Appendix
Statement of Development Cost Charges (DDC)
July 15, 2014Page 1592 sections
Financial summary of DCC accounts for drainage, highways, parks, and sewers.
Ending balance Dec 31, 2013: $4,231,743
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Town of View Royal
Statement of Development Cost Charges (DCC)
Year ended December 31, 2013
| Balance January 1 | Transfer to Projects | DCC's Received | Interest Earned | Balance December 31 | |
|---|---|---|---|---|---|
| Drainage DCC | $ 862,863 | $ 2,814 | $ 4,979 | $ 11,072 | $ 876,100 |
| Highways DCC | 1,786,537 | 6,850 | 30,947 | 23,036 | 1,833,670 |
| Park Improvement DCC | 95,559 | 6,009 | 2,526 | 1,237 | 93,313 |
| Park Land DCC | 365,988 | - | 6,311 | 4,719 | 377,018 |
| Sewer DCC | 1,147,227 | 115,000 | 4,703 | 14,712 | 1,051,642 |
| Total | $ 4,258,174 | $ 130,673 | $ 49,466 | $ 54,776 | $ 4,231,743 |
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Extracted from: 2014 07 15 Council Agenda