2014 Proposed Budget COMMUNITY CONSULTATION NOVEMBER 18, 2013, 6:00 - - PowerPoint PPT Presentation
2014 Proposed Budget COMMUNITY CONSULTATION NOVEMBER 18, 2013, 6:00 pm 2014 Proposed Budget BUDGET PROCESS Overview of capital plans and reserve projections June 19, 2013 Departmental operating budget presentations August 21, 2013
BUDGET PROCESS
Overview of capital plans and reserve projections – June 19, 2013 Departmental operating budget presentations – August 21, 2013 Utility and Forestry budget, Civic engagement survey – September 25, 2013 Unfunded capital, spending packages – October 23, 2013 Community budget consultation – November 18, 2013 Final budget discussion – December 2, 2013 Adoption of Bylaws – prior to December 31, 2013
PRESENTATION AGENDA
for municipal utilities – Water, Sewer and Waste Management.
the Library requisition.
Approximately 48% of the District’s total revenue comes from property taxes, $31.2 million. Approximately 22% are user fees for utility services – water, sewer and waste management, $13.9 million. Approximately 30% of revenue is from sales and services for recreation, dog licenses, government grants, forestry log sales, etc., $19.5 million .
* Includes: debt servicing, insurance, retirement accrual, etc.. Water Utility 10% Sewer Utility 8% Waste Management 7% Forestry Enterprise 6% Protective Services 20% Recreation 9% Administration 8% Transfer to Reserves 5% Development Services 4% Engineering & Public Works 12% *General Government 9% Library 2%
Consolidated Operating Expenses
SERVICE Library Development Services Transfer to Reserves Forestry Enterprise Waste Management Administration Sewer Utility Recreation General Government Water Utility Engineering & Public Works Protective Services AMOUNT $1,280,000 2,770,000 3,560,000 4,130,000 4,300,000 5,040,000 5,090,000 5,520,000 6,010,000 6,470,000 7,450,000 12,970,000 $64,590,000
Fire and Rescue Services $344,703 50.2% Policing Services $265,000 38.5% West Coast Express Train/Bus $155,244 22.6% Expenditure reductions $(77,742) -11.3% $687,205 100%
The District’s general operating fund net expenses increased by $687,205 between 2013 and 2014.
Human Resources Software $2,100
Operating Budget
Operating spending packages approved for 2014 Civic Engagement $23,700
Operating Budget
How is the District covering the increase in expenses?
___________
Total $687,205
General Capital $2,600,000 39% Sewer Utility Capital $1,800,000 27% Water Utility Capital $2,100,000 32% Waste Management Capital $100,000 2%
Consolidated 2014 Capital Plan $6,600,000
Significant capital projects planned for 2014 * Ongoing road rehabilitation - $1.4 million * Ongoing AC (Asbestos Cement) water main replacement - $1.0 million * Cannell Lake water treatment plant upgrades - $0.2 million * Norrish Creek water treatment plant membrane replacement - $0.3 million * Ongoing sewer condition assessment/replacement - $0.3 million * Highway #7 sewer main replacement Stave Lake St. to Mary St.- $0.3 million * Cleaning and repair of equipment at the JAMES Wastewater Treatment Plant – $0.2 million
Capital initiatives planned for 2014 Mission RCMP cell retrofit Capital Budget 2014 projects on the MissionCi City Downt wntown wn Action n Plan Capital Budget Leisure Center skylights replacement Capital Budget
Funding sources have not been identified yet, pending further information.
The District will be debt free in the Water Utility by 2014 and debt free in the Sewer Utility by 2016.
