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HomeMy WebLinkAboutFND-012-02 ~ """ REPORT FINANCE DEPARTMeNT Meeting: GENERAL PURPOSE AND .ADMtNISTRA TION COMMITTEE Date: MONDAY, SEPTEMBER 9,~ FND-012-o2 F.ile #: . ro1 Res9lutlon #tdJfi- 3't).lJA. . . Report #: By.olaw #: Subject: ANNUAL STATEMENT FOR Tf<<.I)EVELOPMENT CHARGES.RESERVE FUttt:tS fOR TME YEAR . ENDED DECEMBER 31, 20&1 Recommendations: ! It is re~pectfullyrecommended the General ~e and Administrative Committee recommend to Council the foUowing: 1. THAT Report FND-012-02 be received for" information. ""'mitted "'~ an .. r, .B.A. C.A. Director of Finance iReviewed bOf1t- ~Q__ e..::ru Franklin Wu Chief Administrative Officer NMT/hjl t 301 !J! ~~ ,~ . REPORT NO.: FNQ..o12..o2 PAGE 2 BACKGROUND 1.0 In accordance with Bill 98, an Act 10 promotllljQb creation and increased municipal accountability while providing for the recovety.ofdevelQpmenl costllrelated 10 new growth, Schedule "A" attached showsthe~ in the Development Charges Reserve Funds for the year ended December 31., 2Of)1. 2.0 For the year ended December 31, 2001. a~of 544 residentilillbunding permits were issued. Approximately 711 units were antleipeted through the 2001 developmentch$rge study review and update. Also, a total of2$~proiects havebEl$n financed by the Development Charges Reserve funds. Attachments: S<;hedUle .Pt . Oevelopment Charges Study~.w and Update SchedUIe"g- - Committed Amounts from Prk:ll'\!'eIllFS' BudgetslCouneilApprovals Schedule "C" - Capital Expenditures , .-~ c~ OF THE fttUNtClPAl.ITY OF CLAAIHGT()M 40 TEMPl::RANCl:STRl:i:T. BOWMANVILl.l:,.clirIlidL 1C .3A6 ,. (905)$23-3319 F (905}623-Q6d8 1302 � ## . . ! i5 . K ! ■ e �) K /\ E § ; ■ K ;� ■_ #( . . E : . n K ! ■ 20 k§ ! `# e § . . ■ # K # � $� ■ 2E ¥ § § § § ■ )§ § . § � . ■E �| | . t to k � §| | ( . . . ! f / ■ . ■ )| �a � - ■ ■ 27� 2Ei mE ©! . . ! !# . ■ § . « |. §, °| ) ||R \ � !! ! ■ }�| k !! ! 2 ! f .'/ � � `off � )� k | � � \� �) 0 ® � � §)/ § ! ) I f) ( `§ \ . �!|�� / ! 1303 YEAR MUNICIPALITY OF CLARINGTON DEVELOPMENT CHARGES RESERVE FUND STATEMENT FOR THE 2001 YEAR SCHEDULE B PROJECT / DESCRIPTION COMMITTED AMOUNTS FROM PRIOR YEARS' BUDGETS/COUNCil APPROVALS RESERVE FUND, ROADS AND RELATED DEVELOPMENT CHARGE 1999 to 2001 Capital Budget -road reconstruction -equipment -sidewalks -street li9hts -road surfacing RESERVE FUND, 2000 Capital 2001 Capital 2001 Capital 2001 Capital RESERVE FUND, 2000 Capital 2000 Council 2001 Capital 2001 Council 2001 Capital 2001 Council RESERVE FUND, 2000 Capital 2001 Capital Total INDOOR RECREA nON DEVELOPMENT CHARGE -Courtice Community Centre - fitness Centre expansion -Courtice Community Park - Arena project-land acquitsition -Courtice Community Park - Arena project-desi9n -Courtice Community Centre - facility expansion Total PARK DEVELOPMENT & FACILITY DEVEWPMENT CHARGE -Darlington Green NBHD Park development -Courtice Parks Baseball Assoc.