City of Surrey's 2022-2026 Financial Plan

TRANSPORTATION—SIGNIFICANT CHANGES (in thousands)

REVENUES 2021 ADOPTED BUDGET

$

40,075

Taxation Growth

…………………………….

$

447

447

Non-Taxation Revenues Sale of Goods and Services

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

4

Developer Contributions

427 271

Transfers fromOther Governments

Other Revenue

1,099

1,801

Total Change in Revenue

2,248

2022 REVENUE BUDGET

$

42,323

EXPENDITURES 2021 ADOPTED BUDGET

$

40,075

Expenditures Salaries/Wages & Benefits Salary Adjustments and Growth

…………………………….

(1,702)

(1,702)

Operating Costs Operating Costs Adjustment

…………………………….

2,139

2,139

Internal Services Used/Recovered Internal Services Adjustment

…………………………….

2,632

2,632

External Recoveries External Recoveries Adjustment

…………………………….

30

30

Transfers To/(From) Capital Sources Change in Capital Funding

…………………………….

(1,567)

(1,567)

Transfers To/(From) Operating Sources Change in Operating Funding

…………………………….

716

716

Total Change in Expenditures

2,248

2022 EXPENDITURE BUDGET

$

42,323

2022 BUDGET

$

-

REVENUES 2022 ADOPTED BUDGET

$

42,323

Taxation Increase Due to Growth Change in Non-Taxation Revenue

……………………………. …………………………….

$

1,321

1,217

2,538

2026 REVENUE BUDGET

$

44,861

EXPENDITURES 2022 ADOPTED BUDGET

42,323

Operating Costs

…………………………….

3,014

3,014

TRANSFERS Contribution to Capital Contribution to Operating

……………………………. …………………………….

1,355

(1,831)

(476)

2026 EXPENDITURE BUDGET

$

44,861

2026 BUDGET

$

-

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

320