City of Surrey's 2021 - 2025 Financial Plan

PARKING AUTHORITY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2020 ADOPTED BUDGET

$

4,521

Growth

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

$

(403)

Increase in Digital Sign Revenues

13 86

Increase in Bus Bench and Bus Shelter Advertising

Total Change in Revenue

(304)

2021 REVENUE BUDGET

$

4,217

EXPENDITURES 2020 ADOPTED BUDGET

$

4,521

Expenditures Salaries/Wages & Benefits Salary Rate and Range Increase

…………………………….

(8)

(8)

Operating Costs Increase in Service Levels

…………………………….

(219)

(219)

Internal Services Used

…………………………….

(91)

(91)

Internal Services Recovered

…………………………….

11

11

External Recoveries

…………………………….

14

14

Transfers To/(From) Capital Sources Parkade & Equipment Repayments Transfers To/(From) Operating Sources Transfers To General Operating

…………………………….

361

361

…………………………….

(372)

(372)

Total Change in Expenditures

(304)

2021 EXPENDITURE BUDGET

$

4,217

2021 BUDGET

$

-

REVENUES 2021 ADOPTED BUDGET

$

4,217

Increase Due to Rate and Growth

…………………………….

$

818

818

2025 REVENUE BUDGET

$

5,035

EXPENDITURES 2021 ADOPTED BUDGET

$

4,217

Increase to Maintenance & Operations

…………………………….

63

63

TRANSFERS Parkade and Equipment Repayments Transfers To/(From) Operating Sources

……………………………. …………………………….

986

(231)

755

2025 EXPENDITURE BUDGET

$

5,035

2025 BUDGET

$

-

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

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