HomeMy WebLinkAboutStatement of Financial Information 2012
DISTRICT OF MAPLE RIDGE
2012
STATEMENT OF FINANCIAL INFORMATION
Financial Information Act
Financial Information Regulation (FIR), Schedule 1
Statement of Financial Information (SOFI)
Index to FIR Schedule 1 and the Checklist
Page 1: Corporation Information
Ministry Information
General: Section One
1(1)(a) Statement of assets and liabilities
1(1)(b) Operational statement
1(1)(c) Schedule of debts
1(1)(d) Schedule of guarantee and indemnity agreements
1(1)(e) Schedule of employee remuneration and expenses
1(1)(f) Schedule of suppliers of goods and services
1(2) [Explanatory information for reference]
1(3) Statements prepared on a consolidated basis or for each fund
1(4) & (5) Notes to the statements and schedules in section 1(1)
Page 2: Statement of Assets & Liabilities: Section Two
2 Balance sheet
Changes in equity and surplus or deficit
Operational Statement: Section Three
3(1) Statement of Income / Statement of Revenue and Expenditures
Statement of Changes in Financial Position
3(2) & (3) Omission of Statement of Changes in Financial Position, with explanation
3(4) Requirement for community colleges, school districts and municipalities
Statement of Debts: Section Four
4(1)(a) & 4(2) List and detail the schedule of long-term debts
4(1)(b) Identify debts covered by sinking funds / reserves
4(3) & (4) Omission of schedule, with explanation
Page 3: Schedule of Guarantee and Indemnity Agreements: Section Five
5(1) List agreements under the Guarantees and Indemnities Regulation
5(2) State the entities and amounts involved
5(3) & (4) Omission of schedule, with explanation
Page 3 & 4: Schedule of Remuneration and Expenses: Section Six
6(1) [Definitions for reference]
6(2)(a) List remuneration / expenses for each elected official, member of board, Cabinet appointees
6(2)(b) List each employee with remuneration exceeding $75,000, plus expenses
6(2)(c) Consolidated total for all employees with remuneration of $75,000 or less
6(2)(d) Reconcile difference in total remuneration above with operational statement
6(3) Exclude personal information other than as required
Index 1District of Maple Ridge-Statement of Financial Information
Page 1 of 34
Index 2
Page 3 & 4: Schedule of Remuneration and Expenses: Section Six (continued)
6(4) & (5) [Explanatory information for reference]
6(6) Report employer portion of EI and CPP as a supplier payment
6(7)(a) & (b) Statement of severance agreements
6(8) Explain an omission of statement of severance agreements
6(9) [Statement of severance agreements to minister – not required unless requested]
Page 4: Schedule of Suppliers of Goods or Services: Section Seven
7(1)(a) List suppliers receiving payments exceeding $25,000
7(1)(b) Consolidated total of all payments of $25,000 or less
7(1)(c) Reconcile difference in total above with operational statement
7(2)(a) [Explanatory information for reference]
7(2)(b) Statement of payments of grants or contributions
7(2)(c) [Explanatory information for reference]
Page 5: Inactive Corporations: Section Eight
8(1) Ministry to report for inactive corporations
8(2)(a) Contents of report – statements and schedules under section 1(1) to extent possible
8(2)(b) Contents of report – operational status of corporation
Approval of Financial Information: Section Nine
9(1) Approval of SOFI for corporations (other than municipalities)
9(2) Approval of SOFI for municipalities
9(3) Management report
9(4) Management report must explain roles and responsibilities
9(5) Signature approval is for all contents of the SOFI
Access to the Financial Information: Section Ten
10(1) to (3) [Explanatory information for reference]
District of Maple Ridge-Statement of Financial Information
Page 2 of 34
1
Financial Information Regulation, Schedule 1
Checklist – Statement of Financial Information (SOFI)
For the Corporation:
Corporate Name: Contact Name:
Fiscal Year End: Phone Number:
Date Submitted: E-mail:
For the Ministry:
Ministry Name: Reviewer:
Date Received: Deficiencies: Yes No
Date Reviewed: Deficiencies Addressed: Yes No
Approved (SFO): Further Action Taken:
Distribution: Legislative Library Ministry Retention
FIR
Schedule 1
Section
Item Yes No N/A Comments
General
1 (1) (a) Statement of assets and liabilities
1 (1) (b) Operational statement
1 (1) (c) Schedule of debts
1 (1) (d) Schedule of guarantee and
indemnity agreements
1 (1) (e) Schedule of employee remuneration
and expenses
1 (1) (f) Schedule of suppliers of goods and
services
1 (3) Statements prepared on a
consolidated basis or for each fund,
as appropriate
1 (4)
1 (5)
Notes to the financial statements for
the statements and schedules listed
above
District of Maple Ridge-Statement of Financial Information
Page 3 of 34
2
FIR
Schedule 1
Section
Item Yes No N/A Comments
Statement of Assets & Liabilities
2 • A balance sheet prepared in
accordance with GAAP or stated
accounting principles / policies,
and
• Show changes in equity and
surplus or deficit due to
operations
Operational Statement
3 (1) Prepared in accordance with GAAP
or stated accounting principles /
policies and consists of:
• a Statement of Income or
Statement of Revenue and
Expenditures, and
• a Statement of Changes in
Financial Position
3 (2)
3 (3)
• The Statement of Changes in
Financial Position may be
omitted if it provides no
additional information
• The omission must be explained
in the notes
3 (4) Community colleges, school districts,
and municipalities must prepare a
Statement of Changes in Financial
Position for the Capital Fund
Schedule of Debts
4 (1) (a)
4 (2)
List each long-term debt (secured by
debentures, mortgages, bonds, etc.),
stating the amount outstanding, the
interest rate, and the maturity date
4 (1) (b) Identify debts covered by sinking
funds or reserves and amounts in
these accounts
4 (3)
4 (4)
• The schedule may be omitted if
addressed under section 2 or 5
and it provides no additional
information
• The omission must be explained
in a note to the schedule
District of Maple Ridge-Statement of Financial Information
Page 4 of 34
3
FIR
Schedule 1
Section
Item Yes No N/A Comments
Schedule of Guarantee and Indemnity Agreements
5 (1) List financial agreements that
required government approval prior
to being given (see Guarantees and
Indemnities Regulation in FIA
Guidance Package)
5 (2) State the entities involved, and the
specific amount involved if known
5 (3)
5 (4)
• The schedule may be omitted if
addressed under section 2 or 4
and it provides no additional
information
• The omission must be explained
in a note to the schedule
Schedule of Remuneration and Expenses
(See Guidance Package for suggested format)
6 (2) (a) List separately, by name and
position, the total remuneration and
the total expenses for each elected
official, member of the board of
directors, and employee appointed
by Cabinet
6 (2) (b) List alphabetically each employee
whose total remuneration exceeds
$75,000 and the total expenses for
each [excluding the persons listed
under 6 (2) (a)]
6 (2) (c) Include a consolidated total for
employees whose remuneration is
$75,000 or less [excluding the
persons listed under 6 (2) (a)]
6 (2) (d) Reconcile or explain any difference
between total remuneration in this
schedule and related information in
the operational statement
6 (3) Exclude personal information other
than name, position, function or
remuneration and expenses of
employees
District of Maple Ridge-Statement of Financial Information
Page 5 of 34
4
FIR
Schedule 1
Section
Item Yes No N/A Comments
Schedule of Remuneration and Expenses
(See Guidance Package for suggested format)
6 (6) Report the employer portion of EI
and CPP as a supplier payment to
the Receiver General for Canada
rather than as employee
remuneration
6 (7) (a)
6 (7) (b)
Include a statement of severance
agreements providing:
• the number of severance
agreements under which
payment commenced in the
fiscal year being reported on for
non-union employees, and
• the range of equivalent months'
compensation for them
(see Guidance Package for
suggested format)
6 (8) Provide the reason for omitting a
statement of severance agreements
in a note to the schedule of
remuneration and expenses
Schedule of Suppliers of Goods or Services
(See Guidance Package for suggested format)
7 (1) (a) List in alphabetical order all suppliers
of goods and services who received
aggregate payments exceeding
$25,000
7 (1) (b) Include a consolidated total of all
payments to suppliers who received
$25,000 or less
7 (1) (c) Reconcile or explain any difference
between the consolidated total and
related figures in the operational
statement
7 (2) (b) Include a statement of payments for
the purposes of grants or
contributions
District of Maple Ridge-Statement of Financial Information
Page 6 of 34
5
FIR
Schedule 1
Section
Item Yes No N/A Comments
Inactive Corporations
8 (1) The ministry reports for the
corporation if the corporation is not
operating to the extent required to
produce a SOFI
8 (2) (a) The ministry's report contains the
statements and schedules required
under section 1 (1), to the extent
possible
