Loading...
HomeMy WebLinkAbout2023-06-16Clarftwn Electronic Council Communications Information Package Date: June 16, 2023 Time: 12:00 PM Location: ECCIP is an information package and not a meeting. Description: An ECCIP is an electronic package containing correspondence received by Staff for Council's information. This is not a meeting of Council or Committee. Alternate Format: If this information is required in an alternate format, please contact the Accessibility Coordinator, at 905-623-3379 ext. 2131. Members of Council: In accordance with the Procedural By-law, please advise the Municipal Clerk at clerks@clarington.net, if you would like to include one of these items on the next regular agenda of the appropriate Standing Committee, along with the proposed resolution for disposition of the matter. Items will be added to the agenda if the Municipal Clerk is advised by Wednesday at noon the week prior to the appropriate meeting, otherwise the item will be included on the agenda for the next regularly scheduled meeting of the applicable Committee. Members of the Public: can speak to an ECCIP item as a delegation. If you would like to be a delegation at a meeting, please visit the Clarington website. June 16, 2023 Electronic Council Communications Information Package (ECCIP) Pages 1. Region of Durham Correspondence 1.1 PSA: Upcoming intersection closure at Baseline Road and Trulls Road in 3 Courtice - June 12, 2023 2. Durham Municipalities Correspondence 3. Other Municipalities Correspondence 3.1 Town of Bradford West Gwillimbury - Right to Repair Movement - June 9, 6 2023 4. Provincial / Federal Government and their Agency Correspondence 5. Miscellaneous Correspondence 5.1 Minutes of the Ganaraska Region Conservation Authority dated May 18, 9 2023 5.2 Kawartha Conservation Authority - 2022 Audited Financial Statements - 13 June 14, 2023 Page 2 Chambers, Michelle From: Emily Meek <Emily.Meek@durham.ca> Sent: June 12, 2023 12:00 PM Subject: PSA: Upcoming intersection closure at Baseline Road and Trulls Road in Courtice Some people who received this message don't often get email from emily.meek@durham.ca. Learn why this is important EXTERNAL For your information: The following media material has been distributed to local media and is now available online at durham.ca/newsroom. Details will also be shared on the Region's social media sites (Facebook and Twitter). Should you wish to stop receiving these emails, please notify CorporateCommunications(cD-durham.ca at any time. 10 Emily Meek (she/they) I Communications Advisor Office of the CAO I Communications and Engagement The Regional Municipality of Durham Emily.Meek(&-durham.ca 1 289-830-8601 1 durham.ca D®C30 77ED7))) DURHAM REGION Region of Durham News 6/12/2023 11:36:34 AM Page 3 Upcoming intersection closure at Baseline Road and Trulls Road in Courtice Whitby, Ontario — The Regional Municipality of Durham is advising residents of an upcoming intersection closure at Baseline Road and Trulls Road in the Municipality of Clarington's community of Courtice. When: June 13 to September 30. Unfavourable weather may influence the work schedule. Where: The intersection of Baseline Road and Trulls Road in Courtice. Why: To safely install a new watermain and sanitary sewer and to complete road reconstruction. Note: Baseline Road remains closed between Cigas Road and Trulls Road. Trulls Road remains closed from Baseline Road to 150 metres north of the CP Rail tracks. This work is part of the Courtice Trunk Sanitary Sewer and Watermain Phase 3 and Baseline Road Reconstruction project. To learn more about this project, visit durham.ca/CourticeTrunkSewer. The Region realizes that the construction work will be disruptive and will make every effort to complete the work as quickly and efficiently as possible. —30— Media inquiries: The Regional Municipality of Durham: Corporate Communications 905-668-4113 extension 2383 CorporateCommunications@durham.ca Read this article on our website. 77m7))) DURHAM REGION Page 4 CONTACT US 605 Rossland Rd. E Whitby, Ontario L1 N 6A3 (905) 668-7711 1 Region of Durham THIS MESSAGE IS FOR THE USE OF THE INTENDED RECIPIENT(S) ONLY AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, PROPRIETARY, CONFIDENTIAL, AND/OR EXEMPT FROM DISCLOSURE UNDER ANY RELEVANT PRIVACY LEGISLATION. No rights to any privilege have been waived. If you are not the intended recipient, you are hereby notified that any review, re -transmission, dissemination, distribution, copying, conversion to hard copy, taking of action in reliance on or other use of this communication is strictly prohibited. If you are not the intended recipient and have received this message in error, please notify me by return e-mail and delete or destroy all copies of this message. Page 5 Bradford Town of Bradford West Gwillimbury West 100 Dissette St., Unit 4 Gwillimbury P.O. Box 100, Bradford, Ontario, L3Z 2A7 �`— Telephone:905-775-5366 Fax: 905-775-0153 A Growing Tradition , Office of the Mayor 9 June 2023 Hon. Francois -Philippe Champagne PC MP Minister of Innovation, Science and Economic Development Via email: ministerofisi-ministredeisi(a�-ised-isde.gc.ca Hon. Marie -Claude Bibeau PC MP Minister of Agriculture Via email: Marie-Claude.Bibeau()-a) Dear Ministers: VIA EMAIL On behalf of the Council of the Town of Bradford West Gwillimbury, we are writing to you pursuant to the enclosed motion to endorse the right -to -repair movement and to call on your government to expedite the promised consultations to enshrine this principle in consumer -protection law, with specific consultations and measures related to supporting the agricultural sector undertaken. Right to Repair is a simple environmental and consumer protection measure: it ensures consumers are able to reasonably access repairs to electronic and other devices at a fair price, rather than creating a monopoly through technology companies only being able to repair their own products. This measure will also help reduce waste by combatting planned obsolescence, where companies make products that are only intended to last for a period of some years, and are not really reparable. Further, farmers and growers are intimately familiar with the particular nuances of this issue when it comes to increasingly high-tech agricultural equipment. As the "soup and salad bowl of Canada", Bradford West Gwillimbury is home to many farmers and growers, so we know firsthand how important an issue these consultations will be. Our Council has shown in recent years that we are at the forefront of advocating for important environmental protections, including the Freshwater Action Fund, and we are grateful to our new Green Initiatives Committee for recommending this current piece of advocacy to protect the environment and consumers. Page 6 A copy of the motion is enclosed. We would be happy to meet