2024 Annual Report Draft

The Corporation of the City of Courtenay Consolidated Schedule of Segment Disclosure by Service - Schedule 1 (continued) Year ended December 31, 2024

(Note 14) Page 2 of 3

Recreational and Cultural Services

Public Health & Welfare Services

Environmental Development Services

2024

2023

2024

2023

2024

2023

REVENUE Taxation

- - -

- - -

- -

- -

- -

- -

Sales of Services Revenue from Own Sources

970,359

553,963

1,854,799

1,562,225

Government Transfers

704,958 168,245

929,971 212,233

818,528

185,082 462,700 209,100 77,904

599,495

530,823

Other Revenue

1,745,970

-

-

Other Contributions

- - -

- - -

285,000 73,737

257,279 65,777 15,012

10,813 64,203

Interest Earned

Gain on sale of TCA

-

-

563

Total Revenues

873,203

1,142,204

3,893,594

1,488,749

2,792,362

2,168,627

EXPENSES Salaries and Benefits Goods and Services Amortization Expense

261,248 222,241 53,183

273,430 153,626 50,843

1,099,163 1,666,070

1,242,915 1,479,257

6,765,640 4,129,594 1,160,601

5,796,260 3,714,281 1,096,358

1,095

1,095

Debt Servicing

- - -

- - -

-

-

35,741 64,060

48,093 47,929 40,415

Other Expenditures

702

756

Loss on Disposal of TCA

-

-

Total Expenses

536,672

477,899

2,767,030

2,724,023

12,155,636

10,743,336

ANNUAL SURPLUS (DEFICIT)

$336,531

$664,305

$1,126,564

$(1,235,274)

$(9,363,274)

$(8,574,709)

City of Courtenay | 2024 Annual Report

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