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Department of Municipal Affairs and
Community Engagement
Government of Newfoundland and Labrador
Calendar Year: 2026
The estimates reported in this submission were approved by the Council of the Municipality of
Town of Steady Brook
Name of Municipality
at a meeting held on | +h day of [ f Ltt bh
ADIAS
Day Month
i al Signature of Mayor
When thes Shape
| Signature of Clerk/Manager
TABLE OF CONTENTS
Debt Charges Summary
Expenditures
Revenues
Debt Servicing Ratio
Summary of the Municipal Budget Submission Form--------------------
Deadline for Council Adoption: January 1, 2026
Deadline for Submission: January 31, 2026
Year
Debt Charges Summary
, , a Lo M ity Dat il A ] a
Loan Number |Name of Creditor EUpES Wet Original Principal sient: Nae Council Annua Provincial Annual Payment
Roads; etc.) (dd-month-yyyy) Payment
6987-514 Bagg) Poeneenty Water $567,593.75 31-10-2030 $53,826.48
Line Repair’
6987-514HST Bag) Buerueney Water 31-12-2026 $10,242.84
Line Repair
6987-5 14HST BM) Sneecney Water ($10,242.84
Line Repair
6987-506 Bia) “Beate and Fave $131,178.23 31-10-2030 $16,688.52
Marble Drive
6987-506HST BMo| UPEtade and Pave $40,436.58 $2,367.24
Marble Drive
6987-506HST ee eee $40,436.58 ($2,367.24
Marble Drive
6996-760 BMO kel Walia $74,578.56 28-02-2027 $37,595.16
Building
6988-541 BMO Lift Stations $86,449.63 28-02-30 $11,700.96
6988-541 HST BMO Lift Stations $93,798.16
KUBUOTA Tractor $37,490.00 $12,516.96
KUBUOTA Lawnmower $11,615.00 $3,871.68
BMO Ford Truck $120,587.42 31-12-2031 $20,398.08
HST BMO Ford Truck $12,379.51 31-12-2026 $386.28
MCW-21419- -
BMO Lagoon $234,956.00 2035 15,125.28
Proposed
MCW- Drinki
iil BMO] _ Drinking Water $200,731.70 $12,425.52
water Treatment
HST Desig BMO] _ Drinking Water $206,225.13 $3,069.24
water Treatment
BST Dinniing BMO] _ Drinking Water $206,225.13 ($3,069.24)
water Treatment
Totals $184,534.92
BEFORE CONTINUING:
es"
|. Transcribe BOTH the above totals for Council Annual Payment and Provincial Annual Payment to the appropriate boxes in section “7.1 Debt
Charges From All Sources” of “7.0 FISCAL SERVICES” on Page 6.
2. Transcribe the above total of “Provincial Annual Payment” to sub-section 4.1.2 “Provincial Portion of Debt Charges” found in the section “4.1
Provincial Government Grants and Subsidies” on Page 11.
