2018 Budget Overview Operating January 11, 2018 Presentation - - PowerPoint PPT Presentation
2018 Budget Overview Operating January 11, 2018 Presentation Overview Budget Framework and Highlights Budget Best Practices and Ten-Year Financial Plan Public Consultation Feedback 2018 Operating Budget Long Term Debt
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Council’s Strategic Plan
guidelines for annual/long-term budgeting
priorities for budgeting
Budgets
(Operating & Capital)
Benchmark
long-term financial plan
Results Evaluation
(priorities, services, and service levels)
Compliance Asset Management Long Term Financial Plan Customer Service
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The 2018 Budget for the City of Cornwall can be summarized as follows:
This document has been prepared with a tax levy increase of 7.54% or $5,078,150. This includes $1,186,500 of Growth (new assessment from 2017 supplementary
taxation) that has been added to the 2018 tax roll. The net effect of these two components results in a comparative levy increase of 5.68% or $3,891,650.
Operating budgets funded from the tax base for City departments have increased by $2,027,621 or 3.49%. Debt financing charges for capital projects have increased by $504,557 or 14.11% and net contributions to reserves increased by $1,036,922
The overall operating budget (including debt payments and contributions to reserves) funded from the tax base has increased by $3,569,100 or 5.41%. The combined capital budgets for City departments funded from the tax base has
increased from $1,364,200 to $2,873,250 (by $1,509,050 or 110.62%).
The average municipal taxes for a residential home valued at $166,771 is $2,486.45 ($2,310.85 in 2017).
(Source: Ontario Ministry of Environment, 2007, Toward Financially Sustainable Drinking Water and Wastewater Systems)
If revenues are at this point, the City is just meeting current period expenses. It is not adequately planning for the future. If revenues are at this point, the City is just recovering cash costs. It is significantly underfunded. A sustainable level of revenue accounts for the future investment needs in addition to current period expenses. Revenues in excess of current period expenses will be reflected as an accounting surplus in financial statements. This is an accounting view of cost under municipal full accrual accounting practices. These items together fund replacement costs.
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The LTFP forecasts revenues, operating expenditures, contributions to/from Reserves, and capital requirements (based on the 10-year Asset Management Plan) over the period 2018-2027. The LTFP is one tool that Council can use to identify the impact of current and future decisions when setting priorities for the City.
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2017 2018 2019 2020 2021 2022 Avg/Yr Net Operating Budget 58,118,260 59,278,795 60,848,286 61,925,808 63,118,418 64,646,900 70,259,594 change $ 1,160,535 1,569,491 1,077,522 1,192,610 1,528,482 1,997,570 change % 2.00% 2.65% 1.77% 1.93% 2.42% 2.92% Debt Payments 3,575,846 4,222,360 5,117,495 5,745,682 6,652,048 7,190,592 7,000,918 Net to/from Reserves 4,324,468 4,616,161 4,409,191 4,898,848 7,414,613 8,055,521 8,672,930 Total Net Operating 66,018,574 68,117,316 70,374,972 72,570,338 77,185,079 79,893,013 85,933,442 Total Net Capital 1,364,200 2,233,295 2,959,170 4,256,630 3,433,880 3,327,684 3,798,638 Total Levy 67,382,774 70,350,611 73,334,142 76,826,968 80,618,959 83,220,697 89,732,080 Net Levy Change $ 2,967,837 2,983,531 3,492,826 3,791,991 2,601,738 2,113,803 Net Levy Change % 4.40% 4.24% 4.76% 4.94% 3.23% 2.42%
Net Operating Budget of $867,086
Debt Payments ($141,957) Net Reserves $745,229
7 LTFP 2018 2018 Submission Variance Net Operating Budget 59,278,795 60,145,881 867,086 867,086 1.46% Debt Payments 4,222,360 4,080,403 (141,957) Net Reserve Transfers 4,616,161 5,361,390 745,229 Total Net Operating 68,117,316 69,587,674 1,470,358 Growth Operating Levy 68,117,316 69,587,674 Net Operating Levy Change $ 1,470,358 Net Operating Levy Change % 2.16% Total Net Capital 2,233,295 2,873,250 639,955 Total Capital Levy 2,233,295 2,873,250 Net Capital Levy Change $ 639,955 Net Capital Levy Change % 28.66% Total Levy 70,350,611 72,460,924 2,110,313 Net Levy Change $ 2,110,313 Net Levy Change % 3.00%
The 2018 Submission is built on the City’s current operating levels and current infrastructure needs. There is a variance of $2,110,313 between the 2018 Budget Submission and the City’s LTFP.
