CAnFR 2017 Full Report

Consolidated Financial Statements

Schedule 3

Schedule of Change in Reserves For the year ended December 31, 2017

Actual 2017

Budget 2017

Actual 2016

Revenue and Transfers Revenue

Interest and investment income

$

848,667 $

575,000 $

760,704

Add (less) Internal transfers

Transfers from revenue funds

22,179,779

2,924,522

16,867,657

Transfers to capital funds

(10,013,587)

(46,849,285)

(10,019,157)

Increase (decrease) in Reserved Accumulated Surplus

13,014,859

(43,349,763)

7,609,204

Reserved Accumulated Surplus Beginning of the Year

84,640,734

84,640,734

77,031,531

Reserved Accumulated Surplus End of Year (Note 14)

$ 97,655,593 $ 41,290,971 $ 84,640,734

City of Maple Ridge - 2017 Annual Report Page 60