2020 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 Citizen Satisfaction Survey................................................................................14 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.........................59 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 BC Safe Restart Grant.......................................................................................70 Statistical Section General Comparative Statistics........................................................................72 Permissive Tax Exemptions...............................................................................74 Major Property Tax Payers ................................................................................76 Assessment/Taxation Comparative Statistics.................................................77 Property Assessments & Rates and Total Taxes Levied.................................78 Revenue & Expenses – Last Five Fiscal Years Comparison..............................................................79 Tangible Capital Assets Acquired – Last Five Fiscal Years Comparison..............................................................80 Glossary. ............................................................................................................81 City of Maple Ridge Location............................................................................83

City of Maple Ridge - 2020 Annual Report 5