2023 Annual Report

Consolidated Report of Segmented Revenue and Expenses Consolidated Financial Statements

For the year ended December 31, 2023

Segment R e p o r t

Consolidated R e p o r t o f Segmented R e v en u e and Exp enses For the year ended December 31, 2023

Please note: This chart spans two pages.

Pr otecti v e Se rv ices

Tr ans p o r tation Se rv ices

R ec r eation and C u lt ur al

W ate r U tility

Se w e r U tility

Revenue

Tax revenue

$

-

$

-

$

-

$

139,226 $

1,008,490

Other revenues

6,435,297 1,276,384

659,070

3,774,283 23,037,798 17,189,303

Government transfers Development revenue

6,883,216 5,221,132

597,376

-

-

8,292

3,146,160

2,787,893

658,652

Interest and investment income

-

-

-

-

-

Gaming Revenues Asset disposal gain(loss) Contributed infrastructure

15,756

(956,243) 4,872,682

52,905

(215,890) 1,405,191

(171,642) 4,320,915

-

3,833,683

7,735,729 16,679,857 11,404,407 27,154,218 23,005,718

Total Revenue

Expenses

Operating: Goods and services

27,305,505 21,558,117

7,573,998 12,255,128 12,099,117

9,611,099 2,253,098

Labour

5,829,982 10,208,085

3,953,109

Debt Servicing

131,269

-

916,201

-

-

Sub total

48,994,891 13,403,980 23,379,414 16,052,226 11,864,197

Amortization

2,275,747 12,739,340

5,087,946

2,900,509

2,950,208

51,270,638 26,143,320 28,467,360 18,952,735 14,814,405

Total Expenses

$ (43,534,909) $

(9,463,463) $ (17,062,953) $

8,201,483 $

8,191,313

Excess (deficiency) of revenue over expenses

68 | City of Maple Ridge - 2023 Annual Report