District of Coldstream

Transcription

1 District of Coldstream Annual Report 2016 For the Fiscal Year Ended December 31, 2016 Coldstream, British Columbia, Canada0

2 District of Coldstream Annual Report 2016 For the Fiscal Year Ended Prepared by the District of Coldstream Finance Department Coldstream, British Columbia, Canada December 31, 2016

3 Table of Contents 1-12 INTRODUCTORY SECTION 2 Welcome to Coldstream 3 District of Coldstream Council 4 Mayor s Message 5 Corporate Vision 6 Committees, Boards and Commissions 7 Message from the Chief Administrative Officer 8-9 Message from the Chief Financial Officer 10 Municipal Services and Operations Strategic Priorities Strategic Priorities DEPARTMENT OVERVIEWS 13 Corporate Administration 14 Financial Administration Infrastructure Services Development Services Protective Services FINANCIAL SECTION Financial Statements 22 Management s Statement of Responsibility 23 Independent Auditor s Report 24 Statement of Financial Position 25 Statement of Operations and Accumulated Surplus 26 Statement of Cash Flows 27 Statement of Changes in Net Financial Liability STATISTICAL SECTION 43 Revenue by Source 44 Expenses by Function 45 Expenses by Object 46 Statement of Reserve Funds and Surplus 47 Capital Spending 48 Capital Funding by Source 49 Long-Term Debt by Function 50 Long-Term Debt Capacity 51 Taxable Property Assessments 52 Property Tax Revenue 53 Principal Corporate Tax Payers 54 Permissive Tax Exemptions 55 Building Permits and Business Licenses 56 Number of Employees 57 Population Demographics STATEMENT OF FINANCIAL INFORMATION 58 Schedule of Debts 58 Schedule of Guarantees and Indemnity Agreements 59 Schedule of Remuneration and Expenses 59 Statement of Severance Agreements Schedule of Suppliers of Goods and Services (Greater than $25,000) 62 Statement of Financial Information Approval Summary of Significant Accounting Policies Notes to Consolidated Financial Statements 41 Schedule 1 Segment Disclosure

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5 Welcome to Coldstream The District of Coldstream is located just east of Vernon, surrounding the north end of Kalamalka Lake and extending through the beautiful Coldstream Valley. The District is comprised of two neighbourhoods; Coldstream in the west and Lavington in the east, centering around the Coldstream Ranch, the earliest land claim in the District. Kalamalka Lake has been called the lake of many colours because of its shimmering blue-green waters - a paradise for swimming, fishing and boating. The District has a significant residential component and boasts a substantial inventory of parks - Coldstream Park, Creekside Park, Sovereign Park, Lavington Centennial Park - just to name a few. As well, the District is bordered on the south by beautiful Kalamalka Lake Provincial Park. A skateboard park is located on Kidston Road, and there are numerous biking routes and hiking trails throughout the District, adding to the rural flavor of the area. There are three elementary schools in Coldstream, a high school, and the Kalamalka Campus of Okanagan College. Shopping is just a few minutes away in the neighbouring communities of Vernon and Lumby. A large portion of the community is mixed agriculture use and ranching. Industrial development is limited to lumber mills and small manufacturing. The District has professional full-time staff in administration, finance, planning, engineering and public works, building inspection, bylaw enforcement and fire inspection. The Fire Department consists of approximately fifty paid on-call volunteer firefighters and two fire halls. Fast Facts Incorporated: December 21, 1906 Area: 7,645 hectares (18,891 acres) Population: 10,648 (2016) Active Parks: 76 acres 123 km paved roads; 11 km unpaved July mean daily temperature: 19.1 o C Average sunshine: 1,903 hours per year Average snowfall: cm per year 2 P a g e

6 District of Coldstream Council Back row from left to right Councillor Pat Cochrane, Councillor Doug Dirks, Councillor Gyula Kiss, Councillor Richard Enns, Corporal Ron Scholes Front row from left to right Councillor Glen Taylor, His Worship Mayor Jim Garlick, Councillor Peter McClean The District of Coldstream is governed by an elected Council comprised of a Mayor and six Councillors. Members of Council are elected for a four-year term. The current term is from 2014 to Regular Council meetings are held at 6:00 p.m. on the second and fourth Mondays of every month in Council Chambers at the Municipal Hall, 9901 Kalamalka Road. Public Hearings on development matters are scheduled at the same time and take place just prior to the Regular Council Meeting. Committee of the Whole meetings are generally scheduled twice a month. Members of the public are encouraged to attend all Council and Committee Meetings and Public Hearings. Meeting minutes and agendas are available on the District s website 3 P a g e

7 On behalf of Council, I would like to take this opportunity to present the Annual Financial Report of the District of Coldstream for This is a look back at the finances, initiatives and activities of the District for the year. This report is a legislative requirement of the Province. I hope that residents take the time to read this report to gain a better understanding of their community. Message from the Mayor Over the past year, Coldstream representatives at the Regional District of the North Okanagan (RDNO) have been reassessing the Greater Vernon Master Water Plan and water rates, completing the restructuring of subregional parks, preparing to take control of the CN rail lands to create the future rail trail along Kalamalka Lake, and beginning the implementation of the Greater Vernon Cultural Plan. The District of Coldstream completed another year of capital projects including road paving, drainage projects, and traffic calming. The pavement management plan aims at increasing the life of our roads through yearly budgets and works on the roads to prolong their useable life expectancy at a lower cost than if they fail and require complete reconstruction. In addition to the pavement management plan, raised sidewalks were installed at both ends of the school zone at Coldstream Elementary School. The raised sidewalks serve to slow traffic travelling at excessive speeds in this congested area. The raised sidewalks at the east end also serves to divert flood waters experienced here in the past off Kalamalka Road and back into the creek. Jim Garlick Mayor The District of Coldstream is very fortunate to have a dedicated group of volunteers at our fire halls in Coldstream and Lavington. Coldstream Council is working with our fire department to ensure that they are supported in their efforts. The fire chiefs at these fire halls work very hard with their members to provide much-needed service to Coldstream. I thank you for showing interest and taking the time to read this report. We would also like to hear any questions or feedback on this report or its contents to help Coldstream Council and staff make improvements as we move forward. 4 P a g e

8 Corporate Vision Mission Statement of the District of Coldstream We, the Council of the District of Coldstream, are committed to a long-range plan for Coldstream, which fosters orderly growth and which enhances rural living at its best. Our mission is to make this a living plan supported by efficient fiscal management, appropriate policy and procedure development, and effective delivery of services. Council Responsibilities Every Council member has the following responsibilities: To consider the well-being and interests of the municipality and its community; To contribute to the development and evaluation of the policies and programs of the municipality respecting its services and other activities; To participate in Council meetings, Committee meetings, and meetings of other bodies to which the member is appointed; To carry out other duties assigned by the Council; To carry out other duties assigned by or under the Community Charter and other legislation. \ 5 P a g e

