2019 Budget Assessment Summary Current Value Assessment in 2019 - - - PowerPoint PPT Presentation

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2019 budget assessment summary
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2019 Budget Assessment Summary Current Value Assessment in 2019 - - - PowerPoint PPT Presentation

Sep 17, 2022 360 likes •663 views

2019 Budget Assessment Summary Current Value Assessment in 2019 - 2,582,931,268 Increase of 4.47% - year over year Class Description Total Percentage Percentage Assessment of Total Change of Taxable Increase RT Residential

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SLIDE 1

2019 Budget

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SLIDE 2

Assessment Summary

  • Current Value Assessment in 2019 - 2,582,931,268

Increase of 4.47% - year over year

Class Description Total Assessment Percentage

  • f Total

Taxable Percentage Change of Increase RT Residential 2,456,900,765 97.71% 4.00% FT Farmland 17,798,890 0.70% 0.07% TT Managed Forest 16,210,554 0.64% 0.08% CT Commercial 18,292,343 0.73% 0.02% IT Industrial 5,593,937 0.22%

  • 0.02%

E Exempt 68,134,779 Not Taxable

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SLIDE 3

Growth Overview

  • Growth 1.6% - 2018 Original Phase-In Assessment

Compared to - 2018 Year End Phase-In

2018 Original Assessment January 1, 2018 - 2,472,349,247 2018 Year End Assessment December 31, 2018 - 2,511,221,760

Assessment Details Net Assessment Growth ($) 2018 Taxable Residential Classes 40,205,371 Taxable Commercial/Industrial Classes

  • 1,332,858

Exempt Total 2018 Net Assessment Growth Increase 38,872,513

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SLIDE 4

2019 Tax Levy Pressures

Impacts From Capital

  • Continued work on Beaver Lake Road – 3 km
  • Reconstruction of Woodland Trail/Court – 1 km
  • Uncertain Provincial Grant amount for 2019 (OMPF)

New Services

  • New Supervisor for Public Works
  • Audit Program Funding – to find future efficiencies
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SLIDE 5

Cost Savings

  • Waste haulage costs down $150,270.27 between

2016 and 2018 due to process changes. 2019 haulage budget greatly reduced

  • Hydro costs under budget in 2018 by $17,000.00 so

budgets lowered for 2019

  • By-Law enforcement costs down $23,622.44

between 2016 and 2018 due to third party contract. 2019 by-law enforcement budget reduced

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SLIDE 6

Decreased O.P.P. Costs

  • Costs down $12,694.00 or 0.74% for a total

estimated billing of $1,704,215.00 or $242.32 per household for 2019 (7033 households in total)

  • Calls for service down due to a drop in the four year

average for calls requiring the attendance of an

  • fficer. Decrease in service calls of 44 for 2019 billing
  • No budgeted revenue for Prisoner Transportation

Grant – Provincial Government review underway for continuing expenditure management

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SLIDE 7

Municipality of Trent Lakes

2019 Municipal Levy $9,630,998.91 2018 Municipal Levy $9,159,550.03 2019 Municipal Levy Increase 5.15%

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SLIDE 8

Total 2019 Municipal Budget

2018 Budget 2019 Budget $13,999,386.71 $13,122,596.43

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SLIDE 9

Municipal Budget Apportionment

13.75 19.24 29.57 5.49 8.94 23.01

General Government Other Protection Services Roads Parks and Recreation Fire Capital

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SLIDE 10

2019 Overall Revenue

$9,630,998.91 $1,377,073 $37,630 $646,161 $140,983 $170,000 $109,620 $80,000 $830,131 $100,000 Taxation Grants Other Revenue User Fees Investment Income Penalty and Interest Tipping Fees Aggregate Rebate Reserves Supps/Omits

Sources

Sources

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SLIDE 11

Tax Versus Non-Tax Revenue

73.38 26.62

Tax Non-Tax

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SLIDE 12

Municipal Expenditures

Capital Budget

Includes:

  • Road reconstruction and resurfacing
  • Rolling stock and equipment replacement
  • Building and land improvements
  • IT replacements

2018 Budget 2019 Budget 2019 Tax Levy $4,419,376.97 $3,019,415.62 $1,179,526.86

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SLIDE 13

Municipal Expenditures

General Government

Includes:

  • Strategic Facilities Plan – Reserves DC
  • Council costs
  • Administrative costs
  • Audit Program Services
  • Community Improvement Plan
  • Medical Centre costs

2018 Budget 2019 Budget 2019 Tax Levy $1,635,309.67 $1,803,937.49 $1,117,899.78

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SLIDE 14

Municipal Expenditures

Other Protection Services

Includes:

  • O.P.P. Levy $1,704,215.00
  • Administration/Legal Fees
  • By-Law Enforcement
  • Building Inspections
  • Land Use Planning
  • Conservation Levy
  • Septic Inspection Program

2018 Budget 2019 Budget 2019 Tax Levy $2,508,261.50 $2,524,860.92 1,924,621.67

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SLIDE 15

Municipal Expenditures

Administration/Building Department

Capital Expenses-$30,430.76 Includes:

  • New phones – Municipal Office
  • Server at Buckhorn Regional Health Centre -

Donated funds from BRHC Reserve

  • IT replacements as scheduled
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SLIDE 16

