HomeMy WebLinkAboutStatement of Financial Information 2016
City of Maple Ridge
Statement of Financial
Information
2016
June 13, 2017
Notice to Reader
The Financial Information Act requires municipalities and other Government organizations to prepare
annual financial information and make it available to the public within six months of their fiscal year
end.
The information required by the Act for a municipality encompasses audited financial statements
and schedules disclosing guarantee and indemnity agreements, employee remuneration and
amounts paid to suppliers for the provision of goods and services.
A detail extract of the regulations accompanies this introduction and explains in some detail the
nature of this information.
Paul Gill, CPA, CGA
GM, Corporate & Financial Services
City of Maple Ridge - Statement of Financial Information
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Compliance with the Financial Information Regulation
The Financial Information Act (the Act) identifies organizations that must prepare financial
information and make it available to the public within six months of their fiscal year end. The City of
Maple Ridge (the City) is one of the organizations identified and therefore the attached Statement of
Financial Information has been prepared in order to comply with this legislation.
The Financial Information Regulation specifies the required content for these statements and
schedules. As such the City’s Statement of Financial Information includes the following:
The 2016 Consolidated Financial Statements, including a Schedule of Debt (Schedule 4). The
statements are prepared in accordance with generally accepted accounting principles and
include the accounting policies followed in preparing the financial statements.
The 2016 Schedule of Guarantee and Indemnity Agreements includes a list of financial
guarantees and indemnity agreements in force at December 31, 2016. The list includes the
names of the entities and the amount of money involved.
The 2016 Schedule of Remuneration and Expenses for elected officials and employees. For
elected officials the Schedule includes an alphabetical list of each member of Council, the total
amount of remuneration paid, the value of benefits received and the total amount of expenses
paid to or on behalf of that Council member during 2016. For employees, the schedule includes
an alphabetical list of each employee earning in excess of $75,000, the total amount of
remuneration paid and the total amount of expenses paid to or on behalf of that employee
during 2016. The total amount of expenses recorded includes only expenses reimbursed with
City funds. Expenses reimbursed by other organizations are excluded. In addition, the schedule
includes a total paid to all other employees during 2016 where the amounts paid are less than
the $75,000 threshold.
The 2016 Statement of Severance Agreements includes the number of severance agreements
made during 2016 by the City in respect of non-union employees and the number of equivalent
months’ gross salaries represented by these agreements.
The 2016 Schedule of Payments for the Provision of Goods or Services includes an alphabetical
list of the individuals or corporations where the total amount paid during 2016 exceeds
$25,000. In addition, the schedule includes a total of all amounts paid to all other suppliers
during 2016 where the amounts paid are less than the $25,000 threshold.
City of Maple Ridge - Statement of Financial Information
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City of Maple Ridge
2016 Statement of Financial Information
Table of Contents
Page
Audited Financial Statements (including a schedule of debts) 10
Schedule of Guarantee & Indemnity Agreements 40
Schedule of Remuneration & Expenses 41
Statement of Severance Agreements 45
Schedule of Payments for the Provision of Goods & Services 46
City of Maple Ridge - Statement of Financial Information
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City of Maple Ridge - Statement of Financial Information
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City of Maple Ridge
Consolidated Financial Statements
For the year ended December 31, 2016
City of Maple Ridge - Statement of Financial Information
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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 statements. Their
report accompanies this statement.
Council carries out its responsibility for the consolidated financial statements jointly with its Audit and Finance
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 and Finance Committee, and Council. Council
approves the consolidated financial statements, the Audit and Finance 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 E.C. Swabey
General Manager: Corporate & Financial Services Chief Administrative Officer
City of Maple Ridge - Statement of Financial Information
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INDEPENDENT AUDITOR’S REPORT
To the Mayor and Council of the City of Maple Ridge
We have audited the accompanying consolidated financial statements of the City of Maple Ridge, which
comprise the Consolidated Statement of Financial Position as at December 31, 2016, and the
Consolidated Statements of Operations, Change in Net Financial Assets and Cash Flow for the year then
ended, and a summary of significant accounting policies and other explanatory information.
Management's Responsibility for the Consolidated Financial Statements
Management is responsible for the preparation and fair presentation of these consolidated financial
statements in accordance with Canadian public sector accounting standards, and for such internal
control as management determines is necessary to enable the preparation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our
audit. We conducted our audit in accordance with Canadian generally accepted auditing standards.
Those standards require that we comply with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether the consolidated financial statements are free from
material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the consolidated financial statements. The procedures selected depend on the auditor’s judgment,
including the assessment of the risks of material misstatement of the consolidated financial
statements, whether due to fraud or error. In making those risk assessments, the auditor considers
internal control relevant to the entity's preparation and fair presentation of the consolidated financial
statements in order to design audit procedures that are appropriate in the circumstances, but not for
the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also
includes evaluating the appropriateness of accounting policies used and the reasonableness of
accounting estimates made by management, as well as evaluating the overall presentation of the
consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our audit opinion.
Opinion
In our opinion, the consolidated financial statements present fairly in all material respects, the
financial position of the City of Maple Ridge as at December 31, 2016 and its results of operations,
changes in net financial assets and cash flows for the year then ended, in accordance with Canadian
public sector accounting standards.
Chartered Professional Accountants
Vancouver, British Columbia
April 25, 2017
City of Maple Ridge - Statement of Financial Information
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Consolidated Financial Statements
Consolidated Statement of Financial PositionConsolidated Statement of Financial PositionConsolidated Statement of Financial PositionConsolidated Statement of Financial Position
as at December 31, 2016
2016 2016 2016 2016 2015
Financial AssetsFinancial AssetsFinancial AssetsFinancial Assets
Cash and cash equivalents (Note 1)$$$$19,542,09419,542,09419,542,09419,542,094 $10,146,294
Portfolio investments (Note 2)158,579,174158,579,174158,579,174158,579,174 159,495,941
Accounts receivable (Note 3)16,981,66116,981,66116,981,66116,981,661 18,923,067
Recoverable local improvements (Note 4)1,211,9361,211,9361,211,9361,211,936 1,573,096
Other assets (Note 5)779,296779,296779,296779,296 758,106
Inventory available for resale 4,304,6884,304,6884,304,6884,304,688 4,251,189
201,398,849201,398,849201,398,849201,398,849 195,147,693
LiabilitiesLiabilitiesLiabilitiesLiabilities
Accounts payable and accrued liabilities (Note 6)18,649,40318,649,40318,649,40318,649,403 17,918,881
Deferred revenue (Note 8)11,238,97211,238,97211,238,97211,238,972 10,667,777
Restricted revenue (Note 9)33,401,91433,401,91433,401,91433,401,914 41,686,047
Refundable performance deposits and other 15,853,20415,853,20415,853,20415,853,204 13,850,225
Employee future benefits (Note 10)4,704,7004,704,7004,704,7004,704,700 4,908,000
Debt (Note 11, Schedule 4)31,204,53231,204,53231,204,53231,204,532 34,063,639
115,052,725115,052,725115,052,725115,052,725 123,094,569
Net Financial AssetsNet Financial AssetsNet Financial AssetsNet Financial Assets 86,346,12486,346,12486,346,12486,346,124 72,053,124
Non Financial AssetsNon Financial AssetsNon Financial AssetsNon Financial Assets
Tangible capital assets (Note 12, Schedule 5)960,396,101960,396,101960,396,101960,396,101 910,891,167
Undeveloped land bank properties (Note 13)15,526,52915,526,52915,526,52915,526,529 15,580,027
Supplies inventory 355,162355,162355,162355,162 350,805
Prepaid expenses 1,277,8351,277,8351,277,8351,277,835 948,925
977,555,627977,555,627977,555,627977,555,627 927,770,924
Accumulated Surplus Accumulated Surplus Accumulated Surplus Accumulated Surplus (Note 14)$$$$1,063,901,7511,063,901,7511,063,901,7511,063,901,751 $999,824,048
Paul Gill, CPA, CGA Nicole Read
General Manager, Corporate & Financial Services Mayor, City of Maple Ridge
The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements
are an integral part of this statement.
City of Maple Ridge - Statement of Financial Information
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Consolidated Financial Statements
Consolidated Statement of OperationsConsolidated Statement of OperationsConsolidated Statement of OperationsConsolidated Statement of Operations
For the year ended December 31, 2016
Actual Actual Actual Actual Budget Actual
2016 2016 2016 2016
2016
(Note 17)
2015
Revenue Revenue Revenue Revenue (Segment Report, Note 20)
Taxes for municipal purposes (Note 15)$$$$77,452,20377,452,20377,452,20377,452,203 $77,377,354 $74,042,945
User fees and other revenue 43,211,34643,211,34643,211,34643,211,346 41,197,154 41,699,739
Government transfers (Note 16)2,775,7352,775,7352,775,7352,775,735 5,991,875 3,637,552
Development revenue 17,893,28117,893,28117,893,28117,893,281 39,560,375 12,855,808
Interest and investment income
Investment Income 350,914
Interest Income 2,539,619
Less: Restricted amount (412,145)
Interest and investment income 2,478,3882,478,3882,478,3882,478,388 1,882,980 2,417,402
Gaming revenues 1,338,6781,338,6781,338,6781,338,678 1,050,000 1,161,956
Gain (loss) on disposal of assets (3,833,337)(3,833,337)(3,833,337)(3,833,337)1,500,000 (1,668,305)
Contributed tangible capital assets (Note 12)39,062,79139,062,79139,062,79139,062,791 16,499,996 36,744,306
180,379,085180,379,085180,379,085180,379,085 185,059,734 170,891,403
Expenses Expenses Expenses Expenses (Segment Report, Note 20)
Protective services 35,844,56635,844,56635,844,56635,844,566 38,805,939 34,452,583
Transportation services 15,835,72215,835,72215,835,72215,835,722 20,121,816 17,651,339
Recreation and cultural 21,584,47821,584,47821,584,47821,584,478 23,316,336 21,562,840
Water utility 12,628,88212,628,88212,628,88212,628,882 14,263,929 15,615,936
Sewer utility 10,068,30710,068,30710,068,30710,068,307 10,387,576 9,837,523
General government 14,821,09914,821,09914,821,09914,821,099 18,198,317 14,357,496
Planning, public health and other 5,518,3285,518,3285,518,3285,518,328 6,117,476 5,914,820
116,301,382116,301,382116,301,382116,301,382 131,211,389 119,392,537
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus 64,077,70364,077,70364,077,70364,077,703 53,848,345 51,498,866
Accumulated Surplus beginning of yearAccumulated Surplus beginning of yearAccumulated Surplus beginning of yearAccumulated Surplus beginning of year 999,824,048999,824,048999,824,048999,824,048 999,824,048 948,325,182
Accumulated Surplus end of year Accumulated Surplus end of year Accumulated Surplus end of year Accumulated Surplus end of year (Note 14)$$$$1,063,901,7511,063,901,7511,063,901,7511,063,901,751 $1,053,672,393 $999,824,048
The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of
this statement.
