Corporate Plan 2020-2022 TOWN OF STONY PLAIN The Corporate Plan - - PDF document

2019-11-05 1

Corporate Plan 2020-2022

TOWN OF STONY PLAIN

The Corporate Plan reflects operating and capital initiatives that support achieving the Town of Stony Plain’s Strategic Plan. It also outlines the financial requirements to deliver municipal services to the residents and businesses of the community. The Recommended 2020-2022 Corporate Plan is presented to Council for consideration, with final approval requested on November 25, 2019. The approval is provided for 2020, with forecasted information and assumptions for 2021 and 2022, and a long-term capital plan outlining support for future and replacement infrastructure.

TOWN OF STONY PLAIN

2019-11-05 2

MUNICIPAL DEVELOPMENT PLAN Provides the long-term vision for Stony Plain, describing the community we want to be Provides the short-term allocation

• f resources and operational

service delivery to measure progress towards priorities Provides the medium-term priorities to ensure we are moving towards our community vision TOWN OF STONY PLAIN STRATEGIC PLAN CORPORATE PLAN

Achieving Uniquely Stony Plain Strategic Priorities

2019-2022 Strategic Plan is our areas of focus to achieve

• ur desired future.This work based on what we heard from

the community and the ongoing expectations of our residents.

ECONOMIC OPPORTUNITY SUPPORTIVE INFRASTRUCTURE

ENVIRONMENTAL RESPONSIBILITY

COMMUNITY DEVELOPMENT GOVERNANCE & PARTNERS TOWN OF STONY PLAIN

2019-11-05 3

TOWN OF STONY PLAIN

Corporate Plan Process

Jan - Mar Apr - Jun Jul - Sep Oct - Nov Nov - Dec

Council Strategic Plan Priority Review Department Business Planning Prioritize & Financial Analysis Finalize Recommended Corporate Plan Corporate Plan Presentation & Approval TOWN OF STONY PLAIN

Changing Reality

• Provincial Budget
• Slow Growth
• Streamline Services
• Fiscal Sustainability

TOWN OF STONY PLAIN

2019-11-05 4

Key Considerations

฀ ฀ ฀

High Priority Council Strategy Prioritized with funding and administrative time dedication Citizen Centered Service Reviews Adapt services levels to align with available and projected funding Staff Development Enable staff excellence and initiatives directly related to the ability of our team

฀

Growth Focus Front ending infrastructure and removing red tape constraints to stimulate growth

TOWN OF STONY PLAIN

Corporate Plan Initiatives

• Cultural Master Plan

2020

• Transportation Master

Plan

2020

• Recreation Centre

Construction – Phase I

2021-2023

• Signage Strategy

2020-2022

• T
• wn Square Design & Land

Assembly

2022

• Cemetery

2021 TOWN OF STONY PLAIN

• Tri-MunicipalTransit

2020-2022

• Recreation Centre

Design – Phase I

2020

• Off-site Levy Bylaw

2021

• T
• urism Master Plan

2022 2020 2021 2022 These initiatives are identified within the Strategic Plan as a priority.They also have a direct impact on developing, enhancing or delivering services to the community.The primary impact of these projects will be on the community as a whole.They are designed to maintain or improve the quality of life and competitiveness of Stony Plain.

2019-11-05 5

TOWN OF STONY PLAIN

Initiative Adjustments

• South Park Drive Extension
• Cultural Centre Design

TOWN OF STONY PLAIN

• Storm Water Master Plan Implementation
• Downtown Community Centre

These initiatives have been reviewed by Administration, are not recommended to be included in the 2020-2022 Corporate Plan and have been moved to the LongT erm Capital Plan

• Public Works Facility Design & Construction
• 2021 Infrastructure Rehabilitation Project

TOWN OF STONY PLAIN

New Staff

• Operations Supervisor

(1)

• Payroll Clerk (0.1)
• RCMP Municipal Clerks

(1.5)

• Heritage Park Operator

(1)

TOWN OF STONY PLAIN

• RCMP Municipal Clerk

(1)

2020 2021 2022

Administration recommendations regarding additional full time positions are directly related to the limited new development the Town has experienced and is anticipating to continue to experience over the next couple of years. Those that are recommended emphasize the need to support key infrastructure improvements, the consideration of new facilities and the efforts to maintain service levels.

