AGENDA COMMITTEE-OF-THE-WHOLE MEETING OF COUNCIL CITY HALL COUNCIL CHAMBERS MONDAY, APRIL 13, :00 P.M.

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1 AGENDA COMMITTEE-OF-THE-WHOLE MEETING OF COUNCIL CITY HALL COUNCIL CHAMBERS MONDAY, APRIL 13, :00 P.M. (1) CALL TO ORDER (2) PUBLIC INPUT PERIOD (3) ADOPTION OF AGENDA (4) OPERATIONAL DISCUSSIONS & PRESENTATIONS a) Committee-of-the-Whole discussion regarding the Draft Financial Plan for Council to approve in order to proceed with the Public Consultation scheduled for April 20, (5) CLOSE OF MEETING RESOLVED that the April 13, 2015 Committee-of-the-Whole Meeting be adjourned. April 13, 2015 Committee-of-the-Whole Meeting 1 1 of 30

2 41L CITY 0J,J ROSSLAND MEMORANDUM DATE: April 8, 2015 FILE: /2015 TO: Mayor and Council SUBMITTED BY: Acting Chief Financial Officer SUBJ ECT: Completed Balanced Following the Committee of the Whole meeting on April 1, 2015, Council approved the Acting Chief Financial Officer to complete and balance the Financial Plan. Below is a list of changes made to balance the budget; General Fund 1. An additional expenditure of $25,000 was budgeted to reflect the grant application for asset management to UBCM Capital Building Stream. 2. $20,000 was removed from the legal fees to reflect the arbitration cost regarding a staff grievance. In contract, the adjusted labour cost has been placed backing to the labour costs. 3. Operating reserves increase over the five years with the exception of the general operating reserve which will decrease by approx. $53k to $210k. 4. The Major capital reserve shall increase from a balance of nil to $280k over the five years. The general capital reserve shall decrease by approx. $1.2m over the five years to $580k. The general debt retirement shall increase by $190k to approx. $299k. 5. Washington is fully funded via debt in The budget reflected to debt proceeds and the debt repayments in 2016 and subsequent years. 6. See the schedule A for the revised capital spending yearly allocation. 7. This achieves a balanced budget over the five years, with each year balancing to nil. Water Fund 8. Water Parcel Taxes was increased from $ to $156.66, 5% increase, generating an additional $15,867 in An additional 5% increase was carried through to 2019, resulting in the parcel tax being $ in The revenue generated from utility bills was increased 2.5% in 2015 (5% for 6 months, $12,866), 10% increase from 2016 to For a residential property, the following increases would apply; Phone Fax cityhatl@rossland.ca Web rossland.ca 1899 Columbia Avenue, P0 Box 1179, Rossland, BC VOG 1YO, Canada 2 of 30

3 2015 Category Rate once increase applied Base Rate $16.75/mth or $ annually $17.59/mth or $ annually. Consumption Rate St 3 $0.25/i 30m St 3 $0.26/i 30m $0.40/ m to 101m 3 $0.42/ m to 101m 3 $0.60/ m 3 upwards $0.63/iOi.0001m upwards 10. Operating and Capital reserves fluctuate throughout the five years closing on a balance of $824, Washington is fully funded via debt in The budget reflected to debt proceeds and the debt repayments in 2016 and subsequent years. 12. There is no capital expenditure in the water fund in 2015 as the water for Pinewood was completed in This achieves a balanced budget over the five years, with each year balancing to nil. Sewer Fund 14. Sewer Parcel Taxes was increased from $49.30 to $59.16, 20% increase, generating an additional $20,578 in An additional 20% increase was carried through to 2019, resulting in the parcel tax being $ in The revenue generated from utility bills was increased 10% in 2015 ($50,183), 20% in 2016, 15% in 2017, 10% in 2018, and 10% in % increase in 2015 generates an additional $50,183 in For a residential property, the following increases would apply; Category Rate once increase applied Base Rate $23.33/mth or $ annually $25.66/mth or $ annually 16. In 2015, $191,848 is transferred out of operating and capital reserves, depleting the sewer operating and capital reserves to $29,049. In 2016, the reserves balance of $29,049 is completely used. In 2017 to 2019, the reserves are replenished to a balance of $327,755 (operating and capital). Please note, the sewer operating sewer is used to support the sewer capital fund in 2015 and The only capital expenditure in 2015 is completing Pinewood Drive. 18. Washington is fully funded via debt in The budget reflected to debt proceeds and the debt repayments in 2016 and subsequent years. 19. This achieves a balanced budget over the five years, however a deficit is incurred in 2016 for $69,983 and surplus in 2017 for $69,983. Recommendation: THAT Council approves the budget for public consultation on April 27, 2015 Acting Chief Financial Officer Reviewed bøeput Corporate Officer Phone Fax cityhall@rossiand.ca Web rossland ca 1899 Columbia Avenue, P0 Box 1179, Rossland, BC V0G 1YO, Canada 3 of 30

4 Capital Expenditure - Schedule A Capital Expenditure Planning Total % of Total Fund Phase II - Washington Street Upgrade Project (First Avenue to Highway 3B) - Complete infrastructure upgrade. - 5,438, ,438,876 46% General, Water & Sewer Fund To replace the retaining wall on the Queen street side of the Unitied Church and 630, ,266 5% General Fund Lower Water Line 1st Ave Spokane to Washington - 500, ,000 4% General, Water & Sewer Fund Spokane from 1st to Columbia 550, ,000 5% General, Water & Sewer Fund Leroi Ave: Davis St - Earl St , ,000 4% General, Water & Sewer Fund Spokane St: 2nd Ave - 1st Ave ,000 3% General, Water & 350,000 Sewer Fund To install security fencing around the Ophir and Star Gulch reservoirs , ,750 3% Water Fund Total Reconstrution of the Tennis Court located on Park Street ,000 25, , ,000 3% General Fund Leroi Ave: Earl St - Spokane St ,000 4% General, Water & 450,000 Sewer Fund To completely rebuild the infrastructure of Pinewood Drive from Tamarack to Spruce 210, ,000 2% General, Water & Sewer Fund Road, water, sewer and drainage. Install Arena Dehumidifier , ,000 3% General Fund To completely rebuild the infratrstucture of Spruce Ave from Cedar to Maple Crescent (approx. 80m) Road, water, sewer and drainage , ,640 2% General, Water & Sewer Fund Broadband % General Fund Georgia Street - 4th Avenue to Columbia Kootenay Road , ,500 1% General, Water & Sewer Fund Spokane St- Spokane / Earl Connector to 1st Ave % General, Water & Sewer Fund RM Resort Entrance - 158, ,782 1% General Fund Arena Building Upgrades 20,000 20,000 20,000 20,000-80,000 1% General Fund Georgia Street - North End , ,814 1% General, Water & Sewer Fund To complete the structural upgrade in the curling rink ,000-45,000 0% General Fund To bring the street signs up to ICBC compliance level - 20, ,000 0% General Fund Replacing the Library Porch Roof 10, ,000 0% General Fund Miners Hall Renovation 335, ,000 3% General Fund Equipment Replacement Program 190, ,000 63,000 97, , ,000 6% General Fund Star Gulch Recreation Site - Construction then maintenance - 157,250 22,697 22,697 22, ,341 2% General Fund Vadium Software Upgrade 10,000 10,000 0% General Fund Repair/Install Railings around Streets and Sidewalks 10,000 10,000 10,000 10,000 10,000 50,000 0% General Fund Sewer 1280 Spokane - Trespassing 20,000 20,000 0% Sewer Fund Jubilee Washrooms 75,000 75,000 1% General Fund Information Systems Upgrades at City Hall 6,581 6,581 0% General Fund Total 436,581 7,336, ,793 1,339,337 1,409, ,750 11,844, % General Fund 4 of 30

