Committee of the Whole/Documents/West Shore Parks & Recreation Society 2019 Budget and Requisition Request
Presentation
West Shore Parks & Recreation Society 2019 Budget and Requisition Request
April 9, 2019Pages 16–369 sections
Detailed budget documentation and financial forecasts for the West Shore Parks & Recreation Society for the year 2019.
$4,947,539 requisition request0% increase over the 2018 approved requisition$112,733 for New Employment Health TaxView Royal Requisition: $726,451
2019 WSPR BUDGET
Page 16–36
STAFF REPORT
TO: West Shore Parks & Recreation Society Members FROM: Grant Brown, Manager of Finance DATE: March 20, 2019 SUBJECT: 2019 Budget and Requisition Request
RECOMMENDATION
The West Shore Parks & Recreation Society Members approve the West Shore Parks & Recreation Society 2019 Budget and requisition request as presented.
BACKGROUND:
Included in this package you find the above noted financial information for the West Shore Parks & Recreation Society. The package has been divided into sections to aid in analysis — Operating Income, Summary, Requisition Request, Converted Assessments and Five Year Operating & Capital Forecast.
DISCUSSION:
The 2019 West Shore Parks & Recreation Society's requisition request is for $4,947,539, which is a $0, or 0% increase over the 2018 approved requisition.
The 2019 budget includes the following:
- Non-discretionary increase in expenses $284,934
- A 2.0% wage increase $143,307
- Various Utility Increases $28,894
- New Employment Health Tax $112,733
- Program fee increases and improved pass sales
- Revenue increases $293,576
- Repayment of the Unfunded TCA added to the fitness cost centre.
- Increased annual fitness expenditure $71,556
- Curling revenues and expenses altered for 2019 to reflect a half season of rentals.
- Curling revenue reduced $72,678, expense reduced $126,176
- Dry Floor revenues and expenses added to 2019 to reflect a half season of rentals.
- Added dry floor revenue of $35,000
- Administrative expenses reduced
- Expenses reduced by $60,000 in marketing, legal, training and contingency
- Lack of funding for special projects or unforeseen expenses
- Small replacement expense reduced
- Expense reduced $30,000. Small equipment items in use longer than anticipated.
- A scheduled 6 week pool shutdown
- 3 weeks longer than usual to allow for the replacement of the pool liner
- $340,000 project ($188,000 CRD reserve funds to be applied)
- The costs for the replacement of the JDF arena floor removed and noted that secondary funding sources are required for the project to proceed.
- Risk of service and revenue loss due to facility closure prior to securing secondary funding.
- Reserve fund transfers totalling $1,134,794
- Fitness Equipment Reserve $92,000 (contributed to annually) (2018 - $80,000)
- Pool Reserve (CRD) $188,000
- Equipment & Maintenance Reserve $854,794 (2018 - $697,853)
Total Operating Changes: Net Expense reduced $150,059 Total Capital Changes: Net Expense increased $150,059
FINANCIAL IMPLICATIONS:
The 2019 Budget and requisition request of $4,947,539 is an increase of $0 or 0.00% over the approved 2018 Budget requisition.
