and Budget Public Presentation November 19, 2012 2013 Proposed - - PowerPoint PPT Presentation

Public Presentation November 19, 2012

2013 Proposed Business Plan and Budget

2013 Proposed Business Plan & Budget

Budget Processes Tend To Focus On Numbers

However

What Is Most Important Is The Programs, Services And Strategic Priorities They Represent

2013 Proposed Business Plan & Budget

The budget enables the organizations to deliver programs and services. The question is “What are the priority programs and services?”

2013 Proposed Business Plan & Budget

Programs & Services

• Safe, accessible and livable community

Growth Management

• Live, work, play and learn

Natural Environment

• Protect, restore and enhance

Infrastructure

• Maintain and build

Municipal Government

• Transparent and accountable

Strategic Pillars

2013 Proposed Business Plan & Budget

• Maintain programs and services for residents
• Community Safety

– Queensville Fire Station; Emergency Preparedness; Fire Master Plan

• Financial Initiatives

– DC By-law update; Comprehensive development fee review

• Community Engagement

– New website; social media; e-news; community events

2013 major objectives

2013 Proposed Business Plan & Budget

• Economic Development Strategy implementation

– “Business First”; Partnership opportunities EGU

• Heritage Program

– Derelict buildings; 19040 Leslie St; Radial Line House

• Growth Management

– Consolidated OP adoption; YDSS/UYSS/Hwy 404 liaison; ATTMP implementation - phase 1

2013 major objectives

2013 Proposed Business Plan & Budget

Average Town Tax Rate Increases and Approval Timelines

Timelines Average Tax Rate Increase Average Inflation Rate Average Approval Timelines 2001 - 2005 5.2% 2.4% March-April 2006 -2010 2.5% 1.6% December-January 2011 - 2012 2.7% 2.7% December-January

2013 Proposed Business Plan & Budget

0.0% 1.0% 2.0% 3.0% 2001-2005 2006-2010 2011-2012 % Difference Time Period

Comparison of Annual Town Tax Rate Increases Relative To Inflation

2013 Proposed Business Plan & Budget

Town + Region + School Board

2011 1.9% 2012 1.5% Average 1.7%

Blended tax rate increase (weighted average)

Effective Tax Rate Increase to East Gwillimbury Residents

2013 Proposed Business Plan & Budget

Where the tax dollar goes

2013 budget

Region, $0.45 Town, $0.32 School, $0.23

2013 Proposed Business Plan & Budget

• Current economic climate
• Council approved Strategic Plan
• Focus on base budget to maintain quality programs and

services

• Realign existing resources to strategically position the Town

for the future and to reflect actuals

• Maximize non-tax revenues
• Identify new initiatives separately for consideration with focus
• n low cost/no cost initiatives

2013 considerations & guiding principles

2013 Proposed Business Plan & Budget

• Recessionary pressures in an uncertain global economy
• Rising provincial and federal debt

– Reductions in annual grant funding (OMPF)

• Increasing cost of OMERS pension and statutory benefits
• Inflation & interest rates remain low
• YDSS agreement with Region and stakeholders
• Growth is imminent

External factors

2013 Proposed Business Plan & Budget

• Cost of living and salary adjustments
• Community facilities (Net cost to taxpayers of operating

Community Centres)

• Reduction in revenue (Commercial fill operations)
• Continued medium term pressure on development related

fees and high priority need for comprehensive fee review to address revenue shortfall

Internal factors

2013 Proposed Business Plan & Budget

• Realigned existing resources to meet ongoing priorities
• Benefits review being undertaken by northern 6

municipalities to achieve efficiencies

• Proactively increased non-residential tax revenues
• Maintained Town debt free status
• Focused on maintaining current programs and services (very

limited new initiatives – low cost/no cost)

• Continue to publicize the tax deferral option for seniors

Mitigating factors

2013 Proposed Business Plan & Budget

Total 2013 Budget

2013 budget ($35.7M)

