2026 - 2030 Surrey Financial Plan

FINANCIAL SUMMARY

(in thousands)

2024

2025

2025

2026

2027

2028

2029

2030 PLAN

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN

$ 558,359

$ 584,267

$ 578,228

$ 634,882

$ 665,001

$ 696,632

$

729,854

Taxation

$ 606,203

Sale of Goods and Services Departmental Fees & Charges

57,122 37,129

61,856 39,123 20,457 121,436

57,895 35,492

61,381 43,602

63,210 44,898

65,098 46,263

67,038 47,652

59,603 42,328

Secondary Suite Infrastructure Fees Other Corporate Fees & Charges

5,246

4,646

6,150

6,300

6,450

6,600

6,000

99,497

98,033

111,133

114,408

117,811

121,290

Sale of Goods and Services

107,931

93,014

85,710

62,390

60,409

53,878

48,001

42,712

Investment Income

62,665

Transfers from Other Governments Departmental Government Transfers Corporate Government Transfers Transfers from Other Governments

18,385 75,130 93,515

13,153 37,259 50,412

12,131 63,885 76,016

14,542 34,439 48,981

14,837 34,464 49,301

15,133 24,489 39,622

15,431 24,514 39,945

14,248 35,080 49,328

Other Revenues Departmental Other Revenues

61,630 23,822 85,452

60,808 22,979 83,787

46,844 21,392 68,236

54,883 27,744 82,627

56,505 30,286 86,791

58,176 30,474 88,650

59,899 28,394 88,293

53,309 26,850 80,159

Corporate Other Revenues

Other Revenues

TOTAL REVENUE

$ 931,114 926,864 $

$ 882,903

$ 906,286 938,032 $

$969,379 990,716 $

$ 1,022,094

EXPENDITURE SUMMARY

Departmental Expenditures

$ 682,206

$ 645,577

$ 703,760

$ 779,808

$ 800,840

$ 820,839

$

843,926

$ 754,115

General Government - Council Initiatives

178

293

260

260

260

260

260

260

Fiscal Services & Debt Interest

10,099

9,605 9,492

10,610

12,766

13,387

13,645

13,654

11,242

Municipal Debt Principal

9,492

9,492

9,586

9,741

9,900

9,900

9,492

TOTAL EXPENDITURES

$ 701,975 664,967 $

$ 724,122

$ 775,109 802,420 $

$824,228 844,644 $

$ 867,740

TRANSFERS SUMMARY

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

108,874 120,265

143,950 117,947

111,880 46,901

96,531 39,081

74,374 70,777

69,179 76,893

68,865 85,489

88,818 42,359

TOTAL TRANSFERS

$ 229,139 261,897 $

$ 158,781

$ 131,177 135,612 $

$145,151 146,072 $

$ 154,354

NET GENERAL OPERATING

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

City of Surrey | 2026—2030 Financial Plan | General Operating

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