City of Surrey's Annual Financial Report 2021

STATISTICAL REVIEW

Consolidated Revenues (in thousands)

Source: City of Surrey Finance Department

2021

2017

2018

2019

2020

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

$

400,630 91,189 25,632

$

320,990 53,629 16,596

$

348,065 55,138 16,626

$

363,342 56,426 18,539

$

384,807 57,815 19,500

949

Other

480

316

498

959

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

295,169 11,509

230,932

241,267

262,525

220,026 10,012

6,541 7,362

7,676 7,766

8,083 7,975

9,021

BC Assessment Authority

8,702

60,400 40,157 934,656 (416,256)

Greater Vancouver Transportation Authority

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

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

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

56,236 23,728 781,785 (318,704) 463,081

Other

Collections for other authorities

$

518,400

$

391,695

$

420,145

$

438,805 $

Sale of Goods and Services Application fees

$

5,526 9,915

$

3,525

$

5,012

$

4,844

$

4,519 7,641

Recreation and culture Utility rates and fees

26,049 159,347 51,116 240,037

27,513 168,067 49,689 250,281

27,310 181,123 53,428 266,705

201,150 59,399 275,990

187,242 55,151 254,553

Other

$

$

$

$

$

Development Cost Charges

$

44,991

$

104,963

$

68,353

$

76,830

$

55,377

Developer Contributions

$

208,220

$

183,736

$

263,556

$

218,080

$

155,931

Investment Income

$

18,015

$

17,533

$

22,633

$

28,643

$

19,407

Transfers from Other Governments Provincial government and other

$

35,905 13,934

$

21,152

$

37,445 14,277

$

33,798

$

40,906

Federal government

3,525

1,669

2,262

$

49,839

$

24,677

$

51,722

$

35,467

$

43,168

Other Licenses and permits Leases and rentals

$

40,746 12,948

$

30,040 11,830

$

33,713 13,286

$

36,898 13,399

$

38,976 12,474

7,036 6,158

Penalities and interest on taxes

4,812 7,378 9,511

5,365

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

5,390 3,780

Miscellaneous

10,052 15,709

778

Gain on sale of assets

(686)

- -

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

- -

-

178

7,338

-

-

$

67,666

$

63,571

$

85,463

$

72,036

$

60,112

TOTAL REVENUES

$

1,183,121

$ 1,026,212

$ 1,162,153

$

1,136,566

$

1,051,629

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

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