REGIONAL DISTRICT OF CENTRAL KOOTENAY Nelson, BC FINANCIAL STATEMENTS December 31, 2016MANAGEMENT REPORT ‘The consolidated financial statements have been prepared by management in accordance with Canadian public sector accounting standards and the integrity and objectivity of these statements are management's responsibility. Management is also responsible forall the notes to the consolidated financial statements and schedules, and for ensuring that this information is consistent, where appropriate, with the information contained in the consolidated financial statements, ‘Management is also responsible for implementing and maintaining a system of internal controls to provide reasonable assurance that reliable financial information is produced. ‘The Board is responsible for ensuring that management fulfils its responsibilities for financial reporting and intemal control and exercises this responsibility through the Board, ‘The Board reviews internal financial statements periodically and external Audited Financial Statements yearly. ‘The external auditors, Berg Lehmann, Chartered Professional Accountants, conduct an independent examination, in accordance with generally accepted auditing standards, and express their opinion on the consolidated financial statements. ‘Their examination includes a review and evaluation of the District's system of internal control and appropriate tests and procedures to provide reasonable assurance that the financial statements are presented fairly. ‘The extemal auditors have full and free access to the financial management of the Regional District of Central Kootenay and meet when required. On HKofihe ‘Regional District of Central Kootenay Stuatt Hom, CPA, CA Chief Financial Officer Regional District of Central Kootenay April 13, 2017 Regional District of Central Kootenay Box 590, 202 Lakeside Drive, Nelson, 8C VIL5R4 Web: wuwrelck.ca Telephone (250) 352-6565 Email: info@rdcl.be.ca BC Toll Free 1-800-268-7325 Fax: (250) 352-9300cel ee rena INDEPENDENT AUDITORS' REPORT To The Board of Directors of the Regional District of Central Kootenay We have audited the accompanying consolidated financial statements of the Regional District of Central Kootenay, which comprise the consolidated statement of financial position as at December 31, 2016, and the consolidated statements of operations, changes in net debt and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information. Management's Responsibility for the Financial Statements TTI] Management is responsible for the preparation of these consolidated financial pete) statements in accordance with Canadian pubic sector accounting standards, and for such intemal contrcl as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsiblity is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auciting standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. ol, Sepa sstg Peach ¥epa INDEPENDENT AUDITORS’ REPORT (continued) To The Board of Directors of the Regional District of Central Kootenay Opinion In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Regional District of Central Kootenay as at December 31, 2016, and its consolidated financial performance and cash flows for the year then ended in accordance with Canadian pubic sector accounting standards, Othor Matters Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements taken as a whole. The supplementary information is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. Such supplementary information has not been subjected to the auditing procedures applied in the aucit of the consolidated financial statements and, accordingly, we express no opinion on thereon, by ih oa Chartered Pt rofessional Accountants April 13, 2017 Nelson, B.C.REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF FINANCIAL. POSITION As at Decomber 31, 2016 FINANCIAL ASSETS ‘Gash and temporary investments (nate 2) Accounts receivable Due from member municipalities (note 4) ‘Due from member municiplies-acctued interest LIABILITIES ‘Accounts Payable and accrued libiiies ‘Acorued Interest payable - MLFLA, ‘Lanai closure end post closure costs accruals (note 5) Capital Lease Obligations (nate 8) Debenture Debt MFA (note 7) Equipment financing loans (nete 8) Deferred revenuo (note ©) NET DEBT (Exhibit "3") NON-FINANCIAL ASSETS ‘Works-n-prograss (note 10) ‘Tangible capital assats (note 11) ‘Agsots under capital lease (note 11) Inventory of supalies Prepaid expenses ACCUMULATED SURPLUS SURPLUS BALANCES Unrestricted Restricted reserve funds (note 13) Equity in tangle capital assats (note 14) {ENT LIABILITIES (note 16) ief Financial Offcer 2016 $32,388,278 2,983,625, 20,029,208 244,553 55,508,681 4,405,544 525,289 3,988,073 "498,711 154,956,925 143,277 604,158 aa ene 9,871,216) 3,948,484 199,203,713 4,428,808 143,686 ta 105,047 875 $95,476,659 $2,648,854 23,925,440 6,902,395 Sasa Exhibit" 2018 4,168,714 21/888, 204 254911 55,094,340, 2,983,919, 534,448 3,804,867 835.215 87,451,223 "94,028 509,631 68,468,415 (11,969,075) 4,977,609 94,008,928 4,708,429 "51,904 570,834 99,014,902 $_ 87,645,027 $2,482,822 23,882,903 81 500,102 $87,645,827REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF OPERATIONS For the year ended December 31, 2016 REVENUE TaxLevy User Fees: Grants and donations Gas Tax grant-Community Works Committed funding - Columbia Basin Trust Donated Land Interest earnings: Interest earings - Capital funds Interest earnings - Reserve funds Rental revenue Porat fees Cost reeaveries and contract revenue Sale of materials EXPENSES. Logislalive- directors expenses, ‘Administration services Wages and employees benefits Provision for Lanefil closure and post closure costs tities General - operations and maintenance \Vehiclas- operations and maintenance ‘Equipment operation and maintenance Grants Financial services grant ‘Committed funcing - Columbia Basin Trust Gas Tax grant-Community Works Sarvioas contacted out Debt services charges - interest ‘Amortization Loss on dispose! of equipment [ANNUAL SURPLUS (note 10) ACCUMULATED SURPLUS, BEGINNING OF YEAR Financial Officer Budget 2018 $25,826,054 8,162,994 9,326,240 75.000 502,618 480,000 41,995,937 121,018 48,489,201 925,424 4,470,959 12,928,874 ‘71,708 4,192,007 1/994,727 ‘307,102 724813 4,304,243 6,716,102 1,722,735, 92,437,289 14,051,962 Actual 2016 $25,809,921 8,302,414 2,614,127 4,833,225 1,483,468 29,920 487,323 226,832 549,092 622,516 832,088 21,039, 48,354,563, 214,919 4,744,454 18609,506 380,382 4,089,621 312,438 ‘365,733 654,668 4,481,109, 2,735,162 1,484,280 582,306 6,997,024 4853,214 5,288,950, 40,523,734 7,830,892 87,845,827 535.75, 080_ Exhibi Actual 2015 3 24,954,497 8,687,398 2,308,812 4,280,790, 11227.498 417,982 369,958 303,307 481,860 522,487 625,400 48.288 40,884,095 71,023 4,648,486, 12,815,876 ‘109,520 41,280,486 11995,624 414475 957,23 1,640,818 2,469,304 4,473,086 error? 