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HomeMy WebLinkAboutTR-19-88 TOWN OF NEWCASTLE REPORT File # Res. # By-Law # MEETING: GENERAL PURPOSE & ADMINISTRATION BUDGET COMMITTEE MEETING DATE: March 21, 1988 REPORT #: TR-19-88 FILE #: SUBJECT: 1988 CAPITAL BUDGET & FOUR YEAR FORECAST RECOMMENDATIONS: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: That report TR-19-88 be received; and 2. That the 1988 Capital Budget be approved; and 3. That the portion of the 1988 Capital Budget pertaining to the New Administrative Facility be approved forthwith; and That By-law number 82-96, Section 5.06 be waived for the purchase of office furnishings and equipment for the New Administrative Facility; and 5. That the projected Four Year Capital Forecast be approved in principal only; and That the Interim Financing Proposal contained in Schedule "A" to Report TR-28-87 be revised as per Schedule "D" attached. BACKGROUND & COMMENTS: The expected requirements of the Corporation for Capital Works projects for the next five years are as indicated on the Summary Sheet. These requirements have been determined by the respective Departments taking into consideration continued significant growth within the Municipality. Committee Members will note that the capital requests of the Library and Museum Boards have now been incorporated within the overall Capital Budget. . . .2 TR-19-88 Page 2 With respect to the 1988 requirements identified, total expenditures are forecasted at $6,320,600.00 with the Tax Levy at $1,592,350.00, an increase of $477,650.00 over 1987. Excluding the Library and Museum requests the Levy impact would amount to $253,750.00. Assessment Growth in 1987 was $3,721,401.00 as per Schedule "A" attached. Using the 1987 Mill Rate, this would result in a Tax Revenue increase of $385,395.00. It is anticipated that this growth will continue as reflected in the Lot Levy Analysis for the next five years indicated in Schedule "B" attached. In preparing this analysis, household projections provided by the Region were used. The levied income for the next five years was calculated using the 1987 Lot Levy rates and no allowances were made for inflationary increases or interest income. Based on the Capital requirements of the various departments and utilization of Lot Levies where applicable and shown as a transfer to Capital, this analysis indicates that sufficient Lot Levy monies would be available to help finance Capital projects over the next five years. In fact, at the end of 1992, projections indicate that there would be an accumulated dollar amount in excess of 1.7 million dollars. Schedule "C" attached shows the position of Reserves and Reserve Funds as at December 31, 1987. Committee Members will note that the Town has Reserve Funds in excess of 6.4 million dollars and Reserves of 1.8 million dollars. Major proposals to be considered in the 1988 Budget include the completion of the Administrative Centre and the costs provided represent anticipated costs required to complete contruction and address some of the