Milestones 2019 2019 | Page 23

Full financial statements are available for viewing on the municipal government website, mdlsr.ca/Finance. A hardcopy is available at the Municipal District Administration Office in Slave Lake. STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2018 2018 ACTUAL 2017 ACTUAL $10,573,312 $21,305,963 FINANCIAL ASSETS Cash and temporary investments Receivables Taxes and grants in lieu of taxes 420,957 365,628 Trade and other receivables 1,766,288 721,459 Other long-term receivables 938,144 1,099,107 Debt charges recoverable Investments 2,250,005 2,484,783 14,184,627 19,409,797 30,133,333 45,386,737 3,467,761 1,747,720 331,288 344,275 2,209,204 16,167,629 168,160 239,661 LIABILITIES Accounts payable and accrued liabilities Deposit liabilities Deferred revenue Employee benefit obligations Liability for contaminated sites Long-term debt NET FINANCIAL ASSETS 338,210 338,210 4,828,190 5,325,368 11,342,813 24,162,863 18,790,520 21,223,874 111,546,511 97,714,615 1,741,339 1,290,870 216,161 212,464 113,504,011 99,217,949 $132,294,531 $120,441,823 NON-FINANCIAL ASSETS Tangible capital assets Inventory of consumption Prepaid expense ACCUMULATED SURPLUS Did you Know? The MD’s assets are property owned, controlled and/or used by local governments. These assets are managed directly or indirectly for the benefit of constituents to achieve local service delivery goals. The MD had assets valued at just under $112 MILLION at the end of 2018: LAND $2,734,801 ENGINEERED STRUCTURES $64,044,828 BUILDINGS AND FACILITIES $20,200,877 MACHINERY AND EQUIPMENT $4,214,212 VEHICLES $800,059 WORK IN PROGRESS $19,551,734 23