9 Committees, Boards and Commissions Advisory Planning Commission Councillor P. Cochrane Councillor P. McClean, Alternate Greater Vernon Chamber of Commerce Councillor P. Cochrane Okanagan Regional Library Board Councillor G. Kiss Councillor P.McClean, Alternate Regional District of North Okanagan Councillor D. Dirk Mayor J. Garlick, Alternate Greater Vernon Advisory Committee (RDNO) Mayor J. Garlick Councillor G. Kiss Councillor D. Dirk, Alternate Councillor P. McClean, Alternate Regional Growth Management Advisory Committee (RDNO) Councillor D. Dirk Mayor J. Garlick, Alternate Agricultural Advisory Committee (RDNO) Councillor P. McClean Councillor R. Enns, Alternate Greater Vernon Parks Service Review Committee (RDNO) Mayor J. Garlick Community Sports Field and Athletics Facility Construction Management Committee (RDNO) Mayor J. Garlick The District of Coldstream is a member of the Regional District of the North Okanagan, and a Council appointee serves as Coldstream s director on the 14 member Regional District Board, as well as a member the North Okanagan Regional Hospital District. 6 P a g e

10 Message from the Chief Administrative Officer I am very pleased to provide our residents and taxpayers with the 2016 Annual Report. The report is a wonderful opportunity to describe in detail the District s operations and set out our financial position. We welcome comments on the content and form of this report as we strive to improve communications with our residents about our community. In addition to our ongoing pursuit of effective and efficient municipal service delivery, we continue to pursue the strategic priorities and directives of Municipal Council. The Official Community Plan (OCP) update and the Parks Master Plan were two major planning initiatives that were finalized in Both of these documents will provide oversight and direction to the community for years to come. Trevor Seibel, BBA, CPA, CA Chief Administrative Officer With the completion of the OCP, there are several supporting bylaws that need to be updated including, but not limited to, the Zoning Bylaw, Development Cost Charge Bylaw and Subdivision Servicing Bylaw. Staff and consultants Urban Systems Ltd., have started work on the Zoning bylaw and Development Cost Charge bylaw update. The Zoning bylaw update will make sure the zoning regulations match the policy direction of the new OCP and make it a more user friendly, functional bylaw. The Development Cost Charge bylaw update will review the impacts of development on our infrastructure to ensure the District is collecting sufficient resources to address growth related infrastructure projects. The District of Coldstream also embarked on the Lavington Wetland project to lower the level of contaminants entering Coldstream Creek, as part of the continuing program to improve water quality. A ditch was constructed to intercept numerous storm outfalls to a constructed wetland. This wetland will act to filter the particulates and any contaminants they may contain, prior to discharging stormwater into the creek. DISTRICT COUNCIL Chief Administrative Officer RCMP Corporate Administration Financial Administration Infrastructure Services Development Services Fire Department The acquisition of the former CN Rail corridor from Coldstream to Kelowna is a once in a lifetime, legacy acquisition. The corridor, once developed, will provide a non-motorized connection from Coldstream to Kelowna. There will be many tourism and business related opportunities as the corridor is developed. Coldstream will continue to work with our regional partners as the corridor begins to take shape. There are many other accomplishments contained in this report that we are proud to share with the community. I invite you to take the time to read the document and provide us with any feedback and ideas to make this document better. 7 P a g e

11 Message from the Chief Financial Officer May 31, 2017 In accordance with Section 98 of the Community Charter, I am pleased to present the 2016 Annual Report for the District of Coldstream. The report provides detailed information regarding the financial position and results of operations for the year ended December 31, STRUCTURE The 2016 Annual Report is presented in three sections. These sections are identified as Introductory, Financial and Statistical. Patricia (Pat) Higgins Director of Financial Administration The Introductory Section provides information regarding the organization of the District of Coldstream including the 2016 operating results for each department as well as the 2017 Strategic Priorities. The District s departments consist of Corporate Administration, Financial Administration, Infrastructure Services, Development Services, and Fire Protection. The Financial Section presents the 2016 audited financial statements along with the Auditor s Report. The audited financial statements contain the following statements: Statement of Financial Position Statement of Operations and Accumulated Surplus Statement of Cash Flows Statement of Changes in Net Liability The Statistical Section provides a variety of financial and non-financial statistics for the past five years as well as specific financial information pursuant to the Financial Information Act that are not readily apparent from the Financial Statements. Most recently the Government Finance Officers Association of United States and Canada (GFOA) awarded a Canadian Award for Financial Reporting to the District for its Financial Report for the fiscal year ended December 31, 2015, the sixth year in a row. 8 P a g e

12 Message from the Chief Financial Officer 2016 OPERATING RESULTS The District s financial position increased in 2016 with the net financial asset increasing from ($449) thousand to $410 thousand. The book value of the District s tangible capital assets increased $2.970 million with a total amortization expense of $2.232 million recognized in Consolidated revenues were 134.5% of budgeted revenues, whereas consolidated expenses were 96.8% of budgeted expenses, resulting in consolidated surplus of $3.85 million. Highlights from the 2016 Statement of Operations include: Increase in revenue of $4.05 million of assets acquired from new development and park assets that were transferred from the North Okanagan Regional District. Decrease in sewer services in the amount of $0.193 million due primarily to sewer treatment actual costs less than budgeted. Increase in licenses, fines and rentals of $.108 million due primarily from building permit revenue. The District s 25-year Asset Investment Plan highlights the funding issues related to replacing our existing infrastructure. A proactive approach to funding the identified shortfall will put the District on a stronger financial footing in the years to come. During 2016 the District s statutory reserves had a net increase of $0.769 million as a result of the financial strategies employed by the District. The operating reserves had a year-end balance of $1.53 million up from the $1.29 million in the previous year. The increase is due largely to the transfer of funds from deferred revenues (Gas Tax) recognized as revenues from grants. The District of Coldstream will continue to take a more proactive approach to ensure stable surplus and reserve balances that are adequate for our community in the coming years. FINANCIAL MANAGEMENT The financial statements for the year ended December 31, 2016 were prepared by District staff in accordance with generally accepted accounting principles and the Financial Information Act, and the integrity and objectivity of these statements are management s responsibility. Management is also responsible for all the statements and schedules included in the Annual Report and for ensuring that this information is consistent, where appropriate, with the information contained in the financial statements. Management is responsible for implementing and maintaining a system of internal controls to provide reasonable assurance that reliable financial information is produced. AUDIT The financial statements were audited by BDO Canada LLP, and their responsibility was to express an opinion based on the results of their audit. The audit was planned and performed to obtain reasonable assurance as to whether the financial statements were free of material error or misstatement. The external auditors have full and free access to the financial information of the District. FUTURE OUTLOOK The District continues to find ways to stimulate growth and development while ensuring efficient service delivery to our residents. The Official Community Plan (OCP) was upgraded in 2016 and will ensure that the District s policies are current and reflect the needs of the community. With the completion of the OCP, staff will look at making any required changes to other documents, such as our zoning bylaw, tax policies or fees and charges bylaw to ensure proper application of the policy directives from the OCP. The operating and financial environment is becoming more complex, and the demand for increasing service levels means the District must be innovative in its search for ways to promote efficiency and effectiveness in the delivery of services. 9 P a g e