2019-11-05 6

TOWN OF STONY PLAIN

Staff Adjustments

TOWN OF STONY PLAIN 2020 2021 2022

These previously proposed staff positions have been reviewed by Administration and are not recommended to be included in the 2020- 2022 Corporate Plan

• 1 Position

Removed due to services enhancements no longer anticipated

• 2 Positions

Moved beyond the Corporate Plan period due to service level adjustments and fiscal constraints

• Cemetery Operator

Adjusted to contracted service

• 2 Positions

Moved beyond the Corporate Plan period due to service level adjustments and fiscal constraints

• 1 Position

Moved beyond the Corporate Plan period due to service level adjustments and fiscal constraints

Department Business Plans

Reflect the activities and operational service summaries

• f theT
• wn’s four departments –
• Office of the Chief Administrative Officer
• Corporate Services
• Community & Protective Services
• Planning & Infrastructure

TOWN OF STONY PLAIN

2019-11-05 7

OFFICE OF THE CHIEF ADMINISTRATIVE OFFICE T

• wn Manager & Executive Support to Mayor & Council

8 full time equivalent (2019-2022) Strategic Services & Government Relations

TOWN OF STONY PLAIN

Economic Development Culture & T

• urism Development

Corporate Communications

($2.2 million) ($1.8 million) ($1.7 million) ($1.8 million) 2019 2020 2021 2022

OFFICE OF THE CHIEF ADMINISTRATIVE OFFICE TOWN OF STONY PLAIN

2020

Services Changes

• Status quo agreements with culture & tourism partners
• Shift to lower cost online marketing
• Reductions in travel, accommodations, meals, promotional items, and

consulting services Key Projects & Services

• Council Strategic Plan Update
• Staff development
• Service Level Analysis including systems and processes
• Advocacy Strategy
• Signage Strategy
• Cultural Master Plan
• T
• urism destination marketing
• Public Art & Mural program & maintenance
• Economic Development Strategic Plan
• Edmonton Global - regional economic development

2021

Services Changes

• Status quo

Key Projects & Services

• Status quo
• Signage Strategy

2022

Services Changes

• Status quo

Key Projects & Services

• Status quo
• Signage Strategy
• T
• urism Master Plan

2019-11-05 8

CORPORATE SERVICES Financial Services 23.9 full time equivalent (2019) 24 full time equivalent (2020-2022) – 0.1 addition to payroll in 2020 Legislative Services TOWN OF STONY PLAIN Human Resources T echnology Services Procurement & Assurance

$25.9 million $27 million $27.8 million $28.7 million 2019 2020 2021 2022

CORPORATE SERVICES TOWN OF STONY PLAIN

2020

Services Changes

• Removal of Electronic tax certificate searches
• Removal of Commissioner of oaths service to public

Key Projects & Services

• Fiscal sustainability framework
• Asset Management Program (2020-2024)
• 10Year Capital Plan
• T

echnology upgrades

• Service Level Analysis including systems and processes
• Leadership development program coordination and support
• Performance management and onboarding of staff
• Union negotiations
• System integration review
• Cemetery systems and processes set-up with Planning & Infrastructure

2021

Services Changes

• Status quo

Key Projects & Services

• Status quo

2022

Services Changes

• Status quo

Key Projects & Services

• Status quo

2019-11-05 9

COMMUNITY & PROTECTIVE SERVICES Programs & Events 56.5 full time equivalent (2019-2020) 58 full time equivalent (2021) – 1.5 additional RCMP Clerks 60 full time equivalent (2022) – 1 additional RCMP Clerk & 1 additional Heritage Park Operator Facilities TOWN OF STONY PLAIN Fire Services Municipal Enforcement RCMP

($9.9 million) ($9.8 million) ($9.8 million) ($10 million) 2019 2020 2021 2022

Golf Course COMMUNITY & PROTECTIVE SERVICES

TOWN OF STONY PLAIN

2020

Services Changes

• Canada Day budget reduction
• Community Grants Maintained at 2019 Funding

Key Projects & Services

• First Responders Radio Communication System
• Community Recreation Centre Design
• Golf Course Food and Beverage Implementation
• Golf Course Service Review
• New Library Project Completion
• Asset Management Program (2020-2024)
• 10Year Capital Plan
• Shikaoi 35thYear Anniversary
• Service Level Analysis and 10Year Operations Plan
• AutomatedTraffic Safety Review
• Emergency Management Organizational Training

2021

Services Changes

• Status quo
• ME Staff Addition

Key Projects & Services

• Community Recreation Centre Construction (2021-2023)
• Asset Management Program (2020-2024)
• 10Year Capital Plan
• Emergency Management Organizational Training

