SPECIAL PLANNING AND DEVELOPMENT COMMITTEE

HILLSIDE BUDGET

January 15, 2014 SCRD Board Room, 1975 Field Road, Sechelt, BC

AGENDA

CALL TO ORDER 10:00 a.m.

AGENDA

1. Adoption of the Agenda

REPORTS

2. Potential 2014 Hillside Work Plan/Budget Items ANNEX A pp 1 - 4

3. Hillside Financial Overview ANNEX B pp 5 - 13

ADJOURNMENT

\\scrd.ad\files\networkfiles\Administration\0540 Board & Committees\Agendas\PDC - Current\2014-01-08 Hillside work plan - budget items.docx

SCRD STAFF REPORT

DATE: January 7, 2014

TO: Planning and Development Committee -

FROM: Steven Olmstead, GM, Planning and Development

RE: Potential 2014 Hillside Work Plan/Budget Items

RECOMMENDATION(S)

1. That the R1 budget proposal for Hillside [Function 540] provide for: a. up to $12,000 for an appraisal of SCRD land at Hillside that includes values for

sale of DL 1482 “as is” and values if subdivided. b. up to $??,??? for preparation of a cost estimate for subdivision of District Lot

1482. c. up to $6,500 for preparation of a business case for a pellet plant at Hillside

Industrial Park. d. up to $3,000 to assess opportunities for establishing medical marihuana facilities

at Hillside. e. up to $5,000 for contract maintenance services at Hillside.

2. That a report, including cost estimates, regarding establishing an arm’s length

corporation to manage Hillside be brought to R2 budget considerations. BACKGROUND

In recent months the Board has passed a number of resolutions regarding budget and work plan initiatives for the Hillside development. At its October 24, 2013 meeting the Board passed the following resolution:

… THAT a budget proposal be prepared to include the following: 1. The true expected value of disposable land for lease or sale in an updated report; 2. The recommendation of a reasonable threshold of liability best/worst expected case; 3. There be an assessment of infrastructure costs of land development and maintenance of

current infrastructure. On November 28th, the following resolutions were passed:

Recommendation No. 3. Hillside Development Corporation THAT staff investigate the possibility of setting up an arm’s length corporation to manage the development of Hillside Industrial Park. Recommendation No. 4. Hillside Development Contract Services THAT consideration be given to including funding for retaining a consultant to assist with the Hillside Development Project in the 2014 budget.

ANNEX A

1

Staff Report to Special PDC Regarding 2014 Hillside work plan/budget Page 2 of 4

DISCUSSION Further to the above, staff have developed a potential 2014 work plan based around four major areas of interest at Hillside: land disposition; business opportunities; operation and maintenance; and long term management of the development. Land Disposition In determining the best alternative for land disposition we need a valuation of the land and an estimate of the cost of development to make a decision about whether to sell land “as is” (i.e. raw, unsubdivided land) or to subdivide where possible. The proposed work plan would be roughly as follows: 1. Determine potential revenue from land sales With the sale of Lot H in 2013, the only remaining easily developable (and salable) SCRD lot at Hillside is Lot G. District Lot 1482 could be sold as a single property or it could be subdivided into up to five or six lots, but it is presently “raw land”. As the SCRD has had a policy since the inception of Hillside of incurring expenses and carrying a deficit based on future repayment occurring from “future land sales”. As the amount of land available for sale diminishes over time, it is prudent to ensure that revenues from sales of remaining lands will be sufficient to cover all liabilities. While there is a question of how much of the 145 acres in SCRD ownership is developable, at this point there is no immediate concern that sales would not cover outstanding expenses. The committee is aware there remains an unanswered question about the market value of the SCRD’s saleable land at Hillside, even from an assessed value perspective, as the present assessed value of two property folios seems inordinately high. BC Assessment is presently reviewing its valuation of the two folios. Staff have obtained a “ballpark” estimate of the cost of an appraisal as being in the $10,000 to $12,000 range. Recommendation 1 – That the R1 budget proposal provide for up to $12,000 for an appraisal of SCRD land at Hillside that includes values for sale of SCRD land “as is” and values if subdivided. 2. Estimate subdivision costs The costs of subdivision/development will involve land survey costs, engineering (geotech, roads, hydrology) legal (covenants, if required) and actual construction costs for roads/accesses, site preparation etc. Staff are in the process of making enquiries to obtain a cost estimate for budget purposes. In keeping with the SCRD vision for Hillside, the decision to subdivide would be based on considerations such as the additional employment that may result from a larger number of properties being developed and that financially the objective is more toward breaking even than gaining a financial return on investment. Recommendation 2 – That the R1 budget proposal provide for up to $??,??? for preparation of a cost estimate for subdivision of District Lot 1482.

