City of Surrey 2017 - 2021 Financial Plan

Finance &Technology—Departmental Operations (in thousands)

2015

2016

2016

2017

2018

2019

2020

2021

DIVISION SUMMARY

ACTUAL

ACTUAL BUDGET BUDGET

PLAN

PLAN

PLAN

PLAN

Audit Procurement Financial Services Financial Reporting Information Technology

$

1,533 1,901 1,202

$

1,642 1,931 1,609

$

1,835 2,030 1,314

$

1,911 2,161 1,461

$

1,957 2,219 1,502

$

2,004 2,278 1,544

$

2,064 2,364 1,595

$

2,226 2,602 1,797

18,984

20,233

20,599

21,644

22,128

22,619

23,176

23,894

Leadership

1,602 1,682

1,774 1,682

2,034 1,682

2,078 1,678

2,131 1,842

2,186 2,007

2,272 2,180

2,562 2,454

Risk Management

Targeted Departmental Savings

-

-

(252)

-

-

-

-

-

$

26,904

$

28,871

$

29,242

$

30,933

$

31,779

$

32,638

$

33,651

$

35,535

ACCOUNT SUMMARY

Revenues

Sales and Services

$

(1,256)

$

(1,369)

$

(1,198)

$

(1,245)

$

(1,280)

$

(1,316)

$

(1,340)

$

(1,365)

(93)

(93)

(96)

(96)

(96)

(96)

(96)

Grants, Donations and Other

(94)

(1,350)

(1,462)

(1,291)

(1,341)

(1,376)

(1,412)

(1,436)

(1,461)

Expenditures Salaries and Benefits

17,022 10,789

18,119 11,741

18,970 11,754

20,110 12,127

20,638 12,392

21,180 12,657

21,864 12,922

23,295 13,462

Operating Costs

Targeted Departmental Savings

-

-

(252)

-

-

-

-

-

Internal Services Used

1,251

506

39

161

161

161

161

161

Internal Services Recovered

(2,812)

(2,992)

(3,450)

(3,481)

(3,543)

(3,605)

(3,667)

(3,729)

External Recoveries

(557)

(573)

(128)

(243)

(243)

(243)

(243)

(243)

25,693

26,801

26,933

28,674

29,405

30,150

31,037

32,946

27,333

28,029

28,738

29,601

31,485

25,642

Net Operations Total

24,343

25,339

Transfers Transfer From Own Sources Transfer To Own Sources

(2,594)

(2,907)

(2,142)

(2,142)

(2,142)

(2,142)

(2,142)

(2,142)

5,155 2,561

6,439 3,532

5,742 3,600

5,742 3,600

5,892 3,750

6,042 3,900

6,192 4,050

6,192 4,050

$

26,904

$

28,871

$

29,242

$

30,933

$

31,779

$

32,638

$

33,651

$

35,535

9.41% of General Net Taxation allocated to Finance & Technology

2017-2021 FINANCIAL PLAN

139

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