2026 - 2030 Surrey Financial Plan

MESSAGE FROMTHE CFO/GENERAL MANAGER, FINANCE

To address the City's service priorities and meet Council's goals, Council has directed that the 2026 Financial Plan include the following:

• 2.6% General Property Tax increase (equating to approximately $75 for the average assessed single-family dwelling) to provide funding for general inflationary pressures, new resources for Police, Fire and Bylaw Services, and new resources and operating funding for City-Wide Operations (non-public safety); • Due to additional financial contribution from TransLink to support regional transportation investments, no increase to the Roads & Traffic Safety Levy is required for 2026; and

• Generally, user fees increase up to 3.0% to predominantly offset the cost increases associated with providing City services.

Public safety continues to be a key priority for Mayor and Council. Public Safety is comprised of the Surrey Police Service ("SPS") and the Public Safety Department. In 2025, the City established a Public Safety Department dedicated to leading core safety operations and integrating public safety functions across all City departments. The department oversees Surrey Fire Service and Bylaw Services. In addition, it maintains a collaborative approach with the SPS and the Surrey Police Board (“SPB”) to align programs, priorities, goals and objectives to achieve positive public safety outcomes. Surrey Police Service In accordance with the Police Act, the SPB submitted their 2026 provisional budget to the City in November 2025, inclusive of three main components: Surrey Police Service Operations, Lower Mainland Integrated Police Services, and the Surrey Provincial Operations Support Unit (“SPOSU”), comprised of RCMP members supporting SPS in their transition. Following the submission of the provisional budget, the SPB, City staff and SPS leadership worked collaboratively to revise their submitted budget, resulting in a 2026 SPS operating budget of $284.5 million. This revised budget has been approved by the SPB. The revised budget represents a $44.4 million increase over the 2025 adopted Policing budget and reflects Council’s and SPB’s commitment to addressing the ongoing extortion crisis, strengthening frontline policing, and ensuring that SPS has the resources needed to provide adequate and effective policing in Surrey. The policing transition has entered its final phase and will be completed when SPS no longer requires assistance from SPOSU. The timeline for this will depend on the pace of SPS hiring, infrastructure development, and file transfer.

City of Surrey | 2026—2030 Financial Plan | Executive Overview

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