Q3 Financial Update (2016) Governance - Statement of Operations
(in thousands of dollars)
This department consists of the Members of Council, the Office of the Regional Chair, and the Clerks Secretariat & Administration. Members of Council and the Office of the Regional Chair provide the overall political leadership of the organization. The Clerks Secretariat & Administration supports Regional Council and its Committees enabling effective decision making based on meaningful public engagement in accordance with legislative requirements, including those relating to transparency and accountability in the governing process.
| Year to Date | Annual | |||||||
|---|---|---|---|---|---|---|---|---|
| Budget | Actual | Variance | Budget | Forecast | Variance | |||
| Expenses | ||||||||
| Compensation | $1,673 | $1,687 | $(15) | (0.9%) | $2,222 | $2,239 | $(17) | (0.8%) |
| Administrative | 224 | 168 | 56 | 24.9% | 299 | 261 | 38 | 12.8% |
| Operational & Supply | 1 | - | 1 | 100.0% | 1 | 1 | - | 0.0% |
| Equipment, Vehicles, Technology | 3 | 2 | 2 | 48.0% | 5 | 3 | 1 | 25.1% |
| Partnership, Rebate, Exemption | 4 | 6 | (2) | (40.8%) | 5 | 8 | (2) | (38.4%) |
| Total Expenses | 1,905 | 1,863 | 42 | 2.2% | 2,532 | 2,512 | 20 | 0.8% |
| Revenues | ||||||||
| By-Law Charges & Sales | - | - | - | 0.0% | (1) | - | (1) | 100.0% |
| Other Revenue | (24) | (27) | 3 | (11.1%) | (32) | (36) | 3 | (10.2%) |
| Total Revenues | (24) | (27) | 3 | (11.1%) | (33) | (36) | 3 | (8.5%) |
| Intercompany Charges | ||||||||
| Intercompany Charges | 6 | 3 | 3 | 48.6% | 8 | 5 | 3 | 36.4% |
| Total Intercompany Charges | 6 | 3 | 3 | 48.6% | 8 | 5 | 3 | 36.4% |
| Net Expenditure (Revenue) Before Transfers & Indirect Allocations | 1,887 | 1,839 | 48 | 2.5% | 2,508 | 2,482 | 26 | 1.0% |
| Indirect Allocations & Debt | ||||||||
| Indirect Allocation | 406 | 471 | (65) | (13.8%) | 537 | 609 | (71) | (13.3%) |
| Capital Financing Allocation | 157 | 175 | (18) | (10.1%) | 184 | 199 | (15) | (8.3%) |
| Total Indirect Allocations & Debt | 563 | 645 | (83) | (14.7%) | 721 | 808 | (87) | (12.0%) |
| Net Expenditure (Revenue) After Transfers & Indirect Allocation | $2,450 | $2,485 | $(35) | (1.4%) | $3,229 | $3,290 | $(61) | (1.9%) |
Variance Analysis (in thousands of dollars)
Administrative
The favourable year-to-date variance of $56 is due to the timing of the annual Niagara Week event, a politically led advocacy initiative that brings priority issues facing the Niagara Region to the provincial level. Expenditures related to this event are anticipated to be less than budgeted resulting in a favourable forecasted variance of $38.
Community Impact & Achievements
2016 Project Updates/Accomplishments:
- Implementation of Regional Council's 2015 to 2018 Business Plan to foster an environment for economic prosperity.
- Joined Provincial Government and Ministry of Transportation to announce daily weekday GO Train service to Niagara Falls.
- Through the Niagara Gateway Community Improvement Plan Incentive Program and continued elimination of industrial development charges, Niagara Region secured GE Canada's new 'brilliant' manufacturing facility in Welland.
- Supported a low-tax position by directing staff to develop budget options and undertake public engagement with tax levy guidance of a 1 per cent increase.
- Designated by the Government of Canada as the first Foreign Trade Zone (FTZ) Point in the province of Ontario, which will support business growth in Niagara and facilitate cross-border trade. A Niagara FTZ Private Sector Steering Committee was established to support this initiative with private sector input and held its inaugural meeting in May 2016.
- The Intermunicipal Transit working group has connected with stakeholders to gather feedback on options and service improvements. The working group will be bringing forward an update in November 2016 on the inter-municipal transit study to the local councils of St. Catharines, Niagara Falls and Welland, as well as the Niagara Regional Council before the options being considered are presented to the public for further consultation and input.
- Promoted the following projects at the Association of Municipalities Ontario Conference: Prudhommes Development in Lincoln, provincial plans (Municipal Comprehensive Review and Coordinated Land Use Planning Review), homelessness and direct benefits, energy policy and wetlands mapping.
- Council initiated a forensic audit of the Burgoyne Bridge Replacement Project during which costs have increased from $45M to approximately $91M.
- Sponsored the Niagara Economic Summit and the Ontario Economic Summit, both being hosted in Niagara-on-the-Lake in October 2016.
- Launched Niagara's Polystyrene Foam Densifier and Fibre Optical Sorting System in partnership with the Canadian Plastic Industry Association and Waste Diversion Ontario. This is the first Polystyrene Foam Densifier located in a municipal facility in Ontario.
- Hosted a federal pre-budget roundtable with Members of Parliament Vance Badawey and Chris Bittle, Niagara's Mayors and Economic Development Officers on Niagara's priorities for the upcoming federal budget.
- Regional Council hired a new Chief Administrative Officer for the Niagara Region, effective October 31, 2016.
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