ANNUAL REPORT
2016FOR THE YEAR ENDED DECEMBER 31, 2016
CITY OF KAMLOOPS BRITISH COLUMBIA, CANADA ANNUAL CITY OF KAMLOOPS REPORT BRITISH COLUMBIA, CANADA Prepared by: City of Kamloops Communications and Community Engagement Division Finance Department 2016FOR THE YEAR ENDED DECEMBER 31, 2016
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 2 TABLE OF CONTENTS
INTRODUCTION FINANCIAL REPORTS
MAKING KAMLOOPS SHINE 4 STATISTICAL REPORTS 2016 36
CITY OF KAMLOOPS AT A GLANCE 5 FINANCIAL STATEMENTS FOR 2016 62
MESSAGE FROM THE MAYOR 6 CANADIAN AWARD FOR FINANCIAL REPORTING 63
CAO REPORT 7 REPORT FROM THE FINANCE DIRECTOR 64
INDEPENDENT AUDITOR’S REPORT 65 CITY OF KAMLOOPS MANAGEMENT 8 MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING 66 CITY ADMINISTRATION & DEPARTMENTS 9 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 67 CITY COUNCIL 10 CONSOLIDATED STATEMENT OF OPERATIONS 68 COMMITTEE APPOINTMENTS 11 CONSOLIDATED STATEMENT OF CHANGES IN NET DEBT 69 CITY COUNCIL 2015-2018 GOALS AND OBJECTIVES 13 CONSOLIDATED STATEMENT OF CASH FLOWS 70
ENVIRONMENT 17 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 71
ECONOMY 21 SCHEDULE 1: KAMLOOPS AIRPORT AUTHORITY SOCIETY STATEMENT OF FINANCIAL POSITION 104 INFRASTRUCTURE 24 SCHEDULE 2: KAMLOOPS AIRPORT AUTHORITY SOCIETY LIVABILITY 28 STATEMENT OF OPERATIONS 105
GOVERNANCE 33 SCHEDULE 3: VENTURE KAMLOOPS BUSINESS DEVELOPMENT SOCIETY STATEMENT OF FINANCIAL POSITION 106
SCHEDULE 4: VENTURE KAMLOOPS BUSINESS DEVELOPMENT SOCIETY STATEMENT OF OPERATIONS 107
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 3 MAKING KAMLOOPS SHINE Kamloops is ideally located in the heart of British Columbia’s sunny Southern Interior and is easily accessed by road, air, and rail. Driving from major centres like Vancouver, Calgary, Edmonton, or Seattle is quick and convenient, with three major highways passing through our city. There are daily flights from Vancouver and Calgary to the newly renovated Kamloops Airport. Kamloops is a great community that nurtures growth. We are one of Canada’s premier host centres for developing amateur sport, tournaments, cultural events, high-performance training camps, and national and international competitions. As Canada’s Tournament Capital, we foster a grassroots philosophy of inclusion, accessibility, and sport development. Incorporated as a city in 1893, Kamloops has transitioned into an urban city while maintaining its western hospitality. Kamloops takes pride in its vibrant arts community. Year round, locals and visitors alike enjoy professional and emerging art galleries and displays throughout the city. Amateur and professional theatre, music festivals, and established and emerging arts and culture events are held annually in our public venues.
Kamloops is ideally “located in the heart of British Columbia’s sunny Southern Interior and is easily accessed by road, air, and rail.”
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 4 CITY OF KAMLOOPS AT A GLANCE
Kamloops Lifestyle Hot, dry summers; mild winters; and more than 2,000 hours of sunshine annually.
Plentiful opportunities for outdoor recreation, including Population 200 lakes within a one-hour drive and 13 golf courses. 311 km2 90,280 82 parks, covering a total of 1,350 ha. Thriving cosmopolitan centre rich in arts and culture, 50 41’ 40” N Latitude shopping, and lifestyle amenities.
120 27’ W Excellent health care, schools, university, affordable Longitude housing, and safe neighbourhoods.
Kamloops Municipal Tax Rates - 2016 Hours of Median (per $1,000 of assessed value) sunshine high temp. 2075 hrs 21.0°C Residential: $8.67 Utilities: $56.89 Supportive Housing: $6.40 Major Industry: $82.70 Median Annual Light Industry: $30.03 Business/Other: $21.60 min. temp. rainfall Managed Forest Land: $21.33 Recreational Non-profit:$ 16.81 -4.2°C 217.9 mm Farm: $21.27
Housing 250 km north of US (Washington) border Kamloops Values 310 km northeast of Vancouver $418,000 Median Kamloops 4,387 km west of Toronto and Area Residential $403,000 Price
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 5 MESSAGE FROM THE MAYOR
The City continues to plan for the future as staff Regulation Bylaw was amended to include smoke- prepare the first draft of the updated KAMPLAN, free parks and City facilities. This includes trails, Kamloops’ Official Community Plan. Getting to the beaches, playgrounds, fields, stadiums, parking lots, draft has been a significant process that involved courtyards, and entranceways to City facilities. Our great participation from community members, who will inaugural Green Living Expo, a free public event, have another opportunity to provide feedback when focused on the promotion of environmental, social, staff take the first draft to the public this spring. and economic sustainability in our community.
2016 was a strong year for the City. Growth Safety remains a key focus for Kamloops, which and development continues with the recent was highlighted with the opening of the North Shore announcement of the $417 million patient-care tower Community Policing office last spring. This office and Royal Inland Hospital expansion, which will be works directly with community partners to focus on the single largest construction project in the City’s crime prevention and awareness to help make our history. Other City projects in 2017 are the reopening community safer. of Westsyde Pool, the resurfacing of the indoor track at the Tournament Capital Centre Fieldhouse, and The upcoming years should see continued growth improvements to various local roads. and health initiatives in Kamloops while increasing efficiencies and managing costs. The Kinder Public engagement is a priority, with several projects Morgan project will begin in 2017, and the hospital driven by the input of residents. Many citizens expansion slated for 2018. Both of these projects participated in feedback opportunities during the promise economic benefits through job creation and acquisition of the Kamloops Resource Recovery increased demand for goods and services. Private MAYOR - PETER MILOBAR Centre and planned improvements to Grasslands sector development also looks strong, with major Boulevard and Todd Road. Feedback from the residential projects proposed in all parts of the city. 2016 Recreation Facilities Review resulted in the We look forward to many good years ahead. construction of the McDonald Park Spray Park and structural repairs to the Westsyde Pool and As I leave the Mayor’s chair for a new role, I reflect As I leave the Community Centre. with gratitude on the many years I was privileged to serve on City Council. I have learned a lot during this “Mayor’s chair for a While construction was down slightly in 2016, several time and hope that I have helped to make Kamloops new role, I reflect road projects were completed to improve the City’s the great city it is. Thank you for the opportunity. transportation network, including Notre Dame Drive, with gratitude on the Pacific Way, Tranquille Road, and Richmond Avenue. PETER MILOBAR many years I was Healthy living and sustainability are always present Mayor of Kamloops in our considerations for the future. Increasing privileged to serve residential demand for food security encouraged the City to move forward with the urban hens on City Council. initiative, supporting residents with educational information and training to raise hens in a healthy ” and safe environment. In other news, the Parks
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 6 MESSAGE FROM THE CAO
From my perspective, 2016 was a “steady as The City’s new finance leadership team has she goes” year, both within the organization and continued the great work that the previous finance externally. As an organization, we continued to team started. The new team brings outside stress identifying efficiencies and collaboration experience and fresh ideas to City Hall, which I between departments. Development in the city was believe will help us to continue to become consistent with past years, and the economy saw more efficient. little movement. We have a strong senior leadership team that is The City does many different things, and each area working well together, and we have a Council that has its own challenges. Municipal operations are wants Kamloops to be the best it can be. City staff not just pipes and pavement like they were 50 years and Council work together to implement Council’s ago. Now, a municipality provides social, wellness, vision and strategic plan, which is not always the and sustainability programs; building and maintaining case in other municipalities. Our community is infrastructure; parks and recreation facilities; fire and stable, housing is affordable, and there are amazing police protection; and a myriad of other services to outdoor and indoor activities that provide a great increase livability. The scope of what a city does and quality of life for residents. Kamloops is setting itself what its residents expect continues to broaden, with up for a bright future. citizens expressing a continued desire to be more engaged. The City provided numerous consultation DAVID TRAWIN and engagement initiatives on various topics throughout the year in order to meet the demand. Chief Administrative Officer
CAO - DAVID TRAWIN Improving collaboration between Tk’emlúps te Secwépemc and the City was a priority in 2016. The last two Community to Community Forums were some of the best in terms of putting items on the table and developing strategies and working groups We have a strong to come up with solutions. By working together, senior leadership we can make improvements for residents of both “ Tk’emlúps te Secwépemc and Kamloops. team that is working The City has also developed strong relationships well together, with home builders, the Chamber of Commerce, Thompson Rivers University, the North Shore and we have a Business Improvement Association, the Kamloops Central Business Improvement Association, and Council that wants many other agencies. Through open communication, Kamloops to be the issues are dealt with in a respectful manner, with all agencies working together to develop solutions. best it can be.”
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 7 CITY OF KAMLOOPS MANAGEMENT
Mayor and Council Executive Assistant Jody Lewis
RCMP OIC Chief Administrative Officer Executive Assistant Brad Mueller David Trawin Shannon Wallis
Human Resources Development & Engineering Public Works & Corporate Services & Parks, Recreation, & Finance Director Director Services Director Utilities Director Community Safety Director Kathy Humphrey Cultural Services Director Lori Rilkoff Marvin Kwiatkowski Jen Fretz David Duckworth Byron McCorkell
Communications Human Resources DES Administrative Office Services Office Services Office Services Office Services & Community Manager Supervisor Supervisor Supervisor Assistant Supervisor Engagement Manager Colleen Quigley Emily Nelson Modesta Luca Bertina Mitchell Shawna Sonnenberg Tammy Blundell Tammy Robertson
Asst. Development & Streets & Environmental Budget & Planning Parks & Civic Safety Manager Engineering Services Corporate Officer Caleb Mierau Services Manager Cindy Kennedy Manager Facilities Manager Director/Real Estate Glen Farrow David Hallinan Jeff Putnam Manager Dave Freeman Utility Services Financial Services Recreation, Social Fire Chief Development, & Manager Dale McLean Manager Chief Building Greg Wightman Lewis Hill Culture Manager Official/Manager Barbara Berger Kundan Bubbar Information Revenue & Taxation Trades Manager Planning & Devis Luison Technology Manager Manager Tony Klancar Parissa Bhullar Development/ Approving Officer Rod Martin Capital Projects Community Safety & Purchasing & Inventory Manager Enforcement Manager Control Manager Darren Crundwell John Ramsay Ray Sison Engineering Manager Deven Matkowski Municipal Support Services Manager - Risk Manager Terry Pile RCMP Jodie MacDonald
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 8 THE NUMBER OF CITY ADMINISTRATION ROUNDABOUTS & DEPARTMENTS 8 IN THE CITY • Chief Administrative Officer Roundabouts improve • Corporate Services and Community Safety intersection capacity for vehicles • Development and Engineering Services and significantly reduce serious • Finance vehicle collisions, thereby • Human Resources contributing to a safer and more • Parks, Recreation, and Cultural Services efficient transportation network. • Public Works and Utilities
KAMLOOPS’ PACIFICSPORT OPERATION RED NOSE WAS #1 IN BC! PacificSport is the host society for the Operation Red Nose campaign in Kamloops. $ 32,900 raised in 2016 up from $31,000 in 2015
1,241 rides in 2016 up from 1,211 in 2015, but down from 1,265 in 2014
235 volunteers same from 2015
This annual Pacific Sport fundraiser supports Kamloops’ ANNIVERSARY OF amateur athletes. th THE KAMLOOPS 40 TRAFFIC SYSTEM
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 9 CITY COUNCIL
Mayor Councillor Councillor Councillor Councillor Councillor Councillor Councillor Councillor Peter Milobar Donovan Cavers Ken Christian Dieter Dudy Tina Lange Arjun Singh Marg Spina Pat Wallace Denis Walsh
COUNCIL VISION BOLD LEADERSHIP FOR A STRONG AND HEALTHY COMMUNITY We are the elected municipal representatives of the people of Kamloops, placed in office to uphold our citizens’ trust and to make responsible, progressive decisions in their best interests.
It is our responsibility to work on behalf of every citizen and to continually improve the way in which we carry out our duties.
We will act with integrity and responsiveness and in an open consultative manner and place the community’s interest above our own.
Building on the community’s strengths, diversity, and past successes, we want Kamloops to be a place where citizens can enjoy good health and feel safe and where there are abundant opportunities for work and play.
We want a community where citizens and civic government participate in the present and future direction of our City respectfully and collaboratively.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 10 COMMITTEE APPOINTMENTS COMMITTEE COUNCIL MEMBER APPOINTED COMMITTEE COUNCIL MEMBER APPOINTED
Arts Commission Councillor Walsh Industrial Tax Base Task Force Mayor Milobar Councillor Singh (Alternate) Councillor Dudy Councillor Wallace Audit Committee Councillor Spina (Chair) Councillor Christian Kamloops Airport Authority Board of Directors Mayor Milobar Councillor Walsh Councillor Christian (President) Councillor Lange Citizen Satisfaction Committee Councillor Singh Councillor Walsh Kamloops Airport Authority Society Mayor Milobar Councillor Christian City-School District Joint Use Committee Mayor Milobar Kamloops Art Gallery Board Liaison Councillor Spina Communities in Bloom Councillor Lange Kamloops Chamber of Commerce Liaison Councillor Walsh Community and Council Services Committee Councillor Walsh (Chair) Councillor Cavers Kamloops Foundation Liaison Councillor Spina Councillor Dudy Councillor Spina KAMPLAN: 2015 Official Community Councillor Dudy Plan Advisory Committee Councillor Singh Community Recognition Awards Committee Mayor Milobar Councillor Singh Municipal Insurance Association Councillor Spina Councillor Wallace Councillor Christian (Alternate)
Coordinated Enforcement Task Force Mayor Milobar Parcel Tax Roll Review Panel Councillor Wallace (Chair) Councillor Cavers Councillor Cavers Councillor Spina Councillor Dudy Councillor Singh (Alternate) Development Cost Charges Review Committee Councillor Christian Councillor Spina Parks and Recreation Committee Councillor Cavers Councillor Lange (Alternate) Fraser Basin Council Councillor Dudy Police Committee Mayor Milobar (Chair) Heritage Commission Councillor Walsh Councillor Christian Councillor Wallace Councillor Dudy (Alternate)
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 11 COMMITTEE APPOINTMENTS COMMITTEE COUNCIL MEMBER APPOINTED
Service Agreement Negotiating Committee Mayor Milobar Councillor Christian Councillor Lange Councillor Singh (Alternate)
Sister City Advisory Committee Councillor Dudy (Chair)
Social Planning Council Councillor Lange Councillor Cavers (Alternate) Councillor Walsh (Alternate)
Sustainability Advisory Committee Mayor Milobar Councillor Lange (Chair) Councillor Singh
Thompson-Nicola Regional District Mayor Milobar Councillor Christian Councillor Lange Councillor Singh Councillor Spina Councillor Wallace
Tourism Kamloops Board Councillor Walsh Mayor Milobar (Alternate)
Tournament Capital Committee Councillor Wallace (Chair) Mayor Milobar Councillor Cavers Councillor Christian
Venture Kamloops Board Councillor Singh (Appointee) Councillor Wallace (Liaison)
Venture Kamloops Business Development Society Mayor Milobar Councillor Singh Councillor Wallace
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 12 2015-2018 COUNCIL GOALS & OBJECTIVES A framework guided by public and stakeholder consultation COUNCIL VALUES RESPECT - We respect the dignity and opinion of others. INTEGRITY - We are fair, ethical, and honest. INCLUSIVITY - We honour and celebrate our diversity. COMPASSION - We are caring and treat each other with kindness.
