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  • Create Date February 5, 2020
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This Service Plan and Budget for the next fiscal year ending on March 31, 2020 (“FY 2020”) describes the anticipated activities of the BCFC in order to meet its current mandate of regulating ferry operators, making certain special decisions, conducting performance reviews and carrying out public outreach and administrative responsibilities. Total expenditures for FY 2020 are budgeted at $892,250 which is 70% of the maximum permitted for the BCFC's budget under s.59(2) of Coastal Ferry Act 1. Activity is budgeted for three performance reviews and two
applications for approval of major capital expenditures. Activity is also budgeted for price cap setting for the next performance term (“PT5”) which starts on April 1, 2020.

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