with you or your representatives to discuss this further. Sincerely yours, C_ J es Leduc ayor CC: John Barlow, MP Foothills Rick Perkins, MP South Shore —St. Margarets Alistair MacGregor, MP Cowichan—Malahat—Langford Rachel Blaney, MP North Island —Powell River Scot Davidson, MP York—Simcoe Federation of Canadian Municipalities Association of Municipalities of Ontario Ontario's Municipal Councils Ontario's Conservation Authorities www.townofbwg.com Page 2 of 3 Page 7 At its Regular meeting of Council held on Tuesday, June 6, 2023, the Town of Bradford West Gwillimbury Council approved the following resolution: Resolution: 2023-199 Moved: Councillor Verkaik Seconded: Councillor Harper Whereas the "right -to -repair" movement seeks to ensure consumers of electronic products, including mobile phones and computers, as well as agricultural equipment, are able to make routine fixes to damaged products without having to rely on the manufacturer and to affordably make such repairs; and Whereas this movement and efforts against "planned obsolescence" seeks to ensure affordability for consumers and to protect our environment by reducing electronic waste; and Whereas the agricultural sector has unique needs related to specialized electronic farm equipment and the ability to make repairs in a timely and affordable manner, especially during the growing season; and Further to a commitment in the 2023 federal budget that "the government will work to implement a right to repair, with the aim of introducing a targeted framework for home appliances and electronics in 2024. The government will launch consultations this summer, including on the right to repair and the interoperability of farming equipment, and work closely with provinces and territories to advance the implementation of a right to repair" (p. 38); and Be it therefore resolved that the committee recommend Council endorse the right -to - repair movement through a letter from the Mayor and Green Initiatives Committee Chair to call on the federal government to expedite the promised consultations to enshrine this principle in consumer -protection law, with specific consultations and measures related to supporting the agricultural sector undertaken; and That a copy of this resolution and letter be shared with the Minister of Innovation, Science and Economic Development; the Minister of Agriculture and their critics; and the Member of Parliament for York—Simcoe; and to the Federation of Canadian Municipalities (FCM), the Association of Municipalities of Ontario (AMO) and Ontario's Municipal Councils, with a request for their endorsement of same. Result: CARRIED. www.townofbwg.com Page 3 of 3 Page 8 GANARASKA REGION CONSERVATION AUTHORITY MINUTES OF THE BOARD OF DIRECTORS May 18, 2023 (Hybrid) G RCA 03/23 1. Welcome, Land Acknowledgement and Call to Order The Chair called the Ganaraska Region Conservation Authority (GRCA) Board of Directors meeting to order at 4:00 p.m. MEMBERS PRESENT: Mark Lovshin, Chair - Township of Hamilton Vicki Mink, Vice - Chair - Municipality of Port Hope Randy Barber - Town of Cobourg Bruce Buttar - Agricultural Representative Miriam Mutton - Town of Cobourg Lance Nachoff - Township of Cavan Monaghan Adam Pearson - Municipality of Port Hope Tracy Richardson - City of Kawartha Lakes Joan Stover - Township of Alnwick/Haldimand Willie Woo - Municipality of Clarington Margaret Zwart - Municipality of Clarington Willie Woo — Municipality of Clarington ALSO PRESENT: Linda Laliberte, CAO/Secretary-Treasurer Cory Harris, Watershed Services Coordinator Ken Thajer, Planning and Regulations Coordinator Pam Lancaster, Conservation Lands Coordinator Ed Van Osch, Forest Recreation Technician ABSENT WITH REGRETS: ALSO ABSENT: Land Acknowledgement The Ganaraska Region Conservation Authority respectfully acknowledges that the land on which we gather is situated within the traditional and treaty territory of the Mississauga's and Chippewa's of the Anishinabek, known today as the Williams Treaties First Nations. Our work on these lands acknowledges their resilience and their longstanding contribution to the area. We are thankful for the opportunity to live, learn and share with mutual respect and appreciation. 2. Disclosure of Pecuniary Interest None. Page 9 Minutes GRCA Board of Directors 03/23 Paae 2 3. Minutes of Last Meeting GRCA 21/23 MOVED BY: Miriam Mutton SECONDED BY: Randy Barber THAT the Ganaraska Region Conservation Authority approve the minutes of the April 20, 2023 meeting. CARRIED. 4. Adoption of the Agenda GRCA 22/23 MOVED BY: Vicki Mink SECONDED BY: Adam Pearson THAT the Ganaraska Region Conservation Authority adopt the agenda. CARRIED. 5. Business Arising from Minutes: None. 6. Delegations None. 7. Presentations a) Ganaraska Forest May 1, 2023 Opening Ed Van Osch, Forest Recreation Technician, provided an update on the Ganaraska Forest opening on May 1, 2023. GRCA 23/23 MOVED BY: Lance Nachoff SECONDED BY: Joan Stover THAT the Ganaraska Region Conservation Authority receive the presentation for information. CARRIED. b) Conservation Authorities Act Legislative Changes Update Linda Laliberte, CAO/Secretary-Treasurer, provided the Board of Directors with an update on the legislative changes to the Conservation Authorities act and Ganaraska's progress in meeting the required deadlines. GRCA 24/23 MOVED BY: Randy Barber SECONDED BY: Miriam Mutton THAT the Ganaraska Region Conservation Authority receive the presentation for information. CARRIED. Page 10 Minutes GRCA Board of Directors 03/23 Paqe 3 c) Natural Hazards Presentation Series — Part 3: Floodplains Cory Harris, Watershed Services Coordinator, and Ken Thajer, Planning and Regulations Coordinator, provided an information session on natural hazards regulated under the Conservation Authorities Act and focused this month's talk on floodplains. Staff provided a presentation on the history of flood plain regulations in Ontario and the evolution of Section 28 of the Conservation Authorities Act. The presentation gave an overview of how flood plain hazards are defined and mapped, including a brief description regarding the difference between one-dimensional (1 D) and two-dimensional (2D) hydraulic models.. Board members found the presentation very informative. GRCA 25123 MOVED BY: Randy Barber SECONDED BY: Miriam Mutton THAT the Ganaraska Region Conservation Authority receive the presentation regarding natural hazards for information. CARRIED. 