-battin9 cage Penfound Park -Gulldwood Park NBHD Park development -Guildwood Park NBHD Park development -Wabridge Park NBHD Park development -Wabridge Park NBHD Park development Total PUBLIC WORKS DEPARTMENT DEVELOPMENT CHARGE -miscellaneous equipment -miscellaneous equipment TOTAL COMMITrED TO DEVEWPMENT CHARGES RESERVE FUNDS Total 1304 AMOUNT COMMITTED 200.112 7.463 14,215 194.077 45.449 461,316 54,917 1,409,868 667,006 398,141 2,529.933 50,236 4.958 483,924 76.217 244,239 48,305 907,878 1,823 31,818 33,641 3,932,768 . MUNICFAUTY OF CLARINOTON SCHEDULE C DEVELOPMENT CHARGES RESERVE FUND STATEMENT FOR THE 2001 YEAR CAPITAl. EXPENDITURES DJe RlF NON DIe RlF AMOUNT FINANCING FINANCING DESCRIPTION General Govemmtlnl: Conaulli~legal.OeveIoprnentCh8rge'Appeal 223,734 171,156 General Government DIC RlF 52,577 MunicipaICapitalWorksRIF FireDepartmsn1: Land Aoquilition 309,"" 180,101 Fire Department Ole RlF 51,005 MuoicipaICap;taIWorksRIF 78,690 P8fldandCash-in-lieuRIF Indoor Recrealion' Expansion eee fitness centre 1.491,997 366,712 InQoof Recreation DIC RIF 791,226 Tax Levy 334,058 MIJl'lic:ipaICapitaIWotksRfF Land acquisition - Courtice Sports Complex 293,~1 242.532 Indoor Recreation DIC RlF 29,591 Tax Levy 21,428 MI,W1ic:ipalCapital WOrks RlF Design Fees. Courtice Sports Complex 70,481 ""2 Indoor RecreaUon DIC RlF 7,105 TlUlLevy 5,145 MunieipalCapi18IWorksRlF D&signf eEl ,-CCC expansion 109,450 98.505 IndoorRecreationOICRlF 10,945 LegR'ConsultlProf, Fees Reserve ParlI.Developtnenland Facilities: DarIngton NetiD park <kwelopment 495,209 442,741 part; De".. & Faci.lieI Ole RlF 43,432 WotkingFuncbResetY8 9,036 Tax levy Batting Cage. for Penfoond Par1\. 1,330 1,330 Park Oev, & Facilities Ole RlF Guiktwood NBHD p8rt; d8YeIopment 41,260 35,736 Pal1l Dev. & Facilities OIC RIF 5,525 laxlavy Glass court NBHO park development 118,CXl2 102,201 Parll. Qev. & Faeilities OIC RIF 15,800 lax Levy Public Works Department Purchase Mise. Equipment HamptonIOrono 1,032 1,032 Public WorlIs Department OJC RtF PUIUIaM N_ Equipment Hampton 83,762 62,972 Public Works Department DIC RJF 20,700 PublIcWOl'ktEquipmentRlF Purchase Mile. Equipment Hampton 9,,," 6,416 Public Works Dapartmeflt OJC Rtf Purd1a1l8 New Equipment Hampton 2,119 TaltLflvy 164,142 123,402 Public Works Department OIC RIF 40,740 T8.lCLevy RoadsanclR~: Mearns Ava, Bowmanville. Street Lighting 7,821 6,477 Roads end Ralated OIC RIF 1,,,", TaxLItV)' Means Ave, Bowmanvilla 1,641 1,359 Roads and Related OIC RIF 282 Roaca Contribution RIF Nash Road, ColltiCe 75,681 57,578 Roads and Related DIC RlF 15,777 Tax Levy 2,325 Roads ContriOulion RlF Trulls Road, Courtic8 215,231 193,385 Ro.ds anct Related OIC RlF 21,846 TaxLavy Martin Road, Bowmanv~1a 5,821 4,505 Road& and ReI8tad OIC RIF (3,254) PuOlIc Works & Parks Capitsl RIF 4,570 General Capital Reserve High Street, Bowmanv~1a 182 140 Roadl al'lcl RekIIad OJC RIF " GanenIl Capital Raserva Weliogtoo/Elgin Street, Bowmanvilla 19,345 1,_ Roads and Related OIC RIF 17,681 GeoaraICapilalRallWV8 TownIine Road, Courtice 74,641 83,445 Roads lIlld Related OIC RIF 11,196 Gaoaral Capital RellWVe Uberty Street, Bowmanville 138 117 ROIlCIs and RaI8ted OIC RIF 21 Roacl$ Contribution RIF Silver Street, Bowmanville 21,000 3,292 ROIlCIsand Related OICRIF 17,708 luLltV)' TOTAL CAPITAL EXPENDITURES 3,834,591 171,156 Ganeral Govwnmaot OIC RtF 180,101 Fire 08paftment DIC RIF 765,981 lncloor Reaution DIG RIF 502,008 Park Qev. & FaciIitilIs DIC RIF 194,823 Public Works Department DIC RJF 331,970 ROIlCIllIlld R8IMed OIC R1F 2O,m Public Wort;s Equipment RlF 43,432 Working Fundi R8S8fVe 10,945 LagaIIConsulllProf. Feel R8HrV8 4&4,213 MunIcipllICapitalWorksRtF 7ll,'" PatklanclCaIh-in-Il8uRIF 957,816 Tb'"'Y 2,629 Roecl$ContributionRlf (3,254) PublicWOl'k&&ParkICapitaIRlF 33491 Geoeral Capital Reserve TOTAL FINANCING 2,225,840 1,608,752 1305