2008 Financial data for London

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Click to download Annual reports:  London_AR_2008.pdf 

Financial Position

Total (000's) $ Per H/H % Province Avg.
Capital assets n/a
Financial assets total 715,813 4,426 91.2%
Holdings in council controlled operations 218,727 1,352 85.7%
Financial assets other n/a
Long term debt 7,680 47 3.6%
Employee future benefit liability n/a
Financial liabilities total 734,358 4,541 125.3%
Financial Assets - Financial Liabilities -18,545 -115 -8.5%

Revenue

Total (000's) $ Per H/H % Province Avg.
Developer contributions 10,041 62 29.9%
Investment income 15,021 93 65.0%
Other 45,764 283 56.1%
Net taxes n/a
Total Grants from other Governments 240,749 1,489 164.6%
Federal grants n/a
Provincial grants n/a
Remitted to second tier local government n/a
User charges 193,789 1,198 123.6%
Total revenue 948,291 5,863 125.7%

Expenditure

Total (000's) $ Per H/H % Province Avg.
Civic corporations n/a
Grants n/a
Other 3,112 19 98.4%
Recreation and culture 57,011 353 70.3%
Total social services 246,249 1,523 159.8%
Health services 19,448 120 89.5%
Social and family services 187,809 1,161 153.1%
Social housing 38,992 241 77.2%
Miscellaneous social program related expenditure n/a
General government total 61,090 378 119.5%
Democracy costs n/a
General government n/a
Total non core expenditure n/a
Environmental services 74,547 461 115.9%
Planning and development 16,717 103 92.0%
Public works n/a
Utility operations n/a
Solid-waste disposal n/a
Public safety total 142,876 883 123.3%
Fire n/a
Police n/a
Miscellaneous public safety related items n/a
Transit n/a
Transportation n/a
Total of transportation related items 99,191 613 104.5%
Depreciation
Total core expenditure n/a
Total expenditure 700,793 4,333 124.1%

Expenditures by Object

Total (000's) $ Per H/H % Province Avg.
Grants 166,978 1,032 193.6%
Interest expense 11,987 74 90.2%
Other n/a
Salaries and benefits 326,914 2,021 110.0%
Goods and services total n/a
Contracted services 83,010 513 70.3%
Goods 108,882 673 101.1%
Miscellaneous Goods and Services Related Items n/a
Depreciation
Total expenditure by object 697,771 4,314 110.7%