APPENDIX 1

1998 Operating Budget

Preliminary Estimates

1998

1997

Increase

Request

Final

(Decrease)

Change

$

$

$

%

TAXATION REVENUE

General Tax Levy

348,162,000

348,028,100

133,900

0.0

Remove Solid Waste / Sewer Costs

(63,022,600)

0

(63,022,600)

Add New Construction Taxes

4,941,300

0

4,941,300

Total General Tax Levy

290,080,700

348,028,100

(57,947,400)

(16.7)

Provision for Tax Adjustments

(2,000,000)

(2,000,000)

0

0.0

Receipts in Lieu of Taxes

18,201,600

18,761,100

(559,500)

(3.0)

Local Improvement Taxes

4,438,500

5,064,300

(625,800)

(12.4)

Penalties and Interest

3,500,000

3,500,000

0

0.0

314,220,800

373,353,500

(59,132,700)

(15.8)

OTHER REVENUE

Provincial Revenue Sharing - General

5,838,800

5,838,800

0

0.0

Interest on Temporary Investments

10,503,200

9,052,000

1,451,200

16.0

License Fees

11,042,000

10,835,700

206,300

1.9

Inspection Fees

18,557,000

18,992,600

(435,600)

(2.3)

Rentals

13,968,400

13,527,900

440,500

3.3

Municipal By-Law Fines

8,997,700

8,525,200

472,500

5.5

Parking Meter Revenue

11,580,000

10,505,000

1,075,000

10.2

Miscellaneous Fees and Receipts

2,804,300

2,251,800

552,500

24.5

Refuse Collection & Disposal Fees

Solid Waste Utility

11,541,400

(11,541,400)

(100.0)

Waterworks

Water Utility

Water Utility

0

83,291,400

91,070,400

(7,779,000)

(8.5)

Total Revenues before Transfers

397,512,200

464,423,900

(66,911,700)

(14.4)

TRANSFER FROM RESERVES / FUNDS

Revenue Surplus

0

87,500

(87,500)

(100.0)

Property Endowment Fund

7,000,000

7,000,000

0

0.0

Miscellaneous Reserves

500,000

1,326,000

(826,000)

(62.3)

Art Gallery Reserve

150,000

193,600

(43,600)

(22.5)

7,650,000

8,607,100

(957,100)

(11.1)

TOTAL REVENUES

405,162,200

473,031,000

(67,868,800)

(14.3)

GENERAL GOVERNMENT

Mayor and Councillors

1,212,000

1,147,200

64,800

5.6

General Administrative

24,727,000

23,180,700

1,546,300

6.7

Other General Government

5,732,100

7,326,900

(1,594,800)

(21.8)

Real Estate and Property Management

6,187,300

5,960,200

227,100

3.8

Community Services Administration

2,788,000

2,563,000

225,000

8.8

Housing Program

554,800

599,500

(44,700)

(7.5)

Planning

8,270,100

8,736,200

(466,100)

(5.3)

49,471,300

49,513,700

(42,400)

(0.1)

PROTECTION TO PERSONS & PROPERTY

Police

109,392,700

106,149,100

3,243,600

3.1

Fire

59,858,000

59,457,300

400,700

0.7

Permits & Licenses

13,662,900

12,661,800

1,001,100

7.9

Animal Control

0

0

Emergency Management

228,600

214,100

14,500

6.8

183,142,200

178,482,300

4,659,900

2.6

PUBLIC WORKS

Administration & General

1,671,200

1,781,100

(109,900)

(6.2)

Streets Division

20,237,900

18,645,000

1,592,900

8.5

Transportation Division

5,647,100

5,197,700

449,400

8.6

Electrical Division

6,354,200

6,331,700

22,500

0.4

Sanitation Division

Solid Waste Utility

21,204,700

(21,204,700)

(100.0)

Street Parking Program

5,397,300

5,475,100

(77,800)

(1.4)

39,307,700

58,635,300

(19,327,600)

(33.0)

BOARD OF PARKS & RECREATION

Parks Expenditures

61,285,500

61,536,500

(251,000)

(0.4)

Parks Revenues

(22,904,800)

(23,826,500)

921,700

(3.9)

Parks Global Budget

38,380,700

37,710,000

670,700

1.8

OTHER RECREATION & COMMUNITY SERVICES

Social Planning / Cultural Affairs

1,618,200

1,500,500

117,700

7.8

Miscellaneous Contracts

1,601,000

2,108,300

(507,300)

(24.1)

Britannia Service Centre

2,327,600

2,308,300

19,300

0.8

Downtown South Gathering Place

1,426,900

1,405,500

21,400

1.5

Carnegie Centre

2,015,300

2,013,800

1,500

0.1

Vancouver Public Library

27,350,800

26,303,800

1,047,000

4.0

Archives

689,700

681,700

8,000

1.2

Cemetery

747,300

721,400

25,900

3.6

37,776,800

37,043,300

733,500

2.0

CIVIC THEATRES

Theatres Expenditures

4,689,900

5,121,000

(431,100)

(8.4)

Theatres Revenues

(4,424,300)

(5,126,000)

701,700

(13.7)

Theatres Net Expense / (Income)

265,600

(5,000)

270,600

(5,412.0)

( incl. Debt Charges )

Water Utility

Water Utility

0

GRANTS

10,544,600

10,824,806

(280,206)

(2.6)

CONTINGENCY RESERVE

5,500,000

753,594

4,746,406

n.a.

Total Before Debt Charges and

Transfers to Other Funds

364,388,900

372,958,000

(8,569,100)

(2.3)

DEBT CHARGES

General

39,156,100

36,517,000

2,639,100

7.2

Local Improvements

4,438,500

5,064,300

(625,800)

(12.4)

Sinking Fund Prior Year Surplus

(5,482,300)

(7,263,200)

1,780,900

(24.5)

38,112,300

34,318,100

3,794,200

11.1

TRANSFER TO RESERVES / FUNDS

Capital Purposes

14,350,000

12,368,400

1,981,600

16.0

Solid Waste Capital Reserve

Solid Waste Utility

(1,523,700)

1,523,700

(100.0)

1999 Election

300,000

300,000

0

n.a.

14,650,000

11,144,700

3,505,300

31.5

TOTAL EXPENDITURES

417,151,200

418,420,800

(1,269,600)

(0.3)

Tax Supported Activities:

Surplus/(Shortfall)

(11,989,000)

Indicated Tax Increase

4.1%

SEWER COSTS

City Sewers Operations

5,669,500

5,102,300

567,200

11.1

City Debt Costs

28,135,700

27,511,000

624,700

2.3

GVS&DD Requisition

24,659,000

21,996,900

2,662,100

12.1

TOTAL SEWER COSTS

58,464,200

54,610,200

3,854,000

7.1

Sewer Utility Fees:

Increase in Sewer Costs

3,854,000

Indicated User Fee Increase

7.1%