Expenditures
[1.0 GENERAL GOVERNMENT
1.1 Council
1.1.1. Remuneration for Councillors $19,920.00 |
1.1.2, Travel - $10,000.00
Total 1.1 Council $29,920.00
1.2 General Administration
1.2.1. Salaries oe $79,000.00 |
1.2.2, Employee Benefits $12,500.00
1,2,3. Payroll Burden $8,200.00
1.2.4, Travel $5,000.00
1.2.5, Supplies $3,000.00
1.2.6. Purchased Services (other than Insurance) $20,000.00
1.2.7, Professional Services $47,000.00
1.2.8. Insurance $46,000.00
Total 1.2 General Administration. $220,700.00
1.3 Municipal Elections & By-elections $2,000.00
1.4 Property Assessment Services $10,500.00
1.5 Common Services
1.5.1 Engineering Services = $20,000.00
1.5.2 General Maintenance $161,288.14
1.5.3 Professional Development and Training
1.5.4 Public Relations $500.00
Total 1.5 Common Services $181,788.14
TOTAL 1.0 GENERAL GOVERNMENT sada gusts
Page 3
[2.0 PROTECTIVE SERVICES
2.1 Fire Protection
$10,000.00
2.2 Emergency Preparedness and Response
$10,000.00
2.3 Animal and Pest Control
2.4 Municipal Enforcement
$30,000.00
2.5 Other Protective Services and Inspections
2.6 Salaries
TOTAL 2.0 PROTECTIVE SERVICES
$50,000.00}
[3.0 TRANSPORTATION SERVICES
|
3.1 Vehicle and Fleet Maintenance
3.2 Road Transport
$30,000.00
3.2.1 Streets, Roads, Sidewalks, etc.
3.2.2 Snow Removal
$11,000.00:
3.2.3 Street Lighting —
$10,000.00
$19,000.00
3.2.4 Traffic Services
Total 3.2 Road Transport
$1,500.00
3.3 Public Transit
$41,500.00
3.4 Other Transportation Services
3.5 Salaries
TOTAL 3.0 TRANSPORTATION SERVICES
$71,500.00]
4.0 ENVIRONMENTAL HEALTH
4.1 Water Supply
4.2 Sewage Collection and Disposal
$37,869.00
4.3 Garbage and Waste Collection and Disposal
$26,000.00
4.4 Other Environmental Health Services
$48,000.00
4.5 Salaries
TOTAL 4.0 ENVIRONMENTAL HEALTH
oe S101 86.09
Page 1
[5.0 PLANNING AND DEVELOPMENT
5.1 Planning and Zoning
$5,000.00!
5.2 Community Improvement and Development
$5,000.00
5.3 Regional Development
5.4 Tourism and Marketing
5.5 Other Planning and Development
5.5 Salaries
TOTAL 5.0 PLANNING AND DEVELOPMENT
$10,000.09
[6.0 RECREATION AND CULTURAL SERVICES
6.1 Recreation Administration (Salaries)
6.2 Recreation Facilities
6.2.1 Recreation and Community Centres
$47,000.00
6.2.2 Parks, Playgrounds, Trails, etc.
6.2.3 Stadium
$5,000.00
6.2.4 Swimming Pool ----------------------------—-~
Total 6.2 Recreation Facilities
6.3 Cultural Facilities
$52,000.00
6.4 Recreation and Cultural Programs, Activities etc.
$8,400.00
6.5 Other Recreation and Cultural Services
TOTAL 6.0 RECREATIONAL AND CULTURAL SERVICES
. sa0.00.04
Page 3
[7.0 FISCAL SERVICES
7.1 Debt Charges From All Sources (from page 2)
7.1.1 Municipal Annual Payment
7.1.2 Provincial Annual Payment
Total 7.1 Debt Charges From All Sources
7.2 Transfers to Authorized Reserves and other Funds
7.2.1 Provision for Uncollectible Taxes, Fees & Charges n=
7.2.2 Operating Deficit of Prior Year
7.2.3 Accumulated Deficit Reduction Plan
7.2.4 Discounts, Losses, Allowances
7.2.5 Capital Expenditure Out of Revenue:
7.2.5.1 Canada Community Building Fund (Gas Tax) ------------------4|
7.2.5.2 All Other (please provide list)
Total 7.2.5 Capital Expenditure Out of Revenue
7.2.6 Authorized Transfers to Reserves & Other Funds:
7.2.6.1 Canada Community Building Fund (Gas Tax) ---------------
7.2.6.2 All Other (please provide list)
Total 7.2.6 Authorized Transfers to Reserves & Other Funds
Total 7.2 Transfers to Authorized Reserves and Other Funds
7.3 Bank Charges & Other Fiscal Services
TOTAL 7.0 FISCAL SERVICES
[ : TOTAL EXPENDITURES ———s&Y
$184,534.92] (See page 2)
(See page 2)
