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Message 2024 Annual Report and Financial StatementsFor fiscal year ended December 31, 2024City of Kimberley, British Columbia

Table of ContentsKimberley City Council is pleased to present the 2024 Annual Report highlighting theCity's activities during the past year. The report is divided into three sections: Introductory Section: an overview of the City and departmental updates; Financial Section: audited reports and financial statements;Statistical Section: municipal facts and further information. INTRODUCTORY SECTIONMessage from the MayorMayor and CouncillorsStrategic Focus AreasMessage from the Chief Administrative OfficerContacts and Organizational ChartOfficial Community Plan: Key Performance IndicatorsDepartmental UpdatesOffice of the Chief Administrative OfficerCommunity Development and CommunicationsJack Ratcliffe Commitment to Community AwardHuman ResourcesOperations ServicesSpotlight: Bike Park RevitalizationParks and FacilitiesRoadsUtilitiesSpotlight: Still StandingCorporate AdministrationFinancial Services2024 Tax ExemptionsPlanning ServicesSpotlight: Wildfire ResilienceFire DepartmentPolice Services6891012141821222528313234363839444750545558Page 2518

FINANCIAL SECTIONCanadian Award for Financial ReportingMessage of Chief Financial OfficerConsolidated Financial StatementsIndependent Auditor’s ReportConsolidated Statement of Financial PositionConsolidated Statement of OperationsConsolidated Statement of Changes in NetFinancial AssetsConsolidated Statement of Cash FlowsNotes to Consolidated Financial StatementsSchedule 1 – COVID-19 Safe Restart GrantSchedule 2 – Growing Communities FundSchedule 3 - Local Government HousingInitiativeSTATISTICAL SECTIONMunicipal FactsPopulation DemographicsEmployment InformationRevenue by SourceGrants InformationExpenses by FunctionExpenses by ObjectSalary InformationSurplus and Net AssetsTangible Capital AssetsDebtDebt Servicing LimitProperty Taxes LeviedTaxable AssessmentTax RatesFlat Tax CollectionPrincipal Corporate TaxpayersKimberley Aquatic CentreDevelopment ActivityNon-Market Assessment Change AnalysisPage 36162646668697071729697981001011021031041051061071081091101111121131141151161171181199960

2024 Annual Report and Financial StatementsFor the Fiscal Year Ended December 31, 2024 City of Kimberley, British ColumbiaPrepared and submitted by: Corporate Administration,Finance Services and Community Development andCommunications, City of KimberleyCITY HALL, 340 Spokane Street, Kimberley, BC, V1A 2E8TEL 250-427-5311 FAX 250-427-5252 www.kimberley.caPage 4

Learn more about City of Kimberleymunicipal services and how the work ofeach department impacts residents.Introductory SectionPage 5

Message from Mayor Don McCormickMay 26, 2025On behalf of your City Council, and the entire staff at the City of Kimberley, I am excited to present theCity of Kimberley’s 2024 Annual Report. Each year, the City juggles many competing priorities. When the budget is finalized, operations andcapital projects have survived a rigorous evaluation process with one goal in mind – to deliverresident-expected services within responsible spending of taxpayer dollars. Taxation is managedtransparently, with taxpayers knowing exactly where the money is being spent and why we ask formore. There is tremendous pressure to allocate money to areas that we do not control and are notcompensated for by senior governments, such as housing and health. Local government’s role is toprovide what we refer to as core services – water, sewer, roads, solid waste and recreation facilities. Photo credit: Meadowsweet PhotographyPage 6

We manage:120 km of water infrastructure78 km of sewer infrastructure50 km of storm utilities79 km of paved roads18 km of unpaved roads…all of this inside our 61.6 square km boundaries. We do this with 81 full time employees which is roughlythe number we had 10 years ago. There are many areas outside of core services that impact life in Kimberley. Housing, healthcare, educationand community services are some examples. The City engages partners to facilitate these importantaspects of our community. We support them in this through community grants and permissive taxexemptions for our 50+ not-for-profits that total more than $800K per year; in-kind support including use ofCity facilities; collaboration with the Regional District of East Kootenay and other levels of government;supportive policies and bylaws; and more.This combination of core service work and support for various partners enables the City of Kimberley toprovide superior service levels through reasonable taxation.Inflation and infrastructure renewal are the primary factors in the 2025 tax increase, which equates to $201for the average single-family home valued at $572K. The major contributors (64% of the increase) are:$23.26 (12%) Inflation$65.91 (33%) Infrastructure Reserves $38.10 (19%) RCMP Inflation means that the cost of providing services has increased. If the City does not account for thisincrease, spending must be reduced which will impact service levels. All projects are fully funded for 2025 thanks to our healthy reserves and strong financial position. A hugethank you to management and staff for successfully navigating the fiscal challenges.The purpose of the Annual Report is to summarize the major activities and accomplishments that occurredthroughout the preceding year. It gives taxpayers, residents and other interested parties information aboutour activities and financial performance. Please do not hesitate to let us know how we are doing!Best regards,Don McCormickMayorPage 7INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

From left to right, back row: Councillors Kevin Dunnebacke, Sue Cairns, Woody Maguire, Diana FoxFront row: Councillor Sandra Roberts, Mayor Don McCormick, and Councillor Jason McBain.Photo credit: Meadowsweet PhotographyMayor and Council Members2022-2026Kimberley’s Council Members are elected by general election every four years. They have strong ties tothe community and are responsible for ensuring that Kimberley’s best interests are considered indecision-making processes. In 2024, Councillor Diana Fox was elected in a by-election, which is held tofill a vacancy on Council.Should you wish to contact Council, send an email to council@kimberley.caPage 8

Our ValuesTHE MAYOR, COUNCILLORS AND CITY EMPLOYEES COMMIT TO:Being Accountable, Responsive and TransparentBeing Progressive, Proactive, and PrincipledEnsuring that all City services are Efficient, Effective and EnvironmentallyResponsibleCity of Kimberley projects and initiatives align with six interconnected strategic prioritiesidentified by City of Kimberley Council. Look for these icons throughout the 2024 AnnualReport to see how the work we are doing supports these important goals. You can learn more about these priorities in the 2022-2026 Corporate Strategic Plan onthe City of Kimberley website, kimberley.caOur VisionEnsure that Kimberley is a good place to be.Vision, Values and Strategic Focus AreasCity of Kimberley - 2023 Annual Report - Page 8Infrastructure RenewalFinancial AccountabilityEnvironmental StewardshipInclusivity and CivilityEconomic ResiliencyRisk ManagementINTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPage 9

May 26, 2025 I’m proud to share the City of Kimberley’s 2024Annual Report with you. Each year, the Citypublishes the Annual Report to present theaudited financial statements for the year. This isthe City’s responsibility to the community, and itsupports Council’s strategic priority of FinancialAccountability. It is important for communitymembers to see these statements, and for theCity to be transparent about public funds andtheir use. To help community members better understandthe impact of the financial decisions of Council,the Annual Report also includes measures ofmunicipal service delivery, operational highlightsfor the year, and a look forward to the projectsand priorities that community members will seeover the next few years. These stories andimages demonstrate what the financial decisionsof Council mean for residents, and how our Cityis made better and more welcoming each year. Message from Chief Administrative OfficerJim HendricksThere were many highlights in 2024, all of whichhave supported an organizational shift towardlonger-range planning, building on past work toincrease effectiveness and efficiency, andenhancing outward communication to betterinform residents. Some of the more significantof these initiatives are shared below.Through thoughtful hiring and successionplanning, workforce development, andeducation, key roles were created or filled in away that will build internal capacity and supportthe long-term success of the City of Kimberley.The Accessibility Advisory Committee wasformed and began work on the City of KimberleyAge-Friendly Accessibility Plan, which Councilwill review in 2025. The Plan will provide animportant framework for decision-making thathelps staff incorporate an accessibility lens atthe project planning stage. Page 10

Early work on the Wastewater Treatment Plantproject in 2024 showed that the originalproposed plan would exceed the approvedbudget by $40 million and limit futureexpansion. Staff and the project team havedeveloped a revised plan to bring the costcloser to the approved budget, and theycontinue to work diligently to develop furtherrevisions and engage with funding agencies tokeep the project moving in a way that supportsthe long-range vision for the community,including sustainable wastewater management,community growth, and economicsustainability. Staff and Council have met and worked withstaff and Council at ʔaq̓am and the KtunaxaNation on multiple topics. While the City ofKimberley operates within a clearly definedboundary, the decisions made by ourcommunity impact the communities around us.Collaborating with our neighbours, includingour closest neighbours at ʔaq̓am, is importantfor ensuring that the long-term results ofdecisions benefit these relationships.The City introduced new tools in 2024 that willcontinue to support increased communityengagement in the years to come. Theresidents of Kimberley are valued partners inthe work that we do, and we hope that you willsee your feedback reflected in the work thathas been done this year, and the projects andpriorities on the horizon.Jim HendricksChief Administrative OfficerI am pleased to present to you the 2024 AnnualReport on behalf of a dedicated and mindfulCouncil and a talented team of staff who are allcommitted to ensuring that Kimberley is, andremains, a great place to be. Sincerely, INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPage 11Photo credit: Meadowsweet Photography

Mayor and CouncillorsMayor Don McCormickSue CairnsKevin DunnebackeDiana FoxWoody MaguireJason McBainSandra Robertscouncil@kimberley.caChief Administrative Officer (CAO)Jim Hendricksjhendricks@kimberley.caManagement Contacts and Organizational ChartAs at December 31, 2024Page 12

Fire ChiefWill Boothwbooth@kimberley.caAssistant Fire ChiefChad Koranckoran@kimberley.caAssistant Fire ChiefChris Sellarscsellars@kimberley.caAssistant Fire ChiefTrevor Knighttknight@kimberley.caManager of Planning andSustainabilityTroy Pollocktpollock@kimberley.caChief Financial Officer(CFO)Krista Waitekwaite@kimberley.caCorporate OfficerMaryse Lerouxmleroux@kimberley.caDeputy Corporate OfficerVicki Lucasvlucas@kimberley.caSenior Manager of OperationsNik Morissettenmorissette@kimberley.caManager of UtilitiesRob Toppingrtopping@kimberley.caManager of Roads andSolid WasteRyan Reynoldsrreynolds@kimberley.caManager of Parks andFacilitiesDean Predigerdprediger@kimberley.caProject ManagerRory Greggainrgreggain@kimberley.caManager of Human ResourcesLindsay Boltonlbolton@kimberley.caManager of Community Developmentand CommunicationsPamela Walshpwalsh@kimberley.caDeputy Chief Financial OfficerZach Singerzsinger@kimberley.caManager of Information TechnologyDave Hladydhlady@kimberley.caInformation TechnologyCoordinatorAaron Goosagoos@kimberley.caAdministrative AssistantJasmine Nelsonassistant@kimberley.caINTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPage 13Project Manager,Wastewater TreatmentPlantShane Castlescastle@kimberley.ca

2020 2021 2022 2023 20240200400600800100012002020 2021 2022 2023 20240%10%20%30%40%2020 2021 2022 2023 20240204060801002006 2011 2016 20210200040006000800010000INDICATOR: POPULATION GROWTHMunicipal population (StatisticsCanada Census) , % change TREND TARGET:Increase31.6% decrease (2024)32.2% decrease (2023) 34.9% decrease (2022)36.7% decrease (2021)36.5% decrease (2020)Official Community PlanKey Performance Indicators INDICATOR: CLIMATE ACTIONAnnual corporate GHG emissions(tCO2e), % annual change TREND TARGET:DecreaseThe Official Community Plan, Bylaw No. 2600, guides the City of Kimberley to make decisions that arealigned with the vision for our community, especially decisions related to planning and land use. This section outlines several indicators used to measure the progress and impacts of implementing theobjectives and policies identified in the Kimberley Official Community Plan (adopted February 2018). Theseindicators are a useful tool to monitor and report progress toward achieving the overall vision for thecommunity outlined in the Plan.1,033 (2024), 0.9% increase1,024 (2023), 4.2% increase 983 tCO2e (2022), 2.8% increase956 tCO2e (2021), 0.4% decrease960 tCO2e (2020), 10.3% decreaseINDICATOR: CLIMATE ACTIONAnnual corporate GHG emissions %change from 2007 baselineTREND TARGET:Decrease (Goal: 33% Decrease)INDICATOR: RISK MANAGEMENTArea of wildfire interface fuelstreatment (Fire Department) TREND TARGET:Increase55.3 ha (2024)92.1 ha (2023)41.5 ha (2022)36.4 ha (2021)10.0 ha (2020)8,115 (2021), 9.3% increase7,425 (2016), 11.6% increase6,652 (2011), 8.3% increase6,139 (2006) baselinePage 14

