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CONSOLIDATED STATEMENT 0F OPERATIONS For the year ended December 31, 1994 11993 SOURCES 0F FINANCING Taxation Residlential and farm taxation Commercial, industrial and business taxation Taxation rom other governiments Deduct - amounts received or receivable for Region and School Boards User Chargea G rants- Government of Canada -Province of Ontario -Other Municipalities Other - Investment Income -Contributions from developers -Sale of land and equipment -Penialty and interest on taxes -Fines -Donations and contributions from others -Recreational Land - cash-in-lieu Issue of long-term liabilities MUNICIPAL FUND BALANCES, BEGINNING 0F VEAR To be used f0 offset (f0 be recovered from> taxation or user charges Municipality Library Special areas Recreation, community centres and arena boards Central Business District Improvement arreas Museums Unexpended capital financing Reserves and reserve funds APPLIED TO General Government Protection f0 persons and property Transportation Services Environmental Services Health Services Recreation and cultural services Planning and development NET APPROPRIATIONS TO OTHER FUNDS MUNICIPAL FUND BALANCES, ENDO0F YEAR To be used f0 offset (f0 be recovered from) taxation or user charges, Municipalîty Library Special Areas Recreation, community centres and arena boards Central Business District Improvement areas, Museums Unexpended capital financing Reserves and reserve funds 1994 CAPITAL RESERVES AND CURRENT OPERATIOR~S OPERATIONS RESERVE FUNDE BUDGET 'ACTUAL ACTUAL ACTUAL 45,723,997 10,203,088 2,313,395 JD DS 46,160,937 10,458,918 2,320,943 143492,025) (44,141,654) 14748,455 2,622,668 3,296 2,025,821 372,232 600,000 2,000 2,059 860,000 6,568 (4,088) 94,461 15,987 (5,13l) 14,7i99,144 2,577,761 12,475 2,298,138 13,000 647,257 1,195,877 4,253 2,091 2,410,479 6,997 (4,087) 94,461 15,987 (5,131) 270,871 2,389,288 1,508 436,564 18,386 3.1661 122,931 1,580,473 4,028,124 894,954 162,733 32,454,918 39244,13 1994 CONSOLIDATED ACTUAL 46,160,937 10,458,918 2,320,943 (,là 141 rCA'I4 4414,99544) 5601 2,700,692 283,346 4,687,426 13,000 2,229,238 4,028,124 436,564 1,195,877 4,253 897,045 162,733 2,410,479 6,997 (4,087) 94,461 15,987 (5,13 1) 18,386 32,454,918 66,429,452 1993IDTE ACSOITUA $CUA 44,999,163 10,340,751 2,178,360 (41908.96O1)4 2,825,658 5,103 3,861,232 5,836 1,394,022 1,949,153 1,121,954 5,252 7,715,282 82,258 400,000 2,327,004 14,695 (83,561) 81,811 11,384 (681) 92,183 22,471,027 5_9.888.9ý25 21,344t.,328 ~-- -- 3,536,378 2,891,471 5,298,626 1,212,653 105,835 4,653,889 3,651,257 2,926,647 5,486,735 1,263,620 108,122 4,615,951 1.571.335 338,438 1,91 6,707 4,836,437 937,800 103,587 3,989,695 4,843,354 10,323,172 1,263,620 108,122 5,553,751 1,674,922 4,342,210 2,739,739 9,682,549 1,182,219 118,833 5,21 9,135 1,612,230 19,359,190 ,2,6 ,3,6 27,756,636 24,896, 1,893,448 1,778,874 (5,032,353) 3,253,479 21,252,638 21,402,541 3,100,616 3,253,479 27,756,636 24,896, 91,233 661 21,344,328 2,558,186 22,145 (5,860) 91,233 661 (204) 24,068,702 16,001 3,116,617 35.990.654 39,244,133 2,558,186 22,145, (5,860) 91,233 661 (204) 16,001 35,990,654 66,429,452 ~,915 2,410,479 6,997 (4,087) 94,461 15,987 (5,131) 18,386 32,454,918 59,888,925 CONSOLIDATEO BALANCE SHEET DECEMBER 31.,1994 1994 ASSETS UNRESTRICTED Cash Taxes receivable User charges receivable Accounts receivable 0f ber current