2016-2020_Financial_Plan_Web

GENERAL OPERATING FINANCIAL SUMMARY (in thousands)

2014

2015

2015

2016

2017 PLAN

2018 PLAN

2019 PLAN

2020 PLAN

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET

Restated

Restated

Taxation

262,610 $

290,712 $

294,514 $

309,642 $

328,610 $

348,846 $

370,431 $

393,462 $

Departmental Revenues

66,734

76,480

74,388

79,404

81,172

82,994

85,773

88,953

Investment Income

14,474

13,525

14,112

13,769

12,648

12,271

11,981

11,822

Secondary Suite Infrastructure Fees

8,083

15,753

16,311

17,117

18,318

19,603

20,979

22,451

Corporate Lease Revenue

3,604

4,490

4,895

5,930

6,014

6,100

6,189

6,279

Contribution from SCDC

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

Penalties & Interest

3,896

3,676

3,800

4,100

4,300

4,500

4,700

4,700

Provincial Revenue Sharing re: Gaming

3,055

3,073

3,100

3,200

3,300

3,400

3,500

3,600

Other Revenue

1,999

3,161

1,900

1,975

2,125

2,276

2,429

2,483

439,637 $

460,987 $

484,490 $

510,482 $

538,250 $

368,955 $

415,370 $

417,520 $

EXPENDITURE SUMMARY

Departmental Expenditures

335,220 $

361,788 $

369,747 $

393,571 $

406,792 $

418,955 $

434,889 $

453,330 $

Council Initiative Fund

250

175

250

250

250

250

250

250

Fiscal Services

13,545

33,064

24,295

19,577

22,627

29,995

34,562

39,117

Contribution to Capital

10,356

12,373

12,400

13,500

15,100

16,800

18,600

20,500

Contributions to Road & Transp. Fund

22,512

15,933

18,432

16,592

16,592

16,592

16,592

16,592

Net Tsf.To/(From) Surplus & Other Funds

(12,928)

(7,963)

(3,734)

(3,853)

(374)

1,898

5,589

8,461

368,955 $

415,370 $

421,390 $

439,637 $

460,987 $

484,490 $

510,482 $

538,250 $

Surplus/(Deficit)

$

- -

$

- -

$

(3,870)

$

- -

$

- -

$

- -

$

- -

$

- -

Transfers (To)/From Surplus

3,870

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

2016-2020 FINANCIAL PLAN

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