2

Staff Report to Special PDC Regarding 2014 Hillside work plan/budget Page 3 of 4

Contract Services - Business Investment Attraction Initiatives Wood Pellet Plant The 2013 update of the Hillside Industrial Park Competitiveness and Development Opportunities Assessment concluded that the Hillside Industrial Park is a competitive location for a hog fuel processing plant or wood pellet plant. There are 150,000 tonnes of raw woody biomass generated annually at Howe Sound log sorting yards. HIP is a logistically favourable location to amass biomass from the Strait of Georgia region. Processing of biomass into a low grade product for pulp mill use or into a high energy product for a wide range of energy users may be economically viable. In discussion with Rural Futures Inc. staff have been advised that the business case for a pellet plant needs more work before the opportunity can be marketed. Rural Futures submitted a concept to work with the Canadian Wood Pellet Association to create a prospectus that examines the primary factors in the choice of HIP as a competitive location. The Executive Director of the Wood Pellet Association has agreed to collaborate and his organization will market the opportunity if it is viable. Recommendation 3 – That the R1 budget proposal provide for up to $6,500 for preparation of a business case for a pellet plant at Hillside Industrial Park. Marine Services - Ocean Access Opportunities at Hillside for a marina and marine services cluster have been explored over the past year or two. The key constraint – lack of appropriate ocean access – has yet to be resolved. A report from the habitat biologist retained by the SCRD was supportive of developing ocean access at the SCRD owned Lot B, which is presently leased to 2019, but was not supportive of modification of the foreshore covenant to permit ocean access at Lot G. However, if the Board did wish to pursue access at Lot G, the report noted that “if access is required, I suggest exploring a small opening through the riparian and across the intertidal at the most southern end of the lot. (adjacent to Lot C). This would ensure the majority of the protected area on Lot G remains and reduces the fragmentation of the habitat on Lot G.” If the Board wishes to pursue ocean access through the covenant area on Lot G, then up to $?,??? to retain a consultant to prepare and manage the authorization/permitting application and process. Marine Services - Shipbuilding In 2012 the regional district had preliminary discussions with various interests in the shipping sector. Of particular interest was the possibility of attracting business associated with the federal shipbuilding contract to Hillside. The conclusion after these preliminary discussions was that there would be little or no opportunity. Recently, it was mentioned in passing that there may be some new potential in conjunction with the shipbuilding contract. This topic should be discussed further at the meeting.

3

Staff Report to Special PDC Regarding 2014 Hillside work plan/budget Page 4 of 4

Medical Marihuana Over the past couple of months staff have received several enquiries about the potential availability of land at Hillside for medical marihuana production. If there is interest in exploring this opportunity it would be useful to investigate potential locations, value/acre of taxes, employment generation, lease or sell options, security and the attitude of present occupants on that industry in their midst. Recommendation 4 – That the R1 budget proposal provide for up to $3,000 to assess opportunities for establishing medical marihuana facilities at Hillside. Contract Services –Maintenance Given the limited staff resources available, the Board has recognized the need to retain contract services to assist with maintenance issues at Hillside. A maintenance contractor would be responsible for arranging and overseeing routine maintenance such as ditch clearing, brushing roadways and brushing Lot G and other miscellaneous maintenance matters. Recommendation 5 – That the R1 budget proposal provide for up to $5,000 for contract maintenance services at Hillside. Management of Hillside Industrial Park Staff made preliminary enquiries in December about the possibility of forming an arm’s length Hillside Development Corporation and were advised that the authority exists. Costs involved in taking this idea to the next steps would be associated with management consultant and legal fees. Staff are awaiting a reply on a request for a general cost estimate from the President of the Chilliwack Economic Partners Corporation if a consultant was to assist in this process. Further information and consideration is needed prior to deciding on a course of action and can be provided prior to Round 2 of the budget process Recommendation 6 – That a report, including cost estimates, be brought to R2 budget considerations regarding establishing an arm’s length corporation to manage Hillside.

