Schedule 1.2 Consolidated Operating Financial Plan (Attachment A)

Category	2024 Actual $	2025 Actual $	2025 Budget $	2026 Budget $	2026 Budget Chg %	2027 Budget $	2027 Budget Chg %	2028 Budget $	2028 Budget Chg %	2029 Budget $	2029 Budget Chg %	2030 Budget $	2030 Budget Chg %
Revenue
Operating revenue
Taxation
Property Taxes	11,992,833	12,905,616	12,961,821	14,404,722	11%	15,200,550	6%	15,991,500	5%	16,834,200	5%	17,627,400	5%
1% utility tax	141,765	144,799	147,000	137,000	-7%	139,800	2%	142,600	2%	145,500	2%	148,400	2%
Payments in lieu of taxes	74,930	81,026	75,400	41,300	-45%	42,200	2%	43,100	2%	44,000	2%	44,900	2%
Taxation Total	12,209,528	13,131,442	13,184,221	14,583,022	11%	15,382,550	5%	16,177,200	5%	17,023,700	5%	17,820,700	5%
User fees
Garbage collection	756,531	786,004	799,814	813,900	2%	830,200	2%	846,800	2%	863,700	2%	881,000	2%
Sanitary sewer	952,021	991,377	990,689	1,022,300	3%	1,093,800	7%	1,166,600	7%	1,241,000	6%	1,316,800	6%
Sanitary sewer CRD	1,552,589	1,714,491	1,703,700	1,769,700	4%	1,805,100	2%	1,841,200	2%	1,878,000	2%	1,915,600	2%
Storm drainage	850	-	100	7,700	0%	7,900	3%	8,100	3%	8,300	2%	8,500	2%
User fee Total	3,261,991	3,491,772	3,501,903	3,613,600	3%	3,737,000	3%	3,862,700	3%	3,991,000	3%	4,121,900	3%
Sale of services
Licences	59,428	66,558	63,500	64,000	1%	65,300	2%	66,600	2%	67,900	2%	69,300	2%
Permits	967,753	258,923	608,000	356,200	-41%	363,200	2%	370,400	2%	377,700	2%	385,200	2%
Garbage ticket sales	9,576	-	7,000	7,000	0%	7,100	1%	7,200	1%	7,300	1%	7,400	1%
Fire protection and emergency program	381,472	454,179	379,000	457,000	21%	466,100	2%	475,400	2%	484,900	2%	494,600	2%
Other services	83,967	90,843	44,000	59,100	34%	36,800	-38%	37,400	2%	38,000	2%	38,800	2%
Sale of services total	1,502,196	870,503	1,101,500	943,300	-14%	938,500	-1%	957,000	2%	975,800	2%	995,300	2%
Penalties and fines
Fines and MTI	23,504	7,665	8,000	13,500	69%	13,800	2%	14,100	2%	14,400	2%	14,700	2%
10% property tax penalty	95,632	104,871	60,000	60,000	0%	61,200	2%	62,400	2%	63,600	2%	64,900	2%
Interest on arrears and deliquent taxes	18,534	21,545	11,000	14,300	30%	14,600	2%	14,900	2%	15,200	2%	15,500	2%
Penalties and fines total	137,670	134,081	79,000	87,800	11%	89,600	2%	91,400	2%	93,200	2%	95,100	2%
Investment income
Bank interest	781,447	1,275,113	350,000	500,000	43%	510,000	2%	520,200	2%	530,600	2%	541,200	2%
Interest on investments	321,047	-	265,000	280,000	6%	285,600	2%	291,300	2%	297,100	2%	303,000	2%
Investment income total	1,102,494	1,275,113	615,000	780,000	27%	795,600	2%	811,500	2%	827,700	2%	844,200	2%
Other revenue
Building rental	35,652	35,464	99,500	93,500	-6%	95,400	2%	97,300	2%	99,200	2%	101,200	2%
FortisBC operating fee	84,963	71,018	71,018	79,000	11%	80,600	2%	82,200	2%	83,800	2%	85,500	2%
Other revenue	339,342	36,759	94,500	92,500	-2%	94,300	2%	96,100	2%	98,000	2%	99,900	2%
Other revenue total	459,957	143,241	265,018	265,000	0%	270,300	2%	275,600	2%	281,000	2%	286,600	2%
Government grants and transfers
