City of Surrey 2019 Annual Financial Report

NOTESTOTHE CONSOLIDATED CITY OF SURREY  FINANCIAL STATEMENTS

For the year ended December 31, 2019 [tabular amounts in thousands of dollars]

5. DEPOSITS AND PREPAYMENTS

2019

2018

Deposits:

$

56,383 80,506 89,594 33,763

Future works

$

54,043 73,123 98,149 34,530

Planning and permits

Engineering

Capital deposits

4,266 1,761

Pavement cuts

5,022 1,978 1,854 4,117

Boulevard trees

984

Latecomer

4,753

Other deposits

Total deposits

$

272,010

$

272,816

Prepayments: Taxes

$

42,400

$

41,177

3,206

Utilities

2,578

627

Other prepayments

91

Total prepayments

46,233

43,846

Total deposits and prepayments

$

318,243

$

316,662

6. DEFERRED REVENUE

2019

2018

$

31,021

Development/building permits

$

31,074

6,013 8,833

Deferred lease revenue

6,091 7,125

Other

$

45,867

$

44,290

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