immediate needs. The Public Works Department budget provides for a considerable amount of road reconstruction and addresses a means to deal with the upgrading of roads in industrial areas. The Community .. .3 TR-18-88 Page 3 Services budget addresses the need for further park development and land acquisition as well as normal building and facility capital maintenance costs. The Fire Department Budget provides :ponies for acquisition of land for a new headquarters located in Bowmanville and for a northern station. As indicated previously the requirements as presented by the Library and Museum Boards have now been included in the Capital Budget document. The long term requirements of these respective Boards must be considered at this time. In conclusion Staff recommend that Commmittee members review this document in detail and establish priorities for 1988 which will then be incorporated into the 1988 Current Budget. Respectfully submitted, Recommended for presentation to the Committee J.R. Blanchard, �Lawrenc�^! Kotseff, Treasurer. Chief Adistrative Officer. ,TRB/Pp ATTACHMENTS: SCHEDULE "A" TOWN OF NEWCASTLE ASSESSMENT GROWTH BY WARD - 1987 WARD 1 1987 TAXABLE 1988 TAXABLE INCREASE OVER PERCENT ASSESSMENT ASSESSMENT 1987 Residential 16,655,224 19,132,204 2,476,980 14.8 Commercial 2,322,800 2,332,616 9,816 0.4 Business 908,415 910,485 2,070 0.2 TOTAL 19,886,439 22,375,305 2,488,866 WARD 2 Residential 10,584,443 10,894,361 309,918 2.9 Commercial 2,512,210 2,685,697 173,487 6.9 Business 1,048,185 1,113,772 65,587 6.2 TOTAL 14,144,838 14,693,830 5481'992 - --- -- WARD 3 Residential 10,377,129 11,158,227 781,098 7.5 Commercial 1,250,536 - -1,171,811 - Z78,725> —'- — L----- � - -<6.3> Business 373,215 354,385 <18,830> <5.0> TOTAL 12,000,880 12,684,423 683,543 ASSESSMENT GROWTH SUMMARY Residential 37,616,796 41,184,792 3,567,996 9.4 Commercial 61085,546 6,190,124 104,578 1.7 Business 2,329,815 2,378,642 48,827 2.1 TOTAL 46,032,157 49,753,558 3,721,401 8.1 SCHEDULE "B" RESETNE --M- LOT LEVY 41#kYS!S FUlk I c CIVIC, E s PiP.E TOTAL SERvilEs 6OW5 ADMIh. IkWCE NEM*E: !?27 4.7J) k.W 92,960 1.280.4`6 CONT-F.*IKJT!I-N:: LG' L--V*.ES 42.762 76,061 7 TOTX AVAILAME Wo.I M I.3r..'74 3:.(A6 :11.365 9e. 169.027 TRAN✓, TO[WITA' - 1580 YV (75.0001 f 4 ErS.SYD EkANCE - VMrwER -,,. ME 418.788 1.138,836 35,046 "45 -98.925 94.027- 1.Boa.92 1 BALANCE - DECE*9 3!, ME 418.786 1.i 5.83U 33,046 2j,365 98.925 94.0.'7 1.808,981 CONIRIMIONS: LOT LIVIES (MECTED! !09? 07.118 384.81: 22,142 7,380 28.644 50,984 676.100 TOTAL AVAILAKE 59'.906 1,528.6b2 5r,188 3:,N5 127,569 145.011 2,485,08! TKAYSPER TO CAPITAL - 1989 Ml-12.4) (310.000) KALAPCE - DECE.MMER 31. IM 243,656 1,218,6621 y"Ise 311.745 121.569 145.011 1,64.831 MPCE - DECEMKR 111, 1985 2113,656 1.21 a,b62 55,188 32,745 12";.569 145.011 r.:,63! CONIRIRITIONS* LOT LEVIES Mh-OJEECTD) lo?o 158.595 349,299 19.828 6.604 M.658 45.636 606,625 TOTAI- AVAILAKIE 402,751 1,567.?61 75,016 39,354 IS3,227 190,647 2,428.456 TPARVER, TO CAPITAL - 195:0 (181.200) (130,000) k M.0001 (361,200) Ek.'ICE - DECEMER 71. 