COS Financial Plan 2018 - 2022

CONSOLIDATED FINANCIAL SUMMARY—SIGNIFICANT CHANGES

(in thousands)

2017 ADOPTED BUDGET

$ -

REVENUES Taxation Assessment Growth Taxation Rate Increase

…………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. …………………………………………. ………………………………………….

$

6,274

15,096

Other Assessment Adjustments

82

Capital Parcel Tax

105

Grants in lieu

1,162 4,929

Taxation - Utilities

27,648

Departmental Revenues City Manager

297

Corporate Services

-

Finance

51

Investment & Intergovernmental Relations

-

Fire

46

RCMP

(33)

Engineering Services

908 654 814

Parks, Recreation & Culture Planning & Development

Surrey Public Library

53

Utilities

10,435

Corporate

(419)

Other Entities

9,285

22,091

Penalties and Interest

(492)

Development Cost Charges

25,468

Investment Income

798

Government Transfers

(17,520)

Lease Revenues

364

Borrowing Proceeds

-

Other Revenue

(710)

$ 57,647

Total Change in Revenue

the future lives here.

2018-2022 Financial Plan

- 79 -