Laserfiche WebLink
Fund Outlook: <br />Even though the fund balance projects negative $125,870 by 2033, there are likely sufficient revenues to <br />fund the improvements identified for the next ten years since it is unlikely that all these properties will <br />be available for purchase. <br /> <br /> <br />Fire Equipment Fund (457) <br /> <br />Background: <br />The Fire Equipment Fund was created in 2013 to accumulate funds for future fire apparatus purchases. <br />The property tax levy has been set at a constant level of funding of $160,000 per year since that time. <br /> <br />Source of Funds: <br />The property tax levy of $160,000 per year is main source of funding for this fund. In addition, the Little <br />Canada Fire Department makes periodic donations to the City, which are accounted for in this fund. <br /> <br /> <br />Uses of Funds: <br />The following are the equipment purchases in future years: <br />9