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FINANCIAL OVERVIEW
CONSOLIDATED FINANCIAL SUMMARY
(in thousands)
2017-2021 FINANCIAL PLAN
2015
2016
2016
2017
2018
2019
2020
2021
REVENUE SUMMARY
ACTUAL
ACTUAL
BUDGET
BUDGET
PLAN
PLAN
PLAN
PLAN
Revised
Taxation
General Operating
570,527
$
591,684
$
605,004
$
637,198
$
669,954
$
703,592
$
739,470
$
774,045
$
Utilities Operating
53,945
58,904
58,635
64,066
69,507
75,001
81,075
87,522
Gross Taxation
624,472
650,588
663,639
701,264
739,461
778,593
820,545
861,567
Less: Collection for Other Authorities
(281,012)
(284,725)
(295,362)
(308,396)
(320,423)
(332,920)
(345,904)
(358,012)
343,460
365,863
368,277
392,868
419,038
445,673
474,641
503,555
Departmental Revenues
General Operating
76,480
84,402
79,404
82,642
84,447
87,074
90,364
92,432
Utilities Operating
157,950
163,916
158,818
168,148
174,780
183,667
193,059
202,390
Other Entities
12,099
17,996
17,015
14,169
23,454
17,390
20,607
46,446
Secondary Suite Infrastructure Fee
15,753
16,501
17,117
17,784
19,032
20,368
21,797
22,647
Less: Government Transfers included in Operating
(8,483)
(8,623)
(8,129)
(8,046)
(8,245)
(8,450)
(8,661)
(8,879)
253,799
274,192
264,225
274,697
293,468
300,049
317,166
355,036
Penalties and Interest
General Operating
3,676
3,523
4,100
4,400
4,600
4,800
5,000
5,000
Utilities Operating
1,226
1,253
1,044
1,086
1,126
1,184
1,254
1,344
4,902
4,776
5,144
5,486
5,726
5,984
6,254
6,344
Development Charges
Development Cost Charges
58,598
61,260
133,486
142,168
152,885
216,357
247,169
264,516
Developer Contributions
129,608
114,215
124,196
124,668
121,745
123,877
123,648
124,533
Capital External Sources
4,604
11,138
875
3,449
4,043
4,291
4,448
4,813
Capital NCP Reserve Funds
3,104
5,196
6,441
4,645
2,510
4,437
3,700
5,700
Capital Cash in lieu ofParkland
4,167
9,931
1,156
3,045
3,045
3,045
3,045
3,045
200,081
201,740
266,154
277,975
284,228
352,007
382,010
402,607
Investment Income
General Operating
13,524
13,712
13,769
16,518
17,340
17,311
17,277
17,338
Utilities Operating
1,485
1,028
1,255
1,219
1,245
1,241
1,211
1,204
Reserves and Capital
1,428
1,760
2,136
1,212
1,812
1,839
1,892
2,131
16,437
16,500
17,160
18,949
20,397
20,391
20,380
20,673
Government Transfers
General Operating
8,483
8,623
8,129
8,046
8,245
8,450
8,661
8,879
Capital
10,444
9,748
41,350
41,702
40,591
40,591
40,591
40,425
Provincial Casino Revenue Sharing
3,073
4,167
3,200
3,800
3,800
3,800
3,800
3,800
22,000
22,538
52,679
53,548
52,636
52,841
53,052
53,104
Lease Revenue
Corporate Lease Revenue
4,490
5,693
5,930
6,710
6,819
6,918
7,024
7,128
4,490
5,693
5,930
6,710
6,819
6,918
7,024
7,128
Borrowing Proceeds
-
-
-
-
-
-
-
-
Other Revenue
Operating Carbon Tax Rebates
405
520
400
400
400
400
400
400
Operating Other
2,756
7,367
1,575
3,025
1,845
1,986
2,121
2,157
Contribution from SCDC
4,500
4,500
4,500
4,500
4,500
4,500
4,500
4,500
Land Sales
610
11,012
5,000
3,000
2,000
2,000
2,000
2,000
8,271
23,399
11,475
10,925
8,745
8,886
9,021
9,057
853,440
$
914,701
$
991,044
$
1,041,158
$
1,091,057
$
1,192,749
$
1,269,548
$
1,357,504
$
77