8 (2) (b) The ministry's report contains a
statement of the operational status of
the corporation (see Guidance
Package regarding what to include)
Approval of Financial Information
9 (1) Corporations other than
municipalities – the SOFI is signed
as approved by the board of
directors or the governing body (see
Guidance Package for example)
9 (2) Municipalities – the SOFI is
approved by its council and by the
officer assigned responsibility for
financial administration (see
Guidance Package for example)
9 (3) A management report is included,
signed by the head and chief
financial officer, or by the municipal
officer assigned responsibility for
financial administration (see
examples in annual report at
http://www.gov.bc.ca/cas/popt/)
9 (4) The management report explains the
roles and responsibilities of the
board of directors or governing body,
audit committee, management, and
the auditors
9 (5) Signature approvals required in
section 9 are for each of the
statements and schedules of
financial information, not just the
financial statements
District of Maple Ridge-Statement of Financial Information
Page 7 of 34
Consolidated Statement of Financial PositionConsolidated Statement of Financial PositionConsolidated Statement of Financial PositionConsolidated Statement of Financial Position
as at December 31, 2012
2012 2012 2012 2012
Restated
2011
(Note 12)
Financial AssetsFinancial AssetsFinancial AssetsFinancial Assets
Cash and temporary investments (Note 1)$$$$103,940,358103,940,358103,940,358103,940,358 $26,998,661
Portfolio investments (Note 1)33,315,00633,315,00633,315,00633,315,006 90,812,593
Accounts receivable (Note 2)19,464,14019,464,14019,464,14019,464,140 17,547,470
Recoverable local improvements (Note 3)1,853,3101,853,3101,853,3101,853,310 1,637,104
Other assets (Note 7)684,971684,971684,971684,971 610,856
Inventory available for resale 187187187187 187
159,257,972159,257,972159,257,972159,257,972 137,606,871
LiabilitiesLiabilitiesLiabilitiesLiabilities
Accounts payable and accrued liabilities (Note 5)12,934,26912,934,26912,934,26912,934,269 13,142,472
Deferred revenue 9,236,2449,236,2449,236,2449,236,244 8,928,225
Restricted revenue (Note 11)45,357,20345,357,20345,357,20345,357,203 41,042,622
Refundable performance deposits and other 12,176,80612,176,80612,176,80612,176,806 8,964,044
Employee future benefits (Note 8)4,745,5004,745,5004,745,5004,745,500 4,684,900
Long-term debt (Note 6, Schedule 4)42,086,72242,086,72242,086,72242,086,722 38,505,484
126,536,744126,536,744126,536,744126,536,744 115,267,747
Net Financial AssetsNet Financial AssetsNet Financial AssetsNet Financial Assets 32,721,22832,721,22832,721,22832,721,228 22,339,124
Non Financial AssetsNon Financial AssetsNon Financial AssetsNon Financial Assets
Tangible capital assets (Note 13, Schedule 5)814,115,960814,115,960814,115,960814,115,960 801,626,175
Undeveloped land bank properties (Note 17)14,448,18414,448,18414,448,18414,448,184 14,832,041
Supplies inventory 303,347303,347303,347303,347 400,606
Prepaid expenses 629,721629,721629,721629,721 447,067
829,497,212829,497,212829,497,212829,497,212 817,305,889
Accumulated Surplus Accumulated Surplus Accumulated Surplus Accumulated Surplus (Note 15)$$$$862,218,440862,218,440862,218,440862,218,440 $839,645,013
Paul Gill, CGA Ernie Daykin
General Manager, Corporate & Financial Services Mayor, District of Maple Ridge
a). The notes to the Consolidated Financial Statements are an integral part of this statement
b). Contingencies, Commitments and Unrecognized Liabilities (Note 10)
c). Pension Plan (Note 4)
District of Maple Ridge-Statement of Financial Information
Page 8 of 34
Consolidated Statement of OperationsConsolidated Statement of OperationsConsolidated Statement of OperationsConsolidated Statement of Operations
For the year ended December 31, 2012
Actual Actual Actual Actual Budget
Restated
Actual
2012 2012 2012 2012
2012
(Note 14)
2011
(Note 12)
Revenue Revenue Revenue Revenue (Segment Report, Note 18)
Taxes for municipal purposes (Note 9)$$$$64,939,42364,939,42364,939,42364,939,423 $65,038,017 $61,065,872
User fees and other revenue 34,698,23834,698,23834,698,23834,698,238 35,086,269 32,936,021
Senior government transfers 4,421,3024,421,3024,421,3024,421,302 13,997,301 12,817,578
Development revenue 5,626,7815,626,7815,626,7815,626,781 26,725,747 3,920,831
Interest and investment income
Investment Income 3,204,700
Interest Income 825,549
Less: Deferred amount (544,221)
Interest and investment income 3,486,0283,486,0283,486,0283,486,028 1,753,000 3,473,800
Gaming revenues 819,341819,341819,341819,341 500,000 756,427
Refinancing and other gains -----102,031
Gain (loss) on disposal of tangible capital asset (1,530,761)(1,530,761)(1,530,761)(1,530,761)-(632,238)
Contributed tangible capital assets (Note 13)16,709,52316,709,52316,709,52316,709,523 12,250,000 19,875,197
129,169,875129,169,875129,169,875129,169,875 155,350,334 134,315,519
Expenses Expenses Expenses Expenses (Segment Report, Note 18)
Protective services 30,619,43530,619,43530,619,43530,619,435 32,344,677 28,793,697
Transportation services 16,781,93016,781,93016,781,93016,781,930 17,287,026 16,032,874
Recreation and cultural 19,529,72619,529,72619,529,72619,529,726 21,635,975 19,729,780
Water utility 13,138,93613,138,93613,138,93613,138,936 16,281,644 10,581,132
Sewer utility 9,279,2529,279,2529,279,2529,279,252 10,059,710 8,787,219
General government 13,307,27013,307,27013,307,27013,307,270 15,584,156 12,816,529
Planning, public health and other 3,939,8993,939,8993,939,8993,939,899 4,321,633 3,665,417
106,596,448106,596,448106,596,448106,596,448 117,514,821 100,406,648
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus 22,573,42722,573,42722,573,42722,573,427 37,835,513 33,908,871
Accumulated Surplus - beginning of yearAccumulated Surplus - beginning of yearAccumulated Surplus - beginning of yearAccumulated Surplus - beginning of year 839,645,013839,645,013839,645,013839,645,013 839,645,013 805,736,142
Accumulated Surplus - end of year Accumulated Surplus - end of year Accumulated Surplus - end of year Accumulated Surplus - end of year (Note 15)$$$$862,218,440862,218,440862,218,440862,218,440 $877,480,526 $839,645,013
a). The notes to the Consolidated Financial Statements are an integral part of this statement
b). Contingencies, Commitments and Unrecognized Liabilities (Note 10)
c). Pension Plan (Note 4)
District of Maple Ridge-Statement of Financial Information
Page 9 of 34
Schedule 4Schedule 4Schedule 4Schedule 4
Continuity Schedule of Debenture DebtContinuity Schedule of Debenture DebtContinuity Schedule of Debenture DebtContinuity Schedule of Debenture Debt
For the Year Ended December 31, 2012
Date ofDate ofDate ofDate of
Issue/MaturityIssue/MaturityIssue/MaturityIssue/Maturity Bylaw/MFABylaw/MFABylaw/MFABylaw/MFA Function/PurposeFunction/PurposeFunction/PurposeFunction/Purpose
Interest Interest Interest Interest
RateRateRateRate
Long Term DebtsLong Term DebtsLong Term DebtsLong Term Debts
Apr 2005/2027 6246/93 Recreation/Downtown Civic Properties %%%%5.75.75.75.7
Apr 2005/2027 6246/93 General Government/Downtown Office Complex %%%%5.75.75.75.7
Dec 2006/2027 6246/99 General Government/Downtown Office Complex %%%%5.05.05.05.0
Oct 2012/2017 6562/08 General Government/River Road Drainage %%%%2.12.12.12.1
Oct 2012/2027 6560/08 Protective Services/Animal Shelter %%%%2.92.92.92.9
Oct 2012/2037 6559/08 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Oct 2012/2037 6679/09 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Subtotal
LESS:LESS:LESS:LESS:
Sinking FundsSinking FundsSinking FundsSinking Funds
Dec 2006/2027 6246/99 General Government/Downtown Office Complex %%%%5.05.05.05.0
Subtotal
Net AmountNet AmountNet AmountNet Amount
District of Maple Ridge-Statement of Financial Information
Page 10 of 34
Dec 31, 2011Dec 31, 2011Dec 31, 2011Dec 31, 2011
BalanceBalanceBalanceBalance
OutstandingOutstandingOutstandingOutstanding
New Debt IssuedNew Debt IssuedNew Debt IssuedNew Debt Issued
During the yearDuring the yearDuring the yearDuring the year
Principal/Principal/Principal/Principal/
Sinking FundSinking FundSinking FundSinking Fund
PaymentsPaymentsPaymentsPayments
Sinking FundSinking FundSinking FundSinking Fund
EarningsEarningsEarningsEarnings
2012201220122012
BalanceBalanceBalanceBalance
OutstandingOutstandingOutstandingOutstanding
Interest Paid/Interest Paid/Interest Paid/Interest Paid/
EarnedEarnedEarnedEarned
For The YearFor The YearFor The YearFor The Year
22,125,645 -1,113,050 -21,012,595 1,203,035
3,068,294 -154,344 -2,913,950 166,823
16,300,000 ---16,300,000 813,370
-2,675,000 --2,675,000 62,338
-625,000 --625,000 15,897
-1,520,000 --1,520,000 38,573
-700,000 --700,000 9,150
41,493,939 5,520,000 1,267,394 -45,746,545 2,309,186
2,988,455 -547,383 123,985 3,659,823 123,985
2,988,455 -547,383 123,985 3,659,823 123,985
$ 38,505,484 $ 5,520,000 $ 1,814,777 $ 123,985 $ 42,086,722 $ 2,185,201
District of Maple Ridge-Statement of Financial Information
Page 11 of 34
"This organization has no guarantees or indemnities under the Guarantees
and Indemnities Regulation."
