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HomeMy WebLinkAboutTR-27-87 TOWN OF NEWCASTLE Y =' REPORT File # /() 7 Res. # By-Law # MEETING: GENERAL PURPOSE & ADMINISTRATION COMMITTEE MEETING DATE: April 3, 1987 REPORT #: TR 87 FILE #: SUB,ECT: 1987 CURRENT - CAPITAL BUDGET AND RATING BY-LAW RECOMMENDATIONS: It is respectfully recommended to Council the following: 1. That report TR-27-87 be received; and 2. That the 1987 Current and Capital budgets for local municipal services be approved; and 3. That the attached 1987 rating by-law be referred to Council for approval; and 4. That the fee structure for tax certificates be increased and the attached by-law authorizing same be referred to Council for approval; and 5. That the attached by-law to establish a Reserve Fund for Retirement of Debentures be referred to Council for approval. BACKGROUND & COMMENT: GPA Resolution #k292-87 directed the Chief Administrative Officer and the Treasurer to refine the budget per the suggested adjustments presented at Committee on March 201, 1987 to reflect a 6.25% increase over 1986. .. .2 TR-27-87 Page 2 In refining the budget, staff took into consideration the recommendation previously presented to Committee. In addition, staff reviewed other areas where further adjustments were deemed appropriate i.e. increasing revenues and/or a further increase/ decrease in expenses. Schedule A attached indicates areas adjusted to bring the tax levy down from $5,637,347 to $4,885,447 or from 21.30 to 5. 12% respectively over the 1986 municipal levy. Respectfully submitted, Recommended for presentation to the Committee if J (A�V/ ,� .R. Blanchard Lawrence E. Kot e Treasurer Chief Adminis za V' e officer JRB/pp ATTACHMENTS: SCHEDULE A 1987 PROPOSED ADJUSTMENTS ADJUSTMENTS TAX LEVY PER REPORT TR17-87 - 5,637,347 EXPENSE ADJUSTMENTS LIBRARY Courtice Branch (375,000) 5,262,347 PUBLIC WORKS Winter Control (113,000) 5,149,349 Engineering Technician I ( 23,937) 5,125,410 CLERK'S DEPARTMENT Copy & Duplication Supplies ( 10,000) 5,115,410 *Memberships & Dues 40 5,115,4501 FIRE DEPARTMENT Four Full Time Firefighters (132,435) 4,983,015 One Dispatch Operator ( 4,180) 4,978,835 Fire Admin. Bldg. Reserve ( 50,000) 4,928,835 *Miscellaneous ( 18,330) 4,910,505 COMMUNITY SERVICES Hampton - Trailer Rent ( 5,200) 4,905,305 *Capital - Camera ( 400) 4,904,905 GRANTS LACAC Committee ( 2,1001) 4,902,805 *Grant Increases 38,997 4,941,802 PLANNING DEPARTMENT Consulting ( 20,000) 4,921,802 Non Union Secretary ( 21,901) 4,899,901 *Building Inspection 50,156 4,950,0157 *Planning Admin. 34,709 4,984,766 *LACAC Committee 500 4,985,266 FINANCE DEPARTMENT *Unclassified Admin. Debenture Retirement 40,000 5,025,266 *Computer - New Disc 30,675 5,055,941 ...2 SCHEDULE A - Page Two PER REPORT TR-17-87 ADJUSTMENTS TAX LEVY REVENUE ADJUSTMENTS *Grant Adjustment 34,306 5,090,247 *Supplementary Taxes ( 20,000) 5,070,247 *Tax Certificates ( 15,000) 5,055,247 *Permits (100,000) 4,955,247 *Contribution Reserves - Works & Cemeteries ( 16,300) 4,938,947 *Contribution Reserve Funds - Library - Computer ( 53,500) 4,885,447 TOTAL ADJUSTMENTS 751,900 NET TAX LEVY 4,885,447 * further staff adjustments Additional Grants Budgeted Bowmanville Museum $19,244 Clarke Museum 7,253 Orono Horticultural 200 Durham Central Agricultural 3,0001 Courtice Park 3,000 Courtice & Area Community Assoc. 1001 Newcastle Baseball Assoc. 5001 Bowmanville Minor Hockey 2,500 Newtonville Community Hall Board 70101 C.N.I.B. 2,000 Orono Figure Skating Club 5010 Increased Grants $38,997 I