REGIONAL DISTRICT OF CENTRAL KOOTENAY Nelson, BC FINANCIAL STATEMENTS December 31, 2011REGIONAL DISTRICT OF CENTRAL KOOTENAY INDEX TO. FINANCIAL STATEMENTS December 31, 2014 PAGE MANAGEMENT REPORT 1 ‘THE AUDITOR'S REPORT 2 CONSOLIDATED FINANCIAL STATEMENTS Exhibit + - Consolidated Statement of Financial Postion 4 Exhibit 2- Consolidated Statement of Operations Exhiolt 3 - Consolidated Statement of Changes in Net Debt 6 Exhibit 4 Consolidated Statement of Cash Flows 7 Exhibit § - Notes to Financial Statements 8 ‘SUPPLEMENTARY INFORMATION STATEMENTS. ‘A: Balance Sheet - General Capital Fund 7 B- Investment in Capital Assets 18 .- Balance Sheet - Reserve Funds 19 D- Balance Shee! - General Operating Fund 2 E- Summary of Surpluses 2 F - Revenue and Expenditures 2BSCHEDULES: REGIONAL DISTRICT OF CENTRAL KOOTENAY REVENUE AND EXPENDITURE 1 Debenture Debt REVENUE AND EXPENDITURE FOR SERVICES ‘Service 101 - General Administration Services Service 102 - Discretionary Grants (Grants-in-aid) Service 103 - General Government - Electoral Areas Service 104 - GIS ‘Service 108 - Protective Inspections ‘Service 108 - Planning and Land Use Service 107 - Community Sustainabifty Service 108 - Community Development Service 110 - Columbia Basin Trust Funding Initiative Service 111 - Community Works Funding Service 112 - Feasibility Study Service Service 113 - Community Tourism Funding Service 115 - Engineering and Environmental Services Service 140 - Economic Development Services - Area A Service 141 - Economic Development Services - Creston and Areas B & C Service 142 - Economic Development Services - Kaslo and Area D Service 143 - Economic Development Services - Nelson and Areas E & F Service 144 - Economic Development Services - Salmo and Area G Service 145 - Economic Development Services = New Denver, Siiverton, Slocan and Area H Service 146 - Economic Development Services - Lower Arrow, Areas | & J Service 147 - Economic Development Services - Upper Arrow, Area K Service 149 - Selkirk College Economic Chair Contribution Service 170 - Advisory Planning Commission - Area A Service 171 - Advisory Planning Commission - Area 8 ‘Service 172 - Advisory Planning Commission ~ Area C ‘Service 173 - Advisory Planning Commission - Area D Service 174 - Advisory Planning Commission - Area E ‘Service 175 - Advisory Planning Commission - Area F ‘Service 176 - Advisory Planning Commission - Area G ‘Service 177 - Advisory Planning Commission - Area H ‘Service 178 - Advisory Planning Commission - Area | ‘Service 178 - Advisory Planning Commission - Area J Service 180 - Advisory Planning Commission - Area K Service 211 - Fire Protection Services - Defined Portion of Area A, Riondet Service 212 - Fire Protection Services - Defined Portion of Areas A & C, Wynndol Service 213 - Fire Protection Services - Defined Portion of Ares B, Lister Senice 214 - Fire Protection Services Defined Portion of Areas 8 & C, Creston Contract Service 215 - Fire Protection Services - Defined Porton of Area D, Kaslo Contract ‘Senice 216 - Fire Protection Services - Defined Portion of Area E, Blewett Contract Service 217 - Fire Protection Services - Defined Partion of Area F, North Shore Service 218 - Fire Protection Services - Defined Porton of Area G, Salmo Contract Service 219 - Fire Protection Services - Defined Portion of Area G, Yi Service 221 - Fire Protection Services Defined Portion of Area |, Tarys / Pass Creek Baresasaaras BBa8ae BRISSSISRLSRASREGIONAL DISTRICT OF CENTRAL KOOTENAY REVENUE AND EXPENDITURE FOR SERVICES (continued) ‘Service 222 - Fire Protection Services ~ Defined Portion of Electoral Area J, Robson / Raspbemry ‘Service 223 - Fire Protection Services - Defined Portion of Area K, Nakusp Contract Service 224 - Fire Protection Services = Defined Portion of Area H, New Denver Contract Service 225 - Fire Protection Services = Defined Porfion of Ateas E & F, Balfour, Harrop and Proctor, Service 228 - Fire Protection Services - Defined Portion of Area H, Slocan Valley Service 227 - Fire Protection Services - Fauquier Fire Service Service 228 - Fire Protection Services Defined Portion of Areas E & F, Beasley / Blewett Service 228 - Fire Protection Services - Defined Porton of Area J, Ootischenia Service 230 Fire Protection Services Defined Portion of Area J, Hudu Vallay Contract Service 231 - Fire Protection Services - Defined Porton of Area J, Fairview Contract, ‘Service 232 - Fite Protection Services - Defined Portion of Area B, Yahk-Kingsgale ‘Service 283 - Jaws of Life Service - Area | & J ‘Service 234 - Jaws of Life Service - Kaslo and Area D Service 240 - Jaws of Life Service - Salmo and Area G Service 242 - Jaws of Life Service - Creston and Areas A, 8 & C ‘Service 245 - Jaws of Life Service - Search and Rescue - Nakusp and Area K ‘Service 248 - Jaws of Life Service - Search and Rescue Nelson and Salmo EF ‘Service 247 - Jaws of Life Service - Castlegar ‘Service 250 - Emergency Communication 911 Service 251 - Emergency Program Service - Creston and Areas A, B & C Service 252 - Emergency Program Service - Salmo and Area G Service 253 - Emergency Program Service - Nakusp and Area K Service 254 - Emergency Program Service - Nelson and Areas E & F Service 255 - Emergency Program Service - Silverton, Slocan and Area H Service 256 - Emergency Program Service - Kaslo and Area Service 257 - Emergency Program Service - Areas | & J ‘Service 253 - Consolidated Emergency Services ‘Sorvico 260 - Dyking - Deftned Portion of Areas 8 & C, Goat River Service 265 - Drainage - Defined Portion of Area A, Riondel Service 341 - Street Lighting - Defined Portion of Area A, Riondel Service 342 - Street Lighting - Defined Portion of Area G, Ymir Service 343 - Street Lighting - Defined Portion of Area H, South Slocan Service 344 - Street Lighting - Defined Portion of Area |, Biliant Service 345 - Street Lighting - Defined Portion of Area J, Robson Service 348 - Street Lighting - Defined Portion of Area K, Edgewood Service 347 - Street Lighting - Defined Portion of Area |, Voykin Subdivision Service 348 - Steet Lighting - Souther Slocan Valley Service 401 - Noise Control - Electoral Area J Service 421 - Cemeteries - Creston and Areas A, B &C Service 424 - Cemeteries - Areas E & F Service 425 - Nakusp and Defined Portion of Area K PAGE 2 3 95 7 ey 100 401 402 103 105 408 107 108 108 110 ant 12 113 114 118 118 417 118 119 120 2 122 123 124 125 128 27 128 128 130 131 132 133, 134REGIONAL DISTRICT OF CENTRAL KOOTENAY REVENUE AND EXPENDITURE FOR SERVICES (continued) Service 426 - Cemeteries - New Denver, Silverton and Defined Portion of Area H Service 427 - Cemeteries - Defined Portion of Area H Service 435 - Animal Control - Defined Portion of Area I, Brillant Service 436 - Animal Control - Defined Portion of Area J Service 437 - Animal Control - Nakusp and Defined Portion of Area K_ Service 438 - Animal Control - Areas € & F Service 488 - Sterile Insect Control - Greston and Defined Porton of Areas A, 8 & C ‘Service 409 - Mosquito Control - Defined Portion of Area D ‘Service 470 - Mosquito Control - Defined Portion of Atea D, Pineridge ‘Service 486 - Untidy and Unsighty Properties - Area | ‘Service 489 - Untidy and Unsightly Properties - Area J ‘Service 490 - Untidy and Unsightly Properties - Area E ‘Service 491 - Untidy and Unsightly Properties - Area F ‘Service 492 - Untidy and Unsightly Properties - Area G Service 4983 - Untidy and Unsightly Properties - Area 8 Service 550 - Refuse Disposal - Eastern Subregion - Craston and Areas A, 8 & C Service 552 - Refuse Disposal - Central Subregion = Nelson, Salmo, Kaslo, and Areas D, E, F & G Service 584 - Refuse Disposal - Westem Subregion Castlegar, Slocan, Siverton, New Denver, Nakusp, Area H, J & K ‘Service 556 - Riondel Refuse Transfer - Defined Portion of Arca A Service 585 - Septage Treatment Facility - Wester Subregion Service 610 - Museum and Archives - Creston and Areas A. 8 & C Service 611 - Museum and Archives - Salmo and Area G Service 621 - Public Library Services + Creston, Areas B & C, and Defined Portion of Area A ‘Service 622 - Public Library Services - Kaslo and Defined Portion of Area D ‘Service 623 - Public Library Services - Salmo and Defined Postion af Area G ‘Service 624 - Public Library Services - Nakusp and Defined Portion of Area K Service 625 - Public Library Services -Area J Service 626 - Public Library Services - Ares | Service 627 - Public Library Services - Area F ‘Service 628 - Public Library Services - Arca H Service 630 - Regional Parks - Creston and Areas B & C Service 632 - Regional Parks - Nelson, Salmo and Areas E, F & G Service 633 - Regional Parks - Slocan, Silverton, New Denver and Area H Service 638 - Regional Parks - Area A Service 637 - Riondel Recreation Lands and Parks - Defined Portion of Area A, Service 633 - Recreation Area - Defined Portion of Areas E & F Service 639 - Summit Lake Ski Hil Nakusp, New Denver, Silverton, Area K & Defined Portion of Area H Service 641 - Recreation Faciles - Defined Portion of Atea A, Riondel Service 642 - Ymir Community Hall - Defined Area G Service 643 - Recreation Facilites - Defined Portion of Area F, North Shore Hall Service 644 - Recreation Faciities - Defined Portion of Area K, Burton Halt PAGE 198 136 137 138 139 140 141 142 143 144 145 146 147 148 149 180 162 154 186 187 158 159 160 161 162 163 164 165 168 167 168 169 71 17 173 174 175 176 17 178 179REGIONAL DISTRICT OF CENTRAL KOOTENAY REVENUE AND EXPENDITURE FOR SERVICES (continued) ‘Service 645 - Recreation Facilities - Defined Portion of Area K, Fauquier Service 646 - Recreation Facilities - Defined Portion of Area H, South Slocan Hall Service 647 - Salmo Wellness Centre - Area G Service 648 - Castlegar and District Youth Centre «Area | and Defined Portion of Area J Service 650 - Crawford Bay Beach and Hal! Sorvice 651 - Salmo Valley Youth & Community Centre - Salmo and Area G Service 680 -T.V. Society - New Denver, Siiverton and Defined Portion of Area H Service 661 - T.V. Society - Slocan and Defined Portion of Area H Service 681 - Recreation Centre - Kaslo and Defined Portion of Area D, Kaslo Arena Service 682 - Castlegar and District Community Complex, Castelgar and Areas 18 J ‘Service 684 - Nakusp and District Recreation Centre - Nakusp and Defined Portion of Area K Service 685 - Creston and District Community Complex: ~ Creston, Area B and Defined Portion of Area A and C Service 697 - Swimming Pool - Salmo and Area G ‘Service 698 - Nelson and District Community Complex Nelson, Area F and Defined Portion of Area Service 698 - Castolgar and District Aquatic and Fitness centre Castlegar, Area J and Defined Portion of Area | ‘Service 784 - Recreation Commission No. 4 ~ Nakusp and Defined Portion of Area K ‘Service 785 - Recreation Commission No. 6 ~ New Denver, Silverton and Defined Portion of Area H ‘Service 787 - Recreation Commission No. 7- Salmo and Area G ‘Service 788 - Recreation Commission No. 8 - Siocan and Defined Portion of Area H ‘Service 789 - Recreation Commission No. 9 - Defined Portion of Area A ‘Service 801 - Paratransit Services - Nelson and Area ‘Service 805 - Transit Uilly Operating - Castlegar and Area ‘Service 807 - Transit Uility Operating - Creston and Area ‘Service 808 - Paratransit Services - Kaslo and Area ‘Service 803 - Paratransit Services - Nakusp and Area ‘Service 810 - Paratransit Services - North Shore and Siocen Valley Service 811 - Paratransit Services - Kootenay Lake West Service 831 - Airport - Creston and Areas A & B Service 921 - Water Utility Operating - Riondel Service 922 - Water Utlity Operating - Sanca Park Service 923 - Water Utility Operating - Lister Service $24 - Water Utility Operating - Yinir Service 925 - Water Utility Operating - South Slocan Service 928 - Water Utlity Operating - Macdonald Creek Service 927 - Water Utlity Operating - Lucas Road Service 928 - Water Utlty Operating - Duhamel Creek Service 928 - Water Utiity Operating - Denver Siding Service 930 - Weter Utility Operating - Erickson Service 931 - Water Uility Operating - Arrow Creek Service 932 - Water Utility Operating - Burton Service 933 - Water Utility Operating - Edgewood Service 934 - Water Utiity Operating - Fauquier Service 835 - Water Utility Operating - Balfour Service 936 - Water Utility Operating - West Robson Service 937 - Water Utility Operating - Woodland Heights PAGE 180 181 182 123 184 185 106 187 108 129 191 192 194 195 226 23t 232CIPALITIES: Cities: Cast ELECTORAL AREAS: A -Wjnadd/Bse Shore Kootenty ake ‘BCD *B+R+G+H -The Soci Villy Box 590, 202 Lakeside Drive Nelson, BC VIL 5R4 °BC Tol ree 1-800-268- web: wirw.rdek.be.ca e-mail: info@rdckbe.ca MANAGEMENT REPORT. The financial statements have been prepared by management in accordance with generally accepted accounting principles and the integrity and objectivity of these statements are management's responsibility. Management is also responsible for all the notes to the financial statements and schedules, and for ensuring that this information is consistent, where appropriate, with the information contained in the 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 internal 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 Naqvi Lehmann, Chartered Accountants, conduet an independent examination, in accordance with generally accepted auditing standards, and express their opinion on the 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 financial management of the Regional District of Central Kootenay and meet when required, On behalf of the Regional District of Central Kootenay Grant Roeland, CGA Chief Finaneial Officer Regional District of Central Kootenay July 30, 2012 Creston Villages: Kaslo, Naeusp, New Denver, Salmo, Silverton, Slocan yy J Lower AeowColambia *K "The Arrow LabsBerc Naavi LEHMANN BNL, ca 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, 2011, and the consolidated statement of operations, changes in net debt and cash flaws for the year then ended, and a summary of significant accounting policies and other explanatory information. Management's Responsibility for the Financial Statements Management is responsible for the preparation of these consolidated financial statements in accordance with Canadian pubic sector accounting standards, and for such internal control 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 responsibilty is to express an opinion on these consolidated financial statements based on our audit We conducted our audit in accordance with Canadian generally accepted auditing 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 financiai statements We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 07 Veron Steet Nelson, Gish Columbia, Canada VILAE9_ Tet @80) 382.165 ‘Fae (250}9527168 __Emal:advesstuateaBere Naqvi LEHMANN CHARTERED ACCOUNTANTS & BUSINESS ADVISORS M.D, Borg, FCA, CACIRE + 'h Neer B.Comen_ FOr fai Borg. Barn. A Stan Latina, 8 th Ci, OFP* “lon tittan, Se, GA's 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 