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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
5,182
5,439
6,037
6,218
5,841
6,550
6,797
Property Tax Rate Increase
7,745
11,907
11,684
14,153
13,462
14,381
15,378
14,750
Provision for Adjustments
(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
15,958
16,374
16,636
17,096
17,412
17,752
18,089
Grants in Lieu
15,572
15,664
17,210
16,092
16,731
17,384
18,060
18,693
Net Taxation
289,516
306,959
309,642
328,802
349,531
370,672
393,566
416,033
General Government
City Manager's Department
4
7
4
4
4
4
4
4
Finance & Technology
1,350
1,462
1,291
1,341
1,376
1,412
1,436
1,461
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
2,008
1,663
1,706
1,757
1,809
1,845
1,881
RCMP
8,274
7,856
8,081
8,121
8,364
8,615
8,857
9,108
18,524
18,991
18,359
18,730
19,291
19,777
20,242
20,720
Other
Engineering Services
6,964
7,896
6,222
6,651
6,864
7,083
7,310
7,542
Parks, Recreation & Culture
26,990
29,959
31,945
33,542
34,337
36,017
37,890
38,573
Planning & Development
20,821
24,411
20,070
20,854
21,055
21,261
21,892
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
5,693
5,930
6,710
6,819
6,918
7,024
7,128
Penalties & Interest
3,676
3,523
4,100
4,400
4,600
4,800
5,000
5,000
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
$
93