Terrace Bay Public Library Digital Collections

Terrace Bay News, 24 Jul 1985, p. 6

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Page 6, Terrace Bay-Schreiber News, Wednesday, July 24, 1985 THE CORPORATION OF THE TOWNSHIP OF TERRACE BAY 1984 FINANCIAL HIGHLIGHTS MILL RATES 1984 1983 Residential Commercial Residential Commercial and and and ares Farm __ industrial Farm __ industrial Municipal Purposes 24.855 29.242 24.856 29.243 Separate School Purposes 16.747 19.702 15.799 18.587 Public School Purposes = 20.164 23.722 17.630 20.741 Secondary School Purposes 17.107 20.126 14.959 17.600 Total (Separate) 58.709 69.070 55.164 65.430 Total (Public) 62.126 73.090 57.445 67.584 CONSOLIDATED OPERATIONS 1984 1984 1983 ) Residential & Farm Taxation 241,579 243,678 234,178 ) Commercial, industrial and Business Taxation 826,908 828,871 827,548 ) Taxation from Other Governments 38,295 38,737 42,359 ) User Charges 258,229 293,612 237 236 ) Grants from Government of Canada 15,443 9,092 15,299 ) Grants from Province of Ontario 553,398 541,751 576,234 ) Grants from Other Municipalities 17,500 18,410 16,440 _) Investment Income 25,000 82,409 53,535 ) Penalty and Interest on Taxes 7,500 12,357 11,764 ) Other 11,190 5,002 . 20,152 ) Net Appropriations from Reserves 40,000 23,736 and Reserve Funds ) Fund Balances at the Beginning of the year -- Used to Offset Taxation 93,289 93,289 99,035 -- Unexpended Capital Financing 3,921 Total Financing Available 2,128,331 : 2,190,944 2,138,061 Applied To Current Operations ) General Government 272,974 281,492 239,518 ) Protection to Persons & Property 401,255 390,340 362,397 ) Transportation Services 382,540 356,128 368,294 ) Environmental Services 119,339 147,771 105,274 ) Health Services 19,268 20,225 18,130 ) Social & Family Services 74,851 67,703 59,298 ) Recreation & Cultural Studies 518,001 509,171 451,263 ) Planning & Development 19,618 22,293 60,179 Sub-total 1,807,846 1,795,123 1,664,353 Capital ) General Government 4,750 62,410 2,400 ) Protection to Persons & Property 25,700 | 22,539 2,974 ) Transportation Services 132,000 116,217 104,972 ) Environmental Services 30,000 20,160 47,178 ) Health Services 350 ) Recreation & Cultural Services 121,035 99,460 112,638 ) Planning & Development 7,000 5,227 Sub-total 320,485 326,013 270,512 ) Net Appropriations to Reserves 109,907 and Reserve Funds ) Fund Balances at the end of the year -- Used to Offset Taxation 54,805 93,289 -- Unexpended Capital Financing 15,003 Total Applications 2,128,331 2,190,944 2,138,061

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