City of Surrey's Annual Financial Report 2020

CONSOLIDATED STATEMENT OF CITY OF SURREY OPERATIONS

For the year ended December 31, 2020, with comparative figures for 2019 [in thousands of dollars]

2020 Budget

2020

2019

(Note 23)

REVENUES Taxation revenue (Note 17) Sales of goods and services

$ 463,081

$ 457,727

$ 438,805

254,553 55,377 156,812 19,407 42,287 60,112 1,051,629

275,998 147,514 119,847 19,193 72,950 73,271 1,166,500 178,999 135,047 93,463 74,959 80,944 68,017 75,536 36,894 34,796 32,090 22,685 11,663

266,705

Development cost charges (Note 9)

76,830

Developer contributions

218,080 28,643 35,467

Investment income

Transfers from other governments (Note 21)

Other (Note 18)

72,036

TOTAL REVENUES

1,136,566

EXPENSES Police services

167,134 95,424 82,385 73,879 79,191 67,666 72,826 40,084 34,079 30,369 17,206 13,362

166,653 122,626 119,527 79,006 75,329 68,304 71,229 38,308 36,030 30,401 20,867 13,073

Parks, recreation and culture

General government

Roads and traffic safety

Water

Fire services

Sewer

Solid waste

Drainage

Planning and development

Library services

Engineering

3,196 2,342

Surrey City Energy

2,563 2,858

2,695 2,998

Parking

TOTAL EXPENSES

779,143

850,514

847,046

ANNUAL SURPLUS

272,486

315,986

289,520

9,339,851

Accumulated surplus, beginning of year

9,339,851

9,050,331

$ 9,612,337

Accumulated surplus, end of year

$ 9,655,837

$ 9,339,851

To be read in conjunction with the Notes to the Consolidated Financial Statements

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