2014 Finance Reports

2014 Operating Budget Reports

Operating Budget Adoption (PDF)

The majority of 2014 expenditures are salaries and benefits (74.8%), Facilites & IT (9.8%) and Library Materials (13.1%).

2014 Gross Expenditure Budget
Salaries and Benefits	$137,747,840	74.8%
Library Materials	$17,986,854	9.8%
Facilities and IT	$24,182,113	13.1%
Other Expenditures	$4,253,328	2.3%
Total Expenditures	$184,170,135	100%

The majority of 2014 revenues are city funding (91%), fines, fees and rentals revenues (3.1%), and provincial grants (3.8%)

2014 Revenue Budget
City Funding	$167,587,435	91%
Provincial Grants	$5,685,704	3.1%
Fines, Fees and Rentals	$7,077,595	3.8%
Development Charges and Other	$3,819,401	2.1%
Total Revenue	$184,170,135	100%

Operating Budget Monitoring Report – March 31, 2014 (PDF)
Operating Budget Monitoring Report – March 31, 2014 (attachment 1) (PDF)
Operating Budget Monitoring Report – June 30, 2014 (PDF)
Operating Budget Monitoring Report – June 30, 2014 (attachment 1) (PDF)
Operating Budget Monitoring Report – September 30, 2014 (PDF)
Operating Budget Monitoring Report – September 30, 2014 (attachment 1) (PDF)
Operating Budget Monitoring Report – December 31, 2014 (PDF)
Operating Budget Monitoring Report – December 31, 2014 (attachment 1) (PDF)

2014 Capital Budget Reports

Capital Budget & Plan Adoption (PDF)
2014-2023 Capital Budget and Plan (attachment 1) (PDF)

The majority of 2014 capital budget funding sources are debt (49.1%), development charges (13.7%), reserve funds (24.9%)

2014 Capital Budget Funding Sources
Debt	$13,230,000	49.1%
Development Charges	$3,690,000	13.7%
Reserve Funds	$6,692,000	24.9%
Other	$3,313,000	12.3%
Total Sources of Funding	$26,925,000	100%

2014 Audited Financial Statements

2014 Audited Financial Statements (PDF)
2014 Audited Financial Statements (attachment 1) (PDF)