2025-2029 Surrey Financial Plan

FINANCE—DEPARTMENTAL OPERATIONS (in thousands)

2023

2024

2024

2025

2026

2027

2028

2029

DIVISION SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Administration

$

2,034 3,445

$

2,000 3,554 1,232 1,753

$

2,923 4,317 1,444 2,153

$ 2,811

$

2,933 4,487 2,393 1,878

$

3,060 4,562 2,437 1,879

$

3,193 4,638 2,482 1,880

$

3,332 4,716 2,529 1,880

Financial Planning & Analysis Financial Reporting & Systems

4,413 2,349 1,876

884

Financial Services

1,559

$ 7,922

$ 8,539

$ 10,837

$ 11,449

$ 11,691

$ 11,938

$ 12,193

$ 12,457

ACCOUNT SUMMARY

Revenues Sale of Goods and Services

$

(1,436)

$

(1,501)

$

(1,513)

$ (1,544)

$

(1,591)

$

(1,639)

$

(1,688)

$

(1,739)

Transfers from Other Governments

-

-

- -

- -

- -

- -

- -

- -

Grants, Donations and Other

(3)

(9)

(1,439)

(1,510)

(1,513)

(1,544)

(1,591)

(1,639)

(1,688)

(1,739)

Expenditures Salaries and Benefits

9,522

10,276

12,182

12,831

13,081

13,337

13,601

13,873

Operating Costs

578

562

1,288

1,287

1,326

1,365

1,405

1,448

Internal Services Used

35

35

51

51

51

51

51

51

Internal Services Recovered

(763)

(798)

(893)

(898)

(898)

(898)

(898)

(898)

External Recoveries

(21)

(26)

(28)

(28)

(28)

(28)

(28)

(28)

9,351

10,049

12,600

13,243

13,532

13,827

14,131

14,446

Net Operations Total

7,912

8,539

11,087

11,699

11,941

12,188

12,443

12,707

Transfers To (From) Capital Sources To (From) Operating Sources

10

- - -

-

-

-

-

-

-

-

(250) (250)

(250) (250)

(250) (250)

(250) (250)

(250) (250)

(250) (250)

10

$ 7,922

$ 8,539

$ 10,837

$ 11,449

$ 11,691

$ 11,938

$ 12,193

$ 12,457

1.98% of General Net Taxation allocated to Finance

City of Surrey | 2025—2029 Financial Plan | General Operating Fund | Finance

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