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Council Meeting/Documents/Schedule 1 Town of View Royal Consolidated Schedule of Segment Disclosure by Service Year ended December 31, 2022
Appendix

Schedule 1 Town of View Royal Consolidated Schedule of Segment Disclosure by Service Year ended December 31, 2022

July 4, 2023Page 1841 section

A financial schedule providing a breakdown of 2022 actual revenues and expenses across various municipal service segments.

1 CALL TO ORDER- Mayor Tobias called the meeting to order at 7:00 p.m.
2022 Actual Total Revenue: $15,267,2682022 Actual Total Expense: $19,237,8682022 Actual Deficit: ($3,970,600)Taxation for municipal purposes: $10,203,427

Town of View Royal

Consolidated Schedule of Segment Disclosure by Service

Year ended December 31, 2022

2022 General Government Protective Services Transportation Services Environmental Health Services Planning and Development Services Recreation and Cultural Services 2022 Actual 2022 Budget (Note 17)
Revenue
Taxation for municipal purposes $ 2,591,520 $ 3,859,268 $ 2,826,264 $ - $ 361,799 $ 564,576 $ 10,203,427 $ 10,208,319
User charges and sales of services 13,949 448,633 62,173 2,960,595 676,315 885,955 5,047,620 4,646,625
Investment income 302,966 12,638 15,005 13,347 7,623 10,388 361,967 115,000
Actuarial adjustments on debt - 118,083 - - - - 118,083 -
Penalties and fines 91,351 18,010 - - - - 109,361 60,000
Development charges earned - - 63,910 119,257 - - 183,167 591,503
Contributions from developers and others 688 - 466,779 - 560,700 5,312 1,033,479 -
Other revenue from own sources 92,986 40,866 168,928 - - 72,359 375,139 258,470
Government grants and transfers 906,103 367,008 451,572 - 304,687 1,279,638 3,309,008 2,881,953
Gain (loss) on sale of tangible capital assets (Note 9) (5,473,983) - - - - - (5,473,983) -
Total revenue (1,474,420) 4,864,506 4,054,631 3,093,199 1,911,124 2,818,228 15,267,268 18,761,870
Expense
Labour and benefits 1,507,418 2,064,417 622,035 49,260 420,844 1,539,455 6,203,429 6,016,900
Goods and services 1,249,975 2,374,205 1,872,091 2,211,554 141,097 1,420,637 9,269,559 11,131,319
Amortization 69,926 409,890 1,988,948 283,368 - 398,913 3,151,045 3,164,347
Change in proportionate share of West Shore Parks and Recreation Society - - - - - 396,723 396,723 -
Debt interest - 217,112 - - - - 217,112 217,112
Total expense 2,827,319 5,065,624 4,483,074 2,544,182 561,941 3,755,728 19,237,868 20,529,678
Surplus (deficit) $ (4,301,739) $ (201,118) $ (428,443) $ 549,017 $ 1,349,183 $ (937,500) $ (3,970,600) $ (1,767,808)
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Extracted from: 2023 07 04 Council Agenda - Agenda - Pdf