COS Financial Plan 2018 - 2022

CONSOLIDATED FINANCIAL SUMMARY—SIGNIFICANT CHANGES

(in thousands)

2018 ADOPTED BUDGET

$

-

REVENUES Taxation Assessment Growth Taxation Rate Increase

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

$

28,129 67,274

Other Assessment Adjustments

(200)

Capital Parcel Tax

1,380 2,999

Grants in lieu

Taxation - Utilities

25,279

124,861

Departmental Revenues City Manager

1,155

Corporate Services

-

Finance

152

Investment & Intergovernmental Relations

-

Fire

217

RCMP

(226)

Engineering Services

1,093 5,707 2,722

Parks, Recreation & Culture Planning & Development

Surrey Public Library

52

Corporate

5,156

Other Entities

12,919 60,262

Utilities

89,209

Penalties and Interest

1,064

Development Cost Charges

63,325

Investment Income

896

Government Transfers

6,493

Lease Revenues

496

Borrowing Proceeds

-

Other Revenue

417

$ 286,761

Total Change in Revenue

the future lives here.

2018-2022 Financial Plan

- 81 -