City of Surrey 2016 Annual Report
NOTESTOTHE CONSOLIDATED CITY OF SURREY FINANCIAL STATEMENTS
For the year ended December 31, 2016 [tabular amounts in thousands of dollars]
24. BUDGET DATA
The budget data presented in these consolidated financial statements was included in the City of Surrey 2016 – 2020 Consolidated Financial Plan and was adopted through By-law #18563 on March 7, 2016. The following table reconciles the approved budget to the budget figures reported in these consolidated financial statements.
Budget Amount
Revenues: Approved Consolidated budget
$
991,044
991,044
Total Revenues:
Expenses: Approved Consolidated budget
1,321,784 (330,740) 991,044
Transfers between funds
Less:
Capital expenditures
(598,308)
Municipal Debt
(10,429)
Add:
Transfers between funds
330,740 713,047
Total Expenses:
$
277,997
Annual surplus per statement of operations
25. COMPARATIVE FIGURES
Certain comparative information has been reclassified to conform to the financial statement presentation adopted in the current year.
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