2025-2029 Surrey Financial Plan

5-YEAR CAPITAL PLAN—FINANCIAL SUMMARY

(in thousands)

5 YEAR

REVENUE SUMMARY

2025

2026

2027

2028

2029

PROGRAM

Development Cost Charges

$

93,967 $

113,175 $ 115,361 $ 117,839 $ 104,987 $ 545,329

58,000

Capital Projects Reserve NCP developer contributions

12,000

12,000

12,000

11,000

11,000

4,380

1,600 3,000

2,180 3,000

200

200

200

15,000 500,000 577,380 35,393 106,479 141,872

Developer Contrib - 5% in lieu Parkland

3,000

3,000

3,000

Developer Contributed TCAs

100,000 116,600 18,405 14,180 32,585

100,000 117,180 14,643 31,802 46,445

100,000 115,200

100,000 114,200

100,000 114,200

Developer Contributions

Federal/Provincial Government Transfers

810

1,205

330

TransLink Contribution to Capital Transfers from Other Governments

15,637 16,447

29,543 30,748

15,317 15,647

229,600

Borrowing Proceeds

229,600

-

-

-

-

TOTAL REVENUE

$ 472,752

$ 276,800 247,008 $

$ 262,787 234,834 $

$ 1,494,181

EXPENDITURE SUMMARY

Amortization

$

166,758 $

164,856 $ 162,933 $ 163,527 $ 162,951 $ 821,025

1,847,067

Capital Expenditures - Current & Prior Year Capital Expenditures - Contributed TCAs

582,958 100,000

352,626 100,000

311,597 100,000

319,768 100,000

280,118 100,000

500,000

TOTAL EXPENDITURE

$ 849,716

$ 617,482 574,530 $

$ 583,295 543,069 $

$ 3,168,092

TRANSFERS SUMMARY

(1,416,411)

Transfers To/(From) Capital Sources Transfers To/(From) Operating Sources Unspecified Capital Budget Authority

(325,464) (1,500) (50,000)

(289,182) (1,500) (50,000)

(276,022) (1,500) (50,000)

(269,008) (1,500) (50,000)

(256,735) (1,500) (50,000)

(7,500)

(250,000)

TOTAL TRANSFERS

$ (376,964) $ (340,682) $ (327,522) $ (320,508) $ (308,235) $ (1,673,911)

NET CAPITAL

$

-

$

-

$

-

$

-

$

-

$

-

City of Surrey | 2025—2029 Financial Plan | Capital Program

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