2022

Services Changes

• Status quo
• ME Staff Addition
• Heritage Park Staff Increase

Key Projects & Services

• Community Recreation Centre Construction (2021-2023)
• Asset Management Program (2020-2024)

2019-11-05 10

PLANNING & INFRASTRUCTURE Planning & Development 38.4 full time equivalent (2019) 39.4 full time equivalent (2020-2022) – 1 additional Operations Supervisor Engineering TOWN OF STONY PLAIN Operations

($7.9 million) ($7.7 million) ($7.6 million) ($7.6 million) 2019 2020 2021 2022

PLANNING & INFRASTRUCTURE TOWN OF STONY PLAIN

2020

Services Changes

• Large ItemWaste Disposal
• Transit Operations

Key Projects & Services

• Drainage Mitigation Project and Grant Applications
• ShortT

erm Road Rehabilitation and Repair Planning

• Asset Management Program (2020-2024)
• Central Trunk Sanitary Sewer Design
• Completion of Phase 4 of the Downtown Rehabilitation
• Cemetery Construction and Operations Planning
• Service Level Analysis and 10Year Operations Plan
• Implement Red Tape Reduction/Process Improvements
• Vehicles and Equipment Service Level and Funding Analysis
• Completing all Corporate Initiatives
• Public Works Building Needs Assessment and Options
• Rotary Park Drainage Improvements

2021

Services Changes

• Status quo
• Cemetery Operations
• Transit Operations

Key Projects & Services

• LongerT

erm Road Rehabilitation and Repair Plan

• 10Year Capital Plan
• Off-site Levy Bylaw
• Water Meter Service Level Change
• Central Trunk Sanitary Sewer Construction
• Water & Sanitary Master Plan Implementation

2022

Services Changes

• Status quo

Key Projects & Services

• T
• wn Square Design & Land Assembly

2019-11-05 11

Fiscal Plan

TOWN OF STONY PLAIN TOWN OF STONY PLAIN

2020 Tax Impact

The tax increase proposed for the 2020 Corporate Plan is 5.24%:

• RCMP building debenture repayment of $542,000
• $78,000 for operations of the new RCMP building
• $78,000 to repay the Legacy Reserve for internal

borrowing for the purchase of land

• $209,000 for the purchase of Stony Central

School land

• $251,000 to establish Tri-Municipal Transit
• Overall decreases to operations and increases in

revenue projections with a net impact of a 1.58% reduction to the tax increase

RCMP Building Debenture 3.19% RCMP Building Operation 0.46% Legacy Reserve 0.46% School 1.23% Transit 1.48%

What is included in 5.24%

2019-11-05 12

TOWN OF STONY PLAIN

2021Tax Impact

The tax increase proposed for 2021 is 3.57%

• 1.06% to bring in the remainder of the debt repayment for the RCMP building
• 0.59% for the proposed initiatives including a Contract for Cemetery operations
• 0.72% or $122,000 for full year of Transit Operations (this amount is net of a FCM operating grant)
• 2.09% for one debt repayment for the Recreation Centre
• 0.89% net decrease in operations

2022Tax Impact

The tax increase proposed for 2022 is 4.01%

• 0.50% to support a new Operator position at Heritage Park
• 2.09% to bring in the second debt repayment for the Recreation Centre
• 1.57% for remaining Transit Operations (as no grant for operating)
• 0.15% net decrease in operations

TOWN OF STONY PLAIN

Reserves

The capital initiatives proposed use a combination of capital and operating reserves,deferred offsite levies, debentures and grants for funding. In 2020 transfers to reserves are $3.8M and transfers from reserves are $2.9M for a net transfer to reserves of $0.9M.

$2.3M $3.4M $4.9M $4.4M $1.5M $1.3M $1.5M $1.4M $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 2019 2020 2021 2022

Projected Reserve Balances

Operating Capital

2019-11-05 13

TOWN OF STONY PLAIN

Debt

Borrowed but not funded RCMP building – 3.19% tax impact in 2020; 1.06% in 2021

New Debt 2020 % Tax Increase 2021 % Tax Increase 2022 % Tax Increase Recreation Centre $11,000,000

