1999/2000 ANNUAL REPORT
18. Financial Activity

A summary of cash expenditure incurred by the RMA in 1999/2000 with comparison to 1998/99 is as follows:

	1999/00	1998/99

Salary & related expenses	$904,999	$907,714
Administrative expenses	$291,330	$252,648
Property operating expenses	$95,407	$80,844

Total Expenditure	$1,291,736	$1,241,206

The increase in property operating expenses reflects a full year’s rental at market rates without any building owner’s incentives.

Financial information prepared on an accrual basis is included in the Department of Veterans’ Affairs Financial Statements.

This page last updated 13 October 2000.