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Niagara Regional Police Service - Quarter 2 Financial Update (2016)

  Year to Date Annual
Budget Actual Budget vs. Actual Variance Favourable/(Unfavourable) Budget Forecast Budget vs. Forecast Variance Favourable/(Unfavourable)
Expenses
Compensation $66,563,935 $68,024,208 $(1,460,273) (2.1%) $133,112,126 $134,412,126 $1,300,000 (1.0%)
Administrative 1,883,851 1,940,785 (56,934) (2.9%) 3,766,452 3,676,268 90,184 2.4%
Operational & Supply 1,071,472 997,990 73,481 7.4% 2,142,943 2,272,943 (130,000) (6.1%)
Occupancy & Infrastructure 286,742 246,732 40,010 16.2% 533,066 533,066 - 0.0%
Equipment, Vehicles, Technology 2,726,836 2,651,668 75,168 2.8% 5,452,171 5,252,171 200,000 3.7%
Financial Expenditures 2,000 (1,693) 3,692 (218.2%) 4,000 4,000 - 0.0%
Total Expenses 72,534,834 73,859,690 (1,324,856) (1.8%) 145,010,758 146,150,574 (1,139,816) (0.8%)
Revenues
Federal & Provincial Grants 4,012,183) (4,012,183) - 0.0% (8,024,366) (8,024,366) - 0.0%
By-Law Charges & Sales (3,387,740) 4,359,239 971,499 (22.3%) (6,775,480) (7,905,480) 1,130,000 (16.7%)
Other Revenues (721,845) (869,289) 147,444 (17.0%) (1,443,690) (1,493,690) 50,000 (3.5%)
Total Revenues 8,121,768 (9,240,710) 1,118,942 12.1% (16,243,536) (17,423,536) 1,180,000 (7.3%)
Intercompany Charges
Intercompany Charges (597,315) (564,312) (33,003) 5.8% (1,173,061) (1,140,058) (33,003) 2.8%
Total Intercompany Charges (597,315) (564,312) (33,003) 5.8% (1,173,061) (1,140,058) (33,003) 2.8%
Net Expenditure (Revenue) Before Transfers & Indirect Allocations 63,815,752 64,054,668 (238,916) (0.4%) 127,594,161 127,586,980 7,181 0.0%
Transfers
Transfers from Funds (400,000) (392,819) (7,181) 1.8% (400,000) (392,819) (7,181) 1.8%
Transfers to Funds 7,175,508 7,175,508 - 0.0% 7,175,508 7,175,508 - 0.0%
Total Transfers 6,775,508 6,782,689 (7,181) (0.1%) 6,775,508 6,782,689 (7,181) (0.1%)
Indirect Allocations & Debt
Indirect Allocations 2,675,170 2,245,489 429,681 19.1% 5,374,393 5,678,208 (303,814) (5.7%)
Capital Financing Allocation 803,469 804,868 (1,399) (0.2%) 4,269,757 4,270,154 (397) (0.0%)
Total Indirect Allocations & Debt 3,478,639 3,050,357 428,282 14.0% 9,644,151 9,948,362 (304,211) (3.2%)
Net Expenditure (Revenue) After Transfers & Indirect Allocation $74,069,899 $73,887,714 $182,185 0.2% $144,013,820 $144,318,031 $(304,211) (0.2%)

Variance Analysis

Niagara Regional Police Services (NRPS) is forecasting to meet budget at year-end; risks to this forecast include further facility transition delays and unknown collective bargaining results.

As of June 30, 2016, the overall net expenditure position was $0.2 million over the approved budget; explanations of this variance are as follows:

Compensation

The unfavourable year-to-date and forecasted variances of $1,460,273 and $1,300,000 are mainly a result of an increased demand for Special Duty services ($767,507), cost of back filing operationally essential civilian positions ($366,820) and benefit costs including WSIB premiums, ($745,906). This is offset by lower than budgeted uniform salaries due to delays in recruitment for vacant positions and timing of promotions ($345,992). The salary deficit resulting from Special Duty is offset by an increase to Special Duty revenue.

The impact of the delay in the move to the new headquarters should be fully reflected in the next quarter end actuals. At this time the Service expects to be able to absorb the impact of a two month delay.

Equipment, Vehicles, Technology

The favourable year-to date variance of $75,168 is primarily a result of lower than budgeted fuel prices. This trend is expected to continue, resulting in a favourable forecasted variance of $200,000.

Gross Revenues

The favourable year-to-date and forecasted variances of $1,118,942 and $1,180,000 are mainly due to the increase in the demand for Special Duty services and an increase to other revenue for recoverable services.

Community Impacts & Achievements

Full details are available in the Service Report to the Police Service Board (PSB) Finance Committee received September 8, 2016.

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