Courtenay Annual Report 2025 draft

(Note 14)

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Loss on Disposal of TCA 19,364 50,930 65,624 411,501 74,279

Gain on sale of TCA - - - - 370,460 15,012 Total Revenues 12,627,672 11,857,015 11,828,592 10,306,819 83,851,885 78,289,156 EXPENSES

Goods and Services 9,304,189 8,617,860 1,691,509 1,558,707 32,459,085 31,809,664 Amortization Expense 599,719 601,315 717,797 572,070 8,085,537 7,584,845 Debt Servicing 9,180 (9,567) 299,107 15,919 879,804 184,953 Other Expenses - - 6,593,950 6,218,101 6,893,126 6,529,823

Revenue from Own Sources 673,429 771,625 5,668 79,800 4,479,416 4,615,097 Government Transfers - - - - 6,798,240 5,196,036 Other Revenue - - - - 1,122,297 2,208,379

Other Contributions 111,150 188,064 281,322 163,130 1,370,620 1,831,235 Interest Earned 156,996 132,078 287,630 206,624 3,831,420 4,211,915

$1,330,828 1,436,499 $1,641,849 $1,217,578 $9,477,543 $9,265,917

Water Utility Services Sewer Utility Services Consolidated 2025 2024 2025 2024 2025 2024 Taxation $1,529,772 $1,298,915 2,604,590 2,231,533 42,193,676 38,302,054 REVENUE

Sales of Services 10,156,325 9,466,333 8,649,382 7,625,733 23,685,756 21,909,428

Total Expenses 11,296,844 10,420,516 10,186,743 9,089,241 74,374,342 69,023,239 ANNUAL SURPLUS (DEFICIT)

Salaries and Benefits 1,364,392 1,159,978 818,756 724,446 25,645,289 22,839,677

The Corporation of the City of Courtenay Consolidated Schedule of Segment Disclosure by Service - Schedule 1 (continued) Year ended December 31, 2025

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