



Financial Proposal			For Race Rocks Operation

The following operational budget provides details of projected minimum operational expenses at Race Rocks for the period April 1, 2001 to March 31, 2002. The budget is based on our four years of experience in funding the Race Rocks project and the highly efficient operational format we have established. Pearson College guarantees to cover any cost over runs if they should occur.

It is proposed that the Department of Fisheries and Oceans, BC Parks, and Pearson College each contribute $50,000 to cover the 2001-2002 operating budget.

Race Rocks MPA/ER
Operating Budget April 1, 2001 to March 31, 2002


Salaries
Eco-guardian(s)	42,000
Educator (1/2 time)	30,000
Shore-side support (1/3 time)	14,000
Benefits	9,460
	95,460

Fuel
Generator	11,000
Heating	1,400
Boat	1,750
Lube/oils	2,000
	16,150

Maintenance
Buildings	6,000
Generators	4,300
Water pumps	2,100
Desalinator	2,200
Winches	800
Boat and motor	4,700
Jetty	400
Fuel system	450
Radios	200
Diving equipment	2,500
	23,650

Administration Costs
Phone	600
Insurance	1,800
Stationery/printing	1,150
	3,550
Education Program
Classroom materials	4,500
Communication/outreach programs	2,500
First Nations' program	5,000
Internet access	2,000
	14,000

Total expenditures	$152,810

Pearson College is a registered charity and as such is subject to an annual audit. Our auditors KPMG will provide fully audited accounting details of all Race Rocks expenditures to the partner agencies. In addition the College will file an annual operating report with DFO.

FOR FURTHER INFORMATION CONTACT :

ANGUS MATTHEWS, Director of Special Projects, Lester B. Pearson College

Link to the Federal Proposal for Financial Support of the Race Rocks MPA

Link to the Provincial Proposal for Financial Support of the Race Rocks MPA

Lester B. Pearson College