13 Municipal Services and Operations Services provided by the District include: Legislative (bylaws, corporate policies and procedures) Policing Fire protection Fire inspection Building permits and inspection Bylaw enforcement Business licensing Planning services Engineering services Street and sidewalk maintenance, construction and reconstruction Snow removal Drainage system maintenance Street lighting Parks Maintenance Cemetery operations Public transit Acting as a collection authority for other taxation jurisdictions Sanitary sewer collection system, operation, maintenance and construction Water system operation as a subcontracted service of the Regional District of North Okanagan 10 P a g e

14 2016 Strategic Priorities Strategic Direction Strategic Objective Target Completion Corporate Governance Collaboration with Other Local Governments OCP Projects Active Lifestyle Parks Master Plan Infrastructure Safe Routes to School Environment Lagoon Coldstream Creek Water Quality Discussions with RDNO regarding process to review the Master Water Plan Finalize the OCP revision/update; address issue of secondary suites and affordable housing; guiding direction of development Complete a Parks Master Plan; realistic and achievable; high level and simple; clearly identify goals, values and principles; comprehensive inventory of parks; identify strategies to create, develop and maintain paths and trails; will include assessment of the Log House and WI hall. Identify alternatives and options to address safe routes to school; be realistic and achievable; identify standards for infrastructure Identify goals, values and principles for the Lagoon; should the lagoon integrate with the storm management plan; local water feature Implement the findings of the Sensitive Habitat Inventory and Mapping (SHIM) priorities; review SHIM project for eligible projects; Lavington Wetland Project 2016/ but ongoing priority in evaluating infrastructure projects. 2016/ Lavington Wetland Project but ongoing 11 P a g e

15 2017 Strategic Priorities Strategic Direction Strategic Objective Target Completion Corporate Governance Collaboration with Other Local Governments Zoning Bylaw Update DCC Bylaw Update Discussions with RDNO regarding process to review the Master Water Plan Align bylaw to be consistent with OCP and changing expectations Major update to the existing DCC Bylaw (Roads, Sanitary, Drainage) with the addition of Parks DCC s; alignment and consistency with the OCP and Zoning bylaws; align with changing expectations 2017/ Community Hall Active Lifestyle Parks & Trail Improvements Infrastructure Transportation Network Environment Coldstream Creek Water Quality Lagoon Identify goals, values and principles for the WI Hall; identify financial strategy for replacement of WI Hall Implement projects from the Bicycle Pedestrian Master Plan and Parks Master Plan. Coldstream Creek Bike Path; Stenquist Parks Improvements; Lavington Park Improvements; Sovereign Park Improvements; Kalamalka Lake Road Multi-Use Path Design Implement Pavement Management Program; improve non-vehicular modes of transportation; Kidston Road Realignment; Buchanan Road Path planning; Sanitary sewer planning and pre-design (Area A); drainage projects Implement the findings of the Sensitive Habitat Inventory and Mapping (SHIM) priorities; possible projects from Water Quality and Land Use Study Phase II Identify goals, values and principles for the Lagoon; should the lagoon integrate with the storm management plan; local water feature 2017/ / /2018 Ongoing with new initiatives each year 2017/ P a g e

16 Corporate Administration The Administration Department is the link between Coldstream residents, Council, staff and outside government agencies. Key responsibilities include the following: Implementing policy direction as determined by District Council; Providing leadership and direction to staff in fulfilling the various departmental directives and responsibilities; Ensuring timely and appropriate administrative support and information flow to Council; Maintaining accessibility to the public through notifications and through a user-friendly website; Ensuring timely access to information and records by staff, the public and Council; Updating and maintaining bylaws and policies; Keri-Ann Austin Director of Corporate Administration Bylaw Enforcement CORPORATE ADMINISTRATION Legislative Services 2016 Highlights Discussions with Coldstream s partners in Greater Vernon continued over shared services, including water and parks. The development of a new Master Water Plan is being prepared with Coldstream s partners in the service. Staff continued with the reorganization of the District s records management system and made improvements to the online Council and Committee agendas to enhance the electronic agenda experience for Council, staff and the public Outlook Freedom of Information Communication continues to be a priority for the department. Planned improvements to the District website will further enhance the online experience of those users seeking information from the District. Bylaw enforcement will continue to operate on a complaintbased system. There are several issues that continually generate complaints such as the Kalavista Boat Launch and parking lot, non-agricultural activities on agricultural lands, movable storage containers and secondary suites. The Commissionaires further assist the District with additional bylaw enforcement and patrolling responsibilities from the restructuring of the parks. 13 P a g e

17 Financial Administration The Finance Department is responsible for all matters of financial administration for the District of Coldstream as well as management of the District s information services. Specific responsibilities include the following: Financial management, planning, reporting and analysis; Administration of the District s assets through budgets, financial and internal control systems and valuations; Collection of taxes, utility usage and other revenue sources; Cash, portfolio and debt management; expending municipal money as authorized; Insurance claims and risk management; Purchasing including improving policy and process; Information technology management, including hardware and software acquisition and maintenance Highlights The District s operating results were stronger than expected in Development activity continued to be strong in 2016 and paralleled that of Building permit fee revenue continued to meet budgeted targets. Additionally, increased revenues from user fees and sales of services continue to help mitigate annual tax increases. Senior government funding continues to play an integral part of the District s overall operations. The District continues to be proactive in implementing financial policies to better position the District for the future. Of the 3.5% tax rate increase approved by Council, 2.75% was allocated for infrastructure needs and will allow improvements to the District s pavement management program as well as future land acquisitions and drainage issues. The Department is responsible to provide financial reporting which includes long-term planning, annual budget development, accounting, procurement and statutory financial reporting; responsible for presenting an annual five-year financial plan which establishes financial and programming priorities. The Department also keeps Management and Council informed about the District s financial performance on a regular basis, ensuring the District meets its annual budget and targeted savings. Patricia (Pat) Higgins Director of Financial Administration FINANCIAL ADMINISTRATION 2017 Outlook Accounting & Information Technology Financial Planning & Budget Taxes & Utilities Risk Management Communicating with the public continues to be an important part of delivering local government services. In conjunction with Administration, further implementation of the Corporate Communication Strategy will continue to promote communication with the community. It is also the Department s focus to provide maximum efficiency and reasonable taxation, while also making provision for future infrastructure and service needs. The Department is committed to sound financial management of its operations, debt and reserve balances and addressing our aging municipal infrastructure. The District will effectively plan and steward the continuance of healthy fiscal management on these issues for current and future generations. 14 P a g e

