The honest receipt

Fifteen years of audited accounts

Every figure in this table is an audited actual: the outcome the Trust's auditors signed, not a plan. Planned figures appear later, labelled plan, never mixed into this series (the fiscal year runs 1 April to 31 March).

Source: Audited consolidated statements of the Islands Trust, FY2011/12-FY2025/26 (annual-report reproductions to FY2019/20; standalone KPMG statements FY2021/22-FY2025/26). https://islandstrust.bc.ca/about-us/accountability/financial-information/. FY2025/26: statement 9984 p7 (segments, revenue) and p18 (Legal 755,442 618,883); FY2011/12: annual report 1083 p57; every row traced in data/finance/series.json sources. Levy = general twelve-LTA levy plus Bowen Island plus, where levied, the Salt Spring special requisition.

Push further back and the trail thins to a single line in the province's own accounts — the operating grant the Trust started with:

Two readings of the same table, both honest. Nominal: $6,555,979 (2011/12) to $10,435,723 (2025/26). Real, in 2025/26 dollars: about $8,911,356 to $10,435,723 — because prices rose about 36% over the same window. Per person is where the accounting gets honest, and that is the next section.

Per person: flat to down, and the band is the finding

Measured per trust-area resident, audited spending fell from $348 (2011/12) to $305 (2025/26) in constant 2025/26 dollars — down 12.4% on a trend extrapolation of the census growth. Hold the last actual census flat instead and the fall shrinks to about 1.9%. On every spending basis tried — total expenses, net levy, ex-amortization, cash, total revenue — the change lands in -10% to -13%. Only the population assumption moves the answer, and the honest publication is the band, not a point: down between about 2% and 12%, depending on what the post-2021 population turns out to be. The nominal series must also be shown: $256 to $305 per person, up 19.1%.

The real series is a hump, not a slide: $348, 331, 332, 343, 349 (the 2015/16 peak), 315, 324, 316, 317, 303, 316, 296, 294, 313, 305. The low years were 2022/23-2023/24; 2025/26 is the fourth-lowest of the fifteen. No steady decline should be implied, and this page does not imply one.

2011 = 25,570 (StatCan DPL-part sum over the twelve LTAs, 22,168, + Bowen CSD 3,402; matches SIPOA exactly -- the Friends' 26,218 is wrong by +648). 2006 = 25,366, cross-checks the Trust's own SOTI figure 25,385 within 19 (random rounding). 2016 = 26,245, the Trust's own SOTI custom tabulation with Lasqueti's 2011 count substituted -- caveat printed. Post-2021 = linear extrapolation of the 2016-2021 trend (+853/yr), OUR choice, not the Trust's practice (it apportions on census anchors): 2025/26 = 34,246 vs the last actual count of 30,510 (2021 census). Post-2021 denominators are OUR choice, not the Trust's practice: the Trust apportions taxes on five-year census anchors and publishes no intercensal trust-area estimates. The last actual count is 30,510 (May 2021); the 2026 census will replace the extrapolation.

Method: actual.totalExpenses ÷ trust-area population (Olsen denominator a); actual.segmentLocalPlanning ÷ twelve-LTA population (denominator b). Nominal and CPI-adjusted to 2025/26 dollars (StatCan 18-10-0005-01, fiscal = mean of calendar indexes, 2025/26 = 2025). Population printed per year.. Population: Statistics Canada census anchors and the Trust's own census profiles. CPI: Statistics Canada table 18-10-0005-01. Population anchors: census 2006/2011/2016/2021 with interpolation (data/finance/population.json); CPI: Statistics Canada table 18-10-0005-01, annual average, All-items, 2002=100, fiscal year = mean of calendar indexes, 2025/26 = 2025 index (164.2).

Planning, per person

The Local Planning Services segment — the Trust's own audited category, which its own budget builds with a 68% general-administration allocation inside it, so most corporate overhead sits in this line — costs $214 per twelve-LTA resident in 2011/12 and $250 in 2025/26, up 17% nominally. In constant 2025/26 dollars that is $291 to $250, -13.9% on the trend-extrapolated denominator and about 3.3% holding the 2021 census flat. The whole real series sits inside a $239-$313 band with no clear trend. Flat-to-down in real terms is the honest description — for the segment that includes most of the institution's overhead, not a planners-only cut.

