The Town of Outlook has provided The Outlook with highlights of its 2019 Capital and Operating Budget.
See below for all the numbers related to revenues and expenditures, including the figures allotted for the 2019 Budget, as well as the 2018 and 2017 Actual figures.
ACCRUAL BUDGET
REVENUES
Taxes
2019 Budget - 2,309,259
2018 Actual - 2,295,113
2017 Actual – 2,027,149
Unconditional Grants from Other Governments
2019 Budget - 660,479
2018 Actual - 641,502
2017 Actual - 648,931
Fees and Charges
2019 Budget - 982,870
2018 Actual - 1,352,330
2017 Actual - 1,192,718
Maintenance and Development Charges
2019 Budget - 9,340
2018 Actual - 9,343
2017 Actual - 9,343
Utilities
2019 Budget - 802,130
2018 Actual - 814,682
2017 Actual - 1,704,782
Conditional Grants from Other Government
2019 Budget - 172,953
2018 Actual - 327,810
2017 Actual – 565,331
Capital Asset Proceeds
2019 Budget - 1,000
2018 Actual - -
2017 Actual – (22,237)
Land Sales – Gain (Loss)
2019 Budget – 150,000
2018 Actual – 3,744
2017 Actual – 52,417
Investment Income and Commissions
2019 Budget – 44,200
2018 Actual – 36,075
2017 Actual – 37,917
Other Revenues
2019 Budget – 2,000
2018 Actual – 2,125
2017 Actual – 40,692
Less: Loan Proceeds
2019 Budget - -
2018 Actual – (500,000)
2017 Actual – (1,353,850)
TOTAL REVENUES
2019 Budget – $5,134,231
2018 Actual - $4,982,724
2017 Actual - $4,903,193
EXPENDITURES
General Government
2019 Budget – 748,723
2018 Actual – 836,857
2017 Actual – 899,181
Protective Services
2019 Budget – 355,281
2018 Actual – 315,349
2017 Actual – 348,710
Transportation Services
2019 Budget – 1,082,264
2018 Actual – 845,328
2017 Actual – 2,188,789
Environmental Health Services
2019 Budget – 1,028,720
2018 Actual – 1,907,141
2017 Actual – 921,194
Planning and Development Services
2019 Budget – 37,100
2018 Actual – 18,385
2017 Actual – 118,579
Recreation and Cultural Services
2019 Budget – 1,364,282
2018 Actual – 728,668
2017 Actual – 791,573
Utilities
2019 Budget – 1,263,499
2018 Actual – 827,786
2017 Actual – 4,324,613
Less: Capital Purchases
2019 Budget – (607,850)
2018 Actual – (93,889)
2017 Actual – (5,429,388)
Less: Loan Repayment
2019 Budget – (354,979)
2018 Actual – (205,710)
2017 Actual – (11,524)
TOTAL EXPENDITURES
2019 Budget - $4,917,039
2018 Actual - $5,179,915
2017 Actual - $4,151,727
CHANGE IN NET FINANCIAL ASSETS
2019 Budget – 217,192
2018 Actual – (197,191)
2017 Actual – 751,466
Transfer To (From) Appropriated Funds
2019 Budget – 407,400
2018 Actual – (367,166)
2017 Actual – (741,779)
Recovery of Prior Year Deficit
2019 Budget – (197,191)
2018 Actual - -
2017 Actual - -
ACCRUAL SURPLUS (DEFICIT)
2019 Budget - $427,401
2018 Actual – ($564,357)
2017 Actual - $9,687
CASH BUDGET
REVENUES
Taxes
2019 Budget - 2,309,259
2018 Actual - 2,295,113
2017 Actual – 2,027,149
Unconditional Grants from Other Governments
2019 Budget - 660,479
2018 Actual - 641,502
2017 Actual - 648,931
Fees and Charges
2019 Budget - 982,870
2018 Actual - 1,352,330
2017 Actual - 1,192,718
Maintenance and Development Charges
2019 Budget - 9,340
2018 Actual - 9,343
2017 Actual - 9,343
Utilities
2019 Budget - 802,130
2018 Actual - 814,682
2017 Actual - 1,704,782
Conditional Grants from Other Government
2019 Budget - 172,953
2018 Actual – 193,146
2017 Actual – 364,342
Capital Asset Proceeds
2019 Budget - 1,000
2018 Actual - -
2017 Actual – (22,237)
Land Sales – Gain (Loss)
2019 Budget – 150,000
2018 Actual – 3,744
2017 Actual – 52,417
Investment Income and Commissions
2019 Budget – 44,200
2018 Actual – 36,075
2017 Actual – 37,917
Other Revenues
2019 Budget – 2,000
2018 Actual – 2,125
2017 Actual – 40,692
TOTAL REVENUES
2019 Budget - $5,134,231
2018 Actual - $5,348,060
2017 Actual - $6,056,054
EXPENDITURES
General Government
2019 Budget – 748,723
2018 Actual – 836,857
2017 Actual – 899,181
Protective Services
2019 Budget – 355,281
2018 Actual – 315,349
2017 Actual – 348,710
Transportation Services
2019 Budget – 1,082,264
2018 Actual – 845,328
2017 Actual – 2,188,789
Environmental Health Services
2019 Budget – 1,028,720
2018 Actual – 1,907,141
2017 Actual – 921,194
Planning and Development Services
2019 Budget – 37,100
2018 Actual – 18,385
2017 Actual – 118,579
Recreation and Cultural Services
2019 Budget – 1,364,282
2018 Actual – 728,668
2017 Actual – 791,573
Utilities
2019 Budget – 1,263,499
2018 Actual – 827,786
2017 Actual – 4,324,613
Less: Depreciation Expense
2019 Budget – (561,510)
2018 Actual – (546,342)
2017 Actual – (492,275)
TOTAL EXPENDITURES
2019 Budget - $5,318,358
2018 Actual - $4,933,172
2017 Actual - $9,100,364
CHANGE IN NET FINANCIAL ASSETS
2019 Budget – (184,127)
2018 Actual – 414,888
2017 Actual – (3,044,310)
Transfer from Savings
2019 Budget – 184,250
2018 Actual - -
2017 Actual – 1,690,460
Bank Indebtedness
2019 Budget - -
2018 Actual – 500,000
2017 Actual – 1,353,850
CASH SURPLUS (DEFICIT)
2019 Budget – 123
2018 Actual – 914,888
2017 Actual - -
