2017 Finance Annual Report

NOTESTOTHE CONSOLIDATED CITY OF SURREY FINANCIAL STATEMENTS

For the year ended December 31, 2017 [tabular amounts in thousands of dollars]

20. BUDGET DATA

The budget data presented in these consolidated financial statements was included in the City of Surrey 2017 – 2021 Consolidated Financial Plan and was adopted through Bylaw #18955 on December 19, 2016. The following table reconciles the approved budget to the budget figures reported in these consolidated financial statements.

Budget Amount $ 1,041,158

Approved consolidated budgeted revenues

1,041,158

Total Revenues:

Approved consolidated budgeted expenditures

1,335,190 (294,032) 1,041,158

Transfers between funds

Less:

Capital expenditures

(570,366)

Municipal Debt

(13,276)

Add:

Transfers between funds

294,032 751,548

Total Expenses:

$

289,610

Annual surplus per statement of operations

21. COMPARATIVE FIGURES

Certain comparative information has been reclassified to conform to the financial statement presentation adopted in the current year.

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