2011 Municipal Study - City of Brantford

Municipal Study 2011Water Net Financial Liabilities RatioNet Financial Ratio is debt principal outstanding minus reserves as a percentage of operatingrevenue. This Ratio indicates the extent to which financial liabilities could be met by its operatingrevenue. Where this ratio is falling it indicates that the municipality’s capacity to meet its financialobligations from operating revenue is strengthening. An increase in the net financial liabilities ratiomeans that a municipality is incurring higher net operating costs (e.g. as a result of additionalmaintenance and amortization costs associated with acquiring new assets). There is no optimalnumber or range for this indicator. What is important is that a municipality understands and iscomfortable with the ratio that has been determined based on future needs and long term financialsustainability.2010 Total Water NetWater Own FinancialWater Debt 2010 Water Source LiabilityMunicipality Outstanding Reserves Revenues RatioBarrie $ 496,708 $ 31,254,480 $ 17,925,794 -171.6%Fort Frances $ 4,140,807 $ 2,439,272 -169.8%Lincoln $ 2,847,232 $ 2,233,772 -127.5%King $ 197,000 $ 1,507,704 $ 1,111,505 -117.9%Thorold $ 2,337,546 $ 2,810,181 -83.2%Guelph $ 5,794,739 $ 18,309,778 $ 17,980,134 -69.6%Tecumseh $ 1,123,758 $ 4,605,556 $ 5,118,476 -68.0%Kingston $ 5,233,536 $ 16,960,394 $ 17,543,904 -66.8%Markham $ 25,026,347 $ 39,454,513 -63.4%London $ 2,864,228 $ 39,836,087 $ 59,323,350 -62.3%West Lincoln $ 646,061 $ 1,153,184 -56.0%Stratford $ 31,940 $ 1,899,113 $ 3,850,939 -48.5%Kenora $ 1,105,711 $ 2,592,692 -42.6%Cornwall $ 2,895,194 $ 6,852,421 -42.3%The Blue Mountains $ 1,680,000 $ 2,916,159 $ 2,950,306 -41.9%Penetanguishene $ 463,778 $ 1,608,557 -28.8%Whitchurch-Stouffville $ 876,982 $ 3,508,751 -25.0%Leamington $ 13,051,264 $ 16,043,645 $ 12,786,419 -23.4%St. Thomas $ 1,801,653 $ 3,334,810 $ 8,110,674 -18.9%Woolwich $ 517,424 $ 788,389 $ 1,741,253 -15.6%Niagara Falls $ 202,680 $ 947,163 $ 8,203,322 -9.1%Hamilton $ 928,910 $ 7,609,637 $ 73,725,557 -9.1%Cambridge $ 1,896,796 $ 21,227,476 -8.9%Toronto $ 29,154,182 $ 335,356,441 -8.7%Greater Sudbury $ 3,757,691 $ 5,248,238 $ 25,145,888 -5.9%Kitchener $ 31,441,615 0.0%Timmins $ 8,751,261 0.0%Sault Ste. Marie $ 11,411,192 0.0%Waterloo $ 1,493,791$ 16,506,843 9.0%Middlesex Centre $ 251,420$ 1,528,364 16.5%Quinte West $ 2,238,000 $ 912,525 $ 7,649,498 17.3%Fort Erie $ 2,440,392 $ 1,172,192 $ 6,842,284 18.5%Water/Wastewater316