8. Correspondence None. 9. Applications under Ontario Regulation 168/06: Permits approved by Executive: GRCA 26/23 MOVED BY: Margaret Zwart SECONDED BY: Joan Stover THAT the Ganaraska Region Conservation Authority receive the permits for information. CARRIED. Permit Application requiring Ganaraska Region Conservation Authority Board of Directors discussion: None. 10. Committee Reports: None. 11. New Business: None. 12. Other Busines None. 13. Public Question Period None. Page 11 Minutes GRCA Board of Directors 03/23 Paae 4 14. In Camera None. 15. Adjourn G RCA 27/2023 MOVED BY: Miriam Mutton SECONDED BY: Adam Pearson THAT the meeting adjourned at 5:08 p.m. CARRIED. CHAIR CAO/SECRETAI� -TREASURER Page 12 Nllz� KAWARTHA CONSERVATION Discover• Protect• Restore June 14, 2023 Nicole Pincombe Director, Business Planning and Budgeting Region of Durham 605 Rossland Road East Whitby, Ontario, L1N8Y9 Nicole.Pincombe@durham.ca RE: 2022 Audited Financial Statements Dear Ms. Pincombe: Section 38(3) of the Conservation Authorities Act, R.S.O. 1990, c. C.27 requires that upon receipt of the auditor's report of the examination of our accounts and transactions, that we forward a copy of the report to each participating municipality and to the Minister. Enclosed is a copy of our 2022 Audited Financial statements approved by the Board of Directors as per resolution #62/23. If you have any questions or require further information, please feel free to contact myself directly. Sincerely, Jonathan Lucas Acting Director, Corporate Services Enclosures: 2022 Audited Financial Statements, Kawartha Conservation cc. Mark Majchrowski, Chief Administrative Officer, Kawartha Conservation Joanne Cermak, Director, Financial Services, Region of Durham Ken Nix, Chief Administrative Officer, Township of Scugog Becky Jamieson, Director, Corporate Services/Clerk, Township of Scugog Ingrid Svelnis, Chief Administrative Officer, Township of Brock Fernando Lamanna, Clerk/Deputy CAO, Township of Brock Mary -Ann Dempster, Chief Administrative Officer, Municipality of Clarington June Gallagher, Deputy Clerk, Municipality of Clarington KAWARTHA CONSERVATION 277 Kenrei Road, Lindsay, ON K9V 4R1 705.328.2271 Fax 705.328.2286 Kawa rthaConservation.com Our Watershed Partners: �~ City of Kawartha Lakes • Region of Durham • Township of Scugog • Municipality of ClfttgB Tgw3ship of Brock • Municipality of Trent Lakes • Township of Cavan Monaghan Conservation ��`"' ( TARIO Kawartha Region Conservation Authority Financial Statements For the year ended December 31, 2022 Page 14 Kawartha Region Conservation Authority Financial Statements For the year ended December 31, 2022 Management's Responsibility Independent Auditor's Report Financial Statements Statement of Financial Position Statement of Operations and Accumulated Surplus Statement of Change in Net Financial Assets Statement of Cash Flows Notes to the Financial Statements Schedules Contents 2 3-4 7 9-21 22 - 27 Page 15 MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS The accompanying financial statements of Kawartha Region Conservation Authority (the "Authority") are the responsibility of the Authority's management and have been prepared in compliance with legislation, and in accordance with generally accepted accounting principles for local governments established by the Public Sector Accounting Board of The Chartered Professional Accountants of Canada. A summary of the significant accounting policies are described in Note 1 to the financial statements. The preparation of financial statements necessarily involves the use of estimates based on management's judgment, particularly when transactions affecting the current accounting period cannot be finalized with certainty until future periods. The Authority's management maintains a system of internal controls designed to provide reasonable assurance that assets are safeguarded, transactions are properly authorized and recorded in compliance with legislative and regulatory requirements, and reliable financial information is available on a timely basis for preparation of the financial statements. These systems are monitored and evaluated by Management. Members meet with Management and the external auditors to review the financial statements and discuss any significant financial reporting or internal control matters prior to their approval of the financial statements. The financial statements have been audited by Bb0 Canada LLP, independent external auditors appointed by the Authority. The accompanying Independent Auditor's Report outlines their responsibilities, the scope of their examination and their opinion on the Authority's financial statements. .0 Ch it Robert Rock May 25, 2023 Vice Chair _ Pat Wa May 25, 2023 Page 16 JBDO Tel: 705 726Canada LLP Fax: 705 722 658588 300 300 Lakeshore Drive, Suite 300 www.bdo.ca Barrie, ON, Canada, L4N OB4 Independent Auditor's Report To the Members of Kawartha Region Conservation Authority Opinion We have audited the financial statements of Kawartha Region Conservation Authority, (the "Authority") which comprise the statement of financial position as at December 31, 2022, and the statements of operations and accumulated surplus, change in net financial assets and cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Authority as at December 31, 2022, and the results of its operations, changes in net financial assets, and cash flows for the year then ended in accordance with Canadian public sector accounting standards. Basis for Opinion We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Authority in accordance with the ethical requirements that are relevant to our audit of the financial statements in Canada, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other Matters The financial statements of Kawartha Region Conservation Authority for the year ended December 31, 2021 were audited by another auditor who expressed an unmodified opinion on those statements on April 21, 2022. Emphasis of Matter We draw you attention to Note 2 of the financial statements, which explains that certain comparative information presented for the year ended December 31, 2021 has been restated. Our opinion is not modified in respect of this matter. Responsibilities of Management and Those Charged with Governance for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with Canadian public sector accounting standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Authority's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Authority or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Authority's financial reporting process. BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. Page 17 3 JBDO Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Canadian generally accepted auditing standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with Canadian generally accepted auditing standards, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Authorities internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. • Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Authorities ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Authorities to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Authority to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 13DO