Annual Financial Report 2020

STATISTICAL REVIEW

Reserves, Committed Funds and Surplus (in thousands)

Source: City of Surrey Finance Department

2020

2016

2017

2018

2019

Reserve Funds (before internal borrowing) Capital legacy

47,847 $

48,981 63,463 29,067 31,227

$

46,120 $

46,534 $

47,329 $

Municipal land

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

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

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

53,947 25,714 28,003 17,408 17,417

Equipment and building replacement

Neighbourhood concept plans

4,651

Park land acquisition

17,803

Local improvement financing Environmental stewardship

6,855 3,089 1,378 1,058 1,108

6,559 1,586 1,338

6,661 2,618 1,345

6,749 2,629 1,351

6,809 2,651 1,362

Parking space Water claims

Affordable housing

23

23

23

591

Capital Projects

-

-

-

-

201,749 $

208,680

$

166,713 $

182,164 $

191,602 $

Internal Borrowing

(144,237) $

(149,909)

$

(64,806) $

(78,695) $

(105,365) $

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

82,084 $

172,593 25,360 21,379 15,820 10,608

$

44,727 $

62,960 $

82,374 $

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

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

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

17,020 29,096 18,382

8,918 3,762

3,168

Surrey City Energy operating and capital

3,233

5,777

(79) 235

223

Library Services

238

240

322

159,584 $

249,151

$

163,821 $

175,223 $

159,647 $

Appropriated Surplus (before allocations) Infrastructure replacement

(20,546) $

(9,687) 13,490 12,825

$

(22,278) $

(45,811) $

(28,318) $

Revenue stabilization

16,589 13,113

16,593 12,288

13,490 11,732

13,490 13,253

Self insurance

8,607 7,082 5,352

Operating contingency and emergencies

8,782 7,420 4,517

8,782 7,420 4,375

8,276 7,082 4,197

8,276 7,082 4,577

Environmental emergencies

Prepaid expenses

988

Inventories of supplies

880

929

760

874

27,006 $

38,657

$

29,023 $

4,576 $

17,219 $

118