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Organizational Revenues & Expenses
FISCAL SERVICES
OVERVIEW
Fiscal Services is where all general revenue is collected. This includes property taxes, grants, interest on investments, as well as dividend and franchise fee revenue. General expenses are also incurred in this area. These include long-term debt payments, capital tax, requisitions, and reserve transfers.
DEPARTMENT BUDGET
2022 Budget $ Change 2023 Budget 2024 Budget 2025 Budget 2026 Budget
Revenue (185,292,017) (4,502,205) (189,794,222) (189,993,969) (197,279,361) (201,743,836)
Operating Expenses 60,417,871 (485,307) 59,932,564 65,184,633 68,038,533 70,343,598
Net Required (124,874,146) (4,987,512) (129,861,658) (124,809,336) (129,240,828) (131,400,238)
Revenue increases are as a result of anticipated growth in the tax base and revenue from the County of Grande Prairie as a result of ICF negotiations. Expense decreases are expected as a result of less capital tax required to support capital projects.
