Appendix
BUDGET COMPARISON - 2022 Budget Comparison
February 8, 2022Pages 22–231 section
Comparative analysis of the 2022 budget against actual and budgeted figures from 2020 and 2021.
Total Operational Revenues 2022: $6,162,889Total Operational Expenses 2022: $11,911,783View Royal 2021 Requisition: $764,054View Royal 2022 Requisition: $753,507 (-1.38% change)
BUDGET COMPARISON
West Shore Parks & Recreation Society 2022 Budget Comparison
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| REQUISITIONS | |||
| Colwood | - 1,082,239 | - 1,119,719 | - 1,191,599 |
| Highlands | - 178,581 | - 176,993 | - 193,573 |
| Langford | - 2,668,592 | - 2,827,243 | - 2,985,575 |
| Metchosin | - 387,753 | - 380,627 | - 415,127 |
| View Royal | - 753,874 | - 764,054 | - 753,507 |
| - 5,071,039 | - 5,268,635 | -$ 5,539,381 | |
| REQUISITION % INCREASE | 3.90% | 5.14% | |
| COVID RESTART GRANT | - | 1,062,169 | 209,513 |
| OPERATIONAL REVENUES | |||
| Finance | - 116,084 | - 69,383 | - 94,384 |
| Food & Beverage | - 683,804 | - 38,674 | - 288,389 |
| Maintenance | - 217,941 | - 158,082 | - 170,999 |
| Marketing | - 16,027 | - 11,164 | - 18,000 |
| Parks | - 52,479 | - 45,511 | - 55,343 |
| Programs | - 5,224,588 | - 2,985,447 | - 5,505,772 |
| Reception | - 37,861 | - 16,150 | - 30,003 |
| - 6,348,784 | - 3,324,412 | -$ 6,162,889 | |
| OPERATIONAL EXPENSES | |||
| Administration | 421,168 | 576,426 | 461,524 |
| Finance | 773,996 | 747,797 | 844,976 |
| Food & Beverage | 584,496 | 86,277 | 275,792 |
| Human Resources | 141,714 | 146,805 | 183,720 |
| Maintenance | 3,296,352 | 2,281,851 | 3,472,113 |
| Marketing | 76,500 | 38,260 | 28,250 |
| Parks | 1,022,889 | 960,256 | 1,041,056 |
| Programs | 3,972,343 | 2,776,794 | 4,367,841 |
| Reception | 628,159 | 586,377 | 642,930 |
| Transfer to Fitness Equipment Reserve | 80,000 | 80,000 | 80,000 |
| Transfer to Electronic Sign Reserve | 10,000 | 10,000 | 10,000 |
| Transfer to IT Reserve | 15,000 | 15,000 | 15,000 |
| Transfer to Turf Replacement Reserve | 30,000 | 30,000 | 30,000 |
| Transfer to Bus Reserve | 20,000 | 20,000 | 20,000 |
| Transfer to General Capital | 347,206 | 237,206 | 438,581 |
| 11,419,823 | 8,593,047 | $ 11,911,783 | |
| Annual Surplus/ (Deficit) | 0 | 0 | 0 |
| CAPITAL FUNDING | |||
| Equipment Replacement Reserve | - 194,794 | - 20,000 | - 20,000 |
| General Capital Reserve | - 1,488,094 | - 683,000 | - 989,500 |
| Government Grants and Contributions | - 5,797,736 | - 4,872,736 | - 1,279,900 |
| -$ 7,480,624 | - 5,575,736 | -$ 2,289,400 | |
| CAPITAL EXPENSES | |||
| Equipment Replacement Expenses | 194,794 | 20,000 | 20,000 |
| Major site Maintenance Expenses | 2,188,094 | 4,275,736 | 989,500 |
| New Initiative Expenses | 5,097,736 | 1,280,000 | 1,279,900 |
| 7,480,624 | 5,575,736 | $ 2,289,400 | |
| Financial Plan Balance | 0 | 0 | 0 |
Page 22–23
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Extracted from: 2022 02 08 Committee of the Whole Agenda - Agenda - Pdf