6,526,038, 2,198,955 85,447,272 $97,945,827Exhibit "3" REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF CHANGES IN NET DEBT For the year ended December 31, 2016 ‘Actual ‘Actual 2016 2015 ANNUAL SURPLUS $7,930,832 _$_ 2,198,555 Acquistion of tangible capital assets (9,384,114) (10,418,768) ‘Amortization of tangible capital assets Including leases 5,288,360, 5,410,630 Decrease (increase) in Works-In-progress net of irensfer (1,970,875) 4,100,368 Net book value of sold andl donated vehicles 22,043 = ey Decrease (increase) in supplies inventories 3218 9,198 Increase in prepaid expense: 35,448, (99.794) 43,666 (00,595) (CHANGE IN NET DEBT 4,797,888 41,202,282 NET DEBT AT BEGINNING OF YEAR (11,309,078) 12,591,807 NET DEBT AT END OF YEAR § (9,574,216) _§_(11.989.075) hist Financial OfficerExhibit "4" REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF CASH FLOWS For the year ended December 31, 2016 2018 2018: OPERATING ACTIVITIES “Annual supus sos 2,198,555 Nn-ash Ross ‘Ametzaon 5.200.360 410.690 {Loss on sispasal of equipment * Actual asiments 497,323) ‘Changes in repaid expenses 35.448 ‘Changes in inventory of suppbes e218 gases a5 210- Changes to Manca aasets Docountsrcolvable (4,895,914) 963,731 Other receivables 10,350 1420 (T4556) B80 Changes to farce bites ‘ooounts payable and acrued Habies 1481,631 2sx2376) Lana eosure& post closure costs scaruals e116 (Gi347-138) doorued iret (e189) (121500) Defered revenue 24527 (48,120 Tao0.H18 a0.222) Cah Provided By Operating Actes 12999,004 3970099 CAPITAL TRANSACTIONS ‘Arson of agibo capa ascts i) 0418769) PPreoseds from sal of tangible capa assats 183000 ‘Decrease (increase) in Works-n-progress not of transfer (1,970,876) Cash applid to caplal transactions (14,984,988) FINANCING ACTIVITES: Capit brewing ‘774,000 - Equipment fnencing borrowing 7 200,982 payment of principal on capital eese obigations (939,504) (373,103) Repayment of principal on equipment fencing loans (60,751) (8,304) Repaymont of long-form debt (1,272,076) 1.272.076) Cash Provided By Financing Actes (808,331) 145154 INCREASE IN CASH 386,764 (2,873,980) CASH, BEGINNING OF YEAR 31,902,514 35,256,474 CASH, END OF YEAR $ 92988278 Ss 31,082,514. Financial OficerExhibit REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2016 1. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation ‘The consolidated finance statomontsrefoc al venus, oxponditures, assets and lables ofthe Regional District ‘of Cental Kcotensy. tis the Ditrits policy to folow accounting orinciples generally accoptad for Brish Columbia Regional Districts end apply such principles consistenty. The statements have been prepared In accordance with ‘Canadian public sector socounting standards, a9 estabishod by tho Public Sector Accounting Board (PSAB) ofthe Chartered Professional Accountants of Canada. “The focus of the PSAB statemonts ison th fzancal positon ofthe District and the changes thereto. The Statement of Financial Postion includes all the assets and bliies of tha Distrlet. This provides information about the District's ‘overall future revenue requirements and its ability to nance activities and meet is obigations. “These consolidated statements include accounts ofall the funds of tha Reglonal District of Central Kootenay. Inter- {und transactions and balances have boon eliminated, Revenues are accountod fr inthe peo in which the ‘ransactions or events occurred that gave rise to the revenues. Exponditures are accounted fr inthe period the [goods and servis are eoquired and a Habit Is inoured or transfers are due, Basis of Accounting “The resources and operations ofthe Distt are segregetad into valous funds for accounting and financial reporting ‘purposes, each being treatod ae a separate entity with responsiblity fr the stewardship ofthe assets allooated to ‘The District has the folowing funds: ‘Operating funds - these funds are used to record the operating actives ofthe Distct including general ‘operations and the wator and transit ules. Capital funds these funds are used fo recard the angulation and fnancing of the capital assets, Capital funds have been eetablished forthe general operalons and the water and transit us. Reserve funds - these funds have been established to hold funds for speci requirements “The Distt follows the accrual method of racoring interest on long-ierm dab Financlal Instruments ‘The District's finenolal instruments consist of cash invastments, accounts recalvabe, accounts payeble, capital lease obligations, and long term debt. It's managements opinion that the Distct is not exposed to significant interest, Currency, or credit risks arising from thees financial Instruments, Tho far values of these fnancal instruments ‘approximate thelr carrying valus,Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at Decomber 31, 2016 1. SIGNIFICANT AGCOUNTING POLICIES (continued) Invastments Invostment deposits are recorded at cost, except Municipal Finance Authorty (MPA) investment deposits which are recordad at market value. Tangible Capital Assets “Tangible capital assets, comprised of capital assets and capital works in progress, aro recorded at cost less accumulated amortization and are classified according to thelr functional use. Amotization Is recorded on a straight line basis over the estimated useful Ife of te asset with one half of the amortization taken inthe year the asset Is put into service, Donated tangibio assets are reported at flr value atthe ime of donation. Estimated useful Ives are as follows: Bulging and buling components 20 to 40 years Engineering structures (including land improvements) 5 to60 years Paving 46 to 40 years Operating and ofies equipment 510.20 years Leased Assets Leases entered into that transfer substantial al the benefits and risks associated with ownership are recorded as ‘tho acquisition of a tangible capital asset and the incurrance of an obligation. The asset is amortized ina manner consistont wth tangible capita asseis owned by the District and the obligation, including interest thereon, is Bquidated ver the orm ofthe ease. Allotharleasas are aocounted for as operating leasos, and rental costs are expensed as Incurred. Deferred Revenue Funds rocalved for spactc purposes which are externally restricted by legislation, regulation or agreement and are rot availble for general municipal purposes are accountod for as deferred revenue onthe statement of financial positon. The revenue is recognized