would choose
to enhance or maintain City services
choose to spend on infrastructure maintenance now
would support a dedicated 1% increase in taxes to fund infrastructure
would
support a tax increase to do this
Top 3 priorities requiring the most attention from Elected Officials and City Administration
Infrastructure
Economic Development
Safe Community
Level of Service
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(excluding Police Services)
'17 Budget '18 Submission PIL & Suppl. Taxation $2,974,775 $3,140,705 Provincial $67,370,546 $67,123,908 Federal $2,828,767 $2,962,947 Municipal $7,228,837 $7,254,948 User Fees $17,222,634 $17,243,940 Internal Tfr $4,686,468 $5,167,198 Subtotal $102,312,027 $102,893,646 % increase 0.57% $ increase $581,619
Major variances (000s): $ 166 PIL & Supplementary Taxation
$ 1,187 2017 Growth $ 44 School Portion Kept ($ 1,078) Supplementary Taxation
($ 112) Provincial / Federal Funding
$ 4,598 EDU Funding $ 251 MOH (GSDL/Paramedic Services) $ 212 Min of Industry (Ec Dev) $ 134 Federal Gas Tax ($ 317) OMPF ($ 1,735) MCSS ($ 3,256) Social Housing
$ 26 Other Municipalities $ 480 Internal Transfers
$ 296 Social and Housing Services $ 121 HR and ITT $ 106 Municipal Works
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(excluding Police Services) '17 Budget '18 Submission S & B $56,660,259 $58,655,941 % increase 3.52% $ increase $1,995,682
Major variances primarily relates to increases/(decreases) in (000’s):
$1,014 Contractual Obligations $ 174 New Increase in FTE (Child Care Contracts)
$ 301 Contractual Obligations $ 27 Minimum Wage Increase $ 62 Retiree Benefits $ 51 New Increase in Child Care 10
(excluding Police Services) '17 Budget '18 Submission PoG $8,462,091 $8,892,015 % increase 5.08% $ increase $429,924
Major variances primarily relates to increases/(decreases) in (000’s):
$110 Gasoline & Fuel $ 47 Parts and Equipment $ 46 Food Provisions (GSDL $40) $ 44 Uniforms/Safety Equipment $ 43 Supplies (stationery, medical) $ 40 Scissor Lift & Lazer Ice Leveller (Rec) $ 38 Extrication, Highrise, Rescue Equipment (Fire) $ 21 Calcium Chloride (Winter Control) $ 19 Utilties 11
(excluding Police Services) '17 Budget '18 Submission S&R $29,289,405 $34,048,967 % increase 16.25% $ increase $4,759,562
Major variances primarily relates to increases/(decreases) in (000’s):
$3.8M Social & Housing Services
$2.49M Child Care Expansion Plan $1.65M Early ON Child and Family Centres ($621K) SIF, IAH
$212K Waste Management
Operation of the Landfill and Recycling Plant
$136K 2018 Municipal Election
Leasing of Tabulators, Advertising, Postage, Election day staff.
$126K EMS
$55K Stretcher refurbishments $37K Ambulance and Defibrillator maintenance $21K Lease Agreements
$123K Parks and Recreation
$119K Contracted Services
$315K Other
$65K Transit Master Plan $90K Zoning Bylaw / Waterfront Plan $40K Fire Prevention and Public Education $40K Line Painting and Hired Equipment $40K Trac Group $33K Tourism Advertising
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(excluding Police Services) '17 Budget '18 Submission Financial 5,683,947 5,808,725 SSS Tfr 23,126,867 20,744,803 SH Tfr 15,726,538 13,041,804 Total 44,537,352 39,595,332 % increase
$ increase (4,942,020)
Major variances primarily relates to increases/(decreases) in (000’s):
$100K Tax Write Offs $ 95K WSIB Expense $ 42K Charitable Rebate Program ($ 36K) Tax Increment Grants
($2.4M) Assistance to Unemployed ($2.7M) Non-Profit and Local Housing
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'17 Budget '18 Submission Principal 2,859,692 3,328,692 Interest 716,154 751,711 Total 3,575,846 4,080,403 % increase 14.11% $ increase 504,557
Major variances primarily relates to increases/(decreases) in (000’s):