Enforcement and legal: the quiet escalation

Tickets. The Trust's own figure, in its own words:

“Given Island’s Trust bylaw enforcement policy to offer fee waiver for ultimate compliance, revenue from bylaw tickets is not budgeted for as it is not reliable Additionally, revenue from this activity is not material to the Trust’s overall budget (ranging from $5,000-$16,000 annually over the last 5 years).”

Source: Financial Planning Committee Regular Meeting Agenda, p128 L4246-L4248; repeated for the FY2026/27 cycle at p38 L1236 of Financial Planning Committee Regular Meeting Agenda, p38 L1236. No 'penalties and fines' (or fine/ticket/penalty) revenue line exists in any of the 22 audited consolidated Islands Trust statement texts FY2011/12-FY2025/26; ticket receipts hide inside the audited 'Fees and sales' line, which no held document splits.

So the revenue side is structurally about zero — by a written policy that waives the ticket fee on ultimate compliance — while the cost side is a real and rising budget line. That is an architecture comparison, not a claim that tickets should fund enforcement.

The Trust's own “Bylaw enforcement” budget line, plan-to-plan: $308,283 (2019/20) to $549,281 (2025/26), +78.2%. These are two budget one-pagers, not audited dollars: no audited enforcement actual exists in any statement. The FY2023/24 plan was never published (below), and the FY2026/27 plan already falls back to $506,453.

Source: Islands Trust approved budget one-pagers, the Trust's own 'Bylaw enforcement' line (plan). https://islandstrust.bc.ca/about-us/accountability/budget/. 2019/20 308,283; 2020/21 303,526; 2021/22 370,819; 2022/23 383,184; 2023/24 plan absent (never published); 2024/25 529,797; 2025/26 549,281 (doc 9195 p1 L28); 2026/27 506,453 (doc 9820). No audited enforcement actual exists in any statement.

The audited all-firms Legal line. $755,442 in FY2025/26 — 7.24% of total expenses, 2.4x the FY2011/12 level in nominal dollars, about +80% in real terms. This is every law firm and every matter the Trust pays for — OCP defences, judicial reviews, applicants' appeals, and enforcement — not an enforcement-only line, and no enforcement sub-line is stacked onto it here. The year-before figure is $618,883: the line rose +22.1% in one year. Where the overrun comes from, in the Trust's own words: “Bylaw Enforcement legal costs are over benchmark by $25,000 (33%) due to three files, one each on North Pender, Thetis Island, and Salt Spring Island. Trust Council's approved budget intentionally approved reduced legal budgets with the understanding that overages would be funded by surplus.” (Financial Planning Committee Regular Meeting Agenda, p26 L857)

Source: Islands Trust Financial Statement March 31, 2026, p7, p18 (“Legal 755,442 618,883”); FY2011/12 comparative Islands Trust Annual Report 2011-2012, p57.

One law firm

Across 11 usable SOFI supplier schedules (2014/15-FY2025/26; the FY2018/19 schedule is font-garbled in the held extract), Young Anderson was the largest non-payroll supplier in 8 of 11 years — Colliers Macaulay Nicolls, the property manager, topped the other three. The full series, no cherry-picked window:

Across the eleven held SOFI years those payments total $4,136,443, and Young Anderson is the only law firm on the Trust's ≥$25,000 supplier schedules in any held year (all 95 canonical supplier names, checked name by name); firms billing under $25,000 a year would not appear. From the first held year the firm was paid $300,085 (FY2014/15) and $393,451 (FY2015/16); the trough is $219,452 (FY2017/18); one dip to $264,873 (FY2021/22); then $766,304 in FY2025/26 — +155.4% versus the first held year, +189.3% versus the FY2021/22 dip. In FY2025/26, cash paid to one firm equals 101.4% of the audited all-firm Legal accrual line ($755,442) — consistent, since cash and accrual differ by timing, and a statement about single-firm dependence, not about the firm's rates. Young Anderson is the municipal-law firm of record for much of British Columbia; a retainer is normal. What the record shows is one firm carrying essentially the whole legal spend in the year legal spend peaked.

