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CHANGES IN FUND BALANCE SUMMARY

Drainage Utility Fund
FY 2017/18 FY 2018/19
$438,103 in funds are being appropriated to cover $1,128,616 is estimated to be contributed to
capital project expenditures included in the FY 2017/18 reserves from the forecasted positive operating
Capital Projects Budget for DR1701 Walker Branch balance.
Channel Repair and DR1801 Snow Heights Drainage
Improvements.

Gas Development Fund
FY 2017/18 FY 2018/19
Additional revenue, in excess of projected Additional revenue, in excess of projected
expenditures, in the amount of $398,300 will be added expenditures, in the amount of $528,300 will be
to fund balance. added to fund balance.

Traffic Safety Fund
FY 2017/18 FY 2018/19
An appropriation of fund balance in the amount of $46,838 is estimated to be contributed to reserves
$76,510 was made to cover prior year encumbrances. from the forecasted positive operating balance.
$21,005 is planned to be drawn down to cover
expenditures made within the fund.

Park & Recreation Facilities Development Fund
FY 2017/18 FY 2018/19
$135,000 is planned to be appropriated from fund $343,600 is estimated to be contributed to reserves
balance to pay for a portion of the Norich Park from the forecasted positive operating balance.
Playground Replacement and Shade Structure Project
included in the FY 17/18 Adopted CIP Budget.
$154,326 is planned to be drawn down for Trail and
On-Road Safety Projects included in the FY 17/18
Adopted CIP Budget. A positive fund balance of
$150,548 is planned to be added to reserves from
annual revenues forecasted to exceed expenditures.

Recreation Centre
FY 2017/18 FY 2018/19
There was an increase of $221,635 set aside as a There is an increase of $175,240 set aside as a
reserve for capital. This is calculated based on reserve for capital. This is calculated based on
projected revenue over projected expenditures. projected revenue over projected expenditures.

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