COUNCIL PRINCIPLES OF SERVICE OPEN AND ACCOUNTABLE - We listen, value open debate, and make decisions that provide the best results for the whole community. FUTURE ORIENTED - We consider the needs of future generations and the long-term effects of the decisions we make today. RESPONSIVENESS - We strive to make time-sensitive decisions as quickly as we can while considering the needs of all persons. LEADERSHIP - We support the free expression of others, accept the decisions of the majority, and take responsibility for our actions.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 13 ENVIRONMENT ECONOMY INFRASTRUCTURE LIVABILITY GOVERNANCE Implement Diversify, Strengthen, and Invest in the Ensure Kamloops Be Recognized for Strategies That Fortify our Economy Through Long-term Financial Maintains a High Quality Excellence in Public Reduce Our Impact Partnerships and Effective Stability of Our Assets of Life While Meeting the Service in Local on the Environment Land Use Planning and Improve the Challenge of a Growing Government Overall Infrastructure Community ENVIRONMENTAL INDUSTRIAL LAND Standards of the City PUBLIC ENGAGEMENT PRIORITIES • In collaboration with Venture Kamloops, ACCESSIBILITY • Review the corporate • Continue to implement the research costs and benefits and prepare INFRASTRUCTURE • Develop policy that outlines the communications function. Sustainable an options report regarding servicing PRIORITIES City’s role in providing physical • Continue to be recognized for Kamloops Plan. additional industrial land in the southwest • Support utilization of the access and services. great public engagement. • Identify infrastructure sector for Council consideration. Asset Management Program • Enhance the sense of safety/ readiness and hot in corporate and council CULTURAL ECONOMY security in all areas of the City. AIRPORT LANDS POTENTIAL spots related to decision making. • Complete a business case that • Encourage the Kamloops Airport Authority climate change. • Improve transportation identifies concept, costs, benefits, EXTERNAL RELATIONSHIPS Society to develop a comprehensive • Continue to densify and management and parking in funding sources, and budget impacts • Maintain and enhance relations strategy for the development of infill core commercial and the downtown core. for the development of a cultural and service agreements with airport lands. residential zones. facility in the downtown core. government/governing bodies (Tk’emlúps te Secwépemc, • Increase landfill diversion FUNDING BUSINESS DEVELOPMENT Thompson Rivers University, and to 45% by 2018. • Inventory infrastructure • In collaboration with Venture Kamloops, HEALTHCARE Interior Health). identify ways in which the City can and develop criteria to • Meet with Interior Health to advocate TRANSPORTATION prepare for future growth and economic evaluate and identify gaps for citizen access to locally based • Complete the development development. in maintenance and funding, health services. SERVICE CAPACITY with a particular emphasis on of a Comprehensive • Continue to support and collaborate with • Support the expansion and • Inventory current City services stormwater infrastructure. Transportation Plan. Venture Kamloops and Tourism Kamloops improvement of Royal Inland and develop a strategy for those • Complete a Transportation for the retention of existing businesses, as • Continue to lobby higher Hospital and Interior services that either exceed or Demand Management well as the development of new industries levels of government for Health services. do not meet Council-approved Strategy. that focus on high tech, manufacturing, financial support and grants service levels or do not have a for municipal infrastructure. Council-approved service level. • Identify project funding for and transportation sectors. OFFICIAL COMMUNITY PLAN initiatives and priorities • Continue the Tournament Capital Project • Complete the update of the Official contained in the Pedestrian, Marketing Strategy. Community Plan. FISCAL RESPONSIBILITY Bicycle, and Trail • Continue a thorough review of City Master Plans. NORTH SHORE/DOWNTOWN costs and fiscal accountability, • Develop a promotional • Review Tax Revitalization Bylaws for BUILD NEIGHBOURHOOD keeping in mind the need to marketing plan and map the North Shore and the Downtown for CAPACITY balance user fees and taxes. to encourage active Council approval. • Build neighbourhood capacity through social planning, encouraging transportation usage. • Review City Centre Plan and the North new neighbourhood associations, Shore Plan following the update of the and revitalizing old neighbourhoods. Official Community Plan.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 14 Embracing our mission of “Providing the Opportunities for an Outstanding Quality of Life” Kamloopsians have enjoyed what we and our community partners have worked to provide and ranked Kamloops at a 94% rating for Quality of Life in the 2016 residents’ survey.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 15 Operation Nicaragua Drone technology saving Donations for 2016 time and money
$40,479.80 For the first time ever, the Geographic Information Services of the City used In 2016, the Kamloops Firefighters’ a drone to capture 75 km of riverbank Charitable Society delivered one 40 ft. video, and analysis detected 34 shipping container (their 14th container previously unknown drainage outlets. to date) filled with clothes, sports Drone technology saves time and money equipment, and many other supplies to and allows staff to focus work at specific Nicaragua. They also collected four fire locations that need attention. trucks and two ambulances and prepared two more 40 ft. shipping containers to be sent down later in 2017. They are in the planning stages of driving at least 10 emergency vehicles to Florida, where they will be loaded onto a boat and delivered to the emergency services that need them in Nicaragua, and they are hopefully flying one or two more vehicles down with help from the US Army.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 16 Reducing the impact on ENVIRONMENT our environment Responsive consultation and innovative ideas are working together to create strategies that reduce the impact on our environment. Bear-resistant garbage container locks were distributed to approximately 40 households in a specific area of Juniper Ridge in 2016. Residents were surveyed to determine the effectiveness of the locks to help guide human-wildlife conflict prevention strategies in future years. Responsible environmental stewardship reduces the impact on our environment. Measures are taken in big and small ways to lessen our footprint.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 17 INNOVATIVE & LEADING Kamloops’ newest community centre opened its doors in Aberdeen. The Going Paperless Homeowners can now access City accounts online. New renovated West Highlands Park Community Centre is home to the largest for 2016, the City’s initiative to reduce paper created a drive for residents to solar project in Kamloops’ history. Installation of a rooftop solar array at access their bills online. From property tax statements to utility account details, the centre will harvest 28,800 kWh of electricity per year, equivalent to the the eBilling at MyCity service provides instant access to residents, reduces electricity used by 2.5 average BC households. The City applied to the paper, and benefits the environment. Ministry of Energy and Mines for funding through the Community Energy Of the 2016 tax bills generated, approximately 1% of residents signed up for Leadership Program (CELP) and was awarded a grant of $30,855 to cover ebilling (approximately 500) in the first year. a maximum 33% of total project costs. Council authorized Administration to Of the total utility bills generated for flat rate and metred customers, use $42,645 of funds from the Climate Action Revenue Incentive Program approximately 6% registered for ebilling (approximately 5,800) in 2016. plus $20,000 from the West Highlands Park project budget for a total project expenditure of $99,000. The City hosted the first Green Living Expo on April 30, 2016, at the The 24 kW solar array will generate an estimated $2,961 of annual revenue, Sandman Centre. This free event focused on the promotion and education of providing a return on net investment of 4.73%, when the CELP grant is taken environmental, social, and economic sustainability in our community. into account. The system will be net metered so that when it generates more 36 registered exhibitors • Over 2000 in attendance electricity than is being consumed, the City will receive a credit from BC Hydro that will be applied against future electricity use. ”Featuring a solar Staff worked with a Natural Resource Science graduate student to develop array of this scale in the heart of our newest park underscores our message a study on the effective treatment of Dalmatian Toadflax, which is an invasive of sustainability through innovation and healthy living initiatives,” says Byron plant species. In total, 36 plots were established to investigate the effects McCorkell, Parks, Recreation, and Cultural Services Director. of hand pulling, biologicals, spraying, cutting and wicking, and preemergent herbicides, and compared results to a control group. 150 trees were planted in the city to increase the overall tree canopy.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 18 PERFORMANCE MEASURES
A sustainability Approximately 1,200 The Kamloops Sewage Treatment Centre received newsletter featuring metric tonnes of 3 the City’s sustainability and treated 10.6 million m of raw sewage, carbon dioxide were removed initiatives and events is equating to approximately 125 m3 per person per from the atmosphere via the published quarterly and year (or 125,000 L of sewage per person). gas collection and flare stack distributed to over system at the Kamloops 775 residents. Sewage Treatment Centre.
Curbside Recycling 13.7 tonnes 2016 Each year, the City 2015 6,259 waives garbage of pumpkins were recycled in 5,579 container exchange October to produce compost at the Cinnamon Ridge Compost Facility. tonnes tonnes fees when containers are downsized during Waste Reduction Week. In 2016, 6,481 mattresses 490 households were recycled in downsized 2016, reducing their garbage landfill waste by 165 tonnes. containers!
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 19 Advocating for green technologies
The Engineering Division routinely advocates for green technologies ‑ bioswales for stormwater quantity and quality management and LED lighting for energy efficiencies were prescribed for the Richmond Avenue Reconstruction Project.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 20 2016 was certainly a banner year for tourism in Kamloops and closely aligned ECONOMY with the record-breaking year reported by the province. Significant city-wide events, such as Hockey Day in Canada and IIHF’s Women’s World Hockey Championship drew early season off-peak visitors in February and April.
Total residential Building Permit values for 2016 reached $125.3 million,
which translated to a significant injection into the economy in terms of local labour and equipment hired and materials sourced.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 21 INNOVATIVE & LEADING $11,216,880 Tournament Capital Economic Impact
The Tournament Capital hosted 102 events in 2016, down from 111 in 2015. New Business Licence applications dropped 1.7% from 583 in 2015 to 573 in 2016. • 28,062 out-of-town participants - up from 26,772. • New Business Licences issued: 573 vs. 583 in 2015 • 83,038 participant days - up from 80,996. (1.7% decrease). • $11,216,880 direct spending - up from $10,934,460. • Total applications received: 1,117 vs. 1,077 in 2015 • 36,192 total participants - up from 33,614. (3.7% increase). 5,510 Business Licences issued in 2016, up 2.7% from 2015. • MyCity Business Licence accounts: 2,579 vs. 2,128 (21.3% increase). • Licenses closed: 491 vs. 567 in 2015 (13.4% decrease). • Home‑based businesses comprised 34.3% of all active Business Licences at the end of 2016. This is a 1.2% increase from 2015 (1,894 vs. 1,778 in 2015).
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 22 PERFORMANCE MEASURES
Building Permits were processed for major projects (both commercial and Tourism Visitor Centre multi‑family development), including, but not limited to, the following: and mobile visitor % servicing efforts 32 MAJOR COMMERCIAL PROJECTS MAJOR MULTI-FAMILY PROJECTS engaged with just over over 2015 • 1555 Versatile Drive (completion of • 1430 Summit Drive...... 110 units 21,500 visitors. Gateway Casino, started in 2015) • 765 McGill Road...... 83 units • 1051 Pine Springs Road (Westsyde Pool • 5170 Dallas Drive...... 68 units roof replacement) • 777 Battle Street...... 34 units • 1800 Tranquille Road (conversion of 1850 Hugh Allan Drive...... 26 units Coopers to Save‑On‑Foods) • 1993 Qu’Appelle Boulevard... 17 units • 1395 Hillside Drive (Pet Smart • % store renovation) • 7805 Dallas Drive...... 8 units 11 • 1743 Trans Canada Highway East • 8800 Dallas Drive...... 6 units (car wash) • 2200 Linfield Drive...... 6 units Kamloops year-to-date • 700 Tranquille Road (Interior Health • 831 Serle Road...... 6 units Accommodation September compared Specialized Care Centre) Revenues to same time in 2015 DID YOU KNOW? • 875 Columbia Street (coffee shop) • 915 7th Street (North Shore Community The average processing time for Policing Office) a Home‑based Business Licence • 695 Laval Crescent (renovation to was one day and 16.5 days for a Our Municipal and Commercial Business Licence. Mercedes car dealership) Regional District Visitor volumes for the Tax in 2016 destination accommodation were 2016 2015 Change tax completed approximately $ Value of Residential Units Sold $1,092,798,271 $838,846,263 23% increase % % Number of Residential Units Sold 3,163 2,571 19% increase 12 6 Number of Residential New Listings 4,853 4,859 over 2015 over 2015
The new dwelling units were distributed throughout the City as follows: Residential % Unit Count 589 • 305 (52%) ‑ Aberdeen, Pineview Valley, Dufferin, Sahali, and City Centre building 27 • 176 (30%) ‑ Barnhartvale, Dallas, Campbell Creek, Juniper Heights, Compared to 463 in 2015 permits in 2016 Rose Hill, Valleyview, and Rayleigh • 108 (18%) ‑ North Shore, Brocklehurst, Batchelor Heights, and Westsyde
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 23 City of Kamloops’ INFRASTRUCTURE Official Community Plan - KAMPLAN Update
Leadership for a strong and healthy community builds on the strengths, diversity, and past successes of its citizens and civic government. KAMPLAN, the City of Kamloops’ Official Community Plan (OCP) is a result of citizen contribution and collaboration to provide future direction for the city. KAMPLAN is the guiding document for planning and land use management in the city. The OCP identifies areas with natural environmental hazards and establishes appropriate guidelines for development, including mitigation measures or restrictions to help ensure public safety and protection from property damage.
The OCP also reserves sufficient land estimated to accommodate growth (including future commercial and industrial growth) to the year 2037 or a population horizon of 120,000.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 24 INNOVATIVE & LEADING
Engineering Development met the challenges of limited land availability for Parks and Capital Project staff collaborated on the construction of a new, development and the increase in demand for space for all utilities. Proactively completely accessible, gender-neutral public washroom on the west exterior working with utility companies (BC Hydro, TELUS, and Shaw Cable), of Heritage House in Riverside Park. The City obtained a $50,000 grant from developers, and contractors to better coordinate construction activities, the City the federal government’s Enabling Accessibility Fund to support people of all was able to minimize servicing conflicts, which has led to lower operation and abilities by including an automated door, Braille signage, a child-height sink, maintenance costs for all utility providers, including the City. wheelchair accessible fixtures, and an infant change table.
The Building Inspection Section of the City developed a new procedure The Information Technology Division and its vendors install, maintain, for reviewing and issuing multiple Building Permits within a single multi‑family and build the complex computing and switching systems that connect all City development. This reduced processing times by as much as 75%. employees and their workplaces. Additionally, IT provides data, voice, and video services to over 24 different locations and to more than 750 staff; investigates new systems and technology; and provides many services to ensure the most appropriate solutions are matched with requirements.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 25 PERFORMANCE MEASURES
Streets and National 499 Environmental Services 2.1km 5.4% 5-year Division utilized over rental units of new city roads City’s 5-year growth rate 3,600 tonnes of average approved by the were created growth rate is 5% City in 2016 asphalt in road repairs
In 2016, the typical home contributed Public consultation and civic responsiveness helped ensure projects were measured for $3.37 per day ($1,228.51 per year) in success in many ways. The Capital Projects Division managed approximately 60 projects property taxes and utility fees to Public throughout 2016. Some of the 2016 project highlights included: Works and Utilities, compared to $3.31 per Project: Public Works Yard Improvements/Reorganization day ($1,208.78/year) in 2015, a 1% increase. This contribution was for support services, Budget: $3.5 million roads, environmental services, drainage, Project Description: The project included earthworks/grading, new water service, sanitary water, sewer, and solid waste utilities. servicing, shallow utilities, underground power, and a new solid waste building. It also included a new fire training centre that has a new steel burn building, a classroom building, and several other outbuildings and structures.
The Streets and Sign Shop Section is responsible for maintaining over $ 150 million in corporate assets, including road maintenance, reconstruction, street markings, and traffic signs.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 26 Project: 2016 Pacific Way Upgrades OTHER CAPITAL PROJECTS Budget: $3 million Other projects completed in 2016 Project Description: The project included 800 m of replaced by the Capital Projects Division water main; full depth road reconstruction; replaced curb, gutter, included: and sidewalk; 300 m of relined storm sewer; sanitary sewer infrastructure installation; and 2 km of asphalt. • 2016 pedestrian upgrades DID YOU KNOW? • Storm restoration projects funded by The City re-used asphalt millings and other suitable road Disaster Financial Assistance materials from the Pacific Way Upgrade project in other City 2016 arterial road overlays projects, which resulted in cost savings and sustainability. • (Notre Dame Drive and Tranquille Road from 8th Street to 13th Street) • Tumbleweed Bridge Rehabilitation Project: 2016 Collector Roads Reconstruction Road rehabilitation in Rayleigh Budget: $2.3 million • Project Description: Reconstruction of Richmond Avenue • McDonald Park water park between 7th Street and Schubert Drive. The project was completed by a contractor and managed by Capital Projects • West Highlands Park Community Centre Division staff. It included repairs to existing underground utilities, Sanitary sewer upgrades along new curbs and gutters, a new pavement surface, new sidewalks, • Trans Canada Highway East and lighting and drainage improvements. • Kamloops Sewage Treatment Centre (KSTC) - flood dike Upgrades
Project: 2016 Local Roads Reconstruction Budget: $1.5 million (Roads and Utilities) Project Description: The City’s Local Road Reconstruction Program was undertaken using both Streets and Utilities crews. Under the supervision of Capital Projects Division staff, City crews reconstructed/rehabilitated Brentwood Avenue, Richards Place, Glasgow Place, and 11th Street.
Project: North Shore Community Policing Office Budget: $1.0 million Project Description: The former KIA dealership (4,000 sq. ft.) was renovated to turn it into the North Shore Community Policing Office. The project was constructed by a contractor and managed by Capital Projects Division staff.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 27 Consulting with LIVABILITY Kamloops citizens... Upon much consultation with Kamloops citizens and food security advocates, Council approved amendments to the Animal Control Bylaw to regulate keeping up to five hens on single-family and two- family residential lots greater than 370 m2 within city limits. The City provided a public information workshop in partnership with the Ministry of Agriculture, WildSafe BC, BC Conservation Office, and Bylaws, with information such as food safety and practical poultry health management.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 28 INNOVATIVE & LEADING
As the City of Kamloops faces the challenge of aging An early spring welcomed golf course openings in February, and by early March, hikers and infrastructure, staff and Council are looking for opportunities to mountain bikers enjoyed local trails. The summer-like temperatures in May inspired peak season provide quality recreation services in a cost-effective visitors and full-on summer activities. manner. Throughout March, four public meetings were hosted Kamloops residents and visitors enjoyed local wine, beer, and produce, as well golf, accessible to initiate conversations regarding recreation services and a trails for hiking and mountain biking, and signature events such as Ribfest, Hot Nite in the City, concept for the city. and Brewloops. The City is continuing to find ways to build on the community’s strengths. A winter indoor farmers’ market was piloted on the Sandman Centre concourse each Wednesday morning. Kamloops City Council has long identified sport tourism and events as a meaningful way to To improve accessibility for disabled participants, wheelchair ensure Kamloops maintains a high quality of life while meeting the challenges of a growing ramps were installed at Valleyview and Brock Arenas. community. Hockey Day in Canada, hosted in Kamloops February 3 to 6, is an annual celebration of family-friendly hockey activities that bring families together in free and low-cost events Kamloops.ca Regular Council meetings can be viewed on throughout the city. at any time.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 29 PERFORMANCE MEASURES
5,832 m of pedestrian and bike With the development of improvements were completed in 2016, Juniper West lands, the including bike route improvements on City has acquired three Kenora Road and Qu’Appelle Boulevard new neighbourhood and new sidewalks on Richmond Avenue, park sites and over 1 km 7th Avenue, and Summit Drive. of Open Space trail.
2016 TCC Highlights The Kamloops Museum & Archives Highlights • 5,793 hours of operation • 496,433 front counter transactions • 478 people participated in educational • 6,869 phone calls through presentations from the KMA our registration line • 47 schools participated in • 4,604 online registrations museum school programs (4% increase from 2015) • 1,193 students and • 62 business contracts teachers educated by 19,936 monthly and our school programs • 228 annual full facility • visitors participated access memberships in 14 KMA tours
Western Canada Theatre averaged over 85% ticket sales in its Mainstage Program, and Kamloops Symphony Orchestra averaged over 75% ticket sales in its Classic Series.
