Chart based on Norfolk County's Audited Financial Statements.
The downhill slide into the 'Have Not' County.
| 2008 | 2009 | 2010 | 2011 | 2012 | |
| Financial Assets | |||||
| Cash | $26,740,147 | $10,046,162 | $11,753,228 | $7,342,607 | $7,216,659 |
| Investments | $14,643,429 | $19,392,847 | $24,408,526 | $13,174,875 | $17,800,367 |
| Taxes Receivable | $10,393,740 | $13,019,156 | $12,258,061 | $13,197,313 | $12,489,630 |
| Accounts Receivable | $10,603,268 | $16,319,180 | $20,871,641 | $29,033,824 | $16,462,110 |
| Other financial assets | $161,169 | $143,482 | $12,809 | $11,001 | $11,134 |
| Investment in Norfolk Power | $26,009,000 | $27,936,088 | $29,411,945 | $31,218,289 | $32,455,952 |
| Total Assets | $88,550,753 | $86,856,915 | $98,716,210 | $93,977,909 | $86,435,852 |
| Liabilites | |||||
| Accounts payable and accrued liabilities | $14,076,196 | $15,370,990 | $20,154,834 | $21,087,128 | $15,517,252 |
| Employee benefits liability | $1,781,237 | $1,568,115 | $3,875,873 | $3,528,460 | $3,527,240 |
| Deferred revenue | $4,571,751 | $8,229,739 | $10,425,208 | $11,047,682 | $14,834,822 |
| Short Term financing | $1,608,219 | $1,493,319 | |||
| Solid wase landfill closure and post-closure liability | $15,974,592 | $15,534,831 | $14,861,630 | $15,240,037 | $16,321,408 |
| Long term liabilities | $30,991,619 | $28,726,882 | $49,378,023 | $45,724,447 | $41,616,895 |
| Total Liability | $69,003,614 | $70,923,876 | $98,695,568 | $96,627,754 | $91,817,617 |
| Net Financial Assets | $19,547,139 | $15,933,039 | $20,642 | $(2,649,845) | $(5,381,765) |
| Non-Financial Assets | |||||
| Tangible capital assets | $430,855,626 | $437,991,056 | $464,504,168 | $484,200,722 | $491,907,525 |
| Prepaid expenses | $199,010 | $205,284 | $177,587 | $415,117 | $273,356 |
| Inventory of supplies | $224,092 | $201,383 | $350,887 | $262,852 | $453,958 |
| Total Non-Financial Assets | $431,278,728 | $438,397,723 | $465,032,642 | $484,878,691 | $492,634,839 |
| Accumulated Surplus | $450,825,867 | $454,327,762 | $465,053,284 | $482,228,846 | $487,253,074 |
| Revenue | |||||
| Taxation | $58,655,506 | $61,575,069 | $63,500,882 | $65,918,384 | $67,631,093 |
| Federal Grants | $2,647,094 | $3,657,030 | $7,496,469 | $7,942,418 | $1,474,231 |
| Provincial Grants | $77,743,631 | $65,146,225 | $72,429,827 | $48,687,401 | $48,651,923 |
| Recoveries from other municipalities | $5,258,414 | $5,010,134 | $4,133,661 | $3,530,664 | $3,498,267 |
| User charges | $26,998,191 | $28,049,074 | $27,592,008 | $29,215,525 | $31,134,049 |
| Other Income | $7,494,308 | $9,310,209 | $9,397,376 | $14,420,063 | $8,978,452 |
| $178,797,144 | $172,747,741 | $184,550,223 | $169,714,455 | $161,368,015 | |
| Expenses | |||||
| General government | $9,691,316 | $10,376,519 | $12,190,185 | $11,951,613 | $11,413,360 |
| Protection Services | $15,780,342 | $17,136,514 | $17,773,377 | $19,171,934 | $19,541,582 |
| Transportation Services | $32,070,534 | $32,754,344 | $31,871,398 | $29,333,645 | $27,806,607 |
| Environmental services | $27,271,126 | $16,405,198 | $13,519,461 | $19,250,146 | $20,826,318 |
| Heath services | $13,483,333 | $14,479,412 | $14,765,229 | $15,038,136 | $15,911,349 |
| Social and family services | $57,109,394 | $57,829,178 | $62,901,270 | $35,110,466 | $36,493,947 |
| Social Housing | $4,664,100 | $4,453,050 | $5,001,436 | $5,507,627 | $7,028,167 |
| Recreation and cultural services | $11,742,510 | $12,327,747 | $11,960,400 | $12,757,519 | $13,256,316 |
| Planning and development | $2,541,107 | $3,483,884 | $3,841,945 | $4,417,807 | $4,066,141 |
| $174,353,762 | $169,245,846 | $173,824,701 | $152,538,893 | $156,343,787 | |
| Annual Surplus (deficit) | $4,443,379 | $3,501,895 | $10,725,522 | $17,175,562 | $5,024,228 |
| Accumulated surplus, beginning of year | $17,006,655 | $450,825,867 | $454,327,762 | $465,053,284 | $482,228,846 |
| Prior period adjustment | $429,375,833 | ||||
| Accumulated surplus, beginniing of the year | $446,382,488 | $450,825,867 | $454,327,762 | $465,053,284 | $482,228,846 |
| Accumulated surplus, end of year | $450,825,867 | $454,327,762 | $465,053,284 | $482,228,846 | $487,253,074 |
| Annual surplus | $4,443,379 | $3,501,895 | $10,725,522 | $17,175,562 | $5,024,228 |
| Acquisition of tangible capital assets | $(18,408,064) | $(26,198,490) | $(47,714,626) | $(38,513,867) | $(27,603,196) |
| Amortization of tangible capital assets | $16,675,141 | $17,181,261 | $17,810,258 | $18,297,566 | $19,341,496 |
| Loss on disposal of tangible capital assets | $18,075 | $1,835,241 | $3,190,308 | $350,426 | $423,399 |
| Proceeds from sale of tangible capital assets | $235,055 | $46,558 | $200,948 | $169,321 | $131,498 |
| $2,963,586 | $(3,633,535) | $(15,787,590) | $(2,520,992) | $(2,682,575) | |
| (Acquisition) disposition of prepaid expenses | $(3,329) | $(6,274) | $27,697 | $(237,530) | $(10,504) |
| (Acquisition) disposition of inventory of supplies | $(47,483) | $22,709 | $(149,504) | $88,035 | $(38,841) |
| $(50,812) | $16,435 | $(121,807) | $(149,495) | $(49,345) | |
| Net change in net financial assets | $2,912,774 | $(3,617,100) | $(15,909,397) | $(2,670,487) | $(2,731,920) |
| Net financial assets, beginning of year | $16,634,365 | $19,547,139 | $15,930,039 | $20,642 | $(2,649,845) |
| Net financial assets, end of year | $19,547,139 | $15,930,039 | $20,642 | $(2,649,845) | $(5,381,765) |
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