City of Surrey's 2022-2026 Financial Plan

5-YEAR CAPITAL PROGRAM—EXECUTIVE SUMMARY

(in thousands)

5 YEAR

CONTRIBUTION SUMMARY

2022

2023

2024

2025

2026 PROGRAM

Discretionary Contributions Community Amenity Contribution Reserve

$

46,000 84,529

$

11,000 85,489

$

11,000 96,262

$

12,000 88,001

$

12,000 77,351

$

92,000 431,632

Contribution from Operating Other Appropriations - Green City

1,500

1,500

1,500

1,500

1,500

7,500

Other Reserve Funds

37,118 169,147

13,853 111,841

15,121 123,883

13,277 114,778

16,347 107,198

95,716 626,847

Non-Discretionary Contributions DCC Reserve Funds

79,125

90,957

91,307

84,249

93,145

438,783

NCP Reserve Funds

3,100

200

2,200

2,180

200

7,880

Other Statutory Reserve Funds

10,000 92,225

10,250 101,407

10,500 104,007

10,750 97,179

11,000 104,345

52,500 499,163

Other Contributions External Borrowing

20,600 36,411 57,011

-

-

-

-

20,600 167,965 188,565

External Sources

46,508 46,508

33,240 33,240

27,080 27,080

24,726 24,726

Unidentified - Budget Authority (not funded 50,000

50,000

50,000

50,000

50,000

250,000

Total Current Year's Contributions

368,383

309,756

311,131

289,037

286,269

1,564,575

Carry Fwd from Previous Years

110,515

92,927

93,339

86,711

85,881

469,372

478,898 $

402,682 $

404,470 $

375,748 $

372,149 $

2,033,948 $

EXPENDITURE SUMMARY

Capital Renewal & Maintenance Buildings

$

4,000

$

4,000

$

4,000

$

4,000

$

4,000

$

20,000 93,679 796,411 168,255 27,125

Equipment

21,501 148,151 40,402

17,111 170,858 30,957

18,227 168,747 31,712

16,908 154,527 32,467

19,932 154,127 32,717 20,992 231,769

Other Capital Improvements

Land Acquisition

Sundry & Contingency

2,279

1,679

45

2,130

216,333

224,605

222,731

210,031

1,105,469

Ranked Projects Buildings

73,350 28,700 102,050

13,750 21,400 35,150

25,300 13,100 38,400

19,200

-

131,600 77,506 209,106

Other Capital Improvements

9,806

4,500 4,500

29,006

Unidentified - Budget Authority (not funded 50,000

50,000

50,000

50,000

50,000

250,000

Total Current Year's Expenditures

368,383

309,755

311,131

289,037

286,269

1,564,575

Carry Fwd from Previous Years

110,515

92,927

93,339

86,711

85,881

469,372

478,898 $

402,682 $

404,470 $

375,748 $

372,149 $

2,033,948 $

City of Surrey | 2022—2026 Financial Plan | Capital Program

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