2016-2020_Financial_Plan_Web

FINANCIAL OVERVIEW CONSOLIDATED FINANCIAL SUMMARY (in thousands)

2014

2015

2015

2016

2017 PLAN

2018 PLAN

2019 PLAN

2020 PLAN

REVENUE SUMMARY

ACTUAL Restated

ACTUAL

BUDGET Restated

BUDGET

Taxation

General Operating Utilities Operating Gross Taxation

$

538,700 48,414 587,114 (276,090) 311,024

$

571,723 53,945 625,668 (281,012) 344,656

$

578,789 55,209 633,998 (284,275) 349,723

605,004 $

$

635,493 63,642 699,135 (306,883) 392,252

$

667,699 68,922 736,621 (318,853) 417,768

$

701,719 74,593 776,312 (331,288) 445,024

$

737,670 80,657 818,327 (344,208) 474,119

58,635 663,639 (295,362) 368,277 79,404 158,818 17,015 17,117

Less: Collection for Other Authorities

Departmental Revenues General Operating

66,734 150,058 12,882

76,480 157,950 12,099 15,753

74,388 155,037 14,197 16,311

81,172 169,115 25,418 18,318

82,994 176,676 22,555 19,603

85,773 186,839 26,095 20,979

88,953 198,106 28,425 22,451

Utilities Operating

Other Entities

Secondary Suite Infrastructure Fee

8,083

(8,744)

(8,962)

Less: Government Transfers included in Operating

(6,102)

(8,483)

(7,930)

(8,129)

(8,328)

(8,533)

231,655

253,799

252,003

264,225

285,695

293,295

310,942

328,973

Penalties and Interest General Operating

3,896 1,199 5,095

3,676 1,226 4,902

3,800 1,087 4,887

4,100 1,044 5,144

4,300 1,090 5,390

4,500 1,159 5,659

4,700 1,234 5,934

4,700 1,312 6,012

Utilities Operating

Development Charges Development Cost Charges Developer Contributions Capital External Sources Capital NCP Reserve Funds Capital Cash in lieu of Parkland

56,611 146,796 13,831

58,598 129,608

125,583 121,997

133,486 124,196

163,159 121,925

172,826 120,292

193,194 121,198

196,892 122,348

4,604 3,104 4,167

1,720 2,587

875

875

875

875

875

3,503 3,673

6,441 1,156

4,450 3,045

1,850 3,045

1,850 3,045

1,850 3,045

-

224,414

200,081

251,887

266,154

293,454

298,888

320,162

325,010

Investment Income General Operating Utilities Operating Reserves and Capital

14,474

13,524

14,112

13,769

12,648

12,271

11,981

11,822

2,055 1,925

1,485 1,428

1,658 2,025

1,255 2,136

1,281 2,323

1,264 2,194

1,269 2,222

1,257 2,452

18,454

16,437

17,795

17,160

16,252

15,729

15,472

15,531

Government Transfers General Operating

6,102 36,972 3,055 46,129

8,483 10,444 3,073 22,000

7,930 35,084 3,100 46,114

8,129 41,350 3,200 52,679

8,328 40,425 3,300 52,053

8,533 40,425 3,400 52,358

8,744 40,425 3,500 52,669

8,962 40,425 3,600 52,987

Capital

Provincial Casino Revenue Sharing

Lease Revenue Corporate Lease Revenue

5,930 5,930

6,014

6,100

6,189

6,279

3,604

4,490

4,895

3,604

4,490

4,895

6,014

6,100

6,189

6,279

Other Revenue Operating Carbon Tax Rebates

370

405

400

400

400

400

400

400

Operating Other

1,629 4,500

2,756 4,500

1,500 4,500 5,000

1,575 4,500 5,000

1,725 4,500 3,000 9,625

1,876 4,500 2,000 8,776

2,029 4,500 2,000 8,929

2,083 4,500 2,000 8,983

Contribution from SCDC

Land Sales

-

610

6,499

8,271

11,400

11,475

846,874 $

854,636 $

938,704 $

991,044 $

1,060,735 $

1,098,573 $

1,165,321 $

1,217,894 $

2016-2020 FINANCIAL PLAN

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