City of Chilliwack
Notes to Consolidated Financial Statements
Year Ended December 31, 2013
10
Accumulated Surplus:
Accumulated surplus consists of individual fund surplus, statutory reserves and surplus invested in tangible capital assets as follows:
2013
2012
Operating Funds
Unrestricted:
General
15,272,514
$
11,641,742
$
CEPCO
5,540,617
2,258,786
Tourism
412,274
379,489
Water Fund
2,450,000
2,350,000
Sewer Fund
2,360,000
2,210,000
Building - Protective Services
910,922
910,922
Landfill
4,897,202
5,922,712
Sewer future works
14,705,583
10,972,631
Water future works
9,599,820
8,176,534
Work-in-progress
3,076,800
2,865,000
Soil Removal
191,475
217,508
Other
1,603,004
2,430,730
61,020,211
50,336,054
Statutory Reserve Funds
General Capital
7,268,474
4,742,917
Equipment Replacement
2,736,722
2,834,281
Subdivision Control
671,632
614,807
10,676,828
8,192,005
Investment in Tangible Capital Assets & Property Under Development
General
380,158,183
374,045,032
Water
126,802,887
127,608,773
Sewer
157,812,265
161,536,316
CEPCO
8,304,990
10,190,542
Tourism
48,560
56,350
673,126,885
673,437,013
744,823,924
$
731,965,072
$
11
Collections for other governments:
The City collects and remits taxes on behalf of other government jurisdictions as follows:
2013
2012
B.C. Assessment Authority
844,124
$
836,009
$
Fraser Valley Regional Hospital District
3,009,972
3,010,417
Municipal Finance Authority
2,581
2,574
Ministry of Education
32,895,229
32,020,016
Fraser Valley Regional District
1,739,647
1,711,250
38,491,553
$
37,580,266
$
These taxes are not included in the Consolidated Statement of Operations of the City.
City of Chilliwack Financial Statements
52
