2021 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 Tangible Capital Assets................................................................60 BC Safe Restart Grant.......................................................................................62 Statistical Section General Comparative Statistics........................................................................64 Permissive Tax Exemptions...............................................................................66 Major Property Tax Payers ................................................................................68 Assessment/Taxation Comparative Statistics.................................................69 Property Assessments & Rates and Total Taxes Levied. ................................70 Revenue & Expenses – Last Five Fiscal Years Comparison..............................................................71 Tangible Capital Assets Acquired – Last Five Fiscal Years Comparison..............................................................72 Glossary. ............................................................................................................73 Map & Location..................................................................................................75

City of Maple Ridge - 2021 Annual Report 5