2026 - 2030 Surrey Financial Plan

5-YEAR CAPITAL PLAN—FINANCIAL SUMMARY

(in thousands)

5 YEAR

REVENUE SUMMARY

2026

2027

2028

2029

2030 PROGRAM

Development Cost Charges

$ 485,407

$

97,993

$ 109,974

$ 102,171

$

88,212

$

87,057

57,000

Capital Projects Reserve NCP developer contributions

12,000

12,000

11,000

11,000

11,000

2,980

2,180 3,000

200

200

200

200

15,000

Developer Contrib - 5% in lieu Parkland

3,000

3,000

3,000

3,000

1,000,000 1,074,980

Developer Contributed TCAs

200,000 217,180

200,000 215,200

200,000 214,200

200,000 214,200

200,000 214,200

Developer Contributions

8,817

Federal/Provincial Government Transfers

2,123

4,804

280

280

1,330 7,856 9,186

73,912 82,729

TransLink Contribution to Capital Transfers from Other Governments

26,867 28,990

22,063 26,867

9,236 9,516

7,890 8,170

304,001

Borrowing Proceeds

20,000

67,201

91,200

79,500

46,100

TOTAL REVENUE

$ 364,163 419,242 $

$ 417,087 390,082 $

$ 356,543 1,947,117 $

EXPENDITURE SUMMARY

Amortization

$ 821,068

$

159,919 343,686 200,000

$ 161,016

$ 164,623

$ 165,654

$ 169,856

1,904,676 1,000,000

Capital Expenditures - Current & Prior Year Capital Expenditures - Contributed TCAs

459,007 200,000

413,989 200,000

364,143 200,000

323,851 200,000

TOTAL EXPENDITURE

$ 703,605 820,023 $

$ 778,612 729,797 $

$ 693,707 3,725,744 $

TRANSFERS SUMMARY

(1,521,127)

Transfers To/(From) Capital Sources Transfers To/(From) Operating Sources Unspecified Capital Budget Authority

(287,942) (1,500) (50,000)

(349,281) (1,500) (50,000)

(310,025) (1,500) (50,000)

(288,215) (1,500) (50,000)

(285,664) (1,500) (50,000)

(7,500)

(250,000)

TOTAL TRANSFERS

$ (339,442) $ (400,781) $ (361,525) $ (339,715) $ (337,164) $ (1,778,627)

NET CAPITAL

$

-

$

-

$

-

$

-

$

-

$

-

City of Surrey | 2026—2030 Financial Plan | Capital Program

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