2020 Annual Report

For the year ended December 31, 2020 Schedule of Change in Capital Funds Schedule of Change in Capital Funds For the year ended December 31, 2020 Actual

Schedule 2

Schedule 2

Budget

Actual 2019

2020

2020

Revenue Subdivision infrastructure contributions

$ 21,023,012 $ 20,000,000 $ 24,889,361

752,950 12,665,853 321,742 (3,195,925) 31,567,632 -

9,522,287 40,997,027 1,736,344

2,472,152 13,374,516 570,237 (2,403,416) (3,511,796) 35,391,054

Government transfers Development fees Other capital contributions

-

Disposal of land available for sale Disposal of tangible capital assets

-

Total Revenue

72,255,658

Expenses

23,641,391 23,641,391

22,622,738 22,622,738

21,268,133 21,268,133

Amortization Total Expenses

Annual Surplus

7,926,241

49,632,920

14,122,921

Internal Transfers

5,738,345 14,068,906

17,370,800 59,733,203

8,727,102 34,198,741

Transfers from revenue funds Transfers from reserves

Increase in capital funds

27,733,492

126,736,923

57,048,764

Capital funds - beginning of the year

1,072,349,752

1,072,349,752 1,015,300,988

Capital funds - end of the year (Note 14)

$ 1,100,083,244 $ 1,199,086,675 $ 1,072,349,752

City of Maple Ridge - 2020 Annual Report 61