114 / 150
58
City of Surrey
For the year ended December 31, 2014, with comparative figures for 2013
Schedule 10
Reserves, Contingencies and Surplus
2014
2013
2012
2011
2010
(recast - note 2)
(recast - note 2)
(recast - note 2)
(recast - note 2)
RESERVE FUNDS
Equipment and building replacement
$ 35,888
$ 34,836
$ 36,653
$ 38,157
$ 40,268
Capital legacy
2,854
23,998
12,757
28,417
30,424
Neighborhood Concept Plans
23,836
23,545
21,439
20,657
19,460
Local improvement financing
15,173
14,654
14,273
14,435
13,847
Municipal land
-
(1,378)
(8,205)
1,665
7,626
Environmental stewardship
6,448
6,558
6,580
6,359
6,908
Park land acquisition
8,876
5,186
2,984
9,040
5,027
Water claims
1,315
1,299
1,280
1,255
1,226
Parking space
1,260
1,244
1,226
1,202
1,174
Affordable housing
8
33
18
67
5
$ 95,658
$ 109,975
$ 89,005
$ 121,254
$ 125,965
UNAPPROPRIATED SURPLUS
General operating fund
$
7,831
$
7,831
$
6,348
$
8,793
$ 12,519
Employee future benefits
(6,998)
(6,998)
(6,998)
(6,998)
(6,998)
Water operating fund
3,000
3,000
3,000
3,000
3,000
Sewer operating fund
3,000
3,000
3,000
3,000
3,000
Library Services
(325)
(324)
(324)
(324)
(324)
6,508
6,509
5,026
7,471
11,197
Other Entities:
Surrey City Development Corp
(105,265)
(96,505)
(58,707)
(18,472)
(13,229)
Surrey Homelessness and Housing Society
8,212
8,380
8,692
8,720
8,847
$ (90,545)
$ (81,616) $ (44,989) $ (2,281) $
6,815
APPROPRIATED SURPLUS
Infrastructure replacement
$
6,103
$ 49,376
$ 46,154
$ 58,018
$ 53,830
Self insurance
15,982
16,138
14,755
14,442
18,554
Revenue stabilization
13,250
12,661
12,661
9,723
9,124
Operating contingency and emergencies
8,758
7,042
7,042
7,042
7,042
Environmental emergencies
5,346
2,852
5,928
5,771
5,206
Prepaid expenses
3,962
3,299
2,941
1,725
1,495
Inventories of supplies
1,011
1,010
1,030
1,012
1,002
$ 54,412
$ 92,378
$ 90,511
$ 97,733
$ 96,253
COMMITTED FUNDS
General operating
$ 51,611
$ 50,786
$ 47,921
$ 43,784
$ 46,575
Library Services
198
219
250
608
532
Sewer operating and capital
24,232
27,378
29,251
20,862
20,898
Drainage operating and capital
18,779
14,630
13,413
11,129
13,512
Water operating and capital
38,406
35,549
37,345
33,731
33,268
$ 133,226
$ 128,562
$ 128,180
$ 110,114
$ 114,785
Tangible Capital Assets
(note 12)
$ 7,988,160
$ 7,703,720
$ 7,402,088
$ 7,139,203
$ 6,974,182
Internal borrowings
(25,536)
-
-
-
-
Debt funded assets
(171,734)
(158,199)
(86,044)
(35,721)
-
Total Equity in Tangible Capital Assets
$ 7,790,890
$ 7,545,521
$ 7,316,044
$ 7,103,482
$ 6,974,182
TOTAL ACCUMULATED SURPLUS
$ 7,983,641
$ 7,794,820
$ 7,578,751
$ 7,430,302
$ 7,318,000