Table of Contents ................................................................................................................ Introduction 1 ...................................................................................................... Council Objectives 1 - 2 .......................................... I 3 - 4 2007, 2008, & 2009 Provisional Operating PlansBudgets ................................ Property Tax Revenue from New Construction ................... . . . 5 ............................................................................................................... 6 . Public Safety 7 Summary of 2007, 2008 & 2009 Provisional Budgetsmax Increases .......................... 8 Fee-for-Service Grants ................... . . ..................................................................... 9 . . .............................................................................................. ................... Utilities 8 - 1 1 Debt .......................................................................................................................... 12 Major Capital Projects ................................................................................................ 13 Mission Landing Development Concept ..................................................................... 14 ........................................................................... Property Assessments and Taxation 15 ....................................................................................................... Collection Agency 18 ................................................................................................... Concluding Remarks 16 .......................................................... Distrifl of . Mission Eleked Officials and Offlcers 17 ?
Council recently introduced improvements to the District's overall 1 Council & community planninghudgeting systems. These improvements focus on f l w - are linking Council and community goalslobjectives with budget or budged linked w-th resourn allocations through longer term planning. As a result, allocatrons fhtvugh detalled operating plans for the next 3 years (2007, 2008, and planning. longer tern 2009) are now being considered by Council, including taxation and municipal services and related service levels in each of these years. %e intent is that Council will not only approve 2007 servicehxation levels but will also approve, in principle, 2008 and 2009 levels as well. This longer term approach adopts best plannlng practices by ensuring that both long-term and short-term impacts are considered and balanced for the good of the community. m c u l t choices or decisions are a part of any budgeting process. This Council appreciates Is even more true today, in llght of the rising cost of services and the M b a c k and Input many needs within our growing community. Council would appreciate final choices, as budget your feedback and input before making i t s decisions directly Impact you. 5 develop a long-term, comprehensive, mufti-use development plan for the waterfront with maximum community Involvement so that it reflects the vision and aspirations of the community. The plunning pmcas P % develop a Social Development Strategy that descrlbes the priority action areas related to the social well being of residents and outlines where the various agencies and jurisdictions (including the District) will partner together to support, advocate for andlor deliver specific community sewices or Initiatives. increase the recqnltfon of, and support for, community Involvement and volunteerism in Mission. > % continue to implement the Arts and Cultural Strategy by reviewing and identifying I specific actions which need to be addressed. t ensure compliance and community awareness of the Silverdale dban Residential Neighbourhood Planning Terms of Reference for any new development in South West Mission. 1
B % create an Environmental Charter so that all residents and businesses understand and practice what is expected of them in regards to the District's environmental policies, regulations and practices. % have the District take a leadership role in demonstrating exernplay environmental practlce within all its policies and operatlons. I F % adopt and implement a revised Ofticial Community Plan are ReSo~rceQ (OCP) that reflects the aspirations of the community. allocafed & moblllmd fowards meeting Z % create a means for residents and neighbwrhood Council's obJaettves. associatlons to undertake neighbourhoal planning. Tconmnic Derehpmnt/Trnplbyment O p p o r t u n i t i e s P 5 facilitate the sale of 85% of the properties within the new industrial park. I 5 expand post secondary opportunities in Mission. 9 5 continue to support the implementation of Mlsslon's Econornlc Development Strategy. P 5 designated OCP employment and industrial property to meet increase the amount o f future needs. I 6 attract and retain commercial businesses. P % develop strategies and identify actions to lmpmve the vitallty and attractiveness of the Mission Downtown. I 5 adopt, implement and review the three-year Strategic Poliung Plan with the following five priorities: Youth involvement in crime; I I Public disorder; Council is making ste8dy progrears towards achieving Property crimes; its obiecfives. Traffic safety; and Drug activity associated with organized crime. > % review with the Crystal Meth Task Force its recommendations and ideitlfy priorities end to secure funding for treatmentldetox facilities. I I P q e 2 W f i k I Consuitation Meeting - March 26,2007 B % e r
%e District's 2007, 2008. and 2009 provisional operating planslbudgets, both expenditures and revenues, are highlighted below. The District's Forestry area is not reflected in the figures and graphs, as it is a self sufflclent Budgeted operating business enterprise that aims to cover all of its costs and to expenditurns fota1$38.3 million, $ 1 4 0 . 2 miilion, & generate profits that can be used for other municipal purposes. 64 1.4 mli/ion, In 2007, 2008, & 2009, respectively. E p d z t u r e s I Rannedlbudgeted operating expenditures total $38,335,544, $40,238,296, and $41,460,606, in 2007, 2008, and 2009, respedvely. Policing costs continue to make up the biggest slice of our expenditure "pien, followed by utility operations, and engineering & public works. Utility expenditures are offset or covered by user fees (see revenues on page 4). -1 - 8 Transfers - 2007 Budget Expendim s 3 8 3 3 5 , ~ ) Expm&ures & Tamfern 2008 Budget ma Uorn*) EXpen&ures b Transfers 2008 Budget o m - O ww~y n e - (total = 541,460,609) lranfm i a ~ n p ~ P l h d Rat- I maw#s}* 1B.UU CuLP2, 1 1 . m Plamlng B E w r m r c -yg 2m ~PublleTmmY, 2.70% Pdiceserurce!& m.m, - /- & PubHc Engkmring W M , 1 6 , 1 4 % 8 h p . Admink- Finarm 12.14% Fire w c y SeMcs~. 4.51% F e 3 Conmiruth MeeW - march M R c w e t 26,2007
n revenues are esfimated 1 1 Olher municlpai 54 % of the District's servlces are pald for through property 1 $18.3 miillon. and 1 1 at Sf7.8 milllon, &out other munlclpal revenuesltransfers are shown below and are budget~d at $17,865,683, $18,398,002, and $18,713,934 for 2007,2008 and 2009, respectively. I I I programs. I For every 1 % increase I n p r o m taxes, approximately $f88,000 of tax revenue (for 2007) is genemd for municipal sewices o r Council has taken a prudent and proactive approach to generating other municipal revenues by instituting a formal fee review process and by approving certain multi-year fee increases. This approach senres to mlnimize overall property tax increases and reduces our dependence on property taxes. Revenues J I Property T a m
G c h year, property taxes generated from newly mnstructed propetties (construction of new n buildings and improvements as well as development of land) are used to pay for a portion of the added cost of municipal Approximafdy $560,000 of services and to minimize the overall property tax increase. w o w tax mvenue from dppromimateiy $560,000 of new construction revenue from factored info the new property assessments has been factored into the District's bgen 2007 budget. 2007 budget. $400,000 of new construction revenue has been estimated for each of 2008 and 2009. for ~lannina Durnoses. - , , The Intent is to direct a portion of any excess new construction revenue generated in 2008 and 2009 to resenres (to be used for capital purposes), so as to minimire future capital debt. mssion's property assessment growth has been mostly attributable to newly constructed residential homes, as opposed to new business Business & industrial dewlopmenf has e or Industrial development. Business and Industrial development very M c i a l e # e d results in higher assessed values and related property tax revenue, on DisWct's fhe and thus has a very beneficial effect on the District's finances. Councll Is working hard at diversifying the District's taxlassessment base. History of New Construction Revenue
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