2019 City of Maple Ridge Annual Report

Consolidated Statement of Financial Position

Consolidated Financial Statements

As at December 31, 2019

Consolidated Statement of Operations For the year ended December 31, 2019

Actual

Budget 2019 (Note 18)

Actual 2018

2019

Revenue (Segment Report, Note 21) Taxes for municipal purposes (Note 15) User fees and other revenue Government transfers (Note 16)

$ 90,205,710 $ 90,084,654 $ 85,645,660

45,678,005 44,172,582 5,427,368 15,256,425 15,026,277 50,015,589

42,266,363 4,862,137 15,787,623 4,581,311 1,781,613

Development revenue

Interest and investment income

5,636,251 1,703,170 (221,954)

2,247,988 1,500,000 1,500,000

Gaming revenues

Refinancing and asset disposal gains (losses) Contributed tangible capital assets (Note 12)

(1,470,673)

34,156,244 20,000,000 29,727,691 197,611,071 224,777,238 183,181,725

Expenses (Segment Report, Note 21) Protective services

39,230,587 42,909,582 20,748,185 23,899,352 19,176,835 22,485,994 13,952,992 16,056,086 12,427,643 14,020,250 16,477,245 18,475,279

37,458,755 19,445,582 18,754,440 13,787,153 11,688,964 15,252,598

Transportation services Recreation and cultural

Water utility Sewer utility

General government

Planning, public health and other

11,142,947 6,030,684 133,156,434 144,762,726 122,418,176 6,916,183

Annual Surplus

64,454,637 80,014,512

60,763,549

Accumulated Surplus - beginning of year

1,158,703,214 1,158,703,214 1,097,939,665

Accumulated Surplus - end of year (Note 14)

$ 1,223,157,851 $1,238,717,726 $1,158,703,214

The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.

40 City of Maple Ridge - 2019 Annual Report