Budget & Financial Review

The operating budget for the 2021 fiscal year is summarized below:

Revenue 

Annual Administration Fees

$416,100

Reserve Account

$44,700

Total Revenue

$460,800
Expenditures 

Governing Council

$115,000

Managed Forest Program

$163,500

Forest Practices Investigations/Audits

$85,000

Office Administration

$97,300
Total Expenditures
$460,800

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