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule of Guarantee and Indemnity AgreementsSchedule of Guarantee and Indemnity AgreementsSchedule of Guarantee and Indemnity AgreementsSchedule of Guarantee and Indemnity Agreements
for 2012for 2012for 2012for 2012
Prepared pursuant to the Financial Information Regulation, Schedule 1, Section 1 (1) (d)
District of Maple Ridge-Statement of Financial Information
Page 12 of 34
1111 Elected OfficialsElected OfficialsElected OfficialsElected Officials
Name Position Remuneration Benefits Expenses
Ashlie, Cheryl Councillor 42,762.26$ 1,742.88 $4,645.80
Bell, Corisa Councillor 42,762.41$ 1,742.88 $6,681.38
Daykin, Ernest Mayor 99,435.96$ 1,906.56 $6,838.41
Dueck, Judy Councillor 42,691.28$ 1,598.88 $1,019.91
Hogarth, Al Councillor 42,762.41$ 1,598.88 $4,558.52
Masse, Robert Councillor 42,904.37$ 1,598.88 $2,548.99
Morden, Michael Councillor 42,837.59$ 1,598.88 $2,730.10
Totals 356,156.28 11,787.84 29,023.11
2222
Other Employees (excluding those listed Other Employees (excluding those listed Other Employees (excluding those listed Other Employees (excluding those listed
in Part 1 above)in Part 1 above)in Part 1 above)in Part 1 above)
Name Position Remuneration Expenses
Acharya, Rasika Planner II $87,500.84 $1,276.27
Armour, Douglas M.Firefighter, Acting Lieutenant $110,077.44 $322.00
Armstrong, Fred Manager Corporate Communications $113,550.39 $129.88
Balatti, Christa Recreation Manager, Health & Wellness $104,021.41 $60.00
Barrett, Kevin G.Firefighter $95,498.26 $90.00
Baski, Sebastian Firefighter $89,626.82 $0.00
Bastaja, John Director of Corporate Support $137,282.94 $1,013.44
Bayley, Christopher C.Fire Captain $112,966.28 $0.00
Benson, Laura Manager of Sustainability & Corp Planning $107,525.81 $1,536.54
Bevilacqua, Jim Fire Captain $122,502.57 $250.00
Bitcon, Stan Foreman II - Sewerworks $76,757.04 $474.15
Blakeway, Alexander Foreman III - Waterworks $75,430.01 $152.63
Blue, Sandra Manager Strategic Economic Initiatives $107,425.82 $10,165.16
Boag, David Director, Parks & Facilities $138,637.81 $1,192.35
Bonifazi, Marco Firefighter $78,103.95 $0.00
Bruce, Robert Firefighter $87,331.69 $690.95
Burrell, Lorne Trades Foreman $101,717.71 $0.00
Butler, Mary Firefighter $81,647.72 $0.00
Carmichael, Russ Director of Engineering Operations $142,742.08 $1,269.56
Carter, Christine Director of Planning $138,095.33 $2,696.61
Charlebois, Jim Manager of Community Planning $75,614.54 $152.62
Christensen, Robert Fire Captain $112,335.45 $20.00
Clelland, James Firefighter $77,505.01 $690.95
Collard, Shaun Firefighter $83,275.72 $690.95
Cooke, David GIS Coordinator $96,300.73 $126.90
Cote-Rolvink, Stephen J.Manager of Inspection Services $119,498.37 $2,869.63
Cotroneo, Tony Recreation Mgr, Youth & Neighborhood Serv $96,680.62 $93.76
Cotter, Steve Firefighter $96,817.31 $0.00
Crabtree, Christina L.Director of Information Technology $115,941.81 $576.03
Cramb, Donald B.Senior Recreation Mgr, Pitt Meadows Area $123,302.37 $2,434.25
Daunais, Don Electrical Inspector $75,397.70 $0.00
for 2012for 2012for 2012for 2012
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each Employee
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) (b) and Section (6)
District of Maple Ridge-Statement of Financial Information
Page 13 of 34
for 2012for 2012for 2012for 2012
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each Employee
Davis, Craig Firefighter $109,134.14 $0.00
Davis, Jeff Firefighter $97,241.87 $0.00
Denton, Darrell E.Business Retention & Expansion Officer $76,470.86 $2,366.23
Dickson, Janet Senior Analyst Programmer $81,015.93 $1,314.56
Dingwall, William J.Manager of Utility Engineering $123,639.11 $4,307.48
Dorrell, Robert Tradesperson - Foreman $79,858.09 $0.00
Eng, Michael Traffic & Transportation Technologist $81,554.50 $919.59
Ettinger, Glenn Firefighter $103,439.21 $690.95
Exner, Howard Fire Assistant Chief, Training & Operations $134,365.33 $2,025.49
Franklin, Steven Fire Captain $109,228.62 $0.00
Gaudette, Christopher Firefighter $95,276.70 $0.00
Gill, Paul GM, Corporate & Financial Services $193,108.47 $6,511.69
Gjaltema, Michael Tradesperson II, Electrician $78,925.99 $581.00
Glasgow, Ian Firefighter $94,743.17 $24.22
Goddard, Charles Manager of Dev & Environmental Services $127,797.80 $5,675.90
Gordon, Thomas Engineering Technologist I $80,015.21 $303.22
Gormley, Kathleen Manager of Business Systems $105,383.83 $361.45
Grootendorst, Peter Fire Chief, Director Fire Oper. & Staff Dev $151,717.81 $9,050.87
Guerra, Maria Senior Project Engineer $102,153.41 $1,176.55
Guy, Ronald Engineering Works Inspector $77,821.05 $483.31
Hall, Diana Planner II $87,500.82 $479.80
Hampton, Warren Firefighter $87,742.36 $35.00
Hansen, Damon Firefighter $89,134.83 $28.00
Harcus, David Fire Captain $101,281.55 $24.22
Hardy, Wayne Superintendent Roads & Equipment $121,882.64 $300.16
Harwood, Kevin Fire Captain $109,282.03 $20.00
Holitzki, Elizabeth Director Licences, Permits & Bylaws $150,278.15 $4,252.68
Hopper, Clinton Firefighter $87,121.51 $0.00
Jonat, Cameron Firefighter $97,589.39 $19.25
Jones, Maureen Senior Mgr of Police Services, Fin & Admin $102,816.22 $28.83
Jorde, Shelley Recreation Mgr Community Connections $110,992.42 $135.71
Judd, Stephen Manager of Infrastructure Development $105,367.41 $649.34
Juoksu, Paul Building Inspector I $78,223.60 $837.07
Juurakko, Timo Fire Asst Chief, Comm & Support Services $132,539.09 $2,271.75
Kopystynski, Adrian Planner II $75,882.60 $85.00
Lamont, Kathy I.Personnel Officer $93,846.81 $12.03
Leeburn, John Executive Director to CAO $131,852.08 $535.51
Liu, Wilson Geomatics Supervisor $80,439.23 $384.62
Macdonald, Robert Firefighter $91,748.12 $3,451.50
Mah, Edwin Building Inspector I $75,365.39 $763.12
Mallory, Geoffrey Manager Parks and Open Space $101,277.08 $470.20
Marlo, Ceri Mgr of Legislative Services & Emerg. Program $128,006.54 $2,817.47
McCormick, Wendy Director of Recreation $134,524.27 $3,303.34
McCurry, Aaron Foreman II - Waterworks $76,050.08 $82.30
McKee, Christopher J.Firefighter, Acting Lieutenant $97,924.62 $33.86
McLeod, Bruce Manager, Parks Planning & Development $109,030.01 $4,123.80
Merenick, Diane Bylaw Services Supervisor $87,910.82 $1,311.98
Mikes, Daniela Manager of Procurement $98,446.29 $4,331.11
Millward, Michael Facilities Operations Manager $107,254.09 $1,251.49
Mitchell, Ed Superintendent Waterworks $114,525.66 $4,535.69
Narayan, Sureshwar Senior Analyst Programmer $91,782.55 $2,308.12
Negoita, Victor Electro/Mechanical Manager $109,349.15 $3,936.64
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) (b) and Section (6)
District of Maple Ridge-Statement of Financial Information
Page 14 of 34
for 2012for 2012for 2012for 2012
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each Employee
Newbery, Jerry Building Services Supervisor $85,161.53 $19.05
Nolan, Catherine Manager of Accounting $113,139.82 $2,769.55
Oleschak, Walter Superintendent of Roads and Fleet $100,678.82 $2,991.44
Perkin, Kevin G.Fire Lieutenant $97,911.42 $0.00
Pollock, David Municipal Engineer $139,317.52 $1,060.43
Pope, Danielle Manager of Business Operations $88,648.47 $838.34
Porter, Gary K.Fire Lieutenant $105,258.26 $0.00
Quinn, Frank GM, Public Works & Development Services $204,131.83 $4,102.59
Ramsay, Robert Fire Training Officer $111,421.99 $1,149.01
Riach, Ron Property & Risk Manager $103,390.45 $184.31
Richmond, Calvin Foreman III $83,512.49 $475.99
Rule, James Chief Administrative Officer $246,561.81 $10,490.69
Rutledge, Silvia Manager of Revenue & Collections $109,661.22 $1,662.21
Schurer, Oliver Business Systems Analyst $86,093.03 $559.63
Serediuk, Sean Network Support Specialist $95,398.45 $627.14
Serne, Bernie Superintendent Sewer works $105,717.01 $2,121.56
Seward, Adam R.Firefighter, Acting Lieutenant $98,364.14 $143.79
Sinclair, James G.Fire Captain $90,033.54 $4,576.50
Smitton, Mark Fire Asst Chief, Fire Prev & Communications $121,764.27 $3,274.35
Snow, Roy C.Firefighter, Acting Lieutenant $98,934.42 $239.42
Spence, Dane Fire Chief, Director Comm Fire Safety Services $152,232.21 $5,500.82
Stewart, Michael Fire Captain $113,371.29 $28.00
Stott, Rodney C.Environmental Planner $87,500.81 $153.52
Stripp, Mitchell Electronics Technician $80,633.18 $3,480.31
Swift, Kelly GM, Community Dev, Parks & Recreation $170,446.68 $2,036.76
Teboekhorst, Dennis Fire Lieutenant $117,012.01 $0.00
Thompson, Trevor Manager of Financial Planning $107,225.81 $5,631.41
Todd, Thomas Foreman III - Sewerworks $90,513.77 $805.88
Traviss, Stephen Senior Human Resources Officer $107,970.39 $6,609.58
Vandenbor, Paul J.Engineering Works Inspector $77,821.01 $0.00
Van Dop, Michael J.Firefighter, Acting Asst Fire Chief, Plan&Prev.$99,391.50 $1,526.25
Van Tunen, Randolph Foreman III - Parks $75,582.22 $0.00
Varcoe, Thomas Foreman II - Electro/Mechanical $79,925.26 $0.00
Vinje, Brock Firefighter $87,870.67 $9.64
Wetherill, Michelle Manager, Payroll & Employee Relations $110,127.98 $1,147.63
Wheeler, Susan Director of Community Services $121,838.48 $2,130.52
Wilson, Davin Engineering Technologist I $83,056.07 $3,289.02
Wilson, Samuel Water System Operator $76,923.05 $171.23
Wing, Graham Firefighter $86,093.17 $1,554.25
Wong, Richard Manager of Design & Projects $90,609.70 $754.38
Zosiak, Lisa A.Planner II $87,670.91 $1,986.87
Subtotal $12,939,886.72$12,939,886.72$12,939,886.72$12,939,886.72 $181,688.80$181,688.80$181,688.80$181,688.80
Consolidated Total of 18,499,051.56 100,378.03
Employees with remuneration
less than $75,000
Total All Employees 31,438,938.28 282,066.83
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) (b) and Section (6)
District of Maple Ridge-Statement of Financial Information
Page 15 of 34
for 2012for 2012for 2012for 2012
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and ExpensesSchedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each EmployeePaid to or on Behalf of Each Employee
3 ReconciliationReconciliationReconciliationReconciliation
Total remunerationTotal remunerationTotal remunerationTotal remuneration
Elected Officials 356,156.28
Other Employees 31,438,938.28
Subtotal 31,795,094.56
Other reconciling Items
Employer portion of:
CPP 986,897.96
EI 475,577.32
Accruals 678.00
WCB 287,145.28
Pension 2,544,592.00
Other employer costs 1,392,987.51
(Medical, Dental, etc.)