Ca*.aol.a, LL P Chartered Professional Accountants, Licensed Public Accountants Barrie, Ontario May 25, 2023 Page 18 4 Kawartha Region Conservation Authority Statement of Financial Position December 31 Financial assets Cash and cash equivalents (Note 4) Accounts receivable (Note 5) Financial liabilities Accounts payable and accrued liabilities Deferred revenue (Note 6) Deferred revenue - source water protection (Note 6) Deferred revenue - planning and regulation (Note 6) Deferred capital contributions Net financial assets Non -financial assets 7angibte capital assets (Note 7) Prepaid expenses 2021 Restated 2022 (Note 2) 5 3,395,977 $ 3,006,757 323,338 343,307 3,719,315 3,350,064 390,287 466,391 1,011,057 894,846 105,609 129,909 454,004 403,261 5 5 440 51,990 2,016,397 1,946,397 1,702,918 1,403,667 3,660,227 3,677,190 36,901 21,602 3,697,128 3,698,792 Accumulated surplus (Note 10) $ 5,400,046 $ 5,102,459 Contingent Liabilities (Mote 13) Approved by Board Chair Vice Chair The accompanying notes are an integral part of these finaneial statements Page 19 Kawartha Region Conservation Authority Statement of Operations and Accumulated Surplus Budget 2021 2022 Restated For the year ended December 31 (Note 3) 2022 (Note 2) Revenue Municipal levies: General operating Special operating General benefitting Special beneffiting Planning and development services (Schedule A) Integrated watershed management (Schedule B) Stewardship and conservation lands (Schedule C) Corporate services (Schedule D) Special projects (Schedule E) Capital contributions $ 1,653,325 $ 1,653,325 $ 1,613,000 123,000 45,059 81,243 35,000 6,160 4,502 699,100 499,357 473,955 2,510,425 2,203,901 2,172,700 656,800 615,027 560,860 50,900 64,857 62,074 215,500 258,147 223,944 63,000 117,925 27,384 167,000 224,070 242,694 - 5,528 37,749 3,663,625 3,489,455 3,327,405 Expenses Planning and development services (Schedule A) 844,649 702,285 640,702 Integrated watershed management (Schedule B) 580,527 507,579 522,806 Stewardship and conservation lands (Schedule C) 445,186 444,875 347,153 Corporate services (Schedule D) 804,163 768,482 860,585 Special projects (Schedule E) 1,024,100 768,647 802,394 3,698,625 3,191,868 3,173,640 Annual surplus (deficit) (35,000) 297,587 153,765 Accumulated surplus, beginning of year 5,102,459 5,102,459 4,948,694 Accumulated surplus, end of year $ 5,067,459 $ 5,400,046 $ 5,102,459 The accompanying notes are an integral part of these financial statements Page 20 6 Kawartha Region Conservation Authority Statement of Change in Net Financial Assets Budget 2021 2022 Restated For the year ended December 31 (Note 3) 2022 (Note 2) Annual surplus (deficit) Acquisition of tangible capital assets Amortization of tangible capital assets Loss on disposal of tangible capital assets Change in prepaid expenses Additions to restricted reserves Change in net financial assets Net financial assets, beginning of year $ (35,000) $ 297,587 $ 153,765 (63,243) (142,844) 75,190 74,433 5,016 163,394 (35,000) 314,550 248,748 (15,299) (7,234) 10,724 (15,299) 3,490 (35,000) 299,251 252,238 1,403,667 1,403,667 1,151,429 Net financial assets, end of year $ 1,368,667 $ 1,702,918 $ 1,403,667 The accompanying notes are an inte l part of these financial statements Page 21ra7 Kawartha Region Conservation Authority Statement of Cash Flows 2021 Restated For the year ended December 31 2022 (Note 2) Operating Transactions Annual surplus Non -cash changes to operations: Amortization of tangible capital assets Loss on disposal of tangible capital assets Donation of capital asset Changes in non -cash operating items: Accounts receivable Prepaid expenses Accounts payable and accrued liabilities Deferred revenue Deferred revenue - planning and regulation Deferred revenue - source water protection Total Operating Transactions Capital Transactions Deferred capital contributions Acquisition of tangible capital assets Total Capital Transactions Financing Transactions Additions to net assets for non -amortized capital assets Total Financing Transactions Increase in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year $ 297,587 $ 153,765 75,190 74,433 5,016 163,394 19,969 (28,486) (15,299) (7,234) (76,104) 64,764 116,211 (20,509) 50,743 (15,248) (24,300) 7,948 449,013 392,827 3,450 11,082 (63,243) (142,844) (59,793) (131,762) 10,723 10,723 389,220 271,788 3,006,757 2,734,969 $ 3,395,977 $ 3,006,757 Supplemental cash flow information: Cash $ 3,345,007 $ 2,956,588 Money market funds 50,970 50,169 The accompanying notes are an integral part of these financial statements Page 22 8 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 1. Summary of Significant Accounting Policies Nature of the Authority Kawartha Region Conservation Authority (the "Authority") was established on October 31, 1979, in accordance with Section 3(1) of the Conservation Authorities Act of Ontario. The Authority is classified as a registered charity under the Income Tax Act (Canada) and as such, is not subject to income taxes provided certain disbursement requirements are met. The objective of the Authority, as stated by the Conservation Authorities Act R.S.O. 1990 is "to provide for the organization and delivery of programs and services that further the conservation, restoration, development and management of natural resources in watersheds in Ontario". Management's Responsibility The financial statements of the Authority are the responsibility of management. They have been prepared in accordance with Canadian public sector accounting standards established by the Public Sector Accounting Board ("PSAB") of The Chartered Professional Accountants of Canada. Basis of Accounting Revenue and expenses are reported on the accrual basis of accounting whereby they are reflected in the accounts in the year in which they have been earned and incurred, respectively, whether or not such transactions have been settled by the receipt or payment of money. Various revenue and expense items flow through the statement of financial activities based on their general nature in relation to operating activities. To the extent that these revenue and expense items relate to specific reserve balances, these items are reflected on Schedule F - Continuity of Reserves Cash and Cash Equivalents Cash and cash equivalents comprise cash on hand, demand deposits and short-term cashable investments. Short-term investments are highly liquid, subject to insignificant risk of changes in value. Page 23 9 Kawartha Region Conservation Authority Notes to the Financial Statements December 31. 