DATE: December 3, 2014 REPORT NO. SSHD-MNP Maryellen MacLellan, Municipal Housing Manager Housing Services

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1 DATE: December 3, 2014 REPORT NO. SSHD-MNP TO: FROM: Chair and Members Brantford Municipal Non-Profit Housing Corporation Jo Atanas, General Manager Public Health, Safety & Social Services Maryellen MacLellan, Municipal Housing Manager Housing Services 1.0 TYPE OF REPORT CONSENT TEM [ ] TEM FOR COUNCL CONSDERATON [ X ] 2.0 TOPC 2015 Municipal Non-Profit Housing Corporation Operating Budget [Financial mpact None] SSHD-MNP RECOMMENDATON THAT the 2015 Brantford Municipal Non-Profit Housing Corporation Operating Budget attached to Report SSHD-MNP BE APPROVED. 4.0 PURPOSE To obtain approval of the 2015 Municipal Non-Profit Corporation Operating Budget. Public Health, Safety and Social Services - Housing 220 Colborne Street, P.O. Box 845 Brantford, ON N3T 5R Phone: Fax:

2 Report No. SSHD-MNP Date: December 3, 2014 Page BACKGROUND All Non-Profit Housing Providers, including the Brantford Municipal Non-Profit Housing Corporation, are required to prepare an annual budget, which reflects requirements of the Housing Services Act (Appendix A & B ). Two different funding models are referenced in the budget preparation. Branlyn has Provincial funding and the budget is based on a benchmark funding formula established by the Ministry of Municipal Affairs and Housing in April, The Beckett Building is within a Federal funding model and costs are indexed annually. The Brantford Municipal Non-Profit Housing Corporation Board is required to approve the annual budget. 6.0 CORPORATE POLCY CONTEXT High Quality of Life & Caring For all Citizens Brantford will be recognized as a safe and healthy community one that promotes and enables the well-being of its citizens, and supports access of all citizens to a full range of health and community services. Examine the feasibility of proceeding with initiatives to enhance accessible community health and wellness. Excellence in Governance & Municipal Management Brantford will be recognized as a fiscally responsible and wellmanaged city that provides efficient and effective government services..0 NPUT FROM OTHER SOURCES Ministry of Municipal Affairs and Housing Bench Mark Formula City of Brantford Service Manager Subsidy Allocation City of Brantford Finance Department 8.0 ANALYSS A comprehensive review of actual spending and variances for 2012, 2013 and 2014 year end projections was conducted in preparing the 2015 proposed budget, while taking into account indexed expenditures and revenues. Contracted Services including items such as fire monitoring and equipment services were also verified.

3 Report No. SSHD-MNP Date: December 3, 2014 Page FNANCAL MPLCATONS There will be sufficient funding to meet the 2015 budgeted day-to-day operating expenses CONCLUSON The Brantford Municipal Non-Profit Housing Corporation will be able to meet its financial obligations with the proposed 2015 operating budget. Maryellen MacLellan, Manager, Municipal Housing Housing Services Jo Cupoli-Atanas, General Manager Public Health, Safety & Social Services Attachment: Appendix A MNP Operating Budget Beckett Appendix B MNP Operating Budget Branlyn Copy to: N/A n adopting this report, is a by-law or agreement required? f so, it should be referenced in the recommendation section. By-law required [ ] yes [ x ] no Agreement(s) or other documents to be signed by Mayor and/or City Clerk [ ] yes [ x ] no s the necessary by-law or agreement being sent concurrently to Council? [ ] yes [ x ] no

