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May 29, 2017 Return to Headlines

Coquitlam’s Annual Report Showcases ‘Stories told, Stories to be created’

by Michelle Frilund |

COQUITLAM, BC, May 29, 2016 – Coquitlam’s 2016 Annual Report demonstrates that the City continues to make steady progress on its strategic goals while maintaining a sound financial position.

The report, entitled Stories told, Stories to be created, highlights the City’s accomplishments, activities and financial results for the year ending December 31, 2016. The report’s theme recognizes the Coquitlam 125 anniversary celebrations which were a key part of the City’s focus throughout 2016.

Many achievements were made in 2016 to support of the City’s five strategic goals. For example:

  • Strengthen neighbourhoods
    • Completed enhancements along the Pinetree Way corridor, including walkability and cycling infrastructure improvements.
    • Finished construction of the Town Centre Park Plaza.
  • Expand local jobs, local prosperity
    • Completed a review of the City’s Liquor Bylaws, allowing for more types of businesses to operate within the City of Coquitlam.
    • Issued 196 film permits, generating $263,000 in revenue, which was up $175,000 from 2015.
  • Increase active participation and creativity
    • Through the Cultural Services Events Office, led or coordinated 114 events.
    • As part of the Coquitlam 125 celebrations, held 128 block parties and distributed over $18,000 in Block Party Grants.
  • Enhance sustainability of City services and infrastructure
    • Continued to see a garbage diversion rate of above 70%, resulting in only 0.33 tonnes of solid waste per household, below the five-year average.
    • Corporate Greenhouse Gas (GHG) emissions continued to decrease, reaching approximately 25% reduction compared to the base year (2007).
  • Achieve excellence in City governance
    • Through the Staff Committee on Business Improvements and Customer Service, completed 58 items that enhanced the customer experience and reduced red tape.
    • Conducted over 140,000 online transactions, including dog licence renewals, utility bill payments, and bylaw enforcement notice payments.

The audited financial statements in the Annual Report indicate that the City remains in a solid financial position. The balance sheet remains strong and the City ended the year with an operating surplus of $700,000 after an allocation to the Infrastructure Reserve of $1.3 million to support the long-term sustainability of City assets and infrastructure. 

In addition, the City completed some key capital projects during the year including Pinetree Way Improvements, a new Town Centre Park Plaza, and the replacement Mundy Park Fieldhouse.

Revenues from the Casino Host Agreement continue to support non-profit community organizations and events and almost $500,000 was awarded through the Spirit of Coquitlam Grant. 

2016 was a productive year with the Coquitlam 125 celebrations and the opening of the Evergreen Extension to SkyTrain. In spite of these additional demands, the City was successful in effectively meeting all the usual operating challenges related to running a growing community. 

For more information, or to read the complete 2016 Annual Report, visit www.coquitlam.ca/annualreport.

A condensed highlights version of the annual report is also available online as well as at City Hall and in recreation facilities.

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Media contact:
Michelle Hunt
General Manager, Finance and Technology
City of Coquitlam
604-927-3531