2015 Financial Annual Report

City of Surrey

 UNAUDITED SOLID WASTE OPERATING FUND Schedule 4

For the year ended December 31, 2015, with comparative figures for 2014 [in thousands of dollars]

2015 Budget

2015

2014

(Schedule 2)

REVENUES Sales of goods and services

$

39,000

$

35,950

$

39,011

Other

205

120

147

39,205

36,070

39,158

EXPENSES Solid waste

30,173 30,173

28,043 28,043

29,107 29,107

9,032

8,027

Excess of Revenues over Expenses

10,051

Transfers to other funds and reserves

(9,032)

(10,357)

(4,499)

ANNUAL SURPLUS (DEFICIT)

- - -

(2,330)

5,552

Accumulated Surplus (Deficit), beginning of year Accumulated Surplus (Deficit), end of year

(12,187)

(14,517) (8,965)

$

$ (14,517)

$

The 2015 Tax Levy Budget was used to determine 2015 taxation rates.

89