$ 195K Transit Fleet Renewal Program $ 115K Library HVAC System $ 92K Marleau Ave / Nick Kaneb Projects $ 58K Ambulances $ 58K MW Fleet / Yard $ 50K Emerald Ash Borer $ 31K MW Equipment ($ 20K) LED Street Lighting Project ($ 94K) EMS Defibrillators
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'17 Budget '18 Submission To Reserves 6,448,110 7,732,668 From Reserves (2,123,642) (2,371,278) Total 4,324,468 5,361,390 % increase 23.98% $ increase 1,036,922
Major variances primarily relates to increases/(decreases) in (000’s):
($247K) From Reserve
$120K Elections Reserve $112K Transit Services
$493K Brownfields Non Refundable TIG $285K Brownfield Repayment – Montreal Rd $155K Capital Levy $150K Life Cycle Costing $134K Federal Gas Tax $ 57K Building Capital Reserve $ 55K Courthouse Mural Repayment $ 65K Repayment for Vans ($ 40K) Elections ($ 75K) Medical Recruitment
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2017 2018 $ % Budget Submission Change Change Revenue 100,833,532 $ 101,307,146 $ 473,614 $ 0.47% Supplementary Taxation 1,478,495 400,000 (1,078,495)
Growth
1,186,500 100.00% Total Revenue 102,312,027 $ 102,893,646 $ 581,619 $ 0.57% Expenditures Salaries & Benefits 56,660,259 $ 58,655,941 $ 1,995,682 $ 3.52% Purchase of Goods 8,462,091 8,892,015 429,924 5.08% Services & Rents 29,289,405 34,048,967 4,759,562 16.25% Financial 44,537,352 39,595,332 (4,942,020)
Police Services 17,693,851 17,992,739 298,888 1.69% Community Partners 3,787,329 3,854,533 67,204 1.77% Total Expenditures 160,430,287 $ 163,039,527 $ 2,609,240 $ 1.63% Net Expenditures 58,118,260 $ 60,145,881 $ 2,027,621 $ 3.49% Debt Charges 3,575,846 $ 4,080,403 $ 504,557 $ 14.11% Net Reserves 4,324,468 5,361,390 1,036,922 23.98% Total Net Expenditures 66,018,574 $ 69,587,674 $ 3,569,100 $ 5.41%
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To Borrow 2018 2018 2018 Department @ Jan 1/18 in 2018 Principal Interest Submission I.T. Services (Telephone System) 1,340,000 89,000 20,850 109,850 Fire Services (Vehicles) 1,691,900 274,372 42,360 316,732 Police Services (Veh. & Sick Benefit) 1,702,800 200,000 463,367 49,974 513,341 Municipal Works (Veh. & Equip.) 2,785,800 796,000 676,658 101,842 778,500 Municipal Works (Yard) 484,300 1,525,000 123,700 32,650 156,350 Library HVAC 750,000 93,750 21,300 115,050 Civic Complex Equip./Splash Pad 296,100 129,291 4,422 133,713 Parks and Landscaping (Emerald Ash) 481,200 500,000 153,829 17,306 171,135 Infrastructure Planning (LED Project, Marleau) 3,452,100 600,000 393,523 77,749 471,272 10,894,200 5,711,000 2,397,490 368,453 2,765,943 Transit Services (Buses) 1,333,400 1,531,000 342,803 64,726 407,529 Paramedic Services (Facility & Veh) 1,099,900 435,000 148,700 38,848 187,548 Benson Centre 8,402,800 439,700 279,684 719,384 Secondary WWTP 10,953,900 425,922 350,528 776,450 Brookdale (North Channel Bridge) 3,464,600 500,000 377,293 101,602 478,895 Fennel Cr. Pumping Station 900,000 38,800 13,200 52,000 Cornwall Blue Print Initiatives 3,064,600 1,000,000 423,727 111,729 535,456 17,483,100 2,400,000 1,265,742 577,059 1,842,801 Total 39,213,400 10,077,000 4,594,435 1,328,770 5,923,205
Tax base 50% MoH, 30% County, 20% City (Tax base)
Debt Repayment is funded by:
Progress Fund interest Waste Water Billings Provincial Gas Tax and Tax base
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This chart shows the ten–year (2018-2027) forecasted balance for the City’s Reserves based on the Long-Term Financial Plan (excludes Progress Fund). This chart shows the ten–year (2018-2027) forecasted balance of Long-Term Debt. A principle of the LTFP is that financing is used only for capital projects that involve significant capital dollars (>$2.5M) and have a life-cycle greater then 20 years.
