THE CORPORATION OF THE TOWN OF MARKHAM
Consolidated Schedule of Capital Fund Activities
Year ended December 31, 2008
(All dollar amounts are in $000)					Schedule 2
	2008				2007
	Budget		Actual		Actual
REVENUES
Government of Canada grants	$   1,251		$         2,487		$    2,208		$  -1,236
Province of Ontario grants	79		17,221		35		#######
Contributions from developers	8,058		7,577		5,380		$     481
Developers revenue earned	65,491		22,502		33,370		$ 42,989
Other	1,262		1,852		3,608		$    -590
Total revenues	76,141		51,639		44,601		24,502
EXPENDITURES
General government	15,412		7,952		5,330		$   7,460
Protection to persons and property	575		1,022		1,425		$    -448
Transportation services	40,956		27,889		39,790		$ 13,066
Environmental services	8,528		9,128		8,976		$    -600
Recreation and cultural services	58,718		10,024		12,978		$ 48,694
Planning and development	6,862		6,207		7,773		$     655
Total expenditures	131,051		62,222		76,272		68,827
NET EXPENDITURES	(54,910)		(10,583)		(31,671)
FINANCING AND TRANSFERS
Transfer from Reserves and Reserve Funds	50,513		33,060		29,379		-
Transfer from Operating Funds	4,397		4,613		258		-
Net financing and transfers	54,910		37,673		29,637			27090
CHANGE IN CAPITAL FUND	(0)		27,090		(2,034)
OPENING CAPITAL FUND	-		23,963		25,997
CLOSING CAPITAL FUND	$         (0)	#	$       51,053		$  23,963
The accompanying notes are an integral part of these consolidated financial statements.