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2005-2006 ANNUAL REPORT

15. Financial Activity

A summary of cash expenditure incurred by the Authority in 2005/2006 with comparison to 2004/2005 is as follows:

 

2005/2006

 

2004/2005

 
             
Salary & related expenses $

1,480,190

  $

1,333,636

 
Administrative expenses $

183,782

  $

254,210

 
Property operating expenses $

165,638

  $

207,067

 
             
   Total Expenditure $

$1,829,610

  $

1,794,913

 

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


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