Some Quick Facts About Your Tax Dollars
2024 — 2018
Total taxes & user fees: $217,486,779.00 / $152,469,860.00
Total City Revenues: $271,766,975.00 / $187,476,274.00
Total City Expenses: $224,900,443.00 / $158,389,864.00
Total Annual Surplus: $46,866,552.00 / $29,086,410.00
Accumulated Surplus [2024: $1,055,145,994.00] / [2018: $761,000,797.00]
CITY HALL STAFF WAGES
Wages and Benefits: $90,806,222.00 / $64,820,429.00
Policing: $42,062,365.00 / $28,660,500.00
Contract Services: $74,609,919.00 / $51,479,092.00
SOFI (Statement of Financial Information)
This SOFI summary excludes RCMP contract costs and full benefit loading. It focuses on employee groups only.
Group Totals:
2018: $54,974,163.21
2023: $66,587,350.11
2024: $72,823,191.93
By Employee Group:
CUPE: $13.7M → $29.0M
IAFF: $10.2M → $14.2M
Management: $6.4M → $11.6M
Under $75K: $24.2M → $18.0M
Trends During Mayor Krog’s Term
Overall city staff costs are up 21% since 2018. Management and CUPE costs jumped significantly while the <$75K group declined. Pension and benefit costs are additional.
Policing Costs:
2018: $28.7M → 2024: $42.1M
Population vs Wage Growth:
2012: 86,886
2017: 96,728
2023: 108,277
Staff wages are rising faster than population growth.
Combined Increases (2018–2024):
CUPE: +111.5%
Management: +80.8%
Policing: +46.8%
All Groups (excl. policing): +33.5%
Under $75K: -34.3%
Comments
Post a Comment
Thank you for your input. Your comment will appear once reviewed.