| Chief of Police Armand P. La Barge |
| York Regional Police |
| 17250 Yonge Street, Newmarket, Ontario, Canada L3Y 4W5 1866-8POLICE TTY 1-800-668-0398 Fax 905-853-5810 www.yrp.ca |
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THE REGIONAL MUNICIPALITY OF YORK POLICE SERVICES BOARD REPORT OF THE CHIEF OF POLICE 23 JANUARY 2008 __________________________________________ Re: Financial Statements for the Period Ending November 30, 2007 __________________________________________ RECOMMENDATION:
The York Regional Police Services Board is 68.02 per cent spent at the end of November 2007. York Regional Police is 90.78 per cent spent for the same time period. A statement of reserves and capital projects has also been supplied for information purposes. FINANCIAL IMPLICATIONS: At this time, it is projected that the York Regional Police 2007 Operating and Capital Budgets will be within the funding approved by the Police Services Board. Financial analysis and reporting of all major accounts, including salaries, benefits, court and overtime, fuel and investigative expenses are ongoing. Budget notes have been provided for all major variances. BACKGROUND: The Regional Municipality of York Police Services Board Financial Accountability Policy stipulates that "the Chief of Police shall ensure that financial reporting is timely, accurate and relevant" and that "the Chief of Police shall report monthly to the Police Services Board". The Financial Statements for the York Regional Police Services Board and York Regional Police for the period ending November 30, 2007, are attached to this report. Expenditures for the York Regional Police Services Board are $262,071 or 68.02 per cent of budget. Favourable variances exist in several operating expense accounts such as conferences and seminars, legal fees and consultant fees. Net expenditures for York Regional Police are $166,815,121 or 90.78 per cent of the 2007 Approved Operating Budget. As of November, favourable variances in many administration, program and professional services accounts are offset by above-budget overtime, benefits and occupancy expense. Budget notes have been provided for all major variances. Attachment 1 Attachment 2 Attachment 3 Attachment 4 |
Respectfully submitted, Armand P. La Barge, Chief of Police. |