- Version
- Download 0
- File Size 71 KB
- File Count 1
- Create Date February 5, 2014
- Last Updated February 5, 2021
This Service Plan and Budget for the next fiscal year ending on March 31, 2014 describes the expected activities of the Commission in order to meet its mandate of regulating ferry fares and service levels, making certain special decisions, and carrying out public outreach and administrative responsibilities. The Service Plan and the Budget includes new responsibilities resulting from amendments to the Act which came into force by Regulation on June 25, 2012. New responsibilities include approving major capital expenditures, conducting performance audits and overseeing efficiency and productivity improvements of the ferry system during the current performance term. Total expenditures for 2013/14 are budgeted at $667,013 which is 73% of the maximum permitted for the Commission's expenditure budget under s.59(2) of Coastal Ferry Act1. The budget for 2013/14 reflects a year of no activity associated with a price cap review for the next performance term. This is offset by higher levels of activity for two performance reviews and approval of major capital expenditures. Also assumed is ongoing regulation of unfair competitive advantage and monitoring Alternative Service Provider opportunities and BC Ferries’ customer complaint process.
Download