2020 2021 2022 2023 20240%10%20%30%40%50%60%2020 2021 2022 2023 20240500010000150002000025000300002020 2021 2022 2023 20240500001000001500002000002500002016 20230%20%40%60%80%100%2020 2021 2022 2023 20240200040006000800010000INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION26% of total units (2024), increase16% of total units (2023), decrease60% of total units (2022), increase40% of total units (2021), increase36% of total units (2020), decrease26,609 (2024), 25.9% increase21,135 (2023), 11.6% increase18,944 (2022), 8.3% increase17,493 (2021), 2% increase17,121 (2020), 34% decreaseINDICATOR: HOUSINGHousing diversity - % of new units assingle-detached housing (BP data) TREND TARGET:DecreaseINDICATOR: CLIMATE ACTIONTransit Ridership - all services and %change from previous yearTREND TARGET:IncreaseINDICATOR: TOURISM Value of Hotel Tax collected and %change from previous year (Finance)TREND TARGET:Increase$243,313 (2024), 7.8% increase$225,641 (2023), 38.2% increase$163,316 (2022), 16.3% increase$140,457 (2021), 43.3% increase$98,043 (2020), 35.3% decreaseINDICATOR: HOUSINGNumber of private dwellings, %occupied by usual residents (StatisticsCanada Census)TREND TARGET:Increase4263, 84.33% (2021) increase4225, 78.77% (2016)INDICATOR: POPULATION GROWTHAnnual municipal population estimate(BC Statistics), % annual changeTREND TARGET:Increase9,018 (2024), 2.0% increase8,674 (2023), 2.6% increase8,457 (2022), 1.0% increase8,376 (2021), 1.7% increase8,237 (2020), 2.0% increasePage 15

Official Community PlanKey Performance Indicators Continued2019 2020 2021 2022 2023020040060080010001200INDICATOR: CLIMATE ACTIONDaily average water consumption inlitres (L) per capita*TREND TARGET:Decrease1,099 L (2023), 1.7% increase1,080 L (2022), 0.5% increase1,095 L (2021), 0.3% increase1,097 L (2020), 7.5% decrease1,185 L (2019), 2.4% increase2019 2020 2021 2022 2023$0$500$1000$1500$2000$2500$3000INDICATOR: AFFORDABILITYCost per capita of City services+ TREND TARGET:Decrease$2,509 (2023), 10.1% increase$2,334 (2022), 3.5% increase$2,256 (2021), 2.5% decrease$2,315 (2020), 20% decrease$2,893 (2019), 17.7% increaseINDICATOR: PUBLIC SAFETY# of total calls for service and %change previous year (RCMP) TREND TARGET:Decrease2020 2021 2022 2023 202405001000150020001,909 (2024), 4.2% increase1,833 (2023), 1.5% increase1,806 (2022), 3.1% increase1,751 (2021), 10.3% decrease1,951 (2020), 2.4% increase2020 2021 2022 2023 202405,00010,00015,00020,000INDICATOR: TOURISM # of visitors to Visitor Centre; %change from previous year(Tourism Kimberley)TREND TARGET:Increase15,144 (2024), 21% increase12,522 (2023), 21% increase10,838 (2022), 130% increase4,714 (2021), 13% increase4,170 (2020), 52% decrease2020 2021 2022 2023 2024$0 mil$10 mil$20 mil$30 mil$40 mil$50 mil$60 milINDICATOR: ECONOMIC GROWTHValue of construction activity(millions) and % change fromprevious year (Building Permit data) TREND TARGET:Increase$32.74 mil (2024), 40.2% decrease$54.77 mil (2023), 54.63% increase$35.42 mil (2022), 47.7% increase$23.98 mil (2021), 28.2% increase$18.7 mil (2020), 41.8% decrease*reporting on this measure requires information from BC Statistics that is not available in timefor this report; each year this measure is reported one year behinduses Local Government Statistics and BC Statistics population estimate+Page 16

2020 2021 2022 2023 20240%20%40%60%80%100%2020 2021 2022 2023 20240%5%10%15%20%2019 2020 2021 2022 2023 20240.0%0.2%0.4%0.6%0.8%1.0%2019 2020 2021 2022 2023$0$50$100$150$2002019 2020 2021 2022 2023$0$50$100$150$200INDICATOR: AFFORDABILITYProportion of property taxescollected from residentialTREND TARGET:Decrease86.07% (2024) decrease87.28% (2023) decrease87.38% (2022) increase84.4% (2021) decrease84.5% (2020) increaseINDICATOR: ECONOMIC GROWTHProportion of property taxescollected from commercialTREND TARGET:Increase12.23% (2024) decrease14.82% (2023) increase11.02% (2022) decrease13.9% (2021) no change13.9% (2020) decreaseINDICATOR: ECONOMIC GROWTHProportion of property taxescollected from industrialTREND TARGET:Increaseabout 1% (no change, 2015 through2024)INDICATOR: AFFORDABILITYOperation and maintenance costs for water per capita*TREND TARGET:Decrease$140 (2023), 0.7% decrease$144 (2022), 8.5% increase$133 (2021), 8.4% decrease$145 (2020), 8% increase$134 (2019), 3.5% decreaseINDICATOR: AFFORDABILITYOperation and maintenance costs for sewer per capita*TREND TARGET:Decrease$160 (2023), 5.4% increase$156 (2022), 17.4% decrease$189 (2021), 39.17% increase$136 (2020), 7.4% increase$126 (2019), 8.7% increaseuses Local Government Statistics and BC Statistics population estimate+INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPage 17

Office of the Chief Administrative OfficerThe Chief Administrative Officer (CAO) oversees all departments, guiding and implementing Council’sstrategic priorities, policies, programs, and other directions. The CAO is Council’s chief policy advisor andhead of the administration. The CAO bridges communication between elected officials and City staff andadvises Council on the local government’s operations and affairs. The CAO also serves as a liaison to otherlevels of government, First Nations, community organizations, and neighbouring communities, and iscommitted to building and continuing existing relationships with these groups.Council’s Strategic Priorities set the direction for the Office of the Chief Administrative Officer.Page 18Infrastructure Renewal. The CAO is responsible for guiding the renewal of the City’sphysical assets and the work that informs the way these projects are prioritized. As thehead of City administration, the CAO facilitates collaboration between departments tomove major projects forward and ensure alignment to Council’s direction.Financial Accountability. The CAO takes the broadest view of City resources, ensuring thatpublic funds are directed toward Council priorities. Environmental Stewardship. The CAO leads the organization toward environmentallyresponsible development. As the City’s liaison to other governments, the CAO connectsthe organization to resources and advocacy necessary to deliver on this priority. Inclusivity and Civility. Through policy and procedure development, sound human resourcepractices, thoughtful succession planning, and a culture of learning, the CAO leads staff increating an inclusive, welcoming, and respectful environment for employees andcommunity members.Economic Resiliency. The CAO oversees strategies to support economic resilience,including guiding long-range planning, and facilitating partnerships with other orders ofgovernment, community organizations, and neighbouring municipalities.Risk Management. The CAO is Council’s primary advisor regarding risk. The CAO engageslegal and subject matter experts to inform recommendations to Council to identify,mitigate, and manage risks.

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION2024 HighlightsPhase 1 of Emergency Management and BusinessContinuity Plan 6 meetings of the Emergency ProgramManagement CommitteeGap analysis completed to identify a pathforward toward the development ofcomprehensive emergency planning for thecommunityPhase 1 of the Wastewater Treatment PlantProject Team established, project scopedefined, and pre-validation completed allowingfor commencement of the validation processPlant design, treatment process, and locationrevised to reduce costs and better reflect theCity’s commitment to sustainable wastewatermanagement while meeting the growing needsof our community and complying with allapplicable regulationsConsultation and collaboration with local FirstNations and relevant provincial ministriesongoing Projects completed to improve communication,engagement, and services for residents:New GIS system launched Major Capital Projects Story Map developedand annual plan createdEnhanced Engage Kimberley to better informthe public of significant projects and eventsImplemented Quarterly Administration Updateto provide Council and the community withupdates on relevant operational issues, thestatus of capital projects, and other pertinentinformation related to ongoing, or upcoming,City initiatives Continued engagement with the Ktunaxa Nationand ʔaq̓am. Priorities continued to be: Building relationships between staff andCouncilsUpdating the Memorandum of Understandingto make it a more meaningful and impactfuldocumentWastewater Treatment Plant consultationCouncil and senior staff participated in aBlanket Exercise to increase awareness andunderstanding of Indigenous history in Canada,and the impacts of colonizationCollective bargaining concluded after 12 sessionsresulting in the ratification of a 4-year agreementthat balances fairness and affordability during atime of significant inflationary challengesFilled the position of Chief Financial Officer whenCouncil appointed internal candidate, Krista WaiteOffice of the Chief Administrative OfficerAt a GlancePage 19

Office of the Chief Administrative OfficerAt a Glance2024 Highlights (continued)Continued work with the Province to addressurban deer issues leading to the removal andtesting of 26 deer in Kimberley in early 2025 tohelp curb the spread of Chronic Wasting DiseaseIn accordance with the Accessible BritishColumbia Act the Accessibility AdvisoryCommittee was formed and a consultant wasengaged to develop an Age-Friendly AccessibilityPlan to be completed in 2025Top Projects and Priorities for 2025 Wastewater Treatment Plant (WWTP)complete validation to confirm final designand project budgetcontinue to work with the WWTP team,ʔaq̓am, Ktunaxa Nation, and the ShuswapBand to achieve regulatory approvals andadvance project towards construction in2026 while working to identify additionalgrant opportunities to fund potentialinflationary budget overages Work with Senior Management Team to establishworkplans to refine annual departmental workplanning, develop consistency in long-rangeplanning, enhance accountability, and helpinform future Annual Reports Review service levels with reference to Councilexpectations and determine if staff capacityaligns with established goals and objectivesTop Projects and Priorities for 2025 (continued)Emergency Management and Business Continuity:update Emergency Measures Bylaw to alignwith Emergency and Disaster Management Actcontinue working with consultant to developformal plans, including Communications Plansconnect staff to training opportunities providedby the Ministry of Emergency Management andClimate Readiness to build capacitybegin development of the various componentsof the Emergency Plan as identified through the2024 gap analysis processFurther improve communication, engagement, andservices for residentsdevelop Formal Complaints and Public Conductpoliciesupdate Snow and Ice Management Policy andProcedureTop Projects and Priorities for 2026-2027Wastewater Treatment Plant (WWTP)secure incremental funding to coverinflationary cost increases if required commence multi-year construction phase in2026 with planned completion andcommissioning in Spring 20292026 General Election, onboard new CouncilStrategic Planning with 2026-2030 CouncilCommence bargaining prior to the expiration of thecurrent Collective Agreement in February, 2028Page 20

