City of Courtenay Annual Report 2021 draft

The Corporation of the City of Courtenay

Consolidated Schedule Of Accumulated Surplus & Reserves - Schedule 2 Year ended December 31, 2021

2021

2020

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

$160,673,223

$151,448,746

12,501,874 1,112,772 4,822,489

7,804,685 1,216,307 3,857,366

108,869

108,869

3,671,054

3,221,528

21,706

21,706

Gaming Fund

1,876,417

1,683,464

Total Surplus

$184,788,404

169,362,671

Reserves General Fund Reserves: Machinery and Equipment

2,358,700

1,656,316

Land Sale

780,085

778,916

New Works and Equipment

4,055,274 3,051,945

3,547,179 2,550,961 2,005,246

New Works - Community Gas Tax Funds (Note 5) New Works - Covid-19 Restart Grant (Note 6)

159,500 869,859 104,682 122,578 311,723 771,211 319,870

General Asset Management Reserve

697,285 104,525 61,224 311,255 511,413 319,390 876,475 94,690 563,386

Risk Reserve Public Parking

Parkland Acquisition

Police Contingency Reserve

Assessment Appeal Housing Amenity

1,012,922

Tree Reserve

120,052 669,693

Amenity

14,708,094

14,078,261

Water Utility Reserves: Water Utility

1,734,832 1,038,778

1,742,065 1,037,014

Water Asset Management Reserve

Machinery and Equipment

311,891

281,448

3,085,501

3,060,527

Sewer Utility Reserves: Sewer Utility

843,982

566,687

Sewer Asset Management Reserve

1,946,031

2,397,909

Machinery and Equipment

722,180

646,159

3,512,193

3,610,755

Total Reserves

21,305,788

20,749,543

ACCUMULATED SURPLUS (Statement A)

$206,094,192

$190,112,214

City of Courtenay | 2021 Annual Report

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