Page 16–36
OPERATING INCOME
West Shore Parks & Recreation Society 2019 Operating & Capital Budget - Operating Income
| Revenue | 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection |
|---|---|---|---|---|---|---|---|---|---|
| Requisitions | 4,947,539 | 4,947,539 | 0 | 0.00% | 4,947,539 | (0) | 0.00% | (0) | 0.00% |
| Sale of Service | 5,953,299 | 6,055,044 | 101,745 | 1.71% | 5,994,919 | 41,620 | 0.70% | (60,125) | -0.99% |
| Total Revenues | 10,900,838 | 11,002,583 | 101,745 | 0.93% | 10,942,458 | 41,620 | 0.38% | (60,125) | -0.55% |
| Operating Expenses | |||||||||
| Administration | 552,635 | 395,013 | (157,622) | -28.52% | 402,982 | (149,653) | -27.08% | 7,969 | 2.02% |
| Finance | 726,256 | 734,136 | 7,880 | 1.09% | 711,950 | (14,306) | -1.97% | (22,186) | -3.02% |
| Food & Beverage | 601,499 | 583,425 | (18,074) | -3.00% | 584,657 | (16,842) | -2.80% | 1,232 | 0.21% |
| Human Resources | 176,365 | 169,701 | (6,664) | -3.78% | 172,123 | (4,242) | -2.41% | 2,423 | 1.43% |
| Maintenance | 3,248,566 | 3,202,940 | (45,626) | -1.40% | 3,196,190 | (52,376) | -1.61% | (6,750) | -0.21% |
| Marketing | 86,000 | 85,591 | (409) | -0.48% | 76,000 | (10,000) | -11.63% | (9,591) | -11.21% |
| Parks | 1,012,467 | 985,698 | (26,769) | -2.64% | 1,036,549 | 24,082 | 2.38% | 50,851 | 5.16% |
| Programs | 3,690,786 | 3,720,054 | 29,268 | 0.79% | 3,783,485 | 92,699 | 2.51% | 63,431 | 1.71% |
| Reception | 609,117 | 625,200 | 16,083 | 2.64% | 631,316 | 22,199 | 3.64% | 6,116 | 0.98% |
| Total Operating Expenses | 10,703,691 | 10,501,757 | (201,934) | -1.89% | 10,595,252 | (108,439) | -1.01% | 93,495 | 0.89% |
| Net Operating Income | 197,147 | 500,826 | 303,679 | 154.04% | 347,206 | 150,059 | 76.12% | (153,620) | -30.67% |
| Transfers to Reserve | (197,147) | (500,826) | (303,679) | 154.04% | (347,206) | (150,059) | 76.12% | 153,620 | -30.67% |
| Capital Expenditures | 1,000,000 | 469,265 | (530,735) | -53.07% | 1,482,000 | 482,000 | 48.20% | 1,012,735 | 215.81% |
| Transfers from Reserve | (1,000,000) | (469,265) | 530,735 | -53.07% | (1,482,000) | (482,000) | 48.20% | (1,012,735) | 215.81% |
| Budget Surplus (Deficit) | 0 | 0 | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
West Shore Parks & Recreation Society 2019 Reserve Projected Accounts Summary
| Reserve Account | December 31, 2017 Audited | Transfers In 2018 | Transfers Out 2018 | December 31, 2018 Projected | Transfer In 2019 | Transfers Out 2019 | December 31, 2019 Projected |
|---|---|---|---|---|---|---|---|
| Equipment Replacement Reserve | 60,020 | 176,556 | (105,000) | 131,576 | 164,056 | (92,000) | 203,632 |
| Pool Liner Reserve | 188,000 | 0 | 0 | 188,000 | 0 | (188,000) | 0 |
| Major Repair Reserve | 2,129,002 | 834,415 | (697,853) | 2,265,564 | 0 | (854,794) | 1,410,770 |
| Total Reserve Available | 2,377,022 | 1,010,971 | (802,853) | 2,585,140 | 164,056 | (1,134,794) | 1,614,402 |
| Unfunded Members' TCA | 890,884 |
Page 16–36
SUMMARY
West Shore Parks & Recreation Society 2019 Operating & Capital Budget Summary
OPERATIONS
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Administration | |||||||||
