2015 Financial Annual Report
City of Surrey
 UNAUDITED WATER OPERATING FUND Schedule 6
For the year ended December 31, 2015, with comparative figures for 2014 [in thousands of dollars]
2015 Utility Rates Budget
2014
2015
(Schedule 2)
REVENUES Taxation revenue
$
119
$
190
$
166
Sales of goods and services
66,410
64,712
67,518
Developer contributions
-
10
-
Investment income
1,006
1,082
801
Other
657
900
901
68,192
66,894
69,386
EXPENSES Water
61,999
57,681
60,650
Engineering
-
16
-
61,999
57,697
60,650
6,193
9,197
Excess of Revenues over Expenses
8,736
Transfers to other funds and reserves
(6,193)
(14,782)
(10,907)
ANNUAL SURPLUS (DEFICIT)
-
(5,585)
(2,171)
Accumulated Surplus, beginning of year
-
86,166
80,581
Accumulated Surplus, end of year
$
-
$
80,581
$
78,410
The 2015 Tax Levy Budget was used to determine 2015 taxation rates.
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