Parks and Playfields • 83 parks • 70 sports fields • 82 Kilometres of trails • 4 water parks • 1 wading pool • 41 hard surface courts • 41 playgrounds
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 30 419 SQUADRON SMOKE-FREE THE KAMLOOPS 75TH ANNIVERSARY PARKS & CITY MUSEUM & ARCHIVES PRESENTED GROUND REUNION FACILITIES CONTROL, The 419 Bomber Squadron, City Council expanded its an exhibition exploring skateboard formed in 1941, was led by commitment to healthy and culture, with a focus on Kamloops. John “Moose” Fulton of safe environments by enacting This edgy, inclusive and interactive Kamloops. Although killed a city-wide smoke-free parks exhibit featured an array of historical skateboards, boards in action in 1942, “Moose” and city facilities bylaw. From from pros that have emerged is remembered for trails to beaches, playgrounds from Kamloops, skateboard films, his contributions. to fields, stadiums to parking photos and video footage of local July 8th-10th celebrated lots, the City of Kamloops skateboarders, and a custom- the 419 Squadron’s 75th reacted to Interior Health’s made skateboard ramp. The anniversary at Fulton Field recommendation that there exhibition highlighted some of the and a community celebration is no safe level of exposure issues that shaped this activity, and banquet that was to second-hand smoke and which, more often than not, is attended by more than tobacco, which causes almost embraced as a lifestyle more than 200 delegates. 6,000 deaths in BC each year. a hobby. Over 230 visitors were in attendance on opening night for the live skate competition that was hosted by legendary professional skateboarder Kevin Harris.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 31 DID YOU KNOW? SOCIAL & COMMUNITY DEVELOPMENT Choral Rhapsody, a free event for people 55 years of age and older at the Sagebrush The City’s Social and Community Development Section builds a strong Theatre, was at 100% capacity for its 42nd year. and healthy community by focusing on people and diversity, equity, social and economic justice, and active civic participation. Activities included: • assisting 1,233 participants (861 adults and 372 under 19) with As part of the 2016 North Shore Business 33 referral partner organizations through the 2015-2016 Accessible Improvement Association’s Overlanders Day Recreation for Community Health (ARCH) program • initiating the City’s Accessibility and Inclusion Policy Project, which family fun festival, the City was chosen as one of received a $15,000 grant from the Union of BC Municipalities to support a limited number of national sites to host “The the project, creating a community project team, Tragically Hip - A National Celebration” live and hosting 15 conversations with staff teams and community organizations streaming at McDonald and Riverside Parks. The • providing Social Planning Grants totalling event welcomed over 5,000 citizens for this $65,218 to 15 community organizations farewell concert. • providing $462,337 to community partners to support community gardens, John Tod Centre, SHOP (Social and Health Options for The Kamloops Aquatics Program hosted Persons in the sex trade program), and the 13 aquatic swimming, diving, synchronized Kamloops Food Bank Society supporting the start up of the Brocklehurst swimming, triathlon, and water polo tournaments. • Community Association A total of 4,045 athletes attended various meets throughout the year. The new North Shore Community Policing Office opened at 915 7th Street in the old Kamloops Kia building In addition to general duty policing by 12 full-time RCMP officers, additional services include: • Police Information Checks • Civilian Digital Fingerprinting • Chauffeur Permit Applications • Auxiliary Constable Program • Crime Prevention Section Community Policing and Community Safety Initiatives: ~ Citizens on Patrol ~ Neighbourhood Watch ~ Car 40 Program ~ Restorative Justice ~ School Liaison Officer ~ Speed Watch
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 32 Todd Road Pedestrial Upgrade Public GOVERNANCE Information Session On February 10, 2016, a public information session was held at RL Clemitson Elementary School to provide Barnhartvale residents with an update on the Todd Road Pedestrian Upgrade Project. Typically, the City would hold a public information session and/or open house closer to the date of construction to either gather feedback from residents or to present the final design for information. However, based on inquiries received from Barnhartvale residents regarding the status of the project, Administration decided that it would be beneficial to hold a public information session earlier than normal. Approximately 140 residents attended the event. The purpose of the public information session was to update residents about upgrading Todd Road between Klahanie Drive and Ronde Lane, specifically with regard to the following: • Construction of a pedestrian facility on one side • Minor road and intersection realignments • Paving • Changes to driveways and accesses • Minor improvements to existing open ditch drainage system • Water and sanitary sewer repairs and maintenance • Construction of retaining walls • Bus stop changes
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 33 INNOVATIVE & LEADING
In the winter, dump trucks are equipped with snow plow blades. The blades local growers and their products and the completion of the agriculture water have historically been made of steel and normally lasted approximately one 12-hour demand modelling, which is a tool that assists with calculating water demand for shift. Staff have reduced costs and gained efficiencies by switching to carbide snow plow agricultural areas within the city. blades. While carbide blades are four times more expensive, they provide 10 times the City staff developed an anti-idling program and engagement wear resistance. This has resulted in reduced costs, increased productivity for the Streets campaign with both corporate- and community-based components. A team’s operations, and reduced labour costs for blade changeovers. corporate-based social marketing approach was used to engage supervisors, In 2016, the Community Planning Section focused on developing a mechanics, and 25 fleet drivers across the City’s seven departments in the refined land use scenario and policy direction to accommodate future development of the idling reduction guidelines. growth for the KAMPLAN (OCP - Official Community Plan) Review and Update One of the major highlights of 2016 for arboriculture was the and the implementation of action items identified in the Agriculture Area Plan. adoption of the City’s Urban Forestry Management Strategy. Adopted KAMPLAN Let’s Ta!k Phase 2 public engagement results were compiled, analyzed, by Council in 2016, it provides the framework for decisions regarding the and presented in a public input report. Two key action items in the Agriculture Area management of the City’s urban forest, with the goal of enhancing the urban Plan were successfully completed in 2016. They include the launch of the “Local forest over time. Agriculture in Kamloops” promotional video to raise awareness about and promote
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 34 PERFORMANCE MEASURES
DID YOU KNOW? 11,898 Public Works and Utilities calls for The universal residential water metering program • service were down 12% completed in 2016 installed over 22,000 water meters, from 13,423 in 2015. reducing peak daily water demand by 29% and total annual water production by nearly 6 billion L per year, despite growth throughout the city. • BC Hydro’s purchase of 6 ac. of the Public Works Yard for $6.25 million is the City’s largest single sale to date. The Public Works and Utilities Department fine-tuned the 32% • Calls about graffiti on public property decreased by public engagement strategy (64 vs. 93 in 2015), as staff were more proactive in for all of their projects. engaging the public and business owners. Calls about graffiti on private property decreased by 27% (86 vs. 118 in 2015). • Kamloops Fire Rescue is organized into five separate divisions: Suppression, Dispatch, Fire Prevention, Training, and Mechanical. The Development and • The average Kamloops Fire Rescue response time to an emergency Engineering Services incident in Kamloops is 6 minutes, 26 seconds. Department currently administers 15 leases that generated approximately $ 218,000 in revenue in 2016, which Dedicated to strengthening community partnerships, Corporate Services is consistent with 2015’s revenue. and Community Safety shaped several key initiatives, including: • developing a new five-year strategic plan for Kamloops Fire Rescue completing a new five-year collective agreement with the International • A new security camera Association of Fire Fighters system for • realigning Bylaw Enforcement priorities to increase the number of foot Tournament patrols in the North Shore and downtown business areas Capital Centre (TCC) was • implementing weekly RCMP and Bylaw Enforcement team meetings during installed to provide enhanced the spring and summer months to share information and align enforcement building coverage and improved activities for the opening of the North Shore Community Policing Office safety for the public and staff.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 35 STATISTICAL CITY OF KAMLOOPS REPORTS BRITISH COLUMBIA, CANADA
Prepared by: City of Kamloops Finance Department 2016FOR THE YEAR ENDED DECEMBER 31, 2016
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 36 STATISTICAL REPORTS TABLE OF CONTENTS
2016 CONSOLIDATED EXPENSES BY FUNCTION 38 ACCUMULATED SURPLUS 49
2016 CONSOLIDATED EXPENSES BY OBJECT 40 ACQUISITION OF TANGIBLE CAPITAL ASSETS 49
2016 CONSOLIDATED REVENUE BY SOURCE 42 NEW HOUSING STARTS 50
CONSOLIDATED REVENUE AND EXPENSES 44 NUMBER OF BUSINESS LICENCES ISSUED 50
ASSESSED VALUES FOR GENERAL MUNICIPAL PURPOSES 45 NUMBER OF BUILDING PERMITS ISSUED 51
PROPERTY TAX COLLECTIONS 46 VALUE OF BUILDING PERMITS ISSUED 51
PROPERTY TAX LEVIES 46 DEVELOPMENT & ENGINEERING SERVICES APPLICATION SUMMARY 52
LEGAL DEBT SERVICING LIMIT 47 NUMBER OF VOTERS ON VOTERS LIST 53
LONG-TERM DEBT OUTSTANDING AND DEBT PER CAPITA 47 POPULATION ESTIMATES 53
NET DEBT 48 PRINCIPAL CORPORATE TAXPAYERS 54
ANNUAL SURPLUS 48 PERMISSIVE TAX EXEMPTIONS - 2016 55
TOURNAMENT CAPITAL GRANTS - 2016 58
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 37 2016 CONSOLIDATED EXPENSES BY FUNCTION
Sewer utility - 4.9% Kamloops Airport Water utility - 8.9% Venture Kamloops Business Authority Society - 1.2% Solid waste - 4.5% Development Society - 0.4%
Cemetery - 0.4%
Public transit - 9.2% Community development - 2.4%
Corporate administration - 6.1%
Environmental services - 0.1%
Police services - 13.0%
Fire services - 10.9%
Infrastructure maintenance - 14.8%
Parks, recreation, and cultural services - 20.0%
Legislation and enforcement - 3.2%
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 38 FIVE-YEAR CONSOLIDATED EXPENSES BY FUNCTION
5 year Consolidated Expenses by Function $40,000,000$40
$35,000,000$35 Millions
$30,000,000$30
$25,000,000$25
2012 $20,000,000$20 2013
2014 $15,000,000$15 2015
$10,000,000$10 2016
$5,000,000$5
$0 Venture Kamloops Sewer utility Water utility Solid waste Public transit Police services Parks, Legislation and Infrastructure Fire services Environmental Corporate Community Cemetery Kamloops Airport recreation, and enforcement maintenance services administration development Business Authority cultural Development Society services Society
n 2012 n 2013 n 2014 n 2015 n 2016
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 39 2016 CONSOLIDATED EXPENSES BY OBJECT
Amortization of tangible capital assets - 15% Debt servicing - 3%
Loss on disposal of Supplies and other tangible capital assets - 0% expenses - 14%
Salaries, wages, and benefits $68,454,300 - 37%
Contractual services - 30%
Personnel expenses - 1%
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 40 CONSOLIDATED EXPENSES BY OBJECT
Consolidated Expenses by Category
$70,000,000$70
$60,000,000Millions $60
$50,000,000$50
2012 $40,000,000$40 2013
$30,000,000$30 2014
2015 $20,000,000$20 2016
$10,000,000$10
$0$0 Salaries, wages, and Personnel expenses Contractual services Supplies and other Amortization of Debt servicing Loss on disposal of benefits expenses tangible capital assets tangible capital assets -$10
n 2012 n 2013 n 2014 n 2015 n 2016
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 41 2016 CONSOLIDATED REVENUE BY SOURCE
Private contributions - 10%
Investment income - 2%
Government transfers - 9% Taxation - 49%
Fees, rates, and sales of service - 29%
Development levies utilized - 1%
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 42 FIVE-YEAR CONSOLIDATED REVENUE BY SOURCE
5 year Consolidated Revenue by Source
Private contributions
Investment income
Government transfers 2016
2015
Fees, rates, and sales 2014 of service 2013
Development levies 2012 utilized
Taxation
$0 $20 $40 $60 $80 $100 Millions
n 2012 n 2013 n 2014 n 2015 n 2016
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 43 CONSOLIDATED REVENUE AND EXPENSES
2012 2013 2014 2015 2016 REVENUE Taxation $90,574,271 $95,216,313 $97,394,963 $100,774,085 $104,363,436 Development levies utilized 3,043,103 8,508,939 4,290,421 6,781,829 2,666,964 Fees, rates, and sales of service 55,793,600 55,618,535 56,343,806 58,160,792 61,340,949 Government transfers 21,959,578 22,925,297 22,367,720 21,774,465 20,130,706 Investment income 4,570,612 4,557,052 4,524,962 5,049,603 4,659,065 Private contributions 6,804,525 6,033,633 17,819,210 9,294,326 22,382,725 $182,745,689 $192,859,769 $202,741,082 $201,835,100 $215,543,845 EXPENSES BY FUNCTION Cemetery $751,542 $601,585 $764,424 $669,832 $676,776 Community development 4,289,396 4,081,439 5,906,696 4,300,512 5,180,400 Corporate administration 9,502,174 10,072,952 9,943,429 11,008,500 11,071,601 Environmental services 503,599 220,129 259,390 233,140 595,456 Fire services 15,582,322 15,507,316 17,259,224 19,573,886 17,753,781 Infrastructure maintenance 24,522,457 23,717,603 22,556,170 26,543,538 24,768,172 Legislation and enforcement 5,010,559 4,731,887 5,240,498 5,688,962 5,739,587 Parks, recreation, and cultural services 30,866,200 33,850,676 37,769,086 35,854,004 36,128,740 Police services 22,317,571 22,128,355 23,475,807 23,340,339 24,790,451 Public transit 13,950,816 15,181,411 15,893,214 16,494,250 17,331,495 Solid waste 7,088,834 6,909,046 7,465,658 8,059,367 10,539,448 Water utility 14,654,525 16,702,811 16,622,902 15,862,633 15,169,459 Sewer utility 6,944,039 6,849,982 7,550,884 8,707,701 10,141,125 Kamloops Airport Authority Society 2,068,932 2,386,459 2,036,668 2,130,454 2,238,666 Venture Kamloops Business Development Society 625,178 719,327 629,062 767,611 649,999 $158,678,144 $163,660,978 $173,373,112 $179,234,729 $182,775,156 EXPENSES BY OBJECT Salaries, wages, and benefits $60,960,745 $61,880,553 $64,897,614 $69,026,378 $68,454,300 Personnel expenses 926,521 989,324 1,035,976 1,102,576 1,124,894 Contractual services 44,962,369 46,701,764 48,859,602 50,396,324 54,149,347 Supplies and other expenses 20,799,594 22,998,835 25,023,856 24,918,676 25,958,487 Amortization of tangible capital assets 24,748,158 25,466,555 26,761,379 27,364,414 28,005,710 Debt servicing 5,463,592 5,355,554 5,120,161 5,107,595 5,109,394 Loss on disposal of tangible capital assets 817,165 268,213 1,674,524 1,318,766 (26,976) $158,678,144 $163,660,798 $173,373,112 $179,234,729 $182,775,156
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 44 ASSESSED VALUES FOR GENERAL MUNICIPAL PURPOSES
Assessed Values for General Municipal Purposes
$14,000$16,000
$12,000$14,000 Millions Millions
$10,000$12,000
$10,000 $8,000 $8,000 Improvements $6,000 Land $6,000 $4,000 $4,000
$2,000
$0 20122011 20132012 20142013 20152014 20162015
n Land n Improvements
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 45 PROPERTY TAX COLLECTIONS
2012 2013 2014 2015 2016 Current taxes levied * $137,517,692 $144,245,161 $149,091,545 $153,379,779 $156,702,763 Current taxes collected $134,860,783 $141,490,187 $146,530,196 $150,115,886 $153,342,449 Current taxes receivable as at December 31 $2,656,909 $2,754,974 $2,561,349 $3,263,893 $3,360,314 % of current taxes collected 98.07% 98.09% 98.28% 97.87% 97.86% *Includes collections for other authorities and penalties
Source: City of Kamloops, Finance Department
PROPERTY TAX LEVIES Property Tax Levies
$160
$140 Millions $120 British Columbia Assessment Authority $100 Thompson-Nicola Regional District $80 Thompson-Nicola Regional Hospital District
$60 School taxes
$40 City of Kamloops
$20
$0 2012 2013 2014 2015 2016
n British Columbia Assessment Authority n Thompson-Nicola Regional District n Thompson Regional Hospital District n School Taxes n City of Kamloops
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 46 Legal Debt Servicing Limit
LEGAL DEBT SERVICING LIMIT Millions $0 $5 $10 $15 $20 $25 $30 $35 $40 $45
2012
2013
2014
2015
2016
Current debt servicing expenditure Legal debt servicing capacity n Current debt servicing expenditure n Legal debt servicing capacity Source: City of Kamloops, Finance Department
LONG-TERM DEBT ANDLong-term debt and Debt per capita DEBT PER CAPITA
120,000,000 1,400
1,200 100,000,000
1,000 80,000,000
800 60,000,000 General 600 Total Utilities
40,000,000 400
20,000,000 200
- - 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
n Total utilities n General long-term debt n Per capita long-term debt
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 47 Net Debt
NET DEBT $16
$14 Millions $12
$10
$8
$6
$4
$2
$0 2012 2013 2014 2015 2016
Net debt is an indicator that provides a measure of the future revenues required to pay for past transactions and events. It is calculated as the difference between financial assets and liabilities. It provides an indication of the affordability of additional spending. Source: City of Kamloops, Finance Department ANNUAL SURPLUS Annual Surplus $35,000,000
$30,000,000
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$0 2012 2013 2014 2015 2016 Annual surplus measures whether a government has maintained its net assets in a year. An annual surplus in the year shows that revenues raised in the year were sufficient to cover the year’s cost. Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 48 ACCUMULATED SURPLUS Accumulated Surplus
$1,400 Millions $1,200
$1,000
$800 Capital equity Current funds
$600 Reserves for capital purposes Reserves for operating purposes
$400
$200
$0 2012 2013 2014 2015 2016
n Capital equity n Current funds n Reserves for capital purposes n Reserves for operating purposes
Accumulated surplus represents the government’s net economic resources. An accumulated surplus is that amount by which all assets exceed all liabilities. An accumulated suplus indicates that a government has net resources that can be used to provide future services. Source: City of Kamloops, Finance Department ACQUISITION OF5 year summary TANGIBLE- Acquistion of Tangible Capital Assets CAPITAL ASSETS $70
$60 Millions
$50
$40
$30
$20
$10
$0 2012 2013 2014 2015 2016
n DeveloperDeveloper and other contributed and other contributed tangible tangible capital assets capital assets nCity funded tangible capital City-funded tangible capital assets assets Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 49 New Housing Starts NEW HOUSING STARTS 650 600 550 500 450 400 350 300 250 200 150 100 50 0 2012 2013 2014 2015 2016
Source: City of Kamloops, Development and Engineering Services Department NUMBER OF BUSINESSNumber of Business Licenses Issued LICENCES ISSUED 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2012 2013 2014 2015 2016
Source: City of Kamloops, Development and Engineering Services Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 50 NUMBER OF BUILDINGNumber of Building Permits Issued PERMITS ISSUED 1,750
1,700
1,650
1,600
1,550
1,500
1,450 2012 2013 2014 2015 2016 Source: City of Kamloops, Development and Engineering Services Department Value of Building Permits Issued VALUE OF BUILDING PERMITS ISSUED $250
Millions $200
$150
$100
$50
$0 2012 2013 2014 2015 2016 Source: City of Kamloops, Development and Engineering Services Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 51 DEVELOPMENT AND ENGINEERING SERVICES APPLICATION SUMMARY
MAJOR ACTIVITY 2014 2015 2016 PLANNING AND DEVELOPMENT DIVISION Rezoning Applications 23 38 28 Development Variance Applications 15 20 33 Development Permit Applications 42 32 36 Board of Variance Applications 4 2 1 Preliminary Proposals 1 7 3 Inter-government Referrals 1 5 2 Liquor Licence Applications 4 13 3 ALR Applications 2 3 1 Temporary Use Permits 1 4 2 Land Use Contract Applications 0 0 0 Sign Permit Applications 95 65 80 SUBTOTAL 188 189 189 Zoning Information Requests 81 60 53 New Businesses 598 583 573 Total Business Licences 5,363 5,363 5,510 SUBDIVISION DEVELOPMENT DIVISION Subdivision Applications 39 46 35 Fee Simple Lots Created 168 89 243 Strata Lots Created 38 63 102 Total New Lots Created 206 152 345 BUILDING INSPECTION DIVISION Building Information Requests 1,754 1,859 2,077 Building Permits 1,618 1,701 1,633
Source: City of Kamloops, Development and Engineering Services and Principal Corporate Taxpayers
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 52 NUMBER OF VOTERSNumber of Voters on Voters List ON VOTERS LIST 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2012 2013 2014 2015 2016
Source: City of Kamloops, Corporate Services and Community Safety Department
POPULATION ESTIMATESKamloops Population Estimates 100,000
90,000
80,000
70,000
Population 60,000
50,000
40,000 2012 2013 2014 2015 2016
Source: City of Kamloops, Development and Engineering Services Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 53 PRINCIPAL CORPORATE TAXPAYERS
REGISTERED OWNER Primary Property Taxes Levied Domtar Inc. Industrial 5.54% Aberdeen Kamloops Mall Shopping Centre 2.40% Trans Mountain Pipeline Utility 1.08% Calloway Reit Kamloops (Inc) Shopping Centre 1.08% Kamloops Holdings Inc. Shopping Centre 0.84% Summit Shopping Ctr. Shopping Centre 0.81% Whiterock 350-450 Lansdowne Shopping Centre 0.66% Loblaw Properties West Inc. Shopping Centre 0.66% Costco Wholesale Corp. Shopping Centre 0.63% Northhills Shopping Ctr. Shopping Centre 0.58% Includes general municipal property value taxes, 1% utility taxes, and grants in lieu of taxes; does not include special levies, utilities, or taxes levied by other taxing authorities. Based on largest individual corporate folio. Taxes levied based on a percentage of total municipal taxes.
