TOWN OF MARKHAM
Operating Budget
(Excluding Planning & Design, Engineering, Waterworks and  Building Standards)
Financial  Results for the Nine Months Ended September 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	104.979		104.995		(0.016)		106.284
	Grant & Subsidiy Revenues	0.659		0.491		0.168		0.908
	General Revenues	15.362		14.236		1.126		18.114
	User Fees & Service Charges	13.458		13.854		(0.396)		17.581
	Other Income	3.551		3.703		(0.152)		4.604
Revenue Total		138.009		137.279		0.730		147.491		0.250		0.500
Expenditures
	Salaries & Benefits	63.621		65.399		1.778		84.448
	Salary Gapping Savings	0.000		(0.455)		(0.455)		(0.455)
	Material & Supplies	6.000		5.874		(0.126)		7.968
	Purchased Services	22.450		22.221		(0.229)		30.516
	Other Expenditures	23.305		23.124		(0.182)		25.014
Expenditures Total		115.376		116.163		0.786		147.491		0.000		0.750
Net Revenue (Expenditure)		22.633		21.116		1.516		0.000		0.250		1.250
Note: Excludes Year-End accounting accruals.