2022 Summary of Significant Accounting Policies (continued) Non -Financial Assets, Tangible Capital Assets Non -financial assets are not available to discharge existing liabilities and are held for use in the provision of services. They have useful lives extending beyond the current year, and are not intended for sale in the ordinary course of operations. (i) Tangible Capital Assets Tangible capital assets are recorded at cost, less accumulated amortization. Cost includes all amounts directly attributable to acquisition, construction, development or betterment of the tangible capital asset including transportation costs, installation costs, design and engineering fees, legal fees and site preparation costs. Amortization is recorded on a straight-line basis over the estimated life of the tangible capital asset using the following rates: Buildings 10 - 40 years Conservation area improvements 10- 50 years Gauge stations and monitoring wells 10- 50 years Vehicles 10 years Furniture and fixtures 7 - 10 years Equipment 5 - 10 years Computers and computer software 3 - 10 years Assets under construction are not amortized until the asset is available for productive use, at which time, they are capitalized. (ii) Contributed Tangible Capital Assets Tangible capital assets received as contributions are recorded at the fair value at the date of receipt. Vacation pay and lieu time liabilities Vacation credits earned but not taken and lieu time entitlements are accrued as earned. Vacation credits earned do not vest over time. Reserves Reserves are established under approval of the Kawartha Region Conservation Authority (Kawartha Conservation) Board of Directors. The recommendation of reserves and appropriations fall under the authority of the CAO and the Director of Corporate Services. Increases or decreases in these reserves are made by appropriations to or from operations. Any use of funds from a reserve shall be authorized by the Board of Directors as outlined in procedure. Page 24 10 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 1. Summary of Significant Accounting Policies (continued) Government transfers Government transfers and municipal levies are recognized as revenue in the financial statements when the transfer is authorized and any eligibility criteria are met, except to the extent that transfer stipulations give rise to an obligation that meets the definition of a liability. Government transfers and municipal levies are recognized as deferred revenue when transfer stipulations give rise to a liability. Government transfers and municipal levies are recognized in the statement of operations as the stipulation liabilities are settled. Restricted Revenue Contributions, other than government transfers, are deferred when restrictions are placed on their use by the external contributor, and are recognized as revenue when used for the purpose specified. Contributions relating to capital assets are deferred and amortized over the useful life of the related asset. Other Revenue Other grants, donations and contributions, investment income and authority -generated revenue including permit fees are recognized when the related services are performed. Pension Plan The Authority is an employer member of the Ontario Municipal Employees Retirement System (OMERS), which is a multi -employer, defined benefit pension plan. The Board of Trustees, representing plan members and employers, is responsible for overseeing the management of the pension plan, including investment of the assets and administration of the benefits. The Authority has adopted defined contribution plan accounting principles for this Plan because insufficient information is available to apply defined benefit plan accounting principles. The Authority records as pension expense the current service cost, amortization of past service costs and interest costs related to the future employer contributions to the Plan for past employee service. Use of Estimates The preparation of the financial statements in accordance with Canadian public sector accounting standards requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. The principal estimates used in the preparation of these financial statements include accounts receivable, estimated provisions for accrued liabilities, the estimated useful lives of tangible capital assets and valuation of tangible capital assets. Actual results could differ from management's best estimates as additional information becomes available in the future. Page 25 11 Kawartha Region Conservation Authority Notes to the Financial Statements December 31. 2022 Summary of Significant Accounting Policies (continued) Financial Instruments Cash and equity instruments quoted in an active market are measured at fair value. Accounts receivable and accounts payable are measured at cost or amortized cost. The carrying amount of each of these financial instruments is presented on the statement of financial position. All financial assets are tested annually for impairment. When financial assets are impaired, impairment losses are recorded in the statement of operations. Transaction costs are added to the carrying value for financial instruments measured using cost or amortized cost. Transaction costs are expensed for financial instruments measured at fair value. The Authority's financial assets comprise of cash and cash equivalents including investments which are recorded at fair value; and accounts receivable which are recorded at amortized cost. The Authority's financial liabilities comprise of accounts payable and accrued liabilities which are recorded at amortized cost. Prior Period Adjustment During the current year, the Authority determined that capital contributions relating to government transfers were not being recognized as revenue once the stipulations of the government funding were met as is required by public sector accounting standards and were instead being amortized over the useful life of the related asset. The correction has been applied retroactively with restatement of prior periods. This correction had the following effect on the prior period financial statements: 2021 Statement of Financial Position Decrease in deferred tangible capital assets $ 596,427 Increase in 2021 closing accumulated surplus $ 596,427 Statement of Operations Increase in revenue Deferred Capital Contributions $ (29,905) Capital Contributions 37,749 Total increase in revenue $ 7,844 Increase in 2021 annual surplus $ 7,844 Increase in 2021 opening accumulated surplus $ 588,583 Page 26 12 Kawartha Region Conservation Authority Notes to the Financial Statements December 31. 2022 3. Budget Figures The Budget for 2022 was adopted by the Board of Directors on January 27, 2022. The budget was prepared on a cash basis (based on expected cash inflows and outflows), while Canadian public sector accounting standards now require the reporting of actual results on the financial statements to be prepared on a full accrual basis. The budget figures presented in the statements of operations and change in net financial assets represent the 2022 budget adopted by the Board. Revenue Expense Net Board approved budget: Operating $ 3,663,625 $ 3,698,625 $ (35,000) The budgeted numbers are unaudited. 