2015 Financial Annual Report

City of Surrey

Schedule 9  UNAUDITED PARKING OPERATING FUND

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

2015 Budget

2014

2015

(Schedule 2)

REVENUES Sales of goods and services

$

584

$

540

$

716

584

540

716

EXPENSES Parking

349

594

693

349

594

693

235

(54)

Excess (Deficiency) of Revenues over Exp.

23

Transfers from other funds and reserves

(235)

(10,060)

(2,058)

ANNUAL SURPLUS

-

(10,114)

(2,035)

Accumulated Surplus, beginning of year

-

(92)

(10,206)

Accumulated Surplus, end of year

$

-

$ (10,206)

$ (12,241)

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

94