THE CORPORATION OF THE CITY OF WINDSOR Notes to Consolidated Financial Statements Year ended December 31, 2019 ($000's)

1. Summary of significant accounting policies and reporting practices

(a) Reporting entity

These consolidated statements reflect the assets, liabilities, revenues and expenses of the reporting entity. The reporting entity is comprised of all organizations and enterprises accountable for the administration of their financial affairs and resources to City Council and which are owned or controlled by the City of Windsor ("the City").

1. Consolidated entities

   In addition to the general City departments, the reporting entity includes the following where deemed material:

   Windsor Police Services

   Roseland Golf and Curling Club Limited

   Transit Windsor

   Windsor Chartabus Limited

   The Corporation of the City of Windsor Public Library Board

   Windsor-Essex Community Housing Corporation

   Downtown Windsor Business Improvement Association

   Ford City Business District

   Via Italia-Erie Street Business Improvement Area

   Ottawa Street Business Improvement Area

   Olde Riverside Town Centre Business Improvement Area

   Walkervllle Business Improvement Area

   Wyandotte Towne Centre Business Improvement Area

   Olde Sandwich Towne Business Improvement Area

   Pillette Village Business Improvement Area

   The Essex-Windsor Solid Waste Authority ("EWSWA"), a joint partnership with the County of Essex, is consolidated on the basis of one half of the total operations and financial position of the total entity.

   All interfund assets, liabilities, revenues and expenses have been eliminated.

2. Entities included on a modified equity basisCertain corporations are accounted for on a modified equity basis, consistent with the generally accepted accounting treatment for a Government Business Enterprise ("GBE ). Under the modified equity basis, the business enterprise's accounting principles are not adjusted to conform with those of the City, and inter-organizational transactions and balances are not eliminated. Under the modified equity basis of accounting, the carrying value of the investment in GBE is adjusted to reflect the City's share of the net asset change of the investee