In the November 12 Council agenda there is report presenting the  forecasted variance report using Q3-2024 actuals (up to September 30, 2024) and projections to the end of the year for each department. Thed variances are measured against the Council approved the Township of King’s 2024 budget which.included a gross operating budget of $66,344,614. As of September 30th, 2024, the Township’s 2024 year-end projection is a surplus of $201,964 but it is subject to change based on actuals through end of 2024.  If a surplus is realized at the 2024 year-end, it will be allocated to the Tax Rate
Stabilization Reserve Fund similar if a deficit occurs. The balance of the Tax Rate Stabilization Reserve as of December 31, 2023, is $896,224 pending any
adjustments.

As always, if you want to make a deputation please register with clerks@king.ca by noon November 12… If you want to send an email to Council please send to clerks@king.ca an email by noon November 12. .