City of Surrey's 2022-2026 Financial Plan

PARKING AUTHORITY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2021 ADOPTED BUDGET

$

4,217

Growth

……………………………. ……………………………. …………………………….

$

(1,135)

Increase in Digital Sign Revenues

13 86

Increase in Bus Bench and Bus Shelter Advertising

Total Change in Revenue

(1,036)

2022 REVENUE BUDGET

$

3,181

EXPENDITURES 2021 ADOPTED BUDGET

$

4,217

Expenditures Salaries/Wages & Benefits Salary Rate and Range Increase

…………………………….

(19)

(19)

Operating Costs Increase in Service Levels

…………………………….

52

52

Internal Services Used

…………………………….

(706)

(706)

Internal Services Recovered

…………………………….

697

697

External Recoveries

…………………………….

-

-

Transfers To/(From) Capital Sources Parkade & Equipment Repayments

…………………………….

(656)

(656)

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

…………………………….

(404)

(404)

Total Change in Expenditures

(1,036)

2022 EXPENDITURE BUDGET

$

3,181

2022 BUDGET

$

-

REVENUES 2022 ADOPTED BUDGET

$

3,181

Increase Due to Rate and Growth

…………………………….

$

464

464

2026 REVENUE BUDGET

$

3,645

EXPENDITURES 2022 ADOPTED BUDGET

$

3,181

Increase to Maintenance & Operations

…………………………….

113

113

TRANSFERS Parkade and Equipment Repayments Transfers To/(From) Operating Sources

……………………………. …………………………….

32

319

351

2026 EXPENDITURE BUDGET

$

3,645

2026 BUDGET

$

-

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

307