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

AN PL AL NANCI I 2019 F

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

Continue to gr ow into a diver se community that suppor ts unlimited possibilities & oppor tunities. VI SI ON & MI SSI ON ∗ Pr ovide be ne fic ial and e sse ntial se r vic e s within our c ommunity. ∗ Pr omote gr owth 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 ough pr oac 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 o r Ne e pa wa 1 mill will ra ise : ate –is multiplie d b y the po rtio ne d a sse ssme nt Munic ipal Mill R 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. ) - Re side ntia l pro pe rty • E duc ation Suppor t L e vy (E SL o 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.

D S $8,414,545.17 NUE E T BUDGE VE RE PAL CI MUNI

S NUE VE 2019 RE

GE NE RAL F UND MUNI CI PAL E XPE NDI T URE S T otal E xpe nditur e $8,414,545.17

S VS 2018 URE T NDI XPE 2019 E

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 o 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 oviding Value & Ne w Oppor tunitie s

2019 GRANT S T he full slate of Gr ants pr ovide d by the T own:

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

S RVE SE RE

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

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

CAPI T AL c hase s in the utility a mo unt to Capital Pur $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

S RVE SE Y RE T I L I UT

OR 2019 F MPACT I E AX RAT T

ONS? I ST QUE