2025-2029 Surrey Financial Plan

CAPITAL FINANCIAL PLAN BYLAW, 2025, NO. 21602

CITY OF SURREY

Bylaw 21602

Schedule 1

Capital Financial Plan To establish years 2025 to 2029 2025 2026

2027

2028

2029

PROPOSED FUNDING SOURCES Development Cost Charges

$ 93,968,000 113,175,000 $ 116,600,000 117,180,000

$ 115,361,000 117,839,000 $ 115,200,000 114,200,000

$ 104,987,000

Developer Contributions

114,200,000

Federal/Provincial Contribution BC Growing Communities Fund Transfers from Other Governments

32,584,000

46,445,000

16,447,000

30,748,000

15,647,000

-

-

-

-

-

32,584,000

46,445,000

16,447,000

30,748,000

15,647,000

TOTAL FUNDING SOURCES

$ 243,152,000 276,800,000 $

$ 247,008,000 262,787,000 $

$ 234,834,000

PROPOSED EXPENDITURES Police Services

$

3,409,000 2,440,000 32,153,000 18,168,000 2,072,000 53,687,000 51,232,000 1,072,000 2,525,000

$

2,938,000 2,732,000 32,122,000 16,484,000 1,840,000 52,178,000 52,903,000 1,072,000 2,587,000

$

2,657,000 3,250,000 32,483,000 15,322,000 1,389,000 49,970,000 54,181,000 1,072,000 2,609,000

$

2,450,000 3,259,000 33,293,000 13,252,000 1,007,000 50,926,000 55,488,000 1,072,000 2,780,000

$

1,747,000 3,064,000 33,851,000 11,768,000 51,469,000 56,512,000 1,072,000 2,836,000 162,951,000 100,000,000 280,118,000 380,118,000 632,000

Fire Services

Parks, Recreation & Culture

General Government Surrey Public Library Engineering Services

Water, Sewer & Drainage

Solid Waste

Surrey City Energy

Municipal Amortization Expenditures

166,758,000 164,856,000

162,933,000 163,527,000

100,000,000 100,000,000 311,597,000 319,768,000 411,597,000 419,768,000

Capital Expenditures - Contributed Capital Expenditures - Current Years

100,000,000 100,000,000 582,958,000 352,626,000 682,958,000 452,626,000

Capital Expenditures

TOTAL EXPENDITURES

$ 849,716,000 617,482,000 $

$ 574,530,000 583,295,000 $

$ 543,069,000

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds (311,678,000) (274,191,000)

(258,072,000) (17,950,000)

(255,020,000) (13,988,000)

(242,747,000) (13,988,000)

Transfers To/(From) Reserve Funds

(243,386,000)

(14,991,000)

Transfers To/(From) Capital Sources

$ (555,064,000) $ (289,182,000) $ (276,022,000) $ (269,008,000) $ (256,735,000)

Transfers To/(From) Operating Sources

(1,500,000)

(1,500,000)

(1,500,000)

(1,500,000)

(1,500,000)

Unspecified Capital Budget Authority (50,000,000) TOTAL TRANSFERS BETWEEN SOURCES (606,564,000) $ $ (340,682,000) $ (327,522,000) $ (320,508,000) $ (308,235,000) BALANCED BUDGET - $ - $ - $ - $ - $ (50,000,000) (50,000,000) (50,000,000) (50,000,000)

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

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