A Interesting forecast by the City of Victoria

City of Victoria
2009 to 2013 Revenue Estimates

2009 189,881,217
2010 186,252,402
2011 190,219,926
2012 196,697,345
2013 203,365,683

The increase is due to only a few revenue streams...

Parks, Rec & Community Development from 2,375,871 to 2,521,225
Police from 8,652,581 to 9,465,866
Conference Centre from 7,720,724 to 8,072,936
and last but far from least....
Property Taxes from 93,164,446 to 114,806,920

Expense Estimates 2009 to 2013

2009 189,881,217
2010 186,252,402
2011 190,219,926
2012 196,697,345
2013 203,365,683

To the dollar, expected revenues match expected expenses...amazing..

Increased spending

Corporate Administration from 1,830,605 to 2,034,199
Legislative and Regulatory Service from 5,035,232 to 5,568,698
Finance Department from 4,634,362 to 5,152,961
Human Resources from 1,497,358 to 1,659,402
Fire Department from 12,070,386 to 13,879,594
VEMA from 427,075 to 472,129
Planning and Development from 3,339,195 to 3,669,985
Parks, Rec & Community Development from 13,568,496 to 14,952,702
Greater Victoria Public Library from 3,461,221 to 4,369,646
Police Department from 41,217,000 to 46,765,023
Conference Centre from 7,720,724 to 8,072,936
Debt Principle and Interest 7,827,583 and remains at the same amount, to the dollar
Capital Budget Financed from Operating from 9,885,335 to 14,888,592


One observation, the Engineering Dept in 2009 spent 61,839,496....20,622,496 MORE than the police department.

But we all know public safety comes first....

http://www.victoria.ca/cityhall/pdfs/budget-financial-plan-2009-revenue-expenditure.pdf