al! material respects, the consolidated financial position of the Regional District of Central Kootenay as at December 31, 2011, and its consolidated financial performance and cash flows for the year then ended in accordance with Canadian pubic sector accounting standards. Other Matters ‘Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements taken as a whole, The supplementary information included in the Other Financial Information section 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 them. Bos, ay (i Chartered Accountants July 30, 2012 Nelson, B.C. 507 Veron Sheet Neon, ish Colaibn, Canadn VILAES Ta 20) 52.9108 Fac (@50102.7108 Ema: avce tes CoExhibit "4" REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at December 31, 2011 2011 2010 FINANCIAL ASSETS Cash and temporary investments $ 10,228,549 § $ ~—8,986,965 Restricted cash and temporary investments 18,409,019 16,274,978 Account receivable 1,206,896 1,264,469 Grants receivable 139,953 1,254,258 Due from member municipalities (note 2) 19,434,875 21,887,538 Due from member municipalities-accrued interest 203,040 309,333, 49,622,332 49,356,939 LIABILITIES. Accounts Payable and accrued liabilities S 2,787,268 © § 3,482,940 Loans payable 2,100,000 99.100 Accrued interest payable - MFA 452,395 545,919 Landfil closure and post closure costs accruals (note 3) 2,292,325 2,095,687 Capital Lease Obligations (note 4) 1,866,621, 4,546,071 Debenture Debt MFA (note 5) 49,511,871 52,162.475 Deferred revenue (note 8) 788,159 3,243,108 62,788,639 63, i NET DEBT (Exhibit "3 (13,168,307) 13,798,362} NON-FINANCIAL ASSETS Works-in-progress (note 7) 7,160,264 4,210,557 Tangible capital assets (note 8) 80,629,294 73,086,578 Assets under capital lease (note 8) 3,083,477 2,542,795 Inventory of supplies 121,235 60,848 ‘Advances and prepaid expenses 149,222 173,354 91,143,492 72074492 ACCUMULATED SURPLUS T7S71,485 ‘SURPLUS BALANCES: Unrestricted 6,516,907 5,224,981 Restricted reserve funds (note 10) 14,820,860 13,031,867 Equity in tangible capital assets (note 11) 56,839,418 45,018,922 T7,977,185 63,275,770 CONTINGENT LIABILITIES (note 13) SSE EA cet rnarcia onceREGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF OPERATIONS For the year ended December 31, 2011 Budget Actual 2011 2011 REVENUE Tax Levy $ 22,089,305 $22,126,903, User Fees 7,174,155 7,288,286 Grants and donations 5,580,778 4,559,758 Water system donations (note 16) 1,300,000 11,480,617 Interest eamings 26,450 99,341 Rental revenue 501,598 521,195 Permit fees and contract revenue 1,077,499 620,167 Cost recoveries 304,528 432,124 Contributions including capital grants - : Interest eamings - Capital funds : 178,47 Interest eamings - Reserve funds - 236,97 Gain on sale of equipment-including sale of materials 9,000 26,168 ‘Committed funding - Columbia Basin Trust 4,155,859 1,292,359 39,228,970 48,861,372 EXPENSES, Legislative - directors expenses 1,006,217 846,880 ‘Administration services 2.198.417 1,463,671 Wages and employees benefits 11,145,284 10,541,693 Provision for Lanai closure and post closure costs. 147,500 196,637 Operations 5,235,772 4,816,381 Buildings - operation and maintenance 1,789,347 1,800,027 Vehicles - operations and maintenance 1,532,189 681,652 Equipment- operation and maintenance 857,229 499,365 Information systems 349,400 259,007 Financial services grant 2,990,857 2,990,857 Services contracted out 5,389,006 3,415,435 Debt services charges - interest and exchange 1617,112 1,849,648 Committed funding - Columbia Basin Trust 1,155,659 1,203,821, ‘Amortization 1,367,117 3,794,913 36,457,086 34,159,957 ANNUAL SURPLUS (DEFICIT) (note 15) 2,747,884 14,701,415 ACCUMULATED SURPLUS, BEGINNING OF YEAR 60,555,331 63,275,770 ACCUMULATED SURPLUS, END OF YEAR $63,303,215 _$__ 77,977,185 Financial Officer 8 $ ‘Actual 2010 24,827,693 6,909,108 3,830,240 94,175 421,522 679.359 474,439 600,647 251,425 162.970 39,613 1,155,659 36,146,850 812,602 1,403,673 9,669,815 204,110 4,885,125 1,899,613 720,283, 515.117 286,128 2,624,884 3,883,484 1,659,177 140.214 3,036,986 TZ 3,625,638 59,650,132 63,275,770Exhibit "3" REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF CHANGES IN NET DEBT For the year ended December 31, 2011 ANNUAL SURPLUS. Acquisition of tangible capital assets ‘Now capital leases in the year ‘Amortization of tangible capital assets including leases Decrease (Increase) in Works-in-progress net of transfer to tangible capital assets of $376,057 ( 2010 - $24,719,699) Increase in supplies inventories Increase in prepaid expense CHANGE IN NET FINANCIAL ASSETS/NET DEBT NET FINANCIAL ASSETS/NET DEBT AT BEGINNING OF YEAR NET FINANCIAL ASSETSINET DEBT AT END OF YEAR Actual Actual 2014 2010 $ 14,701,415 (10,417,428) (1,816,336) (1,084,830) (92,850) 3,794,913 3,038,986 (6,325,763), (10,000,007) $(14,033,105) | “S_ (8.872.207) (60,387) (14,187) 24,132 (1,758) 336,255) “5 _15.875 $ 632,055 $ (5,262,484) 13,798,362) (8,535,878) $(13,166,307) _$ (13,798,362)Exhibit "2" REGIONAL DISTRICT OF CENTRAL KOOTENAY CONSOLIDATED STATEMENT OF CASH FLOWS For the year ended December 31, 2011 2011 OPERATING ACTIVITIES “Annual surplus (deficit) $ 14,701,415 Non-cash items ‘Amortization 3,794,913 ‘Changes in prepaid expenses 24,132 Changes in inventory of supplies 60,387) ‘3 758,658 Changes to financial assets ‘Accounts receivable 471,878 Other recelvables. aie _ 106,293, 278,171 Changes to financial fabiities ‘Accounts payable and accrued liabilities (675,672) Loans payable 2,000,900 LLandfil closure & post closure costs accurals, 196,638 Accrued interest Deferred revenue Cash Provided By Operating Activities 24,711,636 CAPITAL TRANSACTIONS ‘Acquisition of tangible capital assets (10,417,425) Decrease (Increase) in Works-in-progress net of transfer to angie capital assets of $976 087 (2070 -$24.719609) (6,325,763) New capital leases in the year 1,084,830) Cash applied to capital transactions g (17,828,018) FINANCING ACTIVITES Capital borrowing 880,000 Capital lease obligations 1,084,490 ‘Actuarial adjustment (178,477) Repayment of principal on capital lease obligations (773,940) Repayment of long-term debt (299,464) ‘Cash Provided By (Used For) Financing Activities “$ 112,609 INCREASE (DECREASE) IN CASH s 3,996,227 CASH, BEGINNING OF YEAR a 24,641,344 CASH, END OF YEAR 8 28,637,568 Cash Represented By: Cash unrestricted funds s 10,228,549 Cash restricted funds 18,409,019 f s 28,637,568, 2010 8 3,625,638 3,036,986 (1,758) (14.187) 1071 (1,296 658) ECAC (04 3 7, 350..969) (2,447,708) (155.900) 204.110, 124,170 670,021 (7,805,307) 0.433 (1,816,336) (10,000,007) (92,850) ¥ (i909, 193) 7,608,114 92,850 (21,426) (600,244) (742,924) = $ 24,641,344Exhibit "5" REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS. As at December 31, 2014 1. SIGNIFICANT ACCOUNTING POLICIES Basis of Prosontation and Consolidation Basis of Prosontation “The consolidated financial statements reflect all revenues, expenditures, assets and liabilities of the Regional District of Central Kootenay. Its the Districts policy to follow accounting principles generally accepted for British Columbia Regional Districts and apply such principles consistently. The statemenis have been prepared incorporating guidelines issued by the Public Sector Accounting and Auditing Board (PSAAB) of the Canadian Institute of Chartered Accountants, The focus of the PSAAB statements is on the financial position of the District and the changes thereto, The Statements of Financial Position includes