5 Capital Expenditure - Schedule A Capital Expenditure Planning Phase II - Washington Street Upgrade Project (First Avenue to Highway 3B) - Complete infrastructure upgrade. To replace the retaining wall on the Queen street side of the Unitied Church and Lower Water Line 1st Ave Spokane to Washington Spokane from 1st to Columbia Leroi Ave: Davis St - Earl St Spokane St: 2nd Ave - 1st Ave To install security fencing around the Ophir and Star Gulch reservoirs. Total Reconstrution of the Tennis Court located on Park Street Leroi Ave: Earl St - Spokane St To completely rebuild the infrastructure of Pinewood Drive from Tamarack to Spruce Road, water, sewer and drainage. Install Arena Dehumidifier. To completely rebuild the infratrstucture of Spruce Ave from Cedar to Maple Crescent (approx. 80m) Road, water, sewer and drainage. Broadband Georgia Street - 4th Avenue to Columbia Kootenay Road Spokane St- Spokane / Earl Connector to 1st Ave RM Resort Entrance Arena Building Upgrades Georgia Street - North End To complete the structural upgrade in the curling rink To bring the street signs up to ICBC compliance level Replacing the Library Porch Roof Miners Hall Renovation Equipment Replacement Program Star Gulch Recreation Site - Construction then maintenance Vadium Software Upgrade Repair/Install Railings around Streets and Sidewalks Sewer 1280 Spokane - Trespassing Jubilee Washrooms Information Systems Upgrades at City Hall Total % General Fund of Capital Expenditure Split - 2,175, , , , , , ,000 25, , , , , , , , ,000 20,000 20,000 20, , ,000-20, , , , ,000 63,000 97, , ,250 22,697 22,697 22,697 10, ,000 10,000 10,000 10,000 10, , , ,581 3,723, , , ,697 5 of 30

6 Capital Expenditure - Schedule A Capital Expenditure Planning Phase II - Washington Street Upgrade Project (First Avenue to Highway 3B) - Complete infrastructure upgrade. To replace the retaining wall on the Queen street side of the Unitied Church and Lower Water Line 1st Ave Spokane to Washington Spokane from 1st to Columbia Leroi Ave: Davis St - Earl St Spokane St: 2nd Ave - 1st Ave To install security fencing around the Ophir and Star Gulch reservoirs. Total Reconstrution of the Tennis Court located on Park Street Leroi Ave: Earl St - Spokane St To completely rebuild the infrastructure of Pinewood Drive from Tamarack to Spruce Road, water, sewer and drainage. Install Arena Dehumidifier. To completely rebuild the infratrstucture of Spruce Ave from Cedar to Maple Crescent (approx. 80m) Road, water, sewer and drainage. Broadband Georgia Street - 4th Avenue to Columbia Kootenay Road Spokane St- Spokane / Earl Connector to 1st Ave RM Resort Entrance Arena Building Upgrades Georgia Street - North End To complete the structural upgrade in the curling rink To bring the street signs up to ICBC compliance level Replacing the Library Porch Roof Miners Hall Renovation Equipment Replacement Program Star Gulch Recreation Site - Construction then maintenance Vadium Software Upgrade Repair/Install Railings around Streets and Sidewalks Sewer 1280 Spokane - Trespassing Jubilee Washrooms Information Systems Upgrades at City Hall Total % Water Fund of Capital Expenditure Split - 1,903, , , , , , , , , ,096,107 94, , ,500 6 of 30

7 Capital Expenditure - Schedule A Capital Expenditure Planning Phase II - Washington Street Upgrade Project (First Avenue to Highway 3B) - Complete infrastructure upgrade. To replace the retaining wall on the Queen street side of the Unitied Church and Lower Water Line 1st Ave Spokane to Washington Spokane from 1st to Columbia Leroi Ave: Davis St - Earl St Spokane St: 2nd Ave - 1st Ave To install security fencing around the Ophir and Star Gulch reservoirs. Total Reconstrution of the Tennis Court located on Park Street Leroi Ave: Earl St - Spokane St To completely rebuild the infrastructure of Pinewood Drive from Tamarack to Spruce Road, water, sewer and drainage. Install Arena Dehumidifier. To completely rebuild the infratrstucture of Spruce Ave from Cedar to Maple Crescent (approx. 80m) Road, water, sewer and drainage. Broadband Georgia Street - 4th Avenue to Columbia Kootenay Road Spokane St- Spokane / Earl Connector to 1st Ave RM Resort Entrance Arena Building Upgrades Georgia Street - North End To complete the structural upgrade in the curling rink To bring the street signs up to ICBC compliance level Replacing the Library Porch Roof Miners Hall Renovation Equipment Replacement Program Star Gulch Recreation Site - Construction then maintenance Vadium Software Upgrade Repair/Install Railings around Streets and Sidewalks Sewer 1280 Spokane - Trespassing Jubilee Washrooms Information Systems Upgrades at City Hall Total % Sewer Fund of Capital Expenditure Split - 1,359, , , , , ,500-77, , , , , ,000 1,517,219 67, , ,500 7 of 30

