The operating budget for the 2020 fiscal year is summarized below:
| Revenue | |
Annual Administration Fees | $476,000 |
Reserve Account | $0 |
Total Revenue | $476,000 |
| Expenditures | |
Governing Council | $120,000 |
Managed Forest Program | $165,500 |
Forest Practices Investigations/Audits | $80,000 |
Office Administration | $110,500 |
| Total Expenditures | $476,000 |
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.