Sixteen Mile Sports Complex | Officially opened ... - Oakville

Notes to Consolidated Financial StatementsYear ended December 31, 2010(tabular columns in thousands of dollars)2009PlanningGovernance Parks, Roads and DevelopmentCorporate Building Recreation Works & Economic OtherServices Fire Services & Culture Engineering Transit Development Services TotalRevenueTaxation $ 23,063 23,913 123 32,974 26,732 12,281 3,202 1,222 123,510Ontario grants 305 - - 1,828 387 482 - 5 3,007Canada grants - - - 453 - 300 22 - 775Gas tax revenues 597 - - - 4,378 3,670 - - 8,645Other municipalities 23 - - 421 3,181 670 - - 4,295Oakville Hydro 4,713 - - - - - - - 4,713User fees and service charges 1,957 42 4,980 14,797 4,302 5,953 3,053 240 35,324Investment income 7,131 - - - - - - - 7,131Penalties and interest 3,062 - - - - - - - 3,062Developer contributions anddevelopment charges earned (17,010) 725 - 33,105 26,904 2,851 1,412 - 47,987Equity in Income in Oakville Hydro 4,725 - - - - - - - 4,725Other 808 - - 1,044 1,863 473 3 - 4,19129,374 24,680 5,103 84,622 67,747 26,680 7,692 1,467 247,365ExpendituresSalaries, wages and benefits 19,193 21,327 4,751 27,770 12,521 11,645 5,142 300 102,649Debt expense - 13 - 514 869 8 - - 1,404Materials (2,558) 372 1,994 6,910 1,291 3,242 567 169 11,987Contracted services 9,274 1,537 930 10,533 16,196 1,588 1,120 1,160 42,338Rents and financial expenses 106 - - 370 47 52 - - 575External transfers 208 - - 1,083 287 94 37 - 1,709Amortization 2,409 1,130 5 11,735 18,211 2,771 6 60 36,32728,632 24,379 7,680 58,915 49,422 19,400 6,872 1,689 196,989Surplus (deficit) of revenuesover expenditures $ 742 $ 301 $ (2,577) $ 25,707 $ 18,325 $ 7,280 $ 820 $ (222) $ 50,376Town of Oakville 2010 Annual Report |42