8 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Property Taxes Revenue Property Taxes 3,516,729 3,517,121 3,539,927 3,547,426 3,577,596 3,863,990 3,863, % 3,863,990 3,990,037 4,103,038 4,218,299 4,335,865 Non Market Changes % 49,024 35,000 35,000 35,000 35,000 Risk to Roll % (1,238) (2,500) (2,500) (2,500) (2,500) Property Tax Increase % 78,260 80,501 82,761 85,066 87,417 Utility Taxes 46,736 50,586 50,792 62,830 56,914 55,150 55,150 (0) 100% 56,697 57,831 58,988 60,168 61,372 Concession & Franchise Fees 54,223 53,143 47,597 40,361 42,163 39,536 39, % 44,430 45,319 46,225 47,150 48,093 Grants in Lieu 11,641 13,394 18,259 17,658 22,361 21,388 18,079 3, % 22,181 22,403 22,628 22,854 23,083 Tax Penalties & Interest 61,962 57,311 61,643 67,890 69,408 59,388 74,106 (14,718) 80% 61,333 74,672 76,770 78,909 81,092 Total Property Taxes Revenue 3,691,291 3,691,557 3,718,218 3,736,165 3,768,442 4,039,452 4,050,642 (11,190) 100% 4,174,677 4,303,263 4,422,910 4,544,946 4,669,422 General Grants Received Small Communities Protection Grant 804, , , , , , ,103 (1,838) 99% 455, , , , ,000 School Tax Collection Fee 3,938 3,967 3,877 3,894 3,880 3,851 3, % 3,850 3,889 3,928 3,967 4,007 Total General Grants Received 808, , , , , , ,903 (1,787) 99% 458, , , , ,007 Government & Management Expenses City Hall (33,693) (36,047) (33,471) (31,085) (33,254) (30,183) (34,500) 4,317 87% (31,584) (31,500) (31,600) (31,700) (31,800) Legislative Services (156,575) (174,749) (187,484) (182,494) (190,896) (176,516) (192,984) 16,468 91% (335,401) (341,550) (349,950) (358,550) (392,801) Admin & Customer Support (466,870) (463,800) (472,787) (311,264) (371,805) (358,457) (413,834) 55,377 87% (621,039) (523,550) (531,850) (541,450) (552,350) Financial Services (126,951) (133,012) (148,538) (286,331) (365,663) (377,688) (388,626) 10,938 97% (511,200) (521,428) (531,156) (541,085) (551,815) Information Systems (88,526) (92,644) (147,615) (76,720) (74,467) (71,300) (77,800) 6,500 92% (71,686) (73,705) (74,465) (75,265) (76,065) Elections & Referenda 0 (662) (7,952) (526) 0 (9,261) (8,100) (1,161) 114% 0 (7,952) 0 (8,100) 0 Insurance Premiums (77,976) (95,415) (78,240) (63,943) (76,703) (87,099) (84,930) (2,169) 103% (87,411) (88,110) (88,810) (89,510) (90,210) Misc. General Expenses (25,315) (29,729) (19,591) (23,943) (13,605) (17,403) (31,209) 13,806 56% (28,932) (17,012) (22,012) (22,012) (22,012) Total Government & Management Expenses (975,906) (1,026,058) (1,095,679) (976,306) (1,126,393) (1,127,908) (1,231,983) 104,075 92% (1,687,253) (1,604,808) (1,629,843) (1,667,672) (1,717,053) Operating Community Support Grants Rossland Chamber of Commerce (41,400) (41,400) (41,400) (41,400) (39,330) (32,451) (32,451) 0 100% (15,636) (14,854) (14,111) (13,406) (12,736) Rossland Council for Arts & Culture (3,500) (4,000) (4,000) (4,000) (4,000) (4,000) (4,000) 0 100% (3,909) (3,714) (3,528) (3,351) (3,184) Kootenay Columbia Trails Society (18,885) (19,000) (19,000) (19,000) (19,000) (20,500) (20,500) 0 100% (19,500) (18,525) (17,599) (16,719) (15,883) Tourism Rossland (39,000) (30,000) (30,000) (30,000) (28,500) (25,000) (25,000) 0 100% (22,803) (21,663) (20,580) (19,551) (18,573) Bear Aware / WildSafeBC (2,500) (2,500) (2,500) (2,500) (2,500) (2,500) (2,500) 0 100% (2,150) (2,043) (1,940) (1,843) (1,751) Financial Assistance - Rec. Programs 0 (8,197) (6,081) (7,074) (1,208) (7,001) (7,000) (1) 100% (6,841) (6,499) (6,174) (5,865) (5,572) Misc. Grants in Aid (Council) 0 (15,603) (10,842) (1,750) 0 (1,000) (1,800) % (1,710) (1,625) (1,543) (1,466) (1,393) Heritage Commission 0 (1,414) (1,385) (2,445) (4,399) (4,189) (5,000) % (5,212) (4,023) (3,822) (3,631) (3,449) Sustainability Commission (40,067) (39,361) (12,454) (24,420) (9,939) (10,007) (5,000) (5,007) 200% (12,659) (12,026) (11,425) (10,854) (10,311) Sustainability Commission Projects (50,555) (52,100) (37,321) (5,444) (8,858) 0 (4,000) 4,000 0% Tennis Club (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) (2,000) 0 100% (2,854) (2,711) (2,576) (2,447) (2,325) Rossland Museum Society (23,000) (23,000) (23,000) (28,000) (48,450) (48,500) (48,500) 0 100% (48,500) (46,075) (43,771) (41,583) (39,504) Rossland Public Library (115,400) (122,400) (124,000) (126,000) (126,000) (126,000) (126,000) 0 100% (119,725) (113,739) (108,052) (102,649) (97,517) Neighborhoods of Learning 0 (10,000) (8,412) (15,842) (14,085) % (12,272) (7,858) (7,465) (7,092) (6,738) Total Operating Community Support Grants (336,306) (370,976) (322,394) (309,875) (308,269) (283,148) (283,751) % (273,771) (255,354) (242,587) (230,457) (218,934) Operating Community Support Golden City Days (4,703) (5,799) (4,912) (4,556) (3,994) (4,014) (5,900) 1,886 68% (4,339) (4,300) (4,300) (4,300) (4,300) Rossland Winter Carnival (4,512) (13,302) (9,361) (9,107) (18,901) (18,925) (17,100) (1,825) 111% (14,500) (15,000) (15,000) (15,000) (15,000) Total Operating Community Support (9,216) (19,101) (14,273) (13,663) (22,896) (22,939) (23,000) % (18,839) (19,300) (19,300) (19,300) (19,300) Public Works Support to 3rd parties on City Property Senior Citizens Hall (1,023) (515) (1,207) (1,187) (3,495) (1,841) (3,200) 1,359 58% (2,444) (3,200) (3,200) (3,200) (3,200) Tennis Club (1,504) (1,190) (2,689) (724) (624) (1,400) (1,000) (400) 140% (1,000) (1,000) (1,000) (1,000) (1,000) Rossland Museum Society (17,166) (26,766) (20,681) (24,779) (20,682) (24,632) (18,500) (6,132) 133% (21,860) (21,330) (21,330) (21,330) (21,330) Rossland Public Library 0 (3,438) (723) (1,947) (6,246) (3,764) (3,500) (264) 108% (3,617) (3,500) (3,500) (3,500) (3,500) Lions Camp Ground (27) (820) (2,030) (757) (881) (684) (1,700) 1,016 40% (803) (1,700) (1,700) (1,700) (1,700) Curling Rink Locker Area & Carpet % (7,500) Total Public Works Support to 3rd parties on City Property (19,720) (32,731) (27,329) (29,395) (31,927) (32,321) (27,900) (4,421) 116% (37,225) (30,730) (30,730) (30,730) (30,730) 8 of 30 Prepared by Lois Hunter 10/04/2015 Page 1

