2026 - 2030 Surrey Financial Plan

CONSOLIDATED FINANCIAL SUMMARY—DEPARTMENTS (in thousands)

2024

2025

2025

2026

2027

2028

2029

2030

NET DEPARTMENTAL

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

GENERAL OPERATING FUND Mayor, Council & Grants

$

7,093

$

7,285

$

7,384

$ 8,196

$

8,250

$

8,306

$

8,364

$

8,424

City Manager

13,599 65,478

13,033 66,726 (2,102) 281,563 82,330 (12,588) 9,490

12,680 64,307

13,366 65,179

14,060 67,870

14,781 69,406

15,531 70,987

16,310 72,615

Corporate Services Engineering Services

594

2,098

2,188

2,368

2,552

2,740

2,933

Finance

8,539

11,449 334,996 83,284

12,619 386,893 85,854

12,874 405,181 87,454

13,139 417,799 89,042

13,409 440,606 90,141

13,688 453,907 91,324

Public Safety

321,882 81,209 (11,217)

Parks, Recreation & Culture Planning & Development

(655)

(1,618)

(2,179) 24,412

(2,760) 24,758

(3,366) 25,112

(3,995) 25,475

Surrey Public Library Corporate Operating

24,048 21,774

23,502

23,502 11,673

24,076

2,217

9,240

8,490

8,574

7,739

8,020

UTILITIES OPERATING FUNDS Drainage Operations

13,033 (1,863) 42,307 (19,574) (9,882) (1,451) (29,553)

10,567 (1,973) 25,344 (22,020) (12,486) (2,044) (27,618)

15,952 (1,229) 31,955 (28,572) (10,856) (19,557) 166,758 (345)

15,701

16,019 (1,358) 31,717 (30,630) (12,039) (7,560) (20,459)

16,341 (1,323) 32,170 (34,730) (11,304) (10,359) (21,053)

16,670 (1,329) 32,622 (39,018) (11,068) (12,674) (22,193)

17,005 (1,361) 33,070 (45,279) (11,173) (15,637) (23,155)

Parking Authority

(1,307)

Roads & Traffic Safety

31,403 (28,325) (12,371) (4,852) (19,460) 159,919

Sewer Operations

Solid Waste Operations

Surrey City Energy Water Operations

153,003

156,086

161,016

164,623

165,654

169,856

AMORTIZATION EXPENSE

$ 679,019 597,312 $

$ 704,824 746,701 $

$ 765,486 779,962 $

$ 799,927 812,027 $

ACCOUNT SUMMARY

Revenues Sale of Goods and Services

$ (332,446) $ (377,807) $ (376,621) $ (392,055) $ (408,137) $ (433,648) $ (458,810) $ (492,739)

Transfers from Other Government Grants, Donations and Other

(27,356) (65,193) (424,995) 451,846 701,385 89,115 (101,292) (13,107)

(21,014) (65,375) (464,196) 508,066 637,541 88,229 (99,446) (22,716)

(19,949) (50,240) (446,810) 527,462 678,322 86,166 (95,639)

(22,141) (56,683)

(22,598) (58,622) (489,357) 609,960 682,321 88,229 (98,015)

(23,117) (60,427) (517,192) 623,093 711,021 89,448 (98,218)

(23,643) (62,294) (544,747) 636,692 734,452 90,694 (98,424)

(24,178) (64,227) (581,144) 650,777 769,567 91,963 (98,636)

(470,879)

Expenditures Salaries and Benefits

591,119 665,603 87,000 (97,817)

Operating Costs

Internal Services Used

Internal Services Recovered

External Recoveries

(8,505)

(7,363)

(7,430)

(7,499)

(7,571)

(7,643)

1,127,946 1,111,674

1,187,806

1,238,542

1,275,065 1,317,845

1,355,843 1,406,028

Net Operations Total

702,951 647,478

740,996 767,663

785,708 800,653

811,096 824,884

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

(15,314) (8,618) (23,932)

(94)

9,573

10,460

10,000

9,531

9,053

8,565

(50,072) (50,166)

(45,745) (36,172)

(31,422)

(30,222) (20,222)

(30,222) (20,691)

(20,222) (11,169)

(21,422) (12,857)

(20,962)

$ 679,019 597,312 $

$ 704,824 746,701 $

$ 765,486 779,962 $

$ 799,927 812,027 $

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

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