Draft 2020 Budget Date: November 20, 2019 - PowerPoint PPT Presentation

Draft 2020 Budget Date: November 20, 2019 Presented by: Jeff Schmidt, CPA, CGA, BAS Chief Administrative Officer

Agenda  2020 Consolidated Budget  2020 Draft Tax Supported Operating Budget  2020 Draft Water Rate Supported Operating Budget  2020 Draft Wastewater Rate Supported Operating Budget  2020 Draft Capital Budget & Ten Year Capital Plan  New Initiatives in 2020 (Program Changes)  Budget Timelines  Items for Council’s Consideration 2

2020 Consolidated Budget Gross Gross Net Tax Levy Budget Expenditures Revenues Surplus Tax Supported Operating $20.9M $21.0M $95,442 Water Rate Supported Operating 3.2M 3.2M - Wastewater Rate Supported Operating 1.6M 1.6M - 2020 Capital 18.7M 18.7M - Total $44.5M $44.6M $95,442 1% Tax increase in 2020 equates to $132,451 2020 Proposed Tax Levy Increase (Township Only) 0.00% (this excludes program changes) 3

Policing Charge All properties in the Township are currently charged a policing charge on their property tax bill. 2019 Charge: $240 per property (except farmland properties) $120 per farmland/managed forest property Proposed 2020 Charge: Same as 2019 4

Impact on Average Residential Property 2019 2020 Increase Increase $ % Township of Springwater $1,638.00 $1,638.00 $0.00 0.00 Portion County of Simcoe Portion 1,335.92 1,362.64 26.72 2.00 Education Portion 770.91 770.91 - - Total Property Taxes $3,744.83 $3,771.55 $26.72 0.71 Policing Charge 240.00 240.00 - - Total Tax Bill $3,984.83 $4,011.55 $26.72 0.67 Figures above exclude program changes Blended Tax Average Residential Assessment (MPAC) - $478,826 Increase 5

Breakdown of Residential Property Tax Bill 6

2020 Water & Wastewater Operating Budgets Water Rate $ Wastewater $ Supported Rate Supported Operating Operating Budget Budget Gross Expenditures $2,556,862 Gross Expenditures $1,632,539 Gross Revenues $3,223,182 Gross Revenues $1,468,840 Transfer to/(from) Transfer to/(from) $666,320 ($163,699) Reserve Fund Reserve Fund 7

Impact on Typical Residential User 2019 2020 Increase Increase $ % Water (Base + Volume) $597.91 $597.91 - - Wastewater (Base + Volume) 872.43 909.69 37.26 4.3% Total Water & Wastewater $1,470.34 $1,507.60 $37.26 2.5% Total per month $122.53 $125.63 $3.10 2.5% Average residential user consumes 220 m3 per year 8

2020 Draft Capital Budget 9

2020 Draft Capital Budget 10

Draft Ten Year Capital Plan 11

Draft Ten Year Capital Plan 12

Program Changes/New Initiatives Revenues Net Tax Net Tax Gross Program Change / Impact Impact Exp. Savings $ % Public Works Assistant $55,395 $55,395 - - Outdoor Maintenance Worker – Convert 73,633 - $73,633 0.56 Contract to Permanent Full Time Outdoor Maintenance Worker – New 49,170 - 49,170 0.37 Permanent Full Time Park Maintenance Casual Attendants (2) 65,030 24,625 40,405 0.31 SSEA – Sustainable Severn Sound 13,764 - 13,764 0.10 Library – Child & Youth Coordinator 66,653 - 66,653 0.50 Library – Emerging Tech. Coordinator 48,875 - 48,875 0.37 Total $372,520 $80,020 $292,500 2.21 13

Impact on Average Residential Property 2019 2020 Increase Increase $ % Township of Springwater $1,638.00 $1,662.37 $24.37 1.49 Portion County of Simcoe Portion 1,335.92 1,362.64 26.72 2.00 Education Portion 770.91 770.91 - - Total Property Taxes $3,744.83 $3,795.92 $51.09 1.36 Policing Charge 240.00 240.00 - - Total Tax Bill $3,984.83 $4,035.92 $51.09 1.28 Figures above include all program changes Blended Tax Average Residential Assessment (MPAC) - $478,826 Increase 14

Budget Timelines  November 20, 2019 (Regular Council Meeting): Draft 2020 Consolidated Budget officially tabled  November 25, 2019 (Special Council Meeting) Budget Deliberation Meeting #1  November 27, 2019 (Special Council Meeting) Budget Deliberation Meeting #2 15

Budget Timelines  December 2, 2019 (Special Council Meeting): Budget Deliberation Meeting #3  December 9, 2019 (Special Council Meeting): Budget Deliberation Meeting #4  December 11, 2019 (Special Council Meeting): Budget Deliberation Meeting #5 (tentative)  December 18, 2019 (Regular Council Meeting): Adoption of 2020 Consolidated Budget (tentative) 16

Items for Council’s Consideration  THAT: The Draft 2020 Tax Based Operating Budget; Draft 2020 Water Operating Budget; Draft 2020 Wastewater Operating Budget; and the Draft 2020 Capital Budget as presented, be referred to the Special Budget Meetings of Council for deliberation and consideration; and That the 2020 policing charge remain at $240 per property for all properties except for farmland and managed forest properties which will be charged $120 per property. 17