City of Surrey's 2021 - 2025 Financial Plan

DRAINAGE—SIGNIFICANT CHANGES

(in thousands)

REVENUES 2020 ADOPTED BUDGET

$

41,388

Taxation

Rate Change

……………………………. ……………………………. …………………………….

$

682 552

Growth Change

Trf from Drainage for Sewer Parcel Taxes

(70)

1,164

Developer Contributions

…………………………….

(16)

(16)

Investment Income

…………………………….

(82)

(82)

Total Change in Revenue

1,092

2020 REVENUE BUDGET

$

42,480

EXPENDITURES 2020 ADOPTED BUDGET Expenditures Other Operating Costs

$

41,388

……………………………. ……………………………. …………………………….

79 57

Drng - Maintenance & Operations

Corporate Costs and Labour chargeouts*

(224)

(88)

Transfers To/(From) Capital Sources Non-Growth

……………………………. …………………………….

(821) (687)

DCC Contributions

(1,508)

Transfers To/(From) Operating Sources Contribution to Operating Fund

……………………………. ……………………………. …………………………….

767 179

Drainage transfer to Roads Drainage transfer to Sewer

1,742

2,688

Total Change in Expenditures

1,092

2021 EXPENDITURE BUDGET

$

42,480

$

-

2021 BUDGET

REVENUES 2021 ADOPTED BUDGET

$

42,480

Rate Change

……………………………. ……………………………. ……………………………. …………………………….

$

1,419 3,301

Growth

Penalties and Interest on Taxes Connection fees / Sundry Revenue

203

12

4,935

2025 REVENUE BUDGET

$

47,415

EXPENDITURES 2021 ADOPTED BUDGET

$

42,480

Increase in Maintenance and Operations Costs

……………………………. …………………………….

753 470

Increase in Other Operating Costs

1,223

TRANSFERS Change in Transfers To/(From) Capital Sources Change in Transfers To/(From) Operating Sources

……………………………. …………………………….

4,717

(1,005)

3,712

2025 EXPENDITURE BUDGET

47,415

2025 BUDGET

$

-

City of Surrey | 2021—2025 Financial Plan | Utilities Operating Fund | Drainage

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