2025-2029 Surrey Financial Plan

SOLID WASTE—FINANCIAL SUMMARY (in thousands)

2023

2024

2024

2025

2026

2027

2028

2029

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$ 54,750

$ 52,715

Sale of Goods and Services

$

52,045

$ 53,530

$ 55,756

$ 57,021

$ 58,555

$ 60,136

Investment Income

107

436

370

615

577

414

345

302

Penalties and Interest

234 234

294 294

176 176

210 210

212 212

214 214

216 216

218 218

Other Revenue

TOTAL REVENUE

$ 52,386

$ 54,260

$ 53,261

$ 55,575

$ 56,545

$ 57,649

$ 59,116

$ 60,656

EXPENDITURE SUMMARY

Operating Costs

34,964

37,801

36,867

38,826

39,674

40,856

42,072

43,613

Internal Services Used

5,601

5,964

5,626

5,713

5,827

5,944

6,063

6,185

Internal Services Recovered

(326)

(474)

(143)

(143) (502)

(146) (512)

(149) (522)

(152) (532)

(155) (543)

External Recoveries

(28)

322

-

Debt Interest Debt Principal

1,675

1,623 1,035

1,623 1,035

1,569 1,089

1,513 1,146

1,453 1,205

1,390 1,268

1,324 1,335

983

TOTAL EXPENDITURE

$ 42,869

$ 46,271

$ 45,008

$ 46,552

$ 47,502

$ 48,787

$ 50,109

$ 51,759

TRANSFERS SUMMARY

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

$

1,719 7,798

$

34

$

298

$ 1,084

$

1,005 8,038

$

723

$

765

$

550

7,955

7,955

7,939

8,139

8,242

8,347

TOTAL TRANSFERS

$ 9,517

$ 7,989

$

8,253

$ 9,023

$ 9,043

$ 8,862

$ 9,007

$ 8,897

NET SOLID WASTE

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Collection 41.4%

Disposal 30.0%

Solid Waste Operations 26.2%

Capital 2.4%

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

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