AprillS, 2017

Charlene Jackson Township of Laurentian Valley 460 Witt Road Pembroke, ON K8A6WS

Dear Ms. Jackson:

Please be advised that at their meeting of March 23,2017, the Pembroke & Area Airport Commission drafted their estimates for 2017. A copy of the budget spreadsheet and municipal requisition apportionments are attached hereto.

Under Section 7 of the Joint Ownership, Management and Funding Agreement, the budget must now be forwarded to each Council for review and approval. The acceptance of the estimates by 75% of party municipalities is required for implementation.

Yours truly,

Natalie Tricco Assistant to the Pembroke And Area Airport Commission

Pembroke and Area Airport ) 176 Len Hopkins Drive, RR#6 I Pembroke, I K8A 6W7 Phone: 613-687-5300 I After Hours Phone: 613-732-3525 I Fax: 613-687-8293 I www.flvcvta.ca I [email protected] PEMBROKE AND AREA AIRPORT COMMISSION BUDGET PERFORMANCE 2015 2015 2016 2016 2017 GILACCT DESCRIPTION BUDGET ACTUAL BUDGET ACTUAL BUDGET 31-Dec-15 31-Dec-16 REVENUES

4030 Interest Income 720 836 600 838 600 4040 Investment Income 2640 -4623 2500 10428 10000 4060 Miscellaneous Income 500 4391 500 45044 500 4065 Garrison Subsidy 0 0 60000 44167 44167 4070 Municipal Operating Subsidy 69811 69810 73302 73302 76967 4075 RCCFDC 0 8874 0 0 0 4080 Land Lease 8868 7068 7667 7668 7868 4090 Terminal Building Rental 100 743 1180 7711 100 4100 Hangar Rentals 26288 41619 49600 45454 45000 4110 Warehouses 8400 17400 8400 8400 8400 4200 Fuel Sales- Jet A1 112000 107204 112000 196610 112000 4210 Fuel Sales - 1OOLL 96000 94407 100000 95124 100000 4215 Fuel Sales - MoGas 1500 1269 1500 1231 1500 4250 Tied owns 2950 7228 4500 10388 3000 4255 Ground Maintenance 11598 12038 2400 3080 3000 4260 Galeage 41056 42269 7740 6000 5400 4270 Ground Power Unit 2500 4650 2500 8075 3000 4280 Deidng Revenue 0 375 0 5655 0 4320 Landing Fee Revenue 3000 3460 3000 4200 3500 4325 Callouts 3500 4050 3500 7800 3500 4350 Solar Revenue 27000 31604 28000 30951 30500 4400 Appropriation from Reserve 107343 0 88143 0 118405 Total Revenue 525774 454672 557032 612126 577407

EXPENDITURES 5200 Fuel Purchases- Jet A1 80000 53578 60000 99112 60000 5210 Fuel Purchases - 100LL 80000 72244 80000 71874 80000 5220 Fuel Purchases - Gasoline 7000 5925 7000 4573 7000 5230 Fuel Purchases - Diesel 6000 6198 6500 4328 6500 5240 Grease & Oil Purchases 1000 698 1000 2259 1000 5410 Wages & Salaries Full Time 101903 101262 104300 106924 110132 5415 Wages Part Time 43885 37289 45202 44459 55000 5420 El Expense 3790 3587 3695 3844 3959 5430 CPP Expense 6887 6554 6751 6974 7183 5440 WSIB Expense 2668 2722 2736 2965 2717 5460 EHT Expense 1429 1458 1465 1458 1471 5470 Employee Benefits 10405 10774 11097 10655 11013 5510 Accounting Fees 5350 5550 5700 5700 5800 5520 Advertising & Promotion 12000 13225 29000 16592 24275 5540 Business Fees & Licenses 12115 26428 48681 17549 8452 5560 Credit Card Fees 6000 5198 5655 7215 5655 5590 Gas Pump Repairs 2000 0 3000 3344 3000 5595 Insurance 33000 29834 30000 29972 31000 5600 Legal Fees 1000 485 1000 525 1000 5610 Office Supplies 5000 3783 6000 6591 7000 5640 Miscellaneous Expenses 0 0 0 24242 0 5670 Protection & Security 1592 1475 1500 1889 1500 5690 Repair & Maintenance -Airport 5000 3243 5000 3778 5000 5695 Repair & Maintenance - Equipment 5000 654 12000 14106 12000 5700 Repair & Maintenance - Runway 35000 13427 20000 9064 15000 5710 Repair & Maintenance - Hangar 5000 3268 5000 246 5000 5775 Supplies 5000 4620 5000 4365 5000 5780 Telephone 5500 7043 7000 4900 7000 5790 Training, Education & Travel 2000 484 2500 2768 2500 5820 Utilities 25000 22074 25000 32448 27000 5830 Utilities - Hangar 15000 10818 15000 13608 15000 5835 Utilities - Solar 250 184 250 189 250 5900 Strategic Plan 0 0 0 0 50000 5950 Transfer to Reserve 0 0 0 0 0

Total Expenses 525774 454082 557032 558516 577407 SURPLUS/DEFICIT 0 590 0 53610 0 PEMBROKE & AREA AIRPORT COMMISSION

MUNICIPAL REQUISITION: 76967

FOR THE YEAR: 2017

MUNICIPALITY TOTAL ASSESSMENT PERCENTAGE OF TOTAL PORTION OF REQUISITION

DEEP RIVER 495284232 8.060% 6203.72

LAURENTIAN HILLS 424497300 6.908% 5317.07

LAURENTIAN VALLEY 1184620178 19.278% 14838.05

PEMBROKE 1307297983 21.275% 16374.66

PETAWAWA 1847611045 30.068% 23142.39

WHITEWATER REGION 885476700 14.410% 11091.11

6144787438 100.000% 76,967.00 Pembroke and Area Airport Commission INVOICE 176 Len Hopkins Drive, RR #6 Pembroke, ON K8A 6W7 Invoice No.: 2017 www.flycyta.ca Date: 04/1512017 613-687-5300 Ship Date: Page: Re: Order No.

Sold to: Ship to: TOWNSHIP OF LAURENTIAN VALLEY TOWNSHIP OF LAURENTIAN VALLEY

Business No.: R122050826

Item No. Unit Quantity Descr1ptlon Tax Unit Price Amount

MUNICIPAL LEVY Each 1 MUNICIPAL LEVY 14,838.05 14,838.05

Shipped By: Tracking Number:

Comment: Total Amount 14,838.05

Sold By: