REPORT Finance and Information Technology

Transcription

1 REPORT Finance and Information Technology To: Mayor Coté and Members of Council Date: 6/11/2018 From: Colleen Ponzini, CPA, CGA Acting Chief Financial Officer File: Item #: 253/2018 Subject: 2017 Statement of Financial Information RECOMMENDATION THAT Council receives and approves the attached 2017 Statement of Financial Information. BACKGROUND Each year the City prepares a Statement of Financial Information (SOFI) in accordance with Section 2 of the Financial Information Act (FIA). The SOFI report includes a Schedule of Council Remuneration and Expenses prepared in accordance with Section 168 of the Community Charter. FIA Regulation Schedule 1, Section 9(2) states the SOFI report must be approved by Council and the Financial Officer. The seven attachments to this file make up the Statement of Financial Information. CONCLUSION In accordance with the Financial Information Act and Community Charter, the City is required to prepare and approve the SOFI by June 30 th each year. Therefore it is recommended Council approve the attached 2017 Statement of Financial Information.

2 ATTACHMENTS Attachment #1 - Management Report Attachment #2 - Audited Consolidated Financial Statements Attachment #3 - Statement of Financial Information Approval Attachment #4 - Schedule of Council Remuneration and Expenses Attachment #5 - Schedule of Employee Remuneration and Expenses Attachment #6 - Schedule of Suppliers of Good and Services Attachment #7 - Statement of Severance Agreements Approved for Presentation to Council for Colleen Ponzini, CPA, CGA Acting Chief Financial Officer Lisa Spitale Chief Administrative Officer

3 City of New Westminster Attachment #1 Management Report

4

5 City of New Westminster Attachment #2 Audited Consolidated Financial Statements

6 Consolidated Financial Statements of the CORPORATION OF THE CITY OF NEW WESTMINSTER Year ended December 31, 2017

7 KPMG LLP Metrotower I 4710 Kingsway, Suite 2400 Burnaby, BC V5H 4M2 Canada Telephone (604) Fax (604) INDEPENDENT AUDITORS REPORT To the Mayor and Council We have audited the accompanying consolidated financial statements of the Corporation of the City of New Westminster, which comprise the consolidated statement of financial position as at December 31, 2017, the consolidated statements of operations, change in net financial assets and cash flows for the year then ended, and notes, comprising 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. Auditors 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 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 our 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, we consider 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. KPMG LLP is a Canadian limited liability partnership and a member firm of the KPMG network of independent Member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. KPMG Canada provides services to KPMG LLP.

8 Corporation of the City of New Westminster Page 2 Opinion In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Corporation of the City of New Westminster as at December 31, 2017, and its consolidated results of operations, its consolidated changes in net financial assets, and its consolidated cash flows for the year then ended in accordance with Canadian public sector accounting standards. Chartered Professional Accountants April 30, 2018 Burnaby, Canada

9 CORPORATION OF THE CITY OF NEW WESTMINSTER CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at December 31, FINANCIAL ASSETS Cash and Cash Equivalents (Note 2) $ 13,576,002 $ 10,222,153 Accounts Receivable Property Taxes 3,007,367 2,645,855 Other 43,752,549 43,185,751 Due from Other Governments 4,044,014 11,102,498 Investments (Note 3) 115,510, ,173, ,890, ,330,042 LIABILITIES Accounts Payable 23,707,260 26,456,141 Due to Other Governments 2,322,588 2,606,541 Prepaid Taxes 7,764,916 7,864,560 Deferred Revenue and Deposits 21,184,392 18,490,441 Deferred Development Cost Charges (Note 4) 8,844,449 6,684,350 Employee Benefit Plans (Note 6) 11,485,184 11,425,419 Long-Term Debt (Note 7) 49,859,899 54,656, ,168, ,183,996 NET FINANCIAL ASSETS 54,722,180 50,146,046 NON-FINANCIAL ASSETS Tangible Capital Assets (Note 8) 647,653, ,640,015 Inventory of Supplies 1,805,089 1,353,814 Prepaid Expenses 965,428 1,344, ,423, ,338,463 ACCUMULATED SURPLUS (Note 9) $ 705,145,837 $ 686,484,509 Contingencies (Note 13) Commitments (Note 16) The accompanying notes are an integral part of these consolidated financial statements. Colleen Ponzini, CPA, CGA Acting Chief Financial Officer -. Page 1

10 CORPORATION OF THE CITY OF NEW WESTMINSTER CONSOLIDATED STATEMENT OF OPERATIONS For the Year Ended December 31, Budget (Notes 1(g) and 15) REVENUE Municipal Taxation and Other Levies (Note 11) $ 75,507,853 $ 75,440,673 $ 72,296,897 Utility Rates 76,550,122 79,566,449 73,895,418 Sale of Services 13,670,692 15,341,350 13,926,240 Grants from Other Governments 4,412,540 6,621,642 2,810,033 Contributed Tangible Capital Assets (Note 8(b)) - 1,161, ,390 Contributions 18,468,914 15,578,581 25,061,871 Other Revenue (Note 12) 13,301,934 13,661,662 17,054, ,912, ,371, ,348,782 EXPENSES Police Services 27,679,700 28,091,988 26,968,949 Parks and Recreation 19,703,600 21,699,320 20,772,956 Fire Services 15,156,520 15,380,536 14,010,672 Development Services 4,339,056 4,981,722 4,128,913 Engineering Services 27,932,071 28,754,289 32,727,142 General Government 20,706,304 25,624,009 24,706,790 Library 4,070,649 3,679,777 3,478,985 Utility Operations 57,018,388 60,498,809 57,919, ,606, ,710, ,714,250 ANNUAL SURPLUS 25,305,767 18,661,328 20,634,532 Accumulated Surplus, beginning of year 686,484, ,484, ,849,977 ACCUMULATED SURPLUS, end of year $ 711,790,276 $ 705,145,837 $ 686,484,509 The accompanying notes are an integral part of these consolidated financial statements. Page 2

11 CORPORATION OF THE CITY OF NEW WESTMINSTER CONSOLIDATED STATEMENT OF CHANGE IN NET FINANCIAL ASSETS For the Year Ended December 31, Budget (Notes 1(g) and 15) Annual Surplus $ 25,305,767 $ 18,661,328 $ 20,634,532 Acquisition of Tangible Capital Assets (62,724,270) (35,695,157) (44,391,385) Contribution of Tangible Capital Assets - (1,161,421) (303,390) Proceeds from Disposal of Tangible Capital Assets 2,938, ,333 5,464,891 Amortization of Tangible Capital Assets 22,564,600 21,685,760 20,536,739 Net Loss (Gain) on Disposal of Tangible Capital Assets - 926,360 (3,507,431) (Acquisition) Consumption of Inventory of Supplies - (451,275) 27,501 Acquisition (Consumption) of Prepaid Expenses - 379,206 (149,014) Increase (Decrease) in Net Financial Assets (11,915,903) 4,576,134 (1,687,557) Net Financial Assets, beginning of year 50,146,046 50,146,046 51,833,603 Net Financial Assets, end of year $ 38,230,143 $ 54,722,180 $ 50,146,046 The accompanying notes are an integral part of these consolidated financial statements. Page 3

12 CORPORATION OF THE CITY OF NEW WESTMINSTER CONSOLIDATED STATEMENT OF CASH FLOWS For the Year Ended December 31, CASH PROVIDED (USED) BY: OPERATING ACTIVITIES Annual Surplus $ 18,661,328 $ 20,634,532 Items not involving cash: Amortization 21,685,760 20,536,739 Net Loss (Gain) on Disposal of Tangible Capital Assets 926,360 (3,507,431) Contributed Tangible Capital Assets (1,161,421) (303,390) Change in non-cash operating items: Increase in Accounts Receivable (928,310) (1,310,878) Decrease in Due From Other Governments 7,058,484 5,801,540 (Decrease) Increase in Accounts Payable (2,748,881) 5,740,894 Decrease in Due to Other Governments (283,953) (777,233) Decrease in Prepaid Taxes (99,644) (324,911) Increase in Deferred Revenue 2,693,951 4,638,322 Increase (Decrease) in Employee Benefit Plans 59,765 (17,550) (Increase) Decrease in Inventory of Supplies (451,275) 27,501 Decrease (Increase) in Prepaid Expenses 379,206 (149,014) 45,791,370 50,989,121 FINANCING ACTIVITIES Development Cost Charge Net Receipts (Expenditures) 2,160,099 (7,930,564) Long-Term Debt Repayments (6,121,645) (11,845,777) Proceeds from Issuance of Debt 1,325,000 1,370,000 (2,636,546) (18,406,341) CAPITAL ACTIVITIES Proceeds from Disposal of Tangible Capital Assets 231,333 5,464,891 Cash Used to Acquire Tangible Capital Assets (35,695,157) (44,391,385) (35,463,824) (38,926,494) INVESTING ACTIVITIES Net (Purchase) Sale of Investments (4,337,151) 4,722,695 (4,337,151) 4,722,695 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,353,849 (1,621,019) Cash and Cash Equivalents, beginning of year 10,222,153 11,843,172 CASH AND CASH EQUIVALENTS, end of year $ 13,576,002 $ 10,222,153 The accompanying notes are an integral part of these consolidated financial statements. Page 4