| Expenditures | 552,635 | 395,013 | (157,622) | -28.52% | 402,982 | (149,653) | -27.08% | 7,969 | 2.02% |
| Net | 552,635 | 395,013 | (157,622) | -28.52% | 402,982 | (149,653) | -27.08% | 7,969 | 2.02% |
| Finance | |||||||||
| Revenues | (96,350) | (132,989) | (36,639) | 38.03% | (115,811) | (19,461) | 20.20% | 17,177 | -12.92% |
| Expenditures | 726,256 | 734,136 | 7,880 | 1.09% | 711,950 | (14,306) | -1.97% | (22,186) | -3.02% |
| Net | 629,906 | 601,148 | (28,758) | -4.57% | 596,139 | (33,767) | -5.36% | (5,009) | -0.83% |
| Human Resources | |||||||||
| Expenditures | 176,365 | 169,701 | (6,664) | -3.78% | 172,123 | (4,242) | -2.41% | 2,423 | 1.43% |
| Net | 176,365 | 169,701 | (6,664) | -3.78% | 172,123 | (4,242) | -2.41% | 2,423 | 1.43% |
| Reception | |||||||||
| Revenues | (22,200) | (33,006) | (10,806) | 48.68% | (32,809) | (10,609) | 47.79% | 197 | -0.60% |
| Expenditures | 609,117 | 625,200 | 16,083 | 2.64% | 631,316 | 22,199 | 3.64% | 6,116 | 0.98% |
| Net | 586,917 | 592,194 | 5,277 | 0.90% | 598,507 | 11,590 | 1.97% | 6,313 | 1.07% |
| Marketing | |||||||||
| Revenues | (15,500) | (14,263) | 1,237 | -7.98% | (14,263) | 1,237 | -7.98% | 0 | 0.00% |
| Expenditures | 86,000 | 85,591 | (409) | -0.48% | 76,000 | (10,000) | -11.63% | (9,591) | -11.21% |
| Net | 70,500 | 71,328 | 828 | 1.17% | 61,737 | (8,763) | -12.43% | (9,591) | -13.45% |
| NET ADMINISTRATION | 2,016,323 | 1,829,383 | (186,940) | -9.27% | 1,831,487 | (184,836) | -9.17% | 2,104 | 0.12% |
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Maintenance - General | |||||||||
| Revenues | (4,000) | (960) | 3,040 | -76.00% | (960) | 3,040 | -76.00% | 0 | 0.00% |
| Expenditures | 594,800 | 678,774 | 83,974 | 14.12% | 604,805 | 10,005 | 1.68% | (73,969) | -10.90% |
| Net | 590,800 | 677,814 | 87,014 | 14.73% | 603,845 | 13,045 | 2.21% | (73,969) | -10.91% |
| Maintenance - JDF Arena | |||||||||
| Expenditures | 639,255 | 606,179 | (33,076) | -5.17% | 663,757 | 24,502 | 3.83% | 57,578 | 9.50% |
| Net | 639,255 | 606,179 | (33,076) | -5.17% | 663,757 | 24,502 | 3.83% | 57,578 | 9.50% |
| Maintenance - Curling | |||||||||
| Expenditures | 256,601 | 239,934 | (16,667) | -6.50% | 129,475 | (127,126) | -49.54% | (110,458) | -46.04% |
| Net | 256,601 | 239,934 | (16,667) | -6.50% | 129,475 | (127,126) | -49.54% | (110,458) | -46.04% |
| Maintenance - Pool | |||||||||
| Expenditures | 563,090 | 521,406 | (41,684) | -7.40% | 562,309 | (781) | -0.14% | 40,903 | 7.84% |
| Net | 563,090 | 521,406 | (41,684) | -7.40% | 562,309 | (781) | -0.14% | 40,903 | 7.84% |
| Maintenance - Seniors | |||||||||
| Revenues | (127,000) | (131,768) | (4,768) | 3.75% | (129,982) | (2,982) | 2.35% | 1,786 | -1.36% |
| Expenditures | 239,202 | 215,121 | (24,081) | -10.07% | 242,749 | 3,547 | 1.48% | 27,628 | 12.84% |
| Net | 112,202 | 83,353 | (28,849) | -25.71% | 112,767 | 565 | 0.50% | 29,414 | 35.29% |
| Maintenance - Library | |||||||||
| Revenues | (72,277) | (68,874) | 3,403 | -4.71% | (73,011) | (734) | 1.02% | (4,138) | 6.01% |
| Expenditures | 72,277 | 68,874 | (3,403) | -4.71% | 73,011 | 734 | 1.02% | 4,138 | 6.01% |
| Net | 0 | 0 | 0 | 0.00% | 0 | 0 | 0.00% | 0 | #DIV/0! |
| Maintenance - Centennial Centre | |||||||||
