Community Services - the Township of Lanark Highlands

Report
2014 BUDGET PRESENTATION
Tuesday January 28, 2014
• The complete budget document can be located on the Lanark Highland’s
web site at
www. lanarkhighlands.ca /Services/Budget.php
• The assessment in Lanark Highlands for 2014 taxation increased on
average 5.53%. Of this, 1.65% relates to real growth, 3.88% relates to
assessment phase-in increase.
• The 2014 budget includes a municipal tax levy increase of 2%. This
approximates about $ 84,000 of additional revenue for Municipal
operations.
• 2014 is the forth consecutive year the tax rate increase has been
maintained at 2%.
• Policing Cost has increased $ 43,544 for 2014. This equates to about 1% of
the tax levy. Policing Cost represents about 8.5% of the Township’s total
gross expenses.
• The Ontario Municipal Partnership Fund Grant ( OMPF ) increased
by $114,800. Since 2009, this grant had been steadily decreasing .
The increase for 2014 is a welcome reprieve.
• At this time, a $ 150,000 surplus is forecast for 2013.
The 2013 year end must still be completed as well as the 2013
audit. Therefore, this forecast is subject to change.
• This surplus is attributable to actual expenses being approximately
$ 60,000 less than budgeted but also tax revenue being $ 90,000
higher than budgeted. Most of the tax increase was created by
additional tax supplementaries based on reassessments by the
Municipal Property Assessment Corporation ( MPAC )
The 2014 budget includes $ 2,000,500 to be spent on capital items
and projects.
$ 236,865 of this amount will be funded through the tax levy. The
remainder will be funded from reserves, development charges and a
$ 1,099,088 grant from OMAFRA - MIII
Building & Protective Services:
Fire Services:
Scott SCBA Regulators
Rapid Intervention Team Equipment
Hoses, nozzles, fittings, gated valves
¾ ton 4X4 crew cab
Emergency Lighting
$ 14,000
5,500
26,000
30,000
15,000
Total
$ 90,500
( continued )
Community Services:
Youth Centre capital work
Community Halls capital improvements
Property Acquisition – survey & legal – Clyde Forks Cemetery
Total
Public Works – Environmental Services:
Middleville waste site
Land Purchase Costs – Robertson’s Lake / White Lake
Total
( continued )
$
12,000
13,000
5,000
30,000
250,000
45,000
$ 295,000
2014 BUDGET EXPENDITURES
( CONTINUED )
Public Works – Transportation:
Resurface .6km on Paul Drive
Acquire Property & Realign Coon Hill
Design & Engineering – Sheridan Rapids & Galbraith Rd. Bridges
Design / Engineering & Construction – French Line Bridge
½ Ton Truck
Asphalt Conveyor for Village Truck
Repair Salt Shed at Joe’s Lake
Total
$
25,000
80,000
120,000
1,290,000
30,000
10,000
30,000
$ 1,585,000
2014 BUDGET SUMMARY
2013
2013
2014
BUDGET
FORECAST
BUDGET
BUDGET NOTES
EXPENSES
Departments
$
Conservation Authority Levy
$
5,273,201 $ 5,212,987
28,996 $
28,996
$ 5,518,853
$
30,000
Increase Allowance for Doubtful Accounts
$
5,302,197
$ 5,241,983
$ 5,548,853
Payments in Lieu
$
53,000
$
56,000
$
Interest & Penalties on Taxes
$
165,000
$
173,000
$
Ontario Municipal Partnership Fund (OMPF)
$
1,319,700
Interest Income
$
Aggregate Producers Grant
TOTAL EXPENSES
REVENUES
57,000 LCBO, Post Office, County Forest, Hydro
170,000
1.25%/month as per Municipal Act
$ 1,319,700
$ 1,434,500
35,000
$
26,000
$
26,000 on operating bank accounts
$
60,000
$
61,636
$
60,000 Reflects anticipated aggregate producers
Provincial Offences Act Income
$
55,000
$
55,000
$
55,000 output
Taxes
$
4,158,800
$ 4,245,000
$ 4,334,200
as confirmed by Ministry of Finance
incl. 2% rate increase +
estimated 2014 supplementries
TOTAL REVENUES
$
5,846,500
$ 5,936,336
$ 6,136,700
SURPLUS / ( DEFICIT ) BEFORE POLICING
$
544,303
$
694,353
$
587,847
OPP POLICING CONTRACT
$
544,303
$
544,303
$
587,847
TOTAL SURPLUS / ( DEFICIT )
$
-
$
150,050
$
-
Estimate - 8.5% Salary related increase
SUMMARY - DEPARTMENT
2014 BUDGET
DEPARTMENT
2013
2013
2014
BUDGET
FORECAST
BUDGET
Corporate
$
1,009,387
$
957,526
$
1,060,619
19%
Building, Planning & Protective Services
$
786,841
$
775,757
$
827,802
15%
Community Services
$
227,686
$
244,934
$
262,625
5%
Public Works & Waste Management
$
3,249,287
$
3,234,770
$
3,367,807
61%
TOTAL $ 5,273,201
$ 5,212,987
$ 5,518,853
100%
PENALTIES &
INTEREST ON TAXES
3%
AGGREGATE
GRANT & OTHER
3%
OMPF GRANT
23%
26% in 2010
25% in 2011
24% in 2012
23% in 2013
TAXES
71%
71% in 2010, 2011,2012
& 2013
CORPORATE 7 RESERVES
7%
ADMINISTRATION
9%
COUNCIL
3%
COMMUNITY SERVICES
5%
BUILDING – PLANNING
& PROTECTIVE SERVICES
15%
PUBLIC WORKS
&
WASTE MANAGEMENT
61
Gross Road Expenditures by Function
Communication / Office Costs
Supervisory / Technical
Equipment Depots
Empl. Benefits & Other
Debt Repayment
Winter Maintenance
Road - Safety
Roadside Maint.
