OPERATING BUDGET 2018

Transcription

1 Estimate Proposed Proposed Balance Description Balance Transfers In Transfers Out Estimate 1-Jan-18 During Year During Year 31-Dec-18 Agriculture Equipment 876, , , , Bridge Reserve 6,862, ,027, ,972, ,917, *Note 1 Cemetery Development 271, , , Community Aggregate Levy 3,181, , , ,736, *Note 2 Development Road 1,589, ,977, ,677, ,889, *Note 3 Emergency Management 500, , Funds in Lieu of Reserve Land 1,029, , ,052, Gravel 2,278, , ,478, Hamlet of Mirror Contingency 37, , , , * Note 4 Hamlet of Mirror Sanitary Sewer 149, , , * Note 5 Hamlet of Mirror Water System 84, , , Hamlet Street Improvement 473, , , , * Note 6 Lake Access 859, , Lakeview Estates - Water System 33, , , Land Development 416, , Main Road 19,698, ,541, ,198, ,042, * Note 7 Municipal Facilities Reserve 828, ,483, , ,275, * Note 8 New Pavement 846, , Operational Reserve 3,855, , ,334, ,262, *Note 9 Operations Equipment 10,311, ,068, ,760, ,620, Peace Officers Equipment 259, , , , *Note 10 Protective Services 3,713, , , ,080, *Note 11 Recreation Capital Assistance 2,197, ,793, , ,749, * Note 12 Shared Fire Funds Reserve 254, , , , * Note 13 Subdivision Pavement 3,704, , , ,592, * Note 14 Tax Rate Stabilization 2,047, ,047, * Note 15 Trails and Parks 539, , , * Note 16 Water/Wastewater 7,545, , ,626, ,073, *Note 17 Water/Wastewater - Shores 42, , Waste/Water - Slopes 53, , ,543, ,756, ,262, ,038, /26/2018 Page 1

2 Note 1 Allocation to Bridge Reserve - 1) Tax supported funding $1,877,470 2) Bridge material sales surplus $55,000 3) MSI Reallocation $1,094,670 Reductions to the reserve Bridge Projects $1,972,510 Note 2 Community Aggregate - Projected Levy Revenue $715,000 Reserve decreases 1) Portion of peace officer salary $43,150 2) Fund Enhanced Police Services position $117,230 commencing April 1, 2018 Note 3 Road Development Reserve increase as a result of levies collected through developments to fund future road infrastructure. Degraff's Resort - Range Rd 28-2, Twp Rd 41-4 $1,122,190 North Aspelund $25,500 Sandhill Estates $70,000 MSI Reallocation Slopes Range Rd 39-2, Range Rd 1-4 $759,440 Reduction from the Road Development Reserve to fund 1) Degraff's $1,280,950 2) Wilson's Beach Intersectional treatment $75,570 3) Sandy Point $320,490 Note 4 Reduction to fund 1) partial cost of lagoon cleaning $37,460 2) Mirror Waste Utility deficit $130 Note 5 Hamlet of Mirror Sewer Reserve reduction to fund 1) partial cost of lagoon cleaning $27,540, 2) Manhole aprons $16,000 3) Non-routine maintenance $15,000 Note 6 Draw from the Hamlet Street Improvement Reserve to fund paving in Rosedale $397,390 4/26/2018 Page 2

3 Note 7 Transfer to Main Road Reserve 1) Annual Allocation $2,541,950 Reduction to the Main Road Reserve 1) Centerview Road $6,028,500 2) Chip Seal Projects $602,600 3) Range Road 28-2 $572,400 3) Range Road 1-1 $1,823,510 4) Alix North $1,171,220 Note 8 Increases to the Muncipal Facilities Reserve includes $1,483,290 for MSI Reallocation Reductions include 1) Electric Security Door $17,000 2) Virtual Server $20,000 Note 9 Transfer to the Operational Reserve includes 1) MSI Grant Reallocation $741,640 Transfer from the Operational Reserve include projects carried forward from prior years budgets, funds set aside through long range plans and use of MSI contingency allocations Administration - Operating $10,000 Administration - CaseWare Sofware $20,000 Assessment Legal Fees $50,000 Fire - Hazardous Waste Disposal $4,400 Planning - Area Structure Plans $15,000 Planning - Engineering Contingency $5,000 Operations - General Operating $386,010 Operations - Capital Equipment $126,500 Operations - Road Stabilization $50,000 Peace Officer AFRRCS Radios $75,640 Hamlet of Mirror Sewer - Capital $54,000 Hamlet of Mirror Boulevard Paving $102,570 Recreation - Sylvan Recreation Facilities $25,000 Common Services - Asset Management Plan $12,500 Common Services - Records Management Program $318,000 Commons Services - Questica Budget $20,000 Common Services - Software Carry Forward $60,000 $1,334,620 4/26/2018 Page 3

4 Note 10 Reduction in Peace Officer Equipment Reserve to fund the replacement of video recorders and two vehicles Note 11 Alix Fire Dept - Lifepack AED $5,000 Note 12 Transfer from the Recreation Capital Assistance Reserve to fund 1) Alix Ag Society- Rodeo $5,000 2) Clive Arena plant repairs $65,000 3) City of Lacombe $40,930 4) Eckville Arena upgrade $70,510 5) $70,510 Eckville Community Centre $15,000 6) Bentley - Blindman Valley AG Centre $45,000 Note 13 Shared Fire Funds Reserve represents Lacombe Counties 50% share of surplus funds from the operation of jointly owned fire equipment with urban communities Reduction to fund Lacombe Fire Department boat Note 14 Draw from the Subdivision Pavement Reserve to fund paving at the Fairbrother subdivision $381,690 Note 15 Draw from the Tax Rate Stabilization Reserve 1) No draw down of reserve anticipated Note 16 Draw from the Trails & Parks Reserve to fund amenities at Anderson Park $55,500 4/26/2018 Page 4

5 Note 17 Increase in Water/Watewater Reserve 1) Utility Vehicle Replacement $8,850 2) Aspelund Water Utility - Partial Reimbursement $9,890 3) North Aspelund Industrial $136,000 Transfers from the Water/Wastewater Reserve 1) Funding deficits $59,920 to be repaid to reserve once utility is at full capacity 2) MSI Reallocation-West QE II Water/Wastewater Infrastructure $5,562,320 3) Purchase of used vehicle for utility department $4,000 4/26/2018 Page 5