9 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Garbage Sales and Expenses Garbage Sales 76,450 94, , , , , ,278 2, % 111, , , , ,350 Garbage Sales - Late Penalty Charges 1,152 1,229 1, ,143 1,576 1, % 2,208 1,503 1,503 1,503 1,503 Garbage Collection & Disposal (71,048) (78,087) (78,185) (77,474) (90,325) (91,594) (90,913) (681) 101% (86,788) (86,550) (86,350) (86,150) (85,950) Clean Up Programs (12,477) (29,645) (39,145) (41,518) (39,306) (26,132) (23,365) (2,767) 112% (24,562) (24,800) (25,000) (25,200) (25,400) Total Garbage Sales and Expenses (5,922) (12,078) 2,400 (2,527) (6,327) 352 1,154 (802) 31% 2,208 1,503 1,503 1,503 1,503 Public Works Operations Expenses Public Works Administration (178,266) (183,743) (229,820) (233,855) (288,529) (279,005) (269,100) (9,905) 104% (290,696) (293,400) (299,400) (305,500) (311,700) Workshop & Garage (100,724) (106,048) (112,856) (118,389) (109,359) (108,334) (120,700) 12,366 90% (113,582) (114,600) (115,900) (117,200) (118,500) Repairs - Chains & Edges (38,138) (25,632) (36,608) (37,709) (34,099) (38,508) (38,050) (458) 101% (37,324) (40,200) (40,600) (41,000) (41,400) Summer Road Maintenance (48,481) (67,044) (69,032) (88,125) (66,496) (83,675) (76,000) (7,675) 110% (81,259) (82,100) (83,000) (83,900) (84,800) Sidewalk & Step Maintenance (26,213) (22,724) (27,121) (38,368) (39,056) (36,242) (45,300) 9,058 80% (39,990) (36,200) (40,360) (36,600) (40,760) Storm Sewers, Catch Basins & Drainage (65,699) (48,039) (55,132) (77,430) (64,712) (84,187) (68,600) (15,587) 123% (86,208) (87,200) (88,400) (89,700) (91,000) Street Cleaning & Flushing (43,555) (44,732) (41,799) (39,447) (58,443) (55,906) (58,450) 2,544 96% (57,289) (57,900) (58,700) (59,500) (60,300) Dust Control (10,380) (13,573) (13,997) (10,169) (14,029) (16,831) (17,201) % (15,758) (15,700) (15,800) (15,900) (16,000) Boulevards (39,972) (34,992) (46,394) (49,606) (63,832) (52,353) (60,950) 8,597 86% (55,416) (55,900) (56,400) (56,900) (57,400) Winter Road Maintenance (338,276) (283,705) (457,557) (515,384) (364,078) (460,011) (477,650) 17,639 96% (418,855) (423,850) (429,250) (434,650) (440,150) Traffic Services (78,381) (91,742) (93,928) (96,967) (98,244) (141,563) (116,100) (25,463) 122% (130,381) (131,400) (132,500) (133,600) (134,700) Electric Vehicle Charging Station (172) (1,331) (300) (1,031) 444% (895) (800) (800) (800) (800) Total Public Works Operations Expenses (968,086) (921,972) (1,184,244) (1,305,450) (1,201,050) (1,357,946) (1,348,401) (9,545) 101% (1,327,653) (1,339,250) (1,361,110) (1,375,250) (1,397,510) Third Party Work Third Party Revenue 62, ,528 37,075 35,321 38,510 25,611 19,108 6, % 14,427 14,350 14,350 14,350 14,350 Third Party Expenses (29,592) (63,480) (14,648) (6,513) (17,718) (25,414) (7,400) (18,014) 343% (13,977) (13,900) (13,900) (13,900) (13,900) Total Third Party Work 33,108 43,048 22,427 28,808 20, ,708 (11,511) 2% Protective Services Business Licenses 38,859 38,251 35,757 32,440 32,746 34,361 32,522 1, % 34,300 34,500 34,700 34,900 35,100 Miscellaneous Licenses 1,084 1, % Dog, Parking & Misc. Fines 11,880 10,636 9,615 9,195 7,415 7,095 7,490 (395) 95% 7,200 7,200 7,200 7,200 7,200 Building Permits 51,719 70,908 58,982 49,034 57, ,656 62,442 44, % 136,500 57,000 57,500 58,000 58,500 Devlopment Permits & Applications 12,425 13,025 8,700 10,672 9,800 12,485 9,444 3, % 9,200 9,200 9,200 9,200 9,200 Bylaw Enforcement (19,296) (19,960) (23,254) (27,479) (27,695) (26,133) (29,300) 3,167 89% (12,616) (12,700) (12,900) (13,100) (13,300) Animal Control (6,645) (11,642) (18,015) (13,350) (16,842) (15,129) (17,200) 2,071 88% (8,058) (8,024) (8,088) (8,153) (8,218) Building Inspection (96,738) (106,675) (118,918) (96,493) (109,117) (110,837) (111,600) % (133,435) (132,900) (135,300) (137,700) (140,200) Emergency Services Program (32,610) (11,641) (27,897) (7,819) (9,010) (7,891) (8,900) 1,009 89% (24,238) (24,723) (25,218) (25,722) (26,236) Total Protective Services (39,322) (16,060) (74,137) (42,881) (54,691) 1,525 (54,193) 55,718 (3%) 9,762 (69,547) (72,005) (74,475) (77,055) Planning General Town Planning (9,479) (7,562) (4,057) (5,460) (5,302) (2,059) (11,500) 9,441 18% (5,300) (5,300) (5,300) (5,300) (5,300) Planning Administration (183,350) (162,022) (165,947) (173,411) (227,085) (83,877) (81,800) (2,077) 103% (79,400) (80,800) (82,300) (83,800) (85,300) Plans, Studies & Bylaws (54,329) (7,000) (7,484) (10,000) (9,900) (4,275) (12,000) 7,725 36% (20,000) Total Planning (247,157) (176,583) (177,487) (188,871) (242,287) (90,211) (105,300) 15,089 86% (104,700) (86,100) (87,600) (89,100) (90,600) Engineering Engineering (134,576) (189,729) (32,002) (2,755) (35,623) (15,966) (40,000) 24,034 40% (64,034) (40,400) (40,800) (41,200) (41,600) Total Engineering (134,576) (189,729) (32,002) (2,755) (35,623) (15,966) (40,000) 24,034 40% (64,034) (40,400) (40,800) (41,200) (41,600) CARIP Initiatives CARIP Grants Received 6,280 5,951 7,877 9,916 9,789 11,505 8,901 2, % 0 9,000 9,090 9,181 9,273 CARIP Initiatives (4,599) % 0 (9,000) (9,090) (9,181) (9,273) Total CARIP Initiatives 6,280 5,951 7,877 9,916 5,190 11,505 8,901 2, % of 30 Prepared by Lois Hunter 10/04/2015 Page 2

