| TOWN OF MARKHAM | |||||||||||
| Operating Budget | |||||||||||
| (Excluding Planning & Design, Engineering, Waterworks and Building Standards) | |||||||||||
| Financial Results for the Twelve Months Ended December 31, 2009 | |||||||||||
| (in millions of dollars) | |||||||||||
| Year-End Variance | |||||||||||
| Projection Range | |||||||||||
| 2009 | 2009 | Variance | Fav. / (Unfav.) | ||||||||
| Actuals | Budget | fav./(unfav.) | From | To | |||||||
| Revenues | |||||||||||
| Taxation Revenues | 109.840 | 108.412 | 1.428 | ||||||||
| Grant & Subsidy Revenues | 1.222 | 0.917 | 0.305 | ||||||||
| General Revenues | 23.272 | 19.821 | 3.451 | ||||||||
| User Fees & Service Charges | 17.468 | 17.840 | (0.372) | ||||||||
| Other Income | 3.908 | 4.279 | (0.371) | ||||||||
| Revenues Total | 155.710 | 151.269 | 4.441 | 0.000 | 0.500 | ||||||
| Expenditures | |||||||||||
| Salaries & Benefits | 85.812 | 86.846 | 1.034 | ||||||||
| Salary Gapping Savings | (0.455) | (0.455) | 0.000 | ||||||||
| Material & Supplies | 7.794[1] | 8.360 | 0.566 | ||||||||
| Purchased Services | 31.234[2] | 31.575 | 0.341 | ||||||||
| Other Expenditures | 26.339 | 24.943 | (1.396) | ||||||||
| Expenditures Total | 150.724 | 151.269 | 0.545 | 0.500 | 1.000 | ||||||
| Net Revenues / (Expenditures) | 4.986 | 0.000 | 4.986 | 0.500 | 1.500 | ||||||
| Year End Accounting Adjustments | (2.998)[3] | 0.00 | (2.998) | ||||||||
| Adjusted Net Surplus | 1.988 | 0.000 | 1.988 | 0.000 | 0.000 | ||||||
| Transfer to Corporate Rate Stablilization Reserve | 1.988 | 0.000 | 1.988 | ||||||||
| Net Revenue / (Expenditure) | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | ||||||