2018-2022 Financial Plan

CFS – FINANCE

Financial Plan – Financial Services - Other Revenue All figures represent $’000 (thousands)

2016 Actuals

2017 Actuals

2017 Budget

2018 Budget

Budget ∆ $

Budget ∆ %

2019 Budget

2020 Budget

2021 Budget

2022 Budget

Admin Fee (15000/30000-4100)

- 60

- 63

- 48

- 49

- 1

2%

- 50

- 51

- 52

- 53

Auction Proceeds (15000-4410)

- 7

- 8

- 7

- 7

-

0%

- 7

- 7

- 7

- 7

Borrowing Proceeds (10000-4916)

-

-

-

-

-

-

-

-

-

Contributions from Others (multiple)

-

-

-

-

-

-

-

-

-

Fees (multiple)

- 10

- 9

- 8

- 8

-

0%

- 8

- 8

- 8

- 8

Gain/Loss - Property 4 Resale (15000-4298)

- 18 - 1,668 - 1,500 - 1,583

- 83

6% - 1,500

- 2,500

-

-

Information Fees (15000-4280)

- 216

- 177

- 120

- 120

-

0%

- 120

- 120

- 120

- 120

Interest on A/R (15000-4290/4291)

- 258

- 240

- 275

- 350

- 75 27%

- 365

- 380

- 395

- 410

Investment Interest (15000-4295)

- 1,376 - 1,931 - 1,180 - 1,195

- 15

1% - 1,210

- 1,225

- 1,240

- 1,255

Miscellaneous Income (15000-4390)

- 66

- 73

- 50

- 50

-

0%

- 50

- 50

- 50

- 50

Municipal Plate Fees (15000-4221)

- 23

- 24

- 22

- 22

-

0%

- 22

- 22

- 22

- 22

Surplus (15000-4520)

- 757

- 890

- 890

- 849

41 -5%

- 500

- 500

-

-

Tax Penalties (15000-4440)

- 640

- 655

- 765

- 800

- 35

5%

- 835

- 835

- 835

- 835

TOTAL FIN SERVICES-OTHER REVENUE

- 3,430 - 5,737 - 4,865 - 5,033 - 168

3% - 4,667 - 5,698 - 2,729 - 2,760

Performance Measures/Indicators The City tracks our performance in a number of ways. Some of the measures are tracked using Performance Reporting Scorecards which appear in the City's performance system. The scorecards for this area are listed below. Full scorecards can be found in Appendix A.

To access the “live” scorecard, visit mapleridge.ca/787 and use the Scorecard Lookup tool.

Code

Scorecard (on following pages)

Why this Scorecard is important to this Department: Maximizes the City’s financial resources available to invest. Provides a measure of financial flexibility at a point in time. Shows the amount of debt attributed to each member of the community. Shows the percentage of annual operating revenues required for principal and interest payments and help s to ensure that the City’s debt levels are held at a level that allows us to respond in times of economic challenges

FM02

Maximize Return on Investment

FM04

Net Financial Position

FM05

Debt Per Capita

FM06

Debt Servicing Ratio

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