4

N:\Finance\1880 Reports, Statistics - Financial\1880-01 Reports - General\2013-OCT-10 SPECIAL PDC STAFF REPORT - Hillside Financial Overview.docx

SCRD STAFF REPORT DATE: September 17, 2013

TO: Special Planning and Development Committee, October 10, 2013 FROM: Tina Perreault, Treasurer RE: HILLSIDE FINANCIAL OVERVIEW RECOMMENDATION(S): THAT the Treasurer’s report regarding the “Hillside financial overview” be received for information; AND THAT Staff work with BC Assessment on the rational for the land values at Hillside for roll numbers 746.07917.000 and 746.07917.200. BACKGROUND

At the February 23, 2012 Regular Board Meeting, Motion 079/12, recommendation 10 was adopted, partial excerpt as follows:

Recommendation No. 10 Hillside Development

AND THAT staff report back to the May Corporate and Administrative Services Committee with the financial background of the Hillside development project;

DISCUSSION In 1990, the Sunshine Coast Regional District purchased a large block of land in the amount of $2.21million dollars, for the purpose of a commercial or industrial development, known as Hillside. Not all the property is for economic enterprise, and includes a large demonstration forest, protected environment, and parkland (Attachment 1and 2). The SCRD borrowed to purchase the property, but was able to pay the principle off in five years from proceeds of land sales (Attachment 3). In the periods from 1992 to 1999, $2,980,748 worth of land was sold; with the last offer to purchase occurring in 2013 for Lot H. Hillside also generates income from water and land leases. However, 50% of the water lease revenue must be remitted back to the Provincial Government. To prepare the property for sale, extensive development costs went into the site, such as land prep, dike construction, roadwork, and drainage management. Costs associated with the service, such as staffing costs, marketing, meeting costs (HIDEGRO) are also considered

ANNEX B

5

Hillside Financial Overview Page 2

development costs (Attachment 4). A total of $3,535,266 of development costs and $571,017 of interest from initial borrowing have been expensed for Hillside. In 2004-05, $53,000 of taxation was collected to help fund operating costs, and since inception of Hillside, a deficit of (1,188,307) has accumulated. Of this deficit, $1,135,307 is due to the SCRD General Fund. This means the SCRD is providing the cash flow required to pay for the expenses each year, with the repayment to occur from the “future land sales”. The assumption is that when land sales occur, the funds will be used to reduce the debt. If the sale of Lot H materializes, the $519,000 will go toward reducing the debt. Hillside is charged interest on the debt, and has been at a rate of 3% since 2003, which is the revolving line of credit rate of the SCRD. Currently, Lot G is the only active lot for sale and has an assessed value of $391,000. There is three large blocks totalling 144.75 acres that could potentially be sold. However, it is unclear what portion of the land is usable, what the assessed and market values are for the parcels. Staff recommend working with BC Assessment on the rational for the land values at Hillside for roll numbers 746.07917.000 and 746.07917.200 to determine if any protected lands are include in the current assessed values. There is also a demonstration forest that could be explored for any potential economic benefits. Attachments:

1. Hillside Industrial Park Property Ownership 2. Hillside Industrial Park 2009 Aerial Photo 3. Hillside Financial Overview 4. Hillside Budget Detail 5. Hillside BC Assessment Data

6

PROPERTYRIVTOW

49.42 ACRES

48.93 ACRES

SCRD

RW

PORT MELLON HIGHWAY

B.C. HYDRO AND POWER AUTHORITY

WHET

STON

E R

OAD

ROAD

ACRES1.32

4.22 ACRES

CREE

KSO

UTH

F

CREE

KNO

RTH

FOREST

E

SERVICE

SRW

NATURAL

UNSURVEYED CROWN LAND

B

11.66 ACRES

A

ROAD

C

ANEV

O

3.16 ACRES

D

GAS

ACRES6.84

TN

C

RP

DRAI

NAGE

RW

D.L.

TO

GI

TCE

12.25 ACRES

J

7747

6616

1645

D.L.

D.L.

