2026 - 2030 Surrey Financial Plan

CONSOLIDATED FINANCIAL SUMMARY—SIGNIFICANT CHANGES (in thousands)

2025 ADOPTED BUDGET

$

-

REVENUES Taxation General Operating Property/Folio Growth (City's Portion)

………………………………

$

7,467

Taxation Rate Increase

……………………………… 14,362

Other Taxation Adjustments

……………………………… ……………………………… ………………………………

3,200 1,014

Capital Parcel Tax

Grants in lieu

1,932 $

27,975

2,154

Utilities

30,129

Sale of Goods and Services General Operating Bylaw Services

……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ………………………………

(42)

Corporate

8,190

Corporate Services Engineering Services

9

(172)

Finance

48

Parks, Recreation & Culture Planning & Development

931 123 879

Surrey Fire Service Surrey Police Service Surrey Public Library

(100)

32

9,898

13,726

Utilities

23,624

Development Cost Charges and Developer Contributions

104,605

Investment Income

275

Transfers from Other Governments General Operating Bylaw Services

……………………………… ……………………………… ……………………………… ………………………………

-

City Manager

(175)

Parks, Recreation & Culture

792

Surrey Fire Service Surrey Police Service

3,000

……………………………… (1,500) ……………………………… (28,805)

Corporate

(26,688)

75

Utilities

(3,594)

Reserves and Capital/Other Entities

(30,207)

Other Revenue General Operating Bylaw Services

……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ……………………………… ………………………………

(292)

Corporate

5,458

Corporate Services Engineering Services

(284)

2

Parks, Recreation & Culture Planning & Development

266

2,922 7,100

Surrey Fire Service Surrey Police Service Surrey Public Library

……………………………… (3,258)

………………………………

9

11,923

946

Utilities

2,519

Reserves and Capital/Other Entities

15,388

$ 143,814

Total Change in Revenue

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

106