Annual Report 2014

City of Surrey Solid Waste Operating Fund Schedule 4

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

2014 Budget

2014

2013

(Schedule 2)

REVENUES Sales of goods and services

$ 33,308

$ 33,221

$ 31,844

120

Other

100

200

33,428

33,321

32,044

EXPENSES Solid waste

25,401

27,992

26,727

25,401

27,992

26,727

Excess of Revenues over Expenses

8,027

5,329

5,317

(10,357)

Transfers to other funds and reserves

(5,329)

(3,947)

ANNUAL SURPLUS (DEFICIT)

(2,330)

-

1,370

(12,187)

Accumulated Surplus (Deficit), beginning of year

(13,557)

$ (14,517)

Accumulated Surplus (Deficit), end of year

$

-

$  (12,187)

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

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