The City of Owen Sound &

How are we funded 10% Grants - Summer Student Subsidies, various provincial grants (flood forecasting, WECI) 12% User Fees - planning fees, reservations, gate fees 4% Other Revenue – various reserves, other miscellaneous sales 31% Forestry – Grey County Management, GB Forestry and Trees ON 43% General Levy

2013 Proposed Revenue

Proposed 2013 Expenses

Capital Project Mill Dam – Status of Funding Study undertaken in 2011 Problems identified below water line at gates Repairs planned for Fall of 2012, deferred to 2013 Subject to MNR funding in 2013 Mill Dam - Part 2 Investigation of site in Fall 2012 found slumping on west side of structure Preliminary study to be undertaken in Spring of 2013 to determine cause and extent of problem May require repairs in future years depending on results of study

Thank you Questions?