City of Surrey's 2024-2028 Financial Plan

RANKED CAPITAL PROJECTS

(in thousands)

FUNDING AVAILABLE

2024

2025

2026

2027

2028

Contribution from Operating Funds Other Appropriations - Green City

$ 130,287 $ 125,591 $ 110,043 $

81,843 $

97,182

1,500

1,500

1,500

1,500

1,500

Other Reserve Funds

11,824 94,309 77,262 11,000 50,000 376,182 -

11,265 103,069 41,914 229,600 12,000 50,000 574,939

15,803 120,106 32,212 12,000 50,000 341,664 -

11,300 121,113 24,280 12,000 50,000 302,036 -

11,300 122,249 36,206 11,000 50,000 329,437 -

Non-Discretionary Contributions

External Contributions Borrowing Proceeds

Community Amenity Contribution Reserve

Unidentified - Budget Authority

Less: Base Capital Funding Land Acquisition

31,712

32,467

32,717

32,717

32,717 10,591

Sundry & Contingency

2,178 4,000

2,093 4,000

1,857 4,000

1,529 4,000

Building Repairs & Upgrades Utility Engineering Structures

4,000

196,834 14,704 50,000

203,601 14,475 50,000

207,902 19,013 50,000

173,200 14,510 50,000

201,560 14,510 50,000 313,378

Equipment Replacement

Unidentified - Budget Authority

299,428 306,636

315,489 275,956

$ 76,754 268,303 $

$ 2 6,175

$ 26,080

$

16,059

RANKED PROJECTS - CAPITAL EXPENDITURES

2024

2025

2026

2027

2028

Buildings Archives/1912 Hall Renovation

2,000 5,647

3,000 4,753

-

- - - - - - -

- - - - - - - - - - - - - - - - - - - -

500

City Centre Sports Complex - Phase 1 Cloverdale Sport & Ice Complex Fleetwood Firehall# 6 Relocation Interactive Art Museum - City Centre

37,000

-

-

- - -

3,500

10,500

-

- - - - -

2,800

12,200

229,600

Newton Community Centre

3,500 1,000

-

North Surrey Recreation Centre Demolition

Surrey Sports & Leisure Complex - Chilller Replacement Surrey Sports & Leisure Complex - Roof Replacement

-

-

7,500

1,000 2,000

2,000

1,000

- -

Truck Bay Expansion Fire Hall# 11 & #15

-

-

Truck Parking Improvements

52,147

242,853

12,000

10,300

12,200

Other Capital Improvements 1001 Steps Renovation

807 900

- - -

- - - - -

- -

Artificial Turf Replacement Hjorth Road Park West Field Cloverdale Athletic Park - Covered Multisport Facility

2,100

Cloverdale Athletic Park - New Artificial Turf Field and Parkin 4,000

7,300

- - - - - -

Covered Multi-Sport (Lacrosse Box) at South Surrey Athletic

3,500

- -

Covered Multi-Sport (Lacrosse Box) in Newton

4,625

Disc Golf at Port Mann Park

-

2,300

-

Focus Newton

1,400

- - - -

Grandview Heights Community Park - Phase 1

- -

3,100

Hadden House Upgrades

- -

750

Indoor Video Display at South Surrey Arena

400 750

-

New Park Washrooms Newton Youth Park Nicomekl Riverfront Park

750

750

750

750

-

-

-

3,850 2,500 5,330

-

1,600

3,500

4,200

2,609

North Surrey Community Park Improvements

- -

-

- -

- -

North Surrey Track Resurfacing

2,300

-

Park Improvements

500

500

500

500

500

Robertson Drive - Sport Court Pathway Improvements Sullivan Heights Park - Conversion of Cricket Pitch to Natura

-

1,000

550

- -

- - - - -

- - - - - - - -

- - - - - - - -

Sunnyside Cemetery Development- Phase 1 Sunnyside Park Ball Diamond Improvements

1,000

100 700

3,600

Surrey Sports Hall of Fame

- - - -

Softball City Parking Lot and Sportfield Light Improvements

3,100

Sport Facility Site Development

-

1,000

Tamanawis Park - Third Field Hockey Turf Field and Change

4,700

- -

Unwin Community Park

600

4,200

24,607

25,450

14,175

15,780

3,859

$ 76,754 268,303 $

$ 26,175

$ 26,080

$

16,059

City of Surrey | 2024—2028 Financial Plan | Capital Program

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