13 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SIGNIFICANT ACCOUNTING POLICIES The Corporation of the City of New Westminster (the City ) is a local government in the Province of British Columbia. The City prepares its consolidated financial statements in accordance with generally accepted accounting principles for local governments as recommended by the Public Sector Accounting Board ( PSAB ) of the Chartered Professional Accountants of Canada. The accounting policies of the City include the following: (a) Basis of Presentation These consolidated financial statements include the accounts of all the funds of the City and the Library and Police Boards. Inter-fund transactions and balances have been eliminated. (b) Cash and Cash Equivalents Cash and cash equivalents consist of cash, highly liquid money market investments and short-term investments with maturities of less than 90 days at acquisition. (c) Investments Bonds are initially recorded at cost, with subsequent annual adjustments to amortize the difference between the acquisition cost and principal at the due date recorded as an addition to or reduction of interest revenue. Bonds include reinvested interest and realized capital gains and losses. Investments in the Municipal Finance Authority of British Columbia ( MFA ) Pooled Investment Funds Intermediate and Bond Funds are recorded at cost plus accrued interest and realized capital gains and losses. Investment income from these funds includes interest earned and capital gains or losses realized in the year. (d) Employee Future Benefits The City and its employees make contributions to the Municipal Pension Plan. These contributions are expensed as incurred. Sick leave and post-employment benefits also accrue to the City s employees. The liabilities related to these benefits are actuarially determined based on service and best estimates of retirement ages and expected future salary and wage increases. The liabilities under these benefits plans are accrued based on projected benefits as the employees render services necessary to earn the future benefits. (e) Deferred Revenue Deferred revenue represents licenses, permits, other fees and grants which have been collected, but for which the related services have not been performed and / or projects have not been constructed. These amounts will be recognized as revenues in the fiscal year the services are performed and / or the projects are constructed. (f) Development Cost Charges Development cost charges are deferred upon receipt and recognized as revenue only to the extent used to finance related capital projects. (g) Budget Budget data presented in these consolidated financial statements is based on the City s Five Year Financial Plan for the years , adopted by Council on March 6, Page 5

14 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SIGNIFICANT ACCOUNTING POLICIES (continued) (h) Government Transfers Restricted transfers from governments are deferred and recognized as revenue as the related expenditures are incurred or the stipulations in the related agreement are met. Unrestricted transfers are recognized as revenue when received or if the amount to be received can be reasonably assured. (i) Non-Financial Assets Non-financial assets are not available to discharge existing liabilities and are held for use in the provision of services. They have useful lives extending beyond the current year and are not intended for sale in the ordinary course of operations. (i) Tangible Capital Assets Tangible capital assets are recorded at cost which includes amounts that are directly attributable to acquisition, construction, development or betterment of the asset. The cost, less residual value, of the tangible capital assets, excluding land, are amortized on a straight line basis over their estimated useful lives as follows: Major Asset Category Building Vehicles and Equipment Park Improvements Engineering Structures Electrical Distribution System Useful Life years 3 50 years 5-80 years years years Annual amortization is charged in the year of acquisition. Assets under construction are not amortized until the asset is available for productive use. (ii) Contributions of Tangible Capital Assets Tangible capital assets received as contributions are recorded at their fair value at the date of receipt and also are recorded as revenue. (iii) Works of Art and Historic Assets Works of art and historic assets are not recorded as assets in these consolidated financial statements. (iv) Natural Resources Horticultural assets such as treed areas, grassy areas and gardens are not recognized as assets in these consolidated financial statements. (v) Interest Capitalization The City does not capitalize interest costs associated with the acquisition or construction of a tangible capital asset. Page 6

15 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SIGNIFICANT ACCOUNTING POLICIES (continued) (i) Non-Financial Assets (continued) (vi) Leased Tangible Capital Assets Leases which transfer substantially all of the benefits and risks incidental to ownership of property are accounted for as leased tangible capital assets. All other leases are accounted for as operating leases and the related payments are charged to expenses as incurred. (vii) Inventory of Supplies Inventories of supplies held for consumption are recorded at the lower of weighted average cost and replacement cost. (viii)prepaid Expenses Prepaid expenses are recorded as assets in these consolidated financial statements. (j) Reserves and Reserve Funds (i) Reserves Set Aside by Council Reserves set aside by Council are surpluses from the current operations to finance future capital and maintenance projects. These internally restricted funds are not available for unrestricted purposes without the approval of Council. (ii) Statutory Reserves Statutory reserves are funds that have been internally restricted by Council. Formal establishing bylaws have been adopted pursuant to the Community Charter, which define how these reserves are to be used. (k) Revenue Recognition Taxation revenue is recorded at the time property tax bills are issued. Restricted contributions are recognized as revenue when the funds have been spent in accordance with the restrictions. Unrestricted contributions are recognized when received and collection is reasonably assured. Utility rates, sale of services and other revenues are recognized when earned. (l) Use of Estimates The preparation of the consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements, and the reported revenue and expenses during the reporting period. Significant areas requiring the use of management estimates relate to the determination of employee benefit plans, allowance for doubtful accounts receivable, provision for contingencies, and useful lives of tangible capital assets. Actual results could differ from management s best estimates as additional information becomes available. Adjustments, if any, will be reflected in the consolidated financial statements in the period that the change in estimate is made, as well as in the period of settlement if the amount is different. (m) Segment Disclosures A segment is defined as a distinguishable activity or group of activities of a government for which it is appropriate to separately report financial information. Page 7

16 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SIGNIFICANT ACCOUNTING POLICIES (continued) (n) Liability for contaminated sites A liability for contaminated sites is recognized when a site is not in productive use and the following criteria are met: (i) An environmental standard exists; (ii) Contamination exceeds the environmental standard; (iii) The City is directly responsible or accepts responsibility; (iv) It is expected that future economic benefits will be given up; and (v) A reasonable estimate of the amount can be made. The liability is recognized as management s estimate of the cost of post-remediation including operation, maintenance and monitoring that are an integral part of the remediation strategy for a contaminated site. 2. CASH AND CASH EQUIVALENTS Cash and cash equivalents include $3,142,242 ( $3,103,258) invested in the MFA Pooled Investment Funds Money Market Fund, which is considered equivalent to cash due to its liquidity. 3. INVESTMENTS Carrying Carrying Value Value MFA - Intermediate Fund, 2017 Fund $ 28,962,870 $ 44,128,608 Yield % ( %) MFA Bond Fund, 2017 Fund 86,548,066 67,045,177 Yield 0.00% ( %) $ 115,510,936 $ 111,173,785 Page 8

17 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, DEFERRED DEVELOPMENT COST CHARGES Balance, Third Party Interest Capital Balance, beginning of year Contributions Allocation Expenses ** end of year Queensborough Drainage $ 2,518,283 $ 28,951 $ 50,366 $ (660,000) $ 1,937,600 Queensborough Transportation * (4,956,941) 162,502 (99,138) 1,325,754 (3,567,823) Queensborough Parkland 765, ,856 15,308 (301,341) 779,233 Queensborough Water 784, , ,496 Queensborough Sanitary 215,145 52,338 4, ,786 Mainland Drainage 227,745 24,797 4, ,097 Mainland Transportation 1,519, ,595 30,388 (222,964) 1,677,442 Mainland Parkland 4,465,936 1,274,535 89,319 (584,956) 5,244,834 Mainland Water 807, ,235 16, ,573 Mainland Sanitary 338, ,335 6, ,211 $ 6,684,350 $ 2,469,918 $ 133,688 $ (443,507) $ 8,844,449 * Development Cost Charge Expenditure Bylaws authorize borrowing from other DCC Reserves to cover the deficit in the Queensborough Transportation DCC Reserve. The other DCC Reserves will be repaid with interest at the earlier of when the funds are required to complete DCC capital works and sufficient Queensborough Transportation DCCs are collected. ** Capital expenses in the Queensborough Transportation DCC of $530,814 are shown net of a one time replenishment of $1,856,568 from City Reserves related to expenses drawn on the DCC Reserve in prior years for Ewen Avenue. 5. PENSION PLAN The City and its employees contribute to the Municipal Pension Plan, a jointly trusteed pension plan. The board of trustees, representing plan members and employers, is responsible for 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 are based on a formula. As at December 31, 2016 the plan has about 193,000 active members and approximately 90,000 retired members. Active members include approximately 38,000 contributors from local governments. Every three years, an actuarial valuation is performed to assess the financial position of the plan and adequacy of 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 may be adjusted for the amortization of any actuarial funding surplus and will be adjusted for the amortization of any unfunded actuarial liability. The most recent valuation for the Municipal Pension Plan as of December 31, 2015 indicated a $2,224 million funding surplus for basic pension benefits on a going concern basis. As a result of the 2015 basic account actuarial valuation surplus and pursuant to the joint trustee agreement, $1,927 million was transferred to the rate stabilization account and $297 million of the surplus ensured the required contribution rates remained unchanged. The City of New Westminster paid $6,998,983 ( $6,476,932) for employer contributions to the plan in fiscal The next valuation will be as at December 31, 2018 with results available in Page 9

18 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, PENSION PLAN (continued) Employers participating in the plan record their pension expense as the amount of employer contributions made during the fiscal 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. 6. EMPLOYEE BENEFIT PLANS The City provides certain post-employment benefits, compensated absences, and termination benefits to its employees. These benefits include accumulated non-vested sick leave and postemployment disability benefits Accrued Benefit Obligation, beginning of year $ 10,855,500 $ 12,091,000 Current service cost 643, ,100 Interest cost 272, ,800 Long term disability expense 101,400 (121,100) Plan Amendment re Firefighters - (892,000) Benefits paid (892,900) (615,600) Actuarial loss (gain) 1,122,200 (500,700) Accrued Benefit Obligation, end of year 12,101,700 10,855,500 Other employee benefit liabilities 48,523 69,219 Unamortized actuarial (loss) gain (665,039) 500,700 Accrued Benefit Liability, end of year $ 11,485,184 $ 11,425,419 Actuarial gains and losses are amortized over the expected average remaining service period of the related employee group commencing the year after the gain or loss arises. A full update to the actuarial valuation of the accrued benefit liability was performed to determine the City s accrued benefit obligation as at December 31, Actuarial assumptions used to determine the City s accrued benefit obligation are as follows: Discount rate 3.00% 3.40% Expected future inflation rate 3.00% 3.00% Expected wage and salary range increases 3.00% % 3.00% % Expected average remaining service period 12 years 11.5 years Page 10

