TOWN OF MARKHAM
Engineering Operating Budget
Financial  Results for the Nine Months Ended September 30, 2009
(in millions of dollars)
		2009 YTD		2009 YTD		Variance		Annual
		Actuals		Budget		fav./(unfav.)		Budget		Year-End Projection
Revenues
	User Fees & Service Charges	1.794		1.674		0.120		2.752		3.237
	General Revenue	0.015		0.038		(0.023)		0.050		0.008
Revenues Total		1.809		1.712		0.097		2.802		3.245
Expenditures
	Salaries & Benefits	2.250		2.501		0.251		3.256		2.936
	Material & Supplies	0.023		0.034		0.011		0.046		0.038
	Purchased Services	1.449		1.495		0.046		2.005		2.002
Expenditures Total		3.722		4.030		0.308		5.307		4.976
Surplus/(Deficit)		(1.913)		(2.318)		0.405		(2.505)		(1.731)
Transfer to/(from) Reserve		0.040		0.040		0.000		(2.505)		(1.731)	Note 1
Net Revenues / (Expenditures)		(1.953)		(2.358)		0.405		0.000		0.000
								Note 1: Lower draw from Reserve as compared to budget		0.774