2022 Finance Reports
2022 Operating Budget Reports
2022 Operating Budget - Adoption (PDF)![The majority of 2022 expenditures are Salaries & Benefits (71.5%) $163,142,429,
Facilities & IT (18.1%) $41,257,401, Library Materials (9.4%) $21,447,510 and Other Expenditures (1.1%) $2,458,043.](/content/about-the-library/library-finance/images/2022-expenditure.png)
Salaries and Benefits | $163,142,429 | 71.5% |
Library Materials | $21,447,510 | 9.4% |
Facilities and IT | $41,257,401 | 18.1% |
Other Expenditures | $2,458,043 | 1.1% |
Total Expenditures | $228,305,383 | 100% |
![The majority of 2022 revenues are City Funding (91.9%) $209,785,000,
Fines, Fees & Rentals (1.3%) $2,932,380, Provincial Grants (2.5%) $5,714,187 and Development Charges, Transfers & Other (4.3%) $9,873,816](/content/about-the-library/library-finance/images/2022-revenue.png)
City Funding | $209,785,000 | 91.9% |
Provincial Grants | $5,714,187 | 2.5% |
Fines, Fees and Rentals | $2,932,380 | 1.3% |
Development Charges and Other | $9,873,816 | 4.3% |
Total Revenue | $228,305,383 | 100% |
2022 Capital Budget Funding Sources
2022-2031 Capital Budget and Plan - Adoption (PDF)![The majority of 2022 capital budget funding sources are Debt (71.6%) $36,236,000,
Development Charges (16.7%) $8,450,000, Contribution from Operating (0.8%) $400,000, federal grant (0.0%), Other (10.9%) $5,539,000](/content/about-the-library/library-finance/images/2022-capital-budget.png)
Debt | $36,236,000 | 71.6% |
Development Charges | $8,450,000 | 16.7% |
Contribution from Operating | $400,000 | 0.8% |
Federal Grant | $0 | 0% |
Other | $5,539,000 | 10.9% |
Total Sources of Funding | $50,625,000 | 100% |