TOWN OF MARKHAM
Operating Budget Planning & Design
Financial  Results for the Nine Months Ended September 30, 2008
(in millions of dollars)
		2008 YTD		2008 YTD		Variance		Annual		Year-End Projection
		Actuals		Budget		fav./(unfav.)		Budget		Surplus/(Deficit)
Revenue
	General Revenues	(0.008)		0.008		(0.016)		0.010
	User Fees & Service Charges	2.586		4.075		(1.489)		5.268
Revenue Total		2.578		4.083		(1.505)		5.278		3.493
Expenditures
	Salaries & Benefits	2.957		3.110		0.153		4.046
	Material & Supplies	0.030		0.035		0.005		0.050
	Purchased Services	0.754		0.759		0.005		1.025
	Transfer to/(from) Reserves	0.037		0.039		0.002		0.157
Expenditures Total		3.778		3.943		0.165		5.278		4.923
Gross Surplus/(Deficit)		(1.200)		0.140		(1.340)		0.000		(1.430)
Projected Transfer to/(from) Reserve										(1.430)
Net Surplus/(Deficit)										0.000