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- Create Date February 5, 2019
- Last Updated February 5, 2021
This Service Plan and Budget for the next fiscal year ending on March 31, 2019 (“FY 2019”) describes the anticipated activities of the Commission in order to meet its mandate of regulating ferry operators, making certain special decisions, conducting performance reviews and carrying out public outreach and administrative responsibilities. Total expenditures for FY 2019 are budgeted at $872,250 which is 72% of the maximum permitted for the Commission's budget under s.59(2) of Coastal Ferry Act 1. Activity is budgeted for three performance reviews and three applications for approval of major capital expenditures. Activity is also budgeted for price cap setting for the next performance term (“PT5”) as this process starts on September 30, 2018 with the mandatory filing by British Columbia Ferry Services Inc. (“BC Ferries”) of its submission for PT5.