2026 - 2030 Surrey Financial Plan

MESSAGE FROMTHE CFO/GENERAL MANAGER, FINANCE

10.0 GENERAL CAPITAL FINANCIAL PLAN—SERVICE PRIORITIES

In recent years, the City has built world class recreation and parks facilities for our residents to enjoy. This trend will continue into future years with support from Mayor and Council to ensure our City offers civic facilities that best meet the needs of users. The 2026-2030 General Capital Program represents the most significant financial commitment in the City’s history; with $779M allocated over the next five years. 26 major general capital projects, including five new projects in 2025, were included in the adopted 2026-2030 Financial Plan. Examples of significant major general capital projects include the City Centre Arena, Newton Community Centre, Fleetwood Firehall #6 relocation, Unwin Community Park, Nicomekl Riverfront Park, Cloverdale Athletic Park and Chuck Bailey Recreation Centre Expansion. The program focuses on stimulating the local economy through its commitment to invest in short and long-term capital infrastructure projects. These projects will improve the access to and quality of cultural, recreational and community spaces within the City now and into the future. Investing in major capital projects spurs economic activity that can catalyze growth while supporting our vision of a thriving, green and inclusive community. Examples of on-going facilities maintenance and renovations include building envelope repairs at Cloverdale Arena and Newton Recreation Centre and Arena; roof replacement at Port Kells Library; high-voltage transformer replacements at Fleetwood Community Centre and Newton Arena; repairs and renovations at outdoor pools and boiler replacement at Surrey Sport & Leisure Complex. The on-going Park Development Program includes Queen Elizabeth Meadows community garden redevelopment, several play area renovations, accessibility initiatives, and pathway development across the City.

Additional details of planned capital projects can be found in the Capital Program section of this document.

11.0 CONCLUSION

The 2026-2030 Financial Plan is a direct reflection of Council's strategic priorities and direction in relation to property tax increases and general fiscal prudence. Council followed through on its commitment to seek input on the City's Financial Plan with its third consecutive budget engagement initiative. The community feedback received shaped priorities in the 2026-2030 Financial Plan through several in-person open house events, online surveys, and a budget engagement webpage. The engagement process generated a combined total of 2,943 engagement interactions, including participation through the online survey, open houses, and focus groups. In addition, 99,923 community members were informed about the engagement process through the budget engagement webpage, e-newsletters, and the City’s social channels. A total of 2,152 online surveys were completed, 747 participants attended open houses, and 44 participated in focus groups.

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

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