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Consolidated Financial Statements
________________________________________________________
Consolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial AssetsConsolidated Statement of Change in Net Financial Assets
For the year ended December 31, 2016
Actual Actual Actual Actual Budget Actual
2016 2016 2016 2016 2016
(Note 17)
2015
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus $$$$64,077,70364,077,70364,077,70364,077,703 $53,848,345 $51,498,866
Add (Less):Add (Less):Add (Less):Add (Less):
Change in Tangible Capital AssetsChange in Tangible Capital AssetsChange in Tangible Capital AssetsChange in Tangible Capital Assets
Acquisition of tangible capital assets (71,729,097)(71,729,097)(71,729,097)(71,729,097)(108,747,589)(57,610,515)
Amortization 18,209,18018,209,18018,209,18018,209,180 19,780,000 19,935,997
Proceeds from disposal of tangible capital assets 181,645181,645181,645181,645 1,500,000 1,279,143
(Gain) loss on disposal of tangible capital assets 3,833,3373,833,3373,833,3373,833,337 (1,500,000)1,318,228
(49,504,935)(49,504,935)(49,504,935)(49,504,935)(88,967,589)(35,077,147)
Change in Other Non Financial AssetsChange in Other Non Financial AssetsChange in Other Non Financial AssetsChange in Other Non Financial Assets
Decrease (increase) in supplies inventory (4,357)(4,357)(4,357)(4,357)4 (13,908)
Reclassification of undeveloped land bank 53,49953,49953,49953,499 4 4
Reclassification of tangible capital assets 4444 4 4,226,923
Decrease (increase) in prepaid expenses (328,910)(328,910)(328,910)(328,910)4 (380,475)
(279,768)(279,768)(279,768)(279,768)4 3,832,540
Increase (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial AssetsIncrease (decrease) in Net Financial Assets 14,293,00014,293,00014,293,00014,293,000 $(35,119,244)20,254,259
Net Financial Assets beginning of the yearNet Financial Assets beginning of the yearNet Financial Assets beginning of the yearNet Financial Assets beginning of the year 72,053,12472,053,12472,053,12472,053,124 72,053,124 51,798,865
Net Financial Assets end of the yearNet Financial Assets end of the yearNet Financial Assets end of the yearNet Financial Assets end of the year $$$$86,346,12486,346,12486,346,12486,346,124 $36,933,880 $72,053,124
The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an
integral part of this statement
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Consolidated Financial Statements
________________________________________________________
Consolidated Statement of Cash FlowConsolidated Statement of Cash FlowConsolidated Statement of Cash FlowConsolidated Statement of Cash Flow
For the year ended December 31, 2016
ActualActualActualActual Actual
2016201620162016 2015
Operating transactionsOperating transactionsOperating transactionsOperating transactions
Annual surplusAnnual surplusAnnual surplusAnnual surplus $64,077,703$64,077,703$64,077,703$64,077,703 $51,498,866
Items not utilizing cashItems not utilizing cashItems not utilizing cashItems not utilizing cash
Amortization 18,209,18018,209,18018,209,18018,209,180 19,935,997
Loss on disposal of tangible capital assets 3,833,3373,833,3373,833,3373,833,337 1,668,305
Contributed tangible capital assets (39,062,791)(39,062,791)(39,062,791)(39,062,791)(36,744,306)
Restricted revenues recognized (17,026,027)(17,026,027)(17,026,027)(17,026,027)(12,455,022)
(34,046,301)(34,046,301)(34,046,301)(34,046,301)(27,595,026)
Change in non0cash operating itemsChange in non0cash operating itemsChange in non0cash operating itemsChange in non0cash operating items
Increase in prepaid expenses (328,909)(328,909)(328,909)(328,909)(380,475)
Decrease (increase) in supplies inventory (4,357)(4,357)(4,357)(4,357)(13,908)
Decrease (increase) in accounts receivable 1,941,4061,941,4061,941,4061,941,406 (12,680)
Decrease (increase) in recoverable local improvements 361,160361,160361,160361,160 199,290
Decrease (increase) in other assets (21,190)(21,190)(21,190)(21,190)(18,926)
Increase (decrease) in accounts payable and accrued liabilities 730,522730,522730,522730,522 703,805
Increase (decrease) in deferred revenue 571,194571,194571,194571,194 1,151,736
Increase (decrease) in refundable performance deposits 2,002,9792,002,9792,002,9792,002,979 1,843,301
Increase (decrease) in employee future benefits (203,299)(203,299)(203,299)(203,299)(178,600)
5,049,5065,049,5065,049,5065,049,506 3,293,543
Cash provided by operating transactions 35,080,90835,080,90835,080,90835,080,908 27,197,383
Capital transactionsCapital transactionsCapital transactionsCapital transactions
Proceeds on disposal of assets 181,645181,645181,645181,645 1,279,143
Acquisition of tangible capital assets (32,666,306)(32,666,306)(32,666,306)(32,666,306)(20,866,209)
Cash applied to capital transactions (32,484,661)(32,484,661)(32,484,661)(32,484,661)(19,587,066)
Investing transactionsInvesting transactionsInvesting transactionsInvesting transactions
Decrease (increase) in portfolio investments 916,766916,766916,766916,766 (18,743,908)
916,766916,766916,766916,766 (18,743,908)
Financing transactionsFinancing transactionsFinancing transactionsFinancing transactions
Debt repayment (2,859,107)(2,859,107)(2,859,107)(2,859,107)(2,764,386)
Collection of restricted revenues 8,741,8948,741,8948,741,8948,741,894 9,945,636
Cash applied to financing transactions 5,882,7875,882,7875,882,7875,882,787 7,181,250
Increase (decrease) in cash and cash equivalentsIncrease (decrease) in cash and cash equivalentsIncrease (decrease) in cash and cash equivalentsIncrease (decrease) in cash and cash equivalents 9,395,8009,395,8009,395,8009,395,800 (3,952,341)
Cash and cash equivalents 0 beginning of year 10,146,29410,146,29410,146,29410,146,294 14,098,635
Cash and cash equivalents 0 end of yearCash and cash equivalents 0 end of yearCash and cash equivalents 0 end of yearCash and cash equivalents 0 end of year $19,542,094$19,542,094$19,542,094$19,542,094 $10,146,294
Supplementary information:Supplementary information:Supplementary information:Supplementary information:
Non0cash transactions:
Transfer from tangible capital assets to undeveloped land bank $0 $1,194,867
Transfer from tangible capital assets to inventory available for sale $0 $4,226,923
The accompanying summary of signficant accounting policies and notes to the Consolidated Financial Statements are an integral part
of this statement
City of Maple Ridge - Statement of Financial Information
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Consolidated Financial Statements
___________________________________________________
Summary of Significant Accounting Policies Summary of Significant Accounting Policies Summary of Significant Accounting Policies Summary of Significant Accounting Policies
For the year ended December 31, 2016For the year ended December 31, 2016For the year ended December 31, 2016For the year ended December 31, 2016
The City of Maple Ridge (the "City") is a municipality in the province of British Columbia and operates
under the provisions of the Community Charter. The City provides municipal services such as fire,
public works, planning, parks, recreation and other general government services.
(a)(a)(a)(a) Reporting Entity and Basis of ConsolidationReporting Entity and Basis of ConsolidationReporting Entity and Basis of ConsolidationReporting Entity and Basis of Consolidation
These financial statements have been prepared in accordance with Canadian Public Sector
accounting standards using guidelines developed by the Public Sector Accounting Board
("PSAB") of the Chartered Professional Accountants of Canada.
They consolidate the activities of all of the funds of the City and the City's wholly owned
subsidiaries C.D.M.R. Developments Ltd. and Maple Ridge Municipal Holdings Ltd.
Transactions between the City's funds and wholly owned subsidiaries have been eliminated
and only transactions with outside entities are reported.
(b)(b)(b)(b) Basis of AccountingBasis of AccountingBasis of AccountingBasis of Accounting
The basis of accounting followed in these financial statements is the accrual method and
includes revenues in the period in which the transactions or events occurred that gave rise to
the revenues and expenses in the period the goods and services were acquired and a liability
was incurred.
(c)(c)(c)(c)Non4financial AssetsNon4financial AssetsNon4financial AssetsNon4financial Assets
Non4financial assets are not available to discharge existing liabilities and are held for use in
the provision of services. They have useful lives extending beyond the current year and are
not intended for sale in the ordinary course of business.
(d)(d)(d)(d) Tangible Capital AssetsTangible Capital AssetsTangible Capital AssetsTangible Capital Assets
Tangible capital assets are a special class of non4financial assets and are recorded at cost
less accumulated amortization. Cost includes all costs directly attributable to acquisition or
construction of the tangible capital asset including transportation and installation costs,
design and engineering fees, legal fees and site preparation costs. Amortization is recorded
on a straight line basis over the estimated life of the tangible capital asset commencing once
the asset is put into use. Assets under construction are not amortized. Contributed tangible
capital assets are recorded at fair value at the time of the contribution and are also recorded
as revenue.
Estimated useful lives of tangible capital assets are as follows:
Buildings (including building components)7 to 50 years
Transportation network 10 to 75 years
Storm sewer system 10 to 75 years
Fleet and equipment 8 to 20 years
Technology 3 to 25 years
Water system 10 to 85 years
Sanitary sewer system 30 to 75 years
Furniture and fixtures 3 to 20 years
Structures 15 to 75 years
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Consolidated Financial Statements
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Tangible capital assets do not include works of art or historical treasures. Costs related to the
acquisition of such items are expensed in the year in which they are acquired.
(e)(e)(e)(e) Liability for Contaminated SitesLiability for Contaminated SitesLiability for Contaminated SitesLiability for Contaminated Sites
Liabilities for contamination are recognized when an environmental standard exists,
contamination exceeds the standard, the City has responsibility for remediation, future
economic benefits will be given up and a reasonable estimate can be made.
Management has assessed its potential liabilities for contamination, including sites that are
no longer in productive use and sites for which the City accepts responsibility. There were no
such sites that had contamination in excess of an environmental standard requiring
remediation at this time, therefore no liability was recognized at December 31, 2016 or
December 31, 2015.
(f)(f)(f)(f) Revenue RecognitionRevenue RecognitionRevenue RecognitionRevenue Recognition
TaxationTaxationTaxationTaxation
Taxes are recorded at estimated amounts when they meet the definition of an asset, have
been authorized and the taxable event occurs. Annual levies for non4optional municipal
services and general administrative services are recorded as taxes for municipal services in
the year they are levied. Taxes receivable are recognized net of an allowance for anticipated
uncollectable amounts. Levies imposed by other taxing authorities are not included as taxes
for municipal purposes.
Through the British Columbia Assessments' appeal process, taxes may be adjusted by way of
supplementary roll adjustments. The effects of these adjustments on taxes are recognized at
the time they are awarded.
User fees and other revenueUser fees and other revenueUser fees and other revenueUser fees and other revenue
Charges for sewer and water usage are recorded as user fees and other revenue.
Government transfersGovernment transfersGovernment transfersGovernment transfers
Government transfers are recognized as revenue in the financial statements when the
transfer is authorized and any eligibility criteria are met, except to the extent that transfer
stipulations give rise to an obligation that meets the definition of a liability. Government
transfers are recorded as deferred revenue when transfer stipulations give rise to a liability
and are recognized in the statement of operations as the stipulated liabilities are settled.
Development revenuesDevelopment revenuesDevelopment revenuesDevelopment revenues
Receipts that are restricted by the legislation of senior governments or by agreement with
external parties are a liability of the municipality and are reported as Restricted Revenues at
the time they are received. When qualifying expenditures are incurred Restricted Revenues
are brought into revenue as development revenue. Restricted Revenues are comprised of the
amounts shown in Note 9.
Investment incomeInvestment incomeInvestment incomeInvestment income
Investment income is recorded on the accrual basis and recognized when earned. Investment
income is allocated to various reserves and operating funds on a proportionate basis.
To the extent that financial instruments have no stated rate of return, investment income is
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Consolidated Financial Statements
___________________________________________________
recognized as it is received.
Contributed tangible capital assetsContributed tangible capital assetsContributed tangible capital assetsContributed tangible capital assets
Subdivision developers are required to provide subdivision infrastructure such as streets,
lighting, sidewalks, and drainage etc. Upon completion these assets are turned over to the
City. Tangible capital assets received as contributions are recorded at their fair value at the
date of receipt and are also recorded as revenue.
(g)(g)(g)(g) Use of estimates/measurement uncertaintyUse of estimates/measurement uncertaintyUse of estimates/measurement uncertaintyUse of estimates/measurement uncertainty
The preparation of financial statements in accordance with Canadian Public Sector
Accounting Standards requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of revenues and
expenses during the reporting period. Significant areas requiring use of management
estimates relate to the useful lives of tangible capital assets, determination of employee
future benefits, the outcome of litigation and claims, and the percentage of completion of
buildings and subdivision inspections. Actual results could differ from those estimates.
(h)(h)(h)(h) Budget figuresBudget figuresBudget figuresBudget figures
The budget figures reported in the Consolidated Financial Statements represent the 2016
component of the Financial Plan Bylaw adopted by Council on May 10, 2016.
(i)(i)(i)(i)Financial instrumentsFinancial instrumentsFinancial instrumentsFinancial instruments
The City's financial instruments consist of cash and cash equivalents, portfolio investments,
accounts receivable, recoverable local improvements, other assets, accounts payable and
accrued liabilities, refundable performance deposits and debt. Unless otherwise indicated, it
is management's opinion that the City is not exposed to any significant interest, credit or
currency risks arising from these financial instruments.
(j)(j)(j)(j) Cash and cash equivalentsCash and cash equivalentsCash and cash equivalentsCash and cash equivalents
Cash and cash equivalents are comprised of the amounts held in the City's bank accounts
and investments with an original maturity date of three months or less.
(k)(k)(k)(k) Portfolio InvestmentsPortfolio InvestmentsPortfolio InvestmentsPortfolio Investments
Investments with an original maturity date of more than three month are reported as portfolio
investments. Investments and pooled investments are reported using the cost method.
Provisions for declines in the market value of investments are recorded when they are
considered to be other than temporary. Declines in the market values of investments are
considered to be other than temporary when the carrying value exceeds market value for
more than three years.
(l)(l)(l)(l) Cost share agreementCost share agreementCost share agreementCost share agreement
The City participated in a cost share agreement with the City of Pitt Meadows to provide all of
the recreation and cultural services and maintain all of the parks in both municipalities until
October 31, 2016. The City recognized expenses at their gross value and recorded the City of
Pitt Meadows' contribution as revenue.
