Appendix
Statement of Development Cost Charges (DCCs)
July 4, 2023Page 1931 section
A report on the balance and activities within development cost charge accounts for drainage, highways, parks, and sewers.
Total DCC balance as of December 31, 2022: $6,222,401Total DCCs received in 2022: $1,130,464
Town of View Royal
Statement of Development Cost Charges (DCCs)
As at December 31, 2022
| Balance January 1 | Transfer to Projects | DCCs Received | Interest Earned | Balance December 31 | |
|---|---|---|---|---|---|
| Drainage DCCs | $ 1,316,537 | $ - | $ 27,157 | $ 6,957 | $ 1,350,651 |
| Highways DCCs | 1,802,885 | 63,910 | 337,450 | 13,826 | 2,090,251 |
| Park Improvement DCCs | 426,444 | - | 166,072 | 4,991 | 597,507 |
| Park Land DCCs | 632,137 | - | 276,539 | 7,086 | 915,762 |
| Sewer DCCs | 1,054,626 | 119,257 | 323,246 | 9,615 | 1,268,230 |
| $ 5,232,629 | $ 183,167 | $ 1,130,464 | $ 42,475 | $ 6,222,401 |
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Extracted from: 2023 07 04 Council Agenda - Agenda - Pdf