19 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, LONG-TERM DEBT The City receives debt financing through the MFA in accordance with the Community Charter to finance certain capital expenses. Debt is presented net of $24,125,015 of repayments and actuarial adjustments Police Building, Bylaw 6603, 3.00%, due 2024 $ 3,586,559 $ 4,009,690 Moody Park Pool, Bylaw 7209, 5.15%, due ,572,058 2,756,719 Moody Park Pool, Bylaw 7209, 4.50%, due , ,416 Westminster Pier Park Development Bylaw 7377, 3.65%, due 2026 Westminster Pier Park Development Bylaw 7377, 2.00% due 2032 Civic Facilities, Road Maintenance and Park Development Loan Authorization Bylaw 7528 Civic Facilities, Road Maintenance and Park Development Loan Authorization Bylaw 7528, 2.60%, due 2036 New Westminster Substation Loan Authorization Bylaw 7604, 2.20% due 2035 New Westminster Civic Infrastructure Loan Authorization Bylaw 7842, MFA variable rate, due ,177,580 4,563,926 1,499,250 1,599,200-3,625,000 12,047,136 12,500,000 22,969,706 23,900,593 2,695,000 1,370,000 $ 49,859,899 $ 54,656,544 Estimated repayments on long-term debt for the next five years and thereafter are as follows: ,467, ,644, ,741, ,213, ,273,907 Thereafter 33,519,549 $ 49,859,899 Page 11

20 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, TANGIBLE CAPITAL ASSETS COST Assets Engineering Structures Electrical Under Vehicles / Park Engineering Distribution Construction Land Building Equipment Improvements Structures Water Sewer System Total Total Balance, beginning of year $ 9,907,174 $ 199,809,745 $ 159,439,448 $ 36,964,357 $ 75,207,630 $ 213,024,489 $ 50,113,953 $ 88,473,378 $ 76,578,169 $ 909,518,343 $ 876,801,455 Transfers (9,092,282) - 179,138 2,303, ,628 1,714, ,928 1,839,406 1,714, Additions 13,760, , ,497 3,939,278 1,081,032 6,608,042 1,535,463 3,346,100 5,212,885 36,856,578 44,694,775 Disposals - (92,961) - (4,817,697) (1,049,536) (1,870,006) (297,063) (423,911) (219,778) (8,770,952) (11,977,887) Balance, end of year 14,575, ,411, ,297,083 38,389,243 75,889, ,477,175 52,043,281 93,234,973 83,285, ,603, ,518,343 ACCUMULATED AMORTIZATION Balance, beginning of year $ - $ - $ 62,039,577 $ 21,357,067 $ 35,080,194 $ 102,126,263 $ 11,338,217 $ 23,455,428 $ 20,481,582 $ 275,878,328 $ 265,362,016 Amortization - - 5,164,206 3,406,327 2,229,770 6,946, ,690 1,301,966 1,935,166 21,685,760 20,536,739 Disposals (4,424,610) (1,014,832) (1,446,314) (296,922) (321,530) (109,051) (7,613,259) (10,020,427) Balance, end of year ,203,783 20,338,784 36,295, ,626,584 11,742,985 24,435,864 22,307, ,950, ,878,328 NET BOOK VALUE As at December 31, 2017 $ 14,575,173 $ 200,411,784 $ 93,093,300 $ 18,050,459 $ 39,594,622 $ 111,850,591 $ 40,300,296 $ 68,799,109 $ 60,977,806 $ 647,653,140 NET BOOK VALUE As at December 31, 2016 $ 9,907,174 $ 199,809,745 $ 97,399,871 $ 15,607,290 $ 40,127,436 $ 110,898,226 $ 38,775,736 $ 65,017,950 $ 56,096,587 $ 633,640,015 Page 12

21 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, TANGIBLE CAPITAL ASSETS (continued) (a) Assets under construction Assets under construction having a value of $14,575,173 (2016 $9,907,174) have not been amortized. Amortization of these assets will commence when the asset is put into service. (b) Contributed tangible capital assets Contributed capital assets have been recognized at fair market value at the date of contribution. The value of contributed assets received during the year is $1,161,421 (2016 $303,390). (c) Works of art and historic assets The City manages and controls various works of art and non-operational historic assets including buildings, artifacts, painting and sculptures located at City sites and public display areas. These assets are not recorded as tangible capital assets and are not amortized. (d) Write-down of tangible capital assets The write-down of tangible capital assets during the year was $nil ( $nil). Page 13

22 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, ACCUMULATED SURPLUS Accumulated surplus consists of individual fund surplus and reserves and reserve funds as follows: Surplus: Invested in Tangible Capital Assets (a) $ 600,541,533 $ 585,356,764 Invested in Inventory of Supplies 1,805,089 1,353,814 Invested in Prepaid Expenses 965,428 1,344,634 Unrestricted Accumulated Surplus 35, ,500 Reserves: Reserves set aside by Council: Affordable Housing 1,587,214 1,439,875 Childcare Amenity 1,647 34,948 Community Amenity 3,165,061 3,168,143 Community Development 8,232,789 8,727,655 Community Endowment 5,097,386 5,031,751 Computer Replacement 965,364 1,074,549 Environment/Childcare Grants 200, ,000 Equipment Replacement 8,636,971 8,639,319 Facility Maintenance 8,239,014 8,570,643 Facility Replacement 9,164,531 6,579,596 General Amenity 336, ,468 General Fund Provisions 3,221,515 4,194,730 Offstreet Parking Provisions 2,053,362 2,105,988 Public Art 389, ,573 Electrical Fund Provisions 19,884,570 16,653,748 Water Fund Provisions 4,983,329 6,614,902 Sewer Fund Provisions 11,030,525 11,633,669 Solid Waste Fund Provisions (1,125,191) (913,951) Statutory Reserves: Cemetery Reserve 675, ,563 Construction of Municipal Works 11,353,738 9,824,049 Parking Cash in Lieu 1,154,755 1,132,113 Park Land Acquisition 866, ,044 Tax Sale Land 1,684,450 1,651,422 Total Reserves 101,798,356 98,321,797 Total Accumulated Surplus $ 705,145,837 $ 686,484,509 (a) Invested in tangible capital assets is comprised of tangible capital assets of $647,653,140 ( $633,640,015) less net proceeds from debt spent on tangible capital assets of $47,111,607 ( $48,283,251). Page 14

23 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, TRUST FUNDS The Election Surplus, Amateur Sports Promotion and Irving House Bequeaths are not reported in these financial statements. The following is a summary of Trust Fund transactions for the year: Balances, beginning of year $ 357,107 $ 387,275 Interest earned 7,142 4, , ,260 Expenses and Transfers (Net) 6,668 (35,153) Balances, end of year $ 370,917 $ 357, MUNICIPAL TAXATION AND OTHER LEVIES Taxation revenue for general municipal purposes comprises of the following amounts: 2017 % 2016 % Total Taxation and Levies $ 118,131, $ 113,749, Less: Collections on Behalf of Other Governments Regional District 1,043, ,012, BC Assessment Authority 1,076, ,042, Municipal Finance Authority 4,546 < ,620 < 0.01 Province - School 33,906, ,752, South Coast British Columbia Transportation Authority 6,342, ,323, Business Improvement Levies 317, , ,691, ,452, Municipal Taxation and Levies $ 75,440, $ 72,296, OTHER REVENUE Other Revenue includes: Licences, Permits and Fines $ 7,261,815 $ 5,546,086 Interest and Penalties 3,629,656 3,544,063 Loss on Investments (2,330,578) (1,273,236) Gain on Asset Disposals 30,281 4,760,090 Other 5,070,488 4,477,930 Total Other Revenue $ 13,661,662 $ 17,054,933 Page 15

24 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, CONTINGENCIES (a) The loan agreements with the Greater Vancouver Regional District and the MFA provide that, if at any time the scheduled payments provided for in the agreements are not sufficient to meet the Authority s obligations in respect of such borrowing, the resulting deficiency becomes a joint and several liability of the City and the other participants. (b) The City obtains long-term debt instruments through the MFA. The City is also required to execute demand notes in connection with each debenture whereby the City may be required to loan certain amounts to the MFA. The demand notes are contingent in nature and are not reflected in the accounts. Details of the contingent demand notes at December 31, 2017 are as follows: Police Building, Bylaw 6603 $ 233,776 $ 233,776 Moody Park Pool, Bylaw , ,759 Westminster Pier Park, Bylaw , ,681 New Westminster Substation, Bylaw , ,277 Civic Facilities, Road Maintenance and Park Development, Bylaw , ,507 $ 1,352,000 $ 1,352,000 (c) A number of legal claims have been initiated against the City in varying or unspecified amounts. The outcome of these claims cannot reasonably be determined at this time. The amount of loss, if any, arising from these claims will be recorded in the period in which the loss is determined. (d) In 2003, the City experienced a failure of the Stanley Street Pump Station due to design and construction flaws. The City anticipates that the costs incurred for damages, response, remediation and reconstruction will be collected from the City s insurer and other third parties responsible for the original design and construction of the pump station. In 2008, the City settled its claim with its insurer and continues to pursue claims against other third parties. Due to the contingent nature of this amount, no recovery or receivable has been recorded in these financial statements. (e) The City is a shareholder of Emergency Communications for the Southwest British Columbia Incorporated (E-Comm) whose services include: regional call centre for the Greater Vancouver Regional District; Wide Area Radio network; dispatch operations; and records management. The City has one Class A share and one Class B share and the Police Board has one Class A share. There are 29 Class A shares and 23 Class B shares issued and outstanding as at December 31, As a Class A shareholder, the City shares in both funding the future operations and capital obligations of E-Comm (in accordance with a cost sharing formula), including any lease obligations committed to by E-Comm up to the shareholder s withdrawal date. Page 16

