2026 - 2030 Surrey Financial Plan

CONSOLIDATED FINANCIAL SUMMARY—SIGNIFICANT CHANGES (in thousands)

2026 ADOPTED BUDGET

$

-

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

……………………………… 22,517 $ ……………………………… 98,702

Taxation Rate Increase

Other Taxation Adjustments

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

(400)

Capital Parcel Tax

661

Grants in lieu

2,171 $

123,651

4,417

Utilities

128,068

Sale of Goods and Services General Operating Bylaw Services

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

180

Corporate Services Engineering Services

38

859 200

Finance

Parks, Recreation & Culture Planning & Development

4,525

560 744 329

Surrey Fire Service Surrey Police Service

Corporate

5,924

13,359 93,249

Utilities

106,608

Development Cost Charges and Developer Contributions

(13,846)

Investment Income

(29,722)

Transfers from Other Governments General Operating Parks, Recreation & Culture

……………………………… ………………………………

183

Surrey Police Service

1,000

Corporate

……………………………… (10,566)

(9,383)

854

Utilities

(19,804)

Reserves and Capital/Other Entities

(28,333)

Other Revenue General Operating Bylaw Services Corporate Services

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

1,260

796

Engineering Services

96

Parks, Recreation & Culture Planning & Development

270

3,758

Surrey Police Service

410

Corporate

1,544

8,134 1,109

Utilities

9,878

$ 172,653

Total Change in Revenue

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

108