Wages & Salaries per Consolidated Financial Statements,37,482,972.63
Annual Report, Page 67
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) (b) and Section (6)
District of Maple Ridge-Statement of Financial Information
Page 16 of 34
1111 Alphabetical list of suppliers who received aggregate payments exceeding $25,000Alphabetical list of suppliers who received aggregate payments exceeding $25,000Alphabetical list of suppliers who received aggregate payments exceeding $25,000Alphabetical list of suppliers who received aggregate payments exceeding $25,000
Supplier NameSupplier NameSupplier NameSupplier Name Aggregate amount paid to supplierAggregate amount paid to supplierAggregate amount paid to supplierAggregate amount paid to supplier
0681186 BC Ltd.$49,373.70
0891551 BC Ltd.$40,484.00
0724674 BC Ltd.$50,000.00
0775983 BC Ltd.$53,479.55
0946235 BC Ltd.$41,419.82
A & A Testing Ltd.$136,880.58
A & G Supply Ltd.$63,754.52
A O K Tree Service Ltd.$29,400.84
A T & H Industries Inc $191,370.94
Ablesun Plastics Ltd.$38,933.32
Accent Glass & Locksmith $75,547.22
Adopt A Block Society $25,000.00
AECOM Canada Ltd.$44,640.76
Alliance Painting & Decorating $33,768.00
Alouette River Management Soc $25,880.00
AMEC Earth & Environmental Ltd.$53,443.12
Quinnell, James Arthur & Laura Michelle $779,797.59
Andrew Sheret Ltd.$37,848.88
Aplin & Martin Consultants Ltd.$147,275.53
Armtec Limited Partnership $41,146.06
Art.Site $46,607.33
Avenue Machinery Corp $112,459.77
AW Fire Guard & Supplies Ltd.$37,488.30
Bartle & Gibson Co. Ltd.$47,387.59
BC Hydro $1,306,741.76
BC SPCA $335,404.60
BCRS Road Safe Inc.$79,193.72
BDO Canada LLP $51,464.46
BFI Canada Vancouver $110,251.41
Billesberger, Valerie $89,001.92
Black Press Group Ltd.$52,929.92
Bob's A-Z Rentals Ltd.$35,614.84
Boileau Electric & Pole Ltd.$318,318.75
Brook Pooni Associates Inc.$29,336.72
Canada Pipe Company Ltd.$146,907.70
Canadian Pacific Railway $47,772.03
Cansel Survey Equipment Inc.$49,543.33
Canstar Restorations $30,883.45
Capilano Highway Services $207,805.15
Carter Pontiac Buick Ltd.$114,750.72
Centimark Corporation $32,760.45
Chairlines $28,300.16
Chase Office Interiors $31,581.74
Chevron Canada Ltd.$976,719.41
City Of Pitt Meadows $664,443.69
Columbia Bitulithic Ltd.$325,411.53
Commercial Aquatic Supplies $48,401.39
Commercial Solutions Inc.$80,983.81
Con-West Contracting Ltd.$27,664.00
Co-Pilot Industries Ltd.$132,580.16
Coquitlam Ridge Constructors $221,331.71
Corix Water Products $67,955.91
Creative Transportation $39,438.56
Cross, Connie $50,422.74
Crown Contracting Limited $203,729.34
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision
of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
District of Maple Ridge-Statement of Financial Information
Page 17 of 34
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision
of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012
CSDC Systems Inc.$53,448.64
Dams Ford Lincoln Sales Ltd.$42,176.97
Delcan Corporation $185,899.37
Diamond Land Consultants Inc.$71,081.64
Dixon Networks Corporation $28,812.00
Double M Excavating Ltd.$1,176,320.04
Douglas Lake Equipment $32,263.25
Downtown Maple Ridge Business $268,404.38
DSD Document Systems Direct Ltd.$65,090.57
Eagle West Truck & Crane Inc.$39,891.04
Econolite Canada Inc.$34,872.57
EMCO Corporation $54,118.32
Emergency Communications for Southwest BC $971,209.00
Empire Signworks Inc.$50,812.17
Equity Valuation & Consulting $62,412.00
ESRI Canada Limited $88,761.23
Exp Services Inc.$52,459.26
Falcon Centre Joint Venture $50,000.00
Family Education & Support Ctr $29,000.00
First Truck Centre Vancouver Inc.$246,529.89
Fitness Edge $194,491.38
Fleet Services Installation $28,917.45
Flynn Canada Ltd.$162,726.89
Fort Fabrication & Welding Ltd.$86,125.31
FortisBC - Natural Gas $214,755.49
Fraser Valley Fire Protection $29,740.14
Fraser Valley Regional Library $2,486,131.00
Frazer Excavation Ltd.$166,129.26
Fred Surridge Ltd.$142,129.70
Fuseforward International Inc.$35,840.00
G P Rollo & Associates Ltd.$67,638.72
Gibson Waterworks Supply Inc.$60,589.14
Golden Ears Ortho & Sports $91,083.96
Greater Vancouver Sewerage & Drainage $51,876.80
Greater Vancouver Water District $8,842,705.75
Green Landscape Experts Ltd.$58,956.81
Greengym Outdoor Fitness Equipment $26,045.60
Guest Excavating Company Ltd.$31,102.40
Guillevin International Inc.$221,897.64
Habitat Systems Inc.$105,754.31
Hanks Trucking And Bulldozing $57,737.12
Hapa Collaborative $44,011.58
Heenan Blaikie LLP $47,500.34
High Profile Roof Care Inc.$32,284.00
Homewood Human Solutions Canada $38,492.97
Houle Electric Ltd.$39,405.36
ICBC - Fleet Insurance $154,734.00
ICOM Canada $53,939.90
IDR Services Ltd.$32,038.10
Imperial Paving $2,243,775.81
Inprotect Systems Inc.$81,966.19
Interprovincial Traffic Services $181,944.00
ISL Engineering & Land Services $50,014.12
Jack 4 Trade $58,665.15
Jacks Automotive & Welding $157,934.00
Justice Institute of BC $34,480.58
Kerr Wood Leidal Associates $30,865.19
Keywest Asphalt Ltd.$729,854.26
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
District of Maple Ridge-Statement of Financial Information
Page 18 of 34
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision
of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012
Lafarge Canada Inc.$32,802.25
LCP Signal Management Inc.$46,351.20
Letts Environmental Consultant $57,455.49
Lordco Parts Ltd.$91,409.68
Lups Contractors Ltd.$31,095.40
MacLean Homes $47,076.00
Manulife Financial $994,390.86
Maple Ridge & PM Arts Council $761,456.03
Maple Ridge Historical Society $134,328.00
Mar-Tech Underground Services $132,071.27
Marten Timmer Excavating Ltd.$312,207.85
Matcon Civil Constructors Inc.$125,754.16
McRae's Septic Tank Service $68,883.79
McTar Petroleum Ltd.$99,573.74
Medical Services Plan $277,776.90
Medisys Health Group Inc.$44,225.55
Metro Motors Ltd.$110,983.04
Microserve $570,640.25
Microsoft Licensing $103,146.05
Mierau $111,618.24
Mills Printing & Stationery $72,429.23
Minister of Finance - Dept.of Transportation $28,479.01
MMM Group Limited $50,330.21
Mobilecom Radio Company $25,273.56
Municipal Insurance Assoc.$450,209.50
Municipal Pension Plan $2,545,269.77
Newlands Lawn & Garden Maintenance $132,568.80
North of 49 Enterprises Ltd.$108,220.84
Nova Pole International Inc.$26,120.08
Now Solutions $53,844.00
Ocean Pipe T6045 $35,209.94
OK Tire $29,721.36
Open Storage Solutions $184,999.80
Oracle Corporation Canada Inc.$48,390.18
Pacific Ace Sports Surfaces $100,177.28
Pacific Flow Control Ltd.$49,051.52
Panorama LMS 4011 $119,703.02
Pattison Sign Group $25,314.24
Paul Bunyan Tree Services $143,446.80
Peter Dorozan Cable Communications $28,161.28
Pitney Works $45,416.90
Pitt Meadows Heritage & Museum $76,416.00
Pitt River Quarries $64,559.94
Plan Group Inc.$65,688.60
PW Trenchless Construction Inc.$226,302.36
Quantum Murray LP $31,920.48
Rainbow Paving Ltd.$29,030.40
Raincity Janitorial Services Ltd.$383,024.89
Raybern Erectors Ltd.$53,769.54
RCMP - Receiver General $13,107,665.75
Receiver General-Payroll Deductions $1,443,914.71
Reliable Flagging Services Ltd.$55,477.15
Remdal Painting & Restoration $141,616.91
RF Binnie & Associates Ltd.$130,538.70
RG Arenas (Maple Ridge) Ltd.$745,589.58
RGH Pacific Emergency Services $53,676.00
RHE Communications Inc.$25,364.61
Ridge Meadows Seniors Society $195,622.00
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
District of Maple Ridge-Statement of Financial Information
Page 19 of 34
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision
of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012
Ridge Meadows Recycling Society $1,299,026.70
RJ Construction $87,870.64
Robert Glenn Nat Plant Nursery $40,043.64
Rogers $131,104.04
Ross Systems Inc.$91,994.13
Scottish Line Painting Ltd.$106,719.27
Seal Tec Industries Ltd.$75,334.64
Shades Of Green Landscaping $30,217.60
Shi Canada ULC $30,432.72
Smart-Tek Communications Inc.$47,803.41
Smithrite Portable Services $29,166.14
Spartan Controls Ltd.$56,402.18
Springford, Nicola $53,243.34
Stak Fitness $78,912.96
Star Five Classic Country $43,012.18
Strohmaier's Excavating Ltd.$337,500.43
Summit Valve & Controls Inc.$25,592.72
Surrey Fire Service $86,155.00
Suttle Recreation Inc.$86,371.24
T & T Demolition Ltd.$59,646.16
Tag Construction Ltd.$1,236,180.66
Targa Contracting Ltd.$434,927.39
Telus $105,983.50
Telus Services Inc.$38,332.19
Terra Link Horticulture Inc.$28,235.87
The Birks Company $45,968.09
Thunderbird Plastics Ltd.$31,640.00
Total Energy Systems Ltd.$290,193.94
Total Power Inc.$51,956.51
Touchstone Marble & Tile Ltd.$46,959.36
Tourism Maple Ridge & Pitt Meadows $43,200.00
Tundra Plumbing Ltd.$42,959.81
Tybo Contracting Ltd.$330,180.06
Union of BC Municipalities $30,431.49
Universal Contracting Ltd.$143,227.98
Urban Systems $83,077.45
Valley Landscaping Ltd.$34,934.14
Valley Traffic Systems Inc.$98,415.91
Van Houtte Coffee Services Inc.$40,150.51
Vanderwal Equipment Ltd.$25,555.77
Warrington PCI Management $822,899.72
Wedler Engineering $63,270.24
Wesco Distribution Inc.$35,230.69
West Coast Elevator Services $40,556.20
Westcoast Fitness Fixations Inc.$36,473.92
Westridge Security Ltd.$87,095.40
Westview Sales Ltd.$69,662.32
Whonnock Roofing Ltd.$37,083.20
