City of Surrey's Annual Financial Report 2021

NOTESTOTHE CONSOLIDATED CITY OF SURREY FINANCIAL STATEMENTS

For the year ended December 31, 2021 [tabular amounts in thousands of dollars]

22. BUDGET DATA

The budget data presented in these consolidated financial statements was included in the City of Surrey 2021-2025 Consolidated Financial Plan and was adopted through Bylaw #20198 on December 21, 2020. The following table reconciles the approved budget to the budget figures reported in these consolidated financial statements.

Budget Amount

Approved consolidated budgeted revenues

$

1,185,515

Approved consolidated budgeted expenditures

1,483,180 (167,665) 1,315,515

Transfers between funds

Less: Capital expenditures

(612,321)

Municipal debt principal repayments

(5,570)

Add: Transfers between funds

167,665 865,289

Total Expenses:

Annual surplus per statement of operations

$

320,226

23. COMPARATIVE FIGURES

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

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