| Expenditures | 80,551 | 77,897 | (2,654) | -3.30% | 88,021 | 7,470 | 9.27% | 10,124 | 13.00% |
| Net | 80,551 | 77,897 | (2,654) | -3.30% | 88,021 | 7,470 | 9.27% | 10,124 | 13.00% |
| Maintenance - Q Centre | |||||||||
| Revenues | (1,000) | (417) | 583 | -58.30% | (417) | 583 | -58.30% | 0 | 0.00% |
| Expenditures | 748,740 | 736,151 | (12,589) | -1.68% | 779,692 | 30,952 | 4.13% | 43,542 | 5.91% |
| Net | 747,740 | 735,734 | (12,006) | -1.61% | 779,275 | 31,535 | 4.22% | 43,542 | 5.92% |
| Maintenance - Fleet | |||||||||
| Expenditures | 54,050 | 58,606 | 4,556 | 8.43% | 52,370 | (1,680) | -3.11% | (6,236) | -10.64% |
| Net | 54,050 | 58,606 | 4,556 | 8.43% | 52,370 | (1,680) | -3.11% | (6,236) | -10.64% |
| NET MAINTENANCE | 3,044,289 | 3,000,922 | (43,367) | -1.42% | 2,991,820 | (52,469) | -1.72% | (9,102) | -0.30% |
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Parks - Parks | |||||||||
| Revenues | (45,535) | (62,037) | (16,502) | 36.24% | (54,537) | (9,002) | 19.77% | 7,500 | -12.09% |
| Expenditures | 778,910 | 767,693 | (11,217) | -1.44% | 796,078 | 17,168 | 2.20% | 28,385 | 3.70% |
| Net | 733,375 | 705,656 | (27,719) | -3.78% | 741,541 | 8,166 | 1.11% | 35,885 | 5.09% |
| Parks - Golf | |||||||||
| Expenditures | 171,000 | 174,150 | 3,150 | 1.84% | 177,809 | 6,809 | 3.98% | 3,659 | 2.10% |
| Net | 171,000 | 174,150 | 3,150 | 1.84% | 177,809 | 6,809 | 3.98% | 3,659 | 2.10% |
| Parks - Lawn Bowl | |||||||||
| Expenditures | 54,557 | 37,093 | (17,464) | -32.01% | 55,901 | 1,344 | 2.46% | 18,807 | 50.70% |
| Net | 54,557 | 37,093 | (17,464) | -32.01% | 55,901 | 1,344 | 2.46% | 18,807 | 50.70% |
| Parks - Velodrome | |||||||||
| Expenditures | 8,000 | 6,761 | (1,239) | -15.49% | 6,761 | (1,239) | -15.49% | 0 | 0.00% |
| Net | 8,000 | 6,761 | (1,239) | -15.49% | 6,761 | (1,239) | -15.49% | 0 | 0.00% |
| NET PARKS | 966,932 | 923,661 | (43,271) | -4.48% | 982,012 | 15,080 | 1.56% | 58,351 | 6.32% |
Page 16–36
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Food & Beverage - Administration | |||||||||
| Expenditures | 73,064 | 77,293 | 4,229 | 5.79% | 73,578 | 514 | 0.70% | (3,715) | -4.81% |
| Net | 73,064 | 77,293 | 4,229 | 5.79% | 73,578 | 514 | 0.70% | (3,715) | -4.81% |
| Food & Beverage - Q Centre | |||||||||
| Revenues | (331,000) | (303,690) | 27,310 | -8.25% | (319,835) | 11,165 | -3.37% | (16,145) | 5.32% |
| Expenditures | 198,835 | 188,552 | (10,283) | -5.17% | 201,474 | 2,639 | 1.33% | 12,922 | 6.85% |
| Net | (132,165) | (115,137) | 17,028 | -12.88% | (118,360) | 13,805 | -10.45% | (3,223) | 2.80% |
| Food & Beverage - Catering | |||||||||
| Revenues | (165,000) | (211,922) | (46,922) | 28.44% | (205,960) | (40,960) | 24.82% | 5,962 | -2.81% |
| Expenditures | 135,360 | 157,279 | 21,919 | 16.19% | 151,392 | 16,032 | 11.84% | (5,887) | -3.74% |
| Net | (29,640) | (54,642) | (25,002) | 84.35% | (54,568) | (24,928) | 84.10% | 74 | -0.14% |
| Food & Beverage - Café | |||||||||
| Revenues | (170,000) | (129,815) | 40,185 | -23.64% | (132,274) | 37,726 | -22.19% | (2,459) | 1.89% |
| Expenditures | 170,155 | 131,103 | (39,052) | -22.95% | 129,533 | (40,622) | -23.87% | (1,570) | -1.20% |
