| TOWN OF MARKHAM | |||||||||||||
| Operating Budget (Excluding Waterworks & Building Standards) | |||||||||||||
| Financial Results for the Six Months Ended June 30, 2008 | |||||||||||||
| (in millions of dollars) | |||||||||||||
| Year-End Variance | |||||||||||||
| Projection Range | |||||||||||||
| 2008 YTD | 2008 YTD | Variance | Annual | Fav / (Unfav) | |||||||||
| Actuals | Budget | fav./(unfav.) | Budget | From | To | ||||||||
| Revenue | |||||||||||||
| Taxation Revenues | 91.021[1] | 91.021 | 0.000 | 106.284 | |||||||||
| Grant & Subsidiy Revenues | 0.388 | 0.331 | 0.057 | 0.908 | |||||||||
| General Revenues | 10.265 | 9.353 | 0.912 | 18.114 | |||||||||
| User Fees & Service Charges | 11.433 | 12.587 | (1.154) | 26.711 | |||||||||
| Other Income | 2.482 | 2.806 | (0.324) | 6.024 | |||||||||
| Revenue Total | 115.589 | 116.098 | (0.509) | 158.041 | (0.500) | 0.000 | |||||||
| Expenditures | |||||||||||||
| Salaries & Benefits | 45.809 | 46.870 | 1.062 | 92.481 | |||||||||
| Salary Gapping Savings | 0.000 | (0.654) | (0.654) | (0.654) | |||||||||
| Material & Supplies | 4.352 | 4.048 | (0.304) | 8.064 | |||||||||
| Purchased Services | 17.711 | 17.379 | (0.332) | 33.168 | |||||||||
| Other Expenditures | 21.551 | 21.426 | (0.125) | 24.982 | |||||||||
| Expenditures Total | 89.423 | 89.069 | (0.354) | 158.041 | 0.000 | 0.500 | |||||||
| Net Revenue (Expenditure) | 26.166 | 27.029 | (0.863) | 0.000 | (0.500) | 0.500 | |||||||
| Note: Excludes Year-End accounting accruals. | |||||||||||||