95 / 144
For the year ended December 31, 2016, with comparative figures for 2015
[in thousands of dollars]
85
SCHEDULE 10
UNAUDITED SURREY CITY ENERGY
OPERATING FUND
CITY OF SURREY
2016
Budget
2016
2015
(Schedule 2)
REVENUES
Sales of goods and services
$
1,086
$
283
$
166
Developer contributions
-
-
151
1,086
283
317
EXPENSES
Surrey City Energy
1,289
395
231
1,289
395
231
Excess (Deficiency) of Revenues over Expenses
(203)
(112)
86
Transfers from (to) other funds and reserves
203
(4,422)
(2,769)
ANNUAL DEFICIT
-
(4,534)
(2,683)
Accumulated Deficit, beginning of year
-
(6,268)
(3,585)
Accumulated Deficit, end of year
$
-
$ (10,802)
$
(6,268)
The 2016 Tax Levy Budget was used to determine 2016 taxation rates.