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2016-2020 FINANCIAL PLAN
Financial Summary—Revenue
2014
2015
2015
2016
2017
2018
2019
2020
REVENUE SUMMARY
ACTUAL ACTUAL BUDGET BUDGET
PLAN
PLAN
PLAN
PLAN
Restated
Restated
Taxation
Base Levy
234,989
$
247,005
$
248,299
$
258,985
$
276,058
$
294,028
$
313,231
$
333,752
$
Assessment Growth (City's Portion)
4,964
3,512
5,800
5,439
5,521
5,881
6,265
6,675
Property Tax Rate Increase
6,992
7,745
8,152
11,684
12,499
13,372
14,306
15,305
Provision for Adjustments
(49)
(40)
(50)
(50)
(50)
(50)
(50)
(50)
246,896
258,222
262,201
276,058
294,028
313,231
333,752
355,682
Capital Parcel Tax
-
15,722
16,119
16,374
16,701
17,036
17,376
17,724
Grants in Lieu
15,714
16,768
16,194
17,210
17,881
18,579
19,303
20,056
Net Taxation
262,610
290,712
294,514
309,642
328,610
348,846
370,431
393,462
General Government
City Manager's Department
30
91
10
4
4
4
4
4
Finance & Technology
1,328
1,350
1,247
1,291
1,324
1,358
1,382
1,406
Human Resources
1
-
-
-
-
-
-
-
1,359
1,441
1,257
1,295
1,328
1,362
1,386
1,410
Public Safety
Bylaws
7,530
8,427
8,333
8,615
8,873
9,139
9,322
9,508
Public Safety Office
6
1
-
-
-
-
-
-
Fire
1,691
1,822
1,629
1,663
1,713
1,764
1,799
1,834
RCMP
5,614
8,274
7,893
8,081
8,323
8,573
8,814
9,064
14,841
18,524
17,855
18,359
18,909
19,476
19,935
20,406
Other
Engineering Services
6,672
6,964
6,140
6,222
6,408
6,600
6,814
7,034
Parks, Recreation & Culture
24,243
26,990
28,134
31,945
32,767
33,615
35,082
36,914
Planning & Development
17,954
20,821
19,441
20,070
20,247
20,428
21,043
21,676
Surrey Public Library
1,665
1,740
1,561
1,513
1,513
1,513
1,513
1,513
50,534
56,515
55,276
59,750
60,935
62,156
64,452
67,137
Departmental Revenues
66,734
76,480
74,388
79,404
81,172
82,994
85,773
88,953
Investment Income
14,474
13,525
14,112
13,769
12,648
12,271
11,981
11,822
Secondary Suite Infrastructure Fee
8,083
15,753
16,311
17,117
18,318
19,603
20,979
22,451
Contribution from SCDC
4,500
4,500
4,500
4,500
4,500
4,500
4,500
4,500
Provincial Casino Revenue Sharing
3,055
3,073
3,100
3,200
3,300
3,400
3,500
3,600
Corporate Lease Revenue
3,604
4,490
4,895
5,930
6,014
6,100
6,189
6,279
Penalties & Interest
3,896
3,676
3,800
4,100
4,300
4,500
4,700
4,700
Carbon Tax Rebates
370
405
400
400
400
400
400
400
Other
1,629
2,756
1,500
1,575
1,725
1,876
2,029
2,083
9,499
11,327
10,595
12,005
12,439
12,876
13,318
13,462
368,955
$
415,370
$
417,520
$
439,637
$
460,987
$
484,490
$
510,482
$
538,250
$
82