4. Cash and Cash Equivalents Cash equivalents is comprised of funds held in money market funds. Investment in money market funds are recorded at fair value. As at year end, the Authority held $50,970 (2021 - $50,174) in money market funds with a fair value of $50,970 (2021 - $50,174). 5. Accounts Receivable 2022 2021 Municipal levies $ 73,979 $ 86,576 Federal and provincial 52,502 92,127 HST receivable 47,664 62,626 Other 149,193 101,978 $ 323,338 $ 343,307 Page 27 13 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 6. Deferred Revenue and Government Transfers Revenue received but not earned at year end is as follows: Deferred Revenue Government Funding - Special Benefitting Projects: Durham - Plan Implementation Durham - East Cross Forest CKL - Lake Dalrymple CKL - Plan Implementation MOE, Conservation and Parks Trent Lakes - Blue Canoe Government Funding - Special Joint Benefitting Capital Projects: City of Kawartha Lakes and Durham Region Government Funding - Other Deferred Projects: Digitization of Corporate Records Levy Stability Other Deferred Projects: Grants and Self -Generated Deferred Revenue - Source Water Protection Government Funding - Source Water Protection Program Deferred Revenue - Planning Section 28 Regulations - Large Scale Fill Permit and Subdivision Applications 2022 2021 $ 155,558 $ 147,670 131,610 70,469 18,188 9,311 536,062 508,573 4,925 4,925 8,521 8,521 34,208 22,250 24,955 15,438 7,426 9,711 89,604 97,978 $ 1,011,057 $ 894,846 2022 2021 $ 105,609 $ 129,909 2022 2021 $ 283,538 170,466 $ 287,956 115,305 $ 454,004 $ 403,261 These amounts are recognized as revenue as directly related expenses are incurred. Unless otherwise noted, deferred revenue received comes from non -government sources. Page 28 14 December 31, 2022 7. Tangible Capital Assets Cost Balance, beginning of year Add: Additions during the year Add: Transfers Less: Disposals during the year Balance, end of year Accumulated amortization Balance, beginning of year Add: Amortization during the year Less: Amortization on disposals Balance, end of year Net book value of tangible capital assets Kawartha Region Conservation Authority Notes to the Financial Statements 2022 Conservation Machinery Land and Land Area and Furniture and Custodianship Improvements Buildings Vehicles Equipment Fixtures Total $ 2,628,934 $ 379,911 $ 1,204,955 $ 180,788 $ 444,741 $ 121,068 $ 4,960,397 865 48,729 - - 13,649 - 63,243 - - - - (14,331) - (14,331) 2,629,799 428,640 1,204,955 180,788 444,059 121,068 5,009,309 260,598 454,541 144,881 307,584 115,603 1,283,207 6,451 30,655 6,281 30,380 1,423 75,190 - - - (9,315) - (9,315) 267,049 485,196 151,162 328,649 117,026 1,349,082 $ 2,629,799 $ 161,591 $ 719,759 $ 29,626 $ 115,410 $ 4,042 $ 3,660,227 Page 29 15 December 31, 2022 7. Tangible Capital Assets (continued) Cost Balance, beginning of year Add: Additions during the year Less: Disposals during the year Balance, end of year Accumulated amortization Balance, beginning of year Add: Amortization during the year Write -downs Balance, end of year Net book value of tangible capital assets Kawartha Region Conservation Authority Notes to the Financial Statements 2021 Conservation Land and Land Area Machinery and Furniture and Custodianship Impovements Buildings Vehicles Equipment Fixtures Total $ 2,765,268 $ 317,752 $ 1,204,955 $ 180,788 $ 404,774 $ 121,068 $ 4,994,605 27,060 62,159 - - 53,625 - 142,844 (163,394) - - - (13,658) - (177,052) 2,628,934 379,911 1,204,955 180,788 444,741 121,068 4,960,397 256,263 423,875 138,600 290,818 112,866 1,222,422 4,335 30,666 6,281 30,424 2,737 74,443 - - - (13.658) - (13.658 260,598 454,541 144,881 307,584 115,603 1,283,207 $ 2,628,934 $ 119,313 $ 750,414 $ 35,907 $ 137,157 $ 5,465 $ 3,677,190 Tangible capital assets under construction have a value of $41,503 (2021 - $nil) and have not been amortized. Amortization of these assets will commence when the assets are put into service. Page 30 16 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 7. Tangible Capital Assets (continued) Included in land and land custodianship is $25,000 contributed to the acquisition of Dewey's Island. The Authority contributed to the acquisition of Dewey's Island by the Nature Conservancy of Canada in 1993. The Authority felt the acquisition was necessary to ensure the long-term protection of this Class 1 wetland. A custodial agreement was negotiated with The Nature Conservancy of Canada by the Authority. The agreement gives the Authority the management responsibilities for the property, as well as the first option to purchase in the case of any eventual sale by the Nature Conservancy of Canada. Included in land and land custodianship is $10,000 contributed to the acquisition of Tuckerman property. The Authority contributed to the acquisition of the Tuckerman property by Ontario Heritage Trust in 2004. The Authority felt the acquisition was necessary to ensure the long-term protection of this Class 1 wetland. A custodial agreement was negotiated with Ontario Heritage Trust and Ducks Unlimited Canada by the Authority. The agreement gives the Authority the management responsibilities for the property, as well as the first option to purchase in the case of any eventual sale by Ontario Heritage Trust. 8. Credit Facility The Authority has a $350,000 revolving line of credit held with Royal Bank of Canada at prime plus 0% interest. As at December 31, 2022, no amount has been drawn (2021 - $Nil). 9. Related Entity Kawartha Conservation Foundation is a registered charitable organization whose mission is to support the vision and mandate of Kawartha Conservation, by raising funds and promoting awareness to the community to restore and sustain a healthy environment for future generations. 