THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #528
A
BYLAW TO ADOPT THE ANNUAL OPERATING BUDGET FOR 1998.
WHEREAS
section 328 of the Municipal
Act (RS Chapter 323) directs the Council of the Village of Montrose
to adopt an Annual Operating Budget,
NOW THEREFORE
the Council of the Village of Montrose, in open meeting assembled,
ENACTS AS FOLLOWS:
SHORT TITLE
1. (1) This
Bylaw may be cited as the "1998 Annual Operating Budget Bylaw"
OPERATING
BUDGET
2. (1) The
Annual Operating Budget for the fiscal year 1998 shall consist of the revenues
set forth in Schedule “A” attached to and forming part of this Bylaw.
(2) The
Annual Operating Budget for the fiscal year 1998 shall consist of the
expenditures set forth in Schedule “B” attached to and forming part of this
Bylaw.
ENACTMENT
3. (1) If
any section, subsection, sentence, clause or phrase of this Bylaw is for any
reason held to be invalid by the decision of any court of competent
jurisdiction, the invalid portion shall be severed and the part that is invalid
shall not affect the validity of the remainder.
(2) This
Bylaw shall come into full force and effect on January 1, 1998.
READ A FIRST TIME this
7th day of April, 1998
READ A SECOND TIME this
21st day of April, 1998
READ A THIRD TIME this
5th day of May, 1998
RECONSIDERED AND FINALLY ADOPTED this day of , 1998
_________________________ _________________________
Mayor Village
Clerk
Certified
a true copy of Bylaw 528, as adopted.
______________________________________
André
Carrel, Village Clerk
THE CORPORATION OF THE
VILLAGE OF MONTROSE
BYLAW #528
SCHEDULE “A”
General Operating Fund Revenues
1998 1997
Budget Actual
Taxes 124,000 119,200
Sale of Services 25,900 27,260
Other Revenues from Own Sources 125,200 28,131
Unconditional Transfers 170,200 170,177
Conditional Transfers 73,500 80,036
Internal Transfers 76,400 39,077
Collections for Others 508,800 483,382
TOTAL GENERAL FUND REVENUES 1,104,000 947,263
Water Operating Fund Revenues
1998 1997
Budget Actual
Taxes 26,800 26,722
Sale of Services 51,000 47,580
Other Revenues from Own Sources 3,900 4,650
Unconditional Transfers 43,300 43,281
Internal Transfers 29,800 16,430
TOTAL WATER FUND REVENUES 154,800 138,663
Sewer Operating Fund Revenues
1998 1997
Budget Actual
Taxes 26,500 26,412
Sale of Services 38,400 34,596
Internal Transfers 12,400 0
TOTAL SEWER FUND REVENUES 77,300 61,008
TOTAL CONSOLIDATED REVENUES 1,336,100 1,146,934
THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #528
SCHEDULE “B”
General Operating Fund Expenditures
1998 1997
Budget Actual
General Government Services 169,900 225,604
Protective Services 15,600 10,032
Transportation Services 113,300 102,680
Environmental Health Services 45,700 24,577
Environmental Development Services 10,000 12,423
Recreation & Cultural Services 48,800 42,855
Fiscal Services 21,800 17,809
Taxes Collected for Others 510,300 485,040
Capital Projects 94,100 21,243
Transfers to Own Funds 0 5,000
TOTAL GENERAL FUND EXPENDITURES 1,029,500 947,263
Water Operating Fund Expenditures
1998 1997
Budget Actual
General Government Services 17,100 421
Environmental Health Services 53,700 36,918
Fiscal Services 63,500 63,479
Capital Projects 30,000 22,912
TOTAL WATER FUND EXPENDITURES 164,300 123,730
Sewer Operating Fund Expenditures
1998 1997
Budget Actual
General Government Services 46,900 785
Environmental Health Services 68,000 35,741
Fiscal Services 14,900 6,504
Capital Projects 12,500 17,978
TOTAL SEWER FUND EXPENDITURES 142,300 61,008
TOTAL CONSOLIDATED EXPENDITURES 1,336,100 1,132,001
SURPLUS (DEFICIT) 0 14,933