all the assets and labilties ofthe District. This provides information about the District's overall future revenue requirements and its abilty fo finance actvities and meet ts obligations ‘These consolidated statements include accounts of all the funds of the Regional District of Central Kootenay. Inter- fund transactions and balances have been eliminated. Revenues are accounted for inthe period in which the transactions or events occurred that gave rise to the revenues. Expenditures are accounted for in the petiod the goods and services are acquired and a liability is incurred or transfers are due. Basis of Accounting ‘The resources and operations ofthe District are segregated into various funds for accounting and financial reporting purposes, each being treated as a separate entity with responsibilty forthe stewardship of the assets allocated tot. The District has the following funds: Operating funds - these funds are used to record the operating activities ofthe District including general operations and the water and transit utilities. Capital funds - these funds are used to record the acquisition and financing of the capital assets. Capital funds have been established for the general operations and the waler and transit utilities, Reserve funds - these funds have been established to hold funds for specific requirements. ‘The District follows the accrual method of recording interest on long-term debt. Financial instruments ‘The Districts financial instruments consist of cash, investments, accounts receivable, accounts payable, capital lease obligations, and long term debt. itis managements opinion that the District is nat exposed to significant interest, currency, or credit risks arising from these financial instruments. The fair valuas of these financial instruments approximate thelr carrying value. Investments Investment deposits are recorded at cost, except Municipal Finance Authority (MFA) investment deposits which are recorded at market valueExhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS. As at December 31, 2014 1. SIGNIFICANT ACCOUNTING POLICIES (continued) Tangible Capital Assets Tangible capital assets, comprised of capital assets and canital work in progress, are recorded at cost less accumulated amortization and are classified according to their functional use. Amortization is recorded on a straight Ine basis over the estimated useful lfe of the asset with one half of the amortzation taken in the year the asset is put into service. Donated tangible assets are reported at fair value at the time of donation. Estimated useful lives are as follows: Building and building components 20 to 40 years Engineering structures (inctuding land improvements) 5 to 60 years Paving 1610 40 years Operating and office equipment 50 20 years Loased Assots Leases entered into that transfer substantially all the benefits and risks associated with ownership are recorded as ‘the acquisition of a tangible capital asset and the incurrence of an obligation, The asset is amortized in a manner consistent with tangible capital assets ovmned by the District and the obligation, including interest thereon, is liquidated over the term of the lease. All other leases are accounted for as operating leases, and rental costs are expensed as incurred Deferred Revenue Funds received for specific purposes which are externally restricted by legislation, regulation or agreement and are ‘not available for general municipal purposes are accounted for as deferred revenue on the statement of financial position. The revenue is recognized in the statement of operations in the year in which itis used for the specified purpose, Use of Estimates. ‘The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and labilties at the date of the financial statements, and the reported amounts of revenues and expensitures during the reporting period. Significant areas requiring estimates include the useful life of tangible capital assets for amortization and the provision for landfill closure and post closure costs. Actual results could differ from management's best estimates as additional information becomes availabe in the futur. Revenue Recognition ‘Taxes are recognized as revenue in the year they are levied. Charges for water usage are recorded as user fees in the year they are charged, Conditional grant revenue is recognized to the extent the imposed conditions are met. Unconditional grant revenue is recognized when monies are received. Grants for the acquistion of tangible capital assets are recognized in the period the expenditure is made Sales of services and other revenue is recognized on an accrual basis.Exhibit REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, As at December 31, 2011 2, DUE FROM MEMBER MUNICIPALITIES. (Continued) The Regional District of Central Kootenay borrows funds from the Municipal Finance Authority on behalf of its member municipalities. The amounts due from the municipalities is their portion of the debenture debt outstanding, 3. CLOSURE PLANS - LANDFILLS. ‘The Regional District of Central Kootenay has had engineers prepare design and operation plans for active District landfils. These plans include detailed sequencing of landil closure phases and costs associated with each phase. The net present value of the landill closure and post closure monitoring costs for the next several years is. as follows: East Waste Cumulative Capacity Used to Date (cubic meters) Total Capacity of the Site (cubic meters) Annual post-closure costs 3 Post-ciosure care period in years Projected year Site Closure Projected Cost of Site Closure 8 Landfill closure and post closure costs accruals Landfill Liability Open Sites Landfill Liability Closed Sites Total Landifl Liability Landfill Liability Beginning of Year Landfill Expenditures for the year 10 193,970 475,000 44,500.00 2s 2043 7,500,000 Cont Waste 342,486 1,042,000 $ 20,000.00 25 2050 $ 6.292.680 2014 S 1,995,479 296,846 2,292,325 $ 2,095,687 49 $§__ 2,202,326 $s $ 8 8 $ Wost Waste 285,516 4.148.000 20,000.00 25 2046 6 400,000 2010 41,788,432, 307,255 2,095,687 1,891,577 204.110 2.095.687Exhibi (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ‘As at December 31, 2011 4. CAPITAL LEASE OBLIGATIONS. ‘The Regional District of Central Kootenay has leased certain pieces of equipment for specific purposes. At the end of each lease, the District has the option to purchase the equipment or renew the lease, The minimum lease payments including purchase options for the next five years are as follows: 2012 $1,129,737 2013, 252,198 2014 277,823 2015, 347,069 2016 32,501 2,039,328 Less: Amount representing interest - 214,639 ‘Add: HST payable 34,932 1,856,624 8. DEBENTURE DEBT - MFA. Debt principal is reported net of sinking fund balances, and interest expense is reported net of sinking fund earnings. Included in the debenture debt is debt that the District has incurred on behalf ofits member ‘municipalities. Some debentures are held in U.S. dollars and have been converted to Canadian funds at the exchange purchase rate. 2011 2010 Debenture debt outstanding allocated as follows: Due from member municipalities (see note 2) $ 19434875 § 21,887,538 ‘Owing by the District 30,076,996 30.274'937, Debenture debt outstanding in Canadian funds (Gee Scheduo) $49,644,871 _§ 52,162,475 The debenture debt bears various interest rates set atthe time of borrowing and adjusted on the 10th year anniversary if applicable; debt has varying