2017 Finance Annual Report

STATISTICAL REVIEW

Gross Debt Supported by Property Tax versus Total Debt (in millions)

Source: City of Surrey Finance Department

$1,600

$1,400

$1,200

$1,000

$800

$600

$400

$200

$0

2013

2014

2015

2016

2017

Gross Debt supported by Property Tax

Other Municple Debt

Total Debt (including internal borrowing)

Borrowing Capacity

Overlapping debt which represents the total debt of regional districts where the City of Surrey is a member and is jointly and severally liable, is not included. The City's overlapping debt (in millions of dollars) was $1,986 in 2017 (2016: $1,960).

2017 Debt Servicing Costs Compared to General Taxation Revenue (in thousands)

Source: City of Surrey Finance Department

Debt Servicing Costs Funded by General Taxation Revenue, $12,780

General Taxation Revenue Net of Debt Servicing Costs, $315,500

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