| Net | 155 | 1,288 | 1,133 | 731.27% | (2,741) | (2,896) | -1868.54% | (4,030) | -312.75% |
| Food & Beverage - Lounge | |||||||||
| Revenues | (32,700) | (43,432) | (10,732) | 32.82% | (44,300) | (11,600) | 35.47% | (869) | 2.00% |
| Expenditures | 24,085 | 29,197 | 5,112 | 21.23% | 28,680 | 4,595 | 19.08% | (517) | -1.77% |
| Net | (8,615) | (14,235) | (5,620) | 65.23% | (15,620) | (7,005) | 81.31% | (1,386) | 9.73% |
| NET FOOD & BEVERAGE | (97,201) | (105,433) | (8,232) | 8.47% | (117,712) | (20,511) | 21.10% | (12,279) | 11.65% |
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Program Administration | |||||||||
| Expenditures | 208,346 | 198,672 | (9,674) | -4.64% | 209,600 | 1,254 | 0.60% | 10,928 | 5.50% |
| Net | 208,346 | 198,672 | (9,674) | -4.64% | 209,600 | 1,254 | 0.60% | 10,928 | 5.50% |
| Programs - JDF Arena | |||||||||
| Revenues | (458,200) | (488,251) | (30,051) | 6.56% | (502,524) | (44,324) | 9.67% | (14,273) | 2.92% |
| Expenditures | 166,080 | 188,757 | 22,677 | 13.65% | 216,237 | 50,157 | 30.20% | 27,480 | 14.56% |
| Net | (292,120) | (299,494) | (7,374) | 2.52% | (286,287) | 5,833 | -2.00% | 13,207 | -4.41% |
| Programs - Q Centre | |||||||||
| Revenues | (602,700) | (612,924) | (10,224) | 1.70% | (623,325) | (20,625) | 3.42% | (10,401) | 1.70% |
| Expenditures | 395,934 | 401,810 | 5,876 | 1.48% | 402,495 | 6,561 | 1.66% | 685 | 0.17% |
| Net | (206,766) | (211,114) | (4,348) | 2.10% | (220,830) | (14,064) | 6.80% | (9,716) | 4.60% |
| Programs - Curling | |||||||||
| Revenues | (117,935) | (147,541) | (29,606) | 25.10% | (107,678) | 10,257 | -8.70% | 39,863 | -27.02% |
| Expenditures | 200 | 200 | 0 | 0.00% | 100 | (100) | -50.00% | (100) | -50.00% |
| Net | (117,735) | (147,341) | (29,606) | 25.15% | (107,578) | 10,157 | -8.63% | 39,763 | -26.99% |
| Programs - Pool | |||||||||
| Revenues | (886,500) | (898,773) | (12,273) | 1.38% | (892,812) | (6,312) | 0.71% | 5,961 | -0.66% |
| Expenditures | 675,962 | 693,511 | 17,549 | 2.60% | 666,726 | (9,236) | -1.37% | (26,785) | -3.86% |
| Net | (210,538) | (205,261) | 5,277 | -2.51% | (226,086) | (15,548) | 7.38% | (20,824) | 10.15% |
| Programs - Weights, Rehab, Fitness & Wellness | |||||||||
| Revenues | (742,800) | (679,771) | 63,029 | -8.49% | (715,508) | 27,292 | -3.67% | (35,738) | 5.26% |
| Expenditures | 486,735 | 479,163 | (7,572) | -1.56% | 562,107 | 75,372 | 15.49% | 82,943 | 17.31% |
| Net | (256,065) | (200,607) | 55,458 | -21.66% | (153,402) | 102,663 | -40.09% | 47,206 | -23.53% |
| Programs - Sports | |||||||||
| Revenues | (356,980) | (377,488) | (20,508) | 5.75% | (398,123) | (41,143) | 11.53% | (20,635) | 5.47% |
| Expenditures | 160,384 | 162,032 | 1,648 | 1.03% | 164,558 | 4,174 | 2.60% | 2,525 | 1.56% |
| Net | (196,596) | (215,456) | (18,860) | 9.59% | (233,566) | (36,970) | 18.81% | (18,110) | 8.41% |
| Programs - Golf | |||||||||
| Revenues | (307,000) | (296,666) | 10,334 | -3.37% | (304,031) | 2,969 | -0.97% | (7,365) | 2.48% |
| Expenditures | 123,402 | 109,863 | (13,539) | -10.97% | 111,887 | (11,515) | -9.33% | 2,025 | 1.84% |
| Net | (183,598) | (186,803) | (3,205) | 1.75% | (192,143) | (8,545) | 4.65% | (5,340) | 2.86% |