$184,534.92
$9,500.00
$0.00
$30,416.00
$30,416.00
$39,916.00
-. . $734,480.9
$973,128.0
Page 6
Revenues
|1.0 TAXES AND RELATED REVENUES
1.1 Property Tax Information
1.1.1 Residential Property Info.
Assessed Values
Number of
Properties
Tax Rate
Total Tax
1.1.1.1. Mil Rate Method
$76,625,900
206
$498,068.35
1.1.1.2. Minimum Tax Method
1.1.1.3. Residential Grants in Lieu
1.1.1.4, Residential Exempt
Properties
Total Residential Property
Info
576625904
206
$498,085
1.1.2 Commercial/Non-Residential
Assessed Values
Number of
Properties
Tax Rate
Total Tax
1.1.2.1. Mil Rate Method
$13,669,874
76
12
$164,038.49
1.1.2.2. Minimum Tax Method
(General)
1.1.2.3. Minimum Tax Method
(Small Structures) .
1.1.2.4. Non-Residential Grants
in Lieu
1.1.2.5. Tax Agreements
1.1.2.6. Non-Residential Exempt
Property
Total Commercial/
Non-Residential
$13,669,874
7
$27,826.00
5191854]
1.1.3 Vacant Land
Assessed Values
# of Properties
Tax Rate
Total Tax
1.1.3.1. Minimum Rate Method
$600.00
$600.00
Total Vacant Land
Total 1.1 Property Tax
Information:
]
s90235774
=
$600.04
|
BOX A
Page 7
[1.2 Water and Sewage Fee Information
>
1.2.1 Residential Water and Sewage
# Household
Units Tax (Fee) Rate
1.2.1.1. # of Households (Not Connected)
1.2.1.2. Water and Sewage Tax (Fee)
185 400
Total Tax (Fee)
$74,000.00
1.2.1.3. Water Tax (Fee) Only (if Separate Tax (Fee))
34 350
$11,900.00
1.2.1.4, Sewage Tax (Fee) Only (if Separate Tax (Fee))
1.2.1.5. Other Residential W/S Tax (Fee)
Total Number of Household Units
Total 1.2.1 Residential W/S Tax (Fee)
=
sa5 900.0
1.2.2 Commercial/Non-Residential Water and Sewage
# Comm. /
Non-Res. Tax (Fee) Rate
Units
1.2.2.1. # of Commercial/Non-Residential Units
(Not Connected)
1.2.2.2. Water and Sewage Tax (Fee)
80) 450
Total Tax (Fee)
$36,000.00
1,2,2.3, Water Tax (Fee) Only (if Separate Tax (Fee))
4 700
$2,800.00
1,2.2.4. Sewage Tax (Fee) Only (if Separate Tax (Fee))
1.2.2.5, Other Commercial/Non-Residential W/S Tax (Fee))
1.2.2.6. Industrial & Institutional W/S _
(e.g. Fish Plants, Hospitals)
Total # of Comm./Non-residential Units
Total 1.2.2 Commercial/Non-Residential Water and Sewage Tax (Kee)
Total 1.2 Water and Sewage Tax (Fee)
538,300.00
$124,700.09
BOX B
Page 3
1.3 Other Tax Information
13 Other Taxes # Asseased Tax Rate
the Tax
Total Tax
1.3.1. Poll Tax (No longer permited after 2027)
1.3.2, Business Tax (attach tax structure)
$28,319.98
1.3.3. Utility Tax
$31,471.24
1.3.4. Municipal Utility (Sales) Tax
1.3.5. Direct Seller Tax
1.3.6. Other Authorized Taxes
1.3.7. Tourist Accomodations Tax (By-Law Required, max 4% daily
rate)
Total 1.3 Other Taxes
$59,191.29]
BOXC
Grand Total 1.0 Taxes and Related Revenue
L
$375,024.04
(Total of Boxes A, B and C)
Page 9
2.0 SALES OF GOODS AND SERVICES
2.1 Garbage Collection Fees
2.2 Recreation and Cultural Services
2.3. Transportation Services
2.4 Fire Protection Service Fees
