Council Meeting/Documents/Schedule 2 - Consolidated Schedule of Segment Disclosure by Service (2023 Comparative)
Appendix
Schedule 2 - Consolidated Schedule of Segment Disclosure by Service (2023 Comparative)
June 17, 2025Page 1411 section
A comparative financial schedule detailing segmented revenue and expenses for the 2023 fiscal year.
Total 2023 Actual Revenue: $28,000,455Total 2023 Actual Expense: $20,643,926Annual Surplus: $7,356,529
Town of View Royal
Consolidated Schedule of Segment Disclosure by Service
Year ended December 31, 2024
| 2023 | General Government Services | Protective Services | Transportation Services | Environmental Health Services | Development Services | Recreation and Cultural Services | 2023 Actual | 2023 Budget |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Taxation for municipal purposes | $ 2,343,439 | $ 4,253,851 | $ 2,871,975 | $ - | $ 402,008 | $ 1,437,176 | $ 11,308,449 | $ 11,318,193 |
| User charges and sales of services | 10,732 | 480,170 | 94,022 | 3,063,964 | 474,552 | 1,007,528 | 5,130,968 | 4,829,587 |
| Investment income | 1,325,588 | 135,177 | 144,592 | 133,628 | 50,711 | 103,992 | 1,893,688 | 115,000 |
| Actuarial adjustments on debt | - | 134,316 | - | - | - | - | 134,316 | - |
| Penalties and fines | 74,846 | 14,676 | - | - | - | - | 89,522 | 76,000 |
| Development charges earned | - | - | 199,710 | 3,648 | - | 21,728 | 225,086 | 722,345 |
| Contributions from developers and others | 3,000 | - | - | - | 910,350 | - | 913,350 | 1,018,000 |
| Other revenue from own sources | 111,821 | 57,725 | 103,275 | 2,432 | - | 116,184 | 391,437 | 307,580 |
| Government grants and transfers | 5,516,280 | 492,545 | 610,392 | - | 121,024 | 1,202,786 | 7,943,027 | 8,237,209 |
| Gain (loss) on sale of tangible capital assets (Note 9) | (539) | (21,233) | (7,616) | - | - | - | (29,388) | - |
| Total revenue | 9,385,167 | 5,547,227 | 4,016,350 | 3,203,672 | 1,958,645 | 3,889,394 | 28,000,455 | 26,623,914 |
| Expense | ||||||||
| Labour and benefits | 1,692,725 | 2,170,870 | 634,082 | 58,478 | 477,263 | 1,624,705 | 6,658,123 | 6,607,304 |
| Goods and services | 1,120,851 | 3,148,363 | 2,211,275 | 2,330,250 | 49,917 | 1,516,381 | 10,377,037 | 11,616,890 |
| Amortization | 81,738 | 417,953 | 1,951,453 | 297,919 | - | 415,371 | 3,164,434 | 3,223,099 |
| Change in proportionate share of West Shore Parks and Recreation Society | - | - | - | - | - | 227,220 | 227,220 | - |
| Debt interest | - | 217,112 | - | - | - | - | 217,112 | 217,112 |
| Total expense | 2,895,314 | 5,954,298 | 4,796,810 | 2,686,647 | 527,180 | 3,783,677 | 20,643,926 | 21,664,405 |
| Surplus (deficit) | $ 6,489,853 | $ (407,071) | $ (780,460) | $ 517,025 | $ 1,431,465 | $ 105,717 | $ 7,356,529 | $ 4,959,509 |
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Extracted from: 2025 06 17 Council Agenda - Agenda - Pdf