The 'Minister of Finance - Employee Benefits' line ($776k-$1.30M/yr; the label shortens to 'Minister of Finance' from FY2024/25) is a payroll-benefits remittance, not a supplier in the normal sense, and is excluded from supplier rankings. These schedules are cash-basis rows of $25,000 or more and are never spliced with the accrual Legal object line — the two measure different things (SOFI supplier totals run 33-39% of total expenses; in FY2016/17 YA cash was 4.6x the accrual Legal line, which is proof of the difference). Source: Statements of Financial Information, schedule of payments to suppliers over $25,000 (Financial Information Act s.2(3)(b)); 12 consecutive SOFI years held FY2014/15-FY2025/26, 11 with usable supplier schedules (FY2018/19 garbled in the held extract). https://islandstrust.bc.ca/about-us/accountability/financial-information/. FY2014/15 300,084.99 (prod-text extract); FY2015/16 393,450.78 (doc 1501 p17); FY2017/18 trough 219,452.18 (doc 1513 p20); FY2021/22 dip 264,873 (doc 5406 p7); FY2025/26 766,304 (doc 10051 p18). Young Anderson was the largest non-payroll supplier in 8 of 11 usable years; Colliers Macaulay Nicolls topped FY2016/17, FY2017/18 and FY2021/22..

The fifteen-year legal bill, and the cases behind it

PUBLIC RECORD. The audited Legal line — all firms, all matters — totals $4,990,050 across the fifteen fiscal years, 4.25% of every dollar the Trust spent in those years ($117,308,372). The shape: a steady ~$0.3M a year through the mid-2010s, then escalation — $378,713 (FY2023/24) → $618,882 (FY2024/25) → $755,442 (FY2025/26), 2.4x the FY2011/12 level and 7.24% of that year's total expenses. Year by year, with each year's share of total expenses:

Source: data/finance/legal.json expenseLine (each year traced to its audited statement in data/finance/series.json; FY2025/26: Islands Trust Financial Statement March 31, 2026 p18).

The plan side, and the mechanism. The FY2026/27 budget plans $362,000 for the same work — plan, less than half the FY2025/26 actual (“Legal Costs (General, Bylaw enforcement litigation, Litigation defense) have been budgeted at a total of $362,000 (prior year- $356,000).” (Financial Planning Committee Regular Meeting Agenda (Budget 2026/27), p25)). The gap is partly by design, in the committee's own words: “Trust Council's approved budget intentionally approved reduced legal budgets with the understanding that overages would be funded by surplus. This was a move to reduce tax increases in the Trust Area.” (Financial Planning Committee Regular Meeting Agenda, p26-p27). And why the overages happen: “the actual expenditures in the current fiscal year in regards to legal expenses are much more than what was budgeted for, mostly because of lengthy court cases” (Financial Planning Committee Regular Meeting Minutes (Nov 12, 2025), p6). PUBLIC RECORD, quoted, not our characterization.

INFERENCE (labeled). The FY2016/17 puzzle: the audited line prints $56,942 — an 82% drop from $316,087 — while the same year's SOFI shows $261,684 cash paid to Young Anderson, 4.6x the accrual line against a 0.84-1.24 band in every other held year. Our reading, labeled as ours: an accounting presentation/timing artifact, not a real collapse in legal work. UNKNOWN: no held document explains it; the original PDF (annual report 1089 p102) is the next check.

The court record, counted neutrally. INFERENCE — our tally of the case inventory below, stated with its definition. Of the 18 distinct matters with an outcome on the record, the Trust (or trustees, defended) succeeded outright in 15, split 1 (2001 BCCA 736), and lost at trial but won on appeal in 2 (MacMillan Bloedel 1993–1995; Fonseca 2018–2021). No matter in the inventory ended in an un-reversed defeat. The win record is a matter of fact and this page publishes it plainly; it is not an argument about any case.

What the public cannot see is per-case spend. UNKNOWN, not zero: no document in the held finance corpus publishes legal dollars by matter — the committee papers name islands and categories, not files. The only quantified cost awards in the whole record:

The Thetis clean-up is the only modern matter where both sides of the ledger are visible: $125,000 spent against $147,000 recovered. What each win cost, and what the enforcement docket costs net of recoveries, is not published anywhere. The criticism this record supports is about the money — the cost concentration in one firm, the under-budgeting mechanism, and the absence of per-case figures — not about whether the Trust should win its cases.

Conservation: the segment that doubled

The audited Trust conservancy services segment — the Trust's own category — rose from $644,424 (2011/12) to $1,309,567 (2025/26), +103.2% nominally: about half that in real terms (+49.5%) and about +11.9% real per resident. Its share of the total budget moved from 9.8% to 12.5%. The step-up coincides with the federal ECCC Species at Risk Program era (“The addition of a new Species at Risk Program, including the influx of $205,000 for program costs from Environment and Climate Change Canada.” (Financial Planning Committee Meeting Agenda, p92 L3466)) — part of the growth is federal money spent in-year. The peak was $1,357,436 (2024/25); 2025/26 dipped about 3.5%.

