Annual Report - Year Ended December 31, 2021

The information in the in capital assets, such as roads, underground priorities, and the commitment to long-term Financial Statements for the year ended infrastructure, land and buildings, makes financial sustainability, have enabled the City December 31, 2021 reflects the results of the up the most significant portion of the to navigate this turbulent time. [...] navigate the challenges of running a Destination Greater Victoria and the business during the pandemic through the BC Restaurant and Food Services › Provided interim space for the Maritime services offered at the Business Hub, as Association to increase patronage Museum to reside adjacent to the Victoria well as a return of more regular inquires for of local restaurants and food/beverage Conferenc. [...] This survey has proven so valuable 30 Annual Report 2021 | city of victoria city of victoria | Annual Report 2021 31 the corporation of the city of victoria 32 Financials | Annual Report 2021 | city of victoria the corporation of the city of victoria FINANCIAL STATEMENTS OF The Corporation of the City of Victoria Year Ended December 31, 2021 city of victoria | Annual Report 2021 | Financials 33 th. [...] (l) Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the period. [...] The Police Department ensures the safety of the lives and property of Victoria as well as Esquimalt citizens through the enforcement of municipal bylaws, criminal laws and the laws of British Columbia, the maintenance of law and order; and the prevention of crime.