Road - Loosetop Maint.
Road - Hardtop Maint.
Drainage & Structures
$-
$200,000
$400,000
$600,000
$800,000
PROPERTY TAXES
HOW THEY ARE CALCULATED
Education
Tax
Rate
Property
Taxes
=
Assessed
Property
Value
X
Municipal
Tax
Rate
County
Tax
Rate
Note :
Assessed Property Values provided by the Municipal Property Assessment Corporation ( MPAC )
WHERE YOUR TAXES GO
RETAINED BY
THE
TOWNSHIP
TO SCHOOL BOARDS
17 %
50 %
33 %
TO THE COUNTY
OF LANARK
2014MUNICIPAL PROPERTY TAX OBLIGATION
2 % LEVY INCREASE
Example:
2013
Property assessed at $182,900
Rising by average assessment increase
3.88%
2014
Property assessed at $190,000
2014 MUNICIPAL PROPERTY TAX OBLIGATION
Does not included County & School Taxes
2.0 % LEVY INCREASE
Municipal Tax
Obligation
Residential Property assessed @ $ 182,900 in 2013
$ 1,141.76
Average Residential Assessment Increase @ 3.88 %
=
Residential Property assessed @ $ 190,000 in 2014
$ 1,164.61
Increase in Annual Taxation
$ 22.85
Budgeted Reserve Balances
Jan 1,
2014
$
Transfer
In
$
Transfer
Out
$
Dec 31,
2014
$
TI = Transfer In
TO= Transfer Out
Operating funds
502,627
59,321
20,000
541,948 TO = Wage/Benefit Adjust.
Capital Funds
404,506
50,000
45,000
409,506 TO = Waste Site Capital
Administration
Building
104,500
25,000
129,500 TI= Per Budget
Election Expense
33,859
Computer Replac.
18,000
Emerg. Generator
Bidg.
15,000
15,000
CBO Vehicle
13,679
13,679
Road Mntce.
Equip
34,874
Policing Reserve
14,024
6,000
282,500
29,000
4,859 TO= 2014 Election
15,000
9,000 TO= Capital Asset Software
40,000
277,374 TI = Surplus on Equip Rental
TO = ½ Ton Pickup / Asphalt
Conveyor
14,024
Budgeted Reserve Balances ( cont.)
Jan 1,
2014
$
Transfer
In
$
Transfer
Out
$
Gas Tax Funding
195,691
148,483
299,912
Special Reserve –
Crain’s Constr.
24,000
6,000
30,000
Recreation
34,612
2,000
36,612 TI= Sale of Lottery Lic.
Vincent Hall
5,116
Lanark Arena
54,401
Lanark Village
Museum
7,801
Fire Capital
Fire – PPEquip &
Radio Licencing
TOTAL
Dec 31,
2014
$
TI = Transfer In
TO= Transfer Out
44,262 TI= Gas Tax Funding
TO= French Line Bridge
TI= Per Crain’s Agreement
5,116
25,000
79,401 TI= Per Budget
7,801
304,499
84,300
61,500
327,299 TI = Per Budget
30,000
10,000
29,000
11,000 TI = Per Budget
1,797,189
698,604
539,412 1,956,381
Development Charges / Cash in Lieu of Parklands
( Estimates )
JAN. 1
2014
$
TRANSFER
IN
$
Development Charges.
330,000
50,000
Cash in Lieu of Parklands
101,100
4,500
431,100
54,500
TRANSFER OUT
Scott SCBA Regulators
3,500
Hoses, nozzles, fittings
6,500
Library Services
2,500
TOTAL
12,500
TRANSFER
OUT
$
12,500
DEC. 31
2014
$
367,500
99,300
12,500
466,800
2013
LONG TERM DEBT
PURPOSE
LENDER
BAL.
INTEREST
YEAR
DEC. 31.13
RATE
PAID OFF
Road Reconstr.
Infrastructure Ont.
$ 458,356
4.73 %
2017
Road Reconstr.
Infrastructure Ont.
$ 32,362
2.51 %
2014
Road Reconstr.
Township of
Lanark Highlands
( Water & Sewer )
$ 805,606
3.73 %
2021
Arena Ice Plant
Infrastructure Ont.
$ 804,000
TBD
2019
$ 1,296,324
Total annual repayment obligation combined principal & interest = $ 307,513

similar documents