THE CORPORATION OF THE VILLAGE OF
MONTROSE
BYLAW #562
A BYLAW TO ADOPT A FINANCIAL PLAN FOR THE
PERIOD OF 2000 TO 2004
WHEREAS
section 327 of the Municipal Act
RS Chap. 323 requires that Council adopt a financial plan for a period of five
years, and
WHEREAS section 327.1 of the Municipal Act RS Chap. 323 requires that Council undertake a
process of public consultation prior to the adoption of the financial plan,
NOW
THEREFORE, the Council of the Village of Montrose, in open meeting assembled,
hereby ENACTS AS FOLLOWS:
1. (1) This
Bylaw may be cited as the “Montrose Financial Plan 2000-2004 Bylaw”.
2. (1) “Essential
Service” means a service to which the following criteria shall apply:
(a)
Revenues
raised to meet the demands of the service;
(b)
Reserves
maintained to provide for emergency funds;
(c)
Reserves
maintained for the replacement of plant and equipment;
(d)
Maximum
12-month response time for replacement and upgrading work;
(e)
Built-in
redundancy;
(f)
Borrowing
to be authorized if current revenues are inadequate.
(2) Essential Services shall include:
(a)
The
domestic water system;
(b)
The
sanitary sewer system;
(c)
The storm
drain system.
3.
(1) “Secondary
Service” means a service to which the following criteria shall apply:
a.
Funding
capped at a rate per capita for the Village population;
b.
Reserves
established to retain current year surpluses;
c.
Service
quality priority over service quantity;
d.
Borrowing
only as approved through the budget process.
(2) Secondary Services shall include:
(a)
Parks,
playgrounds, and playing fields;
(b)
Municipal
buildings;
(c)
Road
system;
(d)
Solid waste
removal.
4. (1) “Tertiary
Service” means a service to which the following criteria shall apply:
(a)
Funding
capped at a rate per capita for the Village population;
(b)
Key task
scheduling;
(c)
Surpluses
to higher priorities;
(d)
Borrowing
by referendum only;
(e)
Interruptible
projects.
(2) Tertiary Services shall include:
(a)
General
Governance;
(b)
Social
Services.
5. (1) Direct user fees shall be the source of
funding for:
(a)
Part of the
operations and maintenance cost of the water system;
(b)
Part of the
operations and maintenance cost of the sewer system;
(c)
100% of the
operations and maintenance cost of the garbage service.
(2) Flat user fees shall be the source of
funding for:
(a)
Part of the
operations and maintenance cost of the water system;
(b)
Part of the
operations and maintenance cost of the sewer system.
6. (1) Parcel taxes shall be the source of funding
for:
(a)
25% of the
operations and maintenance cost of the water system;
(b)
15% of the
operations and maintenance cost of the sewer system;
(c)
100% of the
operations and maintenance cost of the storm drain system.
7. (1) Ad
valorem taxes shall be the default source of funding for all services for which
no designated source of funding is identified in this Bylaw.
8. (1) For
the purpose of this Bylaw, the funding sources and levels indicated shall be
considered target levels to be achieved over the term of this financial plan.
(2) All
excess revenues or excess expenditures accrued in the Water Operating Fund or
the Sewer Operating Fund over the course of a fiscal year shall be transferred
to the General Operating Fund.
9. (1) The
planned revenues and expenditures for the years 2000 to 2004 relating to the
General Operating Fund shall be those recorded on Schedule “A” attached to, and
forming part of this Bylaw.
(2) The
planned revenues and expenditures for the years 2000 to 2004 relating to the
Water Operating Fund shall be those recorded on Schedule “B” attached to, and
forming part of this Bylaw.
(3) The
planned revenues and expenditures for the years 2000 to 2004 relating to the
Sewer Operating Fund shall be those recorded on Schedule “C” attached to, and
forming part of this Bylaw.
10. (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 the final adoption thereof.
