Consolidated Financial Statements of the
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
December 31, 2020
TABLE OF CONTENTS
Management’s Report
Independent Auditor’s Report 2-3
Consolidated Statement of Financial Position 4
Consolidated Statement of Operations and Accumulated Surplus 5
Consolidated Statement of Change in Net Financial Assets (Debt) 6
Consolidated Statement of Cash Flows 7
Notes to the Consolidated Financial Statements 8-21
Schedule I – Consolidated Schedule of Deferred Revenues 22
Schedule 2 – Consolidated Schedule of Tangible Capital Assets 23-24
Schedule 3 – Consolidated Schedule of Accumulated Surplus 25
Schedule 4 – Moore Museum Statement of Revenue and Expenditures 26
Schedule 5 – Sorn bra Museum Statement of Operations and Accumulated Surplus 27
Schedule 6- Consolidated Schedule of Segment Disclosure- 2020 Operating Revenues 28
Schedule 7 – Consolidated Schedule of Segment Disclosure- 2020 Operating Expenses 29
Schedule 8 – Consolidated Schedule of Segment Disclosure – 2019 Operating Revenues 30
Schedule 9 – Consolidated Schedule of Segment Disclosure – 2019 Operating Expenses 31
MANAGEMENT’S REPORT
The management of the Corporation of the Township of St. Clair (“Township) is responsible for the integrity, objectivity and accuracy of the financial information in the accompanying consolidated financial statements.
The Consolidated financial statements have been prepared by management in accordance with Canadian Generally Accepted Accounting Principles established by the Public Sector Accounting Board of the Chartered Professional Accountants of Canada. A summary of the significant accounting policies is disclosed in Note I to the consolidated financial statements.
To meet its responsibility, management maintains comprehensive financial and internal control systems designed to ensure the proper authorization of transactions, the safeguarding of assets and the integrity of the financial data. The Township employs highly qualified professional staff and deploys an organizational structure that effectively segregates responsibilities, and appropriately delegates authority and accountability.
The Finance and Administration Committee, a sub-committee of Township Council (“Council”), reviews and approves the consolidated financial statements before they are submitted to Council.
The 2020 consolidated financial statements have been examined by Corporation of the Township of St. Clair’s external auditors, MNP LLP, and their report precedes the consolidated financial statements.
Mooretown, Canada August 9, 2021
Charles Quenneville
Treasurer
John Rodey
Chief A rative Officer
Page I of31
Independent Auditor’s Report MN/?.
To the Members of Council, Inhabitants and Ratepayers of the Corporation of the Township of St. Clair. Opinion
We have audited the consolidated financial statements of the Corporation of the Township of St. Clair, (the “Township”) which comprise the consolidated statement of financial position as at December 31, 2020, and the consolidated statements of operations and accumulated surplus, change in net financial assets (debt) and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information
In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of the Township as at December 31, 2020, and the results of its operations and its cash flows for the year then ended in accordance with Canadian public sector accounting standards.
Basis for Opinion
We conducted our audit in accordance with Canadian generally accepted auditing standards Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Township in accordance with the ethical requirements that are relevant to our audit of the consolidated financial statements in Canada, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Responsibilities of Management for the Consolidated Financial Statements
Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with Canadian public sector accounting standards, and for such internal control as management determines Is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, management Is responsible for assessing the Township’s ability to continue as a going concern, disclosing, as applicable, matters related to golng concern and using the going concern basis of accounting unless management either intends to liquidate the Township or to cease operations, or has no realistic alternative but to do so.
Those charged with governance are responsible for overseeing the Township’s financial reporting process. Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditor’s report that lndudes our opinion. Reasonable assurance ts a high level of assurance, but is not a guarantee that an audit conducted In accordance with Canadian generally accepted auditing standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.
As part of an audit m accordance with Canadian generally accepted auditing standards, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the ovemde of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the Township’s internal control.
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• Evaluate the appropriateness of accounting policies used and the reasOflableness of accounting estimates and related disclosures made by management.
• Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Township’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Township to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Township to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
London, Ontario August 9, 2021
MAIP1…Lp
Chartered Professional Accountants Licensed Public Accountants
Page 3 of31
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CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Statement of Financial Position
As at December 31, 2020
2020 2019
$ $
FINANCIAL ASSETS
Cash $ 3,529,518 $ 8,788,843
Investments (Note 2) 8,000,000 6,000,000
Taxes receivable (Note 3) 1,414,079 1,502,789
Accounts receivable 7,677,036 4,806,038
Long-term receivables (Note 7) I 18,982 151,430
TOTAL FINANCIAL ASSETS 20,739,615 21,249,100
LIABILITIES
Accounts payable and accrued charges $ 3,765,341 $ 3,532,136
Deferred revenue – Schedule 1 1,359,601 2,560,682
Other current liabilities 201,934 203,659
Post employment benefits (Note 8) 1,878,966 1,897,329
Net long-term liabilities (Note 9) 9,896,802 11,269,354
TOTAL LIABILITIES 17,102,644 19,463,160
TOTAL NET FINANCIAL ASSETS
3,636,971
1,785,940
Commitments (Note 14) Significant event (Note 17)
NON-FINANCIAL ASSETS
Tangible capital assets – net – Schedule 2
221,146,843
213,115,278
Prepaid expenses 172,065 180,705
Inventories of material and supplies 228,692 214,506
TOTAL NON-FINANCIAL ASSETS 221,547,600 213,510,489 ACCUMULATED SURPLUS – Schedule 3 $ 225,184,571 $ 215,296,429
Approved on behalfofCouncil:
c§ .
