Open Collections

Bakker, Nicola

This business report examines the financial aspects and management alternatives for the Katzie Community Forest (KCF) during a 5-year startup period. A spreadsheet model (Coastal Forest Products Model) was developed and used to calculate the predicted financial outcomes of the KCF. It encompasses timber harvesting, non-timber forest products (NTFPs), and ecosystem services. This report discusses the KCF financial report and explains the model used to help develop the report. The Katzie First Nation is located in the Lower Mainland with traditional territory extending from Northern Pitt Lake to White Rock and Richmond (Katzie 2002). A community forest agreement has been proposed on the Blue Mountain Area near Maple Ridge, BC. This will be the Katzie Community Forest. This will be managed for the following five values: 1. timber harvesting 2. education 3. First Nation garden 4. recreation 5. non-timber forest products (Friesen 2008). The Katzie Community Forest will also be managed to provide opportunities to the Katzie people and foster development in the community. A copy of the model is included with this report. The model calculates the production, revenues, and management costs of timber, mushrooms, berries, syrup, floral greens, recreation, and ecosystem services. The Katzie Community Forest’s primary focus will be the management of timber, recreational trails, and day-use areas. Other products, whose harvest are included in the analysis, are chanterelle mushrooms, raspberries and huckleberries, bigleaf maple syrup, and salal boughs. The net revenues after taxes for the first five years of KCF operation are shown in Table 1. The sum of these five years is $145,073.18. The first year is a net loss because of large infrastructure development and start up costs. This loss will likely be spread out over a greater period of time. Net revenues increase over time due to increasing timber prices and increasing non-timber forest product harvests. The following report includes detail of the forest products included in the model, calculations done, and results for the Katzie Community Forest. [See Table 1. 5 year net revenue after taxes for the Katzie Community Forest on page 2]

Graduating Project

eng

2010-11-19

Attribution-NonCommercial-NoDerivatives 4.0 International

http://hdl.handle.net/2429/30043

UBCV

Undergraduate

DSpace