$- $4,000,000 $8,000,000 $12,000,000 $16,000,000 $20,000,000
2012 Balance 2013 Estimated 2014 Estimated 2015 Estimated 2016 Estimated
$16,200,000 $13,800,000 $8,200,000 $7,400,000 $6,700,000
Year-End Consolidated Debt Outstanding $0
$- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 2014 2015 2016 2017 2018
Projected Reserve Fund Balances
Cemetery Trust Fund DCC Reserves & Restricted Revenues Surplus Reserve Funds
User Rates & Levies 95% Regional Revenue <1% Non-Regional Revenue 5%
Operating Revenue
Transfers to Reserves 55% Non-Regional Expenditures 30% Regional Operating Expenditures 14% Debt Servicing Costs 1%
Operating Expenditures
Operating Budget - $6,100,000
Operating Budget - $4,400,000
User Rates & Levies 86% Regional Revenue 9% Non-Regional Revenue 5%
Operating Revenue
Transfers to Reserves 41% Non-Regional Expenditures 33% Regional Operating Expenditures 22% Debt Servicing Costs 4%
Operating Expenditures
Operating Budget - $4,300,000
Refuse Collection 37% Recycling & Compost 41% Landfill Fees 22%
Operating Revenue
Curbside Recycling 39% Landfill Disposal Site Operation 20% Residential Refuse Collection 17% General Administration 11% Transfer to Reserves 8% Landfill Closure & Post-Closure Costs 5%
Operating Expenditures
A 2% increase in utility rates represents a $22.40 increase over the total 2013 utility rates.
$- $200 $400 $600 $800 $1,000 $1,200 2010 2011 2012 2013 2014 Proposed $983 $1,072 $1088 $1,109 $1,131
Flat Rate Utility Fees
Recycling Garbage Sewer Water
2% rate increase proposed for 2014
Operating Budget - $4,100,000
Log Sales 96% Other Revenue 4%
Forestry Revenue
Direct Logging 67% Other Expenses 26% Transfer to reserves 1% Profit 6%
Forestry Expenditures
Mission ranks 4th lowest amongst 13 of neighbouring communities in 2013.
SOURCE: BC Government website Average Property Taxes Paid from all Sources - 2013 (excluding utilities)
Municipal Services 62% Provincial School Taxes 30% Library Taxes 3% FV Regional District 1% FV Regional Hospital 3% BC Assessment Authority 1%
Typical Tax Notice
(without utility charges)
Projected municipal property taxes for 2014
In 2013 the average home in Mission paid $2,839 in property taxes (without utilities), with $1,754 of that amount for municipal services.
Annual Monthly Protective Services $525 $44 Engineering and Public Works 302 25 General Government 244 20 Parks, Recreation and Culture 223 19 Administration 204 17 Transfer to Reserves 144 12 Development Services 112 9 Municipal Taxes on average home: $1,754 $146
ACCOMPLISHING THE MISSION
Financial Sustainability Undertook Core Services Review and implemented results Implemented Organizational Restructuring and achieved major savings Overall 0% tax increase in 2012, 1.49% tax increase in 2013, and proposing an overall 0% tax increase for 2014 Forestry Operation now on a profitable course Annual budget is now approved by December 31st of each year, prior to the start of the fiscal year Debt retirement program in place Capital and operating reserves are being built up Infrastructure and Facilities Development Goals Asset management position in place to help prioritize infrastructure investments Water main replacement plan now in place Other infrastructure studies nearly complete i.e. roads and sewer system Water demand study completed Second water source deferred based on water conservation and management of regional system Economic Development Additional funds provided for economic development New development bylaw drafted – awaiting developer consultation results Downtown Redevelopment Action Plan completed and being implemented Downtown Incentive Program is being implemented to facilitate redevelopment in the downtown core Development process streamlined and related policies and procedures have been reviewed Municipal Operations and Partnership Goals Financial budget projections, together with performance measures, are presented three times per year Permissive Tax Exemption and Municipal Partnership Fee-for-Service Grant policies revised BC Winter Games co-ordination and support ongoing Civic Engagement (webcast of Council meetings, regular Town Hall Meetings, and civic engagement programs)
Council welcomes your comments, questions, suggestions.
You can send your comments by email to: ta x @ m ission.ca no later than Wednesday, November 20, 2013 For further details on the District’s 2014 Budget please refer to our website at: w w w . m ission.ca / bud get