Schedule 4 Projected Reserve Balances (Attachment A)

April 14, 2026Pages 394–3982 sectionsOriginal PDF

Projected balances and activity for all Town reserves from 2025 to 2030.

Projected total reserves 2026: $36,315,106Sewer Capital Total (2026): $851,339Casino Revenue Total (2026): $3,292,847

Schedule 4 Projected Reserve Balances

	2025 $	2026 $	2027 $	2028 $	2029 $	2030 $
Capital reserve funds
Capital Works and Land
Opening balance	1,538,966	1,239,378	1,286,178	1,375,078	1,467,078	1,562,178
Contributions	62,000	62,000	63,200	64,500	65,800	67,100
Capital projects	(414,991)	(40,000)	-	-	-	-
Interest	53,403	24,800	25,700	27,500	29,300	31,200
Capital Works and Land Total	1,239,378	1,286,178	1,375,078	1,467,078	1,562,178	1,660,478

Capital Renewal
Opening balance	1,864,669	3,051,716	4,181,516	5,969,109	8,472,502	11,155,995
Transfer from other fund	200,000	300,000	567,193	667,193	667,193	667,193
Contributions	929,800	1,159,800	1,556,800	1,786,800	1,916,800	2,046,800
Capital projects	(20,393)	(391,000)	(420,000)	(70,000)	(70,000)	(70,000)
Interest	77,640	61,000	83,600	119,400	169,500	223,100
Capital Renewal Total	3,051,716	4,181,516	5,969,109	8,472,502	11,155,995	14,023,088

Park Improvement
Opening balance	766,039	905,494	915,694	1,011,594	1,093,094	1,202,994
Contributions	130,000	130,000	132,600	135,300	138,000	140,800
Capital projects	(19,146)	(137,900)	(55,000)	(74,000)	(50,000)	-
Interest	28,601	18,100	18,300	20,200	21,900	24,100
Park Improvement Total	905,494	915,694	1,011,594	1,093,094	1,202,994	1,367,894

Machinery and Equipment
Opening balance	219,031	250,720	319,220	191,620	261,520	184,120
Contributions	63,500	63,500	64,800	66,100	67,400	68,700
Capital projects	(40,186)	-	(198,800)	-	(150,000)	-
Interest	8,375	5,000	6,400	3,800	5,200	3,700
Machinery and Equipment Total	250,720	319,220	191,620	261,520	184,120	256,520

Fire Department Equipment
Opening balance	193,381	256,917	318,017	381,517	408,717	476,317
Contributions	56,000	56,000	57,100	58,200	59,400	60,600
Capital projects	-	-	-	(38,600)	-	-
Interest	7,536	5,100	6,400	7,600	8,200	9,500
Fire Department Equipment Total	256,917	318,017	381,517	408,717	476,317	546,417

Police Capitalization
Opening balance	382,675	385,280	294,980	302,880	310,980	319,180
Contributions	-	2,000	2,000	2,000	2,000	2,000
Capital projects	(10,851)	(100,000)	-	-	-	-
Interest	13,456	7,700	5,900	6,100	6,200	6,400
Police Capitalization Total	385,280	294,980	302,880	310,980	319,180	327,580

Sewer Capital
Opening balance	1,201,652	1,261,239	851,339	911,739	456,939	287,339
Contributions	138,900	188,900	242,700	297,600	353,600	410,700
Capital projects	(122,974)	(624,000)	(199,300)	(770,600)	(532,300)	(730,000)
Interest	43,661	25,200	17,000	18,200	9,100	5,700
Sewer Capital Total	1,261,239	851,339	911,739	456,939	287,339	26,261

Growing Communities Fund
Opening balance	3,805,285	3,815,127	3,015,227	2,810,177	2,866,377	2,923,677
Core operating	-	-	-	-	-	-
Non-capital requests	-	(88,900)	(45,350)	-	-	-
Capital projects	(123,859)	(787,300)	(220,000)	-	-	(455,000)
Interest	133,702	76,300	60,300	56,200	57,300	58,500
Growing Communities Fund Total	3,815,127	3,015,227	2,810,177	2,866,377	2,923,677	2,527,177

Capital reserve funds Total	11,165,871	11,182,171	12,953,714	15,337,207	18,111,800	20,682,893

