Township of McGarry
|A Total 2014 OMPF||$635,000|
|1. Assessment Equalization Grant||$338,300|
|2. Northern Communities Grant||$94,000|
|3. Rural Communities Grant||$59,000|
|4. Northern and Rural Fiscal Circumstances Grant||$39,400|
|5. Transitional Assistance||$104,300|
|B 2014 Combined Benefit of OMPF and Provincial Uploads (Line B1 + Line B2)||$729,700|
|1. Total OMPF (Equal to Line A)||$635,000|
|2. Provincial Uploads||$94,700|
|C Other Ongoing Provincial Support||$53,200|
|1. Public Health||$37,200|
|2. Land Ambulance||$16,000|
|D Key OMPF Data Inputs|
|2. Total Weighted Assessment per Household||$49,513|
|3. Rural and Small Community Measure||100.0%|
|4. Northern and Rural Municipal Fiscal Circumstances Index||10.0|
|5. 2014 Guaranteed Level of Support||100.0%|
|6. 2013 OMPF (Line A from 2013 Allocation Notice)||$635,000|
A – The OMPF grants are described in detail in the OMPF Technical Guide - this document can be found on the Ministry of Finance's website at: http://www.fin.gov.on.ca/en/budget/ompf/2014
A5 – If applicable, reflects the amount of transitional support provided to assist the municipality in adjusting to the redesigned OMPF program.
B1 – Sum of 2014 OMPF grants. (Equal to Line A)
B2 – Estimated 2014 benefit of the Province's upload of social assistance benefit program as well as court security and prisoner transportation costs.
C1 – The estimated 2014 municipal benefit of the Province's 75 per cent share of public health funding relative to its 50 per cent share in 2004. Actual municipal savings may not correspond with the Allocation Notice due to budget approvals made by the local Boards of Health. Municipalities may provide additional funding beyond their obligated cost share. Any additional municipal funding is not included in the calculation of the public health figure.
C2 – The estimated 2014 municipal benefit of the Province's 50 per cent share of land ambulance funding is relative to its share in 2005. This incremental increase in land ambulance funding delivers on the Province's commitment to strengthen land ambulance services and maintain the 50:50 sharing of land ambulance costs.
D2 – Refers to the total assessment for a municipality weighted by the tax ratio for each class of property (including payments in lieu of property taxes retained by the municipality) divided by the total number of households.
D3 – Represents the proportion of a municipality's population that resides in rural areas or small communities. For additional information see the 2014 OMPF Technical Guide.
D4 – The northern and rural Municipal Fiscal Circumstances Index (MFCI) measures a municipality's fiscal circumstances relative to other northern and rural municipalities in the province, and ranges from 0 to 10. A lower MFCI corresponds to relatively positive fiscal circumstances, whereas a higher MFCI corresponds to more challenging fiscal circumstances. For additional information see the 2014 OMPF Technical Guide.
D5 – Represents the guaranteed level of support the municipality will receive from the Province through the 2014 OMPF. For additional information see the 2014 OMPF Technical Guide.
D6 – 2013 OMPF allocation.
Note: Provincial funding and other ongoing provincial support initiatives rounded to multiples of $100.
Ontario Ministry of Finance
Provincial-Local Finance Division Issued: November 2013