18 Infrastructure Services The Infrastructure Services Department is responsible for all operational matters of the District of Coldstream. Specific responsibilities include: Planning, design and construction of the District s infrastructure, including roads and sewer; Reviewing and inspecting subdivision applications and construction; Reviewing all development applications for impact on servicing and infrastructure; Planning for capital projects; Maintenance of the District s fleet; Maintenance of the sewer system; Maintenance of the water system under subcontract to Greater Vernon Water Utility; Signage and traffic marking; Maintenance of community parks Highlights Infrastructure Services had another busy year in The annual road maintenance program continued with asphalt resurfacing and curb replacement at Rochdell Road, Tassie Drive, Cactus Drive, Venables Drive, Scenic Drive and Brewer Road. Michael Baker Director of Infrastructure Services INFRASTRUCTURE SERVICES Public Works Utility Services Parks Maintenance Fleet The purpose of this program is to ensure that the long-term cost of maintaining roads is minimized. A comprehensive analysis of Coldstream s roads was conducted in 2013 and included an investment/benefit analysis to optimize the monies invested in our roads. The optimal time to rehabilitate roads is quite some time prior to complete failure. A significant number of drainage upgrades were completed throughout the community, focusing on areas that have been ongoing concerns of residents and staff. Projects included: Kal beach parking area with catch basins and infiltration chambers installed Braeburn Path upgrades which lowered a manhole and reprofiled the path to redirect the flow of water to an adjacent storm detention pond Kickwillie Loop additional catch basins were installed to tie into existing system Lakeview Road upgrade culvert to collect run off from Highway 97 With the District taking over care and control of its local parks in 2014, Council deemed it necessary to provide a plan for how the parks system will be managed going into the future. A consultant was contracted to complete a Parks Master Plan. Over a period of several months, meetings were held with residents and stakeholders, and a survey was sent to Coldstream residents asking for their opinions on a variety of parks subjects. The final Plan was completed A long-standing project was completed in the fall which saw District staff design, construct and install a new pressurereducing station on Brewer Road. With the addition of the station staff were able to eliminate two dead ends in the system and loop the water main through the station. This not only addressed water quality concerns but also increased fire flows in the area. 15 P a g e

19 Infrastructure Services The District was approved for a Federal Gas Tax grant to construct the Coldstream Creek Intercepted Groundwater Management Project. This project will seek to lower the level of contaminants entering Coldstream Creek, as part of the continuing program to improve water quality. In the fall of 2016, the District constructed a ditch to intercept numerous storm outfalls to a constructed wetland near the intersection of School Road and Highway 6. The wetland contains a gently sloped channel that allows water to flow across a planted area. Excess amounts of particulates are flushed into the creek through these particular storms outfalls, and the wetland will act to filter the particulates and any contaminants they may contain prior to discharging stormwater into the creek. The project consists of diversion piping, the wetland, discharge structure and plants. There will be immediate benefits with the wetland, and the plants are expected to provide additional filtration within a couple of years Outlook There are a number of specific roads identified for roads maintenance in 2017 including an overlay on Kalamalka Road from Giles Drive to Highway 6, and on Lavington Way from Bessette Road to School Road Council further approved a number of drainage improvement projects for 2017 that will continue to address needs that have arisen in past years storm events. Grant applications will be submitted in the amount of $300,000 for the Coldstream Creek Bike Path and $107,900 to complete the design work for a Sewer Line Extension to lateral roads in the vicinity of the truck line along Kalamalka Road to Mackie Drive. The District has also entered into an agreement with the Regional District to provide services for the sub regional parks and the athletic park. With the added services, some additional resources will be required to meet these needs. Council authorized a number of pieces of equipment to provide ongoing maintenance of the green spaces and natural and artificial turfs. 16 P a g e

20 Development Services Department responsibilities include: Assisting and advising Council on growth management, development, long-range policy planning, ongoing improvements and amendments to the Official Community Plan (OCP) and Zoning Bylaw. Subdivision review and approvals. Review and processing of development applications (i.e., Official Community Plan amendments, Zoning Bylaw amendments, development variance permits, development permits, Agricultural Land Reserve). Building inspections and business licensing Mike Reiley Director of Development Services 2016 Highlights The number of development applications that were submitted in 2016 increased from the 2015 level of activity. In 2015, 11 applications were processed and in 2016 staff handled 18 applications consisting of: 5 subdivision applications; DEVELOPMENT SERVICES Current & Long Range Planning Subdivision Approval Official Community Plan and Zoning Issues 8 development variance permit applications; 2 rezoning applications; 3 ALR applications. Building Inspection Completion of the District s Official Community Plan continued to be the primary focus in The District of Coldstream adopted an updated Official Community Plan (OCP) on June 27, The OCP sets out policies for the development of the community over the next few years. Policies are based on a variety of factors such as expected growth rates, environmental quality, development risks (flooding, mudslides, rockfall), economic growth, farm industry and quality of life. All these were considered in the context of broad community values important to the residents of Coldstream, be it protecting the environment, supporting the farm industry, having affordable infrastructure, being able to access green space and parks, or preserving the inherent beauty of the community. 17 P a g e

21 Development Services Building permits are issued for activities including, but not limited to, residential buildings, commercial buildings, accessory buildings, renovations, demolitions, swimming pools and mobile homes. The chart below highlights the change in the number of building permits issued over the past five years. During 2012 there was an increased number of renovation projects as opposed to new construction, while in the majority of the building activity was tied to the construction of single family and duplex/mixed units. The number of housing units remained consistent between 2015 and 2016 as well as construction values. Building Permit Activity construction industry have experienced a decline in the past couple of years. Overall, these businesses provide services and jobs for the benefit of the community Business Licenses Issued Outlook For 2017, development activity is expected to be consistent with A large amount of renovations and redevelopment continues to take place throughout the District, particularly properties along Kalamalka Lake. Single/Family Units Duplex/Mixed Family Units The Building Department has been consistent in its goal to ensure permit turnaround is timely, with a target of three weeks to issue a permit. With the construction activity leveling off, more time is available for staff to close out files and review and update bylaws. Now that the OCP update is finalized there are several other bylaws that will need to be revisited, most notably the Zoning Bylaw. The Zoning Bylaw provides regulations on allowed land use, density, siting, size, location and shape of land, building and structures within a particular zone. Bylaw enforcement has continued to operate on a complaint basis to ensure that compliance is maintained at a reasonable cost. This division is also responsible for parking and traffic enforcement. The Commissionaires have been contracted for the past several years to provide parking enforcement services during the busy tourist season. The Commissionaires perform this function very well, maintaining a consistent daily presence which serves to minimize complaints to the District. Business License activity has increased slightly, with 266 active business licenses at the end of 2016 compared to 248 at the end of The number of businesses operating in Coldstream has remained relatively constant over the past several years. Businesses that have been tied to the 18 P a g e

