THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #578
A BYLAW TO AMEND THE FINANCIAL PLAN FOR THE PERIOD OF 2001 to 2005
WHEREAS the Council of the Village of Montrose deems it necessary to amend the current financial plan,
NOW THEREFORE, the Council of the Village of Montrose, in open meeting assembled, hereby ENACTS AS FOLLOWS:
Short Title
1. (1) This Bylaw may be cited as the "Montrose Financial Plan 2001-2005 Amendment Bylaw".
Amendments
2. (1) Schedule "A" of Bylaw #569 is hereby deleted and replace with Schedule "A" attached to, and forming part of this Bylaw.
(2) Schedule "B" of Bylaw #569 is hereby deleted and replace with Schedule "B" attached to, and forming part of this Bylaw.
(3) Schedule "C" of Bylaw #569 is hereby deleted and replace with Schedule "C" attached to, and forming part of this Bylaw.
Enactment
11. (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 August, 2001
READ A SECOND TIME this 21st day of August, 2001
READ A THIRD TIME this 21st day of August, 2001
RECONSIDERED AND FINALLY ADOPTED this 4th day of September, 2001
__________________________________ ________________________________
Mayor Village ClerkCertified a true copy of Bylaw #578, as adopted
_______________________________________
Village Clerk
THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #578
SCHEDULE "A" – GENERAL FUND REVENUES
|
2001 |
2002 |
2003 |
2004 |
2005 | |
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET | |
|
TAXES |
|||||
|
Ad Valorem Taxes |
110,100 |
77,500 |
66,500 |
66,500 |
66,500 |
|
MCCERC Parcel Taxes |
12,000 |
12,000 |
12,000 |
0 |
0 |
|
Drainage Parcel Taxes |
0 |
15,000 |
15,500 |
15,900 |
16,400 |
|
Utility Taxes |
8,500 |
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 |
133,000 |
114,500 |
104,000 |
92,400 |
92,900 |
|
SALE OF SERVICES |
|||||
|
Garbage Service |
18,500 |
39,600 |
40,700 |
42,000 |
43,200 |
|
Other Services |
6,300 |
1,300 |
1,300 |
1,300 |
1,300 |
|
TOTAL SALE OF SERVICES |
24,800 |
40,900 |
42,000 |
43,300 |
44,500 |
|
OTHER REVENUES FROM OWN SOURCES |
|||||
|
Licenses & Permits |
4,900 |
4,900 |
4,900 |
4,900 |
4,900 |
|
Rentals |
62,800 |
62,800 |
62,800 |
62,800 |
62,800 |
|
Miscellaneous |
25,300 |
25,300 |
25,300 |
25,300 |
25,300 |
|
TOTAL REVENUES FROM OWN SOURCES |
93,000 |
93,000 |
93,000 |
93,000 |
93,000 |
|
UNCONDITIONAL TRANSFERS |
170,100 |
170,000 |
170,000 |
170,000 |
170,000 |
|
CONDITIONAL TRANSFERS |
54,700 |
54,700 |
54,700 |
54,700 |
54,700 |
|
INTERNAL TRANSFER |
|||||
|
Water Fund Administration |
24,800 |
24,800 |
24,800 |
24,800 |
24,800 |
|
Sewer Fund Administration |
70,000 |
70,000 |
70,000 |
70,000 |
70,000 |
|
Future Capital Expenditures Reserve |
9,800 |
0 |
0 |
0 |
0 |
|
Recreation Capital Reserve |
241,700 |
30,000 |
0 |
0 |
0 |
|
Transfer from Water Fund |
