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CAPITAL PROGRAM
CONTRIBUTION & EXPENDITURE OVERVIEW
2016-2020 FINANCIAL PLAN
The Capital Financial Plan allocates available financial resources to proposed
investments in capital.
Because Surrey is a growing city, its capital requirements are significant. Each year, the
City builds and acquires assets such as roads, parks and equipment. The City also
makes upgrades to existing infrastructure and replaces obsolete or worn-out
components.
Capital projects compete for limited financial resources. To prioritize these resources,
Council uses a Capital Planning Process and a Capital Ranking Model. Council has also
adopted a Five Year Operating Model and Capital Financial Planning Model. The
process and models are described in the Capital Planning Process section that follows.
CAPITAL FUNDING CONTRIBUTIONS
Capital expenditures have many different funding sources. The following graph shows
the mix of funding sources used over the last five years to fund the City of Surrey’s
Capital Program:
$0
$25
$50
$75
$100
$125
$150
$175
$200
$225
$250
2012
2013
2014
2015
2016
Capital Funding Sources
Sundry Sources
Operating Surplus
Reserve Funds
General Revenue
Development Cost
Charges
Millions
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