CITY OF CAMBRIDGE 2018 ANNUAL REPORT Financial Report & Consolidated Financial Statements CITY OF CAMBRIDGE, ONTARIO, CANADA. FOR FISCAL YEAR ENDED DECEMBER 31, 2018 cambridge.ca CITY OF CAMBRIDGE 2018 ANNUAL REPORT Financial Report & Consolidated Financial Statements For Fiscal Year Ended December 31, 2018 © 2019, City of Cambridge. All Rights Reserved. cambridge.ca Produced by the Corporate Enterprise Department, Office of the City Manager and Corporate Services Department in co-operation with all City departments and divisions. TABLE OF CONTENTS Introduction ................................................................... 2 Cambridge at a Glance ............................................3 Cambridge City Council ....................................4 City Administrative Structure ................................5 Who Does What? Services Overview ..................6 2018 Accomplishments ................................................ 7 People ..........................................................................9 Feature: The Ambassador Team .........................10 Place .......................................................................... 25 Feature: Going Back to The River ..................... 26 Prosperity ................................................................. 43 Feature: Film Industry in Cambridge ...............44 Financial Highlights .................................................... 56 Cambridge Connected Strategic Plan ...................60 Department Overviews ...............................................61 City of Cambridge 2018 Annual Report Cambridge at a Glance A MODERN AND INCLUSIVE CITY PROPERTY VALUES The City of Cambridge was officially The average household formed by the Province of Ontario on assessment value used to calculate property taxes sits at January 1, 1973. $310,200; an attainable choice for Made-up of the former communities of home ownership. Galt, Preston, Hespeler and Blair, the history of this area dates to a far earlier POPULATION period. A 2018 year-end population of Today, Cambridge is a modern, inclusive 135,060 within an estimated city with a rich architectural heritage 49,160 households. providing a window to that past. Economic diversity, natural beauty, WORKFORCE and vibrant culture have helped to Cambridge continues to make Cambridge the second largest build a skilled and diverse community within the fast-growing workforce of 71,880 with over Waterloo Region. 10,853 businesses. LAKE INTERNATIONAL ACCESS HURON BARRIE Just 50 minutes to Toronto Pearson International Airport and minutes to Region of Waterloo International Airport. KITCHENER LAKE TORONTO ONTARIO WATERLOO LOGISTICS CAMBRIDGE HAMILTON Convenient access to Highway BUFFALO 401 for ready access to major LONDON cities throughout Canada and LAKE ERIE the United States. cambridge.ca Page 3 Cambridge City Council BACK ROW LEFT TO RIGHT: COUNCILLOR FRANK MONTEIRO, COUNCILLOR MIKE DEVINE, COUNCILLOR SHANNON ADSHADE, COUNCILLOR NICHOLAS ERMETA, COUNCILOR MIKE MANN, COUNCILLOR JAN LIGGETT. FRONT ROW LEFT TO RIGHT: COUNCILLOR DONNA REID, MAYOR KATHRYN MCGARRY, COUNCILLOR PAM WOLF. GET TO KNOW YOUR 2018-2022 ELECTED COUNCIL The City of Cambridge is governed by an elected Council of nine members: the Mayor and eight Councilors who serve a four-year term. The Mayor and Council are responsible for developing a long-range vision for the future of the community. Council establishes policies that affect the overall operation of the community and are responsive to residents’ needs and wishes. To ensure that these policies are carried out and that the entire community receives equitable service, Council appoints a City Manager who is directly responsible for the City’s administration. Page 4 City of Cambridge 2018 Annual Report City Administrative Structure The Corporate Leadership Team is led by the City Manager and includes the Deputy City Managers of each city department. The Corporate Leadership Team is responsible for implementing the direction set out by City Council, including the KATHRYN MCGARRY provision for high quality, community- MAYOR focused services, overseeing the responsible MAYOR AND COUNCIL and sustainable management of resources and monitoring progress. In recognition of the direction provided by the strategic plan, the Corporate Leadership Team is committed to implementing the goals and objectives outlined under each of the themes People, Place and Prosperity JEFF WILLMER based on the City’s corporate core values of INTERIM CITY MANAGER Integrity, Respect, Inclusiveness and Service. OFFICE OF THE CITY MANAGER Corporate Communications Legal Services DAVE BUSH CHERYL ZAHNLEITER HARDY BROMBERG DEPUTY CITY MANAGER DEPUTY CITY MANAGER DEPUTY CITY MANAGER CORPORATE SERVICES CORPORATE