Budget & Financial Review

The operating budget for the 2024 fiscal year is summarized below:

Revenue

Annual Administration Fees

$564,400

Reserve Account

$0

Total Revenue

$564,400

Expenditures

Governing Council

$130,000

Managed Forest Programs

$198,200

Forest Practices Investications/Audits

$136,000

Office Administration

$75,200

Total Expenditures

$539,400

ARCHIVED BUDGET SUMMARIES

FINANCIAL AUDIT AND DECLARATION OF OPERATING SURPLUS

Council retains a financial auditor annually to review operations of the previous fiscal year.  A declaration of operating surplus is made when applicable, as required by s. 9(7) of the Private Managed Forest Land Act.

DECLARATION OF OPERATING SURPLUS