Wilco Civil Inc.$607,831.83
Willis Canada Inc.$426,348.00
Winvan Paving Ltd.$71,323.27
Workers Compensation Board $363,338.28
Xylem Canada Company $40,007.68
Young, Anderson - Barristers $329,559.65
Zone West Enterprises Ltd.$31,826.96
63,246,203
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
District of Maple Ridge-Statement of Financial Information
Page 20 of 34
The Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple RidgeThe Corporation of the District of Maple Ridge
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision Schedule Showing Payments Made for the Provision
of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012of Goods or Services for 2012
2222 Consolidated total paid to suppliers who received aggregate payments of $25,000 or lessConsolidated total paid to suppliers who received aggregate payments of $25,000 or lessConsolidated total paid to suppliers who received aggregate payments of $25,000 or lessConsolidated total paid to suppliers who received aggregate payments of $25,000 or less
4,488,876
3333 Total of payments to suppliers for grants and contributions exceeding $25,000Total of payments to suppliers for grants and contributions exceeding $25,000Total of payments to suppliers for grants and contributions exceeding $25,000Total of payments to suppliers for grants and contributions exceeding $25,000
Consolidated total of grants exceeding $25,000 30,000
Consolidated total of contributions exceeding $25,000 -
Consolidated total of all grants and
contributions exceeding $25,000 30,000
4444 ReconciliationReconciliationReconciliationReconciliation
Total of aggregate payments exceeding $25,000 paid to suppliers $63,246,203
Consolidated total of payments of $25,000 or less paid to suppliers $4,488,876
Consolidated total of all grants and contributions exceeding $25,000 $30,000
Reconciling items Explanation below
Total per Financial Statements, Expenditures & Expenses, Goods & Services including Capital $64,125,897
Variance $(3,639,182)
Expenditures in the statements are on an accrual basis, whereas amounts paid are on a cash basis. It is
important to note that not all payments are expenditures and that not all expenditures are payments.
It is not practical to reconcile to those sets of data.
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
District of Maple Ridge-Statement of Financial Information
Page 21 of 34
Consolidated Statement of Cash FlowConsolidated Statement of Cash FlowConsolidated Statement of Cash FlowConsolidated Statement of Cash Flow
For the year ended December 31, 2012
ActualActualActualActual
Restated
Actual
2012201220122012 2011
(Note 12)
Operating transactionsOperating transactionsOperating transactionsOperating transactions
Annual surplusAnnual surplusAnnual surplusAnnual surplus $22,573,427$22,573,427$22,573,427$22,573,427 $33,908,871
Items not utilizing cashItems not utilizing cashItems not utilizing cashItems not utilizing cash
Amortization 17,620,75417,620,75417,620,75417,620,754 17,135,746
Loss on disposal of tangible capital assets 1,530,7611,530,7611,530,7611,530,761 632,238
Contributed tangible capital assets (16,709,523)(16,709,523)(16,709,523)(16,709,523)(19,875,197)
Restricted revenues drawn in (4,777,088)(4,777,088)(4,777,088)(4,777,088)(3,615,693)
(2,335,096)(2,335,096)(2,335,096)(2,335,096)(5,722,906)
Change in non-cash operating itemsChange in non-cash operating itemsChange in non-cash operating itemsChange in non-cash operating items
Increase in prepaid expenses (182,654)(182,654)(182,654)(182,654)(43,647)
Decrease (increase) in supplies inventory 97,26097,26097,26097,260 (6,391)
Decrease (increase) in accounts receivable (1,916,670)(1,916,670)(1,916,670)(1,916,670)(1,145,435)
Decrease (increase) in recoverable local improvements (216,206)(216,206)(216,206)(216,206)703,568
Decrease (increase) in other assets (74,116)(74,116)(74,116)(74,116)(20,136)
Decrease (increase) in inventory available for resale ----471,471
Increase (decrease) in accounts payable and accrued liabilities (208,203)(208,203)(208,203)(208,203)920,698
Increase (decrease) in deferred revenue 308,019308,019308,019308,019 (3,289,003)
Increase (decrease) in refundable performance deposits 3,212,7633,212,7633,212,7633,212,763 3,151,452
Increase (decrease) in employee future benefits 60,60060,60060,60060,600 273,400
1,080,7931,080,7931,080,7931,080,793 1,015,977
Cash provided by operating transactions 21,319,12421,319,12421,319,12421,319,124 29,201,942
Capital transactionsCapital transactionsCapital transactionsCapital transactions
Proceeds on disposal of tangible capital assets 74,09774,09774,09774,097 820,825
Cash used to acquire tangible capital assets (15,005,876)(15,005,876)(15,005,876)(15,005,876)(26,736,384)
Reclassificaton of land bank properties 383,857383,857383,857383,857 -
Cash applied to capital transactions (14,547,922)(14,547,922)(14,547,922)(14,547,922)(25,915,559)
Investing transactionsInvesting transactionsInvesting transactionsInvesting transactions
Decrease (increase) in portfolio investments 57,497,58757,497,58757,497,58757,497,587 (11,954,127)
57,497,58757,497,58757,497,58757,497,587 (11,954,127)
Financing transactionsFinancing transactionsFinancing transactionsFinancing transactions
Proceeds from debt issues 5,520,0005,520,0005,520,0005,520,000 -
Debt repayment (1,938,761)(1,938,761)(1,938,761)(1,938,761)(1,878,010)
Collection of restricted revenues 9,091,6699,091,6699,091,6699,091,669 7,481,816
Cash applied to financing transactions 12,672,90812,672,90812,672,90812,672,908 5,603,806
Increase in cash and temporary investmentsIncrease in cash and temporary investmentsIncrease in cash and temporary investmentsIncrease in cash and temporary investments 76,941,69776,941,69776,941,69776,941,697 (3,063,938)
Cash and temporary investments - beginning of year 26,998,66126,998,66126,998,66126,998,661 30,062,599
Cash and temporary investments - end of yearCash and temporary investments - end of yearCash and temporary investments - end of yearCash and temporary investments - end of year $103,940,358$103,940,358$103,940,358$103,940,358 $26,998,661
Supplementary information:Supplementary information:Supplementary information:Supplementary information:
Non-cash transactions:
Transfer from undeveloped landbank properties to tangible capital assets 383,857 -
Transfer from inventory available for resale to tangible capital assets -471,471
a). The notes to the Consolidated Financial Statements are an integral part of this statement
b). Contingencies, Commitments and Unrecognized Liabilities (Note 10)
c). Pension Plan (Note 4)
District of Maple Ridge-Statement of Financial Information
Page 22 of 34
Consolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial Assets
For the year ended December 31, 2012
Actual Actual Actual Actual Budget
Restated
Actual
2012 2012 2012 2012 2012
(Note 14)
2011
(Note 12)
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus $$$$22,573,42722,573,42722,573,42722,573,427 $37,835,513 $33,908,871
Add (Less):Add (Less):Add (Less):Add (Less):
Change in Tangible Capital AssetsChange in Tangible Capital AssetsChange in Tangible Capital AssetsChange in Tangible Capital Assets
Acquisition of tangible capital assets (31,715,399)(31,715,399)(31,715,399)(31,715,399)(97,311,137)(46,295,458)
Amortization 17,620,75417,620,75417,620,75417,620,754 18,015,247 17,135,746
Proceeds from disposal of tangible capital assets 74,10074,10074,10074,100 -820,825
Loss(gain) on disposal of tangible capital assets 1,530,7611,530,7611,530,7611,530,761 -632,238
(12,489,784)(12,489,784)(12,489,784)(12,489,784)(79,295,890)(27,706,649)
Change in Other Non Financial AssetsChange in Other Non Financial AssetsChange in Other Non Financial AssetsChange in Other Non Financial Assets
Decrease (increase) in supplies inventory 97,25897,25897,25897,258 -(6,389)
Reclassification of undeveloped land bank 383,857383,857383,857383,857 --
Acquisition of land bank properties -----(316,123)
Decrease (increase) in prepaid expenses (182,654)(182,654)(182,654)(182,654)-(43,647)
298,461298,461298,461298,461 -(366,159)
Increase (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial Assets 10,382,10410,382,10410,382,10410,382,104 $(41,460,377)5,836,063
Net Financial Assets beginning of the yearNet Financial Assets beginning of the yearNet Financial Assets beginning of the yearNet Financial Assets beginning of the year 22,339,12422,339,12422,339,12422,339,124 22,339,124 16,503,061
Net Financial Assets end of the yearNet Financial Assets end of the yearNet Financial Assets end of the yearNet Financial Assets end of the year $$$$32,721,22832,721,22832,721,22832,721,228 $(19,121,253)$22,339,124
a). The notes to the Consolidated Financial Statements are an integral part of this statement
b). Contingencies, Commitments and Unrecognized Liabilities (Note 10)
c). Pension Plan (Note 4)
District of Maple Ridge-Statement of Financial Information
Page 23 of 34
Notes to the Consolidated Financial StatementsNotes to the Consolidated Financial StatementsNotes to the Consolidated Financial StatementsNotes to the Consolidated Financial Statements
For the year ended December 31, 2012For the year ended December 31, 2012For the year ended December 31, 2012For the year ended December 31, 2012
