2026 - 2030 Surrey Financial Plan

DRAINAGE—FINANCIAL SUMMARY

(in thousands)

2024

2025

2025

2026

2027

2028

2029

2030

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Drainage Parcel Tax Special Assessment

$ 46,791

$ 45,299

$ 47,641

$ 49,479

$ 50,138

$ 50,808

$ 51,487

$ 48,802

47

42

27

28

29

30

31

27

Taxation

46,838

45,341

47,668

49,507

50,167

50,838

51,518

48,829

Sale of Goods and Services

560

2,839

20

20

20

20

20

20

Developer Contributions

-

-

-

-

-

-

-

-

Investment Income

1,199

2,011

1,754

2,039

1,952

1,702

1,580

1,613

Transfers from Other Governments

392

645

100

-

-

-

-

-

226 226

Grants, Donations and Other

609 609

398 398

226 226

228 228

230 230

232 232

234 234

Other Revenue

TOTAL REVENUE

$ 49,598 51,234 $

$ 49,768 50,688 $

$ 51,794 52,369 $

$ 52,792 53,352 $

EXPENDITURE SUMMARY

2,280 7,404 6,818

Salaries and Benefits

2,215 7,110 6,303

2,105 7,187 6,403

2,298 7,720 6,676

2,326 7,552 6,955

2,373 7,701 7,094

2,421 7,853 7,236

2,470 8,009 7,380

Operating Costs

Internal Services Used

(555)

Internal Services Recovered

(393)

(341) (279)

(396)

(566)

(577)

(588)

(600)

-

-

-

-

-

External Recoveries

(14)

-

.

TOTAL EXPENDITURE

$ 15,220 $ 15,075 $ 16,298 15,947 $

$ 16,267 16,591 $

$ 16,922 17,259 $

TRANSFERS SUMMARY

$ 30,298

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

$ 29,699

$ 31,754

$ 29,024

$ 30,996

$ 31,156

$ 31,155

$ 31,284

4,443

4,680

4,405

4,446

4,531

4,622

4,715

4,809

TOTAL TRANSFERS

$ 34,379 $ 36,159 $ 33,470 34,741 $

$ 35,527 35,778 $

$ 35,870 36,093 $

$

-

$

-

$

-

NET DRAINAGE

$

-

$

-

$

-

$

-

$

-

Drainage Operations 40.2% Capital 59.8%

City of Surrey | 2026—2030 Financial Plan | Utilities Operating Fund | Drainage

293