ENTERPRISE COMMUNITY DEVELOPMENT Clerks Services Asset & Project Management Building Services Financial Services Corporate Strategy Engineering & Transportation Fire Services Economic Development Parks, Recreation & Culture Human Resources Risk Management Planning Services Technology Services Service Cambridge Public Works cambridge.ca Page 5 Who Does What? Services Overview UNDERSTANDING MUNICIPAL VS. REGIONAL SERVICES In addition to federal and provincial services, Cambridge residents and businesses receive services from two levels of local government: The City of Cambridge and the Region of Waterloo. Below is an outline of the general services provided by the City and Regional levels of government. CITY OF CAMBRIDGE REGION OF WATERLOO COMMUNITY WELLBEING Accessibility and diversity services, Ambassador PUBLIC HEALTH AND SOCIAL SERVICES Program, animal control, bylaw enforcement, city- Hand-holding-heart Harm reduction and affordable housing. Street-View wide emergency planning, crossing guards, fire services, libraries – Idea Exchange, older adult services, youth programs. GOVERNANCE AND LEADERSHIP REGIONAL POLICE AND EMERGENCY RESPONSE Corporate administration, corporate finance, risk AMBULANCE Paramedic and policing services. Hands-helping management, Service Cambridge, technology services. REGIONAL PLANNING ARTS, CULTURE, HERITAGE AND ARCHITECTURE Pen-nib Environmental and economic development. Palette Arts and culture programs, art centres, heritage conservation, policy planning, special events. WASTE MANAGEMENT AND WATER TREATMENT ENVIRONMENT AND RIVERS WATER Water collection services, water treatment and LEAF Environmental planning, forestry and horticulture wastewater management. services, natural areas, parks, trail maintenance. PARKS AND RECREATION REGIONAL TRANSPORTATION Aquatics, arenas, bike and skate parks, Cambridge Bus Waterloo Region International Airport, Grand BASKETBALL-BALL Farmers’ Market, cemeteries, community centres, River Transit, ION and Regional roads. day camps, playgrounds, pools, recreation programs, splash pads, sports fields. ECONOMIC DEVELOPMENT AND TOURISM Building permits and inspections, business Piggy-Bank attraction and retention, business licensing, employment land development, planning services, tourism promotion, visitor information. TRANSPORTATION AND INFRASTRUCTURE Asset management, engineering services, facilities management, parking management, roads and car-alt winter maintenance, sidewalk maintenance, storm water, street lighting, traffic management, transportation, water and wastewater. Page 6 City of Cambridge 2018 Annual Report 2018 Accomplishments THE 2018 ANNUAL REPORT PROVIDES AN OVERVIEW OF CITY ACCOMPLISHMENTS DURING THE PAST FISCAL YEAR, AS WELL AS A FINANCIAL PORTRAIT. IN ADDITION TO THE DELIVERY OF CORE SERVICES, CITY DEPARTMENTS COMPLETED A VARIETY OF PROJECTS AND SPECIAL INITIATIVES. Three large projects - the Pedestrian Bridge, Fire Stations 6 and the Old Post Office were completed in 2018. Each of these projects had been eagerly anticipated and have already become important parts of the fabric of our community. With the official launch of the Ambassador Team and other community outreach activities, we were extremely focused this year on the well-being of our residents. There is no doubt that initiatives, such as the implementation of the CAMBRIDGE sign and the digital light show outside the Old Post Office, have boosted civic pride. The Economic Development team moved into the Grand Innovations building and we are seeing a great deal of growth in terms of small business and startups; as well as overall investment in general. Our City is expanding rapidly and we are poised to make the most of the future due to sustainable, responsible and financially stable growth. Internally, we implemented a revised corporate structure with a new department of Corporate Enterprise; and focused on employee engagement through a variety of leadership opportunities. As well, we won numerous awards on a variety of initiatives in 2018 on innovative and creative projects, including our online film map; the clean-up app; trenchless technology; the restoration of the centennial fountain, Canadian Award for Financial Reporting and more. The following section provides a more detailed overview of projects, special initiatives and statistics relating to the services and investments made by the City in 2018. Accomplishments are presented by the themes, goals and objectives outlined in the strategic plan: Cambridge Connected: Our Voice. Our Vision. This report provides an overall picture of the corporate progress towards achieving the strategic direction set out by Council. cambridge.ca Page 7 PEOPLE To actively engage, inform and create opportunities for people to participate