2018 Annual Financial Report

STATISTICAL REVIEW

RESERVES, COMMITTED FUNDS AND SURPLUS (in thousands) continured

Source: City of Surrey Finance Department

2018

2014

2015

2016

2017

Unappropriated Surplus General operating fund

7,831 $

7,831

$

7,831 $

7,831 $

7,831 $

(6,998)

Employee future benefits Water operating fund Sewer operating fund

(6,998)

(6,998)

(6,998)

(6,998)

3,000 3,000 (324) 6,509

3,000 3,000 (325)

3,000 3,000 (325)

3,000 3,000 (324)

3,000 3,000 (324)

Library Services

6,509 $

$

6,508 $

6,508 $

6,509 $

Other funds: Surrey City Development Corp

6,834 6,019

(67,722)

(60,526)

(34,247)

(15,910)

Surrey Homelessness and Housing Society

8,212

8,012

7,879

7,451

48

Innovation Boulevard

-

-

-

209

(1,741) $

19,410

$

(53,002) $

(46,006) $

(19,859) $

Tangible Capital Assets (note 10)

8,635,809 $

8,982,600

$

7,982,686 $

8,123,149 $

8,312,963 $

(214,782)

Debt funded assets

(209,277)

(196,496)

(210,818)

(253,184)

Total Equity in Tangible Capital Assets $

8,382,625 $

8,767,818

7,773,409 $

7,926,653 $

8,102,145 $

TOTAL ACCUMULATED SURPLUS

8,664,152 $

9,050,331

$

7,978,167 $

8,161,134 $

8,377,037 $

137