• $

0.00% 355,927 $ 2.09% 711,854 2.09% Central Trunk Sewer Line $2,893,000

• $

0.00% 163,417 $ 0.00% 326,834 0.00% Impact 13,893,000 $

• $

0.00% 519,344 $ 2.09% 1,038,688 $ 2.09%

TOWN OF STONY PLAIN

Debt Limit

December 31st Projected Projected Projected Projected DEBT LIMIT 2018 2019 2020 2021 2022 Municipal Debt Limits 58,714,599 $ 60,268,752 $ 61,474,127 $ 62,703,610 $ 63,957,682 $ Outstanding Debt 24,134,577 $ 22,755,003 $ 21,321,649 $ 33,385,842 $ 31,368,987 $ Total Debt Limits available 34,580,022 $ 37,513,749 $ 40,152,478 $ 29,317,768 $ 32,588,695 $ Municipal Debt Service Limit 9,785,767 $ 10,044,792 $ 10,457,598 $ 10,531,405 $ 10,742,033 $ Current Debt Service Level 1,986,443 $ 2,159,322 $ 2,159,322 $ 2,678,666 $ 2,975,169 $ Service on Debt Limit Available 7,799,324 $ 7,885,470 $ 8,298,276 $ 7,852,739 $ 7,766,864 $

2020 borrowing capacity is 65% of limit however could decrease to 49% depending on storm infrastructure borrowing requirements.

2019-11-05 14

TOWN OF STONY PLAIN

Revenues

$40.4M projected revenues for 2020

75% 40% 90% 60% TOWN OF STONY PLAIN TOWN OF STONY PLAIN

Property Taxes

The proposed property tax increase helps fund the increasing cost of ongoing service delivery, maintenance, as well as new initiatives that are not utility or developer related and debenture repayments. Property taxes are calculated in two steps.

• 1. The T
• wn Assessor prepares an assessment of each

property and calculates the T

• wn’s total assessment.
• 2. The T
• wn sets tax rates for classes of properties,

such as residential and non-residential property, based on the total assessment and revenue requirements. In 2020, a 1% tax increase is equivalent to approximately $170,000

2019-11-05 15

TOWN OF STONY PLAIN

New Development

Construction permit values are used for estimating growth in assessment for the Corporate Plan. The actual permit value of $12.2 million as

• f August 31, 2019 for new construction has

been used as a conservative estimate of growth

• f $80,000 in property tax revenue.

TheT

• wn has observed a decrease in the

number of permits to date over the prior years.

TOWN OF STONY PLAIN

Assessment andTax Levy

• The assessment projection has increased slightly from growth
• If the market value of the assessment decreases,a higher tax increase is required to raise the revenues theT
• wn requires
• Projected MunicipalTax Levy for 2020 is $18.2 million
• The impact to each household ($100,000 assessment value) is approximately $32.11 annually ($2.68 monthly)

2 4 6 8 10 12 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Tax Rates

Municipal Tax Rates

Residential Non-Residential

2019-11-05 16

TOWN OF STONY PLAIN

Utilities – Water & Wastewater

• Utilities are self sustaining
• January 2019 – Rate structure moved to a fully variable rate
• The cost of water to theT
• wn is increasing $0.04 per cubic metre in each of the next three years
• The cost of wastewater to theT
• wn is increasing $0.05 per cubic metre in each of the next three years
• Proposed services changes in the Corporate Plan
• Staff - Operations Supervisor (2020)
• Water Meter Service Level Change (2021-2026)
• CentralTrunk Sanitary Sewer Line Replacement (2020-2021)
• Proposed rate increases for 2020
• Water - $0.14 (4.38%) per cubic metre
• Wastewater - $0.10 (3.77%) per cubic metre

TOWN OF STONY PLAIN

Utilities – Waste

• The solid waste fee provides the funding for organics,recycling,garbage collection and the Recycling Centre
• Proposed monthly rate increases for 2020:
• Residential $28.15 ($0.33 increase)
• Seniors Complex $10.35 ($0.05 increase)
• Apartment $16.75 ($0.10 increase)

2019-11-05 17

TOWN OF STONY PLAIN

Utilities – Storm

• In October 2019 Council approved the

implementation of a Storm Rate Model for 2020

• This rate will fund current operations related to

storm operations and maintenance as well as infrastructure requirements

Proposed monthly rate for 2020:

• Residential Single Family $11.00
• Farm/Resident $11.00
• Residential T
• wnhouse $11.00
• Multi-residential/Apartment $100.00
• Mobile Home Park $100.00
• Condo Association $100.00
• Religious Assembly $50.00
• Commercial $50.00
• School $100.00
• Large Commercial $100.00
• Institutional $100.00
• Industrial $100.00
• Community/Recreational $100.00

TOWN OF STONY PLAIN

GovernmentTransfers

The capital projects proposed in 2020 would use $1,640,000 in grant funding. The Downtown project will carry into 2020,as phases 3 and 4 were approved together in 2019 with grant funding committed from the 2020 Municipal Sustainability Initiative (MSI) capital allocation.