1990 :21.051 1.4377.961 75.016 39.354 17"M 140.647• -1067.:.6 FA-ANCE • DECUM 111. 1947 =1.051 1.4V,961 75.016 39.354 153.=7 140.647 w,.Z6 • CONTR I MIX: LOT LEVIES (FROJECTED) 1441 134,826 296,685 46,854 5.418 111.80: 38.815 514.660 TOTAL AVAILAKE: e77 1•'34,646 91,870 44,471 175.029 179.467 211 58.1 n, TRAM;ER TO CANTAL - 10q1 t217.00(11 (I0).000) MO) !38.877 1.4:A.646 91,670 19,972 175.ON 179.46? 91.876 ls.qT., 171.029 179,462 8S6 14.:10 7:7 18.mi K.736 B-A ------------------------ ------------- 06.0X, 21.?7Io 17..416 21:.19: 2.-73.>'G6 ----------------------------------- --------------------------------- ------------- 24.r7 I W1.(kq(l 7&3 1%1 172.1^,2 SCHEDULE "C'1 Ft)ND51 TM OF *4ASTLE - k(SERVE F(NDj iM:th Lot Levies Conopnsedi (Revised Mar.11r881 " (kANCti = A;...iG611 / PG.LENr,Ih = 66 ) .................... DECEMKk 31. 148' L M N 0 P 0 _ i lr V W ...............LOT..........LEVIES................................... i s Tn*al Parkina Lot Industrial Industrial Roads ParLlano Courtice Ad&ir. Exprop. CaR.Servaces Pub.Worl•s Civic Admin. Court.Libr, Arena Capital Museums Libraries Fire Prot. Engineering/ Roads Retirement Development Debenture Capital Cash-in-Lieu NAP lwrovwnt Proceeds Combined Combined Combined Capital R/F Project Combined Cocb1red Levies Coco. inspect.Fees Contribution of Debenture 5(K11-3-r 5(101-4-X 5(K)l'S-X 5(K11-6-1 5001-1-X 5901-9-) 5!011-10-1 5<K+1-II-1 Lot Levies Lot Levies Lot Levies 5001-!8-X 50(+l-19 X 5(K71-:6/21 5(0+1-:5/:7 5M! ?�/'I 50(11-32-X 5001-.;, 1 5001-34-1 I(+ ..............................................•.,...,....,•.,....,..,....,.,.....,.,......,...,,,.,,. .. -"'%.........l.....?.,.,.,.,,. ir1G+C N DEC.'•I,!W86 ll ($98,149,84)($3.5,,544.50 W'di.076.041 (4%,Syr.18)(4,16,311.37)($578.(189,141($6(-c.1ii.56) tt4,476.9)i (192;,422.07) ($r-6.7,4,8,1(4274,685.6:1 ($1(1.773.71) ($83,717.62) S0,(el SO.iK $i,(Ki $0.00 0.((1 $0.00 ($4,:166.5+2,54 Flt-WE: C ---- ------- --- --°---- ---- ---- --- - --- - --------------------------------------- ------------------------------------- -frog Revenue fund 14 (,11.560.(K+1 0,(J() 0.00 0.00 (250,W1.(0) O.UO :+,(r: 0.0(1 (40,000.001 ($841.680.1{ 15 4rog Others lb (81„'92,43) (23,333.331 (416.8 5.63) (8:8,565.71) (60,736.38) (190,010.30) (13,725.571 (5;,733.991 (88,941.641 (608,088.71,,) 1859.,7•°.,11.171 (t3,215.124.JG investcents: 17 -U1n Funds(interest) 16 (9,405.381 (23,654.72) (2,196.26i (7,(86,08) (78,923.53) (42,051.96) (32,15.4.6:) (7144.29) (79,669.98) (92,71,7•.:5) (17,499.38) (790.82) (39,83*.06) (624.01) Q.423.b5) (4,024.531 (14,843.34) IN.634.33) (1.635.38) ($443.91E.46 19 -Other .- 2-___-- - --- - -- - -- -- -- - ---- ----- -- - - --- - - - --- - - --- - - - - -- - - Yar)ina Revenue r (51,545.85) ,j ($51,:,45.85 Law b Eauipaent Sales 24 (2,616.84) 25 ($2,616.84 Government Grants 26 27 (312,500.00) (1312,500.00, Loa+: Proceeds 28 19 10,(.1 internal Trsf -Res.Fund O 19 T S1 - - - ----'- - -.