inthe statement of operations in the year in which tis used forthe specified purpose. Use of Estimates “The proparation of financial statements in accordance with Canadian public sector accounting standards requlras management to make estimates and assumptions that affect the reported amounts of assels and labilties at the date of te financial statements, and the reported amounts of revenues and expenditures during the reporting pared, Significant areas requiring estimatos include the useful feof tanglble capital assets for amortization and the provision for any contingencies. Actual results could differ from management's best estimates as addtional Information becomes available in tho Futur,Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2016 4, SIGNIFICANT ACCOUNTING POLICIES (continued) Revenue Recognition “Taxes are recognized as revenue in the year they are levied. Charges for water usage are recarded as user fees in the year they are charged. ‘Conditional grant ravenus is rocognized to the extent the imposed conditions are met. Unconeional ‘grant revenue is recognized when monies are received, Grants forthe acquisition of tangible capital assets are recognized in the period the expenditure is mado. ‘Soles of services and other revenus is recognized on an aoorual bess. Sullding Permit revenue is recorded when cash is received. Inventories: Inventories held for consumption are recorded at tha lower of cost or net realizable valu. Government Transfers CGovemment transfers are recognized as revenus inthe porlod thatthe transfer is authorized, efit citer, if any, have boon met, and a reasonable esimate ofthe amount to be received can be made. 2. CASH AND TEMPORARY INVESTMENTS 2016 2015, Reserve funds and temporary lnvostments $23,925,410 $23,662,909 Deferred funds (note 9) 4,158, 589,631 Landi closure and post closure funds (note 6) 3,986,073, 3,904,957 Unresticted cash and tomporary investments 3,825,023, Eases 5. OREDIT FACILITY “Tho Regional Distt has are fect agreement wih than iltuton ch proves oa eal comment Sane oul boson, 201 Ye Roonal Dstt had caw an emaurt of 3N8(2018- Sons room 4, DUE FROM MEMBER MUNICIPALITIES “The Reglonal Distt of Cental Kootonay borrows funds ftom the Municipal Finance Authority on behalf ofits member municipalties, The amounts due from the muricjpalites is their portion ofthe debenture debt outstanding.REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2016 5. CLOSURE PLANS - LANDFILLS ‘The Regional District of Central Kootenay has had engineers prepare design and operation plans forthe active District anfils. These plans include detaled sequencing of lancill osure phases and oosts assoclatad with each phase, The net present vee of the lanl closure and post closure moaltoring coats fer the next several yeas is as Tellus: East We Contra Waste We Cumulative Capacty Use to Date (8) 155,180 240,500 768,600 Total Capacty of tre Site 07,000 1,045,000 2,857,800 ‘Annual postelosure costs Years 1-10 3 sas § «42600 $68,000 Yours 11-25 $ 23800 «$= (25500 § © 38,000 Posteioaure cre porod in years 2 2% 25 Projected year Silo Closure 2082 2078 2059 Projected PV Cost of Sta Closure end Post Closure $ © 5,407,000 $416,000 § 6,116,000 Landi tabity end cost accruals ais 2018 Landi Libilty Open Stes 3,958,468 5,084,769 LandfilLibity Closed Sites 296,848, 208,046, ‘Total Landi Liabity $ 4255909 $ 8301.815 Closure costs expended (288,236) 1 458,858) Not Total Landi Liabity $__ 3966073, _$ 3.004.957 Subsoquent o year-end sequence 1-4 of the Central Landfil wes closed, Sequene 5-12 Is net planned tobe used ‘atthis ime. The RDCK has not yet receved the engineers fnal report confiming the lend has beon eed in ‘accordance withthe Ministry of Environment standards, Once te the canfmalion Is acelved the ROCK wil aust ‘he related laity to actual which wl comprise only the porton ofthe ailty lating to post closure cost,Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at Decomber 31, 2016 6. CAPITAL LEASE OBLIGATIONS ‘The Regional Dist of Central Kootenay has leased cerlain pieces of equipment for spocfic purposes. Atthe end of ‘each lease, the District has the option to purchase the equipment or renew the lease. The minimum loase payments including purchase options forthe next three yoars areas follows: zor 248,019 2078 75,485 2019 184,105, a7 aS Less: Amount representing interest : 1408 ‘Ag: PST payable 32,430 S___ 495714 7, DEBENTURE DEBT - MFA, Debt principal ls reported net of sinking fund balances, and intorest expense is reported net of sinking fund earings. Included inthe debenture debts debt that the District has incurrd on behalf ofits momber municipalities. 2018 2015 DDebenture debt outstanding allocated as follows: ‘Due fram member munigplitos (S00 note 2) § 20,029,208 $21,688,204 (Owing by the District 34,827,620 35,769,019, Dobenture debt outstanding in Canadian funds (SeeScheduet) | _84,056825 _§_57.451,223 ‘The debenture debt boars various interact rates set atthe time of borrowing and adustad on the 10th anniversary if applicable; debt has varying maturity dates. “The estimated principal payments roqured in tho next five year, onthe Districts portion of long-term debt, ar9 as follows: 2017 4,786,920 2018 1845, 698 2019 4,872,627 2020 836,008 2021 1,883,428Exhibit (Continues) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2016 8. EQUIPMENT FINANCING LOANS -MLF.A Debt Interest Year of, Ofiginal Balance Balance Bylawit _rato% Maturity Issue. 2016 2015, Western star “388/t6 — 1.43% 2020 79.208 35,990 7156S Vehide «STAG 1.43% ©2020 39,208 30,954 38,577 Phone system 637/15 1.43% 2018 83.888 56,333 53,888 $ __goagaeg 143.277 44,028 ‘The estimated principal payments required in the next our years, on the equipment fanelng debt, aro a follows: 2017 51,400 2018 52,254 2019 24,168 2020 15,446‘Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2016 9. DEFERRED REVENUE Beginning Ending Balance Additions Reductions Balance Recreation Centres 230,878 385,203, 230,878 385,303 Golumbia Basin Trust wart 1,522,018 1,820,172 175,817 (CBT Community Directed 68,977 03,077 - other 408,408 129,398 108,408, 123.338 B_5ne,cat $205,560 $1,997,082 $084,158 a. Recreation Centres Deferred Revenue ‘The Distct has a current belanoe of $285,203 of funds reesived in advance of programming from recreational centro users. Thoso funds are recognized in revenue in the future period whan the related program has been provide. », Columbia Basin Trust ‘The Distict received $1,521,908 (2015: $1,900,630) in Grant funding and funds retumed from completed projects Interest of $1,010 (2018 - $1,337) was recelved in the current year. During the yeaa total of $1,520,172 (2018 - ‘$1,287, 104) was expended ©. CBT - Community Directed Funds. 