City of Surrey's 2024-2028 Financial Plan

TRANSPORTATION—SIGNIFICANT CHANGES (in thousands)

REVENUES 2023 ADOPTED BUDGET

$

47,755

Taxation Growth

…………………………….

$

5,772

5,772

Non-Taxation Revenues Sale of Goods and Services

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

70

Developer Contributions

(55)

Transfers from Other Governments

303 132

Other Revenue

450

Total Change in Revenue

6,222

2024 REVENUE BUDGET

$

53,977

EXPENDITURES 2023 ADOPTED BUDGET

$

47,755

Expenditures Salaries/Wages & Benefits Salary Adjustments and Growth

…………………………….

370

370

Operating Costs Operating Costs Adjustment

…………………………….

2,581

2,581

Internal Services Used/Recovered Internal Services Adjustment

…………………………….

656

656

External Recoveries External Recoveries Adjustment

…………………………….

-

-

Transfers To/(From) Capital Sources Change in Capital Funding

…………………………….

852

852

Transfers To/(From) Operating Sources Change in Operating Funding

…………………………….

1,763

1,763

Total Change in Expenditures

6,222

2024 EXPENDITURE BUDGET

$

53,977

2024 BUDGET

$

-

REVENUES 2024 ADOPTED BUDGET

$

53,977

Taxation Increase Due to Growth Change in Non-Taxation Revenue

……………………………. …………………………….

$

19,163

1,553

20,716

2028 REVENUE BUDGET

$

74,693

EXPENDITURES 2024 ADOPTED BUDGET

53,977

Operating Costs

…………………………….

3,235

3,235

TRANSFERS Contribution to Capital Contribution to Operating

……………………………. …………………………….

8,930 8,551

17,481

2028 EXPENDITURE BUDGET

$

74,693

2028 BUDGET

$

-

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

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