Treasurer's Statement
Document 1
Development Charge Reserve Fund Activity
for the period ended December 31, 2005
     
  Opening   Development         Contributions/ Net Repayment    Account   Unapplied Closing  
  Balances as at   Charge   Development Interest Refunds-Prior Previous to SNDC  for Transfers Balances as at   Project Balances as at  
Development Charge January 1,   Revenues/ FIR 60 Charge Earnings/ Year's Year's Storm Water to/(from) December 31,   Funding December 31,  
Category Description 2005 1   Adjustments   Transfers (Expense) Collections Adjustments Pond Costs Projects 2005   Requirements 2005 2  
                               
                               
Roads and Structures 48,865,924   28,631,938     1,977,200       (6,121,767) 21,081,000   0 85,596,829  
                               
                               
Sanitary Sewers (7,365,145)   4,456,534     (250,100)       (8,571,274) 12,287,000   0 5,412,563  
                               
                               
Water 12,341,566   2,164,150     436,500       (11,609,422) 13,750,000   0 26,551,638  
                               
                               
Storm Water Drainage 2,002,860   (286,465)     62,700       (1,426,000) 1,613,000   0 3,205,095  
                               
                               
Storm Water Management 9,066,480   4,149,512     244,700       3,779,385 1,608,000   0 9,681,307  
                               
                               
Police 800,648   505,677     37,200       (265,000) 265,000   0 1,608,525  
                               
                               
Emergency Service (Fire) 3,569,179   577,450     136,000       (349,940) 435,000   0 4,632,569  
                               
                               
Studies 2,513,009   874,863     50,100       2,991,000 126,000 [1]   0 446,972  
                               
                               
Public Transit Program 33,634,884   10,375,073     1,418,400       (2,656,870) 212,000   0 48,085,227  
                               
                               
Parks & Recreation Facilities 29,048,520   10,560,474     1,211,100       (6,802,818) 7,117,000   0 47,622,912  
                               
                               
Parks                     0   0 0  
                               
                               
Libraries 6,744,918   1,337,724     241,200       1,236,000     0 7,087,842  
                               
                               
Child Care 1,898,739   202,280     70,700       (56,000) 56,000   0 2,227,719  
                               
                               
Emergency Medical Services 80,703   59,756     3,800       4,000     0 140,259  
                               
                               
Vehicles & Works Yards 7,177,356   2,022,353     266,100       1,089,769 287,000   0 8,376,040  
                               
                               
                               
Total 150,379,641   65,631,319   0 5,905,600 0 0 0 (28,758,937) 58,837,000   0 250,675,497  
                             
1  The 2004 Treasurer's Statement show a development charge balance of $147.3 million. The difference reflects the transfer of funds from the closing of capital accounts in the amount of 3.1 million.
2  The Audited Financial Statements show a development charge balance of $257.4 million which includes: $2.6 million in deferrals, $3.9 million in the Solid Waste Reserve Fund, $61,200 in the Health Reserve Fund and $198,000 in transfers to projects that were unspent.
[1]
INCLUDES 4,000 FOR ALLOCATED - 830010
PLUS 5,000 CORP 99 - 900841