City of Surrey 2019 Annual Financial Report

STATISTICAL REVIEW

RESERVES, COMMITTED FUNDS AND SURPLUS (in thousands)

Source: City of Surrey Finance Department

2019

2015

2016

2017

2018

Reserve Funds (before internal borrowing) Capital legacy

47,329 $

47,847 53,947 25,714 28,003 17,408 17,417

$

45,530 $

46,120 $

46,534 $

Municipal land

5,665

19,284 34,325 22,648 18,687 16,143

22,649 35,659 23,775 26,309 16,591

39,002 32,611 22,521 22,372 17,015

Equipment and building replacement

33,670 22,783

Neighbourhood Concept Plans

Park land acquisition

9,948

Local improvement financing Environmental stewardship

15,689

6,809 2,651 1,362

6,536 1,535 1,328

6,559 1,586 1,338

6,661 2,618 1,345

6,749 2,629 1,351

Parking space Water claims

591

Affordable housing

23

23

23

23

191,602 $

201,749

$

142,707 $

166,713 $

182,164 $

Internal Borrowing

(105,365) $

(144,237)

$

(54,922) $

(64,806) $

(78,695) $

Committed Funds General operating Roads operating and capital Water operating and capital Sewer operating and capital Drainage operating and capital

82,374 $

82,084 17,020 29,096 18,382

$

33,250 $

44,727 $

62,960 $

37,434 38,919 28,188 15,957 (6,268)

39,157 38,872 24,965 12,629

38,032 38,131 17,921 12,162

14,559 31,728 18,908 11,922

8,918 3,762

Surrey City Energy operating and capital

3,233

5,777

(79) 235

322

Library Services

182

238

240

159,647 $

159,584

$

147,662 $

163,821 $

175,223 $

Appropriated Surplus (before allocations) Infrastructure replacement

(28,318) $

(20,546)

$

(5,058) $

(22,278) $

(45,811) $

13,490 13,253

Revenue stabilization

13,989 15,053

16,589 13,113

16,593 12,288

13,490 11,732

Self insurance

8,276 7,082 4,577

Operating contingency and emergencies

8,782 7,420 3,997

8,782 7,420 4,517

8,782 7,420 4,375

8,276 7,082 4,197

Environmental emergencies

Prepaid expenses

874

Inventories of supplies

857

880

929

760

17,219 $

27,006

$

45,040 $

29,023 $

4,576 $

114