City of Vancouver

 

Return to Report APPENDIX 2

1998 Operating Budget

Interim Estimates

1998

1997 Final

Increase

Recommended

Budget

(Decrease)

Change

$

$

$

%

TAXATION REVENUE
General Tax Levy

348,162,000

343,160,000

5,002,000

1.5

Remove Solid Waste Costs

(8,412,800)

0

(8,412,800)

Add New Construction Taxes

4,941,300

4,868,100

73,200

n.a.

Total General Tax Levy

344,690,500

348,028,100

(3,337,600)

(1.0)

Provision for Tax Adjustments

(2,000,000)

(2,000,000)

0

n.a.

Receipts in Lieu of Taxes

18,128,000

18,761,100

(633,100)

(3.4)

Local Improvement Taxes

4,438,500

5,064,300

(625,800)

(12.4)

Penalties and Interest

3,600,000

3,500,000

100,000

2.9

368,857,000

373,353,500

(4,496,500)

(1.2)

OTHER REVENUE
Provincial Equalization Grant

5,838,800

5,838,800

0

0.0

Interest on Temporary Investments

10,903,200

9,052,000

1,851,200

20.5

License Fees

11,042,000

10,835,700

206,300

1.9

Inspection Fees

18,587,000

18,992,600

(405,600)

(2.1)

Rentals

14,028,100

13,527,900

500,200

3.7

Municipal By-Law Fines

8,997,700

8,525,200

472,500

5.5

Parking Meter Revenue

11,705,000

10,505,000

1,200,000

11.4

Miscellaneous Fees and Receipts

2,804,300

2,251,800

552,500

24.5

83,906,100

79,529,000

4,377,100

5.5

UTILITY FEES
Solid Waste

23,739,300

11,541,400

12,197,900

105.7

Waterworks

48,465,800

46,581,200

1,884,600

4.0

72,205,100

58,122,600

14,082,500

24.2

Total Revenues before Transfers

524,968,200

511,005,100

(119,400)

2.7

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

532,618,200

519,612,200

(1,076,500)

2.5

GENERAL GOVERNMENT
Mayor and Councillors

1,212,000

1,147,200

64,800

5.6

General Administrative

24,014,300

23,180,700

833,600

3.6

Other General Government

4,634,600

7,326,900

(2,692,300)

(36.7)

Real Estate and Property Management

5,932,500

5,960,200

(27,700)

(0.5)

Community Services Administration

2,740,800

2,563,000

177,800

6.9

Housing Program

554,800

599,500

(44,700)

(7.5)

Planning

7,988,400

8,736,200

(747,800)

(8.6)

47,077,400

49,513,700

(2,436,300)

(4.9)

PROTECTION TO PERSONS & PROPERTY
Police

109,282,300

106,149,100

3,133,200

3.0

Fire

59,331,000

59,457,300

(126,300)

(0.2)

Permits & Licenses

12,828,200

11,915,000

913,200

7.7

Animal Control

717,400

746,800

(29,400)

(3.9)

Emergency Management

217,600

214,100

3,500

1.6

182,376,500

178,482,300

3,894,200

2.2

PUBLIC WORKS
Administration & General

1,170,300

1,781,100

(610,800)

(34.3)

Streets Division

20,269,900

18,645,000

1,624,900

8.7

Transportation Division

5,647,100

5,197,700

449,400

8.6

Electrical Division

6,034,600

6,331,700

(297,100)

(4.7)

Street Parking Program

5,457,300

5,475,100

(17,800)

(0.3)

38,579,200

37,430,600

1,148,600

3.1

BOARD OF PARKS & RECREATION
Parks Expenditures

60,923,500

61,536,500

(613,000)

(1.0)

Parks Revenues

(23,024,100)

(23,826,500)

802,400

(3.4)

37,899,400

37,710,000

189,400

0.5

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

2,315,400

2,308,300

7,100

0.3

Downtown South Gathering Place

1,425,600

1,405,500

20,100

1.4

Carnegie Centre

2,012,100

2,013,800

(1,700)

(0.1)

Vancouver Public Library

26,797,400

26,303,800

493,600

1.9

Archives

687,300

681,700

5,600

0.8

Cemetery

743,900

721,400

22,500

3.1

37,200,900

37,043,300

157,600

0.4

CIVIC THEATRES
Theatres Expenditures

4,341,100

5,121,000

(779,900)

(15.2)

Theatres Revenues

(4,183,900)

(5,126,000)

942,100

(18.4)

157,200

(5,000)

162,200

(3,244.0)

GRANTS

10,587,900

10,824,806

(236,906)

(2.2)

SOLID WASTE UTILITY

23,739,300

21,204,700

2,534,600

12.0

WATERWORKS UTILITY

48,465,800

46,581,200

1,884,600

4.0

SEWER UTILITY
City Sewers Operations

5,455,400

5,102,300

353,100

6.9

City Debt Costs

28,094,900

27,511,000

583,900

2.1

GVS&DD Requisition

24,990,400

21,996,900

2,993,500

13.6

58,540,700

54,610,200

3,930,500

7.2

CONTINGENCY RESERVE

2,400,000

753,594

1,646,406

na

Total Before Debt Charges and
Transfers to Other Funds

487,024,300

474,149,400

6,409,800

2.7

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

2,013,300

11.1

TRANSFER TO RESERVES / FUNDS
Capital Purposes

14,100,000

12,368,400

1,731,600

14.0

Solid Waste Capital Reserve

0

(1,523,700)

1,523,700

(100.0)

1999 Election

300,000

300,000

0

0.0

14,400,000

11,144,700

3,255,300

29.2

TOTAL EXPENDITURES

539,536,600

519,612,200

11,678,400

3.8

Surplus/(Shortfall)

(6,918,400)

Indicated Tax Increase

2.0%

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