City of Surrey's 2021 - 2025 Financial Plan

CAPITAL PLANNING PROCESS

CAPITAL RANKING PROCESS The City’s Capital Ranking Process separates projects into four categories: 1) Council Priorities Projects that Council deems to be high priority. 2) Sustaining Capital Small-scale projects designed to maintain the City’s existing infrastructure, such as investments in information technology, building renovations and the purchase of furniture and equipment. 3) Capital From Statutory Reserve Funds Improvements to and expansions of sewer, water, and road systems funded by DCCs and other reserve funds. 4) Large Scale Capital A selection of proposed large scale capital projects. The model uses six criteria: • Purpose; • Consistency with Master Plans; • Technical feasibility; • Economic benefit; • Social and environmental quality; and • Availability of funding.

Newton Athletic Park

City of Surrey | 2021—2025 Financial Plan | Capital Program

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