Annual Report 2014

City of Surrey

Schedule 3 General Operating Fund

For the year ended December 31, 2014, with comparative figures for 2013 [in thousands of dollars]

2014 Budget

2014

2013

(Schedule 2)

REVENUES Taxation revenue

$ 263,512

$ 263,015

$ 250,768

49,476

Sales of goods and services

58,742

46,098

130

Developer contributions

-

130

20,354

Investment income

15,453

20,663

8,121

Transfers from other governments

11,312

8,930

33,753

Other

33,553

32,284

375,346

382,075

358,873

EXPENSES Police services

119,765

122,845

115,032

69,138

Parks, recreation and culture

70,124

66,632

50,676

General government

54,544

48,682

59,265

Fire services

53,562

52,028

6,198

Engineering

5,349

5,815

24,379

Planning and development

25,473

22,647

329,421

331,897

310,836

Excess of Revenues over Expenses

45,925

50,178

48,037

(46,016)

Transfers to other funds and reserves

(50,178)

(50,492)

ANNUAL SURPLUS (DEFICIT)

(91)

-

(2,455)

45,568

Accumulated Surplus, beginning of year

48,023

$ 45,477

Accumulated Surplus, end of year

$

-

$ 45,568

The 2014Tax Levy Budget was used to determine 2014 taxation rates.

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