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Notes to the Consolidated Financial Statements
For the year ended December 31, 2014
[tabular amounts in thousands of dollars]
41
City of Surrey
23. Budget data
The budget data presented in these consolidated financial statements was included in the City of Surrey
2014 – 2018 Consolidated Financial Plan and was adopted through By-law #18109 on January 13, 2014.
The following table reconciles the approved budget to the budget figures reported in these consolidated
financial statements.
Budget Amount
Revenues:
Approved consolidated budget
$
891,663
Less:
Borrowing proceeds
(8,000)
Total Revenues
883,663
Expenses:
Approved consolidated budget
1,108,507
Transfers between funds
(216,844)
891,663
Less:
Capital expenditures
(457,864)
Add:
Transfers between funds
216,844
Total Expenses
650,643
Annual surplus per statement of operations
$
233,020