maturity dates. The estimated principal payments required in the next five years, on the District's portion of long-term debt, are as follows: 2012 922,377 2013, 906,478 2014 876,980 2018 876,980 2016 875,407 "Exhibit "6" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS. As at December 31, 2011 6, DEFERRED REVENUE Ending Additions Reductions Balance Gas Tax Agreement $ 2,963,199 $= 1,285,946 $1,083,048 «$3,186,037 BC Water Improvement 279.970 : 279,970 . Trans Canada Trail Funding - 347,339 - 347,339 Recreation Contros. - 274,783 - 274,783 S__3243.108__ $1,908,068 $7,965,018 ___$_3.788.159_ a, Federal Gas Tax Agreements. Gas Tax Agreement funding is provided by the Government of Canada. The use ofthe funding is established by a funding agreement between the District and the Union of British Columbia Municipalities. Gas Tax Agreement funding may be used towards designated pubic transit, community energy, water, wastewater. solid waste and capacity buiding projects, as specified in the funding agreements. During the year, the District recorded $1,256,369 (2010-51256 509) in Gas Tax grants and $29,577 of interest eared on funds held. The District expended $1,083,048 of these funds in the current year. This has left a balance of $3,168,037 in deferred revenue specific to this program, b. BC Water Improvement Projects BC Water improvement Program (BCCWIP) funding is provided by the Province of British Columbia, Ministry of Community Services. Projects were approved for Ymir Project 4278 for a water fitration plant and South Slocan Project 4277 for a water fitration plant and reservoir. The District had a balance of $279,870 from prior years for the Ymir Project. As the Ymir Project has been completed, the District requested the remaining funds be transferred to Capital projects for South Slocan, Artow Creek and Riondel. ll funds were spent in 2011 . Trans Canada Trall Funding Agrooment 12011, Trans Canada Tral provided funding of $347,389 forthe development ofthe Trans Canada Trail as part of the Briliant Bridge restoration project. Ths project is expected to commence and be completed in 2012 d. Recreation Centres Deferred Revenue “The District has received $274,783 of funds in advance from recreational centre users. These funds are recognized in revenue in the future period when the retated programme has been provided 7. WORKAN-PROGRESS \Work-in-progress includes construction of a water treatment plant aid reservoir for the South Siocan and Riondel water services, upgrades to Lister water service, pipeline replacement for Arrow Creek water service and Creston hockey arena renovations. 2Exhibit" REGIONAL DISTRICT OF CENTRAL KOOTENAY (Continued) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2011 8, TANGIBLE CAPITAL ASSETS AND ASSETS UNDER CAPITAL LEASE 2011 2010 TANGIBLE CAPITAL ASSETS General Capital Fund Land 8,280,627 7,567,207 Building and building components 55,957,870 55,547,390 Engineering structures (including land improvements) 6,217,072 5,273,329, Paving 882,120, 952,409 Operating and office equipment 13,646,147 42,518 262 84,663,836 1,458,597 Accumulated amortization (23,616,978) (20,423,152) Net General Capital Fund Tangible Capital Assets 81,046,858 61,095,445, Water Utility Capital Fund Land 4,306,309 664,209 Building and building components 4;341,937 4,287,537 Engineering structures (including land improvements) 17,308,028 10,847,915 Paving (688,871 - ‘Operating and office equipment 415,387 123,249, 724,060,532 75,022,910 Accumulated amortization (4,618,331) (4.019.934) Net Water Utlity Capital Fund Tangible Capital Assets 19,442,204 14,902,976 ‘Transit Utility Capital Fund Bus Shelters 158,441 198.441 Accumulated amortization (18,206) (10,284) Net Transit Utiity Capital Fund Tangible Capital Assets 140,235 148,157 ‘TOTAL NET TANGIBLE CAPITAL ASSETS $80,620,294 _§ 73,086,578 ASSETS UNDER CAPITAL LEASE General Capital Fund Building and building components 534,657 - ‘Operating and office equipment 3,520,884 3,588,999, Accumulated Amortization (1,047,525) (1,098,452) 3,008,016 2.490.547 Water Utility Capital Fund ‘Operating equipment 99,420 62,697 Accumulated Amortization (23,959) 10,449) 75,464 52,248 ‘TOTAL NET ASSETS UNDER CAPITAL LEASE $3,083,477 $2,642,795 2Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2011 8, MUNICIPAL FINANCE AUTHORITY DEPOSIT ‘The Municipal Finance Authority has established a Debt Reserve Fund for every security issue in which the Regional District has participated. If, at any time, the Authority does not have sufficient funds to meet the payments or sinking fund contributions due on its obligations, the payments or sinking fund contributions shall be made from the Debt Reserve Fund ‘The cash deposits portion of the MFA Debt Reserve Fund eams interest annually and the balance is refundable to the Regional District upon retirement ofthe related debt. Cash Balance, beginning of year «$1,074,840 ‘Add: Interest eamings 34,572 New issues 26,060 Deduct: Payouts on debt retirement (358,207) Balance, end of year 779,285 8 Demand Note Requirement 2,549,868 71,082 (630,815) 290,136 2011 Total 2010 Total $ 3,624,708 © $3,115,073 34,572 39,502 97,142 554,446 (987,022) 7.313) 2,769,401 _$ 3.624.708 ‘The member municipalities portion of this reserve fund is $1,385,885 (2010 - $2,289,894), 10. RESTRICTED RESERVE FUNDS The District has several reserve and trust funds held for specific purposes. The changes in these funds were as follows: Fund Balance, as previously stated ‘Transfer in of Capital fund balances Fund Balance, at beginning of year, restated ‘Add: Interest earnings Contributions to reserves Transfers out of reserves Fund Balance, end of year 4 2014 2010 $ 13,031,867 $8,288,495, 5,438,818 § 13,084,867 $13,727,313 236,97 162,970 5,649,273 1,612,748, (4,297,287) (2471,164) 14,620,860 __$ 13,031,867Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ‘As at December 31, 2011 411, EQUITY IN TANGIBLE CAPITAL ASSETS ‘The consolidated equity in tangible capital assets represents total tangible assets less the long term debt issued to acquire the assets. The balance is comprised of the following: 2011 2010 Investment in capital assets is calculated as follows: Tangible capital assets $ 0,629,284 $73,086,578, Assets under capital lease 3,083,477 2,542,795 ‘Work in progress 7,160,264 11210,557 Deduct: Amounts financed by -loans and debenture debt (net) (30,076,996) (90,274,937) temporary borrowing {2,100,000) lease contracis payable 1,856,624 (1.548.074 Fund Balance, end of year (Exhibit 1) $_ 56,839,418 $45,018,922 12, PENSION LIABILITY ‘The Regional District of Central Kootenay and its employees contribute to the Municipal Pension Plan (the plan, jointly-trusteed pension plan). The Board of Trustees, representing plan members and employers, are responsible ‘or overseeing the management of the pension plan, including investment of the assets and administration of the plan. The pension pian is a mutt-employer contributory defined benefit pension plan with about 163,000 active members and approxmately 60,000 retired members. Active members include approximately 35,000 contributors from local government. Every three years an actuarial valuation Is performed to asses the financial position ofthe plan and the adequacy cof plan funding. The most recent valuation as at December 31, 2008 indicated a unfunded liability of $1,024 milion for basic pension benefits. The next valuation will be December 31, 2012 with results available in 2013, The actuary does not attribute portions of the surplus to individual employers. The Regional District of Central Kootenay paid $476,248 (2010-8423,416) for employer contributions to the plan in fiscal year 2011 13. CONTINGENT LIABILITIES The Regional District of Central Kootenay Is currently engaged in certain legal actions initiated by outside parties, the outcome of which are not determinable at this ime. Accordingly, no provision has been made in the accounts for these actions, The amount of loss, if any, arising from these contingent liabiliies will be recorded in the accounts in the period in Which the loss is realized. 