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Previously established Reserves can be used to help stabilize rate increases from year to
based on the LTFP.
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2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Balance, beginning of year 42,826,774 43,047,605 41,948,466 42,987,443 45,253,186 47,648,641 49,365,804 51,825,700 55,011,614 58,107,831 Transfer from Operating to Reserves 6,861,901 6,936,805 7,145,301 8,116,392 8,727,508 7,807,762 7,987,293 8,114,520 8,276,040 8,457,553 Transfer to Capital Fund from Reserves (4,940,330) (5,508,330) (3,859,870) (5,148,870) (5,660,066) (6,044,066) (5,820,998) (5,606,998) (5,980,748) (6,026,748) Transfer to Operating from Reserves (2,006,071) (2,883,844) (2,818,244) (1,490,844) (1,685,944) (1,494,844) (1,495,844) (1,555,844) (1,645,844) (1,495,844) Transfers to Life Cycle Reserves 150,000 200,000 250,000 300,000 350,000 600,000 750,000 1,000,000 1,000,000 1,000,000 Capital Levy 155,331 156,230 321,791 489,065 663,957 848,311 1,039,445 1,234,236 1,446,769 1,490,939 220,831 (1,099,139) 1,038,978 2,265,743 2,395,455 1,717,163 2,459,896 3,185,914 3,096,217 3,425,900 Balance, end of year 43,047,605 41,948,466 42,987,443 45,253,186 47,648,641 49,365,804 51,825,700 55,011,614 58,107,831 61,533,731
(25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859) (25,354,859)
Balance, end of year (excl. PF) 17,692,746 16,593,607 17,632,584 19,898,327 22,293,782 24,010,945 26,470,841 29,656,755 32,752,972 36,178,872
Included in Reserves is the City’s Progress Fund at $25,354,859
Based on property assessment adjustments from MPAC related to Minutes of Settlement and Requests for Reconsideration, and Section 357/358/359/364 applications, it is estimated that in 2018 the City will refund $6.4M in property taxes. The following 5-year plan (2019-2023) presents an option to address this liability. Projected 2018 tax refunds 6,400,000 2018 Budget (1,500,000) Tax Stabilization Reserve (1,400,000) Shortfall funded from Working Reserves 3,500,000 5-Year Plan The $500,000 annual budgeted contribution to the Tax Stabilization Reserve would be redirected to the Working Reserve (2,500,000) Annual budget for tax refunds (1,000,000) Estimated annual actuals for tax refunds 800,000 (1,000,000) 5-year repayment plan to Working Reserves (3,500,000)
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MPAC completed the last province-wide reassessment in 2016 based on a market valuation date of January 1, 2016 with municipalities using 2016 property assessment values for the 2017, 2018, 2019 and 2020 taxation
Unlike 2017, changes and annual growth to the assessment base has not created a shift in tax burden between property classes for 2018.
Property Classes 2017 Assessment 2018 Assessment $ Change % Change Residential $2,484,491,645 $2,559,216,526 $74,724,881 3.01% Multi-Res $198,114,055 $204,397,709 $6,283,654 3.17% Commercial $845,580,870 $882,369,238 $36,788,368 4.35% Landfill $478,226 $504,203 $25,977 5.43% Industrial $71,991,221 $76,256,056 $4,264,835 5.92% Pipeline $11,093,750 $11,640,500 $546,750 4.93% Farm $5,471,775 $6,679,548 $1,207,773 22.07% Total Assessment $3,617,221,542 $3,741,063,780 $123,842,238 3.42%
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Property Classes 2017 Taxes 2018 Taxes
(based on data file)
$ Change Residential $35,063,354 $38,137,311 $3,073,957 Multi-Res $6,571,566 $7,085,581 $514,015 Commercial $22,935,092 $25,275,472 $2,340,380 Landfill $12,577 $14,002 $1,425 Industrial $2,542,506 $2,846,067 $303,561 Pipeline $238,364 $264,094 $25,730 Farm $19,315 $24,897 $5,582 Total Taxes $67,382,774 $73,647,424 $6,264,650
2017 Average 2018 Average 2017 2018 $ Assessment Assessment Average Taxes Average Taxes Change $163,658 $166,771 $2,310.85 $2,486.45 $175.60 Summary of 14,633 Residential Properties
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The municipal taxes for the average residential home assessed at $166,771 would increase by $175.60 (or 7.6%). An increase of $14.63 per month.
The municipal taxes for the average home assessed at $166,771 would be $2,486 annually.
