Appendix
Schedule 1 - Consolidated Schedule of Segment Disclosure by Service
June 17, 2025Page 1401 section
A financial schedule detailing revenue and expenses for the 2024 fiscal year segmented by municipal service departments.
Total 2024 Actual Revenue: $26,114,694Total 2024 Actual Expense: $21,446,814Annual Surplus: $4,667,880
Town of View Royal
Consolidated Schedule of Segment Disclosure by Service
Year ended December 31, 2024
| 2024 | General Government Services | Protective Services | Transportation Services | Environmental Health Services | Development Services | Recreation and Cultural Services | 2024 Actual | 2024 Budget (Note 19) |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Taxation for municipal purposes | $ 2,664,436 | $ 4,664,672 | $ 2,907,422 | $ - | $ 411,725 | $ 1,561,273 | $ 12,209,528 | $ 12,241,375 |
| User charges and sales of services | 9,805 | 481,980 | 58,031 | 3,270,716 | 943,654 | 1,078,108 | 5,842,294 | 5,396,732 |
| Investment income | 1,367,707 | 150,563 | 174,195 | 131,355 | 120,742 | 114,880 | 2,059,442 | 465,000 |
| Actuarial adjustments on debt | - | 143,633 | - | - | - | - | 143,633 | - |
| Penalties and fines | 114,166 | 23,504 | - | - | - | - | 137,670 | 69,000 |
| Development charges earned | - | - | 281,945 | 62,708 | - | 4,295 | 348,948 | 553,276 |
| Contributions from developers and others | - | - | - | - | 1,049,550 | - | 1,049,550 | 634,500 |
| Other revenue from own sources | 219,028 | 35,652 | 215,277 | 33,789 | - | - | 503,746 | 319,696 |
| Government grants and transfers | 604,818 | 831,931 | 956,707 | - | 550,554 | 939,439 | 3,883,449 | 5,085,104 |
| Gain (loss) on sale of tangible capital assets (Note 9) | (11,783) | (129) | 8,946 | (60,600) | - | - | (63,566) | - |
| Total revenue | 4,968,177 | 6,331,806 | 4,602,523 | 3,437,968 | 3,076,225 | 3,697,995 | 26,114,694 | 24,764,683 |
| Expense | ||||||||
| Labour and benefits | 1,840,098 | 2,777,961 | 738,082 | 59,843 | 607,686 | 1,705,919 | 7,729,589 | 7,410,322 |
| Goods and services | 954,201 | 2,668,712 | 2,096,914 | 2,490,601 | 102,155 | 1,578,723 | 9,891,306 | 12,646,578 |
| Amortization | 108,018 | 424,316 | 2,017,817 | 321,205 | - | 442,710 | 3,314,066 | 3,279,925 |
| Change in proportionate share of West Shore Parks and Recreation Society | - | - | - | - | - | 245,655 | 245,655 | - |
| Debt interest | - | 266,198 | - | - | - | - | 266,198 | 217,112 |
| Total expense | 2,902,317 | 6,137,187 | 4,852,813 | 2,871,649 | 709,841 | 3,973,007 | 21,446,814 | 23,553,937 |
| Surplus (deficit) | $ 2,065,860 | $ 194,619 | $ (250,290) | $ 566,319 | $ 2,366,384 | $ (275,012) | $ 4,667,880 | $ 1,210,746 |
Page 140
Extracted from: 2025 06 17 Council Agenda - Agenda - Pdf