READ A FIRST TIME this
21st day of March, 2000
READ A SECOND TIME this
18th day of April, 2000
READ A THIRD TIME this
18th day of April, 2000
RECONSIDERED AND FINALLY ADOPTED this
2nd day of May, 2000
__________________________________ ________________________________
Mayor Village
Clerk
Certified
a true copy of Bylaw #562, as adopted
_______________________________________
Village Clerk
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #562
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
|
|
|
|
|
|
Ad
Valorem Taxes |
118,600 |
109,500 |
66,200 |
50,900 |
32,400 |
|
Drainage
Parcel Taxes |
0 |
0 |
15,000 |
15,000 |
15,000 |
|
Utility
Taxes |
7,600 |
7,600 |
7,600 |
7,600 |
7,600 |
|
Grant
in Lieu of Taxes |
2,400 |
2,400 |
2,400 |
2,400 |
2,400 |
|
TOTAL TAXES |
128,600 |
119,500 |
91,200 |
75,900 |
57,400 |
|
|
|
|
|
|
|
|
SALE OF SERVICES |
|
|
|
|
|
|
Garbage
Service |
2,000 |
20,000 |
37,500 |
44,500 |
44,500 |
|
Other
Services |
1,300 |
1,300 |
1,300 |
1,300 |
1,300 |
|
TOTAL SALE OF SERVICES |
3,300 |
21,300 |
38,800 |
45,800 |
45,800 |
|
|
|
|
|
|
|
|
OTHER REVENUES FROM
OWN SOURCES |
|
|
|
|
|
|
Licenses
& Permits |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
|
Rentals |
79,400 |
79,300 |
79,300 |
79,300 |
79,300 |
|
Miscellaneous |
19,800 |
19,800 |
19,800 |
19,800 |
19,800 |
|
TOTAL REVENUES FROM
OWN SOURCES |
103,400 |
103,300 |
103,300 |
103,300 |
103,300 |
|
|
|
|
|
|
|
|
UNCONDITIONAL
TRANSFERS |
170,000 |
170,000 |
170,000 |
170,000 |
170,000 |
|
|
|
|
|
|
|
|
CONDITIONAL TRANSFERS |
117,900 |
117,900 |
117,900 |
117,900 |
117,900 |
|
|
|
|
|
|
|
|
INTERNAL TRANSFER |
|
|
|
|
|
|
Water
Fund Administration |
20,900 |
21,400 |
21,400 |
21,400 |
21,400 |
|
Sewer
Fund Administration |
66,100 |
67,800 |
67,800 |
67,800 |
67,800 |
|
Future
Capital Expenditures Reserve |
39,200 |
0 |
0 |
0 |
0 |
|
Water
Fund Surplus |
26,200 |
2,800 |
0 |
0 |
0 |
|
TOTAL INTERNAL TRANSFERS |
152,400 |
92,000 |
89,200 |
89,200 |
89,200 |
|
|
|
|
|
|
|
|
COLLECTIONS FOR OTHERS |
527,100 |
528,900 |
528,900 |
528,900 |
528,900 |
|
|
|
|
|
|
|
|
TOTAL GENERAL FUND REVENUES |
1,202,700 |
1,152,900 |
1,139,300 |
1,131,000 |
1,112,500 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #562
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
GENERAL GOVERNMENT SERVICES |
|
|
|
|
|
|
Legislative |
17,000 |
17,000 |
17,000 |
17,000 |
17,000 |
|
General Administration |
130,300 |
130,300 |
130,300 |
130,300 |
130,300 |
|
Other General
Government Services |
27,700 |
27,700 |
27,700 |
27,700 |
27,700 |
|
TOTAL GENERAL GOVT SERVICES |
175,000
|
175,000
|
175,000
|
175,000
|
175,000
