town of stony plain 2014 quarterly report q4, 2014 · the quarterly report provides a consolidated...

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Town of Stony Plain 2014 Quarterly Report

Q4, 2014

Photo submitted by Karie Nothof

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Table of Contents

Introduction………………………………………………………………… 3

Office of the CAO

Economic Development ………………………………………………….. 4

Planning and Infrastructure

Planning and Infrastructure Permit Statistics…………………………… 9

Community and Protective Services

Fire Services……………………………………………………………….. 11

Municipal Enforcement……………………………………………………. 13

Handi-Bus………………………………………………………………….. 18

Family Fest…………………………………………………………………. 19

Corporate Services

Financial Services………………………………………………………...... 20

Photo submitted by Adam Wenmann

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Introduction

The quarterly report provides a consolidated overview of statistical reports and financial

summaries that move towards the goals and priorities identified by Council through the

budget process. A review of selected performance indicators, and a financial summary

for 2014, Quarter 4 is presented. This quarter we asked for photo submissions from

the staff and the reports indicates that we have some excellent photographers in our

midst!


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OFFICE OF THE CAO

Photo Submitted by Shannon Rutland

Economic Development

2014 Ambassador of Action Business Award Chambers of Commerce Business Awards Gala, October 18, 2014

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Stony Plain Makes 2014 Best Communities for Business in Alberta

We are pleased Stony Plain has been recognized, for the second year in a row, as one

of Alberta's top communities for business by Alberta Venture magazine. Our strong

population growth over the last year, as well as low tax rates and competitive industrial

land prices, are just a few of the factors considered. The profile also featured an

interview with Marlon Recreational Products, a recent addition to the North Business

Park.

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Small Business Week - October 18 to 24

The Town of Stony Plain partnered with the Stony Plain & District Chamber of Commerce, Community Futures Capital Region, Stony Plain Rotary Club and the Cultural Roundtable to host three special events to shine a light on small business, and the big impact it has on our community. The Chamber hosted its annual Business Awards Gala, handing out 12 awards to outstanding local businesses, employees and volunteers. The Business Breakfast was hosted in conjunction with the Stony Plain Rotary Club and included guest speaker Lynette McCracken who shared the impact on the High River business community from the 2013 flood. Finally, the Cultural Roundtable hosted their second CultureFWD evening networking event feature three local creative entrepreneurs sharing how their business thrives in Stony Plain.

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Town Map/Shopping & Dining Guide 2014

Just in time for the holiday season, the Town updated and printed a map of Stony Plain. We included local attractions and amenities to help visitors find their way around. We have also added a dining and shopping guide to help refer customers to local retail and service providers. The map has been distributed to local service providers and businesses. The map and guide will be updated and printed again in the spring 2015.

Town of Stony Plain Business Licence Statistics.

2009 2010 2011 2012 2013 2014

Total Business Licences 671 756 807 911 897 867

Tri-Municipal Licences 194 202 196 221 222 183

0100200300400500600700800900

1000

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Types of Businesses

New Business Licences

Tri-Municipal

Home Based 23 11

Retail & Service 43 5

Contractor 25 2

Hawker/Peddler 7 0

Total 98 18

Number of Licences

2014

2013

2012

2011

2010

2009

Total Business licences

867

897

911

807

756

671

Tri-Municipal Licences

183

222

221

196

202

194

Home Based 22%

Retail & Service 57%

Contractor 20%

Hawker/Peddler 1%

Types of Business

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Photo submitted by Stephanie Montgomery

Planning and Infrastructure

Planning

Fourth quarter residential construction continues to be strong with a total of 40 housing

starts. The permits are roughly evenly split between single detached dwellings (18) and

duplexes or semi-detached homes (22). This brings the yearly total to 191 development

and building permits for new residential construction.

Permit issuance in the commercial continues to be lower than the past few years, but

industrial and institutional sector remains comparable to prior year’s numbers. Two

commercial development and building permits were issued in the fourth quarter with a

combined estimated value of $4.75 million.