33,300 |
||||
|
TOTAL INTERNAL TRANSFERS |
379,600 |
124,800 |
94,800 |
94,800 |
94,800 |
|
COLLECTIONS FOR OTHERS |
501,000 |
528,900 |
528,900 |
528,900 |
528,900 |
|
TOTAL GENERAL FUND REVENUES |
1,356,200 |
1,126,800 |
1,087,400 |
1,077,100 |
1,078,800 |
THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #578
SCHEDULE "A" – GENERAL FUND EXPENDITURES
|
2001 |
2002 |
2003 |
2004 |
2005 | |
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET | |
|
GENERAL GOVERNMENT SERVICES |
|||||
|
Legislative |
16,000 |
17,500 |
18,000 |
18,600 |
19,100 |
|
General Administration |
147,200 |
135,200 |
139,300 |
143,500 |
147,800 |
|
Other General Government Services |
30,500 |
27,500 |
28,300 |
29,200 |
30,100 |
|
TOTAL GENERAL GOVT SERVICES |
193,700 |
180,200 |
185,600 |
191,300 |
197,000 |
|
PROTECTIVE SERVICES |
11,800 |
12,500 |
12,800 |
13,200 |
13,600 |
|
TRANSPORTATION SERVICES |
|||||
|
Equipment Operation & Maintenance |
15,600 |
14,200 |
14,600 |
15,100 |
15,600 |
|
Workshop |
11,600 |
10,300 |
10,600 |
10,900 |
11,200 |
|
Total Road Maintenance |
34,000 |
35,500 |
36,600 |
37,700 |
38,800 |
|
Traffic Services |
13,700 |
13,900 |
14,300 |
14,800 |
14,800 |
|
TOTAL TRANSPORTATION SERVICES |
74,900 |
73,900 |
76,100 |
78,500 |
80,400 |
|
ENVIRONMENTAL HEALTH SERVICES |
42,600 |
39,600 |
40,700 |
42,000 |
43,200 |
|
ENVIRONMENTAL DEVELOPMENT |
9,000 |
11,500 |
12,000 |
12,500 |
12,900 |
|
RECREATION & CULTURAL SERVICES |
|||||
|
Recreation Commission |
13,000 |
13,300 |
13,700 |
14,100 |
14,500 |
|
Community Hall |
18,000 |
16,200 |
16,700 |
17,200 |
17,700 |
|
Parks |
20,800 |
21,700 |
22,400 |
23,100 |
23,800 |
|
MCCERCS |
12,000 |
12,000 |
12,000 |
0 |
0 |
|
TOTAL RECREATION & CULTURE |
63,800 |
63,200 |
64,800 |
54,400 |
56,000 |
|
FISCAL SERVICES |
|||||
|
Debt Servicing |
27,000 |
26,000 |
26,000 |
26,000 |
26,000 |
|
Transfer to Sewer Fund |
64,800 |
16,800 |
2,400 |
0 |
0 |
|
Transfer to Future Capital Reserves |
100 |
9,200 |
13,100 |
10,300 |
5,800 |
|
Transfer of Taxes Collected for Others |
501,000 |
528,900 |
528,900 |
528,900 |
528,900 |
|
TOTAL FISCAL SERVICES |
592,900 |
580,900 |
570,400 |
565,200 |
560,700 |
|
CAPITAL PROJECTS |
|||||
|
Administration |
24,800 |
5,000 |
5,000 |
5,000 |
5,000 |
|
Public Works |
90,500 |
100,000 |
100,000 |
100,000 |
100,000 |
|
Recreation |
252,200 |
60,000 |
20,000 |
15,000 |
10,000 |
|
TOTAL CAPITAL PROJECTS |
367,500 |
165,000 |
125,000 |
120,000 |
115,000 |
|
TOTAL GENERAL EXPENDITURES |
1,356,200 |
1,126,800 |
1,087,400 |
1,077,100 |
1,078,800 |
|
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 #578
SCHEDULE "B" – WATER FUND
|
2001 |
2002 |
2003 |
2004 |
2005 | |
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET | |
|
TAXES |
49,100 |
48,100 |
42,400 |
40,800 |
40,600 |
|
