City of Surrey 2020-2024 Financial Plan

GENERAL OPERATING FINANCIAL SUMMARY (in thousands)

2018

2019

2019

2020

2021

2022

2023

2024

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Taxation

351,771 $

368,663 $

364,480 $

386,491 $

401,357 $

416,806 $

432,863 $

449,551 $

Sale of Goods and Services Departmental Fees & Charges

50,209 18,413

50,189 19,555

47,411 19,083

47,984 22,187

49,736 23,050

51,196 23,948

52,700 24,881

54,244 25,850

Secondary Suite Infrastructure Fees Other Corporate Fees & Charges

3,549

3,208

3,250

3,109

2,873

2,638

2,403

2,168

Sale of Goods and Services

72,171

72,952

69,744

73,280

75,659

77,782

79,984

82,262

16,488

16,412

16,439

16,512

16,589

Investment Income

20,048

23,083

17,623

Transfers from Other Governments Departmental Government Transfers Corporate Government Transfers Transfers from Other Governments

8,509

9,407 7,854

8,120 6,375

8,120 6,455

8,031 6,549

7,942 6,570

7,953 6,664

7,965 6,685

20,054 28,563

17,261

14,495

14,575

14,580

14,512

14,617

14,650

Other Revenues Departmental Other Revenues

42,071 16,210 58,281

43,770 16,873 60,643

32,184 15,711 47,895

34,367 15,338 49,705

35,297 15,399 50,696

36,255 15,461 51,716

37,239 15,523 52,762

38,251 15,586 53,837

Corporate Other Revenues

Other Revenues

TOTAL REVENUE

530,834 $

542,602 $

514,237 $

540,539 $

558,704 $

577,255 $

596,738 $

616,889 $

EXPENDITURE SUMMARY

Departmental Expenditures

433,326 $

486,267 $

458,206 $

469,606 $

500,143 $

517,669 $

527,163 $

539,618 $

260

260

General Government - Council Initiatives

283

170

260

260

260

260

Fiscal Services & Debt Interest

9,153

8,188

8,661

8,353

9,008

9,663

11,065

12,518

Municipal Debt Principal

17,188

4,682

4,682

4,692

4,682

5,243

5,495

5,832

TOTAL EXPENDITURES

459,950 $

499,307 $

471,809 $

482,911 $

514,093 $

532,835 $

543,983 $

558,228 $

TRANSFERS SUMMARY

Transfers To/(From) Capital Sources

51,716

37,474

43,776

63,831

51,555

48,632

53,963

57,902

Transfers To/(From) Operating Sources

19,168

5,821

(1,348)

(6,203)

(6,944)

(4,212)

(1,208)

759

TOTAL TRANSFERS

70,884 $

43,295 $

42,428 $

57,628 $

44,611 $

44,420 $

52,755 $

58,661 $

Surplus/(Deficit)

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

Trsf (To)/From Equity & Unapp. Surplus

NET GENERAL OPERATING

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

90