1.1.1.1. Cash and InvestmentsCash and InvestmentsCash and InvestmentsCash and Investments
Cash and Temporary Investments:Cash and Temporary Investments:Cash and Temporary Investments:Cash and Temporary Investments:
Cash and temporary investments as at December 31, 2012 were comprised as follows:
Dec 31, 2012Dec 31, 2012Dec 31, 2012Dec 31, 2012 Dec 31, 2011
Cash $$$$15,782,58915,782,58915,782,58915,782,589 $4,929,549
Temporary Investments 88,157,76988,157,76988,157,76988,157,769 22,069,112
$$$$103,940,358103,940,358103,940,358103,940,358 $26,998,661
Temporary investments are comprised of BC Credit Union term deposits and Canadian bank notes with effective
interest rates of 1.8% - 2.45%. Additionally, the District holds temporary investments of $1,819,883$1,819,883$1,819,883$1,819,883 ($1,652,394
for 2011) and agreements receivable of $449,909$449,909$449,909$449,909 ($258,450 for 2011) for trusts which are not reported
elsewhere in the financial statements. They are held for the following trusts:
Balance
Dec 31, 2011
Interest
Earned Receipts Disbursements
Balance
Dec 31, 2012
Latecomer Fees $65,223 $-$70,854 $72,824 $$$$63,25363,25363,25363,253
Cemetery Perpetual Care 825,040 16,540 44,805 16,540 869,845869,845869,845869,845
Greater Vancouver Sewer & Drainage
District
469,095 -873,733 478,798 864,030864,030864,030864,030
Albion Dyking District 551,486 342 184,215 263,379 472,664472,664472,664472,664
$1,910,844 $16,882 $1,173,607 $831,541 $$$$2,269,7922,269,7922,269,7922,269,792
Portfolio InvestmentsPortfolio InvestmentsPortfolio InvestmentsPortfolio Investments
Portfolio investments include Canadian bank notes and BC Credit Union term deposits with effective interest rates
of 2.25-2.63%. A portion of the bank notes held have interest payments linked to the performance of a set of
equities or a financial index without stated or certain interest rates. For these investments, income is recognized
as it is received; in 2012 returns were positive and ranged to 6.74%. Included in interest earnings are gains on
the sale of investments before maturity. In 2012 gains totalled $936,534$936,534$936,534$936,534 ($1,148,044 for 2011). The District
does not hold any asset backed commercial paper or hedge funds.
The carrying value of securities is based on the cost method whereby the cost of the security is adjusted to reflect
investment income that is accruing and any permanent decline in market value. During the term of individual
investments there will be fluctuations in market values. Such fluctuations are considered normal, and if held to
maturity, market value will be equal to face value.
The carrying value of Portfolio Investments at December 31, 2012 was $33,315,006$33,315,006$33,315,006$33,315,006 ($90,812,593 for 2011).
The market value at December 31, 2012 was $32,913,810$32,913,810$32,913,810$32,913,810 ($90,362,851 for 2011).
2.2.2.2. Accounts ReceivableAccounts ReceivableAccounts ReceivableAccounts Receivable
2012201220122012 2011
Property Taxes $$$$6,577,8016,577,8016,577,8016,577,801 $6,258,187
Other Governments 5,739,0565,739,0565,739,0565,739,056 4,770,393
General and Accrued Interest 2,109,9512,109,9512,109,9512,109,951 2,531,650
Development Cost Charges 5,195,6595,195,6595,195,6595,195,659 4,163,340
19,622,46719,622,46719,622,46719,622,467 17,723,570
Less: Allowance for Doubtful Accounts (158,327)(158,327)(158,327)(158,327)(176,100)
$$$$19,464,14019,464,14019,464,14019,464,140 $17,547,470
District of Maple Ridge-Statement of Financial Information
Page 24 of 34
3. 3. 3. 3. Recoverable Local ImprovementsRecoverable Local ImprovementsRecoverable Local ImprovementsRecoverable Local Improvements
The District provides interim financing for certain geographically localized capital projects. It recovers these
amounts either from benefiting property owners or from provincial subsidies. Interest rates are established at the
outset of the process and are a function of borrowing rates at the time. Repayment is typically made over fifteen
years. As at December 31, 2012 the recoverable balance was comprised as follows:
2012201220122012 2011
Recoverable from property ownersRecoverable from property ownersRecoverable from property ownersRecoverable from property owners $$$$1,853,3101,853,3101,853,3101,853,310 $1,637,104
4.4.4.4. Pension PlanPension PlanPension PlanPension Plan
The District and its employees contribute to the Municipal Pension Plan (the Plan), a jointly trusteed pension plan.
The board of trustees, representing plan members and employers, is responsible for overseeing the management
of the Plan, including investment of the assets and administration of benefits. The Plan is a multi-employer
contributory pension plan. Basic pension benefits provided are based on a formula. The plan has about 176,000
active members and approximately 67,000 retired members. Active members include approximately 35,000
contributors from local governments.
The most recent acturial valuation as at December 31, 2009 indicated a $1,024 million funding deficit for basic
pension benefits. The next valuation will be as at December 31, 2012 with results available in 2013. Defined
contribution plan accounting is applied to the Plan as the Plan exposes the participating entities to actuarial risks
associated with the current and former employees of other entities, with the result that there is no consistent and
reliable basis for allocating the obligation, Plan assets and cost to individual entities participating in the Plan.
The District paid $2,544,592$2,544,592$2,544,592$2,544,592 (2011 - $2,360,765 ) for employer contributions to the Plan in fiscal 2012, while
employees contributed $2,127,243$2,127,243$2,127,243$2,127,243 (2011 - $1,946,622) to the plan in fiscal 2012.
5.5.5.5. Accounts Payable and Accrued LiabilitiesAccounts Payable and Accrued LiabilitiesAccounts Payable and Accrued LiabilitiesAccounts Payable and Accrued Liabilities
2012201220122012 2011
Accounts Payable:Accounts Payable:Accounts Payable:Accounts Payable:
General $$$$4,235,3944,235,3944,235,3944,235,394 $5,093,886
Other Governments 7,204,1437,204,1437,204,1437,204,143 6,741,112
Salaries and Wages 810,799810,799810,799810,799 663,536
12,250,33612,250,33612,250,33612,250,336 12,498,534
Accrued Liabilities:Accrued Liabilities:Accrued Liabilities:Accrued Liabilities:
Vacation Pay 304,050304,050304,050304,050 264,805
Other Vested Benefits 379,883379,883379,883379,883 379,133
683,933683,933683,933683,933 643,938
$$$$ 12,934,26912,934,26912,934,26912,934,269 $ 13,142,472
District of Maple Ridge-Statement of Financial Information
Page 25 of 34
6.6.6.6.Long Term Debt (Schedule 4)Long Term Debt (Schedule 4)Long Term Debt (Schedule 4)Long Term Debt (Schedule 4)
The District obtains debt instruments through the Municipal Finance Authority (MFA), pursuant to security issuing
bylaws under authority of the Community Charter, to finance certain capital expenditures. Debt is reported net of
Sinking Fund balances and interest expense is reported net of Sinking Fund earnings.
The District carries no debt for others.
Debt issued and outstanding as at December 31, 2012 was $42,086,722$42,086,722$42,086,722$42,086,722 ($38,505,484 for 2011). The
following debenture debt amounts plus related interest are payable over the next five years:
2013201320132013 2014201420142014 2015201520152015 2016201620162016 2017201720172017
$2,428,959 $2,465,754 $2,503,588 $2,542,491 $2,582,492
The District has the following authorized but un-issued long term debt as at December 31, 2012 :
L/A Bylaw L/A Amount Expiry Date
#6558 $6,000,000 July 2013
#6560 275,000 July 2013
#6561 10,671,185 July 2013
#6679 1,100,000 September 2014
#6680 4,680,000 September 2014
$22,726,185
7.7.7.7. Other AssetsOther AssetsOther AssetsOther Assets
Debt Reserve Fund:
The Municipal Finance Authority of British Columbia provides capital financing for regional districts and their
member municipalities. The Authority is required to establish a Debt Reserve Fund. Each regional district, through
its member municipalities who share in the proceeds of a debt issue, is required to pay into the Debt Reserve Fund
certain amounts set out in the debt agreements. The Authority pays into the Debt Reserve Fund these monies from
which interest earned thereon less administrative expenses becomes an obligation to the regional districts. It must
then use this fund, if at any time there are insufficient funds, to meet payments on its obligations. If this occurs,
the regional districts may be called upon to restore the fund.
Upon the maturity of a debt issue the unused portion of the Debt Reserve Fund established for that issue will be
discharged to the District. The District has estimated that there is only a remote possibility that these funds will
not be paid to it and therefore these funds have been included in Other Assets of $684,971$684,971$684,971$684,971 ($610,856 for 2011).
8.8.8.8. Employee Future BenefitsEmployee Future BenefitsEmployee Future BenefitsEmployee Future Benefits
The District provides employee future benefits in the form of severance benefits and vested and non-vested sick
leave to qualifying employees. These benefits are not separately funded.