Source: City of Kamloops, Finance Department
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 54 PERMISSIVE TAX EXEMPTIONS - 2016 Every year, the City of Kamloops receives applications from non-profit organizations that own land and qualify for tax exemption under the requirements of provincial legislation. In 2016, the following non-profit organizations qualified:
Exempt Amount Exempt Amount Registered Owners Civic Address Registered Owners Civic Address Municipal Only Municipal Only 495862 BC Ltd & Desert Garden Senior Community Centre 101-540 Seymour St. $17,718 Kamloops Lawn Bowling 100 Lorne St. $7,262 Ask Wellness Society 433 Tranquille Rd. 7,178 Inclusion Kamloops Society 449 St. Paul St. 7,010 Barnhartvale Community Association Inc. 7390 Barnhartvale Rd. 2,173 Inclusion Kamloops Society 521 Seymour St. 5,804 BC Conservation Foundation 101A-1445 McGill Rd. 1,429 Kamloops Symphony Society 4-510 Lorne St. 1,795 BC Society for Prevention of Cruelty to Animals 1221 8th St. 2,159 Kamloops Symphony Society 5-510 Lorne St. 3,171 BC Society for Prevention of Cruelty to Animals 1225 8th St. 1,071 Kamloops Symphony Society 6-510 Lorne St. 2,096 BC Society for Prevention of Cruelty to Animals 1229 8th St 953 Kamloops Tourism Marketing Society 1290 Trans Canada Hwy. W. 19,306 BC Society for Prevention of Cruelty to Animals 1233 8th St. 937 Kamloops Wildlife Park Society 9077 Dallas Dr. 66,393 BC Society for Prevention of Cruelty to Animals 1239 8th St. 747 Nature Conservancy of Canada 2680 Ord Rd. 838 BC Society for Prevention of Cruelty to Animals 1209 8th St. 6,393 New Life Mission 197 Victoria St. W. 1,809 Big Brothers of Kamloops 821 Seymour St. 7,220 New Life Mission 181 Victoria St. W. 23,479 Canadian Mental Health Association 271 Victoria St. W. 13,866 New Life Mission 346 Seymour St. 3,157 Canadian Mental Health Association 857 Seymour St. 5,992 Norkam Seniors Housing Co-op Assoc & 307-730 Cottonwood Ave. 11,303 Canadian Mental Health Association 768 Battle St. 1,793 North Shore Community Centre Kamloops Heritage Railway Society 40 Mt Paul Way 7,412 Oncore Seniors Society 328 Seymour St. 1,577 Childrens Circle Childcare Society 622 St Paul St. 2,488 Oncore Seniors Society T219-401 760 Mayfair St. 30,160 Greater Kamloops Chamber of Commerce 615 Victoria St. 3,024 Pinetree Riding Club 1554 Todd Rd. 4,998 Greater Kamloops Chamber of Commerce 617 Victoria St. 1,845 Provincial Rental Housing T319-403 760 Mayfair St. 18,073 Heffley Creek CommunityAssoc. 6995 Old Hwy. 5 2,823 Rosehill Farmers Institute 2560 Princeton Kamloops Hwy. 2,250 Interior Community Services 1286 River St. 4,395 St. John Society (BC & Yukon) 627 Victoria St. 10,599 Interior Community Services 396 Tranquille Rd. 8,819 Kamloops Trap and Skeet Club 2100 Lac Le Jeune Rd. 2,269 Interior Community Services 765 Tranquille Rd. 7,669 Thompson Nicola Family Resource Soc. 801 McGill Rd. 18,198 Interior Community Services 290 Maple St. 1,940 Wildlife Park Society of BC Trans Canada Hwy. E. 454 Interior Community Services 837 Crestline Ave. 4,977 Interior Community Services 1695 Centennial Dr. 633 Total Non-profit Tax Exemptions $492,128 Interior Community Services 500 Desmond St. 1,033 Interior Indian Friendship Society 125 Palm St. 12,015 Interior Indian Friendship Society 2355 Parkcrest Ave. 7,650 Council adopted Permissive Tax bylaws to exempt the following heritage properties from Kamloops and District Elizabeth Fry Soc. 827 Seymour St. 5,776 property taxes in 2016: Kamloops Cadet Society 169 Briar Ave. 5,370 Exempt Amount Kamloops Cariboo Regional Immigrant Society 448 Tranquille Rd. 8,146 Registered Owners Civic Address Kamloops Community YMCA - YWCA 452 Battle St. 2,776 Municipal Only Kamloops Community YMCA - YWCA 400 Battle St. 51,166 Roses Icecream Ltd. 371 Victoria St. $1,143 Kamloops Community YMCA - YWCA 2,515 St. Andrew’s on the Square 159 Seymour St. 15,204 Kamloops Curling Club 700 Victoria St. 18,142 Kamloops Elks Lodge No. 44 of the Benevolent and Protective Order 784 Victoria St. 2,697 Total Heritage Tax Exemptions $16,346 Kamloops Food Bank & Outreach Society 164 Wilson St. 1,996 Kamloops Food Bank & Outreach Society 171 Wilson St. 9,688 Kamloops Hospice Association 72 Whiteshield Cres. S. 5,502
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 55 PERMISSIVE TAX EXEMPTIONS - 2016 (Continued) Provincial legislation (the Community Charter) statutorily exempts the building and the land on which the building stands, for places of worship, specific seniors’ housing, hospitals, and private schools. Council may, by bylaw, permissively exempt the land surrounding the building. In 2016, Council adopted bylaws to exempt the following surrounding lands:
Exempt Amount Exempt Amount Places of Worship Civic Address Places of Worship Civic Address Municipal Only Municipal Only Berean Baptist Church 453 Linden Ave. $1,347 Sahali Fellowship 1575 Summit Dr. $730 Bible Truth Society of Canada 1099 Fraser St. 7,131 Salvation Army 344 Poplar St. 1,501 Catholic School of Kamloops 545 Tranquille Rd. 1,326 Sant Nirankari Mission Canada Inc. 1805 Tranquille Rd. 7,852 Christian Science Society of Kamloops 1152 Nicola St. 2,540 Seventh Day Adventist 364 Fortune Dr. 4,875 Church of Jesus Christ of Latter Day Saints 2165 Parkcrest Ave. 9,417 Sikh Cultural Society 700 Cambridge Ave. 8,827 Church of the Nazarene Canada 702 Columbia St. 1,230 South Thompson Congregation of Jehovah Witness 1985 Curlew Rd. 5,863 Cornerstone Baptist Church ( aka Hillcrest Baptist) 805 Sherbrooke Ave. 6,428 Southwest Community Baptist Church 700 Hugh Allan Dr. 8,609 Dallas Barnhartvale Baptist Church 495 Todd Rd. 2,951 St Andrews Presbyterian Church 1136 6th Ave. 2,463 First Baptist Church 454 Columbia St. 11,342 St Georges Anglican Church (Fraser Basin Society) 308 Royal Ave. 1,732 Free Methodist Centennial Chapel 975 Windbreak Ave. 1,989 St Georges Anglican Church (Fraser Basin Society) 320 Royal Ave. 1,007 Gateway City Church 163 Oriole Rd. 9,469 St Paul’s Catherderal Fraser Basin Society) 360 Nicola St. 2,977 Hills of Peace Lutheran Church 695 Robson Dr. 5,222 Summit Drive Baptist Church 1975 Summit Dr. 8,314 Holy Trinity Ukrainian Catholic Church 109 Tranquiille Rd. 1,540 Ukrainian Orthodox Church 1044 8th St. 5,094 Holy Trinity Ukrainian Catholic Church 111 Tranquille Rd. 4,606 United Pentacostal Church of BC 3587 Westsyde Rd. 2,220 Kamloops Alliance Church 200 Leigh Rd. 37,425 Valleyview Bible Mennonite Brethern Church 2386 Trans Canada Hwy. E. 8,365 Kamloops Buddhist Church 371 Poplar St. 1,514 Westsyde Christian Assembly Church 849 Wawn Rd. 2,348 Kamloops Buddhist Church 374 Poplar St. 1,463 Westsyde Fellowship Church 2833 Westsyde Rd. 3,233 Kamloops Buddhist Church 364 Poplar St. 1,463 Westsyde Kingdom Hall of Jehovah Witness 779 Franklin Rd. 1,578 Kamloops Calvary Community Church 1205 Rogers Way 34,756 Kamloops Evangelical Free Church 1132 8th St. 3,823 Total Places of Worship Exemptions $300,817 Kamloops Full Gospel Tabernacle 1550 Tranquille Rd. 3,515 Exempt Amount Kamloops Gospel Chapel 781 Lepine St. 1,796 Seniors’ Housing Civic Address Kamloops Gospel Chapel 1365 Tranquille Rd. 1,347 Municipal Only Kamloops Gurudwara Sahib Society 1345 Ord Rd. 1,732 PA and JM Gaglardi Senior Housing Society 174 St. Paul St. $3,009 Kamloops River of Life Ministries Society 629 Battle St. 2,284 Leigh Congregation of Jehovahs Witness 270 Leigh Rd. 4,311 Exempt Amount Lord of Life Luthern Church 2481 Sunset Dr. 3,220 Private Hospitals Civic Address Mount Paul United Church 140 Laburnum St. 3,567 Municipal Only New Apostolic Church Canada 2085 Parkcrest Ave. 2,206 Kamloops Soc Alcohol and Drug Service $6,154 Plura Hills United Church 2090 PacificWay 2,810 Roman Catholic Bishop of Kamloops 560 3rd Ave. 2,643 Roman Catholic Bishop of Kamloops 572 3rd Ave. 2,912 Total Permissive Tax Exemptions Surrounding Statutory Land Exemptions $309,980 Roman Catholic Bishop of Kamloops 580 3rd Ave. 2,335 Roman Catholic Bishop of Kamloops 255 Nicola St. 12,086 Roman Catholic Bishop of Kamloops 635 Tranquille Rd. 5,799 Total Permissive Tax Exemptions $818,454.00 Roman Catholic Bishop of Kamloops 2797 Sunset Dr. 9,815 Roman Catholic Bishop of Kamloops 2826 Bank Rd. 2,797 Roman Catholic Bishop of Kamloops 573 Tod Mt Rd. 1,488 Sahali Fellowship 1565 Summit Dr. 9,584
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 56 PERMISSIVE TAX EXEMPTIONS - 2016 (Continued) Revitilization tax exemptions are limited to municipal property taxes (Sec. 197 [1] [a] of the Community Charter) and do not extend to school and other property taxes. Council adopted said bylaws to exempt the following properties:
Exempt Amount Exempt Amount Downtown Revitilization Program Civic Address North Shore Revitilization Program Civic Address Municipal Only Municipal Only Kamvan Holdings Ltd. 150 Victoria St. $17,511 ASP 3 Holdings Ltd. 707 Tranquille Rd. $13,908 Allan and Jean Harrison 246 Victoria St. 3,404 Mayfair ( 101 Units) 755 Mayfair St. 52,314 Maxine Tsai and Fu-Chih Tu 256 Victoria St. 1,418 Rivers Bend (99 Units) 760 Mayfair St. 40,383 Mosaic Building (30 Units) 460 5th Ave. 39,972 Golden Vista Suites (46 Units) 375 Cherry Ave. 16,333 Northland Property Corporation 225 Lorne St. 276,693 ASP 3 Holdings Ltd. 685 Tranquille Rd. 17,104 0801947 BC Ltd. 540 Victoria St. 90,569 Library Square (151 Units) 689 Tranquille Rd. 183,932 Blue Light Hotels Ltd. 339 St. Paul St. 51,790 Trophy Enterprises Ltd. (53 Units) 154 Vernon Ave. 10,976 Greystone Holdings Ltd. 519 Victoria St. 1,431 MAIA Enterprises Ltd. 376 Tranquille Rd. 26,448 Total Downtown Revitilization Program $482,789 Total North Shore Revitilization Program $361,397
Total Tax Revitilization Program $844,186
Total Property Tax Exemptions $1,662,640.02
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 57 TOURNAMENT CAPITAL GRANTS - 2016
Grant $ Month Participants Participants Total No. of Days Participation Economic Out of Town in Town Participants Days Impact PROVINCIAL Kamloops Judo Club Youth Provincials $500 Feb 170 10 180 2 340 $45,900 KTFC Indoor Master/Van Ryswyk Invitational $500 Feb 200 14 214 3 600 $81,000 Kamloops Long Blades Provincials $500 March 116 8 124 2 232 $31,320 KGTC Trampoline Provincials $500 March 184 36 220 3 552 $74,520 KMHA BC Bantam Female Provincials $500 March 160 20 180 5 800 $108,000 KMHA BC Midget Female Provincials $500 March 120 20 140 4 480 $64,800 KMHA BC PeeWee Female Provincials $500 March 120 0 120 4 480 $64,800 Valleyview Secondary Girls Rugby Provincials $1,100 May 550 50 600 4 2,200 $297,000 CMAF Provincial Championships - Viani’s $325 May 65 35 100 1 65 $8,775 BC Cup Mountain Bike Downhill $500 May 250 50 300 2 500 $67,500 Kamloops Aquatic Club BC AA Provincials $760 June 380 20 400 3 1,140 $153,900 Kamloops Canoe & Kayak Club BC Championships $500 July 170 20 190 2 340 $45,900 KMBA Bantam Provincials $500. July 162 18 180 4 648 $87,480 KMBA Midget Provincials $500 July 162 18 180 4 648 $87,480 KMBA PeeWee Provincials $500 July 162 18 180 4 648 $87,480 BC Rugby Girls 7s Provincials $500 October 170 30 200 3 510 $68,850 Valleyview Skating Club Autumn Leaves Provincials $1,044 October 522 50 572 3 1,566 $211,410 Kamloops Aquatic Club High School Provincials $1,500 November 875 25 900 2 1,750 $236,250 ITF of BC Tae Kwon Do Provincials $500 November 193 0 193 1 193 $26,055 TOTAL PROVINCIAL GRANTS $11,729
WESTERN CANADIAN BC Powerliffting Western Canadian Championships $1,000 August 290 10 300 3 870 $117,450 TOTAL WESTERN CANADIAN GRANTS $1,000
NATIONAL KGTC National Gymnastics $1,500 March 146 4 150 4 584 $78,840 2016 Women’s World Hockey Championships $0 March 300 0 300 9 2,700 $364,500 BC Wheelchair Basketball National Championships $1,500 April 120 15 135 3 360 $48,600 KIBT 2016 $1,500 July 125 75 200 5 625 $84,375 Cdn National Downhill Mountain Bike $1,500 July 250 50 300 2 500 $67,500 Kamloops BMX Cactus Cup Nationals $1,500 August 350 50 400 3 1,050 $141,750 TOTAL NATIONAL GRANTS $7,500
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 58 TOURNAMENT CAPITAL GRANTS - 2016 (CONTINUED)
Grant $ Month Participants Participants Total No. of Days Participation Economic Out of Town in Town Participants Days Impact INVITATIONAL KIBIHT $0 January 510 40 550 5 2,550 $344,250 KMHA Midget Tier 2 $280 January 140 20 160 3 420 $56,700 KMHA PeeWee Tier 3 $240 January 120 40 160 3 360 $48,600 KMHA Atom Rec $600 January 300 180 480 3 900 $121,500 KMHA Midget Rec $400 January 200 200 400 3 600 $81,000 Kamloops Long Blades Coyote Cup $176 January 88 32 120 1 88 $11,880 Sahali Secondary E Froese Basketball $120 January 60 60 120 3 180 $24,300 River City Racers Polarthon $500 January 35 15 50 1 35 $4,725
KMHA Bantam Rec 2 $280 February 140 100 240 3 420 $56,700 KMHA Atom Rec 2 $240 February 120 120 240 3 360 $48,600 KMHA PeeWee Rec 2 $240 February 120 120 240 3 360 $48,600 KMHA Midget Rec $120 February 60 100 160 3 180 $24,300 Kamloops Tri Club Indoor Triathlon $0 February 8 44 52 1 8 $1,080
KGTC Invitational Gymnastics $600 March 300 50 350 3 900 $121,500 Kam Rec Old Timers Hockey $360 March 180 225 405 3 540 $72,900 HUB International Ski Festival $824 March 412 77 489 2 824 $111,240 Dirt 4 Life Trail Race #1 $400 March 200 175 375 1 200 $27,000 KDM Easter Slo Pitch $640 March 320 160 480 3 960 $129,600 Highland Dance Competition $0 March 275 25 300 2 550 $74,250
Kamloops Rugbyfest $750 April 375 125 500 2 750 $101,250 Kamloops Aquatic Club Spring Invitational $550 April 275 25 300 2 550 $74,250 DFO Hockey/Golf Tournament $300 April 150 30 180 3 450 $60,750 Kamloops Squash Association Spring Squash Open $100 April 12 32 44 3 36 $4,860 KTFC Battle of the Borders $500 April 250 256 506 1 250 $33,750 Kamloops Minor Lacrosse Al Price Bantam Memorial $0 April 300 20 320 3 900 $121,500 Kamloops Minor Lacrosse Al Price PeeWee Memorial $0 April 320 40 360 3 960 $129,600 KMHA Ice Pirates $400 April 200 200 400 3 600 $81,000 Thompson Shuswap Slo Pitch Ice Breaker $120 April 60 160 220 1 60 $8,100
KYSA May Slurpee Cup $1,500 May 3,000 1,000 4000 3 9,000 $1,215,000 Kamloops Pickleball Open $102 May 51 41 92 2 102 $13,770 KTFC, North & West Zone High School Track $400 May 200 83 283 1 200 $27,000 Kamloops Minor Fastball Spring Knockout $666 May 333 81 414 2 666 $89,910
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 59 TOURNAMENT CAPITAL GRANTS - 2016 (CONTINUED)
Grant $ Month Participants Participants Total No. of Days Participation Economic Out of Town in Town Participants Days Impact INVITATIONAL (Continued) KTFC Dylan Armstrong Classic Track Meet $340 May 170 120 290 2 340 $45,900 KTFC Okanagan Zone Track Meet $588 May 294 60 354 1 294 $39,690 Sage Orienteering Club Sage Stomp $180 May 90 10 100 3 270 $36,450 Homerun Sports May Long Weekend Slo Pitch $1,500 May 800 200 1000 3 2,400 $324,000 Kamloops Horseshoe Club May Event $250 May 125 25 150 1 125 $16,875 KMHA Ice Pirates 2 $400 May 200 200 400 3 600 $81,000
Kamloops Century Ride $100 June 40 40 80 1 40 $5,400 Thompson Shuswap Slo Pitch Tailgate $120 June 60 100 160 1 60 $8,100 Kamloops Classic June Meet $1,050 June 525 75 600 3 1,575 $212,625 Kamloops Shotgun Sports $250 June 125 10 135 3 375 $50,625 Kids of Steel $0 June 110 60 170 2 220 $29,700 Kamloops Minor Baseball Sussex All Star $850 June 425 80 505 4 1,700 $229,500 Swim BC AA Championship $0 June 500 50 550 4 2,000 $270,000 Kamloops BMX $220 June 110 48 158 1 110 $14,850
Kamloops Minor Baseball Canada Day Classic $360 July 180 16 196 4 720 $97,200 Thompson Shuswap Slo Pitch Wind Up $120 July 60 100 160 1 60 $8,100 Kamloops Basketball Academy $0 July 300 250 550 3 900 $121,500 Legacy Performance Games $0 July 340 10 350 3 1,020 $137,700 Kamloops Marathon $0 July 200 200 400 2 400 $54,000
Kamloops Summer Swim Club $900 August 450 50 500 2 900 $121,500 Punjab Sport Society Soccer Tournament $1,500 August 800 100 900 2 1,600 $216,000 Kamloops Ultimate Desert Luau $0 August 280 20 300 2 560 $75,600 Kamloops Invitational Soccer $1,500 August 1,200 300 1500 4 4,800 $648,000 2nd Annual Dragon Boat “Friendly” $0 August 520 80 600 2 1,040 $140,400 Sweatfest/Crossfit $0 August 100 50 150 3 300 $40,500
Kamloops Walk in the Park $150 September 50 25 75 1 50 $6,750 Kamloops Horseshoe Club Sept Event $200 September 100 50 150 1 100 $13,500 BC Hydro Slo Pitch Tournament $500 September 250 50 300 3 750 $101,250 2016 Coors Senior Mens Slo Pitch $594 September 247 39 286 2 494 $66,690
KMHA Midget Tier 1 $360 October 180 20 200 4 720 $97,200
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 60 TOURNAMENT CAPITAL GRANTS - 2016 (CONTINUED)
Grant $ Month Participants Participants Total No. of Days Participation Economic Out of Town in Town Participants Days Impact INVITATIONAL (Continued) KMHA PeeWee Tier 1 $280 October 140 20 160 3 420 $56,700 Octoberfest Slo Pitch $1,500 October 840 120 960 3 2,520 $340,200 42nd Annual Crown of Curling $0 October 160 20 180 5 800 $108,000 Kamloops Aquatic Club Jamboree $250 October 125 75 200 1 125 $16,875
KMHA Female Bantam/PW Rec $1,160 November 580 140 720 3 1,740 $234,900 KMHA Bantam Tier 3 $280 November 140 20 160 3 420 $56,700 KMHA Atom Development $400 November 200 120 320 3 600 $81,000 KMHA Bantam Rec $840 November 260 220 480 3 780 $105,300 Kamloops Long Blades Classic Chill $160 November 80 20 100 1 80 $10,800 9 Man Community Football $0 November 100 15 115 2 200 $27,000
KMHA PeeWee Tier 2 $360 December 180 20 200 3 540 $72,900 KMHA PeeWee Rec $800 December 400 60 460 3 1,200 $162,000 Kamloops Aquatic Club MJB Law Ice Classic $1,000 December 500 100 600 3 1,500 $202,500 Fulton Cup High School Basketball $0 December 0 220 220 3 0 $0 TOTAL INVITATIONAL GRANTS $30,470
TRAINING CAMPS BC Lions Training Camp June 100 100 23 2,300 $310,500 TOTAL TRAINING CAMPS 100 2,300 $310,500
TOTALS $50,699 28,062 8,130 36,192 83,088 $11,216,880
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 61 FINANCIAL CITY OF KAMLOOPS STATEMENTS BRITISH COLUMBIA, CANADA
Prepared by: City of Kamloops Finance Department 2016FOR THE YEAR ENDED DECEMBER 31, 2016
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 62 CANADIAN AWARD FOR FINANCIAL REPORTING Fifth Consecutive Year For the fifth consecutive year, the City of Kamloops has been awarded the Canadian Award for Financial Reporting by the Government Finance Officers Association of the United States and Canada for the annual financial report for the fiscal year ended December 31, 2015. THE CANADIAN AWARD FOR FINANCIAL REPORTING WAS ESTABLISHED TO: • Encourage municipal governments throughout Canada to publish high-quality financial reports • Provide peer recognition and technical guidance for officials preparing these reports • Recognize top-quality financial reporting • Urge governments to be fully accountable to their citizens and to others with an interest in the government’s finances CRITERIA FOR THE CANADIAN AWARD FOR FINANCIAL REPORTING: • An easily readable and efficiently organized annual financial report that goes beyond the minimum requirements of generally accepted accounting principles • The municipality must demonstrate an effort to clearly: communicate its financial picture enhance understanding of its financial reporting address user needs
BRAVO KAMLOOPS!!
