City of Surrey 2017 - 2021 Financial Plan

Water—Financial Summary (in thousands)

2015

2016

2016

2017

2018

2019

2020

2021

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET

PLAN

PLAN

PLAN

PLAN

Revised

Taxation

$

166

$

113

$

92

$

83

$

85

$

5

$

27

$

64

Investment Income Penalties and Interest

801 628

545 650

727 679

545 704

545 739

530 780

503 821

488 861

1,429

1,195

1,406

1,249

1,284

1,310

1,324

1,349

Departmental Revenues

67,791

71,457

68,635

71,312

74,906

78,990

83,061

87,201

$

69,386

$

72,765

$

70,133

$

72,644

$

76,275

$

80,305

$

84,412

$

88,614

EXPENDITURE SUMMARY

Departmental Expenditures

$

55,702

$

56,892

$

60,453

$

61,304

$

63,583

$

65,912

$

68,340

$

70,853

$

55,702

$

56,892

$

60,453

$

61,304

$

63,583

$

65,912

$

68,340

$

70,853

Interest Alloc'd to Approp. Surp Contrib'n to General Operating

$

243

$

192

$

214

$

150

$

127

$

113

$

86

$

69

6,032

5,726

4,948 8,635

6,889

4,624 8,815

5,018 8,900

5,254 8,956

5,439

Contrib'n to Capital

10,548 (1,756)

12,132 (3,291)

12,150 (1,890)

12,168

Net Tsf To/(Frm) Surp/Resrv

(142)

(3,973)

(2,728)

(1,645)

(508)

$

13,684

$

15,873

$

9,680

$

11,340

$

12,692

$

14,393

$

16,072

$

17,761

Surplus/(Deficit)

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

Transfers (To)/From Surplus

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Water Fund Expenditures

Water Operations 24.8%

GVWD Purchases 62.6%

Capital 12.7%

2017-2021 FINANCIAL PLAN

336