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONFinancial Accountability. Develop trust in the work we do. Build relationships with ourcommunity, raise awareness of City initiatives, encourage public participation in decision-making. Inclusivity and Civility. Create a supportive environment for the community organizationsthat complement the work we do by managing a transparent community grants programand amplifying the work of partner organizations.Financial Accountability. Acquire and be accountable for grant funding. Stay up to date onavailable grants and work to connect them to City priorities. Economic Resiliency. Celebrate our city. Provide opportunities for more people to see whatmakes Kimberley a good place to be by managing our community awards program,working with local, regional, national and international media on stories and projects thathighlight our community, and managing City promotional products.Community Developmentand CommunicationsPage 21The Community Development and Communications Department plays a vital role in Kimberley bysharing information with residents and overseeing community development initiatives. Thedepartment engages with residents to inform the City’s plans and programs, seeks and applies forexternal grants, administers the Community Grants Program, and supports local non-profits andcommunity projects.The department also manages the City’s reputation by fostering relationships through strategiccommunications. It delivers relevant information in preferred formats, raises awareness of Cityinitiatives, and enhances the City’s reputation. It also develops public participation programs to ensurecommunity input guides City decisions, encouraging two-way communication to strengthenconnections and build trust.How Community Development and Communications Supports Council’s Strategic Priorities:

Jack Ratcliffe Commitment to Community AwardThe City of Kimberley proudly presented Jim Websterwith the 2024 Jack Ratcliffe Commitment toCommunity Award in recognition of his extraordinarypassion and significant impact on the community.The award is presented annually to individuals whoselflessly enhance the quality of life for the communityand its residents. Jim Webster's contributions stand asa shining example of that commitment.Jim Webster has long been a driving force inKimberley, organizing a wide range of events thathave fostered connection, fun, and togetherness forgenerations of Kimberley residents and visitors. Hisefforts include co-founding the Kimberley NorthAmerican Orienteering Championships, Round theMountain, Symphony on the Mountain (three times),Ceilidh on the Mountain, the annual Ugly Sweater 5Kfood bank fundraiser and the Dusty Downhill, amongmany others.Mr. Webster’s dedication to improving his communityis evident in the countless hours he has invested intoplanning and executing these events, many of whichhave raised funds for charitable causes andsupported the local cultural scene. Through hisleadership, he has united people from all walks of life,making Kimberley a more vibrant and cohesive placeto live.Past Recipients of the Jack RatcliffeCommitment to Community Award:2023: Patrick Barclay2022: Carol Fergus2021: Clarence Uhll2020: Jack RatcliffeFrom left to right: Inaugural award recipient, Jack Ratcliffe, 2024 recipient, Jim Webster, and Mayor Don McCormickPage 22

Community Development and CommunicationsAt a GlancePage 232024 HighlightsLaunched Volunteer Kimberley Program,including two (Re)Discover Kimberley events tosupport awareness of non-profits and othercommunity supportsLaunched Local Organization Directory on theCity website to connect people with communitysupports: kimberley.ca/community/organizationsRevised Community Grants Policy to improvetransparency, accountability, and predictability: New Grant Evaluation Committee formedNew application forms createdSuccessfully implemented the first year ofthe new programImplemented Communications Plans for Citypriorities, including Water Conservation Plan,Wastewater Treatment Plant Project UpdatesContinued progress toward improved two-waycommunication with the residents of Kimberley,including new areas of measurement, such aswebsite activityDeveloped and implemented Council MeetingHighlights newsletter. Following each RegularMeeting of Council, subscribers receive emailswith high-level information about the topicsdiscussed at the meetingSuccessfully migrated the Engage Kimberleyplatform for public engagement to a newproviderCOMMUNITY GRANTS BY THE NUMBERSapplicants received project/event grantsawarded for projects and eventsorganizations received long-term grantsawarded in long-term grantsINTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

Press Releases Sent e-Newsleers Sente-Newsleer Subscribers YouTube Subscribers2021 2022 2023 20240100200300400500Twier (X) Followers Facebook FollowersFacebook Likes Instagram Followers2021 2022 2023 202401000200030004000500060007000Community Development and CommunicationsAt a GlanceTop Projects and Priorities for 2025Enhance City of Kimberley’s CommunicationsPlan to ensure clear, consistent and inclusiveengagement, internally and externallyUpdate the City of Kimberley website, informedby an audit of the current website, andrecommendations from the City of KimberleyAge-Friendly Accessibility PlanComplete service level review and developCommunications Department staffing planIncrease grant support from outside agencies forCity initiatives and programsWork with community members and localorganizations to improve awareness ofcommunity groups and enhance volunteersupport within Kimberley, especially forcommunity-wide events such as Canada Day andthe National Day for Truth and Reconciliation. Page 24ENGAGEMENT TRENDS IN OTHER MEDIASOCIAL MEDIA ENGAGEMENT TRENDSTop Projects and Priorities for 2026-2027Implement Communications Department staffingplanContinue to increase grant support from outsideagencies for City initiatives and programsContinue to work regularly with VolunteerKimberley Committee to support community-wide eventsKayla Wilson, CBAL (left) Cori Barraclough, Kimberley Lawn BowlingSociety (right) at (Re)Discover Kimberley

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONInclusivity and Civility. Create an environment that attracts and keeps the best talent todeliver top-notch City services. Provide a positive and productive staff experience for ourunionized and exempt staff.Risk Management. Promote and sustain a safe and healthy work environment and preventworkplace incidents, injuries, and illnesses. Ensure all employees come to work and gohome safely each day.HumanResourcesPage 25Comprised of the Manager of Human Resources, Payroll and Benefits Administrator, and casualPayroll Clerk, this department supports training and development, performance management,employee relations, occupational health and safety as well as labour law compliance, compensationand benefits, payroll and HR systems, and recruitment and selection for the City of Kimberley. How Human Resources Supports Council’s Strategic Priorities:

Page 262024 HighlightsSuccessfully completed 2024 Collective Bargaining,reaching an agreement in less time than the previoustwo agreementsFilled six key leadership positions, four internalcandidates were promotedContinued to implement processes and policies toqualify for WorkSafeBC’s Certificate of RecognitionprogramShowed significant improvement in employee healthand safety measures, shown in the graphs in thissectionTop Projects and Priorities for 2025Update Human Resources policies and proceduresdocuments and develop review scheduleEnhance Manager training by providing regular trainingsessions Top Projects and Priorities for 2025 (cont’d)Complete preparation work for WorkSafeBC’sCertificate of RecognitionContinue to improve employee satisfaction,demonstrated by improvement in key areas, asshown on the graphs in this sectionEnsure all employees complete annual bullyingand harassment training requirementTop Projects and Priorities for 2026-2027Achieve WorkSafeBC Certificate of RecognitionExpand staff capacity for WorkSafeBC’sCertificate of Recognition programContinue to improve employee satisfaction, andestablish the City of Kimberley as a top employerComplete Policy and Procedure review andupdate, and conduct related manager trainingHuman ResourcesAt a GlanceAREA: EMPLOYEE HEALTH AND SAFETYnumber of days employees missed work due towork-related injuryTREND TARGET:DecreaseAREA: EMPLOYEE HEALTH AND SAFETYnumber of claims where employees missed workdue to injuryTREND TARGET:Decrease2022 2023 20240123452022 2023 2024020406080100120AREA: EMPLOYEE HEALTH AND SAFETYpercentage (%) of employees on leave due to work-related injury who returned to work within 4 weeksTREND TARGET:Increase2021 2022 2023 2024020406080100Employee Satisfaction, Health, and Safety Measures

Page 27Human ResourcesEmployee Satisfaction, Health, and Safety MeasuresINDICATOR: OVERTIMEtotal amount of overtime hours worked by allemployeesTREND TARGET:DecreaseINDICATOR: INTERNAL CAPACITYpercentage (%) of positions filled internallyTREND TARGET:IncreaseAREA: EMPLOYEE RETENTIONpercentage (%) of employees who left the Citydivided by the average total number of employeesTREND TARGET:DecreaseAREA: EMPLOYEE ABSENCEpercentage of total work hours lost due toabsenceTREND TARGET:Decrease2020 2021 2022 2023 202405101520252020 2021 2022 2023 20240100020003000400050006000INDICATOR: EMPLOYER OF CHOICEaverage number of job applications received perjob postingTREND TARGET:Increase2020 2021 2022 2023 2024051015202020 2021 2022 2023 2024010203040506070AREA: EMPLOYEE RETENTIONaverage length of employment termTREND TARGET:Increase2020 2021 2022 2023 20240246810INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

Risk Management. The safety of our employees and the public is paramount. The Citystrives to eliminate all potential incidents through continued education, hazardidentification, and following industry best practices as well as applicable regulations. Infrastructure Renewal. The Department is primarily responsible for the ongoing andpreventative maintenance of City infrastructure and plays a key role in future planning forinfrastructure development, replacement, and capital projects. Environmental Stewardship. Deliver on many of the City’s environmental stewardshipinitiatives, such as greenhouse gas reductions, through fleet electrification, energyefficient facility upgrades, promotion and collection of organic waste and recycling, as wellas enhancing our active transportation network to encourage and allow for non-motorizedtransportation modes. Additionally, the City is actively working to improve its watersustainability through water conversation efforts, leak management as well as workingtowards replacing the wastewater treatment facility to improve the effluent quality enteringSt. Mary River. Risk Management. Operations Services plays a lead role in mitigating financial,environmental and safety risks. This is accomplished through ongoing and regularmaintenance of the City’s infrastructure, following safe work practices and sound policyadoption. OperationsServicesPage 28The Operations Services Department is responsible for the overall management of all works related tothe operation, maintenance and safety of the following infrastructure and City services:Utilities:WaterSewerStormPurchasingElectriciansIn this section, you will find information from the Operations Department, followed by a closer look atthe work of each of these divisions. How Operations Services Supports Council’s Strategic Priorities:RoadsTransportationSolid WasteFleetParks and FacilitiesEngineering, which includes capital project management

Photo credit: Meadowsweet Photography0 5INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONOperations ServicesAt a Glance2024 HighlightsNew Parks and Facilities Manager hiredProject Manager, Wastewater Treatment Plant hired,internal candidateThe Downtown Urban Design strategy wascompleted in August 2024. The final report providesa framework, plan, and guiding vision and principlesfor future development in the downtown coreCompleted the following key projects:Swan Ave Retaining Wall/Pathway repairs Knighton Road Realignment and multi-usepathwayBike Park Revitalization, in partnership withKimberley Trails Society Marysville ColumbariumMarysville Industrial Park Servicing Phase 1Top Projects and Priorities for 2025Continue the development of Asset ManagementPlans.Further incorporate risk management into assetmanagement planning Add natural assets to City’s asset registry andformalize an asset management plan for naturalassets, i.e. Watersheds, nature parks, naturaldrainage coursesFocus on facilities and developing a sustainableinvestment strategySuccessfully validate the Wastewater TreatmentPlant major upgrades construction project Page 29Top Projects and Priorities for 2026-2027Pending successful validation, commence multi-yearconstruction phase of Wastewater Treatment Plant in2026 with planned completion and commissioning in2029

Lightship is the City of Kimberley’s Public Portal for reporting operational issues. In 2024, City Operationsstaff received 640 inquires or requests on Lightship. Lightship allows residents to easily report issues in their neighbourhoods and receive fast service whenrequired. Find it here: kimberley.opsready.com Page 30Lightship

Page 31INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONBike Park RevitalizationIn 2024, the City of Kimberley partnered with the Kimberley Trails Society to revitalize the KimberleyBike Park. The new dirt jumps and pump track opened to the public in September 2024, bringing therenderings above to life, as shown below. The Kimberley Trails Society helps spread the word about how to enjoy the park safely andresponsibly, sharing tips on park etiquette, user maintenance, and safely enjoying its features.Photo credit: Kimberley Trails Society

The City of Kimberley Parks and Facilities department offers a wide range of services and facilities toKimberley visitors and residents.They are mechanically responsible for more than 12 buildings including the direct operation of theCivic Centre, Marysville Arena, and Kimberley Aquatic Centre. Additionally, the Parks and FacilitiesDepartment is responsible for the maintenance and operations of all City Parks, including the Platzland Cominco Gardens.The management of invasive plant and rodent control, upkeep of the cenotaph, all cemeteryoperations (grounds maintenance and interments), as well as support for many events such asJulyFest, First Saturdays, and other community events, are also part of the Parks and Facilitiesresponsibilities.Operations ServicesParks and FacilitiesPage 322024 FACILITY USAGE BY THE NUMBERSof ice time booked at theMarysville Arenaof ice time booked at the CivicCentretotal number of swim visits tothe Kimberley Aquatic Centre