25 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, CONTINGENCIES (continued) (f) The City, as a member of the Greater Vancouver Regional District, the Greater Vancouver Sewerage and Drainage District and the Greater Vancouver Water District is jointly and severally liable for the net capital liabilities of these Districts. Any liability which may arise as a result of the above noted contingency will be accounted for in the period in which the required payment is made. (g) In January 2012, the City entered into an operating agreement with BC Hydro for the New Westminster Substation. Under the terms of the agreement, the City would have to reimburse BC Hydro for its transmission system reinforcement costs incurred to provide additional electricity supply to the New Westminster Substation should the City terminate the agreement prior to BC Hydro recovering these costs through future electricity sales. 14. SEGMENTED INFORMATION The City is a diversified municipal government institution that provides a wide range of services to its citizens, including Police Services, Parks and Recreation Services, Cultural Services, Fire and Rescue Services, Development Services, Engineering Services, General Government Services, Library, and Utility Operations which includes Water Supply Services, Electrical Distribution Services, Sewer and Drainage Services, and Solid Waste Services. For management reporting purposes, the City s operations and activities are organized and reported by Service Areas. Service Areas were created for the purpose of recording specific activities to attain certain objectives in accordance with regulations, restrictions and limitations. City Services are provided by departments and their activities are reported in these Service Areas. Departments disclosed in the segmented information, along with the services they provide, are as follows: General Government Services Legislative Services, Administration, Cultural Services, Communications, Finance, Information Technology, Human Resources, Legal Services, Economic Development, Grants in Aid, City Functions, and Strategic Priorities The Departments and Divisions within General Government Services are responsible for adopting bylaws; adopting administrative policy; levying and collecting taxes and utilities; acquiring, disposing and managing City assets; developing and maintaining information technology systems and applications; ensuring effective financial management and communication; administering City grants; managing the Anvil Centre and cultural services; developing an effective labour force; administering collective agreements and payroll; economic development; monitoring and reporting performance; and ensuring that high quality City service standards are met. Police Services The mandate of Police Services is to keep the community safe by enforcing the law, and by preventing and reducing crime. Parks and Recreation Services Parks and Recreation is responsible for providing, facilitating the development of, and maintaining high quality parks, and recreation facilities and programs. Page 17

26 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SEGMENTED INFORMATION (continued) Library Services The New Westminster Public Library is responsible for providing library resources and services to the community. Fire and Rescue Services The mandate of the Fire and Rescue Services is to protect life, property and the environment through the provision of emergency response and planning, inspections, code enforcement and public education, ensuring safety for the public. Development Services Development Services is responsible for preparing land use plans, bylaws and policies for sustainable development of the City, for reviewing and approving new development and building permits and inspections. Engineering Services Engineering Operations and Administration, Cemetery, Parking and Towing Services, Animal Services, Vehicle Fleet Services, Works Yards Engineering Services is responsible for planning, building, operating and maintaining the City s physical infrastructure including roads and sidewalks, civic buildings and facilities. In addition, the divisions provide services for parking, towing, cemetery operations, animal control and fleet services. Utility Operations - Water Supply Services, Electrical Distribution Services, Sewer and Drainage Services, and Solid Waste Services The Water Utility operates and distributes over 8 million cubic meters of drinking water, and maintains water mains and pump stations. The Electrical Distribution Utility is responsible for the distribution of electricity to the City s citizens and businesses. The Sewer and Drainage Utility is responsible for the disposal of sanitary sewage and drainage, as well as the network of sewer mains, storm sewers and pump stations. The Solid Waste Utility is responsible for garbage collection, green waste collection and recycling. Page 18

27 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, SEGMENTED INFORMATION (continued) SEGMENTED REVENUES AND EXPENSES General Government Police Services Parks and Recreation Library Fire Services Development Services Engineering Services Utility Operations Budget REVENUE Municipal Taxation and Other Levies $ 75,440,673 $ - $ - $ - $ - $ - $ - $ - $ 75,440,673 $ 72,296,897 $ 75,507,853 Utility Rates ,566,449 79,566,449 73,895,418 76,550,122 Sale of Services 244,508 4,085,568 5,374,162 84, ,727 14,744 3,860,485 1,343,197 15,341,350 13,926,240 13,670,692 Grants from Other Government 83,782 1,423, , ,212-5,938 1,547,298 3,224,675 6,621,642 2,810,033 4,412,540 Contributed Tangible Capital Assets , , ,340 1,161, ,390 - Contributions 9,140,482-1,300, ,311 1,969,892 3,166,726 15,578,581 25,061,871 18,468,914 Other Revenue 4,703,788 34, ,343 1,142 42,290 5,128,678 2,210, ,905 13,661,662 17,054,933 13,301,934 Total Revenues $ 89,613,233 $ 5,543,484 $ 8,192,859 $ 238,313 $ 376,017 $ 5,150,671 $ 9,920,909 $ 88,336,292 $ 207,371,778 $ 205,348,782 $ 201,912,055 EXPENSES Salaries, Benefits and Training $ 12,951,124 $ 22,319,453 $ 13,134,162 $ 2,790,054 $ 13,650,331 $ 3,754,703 $ 11,901,984 $ 4,642,551 $ 85,144,362 $ 80,849,622 $ 84,219,109 Contracted Services 3,145,337 3,296,464 2,970, , ,475 1,050,502 4,779,961 4,355,118 20,627,243 25,212,842 11,617,711 Supplies and Materials 2,341,677 1,528,820 1,666, , , ,517 3,558, ,116 10,631,900 9,594,006 9,685,556 Interest and Bank Charges 212, , ,857 1,500,446 1,629,258 Cost of Sales 1,237, , ,570,942 1,501,196 1,026,850 Grants 771,842 27, , , , ,000 Insurance and Claims 911, ,222-1,193,921 1,138,717 1,365,814 Utility Purchases and Levies ,347,026 45,347,026 42,373,541 43,606,690 Amortization 3,959, ,655 3,559, , ,764-7,757,276 4,527,811 21,685,761 20,536,739 22,564,300 Loss on Disposals 92,961 64,641 36,097-25, , , ,641 1,252,659 - Total Expenses $ 25,624,009 $ 28,091,988 $ 21,699,320 $ 3,679,777 $ 15,380,536 $ 4,981,722 $ 28,754,289 $ 60,498,809 $ 188,710,450 $ 184,714,250 $ 176,606,288 ANNUAL SURPLUS (DEFICIT) $ 63,989,224 $ (22,548,504) $ (13,506,461) $ (3,441,464) $ (15,004,519) $ 168,949 $ (18,833,380) $ 27,837,483 $ 18,661,328 $ 20,634,532 $ 25,305,767 Page 19

28 CORPORATION OF THE CITY OF NEW WESTMINSTER NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Year Ended December 31, BUDGET DATA The reconciliation of the approved budget to the budget figures reported in these consolidated financial statements is as follows: Total Approved Revenues: $ 204,850,055 Less: Proceeds from Disposals 2,938,000 (Included in Other Revenue) Total Reported Revenues 201,912,055 Total Approved Expenses 176,606,288 Annual Surplus $ 25,305, COMMITMENTS In January 2012, the City entered into an operating agreement with BC Hydro for the New Westminster Substation. The agreement commits the City to reimburse BC Hydro for all costs relating to operating, maintaining and upgrading the substation. The initial term of the agreement was effective until March 31, 2015 with subsequent five-year renewal periods until such time as either party serves written notice of termination at least one year prior to the end of the current five-year term. The term of the agreement has automatically been extended for a further fiveyear period, until March 31, COMPARATIVE FIGURES Certain comparative figures have been reclassified to conform to the presentation adopted for the current year. Page 20

29 CORPORATION OF THE CITY OF NEW WESTMINSTER STATEMENTS OF FINANCIAL POSITION - BY FUND As at December 31, 2017 SUPPLEMENTAL SCHEDULE I (UNAUDITED) General Electrical Water Sewer Solid Waste Fund Utility Fund Utility Fund Utility Fund Utility Fund FINANCIAL ASSETS Cash and Cash Equivalents $ 13,576,002 $ - $ - $ - $ - $ 13,576,002 $ 10,222,153 Accounts Receivable Property Taxes 3,007, ,007,367 2,645,855 Other 32,436,557 9,441, ,095 1,046,744 93,450 43,752,549 43,185,751 Due from Other Governments 4,044, ,044,014 11,102,498 Investments 115,510, ,510, ,173, ,574,876 9,441, ,095 1,046,744 93, ,890, ,330,042 LIABILITIES Accounts Payable 23,581, , ,707,260 26,456,141 Due to Other Governments 2,322, ,322,588 2,606,541 Prepaid Taxes 7,764, ,764,916 7,864,560 Deferred Revenue and Deposits 20,974, , ,184,392 18,490,441 Deferred Development Cost Charges 6,328,381-1,726, ,997-8,844,449 6,684,350 Employee Benefit Plans 11,485, ,485,184 11,425,419 Long-Term Debt 24,480,193 25,379, ,859,899 54,656,544 Due to/(from) Other Funds 31,816,883 (13,948,005) (7,209,815) (11,469,065) 810, ,754,168 11,767,330 (5,483,744) (10,679,068) 810, ,168, ,183,996 NET FINANCIAL ASSETS 39,820,708 (2,325,627) 6,217,839 11,725,812 (716,552) 54,722,180 50,146,046 NON-FINANCIAL ASSETS Tangible Capital Assets 464,495,900 61,829,046 43,360,465 76,214,748 1,752, ,653, ,640,015 Inventory of Supplies 349,394 1,313, ,658 31,134-1,805,089 1,353,814 Prepaid Expenses 965, ,428 1,344, ,810,722 63,142,949 43,471,123 76,245,882 1,752, ,423, ,338,463 ACCUMULATED SURPLUS $ 505,631,430 $ 60,817,322 $ 49,688,962 $ 87,971,694 $ 1,036,429 $ 705,145,837 $ 686,484,509 Page 21