4 CTY OF BRANTFORD Operating Budget Line by Line by BU Run at: 11/10/201411:22:34 AM Business Unit(810100:BECKETT BULDNG N.P. HOUSNG) LOD() ZS.SD&hi_ii FEDERAL GRANTS ($64,6.00) ($86,36) PROV GRANTS - COND ($49, ) ($65,41) RENTALS (S320,140.00) ($385,865) CON LAUNDRY COMMSSON ($3,699.64) ($5,500) RECOVERES (S46.50) so SALE OF HYDRO ($ ) (S8,000) (S86,36) so 0.00% (S9,95) (S14,324) 21.88% ($388,22) (S2,40) 0.62% (S5,500) 0.00% 0.00% ($10,000) (S2,000) 25.00% REVENUES ($445,14.13) ($551,203) ($569,934) ($18,31) 3.40% EXPENSES FULL-TME REG EARNNGS $,91.5 $15,636 $12,81 ($2,65) -1.68% PART-TME REG EARNNGS $16, $,453 $,68 $ % OVERTME EARNNGS S % EMPLOYEE BENEFTS $4, $4,613 $,531 S2, % DEBT PRNCPAL S148,85.49 S148,869 S152, S3, % DEBT NTEREST S22, $22,248 $18,340 (S3,908) -1.5% GENERAL SUPPLES $1, S1,500 $2,000 $ % MEALS.00 S100 S % EQUPMENT $501.9 S1,000 $1, % PROPERTY TAXES $85,206.9 $,88 S86,698 $8, % ELECTRCTY $46,28.38 $63,000 $65,00 $2, % WATER $2, $5,00 $4,000 (S1, 00) % SEWER $1, $4,400 $3,400 ($1,000) -22.3% NATURAL GAS $14, $20,000 $20, % TELEPHONE-LANOLNE $1,43.89 $2,400 $2,100 ($300) % APPLCATON FEES $10.00 $10 $10 so 0.00% NSURANCE PREMUMS $, $10,000 $10,000 so 0.00% REGSTRATON FEES so.oo S00 $00 so 0.00% STAFF TRANNG & DEVMT HSTORY.00 so so 0.00% CORP MBRSHPS & SUBSCRPTONS $ S980 $990 $ % CONTRACTOR REPARS & MANTENCE $ S350 $800 S % BULDNG R&M $3, $8,112 $93,899 $15, % SOLAR PANEL R&M $ S500 S % EQUPMENT ;R&M $10, $31,150 $20,000 (S11,150) -35.9% 6260 LANDSCAPNG $1, S250 $ % 6266 JANTORAL SERVCES S10, $13,000 $14,500 S % PROFESSONAL SERVCES.00 S3,600 $3, % CONTRACTED SERVCES-HSTORY so.oo so 0.00% 6410 RENTAL- EQUPMENT S5.38 S120 $ % BAD DEBT EXPENSE so.oo S600 S600 so 0.00% 6550 TRANSFER TO RESERVE FUND SO.OO $38,485 S39,520 $1, % EXPENSES $458,96.34 $551,203 $569,934 $18, % page 1 of BECKE'Jm,BUfDNGJN!P!JHOUSNG $;13,253:21r-- sor.::::::::::-- so=:= r:.. : o:oo%j S13, so so so 0.00%

5 CTY OF BRANTFORD Operating Budget Line by Line by BU Run at: 11/10/201411:18:1 AM Business Unlt(810101:BRANLYN N.P. HOUSNG} LOD(} REVENUES PROV GRANTS - COND RETURNED TEM FEE RENTALS RECOVERES ($112,313.00) ($40.00) ($1 03,493.00) ($8.6) ($149,53) ($110,000) ($150,428) ($112,000) ($65) 0.45% 0.00% 1.82% 0.00% REVENUES ($216,23.6) ($261,53) ($264,428) ($2,65) 1.02% EXPENSES FULL-TME REG EARNNGS $3,06.61 $5,031 $5,006 ($25) -0.50% EMPLOYEE BENEFTS $34.50 $1,94 $1,89 $85 4.4% DEBT PRNCPAL $66, $66,504 $69,442 $2, % DEBT NTEREST $53,3.9 $53,4 $50,836 ($2,938) -5.46% GENERAL SUPPLES $ $200 $ % CONSTRUCTON MATERAL&SUPPLES $ $500 $ % EQUPMENT $1, % PROPERTY TAXES $43, $42,463 $44,412 $1, % ELECTRCTY $1,236.2 $1,500 $1, % WATER $ $100 $ % SEWER $51.80 $50 $ % NATURAL GAS $ $600 $ % APPLCATON FEES $63.00 $00 $ % NSURANCE PREMUMS $2,40.92 $3,400 $3, % CORP MBRSHPS & SUBSCRPTONS $ $400 $ % CONTRACTOR REPARS & MANTENCE $20.69 $500 $ % BULDNG R&M $32, $26,99 $23,952 ($2,84) % EQUPMENT R&M $1 ' $5,100 $4,000 ($1 '100) -21.5% 6260 LANDSCAPNG $21, $20,000 $18, % 6262 SNOW REMOVAL $25, $15,000 $20,000 $5, % 6264 WASTE REMOVAL $1,815.6 so 0.00% PROFESSONAL SERVCES.00 $1,300 $1, % BAD DEBT EXPENSE.00 $3,000 $3, % 6550 TRANSFER TO RESERVE FUND.00 $14,238 $14,651 $ % EXPENSES $256, $261,53 $264,428 $2, % BRANLYN N!P. H0USNG. $40, % page 1 of 1