HomeMy WebLinkAboutTR-53-92 4T
THE CORPORATION OF THE TOWN OF NEWCASTLE
REPORT
Meeting: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE File # q
Date: June 15, 1991 Res.
By-Law#Report#: TR-53-92 File##:
Subject: HANDI TRANSIT INC. — NEWCASTLE
1992 BUDGET COMPARISON TO
1991 BUDGET AND ACTUALS
Recommendations:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-53-92 be received;
2 . That the 1992 Handi Transit Municipal Grant request of
$119,800 be reduced to $90,000 .
BACKGROUND & COMMENTS
At Special General Purpose and Administration meeting March 2,
1992, Council tabled the 1992 Handi Transit Budget until the 1991
actual figures were received from Handi Transit Inc . , Newcastle
Branch.
As a result of Council direction, Town staff, requested from Mr.
Doug Manuel, General Manager of Handi Transit Inc . , a Statement
of Operations as of December 31, 1991, showing 1991 Budget and
Actuals in comparison to 1992 Budget request along with an
explanation of 1991 Budget and Actual deviations .
Mr. Doug Manuel, General Manager of Handi Transit Inc . has
provided Town staff with a letter, dated May 25, 1992, explaining
1991 differences between Budget and Actual along with an
unaudited Statement of Operations . Please refer to Attachment
Staff recommends that the accumulated surplus of approximately
$30,000 as shown on the unaudited Statement of Operations be used
to offset the Newcastle Division of Handi Transit Inc. 's 1992
Municipal grant request of $119,800 . The surplus has accumulated
over the last few years as a result of budgetting for a new
vehicle, driver and associated costs which was finalized in the
fall of 1991 .
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TR-53-92 page 2
The savings realized by this reduction were authorized through
the 1992 Budget report Addendum TR-16-92 to be transferred to the
Working funds reserve.
Respectfully submitted, Recommended for presentation
t?)the Committee
y
Marie A. Marano, H.BSc . ,A.M.C.T. Lawrence E. Ko, eff
Treasurer Chief AdministFative Officer
LG/MAM/yam
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Attachments
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ATTACHMENT "A"
IIANDI TRANSIT INCORPORATED
44 WILLIAM STREET W. OFFICE (416)571-1222
DISPATCH (416)571.1252
OSHAWA, ONTARIO DISPATCH 1-800-263-1916
L1 G 1J9 FAX (416)571.7390
May 25, 1992 p �
D
MAY 25 1992
Laurie Gordon
Treasury Department IM OF NEWCASTLE
The Town of Newcastle WAKE
40 Temperance Street
Bowmanville, Ontario
LiC 3Ab
Dear Mrs. Gordon:
Enclosed is a break down of your 1992 budget estimate
compared to the 1991 unaudited bget and the 1991 estimated
budget.
In 1991 the estimated and actual budget totals vary due to
the late start of the additional vehicle which. began
service in September instead of July as budgeted. Because
of this later starting date, revenues were lower than
expected.
An additional cost, which was not budgeted for in the fall
of 1990, was money to cover union negotiations. This
expense was introduced to all our services when Handi
Transit became certified in April of 1991.
The 1992 budget reflects the first full year of service
which covers two drivers' wages and benefits. In addition
fuel , maintenance and insurance costs now cover three
vehicles instead of two.
I trust that this information will help clarify any 1992
1991 budget differences for you.
If further information is required please contact me.
Sincerely,
Douglas Manuel
General Manager
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OSHAWA-WHITBY- NEWCASTLE-SCUGOG -UXBRIDGE
DANDI TRANSIT INC.
Statement of Operations
as at December 31, 1991
(unaudited
DU8G[T 1992 1991 lYY\ 1992
===========
ESTIMATE ACTUAL ESTIMATE
UNAUDITED
REVENUE =====
MUNICIPAL GRANT 92700 90500 119800
FARES 130011 11474 15000
OTHER V 1000 V
G.S.T. RECOVERY V 369 0
TOTAL REVENUE 1V5700 103343 134800
=========== ===== ===== =====
EXPENSES
--ADMINISTRATION-- $ $ $
SALARIES-ADMINISTRATION 15500 14598 17700
-DISPATCHER 9700 8503 12100
EMPLOYEE BENEFITS 2900 3192 4100
OFFICE EQUIP. 800 864 1200
COMMUNICATIONS 2300 2791 2700
RENT, PROP. & EQUIP 2900 2501 3200
TRAVEL & SEMINARS 200 85 200
DANK CHARGES 100 87 NV
INSURANCE lVV 107 lOV
AUDIT 500 213 500
UNION EXPENSES V 1133 V
=========== ===== ===== =====
TOTAL 35000 34124 41900
=========== ===== ===== =====
--OPERATIONS-- $ $ $
SALARIES PERM. & TEMP. 39600 33849 56700
EMPLOYEE BENEFITS 5200 5529 10200
GAS` 0li` BC, 10200 6693 10200 '
YAM MAINTENANCE 10000 9114 NVVV
VEHICLE INSURANCE 4700 3844 4700
OTHER EXPENSES NVV 2353 1100
=========== ===== ===== =====
TOTAL 70700 61382 92900
=========== ===== ===== =====
=========== ===== ===== ===== |
$$T0TAL EXPENSES 105700 95506 134800
SURPLUS/(DEFICIT) V 7837 V
=========== ===== ===== =====
OPENING SURPLUS/(DEFICIT) V 22826 V
ENDING SURPLUS/(DEFICIT) O 30663 0
============ ===== ====~ =====
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