10 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Strategic Wildfire Preventative Initiative & Joint Emergency Preparedness Program UBCM - Community Wildfire Protection 14, , , ,636 23, ,538 0% 99, Joint Emergency Preparedness Program 0 0 1, , % SWP Expenses (280) (1,119) (31,879) (158,049) (161,696) (28,282) 0 (28,282) 0% (123,110) Total SWPI & JEPP 14,708 (1,119) (12,602) (54,283) (27,687) (4,743) 0 (4,743) 0% (23,111) Cemetery Maintenance & Special Projects RDKB Cemetery Grant 3,000 13,000 13,000 13,000 15,000 13,800 13, % 3,800 3,800 3,800 3,800 3,800 Cemetery Maintenance & Special Projects (5,341) (19,527) (8,086) (11,031) (13,161) (5,820) (13,800) 7,980 42% (11,780) (3,800) (3,800) (3,800) (3,800) Total Cemetery Maintenance & Special Projects (2,341) (6,527) 4,914 1,969 1,839 7, ,980 0% (7,980) Swimming Pool Pool Revenue 28,552 35,722 37,433 33,309 41,600 34,378 36,340 (1,962) 95% 33,602 33,900 34,200 34,500 34,800 Pool Operating Grant (26,000) (26,000) (26,000) (26,000) % Pool Operating Support/Expenditure (37,233) (48,335) (57,199) (34,909) (93,891) (90,792) (86,759) (4,033) 105% (82,776) (83,900) (85,100) (86,300) (87,600) Total Swimming Pool - Society & CoR (34,681) (38,613) (45,766) (27,600) (52,290) (56,414) (50,419) (5,995) 112% (49,174) (50,000) (50,900) (51,800) (52,800) Recreation Administration, Events & Programming Recreation Administration (108,347) (90,815) (104,952) (119,556) (132,686) (136,260) (132,411) (3,849) 103% (121,400) (123,600) (125,800) (128,100) (130,400) Recreation Events & Programming Revenue 91,963 60,937 62,911 49,461 49,645 58,914 44,642 14, % 55,000 55,500 56,000 56,500 57,000 Recreation Events & Programming Expenses (77,975) (59,668) (61,299) (65,322) (46,651) (49,341) (56,640) 7,299 87% (55,223) (55,500) (55,900) (56,300) (56,700) Miscellaneous Recreation Revenue 8,695 3,914 4,291 2,670 1, ,727 (2,489) 9% Total Recreation Administration, Events & Programming (85,663) (85,632) (99,049) (132,747) (128,279) (126,449) (141,682) 15,233 89% (121,623) (123,600) (125,700) (127,900) (130,100) Recreation Centre Recreation Centre Revenue 81,089 88,282 80,859 99,999 77,967 92,563 94,435 (1,872) 98% 83,501 83,800 84,400 85,000 85,600 Recreation Centre Expenses (197,511) (234,664) (241,056) (236,012) (242,320) (252,959) (243,300) (9,659) 104% (259,475) (263,100) (266,700) (270,400) (274,100) Recreation Centre Electrical (17,201) % Total Recreation Centre (116,422) (146,382) (160,197) (136,013) (181,554) (160,397) (148,865) (11,532) 108% (175,974) (179,300) (182,300) (185,400) (188,500) Recreation Concession Concession Revenues 16,803 17,099 15,957 15,833 10,012 8,817 15,958 (7,141) 55% 10,012 10,100 10,200 10,300 10,400 Concession Expenditure (18,777) (17,793) (14,488) (15,308) (10,645) (11,542) (15,000) 3,458 77% (11,012) (11,100) (11,200) (11,300) (11,400) Total Recreation Concession (1,975) (695) 1, (633) (2,725) 958 (3,683) (284%) (1,000) (1,000) (1,000) (1,000) (1,000) Recreation Centre - Curling Club Curling Club Contract 16,550 17,000 17,150 17,750 18,337 18,840 18, % 19,217 19,601 19,993 20,393 20,801 Rossland Curling Club (21,559) (27,695) (26,812) (26,100) (22,572) (30,203) (26,800) (3,403) 113% (30,399) (30,600) (30,900) (31,200) (31,500) Total Recreation Centre - Curling Club (5,009) (10,695) (9,662) (8,350) (4,235) (11,363) (8,600) (2,763) 132% (11,183) (11,000) (10,908) (10,808) (10,700) 10 of 30 Prepared by Lois Hunter 10/04/2015 Page 3