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$0

$5

$10

$15

$20

$25

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

Quarter Quarter Quarter Quarter Quarter Quarter

2009 2010 2011 2012 2013 2014

Co

nst

ruct

ion

Val

ue

in M

illio

ns

of

Do

llars

Stony Plain Building Permit Construction Value by Land Use

Residential - Low Density Residential - Medium Density Residential - High Density

Commercial Industrial Institutional

0

20

40

60

80

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

Quarter Quarter Quarter Quarter Quarter Quarter

2009 2010 2011 2012 2013 2014

Number of Stony Plain Building Permits by Land Use

Residential - Low Density Residential - Medium Density Residential - High Density Non-Residential

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Community and Protective Services

Stony Plain Fire Services

Stony Plain Fire Department (SPFD) finished 2014 with 443 responses in Town and the

County. This was the second busiest year in the Department’s history.

Department Members assisted with the Shikaoi Student exchange with transport and

helping the delegates enjoy their stay in Stony Plain.

Members participated downtown, alongside RCMP, Stony Plain Peace Officers, Alberta

Health Services and the Alberta Office of Traffic Safety, in a Candy Cane Checkstop, in

support of Mothers Against Drunk Driving.

Members attended the AAMD&C Conference to support the Alberta Fire Chiefs

Associations Recruitment and Retention program.

SPFD conducted its annual Firefighter recruitment drive. Lots of interest was shown

within the Community. At the conclusion of our process, which consists of application,

interview and practical skill evaluation, seven new Firefighters were successful and will

be starting in the beginning of January 2015.

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YTD Actual Calls for Q4

Town County Total

Oct 32 17 49 Nov 12 18 30 Dec 13 23 36 Q4 Total 57 58 115 YTD 224 219 443

FD Calls for Q4

Call Type TOWN COUNTY TOTAL

Residential 2 2 4 Ind/Commercial 1 1 2 Vehicle 1 0 1 Open area 1 11 12 Out Building 0 0 0 Medical Aid 10 1 11 MVC 13 31 44 Mutual Aid 0 2 2 Alarms 22 6 28 Misc 6 4 10 TOTAL 57 58 115

Q4 Training Stats

Training Method Q4 YTD Total TOTAL

In House Training 371 2504 Formal Training 576 2266 4770 hours

Q4 Fire Prevention Tours

Q4 #of Tours Children Adults Total

14 277 129 406 YTD # of Tours YTD Children YTD Adults Total

35 657 338 995

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Stony Plain Enforcement Services


Bylaw Enforcement The months of October through to September yielded 287 reports generated by either proactive patrols or resident based complaints. The top three complaints stemmed from parking issues, un-shoveled sidewalks and dog and cats at large. Parking complaints generated 74 files in the fourth quarter and subsequently resulted in several warnings and fines, the majority of which were as a result of vehicles parking on/over the sidewalk. Agency Collaboration: This quarter saw our officers participate in a Joint Force Operation with the RCMP Capital West Integrated Traffic Unit as well work beside Planning and Development, Public Works and Town Administration.

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Provincial Statutes Enforcement Traffic complaints continued to be an issue this quarter and resulted in 140 files and the issuance of 121 citations. The top three provincial violations were issued for speeding, operation of a motor vehicle without subsisting registration and parking on a sidewalk. The fine amount reported for the quarter is $14,934.00; however, this number is not complete based on mandatory court appearances for excessive speeds, uninsured vehicles and some bylaw matters for which amounts will be determined at court. Community Service and Education This quarter has several opportunities for Enforcement Services to participate within the community! October brought Halloween where Officers attended the Tri-Municipal Monster Mash held at the Heritage Pavilion, handing out candy and safety tips. On Halloween, Enforcement Services patrolled and handed out candy to the resident trick-o-treaters. Memorial Composite High School held their annual Charity Check Stop Project where Enforcement Services assisted with collecting money and donations for the local Food Bank. November provided the opportunity for Enforcement Services to join in the Remembrance Day ceremony held at the Heritage Pavilion where residents attended in honor of our past, present and future service men and women. The winter season brought hazardous road conditions which Enforcement Services was on hand to provide traffic control as well as assist in minor collisions around town. On November 20th, Officers joined in the Christmas festivities at the Town’s annual Christmas Tree Light-up. MADD’s Candy Cane Check Stop took place on December 9th and brought Fire, EMS, Office of Traffic Safety and Enforcement Services together to raise awareness about the dangers of drinking and driving while handing out candy canes and MADD Ribbons.

