City of Surrey 2016 Annual Report

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS  CITY OF SURREY

For the year ended December 31, 2016 [tabular amounts in thousands of dollars]

6. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

2015

2016

Trade accounts payable Due to Federal Government

$

55,187 34,585 25,655

$

59,057 40,961 26,903

Employee future benefits (note 11) Due to joint venture partners

1,340

4,121

Contractors’ holdbacks Due to Regional Districts

11,768

11,048

7,324 4,351 1,607 2,009

7,489 3,550 2,641 2,009

Due to Province of British Columbia Due to other government entities

Interest on debt

$

143,826

$

157,779

7. DEPOSITS AND PREPAYMENTS

2015

2016

Deposits:

Future works

$

39,474 48,607 42,333

$

46,429 55,621 49,583 28,970

Planning and permits

Engineering

Capital deposits Pavement cuts Boulevard trees

9,740 3,967 2,333

4,386 2,527

Latecomer

929 641

965

Tenant deposits Other deposits

1,070 3,077

4,161

Developer works agreement

140 315

609 373

Amenities

$

152,640

Total deposits

$

193,610

Prepayments: Taxes

$

38,811

$

38,167

Utilities

2,029 1,294

2,352 2,303

Tax sale private purchase payment

Other prepayments

10

10

42,144

Total prepayments

42,832

$

194,784

Total deposits and prepayments

$

236,442

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