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<br />MAYOR - MAIRE <br />GARY McNAMARA <br /> <br />THE CORPORATION OF THE <br /> <br />COUNCILLORS - CONSEILLERS <br />JOE BACHETTI <br />MARCEL BLAIS <br />GUY DORION <br />JOIE JOBIN <br />RITA OSSINGTON <br /> <br /> <br />DIRECTOR OF STAFF SERVICES/CLERK <br />LAURA MOY <br /> <br /> <br />DEPUTY MAYOR - SOUS MAIRE <br />TOM BURTON <br /> <br />DEPUTY CLERK <br />SUSAN MAZZEI <br /> <br /> <br />917 LESPERANCE ROAD <br />TECUMSEH, ONTARIO· N8N 1W9 <br /> <br />TOWN OF TECUMSEH <br />STAFF SERVICES / CLERK'S <br />DEP ARTMENT <br /> <br />PHONE (519) 735-2184 . FACSIMILE (519) 735- <br />6712 <br /> <br />.va <br /> <br />TO <br /> <br />Mayor and Members of Council <br /> <br />5:/J.- <br /> <br />FROM <br /> <br />Laura Moy, Director Staff Services/Clerk <br /> <br />1'0.:1 <br />c:::I <br />a) <br /> <br />3: 8 <br />~ c:"'O <br />.: SI <br />mi <br />z <br />G) <br /> <br />DATE March 14,2006 <br /> <br />SUBJECT Budget Reporting <br /> <br />RECOMMENDATIONS: <br /> <br />It is recommended that: <br /> <br />1. The following resolution be considered by Tecumseh Council for adoption: <br /> <br />Whereas pursuant to Section 290(1) of the Municipal Act, 2001, R.S.O. 2001 c.25, a <br />local municipality shall in each year prepare and adopt a budget including estimates <br />of all sums required during the year for the purposes of the municipality; <br /> <br />And Whereas pursuant to Section 290(2) of the Municipal Act, the budget shall, in <br />such detail and form as the Minister may require, set out the estimated revenues, <br />including the amount the municipality intends to raise on all the rateable property in <br />the municipality by its general local municipality levy and on less than all the rateable <br />property in the municipality by a special local municipality levy under section 312, <br />and the estimated expenditures; and provide that the estimated revenues are equal <br />to the estimated expenditures <br /> <br />And Whereas municipalities provide details of their respective annual budgets in <br />diverse forms to the public, including any increases over the previous year's budget; <br /> <br />And Whereas it is difficult for the public to understand the true increase in their taxes <br />from year to year; <br /> <br />And Whereas the diverse forms of annual budgets by municipalities does not permit <br />a true comparison of municipalities' budgets; <br />