10. Accumulated Surplus Accumulated surplus consists of the following: Surpluses Internal 'current' and 'capital' funds Invested in tangible capital assets Reserves Accumulated surplus 2022 2021 $ 1,509,719 $ 1,190,421 3,604,787 3,625,200 285,540 286,838 $ 5,400,046 $ 5,102,459 Page 31 17 December 31, 2022 11. Expenses by Object Kawartha Region Conservation Authority Notes to the Financial Statements 2022 2021 Amortization $ 75,190 $ 74,433 Consulting and other professional fees 98,865 55,116 Grants 37,801 54,467 Loss on disposal of capital assets 5,016 163,394 Insurance 45,216 40,770 Interest and bank charges 4,091 4,638 Office 96,659 93,972 Program related 469,181 303,686 Repairs and maintenance 69,925 81,908 Training 6,596 8,476 Utilities and property taxes 39,388 37,862 Vehicle and travel 60,422 57,923 Wages and benefits 2,183,518 2,196,995 $ 3,191,868 $ 3,173,640 12. Pension Plan The Authority makes contributions to the Ontario Municipal Employees' Retirement System ("OMERS"), which is a multi -employer plan, on behalf of all full-time members of its staff. The plan is a defined benefit plan, which specifies that amount of the retirement benefit to be received by the employees based on the length of service and rates of pay. The Board of Trustees, representing plan members and employers, is responsible for overseeing the management of the pension plan, including the investment of assets and administration of benefits. OMERS provides pension services to more than 500,000 active and retired members and approximately 1,000 employees. Each year an independent actuary determines the status of OMERS Primary Pension Plan (the Plan) by comparing the actuarial value of invested assets to the estimated present value of all pension benefits that members have earned to date. The most recent actuarial valuation of the Plan was conducted at December 31, 2022. The results of this valuation disclosed total actuarial liabilities of $130.3 billion in respect of benefits accrued for service with actuarial assets at that date of $123.6 billion indicating an actuarial deficit of $6.7 billion. Because OMERS is a multi -employer plan, any pension plan surpluses or deficits are a joint responsibility of Ontario municipal organizations and their employees. As a result, the Authority does not recognize any share of the OMERS pension surplus or deficit. Contributions made by the Authority to OMERS for 2022 were $156,561 (2021 - $160,440). 13. Contingent Liabilities The Authority, as is common with all regulatory agencies, may be subject to appeals and lawsuits in regard to decisions rendered. Legal defence costs are accrued when such an action commences but damages and penalties are only accrued when action is considered to be of reasonable merit. There are no unresolved legal claims outstanding against the Authority as at December 31, 2022. Page 32 18 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 14. Financial Instruments Risks Credit risk Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. The Authority is exposed to credit risk resulting from the possibility that a counterparty to a financial instrument defaults on their financial obligations; if there is a concentration of transactions carried out with the same counterparty; or of financial obligations which have similar economic characteristics such that they could be similarly affected by changes in economic conditions. The Authority's financial instruments that are exposed to concentrations of credit risk relate primarily to its accounts receivable. The majority of the Authority's receivables are from government resources. Liquidity risk Liquidity risk is the risk that the Authority will encounter difficulty in meeting its obligations associated with financial liabilities. Liquidity risk includes the risk that, as a result of operational liquidity requirements, the Authority will not have sufficient funds to settle a transaction on the due date. The Authority is exposed to this risk mainly in respect of its accounts payable. The Authority mitigates this risk by ensuring that it always has sufficient cash to allow it to meet its liabilities when they become due. 15. Comparative Figures Certain comparative figures have been reclassified to conform with current year presentation. Page 33 19 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 16. Program Information Certain allocation methodologies are employed in the preparation of program financial information. Government grants, user charges, transfers from other funds, and other revenue are allocated to the specific program or service they relate to. Expense allocations are both internal and external. Activity based costing is used to allocate internal support costs to departments. These costs include the net expenditures for departments, such as human resources, information systems, finance and others, commonly referred to as overhead. The Authority allocated its activities into four main program areas which are reported in the accompanying supplementary schedules to the financial statements. Planning and Development Services This department is responsible for planning, permitting and enforcement. Planning and Development Services fulfills the delegated responsibility of commenting on behalf of the Province of Ontario on planning matters related to natural hazards, administers Section 28 Regulation of the Conservation Authorities Act, Ontario Regulation 182/06 and ensures compliance of development activities impacting natural regulated features within the watershed. Integrated Watershed Management This department's primary responsibilities include protecting people and property across the watershed from flooding, developing and implementing watershed management plans, monitoring water quality and quantity, conducting research and assessments and supporting our stakeholders and partners by providing environmental spatial information to assist with decision making. The department works closely with municipalities to provide techinical expertise and advice on issues related to climate change, stormwater management, watershed planning and other technical information. The objective of the Integrated Watershed Management department at Kawartha Conservation is to maintain health and sustainability of the region's watersheds for the benefit of both the environment and the community. Stewardship and Conservation Lands Kawartha Conservation owns and manages over 1,300 hectares of Conservation Lands with visitors including the general public, schools, special interest groups, and tourists. This department is responsible for supporting the advancement of the Conservation Lands programs including property maintenance, trail management and development, invasive species control, infrastructure improvements, and contributing to the strategic goals and advancement of the department. Stewardship initiatives are primarily supported through special projects within the City of Kawartha Lakes and Region of Durham through Special Projects. Page 34 20 Kawartha Region Conservation Authority Notes to the Financial Statements December 31, 2022 16. Program Information (continued) Corporate Services Corporate Services supports each of the departments and the organization as a whole by providing administrative support, coordination, policy development and implementation, program direction and development, strategic and business planning and Board support including agendas and minutes. Corporate Services is responsible for Finance, Human Resources, Health $ Safety, Asset Management, Information Technology, Records Management and Corporate Communications. Special Projects Special benefitting projects are designed to meet the needs or concerns of a specific municipality, and thus directly benefit the individual municipality. The benefitting municipality funds the projects entirely or in