Mayor
Treasurer
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Statement of Operations and Accumulated Surplus
For the Year ended December 31, 2020
Budget Actual Actual
2020 2020 2019
(Note 12)
$ $ $
REVENUES
TAXATION AND USER CHARGES
Net municipal taxation $ 14,819,322 $ IS,137,619 $ 14,616,723
User charges 14,724,162 14,602,806 14,343,369
29,543,484 29,740,425 28,960,092
GOVERNMENT TRANSFERS
Province of Ontario 4,440,896 3,799,087 2,143,870
Federal grant 1,554,830 7ll,086 680,086
Other municipalities 186,000 211,326 219,914
6,181,726 4,721,499 3,043,870
OTHER
Investment income 313,000 429,522 384,383
Penalties and interest on taxes 210,000 218,908 231,839
Deferred revenue earned 115,400 1,104,927 500,914
Contributed tangible capital assets 1,000,000 1,243,569 2,292,489
Donations and other revenues 1,598,100 158,269 2,014,402
Loss on sale of land & assets – (701,694) (77,829)
3,236,500 2,453,501 5,346,198
TOTAL REVENUES 38,961,710 36,915,425 37,350,160
EXPENSES
General government 2,095,779 1,912,567 1,990,186
Protection to persons and property 4,745,460 5,097,553 4,690,750
Transportation services 5,655,308 5,691,042 5,742,085
Environmental services IO,I09,784 10,397,085 9,619,908
Health services 75,824 46,231 37,638
Social and family services – 22,203 22,910
Recreation and cultural services 5,922,336 4,588,891 5,215,686
Plannin and develoement 3,244,590 2,798,777 2,447,922
TOTAL EXPENSES
ANNUAL SURPLUS 31,849,081
7,112,629 30,554,349
6,361,076 29,767,085
7,583,075
ACCUMULATED SURPLUS, BEGINNING OF YEAR 215,296,429 215,296,429 209,448, I I 8
EQUITY (DECREASE) INCREASE IN LAWSS (Note 10) (1,734,764) 3,527,066 (1,734,764)
ACCUMULATED SURPLUS, END OF YEAR $ 220,674,294 $ 225,184,571 $ 2 I 5,296,429
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Statement of Change in Net Financial Assets (Debt)
For the Year ended December 31, 2020
Budget
2020 2020
Actual 2019
Actual
(Note 12)
$ $ $
ANNUAL SURPLUS $ 7,112,629 $ 6,361,076 $ 7,583,075
Amortization of tangible capital assets
4,029,129
5,827,358
5,531,018
Acquisition of tangible capital assets (12,653,900) (10,218,268) (9,424,766)
Contribution (donated) tangible capital assets (1,000,000) (1,243,569) (2,292,489)
Share of LA WSS adjustment on tangible capital assets (3,000,000) (3,143,635) 1,593,378
Write down of tangible capital assets
Net book value on disposal of tangible capital assets –
– 730,363
16,186 165,120
(Acquisition) of supplies inventories (15,000) (14,186) (31,355)
(Acquisition) use of prepaid expenses (15,000) 8,640 (37,815)
Change in LA WSS ownership 3,500,000 3,527,066 (1,734,764)
(DECREASE) INCREASE IN NET FINANCIAL (DEBT)
ASSETS
(2,042,142)
1,851,031
1,351,402
NET FINANCIAL ASSETS, BEGINNING OF YEAR 1,785,940 1,785,940 434,538
NET FINANCIAL (DEBT) ASSETS,_END OF YE R $ (256,202) $ 3,636,971 $ 1,785,940
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Statement of Cash Flows
Year ended December JI, 2020
Actual Actual
2020 2019
s $
Cash provided by (used in)
OPERATING ACTIVITIES
Annual surplus s 6,361,076 $ 7,583,075
ITEMS NOT INVOLVING CASH
Amort1zat1on of tangible capital assets 5,827,358 5,531,018
loss on disposal of tangible capital assets 16,186 77,829
Write down ortang1ble capital assets 730,363
Donated tangible capllal assets (1,243,569) (2,292,489)
nfunded hab1ht1es for benefits (18,363) 22,347
CHANGES IN WORKING CAPITAL
Prepaid expenses 8,640 (37,815)
Inventories of material and supphes (14,186) {31.355)
Deferred revenue (1,201,081) 1,290,140
Taxes receivable 88,710 {36,185)
Accounts receivable (2,870,998) (457,344)
Accounts payable & and accrued charges 233,105 43,184
Other Current hab1lit1es (1,725)
Net change in cash from operating activities 7,915,616 11,692.405
CAPITAL ACTIVITIES
Cash used to acquire tangible capital assets (l0,218,268) (9,424,766)
Proceeds on disposal of tangible capital assets 87,291
Share ofLAWSS adjustment on tangible capital assets (3,143,635) 1,593,378
Net change in cash from capital activities (13,361,903) (7,744,097)
INVESTING ACTIVITIES
Decrease (increase) in long-tenn receivables 32,448 (10.373)
Increase in investment (2,000,000) (6,000,000)
Equity increase (decrease) m LAWSS due to change in O\vnership 3,527,066 (1.734,764)
Net chans_e m cash from investment activities 1,559,514 (7,745,137)
FINANCING ACTIVITIES
Proceeds from debt issuance I.I 16,200
Debt repayment (1,372,552) (1,240,425)
Net change in cash from financing activities (1,372,552) (124,225)
NET CHANGE IN CASH (5,259,325) (3,921,054)
CASH, BEGINNING OF YEAR 8,788,843 12,709,897
CASH, END OF YEAR $ 3,529,518 $ 8,788,843
Cash paid for interest
$ 372,309
$ 355,709
Cash received from interest 378,566 322,565
The accompanying notes are an integral part of the consolidated financial slatements Page 7 of JI
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
The Corporation of the Township of St. Clair (the “Township”) was amalgamated in 2001 as a municipality under the Province of Ontario and operates under the provision of the Municipal Act, 200 I.
1. SIGNIFICANT ACCOUNTING POLICIES
The consolidated financial statements of the Township are the representation of management and have been prepared in accordance with Canadian Public Sector Accounting Standards (“PSAS”) as defined in the CPA Canada Public Sector Accounting Handbook. Significant aspects of the accounting policies are as follows.
(a) (i) Basis of consolidation
These consolidated financial statements reflect the assets, liabilities, revenues and expenditures for all municipal organizations, committees, and boards which are owned or controlled by Council. All interfund assets and liabilities and revenues and expenditures have been eliminated on consolidation.
The following Boards controlled by Council have been consolidated: Brigden Community Hall
Courtright Community Hall
Moore Township Museum
Port Lambton Athletic Field Board Port Lambton Community Centre Sombra Athletic Field Board
Som bra Community Centre Sombra Township Museum Wilkesport Community Centre
(ii) Joint Local Board
The Lambton Area Water Supply System (here after referred to as “LA WSS”) has been consolidated on a proportionate equity basis based upon the water flow of the Township in proportion to the entire flows provided by the joint board for the previous year. Under the proportionate equity basis, the Township’s pro rata share of each of the assets, liabilities, revenues, and expenditures of the board are consolidated with similar items in the Township’s consolidated financial statements. For 2020, the Township’s share of the System was 29.78% (2019 – 26.16%). Material inter-organizational transaction and balances have been eliminated.
(iii) Accounting/or county and school board transactions
The taxation, other revenues, expenditures, assets, and liabilities with respect to the operations of the school boards and the County of Lambton are not reflected in the municipal fund balances of these consolidated financial statements.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(iv) Trust Funds
Trust funds and their related operations administered by the Township are not consolidated but are reported separately on the Trust Funds’ Statement of Continuity and Financial Position.
