AN PL AL NANCI I 2019 F PRE SE NT AT I ON F ORMAT Ove - - PDF document

2019 F I NANCI AL PL AN

PRE SE NT AT I ON F ORMAT

• Ove rvie w
• Re ve nue
• E

xpe nditure s

• Utilitie s
• Ra te Pa ye r I

mpa c t

OVE RVI E W

We lc o me to the 2019 F ina nc ia l Pla n He a ring a nd tha nk yo u fo r a tte nding . T his inte nt o f this pre se nta tio n is to pro vide a g e ne ra l o ve rvie w o f the 2019 F ina nc ia l Pla n. T he re will b e o ppo rtunity fo r q ue stio ns fo llo wing the pre se nta tio n

VI SI ON & MI SSI ON

Continue to gr

• w into a diver

se community that suppor ts unlimited possibilities &

• ppor

tunities.

.

∗ Pr

• vide be ne fic ial and e sse ntial se r

vic e s within our c ommunity.

∗ Pr

• mote gr
• wth of a safe c ommunity and suppor

t a quality life style .

∗ E

ngage r e side nts & busine sse s to inve st time and e ffor t in our c ommunity.

∗ Ac hie ve ac c ountability and r

e sults thr

• ugh pr
• ac tive de c ision making

and polic y de ve lopme nt.

PROJE CT S COMPL E T E D I N 2018

• Mic ro Se a le d the c ra c ks in the runwa y a t the Airpo rt
• Purc ha se d a lo a de r
• F

ire Ha ll Co nstruc tio n – 70% c o mple te

• I

nsta lle d Ve ntila tio n @ Pub lic Wo rks Sho p & Wa te r T re a tme nt Pla nt

• Pha se I

L a g o o n Upg ra de s – 80% c o mple te

PL ANNE D DE VE L OPME NT & PURCHASE PRI ORI T I E S F OR 2019

• Co mple te the c o nstruc tio n o f a ne w F

ire Ha ll

• Ce me nt wo rk fo r Co lumb a rium's @ Ce me te ry
• Ro a d Co nstruc tio n (ma inte na nc e )
• Purc ha se o f a n a spha lt re c yc le r to fa c ilita te pa tc hing
• Co nstruc tio n o f a sa nd/ sa lt she d @ Pub lic Wo rks ya rd.

2019 RE VE NUE

Munic ipal Asse ssme nt– Ne e pa wa ’ s to ta l Munic ipa l

Asse ssme nt inc re a se d b y $11,231,820 o r 6.29%. F

• r Ne e pa wa 1 mill will ra ise :

Munic ipal Mill R ate –is multiplie d b y the po rtio ne d a sse ssme nt

a nd pro vide s the ta x b a se re ve nue . T he 2019 Munic ipa l Mill Ra te will b e 22.38 mills, a n inc re a se o f .227 mills fro m 2018 o r (1.02%)

2019 RE VE NUE

• Be autiful Plains Sc hool Division – T

he mill ra te fo r 2019 c ha ng e d fro m 11.272 to 11.49 – a n inc re a se o f .218 mills o r 2%

T he Be autiful Plains S c ho o l Divisio n ho lds the ir o wn public he aring fo r the ir F inanc ial Plans. Any que stio ns re garding this plan sho uld be made dire c tly to the Be autiful Plains S c ho o l Divisio n.

• E

duc ation Suppor t L e vy (E SL ) - Re side ntia l pro pe rty

• wne rs a re no t re q uire d to pa y the E

duc a tio n Suppo rt L e vy. Ho we ve r this le vy do e s a pply to c o mme rc ia l pro pe rtie s, the ra te o f whic h is unc ha ng e d fro m 2018 a t 9.77 mills.

MUNI CI PAL BUDGE T E D RE VE NUE S

$8,414,545.17

2019 RE VE NUE S

GE NE RAL F UND MUNI CI PAL E XPE NDI T URE S

T

• tal E

xpe nditur e $8,414,545.17

2019 E XPE NDI T URE S VS 2018

2019 GRANT S

T his ye a r, Co unc il ha s ta ke n a ne w a ppro a c h to the o ve r $135,000 wo rth o f Gra nts b e ing issue d. I n a dditio n to suppo rting ve ry impo rta nt a nd wo rthy o rg a niza tio ns, Co unc il wa nte d to e nsure e q uity a nd fa irne ss fo r a ll ta xpa ye rs, e ve n if the y did no t no rma lly utilize the o rg a niza tio ns a nd/ o r fa c ilitie s re c e iving the g ra nts. Yo u will no te in so me insta nc e s, Co unc il is ta king the po sitio n o f c re a ting pa rtne rships in the fo rm o f e xc ha ng e o f se rvic e s in o rde r to e xpa nd the use

• f the fa c ility o r pro g ra m o n a b ro a de r b a sis.

T he prima ry g o a l is to inc re a se e xpo sure fo r the o rg a niza tio ns a nd to c re a te a dditio na l o ppo rtunitie s fo r tho se who ma y no t o the rwise a c c e ss c e rta in pro g ra ms o r se rvic e s.

Pr

• viding Value & Ne w Oppor

tunitie s

2019 GRANT S

T he full slate of Gr ants pr

• vide d by the T
• wn:

CAPI T AL

Capital Pur c hase s fo r 2019 = $2,192,643.22

Pla nne d purc ha se s o r pro je c ts:

F ir e De par tme nt Capital F unde d by

F

ire Ha ll Co mple tio n $ 1,200,000 Re se rve / T a xe s

T

urno ut Ge a r (4 suits) $ 8,000 T a xe s

Ra dio s - Co mmunic a tio n

$ 8,000 T a xe s

Offic e Capital

F

urniture $ 1,000 T a xe s

E

xte rio r o f Offic e (Re no va tio n) $ 40,000 T a xe s

Co mpute r Upg ra de s/ Se rve r Re pl.

$ 25,000 Re se rve

CAPI T AL

Ne e pawa Pool F unde d by:

Ce me nt a re a a ro und po o l

$ 75,000 T a xe s So la r Pa ne ls @ po o l $ 25,000 Gra nt

Public Wor ks

Co lumb a rium c o nc re te

$ 30,000 Re se rve

Aug e r, sno w b la de

& pre ssure wa she r $ 17,643 T a xe s

Aspha lt Re c yc le r

$ 120,000 T a xe s

Ro a d c o nstruc tio n

$ 375,000 Re se rve / T a xe s

Pa rks She d & Sa lt sto ra g e

$ 140,000 T a xe s

CN pro pe rty - De ve lo pme nt

$ 100,000 T a xe s

Ba thro o m @ Ca mpg ro und

$ 15,000 T a xe s

Christma s L

ig hts $ 13,000 T a xe s

RE SE RVE S

2019 UT I L I T I E S RE VE NUE S

Ope ra ting re ve nue b udg e t : $3,495,858.71

2019 UT I L I T Y E XPE NDI T URE S

Ope ra ting b udg e t : $3,495,858.71

2019 UT I L I T Y E XPE NDI T URE S

CAPI T AL

Capital Pur c hase s in the utility a mo unt to

$1,680,083 fo r 2019. T he fo llo wing is a summa ry o f pro je c ts:

Utility

Ne w wa te r & Se we r Co nst

$ 243,833

L

a g o o n upg ra de Pha se 1 $ 1,415,250

Re pla c e me nts –

Va lve s, hydra nts, ma nho le s $ 21,000

UT I L I T Y RE SE RVE S

T AX RAT E I MPACT F OR 2019

QUE ST I ONS?