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For the year ended December 31, 2014, with comparative figures for 2013
[in thousands of dollars]
City of Surrey
Surrey City Energy Operating Fund
Schedule 10
2014
Budget
2014
2013
(Schedule 2)
REVENUES
Developer contributions
$
-
$
104
$
8
-
104
8
EXPENSES
Surrey City Energy
425
310
420
425
310
420
Excess (Deficiency) of Revenues over Exp.
(425)
(206)
(412)
Transfers from other funds and reserves
425
(1,757)
(116)
ANNUAL SURPLUS
-
(1,963)
(528)
Accumulated Surplus, beginning of year
(1,622)
(1,094)
Accumulated Surplus, end of year
$
-
$ (3,585)
$ (1,622)
The 2014Tax Levy Budget was used to determine 2014 taxation rates.