Land acquisitions are episodic and mostly gifts, and they are kept as a separate labelled line, never summed into spending: FY2020/21 donated land valued at $3,023,000 (Conservancy statement, doc 4712 p36: 'Donation of land (3,023,000) (70,000)'); Link Island Nature Reserve received FY2022/23, valued at $1,208,000 (doc 6126 p20 L1170).

What Trust Council costs

The cost of Trust Council governance — the Trust's own audited 'Council services' segment, which its own budget (9195 p1) builds from Trust Council $495k + Executive Committee $138k + Trust Area Services $804k + a 17% general-administration allocation $501k — was $1,752,405 in 2025/26, +50.1% nominal versus 2011/12 ($1,167,154). In real terms +10.5%; per resident, -17.4% real; and its share of the budget fell from 17.8% to 16.8% while the total budget grew +59.2% nominal. Governance cost roughly tracked inflation and grew slower than the budget it governs. This is the price of the institution the Act creates — meetings, administration and statutory process — and this page does not present it as improper spending.

The plan trajectory (plan, labelled): 2026/27 $2,359,332; 2027/28 $2,234,969; 2028/29 $2,279,705; 2029/30 $2,325,335; 2030/31 $2,679,091. (Financial Plan Bylaw 204 Schedule A and approved budget one-pagers (plan); Plan 'Council services': 2026/27 2,359,332 (doc 9820); 2027/28 2,234,969; 2028/29 2,279,705; 2029/30 2,325,335; 2030/31 2,679,091 (Bylaw 204 Schedule A, doc 9911). Plan, not audited..)

Named advocacy items, separately. Our advocacy cut is defined as follows, and the definition is the load-bearing judgment: OUR CUT, and the definition itself is an editorial judgment - print it wherever used: advocacy/political = spending on bodies, programs and issues beyond the Trust's statutory land-use planning-and-regulation function under s.3 Islands Trust Act (bylaw administration, OCP/LUB making, enforcement). Operationally we count: Trust Council services segment (whole-segment trend, since TC exists to do trust-wide advocacy), named TC strategic-plan projects that are issue-advocacy or engagement rather than land-use regulation (climate programs, reconciliation initiatives, stewardship education, broadcasting meetings, heritage grants-in-aid, regional-forum support), membership/communications program lines, and grant-funded engagement (First Nations Engagement, Healthy Watersheds). We do NOT count: Local Planning Services, Conservancy land conservation (separate R4 cut), or the Salt Spring watershed special requisition (a land-use-adjacent service). Ferry-fare advocacy is documented as activity but its dollars are not isolable in the held corpus.

The named items the corpus isolates, with dollars, total well under $1M a year:

