2025-2029 Surrey Financial Plan

TRANSPORTATION—SIGNIFICANT CHANGES (in thousands)

REVENUES 2024 ADOPTED BUDGET

$

53,977

Taxation Growth

…………………………….

$

5,923

5,923

Non-Taxation Revenues Sale of Goods and Services

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

32

Transfers from Other Governments

330

420

Other Revenue

58

Total Change in Revenue

6,343

2025 REVENUE BUDGET

$

60,320

EXPENDITURES 2024 ADOPTED BUDGET

$

53,977

Expenditures Salaries/Wages & Benefits Salary Adjustments and Growth

10

…………………………….

10

Operating Costs Operating Costs Adjustment

…………………………….

1,078

1,078

Internal Services Used/Recovered Internal Services Adjustment

…………………………….

354

354

External Recoveries External Recoveries Adjustment

…………………………….

(200)

(200)

Transfers To/(From) Capital Sources Change in Capital Funding

…………………………….

2,456

2,456

Transfers To/(From) Operating Sources Change in Operating Funding

…………………………….

2,645

2,645

Total Change in Expenditures

6,343

2025 EXPENDITURE BUDGET

$

60,320

2025 BUDGET

$

-

REVENUES 2025 ADOPTED BUDGET

$

60,320

Taxation Increase Due to Growth Change in Non-Taxation Revenue

……………………………. …………………………….

$

13,336 1,343

14,679

2029 REVENUE BUDGET

$

74,999

EXPENDITURES 2025 ADOPTED BUDGET

60,320

3,569

Operating Costs

…………………………….

3,569

TRANSFERS Contribution to Capital Contribution to Operating

……………………………. …………………………….

5,160 5,950

11,110

2029 EXPENDITURE BUDGET

$

74,999

2029 BUDGET

$

-

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

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