City of Surrey's 2021 - 2025 Financial Plan

DRAINAGE BYLAW, 2020, NO. 20202

CITY OF SURREY

Bylaw 20202

Schedule 1

Drainage Operating Financial Plan To establish years 2021 to 2025 2021 2022

2023

2024

2025

PROPOSED FUNDING SOURCES Other Property Value Taxes Revenues from Property Value Taxes Utilities - Drainage Parcel Tax Revenues from Parcel Taxes

$

27,000 27,000

$

27,000 27,000

$

27,000 27,000

$

27,000 27,000

$

27,000 27,000

42,013,000 42,013,000 42,040,000

43,203,000 43,203,000 43,230,000

44,348,000 44,348,000 44,375,000

45,525,000 45,525,000 45,552,000

46,733,000 46,733,000 46,760,000

Taxation Revenues

Developer Contributions

234,000 56,000 150,000 440,000

234,000 140,000 153,000 527,000

234,000 191,000 156,000 581,000

234,000 224,000 159,000 617,000

234,000 259,000 162,000 655,000

Investment Income

Other Revenue

Revenues from Other Sources

TOTAL FUNDING SOURCES

$

42,480,000

$

43,757,000

$

44,956,000

$

46,169,000

$

47,415,000

PROPOSED EXPENDITURES Drainage Expenditures TOTAL EXPENDITURES

13,515,000 13,515,000

13,779,000 13,779,000

14,049,000 14,049,000

14,324,000 14,324,000

14,738,000 14,738,000

$

$

$

$

$

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 12,789,000 13,145,000

14,027,000

15,661,000

17,706,000

Transfers To/(From) Reserve Funds

200,000

200,000

100,000

-

-

Transfers To/(From) Capital Sources

$

12,989,000

$

13,345,000

$

14,127,000

$

15,661,000

$

17,706,000

$

$

14,971,000

Transfers To/(From) Operating Sources

$

15,976,000

$

16,633,000

$

16,780,000

16,184,000

TOTAL TRANSFERS BETWEEN SOURCES

$

28,965,000

$

29,978,000

$

30,907,000

$

31,845,000

$

32,677,000

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

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

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