City of Surrey's 2021 - 2025 Financial Plan

FINANCIAL SUMMARY

(in thousands)

2019

2020

2020

2021

2022

2023

2024

2025

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Taxation

368,663 $

390,954 $

386,491 $

434,772 $

450,847 $

467,543 $

484,888 $

502,905 $

Sale of Goods and Services Departmental Fees & Charges

50,188 19,555

28,363 22,557

47,984 22,187

47,730 22,548

49,098 23,425

49,705 24,337

51,079 25,285

51,743 26,270

Secondary Suite Infrastructure Fees Other Corporate Fees & Charges

3,208

3,643

3,109

2,962

2,730

2,499

2,269

2,039

Sale of Goods and Services

72,951

54,563

73,280

73,240

75,253

76,541

78,633

80,052

Investment Income

23,083

15,870

16,488

10,920

10,940

10,960

11,070

11,180

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

9,407 7,854

10,278 17,835 28,113

8,120 6,455

8,120 2,328

8,030 4,449

7,940 5,598

7,950 6,685

7,960 6,706

14,635

14,666

17,261

14,575

10,448

12,479

13,538

Other Revenues Departmental Other Revenues

43,770 16,873 60,643

43,590 14,233 57,823

34,367 15,338 49,705

35,587 11,048 46,635

36,552 14,255 50,807

37,547 14,317 51,864

38,567 14,379 52,946

39,616 14,442 54,058

Corporate Other Revenues

Other Revenues

TOTAL REVENUE

542,601 $

547,323 $

540,539 $

576,015 $

600,326 $

620,446 $

642,172 $

662,861 $

EXPENDITURE SUMMARY

Departmental Expenditures

486,266 $

418,352 $

469,606 $

493,815 $

502,175 $

506,957 $

520,429 $

526,390 $

General Government - Council Initiatives

170

11

260

260

260

260

260

260

Fiscal Services & Debt Interest

8,188

7,887

8,353

7,253

9,481

9,607

8,318

8,324

Municipal Debt Principal

4,682

4,682

4,692

4,682

9,151

10,195

10,313

10,313

TOTAL EXPENDITURES

499,306 $

430,932 $

482,911 $

506,010 $

521,067 $

527,019 $

539,320 $

545,287 $

TRANSFERS SUMMARY

Transfers To/(From) Capital Sources

37,474

65,997

63,831

75,007

69,454

74,252

76,324

58,582

Transfers To/(From) Operating Sources

5,821

50,394

(6,203)

(5,002)

9,805

19,175

26,528

58,992

TOTAL TRANSFERS

43,295 $

116,391 $

57,628 $

70,005 $

79,259 $

93,427 $

102,852 $

117,574 $

NET GENERAL OPERATING

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

City of Surrey | 2021—2025 Financial Plan | General Operating

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