11 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Rotary Health Centre Rotary Building Rent 255 2,640 3,120 1, % Rotary Building Expenses (3,760) (4,482) (6,790) (3,341) (9,002) (3,716) (6,050) 2,334 61% (4,186) (4,000) (4,000) (4,000) (4,000) Total Rotary Health Centre (3,505) (1,842) (3,670) (1,521) (8,038) (3,716) (6,050) 2,334 61% (4,186) (4,000) (4,000) (4,000) (4,000) Miners' Union Hall Miners' Hall Rentals 7,134 10,255 12,177 8,628 6,578 10,784 7,872 2, % 6,578 6,600 6,600 6,600 6,600 Miners' Hall - In House Programming % Miners' Union Hall (35,614) (38,063) (39,186) (31,050) (38,014) (39,918) (42,750) 2,832 93% (45,933) (42,500) (42,700) (42,900) (43,200) Total Miners' Union Hall (28,480) (27,809) (27,010) (22,422) (31,436) (29,134) (34,878) 5,744 84% (39,355) (35,900) (36,100) (36,300) (36,600) General Property Maintenance Rental Charges 5,791 8,953 6,288 9,750 9,481 11,499 9,780 1, % 11,050 11,050 11,050 11,050 11,050 General Property Maintenance (3,864) (2,756) (1,488) (3,008) (1,153) (602) (800) % (800) (800) (800) (800) (800) Total General Property Maintenance 1,927 6,197 4,800 6,742 8,327 10,898 8,980 1, % 10,250 10,250 10,250 10,250 10,250 MacLean School Annex MacLean School Annex (1,678) (4,428) (3,137) (308) % Total MacLean School Annex (1,678) (4,428) (3,137) (308) % General Park Maintenance Parks / Fields Booking Fees 4,783 4,359 4,124 3,923 4,191 4,500 3, % 4,191 4,200 4,200 4,200 4,200 General Park Maintenance (57,813) (73,217) (65,874) (101,312) (95,031) (101,069) (93,950) (7,119) 108% (103,895) (105,200) (106,600) (108,100) (109,600) Total General Park Maintenance (53,030) (68,858) (61,750) (97,389) (90,841) (96,569) (90,011) (6,558) 107% (99,705) (101,000) (102,400) (103,900) (105,400) Downtown Amenities/Beautification Downtown Amenities/Beautification (39,418) (46,241) (40,889) (36,957) (34,368) (40,116) (33,900) (6,216) 118% (41,111) (41,500) (42,000) (42,500) (43,000) Total Downtown Amenities/Beautification (39,418) (46,241) (40,889) (36,957) (34,368) (40,116) (33,900) (6,216) 118% (41,111) (41,500) (42,000) (42,500) (43,000) Recreation Trails Recreation Trails (7,840) (6,941) (12,019) (12,338) (14,682) (10,055) (14,900) 4,845 67% (10,015) (9,900) (9,900) (9,900) (9,900) Total Recreation Trails (7,840) (6,941) (12,019) (12,338) (14,682) (10,055) (14,900) 4,845 67% (10,015) (9,900) (9,900) (9,900) (9,900) Outdoor Skating Rink Outdoor Skating Rink (4,682) (5,201) (4,086) (4,012) (8,465) (8,712) (5,700) (3,012) 153% (8,538) (8,600) (8,700) (8,800) (8,900) Total Outdoor Skating Rink (4,682) (5,201) (4,086) (4,012) (8,465) (8,712) (5,700) (3,012) 153% (8,538) (8,600) (8,700) (8,800) (8,900) Memorial Benches Donations - Memorial Benches 5, , % Memorial Benches (8,405) (1,119) (2,558) (2,287) (1,337) (1,213) (1,600) % (1,623) (1,400) (1,400) (1,400) (1,400) Total Memorial Benches (3,145) (1,119) (950) (2,144) (1,337) (713) (1,499) % (1,623) (1,400) (1,400) (1,400) (1,400) 11 of 30 Prepared by Lois Hunter 10/04/2015 Page 4

12 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Broadband Broadband Income % Broadband - Phone Charges % 0 (9,180) (18,360) (18,360) (18,360) Total Broadband #DIV/0! 0 (8,883) (17,766) (17,766) (17,766) Hotel Tax Hotel Tax Income 41,859 50,454 48, % Hotel Tax Expenditure (47,836) (47,018) (51,770) % (0) (0) (0) (0) (0) Total Hotel Tax (5,977) 3,437 (3,437) % (0) (0) (0) (0) (0) Resort Municipality Initiative Projects Resort Municipality Initiatives Income 21,108 21,290 25,228 24,168 28,362 82,557 82, % 55,000 55, Resort Municipality Initiatives Expenditure (18,280) (13,948) (4,055) (23,520) (38,203) (80,235) (82,557) 2,322 97% (55,000) (55,000) Total Resort Municipality Initiatives 2,829 7,342 21, (9,841) 2, ,322 0% Miscellaneous Revenue Miscellaneous Revenue 19,412 6,460 10,320 2,573 2,622 9,948 2,323 7, % 2,947 2,975 3,003 3,031 3,060 Total Miscellaneous Revenue 19,412 6,460 10,320 2,573 2,622 9,948 2,323 7, % 2,947 2,975 3,003 3,031 3,060 Financing Services Interest Received 19,037 7,517 4,397 4,662 5,744 3,811 4,225 (414) 90% 4,300 4,300 4,300 4,300 4,300 Interest & Bank Charges (9,032) (7,553) (10,251) (11,628) (16,057) (30,495) (17,800) (12,695) 171% (10,800) (10,800) (10,800) (10,800) (10,800) Total Financing Services 10,005 (36) (5,854) (6,965) (10,313) (26,684) (13,575) (13,109) 197% (6,500) (6,500) (6,500) (6,500) (6,500) Collection for Other Organisations RCAC - Chair Rental Policy % Heritage Books , ,105 0% Total Collection for Other Organisations , ,105 0% Miscellaneous Items Debt Proceeds % Internal Administration Recharges 119, , , , , , , % 125, , , , ,900 Total Miscellaneous Items 119, , , , , , , % 125, , , , ,900 Other Operating Grants Other Operating Grants 0 1,712 2, % Total Other Operating Grants 0 1,712 2, % Other Special Projects Other Special Projects 48,246 (74,471) (127,711) (42,189) (75,683) (65,991) (128,500) 62,509 51% (133,184) (82,500) (10,000) (10,000) (4,000) Total Other Special Projects 48,246 (74,471) (127,711) (42,189) (75,683) (65,991) (128,500) 62,509 51% (133,184) (82,500) (10,000) (10,000) (4,000) Collections for Other Governments Collections for Other Governments 3,097,947 3,238,213 3,256,196 3,294,724 3,330,954 3,174, ,174,463 0% 3,205,851 3,237,910 3,270,290 3,302,992 3,336,022 Collections for Other Governments (3,094,493) (3,238,213) (3,256,196) (3,294,895) (3,330,954) (3,174,463) 0 (3,174,463) 0% (3,205,851) (3,237,910) (3,270,290) (3,302,992) (3,336,022) Total Collections for Other Governments 3, (172) % GENERAL OPERATING SURPLUS / (DEFICIT) 1,628, ,602 1,001,779 1,091, , , , , % 537, , , ,890 1,056, of 30 Prepared by Lois Hunter 10/04/2015 Page 5

13 2015 Draft - General Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Transfers between Reserves Old Reserve Accounts Transfer to General Operating Reserve % Transfer from General Operating Reserve % New Reserve Accounts To Financial Stabilization % (31,308) (31,307) (31,307) (31,307) (31,307) To Insurance Reserve Fund % (2,000) (2,000) (2,000) (2,000) (2,000) To Legal Reserve Fund % (8,500) (8,500) (8,500) (8,500) (8,500) To Forest Fire Prevention Reserve Fund % To Snow Removal Reserve Fund % (5,000) (5,000) (5,000) (5,000) (5,000) To General Operating Reserve % (20,000) 0 (20,000) (20,000) (20,000) From Financial Stabilization % From Insurance Reserve Fund % From Legal Reserve Fund % From Forest Fire Prevention Reserve Fund % 12, From Snow Removal Reserve Fund % From General Operating Reserve % 0 133, From Community Works Gas Tax Reserve % From General Operating Surplus % To Cemetery Perpetual Care Reserve % To Development Cost Charges % To Land Sale Reserve % To Parkland Acquisition Reserve % To Off Street Parking reserve % From Cemetery Perpetual Care Reserve % 0 7, From Development Cost Charges % From Land Sale Reserve % From Parkland Acquisition Reserve % From Off Street Parking reserve % Total Transfer between Reserves (54,808) 94,357 (66,807) (66,807) (66,807) Transfer to General Capital Fund 1,628, ,602 1,001,779 1,091, , , , , , , ,437 Transfer from General Capital Fund 716, of 30 Prepared by Lois Hunter 10/04/2015 Page 6

