DISTRICT OF SPARWOOD Statement of Financial Information for 2015

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1 DISTRICT OF SPARWOOD Statement of Financial Information for 2015 (As required by the Financial Information Act) Page Financial Information Act Approval 2 Management Report See page 1 of the Financial Statements Schedule of Debt See Note 10 of the Financial Statements Schedule of Guarantees and Indemnities Such transactions do not apply to the District. Other contingencies are covered under Note 14 and 19 of the Financial Statements Schedule of Remuneration and Expenses 3 Statement of Severance Agreements There are no severance agreements in this period Schedule of Payments to Suppliers for Goods and Services 4 & 5 Financial Statements for 2015

2 Statement of Financial Information Approval The undersigned, as authorized by the Financial Information Regulation, Schedule 1, subsection 9(2), approves all the statements and schedules included in this Statement of Financial Information, produced under the Financial Information Act. Michele Schalekamp Director of Finance June 27, 2016 Approved by Council: Cal McDougall Mayor June 27, 2016 Page 2

3 Schedule of Remuneration and Expenses for 2015 Elected Officials Payroll Expenses Councillor Baher, J $ 14,495 $ 4,064 Councillor Bowen, C 14,495 4,940 Councillor Halko, L 14,495 6,533 Councillor Jarina, J 14,495 4,508 Councillor Jensen, J 14,495 1,736 Mayor McDougall, C 33,741 12,465 Councillor McKie, M 14,495 4, ,711 39,196 Employees with remuneration over $ 75,000 (Note: "Remuneration" includes taxable benefits such as medical and insurance.) Allen, D 92, Bohmer, M 105,922 2,800 Dwyer, D 122,963 4,122 Isaacs, J 80,257 - Jones, J 101,037 2,414 Lawrence, D 98,768 2,537 Martineau, M 106,986 6,544 Melcer, T 143,217 10,394 Mihalicz, W 77,743 1,513 Nunes, B 111,492 1,303 Peebles, B 80,077 2,285 Spry, D 86,214 10,092 Tanton, S 78,191 - Wight, N 98,115 2,088 1,383,731 46,722 Employees earning under $ 75,000 2,479,713 43,320 Total remuneration, all employees $ 3,984,155 $ 129,238 Reconciliation with financial statements: Less: taxable benefits (60,361) Less: Labour and overhead on capital projects (6,133) Plus: purchased benefits 883,595 Less: Accruals and timing* (196,708) 4,604,548 Labour and overhead reported under Note 16 of the financial statements 4,604,548 Variance $ - * This variance results from timing and allocation differences between cash accounting of the above amounts for the Financial Information Act and accrual accounting for financial statement purposes Page 3

4 Schedule of Payments to Suppliers of Goods and Services For the Year ended December 31, Alberta Ltd. $ 148, BC Ltd. O/A Terry's Janitorial 27,720 AAMDC - BC Division 89,993 Acklands Grainger Inc 28,838 Adams Wooley 31,621 BC Hydro 381,499 BDI Play Designs 105,215 Bearspaw Contracting 37,568 Black Press Group Ltd. 26,902 Blue Imp Recreational Products Of Canada 66,768 Bob Mitchell Excavating Ltd 28,570 Brandt Tractor Ltd 238,227 Cook's Electrical Service (2006) Ltd. 47,662 Copcan Contracting Ltd 1,161,089 EMCO Corporation 41,459 Fortis BC Energy Inc. 120,970 Goldstar Cleaning Services Ltd. 47,502 ICBC 43,852 Interoute Construction Ltd. 483,981 Isosceles Business Systems 81,425 Johnson's Heating ( BCA Ltd) 47,165 Kal Tire 33,083 Martech Electrical Systems 34,686 McElhanney Consulting Services Ltd. 805,622 Mountain Mechanical Services Ltd. 39,501 Municipal Pension Plan - employer Share 301,635 Municipal Insurance Assoc Of BC 50,287 Outwest Building Inspection Consultants 61,896 Pacific Blue Cross 262,332 Receiver General - Employer share CPP and EI 196,701 Regional District Of East Kootenay 31,358 Revenue Services (BCA Medical Plan) 35,171 Smith Jude 45,355 Telus 49,060 Transcendent Mining And Mobilization 649,959 Western Financial Group 84,185 Wolseley Canada Inc 36,329 continued Page 4

5 Schedule of Payments to Suppliers of Goods and Services For the Year ended December 31, 2015 Workers Compensation Board 49,247 YBS Line Painting 25,585 Total suppliers, over $25,000 6,078,437 Elk Valley Seniors Housing Society 800,000 Sparwood And District Chamber of Commerce 63,803 Sparwood Public Library 183,766 Total grants over $25,000 1,047,569 Subtotal 7,126,006 Miscellaneous suppliers, grants under $25,000 1,335,730 Total payments to suppliers of goods and services 8,461,736 Reconciliation with financial statements: Capital tangible assets purchased (4,361,971) Capital financial assets purchased - Own labour in capital projects 6,133 Non cheque capital acquisitions - Non cheque supplies purchased - Equipment charges, non supply portion 364,958 Purchased payroll benefits (883,595) GST input tax credits and rebates (280,908) Accruals and timing* (475,639) 2,830,714 Note 18 of the financial statements Operating goods and services 2,830,714 Variance - * This variance results from timing and allocation differences between cash accounting for reporting under the Financial Information Act and accrual accounting for financial statement purposes Page 5

Town of Ladysmith. Financial Information Act

Town of Ladysmith. Financial Information Act Financial Information Act For the Year Ended December 31, 2012 Financial Information Act For the Year Ended December 31, 2012 Index Approval 3 Management Report 4 Schedule of Remuneration and Expenses