Severance benefits are cash settlements paid to employees who cease their employment with the District after a
specified period of time. Full time employees hired before February 11, 1999 qualify for five days pay per year of
employment, provided they either work a minimum of 20 years with the District or retire as defined by the Public
Sector Pension Plan Act. Full time employees hired after February 11, 1999 qualify for 20 days pay provided they
work a minimum of 10 years with the District and retire as defined by the Public Sector Pension Plan Act.
The District permits full time employees to accumulate up to 18 days per year of service for future illnesses up to a
maximum of 250 days. For certain qualifying employees a portion of this benefit vests; for the balance, this benefit
does not vest and cannot be converted to any other type of benefit.
District of Maple Ridge-Statement of Financial Information
Page 26 of 34
An actuarial valuation of these benefits was performed to determine the District's liability and accrued benefit
obligation as at December 31, 2012. The valuation resulted in an unamortized actuarial gain of $2,600$2,600$2,600$2,600
($700,900 loss for 2011 ) at December 31, 2012. Actuarial gains or losses are amortized over the expected
average remaining service life of employees. The benefit liability at December 31, 2012 was $4,745,500$4,745,500$4,745,500$4,745,500 ,
($4,684,900 for 2011) comprised as follows:
2012201220122012 2011
Benefit Liability - Beginning of the year $$$$4,684,9004,684,9004,684,9004,684,900 $4,411,500
Add:Current service costs 396,000396,000396,000396,000 341,900
Interest on accrued benefit obligation 187,500187,500187,500187,500 213,400
Less:Amortization of actuarial loss (gain) 69,60069,60069,60069,600 44,500
Benefits paid during the year (592,500)(592,500)(592,500)(592,500)(326,400)
Benefit Liability - End of the year 4,745,5004,745,5004,745,5004,745,500 4,684,900
Less:Unamortized actuarial loss (gain)(2,600)(2,600)(2,600)(2,600)700,900
Accrued benefit obligation - End of the year 4,742,9004,742,9004,742,9004,742,900 5,385,800
Actuarial assumptions used to determine the District's accrued benefit obligation are as follows:
2012 2012 2012 2012 2011
Discount rate (long-term borrowing rate)3.30 %3.30 %3.30 %3.30 %3.40 %
Expected future inflation rate 2.50 %2.50 %2.50 %2.50 %2.50 %
Merit and inflationary wage and salary increases averaging 3.55 %3.55 %3.55 %3.55 %4.55 %
Estimated average remaining service life of employees (years)10.210.210.210.2 10.3
9.9.9.9. Property Tax LeviesProperty Tax LeviesProperty Tax LeviesProperty Tax Levies
In addition to its own tax levies, the District is required to levy taxes on behalf of various other taxing authorities.
These include the provincial government for local school taxes, incorporated dyking districts located within the
District and, organizations providing regional services in which the District has become a member. Total tax levies
for 2012 of $102,750,611$102,750,611$102,750,611$102,750,611 , ($98,359,060 for 2011) were comprised as follows.
2012201220122012 2011
Municipal Tax LeviesMunicipal Tax LeviesMunicipal Tax LeviesMunicipal Tax Levies $$$$64,939,42364,939,42364,939,42364,939,423 $61,065,872
Levies for other authoritiesLevies for other authoritiesLevies for other authoritiesLevies for other authorities
School taxes 30,103,73630,103,73630,103,73630,103,736 29,434,404
Greater Vancouver Transit Authority 5,500,4205,500,4205,500,4205,500,420 5,623,557
British Columbia Assessment Authority 896,645896,645896,645896,645 897,324
Greater Vancouver Regional District 816,431816,431816,431816,431 904,315
Dyking Districts 491,107491,107491,107491,107 430,826
Municipal Finance Authority 2,8492,8492,8492,849 2,762
Total Collections for OthersTotal Collections for OthersTotal Collections for OthersTotal Collections for Others 37,811,18837,811,18837,811,18837,811,188 37,293,188
Total Tax LeviesTotal Tax LeviesTotal Tax LeviesTotal Tax Levies $$$$ 102,750,611102,750,611102,750,611102,750,611 $ 98,359,060
District of Maple Ridge-Statement of Financial Information
Page 27 of 34
10.10.10.10.Contingencies, Commitments and Unrecognized Liabilities:Contingencies, Commitments and Unrecognized Liabilities:Contingencies, Commitments and Unrecognized Liabilities:Contingencies, Commitments and Unrecognized Liabilities:
(a)(a)(a)(a) Third Party ClaimsThird Party ClaimsThird Party ClaimsThird Party Claims
Where losses related to litigation are possible and can be reasonably estimated management accrues its
best estimate of loss. For 2012 this estimate is $502,816$502,816$502,816$502,816 ($458,860 for 2011). These amounts are
included in accounts payable and accrued liabilities.
There are various other claims by and against the District, the outcome of which cannot be reasonably be
estimated. Any ultimate settlements will be recorded in the year the settlements occur.
(b)(b)(b)(b) Contractual ObligationsContractual ObligationsContractual ObligationsContractual Obligations
(i) Water
(a) The District has entered into a cost share agreement with the Greater Vancouver Water District for
the construction of infrastructure. Under this agreement the District expects to incur costs of
approximately $4,539,256$4,539,256$4,539,256$4,539,256 over the next 2 years. The liability is recorded as the related costs are
incurred.
(ii) Recreation and Cultural Services
(a) In 1998 the District entered into an agreement to purchase ice sheet time for five years
commencing in 1999, with a five-year renewal option. In August 2008, the District renewed the
agreement for an additional five-year period. The minimum annual payment due for the provision
of ice time is $609,225. These payments are recorded as expenses when the ice time is provided.
(c)(c)(c)(c) Unrecognized LiabilityUnrecognized LiabilityUnrecognized LiabilityUnrecognized Liability
The District holds shares in a non-profit organization that provides protective services to its members. Should
the organization dissolve or management choose to withdraw from the organization the District would be
liable for a proportionate share of any debt the organization held at that time. The liability is expected to be
discharged over time through payments by the District and others for the provision of these services by the
organization. Due to the ongoing operations of the organization the liability could only be quantified if the
District chose to withdraw. Consequently no liability has been recognized in these financial statements.
11.11.11.11. Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
Restricted revenues held by the District as at December 31, 2012 of $45,357,203$45,357,203$45,357,203$45,357,203 , ($41,042,622 for 2011) were
comprised as follows:
DevelopmentDevelopmentDevelopmentDevelopment
Cost ChargesCost ChargesCost ChargesCost Charges
ParklandParklandParklandParkland
Acquisition ChargesAcquisition ChargesAcquisition ChargesAcquisition Charges
ActualActualActualActual Actual ActualActualActualActual Actual
2012201220122012 2011 2012201220122012 2011
Beginning Balance $$$$35,660,97435,660,97435,660,97435,660,974 $32,211,726 $$$$295,082295,082295,082295,082 $162,355
Collections and interest 8,629,6148,629,6148,629,6148,629,614 7,020,123 252,785252,785252,785252,785 166,482
Disbursements - operating (2,086,325)(2,086,325)(2,086,325)(2,086,325)(610,934)-----
Disbursements - capital (2,662,518)(2,662,518)(2,662,518)(2,662,518)(2,959,941)11,60611,60611,60611,606 (33,755)
Ending Balance $$$$ 39,541,74539,541,74539,541,74539,541,745 $ 35,660,974 $$$$ 559,473559,473559,473559,473 $ 295,082
OtherOtherOtherOther
Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
TotalTotalTotalTotal
Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
ActualActualActualActual Actual ActualActualActualActual Actual
2012201220122012 2011 2012201220122012 2011
Beginning Balance $$$$5,086,5665,086,5665,086,5665,086,566 $4,802,418 $$$$41,042,62241,042,62241,042,62241,042,622 $37,176,499
Collections and interest 209,270209,270209,270209,270 295,212 9,091,6699,091,6699,091,6699,091,669 7,481,817
Disbursements - operating (29,851)(29,851)(29,851)(29,851)(11,064)(2,116,176)(2,116,176)(2,116,176)(2,116,176)(621,998)
Disbursements - capital (10,000)(10,000)(10,000)(10,000)-(2,660,912)(2,660,912)(2,660,912)(2,660,912)(2,993,696)
Ending Balance $$$$ 5,255,9855,255,9855,255,9855,255,985 $ 5,086,566 $$$$ 45,357,20345,357,20345,357,20345,357,203 $ 41,042,622
District of Maple Ridge-Statement of Financial Information
Page 28 of 34
12. 12. 12. 12. Prior Period AdjustmentsPrior Period AdjustmentsPrior Period AdjustmentsPrior Period Adjustments
In 2009, the District adopted the provisions of Section 3150 of the PSAB Handbook and recorded the District's
tangible capital assets, net of related amortization, as non-financial assets. During 2012, additional information
became available about the District's inventory of tangible capital assets and the financial statements have been
retroactively adjusted. The change represents less than 1% of tangible capital assets.
The impact of these changes was to:
- Decrease opening accumulated surplus by $5,243,111
- Decrease closing accumulated surplus by $6,817,939 as follows:
2011 2011
(restated)(previously reported)
Net Financial Position $22,339,124 $22,339,124
Tangible capital assets (book value)801,626,175 808,444,114
Undeveloped land bank 14,832,041 14,832,041
Other non-financial assets 847,673 847,673
Accumulated Surplus $839,645,013 $846,462,952
- Decrease annual surplus by $1,574,829 as follows:
2011 2011
(restated)(previously reported)
Revenues $134,315,519 $136,022,470
Expenses (expenditures) other than capital and
amortization
83,270,902 83,270,902
Amortization expense 17,135,746 17,267,869
Annual Surplus 33,908,871 35,483,699
13. Tangible Capital Assets13. Tangible Capital Assets13. Tangible Capital Assets13. Tangible Capital Assets
Net book valueNet book valueNet book valueNet book value
2012201220122012 2011
(restated)
Land $$$$171,409,480171,409,480171,409,480171,409,480 $163,775,804
Buildings 52,129,37152,129,37152,129,37152,129,371 54,492,347
Transportation network 185,773,678185,773,678185,773,678185,773,678 183,056,307
Storm system 163,640,326163,640,326163,640,326163,640,326 159,840,958
Fleet and equipment 12,514,73612,514,73612,514,73612,514,736 12,531,688
Technology 3,763,2253,763,2253,763,2253,763,225 3,822,127
Water system 96,954,17196,954,17196,954,17196,954,171 95,566,948
Sanitary system 115,537,232115,537,232115,537,232115,537,232 115,907,266
Other 12,393,74112,393,74112,393,74112,393,741 12,632,730
$$$$814,115,960814,115,960814,115,960814,115,960 $801,626,175
For additional information, see the Schedule of Tangible Capital Assets (Schedule 5)
During the year there were no write-downs of assets (2011 - $Nil) and no interest was capitalized (2011 - $Nil).