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Consolidated Financial Statements
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(m)(m)(m)(m) Basis of segmentation (Segment Report, Note 20)Basis of segmentation (Segment Report, Note 20)Basis of segmentation (Segment Report, Note 20)Basis of segmentation (Segment Report, Note 20)
Municipal services have been segmented by grouping services that have similar service
objectives (by function). Revenues that are directly related to the costs of the function have
been attributed to each segment. Interest expense is allocated to functions based on the
purpose of specific borrowings.
(n)(n)(n)(n) Employee future benefitsEmployee future benefitsEmployee future benefitsEmployee future benefits
The City and its employees make contributions to the Municipal Pension Plan, and the
employees accrue benefits under this plan based on service. The City's contributions are
expensed as incurred. (Note 19)
Sick leave benefits and retirement severance benefits are also available to the City's
employees. The costs of these benefits are actuarially determined based on service and best
estimates of retirement ages and expected future salary and wage increases. The liabilities
under these benefit plans are accrued based on projected benefits prorated as the employees
render services necessary to earn the future benefits. (Note 10)
City of Maple Ridge - Statement of Financial Information
Page 17 of 50
Consolidated Financial Statements
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, 2016For the year ended December 31, 2016For the year ended December 31, 2016For the year ended December 31, 2016
1.1.1.1. Cash and cash equivalentsCash and cash equivalentsCash and cash equivalentsCash and cash equivalents
Cash and cash equivalents as at December 31, 2016 were comprised as follows:
Dec 31, 2016Dec 31, 2016Dec 31, 2016Dec 31, 2016 Dec 31, 2015
Cash $$$$11,443,94611,443,94611,443,94611,443,946 $5,146,294
Cash equivalents 8,098,1488,098,1488,098,1488,098,148 5,000,000
$$$$19,542,09419,542,09419,542,09419,542,094 $10,146,294
Cash equivalents are comprised of BC Credit Union term deposits with effective interest rates of 1.5% , 1.6%1.5% , 1.6%1.5% , 1.6%1.5% , 1.6%
(1.6% for 2015). Additionally, the City holds cash and cash equivalents of $2,633,511$2,633,511$2,633,511$2,633,511 ($2,825,191 for 2015)
and agreements receivable of $160,559$160,559$160,559$160,559 ($131,626 for 2015) for trusts which are not reported elsewhere in the
financial statements. They are held for the following trusts:
Balance
Dec 31, 2015
Interest
Earned Receipts Disbursements
Balance
Dec 31, 2016
Latecomer Fees $200,003 $,$93,801 $253,260 $$$$40,54440,54440,54440,544
Cemetery Perpetual Care 1,033,713 54,116 56,798 54,116 1,090,5111,090,5111,090,5111,090,511
Greater Vancouver Sewer & Drainage
District
808,954 ,811,061 1,084,868 535,147535,147535,147535,147
Albion Dyking District 940,292 515 215,125 1,278 1,154,6541,154,6541,154,6541,154,654
$2,982,962 $54,631 $1,176,785 $1,393,522 $$$$2,820,8562,820,8562,820,8562,820,856
2.2.2.2. Portfolio InvestmentsPortfolio InvestmentsPortfolio InvestmentsPortfolio Investments
Portfolio investments include Canadian bank notes and BC Credit Union term deposits with effective interest rates
of 1.6% , 2.92%. A portion of the bank notes held have interest payments linked to the performance of a set of
equities or a financial index without stated or certain interest rates. For these investments, income is recognized
as it is received; in 2016 returns were positive and ranged to 1.48%. The City does not hold any asset backed
commercial paper or hedge funds.
The carrying value of securities is based on the cost method whereby the cost of the security is adjusted to reflect
investment income that is accruing and any permanent decline in market value. During the term of individual
investments there will be fluctuations in market values. Such fluctuations are considered normal, and if held to
maturity, market value will be equal to face value.
The carrying value of Portfolio Investments at December 31, 2016 was $158,579,174$158,579,174$158,579,174$158,579,174 ($159,495,941 for 2015).
The market value at December 31, 2016 was $158,703,643$158,703,643$158,703,643$158,703,643 ($158,991,241 for 2015).
3.3.3.3. Accounts ReceivableAccounts ReceivableAccounts ReceivableAccounts Receivable
2016201620162016 2015
Property Taxes $$$$5,025,0225,025,0225,025,0225,025,022 $5,896,045
Other Governments 4,197,9924,197,9924,197,9924,197,992 4,347,016
General and Accrued Interest 3,920,8493,920,8493,920,8493,920,849 3,729,438
Development Cost Charges 3,877,5163,877,5163,877,5163,877,516 5,006,365
17,021,37917,021,37917,021,37917,021,379 18,978,864
Less: Allowance for Doubtful Accounts (39,718)(39,718)(39,718)(39,718)(55,797)
$$$$16,981,66116,981,66116,981,66116,981,661 $18,923,067
City of Maple Ridge - Statement of Financial Information
Page 18 of 50
Consolidated Financial Statements
4. 4. 4. 4. Recoverable Local ImprovementsRecoverable Local ImprovementsRecoverable Local ImprovementsRecoverable Local Improvements
The City provides interim financing for certain geographically localized capital projects. It recovers these amounts
from benefiting property owners. 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.
5.5.5.5. 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 City. The City 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 $779,296$779,296$779,296$779,296 ($758,106 for 2015).
6.6.6.6. Accounts Payable and Accrued LiabilitiesAccounts Payable and Accrued LiabilitiesAccounts Payable and Accrued LiabilitiesAccounts Payable and Accrued Liabilities
2016201620162016 2015
Accounts Payable:Accounts Payable:Accounts Payable:Accounts Payable:
General $$$$8,334,4038,334,4038,334,4038,334,403 $7,171,026
Other Governments 7,341,1187,341,1187,341,1187,341,118 8,064,961
Salaries and Wages 1,659,8151,659,8151,659,8151,659,815 1,334,623
17,335,33617,335,33617,335,33617,335,336 16,570,610
Accrued Liabilities:Accrued Liabilities:Accrued Liabilities:Accrued Liabilities:
Vacation Pay 368,785368,785368,785368,785 477,583
Other Vested Benefits 945,282945,282945,282945,282 870,688
1,314,0671,314,0671,314,0671,314,067 1,348,271
$$$$ 18,649,40318,649,40318,649,40318,649,403 $ 17,918,881
7.7.7.7. 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 2016 this estimate is $522,834$522,834$522,834$522,834 ($412,657 for 2015). These amounts are
included in accounts payable and accrued liabilities.
There are various other claims by and against the City, 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
The City has entered into a cost share agreement with the Greater Vancouver Water District for the
construction of infrastructure. Under this agreement the City expects to incur costs of approximately
$785,000$785,000$785,000$785,000 by the time of project completion. The expense is recorded as the related costs are incurred.
(ii) Recreation and Cultural Services
In 1998 the City entered into an agreement to purchase ice sheet time for five years commencing in
1999, with three five,year renewal options. In 2013, the agreement was renewed for an additional five,
year period. The minimum annual payment due for the provision of ice time is $686,225. These
payments are recorded as expenses when the ice time is provided.
City of Maple Ridge - Statement of Financial Information
Page 19 of 50
Consolidated Financial Statements
(c)(c)(c)(c)Unrecognized LiabilityUnrecognized LiabilityUnrecognized LiabilityUnrecognized Liability
The City 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 City 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 City 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 City chose to
withdraw. Consequently no liability has been recognized in these financial statements.
8.8.8.8. Deferred RevenuesDeferred RevenuesDeferred RevenuesDeferred Revenues
Deferred revenues held by the City were comprised as follows:
PrepaidPrepaidPrepaidPrepaid
TaxesTaxesTaxesTaxes
ConnectionConnectionConnectionConnection
RevenuesRevenuesRevenuesRevenues
2016201620162016 2015 2016201620162016 2015
Beginning balance $$$$6,118,3726,118,3726,118,3726,118,372 $5,825,403 $$$$629,820629,820629,820629,820 $467,503
Deferred during the year 12,673,84212,673,84212,673,84212,673,842 12,231,715 1,042,4861,042,4861,042,4861,042,486 757,465
Revenue recognized (12,355,008)(12,355,008)(12,355,008)(12,355,008)(11,938,746)(947,431)(947,431)(947,431)(947,431)(595,148)
Ending balance $$$$6,437,2066,437,2066,437,2066,437,206 $6,118,372 $$$$724,875724,875724,875724,875 $629,820
OtherOtherOtherOther TotalTotalTotalTotal
Deferred RevenuesDeferred RevenuesDeferred RevenuesDeferred Revenues
2016201620162016 2015 2016201620162016 2015
Beginning balance $$$$3,919,5853,919,5853,919,5853,919,585 $3,223,136 $$$$10,667,77710,667,77710,667,77710,667,777 $9,516,042
Deferred during the year 2,262,6342,262,6342,262,6342,262,634 2,383,950 15,978,96215,978,96215,978,96215,978,962 15,373,130
Revenue recognized (2,105,328)(2,105,328)(2,105,328)(2,105,328)(1,687,501)(15,407,767)(15,407,767)(15,407,767)(15,407,767)(14,221,395)
Ending balance $$$$4,076,8914,076,8914,076,8914,076,891 $3,919,585 $$$$11,238,97211,238,97211,238,97211,238,972 $10,667,777
9.9.9.9. Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
Restricted revenues held by the City were comprised as follows:
DevelopmentDevelopmentDevelopmentDevelopment
Cost ChargesCost ChargesCost ChargesCost Charges
ParklandParklandParklandParkland
Acquisition ChargesAcquisition ChargesAcquisition ChargesAcquisition Charges
2016201620162016 2015 2016201620162016 2015
Beginning Balance $$$$33,971,86633,971,86633,971,86633,971,866 $37,155,173 $$$$1,203,4001,203,4001,203,4001,203,400 $1,028,090
Collections and interest 7,923,2527,923,2527,923,2527,923,252 9,117,048 209,463209,463209,463209,463 175,310
Disbursements , operating (406,180)(406,180)(406,180)(406,180)(2,989,265),,,,,
Disbursements , capital (15,469,910)(15,469,910)(15,469,910)(15,469,910)(9,311,090)(1,000,834)(1,000,834)(1,000,834)(1,000,834),
Ending Balance $$$$ 26,019,02826,019,02826,019,02826,019,028 $ 33,971,866 $$$$ 412,029412,029412,029412,029 $ 1,203,400
OtherOtherOtherOther
Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
TotalTotalTotalTotal
Restricted RevenuesRestricted RevenuesRestricted RevenuesRestricted Revenues
2016201620162016 2015 2016201620162016 2015
Beginning Balance $$$$6,510,7816,510,7816,510,7816,510,781 $6,012,171 $$$$41,686,04741,686,04741,686,04741,686,047 $44,195,434
Collections and interest 609,179609,179609,179609,179 653,277 8,741,8948,741,8948,741,8948,741,894 9,945,635
Disbursements , operating (42,268)(42,268)(42,268)(42,268)(40,297)(448,448)(448,448)(448,448)(448,448)(3,029,562)
Disbursements , capital (106,835)(106,835)(106,835)(106,835)(114,370)(16,577,579)(16,577,579)(16,577,579)(16,577,579)(9,425,460)
Ending Balance $$$$ 6,970,8576,970,8576,970,8576,970,857 $ 6,510,781 $$$$ 33,401,91433,401,91433,401,91433,401,914 $ 41,686,047
City of Maple Ridge - Statement of Financial Information
Page 20 of 50
Consolidated Financial Statements
10.10.10.10. Employee Future BenefitsEmployee Future BenefitsEmployee Future BenefitsEmployee Future Benefits
The City provides employee future benefits in the form of severance benefits and vested and non,vested sick leave
to qualifying employees. These benefits are not separately funded.
Severance benefits are cash settlements paid to employees who cease their employment with the City after a
specified period of time. Employees hired before February 11, 1999 qualify for five days pay per year of
employment, provided they either work a minimum of 20 years with the City or retire as defined by the Public
Sector Pension Plan Act. Full time employees hired after February 11, 1999 qualify for 20 days pay provided they
work a minimum of 10 years with the City and retire as defined by the Public Sector Pension Plan Act.
The City permits regular employees to accumulate up to 18 days per year of service for future illnesses up to a
maximum of 250 days. For certain qualifying employees a portion of this benefit vests; for the balance, this benefit
does not vest and cannot be converted to any other type of benefit.
