2017 Finance Annual Report

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS  CITY OF SURREY

For the year ended December 31, 2017, with comparative figures for 2016 [in thousands of dollars]

18. SEGMENTED INFORMATION (CONTINUED)

Parks, Recreation and Culture

Police Services

General Government

Roads & Traffic Safety Water

Fire Services

Sewer

REVENUES Taxation, grants-in-lieu, assessments Collections for other authorities

$

- - - - - -

$

- - -

$ 630,695

$ 25,843

$

129

$

- - - - - - -

$ 1,595

(302,506) 328,189 24,521 104,963 33,313 16,718

-

-

-

Taxation revenue

25,843

129

1,595

Sales of goods and services Development cost charges Developer contributions

1,409

29,161

199

73,326

1,975

49,994

-

-

-

-

223

128,140

3,595

9,828

Investment income

16

-

427

303

Transfers from other governments

6,423

840

6,187

9,835

-

-

Other

44

2,777

30,422 544,313

108

1,035

71

480

7,876

33,017

164,125

78,512

2,046

62,200

EXPENSES Salaries and benefits

24,587 123,407

58,406

38,032

5,256

- -

56,459

- -

RCMP contracted services

-

-

-

-

Consulting and professional services Telephone and communications Regional district utility charges

1,061

5,250

4,096

1,736

906

67

530

439

275

989

42

12

156

22

-

-

-

-

44,647

-

36,709

Utilities

485

4,273

35 21

4,310

598

375

2,027

Garbage collection and disposal Maintenance and small equipment

12 82

135

508 132

-

21

12

7,262

4,899 3,148

372

1,001

704

Insurance and claims Leases and rentals Supplies and materials Advertising and media Grants and sponsorships

-

10

3

-

13

1

894 610

1,114 8,802

480

1,720 5,347

476

2

877

2,937

1,537

1,961

1,386

2

553 627

267

35

1

7

- -

-

2,459

-

-

-

Contract payments

2

4,179 2,508

816

9,738

1,778

224 863

1,419

Other

850

2,951

882

481

903

Cost recoveries, net

(905)

(396)

(4,403)

7,111

8,330

(674)

4,155

Interest on debt

-

-

8,615

- -

- -

- -

-

Other interests and fiscal services

20

370

136

2

Amortization expense

1,252

17,067 110,435

16,418 81,896

38,514 75,334

8,577

1,787

11,224 59,971

152,798

67,715

62,262

Excess (deficiency) of revenues over expenses Transfer from (to) operating funds Transfer from (to) reserve funds Transfer from (to) capital funds

(144,922)

(77,418)

462,417

88,791

10,797

(60,216)

2,229

- - -

-

(71,189) (61,479)

33,093 34,683

5,173 3,948

-

12,421 11,159

527

(1,297)

(3,038)

90,560

(30,970)

(8,868)

-

(15,010)

Annual surplus (deficit)

$ (144,922) $ (79,929) $ 420,309

$ 125,597

$ 11,050

$ (61,513) $ 10,799

68