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

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

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Capital operations2010 2009 2008 2007 2006(000’s) (000’s) (000’s) (000’s) (000’s)Tax Levy Supported Debt - Per Capita $28.02 $29.96 $28.73 $26.29 $25.72Debt Repayment Policy % Limits - As a % of Revenue Fund Revenues*Ministry of Municipal Affairs & Housing’s Policy 25% 25% 25% 25% 25%Town of <strong>Oakville</strong>’s Policy % LimitsTotal Annual Debt Repayment 12% 12% 12% 12% 12%Tax Levy Support Debt Repayment 6.25% 6.25% 6.25% 6.25% 6.25%Actual %Total Annual Debt Repayment 4.20% 4.56% 4.70% 3.68% 3.62%Tax Levy Supported Debt Repayment 3.05% 3.56% 3.61% 3.48% 3.49%* “Revenue Fund Revenues” - Ministry calculation requires that all grant funding and revenue from other municipalities be excludedPrincipal Corporate Tax Payers• Ford Motor Company• Cambridge Leaseholds - <strong>Oakville</strong> Place Shopping Mall• 2121049 Ontario Limited - Burloak Shopping Centre• Silgold Developments Inc.• <strong>Oakville</strong> Entertainment Holdings Inc.• Petro-Canada• 2725321 Canada Inc. - Town Centre I Shopping Plaza• Sun Life Assurance Company of Canada - Town Centre IIShopping Plaza• Calloway Reit (Hopedale) Inc.• Upper <strong>Oakville</strong> Shopping Centre Limited• Great West Life and London Life<strong>Oakville</strong> was awarded the GovernmentFinance Officers Association (GFOA) -Canadian Award for Financial Reporting(CanFR) for the thirteenth consecutive year.Town of <strong>Oakville</strong> 2010 Annual Report | 48

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