2015 Financial Annual Report

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2015 Annual Report	1
Table of Contents	4
Message from the Mayor	6
City Council & Surrey Officers	7
Organizational Chart	8
Canadian Award for Financial Reporting	10
City of Surrey Overviews	12
Awards	14
City Manager's Department	16
Engineering Department	18
Finance & Technology Department	20
Fire Department	22
Human Resources Department	24
Parks, Recreation & Culture Department	26
Planning & Development Department	28
RCMP	30
Surrey Public Library	32
Statistical Review	33
Population	34
Average Residential Tax and Utilities Bill	34
2015 Average Residential Tax and Utilities Bill	35
2015 General Revenue Fund Assessment and Taxation by Property Class	35
General Assessment and Taxation Statistics	36
Assessment for General Taxation	36
Building Permits	37
Construction Value of Building Permits Issued	37
Largest Employers in Surrey	38
Unemployment Rates	39
Commercial and Industrial Development Approved in Surrey	39
Financial Statistics	40
Net Tangible Capital Asset Acquisitions	40
Surrey's Business Distribution by Sector	41
Potential Borrowing Capacity versus Debt Incurred	41
2015 Debt Servicing Costs Compared to General Operating Revenue	42
City of Surrey Debt per Capita	42
2015 Household Expenditures versus City Services	43
Performance Measures	44
City Manager	46
Engineering	47
Finance & Technology	48
Fire	49
Human Resources	50
Parks, Recreation & Culture	51
Planning & Development	52
RCMP	53
Surrey Public Library	54
Financial Statements	56
Audit Committee	58
Report from the General Manager,Finance & Technology	59
City of Surrey Financial Statements	61
City of Surrey, Independent Auditors' Report	62
Consolidated Statement of Financial Position	63
Consolidated Statement of Operations	64
Consolidated Statement of Changes in Net Financial Assets (Debt)	65
Consolidated Statement of Cash Flows	66
Notes to the Consolidated Financial Statements	67
Supplementary Financial Information	93
Surrey Public Library Financial Statements	113
Surrey Public Library, Independent Auditors' Report	114
Statement of Financial Position	115
Statement of Operations	116
Statement of Change in Net Debt	117
Statement of Cash Flows	118
Notes to the Financial Statements	119
Supplementary Financial Information	125
Permissive Exemptions	128

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