|
| Grants from Municipal Affairs and Housing * | 2008/2009 to date | 2007/2008 | 2006/2007 | |
| Unconditional Municipal Grants | $5,565 | $5,565 | $5,565 | |
| Municipal Debenture Interest Rebate | ||||
| Municipal Sponsorship Grant | $40,934 | |||
| Grants in Place of Taxes | ||||
| Special Grants | ||||
| Fire Services | ||||
| Disaster Services | ||||
| Municipal Sustainability Initiative Capital | $189,758 | $160,443 | ||
| Municipal Sustainability Initiative Operating | $208,086 | $9,283 | ||
| MSI Strategic Initiatives | $12,913 | |||
| 2006 | 2005 | 2004 | |
| Debt limit information | |||
| Debt limit | $3,809,643 | $3,362,615 | $2,811,041 |
| Actual debt | $1,631,070 | $1,454,648 | $1,652,360 |
| Debt servicing limit | $634,941 | $560,436 | $468,507 |
| Actual servicing | $260,879 | $237,029 | $363,801 |
| Reserves | $177,000 | $48,851 | $531,741 |
| Actual education taxes | $340,532 | $352,093 | $357,894 |
| Equalized municipal tax rates** | 0.0095 | 0.0087 | 0.0089 |
| 2007 | 2006 | 2005 | |
| Equalized assessment | |||
| Residential | $69,359,073 | $63,163,378 | $61,570,526 |
| Farmland | $6,260 | $2,810 | $2,810 |
| Non residential | $6,010,668 | $5,826,025 | $5,876,455 |
| Non-residential linear | $2,637,240 | $2,349,260 | $2,182,420 |
| Non-residential railway | $7,010 | $6,940 | |
| Non-res. co-generating M&E | |||
| Machinery and equipment | $576,750 | $755,030 | |
| $78,589,991 | $72,103,513 | $69,639,151 | |
| Total assessment services cost | $18,460 | $16,415 |
| * | Grants from the department do not include Housing and Libraries grants. Not all these grants are per capita grants based strictly on population. Does not include other provincial government investments or expenditures in the municipality. |
| ** | The formula is to divide prior year's Municipal Property Taxes by current year's Total Equalized Assessment. |
| Updated: Dec. 5, 2008 | |