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CITY OF SURREY
Bylaw 18381
Schedule 1
General Operating Financial Plan
and establish years 2015 to 2019
2014
2015
2016
2017
2018
2019
PROPOSED FUNDING SOURCES
restated
Revenues from Property Value Taxes
Property Value Taxes
263,015,000
$
278,395,000
$
292,894,000
$
308,442,000
$
324,830,000
$
342,103,000
$
Revenues from Parcel Taxes
Cultural & Recreational Parcel Tax
-
16,119,000
16,592,000
17,078,000
17,580,000
18,096,000
Revenues from Fees & Charges
Departmental Revenue
61,973,000
66,440,000
67,045,000
69,223,000
71,251,000
75,664,000
Secondary Suite Infrastructure Fee
11,730,000
16,311,000
17,439,000
18,699,000
20,011,000
21,415,000
Penalties & Interest on Taxes
3,500,000
3,800,000
3,900,000
4,000,000
4,100,000
4,200,000
Revenues from Fees and Charges
77,203,000
86,551,000
88,384,000
91,922,000
95,362,000
101,279,000
Revenues from Other Sources
Investment Income
15,453,000
14,112,000
14,148,000
13,871,000
13,542,000
13,238,000
Government Transfers
11,312,000
11,030,000
11,325,000
11,625,000
11,931,000
12,244,000
Corporate Lease Revenue
4,223,000
4,895,000
6,826,000
6,934,000
7,046,000
7,161,000
Other Revenue
6,400,000
6,400,000
6,400,000
6,400,000
6,400,000
6,400,000
Revenuse from Other Sources
37,388,000
36,437,000
38,699,000
38,830,000
38,919,000
39,043,000
TOTAL FUNDING SOURCES
377,606,000
$
417,502,000
$
436,569,000
$
456,272,000
$
476,691,000
$
500,521,000
$
PROPOSED EXPENDITURES
Municipal Expenditures
Police Services
121,395,000
$
132,490,000
$
147,041,000
$
152,809,000
$
158,430,000
$
164,241,000
$
Fire Services
59,328,000
57,558,000
59,176,000
60,836,000
62,541,000
64,289,000
Parks, Recreation & Culture
71,722,000
81,881,000
86,818,000
92,132,000
96,414,000
104,025,000
General Government
34,364,000
36,406,000
38,354,000
40,097,000
42,774,000
44,152,000
Planning & Development
25,592,000
27,589,000
27,960,000
28,561,000
29,634,000
30,758,000
Surrey Public Library
15,579,000
16,267,000
16,567,000
17,008,000
17,742,000
18,508,000
Engineering Services
5,349,000
5,599,000
5,960,000
6,327,000
6,665,000
7,020,000
Operating Contingency
917,000
2,042,000
2,042,000
2,042,000
1,971,000
1,971,000
Total Municipal Expenditures
334,246,000
359,832,000
383,918,000
399,812,000
416,171,000
434,964,000
Fiscal Services & Debt Interest
7,802,000
10,845,000
12,214,000
13,782,000
17,698,000
20,449,000
Municipal Debt
4,910,000
6,029,000
4,911,000
5,609,000
5,137,000
4,812,000
TOTAL EXPENDITURES
346,958,000
$
376,706,000
$
401,043,000
$
419,203,000
$
439,006,000
$
460,225,000
$
PROPOSED TRANSFERS BETWEEN FUNDS
Transfers (from)/to Special Funds
22,247,000
$
32,266,000
$
26,720,000
$
26,841,000
$
26,054,000
$
27,078,000
$
Transfers (from)/to Capital
13,400,000
12,400,000
12,700,000
14,100,000
15,550,000
17,150,000
Transfer (from)/to Unappropriated Surplus (4,999,000)
(3,870,000)
(3,894,000)
(3,872,000)
(3,919,000)
(3,932,000)
TOTAL TRANSFERS BETWEEN FUNDS
30,648,000
$
40,796,000
$
35,526,000
$
37,069,000
$
37,685,000
$
40,296,000
$
BALANCED BUDGET
-
$
-
$
-
$
-
$
-
$
-
$
92