30 CORPORATION OF THE CITY OF NEW WESTMINSTER SUPPLEMENTAL SCHEDULE II (UNAUDITED) STATEMENTS OF OPERATIONS - BY FUND For the Year Ended December 31, 2017 General Electrical Water Sewer Solid Waste Fund Utility Fund Utility Fund Utility Fund Utility Fund Budget REVENUE Municipal Taxation and Other Levies $ 75,440,673 $ - $ - $ - $ - $ 75,440,673 $ 72,296,897 $ 75,507,853 Utility Rates - 47,329,726 11,769,235 17,969,632 2,497,856 79,566,449 73,895,418 76,550,122 Sale of Services 13,998, , , ,059-15,341,350 13,926,240 13,670,692 Grants from Other Governments 3,396, ,224,675-6,621,642 2,810,033 4,412,540 Contributed Tangible Capital Assets 1,028,081-34,060 99,280-1,161, ,390 - Contributions 12,411,856 2,412,053 1, ,234-15,578,581 25,061,871 18,468,914 Other Revenue 12,759,756 9,640 2,800 27, ,299 13,661,662 17,054,933 13,301, ,035,486 49,927,540 12,123,550 22,925,047 3,360, ,371, ,348, ,912,055 EXPENSES Police Services 28,091, ,091,988 26,968,949 27,679,700 Parks and Recreation 21,699, ,699,320 20,772,956 19,703,600 Fire Services 15,380, ,380,536 14,010,672 15,156,520 Development Services 4,981, ,981,722 4,128,913 4,339,056 Engineering Services 28,754, ,754,289 32,727,142 27,932,071 General Government 25,624, ,624,009 24,706,790 20,706,304 Library 3,679, ,679,777 3,478,985 4,070,649 Utility Operations - 38,230,171 7,887,929 11,697,322 2,683,387 60,498,809 57,919,843 57,018, ,211,641 38,230,171 7,887,929 11,697,322 2,683, ,710, ,714, ,606,288 ANNUAL SURPLUS (9,176,155) 11,697,369 4,235,621 11,227, ,768 18,661,328 20,634,532 25,305,767 Interfund Transfers: From Electrical Fund to Current Fund 2,500,000 (2,500,000) From Electrical Fund to Provision for Future Exp. 3,500,000 (3,500,000) From Water/Sewer Funds to Provision for Future Exp. 3,473,843 - (1,364,793) (2,109,050) Other Transfers 2,361, ,866 (880,512) (984,488) (895,346) INCREASE (DECREASE) IN SURPLUS 2,659,168 6,096,235 1,990,316 8,134,187 (218,578) 18,661,328 20,634,532 25,305,767 Accumulated Surplus, beginning of year 502,972,262 54,721,087 47,698,646 79,837,507 1,255, ,484, ,849, ,484,509 ACCUMULATED SURPLUS, end of year $ 505,631,430 $ 60,817,322 $ 49,688,962 $ 87,971,694 $ 1,036,429 $ 705,145,837 $ 686,484,509 $ 711,790,276 Page 22

31 CORPORATION OF THE CITY OF NEW WESTMINSTER CONSOLIDATED STATEMENT OF RESERVES For the Year Ended December 31, 2017 SUPPLEMENTAL SCHEDULE III (UNAUDITED) Transfer Balances, from (to) Third Party Proceeds Transfers Balances, Beginning of Operating and Contributions Interest from For Capital End of Year Trust Funds (Disbursements) Allocation Disposal Expenses Year RESERVES SET ASIDE BY COUNCIL Affordable Housing $ 1,439,875 $ 118,541 $ - $ 28,798 $ - $ - $ 1,587,214 Childcare Amenity 34,948 (34,000) ,647 Community Amenity 3,168,143 (66,445) - 63, ,165,061 Community Development 8,727,655 (2,703,788) 6,809, ,553 - (4,775,454) 8,232,789 Community Endowment 5,031,751 - (35,000) 100, ,097,386 Computer Replacement 1,074, ,964-21,491 - (436,640) 965,364 Environment/Childcare Grants 200,000 (4,000) - 4, ,000 Equipment Replacement 8,639,319 1,754, , ,333 (2,161,347) 8,636,971 Facility Maintenance 8,570,643 1,265, ,413 - (1,768,794) 8,239,014 Facility Replacement 6,579,596 2,512, ,592 - (58,657) 9,164,531 General Amenity 329, , ,057 General Fund Provisions 4,194,730 1,769,154-4,924 - (2,747,293) 3,221,515 Offstreet Parking Provisions 2,105, (52,626) 2,053,362 Public Art 345,573 36,754-6, ,238 Electrical Fund Provisions 16,653,748 3,230, ,884,570 Water Fund Provisions 6,614,902 (1,631,573) ,983,329 Sewer Fund Provisions 11,633,669 (603,144) ,030,525 Solid Waste Fund Provisions (913,951) (211,240) (1,125,191) 84,430,606 5,739,677 6,774, , ,333 (12,000,811) 86,063,382 STATUTORY RESERVES Cemetery Reserve 639,563 35, ,106 Construction of Municipal Works 9,824,049 2,919, ,480 - (1,586,257) 11,353,738 Parking Cash in Lieu 1,132, , ,154,755 Park Land Acquisition 644, ,000-12, ,925 Tax Sale Land 1,651, , ,684,450 13,891,191 3,165, ,031 - (1,586,257) 15,734,974 TOTAL RESERVES $ 98,321,797 $ 8,904,686 $ 6,774,823 $ 1,152,785 $ 231,333 $ (13,587,068) $ 101,798, Budget $ 102,315,000 $ 23,659,000 $ 6,902,000 $ 1,066,000 $ 2,938,000 $ (62,724,000) $ 74,156,000 Page 23

32 City of New Westminster Attachment # 3 Statement of Financial Information Approval

33

34 City of New Westminster Attachment # 4 Schedule of Council Remuneration and Expenses

35 Corporation of the City of New Westminster Schedule of Council Remuneration and Expenses, 2017 Council Member Total Remuneration UBCM / FCM / LMLGA Conferences FCM Committees Other Conferences / Seminars / Training City Sponsored Community Events Other Community Events Cote, Jonathan X. 108,592 3, Harper, William L. 45,601 3, , Johnstone, Patrick 45,646 5, McEvoy, Jaimie 45,646 5, Puchmayr, Chuck 46,556 5,480-1, Trentadue, Mary 45, Williams, Lorrie Rosalie 45,601 5,172 1, , The Financial Information Regulation, Schedule 1, subsection 6 (1) defines expenses as follows: includes travel expenses, membership, tuition, relocation, vehicle leases, extraordinary hiring expenses, registration fees and similar amounts paid directly to an employee, or to a third party on behalf of the employee, and which has not been included in remuneration, is not limited to expenses that are generally perceived as perquisites, or bestowing personal benefit, and may include expenditures required for employees to perform their job functions, and excludes benefits of a general nature applicable to all employees pursuant to an agreement such as medical, dental, counselling, insurance and similar plans.

36 City of New Westminster Attachment #5 Schedule of Employee Remuneration and Expenses

37 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Abel, Sally L 83, ,932 Adamson, Paul N. 107,233 6, ,665 Adler, Markus 80,107-80,107 Allison, Mark 124,258 1, ,570 Aminpour, Amir-Ali 124,297 1, ,261 Armstrong, Tim 180,752 7, ,392 Atherton, Terry 145, ,544 Auer, Christian L 107, ,289 Babcock, Darren M. 78, ,516 Bailey, Glen B 118,539 1, ,760 Bain, Douglas A 82,323-82,323 Baranj, Adam R. 100, ,899 Barranti, Jody D 122, ,250 Basi, Rupinder 97,859 5, ,408 Behl, Jerry 121,313 4, ,137 Beliveau, Gabriel 97,286 4, ,343 Bellemare, Russell 84, ,504 Bergman, Christopher M 122, ,314 Berube, Christian M.J. 93, ,579 Betts, Todd David 75,096 1,151 76,247 Black, Chad 120, ,905 Blore, Stephen C 83,144 1,253 84,397 Booth, Ronald T 130, ,859 Bourdeaud'huy, Jesse A 95, ,711 Breedveld, Mark B 125, ,747 Bremner, Curtis 154, ,521 Brill, Steven 83, ,677 Bruce, Christie R 110, ,214 Buss, Susan M 104, ,304 Buxton, Christopher 79, ,715 Cameron, Michael C. 109,189 6, ,621 Campbell, Ian W 100, ,764 Campbell, Suman Ruby 110,809 5, ,389 Carle, Roderick E 183,166 6, ,172 Carroll, Thomas 108, ,182 Cartwright, Jeffrey P R 121, ,732 Case, Jeffrey W 79,359 1,257 80,616 Chadwick, Renee E 108,688 3, ,910 Cheng, Kenneth 93,677 1,036 94,713 Cho, Christine Michelle 83,982 2,185 86,167 Chok, Alvin K. S. 155,257 5, ,307