| Programs - Community Recreation Administration | |||||||||
| Revenues | (13,000) | (14,348) | (1,348) | 10.37% | (14,635) | (1,635) | 12.58% | (287) | 2.00% |
| Expenditures | 151,459 | 146,746 | (4,713) | -3.11% | 144,603 | (6,856) | -4.53% | (2,143) | -1.46% |
| Net | 138,459 | 132,398 | (6,061) | -4.38% | 129,968 | (8,491) | -6.13% | (2,430) | -1.84% |
| Programs - Arts & Culture | |||||||||
| Revenues | (285,029) | (255,920) | 29,109 | -10.21% | (254,210) | 30,819 | -10.81% | 1,710 | -0.67% |
| Expenditures | 276,036 | 274,310 | (1,726) | -0.63% | 263,153 | (12,883) | -4.67% | (11,157) | -4.07% |
| Net | (8,993) | 18,390 | (27,383) | -304.49% | 8,943 | 17,936 | -199.44% | (9,447) | -51.37% |
| Programs - Licensed Care | |||||||||
| Revenues | (722,776) | (752,640) | (29,864) | 4.13% | (671,626) | 51,150 | -7.08% | 81,014 | -10.76% |
| Expenditures | 572,556 | 561,416 | (11,140) | -1.95% | 531,304 | (41,252) | -7.20% | (30,113) | -5.36% |
| Net | (150,220) | (191,224) | (41,004) | 27.30% | (140,322) | 9,898 | -6.59% | 50,901 | -26.62% |
| Programs - Preschool to Youth | |||||||||
| Revenues | (327,464) | (347,826) | (20,362) | 6.22% | (333,775) | (6,311) | 1.93% | 14,051 | -4.04% |
| Expenditures | 320,676 | 354,190 | 33,514 | 10.45% | 351,140 | 30,464 | 9.50% | (3,050) | -0.86% |
| Net | (6,788) | 6,364 | 13,152 | -193.76% | 17,365 | 24,153 | -355.82% | 11,001 | 172.86% |
| Programs - Community Development | |||||||||
| Revenues | (50,353) | (49,725) | 628 | -1.25% | (52,512) | (2,159) | 4.29% | (2,787) | 5.61% |
| Expenditures | 153,016 | 149,383 | (3,633) | -2.37% | 159,575 | 6,559 | 4.29% | 10,192 | 6.82% |
| Net | 102,663 | 99,658 | (3,005) | -2.93% | 107,063 | 4,400 | 4.29% | 7,405 | 7.43% |
| NET PROGRAMS | (1,179,951) | (1,201,820) | (21,869) | 1.85% | (1,087,274) | 92,677 | -7.85% | 114,545 | -9.53% |
| REVENUE | (5,953,299) | (6,055,044) | (101,745) | 1.71% | (5,994,919) | (41,620) | 0.70% | 60,125 | -0.99% |
| EXPENSE | 10,703,691 | 10,501,757 | (201,934) | -1.89% | 10,595,252 | (108,439) | -1.01% | 93,495 | 0.89% |
| NET OPERATIONS | 4,750,392 | 4,446,713 | (303,679) | -6.39% | 4,600,333 | (150,059) | -3.16% | 153,620 | 3.45% |
CAPITAL PROJECTS
Page 16–36
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Transfers | |||||||||
| Fitness Equipment Reserve | (80,000) | (80,000) | 0 | 0.00% | (92,000) | (12,000) | 15.00% | (12,000) | 15.00% |
| Jdf Arena Floor Reserve | 0 | 0 | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Bus Replacement Reserve | (25,000) | (25,000) | 0 | 0.00% | 0 | 25,000 | -100.00% | 25,000 | -100.00% |
| Pool Liner Reserve (CRD) | 0 | 0 | 0 | 0.00% | (188,000) | (188,000) | 0.00% | (188,000) | 0.00% |
| Electronic Sign Reserve | 0 | 0 | 0 | 0.00% | 0 | 0 | 0.00% | 0 | 0.00% |
| Equipment & Maintenance Reserve | (697,853) | (697,853) | 0 | 0.00% | (854,794) | (156,941) | 22.49% | (156,941) | 22.49% |
| (802,853) | (802,853) | 0 | 0.00% | (1,134,794) | (331,941) | 41.35% | (331,941) | 41.35% | |
| Projects | |||||||||
| Small Equipment | 110,000 | 58,388 | (51,612) | -46.92% | 80,000 | (30,000) | -27.27% | 21,612 | 37.02% |
| Fitness Equipment | 80,000 | 62,451 | (17,549) | -21.94% | 92,000 | 12,000 | 15.00% | 29,549 | 47.32% |
