2018-2022 Financial Plan

FINANCIAL PLAN OVERVIEW

Expenditures per capita are affected by annual variations in spending, particularly capital spending. In years where a greater amount of tangible capital assets are acquired, expenditures per capita will be higher than in years where a lesser amount is acquired. For example, in 2014 we recorded $43 million for the acquisition of tangible capital assets and in 2015 we recorded $57.6 million.

Tax Revenue Per Capita as a Percentage of Expenditures Per Capita

Expenditures Per Capita

Tax Revenue Per Capita

2015 2014 2015 2014 2015 2014

Abbotsford

$

1,512

$

1,417

$

904

$

912

60% 64%

Burnaby

1,786

1,732

1,094

1,068

61% 62%

Chilliwack

1,496

1,385

827

849

55% 61%

Coquitlam

1,786

1,916

1,037

1,044

58% 54%

Delta

2,232

2,162

1,281

1,205

57% 56%

Langley (City)

1,841

1,673

872

894

47% 53%

Langley (Township)

1,972

2,016

972

957

49% 47%

Maple Ridge

1,858

1,727

923

914

50% 53%

Mission

1,541

1,553

806

801

52% 52%

New Westminster

2,455

2,364

970

985

40% 42%

North Vancouver (City)

3,129

2,039

1,019

1,041

33% 51%

North Vancouver (District)

2,469

2,122

1,056

1,012

43% 48%

Pitt Meadows

1,409

1,676

877

896

62% 53%

Port Coquitlam

1,342

1,540

974

967

73% 63%

Port Moody

1,662

1,692

1,053

1,015

63% 60%

Richmond

2,242

2,142

983

985

44% 46%

Surrey

1,524

1,833

662

624

43% 34%

Vancouver

2,228

2,227

1,079

1,048

48% 47%

West Vancouver

3,594

3,592

1,419

1,376

39% 38%

White Rock

2,465

1,747

1,125

1,147

46% 66%

Average*

2,036

1,938

1,001

991

51% 53%

The data shown is for 2015 vs 2014 as 2016 information is not yet available.

 in calculating the average, the Maple Ridge numbers were not included to allow us to see how we compare to the average of other reported municipalities

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