Skip to main content

In This Volume

  • 6.6 (1) For the purposes of section 103(3) of the Act, the budget must contain the following information for the fiscal year to which the budget relates:
  • (a) the opening balance in the operating fund and the contingency reserve fund;
  • (b) the estimated income from all sources other than strata fees, itemized by source;
  • (c) the estimated expenditures out of the operating fund, itemized by category of expenditure;
  • (d) the total of all contributions to the operating fund;
  • (e) the total of all contributions to the contingency reserve fund;
  • (f) each strata lot’s monthly contribution to the operating fund;
  • (g) each strata lot’s monthly contribution to the contingency reserve fund;
  • (h) the estimated balance in the operating fund at the end of the fiscal year;
  • (i) the estimated balance in the contingency reserve fund at the end of the fiscal year.
  • (2) If contributions to the operating fund are calculated in accordance with section 6.4(1) or (2), 6.5(1), 11.2(1) or (2) or 11.3(1) of this regulation, those contributions must be identified separately in the budget.