City of Surrey's Annual Financial Report 2021

CONSOLIDATED STATEMENT OF CITY OF SURREY OPERATIONS

For the year ended December 31, 2021, with comparative figures for 2020 [in thousands of dollars]

2021 Budget

2021

2020

(Note 22)

REVENUES Taxation revenue (Note 17) Sales of goods and services

$

518,400 275,990 44,991 208,220 18,015 49,839 67,666 1,183,121 219,702 100,743 98,020 79,186 80,088 70,670 77,091 41,719 35,206 31,081 22,360 15,623

$

508,072 280,455 124,236 108,411 11,995 99,424 52,922 1,185,515 195,319 129,271 87,918 76,209 78,117 69,606 77,708 38,700 34,919 32,545 23,413 15,685

$

463,081 254,553 55,377 155,931

Development cost charges (Note 9)

Developer contributions

Investment income

19,407 43,168 60,112

Transfers from other governments (Note 21)

Other (Note 18)

TOTAL REVENUES

1,051,629

EXPENSES Police services

167,134 95,424 82,385 73,879 79,191 67,666 72,826 40,084 34,079 30,369 17,206 13,362

Parks, recreation and culture

General government

Roads and traffic safety

Water

Fire services

Sewer

Solid waste

Drainage

Planning and development

Library services

Engineering

3,892 2,224

Surrey City Energy

3,265 2,614

3,196 2,342

Parking

TOTAL EXPENSES

877,605

865,289

779,143

ANNUAL SURPLUS

305,516

320,226

272,486

9,612,337 9,917,853

Accumulated surplus, beginning of year

9,612,337 9,932,563

9,339,851 9,612,337

$

Accumulated surplus, end of year

$

$

To be read in conjunction with the Notes to the Consolidated Financial Statements

49