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HomeMy WebLinkAboutTR-18-81 Memorandum TO: Chairman & Members of the Finance & Administration Committee FROM: Klaas Degroot, C.G.A. , Treasurer DATE: March 9, 1981 - Meeting Date - March 9, 1981 SUBJECT: 1981 Current Budget ITEM: TR-18-81 Recommendation: "1. That the changes in the budget for a total reduction of (258,744) on schedule #1 be confirmed. 2. That the changes in the budget for a total reduction of 142,570 on schedule #2 be approved. 3. That the budget items listed on schedule #3 be reviewed at this time and appropriate action be taken. " Report: The changes enumerated in schedule #1 of this report reflect changes in the budget that were the result of committee resolutions that altered specific items or directed staff to review areas with the view; decrease the budget allocation by target amount. These changes have a net effect of reducing the budgetary proposal by $258,744. The adoption of the recommendations in schedule #2 will affect a further budgetary reduction in the amount of $142,570. These items perhaps would benefit from additional clarification. Items 7609-500-000 and 7609-501-000 are a correction of th.e original request from the Museum Boards. Item 6200-001-000 General Support Grant and 6200-002-000 Resource Equalization Grant reflect a revised calculation of these grant entitlements resulting from Deputy-Treasurer, Bob Bryden and myself attending a Ministry sponsored meeting on February 27, 1981, outlining the revised grant calculation procedures and grant criteria for 1981. cont'd . . . . . March 9, 1981 Finance & Admi.ni:strati::on Committee Page 2 Item 7006-203-000 Treasury Department Travel Allowance is a reduction contemplated and is dealt with in more detail in another report on todays agenda. A number of items entitled Bowmanville and Bond Head Cemeteries are reflections of a revised rate schedule for these cemeteries being adopted effective July 1, 1981, which is dealt with, in more detail in an other report on todays agenda. Schedule #3 identifies items that have had some discussion in committee but no specific action was taken on the items. Of particular interest in this group is the Darlington Sports Centre Capital appropriation which in two parts consists of $4,000 for paving the parking area and $31,000 for a water pumping station. Discussion previously indicated a desire to put off the paving project and postponing the water pumping station if the school board is willing to continue the current arrangement. Alternately, it may be desirable to complete the project in 1981 and fund it from the park development fund. Similar funding is possible for the Capital expenditure under the Park Maintenance and Development Program. Discussion was held at Committee related to the desirability of both purchasing a new fire truck in 1981 and the provision of a reserve for the eventual replacement of existing fire trucks. Incoporating the revisions in Schedules 1 and 2 in the budget would bring the increase in the municipal portion of the tax bill to less then $40 for the average home owner in the Town of Newcastle. This calculation is based on a home valued at $55,000 and assessed at $2750. K. Degroot. Schedule #1 Changes in Budgets by Committee AMOUNT OF PROPOSED REVISED CHANGE Administrator 7004-001-000 Salaries 70,915 57,500 (13,415) Fringe Benefits 7,500 6,000 ( 1,500) 401 Office Equipment 4,545 2,545 ( 2,000) (16,915) Unclassified Administration 7007-294-000 Contribution to Capital 150,000 nil (150,000) Fire Department 7102-001-001 Salaries 143,000 92,000 (51,000) Fringe Benefits 28,000 18,000 (10,000) Recreation - Youth Programs (61,000) 7605-801-012 Swimming Revenue (13,000) (26,000) (13,000) Building Inspection 7103-001-000 Salaries 88,779 88,250 (529) 290 Miscellaneous 5,150 2,650 (2,500) Planning & Development (3,029) 7702-001-000 Salaries 155,800 153,200 (2,600) 102 Publications & Subscriptions 1,275 525 (750) 202 Conventions & Conferences 2,500 2,000 (500) 203 Travel Expense 4,800 4,400 (400) 207 Professeional Fees 56,000 47,000 (9,000) 209 Equipment Maintenance 750 600 (150) 290 Miscellaneous 750 350 (400) 401 Office Equipment 2,050 1,050 (1,000) (14,800) NET CHANGE (258,744) Schedule #2 Changes Recommended AMOUNT OF Account Number PROPOSED REVISED CHANGE 7609-500-000 Bowmanville Museum 58,000 43,000 (15,000) 501 Clarke Museum 11,340 4,055 (7,285) 6200-001-000 General Support Grant (218,000) (245,000) (27,000) 002 Resource Equalization Grant (195,000) (280,000) (85,000) 7006-203-000 Treasury Travel Allowance 3,260 700 (2,560) Bowmanville Cemetery 7402-430-000 Provision for Perpetual Care 7,000 7,800 800 801 Sale of Plots (20,000) (22,500) (2,500) 802 Burials (11,000) (13,750) (2,750) 803 Bond Interest (7,000) (8,000) (11000) Bond Head Cemetery 7403-430-000 Provision for Perpetual Care 400 425 25 801 Sale of Plots (1,000) (1,125) (125) 802 Burials (700) (875) (175) 142,570, Schedule #3 Areas to be Specifically Reviewed AMOUNT PROPOSED REVISED OF CHANGE Fire Department 7102-403-001 Equipment Reserve $20,000 - - 403-002 New Equipment - Tanker 35,000 - - Other Cemeteries 7404-502-000 Clarke Abondoned Cemetery 1,500 3,000 11500 503 Orono Cemetery - 5,000 5,000 Parks Maintenance & Development 7603-150-000 Materials &. Supplies 16,500 8,450 (8,050) 403 Capital 19,200 27,250 8,050 836 Revenue - Parks Reserve (27,250) (27,250) Darlington Sports Centre 7606-403-002 Capital 35,000 31,000 (4,000) 811 Revenue - Parks Reserve (31,000) (31,000)