Town of Berwick Berwick, Nova Scotia March 31, 2010 Financial Statements
AI summary The document presents the financial statements of the Town of Berwick, dated March 31, 2010. It includes key financial data and reports on the town's financial position and performance at that time.
Consolidated Statement of Financial Activities 2010 Budget 2010 Actual 2009 Actual (Restated) government and agencies Valley Community Fibre Network Authority 2,000 1,915 1,915 Conditional transfers to other governments and agencies Assess...
AI summary The Consolidated Statement of Financial Activities presents budget and actual figures for various government and agency programs in 2010 and 2009. It outlines financial allocations and expenditures across different sectors, including community services, health, and cultural services.
Kings Transit Authority - 5% share During fiscal 2010, the Town of Berwick paid $18,113 (2009 - $18,451) to the Kings Transit Authority to fund its share of the deficit.
AI summary In fiscal 2010, the Town of Berwick contributed $18,113 to the Kings Transit Authority to cover a portion of its deficit, a decrease from $18,451 in 2009.
Valley Community Fibre Network Authority - 1.06% share During fiscal 2010, the Town of Berwick paid $1,915 (2009 - $1,915) to the Valley Community Fibre Network Authority to fund its share of the deficit.
AI summary During fiscal 2010, the Town of Berwick contributed $1,915 to the Valley Community Fibre Network Authority to cover its 1.06% share of the deficit.
8. Retired Clerk's Pension - Past Service Costs Under provincial legislation, municipalities were required to have a defined benefit pension plan for a former municipal clerk for a benefit equal to 2% per year, times clerk's years of servi...
AI summary The document discusses the funding of past service costs for a retired clerk's pension plan under provincial legislation. The unfunded liability was $15,400 as of April 1, 2008, and has been reduced to $6,916 by March 31, 2010, following payments of $8,484.
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