Operating reserve funds

	2025 $	2026 $	2027 $	2028 $	2029 $	2030 $
Future Expenditures
Opening balance	1,465,086	1,575,917	1,713,417	1,855,817	2,003,217	2,155,817
Contributions	106,000	106,000	108,100	110,300	112,500	114,800
Non-capital requests	(48,000)	-	-	-	-	-
Interest	52,831	31,500	34,300	37,100	40,100	43,100
Future Expenditures Total	1,575,917	1,713,417	1,855,817	2,003,217	2,155,817	2,313,717

Police Operating
Opening balance	2,890,775	3,009,939	2,627,639	2,432,839	2,229,139	2,016,339
Contributions	17,000	17,000	17,300	17,600	18,000	18,400
Core operating	-	(259,500)	(264,700)	(270,000)	(275,400)	(280,900)
Non-capital requests	-	(200,000)	-	-	-	-
Interest	102,164	60,200	52,600	48,700	44,600	40,300
Police Operating Total	3,009,939	2,627,639	2,432,839	2,229,139	2,016,339	1,794,139

Operating reserve funds Total	4,585,856	4,341,056	4,288,656	4,232,356	4,172,156	4,107,856

Statutory reserve funds

Page 394–398

	2025 $	2026 $	2027 $	2028 $	2029 $	2030 $
Drainage DCCs
Opening balance	1,604,923	1,661,523	1,704,723	1,748,823	1,793,823	1,839,723
Contributions	-	10,000	10,000	10,000	10,000	10,000
Non-capital requests	-	-	-	-	-	-
Capital projects	-	-	-	-	-	-
Interest	56,600	33,200	34,100	35,000	35,900	36,800
Drainage DCCs Total	1,661,523	1,704,723	1,748,823	1,793,823	1,839,723	1,886,523

Highways DCCs
Opening balance	3,236,619	3,166,357	3,056,257	3,236,357	2,831,757	3,007,357
Contributions	-	119,000	119,000	119,000	119,000	119,000
Non-capital requests	-	(264,700)	-	-	-	-
Capital projects	(183,629)	(27,700)	-	(588,300)	-	-
Interest	113,367	63,300	61,100	64,700	56,600	60,100
Highways DCCs Total	3,166,357	3,056,257	3,236,357	2,831,757	3,007,357	3,186,457

Park Improvements DCCs
Opening balance	1,289,157	1,302,583	1,349,583	1,434,583	1,456,733	1,516,383
Contributions	-	58,000	58,000	58,000	58,000	58,000
Non-capital requests	-	-	-	-	-	-
Capital projects	(31,909)	(37,100)	-	(64,550)	(27,450)	(8,900)
Interest	45,336	26,100	27,000	28,700	29,100	30,300
Park Improvements DCCs Total	1,302,583	1,349,583	1,434,583	1,456,733	1,516,383	1,595,783

Parkland Acquisition DCCs
Opening balance	2,105,424	2,179,674	2,320,274	2,463,674	2,609,974	2,759,174
Contributions	-	97,000	97,000	97,000	97,000	97,000
Non-capital requests	-	-	-	-	-	-
Interest	74,250	43,600	46,400	49,300	52,200	55,200
Parkland Acquisition DCCs Total	2,179,674	2,320,274	2,463,674	2,609,974	2,759,174	2,911,374

Sewer DCCs
Opening balance	2,626,054	2,717,426	2,625,326	2,550,126	1,430,726	1,490,626
Contributions	-	114,000	114,000	114,000	114,000	114,000
Non-capital requests	-	(198,000)	-	-	-	-
Capital projects	(1,234)	(62,400)	(241,700)	(1,284,400)	(82,700)	-
Interest	92,606	54,300	52,500	51,000	28,600	29,800
Sewer DCCs Total	2,717,426	2,625,326	2,550,126	1,430,726	1,490,626	1,634,426

Parks and Open Space
Opening balance	1,584,354	1,640,228	1,673,028	1,706,528	1,740,628	1,775,428
Interest	55,874	32,800	33,500	34,100	34,800	35,500
Parks and Open Space Total	1,640,228	1,673,028	1,706,528	1,740,628	1,775,428	1,810,928

