92 / 144
82
SCHEDULE 7
UNAUDITED SEWER
OPERATING FUND
CITY OF SURREY
2016
Utility Rates
Budget
2016
2015
(Schedule 2)
REVENUES
Taxation revenue
$
1,935
$
2,244
$
2,533
Sales of goods and services
45,894
48,015
46,129
Developer contributions
-
-
8
Investment income
528
375
496
Other
240
464
451
48,597
51,098
49,617
EXPENSES
Sewer
45,048
43,480
41,023
45,048
43,480
41,023
Excess of Revenues over Expenses
3,549
7,618
8,594
Transfers to other funds and reserves
(3,549)
(7,192)
(3,850)
ANNUAL SURPLUS
-
426
4,744
Accumulated Surplus, beginning of year
-
53,863
49,119
Accumulated Surplus, end of year
$
-
$ 54,289
$ 53,863
The 2016 Tax Levy Budget was used to determine 2016 taxation rates.
For the year ended December 31, 2016, with comparative figures for 2015
[in thousands of dollars]