2020 2020 Adop Adoption tion December 16, 2019 2020 Budget - - PowerPoint PPT Presentation

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Mar 17, 2023 394 likes •535 views

2020 2020 Adop Adoption tion December 16, 2019 2020 Budget Priorities Maintain current service levels Reasonable tax rate Council framework 2% tax rate increase Continued investment in capital assets through; Capital

SLIDE 1

2020 2020 Adop Adoption tion

December 16, 2019

SLIDE 2

2020 Budget Priorities

Maintain current service levels
Reasonable tax rate
Council framework – 2% tax rate increase
Continued investment in capital assets through;
Capital plan
Capital replacement reserve
Enhancing asset management plan

SLIDE 3

2020 Public Engagement

Conducted Pre-budget survey accessible through social media and the website
125 responses were received
Feedback in the 2020 Budget
Asset Management
Dedicated capital levy
Transportation Management Plan
$2.9M contributed to reserves for future capital replacement
$9.3M capital asset replacements and/or enhancements

SLIDE 4

2020 Public Engagement

Recreation
Enhanced programs for youth and seniors
Additional $50,000 to capital replacement reserve
Grant application for multi-use recreation facility
Majority of respondents indicated that they wanted existing services maintained
Budget developed on existing service levels
Service delivery review included

SLIDE 5

2020 Budget Pressures

Aging infrastructure and equipment
Asset Management regulations
Public expectations/reasonable tax rate
Increased insurance costs
Policing costs
Transportation and Cemetery Master Plans
Reduced OMPF grant

SLIDE 6

2020 Operating Highlights & Key In Initiatives

Service Delivery Review
Dedicated capital levy
Climate change program
Age friendly programs (youth/seniors)
Transportation Master Plan
Cemetery Master Plan
OSIM Bridge Report

SLIDE 7

2020 Operating Highlights & Key In Initiatives

Asset Management Plan
Salt Management Plan
Full time Fire Prevention Officer
Fire Vehicles – Tire replacement program
Increased funding for community groups through grants opportunities and

Memorandums of Understanding

Economic Development – Sponsorship Huron Country Playhouse

SLIDE 8

2020 Sources of Operating Funding

Tax Levy 43% Grants 8% User Fees/Misc Revenues 12% Water/Sewer User Fees 31% Solid Waste User Fees 6%

SLIDE 9

2020 Operating Spending

$19.9M Operating Expenses

10% General Government 1% Cemetery 18% Transportation 12% Recreation 20% Protection Planning 38% Environmental

General Government Cemetery Transportation Services Recreation /Cultural Services Protection Services Planning/Development Environmental Services

SLIDE 10

2020 Capital Projects Highlights

$9.3M in in spending

$2.5M in roads reconstruction/resurfacing (4.6 km)
$555,000 Bridge/Culvert replacement
$1.9M replacement of aging fleet and equipment upgrades
$2.9M in water/sewer infrastructure replacements and/or

upgrades

$1.3M in environmental facility upgrades

SLIDE 11

What services your 2020 tax dollars s support

General Government 17% Planning & Development 0.25% Protection Services 34% Transportation Services 32% Recreation Services 16% Cemetery 0.8%

SLIDE 12

Im Impact on Tax Bill

2020 Proposed Budgets

$9.3M Capital Projects (Levy & User)
$19.9M Operating Costs (Levy & User)

County and Education rates are not available

2020 Tax Impact

Increase $ (Decrease)$ Increase $ (Decrease)$ Based on a 8.21% Levy Increase Rural Urban Annual Increase on $100,000 residential Assessment 4.82 $ $ 11.22 Annual Increase on home assessed at $284,200 (SH Average) 8.21% 13.70 $ $ 31.89 Tax Rate Increase 0.8% 1.7%