22 Protective Services LAVINGTON FIRE HALL ON SCHOOL ROAD COLDSTREAM FIRE HALL ON ABERDEEN ROAD Protective Services responsibilities include: Prevention, control and extinguishment of fires The following table identifies the number and type of callouts for the Fire Department over the past five years. Protection of life and property Enforcement of all municipal bylaws respecting fire prevention Overseeing the District s Emergency Management Occupational Health and Safety, Fire inspections and fire investigation programs and services Other Mutual aid Annunciator Grass/brush fires 2016 Highlights The primary goal of 2016 was to implement the BC Structure Firefighter Competency and Training Playbook and provide training to deliver the highest level of service as possible. Certification based training model will ensure consistent training standards are implemented at both fire halls. It also provides greater efficiencies and cooperation when interacting with other fire departments within the North Okanagan Regional District Burning complaints HazMat Ambulance/Police assist In this regard, the District hired a Protective Services Coordinator to oversee and ensure compliance with the Playbook as well as taking on the responsibility for the District s Emergency Management, Occupational Health and Safety, fire inspections and fire investigations programs and services. The Fire Department participated in several community activities such as May Day celebrations, Fire Safety week, the Remembrance Day service and the Halloween fireworks display on the pier at Kal Beach and Lavington Park. 19 P a g e

23 Protective Services The District s Fire Department was called out a total 147 times in called outs were a total of 153. Type of Call Coldstream Lavington Structure Fires 0 1 Chimney Fires 0 0 Appliance Fires 0 2 Motor Vehicle Incidents Outlook Training will continue to be a major focus going forward. Goals for 2017 are to implement the Passport accountability system that will enable safe and effective accountability on the fire ground as well as an added level of record and reporting when it comes to investigation. Occupational Health and Safety will continue to guide the direction of safe effective fire service management. Equipment testing will take place to ensure 100% compliance in Ambulance/Police Assist 4 1 HazMat (chlorine, fuel spills) 0 0 Burning Complaints (bonfires, illegal burns, etc.) Grass/brush fires 4 3 Enunciator (various alarms) Mutual Aid 0 3 Nuisance(fireworks, dumpsters) 0 Other 37 0 TOTAL (down from (down from 108 in 2015) 45 in 2015) 20 P a g e

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46 Revenue by Source (in $1,000's except per capita figures) Taxation revenues 5,868 5,493 5,344 4,967 4,776 Sale of services 1,354 1,514 1,452 1,453 1,536 Licenses, fines and rentals Return on investments Grants 956 1, Development Cost Charges Developer/Other Transfers 4, , $ 13,312 $ 9,583 $ 14,885 $ 8,359 $ 8,034 TOTAL REVENUE PER CAPITA $ 1,217 $ 886 $ 1,411 $ 822 $ 782 PROPORTION OF TAXATION REVENUE TO TOTAL REVENUE 44.1% 57.3% 35.9% 59.4% 59.4% Consolidated Revenue By Source (In $1,000's) 16,000 14,000 12,000 10,000 8,000 6,000 4,000 Developer/Other Transfers Development Cost Charges Grants Return on investments Licenses, fines and rentals Sale of services Taxation revenues 2, P a g e

47 Expenses by Function (in $1,000's except per capita figures) General government $ 831 $ 790 $ 848 $ 905 $ 855 Protective services 1,951 1,818 1,737 1,799 1,799 Transportation services 3,529 3,495 3,334 3,380 3,303 Environmental health services Development services Parks services Sewer services 1,462 1,429 1,278 1,331 1,317 Interest $ 9,484 $ 8,901 $ 8,508 $ 8,230 $ 8,027 TOTAL EXPENSES PER CAPITA $ 867 $ 823 $ 806 $ 810 $ 782 PERCENTAGE CHANGE IN PER-CAPITA EXPENSES FROM PRIOR YEAR 5.4% 2.0% -0.4% 3.6% 2.3% Consolidated Expenses by Function (in $1,000's) $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 Parks services Interest Sewer services Development services Environmental health services Transportation services Protective services General government $1,000 $ P a g e

48 Expenses by Object (in $1,000's except per capita figures) Advertising and promotion $ 35 $ 38 $ 34 $ 25 $ 23 Amortization 2,233 2,011 2,025 1,970 1,994 Equipment and facilities Insurance Interest Memberships and licenses Miscellaneous Office supplies Policing costs Professional development Professional services 1,353 1,334 1, ,068 Sewer operations Supplies and materials Telephone and utilities Wages and benefits 2,832 2,701 2,644 2,505 2,392 $ 9,484 $ 8,901 $ 8,508 $ 8,230 $ 8,027 Consolidated Expenses by Object (In $1,000's) $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $ Wages and benefits Telephone and utilities Supplies and materials Sewer operations Professional services Professional development Policing costs Office supplies Miscellaneous Memberships and licenses Interest Insurance Equipment and facilities 45 P a g e

49 Statement of Reserve Funds and Surplus` (in $1,000's except per capita figures) Statement of Annual & Accumulated Surplus Accumulated surplus, beginning $60,620 $59,935 $53,555 $53,405 $53,500 Annual surplus (deficit) 3, , (95) Accumulated surplus, ending $64,474 $60,620 $59,935 $53,555 $53,405 Statement of Annual and Accumulated Surplus Statutory reserves $3,524 $2,754 $2,229 $1,787 $1,649 Operating reserves 1,527 1,293 1, Surplus (247) ,418 Equity in tangible capital assets 59,670 56,508 56,220 50,636 49,425 $64,474 $60,620 $59,935 $53,555 $53,405 Net Financial Debt (Detail) Financial assets $9,113 $8,393 $8,013 $6,857 $7,611 Financial liabilities 8,702 8,843 9,059 8,907 8,841 Net financial debt 411 (450) (1,046) (2,050) (1,230) Non-financial assets 64,063 61,070 60,981 55,605 54,635 Accumulated surplus, ending $64,474 $60,620 $59,935 $53,555 $53,405 Statutory Reserve Funds (Detail) Equipment replacement reserve $749 $649 $865 $690 $655 Sewer improvement reserve Land sale reserve Building reserve Road reserve 1, Drainage reserve $3,524 $2,754 $2,229 $1,786 $1,649 Operating Reserve Funds (Detail) Police stabilization $180 $217 $318 $121 $86 Election Snow removal Library Parks Fire equipment Community amenity Fire Training Centre Bike path Building stabilization Road improvement Water devolution Future capital - general Planning $1,527 $1,293 $1,027 $574 $913 Statement of Surplus General operating fund - surplus (1,972) (1,454) (811) (396) 709 Sewer operating fund - surplus 1,725 1,519 1, (247) ,418 TOTAL RESERVES AND SURPLUSES $4,804 $4,112 $3,715 $2,919 $3,980 ACCUMULATED SURPLUS (FINANCIAL EQUITY) PER CAPITA $439 $380 $352 $287 $ P a g e

