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To be read in conjunction with the Notes to the Consolidated Financial Statements
For the year ended December 31, 2014, with comparative figures for 2013
[in thousands of dollars]
9
City of Surrey
Consolidated Statement of Operations
2014
Budget
2014
2013
(note 23)
(recast - note 2)
REVENUES
Taxation revenue
(note 16)
$ 310,047
$ 311,024
$ 293,292
Sales of goods and services
200,242
192,714
179,802
Development cost charges
(note 9)
109,892
56,611
68,383
Developer contributions
160,369
170,536
123,067
Investment income
18,601
18,454
20,189
Transfers from other governments
(note 22)
35,055
46,129
52,502
Other
49,457
48,764
53,394
TOTAL REVENUES
883,663
844,232
790,629
EXPENSES
Police services
124,241
120,938
116,146
Parks, recreation and culture
84,464
84,583
79,552
General government
79,333
71,210
59,271
Water
70,840
67,490
63,216
Fire services
55,751
61,114
53,969
Sewer
55,568
61,797
49,638
Engineering
5,349
12,061
8,970
Drainage
36,638
42,600
28,812
Solid waste
29,593
26,898
26,727
Roads & traffic safety
66,268
64,790
50,576
Planning and development
25,477
24,383
22,651
Parking
421
1,457
22
Surrey City Energy
425
310
420
Library services
16,275
15,780
14,590
TOTAL EXPENSES
650,643
655,411
574,560
ANNUAL SURPLUS
233,020
188,821
216,069
Accumulated Surplus, beginning of year
7,794,820
7,794,820
7,578,751
Accumulated Surplus, end of year
$ 8,027,840
$ 7,983,641
$ 7,794,820