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION2024 HighlightsCompleted final four remaining Building ConditionAssessments of City facilitiesMajor projects completed:Kimberley Gymnastics Club reconstructionTea House exterior and public washroomrenovations at Cominco Gardens Bike ParkTop Projects and Priorities for 2025Centre 64 stage, including seating, landscaping andpublic washroomComplete Cominco Gardens Rejuvenation projectComplete Public Works Building roof replacementContinue to implement invasive speciesmanagement planImplement and prioritize the recommendations ofthe Parks and Facilities Master Plan including:Develop Ice Facility Strategy to evaluate anddetermine the best long-term plan formaintenance or replacement of ice facilitiesTop Projects and Priorities for 2026-2027Continue to implement invasive speciesmanagement planContinue to implement and prioritize:2026 - Townsite Rink resurfacing2027 - Urban Tree Inventory and ManagementPlanCivic Centre Chiller replacementPage 33Parks and FacilitiesAt a Glance

The City of Kimberley Roads division’s role is to: Improve and maintain roads, laneways, bridges,trails, sidewalks and parking, including snowremoval, road repairs and street sweepingManage and maintain equipment and fleet Solid Waste management Garbage collection Organics collectionRecycle collection (contracted collection) Bin management Stormwater management Surface runoff and erosion control Roads Right of Way (ROW) maintenanceSum of Municipal Solid Waste (Tonnes)Sum of Recycling (Tonnes)Sum of Organics (Tonnes)2022 2023 2024020040060080010001200860.000215.000731.671225.960129.870503.855238.300421.860Operations ServicesRoadsPage 342024 HighlightsCompleted Knighton Road realignment to improvetraffic movements, provide better sightlines for Railsto Trails pedestrian crossing, and allow for up to 4developable lots; new multi-use pathway connectsupper Camp to urban trail networkSteel stairway condition assessmentsNew pedestrian-activated rapid flashing beacons onRotary Drive at Rails to Trails trailheadContinued sidewalk replacement and repairs with acontinued focus on BlarchmontFleet renewal:Unit 36 - Motor Grader for RoadsUnit 10 - 1 Ton pick-up truck for the PollutionControl CentreUnit 79 - Utility/Cargo Van for ParksAnnual road rehabilitation projects104 AvenuethHiggins StreetCreston Street lanewayCompleted Swan Hill retaining wall rehabilitation,including improvements to pathway and sidewalk

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONTop Projects and Priorities for 2026-2027Resurface and/or reconstruct roads withreference to Road Condition AssessmentUpdate Active Transportation Network PlanContinued fleet renewalRoadsAt a GlanceTop Projects and Priorities for 2025Complete a Road Condition Assessment toupdate 2019 data and evaluate the outcome ofthe annual road rehabilitation program over thelast 5 yearsPeak to Platzl pathway remediation plan,including stairs and retaining wallassessments2025 Active Transportation Project to install asidewalk along Marsden Street betweenWallinger Avenue and Rotary DrivePlanned fleet replacements of four keyvehicles and pieces of equipmentDevelop a new Snow and Ice ManagementPolicy for Council consideration and approval;update Snow and Ice Control Policy andManagement PlanPage 35THE ROLE OF THE ROADS TEAMBY THE NUMBERSof roadways maintainedof sidewalk maintainedof pathways maintainedvehicles and heavy equipment in City fleetaverage age of vehicles and equipment in fleetresidential bi-weekly garbage pick-ups

Operations ServicesUtilitiesThe City of Kimberley Utilities division is responsiblefor all works related to the operation, maintenanceand safety for the following systems and services:water treatment and distributionsanitary sewer collection and treatmentstorm water collectionelectricalpurchasing and inventory control to support allOperations Departments. The Utilities Department is also responsible for theoperation and maintenance of its related facilitiesand infrastructure required for delivery of theseservices to the City, such as the WastewaterTreatment Plant, Mark Creek Dam, NorthstarPumphouse, Mark Creek Head Tank, Matthew CreekIntake, and other related reservoirs, pressurereducing stations, and water treatment facilities. Page 36

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONUtilitiesAt a Glance2024 HighlightsCompleted about 560m cured-in-place sanitarysewer main lining on McKim trailImproved aeration blower piping at Pollution ControlCentre to increase efficiency and maintaincomplianceCompleted Phase 1 of the Marysville Industrial ParkServicing projectDesign of the new Lois Creek pressure reducingvalves (PRV) station was completed, to replace thecurrent aging and undersized station Top Projects and Priorities for 2025Design for Mark Creek head tank UV treatmentfacilityMajor Projects:Wallinger Avenue East and St Mary's Avenuecapital infrastructure replacement of waterline Replace 302 Avenue – 303 Street watermain nd rdMorrison sewer liningMorrison PRVLois Creek PRV Station construction beginsComplete action plan and address high priorityrecommendations from the 2024 dam safety review;address critical deficiencies; develop action plan toaddress non-critical deficiencies over the next 5yearsWater supply studyContinue to work with Interior Health on the City’swater system permitUpdate and renew the Water Loss Management PlanImplement water conservation measuresincluding community outreach and education.Update and renew an Inflow and Infiltration (I&I)Management Plan to reduce I&I into the City’ssanitary systemPage 37Top Projects and Priorities for 2026-2027Morrison Sub – sanitary sewer lift station upgrades Continue to implement recommendations from:Dam safety reviewWater Supply StudyWater Loss Management PlanInflow and Infiltration Management PlanComplete Lois Creek PRV station construction

Still Standingstarring Jonny HarrisPage 38Season 10, Episode 5CBCAir date: November 12, 2024In March, Jonny Harris and the Still Standing crewvisited Kimberley to explore how the city hasevolved from a mining hub into a thriving year-round tourist destination.Dale McBain, a second-generation Kimberleyminer, guided Harris through the iconic Platzl,sharing stories from both his and his father’sdays in the mines. His insights offered anauthentic glimpse into Kimberley’s miningheritage and the importance of the Sullivan Mineto local families.Alex Ibbotson, owner of Canada BackcountryServices, took Harris into the local backcountryfor a quick lesson in snowmobiling and avalanchesafety. She also shared her family’s deep roots inguiding, which trace back to the 1800s.On a Sunday night, Sarah O’Hearn and NicoleLeclair welcomed Harris to The Shed for SheddyBingo—a lively event that supports the KimberleySchool Lunch program and brings the communitytogether for a fun night out.Throughout the episode, viewers will spotcameos of beloved local legends, featured inshots of the audience, local businesses, andeveryday life in Kimberley.Photos provided by CBC, used with permission.Watch the full episode at https://gem.cbc.ca/still-standing/s10

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONInclusivity and Civility. Build relationships with our community through a commitment toadministrative fairness, transparency, and consistency. Support the work of theAccessibility Advisory Committee. Custody and oversight of City policy manual.Management of City’s online document portal, including public access to bylaws, policies,agendas, minutes, staff reports, etc.Risk Management. Manage the City's administrative operations, including legislativecompliance, bylaws, legal matters, records management, elections, and requests underthe freedom of information and protection of privacy legislation. Liaise with the RCMPdetachment. Custody of City bylaws and agreements. Help Council Make Decisions. Provide support to Management Team to write and presenteffective staff reports to Council. Prepare and publish meeting documents, such asagendas and minutes. Support the administrative needs of the Mayor and Councillors aswell as the Chief Administrative Officer. Plan and manage Council and Committee of theWhole meetings. Manage City Council Advisory Committees. Page 39Corporate AdministrationThe Corporate Administration Department works closely with the Chief Administrative Officer andCouncil to ensure that Council’s decisions are carried out. The team is responsible for the preparationand dissemination of Council agendas and minutes, maintenance and access to corporate records,including bylaws, policies and contract administration. It also administers local government andschool district elections. The department provides legislative services and support with legal matters.In addition, Corporate Administration oversees bylaw enforcement and animal control.How Corporate Administration Supports Council’s Strategic Priorities:

Support for Council andCommittee of the Whole MeetingsWhen additional business requires it,a Special Meeting is scheduled.Committee of the Whole meetings areheld when items require a lot ofdiscussion before being placed on aRegular agenda. The Corporate Administration team plays a key role in connecting the community to City Council.Items that require Council’s attention are funneled to the Corporate Administration team, triagedaccording to timeliness, and presented with the appropriate context and professional expertise toempower Council to make sound decisions. Here is what Council Meetings looked like in 2024:Regular Council MeetingsSpecial Council Meetings Committee of the Whole Meetings Closed Meetings Kimberley City Council meets regularlyon the 2nd and 4th Monday of eachmonth. Closed meetings are held when a levelof confidentiality is required, inaccordance with Section 90 of theCommunity CharterDelegations are formalpresentations from organizations orgroups at a Council Meeting.Delegations presented to CouncilItems of Correspondence wereincluded on Council agendasCorrespondence includes emails andletters from residents and others.Council Procedure Bylaw No.2598, 2017 governs petitionspresented to Council. Petitions were receivedPublic Hearings were held Public Hearings are governed bythe Local Government Act, andare usually related to land use.Reports are prepared by staff toprovide professional expertiseand context that helps Councilmake a decision. Reports were prepared forCouncil in 2024Resolutions were consideredby CouncilResolutions are the formal decisionsof Council.Page 40

Corporate AdministrationAt a GlancePage 412024 HighlightsCoordinated September 2024 by-election to fillvacant position on CouncilCompleted a workshop to assist Council with aCity Council Code of Conduct, to be adopted in2025Grant funding secured and consultant engagedto develop the City of Kimberley Age-FriendlyAccessibility Plan with support from staff and theAccessibility Advisory Committee Coordinated and facilitated Indigenouseducation and relationship building activities,including one Joint Council Meeting with ʔaq̓amand a blanket exercise for Council and theManagement TeamRecords Management projectsRecords Management Gap Analysiscompleted by consultantHosted representatives from BC’s fourteenresort municipalities at the Resort CommunitiesCollaborative. This included two and a half daysof working together, and opportunities to showoff Kimberley’s local businesses and uniqueamenitiesWorked with Ministry of Housing and MunicipalAffairs to implement the Short-Term RentalProvincial Registry and used tools availablethrough the registry to gain complianceContinued work on safe work practices for BylawEnforcement Officer; Bylaw Enforcement Officertook part in use of force and de-escalationtraining2024 BY-ELECTION BY THE NUMBERScandidates for Councillor new voters were registeredballots were castof eligible voters votedINTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

Top Projects and Priorities for 2025Bylaw and Policy development, reviews, andupdates:Complaints PolicyPublic Conduct PolicyCouncil Code of Conduct PolicyCorrespondence PolicyCouncil Procedure BylawStreets and Traffic Bylaw Municipal Ticket Information Bylaw Council Remuneration BylawHost 2025 Association of Kootenay andBoundary Local Governments Conference andAGMPrivacy Management ProgramRecords Management initiatives:Enhance user experience in the City’s publicfacing document portalOngoing conversion to electronic recordsmanagementStart implementation of automatedworkflows, such as licensing approvalsPublic engagement, preparation and adoption byCouncil of the Age-Friendly Accessibility Plan Business Continuity Plan for CorporateAdministration focusing on vital records andbusiness impact analysisRelationship building with ʔaq̓am Council Review and update Memorandum ofUnderstandingCommunity to Community Joint CouncilMeetingsIndigenous Corporate Training for Counciland staffConsultation on major projects, such asWastewater Treatment Plant and EmergencyManagementCorporate AdministrationAt a GlancePage 422022 2023 2024050100150200250Property Information Requests164Standard Requests23Average number of viewers per meetingNumber of public meetingsYouTube subscribersGOAL: IMPROVE THE ACCESSIBILITYOF COUNCIL MEETINGS2023 FREEDOM OF INFORMATIONACT REQUESTS0 200 400 600 800 1000Calls for serviceOfficer-driven complianceDog licencesMunicipal TicketsSummons to appearEducation initiatives84023780219854BYLAW ENFORCEMENT ANDANIMAL CONTROL

