City of Surrey 2016 Annual Report

SCHEDULE 3 UNAUDITED GENERAL OPERATING FUND  CITY OF SURREY

For the year ended December 31, 2016, with comparative figures for 2015 [in thousands of dollars]

2016 Budget

2015

2016

(Schedule 2)

REVENUES Taxation revenue

$ 309,642

$ 289,556

$ 307,079

Sales of goods and services Developer contributions

71,275

56,167

64,503

-

247

140

Investment income

13,769 11,329 33,622 439,637

20,037 13,523 38,410 417,940

19,360 12,970 42,918 446,970

Transfers from other governments

Other

EXPENSES Police services

146,850 88,606 58,551 57,996 29,315

131,826 80,004 60,001 57,124 23,999

147,155 86,363 63,513 58,340 25,384

Parks, recreation and culture

General government

Fire services

Planning and development

Engineering

5,329

5,923

5,603

386,647

358,877

386,358

52,990

59,063

Excess of Revenues over Expenses

60,612

Transfers to other funds and reserves

(52,990)

(55,041)

(48,895)

ANNUAL SURPLUS

- - -

4,022

11,717 49,499

Accumulated Surplus, beginning of year Accumulated Surplus, end of year

45,477

$

$ 49,499

$ 61,216

The 2016 Tax Levy Budget was used to determine 2016 taxation rates.

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