|
|
|
|
|
|
|
|
|
PROTECTIVE SERVICES |
10,500
|
10,500
|
10,500
|
10,500
|
10,500
|
|
|
|
|
|
|
|
|
TRANSPORTATION SERVICES |
|
|
|
|
|
|
Equipment Operation
& Maintenance |
22,000 |
22,000 |
22,000 |
22,000 |
22,000 |
|
Workshop |
9,500 |
9,500 |
9,500 |
9,500 |
9,500 |
|
Total Road Maintenance |
45,900 |
45,900 |
45,900 |
45,900 |
45,900 |
|
Traffic Services |
15,800 |
15,800 |
15,800 |
15,800 |
15,800 |
|
TOTAL TRANSPORTATION SERVICES |
93,200
|
93,200
|
93,200
|
93,200
|
93,200
|
|
|
|
|
|
|
|
|
ENVIRONMENTAL HEALTH SERVICES |
46,800
|
47,000
|
44,500
|
44,500
|
44,500
|
|
|
|
|
|
|
|
|
ENVIRONMENTAL DEVELOPMENT |
50,000
|
25,000
|
25,000
|
25,000
|
25,000
|
|
|
|
|
|
|
|
|
RECREATION & CULTURAL SERVICES |
|
|
|
|
|
|
Recreation Commission |
5,100 |
5,100 |
5,100 |
5,100 |
5,100 |
|
Community Hall |
14,300 |
14,300 |
14,300 |
14,300 |
14,300 |
|
Parks |
26,800 |
30,000 |
30,000 |
30,000 |
30,000 |
|
TOTAL RECREATION & CULTURE |
46,200
|
49,400
|
49,400
|
49,400
|
49,400
|
|
|
|
|
|
|
|
|
FISCAL SERVICES |
|
|
|
|
|
|
Debt Servicing |
26,000 |
26,000 |
26,000 |
26,000 |
26,000 |
|
Transfer to Sewer Fund |
68,100 |
58,900 |
34,100 |
17,100 |
0 |
|
Transfer to Other
Funds |
3,800 |
|
5,000 |
5,000 |
5,000 |
|
Transfer of Taxes
Collected for Others |
527,100 |
528,900 |
528,900 |
528,900 |
528,900 |
|
TOTAL FISCAL SERVICES |
625,000
|
613,800
|
594,000
|
577,000
|
559,900
|
|
|
|
|
|
|
|
|
CAPITAL PROJECTS |
|
|
|
|
|
|
Administration |
10,000 |
4,000 |
7,600 |
6,400 |
5,000 |
|
Public
Works |
88,000 |
85,000 |
90,100 |
100,000 |
100,000 |
|
Recreation |
58,000 |
50,000 |
50,000 |
50,000 |
50,000 |
|
TOTAL CAPITAL PROJECTS |
156,000
|
139,000
|
147,700
|
156,400
|
155,000
|
|
|
|
|
|
|
|
|
TOTAL GENERAL EXPENDITURES |
1,202,700 |
1,152,900 |
1,139,300 |
1,131,000 |
1,112,500 |
|
|
|
|
|
|
|
|
General Fund Surplus
(Deficit) |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
Consolidated Funds
Surplus (Deficit) |
0 |
0 |
0 |
0 |
0 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #562
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
28,500 |
30,500 |
32,600 |
34,700 |
36,800 |
|
|
|
|
|
|
|
|
SALE OF SERVICES |
51,800 |
51,800 |
61,100 |
65,700 |
70,400 |
|
|
|
|
|
|
|
|
OTHER REVENUES |
39,900 |
39,900 |
39,900 |
39,900 |
39,900 |
|
|
|
|
|
|
|
|
TOTAL WATER FUND REVENUES |
120,200
|
122,200
|
133,600
|
140,300
|
147,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GENERAL GOVERNMENT SERVICES |
20,900
|
21,400
|
21,400
|
21,400
|
21,400
|
|
|
|
|
|
|
|
|
ENVIRONMENTAL HEALTH SERVICES |
|
|
|
|
|
|
Water Supply &
Distribution System |
|
|
|
|
|
|
Pumping |
40,400 |
