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Port Stanley News RSS Feed  News 2018 Water, Wastewater and Harbour Budgets

News

by Doug Harvey

2018 Water, Wastewater and Harbour Budgets

A special meeting was held on Monday, May 7, 2018 at 7:00 p.m. in the Lower Level County of Elgin Training Room concerning the 2018 Water, Wastewater and Harbour Budgets. After a presentation by Director of Finance, Karen Harris of the three Budget summaries, and a roundtable discussion, a motion was carried to present the 2018 Water, Wastewater and Harbour Budgets By-laws for approval at the Regular Meeting of Council on May 28th, 2018.

Highlights of the three Budgets are listed below.

Water Department Proposed Operating and Capital Budget Summary

The Water Department Proposed 2018 Budget Expenditure of $3,266,964 represents an increase over Budget Approved 2017 Expenditures by $699,645, which includes increases in Water Administration by $144,802, Water Treatment by $6,871, Water Distribution & Transmission by $64,472, and Water Capital by $483,500. The Proposed 2018 Water Capital Expenditures of $655,500 to include funding for projects such as the Kettle Creek Watermain Crossing - George Street, Dalewood Campground Water Line Upgrade, Meter & Technology Upgrades, Belmont WWTP (Pumphouse) generator fuel system, and a Rate Study.

The Water Department Proposed 2018 Budget Revenues of $3,266,964 represents an increase over Budget Approved 2017 Revenues by $699,645, which includes increases in Water Rate Revenue by $216,145, and Borrowing by $483,500.

Gross Budget Expenditures 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Water Administration 1,966,558 1,692,254 2,157,315 1,837,056 144,802
Water Treatment 428,450 442,331 437,598 449,202 6,871
Water Distribution 360,352 260,734 357,383 325,206 64,472
Water Capital 787,104 172,000 4,606,208 655,500 483,500
Totals $3,542,463 $2,567,319 $7,558,503 $3,266,964 $699,645
           
Gross Budget Revenues 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Water Rate Revenue 2,580,295 2,357,600 2,757,117 2,573,745 216,145
Development Charges 123,763 37,719 37,719 37,719 0
Reserves/Reserve Funds 70,291 0 0 0 0
Borrowing 542,061 172,000 3,768,673 655,500 483,500
Capital Revenues/Credits 30,000 0 24,000 0 0
Totals $3,346,410 $2,567,319 $6,587,508 $3,266,964 $699,645
           
Net Rate Supported Budget -$196,053 $0 $970,995 $0 $0

Waste Water Department Proposed Operating and Capital Budget Summary

The Waste Water Department Proposed 2018 Budget Expenditures of $4,053,306 represents an decrease over Budget Approved 2017 Expenditures by $15,265,041 mostly due to last years construction of the Port Stanley Waste Water Project. The 2018 Waste Water Expenditures includes increases in Waste Water Administration by $1,157,883, decreases in Waste Water Collection by $13,259, increases in Waste Water Treatment by $148,335, and decreases in Waste Water Capital by $16,558,000. The Waste Water 2018 Capital Projects include Meter & Technology Upgrades, Sunset Bluffs, Union Sanitary E.A., and a Sewer Rate Study.

In the Waste Water Department the proposed 2018 Budget Revenues of $4,053,306 represents an decrease over Budget Approved 2017 Revenues by $15,332,484, which includes increases in Operating Revenues by $659,226, a decrease of $80,896 in Transfers from Reserves, an increase of $436,718 from Development Charges, an increase of $129,572 from Benefitting Landowners, and a decrease of $15,332,484 in Borrowing.

Gross Budget Expenditures 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Waste Water Administration 1,815,232 1,418,9784 2,532,375 2,576,861 1,157,883
Waste Water Collection 223,164 174,012 137,393 160,753 -13,259
Waste Water Treatment 272,806 302,357 262,471 450,692 148,335
Waste Water Capital 3.079,030 17,423,000 17,143,361 865,000 -16,558,00
Totals $5,390,232 $19,318,347 $20,075,601 $4,053,306 -$15,265,041
           
Gross Budget Revenues 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Operating Revenues 2,185,107 1,687,720 2,552,512 2,346,946 659,226
Transfers from Reserves 0 80,896 0 0 -80,896
Development Charges 275,070 275,070 275,070 711,788 436,718
Benefitting Landowners 0 0 134,842 129,572 129,572
Borrowing 1,979,030 17,342,104 19,981,7273 865,000 -16,477,104
Capital Revenues/Grants/Credits 1,100,000 0 400,000 0 0
Totals $5,539,207 $19,385,790 $23,344,151 $4,053,306 -$15,332,484
           
Net Rate Supported Budget -$148,975 -$67,443 $3,268,550 $0 $67,444

Port Stanley Harbour Proposed Operating and Capital Budget Summary

The Port Stanley Harbour Proposed 2018 Budget Expenditure of $404,884 represents an decrease over Budget Approved 2017 Expenditures by $1,005,337. The 2018 Port Stanley Harbour Expenditures includes a decrease in Harbour Operations Non-Eligible Expenditures by $60,337, a decrease in Harbour Capital Eligible Expenditures by $590,000, and a decrease in Harbour Operations Non-Eligible Expenditures by $355,000. 2018 Capital Projects spending of $300,000 include the East Pier Lighting Project.

The proposed 2018 Port Stanley Harbour Budget Revenues of $404,884 represents an decrease over Budget Approved 2017 Revenues by $1,005,337. Proposed revenue sources from Harbour Operations Non-Eligible Revenues include $800 from Rents, $22,514 from Berthage/Dockage, and $81,570 from a Transfer from Contribution Interest. Proposed revenue from Harbour Capitals Eligible Revenues include $300,000 from a Transfer from Contribution Principal.

Gross Budget Expenditures 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Harbour Operations          
Eligible Expenditures - - - - -
Non-Eligible Expenditures 713,401 165,221 504,287 104,884 -60,337
           
Harbour Capital          
Eligible Expenditures 2,919,196 890,000 1,421,074 300,000 -590,000
Non-Eligible Expenditures 251,590 355,000 402,287 0 -355,000
Totals $3,884,188 $1,410,221 $2,327,648 $404,884 -$1,005,337
           
Gross Budget Revenues 2016 2017 2017 2018 Difference
  Actual Approved Actual Proposed (2018-2017)
Harbour Operations          
Eligible Revenues - - - - -
Non-Eligible Revenues          
.....Rents 400 800 1,480 800 -
.....Berthage/Dockage 19,996 17,796 24,080 22,514 4,718
.....Investment Income 239,851 - 229,918 - -
.....Sundry Income - - - 70,344 -
.....Transfer from Contribution Interest 453,154 146,625 178,465 81,570 -65,055
           
Harbour Capital          
Eligible Revenues          
.....Federal Grant - - 237,635 - -
.....Expense Recovery 8.060 - - - -
.....Transfer from Contribution Interest 2,435,632 890,000 - 300,000 -
Non-Eligible Revenues          
.....Donations 89 - - - -
.....Provincial Grant 27,495 - 3,592 - -
.....Sale of Equipment - - - - -
.....Transfer from Non-Eligible Operations 281,459   181,932 - -
.....Transfer from Reserves - - - - -
.....Transfer from Contribution Interest 332,388 355,000 583,287 - -
           
Totals $3,798,523 $1,410,221 $1,510,733 $404,884 -$1,005,337
           
Net Budget $85,665 - $816,915 $0 $0

Last Updated: Tuesday, 08 May 2018 17:19:40 PM EST

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