An actuarial valuation of these benefits was performed to determine the City's liability and accrued benefit
obligation as at December 31, 2015 and updated for December 31, 2016. The valuation resulted in an
unamortized actuarial loss of $398,200$398,200$398,200$398,200 ($463,400 for 2015) at December 31, 2016. Actuarial gains or losses
are amortized over the expected average remaining service life of employees. The benefit liability at December 31,
2016 was $4,704,700$4,704,700$4,704,700$4,704,700 , ($4,908,000 for 2015) comprised as follows:
2016201620162016 2015
Benefit Liability , Beginning of the year $$$$4,908,0004,908,0004,908,0004,908,000 $5,086,600
Add:Current service costs 374,500374,500374,500374,500 337,900
Interest on accrued benefit obligation 150,200150,200150,200150,200 140,800
Plan amendment costs ,,,,471,700
Less:Amortization of actuarial loss (gain) 35,60035,60035,60035,600 (335,500)
Benefits paid during the year (763,600)(763,600)(763,600)(763,600)(793,500)
Benefit Liability , End of the year 4,704,7004,704,7004,704,7004,704,700 4,908,000
Add (Less):Unamortized actuarial loss 398,200398,200398,200398,200 463,400
Accrued benefit obligation , End of the year 5,102,9005,102,9005,102,9005,102,900 5,371,400
Actuarial assumptions used to determine the City's accrued benefit obligation are as follows:
2016 2016 2016 2016 2015
Discount rate (long,term borrowing rate)2.90 %2.90 %2.90 %2.90 %2.80 %
Expected future inflation rate 2.00 %2.00 %2.00 %2.00 %2.00 %
Merit and inflationary wage and salary increases averaging 3.04 %3.04 %3.04 %3.04 %3.04 %
Estimated average remaining service life of employees (years)13.013.013.013.0 13.0
City of Maple Ridge - Statement of Financial Information
Page 21 of 50
Consolidated Financial Statements
11.11.11.11.Debt (Schedule 4)Debt (Schedule 4)Debt (Schedule 4)Debt (Schedule 4)
The City 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 City carries no debt for others.
The following debenture debt amounts plus related interest and sinking fund contributions are payable over the
next five years:
Debt Payments
2017 $2,582,492
2018 2,129,744
2019 2,172,036
2020 2,215,521
2021 2,260,235
Thereafter 14,559,328
Debt principal repayments $25,919,356
The City has the following authorized but un,issued long term debt as at December 31, 2016 :
L/A Bylaw L/A Amount
#6558 $6,000,000
#6560 275,000
#6679 1,100,000
$7,375,000
12. Tangible Capital Assets12. Tangible Capital Assets12. Tangible Capital Assets12. Tangible Capital Assets
Net book valueNet book valueNet book valueNet book value
2016 2016 2016 2016 2015
Land $$$$215,898,649215,898,649215,898,649215,898,649 $201,911,387
Buildings 45,632,62745,632,62745,632,62745,632,627 45,860,878
Transportation network 223,230,279223,230,279223,230,279223,230,279 213,240,440
Storm sewer system 201,919,428201,919,428201,919,428201,919,428 185,891,409
Fleet and equipment 13,625,49113,625,49113,625,49113,625,491 14,043,631
Technology 4,751,4904,751,4904,751,4904,751,490 4,801,939
Water system 113,622,225113,622,225113,622,225113,622,225 107,827,624
Sanitary sewer system 126,551,687126,551,687126,551,687126,551,687 122,486,319
Other 15,164,22715,164,22715,164,22715,164,227 14,827,541
$$$$960,396,101960,396,101960,396,101960,396,101 $910,891,167
For additional information, see the Schedule of Tangible Capital Assets (Schedule 5)
During the year there were no write,downs of assets (2015 , $Nil) and no interest was capitalized (2015 , $Nil).
In addition, roads and related infrastructure, underground networks and land contributed to the City totaled
$39,062,791$39,062,791$39,062,791$39,062,791 ($36,744,306 for 2015) and were capitalized at their fair value at the time of receipt.
Works of art, artifacts, cultural and historic assets are not recorded as assets in the financial statements. The
City controls various works of art and historical treasures including artifacts, paintings, sculptures and mosaics
located at City sites and public display areas.
City of Maple Ridge - Statement of Financial Information
Page 22 of 50
Consolidated Financial Statements
13. Undeveloped Land Bank13. Undeveloped Land Bank13. Undeveloped Land Bank13. Undeveloped Land Bank
The City owns property in various areas identified for future growth in the Official Community Plan. These
properties are not currently used in the provision of service to the citizens of Maple Ridge. The properties
represent a strategic, non,renewable resource available for the advancement of Council's strategic plan.
14. Accumulated Surplus14. Accumulated Surplus14. Accumulated Surplus14. Accumulated Surplus
Accumulated Surplus is comprised of operating surpluses and equity in tangible capital assets held in the
general, sewer and water funds as well as reserves. Accumulated surplus for 2016 is $1,063,091,751 $1,063,091,751 $1,063,091,751 $1,063,091,751
($999,824,048 for 2015) and is distributed as follows:
2016201620162016 2015
Operating surplus (Schedule 1)General $$$$9,285,6889,285,6889,285,6889,285,688 $9,859,165
Sewer 8,144,5388,144,5388,144,5388,144,538 6,413,897
Water 11,296,03911,296,03911,296,03911,296,039 8,354,639
28,726,26528,726,26528,726,26528,726,265 24,627,701
Equity in the capital funds (Schedule 2)General 709,048,629709,048,629709,048,629709,048,629 665,279,594
Sewer 127,032,307127,032,307127,032,307127,032,307 124,012,680
Water 114,453,816114,453,816114,453,816114,453,816 108,872,543
950,534,752950,534,752950,534,752950,534,752 898,164,817
Reserves (Schedule 3)Funds 38,755,84438,755,84438,755,84438,755,844 36,211,526
Accounts 45,884,89045,884,89045,884,89045,884,890 40,820,004
84,640,73484,640,73484,640,73484,640,734 77,031,530
Accumulated Surplus $$$$1,063,901,7511,063,901,7511,063,901,7511,063,901,751 $999,824,048
15. 15. 15. 15. Property Tax LeviesProperty Tax LeviesProperty Tax LeviesProperty Tax Levies
In addition to its own tax levies, the City is required to levy taxes on behalf of various other taxing authorities.
These include the provincial government for local school taxes, incorporated dyking districts located within the City
and, organizations providing regional services in which the City has become a member. Taxes levied for other
agencies are not included in City revenues. Total tax levies were comprised as follows:
2016201620162016 2016 Budget 2015
Municipal Tax LeviesMunicipal Tax LeviesMunicipal Tax LeviesMunicipal Tax Levies $$$$77,452,20377,452,20377,452,20377,452,203 $77,377,354 $74,042,945
Levies for other authoritiesLevies for other authoritiesLevies for other authoritiesLevies for other authorities
School taxes 32,805,06132,805,06132,805,06132,805,061 32,855,944 32,226,532
Greater Vancouver Transit Authority 5,397,8785,397,8785,397,8785,397,878 5,398,623 5,562,484
British Columbia Assessment 925,179925,179925,179925,179 925,272 935,092
Greater Vancouver Regional District 892,390892,390892,390892,390 892,747 885,216
Dyking Districts 558,943558,943558,943558,943 523,716 873,426
Municipal Finance Authority 3,2723,2723,2723,272 3,270 3,041
Total Collections for OthersTotal Collections for OthersTotal Collections for OthersTotal Collections for Others 40,582,72340,582,72340,582,72340,582,723 40,599,572 40,485,791
Total Tax LeviesTotal Tax LeviesTotal Tax LeviesTotal Tax Levies $$$$ 118,034,926118,034,926118,034,926118,034,926 $ 117,976,926 $ 114,528,736
City of Maple Ridge - Statement of Financial Information
Page 23 of 50
Consolidated Financial Statements
16.16.16.16.Government TransfersGovernment TransfersGovernment TransfersGovernment Transfers
Government transfers received during the year were comprised of the following:
2016201620162016 2015
CapitalCapitalCapitalCapital OperatingOperatingOperatingOperating Capital Operating
Federal Gov't $$$$5,1415,1415,1415,141 $$$$289,215289,215289,215289,215 $,$354,582
Provincial Gov't 233,219233,219233,219233,219 1,167,3961,167,3961,167,3961,167,396 29,263 1,442,185
TransLink 371,777371,777371,777371,777 497,800497,800497,800497,800 779,171 854,532
Other 160,802160,802160,802160,802 50,38550,38550,38550,385 109,500 68,319
Total $$$$770,939770,939770,939770,939 $$$$2,004,7962,004,7962,004,7962,004,796 $917,934 $2,719,618
17. Budget17. Budget17. Budget17. Budget
Budget amounts represent the Financial Plan Bylaw adopted by Council on May 10, 2016. The Financial Plan
anticipated use of surpluses accumulated in previous years to balance against current year expenditures in
excess of current year revenues.
The following shows how these amounts were combined:
Financial Plan Financial Plan Financial Plan Financial Plan
Bylaw Bylaw Bylaw Bylaw
Financial Statement Financial Statement Financial Statement Financial Statement
Budget Budget Budget Budget
RevenueRevenueRevenueRevenue
Taxation $77,377,354 $77,377,354
User fees and other revenue 41,197,154 41,197,154
Other 49,985,230 49,985,230
Contributed subdivision infrastructure 16,499,996 16,499,996
Total RevenueTotal RevenueTotal RevenueTotal Revenue 185,059,734 185,059,734
ExpensesExpensesExpensesExpenses
Protective services 38,805,939 38,805,939
Transportation services 20,121,816 20,121,816
Recreation and cultural 23,316,336 23,316,336
Water utility 14,263,929 14,263,929
Sewer utility 10,387,576 10,387,576
General Government 18,198,317 18,198,317
Planning, public health and other 6,117,476 6,117,476
Total expensesTotal expensesTotal expensesTotal expenses 131,211,389 131,211,389
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus $$$$53,848,34553,848,34553,848,34553,848,345 $$$$53,848,34553,848,34553,848,34553,848,345
Less:
Capital expenditures 108,747,589
Debt repayment 3,476,403
Add:
Interfund transfers 31,549,549
Amortization 19,780,000
Borrowing proceeds 7,046,098
$,
City of Maple Ridge - Statement of Financial Information
Page 24 of 50
Consolidated Financial Statements
18. Expenditures and Expenses by Object18. Expenditures and Expenses by Object18. Expenditures and Expenses by Object18. Expenditures and Expenses by Object
Operations
Capital
Acquisitions 2016 Total 2016 Budget 2015 Total
Goods and services $54,224,116 $31,743,301 $85,967,417 $157,852,867 $75,901,704
Wages and salaries 42,018,791 923,005 42,941,796 43,855,739 42,445,784
Interest 1,849,295 ,1,849,295 1,970,376 1,975,261
Total Expenditures 98,092,202 32,666,306 130,758,508 203,678,982 120,322,749
Amortization expenses 18,209,180 ,18,209,180 19,780,000 19,935,997
Contributed tangible
capital assets ,39,062,791 39,062,791 16,499,996 36,744,306
Total Expenditures and
Expenses $116,301,382 $71,729,097 $188,030,479 $239,958,978 $177,003,052
19.19.19.19. Pension PlanPension PlanPension PlanPension Plan
The employer and its employees contribute to the Municipal Pension Plan (a jointly trusteed pension plan). The
board of trustees, representing plan members and employers, is responsible for administering the plan, including
investment of assets and administration of benefits. The plan is a multi,employer defined benefit pension plan.
Basic pension benefits are based on a formula. As at December 31. 2015, the plan has about 189,000 active
members and approximately 85,000 retired members. Active members include approximately 37,000
contributors from local governments.
Every three years, an actuarial valuation is performed to assess the financial position of the plan and adequacy
of plan funding. The actuary determines an appropriate combined employer and member contribution rate to fund
the plan. The actuary's calculated contribution rate is based on the entry,age normal cost method, which produces
the long,term rate of member and employer contributions sufficient to provide benefits for average future entrants
to the plan. The rate is then adjusted to the extent there is amortization of any funding deficit.
The most recent valuation for the Municipal Pension Plan as of December 31, 2015, indicated a $2,224 million
funding surplus for basic pension benefits on a going concern basis.
The City paid $3,440,174$3,440,174$3,440,174$3,440,174 (2015 $3,302,393 ) for employer contributions while employees contributed
$2,778,065$2,778,065$2,778,065$2,778,065 (2015 $2,680,523) to the plan in fiscal 2016.
The next valuation will be as at December 31, 2018, with results available in 2019.
Employers participating in the plan record their pension expense at the amount of employer contributions made
during the fiscal year (defined contribution plan accounting). This is because the plan records accrued liabilities
and accrued assets for the plan in aggregate, resulting in no consistent and reliable basis for allocating the
obligation, assets and cost to individual employers participating in the plan.
City of Maple Ridge - Statement of Financial Information
Page 25 of 50
Consolidated Financial Statements
20. Segmented Information20. Segmented Information20. Segmented Information20. Segmented Information
The City 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 City 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 City 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 City. 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 City'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.
