and Budget Public Presentation November 19, 2012 2013 Proposed - PowerPoint PPT Presentation

2013 Proposed Business Plan and Budget Public Presentation November 19, 2012

2013 Proposed Business Plan & Budget Budget Processes Tend To Focus On Numbers However What Is Most Important Is The Programs, Services And Strategic Priorities They Represent

2013 Proposed Business Plan & Budget The budget enables the organizations to deliver programs and services. The question is “What are the priority programs and services?”

2013 Proposed Business Plan & Budget Strategic Pillars Programs & Services • Safe, accessible and livable community Growth Management • Live, work, play and learn Natural Environment • Protect, restore and enhance Infrastructure • Maintain and build Municipal Government • Transparent and accountable

2013 Proposed Business Plan & Budget 2013 major objectives • Maintain programs and services for residents • Community Safety – Queensville Fire Station; Emergency Preparedness; Fire Master Plan • Financial Initiatives – DC By-law update; Comprehensive development fee review • Community Engagement – New website; social media; e-news; community events

2013 Proposed Business Plan & Budget 2013 major objectives • Economic Development Strategy implementation – “Business First”; Partnership opportunities EGU • Heritage Program – Derelict buildings; 19040 Leslie St; Radial Line House • Growth Management – Consolidated OP adoption; YDSS/UYSS/Hwy 404 liaison; ATTMP implementation - phase 1

2013 Proposed Business Plan & Budget Average Town Tax Rate Increases and Approval Timelines Timelines Average Tax Average Average Approval Rate Increase Inflation Timelines Rate 2001 - 2005 5.2% 2.4% March-April 2006 -2010 2.5% 1.6% December-January 2011 - 2012 2.7% 2.7% December-January

2013 Proposed Business Plan & Budget Comparison of Annual Town Tax Rate Increases Relative To Inflation 3.0% 2.0% % Difference 1.0% 0.0% 2001-2005 2006-2010 2011-2012 Time Period

2013 Proposed Business Plan & Budget Effective Tax Rate Increase to East Gwillimbury Residents Town + Region + School Board 2011 1.9% 2012 1.5% Average 1.7% Blended tax rate increase (weighted average)

2013 Proposed Business Plan & Budget Where the tax dollar goes 2013 budget Town, $0.32 Region, $0.45 School, $0.23

2013 Proposed Business Plan & Budget 2013 considerations & guiding principles • Current economic climate • Council approved Strategic Plan • Focus on base budget to maintain quality programs and services • Realign existing resources to strategically position the Town for the future and to reflect actuals • Maximize non-tax revenues • Identify new initiatives separately for consideration with focus on low cost/no cost initiatives

2013 Proposed Business Plan & Budget External factors • Recessionary pressures in an uncertain global economy • Rising provincial and federal debt – Reductions in annual grant funding (OMPF) • Increasing cost of OMERS pension and statutory benefits • Inflation & interest rates remain low • YDSS agreement with Region and stakeholders • Growth is imminent

2013 Proposed Business Plan & Budget Internal factors • Cost of living and salary adjustments • Community facilities (Net cost to taxpayers of operating Community Centres) • Reduction in revenue (Commercial fill operations) • Continued medium term pressure on development related fees and high priority need for comprehensive fee review to address revenue shortfall

2013 Proposed Business Plan & Budget Mitigating factors • Realigned existing resources to meet ongoing priorities • Benefits review being undertaken by northern 6 municipalities to achieve efficiencies • Proactively increased non-residential tax revenues • Maintained Town debt free status • Focused on maintaining current programs and services (very limited new initiatives – low cost/no cost) • Continue to publicize the tax deferral option for seniors

2013 Proposed Business Plan & Budget Total 2013 Budget 2013 budget ($35.7M) Operating, $17.6 Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget Funding sources Development User Fees, $1.3 Related 2013 budget ($35.7M) Grants, $0.9 $9.8 Transfer from Reserves, $4.2 Gas Tax, $0.8 Other (sales, fines & penalties, Water / licenses), $0.8 Wastewater, $5.4 Taxation, $12.8

2013 Proposed Business Plan & Budget Allocation by program/service 2013 budget ($35.8M) Program Support, Roads, $8.4 $5.6 Waste Management, Water & $0.7 Wastewater, 6.2 Library Services, $1.2 Facilities / Parks / Leisure, $4.0 Emergency Services, Development 6.0 Services, $3.7

2013 Proposed Business Plan & Budget Total 2013 Budget 2013 budget ($35.7M) Operating, $17.6 Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget 2013 Major Budget Pressures (in $000’s) Salaries & Benefits (annualization of prior year COLA, steps, OMERS, $563 provision for market compensation review) Increased contribution to Library Services (salaries & benefits) $80 Net Adjustment to CPI Operating (based on past actuals) $140 • Downward adjust to Parks revenue • Realignment of Parks and Operations expenses Loss of Fill Revenue $180 Reduction in OMPF grant $24 Reduction in Legal Services funding $26 Total Budget Pressures $1,013

2013 Proposed Business Plan & Budget 2013 Major Budget Pressures (in $000’s) 2013 Major Budget Pressures $1,013 Less: Projected Tax Assessment Growth (4%) ($475) Adjustments to reserves ($270) Operating Efficiencies ($50) Balance to be funded from Taxes $218 Preliminary Tax Rate Increase 1.81%

2013 Proposed Business Plan & Budget 2013 financial status • Continued debt free status • Town reserves projected to be approximately $10.4M – Discretionary $6.1M – Development Charges/CCC $4.3M

2013 Proposed Business Plan & Budget 2013 proposed tax rate increase Based on average current value assessment of $375,000 1.81% tax increase equates to approximately $45 Note: will vary based on relative CVA and other adjustments

2013 Proposed Business Plan & Budget How is each Town tax dollar spent? 2013 budget ($12.8M) Parks, Facilities Waste & Leisure, $0.21 Management, $0.05 Emergency Services, $0.17 Roads, $0.25 Library, $0.09 Mayor & Development Council, Services, $0.01 $0.04 Corporate & Chief Financial Administrative Legal & Council Services, $0.09 Office, $0.01 Support, $0.08

2013 Proposed Business Plan & Budget Total 2013 Budget 2013 budget ($35.7M) Operating, $17.6 Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget 2013 proposed capital projects – highlights In $000’s Queensville Fire Station (multi year) $3,300 Operations Centre Land acquisition & detail design $3,000 Pumper for Queensville Fire Station $430 Post Secondary Attraction (subject to Council direction) $375 Catering Road Reconstruction / Doane Road Bridge $660 Various Road Repairs and Maintenance $369 Various Sidewalks and Streetlights $264

2013 Proposed Business Plan & Budget Total 2013 Budget 2013 budget ($35.7M) Operating, $17.6 Capital, $12.6 Water & Wastewater, $5.5

2013 Proposed Business Plan & Budget Proposed Business Proposed draft business plan & budget cycle plan & budget September - November Public presentations/ In-year status deliberations reporting November 21, 26, March - 28 & others as December required Programs/services Council approved implemented business plan & January - budget December December 17

2013 Proposed Business Plan & Budget Next Steps Operating and Capital Budget – Council budget deliberations on: • November 21 starting at 10:00 am • November 26 starting at 9:00 am • November 28 starting at 9:00 am – Council approval of 2013 Business Plan and Budget (target date December 17) Water and Wastewater budget to be separately considered

2013 Proposed Business Plan & Budget Business plan & budget cycle • Opportunities for public & stakeholder input – Budget meetings – Delegations – Written submissions – Web site • Public notice – Town page – Web site

2013 Proposed Business Plan & Budget Thank you