Annual Report 2014

City of Surrey Consolidated Statement of Operations

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

2014 Budget (note 23)

2014

2013

(recast - note 2)

REVENUES Taxation revenue (note 16) Sales of goods and services

$ 311,024

$ 310,047

$ 293,292

192,714

200,242 109,892 160,369 18,601 35,055 49,457 124,241 84,464 79,333 70,840 55,751 55,568 36,638 29,593 66,268 25,477 5,349 883,663

179,802

56,611

Development cost charges (note 9)

68,383

170,536 18,454 46,129 48,764

Developer contributions

123,067 20,189 52,502 53,394

Investment income

Transfers from other governments (note 22)

Other

TOTAL REVENUES

844,232

790,629

EXPENSES Police services

120,938 84,583 71,210 67,490 61,114 61,797 12,061 42,600 26,898 64,790 24,383

116,146 79,552 59,271 63,216 53,969 49,638 28,812 26,727 50,576 22,651 8,970

Parks, recreation and culture

General government

Water

Fire services

Sewer

Engineering

Drainage

Solid waste

Roads & traffic safety

Planning and development

1,457

Parking

421 425

22

310

Surrey City Energy

420

15,780

Library services

16,275

14,590

TOTAL EXPENSES

655,411

650,643

574,560

ANNUAL SURPLUS

188,821

233,020

216,069

7,794,820

Accumulated Surplus, beginning of year

7,794,820

7,578,751

$ 7,983,641

Accumulated Surplus, end of year

$ 8,027,840

$ 7,794,820

To be read in conjunction with the Notes to the Consolidated Financial Statements

9