27 51

45

24

6

140

Combined Incident Reports 4th Quarter

Assist Outside Agencies

Animal Control

Nuisance

Community/Training

Public

Traffic

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1 6

21

1 4

74

1 1

12 5 1

13

Traffic

2

3

1

2 2

1

2

ASSISTPLANNING

ASSIST PUBLICWORKS

ASSIST RCMP ASSIST RCMP :FOUND BIKE

ASSIST RCMP :FOUND

PROPERTY

ASSIST RCMP :SERVE

DOCUMENTS

BUSINESSLICENSE

COMPLAINT

Assist Outside Agencies

15

3

14

2

13

1 1 2

CAT ATLARGE

DEFECATION DOG ATLARGE

DOG ATTACK DOGBARKING

APA :ANIMAL INDISTRESS

APA :ANIMALNEGLECT

STRAYANIMALS

ACT

Animal Control

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1 1

2

1 1

PETTY TRESPASS ACT PUBLIC BEHAVIORBYLAW

VANDALISM EPA : ILLEGALDUMPING

EPA : LITTERING

Public Behavior

6

2

11

1 4

COMMUNITYSERVICE

TRAFFIC CONTROL FOOT PATROL JOINT FORCEOPERATION

TRAINING

Community

1 1 3 2

13

2 1

22

NUISANCE BYLAW

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1

2

7

1

1

1

1

5

2

1

4

16

7

1

1

12

6

6

9

2

1

6

1

3

1

1

12

2

4

1

1

1

2

FAIL TO OBTAIN BUSINESS LICENSE

PARK ON ANY PORTION OF A ROADWAY MARKED AS…

PARK ON PRIVATE LAND WHICH HAS BEEN CLEARLY…

PARK ON ANY LAND OWNED BY THE TOWN NOT…

TRAILER IN FRONT DRIVEWAY OUT OF SEASON

ALLOW DOG TO BITE/THREATEN/CHASE

PARK IN STALL RESERVED FOR THE EXCLUSIVE USE…

PARK UNATTACHED TRAILER ON HIGHWAY

PARK VEHICLE EXEEDING 12M

LITTER FROM VEHICLE/EQUIPMENT

FAIL TO KEEP LICENCE PLATE VISIBLE

SPEEDING

DRIVEWHILE HOLDING COMMUNICATION DEVICE

DRIVE WHILE HOLDING ELECTRONIC DEVICE

FAIL TO PROVIDE P.O. WITH INSURANCE CARD

OPERATE MV W/O SUBSISTING CERT OF REG

IMPROPERLY DISPLAY PLATE

DISPLAY UNAUTH PLATE

DRIVE/PARK WITH EXPIRED PLATE

DRIVE UNINSURE MV ON HIGHWAY

HAVE UNINSURED MV ON HIGHWAY

OPERATE MV WITH EQUIP NOT PRESCRIBED BY REGS

ABANDON MV ON HIGHWAY

TURN LEFT UNSAFELY

FAIL TO OBEY STOP SIGN AT INTERSECTION

FAIL TO YIELD TO PEDESTRIAN IN CROSSWALK

(TSA) STOP/PARK ON SIDEWALK/BLVD

(TSA) STOP/PARK WI 5M OF FIRE HYDRANT

(TSA) STOP/PARK WI 1.5M OF PRIVATE DRIVEWAY

FAIL TO YIELD TO PED IN INT FLASHING YLW SCHOOL

FAIL TO MAKE THE MOVEMENT IN SAFETY

OPERATE MV W/O SELF OPERATING WIPER SYSTEM

DRIVER NOT WEARING SEATBELT

4TH QUARTER CITATIONS - 2014

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Handi Bus

24

34

23 24

60

36

50

37

14

Trips (Stony Plain, Spruce Grove) Group Trips Clients Taken

Unit #94 (Bus)