1n 2013 The District recalvad $100,000 in grants for Community Inttatves inthe Slocan Valley. The Dist ‘expended $88,877 (2015 - $31,123) ofthese funds inthe current yoor. 4d, Othor Deferred Revenue “The Distiet hes received $128,998 in various deposits, These funds are recognized in revenue inthe future period ‘when the related program has been proved. +10, WORKS-IN-PROGRESS ‘Work in-progress includes Arrow Crook mainline replacement and reservoir, Nakusp transfer station upgrades, North Shore Hall phase 2, anc West Creston Fire HallExhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at Decembor 31, 2016 ‘11, TANGIBLE CAPITAL ASSETS AND ASSETS UNDER CAPITAL LEASE TANGIBLE CAPITAL ASSETS General Capital Fund Land Builcing and bulging components Engineeting structures (including land improvements) Paving Operating and office equipment ‘Accumulated amortization [Net General Captal Fund Tangible Capital Assets Water Utility Capital Fund Lend Building and building components Engineering structures (Including lan improvernents) Paving Operating and office equipment ‘Accumulated amortization Net Water Utity Captal Fund Tangible Capital Assets Transit Utlty Capital Fund ‘Bus Sholters ‘Accumulated amortization [Nat Transit Utlty Captal Fund Tangible Capital Assots TOTAL NET TANGIBLE CAPITAL ASSETS. [ASSETS UNDER CAPITAL LEASE General Capital Fund Operating and office equipment ‘Accumulated Amortization Water Utility Capital Fund Oporating equipment ‘Accumulated Amortization ‘TOTAL NET ASSETS UNDER CAPITAL LEASE 2018 2015 $ 992076 $8,988,133 Taatiata 67,208,016 13,579,696, 13,265,988 4,177,978 4111,047 sgs77.727 48,128,275 117,739,581 709,699,456 (41,601,882) (37,244,650) 76,197,509 71,454,798 1,430,709 1,480,709, 4,345,952 4,941,937 24,473,623 23,717,898 ‘638,871 538,565, 30,717,980 (7,828,150 ——22075,886 _ 22,680,620 377,783 341,108 (97,485) (79,494) 240,918 261,697 $99,293,713 $04,606,326 S 1845421 § 2,621,160 (718,645) (822,539) 4,126,506 4,898,627 : 37,965 (28,163) 9,802 $__4128,808 $1,708,429Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ‘As at December 31, 2016 412, DEBT RESERVE FUNDS - MUNICIPAL FINANCE AUTHORITY “The Murilpal Finance Authority of British Columbia provides capita nancing for roglonal districts and theie member ‘municipalties, The Authority is required to establish a Dobt Reserve Fund. Each regional dito. through its ‘ember municipalities who shara in the prooeeds of the debt issue is, reqitred to pay Into the Debt Reserve Fund Crtain amounts set out inthe dabt agreomonts. The intorest cared by the Func less administrative expenses becomes an obligation tothe regional dlsrits, ft any no a regional strict has insufctnt funds to meet payments on is obligations, it must then use the monies to fs eradt withn the Debt Reserve Fund. Upon maturity of 2 dobtissua, the unused portion ofthe Debt Reserve Fund established for that issue wil be discharged to the Rogiona Distt or the Municipal, The proceeds from these discharges will be credited to income inthe year they, fare recaived. These amaunts are not inchided inthe Regional Districts hancit statements. The dotall of the cash ‘oposite and demand notos at year end ere as follows: Demand Noto cash Requtrement 2018 Total 2016 Total Balance, beginning ofyear —«S~S=«1083.824 «$2,812,984 § © «8.87E18B-$-3:386,351 ‘Add: Interest earnings 28,585 - 29,585 26,664 Naw issues 10,200 2112 34,602 5 Deduct: Payouts on debt retirement (18,6485) (99,969) (65,014) (6,757) Balance, dnd of year S 1007064, § 2204277 $3,801,331 $3,876,168 [At Decamiber 81,2016, the member municipalities potion of tls resorve fund is $1,683,650 (2015 - $1,608,268) 1, RESTRICTED RESERVE FUNDS “The Distct has saveralraserve funds held for specific purposes, ‘The changes in these funds were as follows: 2016 2015 Fund Balance, at begining of yoar $ 23,662,903 $24,728,106 ‘Ade: Interest earnings 228,882 303,907 Contrbullons to reserves: 8.374.646 2,946,644 “Transfers cut of reserves (3.340.974 (45315,234) Fund Balance, end of yer (statement ©) $_23.925,410__$_29,002,003 $_n23825410_$_25,562,003,Exhlbtt "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at Docomber 31, 2016 14, EQUITY IN TANGIBLE CAPITAL ASSETS “The consofidated equity intangible capital assets represents total tangible assols fas the long tra dab Iseued to ‘acquire the assets. The balance Is comprisod ofthe follwing: 2016 2018 Investmentn capital assets Is calculated as follows Tangible capital assots $ 99293713 § 94,606,226 Assets undar capita lease 1,125,808 4,708,429 Work in progress 3,948,484 41977,609 Deduct: Amounis flaanced by ~oans and debenture debt (net) (24,827,620) (35,703,019) equipment financing loans (143,277) (194,028) ease contracts payable (495,714) 855,215) Fund Balance, end of year (Exhibit 1) 68,902,395 __§ 16, MUNICIPAL PENSION PLAN ‘The Regional Distct of Central Kootenay and its employaos contributa tothe Municipal Pension Plan (the Plan), @ Jointly tusted pension pian, The board of trustees, representing plan memibers and employers is responsibe for ‘administering the plen including investmeit of assols and administration of benofils. The plan Is a mull-omployer lefined benefit pension plan, Basic ponsion bens are basod on a formula, As at December 81, 2016, the plan has ‘about 189,000 active members and approximatoly 85,000 ratirad mombers, Active members Inolide approximately 87,000 contributors from local goveenments Every three years an actuarial valuation fs porformed to assos the financial postion ofthe plan and the adequacy of plan funding. The actuary determines an approprato combined employer and member eontaution rats to fund the plan, The actuary’ calculated contribution rat is based on the enty-age normal cost method, which produces the long-term rate of member and employer contibutions suifcient to provide banofits for average future entrants tothe plan. This ata is then adjusted to the extent there is smortzation of any funding dei, ‘The most recent valuation forthe Municipal Pension Plan as at December 31, 2015, Inleated a $2,224 mrition {uncng surplus for basic pension benefits on a going concem basts, The nex! valuation willbe as at December 31, 2018, with results avalalo In 2018. Employers participating in tha Pian record thar pension expanse as the amount of employer contributions mada {during the fiscal year (defined contribution pension plan accounting). This is because the plan records accrued ‘abilles and acerusd assets for the pian in aggrogate with tha result that thor is na consistent and rllable bes for allocating the obligation, assets, and cost tothe individual employers participating inthe plan. ‘The Regional Distict of Central Kootenay paid $687,198 (2018-8853,767) for employer contribution ta tha plan in fiscal year 2016. 