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 63
Report from the Finance Director
May 29, 2017
Your Worship and Members of Council:
I am pleased to submit the 2016 Annual Report for the City of Kamloops (the City) for the year ended December 31, 2016, in accordance with Sections 98 and 167 of the Community Charter. The Annual Report includes an introductory section which provides an organization overview and summary of the goals and accomplishments in Council’s strategic plan. The Financial Reports section includes audited consolidated financial statements and statistical information.
The consolidated financial statements for the year ended December 31, 2016, were prepared by the City’s Finance Department in accordance with Canadian public sector accounting standards. The City maintains systems of internal controls to provide reasonable assurance that the financial information is relevant, reliable, and accurate. The Audit Committee reviews the City’s consolidated financial statements and recommends their approval to City Council. The consolidated financial statements were audited by the City’s external auditor, BDO Canada LLP who expressed an unqualified opinion in their report dated May 2, 2017. City Council is responsible for the appointment of the external auditor.
The City improved its financial position and ended the year with an accumulated surplus of $32.7 million. Total revenues for 2016 were $215.5 million, an increase of $13.7 million from the prior year. The increase of $28.2 million over budgeted revenues is primarily due to the recording of significant developer contributions in the form of land and infrastructure from completed subdivision development. Based on the budget revenue requirements, Taxation and fees, Rates and sales of service revenues were set to provide an increase of $3.6 million. The reduction in the development levies utilized reflects the reduction in large developer funded capital projects completed in 2016 compared to the prior year. For the year ended December 31, 2016, the expenses were $1.8 million over budget, which reflects additional services performed primarily in Parks, recreation and culture and Infrastructure maintenance functions which were not included in the initial budget prepared at the beginning of the year. The overall variance in expenses represents approximately 1% of total expenses and is made up of many small changes across all categories. The largest variance is in contracted services which is up $43.7 million from prior year but is $2.4 million less than budgeted. Salaries, wages and benefits decreased slightly from both budgets and the prior year due to a number of vacancies across the organization. Supplies and other services saw a $5.8 million increase over budget although the actual spend was in line with the prior year. The City acquired $59.2 million of tangible capital assets and recognized $28.4 million in amortization of tangible capital assets. Overall the net book value of the City’s tangible capital assets is $1.158 billion. On behalf of the Finance Department, I would like to express my appreciation to City Council and staff for their efforts in achieving positive results in 2016.
Respectfully submitted,
______Kathy Humphrey, CPA, CA Finance Director
7 Victoria Street West | Kamloops BC V2C 1A2 | P. 250-828-3311 | F. 250-828-3578 | www.kamloops.ca
C:\Users\jkilduff\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\SVIQ2VFP\275660_Letter of Transmittal 2016_LET.docx
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 64 Tel: 250 372 9505 BDO Canada LLP Fax: 250 374 6323 300 – 275 Lansdowne Street www.bdo.ca Kamloops BC V2C 6J3
Independent Auditor's Report
To the Members of Council, Inhabitants and Ratepayers of the City of Kamloops
We have audited the accompanying consolidated financial statements of the City of Kamloops, which comprise the Consolidated Statement of Financial Position as at December 31, 2016 and the Consolidated Statements of Operations, Change 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 Consolidated Financial Statements
Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with Canadian public 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 responsibility 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 and fair presentation 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.
Opinion
In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the City of Kamloops as at December 31, 2016 and the results of its operations, changes net debt and cash flows for the year then ended in accordance with Canadian public sector accounting standards.
Chartered Professional Accountants Kamloops, British Columbia May 2, 2017
BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 65 Management's Responsibility for Financial Reporting
The accompanying consolidated financial statements of the City of Kamloops (the "City") and all the information in this annual report are the responsibility of management and have been approved by the Mayor and Council of the City.
The consolidated financial statements have been prepared by management in accordance with Canadian public sector accounting standards. Consolidated financial statements are not precise since they include certain amounts based on estimates and judgments. When alternative accounting methods exist, management has chosen those it deems most appropriate in the circumstances, in order to ensure that the financial statements are presented fairly, in all material respects.
The City maintains systems of internal accounting and administrative controls of high quality, consistent with reasonable cost. Such systems are designed to provide reasonable assurance that the financial information is relevant, reliable and accurate and the City's assets are appropriately accounted for and adequately safeguarded.
The City is responsible for ensuring that management fulfills its responsibilities for financial reporting and is ultimately responsible for reviewing and approving the financial statements. Council carries out this responsibility principally through its Audit Committee.
The Audit Committee review the City's consolidated financial statements and recommends their approval to City Council. The Audit Committee meets periodically with management, as well as the external auditors, to discuss internal controls over the financial reporting issues, to satisfy themselves that each party is properly discharging their responsibilities, and to review the annual report, the financial statements and the external auditor's report. The Mayor and Council takes this information into consideration when approving the financial statements for issuance to the ratepayers. The Mayor and Council also appoint the engagement of the external auditors.
The financial statements have been audited by BDO Canada LLP in accordance with Canadian generally accepted auditing standards on behalf of the ratepayers. BDO Canada LLP has full access to the Council and management.
Chair of Audit Committee
Finance Director
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 66 Page 2 City of Kamloops Consolidated Statement of Financial Position
As at December 31 2016 2015
Financial Assets Cash (Note 3) $ 42,626,628 $ 13,930,724 Short-term investments (Note 3) 110,910,404 110,706,387 Accounts receivable (Note 4) 22,573,744 24,138,753 Long-term investments (Note 5) 1,947,574 1,930,004
178,058,350 150,705,868
Liabilities Accounts payable (Note 6) 21,280,678 23,035,172 Payroll benefits payable 4,568,427 4,505,823 Post-employment benefits payable (Note 7) 7,659,000 7,616,000 Landfill post-closure costs (Note 8) 2,977,203 2,705,722 Deferred revenue (Note 10) 28,037,767 26,901,964 Long-term debt (Note 11) 126,339,233 101,302,016
190,862,308 166,066,697
Net Financial Debt (12,803,958) (15,360,829)
Non-Financial Assets Inventory 1,350,054 1,222,687 Prepaid expenses 1,189,160 1,472,980 Tangible capital assets (Note 12) 1,158,563,204 1,128,194,933
1,161,102,418 1,130,890,600
Accumulated Surplus (Note 13) $ 1,148,298,460 $ 1,115,529,771
See commitments and contingencies (Note 19)
Kathy Humphrey, CPA, CA Ken Christian Finance Director Chair of Audit Committee
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 67
The accompanying summary of significant accounting policies and notes are an integral part of these financial statements. Page 4 City of Kamloops Consolidated Statement of Operations
Financial Plan For the year ended December 31 2016 2016 2015 (Note 21)
Revenue (Note 14) Taxation (Note 17) $ 104,105,629 $ 104,363,436 $ 100,774,087 Development levies utilized - 2,666,964 6,781,829 Fees, rates and sales of service 58,829,522 61,340,949 58,160,791 Government transfers (Note 18) 19,713,962 20,130,706 21,774,464 Investment income 4,671,754 4,659,065 5,049,604 Private contributions 72,637 22,382,725 9,294,325
187,393,504 215,543,845 201,835,100
Expenses (Note 15) Cemetery 675,338 676,776 669,832 Community development 5,643,141 5,180,400 4,300,512 Corporate administration 15,921,502 11,071,601 11,008,500 Environmental services 596,760 595,456 233,140 Fire services 17,410,628 17,753,781 19,573,886 Infrastructure maintenance 23,928,452 24,768,172 26,543,538 Legislative and enforcement 5,661,676 5,739,587 5,688,962 Parks, recreation and cultural services 34,938,138 36,128,740 35,854,004 Police services 28,232,169 24,790,451 23,340,339 Public transit 17,263,605 17,331,495 16,494,250 Solid waste 10,076,387 10,539,448 8,059,367 Water utility 10,269,884 15,169,459 15,862,633 Sewer utility 7,620,648 10,141,125 8,707,701 Kamloops Airport Authority Society 2,065,311 2,238,666 2,130,454 Venture Kamloops Business Development Society 626,190 649,999 767,611
180,929,829 182,775,156 179,234,729
Annual Surplus 6,463,675 32,768,689 22,600,371
Accumulated Surplus, beginning of year 1,115,529,771 1,092,929,400
Accumulated Surplus, end of year $ 1,148,298,460 $ 1,115,529,771
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 68
The accompanying summary of significant accounting policies and notes are an integral part of these financial statements. Page 5 City of Kamloops Consolidated Statement of Change in Net Debt
Financial Plan For the year ended December 31 2016 2016 2015 (Note 21)
Annual surplus $ 6,463,675 $ 32,768,689 $ 22,600,371
Acquisition of tangible capital assets (Note 12) - (59,243,412) (54,937,199) Amortization of tangible capital assets (Note 12) - 28,482,676 27,364,415 Net book value of tangible capital assets disposed (Note 12) - 392,463 2,227,494 Decrease in prepaid expenses - 283,822 119,387 Increase in inventory - (127,367) (4,031)
Change in net debt 6,463,675 2,556,871 (2,629,563)
Net debt, beginning of year (15,360,829) (15,360,829) (12,731,266)
Net debt, end of year $ (8,897,154) $ (12,803,958) $ (15,360,829)
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 69
The accompanying summary of significant accounting policies and notes are an integral part of these financial statements. Page 6 City of Kamloops Consolidated Statement of Cash Flows
For the year ended December 31 2016 2015
Cash provided by (used for) Operating transactions Annual surplus $ 32,768,689 $ 22,600,371 Non-cash items included in annual surplus Amortization expense 28,482,676 27,364,414 Increase (decrease) in post-employment benefits payable 43,000 (45,000) Increase (decrease) in landfill post-closure costs 271,481 317,649 Loss (gain) on disposal of tangible capital assets (26,976) 1,318,766 Private contributions (13,236,166) (7,821,792) Changes in non-cash operating items: Decrease (increase) in accounts receivable 1,565,009 (6,492,084) Decrease (increase) in inventory (127,367) (4,031) Decrease (increase) in prepaid expenses 283,822 119,388 Increase (decrease) in accounts payable (1,754,494) 2,476,725 Increase (decrease) in payroll benefits payable 62,604 418,577 Increase (decrease) in deferred revenue 1,135,803 (713,690)
49,468,081 39,539,293
Capital transactions Acquisition of tangible capital assets (46,007,246) (47,115,407) Proceeds from sale of tangible capital assets 419,439 908,729
(45,587,807) (46,206,678)
Investing transactions Decrease (increase) in short-term investments (204,017) (306,195) Decrease (increase) in long-term investments (17,570) (18,066)
(221,587) (324,261)
Financing transactions Proceeds from issuance of long-term debt 33,952,235 13,675,260 Principal repayments on long-term debt (8,915,018) (9,141,743)
25,037,217 4,533,517
Increase (decrease) in cash 28,695,904 (2,458,129)
Cash, beginning of year 13,930,724 16,388,853
Cash, end of year $ 42,626,628 $ 13,930,724
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 70
The accompanying summary of significant accounting policies and notes are an integral part of these financial statements. Page 7 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
1. Significant accounting policies
The City of Kamloops (the "City") was incorporated in 1893 under statute of the Province of British Columbia. Its principal activities include the provision of local government services to residents of the incorporated area. These include cemetery; community development; corporate administration; environmental services; fire; infrastructure maintenance; legislative and enforcement; parks, recreation and culture; police; public transit; solid waste; water utility; and sewer utility. The City is also responsible for the Kamloops Airport Authority Society and the Venture Kamloops Business Development Society.
Basis of presentation
The Consolidated Financial Statements of the City have been prepared, in all material respects, in accordance with Canadian public sector accounting standards ("PSAS") for local governments as recommended by the Public Sector Accounting Board ("PSAB") of the Chartered Professional Accountants of Canada ("CPAC").
Basis of accounting
The basis of accounting followed in these consolidated financial statements is an accrual method and includes revenues in the period in which the transactions or events occurred that gave rise to the revenues and expenses in the period the goods and services were acquired and a liability was incurred.
Basis of consolidation
The consolidated financial statements include the accounts of the Kamloops Airport Authority Society and the Venture Kamloops Business Development Society. Separate audited financial statements have also been prepared for the societies. Inter-fund balances and transactions have been eliminated.
The Kamloops Airport Authority Society and the Venture Kamloops Business Development Society are controlled by the City through its appointment of the members of each society. The consolidated financial statements include all accounts of these societies.
Revenue recognition
Revenues are accounted for in the period in which the transactions or events occurred that gave rise to the revenues and the amounts to be received can be reasonably estimated and collection is reasonably assured.
Taxation for municipal purposes is recorded as revenue in the period the taxes are levied.
User charges, fees, and other amounts collected for which the City has an obligation to perform or provide a future service are deferred until the service is provided.
Contributions or other funding received which has externally imposed restrictions are initially accounted for as deferred revenue and then recognized as revenue when used for the specific purpose.
Contributions received in-kind are recognized as revenue in the period received at the fair market value at the time of the contribution.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 71
Page 8 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
1. Significant accounting policies (Continued)
Government transfers
Government transfers are recognized as revenue in the financial statements when the transfer is authorized and any eligibility criteria are met, except to the extent that transfer stipulations give rise to an obligation that meets the definition of a liability. Transfers are recognized as deferred revenue when transfer stipulations give rise to a liability. Transfer revenue is recognized in the statement of operations as the stipulation liabilities are settled.
Inventory
Inventory is valued at the lower of cost and net realizable value with cost determined by the average cost method.
Investments
Short-term investments and investments are recorded at cost, which approximates net realizable value.
Tangible capital assets
Tangible capital assets are recorded at cost less accumulated amortization and are classified according to their functional use. Costs include all costs directly attributable to the acquisition or construction of the tangible capital asset including transportation costs, design and engineering fees, legal fees and site preparation costs.
Assets were amortized using the straight line method. There are several different amortization periods used for each major category of assets, as follows:
Land No amortization taken Site improvements 5 to 50 years Equipment 5 to 10 years Buildings 15 to 50 years Transportation network 10 to 75 years Water network 10 to 75 years Sanitary network 10 to 75 years Drainage network 10 to 75 years Communication network 20 years Computing infrastructure 4 to 10 years
Amortization is not taken on tangible capital assets until they are ready for use. The City holds several works of art and historic treasures that have not been included in the tangible capital assets, including displays at the museum, statues located throughout the City and various works of art and decorations within the facilities.
