City of Surrey's 2024-2028 Financial Plan

PARKING AUTHORITY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2023 ADOPTED BUDGET

$

2,764

City Hall Parking Revenue

……………………………. …………………………….

$

(69)

Increase in Digital Sign Revenues

(164)

Total Change in Revenue

(233)

2024 REVENUE BUDGET

$

2,531

EXPENDITURES 2023 ADOPTED BUDGET

$

2,764

Expenditures Salaries/Wages & Benefits Salaries and Benefits

…………………………….

51

51

Operating Costs Change in Service Levels Adjustments

…………………………….

12

12

Internal Services Used

…………………………….

-

-

Internal Services Recovered

…………………………….

1

1

External Recoveries

…………………………….

-

-

Transfers To/(From) Capital Sources Parkade and Equipment Repayments

(262)

Contribution to Capital

…………………………….

-

(262)

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

…………………………….

(35)

(35)

Total Change in Expenditures

(233)

2024 EXPENDITURE BUDGET

$

2,531

2024 BUDGET

$

-

REVENUES 2024 ADOPTED BUDGET

$

2,531

Increase Due to Rate and Growth

…………………………….

$

210

210

2028 REVENUE BUDGET

$

2,741

EXPENDITURES 2024 ADOPTED BUDGET

$

2,531

Increase to Maintenance & Operations

…………………………….

103

103

TRANSFERS Parkade and Equipment Repayments

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

(1,256)

Contribution to Capital

-

Transfers To/(From) Operating Sources

1,363

107

2028 EXPENDITURE BUDGET

$

2,741

2028 BUDGET

$

-

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

312