16, CONTINGENT LIABILITIES: ‘The Regional District of Centrel Kootenay is curently engaged in certain lagel actions iniiatad by outside parton, the ‘outcome of which sre not determinable a his imo. Accordingly, no provision has been made inthe accounts for any loss which may arise from these actions “The amount of loss, I any, arising from these contingent labililes vl be recorded in the accounts in the patlod in ‘hich the loss is realized.7 18. 19, REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at Decomber 31, 2016 ‘COMMITMENTS: “The Distct has commitments for specie expenedtures in various functions. These commitments wl be rat through taxation for those functions inthe year of the actual expenditures, BUDGET RECONCILIATION “The budgeted figures ore based onthe adopted Five-Year Financial Plan forthe year 2016 approved under byaw 2808 on March 17, 2016. “The Financial Plan Bylaw anticipated use of surpluses accumulated in previous years to balance against current year ‘expenditures in excess of curent year reverwes. Financial Plan Byiew surplus forthe year 8 140473 Ad ‘Capital expenditures 17,192,875, abt principal eopayiments 11297,994 Capital lease principal repayments 380,957 “Transfers to raserves and own funds 8,118,905, 26,987,734 Deduct Borrowing 1,858,000 “Transfers from reserves and own funds 10715817 ‘Surplus Included in accumulated surplus 4,948,989 14320,500 ‘Budget surplus reported in the nancial statemonts 3 14051,902 ‘COMPARATIVE FIGURES Cortan comparative figures have been reclasiied to conform withthe current year's presentation.1REGIONAL DISTRICT OF CENTRAL KOOTENAY SUPPLEMENTARY INFORMATION. BALANCE SHEET CAPITAL FUNDS AS AT DECEMBER 31, 2018 NON FINANCIAL ASSETS. WORKS IN PROGRESS ASSETS UNDER CAPITAL LEASE ‘Accumulated amortization ‘TANGIBLE CAPITAL ASSETS, at cost Land Bullaings Bus shelters Engineering structures: Paving Operating equipment ‘Accumulated amortization TOTAL NON FINANCIAL ASSETS: FINANCIAL ASSETS, DUE FROM OTHER MUNICIPALITIES (re MFA debt) ‘Due from Village of Nakusp Due from City of Netson ue from Village of Salmo Due from Village of Kaslo Due from Village of Silverton ‘Due from Village of New Denver Due from Town of Creston Deduct: Actuarfal acerual ‘TOTAL ASSETS (BOTH NON FINANCIAL AND FINANCIAL) FINANCIAL LIABILITIES, LEASE CONTRACTS PAYABLE DEBENTURES OUTSTANDING Municipal Finance Authority (Schedule "1%) Deduct: Accrued Actuaries EQUIPMENT FINANCING LOANS OUTSTANDING ‘TOTAL FINANCIAL LIABILITIES EQUITYIN TANGIBLE CAPITAL ASSETS chief Financial Officer 2016 3,948,484 1,846,424 (718,615) 7,128,808, 10,422,788 78,787,808, 377,783 38,083,519 1,866,849, 20,255,758 (60,440,645). 99,293,713. 104,369,003 4,479,077 19,792,449 ‘928,695 294,677 380,477 3,744,140, 720,308,615 : (280,310) 20,028,205 124,998,208 495,711 55,308,378 (452,583) 4,856,025 143,27 55,495,813 68,902,395 _ Statement "A" 2015 4,977,609, 2,889,125 (850,686) 7,708,428 i 28 10,418,842 71,847,962 341,188 36,983,886 11798,918 18,868,041 (45,162,301) 134,806,928 98,202,064 41,248,494 14,953,114 998,045, 344,200 29,874 438,316 4,295,097_ 1 943,078 (254,975) 7,688,204 119,980,508, 835,218 57,854,813 (403,590), BF 451,228 194,028 58,400.46, 8 61,500,402.REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION INVESTMENT IN CAPITAL ASSETS CAPITAL FUNDS, AS AT DECEMBER 31, 2018 BALANCE, BEGINNING OF YEAR ADD: Capital expenditures in the year including works-in-progress Contributions from operating funds for MFA debt reduction Contributions from operating funds for capital lease principal payments Contributions from operating funds for equipment financing payments ‘Accrued actuarial increase ‘Actuarial increase - Sinking Funds DeUC’ ‘Amortization PST adjustment on capital lease obligation [Net book value of sold and sorapped capttal assets Proceeds from equipment financing agreement with M.FA, Proceeds from M.F.A. debt issued MLPA. debt issue costs BALANCE, END OF YEAR (Statement 2016 61,500,102 11,364,989 1,272,078 340,253, 50,751 23,828 413,795 8485.50 74,965,494 (5,288,350) (749) (765,260) (7740) 6,083,089) $6 38,002,305 Statoment "B" 6,318,401 4,272,077 374,328 8364 25,008, (6,410,630) (1,225) (22,043) (202,392) (6,636,200) 8 61,500,402‘nyse sok ses A non soz essa suse toe” Sheps ‘x (@buvana oom sons anise saunawi sunssy soe nexsauoaa Lys enna anne owveuoau jwvineessans _amvas00H IND 3138S WHOISare TT TATA ST RET ee ier wee veces ops hing acon a EIDIOK, EF TES TT TOY pene irag fuaricssa sompisiig stuns stoping sjoriesea = meeey siege) sinuoany wee stan ‘ice sie pecs el @huayen sla 4 pamuping 9, wa sor ‘vexsemaoaaaw sv ‘canna anaes {sans aor oummmioan aenessuneamy trom siorye2ea samgunaeg —sties—suomigmvog—sjoriezea «sassy suomi) suas Seeimeg Boe ‘ee sie ween Tet uasenn tenes aun suassy suee‘yexrenso3a wwe ‘conns anise ‘aansaowrwa ouvaesoan sseatens ans yen. Amin Dw aN) do MS HANOIREGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION OPERATING FUNDS BALANCE SHEET (GENERAL, WATER AND TRANSIT) ‘AS AT DECEMBER 31, 2018, FINANCIAL ASSETS ‘Cash on hand and in banks Short-term Investmonts ‘Accounts receivable Due from participating municipalities Due from own funds M.A, Debt Reserve Fund ‘Member Municpalitos Regional District LIABILITIES ‘Accruod wages payable ‘Accrued interest MFA. debt ‘Accounts payable Doferrod revenue Dus to own funds ‘Landfl closure and post closure cost accruals MEA, Debt Reserve Fund ‘Member Municipalities Cash requirement = Demand note requirement Regional District + Cash requirement = Demand note requirement NET FINANACIAL ASSETS NON FINANCIAL ASSETS Inventory of supplies Prepald expense and travel advances ACCUMULATED SURPLUS (Statements " ) et Flnanclal Officer 2018 S$ 5,841,608 2,634,855 2,863,625 244,563 1,503,649 4,797,682 14,966,052 646,669 525,289 3,788,875 684,158 33,675 3,986,073, 478,967 1,404,682 608,087 4,189,595, 42,996,070 4,969,982 143,606 595,186 678,872 82,648,854 Statement "D* 2015 S414094 6,538,087 41,168,711 264,911 4,368,590 1,808,367 4,767,794 13,119,301 502,054 534,448 2,451,059 509,631 3,904,997 479,14 1,130,258 586,713 1,462,078 11,59.407 4,760,284 181,904 570,634 Te 528 $2,482,822REGIONAL DISTRICT OF CENTRAL KOOTENAY [SUPPLEMENTARY INFORMATION ‘SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2016 ‘Service At00 - Envionmental Series Senoe A101 - Consolidated Emergeney Programs Senice A102 Fiesourca Rovoveias Sendce AOS Utity Services Senice S100 Ganaal Adminstration