City of Surrey's 2022-2026 Financial Plan

DRAINAGE—FINANCIAL SUMMARY

(in thousands)

2020

2021

2021

2022

2023

2024

2025

2026

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Drainage Parcel Tax Special Assessment

$

40,639

$

41,737

$

42,013

$

42,937

$

44,496

$

46,114

$

47,793

$

49,537

19

25

27

27

27

27

27

27

Taxation

40,658

41,762

42,040

42,964

44,523

46,141

47,820

49,564

Developer Contributions

79

58

234

175

175

175

175

175

Investment Income

46

27

56

34

84

161

279

443

Transfers fromOther Governments

213

165

-

266

266

266

266

266

Other Revenue

163

190

150

160

162

164

166

168

TOTAL REVENUE

$

41,208

$

42,204

$

42,480

$

43,599

$

45,210

$

46,907

$

48,706

$

50,616

EXPENDITURE SUMMARY

Operational Expenditures

$

13,153

$

13,576

$

13,515

$

14,469

$

14,759

$

15,013

$

15,314

$

15,619

$

$

14,759

$

15,013

$

15,314

$

15,619

14,469

TOTAL EXPENDITURE

$

13,153

$

13,576

$

13,515

TRANSFERS SUMMARY

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

$

17,147 10,908

$

18,804

$

12,989 15,976

$

14,177 14,953

$

17,956 12,495

$

21,686 10,208

$

25,699

$

27,051

9,824

7,693

7,946

TOTAL TRANSFERS

$

28,055

$

28,628

$

28,965

$

29,130

$

30,451

$

31,894

$

33,392

$

34,997

Surplus/(Deficit)

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

NET DRAINAGE

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Drainage Operations 50.5%

Capital 49.5%

City of Surrey | 2022—2026 Financial Plan | Utilities Operating Fund | Drainage

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