City of Surrey's 2022-2026 Financial Plan

FINANCIAL SUMMARY—EXPENDITURE

(in thousands)

2020

2021

2021

2022

2023

2024

2025

2026

EXPENDITURE SUMMARY General Government Mayor, Council & Grants City Manager's Department

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$

2,582 1,114

$

2,626 1,113

$

3,605 1,550

$

2,918 1,565

$

2,924 1,568

$

2,930 1,571

$

2,936 1,574

$

2,942 1,577

Corporate Services

32,544 10,639

34,395 11,175

33,593 14,330

35,294 14,621

34,469 14,774

34,544 14,927

34,619 15,080

35,594 15,233

Finance

Investments & Intergov. Relations

1,269

1,366

1,651

1,658

1,660

1,662

1,664

1,666

48,148

50,675

54,729

56,056

55,395

55,634

55,873

57,012

Public Safety Bylaws

11,037 65,509 165,753 242,299

9,110

8,694

8,712

8,842

8,972

9,102

9,232

Fire

68,360 218,351 295,821

66,866 189,991 265,551

68,512 199,471 276,695

68,647 207,131 284,620 10,103 110,744 33,258 21,199 176,840 516,855 1,536

68,782 215,719 293,473 10,431 112,790 33,318 21,259 179,334 528,441 1,536

68,917 220,903 298,922 10,768 118,344 33,383 21,318 185,349 540,144 1,536

69,052 226,242 304,526 11,114 120,457 33,448 21,378 187,933 549,471 1,536

Police

Other Engineering Services

8,961

8,874

9,936

9,854

Parks, Recreation & Culture Planning & Development

75,075 30,335 15,286 (1,752) 127,905 418,352

80,760 31,047 20,491 16,632 157,804 504,300

108,538 32,510 21,015 173,535 493,815 1,536

109,961 33,203 21,140 175,694 508,445 1,536

Surrey Public Library Corporate Operating

Departmental Expenditures

Council Initiative Fund

11

14

260

260

260

260

260

260

(226)

208

153 102

153 102

157 103

162 104

167 105

172 106

Fiscal Charges

Interest Paid on Tax Overpayments

15

12

External Borrowing

8,098 7,887

7,391 7,611

6,998 7,253

9,253 9,508

8,960 9,220

7,666 7,932

7,666 7,938

8,931 9,209

Fiscal Services & Debt Interest

Municipal Debt Principal

4,682

4,682

4,682

9,514

9,895

10,014

10,014

10,014

TOTAL EXPENDITURE

430,932 $

516,607 $

506,010 $

527,727 $

536,230 $

546,647 $

558,356 $

568,954 $

TRANSFERS SUMMARY General Capital Contribution

12,400 25,200

35,748 23,084

35,748 23,084

28,133

26,472

25,006

22,200

19,515

SPS Capital/One-Time Contribution Provincial Casino Revenue Sharing Tree Replacement Contribution SPS Transfers To/(From) Capital Other Transfers To/(From) Capital Transfers To/(From) Capital Sources Roads & Traffic Safety Contribution Other Transfers To/(From) Operating Transfers To/(From) Operating Sources Internal Borrowing

5,400 2,121 2,750

5,000 3,197 2,500

5,000 4,284 2,250

-

-

708

1,750 4,436

-

4,305 2,000

4,327 1,750

2,998

2,500 1,049 2,275

11,985

14,470

14,721

14,996

18,042

16,398

16,398

-

-

2,275

2,275

2,275

2,275

2,275

8,206

46,869 126,357

10,351 75,007

10,328 65,728 12,922 (4,349)

10,401 64,841

10,401 67,258 12,922 18,964 31,886

10,401 57,579 12,922 38,326 51,248

10,401 54,666 12,922 52,843 65,765

65,997

12,923 36,718 50,394

12,923

12,922

12,922

(49,948) (36,810)

(18,574) (5,002)

9,551

8,573

22,473

TOTAL TRANSFERS

116,391 $

89,547 $

70,005 $

74,301 $

87,314 $

99,144 $

108,827 $

120,431 $

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

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