Sovloe S101 - General Government Electors Areas Senice $102 - GIS Senos $103 - Bulking inspection Senin S104 Planning and Land Use Sondce S105 - Community Sustainabity Senice $106 Feasblty Study Service ‘Senioe St07- Economic Development Services Area A ‘Senice S100 - Economie Development Services «Creston and Azoas 8 & G ‘Serle S109 Econamie Development Services -Kaslo and Ares D ‘Sexice S111 ~ Economie Development Services ~ Nelon and Areas E &F Sonic $113 - Economia Development Servioss - Salo and fires G Seni S114 ~Zoanomie Development Sorvces- New Denver, Siverton, Slocan and Area H ‘Sonice S116 -Econamie Dovalopment Seniess Lower Arrow, Areas | Bd ‘Seni 8116 Economic Development Services ~ Upper Arrow, Area K ‘Service S117 -Adviaory Planning Commission - Ares A Sonioe S118 - Advsory Planning Commission - Area B Senice S118 Aveory Planning Commission ~ Ares © Sevice $120 Advaary Planning Commission Area D ‘Sone S121 - Advisory Panning Commission Area © Senice S122 Adveory Planning Commission ~ Area F Sanioe $123 - Adsory Planning Commission Area & ‘Senice $124 Advisory Planning Commission ~ Area H Sarvice S125 Advzory Planning Commission - Area Sevice $128 - Advisory Planning Commission ~ Area J Sanioe $127 -Adveory Planning Commision ~ Arca Sense 6128 Fite Protection Sores - Area A, Rlondel Seve 5129 Fire Protection Services Areas A & C, Wynndel ‘Sovvce $190 - Fire Protection Services -Datined Portion of ea 8, Uistor Sere S181 ~ Fite Protection Serces - Creston Fire Conant ‘Sevice $182 Fire Protoaton Services -Detinad Area D, Kasia Contract Sener $133. Fre Protecion Servoes - Defined Area E, Blewett -Nokon Fre Contract ‘Sone S194-Fte Protection Serdces - Area F, North Shore ‘Serco S135 Fie Protection Sorvoss~ Area G, Salmo Fie Contact Senice 5126 - Fire Protection Services - Area G, Yi Sone S187 - Fite Protection Sores - Area, Tamys/ Pass Creak ‘Sevloe 5198 - Fire Protection Serveos- Area J, Robson / Resntery Senice 8139 Fife Protection Services -Detned Porton of Area Nakusp Contact Service S140 - Fire Protection Services - Area, New Denver Fre Contact ‘Soviee S18! -Fite Protection Services -Dofined Areas & F -Batfoutarop ‘Sorvce 9142. Fie Protection Services - Defined Area, Siocan Valley Seniae S143 Fire Protection Services -Defned Area K, Faunuler Savio $104 Fite Protection Serves -Defned Areas E& F, Beasloy/ Blewett Cartes Forward Statement & 2046 Surplus 2015 Suriue (were) (Dei) 8 qyst $ (157595) (105.0 (68148) 15783 140,701 soe 88,780 osaste 145,440 (ass) (22,40) (sam) te08 Sram (11451) (asso) (68.958) 4797281 41919 1779 ngs zr mas, ta 4205 2) saazeT 15,450 az18 8138 4geo0 (70080) 4aass 118088 ° 207 4.198 887 078 2at3 4.588 0 ‘00 a0 aout 708 sit03 1.408, 2305 256 ‘310 2.060 aust 2907 72 ‘tana @ @ 10928 i 29004 : en 1 a (tan) (osaee) (68582) @ @ asi 8887 (e790) 500) 2828 420 ®) 28 asta) (488) 3548 : s258 (92201) ° 8 ang - $ tasers § 1520670REGIONAL DISTRICT OF CENTRAL KOOTENAY Statement E contiued ‘SUPPLEMENTARY INFORMATION, ‘SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2016 CCarod Feevard 8 1455074 § 1629670 Sorce S145 Fie Protection Servloes- Defined Arba J, atischenia (era) (aan) Senice $148 - Fit Protection Servicas- Defined Area J, Hud Vallay an (248) Sondee S147 - Fie Protection Services -Dafind Area J. Farvcw a 1 Service S148 - Fra Protection Services -Definedavea 8, YahlcKingsgete oat 18877 Service $149 - Jans of Life Service Area &J 10,696 13234 Service S160 - Javs of Life Service -Kaslo us “73 Service S151 Jaue of Life Service - Salmo and Ares G 455 154 Senco 8162 - Jams of Lif Servica- Creston and Areas A,B & sez (14874) Senice 8183 Jaws of Life Service - Search and Rescue - Nekusp and Area K +4069 ai) Sence $184. Jaws of Life Service Search snd Rescue - Nelson and Salmo EFG 3483 3,695 Sanice 5155 -Jave of Life Service Search and Rescua -Castegar 11958 1832 Senice 8156 - Emergency Communication 911 (07) 28,092 Service 8187 - Emergency Program Sonica - Creston and Areas A,B & C 27 (2.209) Senice $158 -Emergancy Program Service - Salmo and fea & (635) (e28) Senvice $159 - Emergency Program Service - Nakusp and Area 197 (1,888) Senice $160 - Emergancy Program Service - Nelson and Areas E& 7258) (sa) Senice S161 - Emergency Program Service -Siveren, Slocan and Area H (668) 41303 ‘Service 8162 - Emergency Program Service Keslo nd Area D ®) 1518 Service 8163 - Emergency Program Service - Areas | & J 2.980 407 ‘Service S164 -Dyking- Defined Potion of Areas B & C, Goat River ® o ‘Sorice 5185 -Drainsge- Area A. Rlondel 34720 35,580, Service 8108 - Steet Lighting -Dafined Porton of Area A, Rondo ‘59 41270 ‘Sexico 8167 -Stroct Lighting - Dafne Peron of rea, Yiit +1960 a8 Senice 8168 - Soot Lighting -Datined Porton of Area H, South Slocan 953, 184 Senice 5168 -Stroet iging -Datind Porton of Area ian 434. 364 Senice 8170 - Street Lighting - Defined Porton of Area J, Robson on 287 Service 8171 - Street Lighting -Detinad Paton of Area K, Edgsweod 505 20 Service 8172 - Stroat Lighting - Defined Portion of Ara f, oykin Subviion 26 a Sanvice 5173-Sirest Lighting - Souvem Slocan Villy 4.288 108 Service 8174 Cemetary - Creston and Areas AB & C 14x 372 Sane 5178 -Cometay- Areas E & F (135) 208 Service S177 - Cemetary - Nakusp and Defned Area K 2225 © Senice $178 - Cemeteras - New Denver, Siverion snd Defined Porton of ea H (68) 3 Savice 8178 -Cameteros - Defined Area'H! - (636) ‘Service $180 - Animal Control -Definad Area, Briiant 53 405 Sonica 5181 - Animal Gantal -Defined Area J, Robson 19.258 788 ‘Service $122 - Animal Control -Nakusp and Defined Area K (era) 8,808 Sonica 5183. Animal Contol- Areas E &F s42tt 13351 Service 8184 - Mesqulla Contel- Area D 11759 23.801 Service 5185 - Mosquito Canal - Pineige 181 ‘900 Sevice $188 - Refuse Disposal - Eastern Subregln - Creston an Areas A, B & C 311,895 209,684 Sonics $187 - Refuse Disposal - Cental Subrgion Nelson, Salmo, Kaso, and Areas DE, F&G (1209418) (1,417,849) Senvice $188 - Refuse Disposal - Wester Subregion Castlogar, Slocan, Siverin, New Denver, Nakusp, Area H, 1, J & K aegi2 410.487 Senoe $189 Rondel Refuse Transfer- Defined Potion of roa A m - Saris S190 - Soptage Treatment Faalty - Westen Subregion 75,500 80,980, Carod Forward $ 900781 § 957,650REGIONAL DISTRICT OF CENTRAL KOOTENAY Statement E contnost [SUPPLEMENTARY INFORMATION SUNIMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2016 Cariad Forward 8 990781 $ 957,650 ‘Serice 8191 - Museum and Archives - Creston Areas A,B & G 939 288 Service 8162 -Muscum and Archives -Seimo and Area G 562 29 ‘Sevice 5199 - Pub Library Serves - Creston and Areas A,B & C 3400 : ‘Sence S194 Library Kaslo and Defined Porton of Area