2023 Courtenay Annual Report

The Corporation of the City of Courtenay

Consolidated Schedule Of Accumulated Surplus & Reserves - Schedule 2 Year ended December 31, 2023

2023

2022

Surplus Invested in Tangible Capital Assets General Operating Fund General Capital Fund Water Utility Operating Fund Water Utility Capital Fund Sewer Utility Operating Fund Sewer Utility Capital Fund

$174,018,659

$170,008,982

19,318,822 733,665 5,830,425 108,869 3,461,914

13,399,070 733,665 5,920,905 108,869 3,197,321

21,706

21,706

Gaming Fund Total Surplus

2,142,538

1,951,345

205,636,598

195,341,863

Reserves General Fund Reserves: Machinery and Equipment

1,739,055 827,696 4,849,625 2,265,143 1,186,695 111,582 291,648 358,647 1,284,719 480,677 1,196,760 148,354 685,590 7,763,486 23,189,677 1,860,360 486,274 394,913 2,741,547 1,137,957 2,282,368 866,462 4,286,787

1,767,915 793,955 4,428,655 2,069,886 786,262 106,544 126,991 342,452 792,286 435,878 1,258,566 118,555 680,776 1,795,546 1,341,848 347,794 3,485,188 1,091,521 1,886,448 810,916 3,788,885 - 13,708,721

Land Sale

New Works and Equipment

New Works - Canada Community Building Fund (Note 6)

General Asset Management Reserve

Risk Reserve Public Parking

Parkland Acquisition

Police Contingency Reserve

Assessment Appeal Housing Amenity

Tree Reserve

Amenity

Growing Communities Fund (Note 7)

Water Utility Reserves: Water Utility

Water Asset Management Reserve Machinery and Equipment

Sewer Utility Reserves: Sewer Utility

Sewer Asset Management Reserve

Machinery and Equipment

Total Reserves

30,218,011

20,982,794

ACCUMULATED SURPLUS (Statement A)

$235,854,609

216,324,657

City of Courtenay | 2023 Annual Report

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