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CAPITAL PROGRAM
CAPITAL PLANNING PROCESS
2016-2020 FINANCIAL PLAN
Surrey has grown significantly over the last 30 years, evolving from a primarily
agricultural community to a largely urban residential and business region. This change
has increased the City’s portfolio of public responsibilities. Historically, Council made
capital planning decisions based on the recommendations of Finance staff, which were
in turn based on evaluation of the relative merit of projects described in departmental
planning documents. Finance tried to distribute capital resources fairly among
departments and geographic regions.
This approach was effective when the City was relatively small. As the City has grown, it
has put into place a more formal capital planning process.
The formal process, depicted below, involves using a model to rank projects and to
develop a Long-Term Capital Plan (LTCP).
Sewer, Water,
DCC's
Sustaining
Capital
Statutory
Reserve
COMPILE & CLASSIFY PROJECTS
Large Scale Capital
SEEK GUIDANCE
Projects Not
Ranked
IT Assets,
Fleet
CITIZENS
Council
Direction
Departmental Plans
Capital
Planning
Model
Project
Ranking
Preliminary Long‐
Term Capital Plan
Council
Debate &
Direction
Adopted LTCP
Council Decision
Council
Priorities
Capital Long‐Term
Committee
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