HomeMy WebLinkAbout03/20/2006 Budget
REPORT #1
REPORT TO COUNCIL MEETING OF MARCH 20, 2005
SUBJECT: SPECIAL GENERAL PURPOSE AND ADMINISTRATION
COMMITTEE MEETING OF FRIDAY, MARCH 3, 2006
RECOMMENDATION:
1. 2006 CURRENT AND CAPITAL BUDGET
THAT Report FND-002-06 be received;
THAT the 2006 Budget be reduced by $94,400, by making the following
changes:
1) Defering bridge work at Nichols and Rundle Road to the year 2007 -
$14,000;
2) Defering Lambs Road and Concession 4 Drainage to the year 2007 -
$10,000;
3) Defering guiderail replacement for Lake Road, Bowmanville - $7,000;
4) Reducing traffic sign replacement by $10,000;
5) Reducing guide post replacement by $5,000;
6) Eliminating satellite link for Channel 12 - $20,000;
7) Reducing Bowmanville Indoor Soccer Hydro by $10,000; and
8) Reducing Rickard Recreation Complex Hydro budget by $18,400;
THAT the Furniture/Fixture Accounts totaling $79,500 be reduced by 70%;
THAT the Other Capital Accounts totaling $39,400 be reduced by 50%;
THAT the Other Equipment Accounts totaling $27,100 be reduced by 50%;
THAT the Operations Department budget for Student Wages be reduced from
$8,500 to $6,000;
THAT the hiring of four firefighters in December 2006 at a cost of $28,750
be approved;
Report #1 - 2 - May 16, 2005
THAT the Clarington Older Adult Association request for $9,000 from the
Capital Reserve Fund for the purchase of three office workstations be
approved;
THAT Schedules “A”, “B” and “C” in Report FND-002-06 outlining Reserve
and Reserve Fund Contributions be approved;
THAT additional revenues earned through increases in fees for recreational
facilities be set aside in a Community Services building replacement reserve
fund, with no impact on the existing tax base;
THAT approximately $1,000,000 be drawn from the accumulated surplus to
offset the tax rate impact;
THAT the financing of capital projects, as outlined in the document attached
to Report FND-002-06 be approved;
THAT the capital forecast be received for information;
THAT the external agencies referred to in Report FND-002-06 be advised of
Council’s decision regarding their grant request;
THAT 2006 staffing changes be approved, as identified in Report
FND-002-06;
THAT Report FND-002-06 satisfy the requirements of Section 300(1) of the
Municipal Act, S.O. 2001, c.25; and
THAT the appropriate by-laws to levy the 2006 tax requirements for
Municipal, Regional and Education purposes be forwarded to Council for
approval, once final tax policy information is available.