2025 Annual Report-final June 4

FINANCIAL STATEMENTS

Consolidated Financial Statements Notes to the Consolidated Financial Statements (continued)

12. D e b t ( cont ' d ) The gross amount of debt less sinking fund installments and actuarial adjustments to date are as follows:

M F A I ssue

By law N o .

P urpose

R ate

D ue

G ross D e b t

Cumulative P a y ments

2025 D e b t O utstanding

2024 D e b t O utstanding 5,616,148 2,149,845 151,320 963,048 443,509 4,311,343 3,170,122 6,340,243 7,698,867 1,811,498

93 6246 99 6246 121 6560 121 6559 121 6679 153 6558 153 7370 153 7371 153 7372 153 7374 153 7376

Downtown Civic Facilities Downtown Office Complex

5.70% 2027 $ 32,100,000 $ 28,304,025 $

3,795,975 $ 1,032,078 100,907 902,483 415,617 3,722,940 3,055,177 6,110,355 7,419,716 1,745,816 1,745,816

5.00% 2026 2.90% 2027 2.90% 2037 2.90% 2037 2.41% 2031 2.41% 2046 2.41% 2046 2.41% 2046 2.41% 2046 2.41% 2046

16,300,000 625,000 1,520,000 700,000 6,000,000 3,500,000 7,000,000 8,500,000 2,000,000 2,000,000

15,267,922

Animal Shelter

524,093 617,517 284,383

Cemetery Expansion Cemetery Expansion Leisure Ctr. Reno Synthetic Field Fire Hall #4

2,277,060

444,823 889,645 1,080,284 254,184 254,184

Albion Community Ctr. Hammond Community Ctr. MRSS Track Facility

1,811,498 $ 80,245,000 $ 50,198,120 $ 30,046,880 $ 34,467,441

The following debenture debt amounts plus projected Sinking Fund earnings are payable over the next five years and thereafter are as follows: Debt Payments 2026 $ 3,749,137 2027 3,254,597 2028 1,296,637 2029 1,296,637 2030 1,296,637 Thereafter 12,084,953 Actuarial earnings 7,068,282 $ 30,046,880 The City has the following authorized but unissued financing available as at December 31, 2025: L/A Bylaw L/A Amount #6560 $ 275,000 #6679 1,100,000 #7373 1,000,000 #7374 500,000 #7375 1,000,000 #7376 500,000 #7377 23,500,000 T otal $ 27,875,000

13. T angi b le Capital A ssets

N et b ook value 2025

2024

Land

$

325,520,444 $

323,804,789 81,432,093 239,260,633 233,476,004 25,750,989 6,950,807 150,884,868 156,867,675 45,922,091

Buildings

80,098,340 240,108,397 240,197,354 27,104,802 8,489,975 153,732,400 162,860,142 45,934,596

Transportation network Storm sewer system Fleet and equipment

Technology Water system

Sanitary sewer system

Other

$ 1,264,349,949 For additional information, see the Schedule of Tangible Capital Assets (Schedule 1) 1,284,046,450 $

City of Maple Ridge - 2025 Annual Report | 63