Page 10 - 2014 Windsor Essex CHC Annual Report
P. 10
FINANCIAL
HIGHLIGHTS
Windsor Essex CHC Revenues
Total $38.1 million
Including :
$18.9 million in Rental Revenues
$13.2 million in Service Manager
Operating Subsidies
$3.6 million in Capital Subsidies
$970K in Other Revenues, such as:
solar, rooftop antenna rentals,
parking and laundry
CHC operates within the parameters of
the Housing Services Act (HSA)
established by the Province of Ontario. Policies set through Housing Services Act (HSA) established by the
CHC’s primary source of revenue is
derived from tenant rents representing province, directly affect and restrict CHC revenue.
50% of our annual revenue.
Windsor Essex CHC
Expenditures
Total $38.0 million
Including :
$7.9 million in Utilities
$6.8 million in Municipal Property
Taxes
$5.6 million in Salaries, Benefits and
Wages (included in Social Housing
Management)
About 59% of CHC’s expenses are
considered to be not directly controllable
by the corporation. These expenses
include: utilities, municipal property
taxes, amortization and insurance.
10
HIGHLIGHTS
Windsor Essex CHC Revenues
Total $38.1 million
Including :
$18.9 million in Rental Revenues
$13.2 million in Service Manager
Operating Subsidies
$3.6 million in Capital Subsidies
$970K in Other Revenues, such as:
solar, rooftop antenna rentals,
parking and laundry
CHC operates within the parameters of
the Housing Services Act (HSA)
established by the Province of Ontario. Policies set through Housing Services Act (HSA) established by the
CHC’s primary source of revenue is
derived from tenant rents representing province, directly affect and restrict CHC revenue.
50% of our annual revenue.
Windsor Essex CHC
Expenditures
Total $38.0 million
Including :
$7.9 million in Utilities
$6.8 million in Municipal Property
Taxes
$5.6 million in Salaries, Benefits and
Wages (included in Social Housing
Management)
About 59% of CHC’s expenses are
considered to be not directly controllable
by the corporation. These expenses
include: utilities, municipal property
taxes, amortization and insurance.
10
