Sources of Income

Actual 2006

Actual 2007

Actual 2008

Budget 2009

% of total 2009 budget

Property Tax Levy

$4,315,532

$4,644,926

$5,240,664

$5,500,900

26.82%

Linear Assessment

$820,832

$820,131

$874,603

$888,042

Grants

$1,649,636

$1,307,812

$6,787,302

$9,297,232

45.32%

Reserve

$1,282,742

$529,503

$766,430

$638,165

3.11%

Debenture

$0

$0

$0

$127,000

0.62%

Sales, User Fees, Other General Revenues

$3,541,227

$4,257,346

$4,161,216

$4,061,557

19.80%

Total Sources of Income

$11,609,969

$11,559,718

$17,830,215

$20,512,896

95.67%

Operating and Capital Expenditures

Actual 2006

Actual 2007

Actual 2008

Budget 2009

% of total 2009 budget

Administration

$1,310,804

$1,289,341

$1,660,606

$1,375,116

6.79%

Legislative

$187,082

$159,799

$197,864

$223,083

1.10%

Police, fire, rescue, ambulance, bylaw, weed control

$1,220,778

$929,512

$1,226,830

$1,112,028

5.49%

Roads, streets, walks and lighting

$2,889,015

$3,190,242

$6,847,467

$3,045,840

15.05%

Water and Waste Water

$1,478,913

$1,405,308

$3,262,641

$9,313,356

46.01%

Waste Management

$699,586

$777,406

$669,288

$690,815

3.41%

Community Services (Recreation, FCSS)

$1,871,214

$2,127,189

$1,743,607

$2,551,806

12.61%

Electrical Distribution

$500,372

$480,198

$517,527

$867,489

4.29%

Planning, Development, Marketing, Economic Development, General, Crowsnest Centre

$700,579

$632,435

$875,809

$602,212

2.98%

Cemeteries, Culture, Halls, Libraries

$560,812

$454,734

$397,585

$458,410

2.26%

Total Operating and Capital Expenditures

$11,419,155

$11,446,164

$17,399,224

$20,240,155

100.00%

Expenditures Summary

Actual 2006

Actual 2007

Actual 2008

Budget 2009

Operating Expenditures

$9,902,502

$9,784,433

$10,638,723

$10,697,227

52.15%

Capital Expenditures **

$1,516,653

$1,661,731

$6,760,501

$9,542,928

46.52%

Total Operating and Capital Expenditures

$11,419,155

$11,446,164

$17,399,224

$20,240,155

Debenture Principal Payment

$272,741

$272,741

$272,741

$272,741

1.33%

Total  Expenditures

$11,691,896

$11,718,905

$17,671,965

$20,512,896

100.00%

Net Municipal Surplus (Deficit)

-$81,927

-$159,187

$158,250

$0

**Capital Expenditures will be funded by Provincial Grants, Municipal Reserves, Donations and Developer Levies

2009 Requisitions **

Actual 2006

Actual 2007

Actual 2008

Actual 2009

Seniors Housing Foundation

$126,050

$138,610

$152,515

$167,766

6.98%

Alberta School Foundation Funding (ASFF)

$2,097,496

$2,097,455

$2,134,805

$2,234,452

93.02%

Total Requisitions paid by Tax Payer

$2,223,546

$2,236,065

$2,287,320

$2,402,218

100.00%

**Requisitions are not Municipal Income. Requisitions are income collected on behalf of external organizations such as the Province of Alberta (ASFF) and the Crowsnest Seniors Housing Authority (Seniors Housing Foundation).