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2004/2005 ANNUAL REPORT
16. Financial Activity

A summary of cash expenditure incurred by the Authority in 2004/2005 with comparison to 2003/2004 is as follows:

 

2003/2004

 

2003/2004

 
             
Salary & related expenses $

1,333,636

  $

1,099,483

 
Administrative expenses $

254,210

  $

268,473

 
Property operating expenses $

207,067

  $

125,502

 
             
   Total Expenditure $

$1,794,913

  $

1,493,458

 

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


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