FINANCE
The Finance Department maintains the financial health of Cultus Lake Park. The Department is responsible for the following:
- Budget preparation and analysis
- Legislated reporting
- Asset accounting
- Accounts payable and receivable
- Quarterly reports and statements of financial information
- Leaseholder tax calculation and collection (residential and commercial)
- Revenue collection (Sunnyside Campground, parking, residential leases, commercial leases, administrative fees)
2025 – 2029 Five-Year Financial Plan Bylaw No. 1244, 2024
Budget Changes – 2025-2029 CLP Financial Plan
Schedule of Reserves – 2025-2029
2023-12-31 Cultus Lake Park Board FS-IAR
SOFI – Statement of Financial Information -2023 – SIGNED
Cultus Lake Park Board Budget Presentation – Nov 15, 2023
Budget Highlights – 2024
Schedule A – 2024 Financial Plan Summary
Schedule B – 2024-2028 5 Year Summary
Statement of Financial Information – 2021 (Signed Copy)
2021-12-31 Cultus Lake Park Board FS-AR – FINAL
2022-12-31 Cultus Lake Park Board FS-IAR
SOFI – Statement of FI – 2022 Signed – FINAL
Cultus Lake Park Asset Management Plan – 2024: 2024-10-03-Asset Management Plan
2024-10-03- Asset Management Plan Executive Summary
10.16.2024 Asset Management Program Staff Report
Questions regarding sewer parcel tax on residents’ property tax? Please see the information below.
North Cultus Sewer – 2023 Increase
At the Cultus Lake Park Board Townhall Meeting on January 31, 2024, the Board discussed the recent comparison conducted by staff regarding residential property tax, fees and charges borne by Cultus Lake Park residents in comparison to residents in Area H and comparable municipalities. This information was originally presented by staff at the September 13, 2023, Regular Board Meeting and can be viewed by clicking the links below:
https://www.cultuslake.bc.ca/wp-content/uploads/2024/02/Addendum-1-Area-H-vs.-CLPB.pdf
https://www.cultuslake.bc.ca/wp-content/uploads/2024/02/Addendum-2-Municipalities-vs-CLPB.pdf
CAPITAL PROJECTS
A capital project is an initiative that helps maintain or improve a park asset, most often in the area of infrastructure. It can include construction, expansion, renovation or replacement projects that are required for the community to run effectively, efficiently, safely and/or to protect the environment.
The current Cultus Lake Park budget includes several capital projects that are underway or will be undertaken. To see current capital projects planned or underway at Cultus Lake Park, please click on the documents above.
If you have questions or concerns regarding Cultus Lake Park matters related to finance, please contact the Chief Financial Officer, Erica Lee at: [email protected] or (604) 847-2047.