City of Surrey's 2024-2028 Financial Plan

DRAINAGE—SIGNIFICANT CHANGES

(in thousands)

REVENUES 2023 ADOPTED BUDGET

$

45,694

Taxation

……………………………. ……………………………. ……………………………. ……………………………. …………………………….

$

1,351

Developer Contributions

-

Investment Income

725

Transfers from Other Governments

64 67

Other Revenues

Total Change in Revenue

2,207

2024 REVENUE BUDGET

$

47,901

EXPENDITURES 2023 ADOPTED BUDGET

$

45,694

Expenditures Salaries and Benefits

…………………………….

270

Operating Costs

…………………………….

(901)

Internal Services Used

244

Internal Services Recovered

(11)

External Recoveries

…………………………….

-

(398)

Interest Allocated to Appropriated Surplus

…………………………….

-

-

Transfers To/(From) Capital Sources Change in Non-Growth Capital Contributions

…………………………….

9,043

Change in DCC Contributions (Municipal Assist Factor)

(7)

Change in Contributions to/from Reserves

…………………………….

(5,815)

3,221

Transfers To/(From) Operating Sources Change in Contribution to Operating Fund

…………………………….

(616)

(616)

Total Change in Expenditures

2,207

2024 EXPENDITURE BUDGET

$

47,901

$

-

2024 BUDGET

REVENUES 2024 ADOPTED BUDGET

$

47,901

$

2,735

2,735

Utility Revenue Change due to Rate, Growth & Adjustmen…………………………….

2028 REVENUE BUDGET

$

50,636

EXPENDITURES 2024 ADOPTED BUDGET

$

47,901

Change in Operations

…………………………….

1,232

1,232

TRANSFERS Change in Transfers To/(From) Capital Sources Change in Transfers To/(From) Operating Sources

……………………………. …………………………….

5,584

(4,081)

1,503

2028 EXPENDITURE BUDGET

50,636

2028 BUDGET

$

-

City of Surrey | 2024—2028 Financial Plan | Utilities Operating Fund | Drainage

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