{b) Basis of accounting
(i) Accrual accounting
The accrual basis of accounting recognizes revenues in the period in which they are earned and measurable. Expenses are recognized as they are incurred and measurable as a result of receipt of goods and services and the creation of legal obligation to pay.
(ii) Investments
All of the investments are carried at amortized cost using the effective interest rate method. Council has the intention to hold investments until maturity.
(iii) Non-financial assets
Non-financial assets are not available to discharge existing liabilities and are held for use in the provision of services. They have useful lives extending beyond the current year and are not intended for sale in the ordinary course of operations.
(iv) Tangible Capital Assets
Tangible capital assets are recorded at cost, which includes all amounts that are directly attributable to acquisition, construction, development, or bettennent of the asset. The cost, less residual value, of the tangible capital assets, excluding land are amortized on a straight-line basis over their estimated useful lives as follows:
Asset
Land Improvements
Buildings and building improvements Machinery and equipment
Li near assets
Useful Life- Years
10 – 25
5 – so
5 – so
10 – 90
Amortization for non-infrastructure assets is calculated for six months if purchased before July. Assets purchased after July J Sl are not amortized until the following year. For infrastructure assets amortization will be recorded in the year following acquisition.
Assets under construction are not amortized until the asset is available for productive use.
(a) Contribution of tangible capital assets
Tangible capital assets received as contributions are recorded at their estimated fair value at the date ofreceipt, and that fair value is also recorded as revenue.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(b) Works of art and cultural and historical assets
Works of art and cultural and historic assets are not recorded as assets in these consolidated financial statements.
(c) Inventories of materials and supplies
Inventories held for consumption are recorded at the lower of cost or replacement value.
(v} Financial instruments
(i) Measurement of financial instruments
The Township initially measures its financial assets and financial liabilities at fair value adjusted by, in the case of a financial instrument that will not be measured subsequently at fair value, the amount of transaction costs directly attributable to the instrument.
The Township subsequently measures its financial assets and financial liabilities at amortized cost.
Financial assets measured at amortized cost include cash, accounts receivable, investments, and long-term receivables.
Financial liabilities measured at amortized cost include accounts payable and accrued charges, other current liabilities, and net long-term liabilities.
(ii) Impairment
Financial assets measured at amortized cost are tested for impairment when there are indicators of possible impairment. When a significant adverse change has occurred during the period in the expected timing or amount of future cash flows from the financial asset or group of assets, a write-down is recognized in the Consolidated Statement of Operations. The write down reflects the difference between the carrying amount and the higher of:
a) the present value of the cash flows expected to be generated by the asset or group of assets;
b) the amount that could be realized by selling the assets or group of assets;
c) the net realizable value of any collateral held to secure repayment of the assets or group of assets.
When the event occurring after the impairment confirm that a reversal is necessary, the reversal is recognized in the Consolidated Statement of Operations up to the amount of the previously recognized impairment.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
l. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(vi) Revenue recognition
Property tax billings are prepared by the Township based on assessment rolls issued by the Municipal Property Assessment Corporation. Tax rates are established annually by Council, incorporating amounts to be raised for local services. A nonnal part of the assessment process is the issue of supplementary assessment rolls, which provide updated information with respect to changes in property assessments. Once a supplementary assessment roll is received, the Township determines the taxes applicable and renders supplementary tax billings. Taxation revenues are recorded at the time the tax billings are issued.
The Township is entitled to collect interest and penalties on overdue taxes. These revenues are recorded in the period the interest and penalties are levied.
User Charges and other revenues are recognized when related goods or services are provided, and collectability is reasonably assured. Tangible capital assets received as contributions are recorded at their fair value at date of receipt and that fair value is recorded as revenues.
Government transfers are recognized in the financial statements as revenues in the period in which events giving rise to the transfer occur, providing the transfers are authorized, any eligibility criteria have been met, and reasonable estimate of the amounts can be made.
Investment income earned on surplus funds is recognized when earned.
(vii) Deferred revenues
The Township receives development charges and sub-divider contributions under the authority of provincial legislation and municipal bylaws. These funds, by their nature, are restricted in their use and, until applied to specific capital works, are recorded as deferred revenue. These amounts will be recognized as revenue in the fiscal year they are expended.
(viii) Accumulated surplus
Accumulated surplus represents the Corporation’s net economic resources. It is an amount by which all assets (financial and non-financial) exceed liabilities. An accumulated surplus indicates that the Corporation has net resources (financial and physical) that can be used to provide future services. An accumulated deficit means that liabilities are greater than assets.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
I. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(ix) Use of Estimates
The preparation of financial statements in conformity with the Chartered Professional Accountants of Canada Public Sector Accounting Handbook requires management to make estimates and assumptions that affect the reported amounts of the assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts ofrevenues and expenditures during the period. Actual results could differ from the estimates. Estimates are used with accounting for items such as accrued receivables, accrued liabilities, post-retirement benefits and tangible capital assets.
(x) Post retirement benefits
The Township provides certain benefits which will require funding in future periods. These benefits include life insurance, extended health and dental benefits for retirees.
The costs of life insurance, extended health and dental benefits are actuarially determined using management’s best estimate of salary escalation, insurance and health care cost trends, long-term inflation rates and discount rates.
For self-insured retirement and other employee future benefits that vest or accumulate over the periods of service provided by employees, health, dental and life insurance benefits for retirees, the cost is actuarially determined using the projected benefits method prorated on service. Under this method, the benefit costs are recognized over the expected average service life of the employee group.
Any actuarial gains and losses related to the past service of employees are amortized over the expected average remaining service life of the employee group.
For those self-insured benefit obligations that arise from specific events that occur from time to time, such as obligations for life insurance and health care benefits for those on disability leave, the cost is recognized immediately in the period the events occur. Any actuarial gains and losses that are related to these benefits are recognized immediately in the period they arise.
