2026 - 2030 Surrey Financial Plan

GENERAL OPERATING BYLAW, 2026, NO. 21959

CITY OF SURREY

Bylaw 21959

Schedule 1

General Operating Financial Plan To establish years 2026 to 2030 2026 2027

2028

2029

2030

PROPOSED FUNDING SOURCES Property Tax Levy Revenues from Property Value Taxes

$ 552,714,000 580,858,000 $ 552,714,000 580,858,000

$ 610,437,000 641,523,000 $ 610,437,000 641,523,000

$ 674,194,000

674,194,000

General - Capital Parcel Tax Revenues from Parcel Taxes

53,489,000 53,489,000

54,024,000 54,024,000

54,564,000 54,564,000

55,109,000 55,109,000

55,660,000 55,660,000 729,854,000

Taxation Revenues

606,203,000 634,882,000

665,001,000 696,632,000

Sales of Goods and Services: Departmental Fees & Charges Secondary Suite Infrastructure Fee

59,603,000 42,328,000 6,000,000

61,381,000 43,602,000 6,150,000

63,210,000 44,898,000 6,300,000

65,098,000 46,263,000 6,450,000

67,038,000 47,652,000 6,600,000 121,290,000

Other Fees & Charges

Revenues from Fees

107,931,000 111,133,000

114,408,000 117,811,000

Investment Income

62,665,000

60,409,000

53,878,000

48,001,000

42,712,000

Departmental Government Transfers Corporate Government Transfers Transfers from Other Governments

14,248,000 35,080,000 49,328,000 53,309,000 15,850,000 11,000,000 80,159,000

14,542,000 34,439,000 48,981,000 54,883,000 16,744,000 11,000,000 82,627,000

14,837,000 34,464,000 49,301,000 56,505,000 19,286,000 11,000,000 86,791,000

15,133,000 24,489,000 39,622,000 58,176,000 19,474,000 11,000,000 88,650,000

15,431,000 24,514,000 39,945,000 59,899,000 17,394,000 11,000,000 88,293,000 170,950,000

Departmental Other Revenues Corporate Lease Revenue Corporate Penalties & Interest

Other Revenue

Revenues from Other Sources TOTAL FUNDING SOURCES PROPOSED EXPENDITURES Police Services Parks, Recreation & Culture General Government Planning & Development Surrey Public Library Engineering Services Operating Contingency Fire Services

192,152,000 192,017,000

189,970,000 176,273,000

$ 906,286,000 938,032,000 $

$ 969,379,000 990,716,000 $

$ 1,022,094,000

$ 329,927,000 342,055,000 $ 101,016,000 106,576,000 128,389,000 131,179,000 131,081,000 134,621,000

$ 354,635,000 367,686,000 $ 107,391,000 107,943,000 133,992,000 136,354,000 137,729,000 140,012,000

$ 381,225,000

108,517,000 138,837,000 144,710,000 32,976,000 26,971,000

31,035,000 25,572,000 5,855,000 1,500,000

31,506,000 25,908,000 6,723,000 1,500,000

31,987,000 26,254,000 7,612,000 1,500,000

32,476,000 26,608,000 8,520,000 1,500,000

9,450,000 1,500,000

Municipal Expenditures

754,375,000 780,068,000

801,100,000 821,099,000

844,186,000

Fiscal Services & Debt Interest

11,242,000

12,766,000

13,387,000

13,645,000

13,654,000

Municipal Debt Repayment TOTAL EXPENDITURES

9,492,000

9,586,000

9,741,000

9,900,000

9,900,000

$ 775,109,000 802,420,000 $

$ 824,228,000 844,644,000 $

$ 867,740,000

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 59,858,000 67,571,000

45,414,000 28,960,000

40,219,000 28,960,000

39,905,000 28,960,000

Internal Borrowing To/(From) Reserves

28,960,000

28,960,000

Transfers To/(From) Capital Sources

$ 88,818,000

$ 96,531,000

$ 74,374,000

$ 69,179,000

$ 68,865,000

Transfers To/(From) Operating Sources

$ 42,359,000

$ 39,081,000

$ 70,777,000

$ 76,893,000

$ 85,489,000

TOTAL TRANSFERS BETWEEN SOURCES $ 131,177,000 135,612,000 $

$ 145,151,000 146,072,000 $

$ 154,354,000

BALANCED BUDGET

$

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$

-

$

-

$

-

$

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

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