50 Capital Spending (in $1,000's except per capita figures) Land & Land Improvements $ 2,315 $ 183 $ 5,720 $ 139 $ - Buildings Vehicle fleet Protective services vehicles General government equipment Protective services equipment Transportation services equipment Road infrastructure 952 1, Drainage infrastructure Sewer Infrastructure $ 5,037 $ 2,320 $ 7,235 $ 2,307 $ 1,515 TOTAL CAPITAL SPENDING PER CAPITAL $ 461 $ 214 $ 686 $ 227 $ 148 Capital Spending (In $1,000's) $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $ Sewer Infrastructure Drainage infrastructure Road infrastructure Transportation services equipment Protective services equipment General government equipment Protective services vehicles Vehicle fleet Buildings Land & Land Improvements 47 P a g e

51 Capital Funding by Source (in $1,000's except per capita figures) General taxation $ - $ - $ 15 $ 11 $ 279 General Non-statutory reserves 37 1, Sewer revenues Sewer non-statutory reserves Statutory reserves 950 1, , Development cost charges Transfers from developers/other 4, , Long-term debt Short-term borrowing Government grants & Other $ 5,037 $ 2,320 $ 7,235 $ 2,307 $ 1,515 PROPORTIONAL BREAKDOWN OF CAPITAL FUNDING General taxation 0.0% 0.0% 0.2% 0.5% 18.4% Sanitary Sewer revenues 0.0% 0.0% 0.0% 0.5% 0.0% Reserves 19.6% 96.1% 13.4% 57.9% 33.3% Developers 80.4% 3.9% 86.4% 0.0% 0.0% Long-term debt 0.0% 0.0% 0.0% 27.5% 43.0% Short-term borrowing 0.0% 0.0% 0.0% 0.0% 0.0% Government grants & Other 0.0% 0.0% 0.0% 13.6% 5.3% 100.0% 100.0% 100.0% 100.0% 100.0% Capital Funding by Source (in $1,000's) $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $ Government grants & Other Short-term borrowing Long-term debt Transfers from developers/other Development cost charges Statutory reserves Sewer non-statutory reserves Sewer revenues General Non-statutory reserves General taxation 48 P a g e

52 Long-Term Debt By Function (in $1,000's except per capita figures) Long-Term Debt by Function Fire halls $ 2,984 $ 3,115 $ 3,241 $ 3,363 $ 3,480 Roads Drainage Buildings 1,186 1,238 1,289 1,337 1,362 $ 4,203 $ 4,418 $ 4,625 $ 4,824 $ 5,077 The long-term debt of the municipality is funded 99.9% from general taxation and 0.1% from parcel tax. LONG-TERM DEBT PER CAPITA $ 384 $ 408 $ 438 $ 475 $ 494 Long-Term Debt by Function (in $1,000's) 6,000 5,000 4,000 3,000 2,000 Buildings Drainage Roads Fire halls 1, P a g e

53 Long-Term Debt Capacity (in $1,000's except per capita figures) Long- Term Debt Per Capital $ 384 $ 408 $ 438 $ 475 $ 494 Annual Debt Servicing % of Annual Debt Servicing to Total Expenses and principal payments 4.34% 4.67% 4.87% 5.82% 5.41% LEGAL DEBT SERVICING LIMIT $ 2,172 $ 2,073 $ 2,005 $ 1,871 $ 1,905 REMAINING DEBT SERVICING CAPACITY $ 1,760 $ 1,657 $ 1,591 $ 1,392 $ 1,471 $550 $500 $450 $400 $350 $300 $250 Debt per Capita $ Legal Debt Servicing Capacity (in $1,000's) $2,500 $2,000 $1,500 $1,000 Capacity Available Capacity Used $500 $ P a g e

54 Taxable Property Assessments (in $1,000's) Residential $ 2,081,956 $ 1,958,907 $ 1,851,924 $ 1,817,841 $ 1,847,254 Utility 1,180 1,491 1,466 2,289 2,245 Major industry 8,327 8,296 8,286 7,856 8,016 Light industry 9,734 5,496 4,981 13,030 10,280 Commercial 17,007 19,416 20,113 11,729 11,934 Recreation and non-profit 4,678 4,300 4,451 4,378 4,271 Farm land 9,261 9,238 9,348 9,196 9,074 $ 2,132,143 $ 2,007,144 $ 1,900,569 $ 1,866,319 $ 1,893,074 % change from prior year 6.23% 5.61% 1.84% -1.41% -1.88% AVERAGE SINGLE FAMILY RESIDENTIAL ASSESSED VALUES (in $1,000's) Land $ 204 $ 195 $ 185 $ 180 $ 187 Improvements $ 491 $ 470 $ 448 $ 440 $ 447 % change from prior year 4.47% 4.91% 1.82% -1.57% -2.40% Average Single Family Residential Assessed Value (in $1,000's) Land Improvements Assessment Values (in $1,000's) 2,200,000 2,100,000 2,000,000 1,900,000 1,800,000 1,700,000 1,600, Farm land Recreation and non-profit Commercial Light industry Major industry Utility Residential 51 P a g e