October November December

191

3

89

174

0

75

114

0

148

Trips (Stony Plain, Spruce Grove,Edmonton)

Groups Trips Clients Taken

Unit #33 (Van)


455.7

1499

339.2

1384

523.1

1039

Unit 94 (Bus) Unit 33 (Van)

Kilometers Travelled


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Family Fest

Family Fest was enjoyed by well over 4,000 people from Stony Plain and surrounding

communities.

Photo submitted by Karie Nothof

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Corporate Services

Photo submitted by Trina Sroka

Financial Services

Budget Position

Municipal Operating Budget

The Budget & Long Term Planning Policy C-FS-004 requires quarterly reporting on

operating and capital budgets to Council. Final numbers are not complete until

following Audit; the Audited Financial Statements for 2014 will be presented to

Council on April 27th.

Operating Revenue recognized as of December 31st, 2014 is 115.34% of the budgeted

revenue; this does not include environmental services or the golf course. A large part

of the revenue is from the tax base. The portion of the revenue that was not budgeted

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was the land sales on 28th St that resulted in additional revenue, the offset of this is in

the expenses as the revenue is transferred to the General Purpose Reserve.

Operating Expenses recognized as of December 31st, 2014 is 110.25% of budget.

At this time year-end projections are showing a surplus, after funding two deficits, from

the golf course and waste management. The surplus will be coming to Council on

March 9th, 2015 for review.

Environmental Services Operating Budget

Operating revenues recognized as of December 31st, 2014 are at 97.75% of the

budgeted revenue in Water. The operating revenue in Waste Water is recognized at

102.23% as of December 31st, 2014. In Waste Management revenue is recognized at

93.96% of the operating expense as of December 31st, 2014.

At this time the forecast is showing a small deficit in Water, this is a result of the

additional charge per cubic metre of $0.06 that was not known at the time of preparing

the budget. The transfer to the Capital Water Reserve has been reduced to cover this

deficit.

The Waste water budget is forecasting a surplus at this time; the surplus is transferred

to the Utility Rate Stabilization Reserve. Waste Management is forecasting a large

deficit at this time. The recycling deficit is proposed to be funded from the general tax

base as there are additional costs realized from increased users. The remainder of the

deficit is funded from the Utility Rate Stabilization Reserve and reducing transfers to

reserves.

Golf Course Operating Budget

The Golf Course operating revenues recognized as of December 31st, 2014 are at

89.55% of the budgeted revenues. The Golf Course operating expenses recognized as

of December 31st, 2014 are at 98.73% of the budgeted expenses. The Golf Course is

estimating a deficit at year-end of approximately $160,000.

The final numbers will not be realized until the Audit is complete.

Municipal Capital Budget

There are 33 municipal capital projects in progress for the 2014 fiscal year, 15 projects

will carry forward to 2015.

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$6,571,426.05 has been spent of the budgeted $21,475,455 (30.60%) Of the 33

projects 18 are complete. The new Community Centre is listed in the carry forward

projects; this project represents 44% of the capital budget.

Reserves

As per Policy C-FS-005 Appropriated Surplus (Reserves) the Town of Stony Plain

recognizes that reserves are vital to the municipal financial health. Healthy levels of

reserves enable the Town of Stony Plain to:

Plan for the future operating and capital needs to the municipality

Plan for contingencies

Help to avoid interest expense for debt

Generate investment income

Deal with the ebb and flow of cash management throughout the fiscal year.

