Public Meeting April 9, 2014 Budget Process Highlights Revenues - - PowerPoint PPT Presentation

Public Meeting – April 9, 2014

 Budget Process  Highlights  Revenues  Expenditures (Operating and Capital)  Tax Rate Impact  Water and Wastewater  Budget and Strategic Plan  2014 and Future Budget Issues

 Budget guideline of 3.5% was provided by

Council

 Department submission of budget

requirements

 Unedited first draft was reviewed with Council  Detailed review by the CAO, finance and

individual meetings

 Second and third draft was

reviewed/prioritized/ amended by Council

 Public Budget meeting

 Total taxes collected by Dutton/Dunwich is $5,802,920

Tax increase / (decrease)



Municipal - $2,808,563 3.5%



County - $2,101,375 (0.53)%



Education - $896,814 (4.20)%

Muni nici cipa pal 48% 48% Count unty 36% 36% Educat ucation 16% 16%

 Total Municipal budgeted Levy is a 7.9%

increase

 Municipal Tax Rate increase is 3.5%  Total $ tax rate increase is $88,327 and a

1% increase is approximately $25,236

PROPERTY CLASS % CHANGE RESIDENTIAL 3.9% MULTI RESIDENTIAL 3.9% COMMERCIAL OCCUPIED 6.8% PIPELINES 2.2% FARMLANDS 10.7% MANAGED FORESTS 10.9% NEW CONSTRUCTION COMMERCIAL

• 8.4%

TOTAL 6.8%

 Donated $23,645 toward a variety of organizations including:

• Wallacetown Agricultural Society, Dutton Daycare,

Dutton/Dunwich Horticultural Society, Backus Page, MPoWER, Arts & Cookery

 Allocated $143,000 toward a variety of organizations

(Physician recruitment and Lower Thames Conservation Centre, West Elgin Arena among others)

 Providing summer students with employment and the

continued support of programs, such as Dutton Day Camp

Propert erty y taxation ation 37% 37% Paymen yments s in lieu eu of taxes es 1% 1% Local cal impr proveme ement nt levi vies 3% 3% User er char arges es 18% 18% Governm ernmen ent of Canad nada 3% 3% Other er muni nici cipal alities es 9% 9% Province nce of Ontar ario 22% 22% Penal nalties es and d inter erest est on taxes es 1% 1% Other er cont ntribut butions ns 6% 6%

Year Funding 2011 $1,073,100 2012 $1,097,400 2013 $1,027,200

$127, 7,300 300 Decl eclin ine in Funding ng

2014 $899,900

Tax x Levy = 4.54% 4% Increa crease

 Our total operating expenditures are $5,949,260  Our largest department operating expenditure is

transportation ($1.566M) followed by water and wastewater ($1.2M) and protection services (1.08M)

 Consistent with other Municipalities, our largest

• perating expenditure is our salaries and benefits

$2,331,666

Genera eral governm ernment nt 17% 17% Protec ection n of perso sons ns and d proper perty 18% 18% Transp ansportati ation n service ces 26% 26% Water er and d wast stewat ewater er service ces 20% 20% Environmen mental al service ces 5% 5% Heal alth h service ces 5% 5% Recrea eation n and d cultur ural al service ces 7% 7% Planni anning ng and develo elopment pment 2% 2%

 Our policing cost have steadily increased

• ver the past five years. Since 2010 ($446K)
• ur policing costs have risen to a 2014

contract of $552K, a 24% increase. Year Cost 2013 $502,573

$49,717 9,717 = 10% Incre crease e Tax x Levy = 1.8% % Increa crease se

2014 $552,290

Recreation Ball Diamond Lights 22,800 $ Water Iona Meter Pit 50,000 $ Celtic Line extension 48,000 $ Thomas Line extension 13,000 $ Auto flushers 18,500 $

Sewer Mary street pumping station 506,699 $ Sewer line in new subdivision 17,500 $ Change to Sewage Treatment Plant 250,000 $ $744,199 $129,500

Public Works Repair Talbot - Silverclay,Marsh to Pioneer 40,000 $ Tar & chip Coyne Silverclay - Marsh 70,000 $ 2 new trucks 105,000 $ Repair Jordan street (Currie and Margaret) 140,000 $ Crushing landfill material 65,000 $ Gilbert Drain Thomson Line Culvert 70,000 $ Sidewalks 30,000 $ Fire Department Communication Tower 126,435 $ Radios 25,000 $

$520,000 $151,435

Highlights Debentures: 2014 Debt payments - $465K (principal and interest) New Debt $1,069K translates to an additional $82K debt payment Grants: $450K Miii grant to fund Mary

• St. pumping station project

Grants, $450K Debentures , $1,069K Federal Gas Tax, $192K Water and Wastewater , $30K Donations, $9K

Residential Tax Rates Impact 2013 2014 Change, % Average Assessed Value 200,000 $ 200,000 $ Taxes: Municipal Taxes 1,479.29 $ 1,531.07 $ 3.50% County Taxes 1,175.21 $ 1,168.94 $

• 0.53%

Education Taxes 424.00 $ 406.00 $

• 4.25%

Total Taxes 3,078.50 $ 3,106.01 $ 0.89% 27.51 $

Residential Tax Rates and Assessment Impact 2013 2014 Change, % Average Assessed Value 200,000 $ 207,880 $ 3.94% Taxes: Municipal Taxes 1,479.29 $ 1,591.39 $ 7.58% County Taxes 1,175.21 $ 1,215.00 $ 3.39% Education Taxes 424.00 $ 422.00 $

• 0.47%

Total Taxes 3,078.50 $ 3,228.38 $ 4.87% 149.89 $

 Water rates :

$18.00 Base rate

no increase

$1.77/cubic metre

3.5% increase from $1.71  Wastewater rates:

$2.15/cubic metre

9.2% increase from $1.95

Strategic Priority To focus on financial management and planning in order to retire debt and increase revenues allowing the municipality to maintain and improve upon its services. No Services were cut in the 2014 Budget

 Access grants – HRSDC Accessibility Grants

received to assist with accessibility in the Library, Community Centre, Pool and SDH. Grant to implement GIS and repair sidewalks.

 Improve cash flow - recover tax arrears and

water AR. More aggressive collection policy is in place.

 Establish infrastructure replacement plan - The

Municipality worked with a consultant and developed an Asset Management Plan. The AMP will ensure the Municipality’s eligibility for provincial funding and will assist staff in managing infrastructure assets in the future.

The Financing Strategy to support the AMP implementation.

 Debt Management– The Municipality continue working

• n debt retirement.

Line of Credit LT Debt Total Debt 2010 2,494,642 2,267,153 4,761,795 2011 2,320,106 2,384,756 4,704,862 2012 1,630,972 2,367,004 3,997,976 2013

• 3,472,485

3,472,485

 Reduction in Ontario Municipal Partnership Funding (OMPF).

Government plans to phase down OMPF to 2016.

 Continued increase in policing costs  Infrastructure replacement and maintenance. Less grant

money is being offered from the Federal and Provincial Governments.

 Municipality needs to increase reserves as a contingency

 Review the Consolidated Tax Rates using the

Municipal, County, and School Board rates

 Approve the Tax Rate By-Law

 Thank you to Council, committees, and the

various departments for their help in preparing the 2014 budget.

 This presentation is available on our

Municipal Website at www.duttondunwich.on.ca

 Questions?