Operating, $17.6

Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget

Taxation, $12.8 Water / Wastewater, $5.4 Gas Tax, $0.8 Development Related $9.8 User Fees, $1.3 Grants, $0.9 Transfer from Reserves, $4.2 Other (sales, fines & penalties, licenses), $0.8

Funding sources

2013 budget ($35.7M)

2013 Proposed Business Plan & Budget

Allocation by program/service

2013 budget ($35.8M)

Roads, $8.4 Waste Management, $0.7 Facilities / Parks / Leisure, $4.0 Development Services, $3.7 Emergency Services, 6.0 Library Services, $1.2 Water & Wastewater, 6.2 Program Support, $5.6

2013 Proposed Business Plan & Budget

Total 2013 Budget

2013 budget ($35.7M)

Operating, $17.6

Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget

2013 Major Budget Pressures

(in $000’s) Salaries & Benefits (annualization of prior year COLA, steps, OMERS,

provision for market compensation review)

$563 Increased contribution to Library Services (salaries & benefits) $80 Net Adjustment to CPI Operating (based on past actuals)

• Downward adjust to Parks revenue
• Realignment of Parks and Operations expenses

$140 Loss of Fill Revenue $180 Reduction in OMPF grant $24 Reduction in Legal Services funding $26

Total Budget Pressures $1,013

2013 Proposed Business Plan & Budget

2013 Major Budget Pressures

(in $000’s)

2013 Major Budget Pressures $1,013

Less: Projected Tax Assessment Growth (4%) ($475) Adjustments to reserves ($270) Operating Efficiencies ($50) Balance to be funded from Taxes $218 Preliminary Tax Rate Increase 1.81%

2013 Proposed Business Plan & Budget

• Continued debt free status
• Town reserves projected to be approximately $10.4M

– Discretionary $6.1M – Development Charges/CCC $4.3M

2013 financial status

2013 Proposed Business Plan & Budget

2013 proposed tax rate increase

Based on average current value assessment of $375,000 1.81% tax increase equates to approximately $45

Note: will vary based on relative CVA and other adjustments

2013 Proposed Business Plan & Budget

Roads, $0.25 Parks, Facilities & Leisure, $0.21 Waste Management, $0.05 Emergency Services, $0.17 Library, $0.09 Development Services, $0.01 Legal & Council Support, $0.08 Corporate & Financial Services, $0.09 Chief Administrative Office, $0.01 Mayor & Council, $0.04

How is each Town tax dollar spent?

2013 budget ($12.8M)

2013 Proposed Business Plan & Budget

Operating, $17.6

Capital, $12.6 Water & Wastewater, $5.5

Total 2013 Budget

2013 budget ($35.7M)

2013 Proposed Business Plan & Budget

In $000’s Queensville Fire Station (multi year) $3,300 Operations Centre Land acquisition & detail design $3,000 Pumper for Queensville Fire Station $430 Post Secondary Attraction (subject to Council direction) $375 Catering Road Reconstruction / Doane Road Bridge $660 Various Road Repairs and Maintenance $369 Various Sidewalks and Streetlights $264

2013 proposed capital projects – highlights

2013 Proposed Business Plan & Budget

Total 2013 Budget

2013 budget ($35.7M)

Operating, $17.6

Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget

Proposed Business plan & budget cycle

Proposed draft business plan & budget Council approved business plan & budget Programs/services implemented In-year status reporting Public presentations/ deliberations September - November November 21, 26, 28 & others as required December 17 January - December March - December

2013 Proposed Business Plan & Budget

Operating and Capital Budget

– Council budget deliberations on:

• November 21 starting at 10:00 am
• November 26 starting at 9:00 am
• November 28 starting at 9:00 am

– Council approval of 2013 Business Plan and Budget (target date December 17)

Water and Wastewater budget to be separately considered

Next Steps

2013 Proposed Business Plan & Budget

• Opportunities for public & stakeholder input

– Budget meetings – Delegations – Written submissions – Web site

• Public notice

– Town page – Web site

Business plan & budget cycle

2013 Proposed Business Plan & Budget

Thank you