38 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Chow, Kanny 119,571 1, ,948 Claffey, Alanna 78, ,580 Clapton, Christopher R 105, ,323 Cole, David 128,748 1, ,314 Cole, Shelley May 75, ,224 Conley, Troi D 121, ,994 Connolly, Norm 106, ,558 Creighton, David W 112, ,791 Cruz, Duglas E 81, ,743 Dalla Pace, Eric P 80,783-80,783 Danielisz, Angela M 77,761 1,847 79,608 Davie, Bradley F 122, ,898 Davis, Kristian A 113,275 1, ,961 Deighton, Kim 123, ,656 Denhoed, Gordon L 126,928 2, ,731 Dick, Robert P 145, ,316 Doan, James 111,316 2, ,466 Dobrescu, C Catalin 120,605 2, ,648 Dodgshon, Greig G 111, ,938 Dosanjh, Jagshinder 78,017-78,017 Doucette, James R. 107,107 1, ,020 Downey, Stephen 95, ,952 Drabyk, Joan M 95,525 1,054 96,578 Duggan, Gordon G. 86, ,968 Dunbar, Alasdair 103, ,231 Dyer, Gillian Daisy 76,635-76,635 Edwards, Donald J 116, ,872 Emanuels, Barton Roger 127, ,241 Eng, Stuart Neil 75, ,509 Faltas, Steven 138,145 5, ,390 Ferguson, Andrew M 77, ,477 Flello, Kelly 76, ,736 Floris, David A 121, ,653 Fong, Richard 182,142 1, ,477 Ford, David E 75,425-75,425 Friesen, Garry Edward 78, ,660 Fryer, Blair Cameron 139,353 7, ,287 Fullerton, Jeff J. 108,588 6, ,430 Fung, Kenny K H 100, ,004 Gambicourt, Drew 98, ,139 Gardiner, Cory T. 107, ,125

39 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Gaudreault, Pierre 164, ,547 Gibson, Colin R 75,160 4,423 79,583 Gibson, Dean 176,335 1, ,616 Gibson, Jan 154, ,618 Gidda, Rana Hardip 100,851 1, ,543 Gill, Jeffery G 134, ,316 Goddard, Neil 85, ,211 Grieve, Beverly 183, ,910 Grossman, Donald D 125, ,415 Guiney, David 87,490-87,490 Habib, George M 108, ,729 Hackl, Edward S 80, ,736 Haight, Jason 129, ,716 Hall, Michael Craig 75, ,809 Halliday, Wesley 75,956 2,111 78,067 Hannula, Arne P 148, ,963 Harkness, Brodie J 130, ,561 Harvey, Todd 87, ,738 Hatch, John 162,397 4, ,497 Hayre, Joga 97, ,616 Heal, Carol Diane 90,756 4,396 95,152 Hebert, Gregory M 94,082 4,376 98,458 Hedayatnassab, Hooman 110,849 1, ,355 Hlina, Kyle 83, ,039 Hockin, Christopher G. 82,443 1,196 83,639 Holowatiuk, Gary 173,920 5, ,063 Hoskin, Brian V 92,480 1,971 94,451 Hudson, Tracey E 93, ,628 Hughes, Heidi 114,049 3, ,018 Hunter, Elizabeth S 77, ,015 Hutton, Jeffrey 80, ,832 Ius, Kathleen T 113, ,345 James, Lynn S 112,975 6, ,549 James, Ryan B 100, ,714 Javens, Dustin 99, ,359 Jecks, Patricia 106,181 2, ,573 Jin, Fan 89,736-89,736 Johnson, Tristan 77, ,707 Jokic, Dan 79,001 1,554 80,555 Jones, Faith A. 83,365-83,365 Joyce, Sarah V. 78, ,603

40 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Jung, Wendy J 77,513-77,513 Karasinski, Gavin 80, ,922 Keen, Randy K 131, ,653 Keith, Leanne 86, ,970 Kellock, Steven M. 127,517 5, ,544 Killawee, Jacqueline 113,544 3, ,400 Kirk, James 90, ,009 Knowles, Hilary S 120, ,869 Knutson, Quinn C 120, ,971 Kovar, Martin 80, ,812 Kragulj, Ruzica 75, ,118 Kula, Kevin C 100, ,025 Laing, Joseph W 141,548 1, ,706 Lakey, Trevor 81, ,235 Lam, Cuong V 83, ,877 Lange, Jason I. 104, ,766 LaRoy, Douglas K 93,737 2,325 96,062 Lasell, Blair 81, ,337 Lau, Daisy S Y 82, ,839 Leahy, Douglas Allan 125,857 1, ,949 Leblanc, Marie Anne Lisa 137,082 4, ,349 Ledoux, Claude E 121, ,357 Leung, Alice Lai-Chow 80,548 2,461 83,009 Lindenbach, Darren M 110, ,041 Lister, Charles A.R. 102, ,869 Loss, Peter O 131, ,832 Lowden, Sean 102, ,409 Lowrie, James 185,756 4, ,449 Luk, King 80,506 1,571 82,077 Lukianchuk, Jennifer 87,363 7,238 94,600 MacInnes, Anthony N 130, ,113 MacLean, Michael 98,072-98,072 Maghera, Hardeep S. 87,324 1,195 88,519 Magno, Susan R 79, ,515 Malcom, Anthony V 130, ,724 Manubay, Celso M 157, ,815 Markos, Binega 96,389 1,818 98,207 Marling, Vali 121,505 1, ,696 Marshall, Lee A 125, ,713 Matson, Dustin R 115,168 1, ,523 Mayer, Bryan 83, ,385

41 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total McCaig, Josh 104, ,869 McClean, Claire 76, ,078 McCullough, Ramon Q 120, ,147 McCullough, Robert Jay 133, ,005 McDonnell, Wendy 104,935 1, ,497 McGillivray, Karin T D 78, ,174 McGuinness, Robyn Lynne 106, ,143 Mereigh, Christy V 116,904 2, ,201 Metchie, Veronika 77,686 1,427 79,112 Mikoda, Kevin 86, ,510 Milaney, Colin G 135,502 1, ,571 Millar, Nancy 85,102 1,446 86,549 Mitchell, David J 102, ,426 Moore, Paul 75, ,142 Morin, Bruno M 110, ,291 Mullard, Darren 108,675 1, ,913 Mulleda, Alfredo C. 110,108 5, ,077 Murray, Dylan K 96, ,862 Nash, Michael A 156, ,023 Nemeth, Paul E 115, ,050 Ng, Cynthia S. 78,648 1,595 80,243 Nielsen, Patricia C 76, ,123 Noma, David 82,814-82,814 Oldale, Tom 93,217 1,184 94,401 O'Malley, Creighton K 112,643 3, ,713 Otieno, George 105,765 1, ,544 Pakulak, Steven E 127, ,066 Papais, Carlo 75,379-75,379 Parsons, Cleone 104, ,869 Paterson, Cory G 101, ,649 Pennell, Tim 129, ,860 Peterson, Merlin L 171, ,981 Petkovic, Miodrag 81, ,735 Phillips, Bruce A 84,844-84,844 Phillips, David M 171,428 2, ,733 Picher, Eric 79, ,142 Piovesan, Dino 80, ,217 Pollard, Karen M 106,790 1, ,862 Ponzini, Colleen 146,772 3, ,104 Poole, Michael S 95,774-95,774 Prodnuk, Matthew T 80, ,472

42 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Puchailo, Randolph R 121, ,314 Reid, Greg S 117, ,675 Rempel, Ashley E 119, ,709 Reppen, Cory 91, ,518 Rode, Steven William 105,822 2, ,834 Romanyk, Jeffrey 114, ,664 Roxburgh, Lynn K 95,846 1,819 97,666 Rutishauser, Marc 124, ,161 Rutledge, Dale A 108, ,655 Samsonoff, Kelly 83,956 4,015 87,971 San, Ryan 102,618 1, ,732 Sandferd, Carie 107, ,400 Sarson, Donald S 99, ,806 Schick, Cory 91, ,018 Schiebler, Jeffrey M 91, ,580 Schlecker, Farron D. 105,397 6, ,754 Schneider, Thomas 128, ,810 Shanks, Duncan A 83, ,973 Sharkey, Joshua 96, ,528 Sherwood, Alexander G. 100, ,828 Shokar, Baljeet S 111,036 1, ,477 Solis, Elixander 81, ,778 Spitale, Lisa M 230,267 5, ,761 Spurrell, Julie 145, ,553 Stark, John H 119,566 2, ,668 Stevens, Mark B 77,313-77,313 Stewart, James D 112, ,187 Stockbruegger, Kevin 76,958-76,958 Stockdale, Luke M 82,109-82,109 Stuber, Randy J 128, ,962 Tannar, Jeffrey E 80,232 5,899 86,130 Teed, Jackie 156,121 6, ,608 Thomson, Erika 108,292 4, ,710 Thorpe, Kevin S. 111, ,447 Topnik, Sean 102, ,819 Torget, Scott D 143, ,827 Tougas, Trevor 103, ,535 Trasolini, Stephanie T 82,570 1,413 83,983 Tremblett, Ryan 90, ,492 Tyler, Jason R. 107,209 1, ,863 Vanderspek, Robert W 85, ,511

