City of Surrey's 2024-2028 Financial Plan

PARKING AUTHORITY—FINANCIAL SUMMARY (in thousands)

2022

2023

2023

2024

2025

2026

2027

2028

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Sale of Goods and Services

$

3,186

$ 2,888

$

2,692

$ 2,459

$

2,509

$

2,559

$

2,610

$

2,661

Other Revenue

129

60

72

72

74

76

78

80

TOTAL REVENUE

$

3,315

$ 2,948

$ 2,764

$ 2,531

$ 2,583

$ 2,635

$ 2,688

$ 2,741

EXPENDITURE SUMMARY

Salaries and Benefits

672 509

630 509

809 663

860 675

877 684

895 693

913 702

931 711

Operating Costs

Internal Services Used

56

55

56

56

57

58

59

60

Internal Services Recovered

(100)

(81)

(84)

(83)

(85)

(87)

(89)

(91)

External Recoveries

-

-

-

-

-

-

-

-

TOTAL EXPENDITURE

$

1,137

$ 1,113

$ 1,444

$ 1,508

$ 1,533

$ 1,559

$ 1,585

$ 1,611

TRANSFERS SUMMARY

$

$

729 321

$

187 889

$

(575)

$

(551)

Transfers To/(From) Capital Sources Transfers To/(From) Operating Sources

1,333

1,482

$

967 353

705 318

845

353

1,678

1,681

TOTAL TRANSFERS

$

2,178

$ 1,835

$ 1,320

$ 1,023

$ 1,050

$ 1,076

$ 1,103

$ 1,130

NET PARKING AUTHORITY

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Parking Authority Operations 72.1% Capital 27.9%

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

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