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TOTAL
Environmental Services $54 (2.2%) Road Repair and Snow Clearing $200 (8.0%) Transit Services $108 (4.3%) Library Services $77 (3.1%) Planning and Economic Development $79 (3.2%) Corporate Services $202 (8.1%) City Partners $62 (2.5%) Paramedic Services $81 (3.3%) Parks and Recreation $272 (10.9%) Fire Services $306 (12.3%) Infrastructure Planning and Municipal Works $177 (7.1%) Social and Family Services $267 (10.7%) Police Service $601 (24.2%)
2017 2018 $ % Department Budget Submission Change Change Council $414,008 $446,908 $32,900 7.95% Chief Administrative Officer $474,054 $490,340 $16,286 3.44% Clerks $740,184 $738,063 ($2,121) (0.29)% Human Resources $1,442,083 $1,595,038 $152,955 10.61% Financial Services $2,716,468 $2,828,970 $112,502 4.14% General Gov't/Corporate Services $5,786,797 $6,099,319 $312,522 5.40% Debt Funding ($986,928) ($1,120,520) ($133,592) 13.54% Princicpal & Interest $3,575,846 $4,080,403 $504,557 14.11% Net Long Term Debt $2,588,918 $2,959,883 $370,965 14.33% Financial/Non-Departmental
$1,179,450 22.39% Municipal Works $1,900,947 $1,981,661 $80,714 4.25% Roads $5,681,787 $5,843,521 $161,734 2.85% Transit $2,776,022 $3,008,662 $232,640 8.38% Infrastructure Planning $701,182 $729,305 $28,123 4.01% Solid Waste $1,776,582 $1,721,504 ($55,078) (3.10)% Infrastructure and Municipal Works $12,836,520 $13,284,653 $448,133 3.49%
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Appendix A
2017 2018 $ % Department Budget Submission Change Change Economic Development $1,064,837 $1,069,660 $4,823 0.45% Planning $470,848 $476,972 $6,124 1.30% Building $472,301 $476,557 $4,256 0.90% Bylaw $400,712 $408,093 $7,381 1.84% Recreation Services $6,936,746 $7,442,791 $506,045 7.30% Planning, Development and Recreation $9,345,444 $9,874,073 $528,629 5.66% Cornwall SDG Paramedic Services $2,339,962 $2,426,059 $86,097 3.68% Social and Housing Services $7,049,033 $6,660,182 ($388,851) (5.52)% Glen-Stor-Dun Lodge $1,044,114 $1,198,004 $153,890 14.74% Shared Services $10,433,109 $10,284,245 ($148,864) (1.43)% Fire Services $8,502,884 $9,108,046 $605,162 7.12% Community Police Services $17,770,575 $18,046,474 $275,899 1.55% Mandatory / Contractual Partners $3,940,329 $3,937,533 ($2,796) (0.07)% Funding for Grant Applications $82,000 $82,000 $0 0.00% City Partners $4,022,329 $4,019,533 ($2,796) (0.07)%
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Appendix A
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2017 Tax Levy Requirement $67,382,774 2018 Revenue Increases ($7,308,585) 2018 Revenue Decreases $6,919,299 2018 Expenditure Increases $10,256,639 2018 Expenditure Decreases ($6,319,681) Other Budget Pressures $21,428 Net Capital Expenditures (Includes Police Capital) $1,509,050 2018 Tax Levy Impact $5,078,150 2018 Municipal Tax Levy $72,460,924
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Appendix B
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Growth - New Assessment ($1,186,500) School Portion Kept and Other PIL ($58,225) Clerks - Contribution from Reserves for Elections ($120,000) Police - Court Cost Upload ($143,404) Fire - Contribution from Fire Equipment Reserve ($35,000) Child Care - Revenue Increase ($4,850,177) GSDL - MOHLTC ($124,235) GSDL - United Counties ($79,610) GSDL - Other Revenue ($64,185) EMS - MOHLTC estimated at 2% increase ($131,734) EMS - County Share ($113,017) MW - Internal Equipment Rental Revenue ($106,048) Transit - Work done for EMS and Police ($19,900) Waste Management - Provincial Funding for Recycling Program ($153,000) Waste Management - Tipping Fees/Recycled Material/Other Revenue ($123,550) Total Revenue Increases ($7,308,585)
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Appendix B
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Supplementary Taxation $1,078,495 Ontario Municipal Partnership Fund (OMPF) $316,200 Clerks - Marriage Licences, Ceremonies and Lottery Licences $22,750 EMS - Recoveries and other Revenues $9,200 EMS - Contribution from Reserves $41,921 Social Housing - Revenue Decrease $3,448,476 Social Services - Revenue Decrease $1,873,857 Economic Developement - Tourism Student and Marketing Grants $20,000 Planning - Committee of Adj and Compliance Cert $20,000 Parks and Rec - Catering Revenue $23,600 Parks and Rec - One time Event Revenue Budgeted in 2017 $64,800 Total Revenue Decreases $6,919,299
