TOWN OF MARKHAM
Operating Budget Engineering
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	0.016		0.084		(0.068)		0.112
	User Fees & Service Charges	1.953		2.859		(0.906)		3.862
Revenue Total		1.969		2.943		(0.974)		3.974		3.378
Expenditures
	Salaries & Benefits	2.731		2.888		0.157		3.788
	Material & Supplies	0.023		0.034		0.011		0.046
	Purchased Services	1.155		1.172		0.017		1.627
	Transfer to/(from) Reserves	0.039		0.039		0.000		(1.487)
Expenditures Total		3.948		4.133		0.185		3.974		5.200
Gross Surplus/(Deficit)		(1.979)		(1.190)		(0.789)		0.000		(1.822)
Projected Transfer to/(from) Reserve										(1.822)
Net Surplus/(Deficit)										0.000