City of Surrey 2017 - 2021 Financial Plan

Water—Significant Changes

REVENUES 2016 ADOPTED BUDGET

$

70,133

Taxation Local Improvement

…………………………….

$

(9)

(9)

Investment Income

…………………………….

(182)

(182)

Penalties and Interest on Taxes

…………………………….

25

25

Sales & Services Rate Change

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

2,356

Growth

100

Conversions

33

Connection Fees/Special Reads

188

2,677

Total Change in Revenue

2,511

2017 REVENUE BUDGET

$

72,644

EXPENDITURES 2016 ADOPTED BUDGET

$

70,133

Expenditures Inventory Increase Economic Increase

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

$

64

547

Water Operations Service Level Adjustment

(391)

Increase in GVWD Water Costs

631

851

Interest Allocated to Appropriated Surplus

…………………………….

(64)

(64)

Contribution to Capital Non-Growth

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

-

DCC Contributions

70 15

Transfer to Roads Capital

85

Net Transfers Contribution to Operating Fund

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

94

Decrease in Transfers for Infrastructure

1,521

Utility Building

-

Increase Funding from Rates Reserve

24

1,639

Total Change in Expenditures

2,511

2017 EXPENDITURE BUDGET

$

72,644

2017 BUDGET

$

-

2017-2021 FINANCIAL PLAN

338