2018 Annual Report

City of Chilliwack 73 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2018 Table of Segmented Information: Parks General Protective Trans. Landfill Water & Recreation Planning & Interest & Government Services Services Operations Sewer & Culture Development Other 2018 2017 Revenues Municipal taxation and grants-in lieu of taxes 80,431,093 $ - $ - $ - $ 28,373 $ - $ - $ - $ 80,459,466 $ 77,397,011 $ Government grants & transfers 3,627,051 1,017,379 3,333,197 8,108,000 1,040,255 2,556,266 19,682,148 12,804,224 Sales of services 1,460,804 24,087 1,195,407 11,906,138 20,539,971 3,911,682 2,123,081 41,161,170 39,166,811 Licences, permits, penalties and fines 583,505 36,700 3,379,640 3,999,845 4,646,700 Return on investments 1,633,044 600,944 106,530 507,854 2,848,372 1,985,652 Development cost charges 8,581,012 1,541,566 3,355,536 13,478,114 8,699,313 Developer and other contributions 3,649,719 968,811 4,618,530 6,587,910 Other revenue 74,708 225,639 1,715,979 683,804 1,154,451 1,007,329 36,763 4,898,673 2,612,503 87,810,205 1,303,805 18,475,314 11,906,138 32,471,469 9,461,924 9,172,846 544,617 171,146,318 153,900,124 Expenses Salaries and benefits 6,223,131 12,050,034 4,571,232 487,601 4,302,813 3,771,488 3,368,155 34,774,454 33,104,685 Goods and services 5,081,272 22,048,049 11,669,475 11,315,721 6,471,736 15,465,115 2,172,022 74,223,390 71,165,054 Administration allocation (1,990,000) 1,990,000 - - Interest and other 2,700,274 2,700,274 347,243 Amortization of tangible capital assets 780,468 687,751 7,446,267 351,544 7,718,180 3,257,063 1,177,450 21,418,723 20,349,007 Transfer of collections - 309,312 10,094,871 34,785,834 23,686,974 12,154,866 20,482,729 22,493,666 6,717,627 2,700,274 133,116,841 125,275,301 Annual Surplus Before Other 77,715,334 (33,482,029) (5,211,660) (248,728) 11,988,740 (13,031,742) 2,455,219 (2,155,657) 38,029,477 28,624,823 Other revenues (expenses) Loss on sale of tangible capital assets (5,674,845) (5,674,845) (130,527) (5,674,845) - - - - - - - (5,674,845) (130,527) Annual Surplus 72,040,489 $ (33,482,029) $ (5,211,660) $ (248,728) $ 11,988,740 $ (13,031,742) $ 2,455,219 $ (2,155,657) $ 32,354,632 $ 28,494,296 $