Town of Magrath
Municipal Code:0211

2006 2005 2004
Revenues
   Net property taxes* $748,754 $627,342 $617,308
   Total provincial grants** 866,450 690,122 436,987
   Other grants 87,565 0 0
   User fees and sale of goods 771,042 700,198 709,665
   Business taxes 0 0 0
   Other 65,951
224,081
110,067
Total $2,539,762
$2,241,743
$1,874,027
Expenditures
   General government $345,679 $402,436 $310,286
   Protective services 163,250 59,978 49,352
   Transportation and utilites 389,386 341,967 300,742
   Environmental use and protection 311,710 436,823 374,734
   Health and social care 97,663 91,566 107,193
   Planning and development 65,330 95,318 1,152
   Recreation and culture 354,671 264,880 256,871
   Other*** 0
0
0
Total $1,727,689
$1,692,968
$1,400,330
Excess (deficiency) of
   revenue over expenditures $812,073
$548,775
$473,697
Adjustments:
   Debt principal repayments $176,422 $0 $0
   Net result of capital transactions 0 0 0
   Transfers to capital fund (869,090) (1,000,298) (610,355)
   Transfers to reserves (128,149) 482,890 (12,798)
   Appropriated from operating fund 0 0 0
   Other 0
0
0
Change in operating surplus $(8,744) $31,367 $(149,456)
   Beginning operating surplus 260,734 229,366 378,822
   Prior period adjustments 0 0 0
   Appropriated to operating fund 0 0 0
   Other changes 0
0
0
Accumulated operating surplus(deficit) $251,990
$260,733
$229,366
 
*Does not include education taxes.
**Includes only direct grants paid to the municipality by the province.  Not all of these grants are per capita grants based strictly on population.  Does not include other provincial government investments or expenditures in the municipality.
***Includes expenses for excluded functions (Gas and/or Electricity).