HomeMy WebLinkAboutBy-law No. 2016-030 THE CORPORATION OF
THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2016-030
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2016
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 $289,141 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 $289,141 be incorporated into the 2016 current
estimates for the purposes of determining the tax rates for 2016.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 21st
DAY OF APRIL 2016.
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M; • f -
By-law No.2016-030
Schedule"A"
Municipality of Bayham - 2016 Capital Summary
Financing
Total Cost Reserve Fund DC's Debt Financing Grants Other Tax Levy
Expenditures($)
General Government 40,000 0 0 0 0 0 40,000
Fire 70,000 0 0 0 0 0 70,000
Building 0 0 0 0 0 0 0
By-law 0 0 0 0 0 0 0
Roads 323,507 50,000 0 0 255,000 10,000 8,507
Waste Management 166,967 166,967 0 0 0 0 0
Water 1,800,000 180,000 0 0 1,620,000 0 0
Waste Water 166,967 166,967 0 0 0 0 0
Parks&Rec. 60,000 50,000 0 0 0 0 10,000
Facilities 150,000 0 0 0 0 0 150,000
Libraries 2,000 2,000 0 0 0 0 0
Planning&Development 16,000 6,000 0 0 0 0 10,000
Tourism&Marketing 0 0 0 0 0 0 0
Environmental 0 0 0 0 0 0 0
Museums 5,000 4,366 0 0 0 0 634
2,800,441 626,300 0 0 1,875,000 10,000 289,141