2025-2029 Surrey Financial Plan

PARKING AUTHORITY

PERFORMANCE MEASURES The following table identifies the key performance measures that will assist the Parking Authority Utility in tracking its progress and monitoring its contribution to building a sustainable Surrey.

Targets

Performance Measures (Sustainability Theme)

Actual 2024

Targets 2024

Division

2025 2026 2027 2028 2029

Total # of managed parking spaces—time/user restricted, EV Charging, and pay parking (Infrastructure) Parking revenue (millions) (Economic Prosperity and Livelihood) EV charging revenue (thousands) (Economic Prosperity and Livelihood)

1,981

2,664

2,664 2,709 2,754 2,789 2,822

Parking Authority Utility

$1.18

$1.05

$1.05 $1.07 $1.09 $1.11 $1.13

$214

$166

$166 $174 $181 $187 $190

Expanded Surface Parking Lot Next to City Hall

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

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