D.L.

PIPELINE

DAKOTA CREEK

CREEKMcNAIR

MELLON

1618

1645

PROTECTIONHABITATNATURALHILLSIDE

CREEK

NDAKOTA CK.

MARSHSALT

OLITTLE

DAKOTA

R

D.L.

D.

L.

POT

46.4 ACRES

1645

OCP Boundary

H

NATURAL

DUNH

AM

ROAD

GH

IJ

1

EDCB

HWY.

KLM

ROAD

A

K

KAIKALAHUN

GAS

I SOLD

H

CREEKMcNAIR

EF D C B A

UNSURVEYED CROWN LAND

N

PIPELINE

AMcNAIR

McNAIR FOREST SERVICE ROAD

McNAIR FOREST SERVICE ROAD

FOREST

SERVICE ROAD

McNAIR FORESTSERVICE ROAD

5.60 ACRESWATER LOT

LEASE8.99 ACRESWATER LOT

LEASE

5.73 ACRESWATER LOT

LEASEHillside No. 116.70 ACRESLOG STORAGEWATER LEASE

Hillside No. 214.62 ACRESLOG STORAGEWATER LEASE

Hillside No. 318.50 ACRESLOG STORAGEWATER LEASE

Hillside Demonstration Forest

HILLSIDE INTERPRETATION

AREA

NORTH DAKOTA

HILL

SIDE

ROAD

DISTRICT LOT 1482DISTRICT

LOT1462

DISTRICTLOT3386

FLEETWOODFOREST

PRODUCTS

HILLSIDEMARINE

TERMINAL

DOCK

DISTRICT LOT 1482

DISTRICT LOT 539

DISTRICTLOT 1645

BAYSIDE SAWMILL

COMMUNITYDRY LANDLOG SORT

6.30ACRES

DISTRICT LOT 7830

THORNBROUGH CHANNEL

10.0 ACRES

10.7 ACRES

DISTRICTLOT 1618

155 ACRESENVIRONMENTAL

RESERVE

WEST PARTDISTRICT LOT 1365

CROWN LAND

DISTRICTLOT 1364

DISTRICT LOT 1365

SQUAMISH INDIAN BAND RESERVE

DISTRICT LOT 6754

SECHELTCREEK

CONTRACTING49.70 ACRES

B.C. HYDRO AND POWER AUTHORITY

CONSORTIUM

FLEETWOODWATER

LOTLEASE

CITY TRANSFER8.30 ACRES

WATERWELL

25 YEAR LEASE

HOWE SOUND

SORT

COASTLAND

HOWE SOUND PULP & PAPER MILL

Centra GasCompressorStation

2.5 ACRES

- LAND FOR SALE

- LAND SOLD

- PROTECTED ENVIRONMENT REVISION DATE: OCTOBER 2002

- DISTRICT LOT 539

- DISTRICT LOT 1365

- DISTRICT LOT 1482

- DISTRICT LOT 1618

- DISTRICT LOT 1645

- DISTRICT LOT 7747

For Sale

APPROX. 9 ACRES

8

0 150 300 45075Meters

COASTLAND WOOD IND.

CONSORTIUM

LegendWater Lease

Land Sold

SCRD

Protected Environment

Long Term Lease

Other

Road

SCRD

HILLSIDE INDUSTRIAL PARKPROPERTY OWNERSHIP

ATTACHMENT 1

7

8HILLSIDE INDUSTRIAL PARK

2009 AERIAL PHOTOGRAPH

DL 1482

DL 1482

F E

A

D

B

C

C

GC

OV

EN

AN

T

J

DL 1645

DL

66

16

DL 539

DL 539

K

DL 1618DL 1635

B ACDEF

H

I

HA

B

C

DE

1

G

I

J

K

LM

ATTACHMENT 2

8

Hillside Financial Overviewas at December 31, 2012

1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20122013

(Projected) Total

Revenues:

Lot Sales: DL 1365 (Consortium 1992, 49.7ac) 402,000 402,000 Lot H (Sechelt Creek Contr. 1992, 2.5 ac) 42,500 42,500