City of Maple Ridge - Statement of Financial Information
Page 26 of 50
Intentional Blank
City of Maple Ridge - Statement of Financial Information
Page 27 of 50
Consolidated Financial Statements
Segment ReportSegment ReportSegment ReportSegment Report
Consolidated Report of Segmented Revenue and ExpensesConsolidated Report of Segmented Revenue and ExpensesConsolidated Report of Segmented Revenue and ExpensesConsolidated Report of Segmented Revenue and Expenses
For the year ended December 31, 2016
Protective Protective Protective Protective
ServicesServicesServicesServices
TransportationTransportationTransportationTransportation
ServicesServicesServicesServices
Recreation Recreation Recreation Recreation
and Culturaland Culturaland Culturaland Cultural
Water UtilityWater UtilityWater UtilityWater Utility Sewer UtilitySewer UtilitySewer UtilitySewer Utility
RevenueRevenueRevenueRevenue
Tax revenue $)$)$)$139,992 $891,135
Other revenues 6,175,248 757,903 5,476,262 15,545,102 9,470,352
Government transfers 100,530 1,523,174 187,121 ))
Development revenue 1,569 9,086,684 5,610,106 2,838,919 121,088
Interest and investment income ))))))))
Gaming Revenues
Refinancing and other gains ))))))))
Loss on disposal of capital assets (4,068)(636,810)(11,588)(187,958)(2,959,406)
Contributed infrastructure )21,379,869 5,405,623 3,292,211 8,985,088
Total RevenueTotal RevenueTotal RevenueTotal Revenue 6,273,279 32,110,820 16,667,524 21,628,266 16,508,257
ExpensesExpensesExpensesExpenses
Operating:
Goods and services 18,747,607 2,802,426 9,324,296 9,223,928 7,050,689
Labour 15,753,713 5,572,234 8,370,799 1,229,348 575,625
Debt Servicing 13,886 (12,228)935,302 ))
Sub total 34,515,206 8,362,432 18,630,397 10,453,276 7,626,314
Amortization 1,329,360 7,473,290 2,954,081 2,175,606 2,441,993
Total ExpensesTotal ExpensesTotal ExpensesTotal Expenses 35,844,566 15,835,722 21,584,478 12,628,882 10,068,307
Excess (deficiency) of revenue overExcess (deficiency) of revenue overExcess (deficiency) of revenue overExcess (deficiency) of revenue over
expensesexpensesexpensesexpenses
$(29,571,287)$16,275,098 $(4,916,954)$8,999,384 $6,439,950
City of Maple Ridge - Statement of Financial Information
Page 28 of 50
Consolidated Financial Statements
GeneralGeneralGeneralGeneral
GovernmentGovernmentGovernmentGovernment
CommercialCommercialCommercialCommercial
TowerTowerTowerTower
PlanningPlanningPlanningPlanning
Public HealthPublic HealthPublic HealthPublic Health
& Other& Other& Other& Other UnallocatedUnallocatedUnallocatedUnallocated
Total Total Total Total
2016 Actual2016 Actual2016 Actual2016 Actual Total BudgetTotal BudgetTotal BudgetTotal Budget
Total
2015 Actual
$)$)$1,940,726 $74,480,350 $$$$77,452,20377,452,20377,452,20377,452,203 $77,377,354 $74,042,945
1,719,398 1,445,025 2,622,056 ))))43,211,34643,211,34643,211,34643,211,346 41,197,154 41,699,739
964,910 ))))))2,775,7352,775,7352,775,7352,775,735 5,991,875 3,637,552
213,865 )21,050 ))))17,893,28117,893,28117,893,28117,893,281 39,560,375 12,855,808
)))2,478,388 2,478,3882,478,3882,478,3882,478,388 1,882,980 2,417,402
1,338,678 1,338,6781,338,6781,338,6781,338,678 1,050,000 1,161,956
))))))))1,500,000 )
(33,507)))))))(3,833,337)(3,833,337)(3,833,337)(3,833,337))(1,668,305)
)))))))39,062,79139,062,79139,062,79139,062,791 16,499,996 36,744,306
2,864,666 1,445,025 4,583,832 78,297,416 180,379,085180,379,085180,379,085180,379,085 185,059,734 170,891,403
3,771,630 541,404 2,762,136 )54,224,11654,224,11654,224,11654,224,116 65,605,274 55,862,092
8,065,402 )2,451,670 )42,018,79142,018,79142,018,79142,018,791 43,855,739 41,619,187
279,897 575,297 57,141 )1,849,2951,849,2951,849,2951,849,295 1,970,376 1,975,261
12,116,929 1,116,701 5,270,947 )98,092,20298,092,20298,092,20298,092,202 111,431,389 99,456,540
1,587,469 )247,381 )18,209,18018,209,18018,209,18018,209,180 19,780,000 19,935,997
13,704,398 1,116,701 5,518,328 )116,301,382116,301,382116,301,382116,301,382 131,211,389 119,392,537
$(10,839,732)$328,324 $(934,496)$78,297,416 $$$$64,077,70364,077,70364,077,70364,077,703 $53,848,345 $51,498,866
City of Maple Ridge - Statement of Financial Information
Page 29 of 50
Consolidated Financial Statements
Schedule 1Schedule 1Schedule 1Schedule 1
Schedule of Change in Operating Accumulated SurplusSchedule of Change in Operating Accumulated SurplusSchedule of Change in Operating Accumulated SurplusSchedule of Change in Operating Accumulated Surplus
For the year ended December 31, 2016
Actual Actual Actual Actual
2016 2016 2016 2016
Budget
2016
Actual
2015
RevenueRevenueRevenueRevenue
Taxes for municipal purposes $$$$77,452,20377,452,20377,452,20377,452,203 $77,377,354 $74,042,945
User fees and other revenues 43,211,34643,211,34643,211,34643,211,346 41,197,154 41,699,739
Government transfers 2,004,7962,004,7962,004,7962,004,796 2,421,056 2,719,618
Development Revenue 1,003,4101,003,4101,003,4101,003,410 1,198,498 3,328,337
Interest and investment income 1,717,6841,717,6841,717,6841,717,684 1,307,984 1,684,002
Gaming revenues 1,338,6781,338,6781,338,6781,338,678 1,050,000 1,161,956
Refinancing and other gains 181,645181,645181,645181,645 1,500,000 1,279,143
126,909,762126,909,762126,909,762126,909,762 126,052,046 125,915,740
ExpensesExpensesExpensesExpenses
Protective services 34,515,20634,515,20634,515,20634,515,206 37,455,939 32,916,751
Transportation services 8,362,4328,362,4328,362,4328,362,432 10,161,816 7,827,639
Recreation and cultural 18,630,39718,630,39718,630,39718,630,397 21,106,336 19,288,737
Water utilities 10,453,27610,453,27610,453,27610,453,276 12,243,929 13,753,846
Sewer utilities 7,626,3147,626,3147,626,3147,626,314 7,997,576 7,226,611
General government 13,233,63013,233,63013,233,63013,233,630 16,608,317 12,771,543
Public and environmental health 5,270,9475,270,9475,270,9475,270,947 5,857,476 5,671,413
98,092,20298,092,20298,092,20298,092,202 111,431,389 99,456,540
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus 28,817,56028,817,56028,817,56028,817,560 14,620,657 26,459,200
Internal transfersInternal transfersInternal transfersInternal transfers
Transfers to capital funds (7,851,339)(7,851,339)(7,851,339)(7,851,339)(9,470,487)(5,584,821)
Transfers to reserves (16,867,657)(16,867,657)(16,867,657)(16,867,657)(2,027,693)(15,168,801)
Increase in operating accumulated surplus 4,098,5644,098,5644,098,5644,098,564 3,122,477 5,705,578
Operating accumulated surplusbeginning of yearOperating accumulated surplusbeginning of yearOperating accumulated surplusbeginning of yearOperating accumulated surplusbeginning of year 24,627,70124,627,70124,627,70124,627,701 24,627,701 18,922,123
Operating accumulated surplusend of year Operating accumulated surplusend of year Operating accumulated surplusend of year Operating accumulated surplusend of year (Note 14)$$$$28,726,26528,726,26528,726,26528,726,265 $27,750,178 $24,627,701
City of Maple Ridge - Statement of Financial Information
Page 30 of 50
Consolidated Financial Statements
Schedule 2Schedule 2Schedule 2Schedule 2
Schedule of Change in Capital Funds Schedule of Change in Capital Funds Schedule of Change in Capital Funds Schedule of Change in Capital Funds
For the year ended December 31, 2016For the year ended December 31, 2016For the year ended December 31, 2016For the year ended December 31, 2016
ActualActualActualActual Budget Actual
2016 2016 2016 2016 2016 2015
RevenueRevenueRevenueRevenue
Subdivision infrastructure contributions $$$$39,062,79139,062,79139,062,79139,062,791 $16,499,996 $36,744,306
Government transfers 770,939770,939770,939770,939 3,570,819 917,934
Development fees 16,470,74416,470,74416,470,74416,470,744 36,627,061 9,311,090
Other capital contributions 419,127419,127419,127419,127 1,734,816 216,381
Disposal of tangible capital assets (4,014,982)(4,014,982)(4,014,982)(4,014,982)-(2,947,448)
Total Revenue 52,708,61952,708,61952,708,61952,708,619 58,432,692 44,242,263
ExpensesExpensesExpensesExpenses
Amortization 18,209,18018,209,18018,209,18018,209,180 19,780,000 19,935,997
Total Expenses 18,209,18018,209,18018,209,18018,209,180 19,780,000 19,935,997
Annual SurplusAnnual SurplusAnnual SurplusAnnual Surplus 34,499,43934,499,43934,499,43934,499,439 38,652,692 24,306,266
Internal Transfers Internal Transfers Internal Transfers Internal Transfers
Transfers and principal payments from revenue funds 7,851,3397,851,3397,851,3397,851,339 9,470,487 5,584,821
Transfers from reserves 10,019,15710,019,15710,019,15710,019,157 37,274,741 7,614,277
Increase in capital fundsIncrease in capital fundsIncrease in capital fundsIncrease in capital funds 52,369,93552,369,93552,369,93552,369,935 85,397,920 37,505,364
Capital funds 2 beginning of the yearCapital funds 2 beginning of the yearCapital funds 2 beginning of the yearCapital funds 2 beginning of the year 898,164,817898,164,817898,164,817898,164,817 898,164,817 860,659,453
Capital funds 2 end of the year Capital funds 2 end of the year Capital funds 2 end of the year Capital funds 2 end of the year (Note 14)$$$$950,534,751950,534,751950,534,751950,534,751 $983,562,737 $898,164,817
City of Maple Ridge - Statement of Financial Information
Page 31 of 50
Consolidated Financial Statements
Schedule 3Schedule 3Schedule 3Schedule 3
Schedule of Change in ReservesSchedule of Change in ReservesSchedule of Change in ReservesSchedule of Change in Reserves
For the year ended December 31, 2016
ActualActualActualActual
2016 2016 2016 2016
Budget
2016
Actual
2015
Revenue and TransfersRevenue and TransfersRevenue and TransfersRevenue and Transfers
Revenue
Interest and investment income $$$$760,704760,704760,704760,704 $574,996 $733,399
Add (less)
Internal transfers
Transfers from revenue funds 16,867,65716,867,65716,867,65716,867,657 2,027,693 15,168,801
Transfers to capital funds (10,019,157)(10,019,157)(10,019,157)(10,019,157)(37,274,741)(7,614,277)
