2025-2029 Surrey Financial Plan

DRAINAGE—FINANCIAL SUMMARY

(in thousands)

2023

2024

2024

2025

2026

2027

2028

2029

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Drainage Parcel Tax Special Assessment

$ 45,382

$ 46,791

$ 46,425

$ 47,641

$ 48,509

$ 49,395

$ 50,298

$ 51,219

53

47

27

27

28

29

30

31

Taxation

45,435

46,838

46,452

47,668

48,537

49,424

50,328

51,250

Sale of Goods and Services

111

560

20

20

20

20

20

20

Investment Income

227

1,199

824

1,754

1,672

775

1,200

747

Transfers from Other Governments

768

392

94

100

100

100

100

100

226 226

Grants, Donations and Other

413 413

609 609

329 329

228 228

230 230

232 232

234 234

Other Revenue

TOTAL REVENUE

$ 46,954

$ 49,598

$ 47,901

$ 49,768

$ 50,557

$ 50,549

$ 51,880

$ 52,351

EXPENDITURE SUMMARY

2,298 7,720 6,676

Salaries and Benefits

1,990 6,853 6,191

2,215 7,110 6,303

2,339 7,241 6,313

2,344 7,874 6,680

2,391 8,032 6,812

2,439 8,193 6,946

2,488 8,357 7,084

Operating Costs

Internal Services Used

(396)

Internal Services Recovered

(364)

(393)

(388)

(404)

(412)

(420)

(428)

-

-

-

-

-

External Recoveries

(75)

(14)

-

.

TOTAL EXPENDITURE

$ 14,595

$ 15,220 15,505 $

$ 16,298

$ 16,494

$ 16,823

$ 17,158

$ 17,501

TRANSFERS SUMMARY

$ 23,306 29,024 $

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

$ 25,062

$ 29,699

$ 29,528

$ 29,100

$ 30,003

$ 30,036

4,446

7,297

4,680

9,090

4,535

4,626

4,719

4,814

TOTAL TRANSFERS

$ 32,359

$ 34,379 32,396 $

$ 33,470

$ 34,063

$ 33,726

$ 34,722

$ 34,850

NET DRAINAGE

$

-

$

-

$

-

$

-

$

-

-

$

$

-

$

-

Drainage Operations 41.7% Capital 58.3%

City of Surrey | 2025—2029 Financial Plan | Utilities Operating Fund | Drainage

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