Appendix
Schedule 'A' - Consolidated Financial Plan
March 20, 2018Page 361 section
Financial table detailing projected revenues and expenses, including taxation, grants, and department-level spending through 2022.
2018 Taxation Revenue: $8,475,6802018 Total Revenue: $14,532,6632018 Annual deficit: ($379,790)
Schedule 'A'
Consolidated Financial Plan
For the years 2018 to 2021
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Taxation | 8,475,680 | 9,327,703 | 9,574,110 | 9,802,938 | 10,099,781 |
| User Fees | 1,346,035 | 1,360,916 | 1,383,097 | 1,398,380 | 1,425,396 |
| Sales of services | 812,650 | 812,440 | 828,540 | 844,959 | 878,711 |
| Government grants and transfers | 3,251,733 | 5,405,000 | 4,071,666 | 3,405,000 | 3,405,000 |
| Other revenue | 448,065 | 186,032 | 188,743 | 191,502 | 194,321 |
| Penalties and fines | 58,000 | 58,180 | 58,360 | 58,540 | 58,730 |
| Investment income | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 |
| Contributions from developers and others | 35,500 | 30,000 | - | - | - |
| 14,532,663 | 17,285,271 | 16,209,516 | 15,806,319 | 16,166,939 | |
| Expense | |||||
| General government services | 2,276,905 | 2,398,962 | 2,350,620 | 2,377,131 | 2,465,109 |
| Protective services | 3,615,373 | 3,683,494 | 3,745,789 | 3,814,220 | 3,874,165 |
| Transportation services | 2,714,168 | 2,719,819 | 2,781,556 | 2,869,912 | 2,919,716 |
| Environmental health services | 796,259 | 800,656 | 820,206 | 833,078 | 853,281 |
| Development services | 485,175 | 574,857 | 614,799 | 559,451 | 495,328 |
| Parks | 644,802 | 654,658 | 671,965 | 690,809 | 705,475 |
| Recreation and culture services | 1,248,238 | 1,353,892 | 1,380,970 | 1,406,971 | 1,433,464 |
| Interest on debt | 260,633 | 284,633 | 280,112 | 275,456 | 285,271 |
| Amortization | 2,870,900 | 2,979,400 | 3,032,988 | 3,087,648 | 3,143,400 |
| 14,912,453 | 15,450,371 | 15,679,005 | 15,914,676 | 16,175,209 | |
| Annual surplus (deficit) | (379,790) | 1,834,900 | 530,511 | (108,357) | (8,270) |
| Capital | |||||
| Capital expenditures (Schedule 'B') | 3,099,085 | 4,672,700 | 3,165,100 | 758,400 | 343,700 |
| Transfer from equity in capital assets | (2,870,900) | (2,979,400) | (3,032,988) | (3,087,648) | (3,143,400) |
| 228,185 | 1,693,300 | 132,112 | (2,329,248) | (2,799,700) | |
| Reserves | |||||
| Transfer from reserves for operating | (76,300) | - | - | (4,500) | - |
| Transfer from reserves for capital | (483,685) | (557,500) | (214,900) | (103,900) | (177,500) |
| Transfer to reserves | 605,280 | 697,259 | 759,279 | 841,338 | 847,050 |
| 45,295 | 139,759 | 544,379 | 732,938 | 669,550 | |
| Surplus | |||||
| Transfers to surplus from operating | 1,346,975 | 1,629,887 | 1,675,879 | 1,676,122 | 1,725,225 |
| Transfers from surplus for capital | (1,506,715) | (2,085,200) | (2,283,534) | (167,500) | (166,200) |
| (159,740) | (455,313) | (607,655) | 1,508,622 | 1,559,025 | |
| Debt | |||||
| Proceeds from borrowing | (800,000) | - | - | (487,000) | - |
| Principal payments on debt | 306,470 | 457,154 | 461,675 | 466,331 | 562,855 |
| (493,530) | 457,154 | 461,675 | (20,669) | 562,855 | |
| Net capital, reserves, surplus and debt | (379,790) | 1,834,900 | 530,511 | (108,357) | (8,270) |
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Extracted from: 2018 03 20 Council Agenda - Agenda - Pdf