2026 - 2030 Surrey Financial Plan

TRANSPORTATION—FINANCIAL SUMMARY (in thousands)

2024

2025

2025

2026

2027

2028

2029

2030

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Roads & Traffic Safety Levy

$ 40,771

$ 46,521

$ 46,175

$ 47,592

$ 48,068

$ 48,549

$ 49,034

$ 47,121

Grants in Lieu

2,144

2,361

1,637

1,673

1,689

1,706

1,723

1,660

Special Assessment

105

88

288

324

343

90

95

305

Taxation

43,020

48,970

48,100

49,589

50,100

50,345

50,852

49,086

Sale of Goods and Services

6,516

1,315

1,089

924

942

961

980

906

Developer Contributions

721

915

850

867

884

902

920

850

Transfers from Other Governments

8,579

7,216

7,718

8,056

8,280

8,510

8,747

7,893

Penalties and Interest

$

942

$

962

$

980

$

995

$

918

Grants, Donations and Other

2,376 2,376

3,588 3,588

2,563 2,563

2,881 3,823

3,055 4,017

3,242 4,222

3,443 4,438

2,525 3,443

Other Revenue

TOTAL REVENUE

$ 61,212 62,004 $

$ 60,320 62,178 $

$ 63,259 64,223 $

$ 64,940 65,937 $

EXPENDITURE SUMMARY

Salaries and Benefits

$

5,448

$

5,447

$

6,860

$

7,209

$

7,353

$

7,500

$

7,650

$ 7,068

Operating Costs

43,526 14,117 (2,138)

27,985 14,365 (2,332) (7,581)

23,608 14,303

23,264 14,485

23,726 14,775

24,199 15,070

24,681 15,371

22,811 14,201

Internal Services Used

Internal Services Recovered

(791) (655)

(829) (551)

(845) (562)

(861) (573)

(878) (584)

(813) (540)

External Recoveries

(754)

TOTAL EXPENDITURE

$ 60,199 37,884 $

$ 43,325 42,727 $

$ 43,578 44,447 $

$ 45,335 46,240 $

TRANSFERS SUMMARY

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

$ 28,324

$ 31,351

$ 24,226

$ 26,923

$ 26,930

$ 20,850

$ 20,850

$ 26,779

(27,311)

(7,231)

(7,231)

(7,242)

(7,154)

(1,245)

(1,153)

(7,328)

TOTAL TRANSFERS

$ 1,013 24,120 $

$ 16,995 19,451 $

$ 19,681 19,776 $

$ 19,605 19,697 $

NET ROADS & TRAFFIC

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Roads 34.9%

Traffic 16.4%

Transportation Planning 9.6%

Capital 39.1%

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

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