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Toolkit
For Social Services
More than ever, non-profit Social Services
Agencies are expected to operate like
businesses. A Tool Box was promised to
facilitate non-profit agencies to achieve
the new direction of the Government. In
order to operate effectively and more
efficiently the following Tools are
required:
Purchase vs. Leasing
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Purchasing is cheaper.
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Purchased items have a
trade-in value thus further lowering
replacement costs.
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MCSS would own the buildings
and property at the end of the mortgage
period. No further operating dollars going
towards rent.
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Bank interest rates are lower
than vehicle leasing with built-in interest
rates.
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Dollars saved by purchasing
can be re-flowed to address increased
service levels, address shortfalls in Human
Resource Pressures (example: dramatic
increases in WSIB premiums, Pay Equity
obligations, etc.), or fulfill other
priorities of the Government.
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Should an Agency close, the
titles of all Ministry funded properties
would remain with the funding Ministry.
Taxpayers have more assets to show for their
investment in Social Service programs.
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Capital requests to the
Government would be reduced. Decreases
workload at Agency and Government levels.
Expense Depreciation
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Allows for a Replacement
Reserve Fund for capital replacement.
Global Budgeting
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Enables agencies to operate
more like a business. Currently surpluses
are re-flowed to the Ministry at year-end
and Agencies “absorb” the deficits, thus
impacting their financial position and
future viability.
Accrual Base of Accounting
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Enables expenses not completed
by year-end modified accrual date of April
30th to be expensed into next
year’s operations. Weather and other
conditions can impact the completion of the
project.
Retention of Surplus
Access to Ministry Government Rates
Transfer of GST Exemptions on Ministry
Funded Expenditures
Prepared by Mandy Bennett, Chair of MOSS
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