City of Surrey 2019 Annual Financial Report

STATISTICAL REVIEW

CONSOLIDATED REVENUES (in thousands)

Source: City of Surrey Finance Department

2019

2015

2016

2017

2018

Taxation Revenue Property taxes Drainage parcel taxes Grants-in-lieu of taxes

348,065 $

363,342 56,426 18,539

$

276,588 $

297,206 $

320,990 $

50,108 16,244

51,569 16,446

53,629 16,596

55,138 16,626

498

Other

520

642

480

316

Collections for other authorities Province of BC - School taxes Greater Vancouver Regional District

262,525

215,134

215,746

230,932 $

241,267

8,083 7,975

6,140 6,832

6,059 6,786

6,541 7,362

7,676 7,766

BC Assessment Authority

50,333 28,939 796,660 (357,855) $438,805

Greater Vancouver Transportation Authority

42,579 10,327 624,472 (281,012)

41,375 14,759 650,588 (284,725)

43,692 13,979 694,201 (302,506)

46,500 14,262 737,616 (317,471)

Other

Collections for other authorities

420,145 $

$

343,460 $

365,863 $

391,695 $

Sale of Goods and Services Application fees

5,012 $

4,844

$

2,831 $

3,537 $

3,525 $

27,310 181,123 53,428 266,705

Recreation and culture Utility rates and fees

21,520 147,107 40,062

24,727 153,449 44,529

26,049 159,347 51,116

27,513 168,067 49,689

Other

250,281 $

$

211,520 $

226,242 $

240,037 $

Development Cost Charges

68,353 $

76,830

$

58,598 $

61,260 $

104,963 $

Developer Contributions

263,556 $

218,080

$

143,004 $

141,214 $

183,736 $

Investment Income

22,633 $

28,643

$

16,437 $

16,500 $

17,533 $

Transfers from Other Governments

37,445 $

27,257

Provincial government and other

$

22,013 $

22,074 $

21,152 $

1,669

Federal government

392

710

3,525

14,277

51,722 $

28,926

$

22,405 $

22,784 $

24,677 $

Other Licenses and permits Leases and rentals

33,713 $

36,898 13,399

$

24,126 $

27,575 $

30,040 $

11,954

10,589

11,830

13,286

6,402 5,112

Penalities and interest on taxes

4,901 5,214

4,776 5,264

4,812 5,486 9,511

5,365 7,130

Miscellaneous

12,145

Gain on sale of assets

11,821

32,634

15,709

-

Gain on sale of parnership interest

-

-

-

7,338

82,541 $

73,956

$

58,016 $

80,838 $

61,679 $

TOTAL REVENUES

1,159,231 $

1,131,945

$

853,440 $

914,701 $

1,024,320 $

112