2025-2029 Surrey Financial Plan

WATER BYLAW, 2025, NO. 21537

CITY OF SURREY

Bylaw 21537

Schedule 1

Water Operating Financial Plan To establish years 2025 to 2029 2025 2026

2027

2028

2029

PROPOSED FUNDING SOURCES Other Property Value Taxes Revenues from Property Value Taxes

$

102,000 102,000

$

107,000 107,000

$

113,000 113,000

$

65,000 65,000

$

69,000 69,000

Taxation Revenues

102,000

107,000

113,000

65,000

69,000

Utilities Fees & Charges

107,615,000 113,633,000 107,615,000 113,633,000

117,899,000 121,840,000 117,899,000 121,840,000

125,039,000 125,039,000

Revenues from Fees

Investment Income

2,886,000

2,759,000

1,960,000

1,626,000

1,416,000

Utilities Operating

535,000 770,000

540,000 778,000

545,000 786,000

550,000 794,000

556,000 802,000

Utilities Penalties & Interest

Other Revenue

1,305,000 4,191,000

1,318,000 4,077,000

1,331,000 3,291,000

1,344,000 2,970,000

1,358,000 2,774,000

Revenues from Other Sources TOTAL FUNDING SOURCES PROPOSED EXPENDITURES Water Expenditures

$ 111,908,000 117,817,000 $

$ 121,303,000 124,875,000 $

$ 127,882,000

88,593,000

94,887,000

98,840,000 102,441,000 $ 98,840,000 102,441,000 $

105,203,000

TOTAL EXPENDITURES

$ 88,593,000

$ 94,887,000

$ 105,203,000

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 14,819,000 14,267,000

13,631,000

13,430,000

13,495,000

Transfers To/(From) Reserve Funds

(106,000)

(111,000)

(117,000)

(124,000)

(127,000)

$ 13,368,000

Transfers To/(From) Capital Sources

$ 14,713,000

$ 14,156,000

$ 13,514,000

$ 13,306,000

Transfers To/(From) Operating Sources

$

8,602,000

$

8,774,000

$

8,949,000

$

9,128,000

$

9,311,000

TOTAL TRANSFERS BETWEEN SOURCES

$ 23,315,000

$ 22,930,000

$ 22,463,000

$ 22,434,000

$ 22,679,000

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

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

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