City of Surrey's 2024-2028 Financial Plan

WATER—SIGNIFICANT CHANGES

(in thousands)

REVENUES 2023 ADOPTED BUDGET

$

92,935

Taxation

Local Improvement

…………………………….

$

6

6

Sales & Services Rate, Growth & Adjustments

…………………………….

3,941

3,941

Developer Contributions

…………………………….

-

-

Investment Income

…………………………….

1,685

1,685

Other Revenues Penalties & Interest

……………………………. …………………………….

8 5

Other

13

Total Change in Revenue

5,645

2024 REVENUE BUDGET

$

98,580

EXPENDITURES 2023 ADOPTED BUDGET

$

92,935

Expenditures Salaries and Benefits

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

$

69

Operating Costs

7,213 1,275

Internal Services Used

Internal Services Recovered

(25) (63)

External Recoveries

8,469

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

…………………………….

(1,232)

Change in DCC Contributions (Municipal Assist Factor) …………………………….

(71)

Change in Contributions to/from Reserves

…………………………….

(1,379)

(2,682)

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

…………………………….

(142)

$

(142)

Total Change in Expenditures

5,645

2024 EXPENDITURE BUDGET

$

98,580

2024 BUDGET

$

-

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

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