City of Surrey Financial_Plan 2015-2019

CITY OF SURREY

Bylaw 18381

Schedule 1

General Operating Financial Plan and establish years 2015 to 2019

2014

2015

2016

2017

2018

2019

PROPOSED FUNDING SOURCES

restated

Revenues from Property Value Taxes Property Value Taxes

263,015,000 $

278,395,000 $

292,894,000 $

308,442,000 $

324,830,000 $

342,103,000 $

Revenues from Parcel Taxes Cultural & Recreational Parcel Tax

-

16,119,000

16,592,000

17,078,000

17,580,000

18,096,000

Revenues from Fees & Charges Departmental Revenue

61,973,000 11,730,000 3,500,000 77,203,000

66,440,000 16,311,000 3,800,000 86,551,000

67,045,000 17,439,000 3,900,000 88,384,000

69,223,000 18,699,000 4,000,000 91,922,000

71,251,000 20,011,000 4,100,000 95,362,000

75,664,000 21,415,000 4,200,000 101,279,000

Secondary Suite Infrastructure Fee

Penalties & Interest on Taxes

Revenues from Fees and Charges

Revenues from Other Sources Investment Income Government Transfers Corporate Lease Revenue

15,453,000 11,312,000 4,223,000 6,400,000 37,388,000

14,112,000 11,030,000 4,895,000 6,400,000 36,437,000

14,148,000 11,325,000 6,826,000 6,400,000 38,699,000

13,871,000 11,625,000 6,934,000 6,400,000 38,830,000

13,542,000 11,931,000 7,046,000 6,400,000 38,919,000

13,238,000 12,244,000 7,161,000 6,400,000 39,043,000

Other Revenue

Revenuse from Other Sources

TOTAL FUNDING SOURCES

377,606,000 $

417,502,000 $

436,569,000 $

456,272,000 $

476,691,000 $

500,521,000 $

PROPOSED EXPENDITURES

Municipal Expenditures Police Services

121,395,000 $

132,490,000 $ 57,558,000 81,881,000 36,406,000 27,589,000 16,267,000 5,599,000 2,042,000 359,832,000

147,041,000 $ 59,176,000 86,818,000 38,354,000 27,960,000 16,567,000 5,960,000 2,042,000 383,918,000

152,809,000 $ 60,836,000 92,132,000 40,097,000 28,561,000 17,008,000 6,327,000 2,042,000 399,812,000

158,430,000 $ 62,541,000 96,414,000 42,774,000 29,634,000 17,742,000 6,665,000 1,971,000 416,171,000

164,241,000 $ 64,289,000 104,025,000 44,152,000 30,758,000 18,508,000

Fire Services

59,328,000 71,722,000 34,364,000 25,592,000 15,579,000 5,349,000

Parks, Recreation & Culture

General Government

Planning & Development Surrey Public Library Engineering Services Operating Contingency Total Municipal Expenditures

7,020,000 1,971,000

917,000

334,246,000

434,964,000

Fiscal Services & Debt Interest

7,802,000

10,845,000

12,214,000

13,782,000

17,698,000

20,449,000

Municipal Debt

4,910,000

6,029,000

4,911,000

5,609,000

5,137,000

4,812,000

TOTAL EXPENDITURES

346,958,000 $

376,706,000 $

401,043,000 $

419,203,000 $

439,006,000 $

460,225,000 $

PROPOSED TRANSFERS BETWEEN FUNDS

Transfers (from)/to Special Funds

22,247,000 $

32,266,000 $

26,720,000 $

26,841,000 $

26,054,000 $

27,078,000 $

Transfers (from)/to Capital

13,400,000

12,400,000

12,700,000

14,100,000

15,550,000

17,150,000

Transfer (from)/to Unappropriated Surplus (4,999,000)

(3,870,000)

(3,894,000)

(3,872,000)

(3,919,000)

(3,932,000)

TOTAL TRANSFERS BETWEEN FUNDS

30,648,000 $

40,796,000 $

35,526,000 $

37,069,000 $

37,685,000 $

40,296,000 $

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

$

-

92