City of Surrey 2019 Annual Financial Report

STATISTICAL REVIEW

Gross Debt Supported by Property Tax versus Total Debt

Gross Debt Supported by Property Tax versus Total Debt (in millions)

Source: City of Surrey Finance Department

$2,500

Gross Debt Supported by Property Taxes

Other Municipal Debt

Total Debt Including Internal Borrowing

Borrowing Capacity

$2,000

$1,500

$1,000

$500

$0

2015

2016

2017

2018

2019

Overlapping debt which represents the total debt of regional districts where the City of Surrey is a member and is jointly and severally liable, is not included. The City’s overlapping debt (in millions of dollars) was $2,213 in 2019 (2018: $2,201).

Debt Servicing Costs Compared to General Taxation Revenue

2019 Debt Servicing Costs Compared to General Taxation Revenue (in thousands)

Source: City of Surrey Finance Department

Debt Servicing Costs Funded by General Taxation Revenue, $12,780

General Taxation Revenue Net of Debt Servicing Costs, $355,882

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