55 Property Tax Revenue (in $1,000's except per capita figures) Residential $ 5,204 $ 4,827 $ 4,642 $ 4,209 $ 4,047 Utility Major industry Light industry Business Recreation and non-profit Farm land $ 5,726 $ 5,365 $ 5,197 $ 4,764 $ 4,573 PROPERTY TAX REVENUE PER CAPITA $ 523 $ 496 $ 493 $ 469 $ 445 TAXES COLLECTED IN THE YEAR $ 5,418 $ 5,059 $ 4,964 $ 4,476 $ 4,249 PERCENTAGE OF TAXES COLLECTED IN THE YEAR 94.62% 94.30% 95.52% 93.95% 92.91% RATIO OF TAXES - RESIDENTIAL TO TOTAL PROPERTY (GENERAL TAXES ONLY) 90.88% 89.97% 89.32% 88.35% 88.50% TAXES LEVIED FOR OTHER AGENCIES Provincial School Tax $ 4,776 $ 4,659 $ 4,606 $ 4,429 $ 4,343 Regional District of North Okanagan 2,164 2,081 2,021 2,397 2,335 Regional Hospital Districts Okanagan Regional Library Other $ 8,112 $ 7,883 $ 7,743 $ 7,889 $ 7,658 6,000 5,000 4,000 3,000 2,000 1,000 - Revenue by Assessment Class (In $1,000's) Cl 9 Cl 8 Cl 6 Cl 5 Cl 4 Cl 2 Cl 1 Total Taxes Levied (In $1,000's) 14,000 12,000 Other 10,000 ORL 8,000 Hospital 6,000 RDNO 4,000 Province 2,000 Municipal P a g e

56 Principal Corporate Tax Payers (in $1,000's) Rank Property Owner Category General Taxes Levied Tolko Industries Ltd. Industrial $ Coldstream Ranch (2002) Ltd. Farm & Industrial Timber Investments Residential O-I Canada Corp Commercial Canadian National Railway Ltd. Utility West Kootenay Power & Light Co. Utility Scenic Valley Trailer Park Ltd. Residential Coldstream Court Resort Ltd. Commercial Coldstream Meadows Property Management Ltd. Residential Trintec Enterprises Ltd. Commercial Podollan's Construction Ltd. Residential Alberta Ltd. Residential Coldstream Lumber Remanufacturing Ltd. Industrial MNB Holdings Ltd. Residential INC. NO. BC Industrial 6 N/A 16 David Regehr Holdings Ltd. Residential Kalview Estates Ltd. Residential BC Ltd. Industrial ALBERTA LTD Residential 5 N/A ALBERTA LTD Residential 5 N/A Total General Tax Revenue - Top Twenty $ 499 Total General Tax Revenue - District Wide $ 5,726 Proportion of Taxes Paid by Top Twenty 8.7% 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Taxes Paid - Principal Corporate vs Other Taxpayers (In $1,000's) All Other Taxpayers Top Twenty Corporate Taxpayers 53 P a g e

57 Permissive Tax Exemptions (Foregone Tax Revenues - Coldstream Portion Only) LEGAL ROLL # NAME Class Assessment Taxes Other Municipalities - parks, etc. District Lot City of Vernon - Kal beach foreshore 6I 26,900 $ 161 City of Vernon - Kal beach foreshore 8L 1,676,000 4,190 Plan B4067, Plan City of Vernon -Vernon Creek Control Gate - Westkal Rd. 6L 30, Lot C,Plan B City of Vernon - Kal Lake Pumphouse 2L&I 587,700 21,827 Lot A, Plan B City of Vernon - Water Reservoir 2L&I 986,000 36,621 Lot 1, Plan City of Vernon - Kal Lake Pumphouse 2L&I 1,334,000 49,545 Non-profit Organizations Plan B5453; N/E 1/ Lavington Community Association - old hall site - vacant land 8L 158, Lot 5, Plan Canadian Mental Health Association 1L&I 592,000 1,480 Lot 6, Plan KAP9714 Blk Kindale Developmental Association ll&i 736,000 1,840 Lot 7, Plan Kindale Developmental Association ll&i 782,000 1,955 Lot 55, Plan KAP Kindale Developmental Association ll&i 512,000 1,280 Lot 1, Plan Vernon & District Riding Club 8L 539,000 1,347 Lot 1,Plan KAP Mackie Lake House Foundation 8L 3,806,000 9,514 1I 441,000 1,102 Lot 1, Plan Bishop Wild Bird Foundation 1L&I 2,694,000 6,734 Places of Worship Lot 1, Plan EPP18765, DL Real Life Ministries Society 8L&I 925,000 2,312 L.1&2;Plan Ukrainian Catholic Eparchy 8L&I 266, Ukrainian Catholic Eparchy 6L 214,000 1,284 PCL.A, Plan B Lavington Fellowship Baptist Church 8L&I 787,500 1,969 Roman Catholic Bishop of Kamloops - Our Lady of the Valley Lot 1, Plan L&I 1,889,900 4,724 $ 149, P a g e

58 Building Permits and Business Licenses Building Permit Construction Values (in $1,000's) Residential $ 18,325 $ 27,265 $ 38,353 $ 17,844 $ 16,695 Other 4,146 3,890 4,709 4,392 3,718 $ 22,471 $ 31,155 $ 43,062 $ 22,236 $ 20,413 Building Permit Fees (in $1,000's) $ 394 $ 292 $ 454 $ 278 $ 250 Number of Building Permits Issued Business License Fees (in $1,000's) $ 41 $ 37 $ 39 $ 39 $ 40 Number of Licensed Businesses Number of Land Use Applications * * Includes applications for rezoning, OCP Amendments, Development Permit, ALR and Subdivision Source: District of Coldstream Development Services and Building divisions Construction Values (In $1,000's) 50,000 40,000 30,000 20,000 10, Other Residential 150 Building Permits Issued P a g e

59 Number of Employees Number of Employees (Full Time Equivalents)* Administration Finance Building Inspection & Bylaw Enforcement Development services Engineering Police (civilian staff) & Protective Services Operations: Sanitary Sewer Public Works Parks Water ** * Full-time equivalent is based on the total number of hours worked as a function of standard full-time hours ** Less: Number of employees for which full employment costs are recovered by the Regional District of North Okanagan for Water. (6.0) (6.0) (6.0) (6.1) (6.9) Net number of Employees (relating to employment costs recorded by the District of Coldstream) Gross FTE Positions per 1,000 of population Net FTE positions per 1,000 of population Net Number of Employees (FTE's) Net FTE Positions per 1,000 Population P a g e

60 Population Demographics Annual Estimated Population (Source: BC Statistics) 10,938 10,821 10,551 10,163 10,271 Population Growth Rate 1.08% 2.56% 3.82% -1.05% -0.47% Statistics Canada Census Data (last three census years) Census Population 10,648 10,315 9,470 Population by Age Group 0 to to 14 1,235 1,335 1, to to to 44 1,930 1,935 1, to 54 1,745 1,945 1, to 64 1,945 1,730 1, to 74 1, ,648 10,315 9,470 Census Data - Population by Age Group 12,000 10,000 8,000 6,000 4,000 2, to to to to to to 19 5 to 14 0 to P a g e