Government Transfers 2020 2021 2022 Operating Local Governments/agencies 836,935 $ 850,710 $ 888,219 $ Municipal Policing Assistance/New Police Officer Grant 440,646 $ 440,646 $ 440,646 $ Other Government Grants 68,000 $ 252,000 $

• $

Municipal Sustainability Initiative Operating 123,881 $

• $
• $

Capital Municipal Sustainability Initiative Capital 2,000,000 $ 2,000,000 $ 2,000,000 $ Federal Gas Tax 948,043 $ 948,043 $ 948,043 $ Other Government Grants 550,000 $ Local Governments for Capital 17,500 $ 45,150 $

• $

Total 4,985,005 $ 4,536,549 $ 4,276,908 $

2019-11-05 18

TOWN OF STONY PLAIN

Provincial Budget Update

Operating grant Grant received Future Impact MSI operating $124,000 no change Policing $441,000 no change STEP $16,000 $16,000 reduction cancelled Grants in lieu of taxes $93,000 $51,000 reduction 25% reduction for 2019 & 2020 FCSS $383,000 no change Library $89,000 no change Fines $70,000 reduction

TOWN OF STONY PLAIN

Capital grant Amount Impact MSI capital $2.5 million reduction of $189,000 and further reductions over next 3 years Alberta CommunityTransit grant $279,000 $279,000 capital funding loss for transit cancelled Alberta Community Resilience grant TBD TBD program ending after 2020

Provincial Budget Update

2019-11-05 19

TOWN OF STONY PLAIN

Expenses

$42.7 million projected expenses for 2020

TOWN OF STONY PLAIN

Human Resources

TheT

• wn’s staffing complement consists of full-time and part-time positions equal to 127.9 full-time equivalents in the 2020

Corporate Plan. In addition to T

• wn staff, municipal services are also delivered by third party agencies including the RCMP

. The 2020 Corporate Plan proposes the following items related to employee compensation:

• 2% increase to non-union staff; no step increases or COLA have been included
• 2.5% Negotiated Union increases
• 1.5% increase to Council per Council Compensation policy (C-C0-033) plus 1.4% for Council COLA increase

2019-11-05 20

` 2019 2020 Proposed 2021 Proposed 2020 Proposed GRANTS Budget Budget Budget Budget ACHIEVEMENT RECOGNITION 1,000 1,000 1,000 1,000 ALLIED ARTS 2,000 2,000 2,000 2,000 BMX GRANT 15,606 15,606 15,606 15,606 CHAMBER OF COMMERCE 30,900 30,900 30,900 30,900 DRUG STRATEGY TEAM 8,323 8,323 8,323 8,323 COMMUNITY INITIATIVE PROGRAM 18,000 18,000 18,000 18,000 FAMILY COMMUNITY & SUPPORT SERVICES 300,498 300,498 300,498 300,498 STONY PLAIN LIBRARY 410,500 410,500 410,500 410,500 MULTICULTURAL CENTRE 399,533 97,356 97,356 97,356 NEIGHBOUR LINK 10,404 10,404 10,404 10,404 NIGHT OWLS 2,000 2,000 2,000 2,000 PARKLAND FOOD BANK 11,705 11,705 11,705 11,705 PARKLAND SEARCH & RESCUE 6,242 6,242 6,242 6,242 PARKLAND TURNING POINTS 31,212 31,212 31,212 31,212 PIONEER MUSEUM 74,283 74,283 74,283 74,283 TRANSALTA TRI LEISURE CENTRE 574,367 575,210 605,000 620,000 TRI - CALA 8,160 8,160 8,160 8,160 VICTIM SERVICES 15,606 15,606 15,606 15,606 VOLUNTEER APPRECIATION 1,000 1,000 1,000 1,000 YELLOWHEAD REGIONAL LIBRARY 73,913 81,219 82,515 82,515 TOTAL GRANTS 1,995,252 $ 1,701,224 $ 1,732,310 $ 1,747,310 $

TOWN OF STONY PLAIN

Tangible Capital Assets

TheT

• wn of Stony Plain owns and maintains

an increasing amount of infrastructure,parks, facilities,fleet and equipment as theT

• wn

continues to grow. TheT

• wn owns and maintains:

101 kms of water mains 100 kms of sewer mains 68 kms of storm drainage mains 164 kms of roads 96 kms of sidewalk 37 kms of trails TheT

• wn owns and maintains over

15 buildings in addition to gazebos,

• utdoor rinks,tennis courts, parks,

playgrounds,sports fields,reservoirs, and lift stations.

