Treasurer's Statement
														Document 2
	Development Charge Reserve Fund Activity
	for the period ended December 31, 2006
		Opening	Development					Contributions/	Net Repayment		Account			Unapplied		Closing
		Balances as at	Charge		Development	Interest	Refunds-Prior	Previous	to SNDC  for	Transfers	Balances as at			Project		Balances as at
	Development Charge	January 1,	Revenues/	FIR 60	Charge	Earnings/	Year's	Year's	Storm Water	to/(from)	December 31,			Funding		December 31,
	Category Description	2006	Adjustments		Transfers	(Expense)	Collections	Adjustments	Pond Costs	Projects	2006 1			Requirements		2006
	Roads and Structures	85,596,829	41,264,285			3,043,900				22,562,662	107,342,352			(106,680,921)		661,431
	Sanitary Sewers	5,412,563	7,187,579			(63,300)				9,248,351	3,288,491			(14,420,748)		(11,132,257)
	Water	26,551,638	3,327,845			686,700				3,824,368	26,741,815			(28,590,291)		(1,848,476)
	Storm Water Drainage	3,205,095	(7,965)			55,600				1,656,000	1,596,730			(408,000)		1,188,730
	Storm Water Management	9,681,307	4,332,565			351,900				2,252,203	12,113,569			(2,941,200)	3	9,172,369
	Police	1,608,525	828,454			66,700				12,000	2,491,679			(4,695,000)		(2,203,321)
	Emergency Service (Fire)	4,632,569	659,344			159,100				515,269	4,935,744			(534,100)		4,401,644
	Studies	446,972	1,066,787			2,900				1,686,777	(170,118)			(4,872,000)		(5,042,118)
	Public Transit Program	48,085,227	16,487,287			1,925,500				4,862,497	61,635,517			(115,672,787)		(54,037,270)	2
	Transit Vehicles & Buildings
	Parks & Recreation Facilities	47,622,912	12,655,183			1,765,400				1,111,879	60,931,616			(25,101,533)		35,830,083
	Parks									0	0					0
	Libraries	7,087,842	1,540,671			270,200				478,000	8,420,713			(1,215,000)		7,205,713
	Child Care	2,227,719	240,823			81,400				45,000	2,504,942			(1,651,000)		853,942
	Emergency Medical Services	140,259	123,683			4,900				128,000	140,842			(254,000)		(113,158)
	Vehicles & Works Yards	8,376,040	2,784,039			300,700				2,307,256	9,153,523			(8,174,513)		979,010
	Total	250,675,497	92,490,580	0	0	8,651,600	0	0	0	50,690,262	301,127,415	0	0	(315,211,093)		(14,083,678)
	1 The Audited Financial Statements show a development charge balance of $305.4 million, which includes: $4.2 million in deferrals and $63,000 in the Health Reserve Fund.
	2  Reflects  LRT commitment which was reversed in 2007.
	3  The unapplied project funding does not include $35.5 million in front ending agreements.