2020 Budget Presentation: CAPITAL November 25, 2019 Presented by: - - PowerPoint PPT Presentation

▶
2020 budget presentation capital
SMART_READER_LITE
LIVE PREVIEW

2020 Budget Presentation: CAPITAL November 25, 2019 Presented by: - - PowerPoint PPT Presentation

Jan 11, 2024 158 likes •414 views

2020 Budget Presentation: CAPITAL November 25, 2019 Presented by: Nandini Syed , Treasurer Andrea McKinney , GM Corporate Services Ray Osmond , GM Community Services Doug Jones , GM Infrastructure Services Gui uidi ding P g Princip nciples -

slide-1
SLIDE 1

2020 Budget Presentation: CAPITAL

November 25, 2019 Presented by:

Nandini Syed, Treasurer Andrea McKinney, GM Corporate Services Ray Osmond, GM Community Services Doug Jones, GM Infrastructure Services

slide-2
SLIDE 2

2020 2020 B Budget

Gui uidi ding P g Princip nciples - Capital

Ed Brennan, CAO

The Town’s Strategic Plan, Orangeville Forward, sets the high level Vision and strategy for 2017-2022. There are five priority areas identified in the document that set the approach to move the community forward towards the Vision:

  • 1. Municipal Services
  • 2. Strong Governance
  • 3. Economic Vitality
  • 4. Community Stewardship
  • 5. Sustainable Infrastructure

1

slide-3
SLIDE 3

2020 2020 B Budget

Ag Agend enda - Capital

Nandini Syed, Treasurer Debt Level Reserve Level Orangeville Police Services Infrastructure Services Corporate Services Community Services Consolidated Budget Impact Guiding Principles 2

slide-4
SLIDE 4

2020 2020 B Budget

Cons nsolida dated B d Budg udget Capital l

Nandini Syed, Treasurer

0% 0% 4% 0% 4% 0% 1% 8% 0% 17% 0% 0% 26% 16% 14% 7% 2% 1%

Figure 1.0: 2020 Capital Budget Investment by Division

160 Clerks 220 Human Resources 240 Corporate Allocations 260 Finance 280 Information Technology 300 Planning 320 Economic Development & Culture 340 Parks 360 Recreation & Events 380 Facilities 400 Building 420 By-Law Enforcement 440 Fire 460 Public Works 620 Water 630 Wastewater 780 Library Services 790 Police

Gross Capital budget $15.2 Million $3.9M $2.4M $2.1M $1.1M

  • Pg. 6

$2.5M

3

slide-5
SLIDE 5

2020 2020 B Budget

Cons nsolida date Budg udget Capi pital

Nandini Syed, Treasurer

Gas Tax - Federal 6% Development Charges 8% Reserves/ Reserve Funds 22% Water Rates 10% Wastewater Rates 7% Grant 5% Financing 16% Prior Year Surplus 9% Other 0%

Tax Levy 17%

Figure 1.1: 2020 Capital Budget Financing by Source

Gross Capital budget $15.2 Million

  • Pg. 6

Funding Sources 2020

Gas Tax - Federal

876,717

Development Charges

1,164,216

Reserves/ Reserve Funds

3,418,646

Water Rates

1,457,134

Wastewater Rates

1,053,140

Grant

816,152

Financing

2,418,094

Prior Year Surplus

1,356,000

Other

33,000

Tax Levy

2,631,767

4

slide-6
SLIDE 6

2020 2020 B Budget

Cons nsolida dated B d Budg udget Capital l

Nandini Syed, Treasurer

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

10 Year Projection of Capital Investment vs Net Levy Requirement maintained @ $2.6 Million

Total Investment in Capital Total Levy Impact

  • Pg. 7

$35.5M $17.0M $8.9M

5

$15.7M $15.2M $17.3M $16.5M $7.7M $9.3M $9.0M

slide-7
SLIDE 7

2020 2020 B Budget Orangeville Police C

Capital

Nandini Syed, Treasurer $195,000 5 Projects Projects list pg. 34

2020 Capital Ask

6

Tax Levy 25% Reserves 75%

Funding Sources

slide-8
SLIDE 8

2020 2020 B Budget

Corporate S e Ser ervi vice ces Capital

Andrea McKinney, GM Corporate Services

Governance and compliance Talent Optimization Effective Communications Digital Transformation Digital Government

7

slide-9
SLIDE 9

2020 2020 B Budget

Corporate S e Ser ervi vice ces Capital

Andrea McKinney, GM Corporate Services

Engage Integrate Access Connect

Infrastructure, assets, people Services, information, and data Crowd source, co-create, co-design Services, data and tools

Focus 8

slide-10
SLIDE 10

2020 2020 B Budget

Corporate S e Ser ervi vice ces Capital

Andrea McKinney, GM Corporate Services

On Line

Iterative Improvements

AI

Analytics

Service Experience Operational Improvements New models

9

slide-11
SLIDE 11

2020 2020 B Budget

Corporate S e Ser ervi vice ces Capital

Andrea McKinney, GM Corporate Services Major initiatives Corporate Allocations:

  • Enterprise Risk Management
  • Asset Management Plan
  • Corporate Digitization

Major initiatives Corporate Services:

  • Digital First Initiative
  • Cyber security
  • Engagement and Training
  • Continuous Improvement