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONCorporate AdministrationAt a GlancePage 43Top Projects and Priorities for 2025Complete service level review and implementstaffing planCorporate ServicesBylaw EnforcementPrivacy compliance requirements for addition ofbody camera to Bylaw Enforcement OfficeruniformUpdate Municipal Ticket Information Bylaw Improve bylaw compliance and residentawareness of municipal regulations, includingshort-term accommodation bylawIncrease number of bylaw education initiatives,including attendance at Farmers’ MarketDevelop bylaw education campaign for socialmediaBylaw Enforcement and Animal ControlOccupational Health and Safety requirementsTop Projects and Priorities for 2026-2027Records Management initiatives:Complete transition to electronic recordsmanagementComplete staff training On-going conversion of archives for inclusionin electronic records management systemPrivacy Management ProgramComplete staff training2026 Local Government ElectionsNew Council Orientation 2026-2030 Council Strategic Planning

Financial ServicesThe role of the Financial Services Department is to account for what has happened at the City throughaccounts management, recording and reporting; to plan for what will happen through assetmanagement and the budget process; and to manage risk of what might happen through insurance,liability, and cyber security management. Led by the Chief Financial Officer, the Financial Services Department provides finance leadership tothe City. This team carries out statutory responsibilities related to the receipt and expenditures offunds, investments, asset management, financial reporting, and preparation of annual long-termoperating and capital budgets; setting and collecting tax and utility rates and fees; front counterservices to residents who visit City Hall; inventory control; and information technology.How Financial Services Supports Council’s Strategic Priorities:Financial Accountability. Manage the City's financial operations, including developingbudgets and financial plans, adhering to statutory requirements related to the receipt andexpenditure of funds, and setting and collecting rates and fees. Onboard and offboardemployees in a way that protects the City’s information and network.Inclusivity and Civility. As the first point of contact for most City business, strive to providebest-in-class customer service related to general inquiries and customer accounts.Connect residents and visitors with the appropriate City department to answer theirquestions or manage their request. Provide timely and accurate information about basicCity operations to in-person, email, and telephone inquiries. Manage City Hall mail anddeliveries.Risk Management. Promote and sustain a cybersafe work environment and preventbreaches. Ensure all employees complete training and adhere to the City’s cyber safetyprotocols. Maintain and manage information technology assets.Page 44

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION2024 HighlightsTemporary Borrowing Bylaw for WastewaterTreatment Plant (WWTP) project adoptedThe $90.6 million project has been approvedfor grant funding of 73.33% under the Investingin Canada Infrastructure Program (ICIP). Theremaining 26.67% is the responsibility of theCityThe anticipated borrowing amount, as definedin the Five Year Capital Plan, totals$23,225,000The bylaw will provide the necessary authorityto borrow funds in advance of the long-termdebenture borrowing so that the cashrequirements for the WWTP project can be metwithout negatively impacting the fundsavailable for routine operationsAsset Management: Attended quarterly AssetManagement Committee meetings where Financestaff: Collaborated with other departments to alignAsset Management goals with a focus on usingthe information to inform future capital plansImproved inter-departmental informationsharingThe City of Kimberley 2023 Annual Report andFinancial Statements was recognized by theGovernment Finance Officers Association with theCanadian Award for Financial Reporting Page 45Financial Services At a GlanceGOAL: IMPROVE STAFF COMPLIANCE WITHCYBER SECURITY TRAINING2023: COMPLETE OR IN PROGRESS - 44.9%2024: COMPLETE OR IN PROGRESS - 96%2024 Highlights (continued)Several improvements were made to theinformation technology landscape:Enhanced security, reliability andbusiness continuity through investmentsin network access points, mobile devicemanagement and cellular connections tovital infrastructure Municipal financial software migration tothe cloud to simplify its managementMigrated to Teams Phone to recognizecost savings and enable Microsoft 365integration

Financial Services At a GlancePage 46Top Projects and Priorities for 2025 Continue to refine the budgeting process, includingresearch budget software solutionsOffer e-billing option for quarterly utility billsEstablish Reserve Fund Policy to set minimum andmaximum balances and annual contribution levelswith a goal of reaching Asset ManagementInvestment Plan recommendationsConsider Development Financing InitiativeProgram: Additional funding source for majorcapital projects impacted by new development Continue to improve information technologylandscape through investments in training,hardware and software upgrades, power systems,etc. Ongoing staff training to reduce cyber threat Security assessment and improvementsIncrease network reliabilityRisk Management and IT Business Continuityassessment and improvementsOffice 365 deployment to improve userexperienceSharePoint planning for cloud recordsmanagementMonitor continually emerging IT trends andcyber security threats and implement systemupgrades and training programs accordinglyReceive the 2024 Government Finance OfficersAssociation (GFOA) Canadian Award for FinancialReporting Policies and Procedures:Implement Insurance Claim HandlingProcedureUpdate Travel and Expense PolicyCreate Reserve Fund PolicyResearch local government accounting software Top Projects and Priorities for 2026-2027Acquire and implement accounting softwaresolutionOffer e-billing option for property tax noticesContinue to improve cybersecurity throughinvestments in training, hardware andsoftware upgrades, power systems, etc. Monitor continually emerging IT trendsand cyber security threats andimplement system upgrades and trainingprograms accordinglyReceive the GFOA Canadian Award forFinancial Reporting

FolioCivic Address / Legal DescriptionOwner/Lessee Municipal Tax Exempted 215-01494.1001545 Warren AvenueSAVE-ON-FOODS LTD * $ 50,882215-03325.000260 - 4th AvenueOwned by the Kimberley Health CentreSociety - the unleased area of the KimberleyHealth Centre; the area occupied by theInterior Health Authority and commonlyknown as the IH Urgent Care Clinic; the areaoccupied by the Kimberley Health CareAuxiliary for the purpose of operating amedical equipment loan cupboard; the areaoccupied by Healthy Kimberley (KimberleyWellness Foundation) for the purpose ofoperating a food recovery program. $ 47,828 215-06092.005All those parcels or tracts of landbeing the surface of mineral claim lots2993, 5632, 13800, 13810, 13811,13812, 13813, 13814, 13815, 13818,13819, 13820,13821, 13822, 13823,13824, 13825, 13949, 13974,13975,and 14282.Owned by the Crown, occupied by theKimberley Nordic Club for cross-countryskiing, hiking mountain biking. $ 37,635 215-07005.000DL 11311 and 13347, KLD located atNAD83, UTM Zone 11, UTM ZoneNorthing 5502507, UTM Easting575802Teck Metals Ltd., commonly known as theSunMine ** $ 31,956 215-06008.000600 St. Mary Lake RoadScout Properties (BC/Yukon) Ltd, occupied bythe Kimberley Scouts, commonly known asCamp Stone. $ 20,949 215-06141.000840 North Star DriveCity of Kimberley, occupied by the KimberleyNordic Club, 100% of improvements ownedby the Kimberley Nordic Club. $ 20,072 215-02418.01064 Deer Park AvenueCity of Kimberley, occupied by the KimberleyArts Council commonly known as Centre 64. $ 10,670 215-01659.300600 Church AvenueKimberley Seniors Project Society commonlyknown as the Pioneer Lodge. $ 7,543 2024 Tax ExemptionsEstablished by Bylaws 2558, 2642, 2644 and 2749* Exempted under section 226 of the Community Charter as a Revitalization Tax Exemption (Bylaw No. 2558, 2016)* * Exempted under section 226 of the Community Charter as a Revitalization Tax Exemption (Bylaw No. 2644, 2019)Page 47INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2024 Tax Exemptions ContinuedFolioCivic Address / Legal DescriptionOwner/Lessee Municipal Tax Exempted 215-01198.0002015 Warren AvenueCity of Kimberley occupied by theKimberley Gymnastics Club. $ 6,234 215-03000.000111 - 115 Gerry Sorensen WayTeck Metals Ltd., occupied by theSullivan Mine & Railway HistoricalSociety. $ 5,782 215-05557.000660 - 306th StreetScout Properties (BC/Yukon) Ltd,occupied by the Kimberley Scouts,commonly known as Resker Hall. $ 5,591 215-02342.100270 Kimberley AvenueCity of Kimberley occupied by TourismKimberley commonly known as theTourist Information Centre. $ 5,242 215-02289.000140 Howard StreetKimberley Health Care Auxiliarycommonly known as the Kimberley ThriftStore. $ 4,913 215-02270.000250 Howard StreetYouth for Kimberley Society Inc.commonly known as the Spark YouthCentre. $ 4,588 215-01655.000255 Knighton RoadKimberley Helping Hands Food BankSociety $ 4,148 215-01660.002395 Marsden StreetCong Fellowship Baptist Church $ 4,029 215-02601.000502 Church AvenueRoman Catholic Bishop of Nelsoncommonly known as the KimberleySacred Heart Catholic Church. $ 3,966 215-02269.000240 Howard StreetKimberley Elks Club $ 3,631 215-05467.000665 - 304th StreetKimberley Congregation of Jehovah'sWitnesses $ 3,248 215-04030.00073 - 101st AvenueKimberley Independent School Society $ 2,656 215-02665.00099 Boundary StreetSt. Andrews Presbyterian Church $ 2,485 215-05327.000730 -302nd StreetLaura Keer Memorial Community Church $ 2,342 215-02425.00010 Boundary StreetTrustees of the Kimberley Congregationof the United Church of Canada $ 1,247 Page 48

2024 Tax Exemptions ContinuedFolioCivic Address / Legal DescriptionOwner/Lessee Municipal Tax Exempted 215-01659.200650 Church AvenueKimberley Seniors Project Societycommonly known as the Pioneer Lodge. $ 1,076 215-01659.100650 Church AvenueKimberley Seniors Project SocietyCommonly known as Lion's Manor. $ 844 215-07025.000DL 6578, KLD, except Plan 1679, 2625; located at NAD83, UTM Zone 11, UTMNorthing 5502574, UTM Easting 574427Teck Metals Ltd., commonly known asthe road to SunMine ** $ 778 215-08011.000400 Jim Ogilvie WayTeck Metals Ltd., occupied by the City ofKimberley Chlorination Plant. $ 579 215-03900.000DL 2999, KLD, except Plan 1673, 1907,2131, 2359, 3043, 3094, 4043, 4349,4368, 5128, 6496, 6579, 7329, andexcept Plans 8783, 8932, except ParcelA. Teck Metals Ltd., occupied by the City ofKimberley for the City Chlorination Plantand land used by the Sullivan Mine &Railway Historical Society. $ 365 215-06096.000DL 2371, KLD, within 13796 (EAU MC),except Plans 12151, 04656 & NEP19217.Teck Metals Ltd., occupied by the City ofKimberley for the Peak to Platzl trailsystem. $ 264 215-03902.000DL 3069, KLD, except Plans 10140,14656, 12151 & NEP19217.Teck Metals Ltd., occupied by the City ofKimberley for the Peak to Platzl trailsystem. $ 219 215-03945.000DL 4688, KLDS, except Plan NEP63978TramwayTeck Metals Ltd., and occupied by theSullivan Mine & Railway HistoricalSociety. $ 152 215-07028.000DL 6080, KLD 26Teck Metals Ltd., occupied by theSullivan Mine & Railway HistoricalSociety. $ 97 215-03946.000DL 12525, KLD, except Plan 12151 PaulineFR MCTeck Metals Ltd., occupied by theSullivan Mine & Railway Historical Society. $ 44 Total Municipal Property Taxes Exempted$ 292,055Page 49Source: City of Kimberley Finance Department* * Exempted under section 226 of the Community Charter as a Revitalization Tax Exemption (Bylaw No. 2644, 2019)INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

