City of Surrey's 2022-2026 Financial Plan

WATER—FINANCIAL SUMMARY (in thousands)

2020

2021

2021

2022

2023

2024

2025

2026

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Special Assessment

$

(25) (25)

$

13 13

$

189 189

$

201 201

$

104 104

$

110 110

$

104 104

$

109 109

Taxation

Sale of Goods and Services

82,183

88,025

85,238

88,368

92,826

100,336

109,584

119,786

Developer Contributions

-

-

2

2

2

2

2

2

Investment Income

513

167

257

128

217

311

411

512

Penalties and Interest

737 479

799 524

845 346

747 520

754 525

762 530

770 535

778 540

Grants, Donations and Other

Other Revenue

1,216

1,323

1,191

1,267

1,279

1,292

1,305

1,318

TOTAL REVENUE

$

83,887

$

89,528

$

86,877

$

89,966

$

94,428

102,051 $

111,406 $

121,727 $

EXPENDITURE SUMMARY

Operational Expenditures

$

69,499

$

70,571

68,052

$

$

71,842

$

76,043

$

83,729

$

92,369

102,085 $

TOTAL EXPENDITURE

$

69,499

$

70,571

$

68,052

$

71,842

$

76,043

$

83,729

$

92,369

102,085 $

TRANSFERS SUMMARY

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

$

8,572 5,816

$

15,854

$

12,688

$

11,299

$

11,699

$

11,144

$

10,677

$

10,563

3,103

6,137

6,825

6,686

7,178

8,360

9,079

TOTAL TRANSFERS

$

14,388

$

18,957

$

18,825

$

18,124

$

18,385

$

18,322

$

19,037

$

19,642

Surplus/(Deficit)

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

NET WATER

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Water Operations 25.6% GVWD Purchases 60.8% Capital 13.6%

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

363