| Vehicle Replacement - Purchases | 146,000 | 110,519 | (35,481) | -24.30% | 142,000 | (4,000) | -2.74% | 31,481 | 28.48% |
| Major Site Maintenance | 379,000 | 112,674 | (266,326) | -70.27% | 1,055,000 | 676,000 | 178.36% | 942,326 | 836.33% |
| Major Parks Maintenance | 285,000 | 125,233 | (159,767) | -56.06% | 113,000 | (172,000) | -60.35% | (12,233) | -9.77% |
| Total Capital Projects | 1,000,000 | 469,265 | (530,735) | -53.07% | 1,482,000 | 482,000 | 48.20% | 1,012,735 | 215.81% |
| NET CAPITAL PROJECTS | 197,147 | (333,588) | (530,735) | -269.21% | 347,206 | 150,059 | 76.12% | 680,794 | -204.08% |
REQUISITIONS
| 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget | $ Inc 2018 Projection | % Inc 2018 Projection | |
|---|---|---|---|---|---|---|---|---|---|
| REQUISITIONS | |||||||||
| Operating | (4,750,392) | (4,585,390) | 165,002 | -3.47% | (4,600,333) | 150,059 | -3.16% | (14,943) | 0.33% |
| Capital | (197,147) | (362,149) | (165,002) | 83.69% | (347,206) | (150,059) | 76.12% | 14,943 | -4.13% |
| TOTAL REQUISITIONS | (4,947,539) | (4,947,539) | 0 | 0.00% | (4,947,539) | 0 | 0.00% | 0 | 0.00% |
| REQUISITION REQUEST | |||||||||
| 01-10-18-100-0180 Requisitions - Colwood | (1,110,077) | (1,110,077) | 0 | 0.00% | (1,075,035) | 35,042 | -3.16% | 35,042 | -3.16% |
| 01-10-18-100-0181 Requisitions - Highlands | (177,304) | (177,304) | 0 | 0.00% | (180,577) | (3,273) | 1.85% | (3,273) | 1.85% |
| 01-10-18-100-0182 Requisitions - Langford | (2,511,736) | (2,511,736) | 0 | 0.00% | (2,576,401) | (64,665) | 2.57% | (64,665) | 2.57% |
| 01-10-18-100-0183 Requisitions - Metchosin | (422,583) | (422,583) | 0 | 0.00% | (389,075) | 33,508 | -7.93% | 33,508 | -7.93% |
| 01-10-18-100-0184 Requisitions - View Royal | (725,839) | (725,839) | 0 | 0.00% | (726,451) | (612) | 0.08% | (612) | 0.08% |
| TOTAL REQUISITIONS | (4,947,539) | (4,947,539) | 0 | 0.00% | (4,947,539) | 0 | 0.00% | 0 | 0.00% |
Page 16–36
REQUISITION REQUEST
West Shore Parks & Recreation Society 2019 Operating & Capital Budget Requisition Request
| REQUISITIONS | 2018 Budget | 2018 Projection | $ Variance | % of Budget | 2019 Budget | $ Inc 2018 Budget | % Inc 2018 Budget |
|---|---|---|---|---|---|---|---|
| Operating | (4,750,392) | (4,585,390) | 165,002 | -3.47% | (4,600,333) | 150,059 | -3.16% |
| Capital | (197,147) | (362,149) | (165,002) | 83.69% | (347,206) | (150,059) | 76.12% |
| TOTAL REQUISITIONS | (4,947,539) | (4,947,539) | 0 | 0.00% | (4,947,539) | 0 | 0.00% |
| REQUISITION REQUEST | |||||||
|---|---|---|---|---|---|---|---|
| 01-10-18-100-0180 | Requisitions - Colwood | (1,110,077) | (1,110,077) | 0 | 0.00% | (1,075,035) | 35,042 |
| 01-10-18-100-0181 | Requisitions - Highlands | (177,304) | (177,304) | 0 | 0.00% | (180,577) | (3,273) |
| 01-10-18-100-0182 | Requisitions - Langford | (2,511,736) | (2,511,736) | 0 | 0.00% | (2,576,401) | (64,665) |
| 01-10-18-100-0183 | Requisitions - Metchosin | (422,583) | (422,583) | 0 | 0.00% | (389,075) | 33,508 |
| 01-10-18-100-0184 | Requisitions - View Royal | (725,839) | (725,839) | 0 | 0.00% | (726,451) | (612) |
| TOTAL REQUISITIONS | (4,947,539) | (4,947,539) | 0 | 0.00% | (4,947,539) | 0 |
