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2016 Annual Report
1

Table of Contents
4

Introduction
6

Message from the Mayor
6

City Council & Surrey Officers
7

Organizational Chart
8

Canadian Award for Financial Reporting
9

City of Surrey Overviews
11

Awards
13

City Manager's Department
15

Engineering Department
17

Finance & Technology Department
19

Fire Department
21

Human Resources Department
23

Investment & Intergovernmental Relations
25

Parks, Recreation & Culture Department
27

Planning & Development Department
29

RCMP
31

City of Surrey Public Library
33

Performance Measures
35

City Manager
36

Engineering
37

Finance & Technology
38

Fire
39

Human Resources
40

Investment & Intergovernmental Relations
41

Parks, Recreation & Culture
42

Planning & Development
43

RCMP
44

Surrey Public Library
45

Financial Statements
46

Audit Committee
47

Report from the General Manager, Finance & Technology
48

City of Surrey Financial Statements
50

City of Surrey, Independent Auditors' Report
51

Consolidated Statement of Financial Position
52

Consolidated Statement of Operations
53

Consolidated Statement of Changes in Net Financial Assets (Debt)
54

Consolidated Statement of Cash Flows
55

Notes to the Consolidated Financial Statements
56

Supplementary Financial Information
82

Surrey Public Library Financial Statements
102

Surrey Public Library, Independent Auditors' Report
103

Statement of Financial Position
104

Statement of Operations
105

Statement of Change in Net Debt
106

Statement of Cash Flows
107

Notes to the Financial Statements
108

Supplementary Financial Information
114

Permissive Exemptions
117

Statistical Review
132

Population
133

Average Residential Tax and Utilities Bill
133

2016 Average Residential Tax and Utilities Bill
134

2016 Taxable Assessment and Taxation by Property Class
134

Taxable Assessment and Taxation Statistics
135

Assessment for Taxation
135

2016 Household Expenditures versus City Services
136

Building Permits
137

Construction Value of Building Permits Issued
137

Largest Employers in Surrey
138

Unemployment Rates
139

Commercial and Industrial Development Approved in Surrey
139

Surrey's Distribution by Sector
140

Consolidated Debt per Capita
140

Gross Debt supported by Property Tax versus Total Debt
141

2016 Debt Servicing Costs Compared to General Taxation Revenue
141

Revenue Trend by Source of Revenue
142

Expenses Trend by Function
142

Net Tangible Capital Asset Acquisitions
143

Financial Statistics
143