Operating Budget > Revenue General Revenue
General revenue accounts for 10.3% of the City’s operating revenue.
The remainder of the City’s revenue is collected from smaller sources such as investment earnings from City-managed sources like the Ed-Tel Endowment Fund and from reserve transfers generated from the sale of land.
FACT: Since the establishment of the Ed-Tel Endowment Fund, created from the proceeds of the sale of Ed-Tel to TELUS in 1995, the Ed Tel endowment fund principal has grown from $465 million to more than $815 million, with more than $705 million paid dividends to fund capital projects.
For comprehensive information about the City’s use of investments, read our investment whitepaper (PDF).