-_ - - - - - - - 34,300.041 -- - - - - -- 1974 t�G% 72 ___-______--__-__-_____-____---___--_- --__-_--__-___---__-_________�_- TOi:!Ffl4NJE 33 160.951.23) !23,654.721 (2.196.26) (9.704.92) !1?u,1l5.9b1 (6,°,.391.291 (543.834.631 (344.291 (495,895.611 (921,298.86) (78,235.76) (790.82) !1,716,640.36) (14,349.58) (1,162.64). (92,456.37) (622,932.04) (993,984.50) (41,635,38) (5,761,685.27 34 ------ --------------------------------- ------- -- ----------__ ---- -- Er,-VMITLMS: 35 ------------------------_-____ Internal Trsf-Res.Funds 6 434,300.00 0.00 1� 0.05 0.00 0.00 0.00 5140,(KK).(q 1934,300.00 �_::kansfaatsSx-: traat+e__ °786.97- 0.0 0 0.G0 1 ,001.007 6184 20.20 v4 -- -- 00( 1 -Capital 40 166,3 x.00 196.00 121,219.76 4,0(01.00 1,089,432.95 4,.`,00.00 256,114.00 139,033.00 352,921.39 346,340.41 0.(01 0.(A 0.04 100.39 (2,486,(82.=b 41 al b) t1 d) el -Reserves 42 43 t0.(K1 Cfiaa?es-Net Long Tern Liab.' 44 4rincipal 45 :14.(0 -!nterest 46 11 10.(K. 48 _ __ -------------------_ -_-^--__--____----------------------- ___-_-�__-_---____.--_____-�-- i0ia EXFE►Elillr"c5 49 45.'86.8] 166,325.00 u.lYl i96.tti0 12'.219.16 =2,3:3.33 1.084,432.95 4,500.00 690.414.00 I?9.033. ° - ----------------------------�_--- - ----�-------------- OC 35.,9.1.39 0.00 346,340.47 0.00 0.0:1 0.00 600.100.39 0.00 0.00 3.604.601 16 5(+ --- ----------------------------------------------------------------------------------------------- ------------- ------- XLua IM31.1987 i r 1113.314.20) 1182.874.26) (32:72.30) (106,164.14) ;5:9.86'.571 (601.147.30) (60.552.24) !32!.251 (73,10.a03.66) (1.504.040.69) 0.0 (11,564.53) (1.454.017.511 (14,349.56) = ., 192. 22,&31.70) (893.984.50) (41.635.30") . v:cc___.�--------°--°--°------ -=-----=--------------------------------------------------------------------------------------------------------°------------------------------ 'r6 '6 641 b6 ''i ! - ----------------- PAGE U. 4 . 5,rF-c kF-1 ,F F#-• ref!• Ff-11 PF-!. .......LOT LEVIES ......................... RF-14 '..F-15 .......LOT LE :'DES...................... n7-16 RF-17 KC-18 `�` SEE SCHEDULE "C" TOWN ix )PW+ ;TL: - LOT LEE RESERVE FUNDS (Range CtCEIIEE; 1":? M N c ) 5 T U V 8'• ......NEWCASiL:.......................1 ............ COYTiCE................. •..•C,r,.... RIT1 =i: VTr:-... '' I i. .FJrLi; �Cn1;5....1 CIVIC �DMIN.... .... ;,F F! .....1 ,..FIFE PFOTECT CN...i 8l •-cam/-4rv. FubiWoris Civic Admin. Co m/5e-v. Pub/Works Civic Admin. U"^tn Furai Uroan Purai Uroan PuraI !'r^an Purai Urb,. :rai I'D an ;nira! TOTAL 62 5(01-i: 5:01-1'.• A)01-14 Si11)I-15 500!-16 500!-0' ! :0 `_a01- iKQ 1 2" •Ki!__ t _ _ *, :1 5. "- a.Al-_ 5. ^4 Sih1 •%'I-'o tiitil-: --.. -q t_„,1 8„.....+.........................+.^.,«,..,...,...,,.,-.».,-.,...«,,..+,.,.,,.,,,.,...,...,..,....,,,.,,,,......,.,.,.,,.,,,,,,..,,,,,,.,,....,.,...,,...,•,,.,,,.,,.....,..,,,.,,.,,,,..,..,.,,,. ..,.., fir.,,,.„.....,.....,- ....,,..................+.................. .4-ANCE r DE:.'1.(°0: 84 (5763.162. :)(6592.481.:') (1240,990.03)f5152.259.N)(5t34,293.5b) (533.695.60) 1.1,00 5�1. ie? ”. 'i W 1... �. (0 W.i�. s..,@6 5002(4) t!�,!,i, '• K.:J '~0200( !0;200 151. 