THE CORPORATION OF THE TOWN OF MARKHAM
Consolidated Schedule of Capital Fund Activities
Year ended December 31, 2007
(All dollar amounts are in $000)         Schedule 2
2007 2006
Budget Actual Actual
DRAFT
REVENUES
Government of Canada grants  $   2,935  $         2,208  $    1,987  $     727
Province of Ontario grants          -                       35        1,083  $      -35
Contributions from developers     21,552             5,380        1,707  $ 16,172
Developers revenue earned     30,465           33,370      13,276  $  -2,905
Other       1,788               3,608          7,072  $  -1,820
Total revenues     56,740             44,601        25,125   12,138
   
EXPENDITURES
General government       8,801             5,330        5,279  $   3,471
Protection to persons and property       5,229             1,425        1,303  $   3,804
Transportation services     53,946           39,790      18,530  $ 14,156
Environmental services       9,117             8,976        7,328  $     141
Recreation and cultural services       9,213           12,978      18,579  $  -3,765
Planning and development       7,522             7,773        6,037  $    -251
Total expenditures     93,828             76,272        57,056   17,556
NET EXPENDITURES    (37,088)           (31,671)      (31,931)
   
FINANCING AND TRANSFERS
Transfer from Reserves and Reserve Funds     37,088           29,379      34,730        -     
Transfer from Operating Funds          -                       258            -     
Net financing and transfers     37,088             29,637        34,730
   
CHANGE IN CAPITAL FUND             (0)           (2,034)        2,799
OPENING CAPITAL FUND          -                  25,997        23,198
CLOSING CAPITAL FUND  $         (0) #  $       23,963  $  25,997
           
The accompanying notes are an integral part of these consolidated financial statements.