2017 Finance Annual Report

First page Table of contents Next page Last page
2017 Annual Finanancial Report1
Table of Contents2
Introduction4
Message from the Mayor4
City Council & Surrey Officers5
Organizational Chart6
Canadian Award for Financial Reporting7
City of Surrey Overviews9
Awards11
City Manager's Department13
Corporate Services Department15
Engineering Department17
Finance Department19
Fire Department21
Investment & Intergovernmental Relations Department23
Parks, Recreation & Culture Department25
Planning & Development Department27
RCMP29
Surrey Public Library31
Performance Measures33
Financial Statements44
Audit Committee45
Report from the General Manager, Finance46
City of Surrey Financial Statements48
Consolidated Statement of Financial Position50
Consolidated Statement of Operations51
Consolidated Statement of Changes in Net Financial Assets (Debt)52
Consolidated Statement of Cash Flows53
Notes to the Consolidated Financial Statements54
Supplementary Financial Information80
Surrey Public Library Financial Statements91
Independent Auditor's Report93
Statement of Financial Position94
Statement of Operations95
Statement of Change in Net Debt96
Statement of Cash Flows97
Notes to the Financial Statements98
Supplemenatry Financial Information104
Permissive Exemptions107
Statistical Review126
Population127
Average Residential Tax and Utilities Bill127
2017 Average Residential Tax and Utilities Bill128
2017 Taxable Assessment and Taxation by Property Class128
Taxable Assessment and Taxation Statistics129
Assessment for Taxation129
2017 Household Expenditures versus City Services130
Building Permits131
Construction Value of Building Permits Issued131
Commercial and Industrial Development Approved in Surrey131
Largest Employers in Surrey132
Unemployment Rates132
Full Time Equivalent Employees132
Revenue Trend by Source of Revenue136
Expenses Trend by Function136
Net Tangible Capital Asset Acquisitions136
Financial Statistics136

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