Statutory reserve funds Total	12,667,792	12,729,192	13,140,092	11,863,642	12,388,692	13,025,492

Reserve accounts

	2025 $	2026 $	2027 $	2028 $	2029 $	2030 $
Casino Revenue
Opening balance	4,628,773	4,136,947	3,292,847	2,498,047	2,013,747	600,347
Gaming revenue	1,745,372	1,700,000	1,666,000	1,632,700	1,600,000	1,568,000
Grants in aid	(60,842)	(87,200)	(85,000)	(83,300)	(81,600)	(80,000)
West Shore Parks and Recreation	(790,789)	(752,500)	(687,500)	(622,500)	(557,500)	(492,500)
Debt servicing	(167,193)	(167,193)	-	-	-	-
Core operating	(45,565)	(59,131)	(54,500)	(64,500)	(54,500)	(54,500)
Non-capital requests	(215,152)	(732,176)	(423,000)	(389,500)	(191,500)	(77,000)
Capital projects	(757,657)	(445,900)	(643,600)	(290,000)	(1,461,100)	(121,100)
Transfer to other fund	(200,000)	(300,000)	(567,200)	(667,200)	(667,200)	(667,200)
Casino Revenue Total	4,136,947	3,292,847	2,498,047	2,013,747	600,347	676,047

Community Works Fund
Opening balance	1,915,247	1,148,061	1,332,521	1,896,521	2,357,271	2,769,521
Federal gas tax grant	590,466	590,500	602,300	614,300	626,600	639,100
Non-capital requests	-	(20,000)	(35,000)	(30,000)	-	-
Capital projects	(1,415,702)	(409,040)	(30,000)	(161,450)	(261,450)	(485,000)
Interest	58,050	23,000	26,700	37,900	47,100	55,400
Community Works Fund Total	1,148,061	1,332,521	1,896,521	2,357,271	2,769,521	2,979,021

Tree Replacement Funds
Opening balance	129,044	129,464	129,464	129,464	129,464	129,464
Contributions	1,820	10,000	10,000	10,000	10,000	10,000
Core operating	(1,400)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)
Tree Replacement Funds Total	129,464	129,464	129,464	129,464	129,464	129,464

Local Government Climate Action Program
Opening balance	509,069	501,059	369,559	276,959	181,459	120,959
Contributions	-	-	-	-	-	-
Core operating	(6,810)	(66,400)	(46,000)	(46,900)	(47,900)	(48,900)
Non-capital requests	(1,200)	(65,100)	(46,600)	(48,600)	(12,600)	(13,100)
Local Government Climate Action Program	501,059	369,559	276,959	181,459	120,959	58,959

Local Government Housing Initiatives
Opening balance	192,279	115,000	-	-	-	-
Contributions	-	-	-	-	-	-
Non-capital requests	(77,279)	(115,000)	-	-	-	-
Local Government Housing Initiatives Total	115,000	-	-	-	-	-

Reserve accounts Total	6,030,531	5,124,391	4,800,991	4,681,941	3,620,291	3,843,491

Multi-purpose reserve funds

	2025 $	2026 $	2027 $	2028 $	2029 $	2030 $
Community Amenity Contributions
Opening balance	2,270,697	2,350,776	2,387,776	2,425,576	2,464,076	2,483,376
Contributions	-	-	-	-	-	-
Capital projects	-	-	-	-	(20,000)	-
Non-capital requests	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)	(10,000)
Interest	80,079	47,000	47,800	48,500	49,300	49,700
Community Amenity Contributions Total	2,350,776	2,387,776	2,425,576	2,464,076	2,483,376	2,523,076

Cash in Lieu of Parking
Opening balance	521,335	539,721	550,521	561,521	572,721	584,221
Contributions	-	-	-	-	-	-
Interest	18,386	10,800	11,000	11,200	11,500	11,700
Cash in Lieu of Parking Total	539,721	550,521	561,521	572,721	584,221	595,921

Multi-purpose reserve funds Total	2,890,496	2,938,296	2,987,096	3,036,796	3,067,596	3,118,996

Total	37,340,546	36,315,106	38,170,549	39,151,942	41,360,535	44,778,728

Page 394–398

Extracted from: 2026 04 14 Committee of the Whole Meeting - Agenda - Pdf(471 pages total)