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Organizational Governance
2016-2020 FINANCIAL PLAN
PLANS & STRATEGIES
TANGIBLE CAPITAL ASSET PROCEDURE
Tangible Capital Assets are non-financial
assets having physical substance that are
acquired, constructed, or developed and
are held for use in the production or
supply of goods and services, have useful
lives extending beyond an accounting
period, are intended to be used on a
continuing basis; and are not intended for
sale in the ordinary course of operations.
The City of Surrey is required to report
tangible capital assets on their financial
statements in accordance with guidelines
set by the Public Sector Accounting Board
(PSAB).
BIODIVERSITY CONSERVATION
STRATEGY
The Biodiversity Conservation Strategy
(BCS), adopted in 2014 as part of
Corporate Report R141, recognizes
Surrey’s biodiversity as a key foundation
of a healthy, livable and sustainable City.
The goal of the Strategy is to preserve,
protect, and enhance Surrey’s biodiversity
in the long-term.
BUILD SURREY PLAN
The Build Surrey program of capital
projects has been developed to position
the City of Surrey for a prosperous future.
The projects outlined will accelerate the
transformation of the downtown core,
create BC’s next metropolitan centre and
ensure the ongoing development of major
areas in Surrey.
EMPLOYMENT LANDS STRATEGY
The City of Surrey has developed the
Employment Lands Strategy to ensure
that there is an adequate and well-located
supply of employment lands, for the short
and long term. The strategy works toward
attracting and retaining business
investment in the community to keep
Surrey competitive.
OFFICIAL COMMUNITY PLAN
The Official Community Plan (OCP) is a
statement of objectives and policies to
guide City planning decisions over the
next 30 years. Taking a comprehensive
and long-term perspective, the Plan
provides guidance for the physical
structure of the City, land use
management, economic and residential
growth, transportation systems,
community development, provision of
City services and amenities, agricultural
land use, environmental protection, and
enhanced social well-being. The OCP is
adopted by City Council as a City by-law.
On an annual basis, the Official
Community Plan is reviewed to ensure
that it contains relevant information and
fully considers the City’s evolving nature.
The last version incorporated a stronger
focus on residential, commercial and
industrial land capacity and development,
while continuing to emphasize the
monitoring and integration of long-term
economic development planning. The
last version also aligned the goals and
objectives of the City’s subordinate
master plans with the goals and
directions of the Official Community Plan.
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