D 1362 4981 Senice S195 Library- Salmo and Defined Portion of Area G as 4322 ‘Sonn $198 Libary Financia! Grant -Nekusp and Defined Portion of Area K (204) p63) Sence $107 - Library Financial Grant - Area J 2 8 Service $198 -Lirary nancial Grant~ Area | 1 ° ‘Serie S199 - Library Financial Grant- Area (49s) 2 Senise $200 - Library Financial Grant- Area H a8) 0 Senvioa $201 - Regional Pars - Creston and Areas B & C 8 1 ‘Service §202 - Regional Parks ~ Nelson, Salo ard Areas EF & G yasass 162,002 Senice S208 - Regional Perks -Slocan, Siverion, New Donver and Area H (025) 25454 Service $205 -Regional Parks ~Area A . (i704) ‘Sovice $208 - Ronde! Resteation Lands and Patks -Datined Porton of Aza A : Sanice $207 - Recreation Area - Defined Portion of Azeas E & F (Formerly Blewett i Hil en : ‘Serica $208 - Summit Lake Sk Hil Nakusp, New Denver, Silverton, Area K & Defined Porton of zea H ees) gem Senice $200 - Recreation Facts -Definod A -Rionéel 23890 9.81 Service 6210 - Yiir Community Hall 16 en) ‘Sowice S211 -Recteaion Facts F -North Shore Hall (63,659) 396 Senioe $212 - Recreation Facilites -Detined Potion of Area K, Suton Hall 54 © ‘Sonioe 8213 -Reeretion Faies- Defined Porton of Area Ks Fauquisr (148) o ‘Sowloe S214 Recreation Fecites~ Area H, South Slovan Hall 916 404 Senice S215 Salmo Wellness Centre Area G 30 30 ‘Serve S218 - Castlegar and Distct Youth Cento Areas | & J so787 ings ‘Seniee 5217 ~ Crawford Bay Beach and Hall- Defined Aven A o E ‘Sorice 5218 - Salma Vallay Youth & Community Cento 52 a8 Serica $219 TV. Socily- New Darver, Silverton and Defined Aros H 148 2m ‘Service 5220 -T.V. Saclety-Dafined Area H and Siocan um 3 ‘Senice 8221 - Regional Ree Senice - Kasi ard Area D 33,859 28488 ‘Service $222 - Castlegar and Distct Community Combe, Castlegar and Areas | & J Mast 191010, ‘Senioe $223 - Nakusp ArenaRecreaion Cente ‘951 ar) Sendze 6224 Creston and Distt Community Complex Creston, Area and Defined Porton of Area A and C (oss) E Sevioe 6225 Svdmuning Pool- Salmo and Aree G 1 505, ‘Sonice 8226 - Nelson and Distt Comunity Complex “Nelson, Area F and Defined Potion of roa E ree 924469 ‘sevice S227 -Cestagar and District Aquatc and Finess cents = Castogar, Area and Defined Portion of Area se494 310,196 ‘Serve $228 - Recreation Commision No. 4- Nakusp and Defined Foron af Area K 7.860 21,394 ‘Sovice $229 -Recretion Commission No. 6 “Naw Denver, Silverton and Defined Portion of Area H (162) 181 Sonic 8290 Recreation Commision No. 7- Salmo and Area S 23,304 4005 ‘Senice $231 - Recreation Commnisslon No. 8 -Slecan and Defined Porton of Area (44s) (16,149) ‘Seve 5282 -Rocretion Commission No, 8- Defined Porton of Area A 33,083, sot ‘Sonico $238 -Perstranit Services ~ Nelson ané Area : ° Card Foran $ s7ae282 § 1,962,403REGIONAL DISTRICT OF CENTRAL KOOTENAY Statement E centres ‘SUPPLEMENTARY INFORMATION ‘SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2016 Conte Forward $4,799,242 § 1,902,408 Service $284. Creston and Area Transit 8467 750 ‘Sarice $237 - Castlegar and Area Transit 38,998 25,828 Senice $238 - North Shore and Siocan Valley Tranit 22,029 50709 Service 5239 - Kootenay Lake Weet Transit 15,483 sero. Senioe S240 - Alport - Creston and Areas B & C 1088 1198 Service S241 - Water Uty- Defined Area A - Ronde 9.978) (4408) Senice $242 Water Usity- Senca Park (60,036) 10,882 Service $243 - Water Uty-Listor 15574 (@,000) ‘Service S244 - Water Usity-Ynir 5at2 (982) Service S246 - Water Utity- South Siocan : sz721) Service 8248 - Wats Usity- Macdorald Crack (4,022) 2,161 Service $267 - Water Uti - Lucas Rose (1,881) (asso) Senice 5248 -Water Uti - Duhamel Crock 54 451 ‘Seryice 8249 - Water Util - Denver Sicing 10,9882 6.562 Senice 5250 - Water Uti Erickson 122,987 59,318 Service S251 = Water Utity-Azrow Creck (6179860) (101,268) Service S252 - Water Utiy- Burton 4,402 1268) Savice S253 - Water Utily- Edgewood 10593, 4.988 Sorvloe $264 Water Utilty- Faugdlor 12684 ¢70,062) Sarvico S255 - Water Uti - Balfour (232872) (204,53) ‘Service 8256 - Wale Uilty- West Robson 4,536 a) Savice 8257 - Water Uilly- Woodland Heights (4358) 002 Servos $258 - Wate Utiy - Grandview ‘462 13,500 ‘Serve 8259 -Water Uslty- Woodbury 14280 (02) Servion 8280 - Water Util - Roseberry 4093 11385 Diserefonary Grants (Grans-n aid) Senice $261 -Discretonary Grants (Grantsin-ld) - Area A 3,008 24,984 Service $282 - Discretionary Grants (Grantsin-sid) Area 8 5225 14.347 Sone $283 -Diseretionary Grant (Grant-n-id) = Area C asia Series S286 - Discretionary Gran (Grants-in-ld) - Area E 7s Senice 8288 - Discretionary Grants (Granis-n-aid)- Ave F 28,393, Senioe $257 -Discredonary Grants (Grans-in-id)-Avea G oad Sonice S288 Disertonary Grants (Grans-in-2id)- Area H 15,308 Service $269 -Discretonary Grants (Grants-in-id)- Area 24,522 Saree 8270 -Diseratonary Grants (Grant-in-aid)- Area J 55,204 Serle $271 -Disoretlonary Grant (Grants) - oa K 38,075 Sere 272- Discretionary Gran (Granisin-aid)- Old Area E : Sere 273 - Discretionary Grants (Grerts.in-ald)-Old Arwa F : : ‘Service 274- Discretionary Gants (Grantsn-ag)- Ot Area H a : Service 276 - Discretionary Grants (Grants iva) -Oid Area : : ‘Sorvce 276 - Discretionary Grants (Grantsin-ad) - Old Area J : Serve 8277 - Discretionary Grants (Grants-in-ald) -Slocan 248 285 Senice 5278 Fire Proteaton Services Ainawarti Woodbury @ : ‘Sexice 278 - Recreation Commission No, 10 Defined Perbon of Area E (6,858) (7a78) Cand Forward $ 1231sea § 1887.151REGIONAL DISTRICT OF CENTRAL KOOTENAY Statement E continued [SUPPLEMENTARY INFORMATION SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2018 Caries Forward Ss 12atse4 $1867.31 Senice $280 - Fire Protection Services Kasia 2aigos (506,98) Senice S281 - Fre Response ~ Arrow Creek @ (2.802) ‘Service $282 Economie Development Services ‘Municipalities and Electoral Aroas on West Side of Kootenay Lake except Area F a um Sonice S205 - Stare Insect Coto! - Creston and Defined Porton of Areas A, B&G wv 7 ‘Service $284 -Nolge Contol- Electoral Area 10516 10518 Sence S285 - Unt and Unsighly Properties - Area 6,130 6.130 Senice $286 Untiy end Unsigty Properties ~ Area) 5,388 5.388 ‘Service S207 - Uni and Unsigy Properties - Area E agi 1817 ‘Servo $288 - Unt and Unsightly Properties ~ Area F 41230 41220 ‘Service S280 - Untidy and Unsightly Properties ~ Area G 5,850 5.860 Service $280 -Unisy and Unsghtly Properties ~ Area 8 1,456 4156 Senice 6294 - Fira Response - West reston (143.401) (as) ‘Sendoe S29 - Local Conservation Service 139,380 19,750 Service X100 - Community Development sasrata— 1918,144 Serves X10¢ - Columbia Basin Trust Funding naive Z ‘Sonvice X102~ Community Works Funding : (Statements Dar