City of Surrey's 2024-2028 Financial Plan

ENGINEERING—SIGNIFICANT CHANGES (in thousands)

2023 ADOPTED BUDGET

$

4,425

REVENUES Sales and Services Engineering Professional Services Fees Land Development Application Fees Grants, Donations and Other Realty Rental and Lease Revenue Land Development Permit Fees

$

4

…………………………………………

(726)

(722)

………………………………………… …………………………………………

(768) (130)

(898)

Total Change in Revenues

(1,620)

EXPENDITURES Salaries/Wages & Benefits Salary Adjustments

………………………………………… ………………………………………… …………………………………………

2,894

Reclassed Positions

138 650

New Positions

3,682

Operating Costs Engineering Operations

………………………………………… ………………………………………… ………………………………………… …………………………………………

245

Engineering Professional Services

5

Land Development

(14)

Realty Services

121

357

Internal Services Used/(Recovered) Engineering Operations Engineering Professional Services

………………………………………… ………………………………………… ………………………………………… …………………………………………

(2,840)

(72)

Land Development

499

Realty Services

(32)

(2,445)

External Recoveries

125

125

Transfer To/(From) Own Sources

(128)

(128)

Total Change in Expenditures

1,591

2024 BUDGET

$

4,396

2024 ADOPTED BUDGET

$

4,396

REVENUES Land Development Growth

………………………………………… …………………………………………

$

(938) (387)

Realty Growth

(1,325)

Total Change in Revenues

(1,325)

EXPENDITURES Salaries/Wages & Benefits Salary Adjustments and Growth

…………………………………………

10,823

10,823

Operating Costs Inflationary Increases and Growth

…………………………………………

1,682

1,682

Internal Services Used/(Recovered)

(8,611)

(8,611)

Total Change in Expenditures

3,894

$

6,965

2028 BUDGET

City of Surrey | 2024—2028 Financial Plan | General Operating Fund | Engineering

177