2019 City of Maple Ridge 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........................... 40 Consolidated Statement of Operations...................................... 41 Consolidated Statement of Change in Net Financial Assets.... 42 Consolidated Statement of Cash Flow....................................... 43 Summary of Significant Accounting Policies.............................. 44 Notes to the Consolidated Financial Statements...................... 48 Consolidated Report of Segmented Revenue and Expenses... 58 Supporting Statements & Schedules (Included within the Consolidated Financial Statements) Schedule of Change in Operating Accumulated Surplus.......... 60 Schedule of Change in Capital Funds........................................ 61 Schedule of Change in Reserves................................................ 62 Continuity Schedule of Debenture Debt. ................................... 64 Schedule of Tangible Capital Assets.......................................... 66 Continuity Schedule of Reserves................................................ 68 Statistical Section General Comparative Statistics.................................................. 70 Permissive Tax Exemptions......................................................... 72 Major Property Tax Payers .......................................................... 74 Assessment/Taxation Comparative Statistics........................... 75 Property Assessments & Tax Rates............................................ 76 Revenue & Expenses – Last Five Fiscal Years Comparison......................................... 77 Tangible Capital Assets Acquired – Last Five Fiscal Years Comparison......................................... 78 Glossary. ...................................................................................... 80 Services & Contact Information.................................................. 82 Map............................................................................................... 83

City of Maple Ridge - 2019 Annual Report 5

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