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Appendix B
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Salaries and Benefits - Contractual Obligations $2,144,363 Salaries and Benefits - Bill 148 $199,912 Fuel Price Increase ($0.95/L) $110,500 Debt Financing $504,558 Council - Technology Requirements $22,000 Council - Board Honourariums $5,236 Clerks - Election Costs $108,200 Clerks - Legal Fees $10,000 Clerks - Contribution to Reserves Egenda Software $20,000 HR - TRAC Group $40,000 Finance - ITT Requirements for Departments $25,047 Finance - Principal and Interest Virtualization $9,850 Taxes Write Off $100,000 Contribution to Working Reserve - 910 Montreal Rd Tipping Fees $285,129
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Appendix B
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Contribution to Working Reserve - Wall Repair $55,000 Contribution to Brownfields Reserve - Non Refundable Portion $493,471 Contribution to HOTC Reserve - Non Refundable Portion $46,000 Contribution to Reserves - Life Cycle Costing $150,000 Contribution to Reserves - 0.25% of Levy $155,331 Prov Charity Rebate $42,174 GSDL - Food for Residents $40,018 GSDL - Contracted Services and Equipment Maintenance $9,562 Fire - Extrication Equipment $35,000 Fire - Training Curiculum Consultant $40,000 Police - Vehicle Maintenance $10,291 Police - Cellular Phone Refresh $16,000 Child Care - Expenditure Increase $4,524,969 EMS - Uniforms, Safety, and Medical Supplies $33,155
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Appendix B
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EMS - Contracted Services, Stretchers Repairs, Ambulance Maintenance $92,126 EMS - Lease Agreements $21,330 EMS - Mileage, Conferences, Training, Accom/Meals $16,335 EMS - Internal Charge for Van $11,732 MW - ITT Requirements (Tablet, Boardroom, PMExpert Maint.) $11,220 MW - Cont to Building Reserve for Various Buildings $55,371 MW - Justice Building Payback for Relocation $84,830 MW - Repayment for Van Buyout $42,000 MW Roads - Calcium Chloride $21,200 MW Roads - Line Painting $24,000 MW Roads - Hired Equipment $11,400 MW Roads - Water Cards $7,500 Transit - Master Plan Implementation $100,000 Solid Waste - Contracted/Other Services for Waste Collection $210,438 Solid Waste - City Portion of Taxes for Landfill $7,612
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Appendix B
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Economic Development - Choose Cornwall Website (net of Min Revenue) $26,487 Economic Developement - Tourism Advertising / Contracted Services $26,299 Parks and Recreation - New Equipment (Lazer Level, Scissor Lift) $40,000 Parks and Recreation - Utilities at Rec Facilities $9,346 Parks and Recreation - Booking Software Annual Maintenance $38,518 Parks and Recreation - Contracted Services to 3 year Avg $119,807 Parks and Recreation - Adopt-a-Street $14,000 Raisin Region Conservation Authority (3%) $14,417 Eastern Ontario Health Unit (2%) $14,905 Total Expenditure Increases $10,256,639
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Appendix B
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Insurance Premiums ($220,529) Tax Incentive Grants (HoTC, Brownfield) ($34,292) Repayment of Demolition of La Ricks Bar ($48,642) Clerks - IT Hardware Software ($9,905) Social Housing - Expenditure Decrease ($3,295,053) Social Services - Expenditure Decrease ($2,422,896) EMS - Contribution to Reserves based on Amortization ($58,235) MW - Leased Vehicles ($36,437) MW - Snow Removal for Public Property ($10,000) Transit - Bus Pass Photo Camera/System in 2017 ($20,000) Transit - Parts and Accessories ($10,000) Economic Development - Business Park Signs / Landscaping in 2017 ($50,000) Parks and Recreation - Subsidies ($18,589) Medical Recruitment - Contribution to Reserve ($75,000) Library - Operating Transfer ($10,103) Total Expenditure Decreases ($6,319,681)
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Appendix B