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.

 

 

 

 

______________________________________

Andr 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