- May 22, 1975.
MEMO

’

LETSURE ACTIVITIES COMMITTEE
JANNA TAYLOR, RECREAT TON DIRECTOR

“PROPOSAL FOR POLICY OF SUBSTDIZATION FOR PARKS AND RECREATION

/ Philosophical Basis For Fees And liser Charges

Does a Lange, ra
Service to. the citizens?
"bigness" and rapid growth

er that the percentage
enefsone reducing the burden of an increased.

The following presentation will indicate the overall parks and
Aecneation subsidy that Port Coquitlam has experienced since 1970. The
figures have bean obtained jnom the yearly financial statement.

OVERALL PARKS AND RECREATION SUBSTDY

1970 1977. 1972 1973
Expenditures $256, 000 $307, 000 $457,000 $585, 000
Revenue: ' + 74,000 97,000 105,000 130, 000
% Subsidy . 71% «68% 775 783

1974 1975 Estimate 1975 Provosal
' Expenditures $799, 000 $1,246, 000 $T, 246, 000
- Revenue 123,000 236,000 311,000
$ Subsidy 7 B58 81% 753

It 48 proposed that we adopt a policy of overall subsidization an
Parks and Recreation of 75%. However, within the overake subsidy there
ane certain areas which will be subsidized edthern Lower on higher than 75%,
The following are the three main areas to be Locked at:

L.A.
Tren DL