Small Communities Protection grant	368,200	327,000	380,000	335,000	-12%	341,700	2%	348,500	2%	355,500	2%	362,600	2%
Traffic Fine Revenue Sharing grant	62,000	78,000	70,000	70,000	0%	71,400	2%	72,800	2%	74,300	2%	75,800	2%
Casino revenue grant	1,879,314	1,745,372	1,900,000	1,700,000	-11%	1,666,000	-2%	1,632,700	-2%	1,600,000	-2%	1,568,000	-2%
Community Works Fund (gas tax) grant	590,466	590,466	590,466	590,500	0%	602,300	2%	614,300	2%	626,600	2%	639,100	2%
Other government grants and transfers	731,367	297,998	428,500	367,176	-14%	3,600	-99%	3,700	3%	3,800	3%	3,900	3%
Government grants and transfers total	3,631,347	3,038,836	3,368,966	3,062,676	-9%	2,685,000	-12%	2,672,000	0%	2,660,200	0%	2,649,400	0%
Contributions from developers and others	1,049,550	144,983	342,090	472,700	38%	10,000	-98%	10,000	0%	10,000	0%	-	-100%
Operating revenue total	23,354,733	22,229,971	22,457,698	23,808,098	6%	23,908,550	0%	24,857,400	4%	25,862,600	4%	26,813,200	4%
Transfers for operations
Transfers from reserves	62,389	134,638	430,170	620,900	44%	362,250	-42%	323,200	-11%	329,700	2%	336,300	2%
Transfers from reserve accounts	1,167,901	-	-	-	0%	-	0%	-	0%	-	0%	-	0%
Transfers from accumulated surplus	2,100	1,448,968	2,300,539	2,434,000	6%	1,999,000	-18%	2,027,100	1%	1,682,700	-17%	1,503,500	-11%
Transfers from equity in capital assets	3,101,430	3,317,441	3,317,441	3,649,185	10%	3,722,200	2%	3,796,600	2%	3,872,600	2%	3,950,000	2%
Internal cost allocations	555,183	566,284	566,284	576,100	2%	587,600	2%	599,300	2%	611,300	2%	623,500	2%
Transers from operations total	4,889,003	5,467,331	6,614,434	7,280,185	10%	6,671,050	-8%	6,746,200	1%	6,496,300	-4%	6,413,300	-1%
Revenue Total	28,243,736	27,697,301	29,072,132	31,088,283	7%	30,579,600	-2%	31,603,600	3%	32,358,900	2%	33,226,500	3%
Expense
Operating expense
General government services
Legislative	225,101	229,853	268,920	255,600	-5%	260,800	2%	266,000	2%	271,300	2%	276,800	2%
Public Relations	244,774	257,874	329,569	330,767	0%	271,600	-18%	277,000	2%	282,400	2%	288,000	2%
Administrative	1,184,730	1,280,963	1,700,576	1,873,500	10%	1,712,600	-9%	1,784,700	4%	1,852,100	4%	1,808,400	-2%
Election	-	-	-	62,700	0%	-	-100%	-	0%	-	0%	-	0%
Finance	712,006	767,844	799,350	771,300	-4%	801,700	4%	796,600	-1%	815,700	2%	842,300	3%
Information Technology	307,700	348,275	399,339	425,300	7%	434,900	2%	417,600	-4%	425,500	2%	433,500	2%
Other Fiscal Services	119,988	102,630	52,800	53,000	0%	54,100	2%	55,200	2%	56,300	2%	57,500	2%
General government services total	2,794,299	2,987,439	3,550,554	3,772,167	6%	3,535,700	-6%	3,597,100	2%	3,703,300	3%	3,706,500	0%
Protective services
Fire Services	2,604,741	3,128,605	2,995,207	3,570,580	19%	3,614,100	1%	3,961,700	10%	4,329,500	9%	4,728,200	9%
Emergency Planning	284,613	292,911	407,686	353,500	-13%	277,300	-22%	282,700	2%	288,200	2%	293,800	2%
Building Inspection	176,787	178,652	202,027	201,100	0%	205,100	2%	209,100	2%	213,200	2%	217,300	2%
