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FINANCIAL OVERVIEW
CONSOLIDATED FINANCIAL SUMMARY
(in thousands)
2016-2020 FINANCIAL PLAN
2014
2015
2015
2016
2017
2018
2019
2020
REVENUE SUMMARY
ACTUAL
ACTUAL
BUDGET
BUDGET
PLAN
PLAN
PLAN
PLAN
Restated
Restated
Taxation
General Operating
538,700
$
571,723
$
578,789
$
605,004
$
635,493
$
667,699
$
701,719
$
737,670
$
Utilities Operating
48,414
53,945
55,209
58,635
63,642
68,922
74,593
80,657
Gross Taxation
587,114
625,668
633,998
663,639
699,135
736,621
776,312
818,327
Less: Collection for Other Authorities
(276,090)
(281,012)
(284,275)
(295,362)
(306,883)
(318,853)
(331,288)
(344,208)
311,024
344,656
349,723
368,277
392,252
417,768
445,024
474,119
Departmental Revenues
General Operating
66,734
76,480
74,388
79,404
81,172
82,994
85,773
88,953
Utilities Operating
150,058
157,950
155,037
158,818
169,115
176,676
186,839
198,106
Other Entities
12,882
12,099
14,197
17,015
25,418
22,555
26,095
28,425
Secondary Suite Infrastructure Fee
8,083
15,753
16,311
17,117
18,318
19,603
20,979
22,451
Less: Government Transfers included in Operating
(6,102)
(8,483)
(7,930)
(8,129)
(8,328)
(8,533)
(8,744)
(8,962)
231,655
253,799
252,003
264,225
285,695
293,295
310,942
328,973
Penalties and Interest
General Operating
3,896
3,676
3,800
4,100
4,300
4,500
4,700
4,700
Utilities Operating
1,199
1,226
1,087
1,044
1,090
1,159
1,234
1,312
5,095
4,902
4,887
5,144
5,390
5,659
5,934
6,012
Development Charges
Development Cost Charges
56,611
58,598
125,583
133,486
163,159
172,826
193,194
196,892
Developer Contributions
146,796
129,608
121,997
124,196
121,925
120,292
121,198
122,348
Capital External Sources
13,831
4,604
1,720
875
875
875
875
875
Capital NCP Reserve Funds
3,503
3,104
2,587
6,441
4,450
1,850
1,850
1,850
Capital Cash in lieu of Parkland
3,673
4,167
-
1,156
3,045
3,045
3,045
3,045
224,414
200,081
251,887
266,154
293,454
298,888
320,162
325,010
Investment Income
General Operating
14,474
13,524
14,112
13,769
12,648
12,271
11,981
11,822
Utilities Operating
2,055
1,485
1,658
1,255
1,281
1,264
1,269
1,257
Reserves and Capital
1,925
1,428
2,025
2,136
2,323
2,194
2,222
2,452
18,454
16,437
17,795
17,160
16,252
15,729
15,472
15,531
Government Transfers
General Operating
6,102
8,483
7,930
8,129
8,328
8,533
8,744
8,962
Capital
36,972
10,444
35,084
41,350
40,425
40,425
40,425
40,425
Provincial Casino Revenue Sharing
3,055
3,073
3,100
3,200
3,300
3,400
3,500
3,600
46,129
22,000
46,114
52,679
52,053
52,358
52,669
52,987
Lease Revenue
Corporate Lease Revenue
3,604
4,490
4,895
5,930
6,014
6,100
6,189
6,279
3,604
4,490
4,895
5,930
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
2,756
1,500
1,575
1,725
1,876
2,029
2,083
Contribution from SCDC
4,500
4,500
4,500
4,500
4,500
4,500
4,500
4,500
Land Sales
-
610
5,000
5,000
3,000
2,000
2,000
2,000
6,499
8,271
11,400
11,475
9,625
8,776
8,929
8,983
846,874
$
854,636
$
938,704
$
991,044
$
1,060,735
$
1,098,573
$
1,165,321
$
1,217,894
$
67