26.E:._ ;EVE44)E: ----------------------°--- ----------- ---- ------------- —---------------------------------------- 1-'-------------Cantribut:ns: 86 -Eros,Revenue Fund 87 0.C: 88 -From Others(Ulevies) 89 (72.525.13) (61.002.10) (17,200,62) (22,959.65) (11.578.60) (2.894.65) (259.5^:0.97) ib:.834.88) (702,121.76) (53.883.25) 133.600.901 i7,t+40.311 (11.190.30) (2.:.35.2 71 le;.(k?}.;!; (6.737.%2) (66.325.211 (22,616.63) (1.462,549.i: Investments: 90 - -OKi Funds(Intereetl 91 (51.4'1.40i (47,778.64) -- (13.697.56) (13,168.73) (10.775.09) (1.976.741 (11.699.55) :.77;.30) (31.774.41) (2.:.64.911 (1,511.21: (;07.871 1507.18) (116.:3) (30'•,.1; (3.016.56) (1.007.97) (196..;59.7: 92 J -Other 93 94 Loan Proceeds 95 96 Internal Trsf - Res.Fund 97 - 98 99---- ----- —_ ---- -- ---- ------------- - TOTAL REVEIkic I (123.954.53( (108,760.94) (30.896.18) (36,128..8) (22.353.69) (4,871.39) (270.199.52) (65.613.18) (733.896.17) (56,268.06) f3v,118.01) (7.348.18) (1,698.08) (2,651.50) .q 126 �I .(7,0 4l1 1b9,341.77) (23.624.60) (1.658,908.E: - -- '-101 ---- - ---- - —� - ------------ ---- ------------ ----- - —_-- - - - E.VMITURES 102 internal Trsf-Res.Fund 103 434.:00.W 434.SOO.G: 104 Transfers to: -Revenue 105 106 >4 Capital 107 248,314.00 49,033.00 271,888.21 7,800.W 90.000.W 38.566.99 35,118.01 7,348.18 ?48,068.7= _ --.108 a)-'- _ 4)- --- D)— cd -- e)» ---d1- _ _.._ - - dl -- -Reserves 104 - - - ---- -- TQTAL EXPENDITURES 111 682.614.0 49.033.00 271.W8.21 7,8W.00 90,000.00 36.566.99 0.00 0.00 0.00 0.00 35,118.01 7,346.18 0.00 0.(Y) 0,0:1 ::.W 0.00 O.W 1.182,368.: 112------------------ —_— -_ ----- ------- --- ------- -- it: ?ALANCE DEC.31/87 114 (204.!02.06) (652.229.21) 0.00 1140.588.02) (66.647.25) (0.00) (270.199.52) (65.613.16) (733.296.17) (56,268.06) 0.00 9.00 (11.698.08) 12.651.50!1 149.:28.2 , (7,!'':.11) (69.341.771 (23.624.60) (2.403,421=: --- — ----- - --- L M N 0 P 0 R T U V RF-20 F'F-21 W-22 PF-23 RF-24 RF-25 PC-26 P5-27 RF-:9 RF-29- RF-30 RF-31 (....PF-32..........) R{-33 ) :....AF-74........ ) SUMMARY z _ - Vert.check __ 2.403.422.E :ON1(/SERV. PUBLIC 06S CIVIC ADMIN. M SU LIFPARIES FIRE TOTAL \ a) Admin Cent-7529UP`At-34861(e9) • ;pis) 83'?8 -.b1C1 493T :..Caeted Difference (0.' D Y14 (204.502.96) E 114 (652,229.21) F 114 0.00 (11.698.08) (49.1:3.23) (69„41.77) \ b) Admin Cent.JE 11-63 5 114 (01%55.02) H 114 (66,647.:1) 1 114 (0.00) (2.651.50) (7.034.41) 523.624.601 \ c) Cherry Blossom Pk 1 114 (:70.199.52) L 114 (M.896.17) N 114 0.00 \ d) Adam Centre K 114 (65.61:.18) M 114 (56.268.06) 0 114 0.00 \ e) TR 66-87-sidewalks --------- _ -- - --- --_--- -___— 0 Eud9et re Nash Rd.4 Unso,Cwst. _ondensed C/Sere.-(1.5:1 17;0.90'.•.68) (61.509,040.69) 10.00 (1114,349.56) ($56.!x2.64) (592.966.37)($2,403,422.96) \ 1523 - _ -- _(to M521 --Uo-421 --Ltd 0521- .-Cto-n,,:)---(to SS27 - 2.403.422.96--(check Vital \ --- -- - - -- -- - - - -- -- SCHEDULE "C" • =-- •.. Vin- 2222 . '0 401 Or rEWCASTLE (A(TINJIT);ff.Rt�EitUE��. , 6G••11no Self-Insured MunlcIPaI 11un1Upal Tar Public Wows Garbiue Ani.al Cont,-.,; Parts 1- Rec. fire Dept. Sid Credit General PI it Inventory 61dq.:Enemy Cw..unication S/Seer Const. <_:•nical •• S,;t total •• 6owcaw411e ••• TOTA. ::a tat Losses kum tior,Grants- fcho Write Oifs_ Equipe-ent Equipaent Equipftent Eou:pnent Equipment Reserve Capital Warries Reserve Conservation Eq.fire Dept. Courtice Stn.44 :e:-.Flanninc 'l seue -Y(: I-1 AY.