2. INVESTMENTS
The investments are comprised of four cashable term guaranteed investment certificates in the amount of $2,000,000 each recorded at cost with interest rates ranging from 2.62% to 2.90% and maturing between March 7, 2022 and December 5, 2022.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
3. TAXES RECEIVABLE
As of December 31, 2020, the taxes receivable are as follows
2020 2019
Taxes receivable
1,245,539
1,290,180
Penalties and interest 168,540 212,609
1,414,079 1,502,789
4. OPERATIONS OF SCHOOL BOARDS AND THE COUNTY OF LAMBTON
Further to note I (a)(iii), the taxation, other revenues and requisitions for the school boards and the County of Lambton are comprised of the following:
School Boards County of Lambton
Taxation
Add: Share of payments-in-lieu of taxes Less: Share of write offs
Less: Share of tax rebates
8,281,514
28,953
(132,915)
(10,100)
11,456,670
267,900
(175,207)
(19,433)
Total amount transferred 8,167,452 11,529,930
5. TRUST FUNDS
The Bradshaw Cemetery Trust Fund, Water Well Contamination Deposits Trust Fund and the St. Clair River Trail Trust Fund are administered by the Township. The total fund balance amounting to $338,038 at December 31, 2020(2019 – $333,753) has not been included in the Consolidated Statement of Financial Position nor have its operations been included in the Consolidated Statement of Operations.
6. PENSION AGREEMENTS
The Township makes contributions to the Ontario Municipal Employees Retirement System (OMERS), which is a multi-employer plan, on behalf of 80(2019- 78) members of its staff. The plan is a defined benefit plan, which specifies the amount of the retirement benefit to be received by the employees based on the length of service and rates of pay. Employees and employers contribute jointly to the plan. The employer amount contributed to OMERS for 2020 was $973,755 (2019 – $901,682). The contribution rate for 2020 was 9.0% to 15.8% depending on age and income level (2019 – 9.0% to 15.8%).
OMERS is a multi-employer plan, therefore any pension plan surpluses or deficits are a joint responsibility of Ontario municipal organizations and their employees. As a result, the municipality does not recognize any share of the OMERS pension surplus or deficit.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
6. PENSION AGREEMENTS (CONTINUED)
The last available report for the OMERS plan was December 31, 2020. At that time the plan reported a $3.21 billion actuarial deficit (2019 – $3.40 billion actuarial deficit), based on actuarial liabilities of$113.06 billion (2019- $107.69 billion) and actuarial assets of$109.85 billion (2019-
$!04.29 billion). Ongoing adequacy of the current contribution rates will need to be monitored as declines in the financial markets may lead to increased future funding requirements.
7. LONG-TERM RECEIVABLES
The Township has self financed ratepayers capital drainage projects in amount of$91,774 payable over five years bearing interest rates ranging from of 6.00% to 6.75%.
The Township has the following loans receivable:
A loan in the amount of $9,434 to the residents on Fawn Island for the parking lot financed as a special area rate over five years bearing an interest rate of 3%.
A loan in the amount of$12,774 to residents of Froomfield for sanitary lateral connections financed by a ten year interest free payment plan.
A loan in the amount of $5,000 to the Moore Optimist club for playground equipment financed by a four year interest free payment plan.
Repayments of principal are summarized as follows:
2021
2022
2023
2024
2025
Subsequent years
Total
45,438
41,658
18,582
6,439
1,478
5!387
118,982
8. POST EMPLOYMENT BENEFITS
The Township sponsors a defined benefit plan for retirement benefits other than pensions for all employees. The plan provides extended health and dental benefits to employees who have a minimum of 10 years of service and are a minimum age of 55. These employees may retire with the Township paying the dental and health benefits to the age of 65 and share 50% of the cost to the age of 70 for union and non union employees.
Actuarial valuations for accounting purposes are performed using the projected benefit method, pro-rated on services.
The most recent actuarial report was prepared as at December 31, 2018, with projections into December 31, 2020.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
8. POST EMPLOYMENT BENEFITS (Continued)
The actuarial valuation was based on a number of assumptions about future events, such as inflation rates, medical inflation rates, wage increases, employee turnover and mortality rates. The assumptions used reflect management’s best estimates.
Assumptions used are as follows:
a) a discount factor of 3.75% (2019 – 3.75%)
b) an annual increase in health and dental care cost of3.5% ( 2019- 3.5%)
c) rate of compensation increase of 3.0% (2019 – 3.0%)
d) in addition to the annual increase, inflation of3.0% (2019 – 3.0%)
e) an employee is presumed to retire at the later of age 60 and their current age plus one year
t) It is assumed that 70% of union retirees who reach age 65 will remain in the program for which the cost is split 50%.
2020 2019
Current period benefit cost 73,036 70,396
Amortization of actuarial gain/loss (6,793) (6,793)
Interest 67,154 66,831
Total expense for the year 133,397
130,434
2020 2019
Accrued benefit as of January 1 1,897,329 1,874,982
Expense in period 133,397 130,434
Employer contribution (151,760) (108,087)
Projected accrued benefit as of December 31 1,878,966 1,897,329
2020
2019
Benefit obligation as of December 31 1,818,576 1,830,147
Unamortized gains 60,389 67,182
Projected accrued benefit as of December 31 1,878,965
1,897,329
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
9. NET LONG-TERM LIABILITIES
(a) The principal payments of the long-term liabilities reported in (a) of this note are summarized as follows:
Long-term debt to the Corporation of the County
of Lambton at interest of 2.70 % maturing Decmber 31, 2022
Long-term debt issued with Federation of Canadian Municipalities rate of3.65% maturing November 2029
Long-term debt issued with Infrastructure Ontario at an interest rate of2.77% maturing January 2023
Long-term debt issued with Infrastructure Ontario at an interest rate of 4.69% maturing November 2029
Long-term debt issued with Infrastructure Ontario at an interest rate of 4.84% maturing March 2026
Long-term debt issued with Canada Mortgage and Housing Corporation at an interest rate of 3.91% maturing June 2030
Long-term debt issued with Infrastructure Ontario at an interest rate of2.01% maturing May 2025
Long-term debt issued with Infrastructure Ontario at an interest
2020 2019
213,763 316,398
1,021,859 1,116,200
690,876 954,193
564,475 613,864
289,408 334,328
5,055,196 5,462,099
1,662,790 2,012,413
rate of 2.22% maturing_ December 2026 398,435 459,859
Total long-term liabilities, end of year 9,896,802 11,269,354
(b) The principal payments of the long-term liabilities reported in (a) of this note are summarized as follows:
From general municipal revenues:
2021 1,415,068
2022 1,459,002
2023 1,249,163
2024 1,143,078
2025 986,119
2026 and thereafter 3J644,372
9,896.802
(c) The long-term liabilities in (a) issued in the name of the Township have received approval of the Ontario Municipal Board for those approved on or before December 31, 1992. Those approved after January 1, 1993 have been approved by by-law. The annual principal and interest payments required to service these liabilities are within the annual debt payment limit prescribed by the Ministry of Municipal Affairs.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended Decemher 31, 2020
9. NET LONG-TERM LIABILITIES (Continued)
(d) The Township is contingently liable for long-term liabilities issued by the Province of Ontario with respect to tile drainage and shoreline property assistance loans. The total amount outstanding as at December 31, 2020 is $180,080 (2019 – $155,079) bearing interest at 6% with maturity ranging from 2020 to 2028. These liabilities are not recorded on the Consolidated Statement ofFinancia\ Position.