40,300 |
40,300 |
40,300 |
40,300 |
|
Other
System Maintenance |
14,500 |
14,500 |
14,500 |
14,500 |
14,500 |
|
Total Water Supply
& Distribution System |
54,900 |
54,800 |
54,800 |
54,800 |
54,800 |
|
TOTAL ENVIRONMENTAL HEALTH |
54,900
|
54,800
|
54,800
|
54,800
|
54,800
|
|
|
|
|
|
|
|
|
FISCAL SERVICES |
|
|
|
|
|
|
Debt Servicing |
|
|
|
|
|
|
Long-Term
Interest |
12,100 |
12,100 |
12,100 |
12,100 |
12,100 |
|
Principal
Installments |
6,100 |
6,100 |
6,100 |
6,100 |
6,100 |
|
Total Debt Servicing |
18,200 |
18,200 |
18,200 |
18,200 |
18,200 |
|
Transfer to Future
Reserves |
0 |
0 |
4,200 |
5,900 |
2,700 |
|
Transfer to General
Revenue Fund |
26,200 |
2,800 |
0 |
0 |
0 |
|
TOTAL FISCAL SERVICES |
44,400
|
21,000
|
22,400
|
24,100
|
20,900
|
|
|
|
|
|
|
|
|
TOTAL CAPITAL PROJECTS |
0
|
25,000
|
35,000
|
40,000
|
50,000
|
|
|
|
|
|
|
|
|
TOTAL WATER FUND EXPENDITURES |
120,200
|
122,200
|
133,600
|
140,300
|
147,100
|
|
|
|
|
|
|
|
|
SURPLUS (DEFICIT) |
0 |
0 |
0 |
0 |
0 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #562
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
51,100 |
45,900 |
40,600 |
35,400 |
30,100 |
|
|
|
|
|
|
|
|
SALE OF SERVICES |
68,300 |
85,600 |
118,900 |
142,300 |
166,100 |
|
|
|
|
|
|
|
|
TRANSFER FROM GENERAL
FUND |
68,100 |
58,900 |
34,100 |
17,100 |
0 |
|
|
|
|
|
|
|
|
TOTAL SEWER FUND REVENUES |
187,500
|
190,400
|
193,600
|
194,800
|
196,200
|
|
|
|
|
|
|
|
|
GENERAL GOVERNMENT SERVICES |
66,100
|
67,800
|
67,800
|
67,800
|
67,800
|
|
|
|
|
|
|
|
|
ENVIRONMENTAL HEALTH SERVICES |
|
|
|
|
|
|
Sewage Collection
& Disposal |
|
|
|
|
|
|
Collection
System Maintenance |
8,600 |
8,600 |
8,600 |
8,600 |
8,600 |
|
Lift
Station Maintenance |
15,900 |
15,900 |
15,900 |
15,900 |
15,900 |
|
Sewage
Treatment Plant |
57,000 |
57,000 |
57,000 |
57,000 |
57,000 |
|
Total Sewage
Collection & Disposal |
81,500 |
81,500 |
81,500 |
81,500 |
81,500 |
|
TOTAL ENVIRONMENTAL HEALTH |
81,500
|
81,500
|
81,500
|
81,500
|
81,500
|
|
|
|
|
|
|
|
|
FISCAL SERVICES |
|
|
|
|
|
|
Debt Servicing |
|
|
|
|
|
|
Long-Term
Interest |
18,200 |
18,200 |
18,200 |
18,200 |
18,200 |
|
Principal
Installments |
16,700 |
16,700 |
16,700 |
16,700 |
16,700 |
|
Total Debt Servicing |
34,900 |
34,900 |
34,900 |
34,900 |
34,900 |
|
Transfer to Future
Reserves |
0 |
0 |
2,000 |
2,000 |
2,000 |
|
TOTAL FISCAL SERVICES |
34,900
|
34,900
|
36,900
|
36,900
|
36,900
|
|
|
|
|
|
|
|
|
TOTAL CAPITAL PROJECTS |
5,000
|
6,200
|
7,400
|
8,600
|
10,000
|
|
|
|
|
|
|
|
|
TOTAL SEWER FUND EXPENDITURES |
187,500
|
190,400
|
193,600
|
194,800
|
196,200
|
|
|
|
|
|
|
|
|
SURPLUS (DEFICIT) |
0 |
0 |
0 |
0 |
0 |