73 / 140
63
For the year ended December 31, 2015
[tabular amounts in thousands of dollars]
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
City of Surrey
8. DEPOSITS AND PREPAYMENTS
2015
2014
Deposits:
Future works
$
39,474
$
37,687
Planning and permits
48,607
42,901
Engineering
42,333
33,673
Capital deposits
9,740
7,753
Pavement cuts
3,967
3,535
Boulevard trees
2,333
2,669
Latecomer
929
763
Tenant deposits
641
397
Other deposits
4,161
2,790
Developer works agreement
140
95
Amenities
315
288
Total deposits
$
152,640
$
132,551
Prepayments:
Taxes
$
38,811
$
34,676
Utilities
2,029
1,813
Tax sale private purchase payment
1,294
1,449
Other prepayments
10
35
Total prepayments
42,144
37,973
Total deposits and prepayments
$
194,784
$
170,524
9. DEFERRED REVENUE
2015
2014
Development/building permits
$
19,471
$
16,269
Deferred gains on land sales to joint ventures
3,958
4,764
Deferred lease revenue
5,924
3,873
Other
1,952
1,537
$
31,305
$
26,443