City of Surrey's 2021 - 2025 Financial Plan

SURREY CITY ENERGY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2020 ADOPTED BUDGET

$

2,819

Rate Change

……………………………. …………………………….

-

Growth

618

Total Change in Revenue

618

2021 REVENUE BUDGET

$

3,437

EXPENDITURES 2020 ADOPTED BUDGET

$

2,819

Expenditures Salaries/Wages & Benefits Salary Rate and Range Increase

…………………………….

31

31

Operating Costs Increase in Service Levels

…………………………….

199

199

Internal Services Used

4

4

Internal Services Recovered

(31)

(31)

Transfer to Capital District Energy Systems

…………………………….

375

375

Transfer to Operating Transfer to General Operating

…………………………….

40

40

Total Change in Expenditures

618

2021 EXPENDITURE BUDGET

$

3,437

2021 BUDGET

$

-

REVENUES 2021 ADOPTED BUDGET

$

3,437

Increase Due to Rate and Growth

…………………………….

$

6,908

6,908

2025 REVENUE BUDGET

$

10,345

EXPENDITURES 2021 ADOPTED BUDGET

$

3,437

Expenditures Increase to Maintenance & Operations TRANSFERS Transfers to/(from Capital Sources Transfer to/(from) Operating Sources

…………………………….

3,242

3,242

……………………………. …………………………….

3,217

449

3,666

2025 EXPENDITURE BUDGET

$

10,345

2025 BUDGET

$

-

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

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