck Reserve 6,500.25 0.00 0.00 6,500.25
Total of Reserves 80,238.94 8000.00 22,500.00 30,500.00 0.00 0.00 0.00 49,738.94
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Apr1808
RESERVES FUNDS BALANCES. WARD 2
,oW'
Balance as of 2008 2008 2008 2008 Interest
Trf from res Trffrom res Trftores Trftores Balance
Reserves Jan 1st, 2008 to revenue DeDt to caDital DeDt from revenue DeDt from caDital DeDt Total earned Dec 31st, 2008
Reserve Funds
38 Development Reserve Fund $5,990.83 0.00 0.00 200.00 $6,190.83
39 Lot Levy Reserve Fund $24,695.11 0.00 0.00 700.00 $25,395.11
40 Recreation Reserve Fund $936.45 0.00 0.00 25.00 $961.45
41 Subdivision Reserve Fund $2,642.03 0.00 0.00 75.00 $2,717.03
Total of Reserve Funds $34264.42 0.00 0.00 0.00 0.00 ,!Q 0.00 1000.00 $35 264.42
Apr 18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES & RESERVE FUNDS BALANCES - WARD 3
Balance as of Net Change Balance as of
Jan 1 st, 2008 for the Year Dec 31st, 2008
$315 $0 $315
$45,860 $0 $45,860
$20,316 $0 $20,316
$20,316 ($20,316) $0
$783 ($783) $0
$87.591 ($21.1001 $66.491
Reserves
Tiverton Contigency Reserve
Underwood Com. Centre 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
(602) (20) (622)
$26,238 1,000 $27,238
$13,290 500 $13,790
$38 926 $ 1480 40 406
$126517 $ (19620) $ 106897
Total of reserve Funds
Total of Reserves & Res. Funds
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES BALANCES - WARD 3
Apr18108
2008 2008 Total 2008 2008 Total
Balance as of Tti from Res Ttifrom Res Ttito Res Trito Res Balance as of
Reserves Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Dec 31st, 2007
Tiverton Contiaencv Reserve $315.04 0.00 0.00 $315.04
Underwood Com. Centre Reserve $45859.68 0.00 0.00 $45859.68
Tiverton StreetliQhts Reserve $20316.22 0.00 0.00 $20316.22
Tiverton Sidewalk Reserve $20316.22 20316.22 KinaSt 20316.22 0.00 nn mmmmjij$D,QOt
immm :!!!!I~~~~1iili
Tiverton Sports Centre Reserve $783.44 783.44 Dehumidifier 783.44 0.00 ~.;;;;'s;
Total of Reserves $87.590.60 0.00 21.099.66 21,099.66 0.00 0.00 0.00 $66.490.94
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Apr18108
RESERVE FUNDS BALANCES ~ WARD 3
2008 2008 Total 2008 2008
Balance as of TrffromRes TrffromRes TrftoRes TrftoRes Interest Balance
Reserve Funds Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Total earned Dec 31st, 2008
43 Parkland in Trust Reserve Fund ($601.73) 0.00 (20.00) ($621.73)
45 Equipment Reserve Fund $26,237.95
0.00 1 ,000.00 $27237.95
46 Development Charges Res. Fund $13,290.25 0.00 0.00 500.00 $13,790.25
Total of reserve Funds $38926.47 0.00 0.00 0.00 0.00 lQ 0.00 1 480.00 $40 406.47