• DEFINITION (print wherever the cut is used) (n/a): “OUR CUT, editorial judgment: advocacy/political = spending on bodies, programs and issues beyond the Trust's statutory land-use planning-and-regulation function (s.3 Islands Trust Act). Counted: whole Trust Council services segment; named TC strategic-plan issue/engagement projects (climate, reconciliation, stewardship education, meeting broadcasts, heritage grants-in-aid, regional forums); membership and communications program lines; grant-funded engagement. Not counted: Local Planning Services, Conservancy land conservation, SSI watershed special requisition. The boundary is ours, not the Trust's.” (no doc, definitions.advocacy in this file)
• trust-council-segment.actual (Trust's own segment; the advocacy umbrella trend) (2011/12-2025/26): “Council services 1,888,759 1,752,405 1,520,429” (9984, p7 L171 (FY2025/26; full series in series.json segmentTrustCouncil))
• trust-council-segment.plan (2026/27-2030/31): “planSegmentTrustCouncil per series.json (budget one-pagers / Bylaw 204 Schedule A)” (9820, p1 (per series.json sources))
• bc-ferries-fare-advocacy (activity documented, dollars not isolable) (2009/10-2011/12): “Support for a Southern Routes Strategy for BC Ferries [...] Responding to BC Ferries Allegations [...] BC Ferries Governance Review [...] provided to BC Ferries by the Province should be increased as part of a strategy to sustain the ferry system on a sound financial footing.” (1081, p15 L507 - p16 L538)
• UBCM-membership (2021/22): “Memberships costs are budgeted at $15,210 for the 2021/22 year, which is a reduction of $2,100 from previous budget.” (4243, p7 L324)
• climate.climate-focused-budget (FY2020/21 headline) (2020/21): “Islands Trust Council Approves 2020/21 Climate-Focused Budget [...] The Islands Trust Council approved a climate-focused budget of $8.3 million for 2020/21. [...] a draw from accumulated surplus of $501,150 has been approved to fund these strategic initiatives and subsidize operations of the Islands Trust Council, local trust committees, and the Islands Trust Conservancy Board.” (3912, p1)
• climate.project-asks (FY2021/22 draft new-initiative list) (2021/22): “Prior Year Project carryover: Eelgrass Mapping, phase 1 - $50,000 [...] Freshwater Strategy work - completion of phase 1 (Strat plan item #7) - $30,000 [...] Develop and implement a stewardship education program (Strat plan item # 21) - $15,000 [...] Broadcast public meetings (Strat Plan item #13) - $19,000 [...] Develop set of climate change, demographic + environmental data along with performance criteria (Strat plan item #12) - $25,000 [...] Develop a model land use regulation regarding freshwater sustainability including groundwater, rainwater catchment and greywater recycling (Strat Plan Item #9) - $5,000 [...] Finish mapping and develop water budgets for groundwater aquifers in the Trust Area (Strat Plan Item 8) - $50,000” (4243, p8)
• climate.grants-actual (grant-funded climate/watershed work) (2023/24): “Total transfers were higher than budget by $163,000 (29%) due primarily to unanticipated grant funds received and spent related to: - First Nations Engagement ($40,000) - Local Government Climate Action Program ($111,000 higher than expected) - Healthy Watershed Initiative ($12,000 more than expected spent and recognized in the year)” (8602, p17 L521-L526)
• climate.grants-actual (FY2024/25 variance) (2024/25): “Local Government Climate Action grant under budget by $38,000 due to these grant funds received and spent the year prior due to revised payment schedules form the Province. [...] Healthy Watersheds Initiative grant - unused grant funds of $24,000 from the prior year freshwater project were spent on new work in the year.” (9335, p38)
• reconciliation.action-plan (2021/22, $17,000): “Implementation of the Trust Reconciliation Action Plan (Strat plan item #18, 19) - $17,000” (4243, p8 L355)
• reconciliation.first-nations-engagement-grant (2023/24, $40,000): “Total transfers were higher than budget by $163,000 (29%) due primarily to unanticipated grant funds received and spent related to: - First Nations Engagement ($40,000)” (8602, p17 L524)
• species-at-risk-program (ECCC grant via Conservancy) (2021/22, $205,000): “The addition of a new Species at Risk Program, including the influx of $205,000 for program costs from Environment and Climate Change Canada.” (3689, p92 L3466)
• grants-in-aid.history-heritage (Trust Area grants program) (2016/17-2021/22): “50960 History and Heritage Funding Grants-in-Aid 0 0 1,500 4,500 5,000 0 5,000 5,000 - 0.0% 500 11%” (4243, p17 L731)
• communications (program line) (2021/22, $46,000): “Communications and ITC Fundraising costs are budgeted at $46,000 for the fiscal 2021/22 year, which includes $20,000 for Communications work under TAS, $20,000 for ITC communications work, and $6,000 for communications associated with LTCs and LPS.” (4243, p7 L318)
• regional-coordination-groups (named, not dollarized) (2025/26): “Administrative support to regional coordination groups (e.g. Southern Gulf Islands Forum, Howe Sound Community Forum)” (9194, p1)

Ferry-fare advocacy and regional-forum support are documented as activity; their dollars are not isolable in the held corpus. The Trust's own reporting cannot separate advocacy dollars from governance dollars — that isolation failure is itself part of the transparency finding below.

Payroll, in aggregate

The SOFI remuneration schedules publish per-person rows; this page publishes them only as bands. The number of employees over the $75,000 disclosure threshold rose from 13 (2014/15) to 31 (2025/26). The top listed remuneration rose from about $140k to about $219k over the same window. No staff names appear on this page, by policy.