Lot A (Bayside Sawmills 1993, 11.66 ac ) 2 446,519 446,519 Lot C (Howe Sound Sort 1994, 6.84 ac) 375,000 375,000 Lot D (Bayside Sawmills 1995, 3.16 ac) 146,747 146,747 Lot E (Hillside Marine 1997, 8.3 ac ) 709,766 709,766 Lot F (Fleetwood Forest 1997, 4.22 ac) 325,966 325,966 Lot N (Centra Gas 1999, 4.29 ac) - - - - - - - - - - 532,250 - - - - - - 532,250 Total Land Sales 2,980,748

Water Leases - - - - 5,218 18,852 23,994 18,311 19,689 19,689 19,689 19,689 19,689 19,689 20,686 22,103 22,306 27,220 47,125 43,682 44,918 46,269 52,818 53,168 54,922 619,726 Land Leases - - - 38,446 65,408 90,276 49,079 - 18,511 16,500 16,200 16,875 19,644 19,800 20,400 24,000 21,206 24,179 16,991 17,415 17,850 18,296 18,296 18,664 19,037 567,073 Property Taxes 25,000 28,000 - 53,000

- Other revenues and cost recoveries - - - - - (161) 4,540 114,516 94,918 - - 8,465 22,821 800 500 7 26,736 33,000 2,190 - 115,000 423,332 To/from unfunded amortization 82,055 109,622 191,677

-

Interest on Agreements for Sale: 1 - DL 1365 (Sold To Consortium 1992) - - - - 22,583 18,714 14,561 10,100 5,312 - - - - - - - - 71,270 Lot C (Howe Sound Sort 1994) - - - - - - 29,250 27,383 25,347 23,128 20,710 18,173 15,409 - - - - 159,400 Lot D (Bayside Sawmills 1995) - - - - - - 4,804 8,015 5,005 3,037 1,663 277 - - - - - 22,801 Total Revenues 0 0 0 80,946 495,208 949,200 272,975 178,325 1,204,514 62,354 590,512 63,479 77,563 40,289 41,586 71,110 98,247 51,399 97,116 145,342 172,390 64,565 71,114 71,832 188,959 5,089,025

Expenditures:Principal payments on bank loan - - - - 171,000 571,519 157,575 160,000 938,985 - - - - - - - - 1,999,079 Interest paid on bank loan - - 10,185 138,397 119,643 109,166 107,148 67,502 18,976 - - - - - - - - 571,017 Development costs 4,745 - 56,034 75,929 93,785 222,193 137,765 702,307 177,709 89,071 84,369 64,899 176,644 430,402 107,383 94,279 131,671 102,696 133,040 171,693 193,709 96,795 95,285 92,864 127,073 3,535,266 Accumulated Prior Year Deficits 4,745 4,745 70,964 204,344 93,563 47,241 176,754 928,238 859,394 886,111 379,968 381,388 480,469 870,582 936,379 959,548 992,971 1,044,268 1,080,192 1,106,543 1,127,862 1,160,092 1,184,263 1,205,295 Total Expenditures 4,745 4,745 70,964 285,290 588,772 996,441 449,729 1,106,563 2,063,908 948,465 970,480 444,867 558,032 910,871 977,965 1,030,658 1,091,218 1,095,667 1,177,308 1,251,885 1,300,252 1,224,657 1,255,377 1,277,127 1,332,368 6,105,361

3Surplus / (Deficit) - Due to General Revenue (4,745) (4,745) (70,964) (204,344) (93,563) (47,241) (176,754) (928,238) (859,394) (886,111) (379,968) (381,388) (480,469) (870,582) (936,379) (959,548) (992,971) (1,044,268) (1,080,192) (1,106,543) (1,127,862) (1,160,092) (1,184,263) (1,205,295) (1,143,409) (1,016,336)

Less: Accumulated Taxation Revenue (25 000) (53 000) (53 000) (53 000) (53 000) (53 000) (53 000) (53 000) (53 000) (52 999)Less: Accumulated Taxation Revenue (25,000) (53,000) (53,000) (53,000) (53,000) (53,000) (53,000) (53,000) (53,000) (52,999)

Deficit per Financial Statements (984,548) (1,045,971) (1,097,268) (1,133,192) (1,159,543) (1,180,862) (1,213,092) (1,237,263) (1,258,295) (1,196,408)

