Annual Updates & Reports

Required Reporting

In accordance with the Off-Site Levy Bylaw, on or before December 31 of each calendar year, the City Engineer must prepare and submit to City Council an annual report on the off-site levies imposed and collected by the City in the previous year. The annual report also identifies:

• Municipal infrastructure that was constructed during the previous calendar year.
• Construction costs of such municipal infrastructure.
• Amounts paid by the City from the off-site levy funds as construction costs for the municipal infrastructure and details as to by whom the payment has been made.
• Estimated construction costs for the municipal infrastructure yet to be constructed and an explanation as to any adjustments to the estimates since the previous annual report.
• Details as to the amounts collected in off-site levies by the City.
• Specifics as to the total value of off-site levy funds being held by the City which are yet to be expended on the construction of municipal infrastructure, including specifics as to the amount of interest earned on such off-site levy funds and information regarding any commitments made for the expenditure of monies in the off-site levy funds that have not yet been paid out.
• Information regarding any changes to the assumptions related to the staging or timing of development and the projected construction date for the municipal infrastructure.

Past Annual Reports

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Related Pages

Off-Site Levy Bylaw ›