43 Employee Name Corporation of the City of New Westminster Schedule of Employee Remuneration and Expenses (>$75,000), 2017 Remuneration City Business Expenses Total Wang, Ling 105,796 5, ,714 Wat, Eugene 146,401 2, ,220 Watkins, Erin 90,403 3,882 94,285 Watson, Michael 83,176 2,339 85,514 Wells, Christopher 84, ,779 Werbovetski, Wayne 130, ,512 Westlund, Eric 126, ,030 Westra, John 93, ,874 Whiteley, Keith G 110,063 3, ,163 Williams, Erin G 149,162 2, ,050 Wilson, Mark C 127,567 2, ,351 Wilson-Roberts, Jennifer 84, ,220 Wishlove, Vernon James 164,039 4, ,143 Wolgram, Jeffrey R. 100, ,966 Yang, Duo 88,755 2,325 91,080 Young, Jonathan 106,722 2, ,832 Zelter, Bruce A 148,973 2, ,509 Zimmermann, Jay 103, ,787 Ziraldo, Jeannie 106,444 1, ,573 Subtotal Employees > $75,000 $ 28,469,814 $ 359,895 $ 28,829,709 Subtotal All Other Excluding Sworn Police $ 25,883,670 $ 150,369 $ 26,034,039 Total $ 54,353,484 $ 510,264 $ 54,863,748

44 City of New Westminster Attachment #6 Schedule of Supplies of Goods and Services

45 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount AARDVARK PAVEMENT MARKING SERVICES 144,527 ACCURATE ALARMS LTD 29,604 ACKLANDS GRAINGER ANNACIS ISLAND 36,905 ACTIVE NETWORK LTD 29,849 ACUMEN ENGINEERING LTD 58,113 ADVANTAGE ASSET TRACKING 30,695 ADVISORY NORTH PROFESSIONAL SERVICES 49,350 AE CONCRETE PRODUCTS INC 106,302 AECOM CANADA LTD 86,251 ALEXANDER HOLBURN BEAUDIN LANG LLP 42,741 ALLIED READY MIX CONCRETE LTD 38,027 ALLSTREAM BUSINESS INC 98,191 ALLTECK LINE CONTRACTOR INC 618,589 AMAZON MARKETPLCE 33,035 AMEC FOSTER WHEELER AMERICAS LIMITED 179,609 APLIN AND MARTIN CONSULTANTS LTD 154,236 APTEAN TEMPEST DEVELOPMENT GROUP 169,314 ASSOCIATED FIRE SAFETY EQUIPMENT 40,933 ASTECH CONSULTANTS LTD 53,046 BADGER DAYLIGHTING LP 196,134 BADGER EARTHWORKS 43,953 BAKER AND TAYLOR INC ATLANTA 113,237 BALANCE INDUSTRIES 94,665 BALL SUPERIOR LTD 31,328 BARNES WHEATON GMC LTD 57,745 BARTLETT TREE EXPERTS 74,267 BAY HILL CONTRACTING LTD 1,267,980 BC EARTH EXCHANGE 41,921 BC HYDRO 31,335,262 BC LIBRARIES COOPERATIVE 75,631 BC PENSION CORPORATION 6,998,983 BD HALL CONSTRUCTORS CORP 4,321,315 BELL MOBILITY 156,179 BENEVITY INC 44,850 BIBLIOTHECA CANADA INC 27,339 BIRDSEYE OFFICE INC 49,800 BLACKBERRY LIMITED 66,886 BLACKSTONE LAW CORPORATION 148,142 BLUE PINE ENTERPRISES LTD 51,274 BORTOLO AND SONS PAVING CO LTD. 160,133 BOSTON CONSTRUCTION CORP 29,350 BOYDEN VANCOUVER 55,453 BRIERE PRODUCTION GROUP INC 130,461 BRINKS CANADA LTD CALGARY 54,726 BROADWAY REFRIGERATION & AIR 192,927 BROADWAY ROOFING CO LTD 64,718 BROWN CRAWSHAW INC 54,246 BURGESS, JOAN 80,320

46 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount BURNABY NEW WESTMINSTER 73,720 BUSH BOHLMAN AND PARTNERS 83,182 CANADIAN ELECTRIC VEHICLES LTD 41,727 CANADIAN LANDSCAPE AND CIVIL SERVICES 54,508 CANADIAN LINEN AND UNIFORM SVC CO 26,024 CANADIAN NATIONAL 81,682 CANADIAN PACIFIC RAILWAY CO 131,003 CANDRONE 44,760 CARTEL COMMUNICATION SYSTEMS INC. 28,752 CASCADIA ENERGY LTD 255,587 CEDAR CREST LANDS BC LTD 676,224 CHARTER TELECOM INC 58,840 CHASE PAYMENTECH 254,251 CHERNOFF THOMPSON ARCHITECTS 172,955 CHROMA PAINTING JASON STATLER 27,274 CINTAS 75,084 CITY OF VANCOUVER 73,663 CLAYMORE CLOTHES LTD 26,401 CLEARESULT CANADA INC. 79,711 CLEARTECH INDUSTRIES INC 49,089 COBRA ELECTRIC 34,000 COCA-COLA REFRESHMENTS CANADA 26,793 COLE HARTLEY CONSTRUCTION 26,641 COLLIERS MACAULAY NICOLLS INC 33,773 COMMERCIAL AQUATIC SUPPLIES 60,574 COMMERCIAL LIGHTING PRODUCTS LTD 52,254 COMMERCIAL TRUCK EQUIPMENT CO 176,852 COMMISSIONAIRES BC 278,647 COMMUNITYIMPACT CONSULTING 51,542 CORIOLIS CONSULTING CORP 27,321 COSTCO WHOLESALE 26,609 COURTESY DRY CLEANERS 26,273 CPS (CANADA) INC 71,049 CREATIVE ENGINE BRAND STRATEGY LTD 51,901 CREATIVE TRANSPORTATION SOLUTIONS LTD 81,362 CROWN CONTRACTING LTD 49,166 CVS MIDWEST TAPE LLC 38,781 DAKOTA RECLAMATORS LTD 428,549 DAVEY TREE EXPERT CO OF CANADA, LIMITED 72,386 DAVID NORMAN ARCHITECT INC 191,789 DELOITTE MANAGEMENT SERVICES LP 27,582 DERAMORE CONSTRUCTION SERVICES INC 823,528 DESIGN ROOFING 81,816 DIALOG BC INC. 97,710 DIGITAL POSTAGE 330,750 DINESEN NURSERIES LTD 54,883 DONALD LUXTON AND ASSOCIATES INC 68,998 DOUGNESS HOLDINGS LTD 91,163

47 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount DS TACTICAL 269,648 EAGLE VALLEY EXCAVATING INC 31,170 EAGLE WEST TRUCK AND CRANE INC 40,646 EARTH CO UNDERGROUND (2012) LTD 495,390 EARTHBITAT ENGINEERING INC 34,493 ECOLIGHTEN ENERGY SOLUTIONS 76,352 E-COMM EMERGENCY COMMUNICATIONS 2,191,328 ECS ELECTRICAL CABLE SUPPLY LTD 94,415 EECOL ELECTRIC CORP 711,164 EKSET EXCAVATIONS AND SHORING LTD 56,990 ENERSYS CANADA INC 37,081 ENVIRO VAC 28,819 ENVIROGREEN TECHNOLOGIES LTD 459,675 ESC AUTOMATION INC 97,033 ESRI CANADA LTD 48,124 EXP SERVICES INC 55,819 FALCON EQUIPMENT LTD 48,806 FIBERNET SERVICES LTD 43,927 FINNING (CANADA) 28,325 FIRST TRUCK CENTRE VANCOUVER INC 180,957 FLOCOR INC 26,632 FORESHORE EQUIPMENT & SUPPLY 25,117 FORTISBC 223,970 FORTRAN TRAFFIC SYSTEMS LTD 166,294 FRASER RIVER PILE & DREDGE (GP) INC 25,595 FRASER VALLEY EQUIPMENT LTD 33,836 FRASERSIDE COMMUNITY SERVICES SOCIETY 33,039 FRED THOMPSON CONTRACTORS (1991) LTD. 249,120 FRICIA CONSTRUCTION INC. 390,118 FRONTIER POWER PRODUCTS LTD 29,280 G&T Don Mills 111,043 GALACTIC ENTERTAINMENT 29,548 GCL CONTRACTING AND ENGINEERING INC 539,732 GO4OBJECTIVES LTD. 134,426 GOLDER ASSOCIATES LTD 151,359 GOODBYE GRAFFITI BURNABY-MISSION 74,090 GORDON FOOD SERVICE CAN. LTD 159,773 GOTRAFFIC MANAGEMENT INC 366,167 GREAT NORTHERN ENGINEERING CONSULTANTS 230,322 GREATER VANCOUVER S AND D DISTRICT 8,181,978 GREATER VANCOUVER WATER DISTRICT 5,855,129 GREGG DISTRIBUTORS BC LTD 141,337 GUILLEVIN INTERNATIONAL 116,138 HALLWOOD MILHAM TECHNOLOGIES 43,505 HANLEY AGENCIES LTD 70,252 HARRIS COMPUTER SYSTEMS 189,842 HARVEST FRASER RICHMOND ORGANICS LTD 395,890 HATCH CORPORATION 41,434