In addition, roads and related infrastructure, underground networks and land contributed to the District totaled
$16,709,523$16,709,523$16,709,523$16,709,523 ($19,875,197 for 2011) and were capitalized at their fair value at the time of
receipt.
Works of art, artifacts, cultural and historic assets are not recorded as assets in the financial statements. The
District controls various works of art and historical treasures including artifacts, paintings, sculptures and
mosaics located at District sites and public display areas.
District of Maple Ridge-Statement of Financial Information
Page 29 of 34
14. Budget14. Budget14. Budget14. Budget
Budget amounts represent the Financial Plan Bylaw adopted by Council on May 8, 2012. The Financial Plan
anticipated use of suprluses accumulated in previous years to balance against current year expenditures in
excess of current year revenues.
The following shows how these amounts were combined:
Financial Plan Financial Plan Financial Plan Financial Plan
Bylaw Bylaw Bylaw Bylaw
Financial Statement Financial Statement Financial Statement Financial Statement
Budget Budget Budget Budget
RevenueRevenueRevenueRevenue
Taxation $65,038,017 $65,038,017
User fees and other revenue 35,086,269 35,086,269
Other 42,976,048 42,976,048
Contributed subdivision infrastructure 12,250,000 12,250,000
Total RevenueTotal RevenueTotal RevenueTotal Revenue 155,350,334 155,350,334
ExpensesExpensesExpensesExpenses
Protective services 32,344,677 32,344,677
Transportation services 17,287,026 17,287,026
Recreation and cultural 21,635,975 21,635,975
Water utility 16,281,644 16,281,644
Sewer utility 10,059,710 10,059,710
General Government 15,584,156 15,584,156
Planning, public health and other 4,321,633 4,321,633
Total expensesTotal expensesTotal expensesTotal expenses 117,514,821 117,514,821
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus $$$$37,835,51337,835,51337,835,51337,835,513 $$$$37,835,51337,835,51337,835,51337,835,513
Less:
Capital expenditures 97,311,137
Debt repayment 4,438,689
Add:
Interfund transfers 13,397,881
Amortization 18,015,247
Borrowing proceeds 32,501,185
$-
15.15.15.15. Accumulated SurplusAccumulated SurplusAccumulated SurplusAccumulated Surplus
Accumulated Surplus is comprised of operating surpluses and equity in tangible capital assets held in the
general, sewer and water funds as well as reserves. Accumulated surplus for 2012 is $862,218,440 $862,218,440 $862,218,440 $862,218,440
($839,645,013 for 2011) and is distributed as follows:
2012201220122012
Restated
2011
Operating surplus (Schedule 1)General $$$$6,091,1626,091,1626,091,1626,091,162 $5,750,719
Sewer 3,139,7763,139,7763,139,7763,139,776 2,508,311
Water 4,004,1574,004,1574,004,1574,004,157 3,176,352
13,235,09513,235,09513,235,09513,235,095 11,435,382
Equity in tangible capital assets (Schedule 2)General 572,957,588572,957,588572,957,588572,957,588 561,498,185
Sewer 116,943,297116,943,297116,943,297116,943,297 117,329,209
Water 98,005,90398,005,90398,005,90398,005,903 96,474,772
787,906,788787,906,788787,906,788787,906,788 775,302,166
Reserves (Schedule 3)Funds 29,908,83629,908,83629,908,83629,908,836 25,144,547
Accounts 31,167,72131,167,72131,167,72131,167,721 27,762,918
61,076,55761,076,55761,076,55761,076,557 52,907,465
Accumulated Surplus $$$$862,218,440862,218,440862,218,440862,218,440 $839,645,013
District of Maple Ridge-Statement of Financial Information
Page 30 of 34
16. Expenditures and Expenses by Object16. Expenditures and Expenses by Object16. Expenditures and Expenses by Object16. Expenditures and Expenses by Object
Operations
Capital
Acquisitions 2012 Total 2012 Budget
Restated
2011 Total
Goods and services 49,979,189 14,146,708 64,125,897 155,909,168 71,681,325
Wages and salaries 36,623,805 859,168 37,482,973 38,106,533 35,934,163
Interest 2,372,700 -2,372,700 2,795,009 2,391,798
Total Expenditures 88,975,694 15,005,876 103,981,570 196,810,710 110,007,286
Amortization expenses 17,620,754 -17,620,754 18,015,247 17,135,746
Contributed tangible
capital assets -16,709,523 16,709,523 12,250,000 21,582,148
Total Expenditures and
Expenses 106,596,448 31,715,399 138,311,847 227,075,957 148,725,180
17.17.17.17. Undeveloped Land BankUndeveloped Land BankUndeveloped Land BankUndeveloped Land Bank
The District owns property in various areas identified for future growth in the Official Community Plan. These
properties are not currently used in the provision of service to the citizens of Maple Ridge. The properties
represent a strategic, non-renewable resource available for the advancement of Councils' strategic plan.
18.18.18.18. Segmented InformationSegmented InformationSegmented InformationSegmented Information
This District is a diversified municipal government entity in the province of British Columbia that provides a wide
range of services to its citizens. Municipal services have been segmented by grouping activities that have
similar service objectives (by function) and separately disclosed in the segment report. Where certain activities
cannot be attributed to a specific segment they have been reported as unallocated. The segments and the
services they provide are as follows:
Protective ServicesProtective ServicesProtective ServicesProtective Services
Protective Services is comprised of the Ridge Meadows RCMP detachment, the Maple Ridge Fire Department,
bylaw enforcement, inspection services and emergency services. Services provided by the segment are focused
on protecting the citizens of Maple Ridge.
Transportation ServicesTransportation ServicesTransportation ServicesTransportation Services
Transportation Services is comprised of Engineering, Operations, Drainage and Roads. Services provided by the
segment include the construction and maintenance of transportation related infrastructure.
Recreation and CulturalRecreation and CulturalRecreation and CulturalRecreation and Cultural
Recreation and cultural services provides library services, access to recreation facilities and maintains and
operates District parks.
Water UtilityWater UtilityWater UtilityWater Utility
The Water Utility, in conjunction with Metro Vancouver, provides safe, clean, reliable water to the residents and
businesses of the District of Maple Ridge.
Sewer UtilitySewer UtilitySewer UtilitySewer Utility
The Sewer Utility collects waste water and transports it to treatment plants operated by Metro Vancouver in
addition to maintaining the sanitary sewer infrastructure.
General GovernmentGeneral GovernmentGeneral GovernmentGeneral Government
General Government provides administrative, legislative and support services for the District. Functions
include financial planning and reporting, information technology, economic development and communications.
Planning, Public Health and OtherPlanning, Public Health and OtherPlanning, Public Health and OtherPlanning, Public Health and Other
This segment is comprised of Planning, Recycling, Cemetery and Social Planning. Activities include land use
guidelines, development of the District's official community plan, management of the recycling contract and
improving the social well-being of the community.
UnallocatedUnallocatedUnallocatedUnallocated
Unallocated includes revenues and expenses that cannot be directly attributed to the activities of an identified
functional segment.
District of Maple Ridge-Statement of Financial Information
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There were twotwotwotwo severance agreements under which payment commenced between
the District of Maple Ridge and a non-unionized employee during the fiscal year 2012.
These agreements represent 14 months of compensation.*These agreements represent 14 months of compensation.*These agreements represent 14 months of compensation.*These agreements represent 14 months of compensation.*
*"Compensation" was determined based on salary.
THE CORPORATION OF THE DISTRICT OF MAPLE RIDGETHE CORPORATION OF THE DISTRICT OF MAPLE RIDGETHE CORPORATION OF THE DISTRICT OF MAPLE RIDGETHE CORPORATION OF THE DISTRICT OF MAPLE RIDGE
STATEMENT OF SEVERANCE AGREEMENTSSTATEMENT OF SEVERANCE AGREEMENTSSTATEMENT OF SEVERANCE AGREEMENTSSTATEMENT OF SEVERANCE AGREEMENTS
Prepared under the Financial Information Regulation, Schedule 1, subsection 6 (7) (a) (b)
District of Maple Ridge-Statement of Financial Information
Page 32 of 34
District of Maple Ridge-Statement of Financial Information
Page 33 of 34
Management’s Responsibility for Financial Reporting
The information in this Annual Report is the responsibility of management. The consolidated financial statements have
been prepared in accordance with Canadian Public Sector accounting guidelines as outlined under “Significant
Accounting Policies”.These include some amounts based on management’s best estimates and careful judgment.
Management maintains a system of internal accounting controls to provide reasonable assurance that assets are
safeguarded and that transactions are authorized, recorded, and reported properly.Management also administers a
program of proper business compliance.
BDO Canada LLP, the Municipality’s independent auditors have audited the accompanying financial st atements. Their
report accompanies this statement.
Council carries out its responsibility for the consolidated financial statements jointly with its Audit Committee. The
Committee meets with management on a scheduled basis and at least semi -annually with BDO Canada LLP to review
their activities and to discuss auditing, internal control, accounting policy, and financial reporting matters.BDO
Canada LLP has unrestricted access to the Municipality, the Audit Committee, and Council.Council approves the
consolidated financial statements, the Audit Committee reviews the recommendations of the independent auditors for
improvements to controls and as well as the actions of management to implement such recommendations.
Paul Gill, CGA Jim Rule
General Manager: Corporate & Financial Services Chief Administrative Officer
District of Maple Ridge-Statement of Financial Information
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