2018-2022 Financial Plan

OFFICE OF THE CAO – ECONOMIC DEVELOPMENT

Organization Chart

Manager of Economic Development

Business Retention and Expansion Officer

Administrative Assistant

Film Production Liaison

Staff Position History and Forecast The following table indicates the number of full-time equivalent (FTE) employees.

Authorized Staffing Level Position

2017 2018 2019 2020 2021 2022

Manager of Economic Development Business Retention & Expansion Officer

1.0 1.0 1.0 1.0 4.0

1.0 1.0 1.0 1.0 4.0

1.0 1.0 1.0 1.0 4.0

1.0 1.0 1.0 1.0 4.0

1.0 1.0 1.0 1.0 4.0

1.0 1.0 1.0 1.0 4.0

Administrative Assistant Film Production Liaison Full-Time Equivalent

Budget The base budgets for 2018-2022 for this department follow, along with the prior year budget and actual amounts for the preceding two years.

Financial Plan – Economic Development All figures represent $’000 (thousands)

2016 Actuals

2017 Actuals

2017 Budget

2018 Budget

Budget ∆ $

Budget ∆ %

2019 Budget

2020 Budget

2021 Budget

2022 Budget

Revenue Contributions from Others (multiple)

- 214

- 264

- 264

- 270

- 7

3%

- 277

- 284

- 291

- 298

Federal Grant (Conditional) (12106-4250)

-

-

-

-

-

-

-

-

-

Miscellaneous Income (12106-4390)

- 6

- 6

-

-

-

-

-

-

-

Permits (12106-4445)

- 19

- 20

- 5

- 5

-

0%

- 5

- 5

- 5

- 5

Sale of Service (12106-4600)

- 1

- 0

- 10

- 10

-

0%

- 10

- 10

- 10

- 10

Total Revenue

- 241

- 290

- 279

- 285

- 7

2%

- 292

- 299

- 306

- 313

Expense Advertising (multiple)

90

81

39

74

35 89%

74

74

74

74

Other Expenses

10

18

11

26

15 139%

11

11

11

11

Contract (12106-7007)

2

45

95

60

- 35 -37%

60

60

60

60

Conventions & Conferences (12106-6051)

6

11

10

10

-

0%

10

10

10

10

Grants & Donations (12106-6180)

228

298

289

295

7

2%

277

284

291

298

Salaries (12106-5500/5600)

412

403

397

401

4

1%

410

420

431

442

Studies & Projects (12106-6380)

-

47

80

-

- 80 -100%

-

-

-

-

Total Expense

748

903

921

866

- 55 -6%

842

859

877

895

TOTAL Economic Development

507

613

642

581

- 61 -10%

551

560

571

582

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 ED01 ED02 ED03 ED04

Scorecard (on following pages) Attract Film Productions Business Licence Renewals Increase Commercial Tax Base Residential Tax Assessment Base

Why this Scorecard is important to this Department: Indicates economic value to the community Indicates level of business formation, retention and growth

Indicates level of diversification of the tax base

Indicates grown of the community

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