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Council Meeting/Documents/Schedule 2 Town of View Royal Consolidated Schedule of Segment Disclosure by Service Year ended December 31, 2022
Appendix

Schedule 2 Town of View Royal Consolidated Schedule of Segment Disclosure by Service Year ended December 31, 2022

July 4, 2023Page 1851 section

A financial schedule providing comparative 2021 actual revenue and expense data broken down by service segment.

1 CALL TO ORDER- Mayor Tobias called the meeting to order at 7:00 p.m.
2021 Actual Total Revenue: $20,256,6522021 Actual Total Expense: $18,888,1392021 Actual Surplus: $1,368,513Restated 2021 taxation for municipal purposes: $9,616,909

Town of View Royal

Consolidated Schedule of Segment Disclosure by Service

Year ended December 31, 2022

2021 General Government Protective Services Transportation Services Environmental Health Services Planning and Development Services Recreation and Cultural Services 2021 Actual (Restated - Note 21) 2021 Budget
Revenue
Taxation for municipal purposes $ 1,245,112 $ 3,949,860 $ 2,757,139 $ - $ 361,343 $ 1,303,455 $ 9,616,909 $ 9,614,978
User charges and sales of services 17,872 557,692 19,384 2,825,077 382,137 713,069 4,515,231 4,097,438
Investment income (1,224) 6,738 7,512 6,877 (81) 2,225 22,047 110,000
Actuarial adjustments on debt - 107,373 - - - - 107,373 -
Penalties and fines 90,110 5,670 - - - - 95,780 60,000
Development charges earned - - - 24,485 - 1,570 26,055 123,350
Contributions from developers and others - - 1,285,653 56,617 177,750 6,000 1,526,020 -
Other revenue from own sources 80,216 49,220 50,417 410,002 - 57,646 647,501 240,168
Government grants and transfers 923,580 264,484 678,180 - 50,717 1,328,187 3,245,148 2,815,775
Gain (loss) on sale of tangible capital assets (Note 9) 454,588 - - - - - 454,588 -
Total revenue 2,355,666 4,941,037 4,798,285 3,323,058 971,866 3,412,152 20,256,652 17,061,709
Expense
Labour and benefits 1,399,013 2,053,797 660,682 52,054 434,897 1,392,520 5,992,963 5,631,434
Goods and services 1,145,377 2,636,540 1,983,229 2,135,731 174,292 1,305,279 9,380,448 10,911,008
Amortization 69,518 354,751 2,024,303 283,600 - 370,871 3,103,043 3,099,457
Change in proportionate share of West Shore Parks and Recreation Society - - - - - 160,591 160,591 -
Debt interest - 251,094 - - - - 251,094 260,633
Total expense 2,613,908 5,296,182 4,668,214 2,471,385 609,189 3,229,261 18,888,139 19,902,532
Surplus (deficit) $ (258,242) $ (355,145) $ 130,071 $ 851,673 $ 362,677 $ 182,891 $ 1,368,513 $ (2,840,823)
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Extracted from: 2023 07 04 Council Agenda - Agenda - Pdf