ie pene nancial OfficerREGIONAL DISTRICT OF CENTRAL KOOTENAY SUPPLEMENTARY INFORMATION ‘STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 2018, REVENUE, Sonics A100- Environmental Servioes ‘Save A101 - Consolidated tmergency Programs ‘Serve A102 Resource Recovers ‘Service A108 - Usiy Sendces Sonvca S100 -Goneral Administration ‘Service S101 - General Government Electra Areas Serdoe S102- GIS ‘Sordeo $103 - Bldng Inspection ‘Sorice 8104 Planing and Land Us ‘Serie 8105 - Community Sustalnabilty ‘Sondce $106 -Foasity Study Service ‘Sondoe $107- Economie Development Sordons Arca A ‘Sundce $108 - Economic Development Sandces Creston and Areas B & C ‘Sonica $109 - Economie Davelopment Sanices- Kesla nd Area D ‘Sanice S111 - Economie Development Serces - Neon an Areas E& F Seniee S119 - Economie Development Serdces - Salmo and Ares G ‘Sendco $114 - Economie Dovelopment Sonicos- Now Denver, Slvaron, Slocan snd Area H ‘Sandee 8116 -Ecopomie Development Senses Lower Arrow, Areas 18.4 ‘Sonica S116 - Economie Dovelopmant Sarvies - Upper Arrow, Area K ‘Sonice S117 -Advlory Planning Commission - Area A Sondoe $118 - Advisory Planning Commision «Area 3 Sendce S118 -Adssory Planning Gormision- Area © ‘Serdcv $120 - Advisory Planning Commision - Ares ‘Sonice 8121 - Advisory Planning Commission - Area E Senice 8122 -Adaory Planning Commission - Area F Sendce $123 -Adveory Planning Commission - Area G Senco $124 - Advisory Planning Commilan- Ara H Senice 5125 - Advisory Planning Commission - Area | Senco $120 - Advisory Planning Commission - Area J Senioe S127 - Addeory Planting Commission - Area Sovee $128 - Fie Protection Serene - Area A, Rlondsl Service $120. Fie Protec Senicas Areas A& C, Wynndet ‘Senica $130 - Fira Protection Seness -Delned Porton of Area B, Lister Service $131 - Fle Prtecion Serveas - Ceston Fre Contract Senice $182 -Fie Potocton Senicas-Datned Area D, Kaslo Contact Senvoa $133 -Fie Potacion Sanvieas Dated Area E,Slowet-Nelzon Fre Contact ‘Service 8134 - Fie Protection Servess ~ Area F, Norhh Shore ‘Sevoa 8135 - Fle Potacon Sorvcas~ Area G, Salmo Fire Contact Senco $196 - Fe Protection Sencas - Area G, Ye Senco 8187 -Fire Potacon Servcas~ Areal, Tanys/Pass Creek Senvce $138 Fie Potacon Services ~ Area J, Robson Raspboxy ‘Service $139 Fie Protactlon Serveas - Dated Porton of Area K, Nakusp Contract ‘Senco 5140 - Fie Potooon Sorvoos~ Area H, Now Denver Fie Contact Serica S141 - Fw Protacon Services - Defined Areas’ &'F'- BalourParo Senfca 8142 -Five Protein Sorveas -Dotned Area H,Slocan Valley ‘Service $149 - Fe Protction Seroes - Delis Area K, Faugue ‘Senvce S144 - Fe Protection Sarvces- Defined Aveas E & F, Beasley / Blewett Carlet Forwaré Statement F 2018 ants $ —s80,108 § —e82.452 sorz77 517,988 stata as2.8t6 Tossa 679.851 5860875 5,918,002, 4iso933 4.112219, ssqgoz "272.829 ‘arora torts wooo 575,280 ssoar2a,tt4 4719 tr 307298 20,208 mes 187,629, 32.878 (22) 30723 s0t,t09 20,995 21882 10980 ra4a25 toast 165,108 3,042 3.238 1438 120 sate 2708 4798 2.005 a0 1670 2st 4340 41343 sats 2.585 2.785 2,080 2.290 2007 3.237 ‘ose 2.200 @ @ 159,009 189,744 2seta2 298,747 2642 224,314 sei7es 155,018 : ‘i902 vasots 1471508 21409 128,470 60.361 59,350 mats? 173,828 mates aa4att arior7 199,658 92,188 92,962 m9t2 83.502 sige 13,634 soa7es 690,887 15.228 15210 303823 4T5,625 S 1,806,042 $ ‘6,009,048REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 2018, REVENUE Caled Forwerd ‘Service SAS - Fre Proteclon Sarices - Defined Aroa J, Ootschenla| ‘Service S46 Fre Potocon Sees -Detned Aras J, Hutu Valley ‘Sen S147 - Fira Prteoon Services -Detned Area J, Faiview ‘Service $149 Fira Proecton Services -Detinadivea 8, YateKingecato ‘Savice $140 Jaus of Life Serica Areal 8. ‘Savie $150 Jas of Life Sontoe Kaslo ‘Sexice S181 - Javs of Life Seneca - Salma and Area G ‘Senvoe S182 — Jas of Life Servien- Creston and Avess A, B.C Sonioe S163 -daye of Life Sonic - Search and Rescue - Nakusp and Area K Seve S154 - das of Life Service - Search and Rescue» Nelson and Salmo EFG ‘Senca $156 - Jas of Life Sarvice~ Search and Rescue Castogar Senice S188 -Emergancy Communicaton $14 ‘Sendae S167 - Emergency Program Sorvoe -Oreston and Arsas A,B & ‘Soroe $158 - Emergency Program Serco -Saimo and Area @ ‘Service $159 - Emergency Program Serica - Nakusp and Avea K ‘Serie $100 - Emergency Program Serdce -Noleon and Areas E & F ‘Serica $101 - Emergency Program Sendce -Siverton,Slocan and Area H ‘Savige $162- Emarganey Program Soros - Kalo and Area D Sonfioo 8183 -Emargency Program Sandee ~Avwas| Service $184 -Dyking - Defined Porton of Aas 8 & C, Goat ver Sioa S165 - Drainage ~ Area A Rondel Senice S160 Street Ling - Defined Potion of Are A, Riondol ‘Sondce 8187 -Srest Lighting - Detned Portion of Ara G, Yc ‘Serco $188 - Stretching - Detnod Portion of Area H, South toca ‘Senie $169 -tret Lighting - Detnad Porton of Areal rant ‘Senice $170 - Street Lighting - Dead Pordon of Ara J, Robson ‘Sordoe S171 - Street Lighting - Detinad Porton of Area K, Edgewood ‘Sere $172 - iret Lighting - Defhad Porton of Area l, Voykin Subvison ‘Service $173 Sires Ughtng - Souter Slocan Valley ‘Savice S174 - Cemetary = Creston and Areas A. 8 &C ‘Sevoe S176 Comotary - Areas E & F Serco S177 - Cemetary -Nakusp and Detned Area K ‘Savice S170- Comstries - New Denver, Siverion and Defined Potion of Area ‘Sonica $179 -Camotalos-Detned Area ‘Senoe S180 - Animal Cano - Defined Area, Bint ‘Sovioe S181 -Arimal Conbol -Dofined read, Robson ‘Sonice 8162 - Anal Corot - Nakusp and Datned Area K ‘Sendca S18 Animal Cort -Aress E& F ‘Sunes S184 - Mosquito Control Area D ‘Serves $185 -Mosquto Contal- PInafidge ‘Serie $186 - Refuse Disposal Esta Subrgion- Creston and Areas A,B & C ‘Serves S187 - Refuse Disposal - Central Subsgion Naleon, Sato, Kato, and Areas D,E, F& G ‘Service $188 - Refuse Disposal - Westem Subregion = Casegar, Slocan, Svaron, Now Denver, Nakusp, ea H&K ‘Service $189 Rondel RofusoTransfer- Defined Porion cf Area A ‘Save $190 -Seplage Treatment Fadl - Wester Subregion Carted Forward 5 15,806,642 reso 15,954 21,200, 495,081 aoate 2,950 15015 max 22,56 39499 22387 6287 53.820 34707 ais 45,100 anata 95,388 35,336, 7.755 45,082 7,568 7387 3,008 9.298 zen 6020 set 33388 ‘03,000 21,320, 244s 1,058 (30) 5,108 2408 22,868 33978 2,01 12,600 2380.275, 2,905,900 3.2374 9238 150,000, 25,681,621 ‘Statement Feontousd 8 15,880,040 83,208 156505 20at7 2iqase 34.480 18,100 15,504 57348 248 36,708 2i01 395,008 47470 33774 37978 2020 se 30,138, 5.02 755: 38,105 7261 asto 3440 10,798 3038 5019 ‘209 3.281 73.360 a8 22,100 8081 6 410 18,755 puri 30.505, 103.085, 123308 2.074.708, asazec7 248697 17:90 ‘00,3¢0 8 203595808