CAnFR 2017 Full Report

Consolidated Financial Statements

Schedule 2

Schedule of Change in Capital Funds For the year ended December 31, 2017

Actual 2017

Budget

Actual 2016

2017

Revenue Subdivision infrastructure contributions

$ 16,725,863 $ 20,000,000 $ 39,062,791

Government transfers

616,699

4,439,867 42,789,766 2,078,184

770,939

Development fees

7,412,371

16,470,744

Other capital contributions

129,719

419,127

Disposal of tangible capital assets

(2,668,693) 22,215,959

(4,014,982) 52,708,619

-

Total Revenue

69,307,817

Expenses

Amortization Total Expenses

20,585,216 20,585,216

19,780,000 19,780,000

18,209,180 18,209,180

Annual Surplus

1,630,743

49,527,817

34,499,439

Internal Transfers Transfers and principal payments from revenue funds

6,317,213 10,013,587

12,722,488 46,849,285

7,851,339 10,019,157

Transfers from reserves

Increase in capital funds

17,961,543

109,099,590

52,369,935

Capital funds 2 beginning of the year

950,534,751

950,534,751

898,164,816

Capital funds 2 end of the year (Note 14)

$ 968,496,294 $ 1,059,634,341 $ 950,534,751

City of Maple Ridge - 2017 Annual Report Page 59