(e) The charges for long-term liabilities assumed by individuals, regarding tile drainage and shoreline property assistance loans are not reflected in these consolidated financial statements.
(f) Total interest charges on net long-term debt reported on the Consolidated Statement of Operations are $372,309 (2019 – $355,709). The long-term liabilities bear interest at rates ranging from 2.01% to 4.84%.
(g) In lieu of providing refundable deposits for planning development and site plan agreements, the Township also allows applicants to provide an irrevocable letter of credit, the provision of which permits the Township to withdraw a set amount of funds from the applicant’s account. Funds are not exchanged at the time of entering into irrevocable letters of credit and the letters of credit are terminated upon the required completion of set development milestones. As such, these amounts are not recorded in the financial statements. As at December 31, 2020, the Township held irrevocable letters of credit in the amount of $3,233,698.
10. JOINT LOCAL BOARD CONSOLIDATION – LAWSS
The following summarizes the financial position and operations of Lambton Area Water Supply System (LAWSS) which has been reported in these consolidated financial statements using the proportionate consolidation method.
The consolidated financial statements include the Township’s 29.78% (2019 – 26.16%) proportionate interest as follows:
2020 2019
Cash 3,770,441 2,672,174
Accounts receivable 175,127 168,858
Accounts eal’.able i83,210} p0,162)
3,862,358 2,770,870
Tang}ble caeital assets 2620242561 22,690,160
Accumulated surelus 29,8862919 25,461,030
Total revenues 2,979,441 2,617,446
Total exeenses 2,080,619 1,820,246
Annual surE,lus 898,822 797,200
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
11. EXPENDITURE BY OBJECT
Total expenditures for the year reported on the Consolidated Statement of Operations are as follows:
2020 2019
Wages and employee benefits 8,280,353 8,434,732
Materials 6,577,349 6,743,966
Contracted services 9,461,376 8,645,691
Rent and other charges 15,656 55,969
Amortization 5,827,358 5,531,018
Interest on lonE-term debt 392,257 355,709
30,554,349 29,767,085
12. BUDGET DATA
Budget data presented in these consolidated financial statements are based upon the 2020 operating and capital budgets approved by Council and actual for consolidated entities. The chart below reconciles the approved budget figures reported in these consolidated financial statements. The Township approved budget a net general expense includes amortization expense in the amount of
$2,029, I 29.
Township Approved Budget PSAB Adjustment for Consolidated
Entities Budget per Financial Statements
General Revenues 38,818,710 143,000 38,961,710
General Expenses (31,639,08 I) (210,000) (31,849,08 I)
Annual Surplus (Deficit) 7,179,629 (67,000) 7,112,629
13. SEGMENT INFORMATION
The Corporation of the Township of St. Clair is a diversified Township and provides a wide range of services to its citizens. Distinguishable functional segments have been separately disclosed in segment information. Segmented information is presented on Schedule 6 through 9.
Inter-segment transfers are priced on a historical cost basis.
The nature of those segments and the activities they encompass are as follows.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
13. SEGMENT INFORMATION (Continued)
General Government
The departments within general government are responsible for the general management and control of the Township, including by-laws, adopting administrative policy, levying taxes, and providing administrative services. They also ensure that quality services are provided to the community and that the services are aligned with Council approved actions.
Protection Services
Protection is comprised of police services, fire protection, building department and animal control. The Police protection is provided by the Ontario Provincial Police (OPP) through a joint contract with nine other municipalities within Lambton County. The contract is administrated by the Lambton Group Police Services Board of which St. Clair is a member. The fire department is responsible to provide fire suppression services, fire prevention programs, training and education related to prevention, detection, or extinguishment of fires. The building department is responsible for permit processing and building inspection. The animal control department is responsible to providing a licensing system for dogs. By-Law enforcement is contracted with the administration provided by St. Clair Staff.
Transportation Services
Transportation includes the delivery of municipal public works services related to the planning, development and maintenance of the municipality’s infrastructure including roads, bridges, storm drains, sidewalks, streetlights, traffic signals and winter control.
Environmental Services
Environmental Services consist of providing sanitary and storm sewer, water, waste collection and disposal, and recycling services.
Recreation and Cultural Services
This service area provides services meant to improve the health and development of the Township’s citizens. The Township is responsible for the development, provision and maintenance of the Moore Sports Complex, Community Halls, as well as parks and recreation (including a golf course). The Township has five libraries administered by the County of Lambton and two Museum Boards.
Planning and Development
The County of Lambton Planning Department provides guidance and recommendation to Council, the Committee of Adjustment, and staff members on all planning issues. The administration of all planning application is dealt with by municipal staff. The Township has a number of drains under its management and control. The drains are created and maintained pursuant to the Municipal Drainage Act and require an extensive amount of administration and supervision. The Township administers industrial park sales for land it owns in the industrial park. The Township also has three campgrounds.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
14. COMMITMENTS
a) Recycling Services
The Township has entered into an agreement with Emterra Environmental for recycling services commencing July I, 2019 at an annual cost of$536,924 including HST. The contract expires June 30, 2023.
b) Waste Collection Services
The Township has entered into agreements with Waste Management of Canada Corporation for waste collection services commencing July I, 2019 at an annual cost of $818,604 including HST. The contracts expire June 30, 2023.
c) Wastewater Facilities Operations, Maintenance & Management
The Township has entered into an agreement with Operations Management International Canada, Inc. for wastewater facilities operations, maintenance and management commencing December 2011 at an annual cost of $327,964 including HST. Beginning June I, 2020, the contract has increased to an annual cost of $463,563 including HST. The contract expires November 30, 2021.
15. FINANCIAL INSTRUMENTS AND RISKS
Unless otherwise noted it is management’s opinion that the Township is not exposed to significant risks. There have been no changes in the Township’s risk exposures from the prior year.
Credit risk
The Township is exposed to credit risk through its cash, trade and other receivables, loans receivable and long-term receivables. There is a possibility of non-collection of its trade and other receivables. The majority of the Township’s receivables are from rate payers and government entities. The Township mitigates its exposure to credit loss by placing its cash with major financial institutions.