18Exhibit "5" (Continued) REGIONAL DISTRICT OF CENTRAL KOOTENAY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As at December 31, 2011 14 COMMITMENTS The District has commitments for specific expenditures in various functions. ‘These commitments will be met through taxation for those functions in the year of the actual expensitures. 415, BUDGET RECONCILIATION Fiscal plan amounts represent the Financial Plan By-Law adopted by the Board on March 31, 2011. ‘The Financial Pian Bylaw anticipated use of surpluses accumulated in previous years to balance against current year expenditures in excess of current year revenues. Financial Plan Bylaw surplus for the year 8 : Add: Capital expencitures 11,097,824 Debt principal repayments 1,052,684 ‘Transfers to reserves and own funds 2,068,234 aaa Deduct Borrowing 378,000 ‘Transfers from reserves and own funds 7,478,189 ‘Surplus included in accumulated surplus 3,610,689, 166 856 Budget surplus reported in the financial statements see 16. WATER SYSTEM DONATIONS. ‘The District took on six new water systems in 2011 which resulted in donations of fair market value of assets of $7,940,732, inventory of $41,718 and cash for capital upgrades of $3,805,408, ‘The District also took over net debt of $307,238 resulting in a donation revenue of $11,480,617. 6REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION BALANCE SHEET CAPITAL FUNDS AS AT DECEMBER 31, 2011 NON FINANCIAL ASSETS ‘WORKS IN PROGRESS ASSETS UNDER CAPITAL LEASE ‘Accumulated amortization TANGIBLE CAPITAL ASSETS, at cost Land Buildings Bus shelters Engineering structures Paving Operating equipment ‘Accumulated amortization TOTAL NON FINANCIAL ASSETS FINANCIAL ASSETS DUE FROM OTHER MUNICIPALITIES (re MFA debt) Due from Vilage of Nakusp Due from City of Nelson Due from Vilage of Salmo Due from City of Castlegar Due from Village of Kaslo Due from Village of Siverton Due trom Village of New Denver Due from Town of Creston Deduct: Actuarial accrual TOTAL ASSETS (BOTH NON FINANCIAL AND FINANCIAL) EINANCIAL LIABILITIES TEMPORARY BORROWING LEASE CONTRACTS PAYABLE DEBENTURES OUTSTANDING Municipal Finance Authority (Schedule Deduct: Accrued Actuarials, TOTAL FINANCIAL LIABILITIES EQUITY IN TANGIBLE CAPITAL ASSETS HCA crutreasionee 7 2011 7,160,264 4,154,961 (1,074,484) 3,083,477 9,566,936 60,299,807 158,481 23,525,100 1,270,991 14,061,534 28,253,515) 80,629,204 30,873,035 1,137,032 14,993,978 1,248,521 531,412 138,318 174,744 4,371,384 719,595,386 160,514), 19,434,875 110,307,910 2,100,000 1,856,621 49,748,166 (236,295) 49,511,874 53,468,492 S 56,839,418 Statement "A" 2010 4,210,557, 3,851,697 1,108,902) 2,542,795 8,231,416 89,834,927 158,441 16,121,244 952,409 12,641,511 (24,453,370) 73,086,578 76 839,530 393,574 15,370,383 1,186,544 483,711 418,087 162,870 183,236 4,128,030 22,285,432 (397,894) 27,887,538 98,727,468 4,546,071 52,619,539 (457,064) 52,162,475 53,708,646 $__ 45,018,922Statement REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION INVESTMENT IN CAPITAL ASSETS CAPITAL FUNDS AS AT DECEMBER 34, 2011 2011 2010 BALANCE, BEGINNING OF YEAR 45,018,922 42,350,083, ADD: Capital expenditures in the year 8,802,456 4,331,632 Increase in assets under capital lease 1,084,831 - Donations of capital property at fair market value 7,940,732 - Contributions from operating funds for MFA debt reduction 899,464 742,924 Contrioutions from operating funds for capital lease principal payments 773,940 500,244 Accrued actuarial increase(decrease) 16,614 4,337 Actuarial increase - Sinking Funds 161,863 2009 101.983 2010 445,155 49,679,900 5,826,225 64,698,622 48,176,308 DeDucT: ‘Amortization (8,794,913) (3,036,986) Capital ease obligations - new leases in year (1,084,491) 5 Proceeds from temporary borrowing (2,100,000) - Proceeds from M.F.A. debt issued ‘ (865,920) - MFA, debt issue costs (14,080) 120,400) (7,859,404) (3,157,386) BALANCE, END OF YEAR (Statement " $86,839,418 $45,018,922 as LL cna sean en 18wee EeE ee premio 9 see sys wag se ~ as vOnag HN owuosoh au uoEaeR op comveg = anssey juouidns emyic) eh see) Hioz e200 saimpuodeg sByue3 suonnquiueg g1oz IE>8q AREY suoyed) —swounoonsy de eouereg ioe ioe lize aoueeg Wer —(@woyang uel yous Sonn Savas ssumteyn suassv toe se waawaoRa 1v Sy ‘SONN JANIS 133HS 30NVIVE NoWWRIOANI AUVANaNESTEANS AVNSLOO> TWHINED 40 LORILSIO TNOIOSH <2, tuowerns.CGY STR ORT SF OTNTT FONT SRT ST wee Tara wre ae Hea a6 vezze0 2us'e0e vor ote. ereze szcee, 23e 9007 us oo'soe’z save aec'og © aezocez 2 ociee ov ooe'se ‘ooo'ose «(Oey Logue on ‘ooo'rk ears pesnun seehorcurg wun ves co's oy 29 so -7e}0u09 JeB=IS2D yoo aay o'r» iat : but seve 2509 sore aie ze ca ie oorer Lis ove’ oor shoe 299. o'r ve'eez ee rotz — gao'vee cues goer vevous Ben ziv'eoe's 208 beet Sauce vee'se oF a z 308, oer ues oosiey liscee) siete cree our use ars 70692 zea s9nieg - atsou aij eTBSBUYAUEA eTST a a premio4 8018 4102 e980 sesmypueda sSumsez suonnauiueg loz read © sSwssy —suoperad)—squsugsny, woousreg Hoe 102. voz eee ey) uo onq wey NOUS ‘s0Nnd anwaesu sauumievn sissy oe ‘re waawa030 Ly sy ‘SGNNd SAWS 4153HS 30NYIVa NOLLWURIOANI AUVANSWS IANS AVNALOON THIN3O 4O 19RILSIO TYNOIOSE Ponuneo .0, weweresTere & se Tes F Tae TeOeT Fae sTwioL sae've conic cos'00 eee vere corse zui'eso% $ seves $ Lov'eOR's $ bor 46 200 20g sBulwe3 suomnquneg eau % 02 ioe saumeyn Ponuriued 0, HOWOIES BOeEE FIZ ‘seomsag snoveA puna Sule RUDI assent a ope'coo'or $ oot'aee'z $ Gev'eee'2) ¢ santeovDE $ premo4 weno 010212290 © eeey —suogesed —syounsonuy ve sue men (a) woy.eng EL NOUS ‘Sanna 3nwas38 suaesv oz ve wsaw030 Lv sv ‘SaNnd 3ANaSu 43348 ZONVIVE NOWLWHRIOANI AUVLNANSTIdANS AVNSLOOW TWHIN3 4 LORUSIG WHOINREREGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION OPERATING FUNDS BALANCE SHEET (GENERAL, WATER AND TRANSIT) ‘AS AT DECEMBER 31, 2011 2011 FINANCIAL ASSETS Cash on hand and in banks 4,717,488 ‘Short-term investments 6,998,710 ‘Short-term investments -Restricted for Community works 2,847,149 ‘Accounts receivable 1,206,896 Grants receivable 139,953, Due from participating municipalities 203,040 Due from own funds: 2,453,301 MFA, Debt Reserve Fund Member Municipalities 1,395,885 Regional District 1,373,516 18,335, LIABILITIES. Accrued wages payable 390,314 Accrued interest M.F.A. debt 452,395 Accounts payable 2,396,954 Loans payable 7 Deferred revenue 622,122 Deferred revenue-Community Works 3,166,037 Due to own funds : LLandiil closure and post closure cost acorvals 2,292,326 MFA, Debt Reserve Fund ‘Member Municipalities + Cash requirement 363,429 = Demand note requirement 4,032,487 Regional District ~ Cash requirement 415,836 = Demand note requirement 957,679 12,089,548 NET FINANAGIAL ASSETS 6,246,450 NON FINANCIAL ASSETS Inventory of supplies 121,235 Prepaid expense and travel advances 149,222 270,457 —_6.516,907_ Chief Financial Officer 