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