City of Surrey 2017 - 2021 Financial Plan

Roads &Traffic Safety—Significant Changes

REVENUES 2016 ADOPTED BUDGET

$

22,834

Taxation

…………………………….

$ 3,986

3,986

Sales and Services Developer Sundry Contributions Other (Provincial/Municipalities)

……………………………. …………………………….

3

162

165

Total Change in Revenue

…………………………….

4,151

2017 REVENUE BUDGET

$

26,985

EXPENDITURES 2016 ADOPTED BUDGET

$

22,834

Expenditures Salaries/Wages & Benefits Salary Rate and Range Increase Overhead, Overtime, Sick Reduction

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

171

9

Reclass Positions

20

NewPositions

612

812

Operating Costs Inventory Increase Economic Increase

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

1

141

Engineering Operations Service Level Adjustment

(1,202)

Traffic Signal & Streetlight Maintenance Contract Decrease …………………………….

(949)

Transportation Planning Operating Costs Increase

……………………………. …………………………….

4

BC Hydro Rate Increase

293

(1,712)

Internal Services Used Adjustment to Equipment

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

(5)

Economic Increase

431

Department Cost Allocation Increase

60

Engineering Operations Service Level Adjustment

(505)

(19)

Internal Services Recovered Labour Charge Outs

……………………………. …………………………….

(19)

Capital Recoveries

96

77

Contribution to Capital Decrease in Capital Funding

…………………………….

(6,870)

(6,870)

Transfer To Own Sources Transfer to Reserves Transfer to General Revenue

……………………………. …………………………….

12,870

(953)

11,917

Total Change in Expenditures

4,151

2017 EXPENDITURE BUDGET

$ 26,985

2017 BUDGET

$

-

2017-2021 FINANCIAL PLAN

295