The Town currently maintains 43 reserves for capital, operating and utility purposes.

The policy requires a quarterly reporting of reserve balances, the year projected

balance as of the end of December which includes operating commitments is

$19,365,023 including outstanding receivables.

Investments

The Town is maintaining an investment portfolio that is a mixture of long term and short

term maturities; permitting the Town to earn a rate of return while ensuring adequate

cash flow, as per Policy C-FS-001, Cash Management & Investments. $14,016,512.33

is invested in short term investments up to and including one year; $10,344,719.58 is

the book value of the long term bond investments. The long term bond investments are

a mixture of 84% A (high and low) rated and 16% AA (low) rated. Recently the

investment rate for short term has declined with the announcement of the Bank of

Canada lowering their interest rate. Administration is working with our investment

advisor to find solutions to maximize the town’s investments while still maintaining an

available cash flow.

Debt

The Town of Stony Plain’s Debt Management Policy C-FS-002, outlines the types of

debt and financing the Town may undertake. Under the Municipal Government Act,

Alberta Regulation 255/2000, the debt limit for the Town is calculated at 1.5 times its

revenue, and the debt service limit is calculated at 0.25 times such revenue. The

Policy C-FS-002 stipulates that the Town will adhere to the debt limit set by the MGA.

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The Town Manager or designate shall report quarterly to council regarding the Town’s

compliance with this policy. The current debt outstanding as of December 31st, 2014 is

$9,792,180.03. The outstanding debt is 21.127% of the debt limit determined as of

December 31st, 2013.

Conclusion

Administration continues to operate and provide municipal services within the operating

and capital budgets. The Town of Stony Plain maintains a healthy financial position.

The Town is continuing to maintain and grow a healthy reserve balance, responsible

investment of the Town’s liquid assets, and a low debt limit.

