City of Surrey's 2021 - 2025 Financial Plan

5-YEAR CAPITAL PROGRAM—FINANCIAL SUMMARY

(in thousands)

5 YEAR

CONTRIBUTION SUMMARY

2021

2022

2023

2024

2025 PROGRAM

Discretionary Contributions Community Amenity Contribution Reserve

$

40,200 396,157

$

2,350

$

6,100

$

8,850

$

10,900 77,669

$

12,000 68,638

Contribution from Operating Other Appropriations - Green City

99,742

76,747

73,360

7,500

1,500

1,500

1,500

1,500

1,500

Other Reserve Funds

76,253 520,110

15,269 118,862

16,968 101,315

14,347 98,057

14,989 105,058

14,680 96,818

Non-Discretionary Contributions DCC Reserve Funds

469,020

55,881

100,683

91,244

133,259

87,953

7,880 9,000

NCP Reserve Funds

1,100

4,180 1,500

200

2,200 2,500

200

Other Statutory Reserve Funds

-

2,000

3,000

56,981

106,363

93,444

137,959

91,153

485,900

Other Contributions External Borrowing

150,600 212,783 363,383

130,000 37,019 167,019

13,390 53,534 66,924

7,210

-

-

External Sources

43,303 50,513

49,812 49,812

29,115 29,115

250,000

Unidentified - Budget Authority (not funded)

50,000

50,000

50,000

50,000

50,000

Total Current Year's Contributions

392,862

324,602

292,014

342,829

267,086

1,619,393

Carry Fwd from Previous Years

485,818

117,859

97,381

87,604

102,849

80,126

2,105,211 $

510,721 $

421,983 $

379,618 $

445,677 $

347,212 $

EXPENDITURE SUMMARY

Capital Renewal & Maintenance Buildings

$

20,000 93,143 834,416 79,706 27,224

$

4,000

$

4,000

$

4,000

$

4,000

$

4,000

Equipment

18,027 123,878 13,131

20,226 184,791 15,136

17,805 162,178 16,141

18,647 214,610 17,146

18,438 148,959 18,152 14,737 204,286

Other Capital Improvements

Parkland Acquisition Sundry & Contingency

1,892

1,819

1,500

7,276

1,054,489

160,928

225,972

201,624

261,679

Ranked Projects Buildings

203,700 111,203 314,903

132,100 49,834 181,934

20,350 28,280 48,630

20,500 19,890 40,390

18,550 12,600 31,150

12,200

Other Capital Improvements

600

12,800

250,000

Unidentified - Budget Authority (not funded)

50,000

50,000

50,000

50,000

50,000

1,619,393

Total Current Year's Expenditures

392,862

324,602

292,014

342,829

267,086

485,818

Carry Fwd from Previous Years

117,859

97,381

87,604

102,849

80,126

2,105,211 $

510,721 $

421,983 $

379,618 $

445,677 $

347,212 $

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

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