-2-K 2400 3-C 4(61-4-1 29(•1 r K 9Gi-lG K ?4(K 11-k 9(Ki-12-T WK 13-X :9M 14-K WO) 16-1 290v-17-1 24Ca•-16-1 :9@? IS-X '�'U-2J X 29(1)-21-1 2900-Z`-I :i•:4-23-X .»..................... ......................«-----.....----«.------......................-----...,.. -----«..«......... ....------- ..»«. .«.......«..,...«.«,«....«.«. .......«,.«.«.. ......«..««.«.«.......•...,..«2222•..«2222. «.«...............«... I,arE LEC,:1/8t 'S:.G:4.24) (6h.307.38) (71.164.77) (765.(0) (W..46.76) 4416.174.lo: (IbMQ6.0i (2,242. ^i (16.495:761 (196,619.66) (35,637.17) (42,524.22) (4,04.89) (161,6ci).4 (415.72) 0.00 0.011 0.(io t',S?i,179.Of)t iii,9iw'.rT) ('.151.087.7'1 ONTRIii ION : - fzvenueFund !.V, (15.1:5.00) 0.(4 (.7,5(4.:x,1 (:9.402.11) (344,594.39` (:5,469.61) 0.r' (25.(*0.0(1) (49.(K)0.0U1 0.00 0.(K- 118,468.29) U.( 02(61 0.(K) 0.(K 81,(K.O.(01 (674.570.WI (30.(0.DO) (654,570.(611 - Others 0.00 (21/!.00) 0.00 0.00, 0.00 (49.141.43) 114.b18.00) 0.•r' 0.00 114.Sm.W) 0.00 0. 0.00 0.( 0.00 0.00 0.W 0.00 (78,5:9.43) (1.562.00) (80,121.43) (1.629.001 (1.829.(0) interest -irsf.btm.funds (10,(i0cb(A) (9,0(0.1(•1 (19.W). (19.000.00) ------------- 1Tti 0.00 !15,384.00) 0.00 (21.5061.001 (39,402.71) (343,735.82) f40.(V.61) 0A, (25,000.00) (63,SM.(10) 0.00 0.00 (18.468.29) ;'.0_--40.00-(10,000.40) (9,000.00) illo,000.00) i722.107.43) (-T'.411. M5.520.411) E 141.)!:141£5: -irsf.Rtlai.ftnds 14,(KO.CQ 14,(":0.04 14.000.1Y1 V*4VEFi T(I: a - Capital .8.513.(%1 0.OU 0.0(1 0.011 /i.W 2.8.01..9% 0.(10 (.:; 11.506.41 10:,050.65 0.00 -.:18.66 0.00 0,( 2,21E.86 0.00 0.00 0.00 433.640.81 --- 7.1'3.640.81 - S.evet ue 4(61,0(40.14 14.060.67 1,114.45 i1.tYi 0 1X1 1.161 (:,(? (.0: U.Gi+ 0.00 10.780.56 O.0 24,520.54 16(.11^:.4 0.(61 0.(4 O.(•? 0.67 612.457.:0 .9,546.(1) 64?.(03.39 ____-----___---_�-�_____--------------------- ------------ ----- -- -- ----_ -- ----°- ilt'i4.EIxf15E5 428,T.0(1 14,060.67 1,414,94, 0.( 0.(K, :28.0 2.97 O.W - 0.tiv 11.506.47 124,050.65 10,780.56 :.218.86 24,520.54 161.6Ei1.4 2,21B.B6�- 0.00 O.Gy____ 0.(0 1,015,09E.ti) N,54600- 1.044,644-20 i:+f� ticC.31:87 ;24.46:.tu1 :61.6:1.511 (69.749.1::) (:'S,:ES.(e, Ca.6`r6.61) (40.305.36) 2.027.36 %%•( _-_1f Sti-.lt__, t10-004.001 4_C-+500=P----=180.00OzOU�t:�821-!a4 (34.7-74.73) t1.?a1-46:_i6, P. -11 -l' -S: n-1� R-IS P-'; -11 R-16 F.-18 R-18-3 Vert.Check (1.861,45 .:6' ' ^iii 0 i, zrrce, St.-*ara budgeted ;r, •Ha:Srs+i:. Ot.m.reeerves I SCHEDULE "D" Revised Financing Administrative Centre Balance in Fund Contribution Not Available Dec. 31/87 to Admin. Other Capital Projects New. C/Services Lot Levy 210,252 122,951 87,300 Court. C/Services Lot Levy 190,588 96,544 94,044 New. P/Works Lot Levy 652,229 454,390 197,839 Court. P/Works Lot Levy 66,647 66,647 - 1988 Required Financing $740,532 Applied to _ 1988 Admin. Capital Budget