2018 Annual Report

Table of Contents Introductory Section

Message from the Mayor.................................................................................... 6 Message from the CAO........................................................................................ 7 Elected & Appointed Officials.............................................................................. 8 Strategic Direction & Progress Report............................................................... 9 Council Committees, Commissions and Other Appointments........................15 Services Provided by City Departments...........................................................16 Awards................................................................................................................24 Summary of Services and Regional Relationships.........................................25 Development Cost Charges Report..................................................................27 Financial Section Message from the Chief Financial Officer........................................................28 Message from the Corporate Controller...........................................................31 Introduction to Financial Statements...............................................................35 Consolidated Statements Management’s Responsibility for Financial Reporting...................................36 Independent Auditors’ Report. .........................................................................37 Consolidated Statement of Financial Position. ...............................................39 Consolidated Statement of Operations............................................................40 Consolidated Statement of Change in Net Financial Assets..........................41 Consolidated Statement of Cash Flow.............................................................42 Summary of Significant Accounting Policies....................................................43 Notes to the Consolidated Financial Statements............................................47 Consolidated Report of Segmented Revenue and Expenses.........................56 Supporting Statements & Schedules (Included within the Consolidated Financial Statements) Schedule of Change in Operating Accumulated Surplus................................58 Schedule of Change in Capital Funds..............................................................59 Schedule of Change in Reserves......................................................................60 Continuity Schedule of Debenture Debt..........................................................62 Schedule of Tangible Capital Assets................................................................64 Continuity Schedule of Reserves......................................................................66 Statistical Section General Comparative Statistics........................................................................68 Permissive Tax Exemptions...............................................................................70 Major Property Tax Payers ................................................................................72 Assessment/Taxation Comparative Statistics.................................................73 Property Assessments & Tax Rates.................................................................. 74 Revenue & Expenses –Last Five Fiscal Years Comparison............................75 Tangible Capital Assets Acquired – Last Five Fiscal Years Comparison........76 Glossary. ............................................................................................................77 Map........................................................................................... Inside Back Cover

City of Maple Ridge - 2018 Annual Report 5