Non-financial assets
Non-financial assets are held for use in the provision of goods and services but are not available to discharge existing liabilities. These assets have a useful life extending beyond the current year and are not intended for sale in the ordinary course of operations.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 72 Page 9 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
1. Significant accounting policies (Continued)
Long-term debt
Long-term debt is recorded net of any related sinking fund balances. Debt service charges, including principal and interest, are charged against current revenue in the period in which they occur.
Reserves
Reserves for operating and capital purposes represent amounts reserved either internally or by statute for specific future purposes.
Contaminated sites
Governments are required to accrue a liability for the costs to remediate a contaminated site. Liabilities are recognized when an environmental standard exists, contamination exceeds the standard, the government has responsibility for remediation, future economic benefits will be given up and a reasonable estimate can be made.
Use of estimates
The preparation of financial statements in accordance with Canadian public sector accounting standards requires management to make estimates and assumptions that have an effect on the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the year. Actual results could be different from those estimates. Significant estimates in these financial statements include the post- employment benefit payable and the landfill post-closure costs.
Landfill post-closure costs
The City is required to fund the closure of its landfill sites and to provide for the post-closure care of the facilities. Closure and post-closure activities include the final cover, landscaping, surface and groundwater monitoring, leachate control and visual inspection. The requirement is being provided for over the estimated life of the landfill sites based on the respective usage of each facility.
Retirement benefits and other employee benefit plans
The City's contributions due during the period to its multi-employer defined benefit plan are expensed as incurred. The costs of other retirement benefits that accumulate over the period of service provided by employees are actuarially determined using the projected benefit method prorated on services based on management’s best estimate of retirement ages, inflation rates, investment returns, wage and salary escalation, insurance and health care costs trends, employee turnover and discount rates. Actuarial gains and losses are amortized on a straight-line basis over the expected average remaining service life of the employee group.
Deferred Revenue - Development Cost Charges
Development cost charges ("DCC's") collected to pay for capital costs due to development are recorded as deferred revenue. DCC's are recognized as revenue when the related development costs are incurred.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 73 Page 10 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
2. Segmented Information
The City of Kamloops is a diversified municipal government institution that provides a wide range of services to its citizens. Distinguishable functional segments have been separately disclosed. The nature of the segments and the activities they encompass are as follows; and quantitative data on these segments can be found in Notes 14 and 15.
Cemetery
This segment captures all of the revenue and expenses associated with Cemetery operations including providing services to the public and maintenance of the cemetery infrastructure.
Community development
This segment includes many of the activities of the Planning, Engineering and Development Services Department including Building Permits, Business Licenses, Zoning, Development Applications and Engineering Services.
Corporate administration
This segment includes all of the internal support service functions of the corporation. This includes Human Resources, Information Technology, Finance and the Chief Administration Officer's department. All of these functions are typical to all medium to large corporations, either private or public.
Environmental services
This segment includes all of the operating activities of the Environmental Services Division which includes activities such as envornmental assessments and groundwater monitoring.
Fire services
This segment includes all of the operating activities of the Fire and Rescue Services Division including fire prevention, suppression and education. This function also includes maintenance of the fire department fleet and operation of the Fire Training Centre.
Infrastructure maintenance
This segment includes all of the operating activities of the Public Works department that involve the repair and maintenance of the City's infrastructure assets including the road network, the storm water (drainage) network and the City's vehicle fleet. Maintenance of the recreation buildings and park assets are not included in this segment as they are included in the Parks, recreation and cultural services department.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 74
Page 11 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
2. Segmented information (Continued)
Legislative and enforcement
This segment includes the functions related to the legislative operations of the City. This encompasses revenue and expenses directly related to City Council, the City Clerk's office, bylaw enforcement, parking and animal control.
Parks, recreation and cultural services
This segment includes all of the operating activities of the Parks, Recreation and Cultural Services department. This includes the revenue and expenses to provide recreation and cultural programs throughout the City; repair and maintenance of the buildings and other infrastructure used to provide these programs; and repair and maintenance of administrative buildings throughout the City.
Police services
This segment includes all of the operating activities of the Police Services Division. This includes the activities of the RCMP and the municipal staff who support these activities.
Public transit
This segment includes all of the operating activities of the Public Transit Division to provide public transit services to the City.
Solid waste utility
Included in this segment is all of the revenue and expenses related to the collection and disposal of the residents' garbage and recycling products.
Water utility
This segment includes all of the operating activities related to the treatment and distribution of water throughout the City.
Sewer utility
This segment includes all of the operating activities related to the collection and treatment of wastewater (sewage) throughout the City.
Kamloops Airport Authority Society
This segment includes all of the operating activities of the Kamloops Airport Authority Society whose mandate is to oversee the operation of the Kamloops Airport and the repair and maintenance of its assets.
Venture Kamloops Business Development Society
This segment includes all of the operating activities of the Venture Kamloops Business Development Society.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 75 Page 12 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
3. Cash and Short-Term Investments 2016 2015
Consolidated cash $ 42,626,628 $ 13,930,724 Consolidated short-term investments 110,910,404 110,706,387
$ 153,537,032 $ 124,637,111
Restricted cash and short-term investments: Statutory reserves $ 37,326,275 $ 37,413,811 Development cost charges 7,749,135 7,168,170 Kamloops Airport Authority Society 3,539,158 2,996,728 Venture Kamloops Business Development Society 138,935 70,353
Unrestricted cash and short term investments 104,783,529 76,988,049
$ 153,537,032 $ 124,637,111
The maturity dates of the short-term investments held directly by the City range from January 23, 2017 to June 1, 2029. The interest rates earned on these investments range from 0.87% to 6.00%. The market value of cash and short term investments is $112,985,979 (2015 - $113,482,717).
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 76
Page 13 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
4. Accounts Receivable 2016 2015 General fund: Taxes $ 4,757,971 $ 4,902,588 Utilities 1,839,696 1,771,156 Trade 7,033,933 8,010,708 Accrued interest 887,716 972,981 Province of British Columbia 358,059 371,164 Government of Canada 523,291 837,441
$ 15,400,666 $ 16,866,038
Water fund: Trade 3,414,163 3,350,360 Province of British Columbia 494,832 -
3,908,995 3,350,360
Sewer fund: Trade 2,489,465 2,195,604 Province of British Columbia - 208,796
2,489,465 2,404,400
Kamloops Airport Authority Society Trade 386,113 488,361 Government of Canada 383,988 1,005,930
770,101 1,494,291
Venture Kamloops Business Development Society Trade 4,517 23,664
$ 22,573,744 $ 24,138,753
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 77
Page 14 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
5. Long-term Investments
The City's long-term investments are held by the British Columbia Interior Community Foundation in seven endowment funds; the City of Kamloops Centennial Fund "A", the City of Kamloops Centennial Fund "B", the 1979 Winter Games Legacy Fund, the 1993 Canada Summer Games Fund, the 2006 BC Summer Games Legacy Fund, the Art Gallery Reserve Fund and the Arts Legacy Fund.
All of the income earned in the City of Kamloops Centennial Fund "A" is re-invested in the fund. 90% of the income earned in the City of Kamloops Centennial Fund "B" is returned to the City to support the grant-in-aid program and the remaining 10% is re-invested in the fund. 75% of the income earned in the 1979 Winter Games Sports Legacy Fund is distributed to the City and the remaining 25% is re-invested in the fund. All of the income earned in the 1993 Canada Summer Games Legacy Fund is re-invested in the fund. 75% of the income earned in the 2006 BC Summer Games Legacy Fund is distributed back to the City and the remaining 25% is re- invested in the fund. All of the income earned in the Art Gallery Reserve Fund is distributed to the City. 75% of the income earned in the Arts Legacy Fund is distributed back to the City and the remaining 25% is re-invested in the fund.
6. Accounts Payable
2016 2015 General fund: Trade $ 12,804,858 $ 16,770,291 Payroll and benefits 1,330,238 815,321 Province of British Columbia 417,954 90,195 Government of Canada 5,997,512 4,593,387
20,550,562 22,269,194
Kamloops Airport Authority Society Trade 678,955 726,656
Venture Kamloops Business Development Society Trade 51,161 39,322
$ 21,280,678 $ 23,035,172
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 78
Page 15 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
7. Post-employment benefits payable
The City of Kamloops sponsors a defined benefit plan for retirement benefits other than pensions for certain employees. The plan provides for a payout of accumulated sick leave for CUPE local 900 employees; an early retirement incentive payment and deferred vacation payout for IAFF local 913 employees; and an early retirement incentive payment for Management employees.
Total benefit payments paid during the year were $597,000 (2015 - $657,000). The plan does not require any contribution from employees. The retirement benefit liability at December 31, 2016 includes the following components:
2016 2015
Accrued benefit obligation, beginning of year $ 7,616,000 $ 7,661,000 Current service cost 614,000 601,000 Interest cost 252,000 243,000 Benefits paid (597,000) (657,000) Actuarial gain/loss - current (226,000) (232,000)
Accrued benefit obligation - ending balance 7,659,000 7,616,000
Actuarial valuations for accounting purposes are performed using the projected benefit method prorated on services. The most recent actuarial report was prepared on January 23, 2017 using data as of December 31, 2016. The accrued benefit obligation shown for 2016 is based on amounts included in the 2015 valuation.
The actuarial valuation was based on a number of assumptions about future events, such as inflation rates, interest rates, wage and salary increases, and employee turnover and mortality. The assumptions used reflect the City’s best estimates. The expected inflation rate is 3.25% (2015 - 3.25%). The discount rate used to determine the accrued benefit obligation is 3.4% (2015 - 3.2%).
The retirement benefit expense is included in the statement of operations and accumulated surplus as a component of program expenses. The retirement benefit interest expense is included in the public debt interest expense. The prior period cost of plan amendment is included in the current expenses for the year indicated.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 79
Page 16 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
8. Landfill post-closure costs
The City of Kamloops operates three solid waste landfill sites in the Kamloops area and assumes certain obligations for the landfill sites including closure and post closure liabilities. The reported liabilities are based on estimates and assumptions with respect to events extending over the remaining life of each of the landfills. The estimates and assumptions are provided through an independent assessment conducted in 2014. The liability and annual expense is calculated based on the ratio of current usage to total capacity of the site and the estimated future cash flows associated with closure and post-closure activities stated in current (2016) dollars. The aggregate liability for closure and post-closure costs for the two landfills is $2,977,203 (2015 - $2,705,722).
The main landfill at the Mission Flats site is expected to serve until 2044 with 25 years needed for post-closure care based on the independent assessment. The remaining capacity of the landfill site is estimated at 3.40 million cubic meters, which is 79% of the site’s total capacity. Approximately 60% of landfill closure will be completed while the landfill is still in operation with costs associated with the closure being charged to expenses when they are incurred. To date $2,089,871 has been spent on progressive closure costs.
Since a final design for the Barnhartvale site has not been completed the independent assessment was not able to provide a lifespan analysis. The City anticipates that the Barnhartvale site will serve until 2021 with 25 years needed for post-closure care. The remaining capacity of the landfill site is estimated at 92,954 cubic meters, which is approximately 16% of the site’s total capacity.
The purchase of the Owl Road landfill site occurred in 2016. Consultants are currently working on the design and operations plan for the site. The capacity of the landfill site is estimated at 90,000 cubic meters. The closure costs are estimated at $3.5 million. The remaining capacity and lifespan of the Owl Road landfill has not been calculated at this time as the City has not utilized any capacity of note since acquisition.
The estimated total expenses for closure and post-closure care of two of the three landfills, in current (2016) dollars, is $20,526,466 (2015 estimate - $20,336,302) with $15,459,392 (2015 - $15,633,532) remaining to be recognized as a liability. At this time the values do not include an estimate of the future liability for the Owl Road landfill.
The City has not provided a reserve to fund future landfill capital expenses as at December 31, 2016. The funding required is provided through current operations.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 80
Page 17 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
9. Liability for remediation of contaminated sites
The City of Kamloops has used the standards contained in Schedule 2 (Industrial and Commercial Purposes and Activities) of the Contaminated Sites Regulation of the British Columbia Environmental Management Act to determine whether a potential liability exists. None of the uses of the parcels identified under Canadian PSAS 3620.05 meet the criteria listed in Schedule 2 of the Contaminated Sites Regulation, and accordingly the City has not recognized any liabilities for remediation of contaminated sites.
10. Deferred Revenue
Balance at Balance at December 31, December 31, 2015 Collected Interest Recognized 2016 General fund: Taxes $ 17,708,221 $ 31,092,379 $ - $ (30,848,890) $ 17,951,710 Leases 39,227 7,790 - (12,934) 34,083 Business licenses 1,001,490 1,028,860 - (1,001,490) 1,028,860 Other 984,855 1,268,979 - (984,855) 1,268,979 $ 19,733,793 $ 33,398,008 $-$ (32,848,169) $ 20,283,632
Development cost charges
$ 7,168,171 $ 3,664,395 $ 150,218 $ (3,233,649) $ 7,749,135
Venture Kamloops Business Development Society
$ - $ 5,000 $ - $ - $ 5,000
$ 26,901,964 $ 37,067,403 $ 150,218 $ (36,081,818) $ 28,037,767
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 81
Page 18 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
11. Long-term debt:
(a) Long-term debt outstanding:
General fund Water fund Sewer fund Total Balance at December 31, 2015 $ 53,430,045 $ 18,216,487 $ 29,655,484 $ 101,302,016 Principal repayments (3,150,424) (1,879,082) (1,874,309) (6,903,815) Actuarial adjustments (1,109,637) (704,809) (196,757) (2,011,203) Debt acquired 25,360,000 3,214,000 5,378,235 33,952,235 Balance at December 31, 2016 $ 74,529,984 $ 18,846,596 $ 32,962,653 $ 126,339,233
Kamloops Airport Authority Society debt included in General Fund balance. Amount outstanding on Dec 31, 2016 was $6,486,797 (2015 - $7,076,178).
(b) Future principal repayment and sinking fund earnings on outstanding borrowings over the next five years and thereafter are as follows:
General fund Water fund Sewer fund Total Principal repayment: 2017 $ 4,104,908 $ 1,990,356 $ 2,133,078 $ 8,228,342 2018 4,055,891 1,692,271 2,088,705 7,836,867 2019 3,823,429 1,644,209 1,981,249 7,448,887 2020 3,823,429 1,658,815 1,981,249 7,463,493 2021 3,795,540 1,461,462 1,948,392 7,205,394 Thereafter: 47,879,423 7,397,518 15,965,234 71,242,175 67,482,620 15,844,631 26,097,907 109,425,158 Sinking fund 7,047,364 3,001,965 6,864,746 16,914,075 earnings $ 74,529,984 $ 18,846,596 $ 32,962,653 $ 126,339,233
Kamloops Airport Authority Society debt included in General Fund - annual principal payment amount is $484,429.
The weighted average interest rate on long-term debt in 2016 was 3.73% (2015 - 3.61%). Consolidated interest expense on long-term debt was $5,118,708 (2015 - $5,089,438).
Sinking fund assets, managed by the Municipal Finance Authority, are used to reduce long term debt to be repaid. In the event that the City does not default under any of its obligations, the sinking fund earnings will be used to offset future principal repayments.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 82 Page 19 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
11. Long-term debt (continued)
(c) Un-issued debt:
The City internally finances certain capital projects pending the issue of long-term debt and/or short-term debt. For budget and financial reporting purposes, borrowed funds received in the current year are applied to advances pending from prior years. A summary of the current year's transactions and cumulative advances pending debenture issue are as follows:
Balance at Capital assets Debt acquired Balance at December 31, purchased December 31, 2015 pending debt 2016 General fund $ 21,247,445 $ 8,912,555 $ (25,360,000) $ 4,800,000 Water fund 2,361,990 852,010 (3,214,000) - Sewer fund 3,055,872 3,232,976 (5,378,235) 910,613 $ 26,665,307 $ 12,997,541 $ (33,952,235) $ 5,710,613
Unused credit facility:
Pursuant to Bylaw No. 16-306, the City was authorized to apply for a credit facility of $6,000,000. The City has an unused demand overdraft facility agreement with TD Commercial Banking. When drawn upon, interest rates will be equal to the bank’s prime rate.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 83
Page 20 City of Kamloops Notes to Financial Statements
December 31, 2016
12. Tangible Capital Assets 2016 Buildings and Vehicles, building machinery and Roads and linear Water Sewer Assets under Land Site improvements improvements equipment assets infrastructure infrastructure construction Total Cost, beginning of year $ 94,373,108 $ 68,033,613 $ 203,539,891 $ 75,270,052 $ 832,001,855 $ 170,362,725 $ 85,219,523 $ 17,700,731 $ 1,546,501,498 Additions 8,627,170 5,701,353 2,285,736 6,721,326 26,218,462 3,483,563 10,155,677 (3,949,875) 59,243,412 Disposals (107,139) - - (5,295,092) (563,941) (5,572) - - (5,971,744) Cost, end of year 102,893,139 73,734,966 205,825,627 76,696,286 857,656,376 173,840,716 95,375,200 13,750,856 1,599,773,166 Accumulated amortization, beginning of year - (39,178,313) (83,762,429) (46,924,126) (162,888,403) (60,798,675) (24,754,621) - (418,306,567) Amortization - (2,827,968) (6,000,572) (5,430,243) (8,452,311) (4,247,496) (1,524,086) - (28,482,676) Disposals - - - 5,018,835 556,581 3,865 - 5,579,281 Adjustments ------Accumulated amortization, end of year - (42,006,281) (89,763,001) (47,335,534) (170,784,133) (65,042,306) (26,278,707) - (441,209,962) Net carrying amount, end of year $ 102,893,139 $ 31,728,685 $ 116,062,626 $ 29,360,752 $ 686,872,243 $ 108,798,410 $ 69,096,493 $ 13,750,856 $ 1,158,563,204
During the year the City received $13,236,166 (2015 - $7,821,792) in land and infrastructure from developers. These contributed tangible capital assets were recorded at fair value at the date of contribution.
No interest was capitalized during the year. There were no write-downs of capital assets during the year.
