2013 Finance Reports

2013 Operating Budget Reports

Operating Budget Adoption (PDF)

The majority of 2013 expenditures are salaries and benefits (75%), library collections (9.5%), and Facilites and IT (13.1%).

2013 Gross Expenditure Budget
Salaries and Benefits	$136,544,406	75%
Library Materials	$17,365,754	9.5%
Facilities and IT	$23,768,715	13.1%
Other Expenditures	$4,341,466	2.4%
Total Expenditures	$182,030,341	100%

The majority of 2013 revenues are city funding (90.8%), fines, fees and rentals revenues (3.7%), and provincial grants (3.1%)

2013 Revenue Budget
City Funding	$165,359,587	90.8%
Fines, Fees and Rentals	$6,702,677	3.7%
Provincial Grants	$5,685,704	3.1%
Development Charges and Other	$4,282,373	2.4%
Total Revenue	$182,030,341	100%

Operating Budget Monitoring Report – March 31, 2013 (PDF)
Operating Budget Monitoring Report – March 31, 2013 (attachment 1)(PDF)
Operating Budget Monitoring Report – June 30, 2013 (PDF)
Operating Budget Monitoring Report – June 30, 2013 (attachment 1)(PDF)
Operating Budget Monitoring Report – September 30, 2013 (PDF)
Operating Budget Monitoring Report – September 30, 2013 (attachment 1)(PDF)
Operating Budget Monitoring Report – December 31, 2013 (PDF)
Operating Budget Monitoring Report – December 31, 2013 (attachment 1)(PDF)

2013 Capital Budget Reports

Capital Budget & Plan Adoption (PDF)
2013-2022 Capital Budget and Plan (attachment 1) (PDF)

The majority of 2013 capital budget funding sources are debt (35.6%), development charges (17%), reserve funds (21.7%)

2013 Capital Budget Funding Sources
Debt	$10,968,000	35.6%
Development Charges	$5,223,000	17%
Reserve Funds	$6,678,000	21.7%
Other	$7,925,000	25.7%
Total Sources of Funding	$30,794,000	100%

2013 Audited Financial Statements

2013 Audited Financial Statements (PDF)
2013 Audited Financial Statements (attachment 1) (PDF)