2020 Annual Report

Annual Report 2020 77 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2020 Table of Segmented Information: Environmental Parks General Protective Trans. Health Water & Recreation Planning & Interest & Government Services Services Services Sewer & Culture Development Other 2020 2019 Revenues Municipal taxation and grants-in lieu of taxes 88,811,548 $ - $ - $ - $ 25,300 $ - $ - $ - $ 88,836,848 $ 85,059,942 $ Government grants & transfers 10,073,006 1,440,828 230,304 - - 5,400 2,110,123 - 13,859,661 11,946,060 Sales of services 1,479,868 32,658 1,222,097 14,120,062 23,017,705 1,744,426 1,938,674 - 43,555,490 42,801,866 Licences, permits, penalties and fines 602,959 85,517 - - - - 3,468,131 - 4,156,607 4,132,840 Return on investments 1,794,205 - - - 440,842 - 113,623 420,274 2,768,944 3,515,404 Development cost charges - - 20,374,821 - 3,442,757 2,382,153 - - 26,199,731 9,239,188 Developer and other contributions - - 6,060,679 - 1,746,603 - - - 7,807,282 2,898,310 Other revenue 203,409 273,413 1,074,821 35,000 - 217,178 96,517 - 1,900,338 3,343,748 102,964,995 1,832,416 28,962,722 14,155,062 28,673,207 4,349,157 7,727,068 420,274 189,084,901 162,937,358 Expenses Salaries and benefits 6,921,938 13,245,402 5,332,016 2,127,947 5,558,186 4,385,832 3,742,010 - 41,313,331 35,193,816 Goods and services 5,182,897 27,426,839 12,581,950 10,135,253 8,219,512 14,625,536 3,819,788 - 81,991,775 84,869,645 Administration allocation (2,030,000) - - - 2,030,000 - - - - - Interest and other - - - - - - - 352,951 352,951 826,035 Amortization of tangible capital assets 814,915 1,177,685 7,781,176 396,602 8,554,345 4,042,697 679,950 - 23,447,370 22,725,629 Transfer of collections - - - - - - 318,661 - 318,661 318,661 10,889,750 41,849,926 25,695,142 12,659,802 24,362,043 23,054,065 8,560,409 352,951 147,424,088 143,933,786 Annual Surplus (Deficit) Before Other 92,075,245 (40,017,510) 3,267,580 1,495,260 4,311,164 (18,704,908) (833,341) 67,323 41,660,813 19,003,572 Other revenues (loss) Gain (loss) on disposal of tangible capital assets 226,139 - - - (13,000) - - - 213,139 (535,449) 226,139 - - - (13,000) - - - 213,139 (535,449) Annual Surplus (Deficit) 92,301,384 $ (40,017,510) $ 3,267,580 $ 1,495,260 $ 4,298,164 $ (18,704,908) $ (833,341) $ 67,323 $ 41,873,952 $ 18,468,123 $ CITY OF CHILLIWACK NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2020