Report to: General Committee                                                          Report Date: April 2, 2007

 

 

SUBJECT:                          Satellite Community Centre Boards and Information Markham – Financial Results 2006

PREPARED BY:               Kishor Soneji, Financial Analyst

 

 

 

RECOMMENDATION:

That the report entitled “Satellite Community Centre Boards and Information Markham – Financial Results 2006” be received for information.

 

And that Staff be authorized and directed to do all things necessary to give effect to this resolution.

 

EXECUTIVE SUMMARY:

Not applicable

 

 

FINANCIAL CONSIDERATIONS:

Not applicable

 

1. Purpose                     2. Background                      3. Discussion                        4. Financial        

 

5. Others (Environmental, Accessibility, Engage 21st, Affected Units)             6. Attachment(s)

 

PURPOSE:

At the February 19, 2007 Budget Sub-Committee meeting, the issue of funding for Satellite Community Centres and Information Markham was discussed and staff agreed to present a report on the financial status of these Satellite Community Centres and Information Markham. The unaudited financial statements as of 2006 for the Satellite Community Centres and the financial report from Information Markham are enclosed.

 

BACKGROUND:

The Town of Markham currently owns five buildings, which are being operated as Community Centres by local community volunteer Boards. The facilities are available to the public for rentals such as weddings, banquets, parties and small functions.

  • Box Grove Community Centre
  • Victoria Square Community Centre
  • Heintzman House
  • Cedar Grove Community Centre
  • German Mills Community Centre

 

These facilities were established as Community Centres through various By-Laws issued under Community Recreation Centres Act. The Town provides a yearly grant of $3,000 for each of the Community Centres and is included in the operating budget in Recreation Services. Also included in the operating budget of Recreation services is a grant to Markham Train Station for $3,000 and a net expenses budget of $6,223 relating to the Unionville Train Station.

 

 

 

 

FINANCIAL TEMPLATE: (external link)

Enclosed. 

 

 

 

RECOMMENDED

                            BY:    ________________________          ________________________

                                      Barb Cribbett, Treasurer                     Andy Taylor, Commissioner,

                                                                                                Corporate Services

 

 

 

ATTACHMENTS:

Appendix A- 2006 Financial Statements - Community Centre Boards

Appendix B- 2006 Financial Statements – Information Markham