Council Meeting/Documents/Financial Plan Bylaw No. 1132, 2024 Schedule 'C' - Consolidated Reserves Plan
Bylaw
Financial Plan Bylaw No. 1132, 2024 Schedule 'C' - Consolidated Reserves Plan
April 16, 2024Page 741 section
Financial table detailing planned transfers to and from various municipal reserves for the years 2024 to 2028.
2024 Net transfers from reserves: ($1,285,430)2028 Net transfers to reserves: $907,223Total 2024 transfers to reserves: $1,878,850
Financial Plan Bylaw No. 1132, 2024
Schedule 'C'
Consolidated Reserves Plan
For the years 2024 to 2028
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Transfers from reserves for operating | |||||
| Growing Communities Fund | (66,160) | (22,519) | - | - | - |
| Police Operating | (424,520) | (249,200) | (257,800) | (265,800) | (274,100) |
| (490,680) | (271,719) | (257,800) | (265,800) | (274,100) | |
| Transfers from reserves for capital | |||||
| Capital Renewal | - | (541,250) | - | - | - |
| Capital Works and Land | (298,400) | (241,690) | - | - | - |
| Community Amenity Contributions | - | - | - | (40,000) | - |
| Fire Department Equipment | (27,600) | - | - | - | (38,600) |
| Growing Communities Fund | (1,468,000) | (539,754) | - | - | - |
| Machinery and Equipment | (88,200) | (100,000) | - | (55,000) | - |
| Park Improvement | (189,012) | (55,000) | (92,500) | (50,000) | - |
| Police Capitalization | (25,000) | - | - | - | - |
| Sewer Capital | (577,388) | (518,500) | (380,000) | (30,250) | (432,170) |
| (2,673,600) | (1,996,194) | (472,500) | (175,250) | (470,770) | |
| Transfers to reserves | |||||
| Capital Renewal | 620,400 | 538,195 | 651,950 | 933,973 | 1,046,593 |
| Capital Works and Land | 61,000 | 62,000 | 64,000 | 65,000 | 66,300 |
| Community Amenity Contributions | 634,500 | - | - | - | - |
| Fire Department Equipment | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 |
| Future Expenditures | 104,000 | 106,000 | 108,000 | 110,400 | 112,600 |
| Growing Communities Fund | - | - | - | - | - |
| Machinery and Equipment | 63,500 | 63,500 | 63,500 | 63,500 | 63,500 |
| Park Improvement | 127,500 | 130,000 | 133,000 | 135,000 | 137,700 |
| Police Capitalization | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Police Operating | 96,250 | 17,000 | 17,000 | 17,000 | 17,000 |
| Sewer Capital | 113,700 | 116,400 | 142,700 | 147,325 | 150,400 |
| 1,878,850 | 1,091,095 | 1,238,150 | 1,530,198 | 1,652,093 | |
| Net transfers to (from) reserves | (1,285,430) | (1,176,818) | 507,850 | 1,089,148 | 907,223 |
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Extracted from: 2024 04 16 Council Agenda - Agenda - Pdf