HomeMy WebLinkAboutBy-law No. 2018-044 THE CORPORATION OF
THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2018-044
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2018
WHEREAS Section 290 of the Municipal Act, S.O. 2001, as amended provides in part that a
local municipality shall in each year prepare and adopt estimates of all sums required during the
year for the purposes of the local municipality, and;
WHEREAS it is necessary and expedient to levy on the whole rateable property according to the
last revised assessment roll of the Municipality the sum of $559,000 for the capital program of
the lower-tier municipality for the current year,
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF
BAYHAM HEREBY ENACTS AS FOLLOWS:
1. THAT the capital estimates appended hereto as Schedule "A" are hereby adopted.
2. THAT the tax levy requirement of $559,000 be incorporated into the 2018 current
estimates for the purposes of determining the tax rates for 2018.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 5"
DAY OF APRIL 2018.
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MA OR /" L
By-law No.2018-044
Schedule"A"
Municipality of Bayham - 2018 Capital Summary
;Financing j
Total Cost Reserve Fund DC's Debt Financing Grants Other Tax Levy Page Reference
Expenditures($)
General Government 80,000 40,0001 0 0 15,000 r 0 25,000 14
Fire 20,000 01 0 0 0 0 20,000 25
Building 0 0 0 0 0 0 0 36
y — -
B -law 0 01 0 0 0 0 0 47
Roads 1,069,000 60,0000 0 520,000 0 489,000 58
Waste Water 113,5000 113,50001
0 0 0 0 0 69
0 0 0 0 0 80
Parks&Rec. 250,000 44,000 0 0 191,000 0 15,000 91
Facilities 125,000 102,000 0 0 23,000 0 0 102
Planning&Development 17,000 7,000 0 0 0 0 10,000 113
1,676,167 368,167 01 0, 749,000 0 559,000