Hamilton · Fees and chargeswritten

Development Charges Reserves Status Report

Published by City of Hamilton Corporate Services Department under Development Charges

Agencies
Ministry of Municipal Affairs and Housing
Form ref
Development Charges Act, 1997, section 43
Applies to
any
Instruments
Development Charges Act, 1997

Report FCS22040 to the City of Hamilton's Audit, Finance and Administration Committee, reporting development charge reserve activity for the year ended December 31, 2021. It is the Treasurer's Statement described in the Development Charges Act, 1997, and gives an accounting balance of $373.59 million, an increase of $88.18 million over 2020, against outstanding deferral agreements of $25.91 million. Its appendices carry reserve funds, projects funded by development charges, project funding by reserve, capital project closings, and a nine-year exemption history.

What it covers

  • Recommendation(s)
  • Executive Summary
  • Alternatives for Consideration
  • Financial – Staffing – Legal Implications
  • Historical Background
  • Policy Implications and Legislated Requirements
  • Relevant Consultation
  • Analysis and Rationale for Recommendation(s)
  • Appendices and Schedules Attached
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Publisher
City of Hamilton Corporate Services Department
Category
Fees and charges
Published under
Development Charges — the municipality's own heading
Signatories
general manager, finance and corporate services
Document date
May 19, 2022
Tags
reportfeesdevelopment-chargestreasurer-statement

Published version history

  1. Development Charges Reserves Status Report as of December 31, 2021 (FCS22040)open
  2. Development Charges Reserves Status Report as of December 31, 2023 (FCS24043)open
  3. Development Charges Reserves Status Report as of December 31, 2022 (FCS23035)open
  4. Development Charges Reserves Status Report as of December 31, 2020 (FCS21047)open
Development Charges Reserves Status ReportOpen at hamilton.ca

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