City of Chilliwack
Consolidated Statement of Operations and Accumulated Surplus
Year Ended December 31, 2013 with comparative information for 2012
2013
2013
Budget
2012
Actual
(Note 15)
Actual
Revenues
Municipal taxation and grants-in-lieu of taxes
$
65,097,839 $
64,464,050 $
61,957,887
Government grants and transfers
6,884,810
10,095,700
5,283,418
Sale of services
29,193,222
28,156,587
27,666,901
Licences, permits, penalties and fines
2,863,436
2,983,000
2,912,947
Return on investments
1,389,434
906,400
1,189,351
Development cost charges
2,478,327
15,353,500
6,513,947
Developer contributions (Note 9)
2,014,010
5,183,000
4,263,315
Other revenue
2,263,162
1,031,000
1,485,682
112,184,240
128,173,237
111,273,448
Expenses
General government services
7,824,472
8,206,300
7,862,228
Protective services
27,269,540
28,511,750
26,002,867
Transportation services
17,669,020
17,790,000
17,826,855
Environmental health services
5,494,302
6,188,100
5,466,514
Water and sewer services
17,998,064
18,118,700
17,063,131
Recreation and cultural services
17,992,028
18,093,800
16,262,447
Planning and development
7,091,730
7,123,477
5,334,392
Interest and other
234,103
251,000
252,565
101,573,259
104,283,127
96,070,999
Annual Surplus Before Other Revenues
10,610,981
23,890,110
15,202,449
Other revenues
Gain on sale of tangible capital assets and property under development
2,247,871
-
2,520,342
Annual Surplus
12,858,852
23,890,110
17,722,791
Accumulated Surplus, beginning of year
731,965,072
731,965,072
714,242,281
Accumulated Surplus, End of Year
$
744,823,924 $
755,855,182 $
731,965,072
See accompanying notes to consolidated financial statements
City of Chilliwack Financial Statements
43
2013 Annual Report
