2026 - 2030 Surrey Financial Plan

WATER BYLAW, 2026, NO. 21890

CITY OF SURREY

Bylaw 21890

Schedule 1

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

2028

2029

2030

PROPOSED FUNDING SOURCES Other Property Value Taxes Revenues from Property Value Taxes

$

107,000 107,000

$

113,000 113,000

$

65,000 65,000

$

69,000 69,000

$

69,000 69,000

Taxation Revenues

107,000

113,000

65,000

69,000

69,000

Utilities Fees & Charges

112,795,000 117,042,000 112,795,000 117,042,000

120,952,000 124,917,000 120,952,000 124,917,000

129,362,000 129,362,000

Revenues from Fees

Investment Income

2,782,000

2,419,000

2,032,000

1,707,000

1,455,000

Utilities Operating

558,000 778,000

564,000 786,000

570,000 794,000

576,000 802,000

582,000 810,000

Utilities Penalties & Interest

Other Revenue

1,336,000 4,118,000

1,350,000 3,769,000

1,364,000 3,396,000

1,378,000 3,085,000

1,392,000 2,847,000

Revenues from Other Sources TOTAL FUNDING SOURCES PROPOSED EXPENDITURES Water Expenditures

$ 117,020,000 120,924,000 $

$ 124,413,000 128,071,000 $

$ 132,278,000

93,893,000

97,147,000 100,469,000 $ 97,147,000 100,469,000 $

103,300,000 106,789,000 $ 103,300,000 106,789,000 $

TOTAL EXPENDITURES

$ 93,893,000

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 14,388,000 14,868,000

14,862,000

15,509,000

16,044,000

Transfers To/(From) Reserve Funds

(78,000)

(84,000)

(91,000)

(94,000)

(98,000)

Transfers To/(From) Capital Sources

$ 14,310,000

$ 14,784,000

$ 14,771,000

$ 15,415,000

$ 15,946,000

Transfers To/(From) Operating Sources

$

8,817,000

$

8,993,000

$

9,173,000

$

9,356,000

$

9,543,000

TOTAL TRANSFERS BETWEEN SOURCES

$ 23,127,000

$ 23,777,000

$ 23,944,000

$ 24,771,000

$ 25,489,000

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

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

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