City of Surrey's Annual Financial Report 2021

STATISTICAL REVIEW

Gross Debt Supported by Property Tax versus Total Debt (in millions) Gross Debt Supported by Property Tax versus Total Debt

Source: City of Surrey Finance Department

$2,500

Gross Debt Supported by Property Taxes

Other Municipal Debt

Total Debt Including Internal Borrowing

Borrowing Capacity

$2,000

$1,500

$1,000

$500

$0

2017

2018

2019

2020

2021

Overlapping debt which represents the total debt of regional districts where the City of Surrey is a member and is jointly and severally liable, is not included. The City’s overlapping debt (in millions of dollars) was $2,935 in 2020 (2020: $2,375).

Debt Servicing Costs Compared to General Taxation Revenue

2021 Debt Servicing Costs Compared to General Taxation Revenue (in thousands)

Source: City of Surrey Finance Department

Debt Servicing Costs Funded by General Taxation Revenue, $11,686

General Taxation Revenue Net of Debt Servicing Costs, $432,734

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