City of Surrey 2020-2024 Financial Plan

FINANCIAL SUMMARY—EXPENDITURE

(in thousands)

2018

2019

2019

2020

2021

2022

2023

2024

EXPENDITURE SUMMARY General Government Mayor, Council & Grants

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$

3,224 1,121

$

3,119 1,122

$

3,495 1,295

$

3,599 1,420

$

3,650 1,467

$

3,703 1,515

$

3,757 1,565

$

3,812 1,617

City Manager's Department

Corporate Services

30,038 10,377

31,539

30,363 13,170

31,551 13,662

32,293 14,076

33,956 14,498

33,844 14,927

34,597 15,288

Finance

8,557 1,522

Investments & Intergov. Relations

1,652

1,598

1,608

1,654

1,702

1,752

1,803

46,412

45,859

49,921

51,840

53,140

55,374

55,845

57,117

Public Safety Bylaws

9,572

10,832 66,050 32,609 132,728

8,690

8,727

9,009

9,295

9,584

9,891

Fire

62,865 30,237 129,465

66,019 32,485 138,827

66,134 33,184 141,907

66,339 160,138 35,625

66,544 205,564

66,749 211,513

66,954 217,564

Policing

RCMP Contract

-

- -

- -

Policing Operating Contingency

-

-

-

-

1,900

1,900

232,139

242,219

246,021

249,952

273,011

283,303

287,846

294,409

Other Engineering Services

7,260

7,710

7,717

8,112

8,421

8,736

9,058

9,386

Parks, Recreation & Culture Planning & Development

101,994 29,490 18,142 154,775 433,326 (2,111)

103,686 30,366 18,881 37,546 198,189 486,267

102,904 31,540 18,777

106,059 32,055 20,262 167,814 469,606 1,326

110,194 32,707 21,344 173,992 500,143 1,326

113,730 33,380 21,820

116,709 34,072 22,307 183,472 527,163 1,326

119,792 34,785 22,803 188,092 539,618 1,326

Surrey Public Library

General Operating Contingency

1,326

1,326

162,264 458,206

178,992 517,669

Departmental Expenditures

Council Initiative Fund

283

170

260

260

260

260

260

260

Fiscal Charges

453 602

(668)

189 375

153 102

157 103

162 104

167 105

172 106

Interest Paid on Prepaid Taxes

758

External Borrowing

8,098 9,153

8,098 8,188

8,097 8,661

8,098 8,353

8,748 9,008

9,397 9,663

10,793 11,065

12,240 12,518

Fiscal Services & Debt Interest

Municipal Debt Principal

17,188

4,682

4,682

4,692

4,682

5,243

5,495

5,832

TOTAL EXPENDITURE

459,950 $

499,307 $

471,809 $

482,911 $

514,093 $

532,835 $

543,983 $

558,228 $

TRANSFERS SUMMARY General Capital Contribution

18,320

12,400

12,400

13,443 25,200

9,244

7,978

9,190

10,312

SPD Capital/One-Time Contribution SCDC Dividends Contribution Provincial Casino Revenue Sharing Tree Replacement Contribution Other Transfers To/(From) Capital Transfers To/(From) Capital Sources Internal Borrowing

-

-

-

19,600

400

-

-

4,500 4,302 3,131

4,500 4,074 2,640 3,922 9,938

4,500 4,200 3,000

4,500 4,200 2,750 3,385

4,500 4,221 2,500 1,049

4,500 4,242 2,250

4,500 4,263 2,000

4,500 4,284 1,750

11,676

12,455

19,721

23,496 10,514 53,963

26,542 10,514 57,902

9,787

7,221

10,353 63,831

10,441 51,555

9,541

51,716

37,474

43,776

48,632

Roads & Traffic Safety Contribution

16,619

16,593

16,592

12,922

10,635

9,370

8,581

7,723

Carbon Emission Offsets

753

650

650

650

650

650

650

650

1,796

(11,422)

(18,590) (1,348)

(19,775) (6,203)

(18,229) (6,944)

(14,232) (4,212)

(10,439) (1,208)

(7,614)

Other Transfers To/(From) Operating Transfers To/(From) Operating Sources

19,168

5,821

759

General To/(From) Unapp Surplus

-

-

-

-

-

-

-

-

Transfers To/(From) Unapp. Surplus

-

-

-

-

-

-

-

-

TOTAL TRANSFERS

70,884 $

43,295 $

42,428 $

57,628 $

44,611 $

44,420 $

52,755 $

58,661 $

92