2020 Annual Report

For the year ended December 31, 2020 Schedule 1 Schedule of Change in Operating Accumulated Surplus Schedule 1 Schedule of Cha ge in Operat g Accumulated Surplus For the year ended December 31, 2020

(Restated) Actual 2019

Actual 2020

Budget 2020

Revenue

$ 94,914,905 45,433,301 10,252,023 814,316 3,727,268 323,738 96,614 155,562,165

Taxes for municipal purposes User fees and other revenues Government transfers Development Revenue Interest and investment income

$ 94,680,030 $ 90,205,710

47,142,875 3,446,265 1,356,621 1,867,988 1,500,000

45,678,005 2,955,216 1,081,524 4,018,149 1,703,170 6,141,470 151,783,244 37,886,970 9,988,084 16,926,935 11,552,263 9,777,038 14,842,068 10,919,570 111,892,928

Gaming revenues

-

Refinancing and other gains

149,993,779

Expenses

38,567,159 10,686,101 16,500,093 12,667,213 10,162,621 15,790,669 6,520,155 110,894,011

43,510,973 13,980,777 22,071,087 14,740,619 12,329,795 18,146,198 7,304,274 132,083,723

Protective services Transportation services Recreation and cultural

Water utilities Sewer utilities

General government

Public and environmental health

44,668,154

17,910,056

39,890,316

Annual Surplus

Internal transfers

(5,738,345) (36,039,185)

Transfers to capital funds Transfers to reserves

(17,370,800) (5,313,949)

(8,727,102) (34,223,273)

2,890,624

Increase (decrease) in operating accumulated surplus

(4,774,693)

(3,060,059)

31,132,730

31,132,730

34,192,789

Operating accumulated surplus-beginning of year

$ 34,023,354

$ 26,358,037 $ 31,132,730

Operating accumulated surplus-end of year (Note 14)

60 City of Maple Ridge - 2020 Annual Report