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

 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

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

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 operating expenditure is our salaries and benefits $2,331,666

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

 Our policing cost have steadily increased over the past five years. Since 2010 ($446K) our 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

Sewer Mary street pumping station $ 506,699 Sewer line in new subdivision $ 17,500 Change to Sewage Treatment Plant $ 250,000 $744,199 Water Iona Meter Pit $ 50,000 Celtic Line extension $ 48,000 Thomas Line extension $ 13,000 Auto flushers $ 18,500 $129,500 Recreation Ball Diamond Lights $ 22,800

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 $520,000 $ 30,000 Fire Department Communication Tower $ 126,435 Radios $ 25,000 $151,435

Water and Wastewater Donations, , $30K $9K Federal Gas Grants, Highlights Tax, $192K $450K Debentures: 2014 Debt payments - $465K (principal and interest) New Debt $1,069K translates to an additional $82K debt payment Grants: Debentures $450K Miii grant to fund Mary , $1,069K St. pumping station project

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 on 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?