assets RESTRICTED Cash lnvestments Due f rom own funds Accounts receivable $ 4,953,515 8,099,030 493,679 1,333,470 25,381,184 3,139,239 778,998 CAPITAL OUTLAY FINANCED BY LONG-TERM LIABILITIES AND TO BE RECOVERED IN FUTURE VEARS 4,686,000 $49256417 LIABILITES CURRENT LIABILITIES Accountspayable and .accrued liabilities $ 2,887,831 Other current liabilities 3009,770 5897,601 NET LONG-TERMI LIABILITIES 4,686,000 FUND BALANCES, END 0F YEAR To be used fo offset taxation or user charges 2,666,161 Unexpended Capital Financing 16,001 Reserves 6,691,233 Reserve Funds .2929942 $49.256.417 1993 $ 6,651,365 7,801,366 732,360 1,122,576 16,734,30 24,810,657 952,313 662,461 5,072,333 $48232064 $ 3,884,226 4,283,496 8.16722 5,072,333 2,518,706 18,386 6,029,486 26425431 $48.232,064 CONSOLIDATED SCHEDULE OF RESERVES AND RESERVE FUND BALANCES DECEMBER 31.,1994 1994 Reserves set aside for specific purposes by Council for Debt Management and Capital $ 249,428 Acquisition of Assets 5,170,222 Vested Sick Leave 48,693 Working Funds, Contingencies and Other 1,222,890 Total Reserves66923 Reserve Funda set aside for specific .purposes by Council for Industrial Development 34,2,46,2 Debt Management and Capital 989,542 Acquisition of Assets 1,422,051 Recreation and Cuture 2,555,550 5,309,605 Reserve Funds set aside for specific purposes by legislation, regulation or agreements Park purposes 2,058,570 Lot levies and road contributions 8,033,530 Parking facilities 302,260 Development charges 5,633,308 Fire primary response 288,045 Ontario Hydro Nuclear funds ,64,0 Total Reserve Funds 398,1 Total Reserves and Reserve Funds $29 299 421 1993 $ 64,791 4,811,501 (45,845) 1199039 423,987 937,535 1,045,706 2,354,498 4,761,726 2,007,222 9,140,397 263,454 2,706,110 100,537 21,63705 $26425431 CONSOLIDATED SCH-EDULE 0F TRUST FUND BALANCES DECEMVB ER 31, 1994 - 1994 1993 Cemeteries $ 277,209 $ 248,611 Vanderveer Legacy 1,000 1,000 Mont ague Trust 31,678 30,066 Ontario Home Renewal Program 15,740 - 52,523 Elect ion Surplus Fund 50 8512 Total Trust Funds$ 325,677 1 340712 GENERAL NOTES DECEMBER 31, 19 1. These consolidated financial statements refleot the assets, liabilities, sources of financing and expenditures of the revenue fund, capital tund, reserve funds and reserves and include the activities of ail committees of Council and the following local boards, which are under the cont roi of Council: -Clarington Public Lbrary Board -Clarke Museum and Archives -Bowmnanville Museum Board -Board of Management for the Bowmanville Central Business District Improvement Area -Board of Management for the Newcastle Central Business District Improvement Ares -Board of Management for the Orono Central Business District Improvement Area *Newcastle Arena Board -Newcastle Commun.ity Hall Board -Orono Arena and Community Centre Board 2. The data presented here bas been exracted from financial statements audited by Deloitte & Touche Detailed financial statements and the Auditoras Reports thereon, for the Municipality are available f rom the Treaaury Department. 3. These consolidated financial statements do not include the assets, liabilities, sources of finanicing and expenditures of the Clarington Hydro Elecfric Commission. Detailedi financial statements for this entify are available from the Treasury Depart ment. ...... .. .... .......... wee Times "A e 2'Q', 1:995- - 0 cli qAll q9R P4 âSS-702 59,888,925