Page 21
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 84 City of Kamloops Notes to Financial Statements
December 31, 2016
12. Tangible Capital Assets (continued) 2015 Buildings and Vehicles, building machinery and Roads and linear Water Sewer Assets under Land Site improvements improvements equipment assets infrastructure infrastructure construction Total Cost, beginning of year $ 94,135,770 $ 65,781,744 $ 181,135,643 $ 67,973,354 $ 793,198,320 $ 166,949,662 $ 65,818,484 $ 62,793,316 $1,497,786,293 Additions 596,794 2,906,854 22,404,248 8,955,999 41,682,980 3,992,317 19,490,592 (45,092,585) 54,937,199 Disposals (359,456) (654,985) - (1,659,301) (2,879,445) (579,254) (89,553) - (6,221,994) Cost, end of year 94,373,108 68,033,613 203,539,891 75,270,052 832,001,855 170,362,725 85,219,523 17,700,731 1,546,501,498 Accumulated amortization, beginning of year - (36,812,951) (78,111,434) (43,439,040) (155,740,305) (57,355,845) (23,477,077) - (394,936,652) Amortization - (2,727,730) (5,645,745) (5,121,774) (8,821,793) (3,759,642) (1,287,731) - (27,364,415) Disposals - 362,368 (5,250) 1,636,688 1,673,695 316,812 10,187 - 3,994,500 Accumulated amortization, end of year - (39,178,313) (83,762,429) (46,924,126) (162,888,403) (60,798,675) (24,754,621) - (418,306,567) Net carrying amount, end of year $ 94,373,108 $ 28,855,300 $ 119,777,462 $ 28,345,926 $ 669,113,452 $ 109,564,050 $ 60,464,902 17,700,731 $1,128,194,931
Page 22
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 85 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
13. Accumulated Surplus
Balance at Interest income Transfers to Balance at December 31, and contributions operations and December 31, 2015 capital 2016 (a) General fund
Affordable Housing $ 1,112,295 151,931 (15,000) $ 1,249,226 Arts Gallery 464,069 - - 464,069 Arts Legacy 231,115 2,159 - 233,274 Bi-centennial Legacy 374,408 12,685 - 387,093 Canada Games Legacy 568,300 - - 568,300 Climate Action 1,012,182 213,081 (280,418) 944,845 Community Arts 7,999 - - 7,999 Downtown Parking 141,166 - 135,420 276,586 Deferred Operating 2,686,329 917,271 (377,262) 3,226,338 Environmental Grant 30,000 - - 30,000 General Building 112,626 12,934 - 125,560 Heritage Foundation 250,000 20,000 - 270,000 Insurance 672,070 - (7,743) 664,327 Oak Hills Dyke 12,932 - - 12,932 Police Contract 5,660,562 - (672,400) 4,988,162 Return to Work 237,146 - - 237,146 Health Benefit Premiums 517,000 - - 517,000 Solid Waste 3,609,827 1,646,386 (820,069) 4,436,144 Sports Legacy 193,756 1,809 - 195,565 Working Capital 1,545,174 - (13,684) 1,531,490 Youth Legacy 4,331 - - 4,331 2006 BC Summer Games 98,355 918 - 99,273 $ 19,541,642 2,979,174 (2,051,156) $ 20,469,660
Water fund
Deferred Operating 170,162 - (3,636) 166,526
Sewer fund
Deferred Operating 50,000 - 6,500 56,500
Venture Kamloops Business Development Society
Reserve fund 30,000 30,000 - 60,000
$ 19,791,804 3,009,174 (2,048,292) $ 20,752,686
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 86
Page 23 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
13. Accumulated Surplus (continued)
(b) Reserves for capital purposes
Balance at Transfers to Balance at December 31, Interest income operations and December 31, 2015 and contributions capital 2016 Statutory reserves: Tax sale property fund $ 9,474,985 $ 166,445 $ (210,954) $ 9,430,476 Local improvement fund 1,189,398 139,097 - 1,328,495 Debt retirement fund 461,487 5,108 (291,747) 174,848 Parking facility reserve 1,800,646 271,158 (126,223) 1,945,581 Land sale reserve fund 3,330,937 76,457 (105,346) 3,302,048 Equipment replacement fund 21,156,358 5,750,629 (5,762,160) 21,144,827 37,413,811 6,408,894 (6,496,430) 37,326,275 Non-statutory reserves: General fund 7,849,813 2,851,613 (2,373,079) 8,328,347 Community Works fund 6,188,323 3,733,025 (3,333,509) 6,587,839 Water fund 10,059,161 832,089 (1,203,994) 9,687,256 Sewer fund 6,941,510 3,126,737 (3,035,413) 7,032,834 31,038,807 10,543,464 (9,945,995) 31,636,276
Airport capital fund 3,365,536 3,900,121 (3,481,620) 3,784,037
$ 71,818,154 $ 20,852,479 $ (19,924,045) $ 72,746,588
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 87
Page 24 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
13. Accumulated Surplus (continued)
(c) Current funds
2016 2015 General fund
Balance beginning of year $ 8,293,593 $ 8,634,334 Operating surplus for the year 1,357,054 (340,741) 9,650,647 8,293,593 Water fund
Balance beginning of year 3,155,606 2,521,659 Operating surplus for the year 750,659 633,947 3,906,265 3,155,606 Sewer fund
Balance beginning of year 8,338,005 7,157,423 Operating surplus for the year (2,770,073) 1,180,582 5,567,932 8,338,005 Kamloops Airport Authority Society
Balance beginning of year 100,000 409,879 Operating surplus for the year - (309,879) 100,000 100,000 Venture Kamloops Business Development Society
Balance beginning of year 32,460 - Operating surplus for the year 1,675 32,460 34,135 32,460
$ 19,258,979 $ 19,919,664
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 88
Page 25 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
13. Accumulated Surplus (continued)
(d) Capital equity
2016 2015 General fund
Balance beginning of year $ 789,585,417 $ 776,214,149 Net capital equity addition for the year 26,298,346 13,371,268 815,883,763 789,585,417 Water fund
Balance beginning of year 89,326,542 86,295,807 Net capital equity addition for the year 872,827 3,030,735 90,199,369 89,326,542 Sewer fund Balance beginning of year 72,135,562 71,813,999 Net capital equity addition for the year 2,933,450 321,563 75,069,012 72,135,562 Kamloops Airport Authority Society
Balance beginning of year 52,943,215 47,876,161 Net capital equity addition for the year 1,287,047 5,067,054 54,230,262 52,943,215 Venture Kamloops Business Development Society
Balance beginning of year 9,413 15,558 Net capital equity addition for the year 751 (6,145) 10,164 9,413
Capital equity $ 1,035,392,570 $ 1,004,000,149
Total Accumulated Surplus
2016 2015
General fund $ 861,067,893 $ 831,458,788 Water fund 103,959,416 102,711,471 Sewer fund 87,726,278 87,465,077 Statutory reserves 37,326,275 37,413,811 Kamloops Airport Authority Society 58,114,299 56,408,751 Venture Kamloops Business Development 104,299 71,873 Society $ 1,148,298,460 $ 1,115,529,771
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 89 Page 26 City of Kamloops Notes to Financial Statements
December 31, 2016
14. Operating revenues by segment 2016 Fees, rates and Develop levies Investment Private Taxation sales of service utilized Gov't transfers income contributions Total Cemetery $ 86,112 $ 429,454 $-$-$ 44,411 $-$ 559,977 Community Development 1,717,753 3,120,695 - 2,500 - 2,500 4,843,448 Corporate Administration 8,189,108 2,450,917 - 6,557,362 2,396,475 - 19,593,862 Environmental Services 260,280 -----260,280 Fire Services 16,939,966 1,458,804 - 883 - 15,000 18,414,653 Infrastructure 11,535,628 17,854 ----11,553,482 Legislative & Enforcement 3,524,020 2,476,264 ----6,000,284 Parks, Recreation & Cultural Services 21,497,014 6,781,988 - 654,924 72,089 65,519 29,071,534 Police Services 21,716,776 221,909 - 3,181,512 - - 25,120,197 Public Transit 5,544,664 4,442,161 - 7,329,424 - - 17,316,249 Solid Waste Utility 174,100 10,912,937 ----11,087,037 Water Utility - 11,447,405 - - 46,342 - 11,493,747 Sewer Utility - 9,850,574 - - 64,568 - 9,915,142 Kamloops Airport - 2,393,816 - 1,421,470 128,928 - 3,944,214 Venture Kamloops - 4,870 - 50,189 - - 55,059 Non-operating 13,178,015 5,331,301 2,666,964 932,442 1,906,252 22,299,706 46,314,680 $ 104,363,436 $ 61,340,949 $ 2,666,964 $ 20,130,706 $ 4,659,065 $ 22,382,725 $ 215,543,845
Page 27
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 90 City of Kamloops Notes to Financial Statements
December 31, 2016
15. Operating revenues by segment (continued) 2015 Fees, rates and Develop levies Investment Private Taxation sales of service utilized Gov't transfers income contributions Total Cemetery $ 34,123 $ 431,574 $ - $ - $ 43,496 $ - $ 509,193 Community Development 1,228,354 3,270,051 - - - 2,548 4,500,953 Corporate Administration 8,738,321 2,470,780 - 6,336,470 2,328,878 - 19,874,449 Environmental Services 209,550 ----300,000 509,550 Fire Services 17,443,125 1,347,647 - - - 15,000 18,805,772 Infrastructure 12,231,764 9,960 ----12,241,724 Legislative & Enforcement 3,596,722 2,220,446 ----5,817,168 Parks, Recreation & Cultural Services 21,084,653 6,660,768 - 568,248 70,901 74,327 28,458,897 Police Services 20,858,031 9,093 - 3,320,551 - - 24,187,675 Public Transit 5,224,849 4,369,126 - 6,884,887 - - 16,478,862 Solid Waste Utility 217,399 8,569,773 ----8,787,172 Water Utility - 11,382,311 - - 178,129 - 11,560,440 Sewer Utility - 6,946,390 - - 102,440 - 7,048,830 Kamloops Airport - 2,269,931 - 3,645,360 118,804 - 6,034,095 Venture Kamloops - 613 - 186,088 - - 186,701 Non-operating 9,907,196 8,202,328 6,781,829 832,860 2,206,956 8,902,450 36,833,619 $ 100,774,087 $ 58,160,791 $ 6,781,829 $ 21,774,464 $ 5,049,604 $ 9,294,325 $ 201,835,100
Page 28
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 91 City of Kamloops Notes to Financial Statements
December 31, 2016
15. Operating revenues by segment (continued) Fiscal Plan Fees, rates and Develop levies Investment Private Taxation sales of service utilized Gov't transfers income contributions Total Cemetery $ 8,291 $ 482,050 $ - $ - $ 69,000 $ - $ 559,341 Community Development 2,143,237 2,942,200 ----5,085,437 Corporate Administration 22,777,375 2,364,399 - 6,996,795 2,001,000 - 34,139,569 Environmental Services 241,585 -----241,585 Fire Services 16,733,199 1,338,300 ----18,071,499 Infrastructure 10,587,364 13,100 - 650 - - 10,601,114 Legislative & Enforcement 3,576,714 2,304,882 ----5,881,596 Parks, Recreation & Cultural Services 20,070,788 6,779,209 - 586,128 70,630 72,637 27,579,392 Police Services 21,988,086 179,000 - 3,759,961 - - 25,927,047 Public Transit 5,800,533 4,421,398 - 7,026,428 - - 17,248,359 Solid Waste Utility 234,100 10,201,000 ----10,435,100 Water Utility - 15,960,000 - - 99,000 - 16,059,000 Sewer Utility - 9,823,000 730,454 - 105,000 - 10,658,454 Kamloops Airport - 2,340,007 - 1,335,000 45,000 - 3,720,007 Venture Kamloops - 850 - 9,000 - - 9,850 Non-operating ----1,906,251 - 1,906,251 $ 104,161,272 $ 59,149,395 $ 730,454 $ 19,713,962 $ 4,295,881 $ 72,637 $ 188,123,601
Page 29
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 92 City of Kamloops Notes to Financial Statements
December 31, 2016
15. Operating expenses by segment 2016 Loss (Gain) Salaries, Supplies Cross Cost Debt Capital wages and Personnel and other Contracted functional allocated to servicing asset benefits expenses services services services capital costs Amortization disposal Total Cemetery $ 285,116 $ - $ 182,815 $ 17,883 $ 115,937 $ - $ - $ 75,025 $ - $ 676,776 Community Development 5,354,042 73,855 690,475 233,959 (14,199) (1,229,026) - 63,973 7,321 5,180,400 Corporate Administration 8,520,686 370,708 1,584,578 3,252,871 (3,345,981) - 17,788 670,951 - 11,071,601 Environmental Services 200,725 4,228 339,926 49,943 (15,630) - - 16,264 - 595,456 Fire Services 15,790,382 151,765 728,059 392,648 257,456 - 251,424 182,047 - 17,753,781 Infrastructure 10,386,877 120,533 8,548,639 3,051,603 (9,048,193) (1,056,078) 614,485 12,425,067 (274,761) 24,768,172 Legislative & Enforcement 3,440,243 130,151 1,071,804 545,052 369,684 - 48,380 134,273 - 5,739,587 Parks, Recreation & Cultural Services 13,529,607 137,670 7,959,340 3,731,171 3,474,908 (48,000) 1,879,288 5,458,603 6,153 36,128,740 Police Services 3,984,442 49,867 99,438 20,477,041 117,067 - - 62,596 - 24,790,451 Public Transit 16,939 394 147 17,070,350 228,419 - - 15,246 - 17,331,495 Solid Waste Utility 2,284,153 8,438 775,708 4,239,819 2,874,484 - - 122,541 234,305 10,539,448 Water Utility 2,951,097 40,412 3,567,495 564,974 2,329,136 - 1,115,111 4,599,527 1,707 15,169,459 Sewer Utility 1,709,991 36,873 2,581,780 455,811 2,176,169 - 816,286 2,364,215 - 10,141,125 Kamloops Airport - - - 66,222 - - 366,632 1,807,513 (1,701) 2,238,666 Venture Kamloops - - 642,130 - - - - 7,869 - 649,999 Non-operating ------$ 68,454,300 $ 1,124,894 $ 28,772,334 $ 54,149,347 $ (480,743) $ (2,333,104) $ 5,109,394 $ 28,005,710 $ (26,976) $ 182,775,156
Page 30
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 93 City of Kamloops Notes to Financial Statements
December 31, 2016
15. Operating expenses by segment (continued) 2015 Loss (Gain) Salaries, Supplies Cross Cost Debt capital wages and Personnel and other Contracted functional allocated to servicing asset benefits expenses services services services capital costs Amortization disposal Total Cemetery $ 325,634 $ 632 $ 145,820 $ 10,701 $ 98,825 $ - $ - $ 88,220 $ - $ 669,832 Community Development 5,251,041 72,686 500,632 210,715 (47,992) (1,424,421) - 70,975 (333,124) 4,300,512 Corporate Administration 8,269,343 378,889 1,804,771 2,987,174 (2,885,792) (66,744) 18,354 501,345 1,160 11,008,500 Environmental Services 169,758 6,534 6,611 47,087 (14,130) - - 16,017 1,263 233,140 Fire Services 17,817,490 146,981 641,171 359,246 202,954 - 254,389 149,553 2,102 19,573,886 Infrastructure 9,900,867 130,407 8,145,235 3,093,653 (8,048,303) (1,062,957) 588,101 12,593,359 1,203,176 26,543,538 Legislative & Enforcement 3,371,795 124,864 1,028,041 542,563 364,494 - 48,951 208,542 (288) 5,688,962 Parks, Recreation & Cultural Services 13,563,508 109,769 8,255,921 3,391,828 2,980,540 - 1,908,686 5,529,608 114,144 35,854,004 Police Services 3,721,799 40,815 71,531 19,354,383 100,919 - - 50,892 - 23,340,339 Public Transit 76,701 2,981 757 16,171,624 226,799 - - 15,388 - 16,494,250 Solid Waste Utility 2,035,281 9,928 505,819 3,061,911 2,409,839 - - 36,589 - 8,059,367 Water Utility 2,862,655 42,951 3,836,304 700,921 2,212,781 - 1,343,039 4,601,540 262,442 15,862,633 Sewer Utility 1,660,508 35,139 2,398,352 423,924 1,769,431 - 566,419 1,774,562 79,366 8,707,701 Kamloops Airport - - - 40,594 - - 379,656 1,721,679 (11,475) 2,130,454 Venture Kamloops - - 761,466 - - - - 6,145 - 767,611 Non-operating ------$ 69,026,380 $ 1,102,576 $ 28,102,431 $ 50,396,324 $ (629,635) $ (2,554,122) $ 5,107,595 $ 27,364,414 $ 1,318,766 $ 179,234,729
Page 31
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 94 City of Kamloops Notes to Financial Statements
December 31, 2016
15. Operating expenses by segment (continued) Fiscal Plan Loss (Gain) Salaries, Supplies Cross Cost Debt capital wages and Personnel and other Contracted functional allocated to servicing asset benefits expenses services services services capital costs Amortization disposal Total Cemetery $ 271,748 $ - $ 69,888 $ 16,500 $ 127,205 $ - $ - $ - $ - $ 485,341 Community Development 5,864,443 99,620 240,326 214,206 29,118 (1,360,000) - - - 5,087,713 Corporate Administration 8,191,518 443,032 3,017,528 3,003,819 (3,566,980) (41,530) - - - 11,047,387 Environmental Services 213,021 7,103 337,850 33,000 (12,039) - - - - 578,935 Fire Services 15,671,420 139,305 630,387 424,568 273,635 - - - - 17,139,315 Infrastructure 10,709,078 151,450 5,357,257 2,736,339 (8,614,016) (1,992,036) - - (125,000) 8,223,072 Legislative & Enforcement 3,389,137 166,965 1,055,173 472,100 376,753 - - - - 5,460,128 Parks, Recreation & Cultural Services 14,113,954 164,125 6,223,916 3,627,778 3,420,860 (140,058) - - - 27,410,575 Police Services 4,202,354 74,850 58,266 23,661,649 116,806 - - - - 28,113,925 Public Transit 162,465 500 500 16,844,502 240,392 - - - - 17,248,359 Solid Waste Utility 2,327,671 9,953 664,798 3,958,500 2,900,101 - - - - 9,861,023 Water Utility 2,624,138 53,100 2,911,860 658,862 2,757,447 - 1,264,477 - - 10,269,884 Sewer Utility 2,176,374 40,700 1,788,886 778,950 2,104,666 - 731,072 - - 7,620,648 Kamloops Airport - - - 73,500 - - 361,811 1,630,000 - 2,065,311 Venture Kamloops - - 618,321 - - - - 7,869 - 626,190 Non-operating ------$ 69,917,321 $ 1,350,703 $ 22,974,956 $ 56,504,273 $ 153,948 $ (3,533,624) $ 2,357,360 $ 1,637,869 $ (125,000) $ 151,237,806
Page 32
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 95 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
16. Operating transfers by segment
2016 Transfer to Transfer to Transfers to Transfer to (from) (from) (from) (from) other current capital reserves funds funds equity Total Cemetery $-$ 73,198 $-$ (189,997) $ (116,799) Community Development 423,247 - - (760,199) (336,952) Corporate Administration 7,419,046 1,953,072 - (849,857) 8,522,261 Environmental Services (318,912) - - (16,264) (335,176) Fire Services 140,333 792,184 - (271,645) 660,872 Infrastructure - 2,235,977 - (15,450,667) (13,214,690) Legislative & Enforcement 135,419 326,826 - (201,548) 260,697 Parks, Recreation & Cultural Services 193,566 275,000 - (7,525,772) (7,057,206) Police Services 387,990 60,000 - (118,244) 329,746 Public Transit - - - (15,246) (15,246) Solid Waste 997,258 - - (449,669) 547,589 Water Utility 777,029 874,659 - (5,327,400) (3,675,712) Sewer Utility 3,047,185 10,242 - (3,283,410) (225,983) Kamloops Airport Authority Society 418,501 - - 1,287,047 1,705,548 Venture Kamloops 40,295 (627,366) - (7,869) (594,940) Non-operating (11,638,732) (1,810,258) (6,689,334) 66,453,004 46,314,680 $ 2,022,225 $ 4,163,534 $ (6,689,334) $ 33,272,264 $ 32,768,689
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 96
Page 33 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
16. Operating transfers by segment (continued)
2015 Transfer to Transfer to Transfers to Transfer to (from) (from) (from) (from) other current capital reserves funds funds equity Total Cemetery $-$-$-$ (160,639) $ (160,639) Community Development 305,955 286,037 - (391,551) 200,441 Corporate Administration 7,953,828 1,667,816 - (755,695) 8,865,949 Environmental Services 290,850 - - (14,440) 276,410 Fire Services (1,451,025) 792,184 - (109,273) (768,114) Infrastructure (162,568) 2,368,058 - (16,507,304) (14,301,814) Legislative & Enforcement 52,235 300,917 - (224,946) 128,206 Parks, Recreation & Cultural Services 37,190 275,000 - (7,707,297) (7,395,107) Police Services 855,338 60,000 - (68,002) 847,336 Public Transit - - - (15,388) (15,388) Solid Waste Utility 710,402 - - 17,403 727,805 Water Utility 533,537 877,028 - (5,712,758) (4,302,193) Sewer Utility 793,617 21,971 - (2,474,459) (1,658,871) Kamloops Airport (853,534) (309,879) - 5,067,054 3,903,641 Venture Kamloops 40,898 (615,663) - (6,145) (580,910) Non-operating (10,418,661) (4,743,568) 1,344,704 50,651,144 36,833,619 $ (1,311,938) $ 979,901 $ 1,344,704 $ 21,587,704 $ 22,600,371
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 97
Page 34 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
17. Taxation
2016 Fiscal Plan 2016 2015
Real property $ 99,566,000 $ 99,734,075 $ 96,074,257 Special assessments 824,681 823,470 785,321 Utilities 1,463,177 1,463,176 1,413,115 Government transfers in lieu of taxes 2,307,414 2,342,715 2,501,394 104,161,272 104,363,436 100,774,087
Collections for other taxing authorities
Province of British Columbia - school 40,360,003 39,779,106 40,326,518 taxes Thompson-Nicola Regional Hospital 7,791,859 7,901,575 7,785,208 District Thompson-Nicola Regional District 6,107,215 6,169,692 6,102,002
British Columbia Assessment Authority 1,086,637 1,036,238 1,085,731 55,345,714 54,886,611 55,299,459
Payments to other taxing authorities (55,345,714) (54,886,611) (55,299,459) $ 104,161,272 $ 104,363,436 $ 100,774,087
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 98
Page 35 City of Kamloops Notes to the Consolidated FinancialCity of StatementsKamloops Notes to the Consolidated Financial Statements December 31, 2016 December 31, 2016
18. Government transfers 18. Government transfers 2016 Fiscal Plan 2016 2015 General fund 2016 Fiscal Plan 2016 2015 GeneralFederal fund government FederalPolicing government $ 2,354,124 $ 1,826,848 $ 1,909,606 CommunityPolicing Works Fund $3,666,795 2,354,124 $3,666,795 1,826,848 $ 1,909,6063,547,334 Community Works Fund 3,666,795 3,666,795 3,547,334 Provincial government ProvincialTransit government 7,026,428 7,329,424 6,884,887 GamingTransit revenue 3,100,0007,026,428 2,662,4867,329,424 2,553,5856,884,887 VictimsGaming assistancerevenue 3,100,00071,280 2,662,48672,499 2,553,58571,850 TrafficVictims finesassistance 1,154,55771,280 1,092,29672,499 1,154,55771,850 CapitalTraffic finesinfrastructure 1,154,557- 1,092,296932,442 1,154,55788,001 OtherCapital infrastructure 996,778- 421,667932,442 988,33688,001 Other 18,369,962996,778 18,004,457421,667 17,198,156988,336 18,369,962 18,004,457 17,198,156 Water fund Water fund Federal government FederalCommunity government Works Fund - 2,500 - Community Works Fund - 2,500 - Sewer fund Sewer fund Provincial government ProvincialCapital infrastructure government - 652,090 744,860 Capital infrastructure - 652,090 744,860 Kamloops Airport Authority Society Kamloops Airport Authority Society Federal government FederalCapital government infrastructure 1,335,000 1,421,470 3,645,360 Capital infrastructure 1,335,000 1,421,470 3,645,360 Venture Kamloops Business Development Society Venture Kamloops Business Development Society Provincial government ProvincialOther government 9,000 50,189 186,088 Other $ 19,713,9629,000 $ 20,130,70650,189 $ 21,774,464186,088 $ 19,713,962 $ 20,130,706 $ 21,774,464
19. Commitments and Contingencies 19. Commitments and Contingencies (a) The City of Kamloops has entered into various agreements and contracts for services and construction for (a) Theperiods City ranging of Kamloops from one has toentered five years. into various agreements and contracts for services and construction for periods ranging from one to five years. (b) The City of Kamloops, as a member of the Thompson Nicola Regional District, is liable for its proportion of (b)any The operatingCity of Kamloops, deficits oras long-terma member debt of the related Thompson to functions Nicola Regionalin which District,it participates. is liable for its proportion of any operating deficits or long-term debt related to functions in which it participates.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 99 Page 36 Page 36 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
19. Commitments and Contingencies (continued)
(c) The City of Kamloops is a participant in the Municipal Insurance Association of British Columbia. Should the Association pay out claims in excess of premiums received, it is possible the City, along with other participants, would be required to contribute towards the deficit.
