2015 City of Surrey Annual Report
City of Surrey
Schedule 5  UNAUDITED ROADS & TRAFFIC SAFETY OPERATING FUND
For the year ended December 31, 2015, with comparative figures for 2014 [in thousands of dollars]
2015 Budget
2014
2015
(Schedule 2)
REVENUES Taxation revenue
$
19,236
$
16,224
$
19,197
Sales of goods and services
3,858
758
1,727
Developer contributions
-
24
963
Transfers from other governments
-
1,038
565
Other
-
439
479
23,094
18,483
22,931
EXPENSES Roads and traffic safety
34,080
31,909
37,997
Parking
-
-
279
34,080
31,909
38,276
(10,986)
(13,426)
Excess (Deficiency) of Revenues over Exp.
(15,345)
Transfers from other funds and reserves
10,986
9,299
15,834
ANNUAL SURPLUS
-
(4,127)
489
Accumulated Surplus, beginning of year
-
32,246
28,119
Accumulated Surplus, end of year
$
-
$
28,119
$
28,608
The 2015 Tax Levy Budget was used to determine 2015 taxation rates.
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