SALE OF SERVICES |
61,900 |
84,000 |
94,700 |
105,000 |
97,000 |
|
OTHER REVENUES |
40,500 |
5,700 |
5,700 |
4,800 |
4,000 |
|
TOTAL WATER FUND REVENUES |
151,500 |
137,800 |
142,800 |
150,600 |
141,600 |
|
GENERAL GOVERNMENT SERVICES |
24,800 |
24,800 |
24,800 |
24,800 |
24,800 |
|
ENVIRONMENTAL HEALTH SERVICES |
|||||
|
Water Supply & Distribution System |
|||||
|
Pumping |
30,300 |
35,200 |
36,300 |
37,400 |
38,500 |
|
Other System Maintenance |
13,900 |
8,900 |
9,200 |
9,500 |
9,800 |
|
Total Water Supply & Distribution System |
44,200 |
44,100 |
45,500 |
46,900 |
48,300 |
|
TOTAL ENVIRONMENTAL HEALTH |
44,200 |
44,100 |
45,500 |
46,900 |
48,300 |
|
FISCAL SERVICES |
|||||
|
Debt Servicing |
|||||
|
Long-Term Interest |
4,100 |
5,800 |
5,800 |
3,700 |
0 |
|
Principal Installments |
2,100 |
8,800 |
8,800 |
8,700 |
0 |
|
Total Debt Servicing |
6,200 |
14,600 |
14,600 |
12,400 |
0 |
|
Transfer to General Revenue Fund |
33,300 |
0 |
0 |
0 |
0 |
|
TOTAL FISCAL SERVICES |
39,500 |
14,600 |
14,600 |
12,400 |
0 |
|
TOTAL CAPITAL PROJECTS |
43,000 |
54,300 |
57,900 |
66,500 |
68,500 |
|
TOTAL WATER FUND EXPENDITURES |
151,500 |
137,800 |
142,800 |
150,600 |
141,600 |
|
SURPLUS (DEFICIT) |
0 |
0 |
0 |
0 |
0 |
THE CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #578
SCHEDULE "C" – SEWER FUND
|
2001 |
2002 |
2003 |
2004 |
2005 | |
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET | |
|
TAXES |
45,900 |
41,600 |
35,000 |
29,500 |
26,100 |
|
SALE OF SERVICES |
85,800 |
118,300 |
142,800 |
167,200 |
154,900 |
|
TRANSFER FROM GENERAL FUND |
64,800 |
16,800 |
2,400 |
0 |
0 |
|
TOTAL SEWER FUND REVENUES |
196,500 |
176,700 |
180,200 |
196,700 |
181,000 |
|
GENERAL GOVERNMENT SERVICES |
70,000 |
70,000 |
70,000 |
70,000 |
70,000 |
|
ENVIRONMENTAL HEALTH SERVICES |
|||||
|
Sewage Collection & Disposal |
|||||
|
Collection System Maintenance |
10,700 |
6,200 |
6,400 |
6,600 |
6,800 |
|
Lift Station Maintenance |
15,400 |
14,300 |
14,700 |
15,100 |
15,600 |
|
Sewage Treatment Plant |
49,500 |
47,400 |
48,800 |
50,300 |
51,800 |
|
Total Sewage Collection & Disposal |
75,600 |
67,900 |
69,900 |
72,000 |
74,200 |
|
TOTAL ENVIRONMENTAL HEALTH |
75,600 |
67,900 |
69,900 |
72,000 |
74,200 |
|
FISCAL SERVICES |
|||||
|
Debt Servicing |
|||||
|
Long-Term Interest |
16,100 |
16,100 |
16,100 |
16,100 |
9,000 |
|
Principal Installments |
34,800 |
16,100 |
16,100 |
16,100 |
12,800 |
|
Total Debt Servicing |
50,900 |
32,200 |
32,200 |
32,200 |
21,800 |
|
Transfer to Reserves for Future Capital |
0 |
0 |
0 |
7,500 |
0 |
|
TOTAL FISCAL SERVICES |
50,900 |
32,200 |
32,200 |
39,700 |
21,800 |
|
TOTAL CAPITAL PROJECTS |
0 |
6,600 |
8,100 |
15,000 |
15,000 |
|
TOTAL SEWER FUND EXPENDITURES |
196,500 |
176,700 |
180,200 |
196,700 |
181,000 |
|
SURPLUS (DEFICIT) |
0 |
0 |
0 |
0 |
0 |