West Shore Parks & Recreation Society 2019 Operating & Capital Budget Requisition Request Per Capita
| MUNICIPALITY | POPULATION* | 2018 Budget | Per Capita | 2019 Budget | Per Capita |
|---|---|---|---|---|---|
| Colwood | 17,952 | (1,110,077) | (61.84) | (1,075,035) | (59.88) |
| Highlands | 2,561 | (177,304) | (69.23) | (180,577) | (70.51) |
| Langford | 36,704 | (2,511,736) | (68.43) | (2,576,401) | (70.19) |
| Metchosin | 4,764 | (422,583) | (88.70) | (389,075) | (81.67) |
| View Royal | 10,380 | (725,839) | (69.93) | (726,451) | (69.99) |
*From BC Stats 2017 Sub-Provincial Population Estimates
Page 16–36
CONVERTED ASSESSMENTS
West Shore Parks & Recreation Society 2019 Operating Budget Converted Assessments
| FOR ALL DEPARTMENTS | ||||||
|---|---|---|---|---|---|---|
| CONVERTED ASSESSMENTS | 2018 | 2017 | % CHANGE | |||
| GENERAL PURPOSE | EXEMPT | TOTAL | % | TOTAL | % | |
| City of Colwood | $409,524,583 | $46,036,150 | $455,560,733 | 21.73% | $390,372,616 | 21.97% |
| District of Highlands | 76,198,357 | 323,575 | 76,521,932 | 3.65% | 61,162,873 | 3.44% |
| City of Langford | 1,086,854,284 | 4,930,489 | 1,091,784,773 | 52.07% | 908,926,884 | 51.14% |
| District of Metchosin | 132,677,821 | 32,197,910 | 164,875,731 | 7.86% | 139,133,864 | 7.83% |
| Town of View Royal | 307,237,572 | 605,705 | 307,843,277 | 14.68% | 277,603,375 | 15.62% |
| TOTAL | $2,012,492,617 | $84,093,829 | $2,096,586,446 | 100.00% | $1,777,199,612 | 100.00% |
Page 16–36
FIVE YEAR OPERATING & CAPITAL FORECAST
West Shore Parks & Recreation Society 2019-2023 Five Year Operating and Capital Budget Forecast
| Budget 2018 | Budget 2019 | Budget 2020 | Budget 2021 | Budget 2022 | Budget 2023 | |
|---|---|---|---|---|---|---|
| Operating - Net Expense | 4,750,392 | 4,600,333 | 4,677,548 | 4,729,278 | 4,817,042 | 4,906,562 |
| Capital Projects | 1,000,000 | 1,482,000 | 1,406,300 | 1,153,000 | 683,000 | 1,271,000 |
| Operating Income - Maintain $347,206 | 197,147 | 347,206 | 347,206 | 347,206 | 347,206 | 347,206 |
| Requisition | 4,947,539 | 4,947,539 | 5,024,754 | 5,076,484 | 5,164,248 | 5,253,768 |
| Reserve Fund Transfers | 802,853 | 1,134,794 | 1,059,094 | 805,794 | 335,794 | 923,794 |
| Operating Reserve Fund Contributions | 176,556 | 164,056 | 164,056 | 164,056 | 164,056 | 164,056 |
| Projected Surplus | 834,415 | 0 | 0 | 0 | 0 | 0 |
| Reserve Status Year End | 2,585,140 | 1,614,402 | 719,364 | 77,626 | (94,112) | (853,850) |
| Requisition Increase $ | 0 | 77,215 | 51,730 | 87,764 | 89,520 | |
| Requisition % | 0.00% | 1.56% | 1.03% | 1.73% | 1.73% | |
| Operating User Pay Ratio | 55.62% | 56.58% | 56.65% | 57.00% | 57.03% | 57.06% |
| Operating Cost per Capita | 144.55 | 142.48 | 143.55 | 144.26 | 145.47 | 146.71 |
| Overall Cost per Capita | 147.28 | 147.28 | 148.35 | 149.06 | 150.27 | 151.51 |
*Note: Reserve Funds depleted in 2022 with current capital plans. Other funding sources such as a separate capital requisition to be sought or capital plan to be altered.
Page 16–36
Document Images
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Extracted from: 2019 04 09 Committee of the Whole Agenda - Agenda - Pdf