Development Charge Reserve Fund Statements

The Region collects Development Charges (DC) in order to facilitate growth throughout the Region and to provide services such as water, wastewater, roads, police, services for seniors, growth-related studies, Emergency Medical Services, social housing, facilities and GO Transit.

Pursuant to the Development Charges Act, the DC Reserve Fund Statement is the annual financial statements for each DC Reserve Fund. The statements include a description of services, beginning and ending balances, and all financial transactions during the year for each fund. They also disclose the DC credits related to each fund and the detailed financing of each project where DC reserve funds were used for as a financing source.

Statement of Development Charge Reserve Funds