City of Surrey's 2022-2026 Financial Plan

SURREY CITY ENERGY—SIGNIFICANT CHANGES (in thousands)

REVENUES 2021 ADOPTED BUDGET

$

3,437

Rate Change

……………………………. …………………………….

76

Growth

1,460

Total Change in Revenue

1,536

2022 REVENUE BUDGET

$

4,973

EXPENDITURES 2021 ADOPTED BUDGET

$

3,437

Expenditures Salaries/Wages & Benefits Salary Rate and Range Increase

…………………………….

7

7

Operating Costs Increase in Service Levels

…………………………….

634

634

Internal Services Used

(345)

(345)

Internal Services Recovered

577

577

Transfer to Capital District Energy Systems Transfer to Operating Transfer to General Operating

…………………………….

561

561

…………………………….

102

102

Total Change in Expenditures

1,536

2022 EXPENDITURE BUDGET

$

4,973

2022 BUDGET

$

-

REVENUES 2022 ADOPTED BUDGET

$

4,973

Increase Due to Rate and Growth

…………………………….

$

6,610

6,610

2026 REVENUE BUDGET

$

11,583

EXPENDITURES 2022 ADOPTED BUDGET

$

4,973

Expenditures Increase to Maintenance & Operations TRANSFERS Transfers to/(from Capital Sources Transfer to/(from) Operating Sources

…………………………….

3,208

3,208

……………………………. …………………………….

2,974

428

3,402

2026 EXPENDITURE BUDGET

$

11,583

2026 BUDGET

$

-

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

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