City of Surrey's 2024-2028 Financial Plan

ROADS AND TRAFFIC SAFETY BYLAW, 2024, NO. 21218

CITY OF SURREY

Bylaw 21218

Schedule 1

Roads & Traffic Safety Operating Financial Plan To establish years 2024 to 2028 2024 2025 2026

2027

2028

PROPOSED FUNDING SOURCES Roads & Traffic Safety Levy

$ 41,905,000

$ 47,690,000

$ 53,911,000

$ 60,394,000

$ 60,997,000

Other Property Value Taxes

272,000

288,000

305,000

324,000

343,000

Revenues from Property Value Taxes

42,177,000

47,978,000

54,216,000

60,718,000

61,340,000

Taxation Revenues

42,177,000

47,978,000

54,216,000

60,718,000

61,340,000

Utilities Fees & Charges

1,057,000 1,057,000

1,085,000 1,085,000

1,106,000 1,106,000

1,135,000 1,135,000

1,165,000 1,165,000

Revenues from Fees

Developer Contributions

850,000

850,000

850,000

850,000

850,000

Transfers from Other Governments

7,388,000 2,505,000 10,743,000

7,500,000 2,659,000 11,009,000

7,650,000 2,769,000 11,269,000

7,803,000 3,171,000 11,824,000

7,959,000 3,379,000 12,188,000

Other Revenue

Revenues from Other Sources

TOTAL FUNDING SOURCES

$ 53,977,000

$ 60,072,000

$ 66,591,000

$ 73,677,000

$ 74,693,000

PROPOSED EXPENDITURES Engineering Services TOTAL EXPENDITURES

42,083,000

42,721,000

43,596,000

44,434,000

45,318,000

$ 42,083,000

$ 42,721,000

$ 43,596,000

$ 44,434,000

$ 45,318,000

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 21,835,000 24,594,000

27,353,000

30,615,000

30,836,000

Transfers To/(From) Reserve Funds Transfers To/(From) Capital Sources

(65,000)

(81,000)

(99,000)

(117,000)

(136,000)

$ 21,770,000

$ 24,513,000

$ 27,254,000

$ 30,498,000

$ 30,700,000

Transfers To/(From) Operating Sources

$ (9,876,000) $ (7,162,000) $ (4,259,000) $ (1,255,000) $ (1,325,000)

TOTAL TRANSFERS BETWEEN SOURCES 11,894,000 $

$ 17,351,000

$ 22,995,000

$ 29,243,000

$ 29,375,000

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

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

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