2015 Financial Annual Report
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS City of Surrey
For the year ended December 31, 2015 [tabular amounts in thousands of dollars]
14. ACCUMULATED SURPLUS
Accumulated surplus consists of individual fund surplus and reserves. Operating surplus for the City is as follows:
2014 (recast – note 3)
2015
$
7,985,458
Accumulated Surplus per Statement of Financial Position
$
8,168,425
Less Restricted Funds:
Tangible capital assets Debt funded assets
7,989,977 (171,734) 7,818,243
8,130,440 (182,656) 7,947,784
Reserves set aside by Council Equipment and Building Replacement
35,888
33,670 19,486 22,783 15,689
Capital Legacy
2,854
Neighborhood Concept Plans Local Improvement financing Environmental Stewardship
23,836 15,173
6,448 8,876 1,315 1,260
6,536 9,948 1,328 1,535
Park Land Acquisition
Water Claims Parking Space
Affordable Housing
8
23
95,658
110,998 (23,213)
(25,536)
Internal borrowing
Restricted Reserves Infrastructure Replacement
6,103
(5,058) 15,053 13,989
Self-Insurance
15,982 13,250
Revenue Stabilization Operating Emergencies Environmental Emergencies
8,758 5,346 3,962 1,011
8,782 7,420 3,997
Prepaid expenses
Inventories of supplies
857
Committed funds
133,226 187,638
147,662 192,702
Other Entities Surrey City Development Corporation Surrey Homelessness and Housing Society
(105,265)
(74,366)
8,212
8,012
(97,053)
(66,354)
7,978,950
Total Restricted Funds
8,161,917
$
6,508
Unappropriated Surplus
$
6,508
70
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