Projects list pg. 25 Projects list by division pg. 46,51,56,60,69 10

slide-12
SLIDE 12

2020 2020 B Budget

Corporate S e Ser ervi vice ces Capital

Andrea McKinney, GM Corporate Services $1,264,850 8 Projects

2020 Capital Ask

11

Tax Levy 43% Reserves 21% Unallocated Prior Surplus 36%

Funding Sources

slide-13
SLIDE 13

2020 2020 B Budget

Commun unity S Ser ervi vice ces Capi pital l

Ray Osmond, GM Community Services

Community Pride Community Sustainability Community Safety Community Engagement

Integrating Community Input Promoting Health & Safety Arts, Culture and Community Assets Social, Economic and Environment

Focus 12

slide-14
SLIDE 14

2020 2020 B Budget

Commun unity S Ser ervi vice ces Capi pital l

Ray Osmond, GM Community Services

Major initiatives Economic Development:

  • Tourism Strategy
  • Digital Signage

Major initiatives Facilities and Parks:

  • Trail Development Veteran’s Way to Blind Line
  • Kay Cee Park
  • Alder Street Recreation Centre
  • Tony Rose Memorial Sports Centre

Projects list pg. 97 Projects list pg. 106-108, 173-174 13

slide-15
SLIDE 15

2020 2020 B Budget

Commun unity S Ser ervi vice ces Capi pital l

Ray Osmond, GM Community Services

Major initiatives Fire:

  • New Fire Hall
  • Lifecycle replacement of vehicles/equip.

Major initiatives Library:

  • Library Collections
  • Lifecycle replacement
  • Building Reserves for Facilities

Major initiatives Recreation & Events:

  • Projector (Saputo Centre), Guard Chairs, Walking Track Murals

Projects list pg. 79 Projects list pg. 90 Projects list pg. 208 14

slide-16
SLIDE 16

2020 2020 B Budget

Commun unity S Ser ervi vice ces Capi pital l

Ray Osmond, GM Community Services

2020 Capital Ask

$8,119,700 51 Projects 15

Tax Levy 25% Reserves 32% Development Charges 7% Debt 30% Unallocated Prior Year Surplus 6%

Funding Sources

slide-17
SLIDE 17

2020 2020 B Budget

Infrastru ruct cture Ser ervi vices es C Capi pital

Doug Jones, GM Infrastructure Services

Capacity Building Health & Safety Asset Renewal Modernization

Service Delivery Model Lifecycle Replacement Support Projected Growth Legislative Compliance

Focus 16

slide-18
SLIDE 18

2020 2020 B Budget

Infrastru ruct cture Ser ervi vices es C Capi pital

Doug Jones, GM Infrastructure Services

Major initiatives Transportation & Development:

  • Broadway Boulevard Brick Replacement
  • First Street Rehabilitation, Hansen to Limits
  • Centennial Road- Design

Major initiatives Public Works:

  • Rugged Terrain Vehicle Replacement
  • Trackless Snow Equipment

Major initiatives Planning:

  • Official Plan Review

Tax Funded Divisions

Projects list pg. 229-232 Projects list pg. 218 Projects list pg. 229-232 17

slide-19
SLIDE 19

2020 2020 B Budget

Infrastru ruct cture Ser ervi vices es C Capi pital

Doug Jones, GM Infrastructure Services

Major initiatives Environment (Water and Wastewater):

  • Water Supply- Completion of EA and Design
  • Water Meter and Billing Upgrades
  • West Sector Reservoir Rehabilitation
  • SCADA Systems

Self Funded Divisions

Projects list pg. 275-276, 291-292 18

slide-20
SLIDE 20

2020 2020 B Budget

Infrastru ruct cture Ser ervi vices es C Capi pital

Doug Jones, GM Infrastructure Services

2020 Capital Ask Tax Funded

$2,466,316 20 Projects 19

Reserves 10% Development Charges 1% Unallocated Prior Year Surplus 18% Gas tax 36% Other 1% Water Rates 1% Waste Water Rates 1% Grant 32%

Funding Sources

slide-21
SLIDE 21

2020 2020 B Budget

Infrastru ruct cture Ser ervi vices es C Capi pital

Doug Jones, GM Infrastructure Services

2020 Capital Ask Self Funded

$3,179,000 20 Projects 20

Reserves 5% Development Charges 18% Water Rates 45% Waste Water Rates 32%

Funding Sources

slide-22
SLIDE 22

2020 2020 B Budget

Debt Lev evel el

Nandini Syed, Treasurer Projects list pg. 307-309

Optimal Debt Level

Debt To Reserve Ratio

ARL

Credit Rating

ARL

2020 Level Ministry Level: $10.7 Million Town Level: $3.3 Million

Debt To Reserve Ratio

Maintaining 2: 1

Credit Rating

Favorable 21

slide-23
SLIDE 23

2020 2020 B Budget

Reser erve L e Lev evel el

Nandini Syed, Treasurer

  • pg. 310-313

Optimal Reserves Level

Debt To Reserve Ratio

AM Plan

Credit Rating

$17.8 Million $16.4 Million $13.1 Million Obligatory Discretionary Water & Waste Water 2020 Level 22

slide-24
SLIDE 24

2020 2020 B Budget

Tha hank nk Y You, u,

Nandini Syed Treasurer Andrea McKinney General Manager Corporate Services Ray Osmond General Manager Community Services Doug Jones General Manager Infrastructure Services