City of Surrey's 2024-2028 Financial Plan

FINANCE

EDUCATION & CULTURE

Continue to create a Finance Cost Recovery Guide for emergency event claims; and

• Explore Data Driven Decision Making (“D3M”) capabilities to develop graphical operating and capital budget

•

reports for City departments along with Merchant Services statistics.

INFRASTRUCTURE

• Facilitate the payroll implementation of the new federal reporting requirement for employer-offered dental benefits functionality and continuing with overall process efficiencies; and

• Collaborate with IT to implement a

new accounts receivable dashboard to track invoices by outstanding period, departments, and customer type.

CORPORATE SUSTAINABILITY

• Publish the 2023 Annual Financial Report, meeting all legislated and Public Sector Accounting Board standards and requirements; • Continue to assist with the SCDC regulatory and audit requirements; and

Continue to find opportunities for collaborative procurements by simplifying and standardizing similar requirements to achieve value for money for various departments in the City.

•

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

186