14 2015 Draft - General Capital April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Non Operating Revenue - Capital Grants Received Gas Tax Fund 78, , ,728 21, % Grants for Capital Expenditure 29, , , % Total Taxation Revenue 108, , ,728 21,716 16, % Other Revenue Interest on Rossland Senior Housing Loan , ,940 0% 5,940 5,940 5,940 5,940 5,940 Borrowing Proceeds % Actuarial Investment Income % 0 2,853 7,372 12,070 16,958 Development Cost Charges % Sale of Property 12,231 40,989 7,400 4,848 3, % Sale of Fixed Assets 0 21, , % Other Sources 64, , % Total Other Revenue 76,296 62,863 14,270 4,848 38,472 5, ,940 0% 5,940 8,793 13,312 18,010 22,898 Total Operating Revenue - Capital 184, , ,998 26,564 54,472 5, ,940 0% 5,940 8,793 13,312 18,010 22,898 Vehicle Cost and Internal Recharges Internal Vehicle Recharges 372, , , , , , , , % 517, , , , ,000 Pickups (55,330) (57,615) (48,429) (52,132) (59,864) (53,019) (57,650) 4,631 92% (54,016) (58,200) (58,800) (59,400) (60,000) Heavy Trucks (80,373) (77,696) (98,890) (125,731) (87,064) (100,381) (119,500) 19,119 84% (115,428) (123,300) (124,700) (126,100) (127,500) Heavy Equipment (129,546) (148,771) (178,180) (162,503) (142,259) (179,366) (157,700) (21,666) 114% (155,686) (168,200) (170,000) (171,800) (173,600) Auxiliary Equipment (15,939) (8,024) (17,120) (12,113) (19,328) (8,554) (17,000) 8,446 50% (15,534) (16,000) (16,000) (16,000) (16,000) Debt Servicing - Interest (12,135) (10,113) (5,588) (4,285) (3,222) (3,457) (4,972) 1,515 70% (1,737) (993) (577) (160) 0 Debt Servicing - Principal (46,128) (77,279) (62,908) (65,364) (72,768) (97,228) (88,660) (8,568) 110% (69,560) (22,932) (22,931) (18,949) 0 Capital Expenditure (9,460) (20,289) (27,941) 0 (195,574) (207,109) (207,805) % (190,000) (155,000) (63,000) (97,000) (162,000) Total Vehicle Cost and Internal Recharges 23,422 (51,409) 101, ,370 (112,819) (76,766) (186,028) 109,262 41% (84,741) (24,625) 67,992 38,591 (7,100) Non Operating Expenses - Capital Fiscal Services Debt Servicing - Interest (16,753) (3,703) (1,572) (1,304) (1,031) (84,503) (103,621) 19,118 82% (132,000) (196,614) (196,614) (196,614) (196,614) Debt Servicing - Principal (103,680) (80,834) (176,309) (12,001) (11,219) (45,792) (40,459) (5,333) 113% (71,320) (112,964) (117,483) (122,182) (127,070) Debt Proceeds 0 150, ,042, % 0 2,175, Total Fiscal Services Expenses (120,433) 65,464 (177,880) (13,305) 4,030,267 (130,295) (144,080) 13,785 90% (203,320) 1,865,972 (314,097) (318,796) (323,684) Capital Expenditure (194,874) (1,508,144) (697,551) (4,255,027) (394,252) (345,620) (435,900) 90,280 79% (169,581) (3,568,066) (719,205) (543,553) (737,697) Total Operating Expenses - Capital (291,885) (1,494,089) (773,788) (4,139,962) 3,523,196 (552,681) (766,008) 213,327 72% (457,642) (1,726,720) (965,310) (823,757) (1,068,481) GENERAL CAPITAL SURPLUS / (DEFICIT) (107,520) (558,252) (480,790) (4,113,397) 3,577,668 (546,741) (766,008) 219,267 71% (451,702) (1,717,927) (951,998) (805,747) (1,045,582) 14 of 30 Prepared by Lois Hunter 10/04/2015 Page 7

15 2015 Draft - General Capital April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Transfers between Reserves Old Reserve Accounts Transfer to Other Funds (1,569,143) (743,659) (1,027,502) (398,746) 0 (355,699) (355,699) 0 100% Transfer from Other Funds 82, , , , , , ,345 (255,345) 37% 103, New Reserve Accounts To Vehicle and Equipment Reserve Fund 0 0% 0 0 (66,992) (37,591) 0 To General Capital Reserve 0 0% (115,000) (282,980) (46,599) (191,745) (194,955) To General Debt Retirement Reserve 0 0% (38,000) (38,000) (38,000) (38,000) (38,000) To Staff Retirement Reserve 0 0% (2,000) (2,000) (2,000) (2,000) (2,000) To Major Capital Reserve 0 0% (62,221) (55,000) (55,000) (55,000) (55,000) To Information Sysytem Reserve 0 0% (2,000) (2,000) (2,000) (2,000) (2,000) From Vehicle and Equipment Reserve Fund 0 0% 85,425 25, ,100 From General Capital Reserve 0 0% 0 1,185, , , ,000 From General Debt Retirement Reserve 0 0% From Staff Retirement Reserve 0 0% From Major Capital Reserve 0 0% From Information Sysytem Reserve 0 0% Transfer from General Operating Transfer to General Operating Fund ,362 (716,362) 0% Transfer from General Operating Fund 1,628, ,602 1,001,779 1,091, , , ,079 0% 482, , , , ,437 Total Transfer between Reserves 142, , , , , , ,008 (37,628) (5%) 451,702 1,717, , ,747 1,045,582 FUNDS FOR CAPITAL EXPENDITURE 34,809 12,028 20,168 (3,306,663) 4,368, , (0) (0) (0) (0) Capital Funding Envelope Performance Indicator Revenue Property Tax 3,516,729 3,517,121 3,539,927 3,547,426 3,577,596 3,863,990 3,863,771 3,990,037 4,103,038 4,218,299 4,335,865 4,455,782 Small Community Protection Grant 804, , , , , , , , , , , ,000 Capital Expenditure Grants 29, , , Total Revenue 4,350,577 4,412,562 4,150,970 4,178,829 3,888,699 4,157,255 4,158,874 4,445,037 4,558,038 4,673,299 4,790,865 4,910,782 Capital Expenditure and Reserves Capital Expenditure 194,874 1,508, ,551 4,255, , , , ,581 3,568, , , ,697 Equipment Replacement 9,460 20,289 27, , , , , ,000 63,000 97, ,000 Reserves 1,486, , , ,674 (267,574) 205,699 (49,646) 12,000 (1,185,266) Total Expenditure 1,690,977 1,698,755 1,226,312 4,539, , , , ,581 2,537, , , ,697 Capital Funding Envelope 39% 38% 30% 109% 8% 18% 14% 8% 56% 17% 13% 18% Average 60% 15 of 30 Prepared by Lois Hunter 10/04/2015 Page 8

