City of Surrey's Annual Financial Report 2021

STATISTICAL REVIEW

Reserves, Committed Funds and Surplus (in thousands)

Source: City of Surrey Finance Department

2021

2017

2018

2019

2020

Reserve Funds (before internal borrowing) Capital legacy

$

49,317 69,894 37,959 41,618 13,600 18,104 6,945 3,746 1,382 2,100 30,412 275,077

$

46,534 22,649 35,659 23,775 26,309 16,591

$

47,329 39,002 32,611 22,521 22,372 17,015

$

47,847 53,947 25,714 28,003 17,408 17,417

$

48,981 63,463 29,067 31,227

Municipal land

Equipment and building replacement

Neighbourhood concept plans

Park land acquisition

4,651

Local improvement financing Environmental stewardship

17,803

6,661 2,618 1,345

6,749 2,629 1,351

6,809 2,651 1,362

6,855 3,089 1,378 1,058 1,108

Parking space Water claims

Affordable housing

23

23

591

Capital Projects

-

-

-

$

$

182,164 $

191,602

$

201,749

$

208,680

Internal Borrowing

$

(126,035)

$

(78,695)

$

(105,365)

$

(144,237)

$

(149,909)

Committed Funds General operating Roads operating and capital Water operating and capital Sewer operating and capital Drainage operating and capital

$

201,974 30,153 23,506 15,796 11,658

$

63,469 $

82,883 14,559 31,728 18,908 11,922

$

82,593 17,020 29,096 18,382

$

173,102 25,360 21,379 15,820 10,608

38,032 38,131 17,921 12,162

8,918 3,762

4,817

Surrey City Energy operating and capital

5,777

(79)

3,168

407

Library Services

240

235

322

223

$

288,311

$

175,732

$

160,156 $

160,093

$

249,660

Appropriated Surplus (before allocations) Infrastructure replacement

$

19,616 13,490 12,328

$

(39,811) 16,593 12,288

$

(22,318) 13,490 11,732

$

(14,546) 13,490 13,253

$

(3,687)

Revenue stabilization

13,490 12,825

Self insurance

8,610 7,210 6,776 1,195

Operating contingency and emergencies

8,782 7,420 4,375

8,276 7,082 4,197

8,276 7,082 4,577

8,607 7,082 5,352

Environmental emergencies

Prepaid expenses

Inventories of supplies

929

760

874

988

$

69,225

$

10,576

$

23,219

$

33,006 $

44,657

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

111