Increase (decrease) in Reserved Accumulated SurplusIncrease (decrease) in Reserved Accumulated SurplusIncrease (decrease) in Reserved Accumulated SurplusIncrease (decrease) in Reserved Accumulated Surplus 7,609,2047,609,2047,609,2047,609,204 (34,672,052)8,287,923
Reserved Accumulated Surplus Beginning of the YearReserved Accumulated Surplus Beginning of the YearReserved Accumulated Surplus Beginning of the YearReserved Accumulated Surplus Beginning of the Year 77,031,53077,031,53077,031,53077,031,530 77,031,530 68,743,607
Reserved Accumulated Surplus End of YearReserved Accumulated Surplus End of YearReserved Accumulated Surplus End of YearReserved Accumulated Surplus End of Year (Note 14)$$$$84,640,73484,640,73484,640,73484,640,734 $42,359,478 $77,031,530
City of Maple Ridge - Statement of Financial Information
Page 32 of 50
Intentional Blank
City of Maple Ridge - Statement of Financial Information
Page 33 of 50
Consolidated Financial Statements
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, 2016
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 2006/2026 6246/99 General Government/Downtown Office Complex %%%%5.05.05.05.0
Oct 2012/2017 6562/121 General Government/River Road Drainage %%%%2.12.12.12.1
Oct 2012/2027 6560/121 Protective Services/Animal Shelter %%%%2.92.92.92.9
Oct 2012/2037 6559/121 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Oct 2012/2037 6679/121 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Subtotal
LESS:LESS:LESS:LESS:
Sinking FundsSinking FundsSinking FundsSinking Funds
Dec 2006/2026 6246/99 General Government/Downtown Office Complex %%%%5.05.05.05.0
Oct 2012/2017 6562/121 General Government/River Road Drainage %%%%2.12.12.12.1
Oct 2012/2027 6560/121 Protective Services/Animal Shelter %%%%2.92.92.92.9
Oct 2012/2037 6559/121 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Oct 2012/2037 6679/121 Public Health/Cemetery Expansion %%%%2.92.92.92.9
Subtotal
Net AmountNet AmountNet AmountNet Amount
City of Maple Ridge - Statement of Financial Information
Page 34 of 50
Consolidated Financial Statements
Dec 31, 2015Dec 31, 2015Dec 31, 2015Dec 31, 2015
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
2016201620162016
BalanceBalanceBalanceBalance
OutstandingOutstandingOutstandingOutstanding
Interest Paid/Interest Paid/Interest Paid/Interest Paid/
EarnedEarnedEarnedEarned
For The YearFor The YearFor The YearFor The Year
$17,481,309 $;$1,244,182 $;$16,237,127 $935,302
2,424,274 ;172,529 ;2,251,745 129,697
16,300,000 ;;;16,300,000 813,370
2,675,000 ;;;2,675,000 54,838
625,000 ;;;625,000 18,125
1,520,000 ;;;1,520,000 44,080
700,000 ;;;700,000 20,300
41,725,583 ;1,416,711 ;40,308,872 2,015,712
5,839,056 ;547,383 238,073 6,624,512 238,073
1,556,515 ;493,877 67,066 2,117,458 67,066
98,372 ;31,213 4,239 133,824 4,239
115,028 ;36,498 4,956 156,482 4,956
52,973 ;16,809 2,282 72,064 2,282
7,661,944 ;1,125,780 316,616 9,104,340 316,616
$ 34,063,639 $ ;$ 2,542,491 $ 316,616 $ 31,204,532 $ 1,699,096
City of Maple Ridge - Statement of Financial Information
Page 35 of 50
Consolidated Financial Statements
Schedule 5Schedule 5Schedule 5Schedule 5
Schedule of Tangible Capital AssetsSchedule of Tangible Capital AssetsSchedule of Tangible Capital AssetsSchedule of Tangible Capital Assets
For the year ended December 31, 2016
LandLandLandLand 2222 BuildingBuildingBuildingBuilding TransportationTransportationTransportationTransportation
NetworkNetworkNetworkNetwork
Storm SystemStorm SystemStorm SystemStorm System
Historical Cost Historical Cost Historical Cost Historical Cost 1111
Opening cost $201,911,387 $89,743,990 $323,036,059 $244,265,123
Additions 13,987,262 2,481,920 16,459,885 17,122,643
Disposals .(129,893)(525,233)(497,526)
215,898,649 92,096,017 338,970,711 260,890,240
Accumulated Accumulated Accumulated Accumulated
AmortizationAmortizationAmortizationAmortization
Opening balance .43,883,112 109,795,619 58,373,714
Amortization expense .2,696,585 6,183,554 770,505
Effect of disposals .(116,307)(238,741)(173,407)
.46,463,390 115,740,432 58,970,812
Net Book Value as atNet Book Value as atNet Book Value as atNet Book Value as at
December 31, 2016December 31, 2016December 31, 2016December 31, 2016 $215,898,649 $45,632,627 $223,230,279 $201,919,428
Net Book Value as atNet Book Value as atNet Book Value as atNet Book Value as at
December 31, 2015December 31, 2015December 31, 2015December 31, 2015 $201,911,387 $45,860,878 $213,240,440 $185,891,409
1 Historical cost includes work in progress at December 31, 2016 of $13,675,368$13,675,368$13,675,368$13,675,368 ($. for 2015) comprised of:
Land $24,177 ($202,240 for 2015); Buildings $2,716,945 ($532,501 for 2015); Transportation network $10,162,075
($8,375,477 for 2015); Storm system $46,711 ($48,431for 2015); Fleet and equipment $3,448 ($8,563 for 2015); Technology
$3,000 ($9,531 for 2015); Water system $440,517 ($195,180 for 2015); Sanitary system $73,575 ($. for 2015); and Other
$204,919 ($. for 2015). Work in progress is not amortized.
2 Additions to land are net of $. ($4,226,923 for 2015) of land reclassified to inventory available for sale.
3 "Other" at net book value includes Furniture and Fixtures at $495,795 ($630,730 for 2015) and structures at $14,668,431
($14,196,810 for 2015)
City of Maple Ridge - Statement of Financial Information
Page 36 of 50
Consolidated Financial Statements
Fleet andFleet andFleet andFleet and
EquipmentEquipmentEquipmentEquipment TechnologyTechnologyTechnologyTechnology Water SystemWater SystemWater SystemWater System Sanitary SystemSanitary SystemSanitary SystemSanitary System OtherOtherOtherOther 3333 TotalTotalTotalTotal
$27,175,107 $10,404,167 $139,209,369 $164,705,575 $28,760,734 $1,229,211,509
1,022,177 794,892 8,261,778 9,501,728 2,096,812 71,729,097
(554,664)(339,301)(493,244)(3,396,283)(245,136)(6,181,280)
27,642,620 10,859,758 146,977,903 170,811,020 30,612,410 1,294,759,326
13,131,476 5,602,228 31,381,745 42,219,256 13,933,193 318,320,343
1,315,184 796,641 2,246,237 2,468,325 1,732,149 18,209,180
(429,531)(290,601)(272,304)(428,248)(217,159)(2,166,298)
14,017,129 6,108,268 33,355,678 44,259,333 15,448,183 334,363,225
$13,625,491 $4,751,490 $113,622,225 $126,551,687 $15,164,227 $960,396,101
$14,043,631 $4,801,939 $107,827,624 $122,486,319 $14,827,541 $910,891,167
City of Maple Ridge - Statement of Financial Information
Page 37 of 50
Consolidated Financial Statements
________________________________________________________
Schedule 6Schedule 6Schedule 6Schedule 6
Continuity Schedule of ReservesContinuity Schedule of ReservesContinuity Schedule of ReservesContinuity Schedule of Reserves
For the year ended December 31, 2016
BalanceBalanceBalanceBalance
Dec, 31, 2015 Dec, 31, 2015 Dec, 31, 2015 Dec, 31, 2015
InterestInterestInterestInterest
Allocated Allocated Allocated Allocated
Reserve FundsReserve FundsReserve FundsReserve Funds
Local Improvements $2,550,517 $14,753
Equipment Replacement 13,093,289 190,700
Capital Works 11,623,295 153,897
Fire Department Capital Acquisition 7,054,422 104,276
Sanitary Sewer 1,614,769 21,470
Land 275,235 3,661
Total Reserve FundsTotal Reserve FundsTotal Reserve FundsTotal Reserve Funds 36,211,527 488,757
Reserve AccountsReserve AccountsReserve AccountsReserve Accounts
Specific Projects 3 Capital 6,143,821 3
Specific Projects 3 Operating 8,397,216 3
Self Insurance 830,351 11,227
Police Services 6,735,888 87,554
Core Development 1,720,419 21,791
Recycling 1,513,787 20,645
Community Development 1,349 1
Building Inspections 2,494,848 31,411
Gravel Extraction 727,831 10,141
Community Works (Gas Tax)3 3
Facility Maintenance 1,840,198 31,061
Snow Removal 686,015 3
Cemetery Maintenance 30,781 3
Infrastructure Sustainability (Town Centre Buildings)329,415 3
Infrastructure Sustainability (Road Network)1,710,679 26,485
Infrastructure Sustainability (Drainage)3 13,729
Drainage Improvements 1,522,548 15,232
Critical Infrastructure 200,923 2,670
Infrastructure Grants Contribution 3,557 3
Gaming Revenues 779,954 3
Self Insurance (sewer utility)134,873 3
Self Insurance (water utility)113,228 3
Specific Projects (sewer utility)2,155,690 3
Specific Projects (water utility)2,746,632 3
Total Reserve AccountsTotal Reserve AccountsTotal Reserve AccountsTotal Reserve Accounts 40,820,003 271,947
Total ReservesTotal ReservesTotal ReservesTotal Reserves $$$$77,031,53077,031,53077,031,53077,031,530 $$$$760,704760,704760,704760,704
City of Maple Ridge - Statement of Financial Information
Page 38 of 50
Consolidated Financial Statements
________________________________________________________
TransfersTransfersTransfersTransfers
Revenue Funds Revenue Funds Revenue Funds Revenue Funds
TransfersTransfersTransfersTransfers
Capital FundsCapital FundsCapital FundsCapital Funds
Balance Balance Balance Balance
Dec 31, 2016Dec 31, 2016Dec 31, 2016Dec 31, 2016
$3 $3 $2,565,270
2,684,023 (824,815)15,143,197
487,090 (1,536,304)10,727,978
1,458,390 (212,824)8,404,264
3 3 1,636,239
3 3 278,896
4,629,503 (2,573,943)38,755,844
4,606,290 (2,422,351)8,327,760
(562,856)3 7,834,360
7,393 3 848,971
552,078 (76,430)7,299,090
107,897 (69,772)1,780,335
614,553 3 2,148,985
(1,350)3 3
593,285 3 3,119,544
24,316 3 762,288
280,465 (280,465)3
660,379 (89,740)2,441,898
(212,954)3 473,061
86,825 3 117,606
43,870 (79)373,206
2,232,547 (2,296,544)1,673,167
1,878,509 (580,363)1,311,875
(22,612)(708,060)807,108
3 (82)203,511
3 3 3,557
517,570 39,267 1,336,791
6,504 3 141,377
6,504 3 119,732
577,951 (414,261)2,319,380
240,990 (546,334)2,441,288
12,238,154 (7,445,214)45,884,890
$$$$16,867,65716,867,65716,867,65716,867,657 $$$$(10,019,157)(10,019,157)(10,019,157)(10,019,157)$$$$84,640,73484,640,73484,640,73484,640,734
City of Maple Ridge - Statement of Financial Information
Page 39 of 50
"This organization has no guarantees or indemnities under the Guarantees
and Indemnities Regulation."