Photo submitted by Eva Byer

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December 31st, 2014

Capital Projects Budget Expenditures Status

Community Centre 9,400,000.00$ 10,066.50$ Carry Forward

GC Maintenance Shop 100,597.00$ 19,455.06$ Carry Forward

Municipal Area Connectivity 116,869.00$ 53,328.69$ Complete

28th ST Construction 226,148.00$ 261,952.06$ Complete

Boulder Blvd Rd 471,354.00$ 378,015.23$ Carry Forward

North Pk Dr 16A to Boulder Blvd 2,124,697.00$ 1,514,647.58$ Carry Forward

EMS Facility/ Parkland County 1,000,000.00$ 1,000,000.00$ Complete

South Park Drive/ 43rd Ave Sidewalks 1,753,967.00$ 1,077,571.06$ Carry Forward

Briarwood Way 950,000.00$ -$ Carry Forward

Golf Course Storm Mgmt system 450,000.00$ 52,276.00$ Carry Forward

2014 SIP 361,000.00$ 102,639.45$ Carry Forward

Wellness Park 90,016.00$ 87,738.54$ Complete

PW Air Quality Improvement 32,000.00$ 12,997.95$ Complete

PW Concrete Apron 60,000.00$ 64,407.00$ Complete

Arena Insulate/Exterior Cladding 550,000.00$ -$ Carry Forward

Arena Roof Replacement 600,000.00$ -$ Carry Forward

Library Mcehanical Roof Top Replacement 85,000.00$ 46,560.00$ Complete

Server Room A/C 14,500.00$ 14,488.00$ Complete

Upgrade to Sportsfields 50,000.00$ -$ Carry Forward

Rotary Trail 72,350.00$ 23,446.02$ Complete

Memorial High School Trail 100,000.00$ 54,184.10$ Carry Forward

Trail Additons 52,968.00$ 23,669.39$ Complete

Westerra Park 250,000.00$ -$ Carry Forward

Ice Edger 6,300.00$ 5,882.49$ Complete

Pool Life Cycle Upgrades 884,489.00$ 617,525.92$ Carry Forward

Golf Course Equipment 70,000.00$ 29,793.77$ Carry Forward

Snow Blower 51,200.00$ 43,470.00$ Complete

Turf Sweeper 35,000.00$ 33,771.72$ Complete

Fire Rescue 3 275,000.00$ 272,665.89$ Complete

Tractor 75,000.00$ 68,000.00$ Complete

Traffic Signal Lights (3sets) 975,000.00$ 518,439.50$ Complete

Fleet Replacement 114,000.00$ 107,882.00$ Complete

Replace 1999 Squad 78,000.00$ 76,552.13$ Complete

Total 21,475,455.00$ 6,571,426.05$ 30.60%

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Q1 Q2 Q3 October November December

