2026 - 2030 Surrey Financial Plan

CONSOLIDATED FINANCIAL SUMMARY

(in thousands)

2024

2025

2025

2026

2027 PLAN

2028 PLAN

2029 PLAN

2030 PLAN

REVENUE SUMMARY

ACTUAL

ACTUAL

BUDGET BUDGET

Taxation General Operating Utilities Operating Gross Taxation

$ 1,176,098

$ 1,172,960

$

1,182,277

$ 1,298,057

$ 1,334,809

$ 1,373,137

$ 1,413,124

$ 1,262,812

90,090

94,622

95,904

99,246

100,371

101,293

102,475

98,058

1,266,188 1,267,582

1,278,181 1,360,870

1,397,303 1,435,180

1,474,430 1,515,599

Less: Collection for Other Authorities

(617,741)

(588,693)

(604,049)

(663,175)

(669,808)

(676,505)

(683,270)

(656,609)

648,447

678,889

674,132 704,261

734,128

765,372 797,925

832,329

Sale of Goods and Services General Operating

99,497 275,324

121,436 315,951

98,033 318,726

111,133 346,756

114,408 370,438

117,811 393,712

121,290 425,701

107,931 332,452

Utilities Operating Reserves and Capital

91

44

- -

- -

- -

- -

- -

- -

Other Entities (including Consolidation adjustments)

(1,914)

(2,405)

372,998

435,026

416,759 440,383

457,889

484,846 511,523

546,991

Development Cost Charges

106,775

65,415

93,967

97,993

109,974

102,171

88,212

87,057

Developer Contributions Developer Contributions Capital External Sources

212,844

257,724

100,851

200,867

200,884

200,902

200,920

200,850

6,267

224

-

-

-

-

-

-

Capital NCP Reserve Funds

27,300 16,835

16,597 11,082

1,600

200

200

200

200

2,180

Capital CAC & Bonus Density Contributions

12,000

12,000

11,000

11,000

11,000

12,000

Capital Cash in lieu of Parkland

3,227

2,949

3,000

3,000

3,000

3,000

3,000

3,000

266,473

288,576

117,451 218,030

216,067

215,084 215,102

215,120

Investment Income General Operating Utilities Operating

93,014

85,710

62,390

60,409

53,878

48,001

42,712

62,665

4,450

6,945

6,334

7,537

6,909

6,162

5,700

6,510

Reserves and Capital

13,781

21,046

28,479

27,284

24,334

21,680

19,291

28,303

Other Entities (including Consolidation adjustments)

672

488

200

227

253

253

253

200

111,917

114,189

97,403

97,678

95,457

85,374

76,096

67,956

Transfers from Other Governments General Operating

93,515

50,412

76,016

48,981

49,301

39,622

39,945

49,328

Utilities Operating Reserves and Capital

8,971

7,861

7,818

8,056

8,280 9,516

8,510 8,170

8,747 9,186

7,893

39,001

32,011

32,584

26,867

28,990 86,211

141,487

90,284

116,418

83,904

67,097

56,302

57,878

Other Revenue General Operating Utilities Operating

85,452

83,787

68,236

82,627

86,791

88,650

88,293

80,159

6,151 4,741

7,699 3,936

5,192 2,000

6,546 2,000 2,700

6,768 2,000 2,774

7,001 2,000 3,133

7,247 2,000 3,354

6,138 2,000 2,719

Reserves and Capital - Gain on Sale of Assets Other Entities (including Consolidation adjustments)

(7,826)

573

200

88,518

95,995

75,628

91,016

93,873

98,333 100,784

100,894

$ 1,736,615 1,768,374 $

$ 1,591,758 1,735,572 $

$ 1,791,292 1,818,277 $

$1,845,944 1,908,225 $

City of Surrey | 2026—2030 Financial Plan | Financial Overview

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