City of Surrey Financial Plan 2020-2024

CONSOLIDATED FINANCIAL SUMMARY—DEPARTMENTS (in thousands) 2018 2019 2019 2020 2021

2022 PLAN

2023 PLAN

2024 PLAN

NET DEPARTMENTAL

ACTUAL ACTUAL BUDGET BUDGET

PLAN

GENERAL OPERATING FUND Mayor, Council & Grants

$

3,441 1,121

$

3,355 1,121

$

3,495 1,293

$

3,599 1,418

$

3,650 1,465

$

3,703 1,513

$

3,757 1,563

$

3,812 1,615

City Manager

Corporate Services Engineering Services

33,090

35,497

35,595

36,575

37,334

38,094

38,874

39,629

130

34

2,461 9,599

2,811

3,002

3,199

3,403

3,615

Finance

7,823

8,014

10,050 65,084

10,427 65,222

10,811 65,358

11,201 65,492

11,522 65,624

Fire

61,881

64,614

65,221

Investment & Intergov. Relations Parks, Recreation & Culture

1,333

1,353

1,598

1,608

1,654

1,702

1,752

1,803

62,881

64,790 (1,840) 23,814 137,390

64,517

68,104

70,946

73,492

75,456

77,494

Planning & Development

542

9,687

8,798

8,748

8,699

8,646

8,593

Policing

21,920 129,465

24,350 138,827

25,014 141,907

152,021 35,625

197,500

203,400

209,400

RCMP

-

- -

- -

Policing Operating Contingency

-

-

-

-

1,900

1,900

Surrey Public Library

16,476 (2,111)

17,134 37,546

17,182

18,641

19,723

20,199

20,686

21,182

General Operating Contingency UTILITIES OPERATING FUNDS Drainage Operations

1,326

1,326

1,326

1,326

1,326

1,326

13,723 (3,498) 23,456 (3,294) (9,143) (13,691) 130,648 (480)

14,736 (2,419) 22,679 (4,098) (7,650)

13,992 (2,622) 30,269 (1,228) (9,692)

13,679 (2,748) 29,006 (2,260) (10,385)

13,942 (2,847) 29,426

14,211 (2,974) 30,001 (12,200) (1,774) (12,856) (279)

14,487 (3,083) 30,588 (1,430) (13,827) (2,706) (13,358)

14,768 (3,204) 31,186 (3,315) (14,557) (3,739) (13,961)

Parking Authority

Roads & Traffic Operations

Sewer Operations

69

Solid Waste Operations

(10,866)

Surrey City Energy Water Operations

(692)

(820)

(567)

(738)

(14,238)

(7,618)

(13,595)

(12,267)

AMORTIZATION EXPENSE

134,016

133,091

149,853

152,313

153,758

153,633

156,373

475,713 $

$

535,156

$

530,523

$

547,918

$

582,075

$

595,383

$

599,860

$

609,166

ACCOUNT SUMMARY Revenues Sale of Goods and Services

(228,960) $

(241,791) $

(234,481) $

(250,687) $

(262,225) $

(282,923) $

(305,290) $

(326,657) $

Transfers from Other Government Grants, Donations and Other

(8,702) (43,760) (281,422) 272,914 509,523 88,483 (96,432) (20,985) 753,503

(10,324) (45,520) (297,635) 285,821 572,453 93,437 (101,040) (24,279) 826,392

(8,616) (33,820) (276,917) 290,858 530,523 83,020 (91,404) (13,472) 799,525

(8,626) (36,336) (295,649) 298,570 557,048 88,935 (95,378) (14,249) 834,926

(8,547) (37,375) (308,147) 305,431 597,055 90,634 (97,426) (14,442) 881,252

(8,468) (38,478) (329,869) 311,333 628,035 92,393 (99,521) (14,652) 917,588

(8,490) (39,589) (353,369) 317,895 649,866 94,186 (101,664) (14,864) 945,419

(8,513) (40,740) (375,910) 324,674 675,344 96,011 (103,853) (15,082) 977,094

Expenditures Salaries and Benefits

Operating Costs

Internal Services Used

Internal Services Recovered

External Recoveries

Net Operations Total

472,081

528,757

522,608

539,277

573,105

587,719

592,050

601,184

Transfers To (From) Capital Sources To (From) Operating Sources

5,848

2,818 3,581 6,399

10,332 (2,417)

11,445 (2,804)

11,625 (2,655)

10,163 (2,499)

10,144 (2,334)

10,144 (2,162)

(2,216)

3,632

7,915

8,641

8,970

7,664

7,810

7,982

475,713 $

$

535,156

$

530,523

$

547,918

$

582,075

$

595,383

$

599,860

$

609,166

78