Source: Statements of Financial Information, schedule of remuneration over $75,000 (Financial Information Regulation Sch. 1 s.6); published as counts and a top-pay trend, never names. https://islandstrust.bc.ca/about-us/accountability/financial-information/. FY2014/15: 13 employees over $75k, top listed remuneration $139,989.44 (prod-text extract, page 6). FY2025/26: 31 employees over $75k, top listed remuneration $219,044 (doc 10051 p16). Counts are the schedule rows; the 2021/22 schedule does not foot ($3) and the printed total is kept.

How many people

The payroll above pays a complement that has grown, but whose published record is short. FTE = full-time equivalents as published in budget documents (including part-time and co-op FTE); a person count runs slightly higher. The published FTE totals exist only from FY2021/22:

The years after are derived — our arithmetic from published figures, labeled as ours, because the FTE tables in the budget papers exist only as embedded images:

Against an estimate — secondary and unattributed — of about 30 staff in 1998 (a $2.8M budget year), the FY2026/27 complement of about 70 FTE is about 2.3x. Gulf Islands Driftwood letter (filed in the 2026 budget cycle): 'in 1998, 30 staff and a budget of $2.8 million'; plausible against the Trust's own 1998 staff webpage (22 named planning staff plus support), but not traced to a primary document. The independent check that needs no total at all: the SOFI schedule of everyone paid over $75,000 runs from 13 employees (FY2014/15) to 31 (FY2025/26), 2.4x. A salary-threshold floor also grows with wage inflation, so part of the rise is pay-level drift, not only headcount.

Source: data/finance/headcount.json (H10; narrative docs/finance-study/headcount.md). Published rows: doc 4323 p194-p195 ('TOTAL = 59.3 FTE'); doc 4955 p283 ('TOTAL = 59.9FTE'); doc 5623 p50 ('TOTAL = 64.0 FTE'). Derived rows: 64.0 + three new positions per the approved-budget news release (doc 8474); no new positions, fuller-year funding only (doc 8927); ~67.0 + four positions - 0.3 co-op = 70.2 (doc 9705 p22).

What is not published

The FY2024 budget existed, and its document was never published. The audited statement for that year says: “The budget data presented in these financial statements is based upon the 2024 operating budget approved by Trust Council on April 20, 2023.” (Islands Trust Financial Statement March 31, 2024, p18) — and that budget is the only year 2011/12-2026/27 with no budget document of any kind: not in the 293-document finance corpus, not on the budget page (which links only the FY2026/27 budget), not in the site's own search. Those are two separate facts: the statement proves the budget existed; the audit proves the absence. The Islands Trust Act s.14(1) requires the budget bylaw to exist on or before March 31 each year; it does not require a publication, and this page does not call the hole a statutory breach. It notes that in a fifteen-year publishing practice, exactly one year's budget is absent, and that year's numbers survive only as a reconciliation note in the audited statement.

“Last 5 Years” understates. the finance page heading 'Statements of Financial Information (Last 5 Years)' resolves to four documents (FY2022-FY2025); the FY2025/26 SOFI was approved at FPC on 2026-08-19 (doc 10051) but is not yet published standalone. 'Islands Trust Audited Financial Statements (Last 5 Years)' links FY2022-FY2026 only, though audited statements exist for every year FY2011/12-FY2025/26. The asymmetry is itself the finding: statements kept five years, SOFIs four, annual reports about twelve, budgets one.

Document integrity. 6 byte-identical duplicate groups (44 redundant records, SHA-256 verified, none of them financial statements) and 2 live-404 finance documents (docs 3599 and 6014) against 291 of 293 links healthy — checked 2026-09-21. Hygiene, not the headline; the headline is the FY2024 hole.

What the law asks for. On or before March 31 in each year, the trust council must, by bylaw, adopt an annual budget for the trust for the next fiscal year. (Islands Trust Act s.14(1)) Within 6 months after the end of each fiscal year: a schedule showing, for each employee earning more than the prescribed amount ($75,000), the total remuneration paid, and a schedule showing the total amount paid to each supplier of goods or services greater than the prescribed amount ($25,000). (Financial Information Act s.2(3), BC Reg 371/93 Sch. 1 ss.6-7; the SOFI duty applies to the Trust via FIA Schedule 1) What is not published, that a reader might expect from that list: per-year bylaw-ticket receipts (only the Trust's own $5,000-$16,000 range exists); audited enforcement program actuals (no such line exists in any statement); a legible FY2018/19 SOFI supplier schedule; pre-2012 audited statements; and the FY2024 budget itself. Each is a publication-status fact: a document the corpus does not hold. This study was desk-only; every figure above comes from a published document.