Planning ServicesThe Planning Services Department, led by the Manager of Planning and Sustainability, is responsible forthe development of Kimberley’s built environment and stewardship of the natural environment. Supportsinclude a Planning Technician, Planner, Senior Planner and two Building Inspectors who work together toensure the community is aligned with the Official Community Plan and other municipal strategies,policies and bylaws as well as statutory requirements of the provincial and federal governments.How Planning Services Supports Council’s Strategic Priorities:Environmental Stewardship. Lead the City’s efforts related to climate action, including workwith BC Transit to increase ridership.Inclusivity and Civility. Make sure that the little details support the bigger picture by leadingdata-informed decision-making efforts related to development. Custody and managementof long-term planning documents. Economic Resiliency. Manage land use and development approvals, building permittingand inspections, tracking and reporting on Official Community Plan key indicators. Supportshort-term rental and business licence review.Risk Management. Manage city-owned lands, including disposition, acquisition,encroachments, covenants, and statutory rights of way.Page 50

2019 2020 2021 2022 2023 20240102030405060708090100110120130140150160321233068320 20241056291442237241612968241471071522081434762020 2021 2022 2023 202401020304050602020 2021 2022 2023 202405,00010,00015,00020,00025,00030,0002020 2021 2022 2023 202402004006008001,0001,2002020 2021 2022 2023 202402,0004,0006,0008,00010,000Accessory Dwelling UnitsMulti-Family UnitsPlanning and SustainabilityBy the Numbers The Planning Services Department leads the work in the majority of areas related to housing andconstruction permitting, environmental sustainability initiatives and community planning. Check outthe Official Community Plan Key Performance Indicators on page 14 for more interesting trends.GOAL: INCREASE THE DIVERSITY OF AVAILABLE HOUSINGGOAL: INCREASE PERMIT CONSTRUCTION VALUESGOAL: INCREASE TRANSIT RIDERSHIPALL SERVICESannual transit ridership(all services)Single Family/Mobile Units Two Family/Duplex UnitsMixed Commercial/Residential Unitsnew units by typeTotal New Dwelling Unitstotal value of permits in millionsGOAL: DECREASE CARBON EMISSIONSGOAL: INCREASE TRANSIT RIDERSHIPKIMBERLEY-CRANBROOK COMMUTERannual KC Commuter ridership total annual emissions 0Page 51INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION0 0

2024 HighlightsProjects and policy initiatives:Building Bylaw updated - Code changesConstruction compliance – section 57 Noticeon TitlesRadon AwarenessShort Term Rental complianceDowntown Design StrategyPolicy/regulatory review: Drive-throughs andgas stations Update Zoning Bylaws 1850 and 2016 toincorporate small-scale, multi-unit housingrequirementsIncrease Transit Ridership:Participated in Regional Transit StudyMemorandum of Understanding signed toexpand Route 22 Kimberley-CranbrookCommuter ServicePeak to Platzl Winter Shuttle route andschedule expanded for 2024/2025 seasonService level reviewdeveloped Planning Services staffingrestructure planHousing Needs Assessment completedInterim Housing Needs Report presented toCouncilCity of Kimberley - 2023 Annual Report - Page 47Planning ServicesAt a GlancePage 52

Planning ServicesAt a GlanceINTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONTop Projects and Priorities for 2025Hire and onboard Planning Technician and SeniorPlannerUpdate Official Community Plan (OCP) policies,development permit area guidelines, and zoningbylaws; ensure alignment to enable the 5-, 10- and20-year housing needs identified in the InterimHousing Needs Report (HNR)Begin multi-phase project to review and updatedevelopment approvals procedures to improveefficiency, clarity, and consistency; initial phase toconsider delegation of decision authority andpermitting softwareSubdivision and Development Servicing bylaw updateContinue to enhance Transit services to expandridership:Continued work with regional partners Expand Route 22 Kimberley-CranbrookCommuter Service, as captured in 2024Memorandum of UnderstandingTop Projects and Priorities for 2026-2027Continue multi-phased review development approvalprocedures to improve efficiency, clarity, andconsistency considering complex projects, off-siteinfrastructure impacts, and development financingReview short-term rental (STR) bylaw in context ofnew provincial requirements, review zoning for STRuses in context of accommodation and housingneedsClimate Action Plan refreshReview Investment Incentive Program to expandcommercial and industrial tax revenuePage 53units of housing5-year (by 2026) 10-year (by 2031) 20-year (by 2041)0500100015002000INTERIM HOUSING NEEDS REPORTLearn more about the Interim Housing NeedsReport, including the next steps, atkimberley.ca/sustainability/housing

Wildfire Resiliencethrough Fuels ManagementPage 54In 2024, national and international media highlightedhow East Kootenay communities are working together toreduce wildfire risk.On January 8, 2024, The Globe and Mail reported on aprescribed burn led by ʔaq̓am First Nation in April 2023that helped slow the St. Mary River wildfire that July. Thearticle explained how prescribed burning lowers wildfirerisk. The City of Kimberley Fire Department helped carryout the burn. The photos in this story show Kimberleyfirefighters preparing for burns, and the impact of thiswork. The City supports ʔaq̓am, Cranbrook, and theRegional District of East Kootenay on projects that buildwildfire resilience in our region.In a February 29, 2024, CBC article, Marina vonStackelberg investigated federal support for wildfireprevention, including prescribed burns. MayorMcCormick called for more funding, saying forests mustbe better able to manage fires on their own to protectcommunities.On August 9, 2024, Detroit Free Press reporter KeithMatheny covered the role of cultural burning byIndigenous communities across B.C., includinghighlighting how the April 2023 burn helped hold backthe St. Mary River fire. Mayor McCormick spoke toMatheny about the City of Kimberley’s multi-year fuelstreatment plan. read the article at bit.ly/Kimberley-GlobeandMailread the article at bit.ly/Kimberley-CBC read the article at bit.ly/Kimberley-DetroitFreePress

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONFire ServicesThe Fire Services Department ensures the safety of the residents of Kimberley through fire prevention,risk mitigation, and emergency response. The primary mission of Fire Services is to save lives, protectproperty, and protect the environment. This is completed through fire prevention activities, whichincludes enforcing the BC Fire Code for businesses, hotels, and public buildings to ensure publicsafety, and re-inspection of previously cited violations. Prevention is also comprised of publiceducation initiatives, including partnerships with local schools, and fuels management, which includesidentifying treatment units, community engagement, forest thinning, slash pile burning, andprescribed burning. How Fire Services Supports Council’s Strategic Priorities:Environmental Stewardship. To mitigate wildfire risk, Fire Services leads fuelsmanagement in Kimberley’s area woodlands.Risk Management. Fire Services is the first response mechanism for emergencies inKimberley. Fire Services leads the City's efforts in prevention and preparation in a numberof ways, including community education and awareness, firefighter training, fire codeenforcement, and emergency planning.Page 55

Fire ServicesAt a Glance2024 HighlightsProvided call-force training for Kimberley FireServices Department members and work towardcompletion of call-rank National Fire ProtectionAgency 1001 Training ProgramCompleted Phase 1 of Emergency Managementand Business Continuity Plan Gap AnalysisCombined Fire Department long-term andstrategic planning projects to develop a scope ofwork for a Fire Department Master PlanContinued to refine Community Wildfire ResiliencyPlan to be presented to Council in 2025Developed multi-agency emergency managementtabletop training exercise for staff that will supportthe City’s emergency operations center in anemergencyINCIDENT RESPONSES BY TYPETOTAL: 188ExtinguishersEmergency LightsElerical ServiceVisible AddressExit/Fire DoorsFire Safety PlanExit Passage WaysFire SeparationsExit SignsFire Alarm SystemStorageCommercial Cooking EquipmentFlammable LiquidsCompressed GasesHousekeepingLockboxesAccessFire Department ConneionsHydrantsOther - Dryer SignageWaste Containers05101520253035332420 201614131211764 42 2 21 1 1 1 10 10 20 30 40 50Automatic AlarmMotor Vehicle AccidentAmbulance AssistCarbon Monoxide Deteor AlarmPublic ServiceBack Yard BurningFalse AlarmNatural Gas LeakFire UnclassifiedSmoke ReportElericalFirst AidGrass/Bush FireStruural FireVehicle FireChimney FireHazardous MaterialRubbish462723141412887753333221Page 56FIRE CODE VIOLATIONS BY TYPE

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONFire ServicesAt a GlanceTop Projects and Priorities for 2025Guide project development of the Fire DepartmentMaster PlanGuide project development of the EmergencyManagement and Business Continuity PlansIncrease staffing levels to full complementContinue aggressive fuel mitigation of thesurrounding forestsCommunicate and engage with residentsregarding emergency planning, including how toprepare for an evacuation and how to use theCity’s online evacuation mapsContinue to work with partners to develop annualmulti-agency emergency management trainingexercisesTop Projects and Priorities for 2026-2027Implement recommendations of the FireDepartment Master Plan and changes to the FireSafety Act, including review of the Fire ServiceBylawContinue aggressive fuel mitigation of thesurrounding forestsPage 57FIRE SERVICES BY THE NUMBERSof training hours completedmembers completed NFPA 1001investigated fires reported to theOffice of the Fire Commissionerreported loss related to fires

The Royal Canadian Mounted Police (RCMP) provides protective services to Kimberley andsurrounding areas including Meadowbrook, Wasa, Skookumchuck, St. Mary Lake, and parts ofWycliffe.The detachment has one Sergeant (Detachment Commander), one Corporal and eight Constables.The office staff consists of two Municipal based Police Services Assistants and one part-time PublicService Employee (0.6 FTE). Collectively they ensure the safety and protection of our community. AVictim Services Program provided by Summit Community Services works in conjunction with theRCMP.Policing PrioritiesThe Kimberley RCMP, in consultation with partners including the City of Kimberley, has identified threeobjectives for 2024:1. Traffic Enforcement and Road Safety2. Youth3. Police and Community EngagementPolice ServicesPage 58Traffic Enforcement and Road Safety. The Kimberley RCMP receive more trafficcomplaints than any other call for service. This issue is addressed by education,awareness and enforcement. 210 violation tickets were issued in 2024, with road checksconducted randomly throughout the year. Kimberley RCMP continues to conduct roadchecks throughout the City of Kimberley to target impaired driving.Youth. The Kimberley RCMP is engaged with local youth through school presentations andattending school events with the hope of building a level of trust and respect betweenyouth and police that will benefit all involved in the future, where youth feel comfortablespeaking to officers should traumatic or stressful events occur.Police and Community Relations. The Kimberley RCMP has a working relationship with theBaptist Church in Kimberley who assists with putting together food hampers for individualsand families in need. The Kimberley RCMP then delivers these items which helps to buildtrust amongst all involved and shows the RCMP in a capacity other than enforcement.

