Islands Trust Annual Budget Year Ending March 31, 2021

· Miscellaneous · 2021

Original Trust document · 68 KB · SHA-256 22f680680eb6edac…

1,426 characters of machine-extracted text. Extraction is automatic and can be wrong; the original governs.

Topics: Bylaw enforcement · Governance & budget — our classification, not the Trust's.

Extracted text (beginning)

Fees and Sales115,000$       
Provincial Grant180,000
Property Tax Levy General6,783,140
Special Property Tax Requisition75,500
Property Tax Levy Bowen303,021
Interest Income85,000
Grants and Other Revenues12,000
Total Revenue7,553,661      
EXPENSES
Trust Council
Trust Council301,808
Executive Committee123,784
Trust Area Services595,675
General Administration Allocation - 16%328,741
1,350,007
Local Planning Services
Local Trust Committees & Programs910,145
Planning Staff & Facilities3,290,034
 
Bylaw Enforcement303,526
 
General Administration Allocation - 73%1,449,720
5,953,425
Page 1
REVENUE
  Budget 
Annual
Annual Budget For The Year Ending March 31, 2021

Annual 
Budget
Islands Trust Conservancy
Board and Property Management Costs111,450
Administration562,869
General Administration Allocation - 11%217,060
891,379
General Administration
Senior Management456,351
Financial, Human Resource, and Information Services1,102,050
Office Operations198,520
Computer, Furniture & Equipment, Office Renovations98,600
Amortization Expense140,000
General Administration Departmental Cost Recovery(1,995,521)
0
Total Expenses8,194,811      
Annual Surplus (Deficit)(641,150)
Add back non-cash expense: Amortization140,000
Transfer from General Revenue Surplus Fund429,650
Transfer from Local Trust Committee Project Specific Reserve Fund71,500
Net0                    
Page 2
Annual Budget For The Year Ending March 31, 2021

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