COS Financial Plan 2018 - 2022

CITY OF SURREY TABLE OF CONTENTS

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EXECUTIVE OVERVIEW Reader’s Guide .......................................................................................................... 1 Message from the General Manager, Finance ....................................................... 3 Approved Supplemental Funding Requests ........................................................... 8 Budget Summary ...................................................................................................... 9 Sustainability Charter ............................................................................................ 10 Financial Planning Process..................................................................................... 17 COMMUNITY PROFILE Surrey’s History....................................................................................................... 21 Population and Growth Statistics .......................................................................... 26 Business and Industry ............................................................................................ 29 Taxes, Utilities and Assessments .......................................................................... 34 Educational Services............................................................................................... 36 Health and Safety Services .................................................................................... 38 ORGANIZATIONAL PROFILE City Government and Administration ................................................................... 41 Organizational Objectives ...................................................................................... 44 Organizational Governance.................................................................................... 48 Integrated Planning Model ..................................................................................... 53 City of Surrey Corporate Functions ....................................................................... 54 Staffing Complement Summary ............................................................................ 55 FINANCIAL OVERVIEW Economic Overview ................................................................................................ 59 Major Revenue Sources ......................................................................................... 66 Source and Application of Funds .......................................................................... 72 Overview of Fund Structure ................................................................................... 74 Consolidated Financial Summary.......................................................................... 76 GENERAL OPERATING FUND Overview..................................................................................................................89 Financial Summary ................................................................................................. 90 Mayor, Council and Grants......................................................................... 99 City Manager ............................................................................................. 111 Corporate Services.................................................................................... 123 Engineering Services ................................................................................ 139 Finance ....................................................................................................... 153 Fire.............................................................................................................. 167 Investment and Intergovernmental Relations......................................... 181 Parks, Recreation and Culture .................................................................. 193 Planning and Development ...................................................................... 215 RCMP.......................................................................................................... 231 Surrey Public Library ................................................................................ 245

the future lives here.

2018-2022 Financial Plan