City of Surrey's 2021 - 2025 Financial Plan

CONSOLIDATED FINANCIAL SUMMARY—DEPARTMENTS (in thousands)

2019

2020

2020

2021

2022

2023

2024

2025

NET DEPARTMENTAL

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

GENERAL OPERATING FUND Mayor, Council & Grants

$

3,355 1,121

$

3,262 1,114

$

3,599 1,418

$

3,605 1,550

$

3,611 1,553

$

3,617 1,556

$

3,623 1,559

$

3,629 1,562

City Manager

Corporate Services Engineering Services

35,497

39,010

36,575

38,159

38,091

37,999

37,899

37,789

301

2,983 9,240

3,076

4,608

4,138

4,176

4,215

4,256

Finance

8,014

10,050 65,084

10,675 65,761

10,790 66,545

10,904 66,620

11,017 66,692

11,129 66,762

Fire

64,614

64,053

Investment & Intergov. Relations Parks, Recreation & Culture

1,353

1,369

1,608

1,651

1,653

1,655

1,657

1,659

64,523 (1,840)

59,869

67,839

71,141

71,270

71,669

76,964

77,453

Planning & Development

2,861

8,798

8,707

8,039

7,354

6,653

5,935

Police

161,204 17,134 37,546

166,076 14,078

166,921 18,641

189,400 19,432

194,893 19,491

200,544 19,551

206,360 19,610

184,062 19,373

Surrey Public Library

General Operating Contingency UTILITIES OPERATING FUNDS Drainage Operations

(1,752)

1,326

1,536

1,536

1,536

1,536

1,536

14,736 (2,419) 22,679 (4,098) (7,650) (14,938) 134,016 (692)

8,734

13,679 (2,748) 29,006 (2,260) (10,385) (14,195) 149,853 (567)

13,565 (2,737) 24,995 (2,057) (10,381) (17,832) 142,206 (982)

13,826 (3,136) 25,513 (2,764) (11,925) (1,289) (18,361)

13,993 (3,246) 26,026 (3,552) (13,805) (2,215) (19,045)

14,165 (3,367) 26,550 (5,350) (14,779) (3,379) (19,164)

14,576 (3,492) 27,085 (6,657) (15,786) (4,648) (19,632)

Parking Authority

(2,185) 16,712 (6,576) (9,589) (13,319) 136,354 (503)

Roads & Traffic Operations

Sewer Operations

Solid Waste Operations

Surrey City Energy Water Operations

145,828

146,604

150,899

153,229

AMORTIZATION EXPENSE

534,456 $

491,791 $

547,318 $

557,605 $

563,750 $

566,230 $

577,485 $

582,355 $

ACCOUNT SUMMARY

Revenues Sale of Goods and Services

(241,790) $

(229,174) $

(250,687) $

(254,945) $ (14,794) (38,127) (307,866)

(269,525) $

(287,168) $

(308,713) $

(336,702) $

Transfers from Other Government Grants, Donations and Other

(16,865) (45,520) (304,175) 285,820 572,453 93,437 (101,040) (17,738) 832,932

(16,337) (46,549) (292,060) 265,857 521,152 89,178 (95,532) (14,294) 766,361

(8,626) (36,336) (295,649) 298,570 557,048 88,935 (95,378) (14,249) 834,926

(14,837) (39,302) (323,664) 402,985 488,563 88,362 (94,115)

(14,883) (40,414) (342,465) 435,356 477,415 87,522 (94,645)

(15,032) (41,558) (365,303) 441,058 505,607 88,879 (95,248)

(15,184) (42,737) (394,623) 446,097 533,710 89,006 (95,830)

Expenditures Salaries and Benefits

344,635 528,165 82,859 (93,567)

Operating Costs

Internal Services Used

Internal Services Recovered

External Recoveries

(7,326)

(7,445)

(7,221)

(7,248)

(7,277)

854,766

878,350

898,427

933,048

965,706

Net Operations Total

528,757

474,301

539,277

546,900

554,686

555,962

567,745

571,083

Transfers To (From) Capital Sources To (From) Operating Sources

2,118 3,581 5,699

(6,768) 24,258 17,490

10,845 (2,804)

13,059 (2,354) 10,705

11,420 (2,356)

12,626 (2,358) 10,268

12,100 (2,360)

13,635 (2,363) 11,272

8,041

9,064

9,740

534,456 $

491,791 $

547,318 $

557,605 $

563,750 $

566,230 $

577,485 $

582,355 $

City of Surrey | 2021—2025 Financial Plan | Financial Overview

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