2018 Annual Financial Report

STATISTICAL REVIEW

RESERVES, COMMITTED FUNDS AND SURPLUS (in thousands)

Source: City of Surrey Finance Department

2018

2014

2015

2016

2017

Reserve Funds (before internal borrowing) Capital legacy

46,534 $

47,329 39,002 32,611 22,521 22,372 17,015

$

53,356 $

45,530 $

46,120 $

Municipal land

15,832 35,888 23,836

5,665

19,284 34,325 22,648 18,687 16,143

22,649 35,659 23,775 26,309 16,591

Equipment and building replacement

33,670 22,783

Neighbourhood Concept Plans

Park land acquisition

8,876

9,948

Local improvement financing Environmental stewardship

15,173

15,689

6,749 2,629 1,351

6,448 1,260 1,315

6,536 1,535 1,328

6,559 1,586 1,338

6,661 2,618 1,345

Parking space Water claims

23

Affordable housing

8

23

23

23

182,164 $

191,602

$

161,992 $

142,707 $

166,713 $

Internal Borrowing

(78,695) $

(105,365)

$

(91,870) $

(54,922) $

(64,806) $

Committed Funds General operating Roads operating and capital Water operating and capital Sewer operating and capital Drainage operating and capital

62,960 $

82,374 14,559 31,728 18,908 11,922

$

28,353 $

33,250 $

44,727 $

26,843 38,406 24,232 18,779 (3,585)

37,434 38,919 28,188 15,957 (6,268)

39,157 38,872 24,965 12,629

38,032 38,131 17,921 12,162

(79) 235

Surrey City Energy operating and capital

3,233

5,777

Library Services

198

182

238

240

175,223 $

159,647

$

133,226 $

147,662 $

163,821 $

Appropriated Surplus (before allocations) Infrastructure replacement

(45,811) $

(28,318)

$

(6,103) $

(5,058) $

(22,278) $

13,490 11,732

Revenue stabilization

13,250 15,982

13,989 15,053

16,589 13,113

16,593 12,288

Self insurance

8,276 7,082 4,197

Operating contingency and emergencies

8,758 5,346 3,962 1,011

8,782 7,420 3,997

8,782 7,420 4,517

8,782 7,420 4,375

Environmental emergencies

Prepaid expenses

760

Inventories of supplies

857

880

929

4,576 $

17,219

$

54,412 $

45,040 $

29,023 $

136