2014 Investments $15,608,398 $19,518,081 $24,695,545 $23,967,540 $24,695,545 $24,361,232

2013 Investments $15,000,000 $17,630,417 $19,846,761 $21,676,726 $19,846,761 $18,650,057

$-

$5,000,000.00

$10,000,000.00

$15,000,000.00

$20,000,000.00

$25,000,000.00

$30,000,000.00

Investment Comparison Q4 2014/2013

Q1 Q2 Q3 October November December

2014 Interest 51,062.00 212,043.00 72,304.00 11,145.11 12,552.14 332,734.79

2013 Interest 25,323.00 55,284.00 204,997.00 22,110.13 14,172.61 224,190.03

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

350,000.00

Interest Comparison Q4 2014/2013

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PROJECTED RESERVES FOR

THE PERIOD ENDING

December 3st, 2014

CAPITAL Q1 Q2 Q3 Q4

Outstanding

Commitments

from 2014

Y/E Projected

Balance less

Outstanding

Commitments

OFFSITE AND DEVELOPER CONTRIBUTION

Offsite Roads 5,585,630 5,633,206 6,088,178 6,352,198 - 6,352,198

Offsite Storm Sew er 682,517 688,281 737,419 766,870 - 766,870

Offsite Water 880,957 888,184 924,100 950,037 - 950,037

Offsite Sew er 1,660,606 1,674,865 1,733,828 1,783,631 - 1,783,631

Developer Cont - Recreation 802,927 713,126 730,916 853,143 449,124 404,019

LIFE CYCLE RESERVES - -

Life Cycle - Common Services 63,933 108,933 95,935 31,528 - 31,528

Life Cycle - Arena 264,725 302,264 304,052 315,034 202,500 112,534

Life Cycle - Pool 171,815 173,620 173,620 141,801 23,181 118,620

Life Cycle - Community Center 174,102 174,102 174,102 174,102 - 174,102

Life Cycle -Heritage Park 37,621 62,621 62,621 62,621 - 62,621

Life Cycle - Parkland Building 89,738 99,738 99,738 99,738 - 99,738

Life Cycle - Library 116,653 110,093 110,093 110,093 - 110,093

Life Cycle - Tow n Admin Blding 308,428 348,428 348,428 333,940 - 333,940

Life Cycle- Firehall 133,556 158,556 158,556 158,556 - 158,556

Life Cycle- Youth Centre 40,409 50,409 50,409 50,409 - 50,409

Life Cycle- Outdoor Rec 30,223 70,223 70,223 70,223 50,000 20,223

CAPITAL EQUIPMENT REPLACEMENT -

Fire Truck Replacement 224,081 208,502 105,643 105,643 - 105,643

Fire Equip Replacement 82,158 112,461 106,400 19,636 - 19,636

Handi Bus Replacement 83,420 98,420 98,420 98,420 - 98,420

Capital Equipment Replacement 30,231 303,379 293,396 290,626 - 290,626

GENERAL CAPITAL RESERVES -

Capital Reserve - Gen Gov't 128,428 163,428 168,428 168,428 - 168,428

Capital Reserve - Roads 145,822 345,404 345,404 345,404 289,918 55,486

Capital Reserve - Water 428,476 1,063,016 1,061,385 1,059,848 - 1,059,848

Capital Reserve - Sew er 527,291 983,853 655,844 619,419 451,085 168,334

Capital Reserve - Waste Mgmt 53,108 68,671 68,570 54,332 - 54,332

OTHER RESERVES -

Arena Ice Slab Overborrow Resv 82,722 82,722 82,722 82,722 83,000 278-

Trails Reserve 134,170 191,995 115,432 114,142 45,816 68,326

Highw ay 16A Safe Crossing 43,176 43,176 43,176 43,176 - 43,176

Public 194,317 195,848 195,561 199,148 - 199,148

General Purpose 624,845 841,934 823,244 1,173,919 137,310 1,036,609

Golf Course 87,550 87,550 87,550 87,550 - 87,550

CAPITAL RESERVES TOTAL 13,913,634 16,047,007 16,113,392 16,716,337 1,731,934 14,984,403

OPERATING RESERVES Q1 Q2 Q3 Q4

Approved

Funding and

Transfers

Y/E Projected

Balance

Mural Preservation 45,099 55,099 55,099 49,955 - 49,955

Tax Levy Stabilization 351,076 335,133 305,278 285,566 249,500 36,066

UT Rate Stabilization 696,475 701,962 699,036 680,041 110,000 570,041

Family Fest 1,282 - - - - -

Snow Removal 0 0 0 136,461 - 136,461

Japanese Tw inning Program 5,054 5,094 5,087 5,143 - 5,143

Safety Rebate Reserve 62,095 109,996 108,793 104,553 - 104,553

Public Art Reserve 21,722 21,722 21,722 21,722 - 21,722

Policing and Public Safety Reserve 1,450,358 1,530,124 1,497,606 2,177,723 127,204 2,050,519

Legislative Reserve - 15,500 15,500 15,500 - 15,500

Legacy Reserve 564,674 619,604 618,695 617,481 - 617,481

Technology Capital 54,598 69,229 69,229 69,229 - 69,229

OPERATING RESERVES TOTAL 3,252,434 3,463,462 3,396,045 4,163,374 486,704 3,676,670

TOTAL 17,166,068 19,510,469 19,509,437 20,879,711 2,218,638 18,661,073

Outstanding Receivables 743,264 725,811 722,075 703,950 - 703,950

NET RESERVES 16,422,804 18,784,658 18,787,362 21,583,661 2,218,638 19,365,023

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Municipal Debt Limits Based on 2013 Year End

Q1 Q2 Q3 Q4

Y/E ProjectedBalance lessOutstanding

Commitments

CAPITAL RESERVES TOTAL 13,913,634 16,047,007 16,113,392 16,716,337 14,984,403

OPERATING RESERVES TOTAL 3,252,434 3,463,462 3,396,045 4,163,374 3,676,670

TOTAL 17,166,068 19,510,469 19,509,437 20,879,711 18,661,073

-

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

Projected Reserve Balances for the Period Ending December 2014

2013 2012 2011 2010

Municipal Debt Limits $46,349,852 $42,803,838 $37,009,367 $35,557,485

Outstanding Debt $10,806,481 $9,228,368 $6,009,103 $5,755,983

Total Debt Limits available $35,543,371 $33,575,470 $31,000,264 $29,801,502

$-

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

$45,000,000

$50,000,000

Municipal Debt Limit Versus Outstanding Debt

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2013 2012 2011 2010

Municipal Debt Service Limit $7,724,975 $7,133,973 $6,168,228 $5,926,248

Debt Service $1,440,235 $1,265,212 $685,527 $759,571

Service on Debt Limit available $6,284,740 $5,868,761 $5,482,701 $5,166,677

$- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000

Municipal Debt Service Limit Versus Debt Service

town of stony plain 2014 quarterly report q4, 2014 · the quarterly report provides a consolidated...

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