Municipal Expenditures

Fire & Rescue Services

Includes:

  • Administration Costs
  • Internal Financing Repayment
  • Fire Hall & Equipment Costs
  • Fire Master Plan - DC Reserves/Tax
  • Emergency Planning
  • Training & Occurrences

2018 Budget 2019 Budget 2019 Tax Levy $ 1,108,341.64 $1,172,635.64 $1,134,135.64

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SLIDE 17

Municipal Expenditures

Fire & Rescue Services

Capital Expenses-$240,848.57 Includes:

  • Pick-up – Unit 42
  • ATV – Unit 34
  • Boat Trailers - Units 27 and 37
  • Future asset replacements
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SLIDE 18

Municipal Expenditures

Public Works

Includes:

  • Road maintenance
  • Vehicles & equipment maintenance
  • Administrative costs
  • Environmental services
  • Snow plowing, sanding & salting

2018 Budget 2019 Budget 2019 Tax Levy $ 3,749,463.55 $3,880,885.76 $3,586,653.96

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SLIDE 19

Municipal Expenditures

Public Works

Capital Expenses-$2,441,836.29 Includes:

  • Surface Treat and Gravel Resurfacing
  • Beaver Lake Road and Woodland Trail/Court
  • Fencing and Security Transfer Stations
  • 3/4 ton and Tandem
  • Loader
  • Future replacement funds
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SLIDE 20

Municipal Expenditures

Environmental Services

Includes:

  • All Transfer Site Operation Costs
  • Post-Closure Monitoring/Closure Costs
  • Recycling Programs
  • Administrative Costs
  • Waste Haulage

2018 Budget 2019 Budget $675,613.00 $621,063.60

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SLIDE 21

Municipal Expenditures

Parks, Recreation, Culture & Heritage

Includes:

  • Grants and operating costs for all halls
  • Recreation facilities/parks/beaches
  • Library Levy is $ 168,286.00 in 2019
  • Includes Buckhorn Rink-Portion of costs
  • ffset by rink board advertising revenue

2018 Budget 2019 Budget 2019 Tax Levy $578,633.38 $720,861.00 $688,161.00

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SLIDE 22

Municipal Expenditures

Water Testing

Service required under Regulation 170/03

  • Testing at all Municipally owned Facilities

2018 Budget 2019 Budget $2400.00 $2000.00

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SLIDE 23

Municipal Expenditures

Parks & Recreation

Capital Expenses-$252,300.00 Includes:

  • Cavendish Rink Refurbishment – Trillium Grant

$80,900.00

  • Land and Building Improvement Halls/Parks
  • Water system/generator repair Galway Hall
  • Future capital replacements
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SLIDE 24

Total per 100,000 of Residential Assessment

2018 2019 Increase $383.20 $386.30 $3.10

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SLIDE 25

Tax Rate Comparison

Municipal Tax Rate:

2018 Municipal Rate - 0.003832 2019 Municipal Rate - 0.003863

Increase in rate of 0.81%

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SLIDE 26

Homeowner Impact Trent Lakes Tax Rate Only

$1,413.47 $1,456.75

Average assessed value provided by MPAC in the Residential Class in 2019 is $377,102.53 (up from $368,858.87 in 2018). Above total does not include County and Education amounts.

$43.28 $11.43 due to levy increase $31.85 due to phase-in assessment increase 2018 2019

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SLIDE 27

Tax Levy Services Received by Residents In Trent Lakes

Based on $1,456.75 Paid by Average Property Owner

Excluding County and Educational Services

Governance and Administration Council and legislative administration General administration Financial, audit, and property tax services Human Resources and payroll Strategic Facilities Plan Medical Centres Community Improvement Plan Audit service program

$169.13

annually

Roads, Bridges and Culverts 176.90 km Surface treated roads 104.87 km Gravel roads 7.15 km Asphalt 7691m Culverts 7m Bridge Winter control services 4 Transfer stations Fleet repair, fuel, and maintenance Roadside mowing 3 Depots Costs insurance/legal

$542.79

annually

Protective Services Policing costs Bylaw enforcement Preparation of Official Plans and Planning Policies Professional recommendations on land use Building permits and ensuring compliance with Ontario Building Code Animal control Conservation Levy Septic Inspection Program

$291.06

annually

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SLIDE 28

Tax Levy Services Received by Residents In Trent Lakes

Based on $1,456.75 Paid by Average Property Owner

Excluding County and Educational Services

Fire and Emergency Planning 54 staff-(4 full-time and 50 Volunteers) Fire occurrences, prevention, and training 4 Fire stations Emergency Planning 17 Emergency vehicles CKL Agreement Fire equipment Dispatch and communications Public education events

$171.61

annually

Capital Programs Infrastructure funding for roads and facilities Renewal and replacement

  • f fleet

Renewal and replacement

  • f technology

Streetlight upgrades Building and land improvements Asset management

$178.00

annually

Parks & Recreation & 911 911 system maintenance 4 Beaches 2 Outdoor rinks 4 Community halls 2 Libraries Parks Boat launches Cemeteries Community grants Water testing Facility inspections

$104.16

annually