2 Statement "D" 2010 880,586 9,271,293 2,210,642 1,264,469 1,254,258 309,333 2,280,896 1,334,814 18,815,289 353,816 545,919 2,728,153 99,100 341,024 2,963,139 1,072,964 2,095,687 681,043 4,608,651 393,797 941,017 413, 10 4,990,779 60,248 173,354 234,202 TeeREGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION ‘SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2011 General Administration Services - Service 101 Discretionary Grants (Grants-in-aid) - Service 102 General Government (Electoral Areas) - Service 103 GIS Services - Service 104 Protective Inspection - Service 105 Planning and Land Use Department - Service 106 Community Sustainability - Service 107 ‘Community Development Granis (Former B.C. Hydro) - Service 108 Columbia Basin Trust - Service 110 Community Works Service - Service 114 Feasibility Study Services - Service 112 Engineering and Environmental - Service 115 Economic Development ‘Area'A'- Service 140 Creston and Areas 8! and’C'- Service 141 Kasio and Area 'D' - Service 142 Nelson and Areas E' and 'F’- Service 143 ‘Salmo and Area'G' - Service “144 New Denver, Sitverion, Slocan and Area Ace and'J'- Service 148 Area'K’- Service 147 Solkitk College - Economic Chair - Service 149 ‘Advisory Planning Commission ‘Area'A’- Service 170 ‘Area'B!- Service 171 Service 145 Area'C'- Service 172 ‘Area 'D'- Service 173 ‘Area'E'- Service 174 ‘Area'F- Service 175 ‘Area'G' - Service 178 Area'H!'- Service 177 Area ''- Service 178 Avea''- Service 179 Area 'K’- Service 180 Fire Protection ‘Area, Riondel - Service 211 ‘Area 'A’ and'C, Wynndel - Service 212 Area''S, Lister ~ Service 213 Aceas Band C', Creston Fire Contract - Service 214 Cantied Forward 23 2011 ‘Surplus (Deficit) $ 1,445,030 268,221 93,454 36,536 98,726 264,162 101,582 811,799 222 132,710 18,804 80,182 92) 169,674 6,768 4182 109,903 167 74. 4278 341 825 212 391 622 2,785 2,740 603 4120 2,809 8,624 (2,939) (9,365) ——873) 3,716,977 ‘Statement E 2010 ‘Surplus (efi) 3 848,117 264,957 179,390 111,678 95,897 756,607 37.225 (344) 47,108 15,580 25,842 @2) 252,885 6498 12,992 90,277 137 65 794 1,430 1,229 215) 528 493, 2.887 2.840 1119 2,501 2,809 (4.785) 26.424 15.519 1840 2,775,236REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 31, 2011 2011 Surplus (Deficit) Brought Forward $3,716,977 Defined Area 'D', Kaslo Fire Contract - Service 215 (478) Defined Area E, (Blewett), Nelson Fire Contract - Service 216 (6,308) Area’, North Shore - Service 217 29,066 ‘Atea'G', Salmo Fire Contract - Service 218 (60) ‘Area'G', Ymir- Service 219, 24,680 Area, Tarrys/Pass Creek - Service 224 79,648 ‘Area J}, RobsoniRaspberry - Service 222 23,900 Defined Area'k’, Nakusp Fire Contract - Service 223, 8) ‘Area’, New Denver Fire Contract - Service 224 3,408 Defined Areas 'E’ & F', BatfouriHarrop - Service 225 2,697 Defined Area H, Slocan Valley - Service 226, 79,848 Defined Area’, Fauquier - Service 227 (18) Defined Area E'& 'F, Blewett/Bonnington - Service 228 4,948 Defined Area '', Cotishenia - Service 22 73,050 Defined Area '', Hudu Valley - Service 230, (14) Defined Area VJ), Fairview - Service 231 (13) Defined Area'8', Yahk-Kingsgate - Service 282 19,058 Javis of Life - Areas ! and ‘S - Service 233 - Javis of Life - Kasio - Service 234 13,959 Jaws of Life - Salmo & Area'G' - Service 240, 76 Jaws of Life - Creston, Areas A,’ & 'C'- Service 242 203 \Javis of Life - Search and Rescue, Nakusp and Area’ - Service 245 13 Jaws of Life - Search and Rescue, Nelson and Salmo EFG - Service 246 1,968 Jaws of Life - Search and Rescue, Castlegar - Service 247 1,873 Emergency Communications $11 - Service 250 (6,876) Emergency Program - Creston Areas ‘A,B! & 'C'- Service 251 3,636 Emergency Planning Program - Salmo & Area'G' - Service 252 78 Emergency Planning Program - Nakusp & Area’ - Service 253 787 Emergency Planning Program - Nelson, Areas E & 'F'- Service 254 23,243 Emergency Planning Program - Silverton, Slocan, Area'H'- Service 255 "450 Emergency Planning Program - Kaslo & Area ‘D'~ Service 258 10,113 Emergency Planning Program - Areas & J! - Service 257 8 Consolidated Emergency Services - Service 259 32,873 Dyking (Goat River) Defined Areas '8' & 'C' - Service 260, 69) Drainage - Area's’ Riondel - Service 265 3,794 Street Lighting ‘Area's’, Riondel- Service 341 (674) Area'G’, Ymir- Service 342 264 ‘Area’! - Service 343 498 Area ''- Service 344 524 ‘Area 'J'- Service 345 659 Carried Forward 4,137,570 24 Statement E Continued 2010 Surplus (efit) § 2,775,238 (428) 4528 11234 8 2791 30,874 44,035 26 3,505 (24,948) 91,065 1 (1,504) 25,568 2519) 3 799 O) 1,783 (78) (44) 5 99,035) 4212 4,360 7413 27113 266 8.407 5,138 4.955, @4) 13,124 (193) 419 203 1023 470 2,975,143REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION SUMMARY OF SURPLUSES FOR THE YEAR ENDED DECEMBER 34, 2014 Brought Forward ‘Area'K' - Service 348 Defined Area '', Voykin Subdivision - Service 347 Slocan Valley Street Lights - Service 248 ‘Noise Control- Area J'- Service 401 Cemetery Services Creston & Areas ‘A, 'B' &'C' - Service 421 ‘Areas! and'F - Service 424 Nakusp and Defined Area 'K'- Service 425 ‘New Denver, Silverton and Defined Area 'H' - Service 428 Defined Area H' - Servico 427 Animal Control Brillant, Defined Area '- Service 435 Defined Area I" (Robson) - Service 436 Nakusp and Defined Area'k'- Service 437, ‘Areas 'E' &'F'- Service 438 Insect Control Stetile Insect Control - Creston and Def ‘A,B’ & C - Service 468, Mosquito Contiol - Area 'D' - Service 489, Mosquito Conttol - Area 'D' - Service 470 Untidy and Unsightly Properties, ‘Area - Service 488 ‘Area Service 489 ‘Area'€'- Service 490 ‘Area. Service 491 Area'G' - Service 492 ‘Area'B'- Service 493 Refuse Disposal Services Eastem Subregion Creston and Areas A, 'B! &'C'- Service 550 Central Subregion Nelson, Salmo, Keslo & Areas. Western Subregion Castlegar, Nakusp, New Denver, Siterton, Slocan, Areas Hl, and K’- Service 554 & - Service 852 Catfied Forward 25 2011 Surplus (Deficity $ 4,197,570 1,761 49 1,413 10,516 6,759 (84) (40) 8) 503 336 513 39,037 5,594 7 10,604 (295) 6,130 5,388 4917 11230 5,650 1.456 42,739 364,654 6.949) 4,636,962 Statement E Continued 2010 Surplus (Deficit 8 2,975,143 1,797 20 1,258 10516 14.981 10,969 (ie) 67) any 418 168 40,683 21,735 7 36,499 (2,882) 6,130 5,388 1917 11230 5,650 4.456 21,188 937,700 24.858) 4,056,708REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION SUMMARY OF SURPLUSES. FOR THE YEAR ENDED DECEMBER 31, 2011 Brought Forward Riondel Refuse Transfer - Service 556 Wester Subregion Septage - Service 585 Museum and Archives Service Creston Areas ‘A, ‘8! 