Schedule A: 2024 Consolidated Budget Variance

	2024 YTD	2024 Total Budget	Variance	Variance %	Prior YTD	Prior Year Total Budget
Revenue
Taxation	$ -	$ 12,521,806	$ 12,521,806	100% under budget	$ 11,308,449	$ 11,318,193
User fees	(2,500)	3,144,306	3,146,806	100% under budget	3,053,445	3,065,159
Sales of services	133,228	899,150	765,922	85% under budget	1,069,994	918,800
Penalties and fines	3,504	70,000	66,496	95% under budget	89,522	76,000
Investment income	265,285	115,000	(150,285)	131% over budget	1,097,766	115,000
Other revenue	134,920	261,100	126,180	48% under budget	415,403	298,950
Government grants and transfers	617,440	6,623,613	6,006,174	91% under budget	7,790,776	8,079,172
Contributions from developers and others	-	647,000	647,000	100% under budget	950,448	1,059,090
Development cost charges	-	1,127,405	1,127,405	100% under budget	187,988	681,255
Transfers from reserves	-	730,100	730,100	100% under budget	545,462	1,736,820
Transfers from reserve accounts	-	4,884,957	4,884,957	100% under budget	2,921,668	5,702,556
Transfers from accumulated surplus	-	107,073	107,073	100% under budget	-	266,150
Transfers from equity in capital assets	-	3,258,275	3,258,275	100% under budget	2,947,241	3,200,270
Internal cost allocations	-	555,183	555,183	100% under budget	544,295	544,295
Proceeds from borrowing	-	12,800,000	12,800,000	100% under budget	-	-
Revenue Total	$ 1,151,877	$ 47,744,968	$ 46,593,091	98% under budget	$ 32,922,459	$ 37,061,710
Expense
General government services	$ 642,210	$ 3,187,108	2,544,898	80% budget remaining	$ 3,073,189	$ 3,574,654
Protective services	590,427	20,060,524	19,470,097	97% budget remaining	5,479,171	6,035,421
Transportation services	1,086,319	9,234,170	8,147,851	88% budget remaining	3,977,603	6,330,553
Environmental health services	363,740	2,659,296	2,295,556	86% budget remaining	2,730,762	3,456,314
Development services	109,944	719,454	609,510	85% budget remaining	527,180	753,608
Parks services	162,000	2,135,694	1,973,694	92% budget remaining	1,390,124	2,321,212
Recreation and culture services	341,361	1,438,753	1,097,392	76% budget remaining	1,372,514	1,372,072
Interest on debt	108,556	217,112	108,556	50% budget remaining	217,112	217,112
Principal payment on debt	184,364	315,615	131,251	42% budget remaining	315,615	315,615
Amortization	-	3,258,275	3,258,275	100% budget remaining	2,947,241	3,200,270
Internal cost allocations	-	555,183	555,183	100% budget remaining	544,295	544,295
Transfers to reserves	-	1,415,200	1,415,200	100% budget remaining	6,270,378	6,392,000
Transfers to reserve accounts	345,998	2,548,584	2,202,586	86% budget remaining	2,765,990	2,548,584
Expense Total	3,934,919	47,744,968	43,810,049	92% budget remaining	31,611,173	37,061,710
Grand Total	$ (2,783,042)	$ -	$ 2,783,042		$ 1,311,286	$ -