2018-2022 Financial Plan

MESSAGE FROM THE CHIEF ADMINISTRATIVE OFFICER

I am proud to present the City of Maple Ridge’s 2018- 2022 Financial Plan. This represents the work of a talented team of employees across our entire organization dedicated to transforming our Council’s vision into action. This is the blueprint by which

financial planning ensures we have the financial capacity to maintain and enhance our existing facilities. A combination of funding sources will see this facility reimagined to serve another generation of citizens. In 2017 we broke ground on the new ‘Karina LeBlanc Field at Merkley Park,’ a project that is being co-funded by the Federal Government as part of the Canada 150 program. Again, this highlights the importance of long term planning. By creating long term capital plans, our staff are able to seek financial partnerships with senior government and the private sector. This allows us to do more with local tax dollars and better serve our fast growing community. This plan is developed with great rigour across the organization. We evaluate how we are doing things and explore whether we can do things differently and more efficiently. There is no ‘status quo’ when we develop our plan. Because 70% of our staff live in the community and pay taxes, there is a strong incentive to ensure we are delivering services efficiently and effectively. We are citizens of the community we serve, and we bring a critical eye to every aspect of our service delivery. I encourage you to review this document and explore, in detail, the short term and long term plan for the City of Maple Ridge. I would like to thank our Council for their vision and keen eye as they review the financial plan each year. Their insight, questions and vigil ensure our community has a strong financial foundation for today and well into the future.

we approach our day-to-day operation of the City and it guides us as we make decisions that will have implications into the future. In the last census we saw both the Canadian and British Columbia population growth rates average approximately 5% whereas Maple Ridge grew by 8.2% between 2011 and 2016. Based on the number of development applications and the volume of new housing construction we expect the local growth rate to continue to exceed provincial and national averages. Growth in Maple Ridge is driven by a combination of housing affordability and the incredible natural setting and lifestyle that our community offers. The challenge is for us to ensure that the infrastructure that citizens expect, parks, sports fields, trails and community gathering spaces, continues to develop at a pace that supports the population growth and respects affordability and sustainability for citizens. One of the most exciting aspects of this financial plan is that we have built the capacity for the single largest investment in recreation facilities in over a quarter century. As the year ended, the City prepared to seek the approval of the community to invest in a series of projects ranging from a refresh of existing facilities in neighbourhoods that are experiencing ‘in-fill’ development and densification to new parks and community gathering spaces in emerging neighbourhoods where the pace of growth is highest. As this publication goes to press we are embarking on a retrofit of the Maple Ridge Leisure Centre, a facility that opened its doors in 1980 and now boasts over a quarter million customer visits per year. This project is an example of how long-range

Please contact me if you have any questions about our 2018-2022 Financial Plan.

Paul Gill, BBA, CPA, CGA Chief Administrative Officer

pgill@mapleridge.ca Tel: 604-467-7398

Maple Ridge  Financial Plan 2018-2022

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