Bylaw Enforcement	150,614	143,661	177,500	169,900	-4%	173,100	2%	176,300	2%	179,700	2%	183,100	2%
Other Protective Services	51,564	44,256	53,107	53,100	0%	54,200	2%	55,300	2%	56,400	2%	57,500	2%
Police	2,178,355	3,084,179	3,559,131	4,120,100	16%	3,998,400	-3%	4,078,300	2%	4,159,900	2%	4,243,000	2%
Protective services total	5,446,674	6,872,264	7,394,658	8,468,280	15%	8,322,200	-2%	8,763,400	5%	9,226,900	5%	9,722,900	5%
Transportation Services
Transportation Administration	834,882	1,007,078	1,345,151	1,249,800	-7%	907,400	-27%	909,700	0%	940,600	3%	945,800	1%
Transportation Roads	1,779,178	1,628,103	1,683,389	1,614,600	-4%	1,616,800	0%	1,677,400	4%	1,681,000	0%	1,742,800	4%
Drainage	220,935	201,475	229,600	177,000	-23%	180,500	2%	184,100	2%	187,800	2%	191,500	2%
Transportation services total	2,834,995	2,836,657	3,258,140	3,041,400	-7%	2,704,700	-11%	2,771,200	2%	2,809,400	1%	2,880,100	3%
Environmental health services
Garbage Collection	684,366	680,972	731,474	745,600	2%	755,900	1%	775,500	3%	786,400	1%	806,500	3%
Sanitary Sewer	1,866,078	1,962,131	2,127,559	2,382,300	12%	2,226,000	-7%	2,270,400	2%	2,315,800	2%	2,362,100	2%
Environmental health services total	2,550,444	2,643,102	2,859,033	3,127,900	9%	2,981,900	-5%	3,045,900	2%	3,102,200	2%	3,168,600	2%
Development services
Planning services	681,071	912,233	963,004	981,076	2%	949,600	-3%	984,200	4%	804,100	-18%	769,400	-4%
Economic Development	28,769	30,026	31,319	31,900	2%	32,500	2%	33,100	2%	33,700	2%	34,300	2%
Development services total	709,840	942,258	994,323	1,012,976	2%	982,100	-3%	1,017,300	4%	837,800	-18%	803,700	-4%
Parks services
Parks Services	881,969	920,830	1,030,017	1,196,800	16%	1,198,800	0%	1,164,200	-3%	1,139,900	-2%	1,105,900	-3%
Parks services total	881,969	920,830	1,030,017	1,196,800	16%	1,198,800	0%	1,164,200	-3%	1,139,900	-2%	1,105,900	-3%
Recreation and culture services
Library services	652,827	671,890	688,064	723,182	5%	737,600	2%	752,400	2%	767,400	2%	782,700	2%
Recreation services	786,434	790,789	790,789	817,493	3%	833,800	2%	850,500	2%	867,500	2%	884,900	2%
Recreation and culture services total	1,439,261	1,462,679	1,478,853	1,540,675	4%	1,571,400	2%	1,602,900	2%	1,634,900	2%	1,667,600	2%
Interest on debt	266,198	284,090	284,090	284,000	0%	248,100	-13%	248,100	0%	248,100	0%	248,100	0%
Operating expense total	16,923,680	18,949,319	20,849,668	22,444,198	8%	21,544,900	-4%	22,210,100	3%	22,702,500	2%	23,303,400	3%
Internal cost allocations - expense	555,183	566,284	566,284	576,100	2%	587,600	2%	599,300	2%	611,300	2%	623,500	2%
Amortization	3,101,430	3,317,441	3,317,441	3,649,185	10%	3,722,200	2%	3,796,600	2%	3,872,600	2%	3,950,000	2%
Principal payments on debt	315,615	333,073	333,073	333,100	0%	201,800	-39%	201,800	0%	201,800	0%	201,800	0%
Transfers to reserves/surplus	6,015,088	3,399,242	4,005,666	4,085,700	20%	4,523,100	11%	4,795,800	6%	4,970,700	4%	5,147,800	4%
Expense total	26,910,996	26,565,329	29,072,132	31,088,283	7%	30,579,600	-2%	31,603,600	3%	32,358,900	2%	33,226,500	3%