City of Surrey's 2021 - 2025 Financial Plan

5-YEAR CAPITAL PROGRAM—PARKS, RECREATION & CULTURE

(in thousands)

5 YEAR

CONTRIBUTION SUMMARY

2021

2022

2023

2024

2025 PROGRAM

Discretionary Contributions Community Amenity Contribution Reserve CAC & Bonus Density Contributions

$

40,200 40,200

$

2,350 2,350

$

6,100 6,100

$

8,850 8,850

$

10,900 10,900

$

12,000 12,000

Contributions from Operating City's Share - Parkland Acquistion DCC Program City's Share - Parkland Development DCC Program

706

131

136

141

146

152

10

-

2

2

3

3

Current Year`s Contribution - General Other Appropriations - Green City

87,615

27,225

21,385

20,955

14,625

3,425 1,500 5,080

7,500

1,500

1,500

1,500

1,500

95,831

28,856

23,023

22,598

16,274

Other Reserve Funds Vehicles & Equipment

1,750

350 120 350

350 120 350

350 120 350

350 120 350

350 120 350

Environmental Stewardship

600

1,750

31,676

29,593

31,918

27,644

17,550

138,381

Non-Discretionary Contributions DCC Reserve Funds Parkland

70,000

13,000

13,500

14,000

14,500

15,000

Parkland Development

950

-

200

225

250

275

70,950

13,000

13,700

14,225

14,750

15,275

NCP Reserve Funds Parks

6,880 6,880

900 900

3,980 3,980

- -

2,000 2,000

- -

Other Statutory Reserve Funds Parkland Acquisition

9,000 9,000

- -

1,500 1,500

2,000 2,000

2,500 2,500

3,000 3,000

13,900

19,180

16,225

19,250

18,275

86,830

Other Contributions External Sources Federal/Provincial Contribution

4,000 4,000

1,000 1,000

1,000 1,000

1,000 1,000

1,000 1,000

- -

Other Sources External Borowing

150,600 150,600

130,000 130,000

13,390 13,390

7,210 7,210

- -

- -

131,000

14,390

8,210

1,000

-

154,600

$

379,811

176,576 $

63,163 $

56,353 $

47,894 $

35,825 $

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

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