2018 - 2022 FINAL Financial Plan (interactive version)

UTILITY OVERVIEW WATER

MISSION STATEMENT To continue to provide clean and safe drinking water to support the building of a healthy, sustainable community.

KEY PROGRAMS AND SERVICES The Water Utility plans, designs, constructs and replaces the infrastructure required to deliver water to the City; administers water conservation programs; audits water loss; maintains and enhances water quality; and administers cross connection control. The Utility’s primary responsibility, in partnership with the Operations Division and Metro Vancouver, is to supply clean, safe drinking water to the residences and businesses of Surrey. The Water Utility provides safe and clean drinking water to properties and over 530,000 residents through a 1,800 km distribution network, nine pump stations, and 100 pressure reducing stations. Over 98% of Surrey’s residents obtain their drinking water from the City’s Water System. The rate charged by the Greater Vancouver Water District (GVWD) for water is projected to increase significantly over the next 10 years, as shown in the chart below. It is expected that Surrey’s proposed meter rate increase would be similar to that of GVWD’s bulk water rate increase. The flat rate would reflect the average consumption of unmetered single-family homes and is expected to increase in similar pace as the metered rate.

Surrey Water Rates vs GVWD Charges

Proposed Flat Rate

Proposed Metered Rate

Proposed GVWD Charges

$1,600

$120,000,000

$1,400

$100,000,000

$1,200

$80,000,000

$1,000

Proposed Flat  &  Metered Rate

GVWD  Charges

$60,000,000

$800

$600

$40,000,000

$400

$20,000,000

$200

$0

$0

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Source: City of Surrey Finance Department

the future lives here.

2018-2022 Financial Plan

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