City of Surrey 2017 - 2021 Financial Plan
Financial Summary—Revenue
2015
2016
2016
2017
2018
2019
2020
2021
REVENUE SUMMARY
ACTUAL ACTUAL BUDGET BUDGET
PLAN
PLAN
PLAN
PLAN
Revised
Taxation
Base Levy
247,005 $
258,435 $
258,985 $
275,934 $
296,074 $
315,704 $
335,876 $
357,754 $
Assessment Growth (City's Portion)
3,512 7,745
5,182
5,439
6,037
6,218
5,841
6,550
6,797
Property Tax Rate Increase Provision for Adjustments
11,907
11,684
14,153
13,462
14,381
15,378
14,750
(40)
(187)
(50)
(50)
(50)
(50)
(50)
(50)
258,222
275,337
276,058
296,074
315,704
335,876
357,754
379,251
Capital Parcel Tax
15,722 15,572 289,516
15,958 15,664 306,959
16,374 17,210 309,642
16,636 16,092 328,802
17,096 16,731 349,531
17,412 17,384 370,672
17,752 18,060 393,566
18,089 18,693 416,033
Grants in Lieu
Net Taxation
General Government City Manager's Department
4
7
4
4
4
4
4
4
1,376
1,412
1,436
1,461
Finance & Technology
1,350
1,462
1,291
1,341
Human Resources
-
-
- -
- -
- -
- -
- -
- -
Investments & Intergov. Relations
87
53
1,441
1,522
1,295
1,345
1,380
1,416
1,440
1,465
Public Safety Bylaws
8,427
8,625
8,615
8,903
9,170
9,353
9,540
9,731
Public Safety Office
1
502
-
-
-
-
-
-
Fire
1,822 8,274
2,008 7,856
1,663 8,081
1,706 8,121
1,757 8,364
1,809 8,615
1,845 8,857
1,881 9,108
RCMP
18,524
18,991
18,359
18,730
19,291
19,777
20,242
20,720
Other Engineering Services
6,864
7,083
7,310
7,542
6,964
7,896
6,222
6,651
Parks, Recreation & Culture Planning & Development
26,990 20,821
29,959 24,411
31,945 20,070
33,542 20,854
34,337 21,055
36,017 21,261
37,890 21,892
38,573 22,542
Surrey Public Library
1,740
1,623
1,513
1,520
1,520
1,520
1,590
1,590
56,515
63,889
59,750
62,567
63,776
65,881
68,682
70,247
Departmental Revenues
76,480
84,402
79,404
82,642
84,447
87,074
90,364
92,432
Investment Income
13,525
13,712
13,769
16,518
17,340
17,311
17,277
17,338
Secondary Suite Infrastructure Fee
15,753
16,501
17,117
17,784
19,032
20,368
21,797
22,647
Contribution from SCDC
4,500
4,500
4,500
4,500
4,500
4,500
4,500
4,500
Provincial Casino Revenue Sharing
3,073
4,167
3,200
3,800
3,800
3,800
3,800
3,800
Corporate Lease Revenue
4,490 3,676
5,693 3,523
5,930 4,100
6,710 4,400
6,819 4,600
6,918 4,800
7,024 5,000
7,128 5,000
Penalties & Interest Carbon Tax Rebates
405
520
400
400
400
400
400
400
Other
2,756
7,367
1,575
3,025
1,845
1,986
2,121
2,157
11,327
17,103
12,005
14,535
13,664
14,104
14,545
14,685
414,174 $
447,344 $
439,637 $
468,581 $
492,314 $
517,829 $
545,849 $
571,435 $
2017-2021 FINANCIAL PLAN
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