1. The City of Owen Sound &

2. 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

3. 2013 Proposed Revenue

4. Proposed 2013 Expenses

5. 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

6. Thank you Questions?