ATTACHMENT 3

9

SUNSHINE COAST REGIONAL DISTRICT [540] - Hillside Development Project

Employees Yes

General Manager Steven Olmstead Manager Steven Olmstead

Established 2003 Location Port Mellon, Electoral Area F

Authority Bylaw No. 1052 Amendments

Source of Funding Self funded (plus taxation limit) Limit on Tax 0.0650 ¢/1000 in assessment

Description Development and Operation of an Industrial Park. The SCRD has worked to turn a former gravel pit into a successful industrial park. Services have been added incrementally and conservatively. Many background technical reports were prepared leading to an Official Plan. Water lot leases are provided along with land through lease or license. The Hillside Industrial Group (HIDEGRO) and Owners and Tenants Association (HIPPOTA) are active.

Notes for 2013 Service formally established in 2003 under a MEVA. Taxation limit is the greater of $0.065/$1000 or $210,150 at the time of requisition.

2009 2010 2011 2012 2013 Change from 2012BudgetValues

BudgetValues

BudgetValues

BudgetValues

BudgetValues

ParticipationRatiosas $ as %Requisitions

Electoral AreaEgmont/Pender Harbour 0 0 0 0 0 0 0.00% 15.81%

Halfmoon Bay 0 0 0 0 0 0 0.00% 11.65%

Roberts Creek 0 0 0 0 0 0 0.00% 9.31%

Elphinstone 0 0 0 0 0 0 0.00% 6.72%

Howe Sound 0 0 0 0 0 0 0.00% 17.53%

Member MunicipalitySechelt Indian Govt District 0 0 0 0 0 0 0.00% 2.43%

District of Sechelt 0 0 0 0 0 0 0.00% 25.31%

Town of Gibsons 0 0 0 0 0 0 0.00% 11.24%

Net Taxes Levied 0 0 0 0 0 0 0.00% 100.00%Limit by law 549,656 545,211 565,304 547,473 533,244