2.5 Animal and Pest Control Fees
$5,500.00
2.6 Tipping Fees
2.7 Water Supply
2.8 Other Sales of Goods and Services
TOTAL 2.0 SALES OF GOODS AND SERVICES
$5,500.00
[3.0 OTHER REVENUE FROM OWN SOURCES
3.1 Assessments, Levies, Fees and Charges
3.2. Rental Income
$3,500.00
$6,000.00
3.3 Interest from Investments
3.4 Interest Collected on Overdue Accounts
$3,000.00
3.5 Other Revenue From Own Sources
TOTAL 3.0 OTHER REVENUE FROM OWN SOURCES
s12,s0
Page 10
|4.0 GOVERNMENT TRANSFERS
4.1 Provincial Government Grants and Subsidies
4.1.1. Municipal Operating Grant
4.1.2. Provincial Portion of Debt Charges
4.1.3. Provincial Gas Tax Revenue
4.1.4. Other Provincial Grants and Subsidies (Please attach list)
Total 4.1 Provincial Government Grants and Subsidies
4.2 Federal Government Grants and Subsidies
4.2.1. Canada Community Building Fund (Gas Tax)
4.2.2, Other Federal Grants and Subsidies
(please provide list)
s4555
Total 4.2 Federal Government Grants and Subsidies
TOTAL 4.0 GOVERNMENT TRANSFERS
$33,773.00
(See page 2)
$15,915.00
$49,688.00
$30,416.00
$30,416.00
ea rt
[5.0 OTHER TRANSFERS
§.1. Operating Surplus of Prior Year
5,2. Transfers from Authorized Reserves
5.2.1. Canada Community Building Fund (Gas Tax)
5.2.2. Other (please provide list)
TOTAL 5.0 OTHER TRANSFERS
~ TOTAL REVENUE
$973,128.06
Page 11
Please Calculate the Debt Servicing Ratio (DSR):
(Debt Servicing Ratio (DSR)
_|
Step 1: Fill in the following information
Municipal Annual Debt Payment (7.1.1 - Page 6)
Local Revenue | Total Taxes and Related Revenue (Page 9)
Local Revenue 2 Total Sales of Goods and Services (Page 10)
Local Revenue 3 Total Other Revenue from Own Sources (Page 10)
Total Local Revenue
Municipal Operating Grant (MOG) (4.1.1. Page 11)
Provincial Gas Tax Revenue (4.1.3. Page 11)
$184,534,92
$875,024.06
$5,500.00;
$12,500.00
$893,024.06
$33,773.00
$15,915.00
20%
Debt Servicing Ratio
Step 2: DSR Calculation
$184,534.92 ~o ( $893,024.06
Municipal Local
Debt Revenue
333,773.00
MOG
+ $15,915.00 )
Provincial Gas Tax
Revenue
20%
DSR (%)
Page 12
Summary of The Municipal Budget Submission Form
Name of Municipality
Town of Steady Brook
Budget-Year
2026
From The Municipal Budget Submission Form, the totals of the seven expenditure functions, the total expenditures, the totals of the five main revenue sources
and the total revenues are found in the appropriate boxes below,
Expenditures
1.0 General Government siasson
2.0 Protective Services ; ss000.9
3.0 Transportation Services “$7,500,001
4.0 Environmental Health $111,869.00]
5.0 Planning and Development ~ $10,000.00
6.0 Recreation and Cultural Services sen 400.0
7.0 Fiscal Services 224,450.92
Total Expenditures $973,178.04
Revenues
1.0 Taxes $875,024.06
2.0 Sales of Goods and Services . $5,500.00}
3.0 Other Revenue From Own Sources ; $12,500.09
4.0 Government Transfers - 0,204]
5.0 Other Transfers :
Total Revenues $973,128.04
Page 13