Saturday, June 12, 2021

Port Edward SOFI report charts District's spending and expenses

It's report season for the municipalities of British Columbia and this week the District of Port Edward published its annual Statement of Financial Information, the document required under provincial law to provide some transparency for residents on how communities use their tax dollars.

The Port Edward document includes the required report of compensation for elected officials and salaries over 75,000 dollars for those on staff. 

On compensation the Port Edward Council accounts for a total of 61,376.16 in salaries and 10,408.16 in expenses. 

Though as seems to be the case for many small communities, there is no explanation as to how the expenses were accumulated.

Only five members of staff make it to the disclosure requirements at total of $507,747 all other staff account for an additional $359,357 in compensation.

When it comes to payments to Suppliers, the Ministry of Education gets the largest share towards operations of the Port Edward School, Road work, engineering consultation, Regional District and Receiver General payments were next on the list as most notable.

The District also includes a Building Permit Summary as part of their SOFI package, providing residents with a look at some of the community improvement taking place.

The full SOFI overview from Port Edward can be explored from the Agenda package from the Tuesday Council session.

At the end of the week, the District released their 2021 Annual Report, providing for a look at the progress for the community from the last year.

For more notes on the District see our archive page here.


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