2019 2020 2021 2022 Roadways $12,697,929 $1,018,745 $1,200,000 $2,250,000 Wastewater systems $1,540,700 $472,500 $3,208,000 $350,000 Storm systems $2,353,935 $602,500 $53,000 $260,000 Water Systems $2,668,150 $383,000 $830,000 $995,000 Land $- Buildings $8,554,204 $1,050,000 $30,000,000 $- Land Improvements $4,987,301 $316,000 $470,000 $550,000 Machinery, Equipment Furnishings $274,303 $1,699,500 $747,386 $552,000 Vehicles $1,245,000 $560,000 $43,000 $253,000 Annual Total $34,321,522 $6,102,245 $36,551,386 $5,210,000 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000

Proposed Capital Acquisitions and Replacement

2019-11-05 21

TOWN OF STONY PLAIN

Long T erm Capital Plan

2019 2020 2021 2022 2023 2024 2025 2026-2029 T

• tal

Community Recreation Centre $500,000 $1,000,000 $30,000,000 $2,000,000 $40,000,000 $73,500,000 John Paul II Road $525,000 $200,000 $725,000 Old Town North Storm Water $450,000 $550,000 $1,000,000 Signage Strategy $268,000 $100,000 $100,000 $1,000,000 $568,000 Tri-Municipal Transit $740,000 $740,000 Alberta First Responders Radio Coms System $384,000 $384,000 Central Trunk Sewer Line $320,000 $2,893,000 $3,213,000 Veterans Blvd Water Line $100,000 $100,000 Water Meter Replacement $20,000 $225,000 $425,000 $520,000 $520,000 $510,000 $2,220,000 Cultural Centre Design/Construction $250,000 $5,000,000 $5,250,000 Downtown Community Centre $2,500,000 $2,500,000 South Park Drive Extension $150,000 $1,490,000 $1,640,000 Public Works Building $480,000 $9,600,000 $10,080,000 Snow Storage Site $150,000 $1,500,000 $1,650,000 TOWN OF STONY PLAIN

Capital Funding

• Water,Wastewater and now Storm have reserve funding for future replacement of infrastructure.

These reserves are added to annually through the user fees charged to users.

• Roads, sidewalks, trails are funded minimally through reserves and are funded through grants.
• Lifecycle reserves have annual transfers to reserves that provide funding for upgrades; grants and debt are

used to supplement the funding of major replacement and improvements.

• Machinery, equipment and vehicles are funded through reserves.

The implementation of an asset management plan beginning in 2020 will enable the Municipality to identify the condition of assets to further the development a LongT erm Capital Plan that recognizes replacement, growth and new infrastructure as well as funding required. 2019 to 2029 shows a current projection of $245 million in capital requirements with $61.4 million unfunded. These projects are included as a discussion tool that will be further refined as time passes; there is no intent to begin these without appropriate planning and funding secured.

2019-11-05 22

TOWN OF STONY PLAIN

Statement of Operations Budget 2019 Proposed Budget 2020 Proposed Budget 2021 Proposed Budget 2022 Revenue $37.7 million $40.4 million $41.9 million $43.2 million Expenses $41.7 million $42.7 million $43.7 million $44.7 million Annual Deficit before Other Revenue ($4.1 million) ($2.2 million) ($1.8 million) ($1.5 million) Other Revenue

Contributed Assets, GovernmentTransfers & Deferred Offsite Levies

$7.2 million $3.9 million $3 million $2.6 million Surplus $3.2 million $1.6 million $1.2 million $1.1 million

TOWN OF STONY PLAIN

2020 Proposed Property Taxes & Utility Rates Annual Impact on Ratepayers

2019 Proposed 2020 Net Increase PropertyTaxes per $100,000 of assessment $612.75 $644.86 $32.11 Utility Billing based on 20 cubic metres of usage $1,433.16 $1,492.08 $58.92 Waste Management Billing $333.84 $337.80 $3.96 New Storm Rate

• $132.00

$132.00 Total Impact to Ratepayers $2,379.75 $2,606.74 $226.99

2019-11-05 23

TOWN OF STONY PLAIN

Questions?