2023 20240 100 200 300 400 500Alarms and False Alarms/Animal/BylawsAssaults/Sexual Assaults/Threats/HarassmentAssisting other detachments and the publicBreach/Disturbance/Keep the PeaceBreak and Enter/ThesDrugs/LiquorFraud/ Firearms/Property /MischiefMental Health IssuesMiscellaneousMissing Persons/Sudden DeathSuicious Aivity/Abandoned 911 callsTraffic/Vehicle Incidents188168127101416463545710310355562732655742232439481811993063652023 20240 200 400 600 800 1000Police Information Checks IssuedRoad Checks - # Vehicles StoppedImmediate Roadside Prohibitions IssuedTickets Issued3936314618714039239210INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPolice ServicesAt a GlanceRCMP CALLS FOR SERVICE2023/2024 COMPARISONRCMP ACTIONS2023/2024 COMPARISONPage 59

In this section you will find the City of Kimberley’sconsolidated financial statements, which have beenaudited by an independent auditor.Financial SectionPage 60

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONThe Government Finance Officers Association of theUnited States and Canada (GFOA) awarded a CanadianAward for Financial Reporting to the City of Kimberley forits annual financial report for fiscal year ending December31, 2023. The Canadian Award for Financial Reportingprogram was established to encourage municipalgovernments throughout Canada to publish high qualityfinancial reports and to provide peer recognition andtechnical guidance for officials preparing the report. In order to be awarded a Canadian Award for FinancialReporting, a government unit must publish an easilyreadable and efficiently organized annual report,including contents that conform to program standards.Such reports should go beyond the minimumrequirements of generally accepted accounting principlesand demonstrate an effort to clearly communicate themunicipal government’s financial picture, enhance anunderstanding of financial reporting by municipalgovernments and address user needs. A Canadian Award for Financial Reporting is valid for aperiod of one year only. We believe our current reportcontinues to conform to the Canadian Award for FinancialReporting program requirements, and we are submittingit to GFOA to determine its eligibility for another award. Canadian Award for Financial ReportingPage 61

20242023Operating and CapitalFunds$2,408,350$2,905,276Restricted Surplus33,916,363$29,898,722Equity in Physical Assets89,345,313$84,718,886Accumulated Surplus$125,670,026$117,522,884May 26, 2025It is my privilege to present the City of Kimberley’saudited consolidated financial statements for theyear ended December 31, 2024. The financialstatements are the responsibility of the City ofKimberley’s management and have been preparedin compliance with Section 167 of the CommunityCharter and in accordance with Canadian publicsector accounting standards which are based uponrecommendations of the Public Sector AccountingBoard (“PSAB”). The City maintains a system of internal accountingcontrols, including policies and procedures,designed to safeguard the assets of the corporationand provide reliable financial information. Thefinancial statements have been audited by BDOCanada LLP, who have expressed that in theiropinion these statements present fairly, in allmaterial aspects, the financial position of the Cityas of December 31, 2024.Message from Chief Financial OfficerKrista WaitePage 62Over the past year, we have navigated economicshifts and rising costs. Despite these challenges, ourfinancial position remains stable, with prudentbudgeting ensuring essential services aremaintained. Investments in infrastructure renewaland contributions to reserves have been prioritizedwhile remaining fiscally responsible. Revenue sources including property taxes, grantsand transfers from reserves have allowed us to fundkey initiatives that enhance our city’s livability. Werecognize the importance of finding efficiencies andmaximizing every tax dollar to benefit the community.

INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTIONPage 63I would like to extend my appreciation to our dedicatedmunicipal staff, elected officials and communitymembers who engage in the budget process andcontribute to the financial well-being of our municipality.This collaboration facilitates the building of a vibrantand resilient community. Sincerely,Looking ahead we are focused on financialsustainability through responsible planning.Strategic reserves will help protect againsteconomic uncertainties. As stewards of publicfunds, we remain committed to responsiblefinancial management that supports ourcommunity’s long-term sustainability whileaddressing immediate needs. For the sixth straight year, the City’s 2023 AnnualReport was recognized with the Canadian Award forFinancial Reporting by the Government FinanceOfficers Association of the United States andCanada. This achievement reflects Council and Citystaff’s commitment to accountability andtransparency by striving to go above and beyondminimum reporting requirements. Message from the Chief Financial Officer - continuedKrista WaiteChief Financial OfficerPhoto credit: Meadowsweet Photography

City of Kimberley Consolidated FinancialStatementsPage 64

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Learn more about who the residents ofKimberley are and how the projects thatimpact them are funded.Statistical SectionCity of Kimberley - 2023 Annual Report - Page 92Page 99INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

City ofKimberley@CityofKimberleywww.kimberley.ca2020 2021 2022 2023 2024020406080100Municipal FactsIncorporated on March 29, 1944Population 8,115 (2021 Census, StatisticsCanada)61.6 square km 8 square km of urban park (Canada'slargest)79 km of Paved Roads18 km Unpaved Roads120 km Water Infrastructure78 km Sewer Infrastructure50 km Storm Utilities2023 Operating Budget: $32.5 M(including $4.3M depreciation)2023 Capital Budget: $17 MCouncil: 1 Mayor, 6 Councillors81 full-time employees, 6 part-time, 40casual and 20 call rank firefightersRocky Mountain School District No. 6Financial Institution: RBC Royal BankAuditors: BDO Canada LLPSolicitor: Lidstone & CompanyCITY OF KIMBERLEYNUMBER OF FULL TIME EMPLOYEES7881758482Page 100

45 to 6426.4%25 to 4425.4%65+23.8%0 to 1416.5%15 to 247.9%AGE CHARACTERISTICSSource: Statistics CanadaUnaudited Statistical InformationStatistical SectionPopulation Demographics2006 2011 2016 202102,0004,0006,0008,00010,000POPULATION OF KIMBERLEY6,1397,4256,6528,1152016 2021020,00040,00060,00080,000100,000MEDIAN HOUSEHOLD INCOME $34,397$81,0002016 20210% 2% 4% 6% 8% 10% 12%Under $5,000$5,000 to $9,999$10,000 to $14,999$15,000 to $19,999$20,000 to $24,999$25,000 to $29,999$30,000 to $34,999$35,000 to $39,999$40,000 to $44,999$45,000 to $49,999$50,000 to $59,999$60,000 to $69,999$70,000 to $79,999$80,000 to $89,999$90,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 and overHOUSEHOLD INCOME BANDSPage 101INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2020 2021 2022 2023 20240246810UNEMPLOYMENT RATEKOOTENAY ECONOMIC REGIONSource: Statistics Canada3.3%6%6.3%Unaudited Statistical Information4.3%Statistical SectionEmployment Information7.1%EMPLOYMENT BY INDUSTRYKIMBERLEY2016 20210% 5% 10% 15% 20%Health care and social assistanceRetail tradeAccommodation and food servicesConstruionEducational servicesPublic administrationManufauringProfessional, scientific and technical servicesArts, entertainment and recreationMining, quarrying, and oil and gas extraionOther services (except public administration)Admin and support, waste management and remediationTranortation and warehousingAgriculture, forestry, fishing and huntingWholesale tradeFinance and insuranceReal estate and rental and leasingUtilitiesInformation and cultural industriesManagement of companies and enterprisesDistribution of the employed labour force aged 15 years and over by industrysectors, Kimberley (City), 2016 and 2021Page 102

Source20202021202220232024Taxation 11,571,082 11,456,070 12,678,113 13,351,925 14,220,367Grants from Other Agencies4,829,982 2,542,275 2,886,087 7,433,730 3,976,471Donations/Contributed Assets943,018 -2,444,766 29,741 1,970,345Interest income 211,456 249,681 891,737 2,049,803 2,090,853Utility user fees 4,400,541 4,701,116 4,793,737 5,105,935 5,554,051Other user fees and misc 3,211,063 2,282,396 2,569,471 4,082,785 3,205,581Gain (loss) on disposal of assets1,560,722 -514,052 119,138 -3,195 (56,679)Totals 26,727,864 20,717,486 26,383,049 32,050,724 30,960,989 2024 REVENUE BY SOURCE TOTAL = $30,960,989Source: City of Kimberley Finance Department Interest Income 7%Other user fees and misc10%Taxation46% Grants from Other Agencies13%Donations/Contributed Assets6%Utility user fees18%REVENUE BY SOURCE 2020-2024Unaudited Statistical InformationStatistical SectionRevenue by SourcePage 103INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2020 2021 2022 2023 202402,000,0004,000,0006,000,0008,000,000Agency20202021202220232024Provincial Grants 3,954,347 1,349,531 1,932,749 6,297,912 2,178,784 Federal Grants---- - Regional and Other Grants 875,635 1,192,744 953,338 1,135,818 1,797,687 Totals 4,829,982 2,542,275 2,886,087 7,433,730 3,976,471 TOTAL ANNUAL GRANTSSource: City of Kimberley Finance DepartmentGRANTS FROM OTHER AGENCIES 2020-2024Unaudited Statistical InformationStatistical SectionGrants Information$4,829,982$2,542,275$2,886,087$7,433,730Page 104$3,976,471

2024 EXPENSES BY FUNCTIONEXPENSES BY FUNCTION 2020 - 2024Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationStatistical SectionExpenses by FunctionFunction20202021202220232024General government services 2,482,613 3,014,026 3,142,865 3,321,478 3,563,330 Protective services 2,339,151 2,486,226 2,892,280 2,898,801 3,238,030 Transportation and civic works 5,137,668 4,989,274 5,027,497 5,988,607 6,059,239 Water, sewer and solid waste services 3,299,916 3,985,577 3,735,348 4,537,553 4,283,637 Public health and welfare 34,027 86,146 39,527 84,240 39,738 Economic development 318,402 --- - Recreation and cultural services 3,195,211 3,232,426 4,111,046 4,415,830 4,653,386 SunMine 162,452 68,562 55,159 55,000 55,311 Community development 375,922 293,023 -- - Public library 301,555 353,736 343,159 374,928 418,756 Golf course 1,098,865 58,032 -- - Health centre 324,846 331,711 393,199 498,031 502,420 Totals 19,070,628 18,898,739 19,740,080 22,174,468 22,813,847 Page 105Tranortation and civic works26.6%Recreation and cultural services20.4%Water, sewer and solid waste services18.8%General government services15.6%Proteive services14.2%Public library1.8%Public health and welfare0.2%Health Centre 2.2% Sun Mine 0.2% INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2024 EXPENSES BY OBJECT EXPENSES BY OBJECT 2020-2024Statistical SectionExpenses by ObjectOBJECT20202021202220232024Accretion - - - 415,797 403,013 Administration 284,621 217,019 248,294 541,407 269,134 Amortization 4,164,509 3,825,817 4,088,157 4,409,873 4,580,908 Goods and services 5,382,577 5,667,374 5,594,638 6,448,507 6,666,127 Grants to organizations 141,823 146,752 177,164 296,376 236,596 Insurance costs 301,322 330,078 349,702 398,917 438,078 Interest on debt 339,917 312,459 236,404 226,446 206,249 Land sale costs 61,326 28,581 31,701 - 1,224 Salaries, wages and benefits 7,722,507 7,606,545 8,274,699 8,689,566 9,346,190 Utility costs 672,026 764,114 739,321 747,579 666,328 Totals 19,070,628 18,898,739 19,740,080 22,174,468 22,813,847 Source: City of Kimberley Finance DepartmentUnaudited Statistical Information$0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000AccretionAdministrationAmortizationGoods and servicesGrants to organizationsInsurance costsInterest on debtLand sale costsSalaries, wages and benefitsUtility costsPage 106

2024 SALARIES, WAGES AND BENEFITSSALARIES, WAGES AND BENEFITS 2020 - 2024Statistical SectionSalary InformationDepartment20202021202220232024General government services 1,793,770 1,945,035 2,142,462 2,290,776 2,447,767 Protective services 825,870 997,370 1,080,789 1,072,304 1,139,527 Transportation and civic works 1,481,348 1,589,101 1,639,212 1,781,473 2,034,608 Public health and welfare 26,494 78,599 34,123 33,824 34,132 Economic development 30,018 --- - Recreation and cultural services 1,183,801 1,322,527 1,841,205 1,909,056 2,009,942 SunMine-- 159 - 311 Solid Waste 77,148 81,318 80,815 107,572 102,470 Sewer Services 504,976 525,277 573,817 576,200 561,963 Water Services 606,910 548,429 579,589 605,649 650,900 Community development (KCDS) 258,415 201,477 -- - Public library 163,321 210,904 213,927 220,996 266,581 Golf course 688,106 23,634 -- - Health centre 82,330 82,874 88,601 91,716 97,989 Totals 7,722,507 7,606,545 8,274,699 8,689,566 9,346,190 Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationPublic Library2.9%Public health and welfare0.4%Page 107General government services26.2%Tranortation and civic works21.8%Recreation and cultural services21.5%Public Library12.2%Water services7%Sewer services6%Solid waste1.1%SunMine0%Health Centre1%INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2020 2021 2022 2023 2024$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$7,657,236$1,818,747$6,642,969$9,876,256$8,147,1422020 2021 2022 2023 2024$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$17,564,595$21,126,341$23,746,139$15,021,208$18,738,1732020 2021 2022 2023 2024$0$20,000,000$40,000,000$60,000,000$80,000,000$100,000,000$120,000,000$140,000,000$109,843,118$111,661,865$118,304,834$117,522,884$125,670,026 7 5 | A N N U A L R E P O R T 2 0 2 2ANNUAL SURPLUSACCUMULATED SURPLUSNET FINANCIAL ASSETSStatistical SectionSurplus and Net AssetsSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 108

