2025 Annual Report-final June 4

Table of Contents

Introductory Section .......................................... 5 Message from the Mayor...................................................6 Message from the Chief Administrative Officer.................7 City Council................................. .......................................8 Organizational Chart.........................................................9 City Snapshot..................................................................10 2025 Highlights................................................................12 Strategic Priorities...........................................................14 Volunteering and Community Involvement..................20 Summary of Services Provided.......................................21 Highlights: Regional and Intergovernmental Relationships..............................................................22 Council Committees, Commissions, and Appointments......................................................23 Report of the Integrity Commissioner............................24 Department Overviews.............................................25 Administration ................................................................26 Bylaw, Licensing, and Community Safety......................26 Communications and Public Engagement....................27 Corporate Strategy and Continuous Improvement.......27 Economic Development.................................................28 Engineering .....................................................................28 Engineering Operations..................................................29 Facilities, Parks, and Properties......................................29 Finance.................................................................30 Fire and Rescue Services.................................................30 Human Resources...........................................................31 Information Technology........ ..........................................31 Legislative Services.........................................................32 Planning and Building....................................................32 Ridge Meadows RCMP and Police Services.....................33 Recreation Services.........................................................33

Financial Section ............................................... 34 Development Cost Charges Report................................35 Message from the Chief Financial Officer.......................36 Message from the Deputy Director of Finance...............38 Audited Financial Statements...................................43 Introduction to Financial Statements...........................44 Management’s Responsibility for Financial Reporting...45 Independent Auditor’s Report........................................46 Consolidated Statement of Financial Position..............48 Consolidated Statement of Operations..........................49 Consolidated Statement of Remeasurement Gains and Losses............................50 Consolidated Statement of Change in Net Financial Assets....................................................51 Consolidated Statement of Cash Flow............................52 Summary of Significant Accounting Policies.................53 Notes to the Consolidated Financial Statements...........58 Consolidated Report of Segmented Revenue and Expenses..............................................................70 Schedule 1: Tangible Capital Assets...............................72 Schedule 2: Growing Communities Grant (Unaudited)...75 Statistical Section.....................................77 General Comparative Statistics......................................78 Permissive Tax Exemptions.............................................81 Major Property Tax Payers ..............................................83 Assessment and Taxation Comparative Statistics.........84 Property Tax Rates and Assessments.............................85 Revenue and Expenses....................................................86 Tangible Capital Assets Acquired....................................87 Glossary.............................................................88