apportionment with another benefitting municipality. Special projects include development and implementation of Lake Management Plans, updates to our watershed plans in the Region of Durham, floodplain mapping and tree planting initiatives. General benefitting projects have a watershed wide benefit and the levy is shared by the municipal partners on the same apportionment percentage as the operating levy. Projects include website enhancements and the digitization of corporate records. Page 35 21 Kawartha Region Conservation Authority Planning and Development Services Schedule A For the year ended December 31, 2022 with comparative information for 2021 Revenue: Drinking Water Source Protection Planning and Permitting Fees Large Scale Fill Permits Municipal Agreement, Risk Management Official MOU, Flood Plain Mapping Total Program Generated Revenue Municipal Levy Total Revenue Expenses: Clean Water Act Enforcement Drinking Water Protection Large Scale Fill MOU, Flood Plain Mapping Planning and Development Services Internal Fee for Service Total Expenses Net Surplus for the Year 2022 Budget (Note 3) 2022 Actual 2021 Actual $ 57,000 $ 101,050 $ 50,392 367,000 405,787 407,966 100,000 13,246 18,187 60,000 44,792 41,771 72,800 50,152 42,544 656,800 615,027 560,860 187,849 187,849 214,671 844,649 802,876 775,531 60,000 44,792 41,771 57,000 101,050 50,393 60,000 1,327 2,104 20,500 7,500 7,074 690,700 585,392 589,389 888,200 740,061 690,731 (43,551) (37,776) (50,029) 844,649 702,285 640,702 $ - $ 100,591 $ 134,829 Page 36 22 Kawartha Region Conservation Authority Integrated Watershed Management Schedule B For the year ended December 31, 2022 with comparative information for 2021 Revenue: Fee for Service Grants and Donations Innovation Hub MNRF Transfer Payment Total Program Generated Revenue Municipal Levy Total Revenue Expenses: Environmental Information Services Environmental Monitoring Flood Et Water Level Monitoring Watershed Management Et Support Internal Fee for Service Total Expenses Net Surplus for the Year 2022 Budget (Note 2) 2022 Actual 2021 Actual $ 1,000 $ 452 $ 5,046 15,300 3,231 21,615 10,000 36,534 10,773 24,600 24,640 24,640 50,900 64,857 62,074 529,627 529,628 498,569 580,527 594,485 560,643 106,300 81,587 90,248 320,400 298,064 288,737 113,200 77,612 103,566 146,500 140,721 142,413 686,400 597,984 624,964 (105,873) (90,405) (102,158) 580,527 507,579 522,806 $ - $ 86,906 $ 37,837 Page 37 23 Kawartha Region Conservation Authority Stewardship and Conservation Lands Schedule C For the year ended December 31, 2022 with comparative information for 2021 Revenue: Conservation Areas Donations Education Grants Restoration Management Total Program Generated Revenue Municipal Levy Total Revenue Expenses: Dewey Island Education Program Fleetwood Creek Natural Area Habitat Comp. Program Ken Reid CA Land Management &t Support Pigeon River Headwaters Windy Ridge CA Internal Fee for Service Total Expenses Net Surplus for the Year 2022 Budget (Note 2) 2022 Actual 2021 Actual $ 58,500 $ 60,958 $ 90,489 10,000 8,011 1,762 45,000 1,852 619 21,000 96,275 26,030 81,000 91,051 105,044 215,500 258,147 223,944 229,686 229,687 200,991 445,186 487,834 424,935 100 - - 39,500 5,700 8,461 8,700 9,295 12,551 65,000 20,445 12,799 60,500 62,138 61,947 376,300 417,976 337,168 11,000 8,644 5,726 3,300 2,099 2,701 564,400 526,297 441,353 (119,214) (81,422) (94,200) 445,186 444,875 347,153 $ - $ 42,959 $ 77,782 Page 38 24 Kawartha Region Conservation Authority Corporate Services Schedule D For the year ended December 31, 2022 with comparative information for 2021 Revenue: Donations Grants and Other Revenue Investment Income Total Program Generated Revenue Municipal Levy Total Revenue Expenses: Amortization Communication Corporate Services (Gain)/Loss on Disposal of TCA Internal Recovery - Vehicle $ Equipment Pool Internal Fee for Service Total Expenses Net Surplus (Deficit) for the Year 2022 Budget (Note 2) 2022 Actual 2021 Actual $ - $ 2,308 $ 4,049 43,000 39,974 10,662 20,000 75,643 12,673 63,000 117,925 27,384 706,163 706,161 698,769 769,163 824,086 726,153 60,000 75,190 74,433 159,925 140,178 122,572 750,400 674,193 642,763 - 5,016 164,645 (25,000) (5,556) (648) 945,325 889,021 1,003,765 (141,162) (120,539) (143,180) 804,163 768,482 860,585 $ (35,000) $ 55,604 $ (134,432) Page 39 25 Kawartha Region Conservation Authority Special Projects Schedule E For the year ended December 31, 2022 with comparative information for 2021 2022 Budget (Note 2) 2022 Actual 2021 Actual Revenue: Climate Change Funding $ 18,000 $ 18,000 $ 9,000 Fee for Service 14,700 14,038 7,400 Grants and Other 114,300 161,674 200,830 Product Sales 20,000 30,358 25,464 Total Program Generated Revenue 167,000 224,070 242,694 General Benefitting 35,000 6,160 4,502 Special Benefitting 699,100 499,357 473,955 Special Operating 123,000 45,059 81,243 Total Revenue 1,024,100 774,646 802,394 Expenses: CKL - Flood Plain Mapping - 12,483 34,977 CKL - Implementation 128,200 95,925 148,648 CKL - Implementation Et Stewardship 326,600 249,358 210,134 CKL - Lake Dalrymple 74,200 65,322 44,957 CKL Et Durham - Tree Planting Program 144,500 136,193 98,614 Durham - ECF 123,000 55,999 81,243 Durham - Implementation 69,700 49,662 58,400 Durham - Implementation Et Stewardship 64,400 47,259 59,252 Durham - LSEP 29,900 33,666 35,430 Durham - Watershed Planning 28,600 22,620 26,237 Digitization Project 15,000 160 4,502 Website 20,000 - - Total Expenses 1,024,100 768,647 802,394 Net Suplus for the Year $ - $ 5,999 $ - Page 40 26 Kawartha Region Conservation Authority Continuity of Reserves Schedule F For the year ended December 31, 2022 with comparative information for 2021 2022 Unrestricted Capital Assets Acquisitions Conservation Initiatives Externally Restricted Durham East Cross Forest Conservation Area Windy Ridge Conservation Area Ken Reid Conservation Area Scugog Land Acquisitions Capital Reserve Balance, Appropriation Balance, December 31, (to) from December 2021 Operations Additions 31, 2022 $ 706,295 $ 151,304 $ $ 857,599 400,532 138,233 538,765 83,594 29,761 113,355 39,600 39,600 24,124 (1,298) 22,826 89,450 89,450 133,664 - 133,664 1,477,259 318,000 1,795,259 3,625,200 (20,413) 3,604,787 $ 5,102,459 $ 297,587 $ $ 5,400,046 Balance, Appropriation Balance, December 31, (to) from December 31, 2021 2020 Operations Additions 2021 Unrestricted $ 527,973 $ 178,322 $ $ 706,295 Capital Asset Aquisitions 320,864 79,668 400,532 Conservation Initiatives 52,042 31,552 83,594 Externally Restricted Durham East Cross Forest Conservation Area 39,600 39,600 Windy Ridge Conservation Area 26,778 (2,654) 24,124 Ken Reid Conservation Area 89,450 - 89,450 Scugog Land Acquisitions 150,000 (27,060) 10,724 133,664 1,206,707 259,828 10,724 1,477,259 Capital Reserve 3,731,263 (106,063) - 3,625,200 $ 4,937,970 $ 153,765 $ 10,724 $ 5,102,459 Page 41 27