2026 - 2030 Surrey Financial Plan

SURREY CITY ENERGY—FINANCIAL SUMMARY (in thousands)

2024

2025

2025

2026

2027

2028

2029

2030

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$ 14,474

Sale of Goods and Services

$ 10,604

$ 16,784

$ 20,561

$ 23,817

$ 27,106

$

6,987

$

10,825

Developer Contributions

625

1,385

-

-

-

-

-

-

Investment Income

-

-

-

-

-

-

-

-

Transfers from Other Governments

-

-

-

-

-

-

-

-

40 40

Penalties and Interest

41 41

42 42

43 43

45 45

151 151

89 89

40 40

Other Revenue

TOTAL REVENUE

$

7,763 12,299 $

$ 10,644 14,514 $

$ 16,825 20,603 $

$ 23,860 27,151 $

EXPENDITURE SUMMARY

648

645

661

674

687

701

Salaries and Benefits

742

944

8,553

Operating Costs

9,193

8,078

9,010

9,902

10,176

4,890

7,760

521

Internal Services Used

521

587

622

660

700

13

418

(100)

Internal Services Recovered

(100)

(102)

(104)

(106)

(108)

(109)

(341)

TOTAL EXPENDITURE

$

5,536

$ 8,781 10,259 $

$ 9,622

$ 9,224 10,202 $

$ 11,143 11,469 $

TRANSFERS SUMMARY

$ 3,871

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

$

1,703

$

2,835

$

(298)

$

6,560 1,041

$

9,339 1,062

$ 11,634

$ 14,577

523

683

683

1,083

1,105

1,021

TOTAL TRANSFERS

$

2,226

$ 3,518

$

385

$ 4,892

$ 7,601 10,401 $

$ 12,717 15,682 $

NET SURREY CITY ENERGY

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Surrey City Energy Operations 73%

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

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