Financial Annual Report 2016
STATISTICAL REVIEW
Gross Debt supported by Property Tax versus Total Debt (in millions)
Source: City of Surrey Financial Services Division
$1600
$1400
$1200
$1000
$800
$600
$400
$200
$0
2012
2013
2014
2015
2016
Gross Debt supported by Property Tax
Other Municple Debt
Total Debt (including internal borrowing)
Borrowing Capacity
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 $1,960 in 2016 (2015: $1,956).
2016 Debt Servicing Costs Compared to General Taxation Revenue (in thousands)
Source: City of Surrey Financial Services Division
Debt Servicing Costs Funded by General Taxation Revenue, $12,780
General Taxation Revenue Net of Debt Servicing Costs, $294,299
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