City of Surrey 2016 Annual Report

NOTESTOTHE FINANCIAL STATEMENTS SURREY PUBLIC LIBRARY

For the year ended December 31, 2016

6. GOVERNMENT TRANSFERS

The Government transfers reported on the Statement of Operations are:

2015

2016

Provincial grants: Operating

$

898,491

$

898,491

BC One Card

31,688

31,688

Resource Sharing

28,689

28,689

13,975

11,648

Literacy and Equity

$

972,843

$

970,516

Total revenues

7. ACCUMULATED SURPLUS

2015

2016

Tangible Capital Assets

$

5,299,890

$

5,418,102

Appropriated for Materials on Order

272,722

276,465

Unappropriated Surplus

173,338

173,338

(497,525)

(497,525)

Unfunded Employee Future Benefits

$

5,248,425

$

5,370,380

Total surplus

102