2007 Financial Summary
Revenues
|
2007 Revenues: |
$564 Million
|
|
| Rent and associated revenue |
292,914,977
|
52.0%
|
| Federal and GTA pooling |
133,812,707
|
24.0%
|
| City of Toronto operating subsidies |
137,526,046
|
24.0%
|
|
564,253,730
|
100%
|
Expenditures
| 2007 Operating Expenditures: |
$564 Million
|
|
| Municipal Taxes |
101,813,162
|
19.6%
|
| Utilities |
106,764,519
|
18.9%
|
| Debt payments |
92,572,930
|
17.5%
|
| Building operations and maintenance |
82,743,649
|
14.7%
|
| Capital plan funded by operating cashflow |
77,577,186
|
13.7%
|
| Tenancy management |
24,218,182
|
4.3%
|
| Corporate services |
18,728,278
|
3.3%
|
| Net reserve contribution |
18,032,948
|
3.2%
|
| Community support and community safety |
17,495,180
|
3.1%
|
| Other operating costs |
8,874,994
|
1.7%
|
|
557,821,073
|
100%
|
| 2007 Capital Expenditures: |
$138 Million
|
|
| Capital plan funded by operating cashflow |
77,577,186
|
56.3%
|
| Building Renewal Program (debt) |
28,000,000
|
20.3%
|
| Capital Repair financing (debt) |
32,191,500
|
23.4%
|
| 2007 Revitalization Expenditures: |
$56,736,000
|
|