City of Surrey Financial_Plan 2015-2019

1 Accounts payable invoices processed are variable due to timing of receiving invoices as well as the variation of capital projects year over year. 2 Accounts receivable invoices created are variable due to variation in cost sharing agreements and activity levels in various City departments.

3 Increase due to RCMP department now receiving electronic paystubs.

4 Less than budgeted due to less claims than prior years which allowed staff to investigate faster and close sooner. Due to the variable nature of claims, future targets have not been revised.

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