City of Maple RidgeCity of Maple RidgeCity of Maple RidgeCity 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 2016for 2016for 2016for 2016
Prepared pursuant to the Financial Information Regulation, Schedule 1, Section 1 (1) (d)
City of Maple Ridge - Statement of Financial Information
Page 40 of 50
1 Elected Officials
Name Position Remuneration Benefits Expenses
Bell, Corisa Councillor 42,762.36$ 8,209.92$ 4,550.28$
Duncan, Kiersten Councillor 39,709.02 5,748.82 5,990.64
Masse, Robert Councillor 40,561.11 6,633.22 2,519.62
Read, Nicole Mayor 99,435.96 9,812.11 6,425.18
Robson, Gordy Councillor 39,709.02 5,996.51 3,465.52
Shymkiw, Tyler Councillor 54,265.66 7,747.29 3,968.40
Speirs, Craig Councillor 39,709.02 1,242.91 8,763.12
Total All Elected Officials 356,152.15$ 45,390.78$ 35,682.76$
2 Employees
Name Job Title Remuneration Expenses
Albrecht, Michael Tradesperson 2 Plumber 77,148.99$ 1,836.65$
Andre, Colin Network Analyst 79,998.34 1,121.67
Armour, Douglas Fire Fighter *159,490.46 4,860.31
Armstrong, Fred Manager of Corporate Communications 116,581.69 2,197.03
Baird, Kathryn Coordinator Volunteer & Special Events 76,788.71 1,976.19
Balatti, Christa Manager of Health & Wellness 114,751.16 1,264.37
Barrett, Kevin Fire Fighter *113,468.65 2,770.43
Baski, Michelle Planner 1 79,256.01 345.00
Baski, Sebastian Fire Fighter *105,224.11 -
Bastaja, John Director of Corporate Support **105,012.55 -
Bayley, Christopher Fire Captain *138,438.42 20.00
Bean, Joshua Fire Fighter *107,710.44 -
Benson, Laura Manager of Sustainability & Corporate Planning 114,402.49 4,298.75
Bevilacqua, Jim Fire Captain *151,243.66 128.00
Bhandari, Anita Manager of Health Safety & Employee Development 103,631.13 3,191.51
Billard, Aaron Parks Operation Supervisor-Horticulture Arborculture Sports Field 77,611.28 4,016.48
Bitcon, Stan Supervisor 2 Engineering Operations 75,552.16 1,150.71
Blakeway, Alexander Foreman 3 **79,842.98 246.88
Boag, David Director of Parks & Facilities 146,025.93 538.72
Boehmer, Jeffrey Manager of Construction & Design 127,755.69 3,050.73
Bonderud, Edward Fire Fighter *87,337.09 -
Bonifazi, Marco Fire Fighter *105,079.14 190.00
Bruce, Robert Fire Fighter *111,035.46 -
Brummer, Russell Business Operations Coordinator 76,671.09 3,022.32
Carmichael, Rhys Fire Fighter *102,410.63 -
Carmichael, Russ Director of Engineering Operations **81,459.14 1,465.67
Carter, Christine Director of Planning 153,990.98 595.15
Christensen, Robert Fire Captain *138,010.32 -
Christiansen, Mark Tradesperson 2 Carpenter 75,588.10 513.60
Chui, Yvonne Recreation Manager of Arts & Community Connections 106,013.85 1,469.55
Cillis, Paul Engineering Inspector 3 83,086.61 759.62
Clarke, Terry Equipment Operator 4 **80,524.05 -
Clelland, James Assistant Fire Chief *117,022.71 2,400.00
Collard, Shaun Fire Fighter *115,114.46 150.00
Cooke, David Manager of Business Solutions 99,837.17 2,685.90
Cote-Rolvink, Stephen Manager of Inspection Services 131,732.59 1,887.85
Cotroneo, Tony Recreation Manager of Youth & Neighbourhood Services 99,141.21 1,857.92
Cotter, Steve Fire Fighter *110,807.77 -
Crabtree, Christina Director of Information Services 143,644.09 2,274.97
Cramb, Donald B.Senior Recreation Manager 139,401.13 515.29
Crapo, Ryan Tradesperson 2 Electrical 79,386.54 2,031.81
Cullen, Patrick Emergency Program Coordinator 87,907.98 2,433.37
Cummings, Travis Fire Fighter *104,657.83 -
Dale, Cindy Executive Assistant 76,284.09 19.17
Daunais, Don Electrical Inspector 84,598.90 589.61
Davis, Craig Fire Fighter *125,903.27 -
for 2016
City of Maple Ridge
Financial Information Act
Schedule Showing the Remuneration and Expenses
Paid 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) and (6)
City of Maple Ridge - Statement of Financial Information
Page 41 of 50
for 2016
City of Maple Ridge
Financial Information Act
Schedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each Employee
Davis, Jeffery Fire Fighter *106,466.24 60.00
Delmonico, Jordan Fire Fighter *107,448.04 -
Denton, Darrell Property & Risk Manager 100,499.29 1,827.99
Dingwall, William J.Manager of Utility Engineering 127,755.74 1,543.63
Dipalo, David J.Tradesperson 2 Mechanic 76,864.00 162.50
Dorrell, Robert Trades Supervisor 86,696.29 100.00
Dyer, Robert Trades Inspector 79,126.69 2,576.19
East, Robert Tradesperson 2 Carpenter 76,758.53 749.57
Eng, Michael Traffic & Transportation Technician 87,803.88 1,676.03
Ennis, Cheryl Executive Assistant, Administration 76,796.09 701.01
Ettinger, Glenn Fire Fighter *132,215.31 -
Exner, Howard Fire Chief, Director of Community Fire Safety 150,677.21 1,659.76
Forsyth, Janice Coordinator Aquatics 77,329.35 999.14
Foster, Mary Fire Fighter *113,402.92 115.00
Franklin, Steven Fire Captain *137,095.79 -
Frederick, Petra Coordinator, Leisure Access 76,984.29 516.02
Friesen, Jesse Fire Fighter *87,247.06 125.00
Gaudette, Christopher Fire Fighter *110,321.76 -
Gibson, Timothy Research Technician 76,923.74 42.80
Gill, Paul General Manager, Corporate & Financial Services **349,025.88 6,433.04
Gjaltema, Michael Manager of Electro Mechanical 92,752.51 1,973.12
Glasgow, Ian Fire Fighter *108,681.10 1,166.37
Goddard, Charles Manager of Development & Environmental Services 135,394.41 213.07
Gordon, Thomas Engineering Technologist 75,905.30 335.00
Gormley, Kathleen Manager of Business Systems **148,302.92 513.60
Guerra, Maria Senior Project Engineer 114,002.49 1,252.04
Guingcangco, Teresa Plan Checker 2 79,872.65 2,027.41
Guy, Ronald Engineering Inspector 3 83,801.60 766.06
Hall, Diane Planner 2 93,770.38 573.56
Hampton, Warren Fire Fighter *110,323.01 -
Hansen, Damon Fire Fighter *104,865.63 80.00
Harcus, David Fire Captain *135,839.69 80.00
Harrison, Caroline Network Analyst 79,295.90 6,024.79
Harwood, Kevin Fire Captain *132,295.83 -
Haydu, John Fire Fighter *116,989.78 -
Hewson, Glen Trades Inspector 79,126.70 968.67
Hopper, Clinton Fire Fighter *108,037.20 178.00
Jonat, Cameron Fire Fighter *114,174.30 148.00
Jones, Cameron Fire Fighter *104,434.68 -
Jones, Maureen Senior Manager of Police Services 120,056.74 531.41
Judd, Stephen Manager of Infrastructure Development 127,755.69 1,297.63
Juurakko, Timo Assistant Fire Chief, Community & Administrative Services 139,959.69 2,825.81
Kabanov, Andrey Fire Fighter *86,464.82 -
Kelleher, Jonathan T.Fire Fighter *110,715.03 20.00
Kelly, Paul Electrical Inspector 81,059.33 693.22
King, Frances Director of Human Resources 157,355.21 1,365.10
Kopystynski, Adrian Planner 2 96,341.07 1,123.77
Kovach, Natalie Systems Analyst 2 80,701.06 1,126.48
Kozlik, Mark Building Inspector 1 130,334.38 1,357.71
Lackner, Andrew Engineering Technologist 1 75,905.29 1,510.77
L'Arrivee, Michael Building Inspector 1 94,394.67 2,644.42
Laxton, Shannon Accountant 3 76,528.11 1,702.50
Lee, Chin-Kuan Financial Analyst 76,317.73 2,026.98
Lee, Joo Young Systems Analyst 2 79,865.11 1,696.46
Livingstone, Bruce Business Retention & Expansion Officer 80,179.77 5,102.92
MacDonald, Robert Fire Fighter *108,505.62 85.00
MacNair, Robin Manager of Bylaw & Licencing Services 116,563.19 1,381.48
Mah, Edwin Building Inspector 1 90,916.63 1,586.94
Marfleet, William Fire Fighter *103,558.85 70.00
Marlo, Ceri Manager of Legislative Services 127,405.69 290.00
Matthewson-Schober, Shawn Social Planning Analyst 91,467.33 2,599.18
McAusland, Andrew S.Facilities Operations Supervisor 80,007.08 1,145.80
McCormick, Wendy Director of Recreation 146,081.43 1,279.95
McCurry, Aaron Supervisor 2 Engineering Operations 87,182.21 584.91
McDougall, Malcolm Parks Operation Supervisor-Horticulture Arborculture Sports Field 75,639.74 3,511.20
McKee, Christopher J.Fire Lieutenant *122,623.61 -
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) and (6)
City of Maple Ridge - Statement of Financial Information
Page 42 of 50
for 2016
City of Maple Ridge
Financial Information Act
Schedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each Employee
McLeod, Bruce Manager of Parks Planning & Development **91,526.40 940.32
McLeod, Kirk Engineering Inspector 2 77,280.38 851.94
Messam, Erica Engineering Technologist 1 76,117.26 798.61
Mikes, Daniela Manager of Procurement 114,838.33 5,107.24
Millward, Michael Facilities Operations Manager 118,586.55 3,794.11
Moerman, Andrew Electrical Inspector 1 76,708.82 175.00
Moore, Kelly Fire Lieutenant *121,344.68 -
Murphy, Siobhan Planner 2 93,543.51 2,261.92
Nagra, Dhaminder Human Resources Advisor 87,013.13 169.18
Nairn, Cale Tradesperson 2 Electrical 76,099.88 1,652.22
Narayan, Sureshwar Senior Analyst Programmer 99,934.71 4,556.09
Nikula, Matthew Fire Fighter *90,445.72 -
Nolan, Catherine Manager of Accounting 114,620.41 2,607.71
Ogilvie, Ralph Fire Fighter *97,491.07 125.00
Oleschak, Walter Superintendent of Public Works 115,730.59 317.13
Patel, Brian Coordinator, Core Area 78,030.84 755.40
Perkin, Kevin Fire Lieutenant *125,183.06 -
Pollock, David Municipal Engineer 152,356.01 7,007.66
Pope, Danielle Manager of Business Operations 114,133.93 2,314.84
Porter, Gary Fire Training Officer *136,659.60 195.60
Quinn, Frank General Manager, Public Works and Development Services 195,453.94 6,677.92
Ramsay, Devin Fire Fighter *113,623.93 37.50
Ramsay, Robert Fire Captain *142,446.60 100.00
Richmond, Calvin Supervisor 3 Engineering Operations 87,533.45 898.72
Rule, James Chief Administrative Officer **77,753.26 -
Rutledge, Silvia Manager of Revenue and Collections 112,734.09 1,404.69
Schmidt, Kristofer Water Maintenance Worker 75,912.19 70.00
Schramm, Aaron Supervisor 3 Engineering Operations 83,910.53 588.56
Schurer, Oliver Business Systems Analyst 98,854.54 597.97
Schwaiger, Harry Building Inspector 1 79,380.49 924.56
Senchyna, Jacqueline Facility Support Programmer **86,745.69 1,696.34
Serediuk, Sean Manager of Infrastructure and Security Services 103,196.31 3,072.57
Seward, Adam Fire Lieutenant *121,845.31 3,198.00
Siracusa, Lino Manager of Economic Development 119,203.19 4,527.67
Smitton, Mark Assistant Fire Chief, Fire Prevention and Communications 128,005.69 2,516.55
Snow, Roy Fire Fighter *125,638.19 3,233.58
Speers, David Coordinator Health Wellness 76,700.49 548.12
Spence, Dane Fire Chief, Director of Community Fire Safety **183,012.04 850.36
Stetin, Velimir Engineering Technician - Projects 79,126.72 1,277.74
Stewart, Michael Fire Captain *143,478.30 155.00
Storey, James Director of Engineering Operations 120,987.50 1,542.18
Stott, Rodney Environmental Planner 93,595.69 -
Stripp, Mitchell Supervisor Electrical Mechanical 101,150.00 3,172.57
Swabey, Edward Chief Administrative Officer 244,743.33 16,116.09
Swift, Kelly General Manager, Parks Recreation & Culture 206,503.54 3,163.61
Taylor, Adam Fire Fighter *102,256.78 100.00
Teboekhorst, Dennis Fire Lieutenant *128,295.62 -
Thompson, Trevor Manager of Financial Planning 114,402.49 4,557.20
Todd, Thomas Supervisor 3 Engineering Operations 92,703.87 624.65
Ulrich, Cynthia Manager of Compensation 107,834.74 1,935.26
Van Dop, Michael J.Deputy Fire Chief *131,755.13 31,438.25
Vanderjagt, Ryan Fire Fighter *106,888.12 -
Varcoe, Thomas Supervisor 2 Engineering Operations 85,887.11 513.82
Veasey, Daryl Meter Maintenance Worker 80,797.09 262.60
Veltin, George Tradesperson 2 Mechanic 79,182.98 625.53
Vinje, Brock Fire Fighter *116,255.30 -
Vinje, Bryan Assistant Fire Chief, Training & Safety *136,976.29 10,657.67
Virs, Nicholas Fire Fighter *92,550.76 -
Walsh, Nichole Purchasing Supervisor 76,708.48 1,708.84
Wetherill, Michelle Manager of Human Resources 115,187.00 2,288.95
Wilson, Davin Superintendent of Waterworks 101,499.26 2,260.97
Wilson, Samuel Water System Operator 82,435.74 434.41
Wing, Graham Fire Fighter *107,990.67 75.00
Yan, Angela Systems Analyst 2 76,929.56 4,675.86
Zezchuk, Edward Trades Inspector 80,201.59 978.20
Zosiak, Lisa Planner 2 95,232.16 1,021.91
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) and (6)
City of Maple Ridge - Statement of Financial Information
Page 43 of 50
for 2016
City of Maple Ridge
Financial Information Act
Schedule Showing the Remuneration and Expenses
Paid to or on Behalf of Each Employee
Subtotal 19,056,920.94$ 285,181.63$
Consolidated Total of
Employees with remuneration 16,862,712.46 111,928.49
less than $75,000
Total All Employees 35,919,633.40$ 397,110.12$
3 Reconciliation
Total remuneration
Elected Officials 356,152.15$
Other Employees 35,919,633.40
Subtotal 36,275,785.55$
Other reconciling Items
CPP 1,131,896.53$
Employer portion of:EI 603,347.19
Accruals 110,959.03
WCB 401,449.65
Pension 3,440,174.00
Other employer costs 1,270,164.19
(Medical, Dental, etc.)