61 Statement of Financial Information SCHEDULE OF DEBTS Purpose Date of Issue Term in Years Maturity Date Interest Rate Original Debt Balance Outstanding Balance Outstanding Debenture Debt Drainage % 434,100 $ 33, $ 64, Buildings % 4,000,000 2,983, ,114, Capital % 50,381 41, , Buildings % 1,335,320 1,144, ,195, Other Debt $ 4,202, $ 4,418, Capital % 250, , $ 4,452, $ 4,418, SCHEDULE OF GUARANTEE AND INDEMNITY AGREEMENTS Information on all guarantees and indemnities for the District of Coldstream is included in Note 11 to the Financial Statements. 58 P a g e

62 Statement of Financial Information SCHEDULE OF REMUNERATION AND EXPENSES Elected Officials Name Position Remuneration Expenses Total Jim Garlick Mayor $ 30, $ 2, $ 33, Gyula Kiss Councillor 15, , Peter McClean Councillor 14, , , Douglas Dirk Councillor 12, , Richard Enns Councillor 12, , Glen Taylor Councillor 12, , , Patrick Cochrane Councillor 11, , Employees earning more than $75,000 per year $ 110, $ 6, $ 116, Name Position Remuneration Expenses Total Trevor Seibel Chief Administrative Officer $ 141, $ 7, $ 148, Patricia Higgins Director of Financial Administration 109, , , Michael Reiley Director of Development Services 109, , , Michael Baker Director of Infrastructure Services 103, , , Bob Bibby Building Official 101, , , Keri-Ann Austin Corporate Officer 99, , , Michael Pethick Operations Superintendent 96, , , Dave Acton Utilities Foreman 90, , , Gord Mckay Roads Foreman 86, , Neil Blundell Utilities Operator I 83, , Brent Comeau Utilities Operator II 79, , , James Scherck Utilities Operator I 76, , Jan Ullrich Mechanic 75, , Irma Breitkreutz Deputy Municipal Clerk 75, , , Employees earning less than $75,000 per year 1,327, , ,356, Consolidated total of other employees with remuneration less than $75,000 1,669, , ,689, Total Remuneration $ 3,107, $ 55, $ 3,162, There were no Council disqualifications in 2016 as per Section 110 of the Community Charter. STATEMENT OF SEVERANCE AGREEMENTS There was one severance agreement under which payment commenced between the District of Coldstream and its exempt employee during the fiscal year Total Value - $15, represents 4.3 months of compensation. 59 P a g e

63 Statement of Financial Information SCHEDULE OF SUPPLIERS OF GOODS AND SERVICES (GREATER THAN $25,000) Vendor Name Comparative Amount 1 & 2 ELECTRIC LTD $ 141, $ 105, A & D ASPHALT SOLUTIONS 123, , AARDVARK PAVEMENT MARKING SERVICES 53, , ALLEN DAVID 31, ALL SAFE TRAFFIC CONTROL INC - 30, ANDREW SHERET LTD 114, , ARTERRA CONSTRUCTION LTD - 86, ASPHALT VALLEY PAVING SERVICES 27, ASSOCIATED ENVIRONMENTAL CONSULTANTS INC 28, BANK OF MONTREAL/MASTERCARD 48, , BANNISTER CHEVROLET INC - 35, BC ASSESSMENT AUTHORITY 124, , BC COMMISSIONAIRES 48, , BC HYDRO & POWER AUTHORITY 167, , BC TRANSIT 129, , BLACK PRESS GROUP LTD 31, C.U.P.E. 36, , CAPRI INSURANCE 58, , CO-OP ARMSTRONG REGIONAL COOPERATIVE 107, , CORIX WATER PRODUCTS - 29, D W MCMULLEN & ASSOCIATES LTD. 34, , DEAN TOOP EXCAVATING 112, , EMPS/ELECTRIC MOTOR & PUMP SERVICE LTD. 31, , FORTIS BC - 25, FP TELESET - 25, FRED SURRIDGE LTD. 67, , GCR RAIL CROSSINGS 29, , GILBERT PARTS DEPOT 31, , GUILLEVIN INTERNATIONAL INC 125, , HUB FIRE ENGINES & EQUIPMENT LTD - 466, INLAND KENWORTH VERNON 156, INSURANCE CORPORATION OF BC 33, , LAVINGTON PELLET LIMITED PARTNERSHIP 46, LYNN'S EXECUTIVE CLEANING SERVICE INC 35, , P a g e

64 Statement of Financial Information Vendor Name Comparative Amount MINISTER OF FINANCE 56, , MINISTRY OF PROVINCIAL REVENUE 1,982, ,957, MUNICIPAL INSURANCE ASSOC OF BC 69, , MUNICIPAL PENSION PLAN 466, , MURDY & MCALLISTER 38, , NORTH OKANAGAN (SHUSWAP) REG HOSPITAL 618, , NORTH OKANAGAN REGIONAL DISTRICT 5,319, ,627, NORTHERN COMPUTER 49, , OKANAGAN AGGREGATES LTD 502, OKANAGAN REGIONAL LIBRARY 429, , PACIFIC BLUE CROSS 198, , PETER'S BROS. CONSTRUCTION LTD. 427, POSTILL NIXON EARTHWORKS 128, , POSTILL, R.E.& SONS LTD 132, , RECEIVER GENERAL FOR CANADA 1,517, ,284, REMAX VERNON TRUST ACCOUNT 50, ROCKY MOUNTAIN PHOENIX 29, ROYALE LANDSCAPING 252, , SEAL TEC INDUSTRIES LTD 52, , SPECIAL T CLEANING 132, , SUPER SAVE DISPOSAL INC 30, , TELUS COMMUNICATIONS (B.C.) INC. 31, , TEMPLE CONSULTING GROUP LTD. 32, THE HIGHLANDS AT KALAMALKA LAKE - 34, TISHENKO ALEXANDER 166, URBAN SYSTEMS LTD - 55, VERNON JUBILEE HOSPITAL FOUNDATION 55, VERNON, CITY OF 994, , WORKSAFE BC 59, , Payments to Vendors over $25,000 15,805, ,894, Payments to Vendors under $25,000 1,458, ,264, TOTAL PAYMENTS MADE $ 17,263, $ 15,158, NOTE: 2015 Comparative Amounts are only those amounts appearing in the 2015 vendor payment report over $25,000. Vendors showing 2015 amounts as zero may have received payments from the District in 2015 but were below the threshold of $25, P a g e

65 Statement of Financial Information 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. Patricia (Pat) Higgins Director of Financial Administration Jim Garlick Mayor, District of Coldstream May 9, P a g e

66 Photos for this report have been provided primarily by Debbie Gibson For additional copies of the 2016 Annual Report contact: Director of Financial Administration District of Coldstream 9901 Kalamalka Road, Coldstream, BC V1B 1L6 Tel Fax P a g e