Liquidity risk
Liquidity risk is the risk that the Township will not be able to meet its obligations as they become due. The Township manages this risk by establishing budgets and funding plans to fund its expenses and debt payments.
Interest rate risk
Interest rate risk is the risk of potential loss caused by fluctuations in fair value of cashflow of financial instruments due to the changes in market interest rates. The Township is exposed to this risk through its interest-bearing investments. The Township manages this risk through investing in fixed-rate securities of short to medium term maturity and plans to hold the securities to maturity.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Notes to the Consolidated Financial Statements
Year ended December 31, 2020
16. BANK INDEBTEDNESS
An operating line of credit was available by way of bank overdraft in the amount of $5,000,000 as of December 31, 2020 ($5,000,000 as at December 31, 2019). Amounts obtained under this credit are due on demand and bear interest at bank’s prime rate less 0.75%, calculated and paid monthly. The amount drawn on this line as of December 31, 2020 is $Nil (2019 -$Nil).
17. SIGNIFICANT EVENT
During the year-end, there was a global outbreak of COVID-19 (coronavirus), which has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial and municipal governments regarding travel, business operations and isolation/quarantine orders. At this time, it is unknown the extent of the impact the COVID-19 outbreak may have on the Township as this will depend on future developments that are highly uncertain and that cannot be predicted with confidence. These uncertainties arise from the inability to predict the ultimate geographic spread of the disease, and the duration of the outbreak, including the duration of travel restrictions, business closures or disruptions, and quarantine/isolation measures that are currently, or may be put, in place by Canada and other countries to fight the virus.
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Deferred Revenues
Year ended December 31, 2020 Schedule I
Increase in Deferred Revenues Decreases m Deferred Revenues
Balance. Other To To Capital Balance,
Begmnmg of2020 Interest Increases Total Operations Acquisitions Total End of2020
Legislative deferred revenues
Payments-in-lieu of park land 100.833 1.232 13.886 15.118 98.224 98.224 17,727
Development charges 679.674 13.091 123.733 136.824 18.819 217.474 236.293 580,205
AMO Gas Tax 483.881 8.662 427.316 435.978 789,229 789.229 130,630
Non-legislatin deferred revenues 1.296.294 245.377 245.377 910,632 910.632 631,039
Total for 2020 s 2,560,682 22,985 SI0,312 833,297 929,451 l,I04,927 2,034,378 s 1,359,601
Increase m Deferred Revenues Decreases m Deferred Revenues
Balance. Other To To Capital Balance,
Begmnmg of2019 Interest Increases Total Operauons Acquisitions Total End of2019
Legislative deferred revenues
Payments-in-lieu of park land 129.892 3.037 13,654 16.691 45.750 45.750 I00,833
Development charges 778.733 21.526 334.579 356.105 455.164 455.164 679,674
AMO Gas Tax 4,852 479.029 483.881 483,881
Non-legislative deferred revenues 361,917 4.490 1,578.262 1,582.752 529.690 118.685 648.375 1,296,294
Total for 2019 s 1,270,542 33,905 2,405,524 2,439,429 529.690 619,599 1,149,289 $ 2,560,682
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Tangible Capital Assets
Year ended December 31, 2020 Schedule 2
General Infrastructure
Land Machinery Transportation Work m Total
Land lmerovcments Buildm and E9u1ement Vehicles and Stonn Water Wastew.iter Pro&ress 2020
COST
Balance, begmnmg of year 7,089,223 7.400,990 16,593.627 3,847,329 9.188.445 87,589,820 124.637,709 62,114.002 1.000,588 319,461,733
Add· Share m LAWSS AdJustmcnc 4,932,145 4,932,145
Add· Additions dunng the year 1,229.539 519.050 301,793 1.129.508 5.453.105 1.390,406 129.389 65,478 10,218,268
Less. Disposals dunng the year 36,063 41,285 582,250 113.915 19.872 14,600 807,985
Less. Write down for the year 447.366 875.809 71,513 1,394,688
Add (less) transfer of capital assets 159.212 (21,158) ( 138.054)
Other Contribution from Developer 713.241 227.721 302.607 1,243,569
BALANCE, END OF YEAR 7,089,223 8,753,678 17,112,677 4,107,837 9,735,703 93,173,727 130,292,300 62,321,831 1,066,066 333,653,042
ACCUMULATED AMORTIZATION
Balance, begmnmg of year 3,054,560 7,020.441 1,798,504 3.205.771 39.639,962 38,906,523 12.720,694 106,346,455
Add· Share m LAWSS AdJustment 1,788.510 1,788,510
Add Amort1zat1on dunng the year 259,982 470,638 237,504 394,033 1,820,906 1,591,078 1,053,217 S,827,358
Less Accumulated amortization on disposals
36,063
27,4
82.251
116,378
15,932
13,724
791,799
Less Wnte down for the year 254,632 375,770 33,923 664,325
Add (less) transfer of capital assets 39,243 (33.107) (6.136)
BALANCE, END OF YEAR 3,317,722 7,491,079 2,008,557 3,017,553 41,056,751 41,894,409 13,720,128 112,506,199
NET BOOK VALUE OF
TANGIBLE CAPITAL ASSETS 7,089,223 5,435,956 9,621,598 2,099,280 6,718,150 SZ,116,976 88,397,891 48,601,703 1,066,066 s 221,146,843
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Tangible Capital Assets
Year ended December 31, 2019 Schedule 2
General Infrastructure
Land Machinery Transportallon Work m Total
Land lmerovemcnts Buildm and E9uiement Vehicles and Storm Water Wastewater Prol!rcss 2019
COST
Balance. be&m,ng of )’ear
7,089.223
6.991.882
15.632.020
3,709.280
8.573.032
84.843.923
125.814.512
53.137.549 940,773
311,732,194
Add Share m LAWSS AdJustmcnl
(2.466,096)
(2,466,096)
Add. Add1t1ons during the year
457,108
961,607