16 General Reserves Minimum Level 325,000 10,000 45, ,000 Optimum Level 651,000 20,000 90, ,000 General Operating Reserve Financial Stabilization OPERATING Insurance Reserve Fund Legal Reserve Fund Forest Fire Prevention Reserve Fund Snow Removal Reserve Fund Estimated Closing Balance , ,464 15,000 60,000 12, ,000 Opening Balance , ,464 15,000 60,000 12, ,000 Contribution 20,000 31,308 2,000 8, ,000 Withdrawal (12,000) 0 Closing Balance , ,772 17,000 68, , Contribution 0 31,307 2,000 8, ,000 Withdrawal (133,184) Closing Balance 149, ,079 19,000 77, , Contribution 20,000 31,307 2,000 8, ,000 Withdrawal Closing Balance 169, ,386 21,000 85, , Contribution 20,000 31,307 2,000 8, ,000 Withdrawal Closing Balance 189, ,693 23,000 94, , Contribution 20,000 31,307 2,000 8, ,000 Withdrawal Closing Balance 209, ,000 25, , ,000 Prepared by Lois Hunter 10/04/ of 30 Page 9

17 General Reserves Minimum Level Optimum Level 150, ,000 20,000 2,250, ,000 Major Capital Reserve General Capital Reserve Vehicle and Equipment Reserve Fund CAPITAL General Debt Retirement Reserve Staff Retirement Reserve Information Sysytem Reserve Cemetery Perpetual Care Reserve Estimated Closing Balance Opening Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance ,774, , ,699 80,000 75,000 7, ,774, , ,699 80,000 75,000 7,980 62, ,000 (84,741) 38, , ,221 1,889, , ,699 80,000 77,000 7,980 55, , ,000 2,000 2, (1,185,266) (24,625) (7,980) 117, , , ,699 82,000 79,000 (0) 55,000 46,599 67,992 38,000 2,000 2, (300,000) , , , ,699 84,000 81,000 (0) 55, ,745 38,591 38,000 2,000 2, (200,000) , , , ,699 86,000 83,000 (0) 55, ,955 (7,100) 38,000 2,000 2, (340,000) , , , ,699 88,000 85,000 (0) Prepared by Lois Hunter 10/04/ of 30 Page 10

18 General Reserves Minimum Level Optimum Level 350, ,000 DEFERRED REVENUE DEVELOPMENT COST CHARGES STATUTORY Community Works Gas Tax Reserve DCC - Roads Land Sale Reserve Parkland Acquisition Reserve Off Street Parking reserve General Operating Surplus Estimated Closing Balance Opening Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance Contribution Withdrawal Closing Balance ,915 60,727 82, ,712 1,184, ,915 60,727 82, ,712 1,184, (103,000) 664,915 60,727 82, ,712 1,081, ,915 60,727 82, ,712 1,081, ,915 60,727 82, ,712 1,081, ,915 60,727 82, ,712 1,081, ,915 60,727 82, ,712 1,081,750 Prepared by Lois Hunter 10/04/ of 30 Page 11

19 2015 Draft - Water Operating April 10, 2014 Qtr 4 YTD Amended Qtr 4 YTD YTD Qtr 4 Variance to Variance to $ % Operating Revenue Sale of Service 601, , , , , , ,858 (11,135) 98% 529, , , , ,425 Increase in Sale of Service #DIV/0! 12,866 53,601 58,961 64,857 71,342 Penalties 7,227 5,506 6, ,777 7,905 6,000 1, % 6,000 6,120 6,242 6,367 6,495 Fire Hydrant Rentals 12,048 12,048 12,205 12,449 12,626 17,227 12,626 4, % 17,227 17,227 17,227 17,227 17,227 Miscellaneous Revenues 31,146 35,136 46, % Total Operating Revenue 652, , , , , , ,484 (4,629) 99% 565, , , , ,489 Operating Expenses Administration & Overhead Allocation (76,280) (82,200) (116,156) (86,902) (83,752) (83,169) (117,600) 34,431 71% (95,810) (95,810) (95,810) (95,810) (95,810) Water Treatment Plant Maintenance (118,290) (135,928) (151,674) (146,744) (178,653) (138,459) (145,300) 6,841 95% (152,908) (154,600) (156,400) (158,300) (160,200) Reservoir & Watershed Maintenance (25,661) (30,397) (17,440) (12,346) (26,695) (22,267) (22,300) % (21,190) (21,350) (21,550) (21,750) (21,950) Distribution Maintenance (101,362) (116,973) (97,621) (114,714) (126,985) (111,653) (116,900) 5,247 96% (110,524) (111,800) (113,300) (114,800) (116,300) Service Connection & Other Maintenance (78,546) (98,710) (109,801) (119,556) (148,280) (159,018) (134,384) (24,634) 118% (144,826) (146,300) (148,100) (149,900) (151,700) Total Operating Expenses (400,140) (464,208) (492,691) (480,261) (564,364) (514,566) (536,484) 21,918 96% (525,258) (529,860) (535,160) (540,560) (545,960) Special Projects (24,752) (34,828) (34,320) (126,737) (71,775) (76,508) (150,000) 73,492 51% (150,000) (71,000) (46,000) (25,000) (25,000) Total Operating Expenses inc Special Projects (424,891) (499,036) (527,011) (606,998) (636,140) (591,074) (686,484) 95,410 86% (675,258) (600,860) (581,160) (565,560) (570,960) WATER OPERATING SURPLUS / (DEFICIT) 227, , ,828 (26,404) (71,111) (44,219) (135,000) 90,781 33% (109,511) 18,608 88, , ,529 Transfers between Reserves Old Reserve Accounts Transfer to Water Operating Reserve (80,000) (5,000) (5,000) (5,000) #DIV/0! Transfer from Water Operating Reserve % Total Transfer between Reserves (80,000) (5,000) (5,000) (5,000) #DIV/0! Transfer to Water Capital Fund 147, , ,828 (31,404) (109,511) 18,608 88, , ,529 Transfer from Water Capital Fund (71,111) (44,219) (135,000) 19 of 30 Prepared by Lois Hunter 10/04/2015 Page 1