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Page 6, Terrace Bay-Schreiber News, Wednesday, August 12, 1987 eS Dy Ni THE COR PORATION OF THE TOWNSHIP OF TERRACE BAY 1986 FINANCIAL HIGHLIGHTS CONSOLIDATED OPERATIONS Sources of Financing Taxation and user charges Residential and farm taxation Commercial, industrial and business taxation Taxation from other governments User charges Grants Government of Canada Province of Ontario Other municipalities Other Investment income Penalty and interest on taxes Sales of equipment, etc. Other Net appropriations from reserves and reserve funds Municipal Fund Balances at Beginning of Year To be used to offset taxation or user charges Unexpended capital financing Total financing available during the year Applied To Current operations General government Protection to persons and property Transportation services Environmental services Health services ~ Social and family services Recreation and cultural services Planning and development 1986 Budget $ 271,915 924,411 1,196,326 41,525 273,751 1,511,602 3,855 642,655 18,000 664,510 40,000 5,000 7,200 850 53,050 45,000 $2,274,162 $ 302,278 434,417 - 450,094 129,715 15,842 89,538 555,078 25,300 u Year Ended December 31 1986 1985 Actual Actual $ 276,599 $ 258,879 926,247 877,820 1,202,846 1,136,699 42,222 39,432 277,686 283,014 1,522,754 1,459,145 5,000 8,651 683,252 576,441 21,212 29,297 709,464 . 614,389 55,467 66,214 8,694 6,287 4,096 7,120 687 752 68,944 80,373 28,768 45,000 54,805 15,003 $2,346,162 $2,252,483 $ 306,839 $ 292,795 404,341 407,307 485,279 480,094 148,603 128,631 16,757 18,253 77,961 69,345 578,927 557,301 18,504 8,035 037,211 1,961,761 f MILL RATES 1986 1985 Residential Commercial Residential Commercial and and and and Farm Industrial Farm Industrial Township purposes 27.463 32.310 26.149 30.764 Elementary Public 22.462 26.426 21.177 24.915 Elementary Separate 21.000 24.706 19.800 23.294 Secondary 19.149 22.528 18.055 21.241 Total Public 69.074 81.264 65.381 76.920 Total Separate 67.612 79.544 64.004 75.299 \ e: a a a