TOWN OF MARKHAM
Operating Budget
(Excluding Planning & Design, Engineering, Waterworks and  Building Standards)
Financial  Results for the Year Ended December 31, 2008
(in millions of dollars)
		2008		2008		Variance
		Actuals		Budget		fav./(unfav.)
Revenue
	Taxation Revenues	106.368		106.284		0.084
	Grant & Subsidiy Revenues	1.184		0.908		0.276
	General Revenues	20.289		18.114		2.175
	User Fees & Service Charges	16.916		17.581		(0.665)
	Other Income	4.552		4.604		(0.052)
Revenue Total		149.309		147.491		1.818
Expenditures
	Salaries & Benefits	82.017		84.448		2.431
	Salary Gapping Savings	0.000		(0.455)		(0.455)
	Material & Supplies	9.150		7.968		(1.182)
	Purchased Services	33.143		30.516		(2.627)
	Other Expenditures	24.952		25.014		0.062
Expenditures Total		149.262		147.491		(1.771)
Net Revenue (Expenditure)		0.047		0.000		0.047
Y/E Accounting Accrual		(1.767)		0.00		(1.767)
Adjusted Net Deficit		(1.720)		0.000		(1.720)
Transfer from Corporate Rate Stablilization Reserve		1.720		0.000		1.720
Net Revenue / (Expenditure)		0.000		0.000		0.000