Wages & Salaries per Consolidated Financial Statements,42,941,796$
Annual Report, Page 63
*Remuneration includes the effect of retroactive contract settlements.
**Remuneration includes payment of previously accrued amounts.
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (e) and Section 6 (2) (a-d), (3) and (6)
City of Maple Ridge - Statement of Financial Information
Page 44 of 50
There was one severance agreement under which payment commenced between the
City of Maple Ridge and its non-unionized employees during the fiscal year 2016
The agreement represents 18 months of compensation*
*"Compensation" was determined based on salary
City of Maple RidgeCity of Maple RidgeCity of Maple RidgeCity of Maple Ridge
Statement of Severance Agreements for 2016Statement of Severance Agreements for 2016Statement of Severance Agreements for 2016Statement of Severance Agreements for 2016
Financial Information ActFinancial Information ActFinancial Information ActFinancial Information Act
Prepared under the Financial Information Regulation, Schedule 1, Section 6 (7) (a, b)
City of Maple Ridge - Statement of Financial Information
Page 45 of 50
1)Alphabetical list of suppliers who received aggregate payments exceeding $25,000
Supplier Name
Aggregate amount paid
to supplier
0780659 BC Ltd 1,826,717.28$
0946235 BC Ltd 157,964.62
A & G Supply Ltd 27,822.58
A O K Tree Service Ltd 37,859.85
Absolute Industrial Mechanical 59,930.34
AC Paving Company Ltd 413,245.80
Accent Glass & Locksmith 29,133.45
Ace INA Life Insurance 26,879.44
Action Data Communications 77,685.02
Active Earth Engineering Ltd 30,139.18
AECOM Canada Ltd 38,923.51
Alliance Painting 26,250.00
Alouette River Management Society 59,790.60
Andrew Sheret Ltd 47,874.87
Ansan Industries Ltd 28,311.06
Antiquus Archaeological Consultants Ltd 30,678.63
Aptean Inc 109,830.48
ATS Traffic 57,361.92
AW Fire Guard & Supplies Ltd 54,724.68
B & B Contracting Ltd 5,411,933.69
BA Blacktop 2,210,188.37
Bartle & Gibson Co Ltd 64,375.07
Bay Hill Contracting Ltd 37,726.50
BC Hydro 1,732,375.75
BC Institute Of Technology 35,274.21
BC SPCA 361,508.59
BDO Canada LLP 73,486.64
Berto Contractors Ltd 35,404.95
Black Press Group Ltd 63,636.88
Blue Pine Enterprises Ltd 172,283.35
Boileau Electric & Pole Ltd 782,304.27
Braun Geotechnical Ltd 25,109.49
Cambie Roofing 33,657.32
Campton Services Corporation 55,745.00
Canada Pipe Company Ltd 40,105.77
Canadian Pacific Railway 34,955.58
Canco Crane And Equipment Ltd 44,811.56
Cansel Survey Equipment 48,590.07
Canstar Restorations 58,863.47
Cel-Com Systems Ltd 39,468.25
Chairlines 25,222.40
Chem-Aid Services Inc 34,393.89
Chevron Canada Ltd 710,346.37
City Of Pitt Meadows 175,059.82
Civicplus 26,928.06
Coastal Roofing Ltd 25,100.25
Cobing Building Solutions 82,429.19
Commercial Aquatic Supplies 51,739.91
Co-Pilot Industries Ltd 96,702.90
Corix Control Solutions 49,540.96
Corix Water Products 190,479.77
Cover Star Structures Ltd 45,908.80
CSDC Systems Inc 71,292.75
Dams Ford Lincoln Sales Ltd 125,669.45
City of Maple Ridge
Financial Information Act
Schedule Showing Payments Made for the Provision
of Goods or Services for 2016
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
City of Maple Ridge - Statement of Financial Information
Page 46 of 50
City of Maple Ridge
Financial Information Act
Schedule Showing Payments Made for the Provision
of Goods or Services for 2016
Supplier Name
Aggregate amount paid
to supplier
Dell Canada Inc 47,599.41
Donald Flooring Contract Sales 31,332.00
Dougness Holdings Ltd 125,766.94
DTM Systems Corporation 94,615.61
Eagle West Crane & Rigging 30,569.41
Ecotainer Sales Inc 35,946.44
EECOL Electric Corporation 47,971.53
EMCO Corporation 54,167.61
Emergency Communications For British Columbia Inc 1,019,595.00
Empire Signworks Inc 31,305.90
ESRI Canada Limited 70,911.75
Eurovia British Columbia Inc 2,900,440.35
FDM Software Ltd 29,420.30
Finning International Inc 155,172.98
First Truck Centre Vancouver Inc 36,497.53
Fitness Edge 197,721.54
Flocor Inc 27,911.07
Fortis BC 172,874.16
Fraser Valley Regional Library 2,668,377.00
Frazer Excavation Ltd 110,609.97
Fred Surridge Ltd 159,817.81
Gibson Waterworks Supply Inc 41,835.66
Golden Ears Ortho & Sports 94,820.29
Golden Ears Winter Club 62,609.45
GOtraffic Management Inc 357,567.97
Grant Hill (GP) Ltd 93729.03
Great North Engineering Consultants Inc 28,226.65
Greater Vancouver Regional District 25,659.42
Greater Vancouver Sewerage & Drainage District 73,060.65
Greater Vancouver Water District 8,626,074.76
Green Cut Contracting 28,394.92
Green Landscape Experts Ltd 42,370.90
Guillevin International Inc 245,534.44
Hallmark Facility Services Inc 366,177.82
Hanks Trucking And Bulldozing 41,573.21
HCMA Architecture & Design 38,603.81
High Performance Climbing Wall 48,260.85
Hincks, Linda 47,408.04
Homewood Health Inc 42,560.01
Horizon Landscape Contractors 248,156.78
Hub International Insurance Brokers 192,257.00
Iaci, Frank 1,033,747.49
IDRS 38,171.59
Image Painting & Restoration Ltd 108,957.58
Imperial Paving 68,469.58
Infinite Roadmarking Ltd 133,448.81
Interprovincial Traffic Services 55,879.21
ISCMV - Invasive Species Council of Metro Vancouver 35,137.70
ISL Engineering & Land Services Ltd 345,999.18
Jacks Automotive & Welding 182,466.48
Johnston Meier Insurance Agency 35,806.00
Justice Institute Of BC 30,440.63
Kal Tire 27,739.51
Kerr Wood Leidal Associates 112,539.90
King Hoe Excavating Ltd 3,511,429.16
Kirk & Co. Consulting Ltd 29,773.81
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
City of Maple Ridge - Statement of Financial Information
Page 47 of 50
City of Maple Ridge
Financial Information Act
Schedule Showing Payments Made for the Provision
of Goods or Services for 2016
Supplier Name
Aggregate amount paid
to supplier
Kone Inc 27,823.05
Lafarge Canada Inc 453,418.53
Letts Environmental Consultants 47,356.95
Life Fitness International Sales Inc 37,768.99
Lordco Parts Ltd 77,846.18
Mainland Sand & Gravel ULC 73,584.06
Manulife Financial 1,176,415.88
Maple Ridge & PM Arts Council 875,194.99
Maple Ridge Carpet One 68,474.74
Maple Ridge Historical Society 146,887.00
Mar-Tech Underground Services 137,886.97
McElhanney Consulting Services 215,724.46
Medical Services Plan 357,187.42
Merkley, Blake Ralston 1,630,419.32
Mertin Nissan Ltd 71,819.88
Micro Com Systems Ltd 32,614.93
Microsoft Corporation 141,948.78
Mills Printing & Stationery 88,035.46
MMM Group Limited 30,525.34
Modern Ground Maintenance Ltd 32,972.45
MODUS 24,940.67
Municipal Insurance Association of British Columbia 1,007,088.08
Municipal Pension Plan 3,551,133.03
Murphy, Amanda 50,906.35
N.Wallace & Company Ltd 1,964,105.19
No 265 Seabright Holdings Ltd 62,965.73
Noble British Columbia 25,522.00
North Of 49 Enterprises Ltd 112,229.32
NOW Solutions 138,699.68
Nustadia Recreation Inc 446,397.50
Oakcreek Golf & Turf Inc 60,209.70
Open Storage Solutions 271,767.17
Opus International Consultants 266,134.81
Oracle Corporation Canada Inc 54,351.87
P & L Speed Print Ltd 30,790.11
Pace Group Communications Inc 65,109.67
Pacific Flow Control Ltd 70,398.30
Pacific Surrey Construction 27,983.21
Panorama LMS 4011 148,794.96
Paul Bunyan Tree Services 140,506.80
Pilgrim Consulting & Services 31,002.66
Pitney Works 54,271.03
Pitt Meadows Heritage & Museum 82,687.00
Platinum Stone Contracting Ltd 50,514.74
Polycrete Restorations Ltd 25,326.00
Popular Landscaping & Gardening 32,298.00
Precision Service & Pumps Inc 27,012.24
Progressive Waste Solutions Inc 71,580.92
Promix Concrete Ltd 30,789.78
PW Trenchless Construction Inc 162,973.28
Quantum Murray LP 35,338.13
RCMP - Receiver General 15,447,314.01
Receiver General For Canada 1,709,481.36
RG Arenas (Maple Ridge) Ltd 730,608.30
RGH Pacific Emergency Services 27,755.84
Ricoh Canada Inc 239,945.43
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
City of Maple Ridge - Statement of Financial Information
Page 48 of 50
City of Maple Ridge
Financial Information Act
Schedule Showing Payments Made for the Provision
of Goods or Services for 2016
Supplier Name
Aggregate amount paid
to supplier
Ridge Meadows Recycling Society 2,352,201.60
Ridge Meadows Seniors Society 286,380.00
Road Warrior Cutting 27,431.35
Rogers 232,927.92
Safe Vac Environmental Services Ltd 41,901.36
Sandpiper Contracting Ltd 416,556.20
Sanscorp Products Ltd 37,351.64
School District #42 27,917.11
Shamrock Consulting Services 34,781.27
Shaw Cablesystems 57,425.03
SHI Canada ULC 48,866.19
Smithrite Portable Services 34,197.56
Softchoice LP 82,914.05
SPARC BC 76,929.02
Spyders Inc 70,268.41
Stantec Consulting Ltd 206,229.00
SURD-BA Robinson Co Ltd 39,828.52
Surrey Fire Service 95,099.50
Swing Time Distributors Ltd 51,524.48
Tag Construction Ltd 29,337.00
Telus 126,417.14
Tempest Development Group 176,799.54
Tetra Tech EBA Inc 65,391.89
Thrifty Foods 32,474.50
Timbro Contracting 1,500,984.84
Total Energy Systems Ltd 60,087.62
Total Power Ltd 78,697.50
Trevor Jarvis Contracting Ltd 49,734.30
Triahn Enterprises 271,389.86
Trotman, Lindsay & Sumner 1,984,313.56
Tundra Plumbing Ltd 89,523.61
Union Of BC Municipalities 36,604.06
Urban Systems 155,444.29
Vimar Equipment Ltd 92,128.56
Warrington PCI Management 946,908.46
Westcoast Fitness Fixations Inc 30,815.68
Westridge Security Ltd 123,908.50
Westview Sales Ltd 38,714.74
Williams, A. J.50,299.44
Workers Compensation Board 496,163.47
Xylem Canada Company 61,007.36
Young, Anderson - Barristers 198,662.44
Zone West Enterprises Ltd 34,817.40
84,711,449.43$
Prepared under the Financial Information Regulation, Schedule 1, Section 1 (1) (f) and Section 7 (1) (a-c) and (2) (b)
City of Maple Ridge - Statement of Financial Information
Page 49 of 50
City of Maple Ridge
Financial Information Act
Schedule Showing Payments Made for the Provision
of Goods or Services for 2016
2)Consolidated total paid to suppliers who received aggregate payments of $25,000 or less
4,899,610.75$
3)Total payments to suppliers for grants and contributions exceeding $25,000
Consolidated total of grants exceeding $25,000 40,000.00
Consolidated total of contributions exceeding $25,000 -
Consolidated total of all grants and contributions exceeding $25,000 40,000.00
4)Reconciliation
Total of aggregate payments exceeding $25,000 paid to suppliers 84,711,449.43$
Consolidated total of payments of $25,000 or less paid to suppliers 4,899,610.75$
Consolidated total of all grants and contributions exceeding $25,000 40,000.00
Reconciling items Explanation below
Total per Financial Statements, Expenditures & Expenses, Good & Services including Capita 85,967,417.00$
Variance (3,683,643.18)$
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)
City of Maple Ridge - Statement of Financial Information
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City of Maple Ridge
11995 Haney Place
Maple Ridge, BC V2X 6A9
Canada
Tel: 604-463-5221
Fax: 604-467-7329