Data visualization tools for municipalities

Municipal Financial Data Dashboard

This dashboard displays data on various financial metrics for individual municipalities in Canada.

The financial information presented is for municipalities and entities that were consolidated on a modified equity basis in the financial statements of the municipalities, where applicable. For more information, see table 10-10-0169-01.

The Canadian Government Finance Statistics (CGFS) are useful in helping understand the management of government finances and the effectiveness of policy decisions. This framework allows users to analyse government expenditures under two classifications: the Economic Classification of Expenses and the Canadian Classification of Functions of Government (CCOFOG). See Definitions, data sources and methods used for more details.

Financial data are presented on total dollar and per capita bases. Per capita values calculated by dividing the financial variables by the population in a given census subdivision which allows for comparability between cities. The population estimates are based on CANSIM table 17-10-0142-01 Population estimates, July 1, by census subdivision, 2016 boundaries. Hence a city or municipality under the municipal jurisdictions is taken to mean a Census Subdivision (CSD). For more details on the source and definitions for the population estimates, see the Statistics Canada, Annual Demographic Estimates: Subprovincial Areas.

Values for the City of Montreal include Quota Shares, which are payment from surrounding municipalities to the City of Montreal for expenditures relating to agglomeration responsibilities. This may cause the per capita calculations to not truly represent the expense per citizen due to those services also being provided to the surrounding municipalities. For further details on Quota Shares and agglomeration responsibilities please refer to the financial statements of the city of Montreal.

Definitions

Revenue and Expenses by CGFS

The GFS 2001 is an internationally accepted accrual accounting framework for GFS. Statistics Canada has adopted this framework as the Canadian Government Finance Statistics (CGFS). Under the CGFS, revenue items result in increase in net worth while expenses decrease net worth when transactions as made. Net Operating Balance is revenue minus expense. Definition Source: IMF Government Finance Statistics Manual 2014.

Assets and Liabilities by CGFS

Within the GFS framework, assets refer to economic assets and are of two main types, financial and non-financial. Liabilities are the opposite end of financial assets. Net worth is stock position in assets minus stock position in liabilities at the end of the reference period. Definition Source: IMF Government Finance Statistics Manual 2014.

Spending by CCOFOG

The Canadian classification of the functions of government (CCOFOG) breaks down government expenditures according to their broad purpose. The CCOFOG expenses data presented also exclude expenses related to the acquisitions of non-financial assets and consumption of fixed capital. Defense [702] is not included as it is outside the jurisdiction of Municipalities.

Own source of Revenues (x 1,000)

Calculated by subtracting Grants revenues from Total revenues. This gives the total revenues that come from non-grant sources, presented in thousands of dollars.

Own source of Revenues to Total Revenues Ratio

Calculated by dividing the Own source of Revenues indicator by Total revenues.

Own source of Revenues to Total Expenses Ratio

Calculated by dividing the Own source of Revenue indicator by Total expenses.

Own source of Revenues to Interest expense Ratio

Calculated by dividing Own source of Revenues indicator by Interest expenses.

Debt outstanding per Own source of Revenues

Calculated by dividing Loans and debt securities by the Own source of Revenues indicator.

Own source of Revenues available (needed) to pay for future transactions

Calculated by taking the difference between Financial assets and Liabilities, and dividing by the Own source of Revenues indicator.

Cash-to-expense Ratio

Calculated by dividing Currency and deposits by Total expenses.

Asset Turnover Ratio

Calculated by dividing the Own source of Revenue indicator by Nonfinancial assets.

Remaining useful life of Capital Assets (years)

Calculated by dividing Nonfinancial assets by Consumption of fixed capital expense.

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