OPEI Canada Board Book 0625

OPEIC April 2025

April 30

YTD

2025 Yr Budget

2025 Actuals

2025 Budget

2024 Actuals

2025 Actuals

2025 Budget

2024 Actuals

Budget Variance

Historic Variance

Description

REVENUE 1. Hand-Held OPE 2. Walk-Behind OPE 3. Free-Standing OPE 4. Lawn Tractors

$ 371,944 $

23,158 $

22,353 $

23,424 $

60,670 $

65,966 $

62,986 (8.0%) 65,696 (13.6%) 43,970 (17.4%) 173,404 (12.4%) 20,329 (11.7%) 752 0.8%

(3.7%) (10.2%) (16.1%)

370,920 176,283 926,699 72,105 7,552

26,600 19,139 69,521 12,673 624

27,228 26,285 76,285 13,000 419

27,856 26,055 77,735 5,060 400

58,984 36,909

68,247 44,701

816

810

8.5%

Total

157,379 19,422

179,723 22,000

(9.2%) (4.5%)

Miscellaneous Revenue

EXPENSES Collection Collection-OPEIC/EPRA Co-collection

400,000

14,827

50,683

50,168

32,810

98,665

97,663 (66.7%)

(66.4%)

Collection Events (EPRA) Collection Activities (OPEIC)

4,000 1,500

Total Collection

405,500

14,827

50,683

50,168

32,810

98,665

97,663 (66.7%)

(66.4%)

Communications Print Material Website Hosting

300

5,000

510

417

626

2,040 3,369 22,855

1,667 4,000 10,000

1,533 22.4% 33.0%

Advertising/Bought Media

220,000 31,000 10,000

3,369

4,000

38,905

45,887 (15.8%)

(92.7%)

RCBC

11,428 128.6% 100.0%

Conferences

408

500

408

500

(18.4%)

TurfMutt

4,779

(100.0%)

Total Communications

266,300

4,287

4,917

39,531

28,672

16,167

63,627 77.4% (54.9%)

Program Admin Bank & FX Charges

47,690 270,209 110,000

3,372 22,517 7,963

3,500 22,517 8,000

2,570 21,862 5,688

12,311 90,070 27,042 2,251 2,391

12,600 90,070 27,500 3,000 2,391

11,590 (2.3%) 87,446 (0.0%) 25,954 (1.7%) 2,785 (25.0%) 2,391 (0.0%)

6.2% 3.0% 4.2%

PCA Program Management

OPEI Administration

IS/IT Support Depreciation

9,092 7,174 5,000

700 598

750 598

662 598

(19.2%)

0.0%

Legal/Regulatory

Bad Debt Misc. Costs

1,000

Total Program Admin

450,166

35,151

35,365

31,379

134,066

135,561

130,166 (1.1%)

3.0%

Auditing

45,026 8,000 13,000 2,189

Waste Composition Audits Miscellaneous Studies

Insurance

178

182

174

712

730

698

(2.5%)

2.0%

Total Expenses

1,190,181

54,443

91,147

121,253

196,260

251,123

292,154 (21.8%)

(32.8%)

Net Surplus/(Deficit)

$ (191,377) $

27,751

$

(1,863)

$ (38,457) $ (19,459) $ (49,400) $ (98,422) (60.6%)

(80.2%)

(67.3%)

Surplus/(Deficit) from Operations (Excluding Misc. Rev)

$ (263,482) $

15,078 $ (14,863) $ (43,518) $ (38,881) $ (71,400) $ (118,751) (45.5%)

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