2020 2021 2022 2023 2024$0$200$400$600$800$1000$1200$1400ACQUISITION OF TANGIBLE CAPITAL ASSETS 2020 - 2024ACQUISITION OF TANGIBLE CAPITAL ASSETS PER CAPITAStatistical SectionTangible Capital AssetsAsset Category20202021202220232024Land and Land Improvements 28,778 67,897 - 44,161 710,795 Buildings 63,882 430,305 953,708 234,492 623,909 Equipment and Other 608,402 280,993 945,441 1,815,190 751,509 Transportation Systems 1,571,139 530,640 2,159,540 1,901,997 2,521,662 Water Systems 790,638 - 666,639 595,335 953,605 Sewer Systems 1,281,889 177,056 850,578 265,053 1,133,705 Drainage Systems 834,340 298,054 88,540 87,669 525,924 Library Book Collection 27,719 35,514 18,875 32,731 52,593 Work in Progress 1,487,098 824,113 2,534,910 6,318,621 1,801,547 Totals 6,693,885 2,644,572 8,218,231 11,295,249 9,075,249 Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 109INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2020 2021 2022 2023 2024$0$200$400$600$800$1,000LONG TERM DEBT PER CAPITALONG TERM DEBT OUTSTANDING AND SOURCE OF FUNDING 2020 - 2024Statistical SectionDebtLong Term Debt20202021202220232024Debenture Debt6,950,232 6,348,401 5,774,435 5,181,067 4,567,622 Term Loan - - - - - Equipment Financing 316,573 - - - - Total 7,266,805 6,348,401 5,774,435 5,181,067 4,567,622 Proportional FundingSource20202021202220232024General Taxation55.0%65.3%53.3%53.7%53.3%Parcel Tax22.4%19.5%28.7%28.2%28.2%SunMine EnergySales/Reserves13.5%12.0%18.0%18.1%18.5%Water Utility Fees5.6%2.2%0.0%0.0%0.0%Sewer Utility Fees3.5%1.0%0.0%0.0%0.0%Total100%100%100%100%100.0%Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 110

ANNUAL DEBT SERVICING CAPACITYDEBT SERVICING CAPACITY 2020 - 2024Statistical SectionDebt Servicing LimitLiability Servicing Limit20202021202220232024Revenue for Purposes of Limit 19,869,478 19,163,361 21,587,247 25,088,171 25,502,234 Liability Servicing Factor25%25%25%25%25%Liability Servicing Cost Limit4,967,370 4,790,840 5,396,812 6,272,043 6,375,559 Less: Actual Debt Servicing Cost 1,015,120 1,106,977 700,104 694,455 678,676 Estimated Unissued DebtServicing - - 3,132,500 3,216,500 3,188,500 Liability Servicing CapacityAvailable 3,952,250 3,683,863 1,564,208 2,361,088 2,508,383 Capacity Used Capacity Available2020 2021 2022 2023 2024$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$1,015,120$3,952,250$1,106,977$3,683,863$3,832,604$1,564,208$3,910,955$2,361,088$3,867,176$2,508,383$4,967,370$4,790,840$5,396,812$6,272,043$6,375,559Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 111INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

Agency20202021202220232024Municipal - Variable Rate Tax 8,551,796 9,250,234 10,270,183 10,906,697 11,740,762 Municipal - Flat Tax 1,967,958 1,653,624 1,341,336 1,356,862 1,369,822 School District 2,675,668 3,029,810 3,123,309 3,542,945 3,796,322 Regional District 856,272 899,186 934,814 1,044,561 1,109,490 Hospital District 334,909 498,773 656,780 706,475 890,696 BC Assessment Authority(BCA) 62,514 67,336 69,565 80,155 88,739 Municipal Finance Authority(MFA) 282 313 378 455 491 Totals 14,449,399 15,399,276 16,396,365 17,638,150 18,996,322 PROPERTY TAXES LEVIED 2020 - 2024PROPERTY TAXES LEVIED BY AGENCYStatistical SectionProperty Taxes LeviedSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 112

PROPERTY CLASSIFICATION2020 2021 2022 2024 01 - Residential1,219,799,503 1,363,793,003 1,654,603,803 2,131,249,60102 - Utilities824,800 875,400 927,600 813,50003 - Supportive Housing2 2 2 204 - Major Industry0 0 0 005 - Light Industry1,606,565 1,755,400 2,497,200 3,440,40006 - Business62,163,769 65,639,969 73,110,268 107,676,70607 - Managed Forest0 0 0 008 - Recreation4,000,600 5,541,700 6,256,800 6,748,00009 - Farm0 0 0 0Total 1,288,395,239 1,437,605,474 1,737,395,673 2,249,928,209Residential94.7%Business4.8%ASSESSMENT BY CLASSIFICATION - 2024TAXABLE ASSESSMENT OF LAND AND IMPROVEMENTS 2020 - 2024Statistical SectionTaxable AssessmentSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationOther0.5%Page 113INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

PROPERTY TAX RATES AND MUNICIPAL TAX COLLECTION BY PROPERTY CLASS 2020 - 2024Statistical SectionTax RatesPROPERTY CLASSIFICATION2020 2021 2022 2023 2024 Municipal Only(rate $ per $1,000 of assessment) 01 - Residential (no adjustment for Flat Tax)5.92451 5.72321 5.32119 4.69955 4.74128 02 - Utilities33.78367 31.82636 31.83955 28.94520 29.08006 03 - Supportive Housing5.92451 5.72321 5.32119 4.69955 4.74128 04 - Major Industry - - - - - 05 - Light Industrial8.20252 8.05545 6.07403 5.49169 4.71204 06 - Business19.14068 19.53966 17.50205 14.82129 13.33731 07 - Managed Forest - - - - - 08 - Recreation23.54208 21.72198 22.60579 23.29468 23.69970 09 - Farm - - - - - Total Incl. School, RDEK, RHD, BCA & MFA(rate per $1,000 of assessment)01 - Residential (no adjustment for Flat Tax) 8.82984 8.57454 7.82422 7.03646 7.11044 02 - Utilities50.25637 48.29345 47.98404 44.67294 44.48287 03 - Supportive Housing 6.87134 6.71864 6.26642 5.57176 5.65754 04 - Major Industry - - - - - 05 - Light Industrial 12.24775 15.07362 12.57141 11.54362 10.97364 06 - Business 22.43232 25.70716 23.19646 20.13961 18.82345 07 - Managed Forest - - - - - 08 - Recreation 25.21590 24.98850 25.51591 26.09049 26.66066 09 - Farm - - - - - Municipal Tax Collection by Property Class 01 - Residential (variable rate tax) 7,226,714 7,805,274 8,804,461 9,346,698 10,104,851 01 - Residential (flat tax) 1,967,958 1,653,624 1,341,336 1,356,862 1,369,822 02 - Utilities 27,865 27,861 29,534 30,737 23,657 03 - Supportive Housing - - - - - 04 - Major Industry - - - - - 05 - Light Industrial 13,178 14,141 15,168 15,997 16,211 06 - Business 1,189,857 1,282,583 1,279,580 1,367,452 1,436,118 07 - Managed Forest - - - - - 08 - Recreation 94,182 120,377 141,440 145,813 159,926 09 - Farm - - - - - Total 10,519,754 10,903,860 11,611,519 12,263,559 13,110,584 Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationPage 114

20202021202220232024 Flat Tax - Improved Residential Tax per Parcel 466 386 306 306 306 Total Collected 1,846,758 1,548,632 1,241,748 1,257,660 1,267,146 Flat Tax - Unimproved Residential Tax per Parcel 400 386 386 386 386 Total Collected 121,200 104,992 99,588 99,202 102,676 Total all Flat Tax Collected 1,967,958 1,653,624 1,341,336 1,356,862 1,369,822 Variable Tax89.6%Flat Tax10.4%PROPORTION OF MUNICIPAL TAXCOLLECTED AS FLAT TAX (2024)FLAT TAX COLLECTION 2020 - 2024Statistical SectionFlat Tax CollectionSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationFLAT TAX VS. VARIABLE TAX COLLECTION 2020 - 2024Page 115INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

AssessmentClassificationProperty Owner/LesseeCommon NameMunicipal Tax LevyVariousResorts of the Canadian Rockies Inc.Kimberley Alpine Resort, Trickle Creek GolfResort and various other properties266,575VariousTeck Metals Ltd.Various properties147,613VaroiusTLH Log Homes Ltd.Various properties69,346VaroiusSimkins Golf ManagementBootleg Gap Golf Course56,357BusinessSave-On-FoodsSave-On-Foods43,427BusinessJack Carter BC Lands Ltd.Ghostrider Motorsports & Marine and adjacentproperties42,148VariousKimberley Riverside Campground Ltd.Kimberley Riverside Campground36,931ResidentialGarden View (CBT) Enterprises Ltd.Garden View Village34,956ResidentialCreston Ready MixVarious properties34,666Business1475742 BC Ltd. Petro Canada33,344 Total Top 10 Corporate Taxpayers 765,361 Total Municipal Tax Levy 14,118,962All Other94.6%Top 105.4%TAX CONTRIBUTION FROM PRINCIPAL CORPORATETAXPAYERS (2024)Statistical SectionPrincipal Corporate TaxpayersSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationPRINCIPAL CORPORATE TAXPAYERS2024 Municipal Tax Levy (Variable Rate Tax, Flat Tax and Parcel Tax) Page 116

Parcel Tax Reserve2020 2021 2022 2023 2024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000AQUATIC CENTRE OPERATING DEFICIT FUNDINGAQUATIC CENTRE OPERATING DEFICIT 2020 - 2024Statistical SectionKimberley Aquatic Centre 2020 2021 2022 2023 2024 RevenueUser Fee Revenue 73,387 137,586 360,766 305,903 376,471 Total Revenue 73,387 137,586 360,766 305,903 376,471 ExpendituresOperating Expense394,058 638,752 1,109,227 1,099,844 1,194,840 Debt Repayment 209,017 204,815 200,505 196,086 191,554 Total Cost 603,075 843,567 1,309,732 1,295,930 1,386,394 Operating Deficit 529,687 705,981 948,966 990,027 1,009,923 Source: City of Kimberley Finance DepartmentUnaudited Statistical InformationNotes - Operating Deficit funding formula changed in 2019 to exclude contributions from Propery Tax and Bootleg Gap - Reduced Operating Revenue and Expenditures in 2020 and 2021 due to an extended COVID-19 related facility shutdown - Excess Parcel Tax Revenue collected in 2020 due to the shutdown was put into reserves and applied to the 2021 deficit Page 117INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

2020 2021 2022 2023 2024050100150200567268152762020 2021 2022 2023 2024 Total Permits Issued213 225 212 208 196Construction Value18,698,592 23,977,651 35,416,249 54,767,381 31,889,634New Dwelling Units (all categories)56 72 68 152 76NEW DWELLING UNITS 2020 - 2024DEVELOPMENT ACTIVITY 2020 - 2024Statistical SectionDevelopment ActivitySource: City of Kimberley Finance DepartmentUnaudited Statistical InformationCONSTRUCTION VALUEPage 118

Statistical SectionNon-Market Assessment Change AnalysisSource: City of Kimberley Finance DepartmentUnaudited Statistical InformationPROPERTY2020 2021 2022 2023 2024CLASS AssessmentTax AssessmentTax AssessmentTax AssessmentTax Assessment TaxResidential20,379,100115,43920,577,000110,70430,590,538147,01832,553,699146,51141,939,699187,621Utilities00(15,000)(470)3,0009000(322,700)(8,734)Light Industry75,06561693,43574139,00022539,50020900Business1,570,59030,0623,831,80073,761(4,522,673)(74,728)2,659,30037,976(355,299)(4,498)Recreation001,151,00024,689659,00014,189(54,000)(1,210)275,2006,205Totals22,024,755146,11725,638,235209,42526,768,86586,79435,198,499183,48641,536,900180,594Page 119INTRODUCTORY SECTION FINANCIAL SECTION STATISTICAL SECTION

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