City of Surrey's 2022-2026 Financial Plan

FINANCIAL SUMMARY

(in thousands)

2020

2021

2021

2022

2023

2024

2025

2026

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Taxation

390,954 $

444,420 $

434,772 $

449,848 $

466,507 $

483,810 $

501,783 $

520,454 $

Sale of Goods and Services Departmental Fees & Charges

28,363 22,557

35,466 23,831

47,730 22,548

48,996 23,313

50,315 24,221

51,707 25,164

53,138 26,145

54,611 27,164

Secondary Suite Infrastructure Fees Other Corporate Fees & Charges

3,643

4,730

2,962

3,304

3,076

2,848

2,621

2,395

Sale of Goods and Services

54,563

64,027

73,240

75,613

77,612

79,719

81,904

84,170

Developer Contributions

-

413

-

-

-

-

-

-

Investment Income

15,870

15,602

10,920

16,066

16,169

16,276

16,383

16,490

Transfers from Other Governments Departmental Government Transfers Corporate Government Transfers Transfers from Other Governments

10,278 17,835 28,113

10,699 14,942 25,641

8,120 2,328

8,120 3,799

8,120 4,948

8,120 6,035

8,120 6,056

8,120 6,078

10,448

11,919

13,068

14,155

14,176

14,198

Other Revenues Departmental Other Revenues

43,590 14,233 57,823

45,307 10,744 56,051

35,587 11,048 46,635

36,255 12,327 48,582

37,252 12,936 50,188

38,274 13,557 51,831

39,325 13,612 52,937

40,406 13,667 54,073

Corporate Other Revenues

Other Revenues

TOTAL REVENUE

547,323 $

606,154 $

576,015 $

602,028 $

623,544 $

645,791 $

667,183 $

689,385 $

EXPENDITURE SUMMARY

Departmental Expenditures

418,352 $

504,300 $

493,815 $

508,445 $

516,855 $

528,441 $

540,144 $

549,471 $

General Government - Council Initiatives

11

14

260

260

260

260

260

260

Fiscal Services & Debt Interest

7,887 4,682

7,611 4,682

7,253 4,682

9,508 9,514

9,220 9,895

7,932

7,938

9,209

10,014

10,014

10,014

Municipal Debt Principal

TOTAL EXPENDITURES

430,932 $

516,607 $

506,010 $

527,727 $

536,230 $

546,647 $

558,356 $

568,954 $

TRANSFERS SUMMARY

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

65,997 50,394

126,357 (36,810)

75,007 (5,002)

65,728

64,841 22,473

67,258 31,886

57,579 51,248

54,666 65,765

8,573

TOTAL TRANSFERS

116,391 $

89,547 $

70,005 $

74,301 $

87,314 $

99,144 $

108,827 $

120,431 $

NET GENERAL OPERATING

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

City of Surrey | 2022—2026 Financial Plan | General Operating

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