The report provides information on the financial position and results of operations, and must include the following information:
the audited annual financial statements for the previous year
a list of the permissive tax exemptions provided by Council and the amount of property tax that would have been imposed during the previous year if the exemption had not been granted for each exemption
a report on the services and operations for the previous year
a progress report on the performance of the City of Maple Ridge with respect to established objectives and measures
a statement of objectives and measures that will be used as the basis for determining the performance during the current year and following year
the details of any declarations of disqualification made against individual Council members during the previous year
any other information Council considers advisable
Once completed, the annual report must be made available for public inspection. After making the report public, Council must wait a minimum of two weeks before holding an annual meeting on the report. This provides citizens with time to review the annual report, ask questions and prepare submissions. Council must give notice of the date, time and place of the annual meeting in accordance with the Community Charter's requirements for public notice.
The annual report for the years 1991 through 2020 received the Canadian Award for Financial Reporting from the Government Finance Officers Association. The award recognizes excellence in governmental accounting and financial reporting, and represents a significant accomplishment by Maple Ridge staff.