City of Surrey's 2021 - 2025 Financial Plan

SOLIDWASTE BYLAW, 2020, NO. 20203

CITY OF SURREY

Bylaw 20203

Schedule 1

Solid Waste Operating Financial Plan To establish years 2021 to 2025 2021 2022

2023

2024

2025

PROPOSED FUNDING SOURCES Utilities Fees & Charges

46,946,000 46,946,000

48,541,000 48,541,000

50,181,000 50,181,000

51,867,000 51,867,000

53,600,000 53,600,000

Revenues from Fees

Investment Income

54,000 149,000 203,000

110,000 152,000 262,000

141,000 155,000 296,000

180,000 158,000 338,000

226,000 161,000 387,000

Utilities Penalties & Interest Revenues from Other Sources

TOTAL FUNDING SOURCES

47,149,000 $

48,803,000 $

50,477,000 $

52,205,000 $

53,987,000 $

PROPOSED EXPENDITURES Solid Waste Expenditures

34,410,000 1,770,000

35,015,000 1,724,000

35,713,000 1,675,000

36,425,000 1,623,000 1,035,000

37,151,000 1,569,000 1,089,000

Debt Interest

Debt Repayment

888,000

935,000

983,000

TOTAL EXPENDITURES

37,068,000 $

37,674,000 $

38,371,000 $

39,083,000 $

39,809,000 $

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Funds 2,681,000 3,646,000

4,515,000

5,423,000

6,363,000

Transfers To/(From) Reserve Funds Transfers To/(From) Capital Sources

663,000

663,000

663,000

663,000

663,000

$

3,344,000

$

4,309,000

$

5,178,000

$

6,086,000

$

7,026,000

Transfers To/(From) Operating Sources

$

6,737,000

$

6,820,000

$

6,928,000

$

7,036,000

$

7,152,000

TOTAL TRANSFERS BETWEEN SOURCES 10,081,000 $

11,129,000 $

12,106,000 $

13,122,000 $

14,178,000 $

$

-

$

-

BALANCED BUDGET

$

-

$

-

$

-

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

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