(d) The City of Kamloops and its employees contribute to the Municipal Pension Plan (a jointly trusteed pension plan). The board of trustees, representing plan members and employers, is administering the plan, including investment of the assets and administration of benefits. The Plan is a multi-employer defined benefit pension plan. Basic pension benefits provided are based on a formula. As of December 31, 2015, the plan has about 189,000 active members and approximately 85,000 retired members. Active members include approximately 37,000 contributors from local governments.
Every three years, an actuarial valuation is performed to assess the financial position of the plan and adequacy of the plan funding. The actuary determines an appropriate combined employer and member contribution rate to fund the plan. The actuary's calculated contribution rate is based on the entry-age normal cost method, which produces the long-term rate of member and employer contributions sufficient to provide benefits for average future entrants to the plan. This rate is then adjusted to the extent there is amortization of any funding deficit.
The most recent actuarial valuation for the Municipal Pension Plan as at December 31, 2015 indicated a $2,224 million funding surplus for basic pension benefits on a going concern basis.
The City of Kamloops paid $5,558,425 (2015 - $5,870,187) for employer contributions while employees contributed $4,814,356 (2015 - $5,085,429) to the plan in fiscal 2016.
The next valuation will be as at December 31, 2018 with results available in 2019.
Employers participating in the plan record their pension expense as the amount of employer contributions made during the year (defined contribution pension plan accounting). This is because the Plan records accrued liabilities and accrued assets for the plan in aggregate, resulting in no consistent and reliable basis for allocating the obligation, assets and cost to the individual employers participating in the Plan.
(e) From time to time the City of Kamloops is brought forth as defendant in various lawsuits. The City reviews its exposure to any potential litigation for which it would not be covered by insurance and assesses whether a successful claim against the City would materially affect the consolidated financial statements of the City. The City reserves a portion of its operating surplus for future payment of insurance deductibles and payment of claims for which it would not be covered by insurance. The City is currently not aware of any claims brought against it that if not defended successfully would result in a material change to the consolidated financial statements of the City.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 100
Page 37 City of Kamloops Notes to the Consolidated FinancialCity of StatementsKamloops Notes to the Consolidated Financial Statements December 31, 2016
19.December Commitments 31, 2016 and Contingencies (Continued) 19. Commitments and Contingencies (Continued) (f) The City issues certain of its debt instruments through the Municipal Finance Authority. As a condition of these borrowings and as required by legislation, a debt reserve fund is to be established in the amount of (f)one-half The City issuesthe average certain instalment of its debt ofinstruments principal throughand inte therest Municipal as set out Finance in the Authority. agreement(s) As aentered condition into. of Thethese reserve borrowings is funded and as in required part by bycash, legislation, being the a widebtthholding reserve of fund 1% isof tothe be total established issue proceeds, in the amount and the of remainderone-half the being average funded instalment by a demand of principal note whereby and inte therest City as may set beout required in the agreement(s)to loan certain entered amounts into. to theThe Municipalreserve is Finance funded Authority.in part by cash, These being demand the noteswithholding are contingent of 1% of inthe nature total andissue are proceeds, not reflected and the in theremainder accounts being of the funded City. by a demand note whereby the City may be required to loan certain amounts to the Municipal Finance Authority. These demand notes are contingent in nature and are not reflected in the accounts of the City. Contingent Demand Cash Deposits ContingentNotes 2016 2015 Demand General fund $Cash 1,182,195 Deposits $ 3,813,056Notes $ 4,995,2512016 $ 3,109,5102015 Water utility fund General fund $ 1,182,195574,821$ 1,932,6223,813,056 $2,507,443 4,995,251 $ 3,109,5101,896,726 Sewer utility fund Water utility fund 361,493574,821 1,512,7111,932,622 1,874,2042,507,443 1,343,1441,896,726 KamloopsSewer utility Airport fund Authority 361,493 1,512,711 1,874,204 1,343,144 Kamloops Airport 118,899 326,119 445,018 441,785 Authority $ 2,237,408118,899 $ 7,584,508326,119 $ 9,821,916445,018 $ 6,791,165441,785 $ 2,237,408 $ 7,584,508 $ 9,821,916 $ 6,791,165
(g) The Kamloops Airport Authority Society has entered into a lease agreement with Kamloops Airport Ltd. for a forty-five year term ending August 27, 2042. The lease provides for the option to extend the term for a (g) Thefurther Kamloops 20 years. Airport Authority Society has entered into a lease agreement with Kamloops Airport Ltd. for a forty-five year term ending August 27, 2042. The lease provides for the option to extend the term for a further 20 years.
20. Trust Funds The City operates the cemeteries and maintains a cemetery perpetual care fund in accordance with the 20. TrustCremation, Funds Interment and Funeral Services Act. In accordance with PSAB guidelines, the Cemetery Perpetual CareThe City Trust operates Fund is theexcluded cemeteries from theand City'smaintains consolidated a cemetery financial perpetual statements. care fund in accordance with the Cremation, Interment and Funeral Services Act. In accordance with PSAB guidelines, the Cemetery Perpetual Care Trust Fund is excluded from the City's consolidated financial2016 statements. 2015 Financial assets Cash and short-term investments $ 1,829,4542016 $ 1,755,0882015 FinancialAccounts assets receivable 10,541 11,711 Cash and short-term investments $ 1,829,4541,839,995 $ 1,755,0881,766,799 Accounts receivable 10,541 11,711 $ 1,839,995 $ 1,766,799 Accumulated surplus Balance, beginning of the year $ 1,766,799 $ 1,694,353 AccumulatedCare fund contributions surplus 73,196 72,446 Balance,Interest earned beginning of the year $ 1,766,79944,411 $ 1,694,35343,496 CareContribution fund contributions to cemetery operations (73,19644,411) (43,496)72,446 Balance,Interest earned end of the year $ 1,839,99544,411 $ 1,766,79943,496 Contribution to cemetery operations (44,411) (43,496) Balance, end of the year $ 1,839,995 $ 1,766,799
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 101 Page 38
Page 38 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
21. Fiscal Plan The Financial Plan By-law adopted by Council at the time of adoption of the Annual Taxation By-law did not anticipate amortization expense. In addition, some expenses that were classified as capital expenses did not represent new assets or extend the life or service capacity or improve the quality of an existing asset and, therefore, must be added to the operating expenses. These expenses are added to the Financial Plan and presented as the fiscal plan in these Financial Statements as follows:
Amortization and Venture Financial Plan expenses not Kamloops and Bylaw capitalized Kamloops Airport Fiscal Plan Revenue Taxation $ 104,105,629 $ - $ - $ 104,105,629 Development levies utilized ---- Fees, rates and sale of 56,488,665 - 2,340,857 58,829,522 service Government transfers 18,369,962 - 1,344,000 19,713,962 Investment income 4,626,754 - 45,000 4,671,754 Private contributions 72,637 - - 72,637 183,663,647 - 3,729,857 187,393,504 Expenses Cemetery 485,341 189,997 - 675,338 Community development 5,087,713 555,428 - 5,643,141 Corporate administration 14,626,015 698,621 596,866 15,921,502 Environmental services 578,935 17,825 - 596,760 Fire services 17,139,315 271,313 - 17,410,628 Infrastructure maintenance 8,348,072 15,580,380 - 23,928,452 Legislative and enforcement 5,460,128 201,548 - 5,661,676 Parks, recreation and culture 27,410,575 7,527,563 - 34,938,138 Police services 28,113,925 118,244 - 28,232,169 Public transit 17,248,359 15,246 - 17,263,605 Solid waste 9,861,023 215,364 - 10,076,387 Water utility 10,269,884 - - 10,269,884 Sewer utility 7,620,648 - - 7,620,648 Kamloops Airport Authority - - 2,065,311 2,065,311 Venture Kamloops - - 626,190 626,190 152,249,933 25,391,529 3,288,367 180,929,829
Annual surplus 31,413,714 (25,391,529) 441,490 6,463,675
Debt principal repayment (8,325,635) - - (8,325,635) Debt acquired ---- Transfer (to)/from reserves (4,155,330) - - (4,155,330) Transfer (to)/from current funds (4,701,115) - 449,359 (4,251,756) Transfer (to)/from capital equity (17,182,720) 25,391,529 (7,869) 8,200,940 $ (2,951,086) - - $ 14,995,456
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 102 Page 39 City of Kamloops Notes to the Consolidated Financial Statements
December 31, 2016
22. Comparative Figures
The comparative figures have been reclassified to conform with the financial statement format adopted in the current year.
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 103
Page 40 City of Kamloops Schedule 1: Kamloops Airport Authority Society Statement of Financial Position
As at December 31 2016 2015
Financial Assets Cash $ 3,539,158 $ 2,996,728 Accounts receivable 770,101 1,494,291
4,309,259 4,491,019
Liabilities Accounts payable 678,955 1,726,656 Long-term debt 6,486,797 7,076,178
7,165,752 8,802,834
Net debt (2,856,493) (4,311,815)
Non-Financial Assets Prepaid expenses 97,000 97,000 Tangible capital assets 60,873,792 60,623,566
60,970,792 60,720,566
Accumulated Surplus $ 58,114,299 $ 56,408,751
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 104
Page 41 City of Kamloops Schedule 2: Kamloops Airport Authority Society Statement of Operations
Financial Plan For the year ended December 31 2016 2016 2015
Revenue Fees, rates and sales of service $ 2,340,007 $ 2,393,816 $ 2,269,931 Government transfers 1,335,000 1,421,470 3,645,360 Investment income 45,000 128,928 118,804
3,720,007 3,944,214 6,034,095
Expenses Kamloops Airport Authority Society 2,065,311 2,240,367 2,141,929 Gain on disposal of capital assets - (1,701) (11,475)
2,065,311 2,238,666 2,130,454
Increase in accumulated surplus $ 1,654,696 $ 1,705,548 $ 3,903,641
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 105
Page 42 City of Kamloops Schedule 3: Venture Kamloops Business Development Society Statement of Financial Position
As at December 31 2016 2015
Financial Assets Cash $ 138,935 $ 70,353 Accounts receivable 4,517 23,664
143,452 94,017
Liabilities Accounts payable 51,161 39,322 Deferred revenue 5,000 -
56,161 39,322
Net financial assets 87,291 54,695
Non-Financial Assets Prepaid expenses 6,844 7,765 Tangible capital assets 10,164 9,413
17,008 17,178
Accumulated Surplus $ 104,299 $ 71,873
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 106
Page 43 City of Kamloops Schedule 4: Venture Kamloops Business Development Society Statement of Operations
Financial Plan For the year ended December 31 2016 2016 2015
Revenue Fees, rates and sales of service $ 850 $ 4,870 $ 613 Government transfers 9,000 50,189 186,088 Investment income - - - Transfers from other funds 627,366 627,366 615,663
637,216 682,425 802,364
Expenses Venture Kamloops Business Development Society 626,190 649,999 767,611
626,190 649,999 767,611
Increase in accumulated surplus $ 11,026 $ 32,426 $ 34,753
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 107
Page 44 ANNUAL REPORT PHOTOGRAPHY CREDITS Cover Tourism Kamloops | Kelly Funk Page 24 Tourism Kamloops Page 2 Uniquely Inspired Marketing Page 25 Maureen McCurdy Page 9 Pacific Sport Interior BC (Bottom Left) Page 26 City of Kamloops Uniquely Inspired Marketing (Bottom Right) Page 27 City of Kamloops (All) Page 10 City of Kamloops (Bottom) Page 29 City of Kamloops Page 12 Tourism Kamloops | Kelly Funk Page 31 City of Kamloops (Left & Middle) Page 15 Tourism Kamloops | Kelly Funk Uniquely Inspired Marketing (Right) Page 16 BC Wildfire Service (Left) Page 32 City of Kamloops (Bottom Right) Tourism Kamloops | Kelly Funk (Right) Page 34 City of Kamloops Page 18 City of Kamloops Page 36 City of Kamloops Page 19 City of Kamloops Page 62 City of Kamloops Page 20 Graphic Depictions Intelligent Design Page 108 City of Kamloops Page 21 City of Kamloops Back Cover Graphic Depictions Intelligent Design Page 22 City of Kamloops
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 108 IMPORTANT CONTACT INFORMATION FOR THE CITY OF KAMLOOPS
City of Kamloops Bylaw Services 7 Victoria Street West, www.kamloops.ca/bylaws Kamloops, BC, V2C 1A2 Landfill 250-828-3311 www.kamloops.ca/garbage/landfills.shtml [email protected] Tournament Capital Centre www.kamloops.ca www.tournamentcapital.com/tcc.htm Emergencies Bus Schedule and Fares 8:00 am-4:00 pm: Call 250-828-3461 www.busonline.ca/regions/kam/default.cfm After hours: Call 250-372-1710 Venture Kamloops - Economic Development Winter Hours of Operation www.venturekamloops.com Sept-May: 8:30 am-4:30 pm Tourism Kamloops Summer Hours of Operation www.tourismkamloops.com (after May long weekend) May-Sept: 8:00 am-4:00 pm Visitor Centre www.tourismkamloops.ca/KVC Mayor’s Office 250-828-3494 Toll Free: 1-800-662-1994 visit www.kamloops.ca/council Fire 911 City Department List www.kamloops.ca/departments Ambulance 911 Chief Administrative Officer 250-828-3498 RCMP (Bilingual) 560 Battle Street Communications & Community Engagement 250-828-3572 250-828-3000 Corporate Services & Community Safety 250-828-3405 Royal Inland Hospital Development and Engineering Service 250-828-3561 311 Columbia Street 250-374-5111 Finance 250-828-3413 Drive BC Human Resources 250-828-3439 www.drivebc.ca Parks, Recreation, and Cultural Services 250-828-3400 Weather Public Works and Utilities 250-828-3348 www.weather.gc.ca
2016 CITY OF KAMLOOPS ANNUAL REPORT • PAGE 109 City of Kamloops 7 Victoria Street West Kamloops, BC, V2C 1A2 250-828-3311 [email protected] www.kamloops.ca
© 2017 City of Kamloops Produced by Uniquely Inspired Marketing and Graphic Depictions Intelligent Design