2025-2029 Surrey Financial Plan

PARKING AUTHORITY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2024 ADOPTED BUDGET

$

2,531

Increase in Parking revenue Increase in EV charging revenue Increase in New Mobility revenue

……………………………. ……………………………. …………………………….

$

34 83 14

Total Change in Revenue

131

2025 REVENUE BUDGET

$

2,662

EXPENDITURES 2024 ADOPTED BUDGET Expenditures Salaries/Wages & Benefits Salaries and Benefits

$

2,531

…………………………….

2

Operating Costs Change in Service Levels Adjustments

…………………………….

(84)

Internal Services Recovered

…………………………….

7

Transfers To/(From) Capital Sources Allocation to Captial Projects

……………………………. …………………………….

(173)

Allocation to Capital Surplus

385

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

…………………………….

(6)

Total Change in Expenditures

131

2025 EXPENDITURE BUDGET

$

2,662

2025 BUDGET

$

-

REVENUES 2025 ADOPTED BUDGET

$

2,662

Increase Due to Rate and Growth

…………………………….

$

216

216

2029 REVENUE BUDGET

$

2,878

EXPENDITURES 2025 ADOPTED BUDGET

$

2,662

Increase to Maintenance & Operations

…………………………….

107

107

TRANSFERS Allocation from capital surplus

……………………………. …………………………….

(1,254)

Transfers To/(From) Operating Sources

1,363

109

2029 EXPENDITURE BUDGET

$

2,878

2029 BUDGET

$

-

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

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