City of Surrey's 2021 - 2025 Financial Plan

DISTRICT ENERGY BYLAW, 2020, NO. 20205

CITY OF SURREY

Bylaw 20205

Schedule 1

District Energy Operating Financial Plan To establish years 2021 to 2025 2021 2022

2023

2024

2025

PROPOSED FUNDING SOURCES Utilities Fees & Charges

3,437,000 3,437,000

5,007,000 5,007,000

6,594,000 6,594,000

8,426,000 8,426,000

10,345,000 10,345,000

Revenues from Fees

TOTAL FUNDING SOURCES

$

3,437,000

$

5,007,000

$

6,594,000

$

8,426,000

$

10,345,000

PROPOSED EXPENDITURES Surrey City Energy TOTAL EXPENDITURES

2,455,000 2,455,000

3,718,000 3,718,000

4,379,000 4,379,000

5,047,000 5,047,000

5,697,000 5,697,000

$

$

$

$

$

PROPOSED TRANSFERS BETWEEN CAPITAL AND OPERATING SOURCES Transfers To/(From) Capital Sources 759,000 $ 964,000 $

$

1,786,000

$

2,831,000

$

3,976,000

Transfers To/(From) Operating Sources

$

223,000

$

325,000

$

429,000

$

548,000

$

672,000

TOTAL TRANSFERS BETWEEN SOURCES

$

982,000

$

1,289,000

$

2,215,000

$

3,379,000

$

4,648,000

BALANCED BUDGET

$

-

$

-

$

-

$

-

$

-

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

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