2022 Finance Reports

2022 Operating Budget Reports

2022 Operating Budget - Adoption (PDF) The majority of 2022 expenditures are Salaries & Benefits (71.5%) $163,142,429, Facilities & IT (18.1%) $41,257,401, Library Materials (9.4%) $21,447,510 and Other Expenditures (1.1%) $2,458,043.
2022 Gross Expenditure Budget
Salaries and Benefits $163,142,429 71.5%
Library Materials $21,447,510 9.4%
Facilities and IT $41,257,401 18.1%
Other Expenditures $2,458,043 1.1%
Total Expenditures $228,305,383 100%
The majority of 2022 revenues are City Funding (91.9%) $209,785,000, Fines, Fees & Rentals (1.3%) $2,932,380, Provincial Grants (2.5%) $5,714,187 and Development Charges, Transfers & Other (4.3%) $9,873,816
2022 Revenue Budget
City Funding $209,785,000 91.9%
Provincial Grants $5,714,187 2.5%
Fines, Fees and Rentals $2,932,380 1.3%
Development Charges and Other $9,873,816 4.3%
Total Revenue $228,305,383 100%

2022 Capital Budget Funding Sources

2022-2031 Capital Budget and Plan - Adoption (PDF) The majority of 2022 capital budget funding sources are Debt (71.6%) $36,236,000, Development Charges (16.7%) $8,450,000, Contribution from Operating (0.8%) $400,000, federal grant (0.0%), Other (10.9%) $5,539,000
2022 Capital Budget Reports
Debt $36,236,000 71.6%
Development Charges $8,450,000 16.7%
Contribution from Operating $400,000 0.8%
Federal Grant $0 0%
Other $5,539,000 10.9%
Total Sources of Funding $50,625,000 100%