'C'- Service 610 Salmo and Area"G'- Service 611 Public Library Services Creston and Areas ‘A’, 'B' &'C'- Service 621 aslo and Defined Portion of Area 'D' - Service 622 ‘Salmo and Defined Area'G' - Service 623, Nakusp and Area - Service 624 Electoral Area ‘J - Service 625 Electoral Area = Service 625 Electoral Area F- Service 627 Electoral Area 'H’ - Service 628 Recreation Land and Parks Creston, Areas Bi, 'C'- Service 630 Nelson, Salmo, Areas’, 'F' &'G' - Service 632 New Denver, Siterton, Slocan, Electoral Area ‘ Riondel, Area’A’- Service 636 Riondel, Area’A’- Service 637 Recreation Area, Defined Portion of Areas E'8 'F'- Service 638 ‘Summit Ski Hil - Service 639 Riondel Recreation Facies - Service 641 ‘Ymir Community Hall, Defined Area 'G'- Service 642 North Shore Hall Facilty - Area 'F' - Service 643, Burton Hall - Area 'K' - Service 644 Fauquier Recreation Centre - Area’K' - Service 648 South Slocan Community Hall- Area'H'- Service 648 Salmo Wellness Centre - Area’ - Service 647 Youth Cenire - Castlegar - Areas’ and \"- Service 648, Crawford Bay Beach and Hall - Service 650 ‘Salmo Valley Youth & Community Centre - Service 651 TV. Societies Now Denver, Slverton and Defined Area‘! - Service 660 Stocan and Defined Area'H'- Service 661 kKaslo Recreation Centre - Area’? - Service 681 Castlegar & District Comminity Complex - Castlegar, Areas" - Service 633 8‘ - Service 682 Carried Forward 2011 ‘Surplus (Deficit) $ 4,636,962 (65) 15,583 424 151 3,296 322 678 48 n ar 28 (183) 3,604 115,294 73,829 (688) (19) (131) 14,054 8 1,847 4 4 4,408 42 8,034 6 283 (33) 29,922 25,361 149,217 5,082,390, Statement E Continuod 2010 ‘Surplus (efi) $ 4,056,708 on 39,103 32 188 e187) 190 731 93 6,567 5854 3,994 74817 10658 6617 (2.548) 37 11,331 (12) 6,345) (63) 6.107 5,302 (0) (00) 1 124 212. 29,856 23,862 42,155 4,286,594REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION ‘SUMMARY OF SURPLUSES. FOR THE YEAR ENDED DECEMBER 31, 2011 Brought Forward Nakusp Recreation Centre » Service 684 Creston & District Community Complex - Service 685, Salmo and Area 'G'- Swimming Poo! - Service 607 Nelson & District Community Complex - Nelson, Area '#, Defined ‘Aea’E' - Service 698 Castlegar Aquatic Centre - Castiegar, Area Recreation Facilities Recreation Commission No. 4 - Service 784 Recreation Commission No. 6 - Service 786 Recreation Commission No. 7 - Service 787 Recreation Commission No. 8 - Service 788 Recreation Commission No, 9 - Service 789 ‘Transit Utity Operating Paratransit Services - Nelson and Area - Service 801 Castlegar and Area - Service 805, Creston and Area - Service 807 Paratransit Services - Kaslo and Area - Service 808 Paratransit Services - Nakusp and Area - Service 809 Paratransit Services - Noth Shore & South Slocan - Service 810 Kootenay West Transit - Sarvice 811 Airport - Creston, Areas '8' &'C'- Service 831 Water Utiity Operating Riondel - Service 921 ‘Sanca Park - Service 922 Lister - Service 923, Ymir= Service 924 South Slocan - Service 926 MacDonald Creek - Service 926 Lucas Road - Service 927. Duhamel Creek - Service 928 Denver Siding - Service 929 Erickson - Service 930 Arrow Creek - Service 931 Burton - Service 932 Edgewood - Service 933 Fauquier - Service 934 Balfour - Service 935 ‘West Robson - Service 636, Woodland Heights - Service $37 Defined Area ''- Service 699 (Statements D and F) 7 2011 ‘Surplus (Deficit) $ 5,082,390 (1,880) 794,383 454 264,766 312,414 15,168 04 21,708 (6,134) 5,928 (1,839) 60,331 36,334 5,818 (230) 70,815 93,120 729 19,856 (2,605) (11,691) 4843 29,234 526 752 2,932 3,136 49,052 98,072 2,446 9,621 5,016 (877,056) 14,138 —— 4343, $.8.516.007, Statement E Continued 2010 ‘Surplus (efict) $ 4,286,504 517 964,460 313 (25.156) 168,762 11,941 8.833) 34,081 (968) 552 878) 21,508 379 1,449 3,492 (6.928) 27214 428 24,502 1,520 3,769) 1,139) 26,247 1,754 1,332 3.798 2 (13,137) (22) 24,981REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 2011 REVENUE General Administration Services - Service 101 Discretionary Grants (Grante-in-aid)- Service 102 General Government (lectoral Areas) - Service 103 GIS Secviees - Service 104 Protective Inspection - Service 105 Planning and Land Use Department - Service 106 Community Sustainability - Service 107 Community Development Grants (Former B.C. Hyto) - Service 108 Columbia Basin Trust - Service 110 Community Works Service - Service 114 Feasibility Study Services - Service 112 ‘Community Tourism Service - Service 113, Engineering and Environmental - Service 115 Economic Development ‘Area'A’- Service 140 Creston and Areas 8! and’C'- Service 141 Kaslo and Area D' - Service 142 Nelson and Areas 'E' and F'- Service 143, ‘Salmo and Area 'G'- Service 144 New Denver, Silverton, Slocan and Area Area! and v= Service 146 Atea'K'- Service 147 Sekirk College - Economic Chair - Service 149 Advisory Planning Commission ‘Area'A! - Service 170 Area'B!- Service 171 Area'C’ - Service 172 ‘Area 'D’- Service 173 Area’ - Service 174 Area’ - Service 175 ‘Area'G' - Service 178 ‘Area'H!- Service 177 Area'N'- Service 178 Area'J'- Service 179 Area’ - Service 180 Fire Protection ‘Area ‘A’, Riondel - Service 211 and 'C’, Wynndel - Service 212 Service 145 Carried Forward 28 2011 $ 4,509,280 429,921 316,751 4,499,220, 4,333,277 4,083,048, 21,634 595 1,309,598 45,580 sarart (92) 350,197 19,480 15,992 110,278 3,139 4 1,500 1.430 1,229 a7 2,558 1,500 2897 2840 714 2,501 2,809 111,388 187,172 202,963 145,403 14,910,882 Statoment F 2010 $ 4,295,058 421,891 1,045,685 1229510 ‘41,984 1416315 17238,560, 504,108 42/265 927 1061,058 31,479 127,263 58 445,731 19,220 20,448 108,877 3,207 42,026 1,500 2628 4,827 1,500 2,369 1,500 2397 240 574 2.586 2,809 98,847 181,814 187,402 431,108 13,296,766REGIONAL DISTRICT OF CENTRAL KOOTENAY ‘SUPPLEMENTARY INFORMATION STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 2011 REVENUE Brought Forward Defined Area 'D’, Kaslo Fire Contract - Service 215 Defined Area'E’, (Blewett), Nelson Fire Contract - Service 216 ‘Area, North Shore - Service 217 Area’G', Salmo Fire Contract - Service 218 Atea'G', Ymir- Service 219 Area', TarrysiPass Creek - Service 221 ‘Area J, Robson/Raspberty - Service 222 Defined Area ik’, Nakusp Fire Contract - Service 223, Area 'H,, New Oenver Fire Contract - Service 224 Defined Areas’ & F', Balfour/Harrop - Service 225, Defined Area 'H,, Slocan Valley - Service 226 Defined Area '«, Fauquier- Service 227 Defined Area '€ &'F’, Blewett/Bonnington - Service 228 Defined Area’, Cotishenia - Service 229 Defined Area’, Hudu Valley - Service 230 Defined Area‘, Fairview - Service 231 Defined Area 'B’, Yahk-Kingsgate - Service 232 Jaws of Life - Areas'!' and’! - Service 233, Jaws of Life - Kaslo - Service 234 Jaws of Life - Saimo & Area 'G'- Service 240 Jaws of Life - Creston, AreasA’’8" & 'C'- Service 242, Jaws of Life - Search and Rescue, Nakusp and Area 'k'- Service 246 ‘Jaws of Life - Search and Rescue, Nelson and Salmo EFG - Service 246 Jaws of Life - Search and Rescue, Castlegar - Service 247 Emergency Communications 911 - Service 250 Emergency Program - Creston Areas A, 'B! &'C'- Service 251 Emergency Planning Program - Salmo & Area ‘G' - Service 252 Emergency Planning Program - Nakusp & Area Emergency Planning Program - Nelson, Areas’ &'F' Emergency Planning Program - Silverton, Slocan, Area'H'- Service 255 Emergency Planning Program - Kaslo & Area 'D'« Service 258 Emergency Planning Program - Areas! & y'~ Service 257 Consolidated Emergency Services - Service 259 Dyking (Goat River) Defined Areas! & 'C' - Service 260, Drainage - Area ‘A’ Riondel - Service 285 Street Lighting ‘Area’, Rionde! - Service 344 Area'G', Ymir- Sewice 342 ‘Area'H'- Service 243 Area! - Service 344 Area 'J'- Service 348 Carried Forward 2 2011 $14,910,802 80,496 118,690 179,586 67414 146,570 295,478 426,505 79,659 43012 169,027 594,189 17,588 282,480 152,625 13,220 19,557 141,407 40,493 20,147 14,084 a7a7t 15,892 35,516 20,073 474,559 50,573, 34,264 34,980 70,150 27912 44,241 31,978 292,748 7.783 26,118 4,980 11,119 4.935 14,300 4525 18,958,093 ‘Statement F Continued 2010 $13,295,768 50,372 113,554 169,864 53,777 129,308, 274,228 ‘102,967 72,842 43,999 186,367 519,689 are 499,917 186,279 9.880 18,342 149,905 55,992 18,293, 13,040 35,995 10,280 416,022 46,133, 31,554 38,216 71,881 29,704 36,730, 30,789 206,908 7,885 16,923, 5551 10,620 4518 13,932 4.083 16,969,142