Craig Bakay | Jul 03, 2019
Addington Highlands’s accumulated surplus was up about a half a million dollars in 2018 over 2017, auditor Adam Young of Secker, Ross & Perry LLP told Council at its regular meeting Tuesday afternoon in Flinton.
The actual accumulated surplus at the end of the year was $13,311,584 (budget was $13,601,636) as opposed to $12,786,095 in 2017.
He said part of the reason for that was that revenues were up 9 per cent while expenses were up only 6 per cent and a substantial increase in the Ontario Municipal Partnership Fund grant from the Province.
He also noted that reserves have grown to $3,965,858 at the end of the year from $3,486,166 at the beginning of the year.
Dep. Reeve Tony Fritsch asked how the reserves numbers compared to what they should be.
“It’s hard to benchmark these,” said Young. “I’ve never been able to find a quality benchmark tool.”
Similarly, Young said the Township’s landfill closure/post closure responsibility of $4.187 million was “as close as we can get it because of measurement uncertainty. There are a lot of variables.”
Young said staff was very cooperative in providing information and there were no irregularities.
“We certainly didn’t become aware of any unusual acts,” he said. “If there were, you’ have heard from me long before this.”
Roads remain dust free so far
Roads and Waste Management Supervisor Brett Reavie said that grading continues in the Township and so far, he hasn’t had to use any calcium to keep dust down because due to the rain.
“I haven’t heard one complaint,” he said.
Council agreed that none of them had heard any dust complaints either.
“It’s all a matter of timing,” said Reeve Henry Hogg. “As long as on Saturday afternoon, it rains.”
Longer LCBO hours?
Dep. Reeve Tony Fritsch received Council’s permission to write to the LCBO requesting longer hours for the Denbigh store.
“That store has ended up with reduced hours at peak times,” Fritsch said. “Like long weekends, holidays and Friday evenings. One local business observed 40 people driving in after the store had closed and that’s dollars going out of the community.”
During the Spring of 2019, the Township experienced significant flooding, primarily in the north end of the municipality, which caused a number of township roads to wash out. The cost incurred to repair this damage was not included in the 2019 Budget. Since these costs are expected to exceed 3% of the township portion of its levy to ratepayers, AH is eligible to submit a claim to the Ontario Municipal Disaster Recovery Program, which CAO Christine Reed is planning to do. The township could receive 75% of the cost they incurred up to the 3% threshold, and 95% of the costs beyond that. Council passed a bylaw requesting relief authorizing Reed be delegated the authority to attest to the costs and verify the accuracy of the claim.
Council on the fence over level 2 Energy Analysis of AH Community Centre – Denbigh.
The township’s revised Conservation and Demand Management Plan, which was approved in June, identified high energy costs at the former Denbigh School, which has been converted into a community centre.
J.L. Richards has provided a quote to complete such a study, but council had a bit of sticker shock at the price, up to $16,000. Council members will take some time to review the proposal and will then decide whether to proceed.
The next Council meeting takes place on August 6 in Denbigh at 7pm.