COS Financial Plan 2018 - 2022

FINANCE

PUBLIC SAFETY

 Assist Corporate Security in conducting threat analysis for facilities, staff and events.

ECONOMIC PROSPERITY & LIVELIHOODS

 Provided financial controls related guidance and support to continuous improvement projects completed in the year;  Provided financial analysis and advice on City initiatives;  Continue to promote efficiency in standardizing business processes;  Water meter requests were transitioned from paper filing to digital storage, resulting in savings for offsite storage costs;  Worked on improving E-Finance services such as e-billing, invoice submission and electronic fund transfers;  Continued to promote electronic T4 distribution;  Provided risk management advice to the Coastal Flood Adaptation Strategy as a member of the advisory committee; ECOSYSTEMS

 Corporate procurement revamped the Purchasing and Payment Manual, incorporating changes to reflect our Financial Management System (FMS) and process changes;  Continue to utilize a collection agency to ensure efficient revenue collection and the reduction of bad debts; and  Continue to track accounts receivable key performance indicators to better focus collection efforts.

 Promoted e-invoice remittance and e- payments for vendors; and  Continued to promote e-invoice remittance payments for vendors

Source: City of Surrey 2017 Report to Citizens

the future lives here.

2018-2022 Financial Plan

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