320.480
1.085.993
2.013.713
994,083
3.531.967
59.815
9,424,766
Less: Disposals durmg the year 48.000 182.431 470.580 756.164 19.346 45.099 1,521,620
Other Contribution from Developer 1.488.348 314.556 489.585 2,292,489
BALANCE. END OF YEAR 7,089,223 7,400,990 1,,593,627 3,847,329 9,188,445 87,589,820 124,637,709 62,114,002 t,000,588 $ 319,461,733
ACCUMULATED AMORTIZATION
Balance, beginning of year
2,839.073
6.597.797
1-741.746
3.354.255
38.460.735
38,213.869
11.837,180
103,044,655
Add· Share tn LAWSS Adjustment (872.718) (872,718)
Add· Amoruzauon durmg the year 247.407 422.644 214.437 322.096 1.817.587 1.584.677 922.170 5,531,018
Less Accumulated amortization on disposals
31.920
IS7.679
470.580
638,360
19,305
38.656
1,356,500
BALANCE, END OF YEAR 3,054,560 7,020,441 1,798,504 3,205,771 39,639,%2 38,906,523 12,720:694 s 106,346,455
NET BOOK VALUE OF
TANGIBLE CAPITAL ASSETS
7,089,223
41346.430
9,573,136
2,048.825
5,982,674
47,949,858
SS,7311186
49,393J08
1,000,sss s
213,115,273
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Accumulated Surplus
Year Ended December 31, 2020 Schedule 3
2020 2019
$
Reserves $
Working Capital $ 643,500 $ 643,500
Election 26,378
Safe restart 183,661
General operating reserve 1,118,153 13,000
666,882
Capital expenditures 6,325,060 7,346,004
Water distribution 6,527,145 5,893,860
Water distribution LA WSS 3,862,358 2,770,870
Sanitary Sewage system 1,153,555 1,048,599
Uncollectible taxes 124,715 122,150
Moore Industrial Park 1,250,524 1,249,092
St. Clair Parkway 118,907 626,165
Total Reserves 21,333,956 20,380,122
Surplus
Invested in tangible capital assets General $ 80,304,264 $ 72,484,966
Invested in tangible capital assets LA WSS 26,024,562
Invested in tangible capital assets Water 62,577,088
Invested in tangible capital assets Sanitary 42,344,128 22,690,160
63,072,I 18
43,598,680
Local Boards 210,556 177,243
Unfunded Post employment benefits (1,878,966)
Deficit (5,731,017) (1,897,329)
(5,209,53 I)
Total Surplus 203,850,615 194,916,307
ACCUMULATED SURPLUS $ 225,184,571 $215,296,429
MOORE MUSEUM
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Statement of Revenue & Expenditures
Year ended December 31, 2020 Schedule 4
2020 2020 2019 2019
Budget
(Unaudited) Actual Budget
(Unaudited) Actual
$ $ $ $
Revenues
Ministry of Culture, Tourism and Recreation
Operating grant $ 17,340 $ 17,340 17,340 17,340
Other grants 2,940 21,022 2,940 5,514
Museum revenue
Admissions, proceeds and donations
20,000
20,037
23,500
27,084
Net sales 2,000 311 2,500 1,850
Municipal contribution 304,199 224,795 297,540 250,472
346,479 283,505 343,820 302,260
Expenditures
Advertising
$ 5,975
$ 856
5,785
4,310
Amortization 6,264 15,442 6,264 14,595
Building Maintenance 10,920 11,577 7,960 11,241
Capital expenditures 49,763 17,971 55,049 23,232
Gift Shop 1,700 72 1,700 731
Ground maintenance 13,500 11,721 13,000 12,896
Insurance 4,000 4,090 3,500 3,704
Janitorial service and supplies 1,600 1,290 1,450 1,553
Membership 600 520 700 537
Mileage 800 51 850 556
Office and miscellaneous 9,600 9,480 10,400 6,688
Postage and deliver 750 198 1,000 554
Salaries, wages and benefits 219,112 194,326 214,867 203,083
Seminars, education and training 1,400 180 1,400
Supplies 10,095 8,368 9,695 9,800
Utilities 10,400 7,363 10,200 8,780
346,479 283,505 343,820 302,260
Excess (deficiency) of revenues over expenditures
SOMBRA MUSEUM
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Statement of Operations and Accumulated Surplus
For the year ended December 31, 2020 Schedule 5
2020
Budget (Unaudited) 2020
Actual 2019
Budget (Unaudited) 2019
Actual
$ $ $ $
Revenues
Ministry of Culture, Tourism and Recreation
$ 2,946
$ 2,946
2,946
2,946
Federal Grant 8,005 19,307 8,125 10,433
Museum revenue
Admissions, membership, proceeds and donations 5,150 9,157 3,410 3,866
Events 2,000 420 2,000 15,863
Interest Income 600 837 400 1,523
Municipal contribution 78,424 81,826 74,650 79,908
97,125 114,493 91,531 114,539
Expenditures
Wages & Benefit $ 42,584 $ 64,884 46,800 48,380
Advertising and membership 1,700 1,224 1,000 2,844
Amortization 12,588 13,585 12,600 13,585
Capital 5,000 5,000 – 5,814
Events 1,900 1,777 1,500 6,281
Utilities, Security and telephone 11,700 10,251 12,031 9,661
Insurance 2,753 3,159 2,800 3,033
Office Supplies & Exhibits 3,200 2,482 3,200 666
Maintenance and supplies Seminars & Miscellaneous 15,100
600 7,377
– 11,000
600 9,539
170
97,125 109,739 91,531 99,973
Excess of revenues over expenditures –
4,754 –
14,566
Surplus balance, beginning of year 42,841 42,841 28,275 28,275
Surplus balance, end of year 42,841
47,595 28,275 42,841
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Segment Disclosure – Operating Revenues
Year ended December 31, 2020 Schedule 6
User Government Developer Deferred Gain (Loss) on Total Taxation Charges Transfers Contributions Revenues Sales of assets Other 2020
General Government
15,137,619
106,817
– – — – –
1,118,139 762.577
17,125,152
Fire – 4,465 5,292 – 93,400 20,350 20,352 143,859
Police
Other Protection Services
Total Protection Services – –
308,978
313,443 167,226 – –
2,292 – (13,084)
174,8IO – 93,400 7,266 20,352 167,226
298,186
609,271
Transportation Services –
967,830 2,974,105 713,241 904,229
(48,269) –
5,511,136
Water 5,619,963 227,721 (503,979) 5,343,705
Waste Water Storm Systems
Solid Waste & diversion –
–
2,929,366
17,981
813,288 15,000 302,607
– – –
117,648 – (38,465)
(133,997) – 3,208,508
(116,016)
930,936
Total Environmental Services 9 80,598 132,648 530,328 (676,441) – ,367,133
Parks and Recreation Recreational Facilities 56,350
