City of Surrey's Annual Financial Report 2020

STATISTICAL REVIEW

Consolidated Revenues (in thousands)

Source: City of Surrey Finance Department

2020

2016

2017

2018

2019

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

363,342 $

384,807 57,815 19,500

$

297,206 $

320,990 $

348,065 $

51,569 16,446

53,629 16,596

55,138 16,626

56,426 18,539

959

Other

642

480

316

498

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

220,026 10,012

215,746

230,932

241,267

262,525

6,059 6,786

6,541 7,362

7,676 7,766

8,083 7,975

8,702

BC Assessment Authority

56,236 23,728 781,785 (318,704)

Greater Vancouver Transportation Authority

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

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

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

50,333 28,939 796,660 (357,855)

Other

Collections for other authorities

438,805 $

463,081

$

365,863 $

391,695 $

420,145 $

Sale of Goods and Services Application fees

4,844 $

4,519 7,641

$

3,537 $

3,525 $

5,012 $

Recreation and culture Utility rates and fees

24,727 153,449 44,529

26,049 159,347 51,116

27,513 168,067 49,689

27,310 181,123 53,428

187,242 55,151 254,553

Other

266,705 $

$

226,242 $

240,037 $

250,281 $

Development Cost Charges

76,830 $

55,377

$

61,260 $

104,963 $

68,353 $

Developer Contributions

218,080 $

156,812

$

141,214 $

183,736 $

263,556 $

Investment Income

28,643 $

19,407

$

16,500 $

17,533 $

22,633 $

Transfers from Other Governments

33,798 $

40,025

Provincial government and other

$

22,074 $

21,152 $

37,445 $

2,262

Federal government

710

3,525

14,277

1,669

35,467 $

42,287

$

22,784 $

24,677 $

51,722 $

Other Licenses and permits Leases and rentals

36,898 $

38,976 12,474

$

27,575 $

30,040 $

33,713 $

10,589

11,830

13,286

13,399

5,390 3,780 (686)

Penalities and interest on taxes

4,776 6,363

4,812 7,378 9,511

5,365

6,402 5,898 4,659 4,780

Miscellaneous

10,052 15,709

Gain on sale of assets

32,634

178

Gain on sales of development properties Gain on sale of parnership interest

- -

- -

-

-

7,338

-

72,036 $

60,112

$

81,937 $

63,571 $

85,463 $

TOTAL REVENUES

1,136,566 $

1,051,629

$

915,800 $

1,026,212 $

1,162,153 $

Certain comparative information has been reclassified to conform to the financial statement presentation adopted in the current year. 116