2025-2029 Surrey Financial Plan

PARKING AUTHORITY—FINANCIAL SUMMARY (in thousands)

2023

2024

2024

2025

2026

2027

2028

2029

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$ 2,590

Sale of Goods and Services

$

2,459

$

2,888

$ 2,851

$

2,641

$

2,692

$

2,744

$

2,798

Grants, Donations and Other

60 60

74 74

72 72

72 72

74 74

76 76

78 78

80 80

Other Revenue

TOTAL REVENUE

$

2,948

$ 2,925

$ 2,531

$ 2,662

$ 2,715

$ 2,768

$ 2,822

$ 2,878

EXPENDITURE SUMMARY

862 591

Salaries and Benefits

630 509

700 424

860 675

879 601

897 611

915 621

933 631

Operating Costs

56

57

58

59

60

Internal Services Used

55

32

56

(76)

Internal Services Recovered

(81)

(94)

(83)

(78)

(80)

(82)

(84)

TOTAL EXPENDITURE

$

1,113

$ 1,062

$ 1,508

$ 1,433

$ 1,459

$ 1,486

$ 1,513

$ 1,540

TRANSFERS SUMMARY

$

917 312

$

705 318

$

376 880

$

(387)

$

(363)

$

(337)

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

1,482

1,545

353

318

1,669

1,672

1,675

TOTAL TRANSFERS

$

1,835

$ 1,863

$ 1,023

$ 1,229

$ 1,256

$ 1,282

$ 1,309

$ 1,338

NET PARKING AUTHORITY

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Parking Authority Operations 61.0% Capital 39.0%

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

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