HomeMy WebLinkAbout15 136 2015 budget amendment (1) by-law THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
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BY -LAW
NO. 2015 -136
BEING A BY -LAW TO AMEND BY -LAW NO. 2015 -032 — BEING A BY -LAW TO
ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR
2015
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. 2015 -032, adopted the estimates of all sums
required during the year 2015;
AND WHEREAS the Council of The Corporation of the Municipality of Kincardine
deems it necessary to transfer of funds from the Whitney Crawford Community
Centre Reserve Fund (Fund 25) to the current budget to complete step one as
outlined in Report REC 2015 -10 regarding the recommendations for a new build
for the Whitney Crawford Community Centre;
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. That Schedule "A" of By -law No. 2015 -032 be hereby repealed and
replaced with the attached Schedule "A ".
2. This by -law shall come into full force and effect upon its final passage.
• 3. This by -law may be cited as the "2015 Budget Amendment (1) By -law ".
READ a FIRST and SECOND TIME this 7th day of October, 2015.
READ a THIRD TIME and FINALLY PASSED this 7th day of October, 2015.
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Mayor Deputy Clerk
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• 2015 Operational Budget Summary
Comparison to 2014
2014 Budget 2015 Budget $ Change % Change
Revenue
Taxation 12,081,423 13,189,053 1,107,629 9.2%
General Government
Council 17,600 17,300 -300 -1.7%
CAO 128,650 128,100 -550 -0.4%
Treasury 3,114,000 1,911,200 - 1,202,800 -38.6%
Clerk 86,250 16,690 - 69,560 -80.6%
Economic Development - 13,500 13,500 0.0%
Tourism 43,600 45,300 1,700 3.9%
0 Protective Services
Fire 142,300 144,617 2,317 1.6%
Police 56,388 57,967 1,579 2.8%
Public Works
General 603,620 577,703 - 25,917 -4.3%
Water & Sewer 4,620,958 4,470,246 - 150,712 -3.3%
Recreation 1,573,587 1,553,620 - 19,967 -1.3%
Building & Planning 812,059 929,328 117,269 14.4%
Total Revenue $ 23,280,436 $ 23,054,623 - 225,812 -1.0%
Expense
General Government
Council 374,802 348,163 - 26,638 -7.1%
CAO 616,074 631,702 15,628 2.5%
Treasury 1,017,264 1,011,127 -6,138 -0.6%
III Clerk 493,045 420,406 72,639 -14.7%
Economic Development 183,164 51,800 - 131,364 -71.7%
Tourism 308,581 287,253 - 21,328 -6.9%
2,992,930 2,750,451 - 242,479 -8.1%
Protective Services
Fire 1,057,516 1,102,267 44,750 4.2%
Police 2,780,748 2,377,183 - 403,565 -14.5%
3,838,265 3,479,450 - 358,815 -9.3%
Public Works
General 5,057,655 5,211,507 153,852 3.0%
Water & Sewer (incl. amort'n and 4,620,958 4,470,247 - 150,712 -3.3%
transfers) 9,678,613 9,681,754 3,141 0.0%
Recreation 3,761,605 3,671,049 - 90,556 -2.4%
Building & Planning 2,159,981 2,536,920 376,939 17.5%
Total Expense $22,431,392 $ 22,119,623 - 311,769 -1.4%
Amortization (excluding water & sewer)
• 785,000 935,000 150,000 19.1%
Surplus (Deficit) $ 64,043 $ 0
Contribution to Capital $ (64,043) $ (0)
Net Surplus (Deficit) $ -