HomeMy WebLinkAboutBy-law No. 2017-037 THE CORPORATION OF
THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2017-037
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2017
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 $422,000 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 $422,000 be incorporated into the 2017 current
estimates for the purposes of determining the tax rates for 2017.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 20th
DAY OF APRIL 2017.
MAYOR � �� �
By-law No.2017-037
Schedule"A"
Municipality of Bayham -2017 Capital Summary
Financing
Total Cost Reserve Fund DC's Debt Financing Grants Other Tax Levy
Expenditures($1
General Government 82,000 18,000 0 0 44,000 0 20,000
Fire 40,000 30,000 0 0 0 0 10,000
Building 40,000 40,000 0 0 0 0 0
By-law 20,000 20,000 0 0 0 0 0
Roads 1,132,000 148,090 0 0 735,910 10,000 238,000
Water 1,841,000 221,000 0 0 1,620,000 0 0
Waste Water 362,167 350,167 0 0 12,000 0 0
Parks&Rec. 110,000 55,000 0 0 55,000 0 0
Facilities 180,000 7,000 0 0 23,000 0 150,000
Libraries 0 0 0 0 0 0 0
Planning&Development 20,000 16,000 0 0 0 0 4,000
Museums 0 0 0 0 0 0 0
3,827,167 905,257 0 0 2,489,910 10,000 422,000