Town of Cobourg 2018 Current Operating Budget
TOWN OF COBOURG 2018 CURRENT OPERATING BUDGET SUMMARY 2018 2018 2019 2020 2017 DEPT % FINAL % FORECAST FORECAST BUDGET REQUEST APPROVED DIRECT CONTROL NET EXPENDITURES 16,805,446 17,390,066 3.5 0 (100.0) 20,846,997 20,474,782 DIRECT CONTROL REVENUE -253,000 -375,100 48.3 0 (100.0) -534,300 -520,600 DIRECT NET COST 16,552,446 17,014,966 2.8 0 (100.0) 20,312,697 19,954,182 POLICE - NET - OPERATING 6,032,105 6,048,405 0.3 0 (100.0) 6,341,754 6,610,833 - CAPITAL 50,000 75,000 50.0 0 (100.0) 00 POLICE NET COST 6,082,105 6,123,405 0.7 0 (100.0) 6,341,754 6,610,833 TOTAL FOR MUNICIPAL LEVY 22,634,551 23,138,371 2.2 0 (100.0) 26,654,451 26,565,015 Note 1 Note 1 IMPACT OF NEW ASSESSMENT GROWTH 158,500 0.7 IMPACT ON PRIOR EXISTING ASSESSMENT 22,979,871 1.5 0 (100.0) Note 1: Readers are cautioned that the 2019 and 2020 columns and forecast only and have not been approved by Council at this time. The forecast numbers do not take into account various forms of capital financing such as the use of reserves, grants and long-term debt, all of which reduce the Municipal Tax Levy. TOWN OF COBOURG 2018 BUDGET PAGE #1 TOWN OF COBOURG 2018 CURRENT OPERATING BUDGET SUMMARY 2018 2018 2019 2020 FUNCTION 2017 DEPT % FINAL % FORECAST FORECAST BUDGET REQUEST APPROVED NET EXPENDITURES GENERAL GOVERNMENT 2,504,848 2,868,370 14.5 0 (100.0) 3,393,945 3,404,504 PROTECTION - OTHER 3,457,769 3,481,705 0.7 0 (100.0) 3,620,339 3,763,117 PUBLIC WORKS 4,139,038 4,238,295 2.4 0 (100.0) 4,367,176 4,457,645 ENVIRONMENTAL 37,725 37,825 0.3 0 (100.0) 38,425 39,025 SOCIAL & FAMILY 43,000 21,500 (50.0) 0 (100.0) 21,500 0 PARKS & RECREATION 3,322,763 3,480,076 4.7 0 (100.0) 3,699,436 3,817,164 CULTURE & COMMUNITY 1,392,846 1,486,296 6.7 0 (100.0) 1,455,147 1,494,885 PLANNING & RESIDENTIAL 427,138 423,229 (0.9) 0 (100.0) 468,409 481,146 COMMERCIAL & ECO.
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