City of Surrey 2017 - 2021 Financial Plan

Sewer—Significant Changes

REVENUES 2016 ADOPTED BUDGET

$

48,597

Taxation Transfer from Drainage Parcel Taxes to Sewer Utility

……………………………. …………………………….

$

(473)

(24)

(497)

Local Improvement

Investment Income

…………………………….

(109)

(109)

Penalties and Interest on Taxes

…………………………….

12

12

Sales and Services Rate Change

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

2,250

Growth

(307)

Conversions

34

1,977

Total Change in Revenue

…………………………….

1,383

2017 REVENUE BUDGET

$

49,980

EXPENDITURES 2016 ADOPTED BUDGET

$

48,597

Expenditures Inventory Increase Economic Increase

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

256 364

Sewer Operations Service Level Adjustment

(386)

Increase in GVS&DD Costs

3,209

3,443

Interest Allocated to Appropriated Surplus

…………………………….

(38)

(38)

Contribution to Capital Non-Growth

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

-

DCC Contributions Other Contributions

344

16

360

Net Transfers Increase in Contribution to Operating Fund

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

335

Increase in Transfer to Infrastructure Replacment Reserve

(1,177) (1,540)

Drainage Internal Borrowing

(2,382)

Total Change in Expenditures

1,383

2017 EXPENDITURE BUDGET

$

49,980

$

-

2017 BUDGET

2017-2021 FINANCIAL PLAN

306