City of Surrey's 2022-2026 Financial Plan

FINANCE

PERFORMANCE MEASURES The following table identifies key performance measures that will assist the Finance Department in tracking its progress and monitoring its contribution to building a sustainable Surrey.

Budget

Performance Measures (Sustainability Theme) % of completed audit reports that result in recommendations for change (Infrastructure) # of quarterly reports submitted to Council (Infrastructure) # of tax e-bills sent out (Ecosystems) # of utility e-bills sent out (Ecosystems) # of invoices processed by Accounts Payable (Infrastructure) # of electronic invoices received by Accounts Payable (Infrastructure) # of departmental procurement training sessions conducted (Infrastructure) Total cost of risk per capita (Economic Prosperity) # of invoices created by Accounts Receivable (Infrastructure) % of staff receiving electronic pay stubs (Infrastructure)

Actual 2021

Budget 2021

Division

2022

2023

2024

2025

2026

Financial Reporting

75%

90%

90%

90%

90%

90%

90%

3

3

3

3

3

3

3

Budget

24, 308 22,729

22,729

23,229

23,729 24,229

24,740

28,600

29,100 29,600

30,100 30,600

31,100

33,047

Revenue Services

69,476

70,874

72,291

73,737

75,212 76,716

78,250

43,946 48,115 49,078 50,059

51,060

52,082 53,124

Procurement Services

4

4

4

4

4

4

4

Risk Management Services

$4.50

$3.25

$6.00

$6.75

$6.75

$6.50

$6.50

10,516

15,662

10,726 10,941

11,160

11,383

11,611

Treasury Operations

100%

100%

100%

100%

100%

100%

100%

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

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