332,977 7,710 98,224 15,000 2,000
– 9,074 179,284
342,051
Golf Course 1,083,646 22,297 750 2,000 1,108,693
Museum 5,104 64,614 19,770 89,488
Total Recreation and Culture Services –
1,478,077 94,621 – l07,298 15,750 23,770 1,719,516
Planning and Zoning – 112,217 – – – 112,217
Commercial and Industrial
Campgrounds
Agriculture and Reforestation
Total Planning and Development –
–
488,539
1,755,285
2,356,041 15,849
211,327 – –
227,176 – – – – 504,388
1,966,612
2,583,217
Total Revenues 15,137,619 14,602,806 4,721,499 1,243,569 1,104,927 (701,694} 806,699 36,915,425
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolida _ed Schedule of Segment Disclosure – Operating Expenses
Year ended December 31, 2020 Schedule 7
Wages& Benefits
Material Contracted Services Rent& Finance Charges
Amortization Inter functional Transfers Total 2020
General Government 12268,239 745,121 591039 3,511 892079 {2521423} 11912,566
Fire 952,168 625,604 41,696 59,010 515,706 83,478 2,277,662
Police 21,431 2,252,169 13,921 43,980 (21,212) 2,310,289
Other Protection Services 107,538 30,391 355,984 5,477 10,213 509,603
Total Protection Services 1,0591706 677,426 2,649,849 72,931 5651163 721479 5,097,554
Transportation Services 2,3591754 11840J89 11147,917 35,052 1,758,518 {I14501488} 51691,042
Water 324,270 258,293 1,499,442 19,948 1,591,078 880,816 4,573,847
Waste Water 252,615 934,125 757,781 272,707 1,053,217 500,473 3,770,918
Storm Systems 75,578 153,507 164,910 217,405 178,207 789,607
Solid Waste & diversion 19 102,298 1,119,837 834 39,725 1,262,713
Total Environmental Services 652,482 12448,223 3,541,970 292,655 2,862,534 1,599,221 10,3972085
Health Services 18,004 101053 13,350 4,824 46,231
Social and Family Services 20,829 1,374 22,203
Parks and Recreation 492,332 310,215 100,193 824 191,726 (76,058) 1,019,232
Recreational Facilities 1,084,854 817,600 5,499 2,940 211,790 (40,641) 2,082,042
Golf Course 524,618 430,849 15,098 84,468 20,357 1,075,390
Libraries 9,074 14,978 4,110 10,434 38,596
Museum 259,211 60,458 3,680 29,027 21,255 373,631
Total Recreation and Culture services 2,370,089 1,634,100 124,470 3,764 5211121 (641653} 4,588,891
Planning and Zoning 100,100 11,831 13,981 7,428 133,340
Commercial and Industrial 68,004 9,445 1,534 26,404 105,387
Campgrounds 225,833 154,138 4,651 16,059 18,834 419,515
Agriculture and Reforestation 176,146 17,943 1,909,446 37,000 2,140,535
Total Planning and development 5701083 193JS7 119282078 171593 891666 2,7982777
Total Expenses 81280JS3 61577J49 9;461 76 4072913 528272358 301554J49
Annual Surplus 6,361,076
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Segment Disclosure – Operating Revenues
Year ended December 31, 2019 Schedule 8
Police 176,549 – 176,549
Other Protection Services – 1,114 14,329 – 27,084 42,527
Total Protection Services – 12,215 197,846 – – 17,331 41,765 269,157
Transportation Services – 745,t 12 1,385,879 1,488,348 160,000 (92,024) – 3,687,315
Parks and Recreation 265,728 10,657 90,914 (11,626) 33,002 388,675
Recreational Facilities 565,042 50,000 – 176,766 791,808
Golf Course 1,315,727 7,637 7,974 1,331,338
Museum 18,264 36,233 – – 13,676 68,173
Total Recreation and Culture Services – 2,164,761 104,S27 – 90,914 (3,652) 223,444 2,579,994
Planning and Zoning Commercial and Industrial – 88,723 – 88,723
Campgrounds
Agriculture and Reforestation
Total Planning and Development 692,556
1,364,136
2,145,415 1,960
155,892
157,852 –
–
– – 6,200
–
6,200 –
–
– 700,716
1,520,028
2,309,467
Total Revenues 14,616,723
14,343J69 3,043,870 2,292,489 500,914 (77,8291 2,630,624 37J50,160
CORPORATION OF THE TOWNSHIP OF ST. CLAIR
Consolidated Schedule of Segment Disclosure – Operating Expenses
Year ended December 31, 2019 Schedule 9
Wages& Benefits
Material Contracted Services Rent& Finance Charges
Amortization Inter functional Transfers Total 2019
General Government 1,283.379 7042439 95,773 628 81,659 {175,692} 1,990,186
Fire 759,277 670,913 27,575 92,147 439,885 77,629 2,067,426
Police 25,847 2,064,986 15,047 43,980 (21,576) 2,128,284
Other Protection Services 61,591 81,367 339,631 5,477 6,974 495,040
Total Protection Services 820,868 778,127 2,432,192 107,194 489,342 63,027 42690,750
Transportation Services 2.376,798 1,828,518 1,169,442 45,852 1,765,888 {1,444,413} 5,742,085
Water 342,460 224,040 1,316,041 1,584,677 897,154 4,364,372
Waste Water 213,406 727,190 770,239 238,726 922,170 409,445 3,281,176
Storm Systems 93,700 147,173 160,293 206,685 206,352 814,203
Solid Waste & diversion 1,331 83,442 1,034,254 41,130 1,160,157
Total Environmental Services 650,897 1,181,845 3.2802827 238,726 2,713,532 1,554,081 91619,908
Health Services 6435 12,729 13,350 5,124 37,638
Social and Family Services 21,961 949 22 910
Parks and Recreation 744,259 334,720 114,235 13,790 176,809 (51,897) 1,331,916
Recreational Facilities 1,155,445 922,524 32,995 5,488 167,774 (69,010) 2,215,216
Golf Course 553,508 552,800 23,158 73,824 14,317 1,217,607
Libraries 1,511 16,131 1,107 4,374 13,014 36,137
Museum 251,463 115,189 315 28,180 19,663 414,810
Total Recreation and Culture services 2,706,186 1,941J64 171,810 191278 450,961 {73,913) 5.2151686
Planning and Zoning 92,533 17,981 6,106 8,900 125,520
Commercial and Industrial 51,996 4,998 2,004 58,998
Campgrounds 271,097 240,236 24,062 16,286 22,844 574,525
Agriculture and Reforestation 180,978 18,062 1,452,750 37,089 1,688,879
Total Planning and development 596,604 281J77 1,482,918 16,286 70,837 22447,922
Total Expenses 8,434,732 6,7431966 8,645,691 4111678 5,531,018 291767,085
Annual Surplus 7 583,075
