2023 Finance Reports

2023 Operating Budget Reports

2023 Operating Budget - Adoption (PDF)
Pie chart of 2023 Gross Expenditure. Salaries and benefits make up 72% ($169m); library materials make up 9.1% ($21.4m); facilities and IT make up 17.5% ($41.1m), other expenditures make up 1.3% ($3.1m).

2023 Gross Expenditure Budget
Salaries and Benefits $168,999,071 72.0%
Library Materials $21,447,510 9.1%
Facilities and IT $41,094,508 17.5%
Other Expenditures $3,069,222 1.3%
Total Expenditures $234,610,257 100%

Pie chart of 2023 Revenue Budget. City funding makes up 91% ($213.6m); provincial grants make up 2.4% ($5.7m); fines, fees and rentals make up 3.7% ($8.7m); development charges and other make up 2.8% ($6.6m).

2023 Revenue Budget
City Funding $213,558,980 91.0%
Provincial Grants $5,714,187 2.4%
Fines, Fees and Rentals $8,718,156 3.7%
Development Charges and Other $6,618,934 2.8%
Total Revenue $234,610,257 100%

2023 Capital Budget Funding Sources

2023-2032 Capital Budget and Plan - Adoption (PDF)

Pie chart of 2023 Capital Budget Funding Sources. Debt makes up 83.2% ($42.2m); development charges make up 9.9% ($5.0m) ; contribution from operating makes up 0.8% ($0.4m); other makes up 6.1% ($3.1m).

2023 Capital Budget Reports
Debt $42,131,721 83.2%
Development Charges $5,013,000 9.9%
Contribution from Operating $400,000 0.8%
Other $3,073,956 6.1%
Total Sources of Funding $50,618,677 100%
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