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.