48 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount HCMA ARCHITECTURE + DESIGN 61,589 HEMLOCK PRINTERS LTD 42,917 HENRY'S 27,753 HI-LITE TRUCK ACCESSORIES LTD 30,453 HOULE ELECTRIC LTD 126,033 HUB FIRE ENGINES AND EQUIPMENT LTD 25,177 HUIZENGA, CHRISTIAN & AARON 44,400 HYACK INTERACTIVE 31,846 ICBC 387,533 IMPERIAL PARKING CANADA CORPORATION 291,352 INDUSTRIAL ALLIANCE 125,009 INLINE SALES AND SERVICE LTD 117,065 INSITUFORM TECHNOLOGIES LIMITED 83,442 INTEGRAL GROUP CONSULTING (BC) LLP 64,785 INTERPROVINCIAL TRAFFIC SERVICES LTD 118,286 IREDALE GROUP ARCHITECTURE LTD 29,791 ISL ENGINEERING AND LAND SERVICES LTD 351,998 IT BLUEPRINT SOLUTIONS CONSULTING INC 40,648 J COTE AND SON EXCAVATING LTD 280,345 JACK CEWE LTD 5,014,408 JADE WEST ENGINEERING CO LTD 84,569 JMP LANDSCAPING & CITYSCAPE SOLUTIONS IN 119,380 JOHN TALBOT AND ASSOCIATES INC 51,542 JOHNSON CONTROLS LP 103,154 KAL TIRE 152,794 KAMBO SOFTWARE CONSULTING LTD 66,663 KERR WOOD LEIDAL ASSOCIATES LTD 221,836 KONE INC 98,798 KONICA MINOLTA BUSINESS SOLUTIONS CANADA 337,427 KPMG LLP 41,475 KRONOS CANADIAN SYSTEMS INC. 56,319 LAFARGE ASPHALT TECHNOLOGIES 464,882 LANARC 2015 CONSULTANTS LTD 36,349 LED ROADWAY LIGHTING 102,017 LIBRARY BOUND INC 31,220 LINCOR ENTERPRISES LTD 28,556 LINESTAR UTILITY SUPPLY INC 61,419 LLOYD LIBKE LAW ENFORCEMENT SALES INC 33,642 LTS INFRASTRUCTURE SERVICES LP 43,718 LUMCA INC 35,984 MACDONALD & LAWRENCE TIMBER FRAMING LTD 87,945 MAINLAND CONSTRUCTION MATERIALS ULC 91,283 MAINROAD LOWER MAINLAND CONTRACTING LTD 44,113 MAINROAD MAINTENANCE PRODUCTS 104,176 MANULIFE 89,709 MASSEY THEATRE SOCIETY 232,896 MCELHANNEY CONSULTING SERVICES LTD 332,217 MCRAES ENVIRONMENTAL SERVICES LTD 265,461

49 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount MD CHARLTON CO LTD 35,255 MEDICAL SERVICES PLAN 768,839 MERTIN NISSAN LTD 31,188 METRO MOTORS LTD. 172,849 MICROSERVE 175,936 MICROSOFT CORPORATION 228,925 MILLER TECH ELECTRIC LTD 48,977 MITCHELL GRAHAM 25,576 MUSE ATELIER ART AND ARCHITECTURE INC 146,300 NUCOR ENVIRONMENTAL SOLUTIONS LTD 45,015 NUWEST CONTRACTING LTD 88,288 OCCUMED CONSULTING INC. 33,779 OPEN TEXT CORP 79,483 OPUS DAYTONKNIGHT CONSULTANTS LTD 66,612 ORACLE CANADA ULC 130,442 OTIS CANADA INC 27,726 OVERHEAD DOOR CO 28,611 PACIFIC BLUE CROSS 1,904,094 PACIFIC RESTORATIONS (1994) LTD 49,321 PANAGO ENTERPRISES LTD 40,640 PARKLAND REFINIING (BC) LTD 661,779 PERFECTMIND PERFECT MIND 137,640 PERKINS+WILL CANADA ARCHITECTS CO 93,807 PHOENIX GLASS 1992 INC 33,432 PLAN GROUP INC 26,563 POLO SECURITY SERVICES LTD 102,949 PONTE BROS CONTRACTING LTD 394,263 POTTINGER GAHERTY ENVIRONMENTAL 167,185 PRAIRIECOAST EQUIPMENT INC 79,790 PRIMECORP 131,865 PRISM PRINTING AND DIGITAL CENTRE 55,611 PROACTIVE CONSTRUCTION LIMITED 627,524 PROPER DESIGN 29,434 PUBLIC LIBRARY INTERLINK 49,457 PUBLIC SECTOR DIGEST, THE 112,289 PW TRENCHLESS CONSTRUCTION INC 978,122 PWL PARTNERSHIP LANDSCAPE ARCHITECTS INC 84,351 QUEENS TOWNHOMES LTD 73,753 RDM ENTERPRISES LTD 116,202 REAL CDN. WHOLESALE #6 25,544 RECEIVER GENERAL FOR CANADA 1,311,277 RECEIVER GENERAL FOR CANADA - RCMP 31,486 RECEIVER GENERAL FOR CANADA (PAYROLL) 2,995,624 RENGER, ROBERT 46,069 RIMA ENVIRONMENTAL CONSULTING INC 449,731 RITEWAY TREE SERVICE LTD 130,470 ROCKY MOUNTAIN PHOENIX 26,678 ROCKY POINT ENGINEERING LTD 47,040

50 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount ROLLINS MACHINERY LTD 1,135,408 ROPER GREYELL 124,093 ROYAL BANK OF CANADA 49,835 ROYAL PRINTERS LTD 50,697 RUSSELL HENDRIX FOODSERVICE EQUIPMENT 33,294 SANDPIPER CONTRACTING LTD 2,985,340 SCHNEIDER ELECTRIC CANADA INC 83,574 SCHOOL DISTRICT #40 (NEW WESTMINSTER) 115,323 SCOTIA BANK 50,723 SCP DISTRIBUTORS INC, CANADA 33,103 SHAW BUSINESS 47,544 SHIELD EHS SOLUTIONS LTD 30,302 SIRSIDYNIX 30,128 SMITHS DETECTION MONTREAL INC 40,354 SNC-LAVALIN INC., ENVIRONMENT & WATER DI 26,346 SOFTCHOICE LP 213,197 SOKOL, BOB 26,644 SOUTHERN RAILWAY OF BC LTD 220,340 SPIETH-ANDERSON INTERNATIONAL INC. 76,842 STAK FITNESS 45,802 STANLEY CONVERGENT SECURITY SOLUTIONS 58,779 STAPLES ADVANTAGE dba CORPORATE EXPRESS 65,786 STAR SIGNAGE & PACIFICOAST LABELS INC 25,689 STEELGUARD FENCE LTD 48,500 SUPERIOR CITY SERVICES LTD 107,494 SUPERIOR PROPANE 55,045 SUTTON ROAD MARKING LTD 53,385 TARGA CONTRACTING LTD 4,545,669 TECHNOCARB EQUIPMENT (2004) LTD 51,102 TELUS REGULAR CITY BILLS 71,553 TELUS COMMUNICATIONS INC 60,480 TELUS MOBILITY 120,993 TERASPAN NETWORKS INC 499,080 TERRALINK HORTICULTURE INC 32,794 TERVITA CORPORATION 25,342 TEXCAN 57,161 TFORCE FINAL MILE (660) 25,907 TGK IRRIGATION 152,706 THE HOME DEPOT 38,752 THE RECORD (NEW WESTMINSTER) 103,485 TIP TOP DRY CLEANING AND ALTERATION 50,667 TRANSLINK 252,941 TRIBUS SERVICES INC 512,742 TRUFFLES FINE FOODS 958,968 TURNING POINT TECHNOLOGY SERVICES INC 77,140 UNICORN SECURITY SERVICES INC 74,429 UNITED LIBRARY SERVICES INC. 81,261 UPTIME INDUSTRIAL INC 329,702

51 Corporation of the City of New Westminster Schedule of Suppliers of Goods or Services (>$25,000), 2017 Supplier Name Amount URBAN COMMUNICATIONS INC 36,013 URBAN IMPACT FORMERLY BEST RECYCLING 36,229 VALLEY TRAFFIC SYSTEMS INC 31,702 VALMONT WEST COAST ENGINEERING 25,259 VAN KEL IRRIGATION 29,894 VANCOUVER CIRCUS SCHOOL INC 42,286 VANE LAWN AND GARDEN SERVICES 1981 LTD 55,892 WASTE MANAGEMENT OF CANADA CORPORATION 795,509 WATT CONSULTING GROUP 25,423 WBM TECHNOLOGIES INC 32,788 WEB ENGINEERING LTD 225,557 WEDLER ENGINEERING LLP 275,609 WESCAN DISPOSAL LTD 75,630 WESCO DISTRIBUTION CANADA INC 26,713 WEST COAST GROUTING LTD 25,995 WEST SHORE CONSTRUCTORS LTD 1,754,629 WESTERN PACIFIC MARINE LTD 31,617 WFR WHOLESALE FIRE & RESCUE LTD 53,465 WHITEHOTS INC. 27,908 WHITESPOT SERVICE LTD DBA MORREY NISSAN 27,578 WIGGINS ADJUSTMENTS LTD 28,871 WILLIS CANADA INC VANCOUVER 918,558 WINVAN PAVING LTD 716,207 WMW PUBLIC COMMUNICATIONS INC 42,370 WOOD WYANT INC 219,215 WORKSAFE BC 1,475,747 WORLEYPARSONS CANADA SERVICES LTD 25,078 WSP CANADA INC 88,982 XEROX CANADA LTD 64,394 XYLEM CANADA COMPANY 52,836 YELLOWRIDGE CONSTRUCTION LTD 85,721 YOUNG ANDERSON 848,716 Total aggregate amount paid to suppliers exceeding $25,000 $ 122,801,800 Consolidated total paid to suppliers with aggregate of $25,000 or less $ 7,862,476 Consolidated grants and contributions with aggregate exceeding $25,000 $ 501,300 Grand Total $ 131,165,576

52 City of New Westminster Attachment #7 Statement of Severance Agreements

53