City of Surrey's 2022-2026 Financial Plan

5-YEAR CAPITAL PROGRAM—PARKS, RECREATION & CULTURE

(in thousands)

5 YEAR

CONTRIBUTION SUMMARY

2022

2023

2024

2025

2026 PROGRAM

Discretionary Contributions Community Amenity Contribution Reserve CAC & Bonus Density Contributions

$

46,000 46,000

$

11,000 11,000

$

11,000 11,000

$

12,000 12,000

$

- -

80,000 $

80,000

Contributions from Operating City's Share - Parkland Acquistion DCC Program City's Share - Parkland Development DCC Program

202

207

212

217

217

1,055

8

8

8

8

8

40

Current Year`s Contribution - General Other Appropriations - Green City

18,775

20,525

15,025

9,652 1,500

7,125 1,500 8,850

71,102

1,500

1,500

1,500

7,500

20,485

22,240

16,745

11,377

79,697

Other Reserve Funds Environmental Stewardship

120

120

120

120

120

600

Muncipal Land Reserve Vehicles & Equipment

5,000 2,350 2,350

-

-

-

-

5,000 3,750 9,350

350 350

350 350

350 350

350 350

73,955

33,710

28,215

23,847

9,320

169,047

Non-Discretionary Contributions DCC Reserve Funds Parkland

20,000

20,500

21,000

21,500

21,500

104,500

Parkland Development

750

775

800

825

825

3,975

20,750

21,275

21,800

22,325

22,325

108,475

NCP Reserve Funds Parks

2,900 2,900

- -

2,000 2,000

1,980 1,980

- -

6,880 6,880

Other Statutory Reserve Funds Parkland Acquisition

10,000 10,000

10,250 10,250

10,500 10,500

10,750 10,750

11,000 11,000

52,500 52,500

33,650

31,525

34,300

35,055

33,325

167,855

Other Contributions External Sources Federal/Provincial Contribution

- -

1,000 1,000

1,000 1,000

1,000 1,000

- -

3,000 3,000

Other Sources External Borowing

20,600 20,600

- -

- -

- -

- -

20,600 20,600

23,600

-

20,600

1,000

1,000

1,000

128,205 $

66,235 $

63,515 $

59,902 $

42,645 $

360,502 $

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

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