2019 Annual Report

City of Chilliwack 80 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2019 Table of Segmented Information: Parks General Protective Trans. Landfill Water & Recreation Planning & Interest & Government Services Services Operations Sewer & Culture Development Other 2019 2018 Revenues Municipal taxation and grants-in lieu of taxes 85,026,622 $ - $ - $ - $ 33,320 $ - $ - $ - $ 85,059,942 $ 80,459,466 $ Government grants & transfers 7,080,813 1,254,213 646,323 - - 312,326 2,652,385 - 11,946,060 19,682,148 Sales of services 1,428,516 29,447 1,446,308 12,380,336 21,962,721 3,357,880 2,196,658 - 42,801,866 41,161,170 Licences, permits, penalties and fines 866,820 103,792 - - - - 3,162,228 - 4,132,840 3,999,845 Return on investments 2,264,873 - - - 615,619 - 135,088 499,824 3,515,404 2,848,372 Development cost charges - - 6,540,760 - 1,544,996 1,153,432 - - 9,239,188 13,478,114 Developer and other contributions - - 2,309,881 - 588,429 - - - 2,898,310 4,618,530 Other revenue 189,823 335,119 2,421,792 - - 339,456 57,558 - 3,343,748 4,898,673 96,857,467 1,722,571 13,365,064 12,380,336 24,745,085 5,163,094 8,203,917 499,824 162,937,358 171,146,318 Expenses Salaries and benefits 6,537,545 12,934,185 4,898,436 541,863 2,437,595 5,555,021 2,289,171 - 35,193,816 34,774,454 Goods and services 5,508,519 25,606,270 14,056,258 10,139,709 10,875,564 14,220,241 4,463,084 - 84,869,645 74,223,390 Administration allocation (2,030,000) - - - 2,030,000 - - - - - Interest and other - - - - - - - 826,035 826,035 2,700,274 Amortization of tangible capital assets 848,281 857,319 7,608,670 373,697 8,009,116 3,924,532 1,104,014 - 22,725,629 21,418,723 Transfer of collections - - - - - - 318,661 - 318,661 - 10,864,345 39,397,774 26,563,364 11,055,269 23,352,275 23,699,794 8,174,930 826,035 143,933,786 133,116,841 Annual Surplus (Deficit) Before Other 85,993,122 (37,675,203) (13,198,300) 1,325,067 1,392,810 (18,536,700) 28,987 (326,211) 19,003,572 38,029,477 Other revenues (loss) Loss on sale of tangible capital assets (70,265) - - - (461,861) - (3,323) - (535,449) (5,674,845) (70,265) - - - (461,861) - (3,323) - (535,449) (5,674,845) Annual Surplus (Deficit) 85,922,857 $ (37,675,203) $ (13,198,300) $ 1,325,067 $ 930,949 $ (18,536,700) $ 25,664 $ (326,211) $ 18,468,123 $ 32,354,632 $