Funding Remaining -549,656 -545,211 -565,304 -547,473 -533,244

2009 2010 2011 2012 2013Tax Rate $ / 100,000BudgetValues

BudgetValues

BudgetValues

BudgetValues

BudgetValuesProperty Tax Class

RESIDENTIAL [01] 0.00 0.00 0.00 0.00 0.00

BUSINESS/OTHER [06] 0.00 0.00 0.00 0.00 0.00

MAJOR INDUSTRY [04] 0.00 0.00 0.00 0.00 0.00

ATTACHMENT 4

10

SUNSHINE COAST REGIONAL DISTRICT GL5290 Page : 1

Date : Oct 01, 2013 Time : 8:47 amBudget Department by Category

From Category: 540 To Category: 540 Budget Detail: Amended Budget

Account Code: ??-?-???-??? To : ??-?-???-??? Year: 2013

2009 2010 2011 2012 2013 2013Actual

AmountActual

AmountActual

AmountActual

AmountAmendedBudget

ActualAmountAccount Code Account Description

General Revenue Fund -SCRD

Revenues

Hillside Development Project

01-1-540-067 Water Leases -44,918 -46,269 -52,818 -53,168 -52,800 -54,922

01-1-540-068 Land Leases -17,850 -18,296 -18,296 -18,664 -29,250 0

01-1-540-138 Sale Of Assets - Land 0 0 0 0 -25,047 0

Total Revenues -62,768 -64,565 -71,114 -71,832 -107,097 -54,922

01-2-540-200 Administrative Services 10,624 13,115 8,738 11,730 12,423 8,282

01-2-540-214 Water Lease Agreement 23,927 25,704 26,409 26,584 23,500 0

01-2-540-220 Salaries & Wages 10,146 10,409 12,946 14,325 5,960 4,464

01-2-540-225 Benefits 2,083 2,112 2,828 3,179 1,311 1,049

01-2-540-227 Wcb - Hillside Development Project 158 164 287 235 103 84

01-2-540-246 St Interest 31,097 31,736 32,703 33,428 34,000 34,059

01-2-540-258 Commissions 0 0 0 0 0 17,475

01-2-540-284 Meeting Expense 144 136 0 0 250 157

01-2-540-293 Office Expenses 0 0 0 0 250 0

01-2-540-320 Travel 124 491 40 0 500 0

01-2-540-335 Advertising 2,036 0 225 0 4,500 0

01-2-540-355 Marketing 750 6,500 0 0 6,500 0

01-2-540-360 Audit Fees 697 1,695 1,429 1,445 800 1,467

01-2-540-381 Legal Fees 0 730 6,694 0 0 2,162

01-2-540-387 Other Prof Fees 0 2,000 2,500 0 15,000 8,503

01-2-540-409 Hydro 60 66 66 28 0 0

01-2-540-415 Landscaping/grounds Mtce 2,242 1,937 420 1,910 2,000 0

01-2-540-482 Trsf Other/balance -21,319 -32,230 -24,171 -21,032 0 0

Total Expenditures 62,769 64,565 71,114 71,832 107,097 77,702

Hillside Development Project Surplus/(Deficit) 1 0 0 0 0 22,780

Report Total --> 1 0 0 0 0 22,780

11

SUNSHINE COAST REGIONAL DISTRICTOct 01, 2013

Account Name

2013 Amended Budget

Budget Department Report

ID

Date:GL5290

Account Code

8:47 am

Description Burden %Status Quantity Rate

Time:

Amount

1Page:

01-1-540-067 Water Leases

534 2012 R3 A 1.00 -52800.00 0.0000 -52,800

Total Water Leases -52,800

01-1-540-068 Land Leases

533 Coastland B A 1.00 -18250.00 0.0000 -18,250

533 For 2013 Projects ( Res109/13 Rc#16) A 1.00 -11000.00 0.0000 -11,000

Total Land Leases -29,250

01-1-540-138 Sale Of Assets - Land

1240 Recovery A 1.00 -25047.00 0.0000 -25,047

Total Sale Of Assets - Land -25,047

01-2-540-200 Administrative Services

536 A 1.00 12423.00 0.0000 12,423

Total Administrative Services 12,423

01-2-540-214 Water Lease Agreement

3308 A 1.00 23500.00 0.0000 23,500

Total Water Lease Agreement 23,500

01-2-540-220 Salaries & Wages

538 GM Planning A 0.05 116984.00 0.0000 5,849

538 Exempt Cost of Living Adjustment A 5849.00 0.02 0.0000 111

Total Salaries & Wages 5,960

01-2-540-225 Benefits

907 Exempt A 5960.00 0.22 0.0000 1,311

Total Benefits 1,311

01-2-540-227 Wcb - Hillside Development Project

908 Exempt A 5960.00 0.02 0.0000 103

Total Wcb - Hillside Development Project 103

01-2-540-246 St Interest

2321 A 1.00 34000.00 0.0000 34,00012

SUNSHINE COAST REGIONAL DISTRICTOct 01, 2013

Account Name

2013 Amended Budget

Budget Department Report

ID

Date:GL5290

Account Code

8:47 am

Description Burden %Status Quantity Rate

Time:

Amount

2Page:

Total St Interest 34,000

01-2-540-284 Meeting Expense

2122 A 1.00 250.00 0.0000 250

Total Meeting Expense 250

01-2-540-293 Office Expenses

542 A 1.00 250.00 0.0000 250

Total Office Expenses 250

01-2-540-320 Travel

1495 Meetings as required A 1.00 500.00 0.0000 500

Total Travel 500

01-2-540-335 Advertising

910 Land and Other A 1.00 4500.00 0.0000 4,500

Total Advertising 4,500

01-2-540-355 Marketing

541 General Marketing A 2.00 3250.00 0.0000 6,500

Total Marketing 6,500

01-2-540-360 Audit Fees

2298 A 1.00 800.00 0.0000 800

Total Audit Fees 800

01-2-540-387 Other Prof Fees

537 Prelim Fish Habitat Assess (Res109-13 Rec16) A 1.00 4000.00 0.0000 4,000

537 Review & Update 2010 Hillside Compt Analysis( A 1.00 8000.00 0.0000 8,000Res109/13 Rec#16)

537 Modification Foreshore covenant (Res109/13 A 1.00 3000.00 0.0000 3,000Rec#16)

Total Other Prof Fees 15,000

01-2-540-415 Landscaping/grounds Mtce

539 Clean up and brushing A 1.00 2000.00 0.0000 2,000

Total Landscaping/grounds Mtce 2,00013