| |
| 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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(c) 1998 City of Vancouver