Transcript Document

2014 MUNICIPAL BUDGET
Township of Madawaska Valley
MISSION STATEMENT
It is the expectation of the Council to develop community driven
policy whose intent will be to ensure a safe, clean, secure
environment, a well maintained infrastructure system, and a
climate of acceptance, friendly caring, and community spirit.
We will make affordable decisions which we believe will lead
our township in a progressive, enterprising and sustainable
direction within the Legislative framework of the Province of
Ontario. At the same time our residents and guests will have
the assurance that both old and new cultural traditions will
continue to play an integral part in making this community the
special place we recognize as home.
2014 PROPOSED REVENUES
$6,246,657
Parks &
Recreation
Revenues
$229,300
- (3.67%)
Taxation
$3,649,756.44 (58.43%)
Accumulated
Cash Surplus $90,251.56 (1.44%)
Payments in Lieu
Ontario
$105,670 Unconditional
(1.69%)
Grants
$1,032,700 (16.53%)
Ontario Specific
Grants
$169,580(2.71%)
Canada Specific
Grants
$134,387 (2.15%)
Transfer from
Reserves $438,246(7.02%)
Other
Municipalities Grants & Fees
$4,100 - ( 0.07%)
Fees, S/C &
Other Revenues
$392,666 (6.29%)
2014 PROPOSED
EXPENDITURES
$6,246,657
Library Services $134,808 - (2.16%)
Planning &
Development
Services
$182,430 (2.92%)
Social & Family
Services
$14,280 - (0.23%)
Parks & Recreation
Services $873,175(13.98%)
General
Administration
$881,850- (14.12%)
Protection Services
$1,120,815(17.94%)
Waste Disposal
Services
$531,700(8.51%)
Municipal Properties
Services
$24,989 - (0.40%)
Transportation
Services
$2,482,610 (39.74%)
Municipal operating –
capital expense
comparison
6000000
5000000
4000000
Oper ating - 78.86%
3000000
Capital - 16.64%
Reser ves - 4.5%
2000000
1000000
0
Operating
$4,926,357
Capital
$1,039,300
Reserves
$281,000
2013/2014 TAXATION LEVY
REQUIREMENT COMPARISON
2013 TAXATION
BUDGETED EXPENDITURES
BUDGETED REVENUES
$7,001,581.00
$3,497,936.00
LEVY REQUIREMENT FROM
TAXATION
$3,503,645.00
2014 TAXATION
PROPOSED EXPENDITURES
PROPOSED REVENUES
$6,246,657.00
$2,596,901.00
LEVY REQUIREMENT FROM
TAXATION
$3,649,756.00
LEVY INCREASE OF $146,111 (or 4.17%)
Increase due in part to:
 commencement of implementation of Asset Management Plan
 2014 is a Municipal Election year and Township must budget for this expenditure
 increased policing costing ($85,263)
 increased material/service costs to provide services
2014 MUNICIPAL TAX IMPACT
on residential properties
(WITHOUT AREA RATES)
2013
MUNICIPAL TAX RATE
0.00555690
2014
MUNICIPAL
TAX RATE
0.00549123
TAX DOLLAR IMPACT
$100,000 Assessment
2013
2014
Difference
$ 555.69
$549.12
($ 6.57)
Consideration must be given to the Assessment increases. According to the Municipal
Property Assessment Corporation (MPAC) the average single family residential assessment
has increased by 3.23% from $139,500 in 2013 to $144,000 in 2014. The following will
demonstrate the impact that this assessment change will have on these properties.
2013 Average Residential
Impact
$ 139,500 Assessment
2014 Average Residential
Impact
$ 144,000 Assessment
$ 775.19
$ 790.74 $ 15.55
or 2.01 %
2014 GENERAL RESERVE FUND STATUS
ACCOUNT
BALANCE ON
JANUARY 1/14
ADDITIONS
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/14
1,083,493.24
8,000
29,457
1,062,036.24
FIRE PROTECTION
SERVICES
182,077.92
43,500
20,700
204,877.92
TRANSPORTATION
SERVICES
373,336.17
140,000
49,000
464,336.17
1,721,352.57
51,744
227,500
1,545,596.57
GENERAL GOVERNMENT
ENVIRONMENTAL
SERVICES
LIBRARY SERVICES
RECREATION & CULTURAL
SERVICES
PLANNING &
DEVELOPMENT SERVICES
TOTAL GENERAL
RESERVES
21,141.30
21,141.30
355,449.85
43,000
102,000
296,449.85
203,821.93
23,000
6,600
20,221.93
3,940,672.98
309,244
435,257
3,814,659.98
2014 COUNTY OF RENFREW
RESIDENTIAL TAX LEVY
1.75%
2013
2014
DECREASE
361.33
354.99
6.34
(based on $100,000 assessment)
2014 RESIDENTIAL RATE: 0.00354994
Levy Amount - $2,393,930 up from $2,278,083 (increase of 5.04% from last year)
2014 RESIDENTIAL
EDUCATION TAX LEVY
1.42%
2013
212.00
2014
203.00
9.00
DECREASE
(based on $100,000 assessment)
2014 Residential Rate: 0.00203000
Levy Amount - $1,609,564.43 up from $1,585,038 (increase of 1.55% from last
year)
IMPACT
HOW THESE DECISIONS
IMPACT YOUR 2014 TAX BILL . . .
TOTAL 2014 TAXATION BILLING IMPACT
based on $100,000 Residential Assessment
MUNICIPAL
TAXATION
LEVY
COUNTY
LEVY
EDUCATION
LEVY
TOTAL
PROPERTY
TAXES
2013
555.69
361.33
212.00
1,129.02
2014
549.12
354.99
203.00
1,107.11
(1.94 %)
A $21.91 DECREASE over the amount paid in 2013
TAX IMPACT ON $100,000 ASSESSMENT
2013
2014
Dollar
Difference
Percentage
difference
Municipal Portion
555.69
549.12
( $ 6.57 )
( 1.18% )
County Portion
361.33
354.99
( $ 6.34 )
( 1.75% )
Education Portion
212.00
203.00
( $ 9.00 )
( 1.42% )
Total Taxes
(without Area Rates)
1,129.02
1,107.11
( $ 21.91 )
( 1.94% )
2014 TAXATION INFLUENCES
REASSESSMENT
 We are in the second year of an updated four year phase-in Property Assessment update
which updated from a 2008 base year to a 2012 base year.
 Assessment reductions are not phased-in in the same manner as assessment increases are,
total reduction was given immediately (during the 2013 taxation year) which added stress to the
2013 taxation year but continues as Requests for Reconsideration are being processed.
 Taxable Assessments for the Township of Madawaska Valley rose by 5.33% from
$609,884,737 in 2013 to $642,421,623 for 2014.
REVENUE SOURCES LIMITED – RISING COSTS
 Other than a small number of grant opportunities, in addition to fees and service charges
that are levied, property taxation is the only means that the Township has to raise revenues.
 Operation costs continue to rise; the need to replace and rehabilitate existing capital assets
without assistance of the upper levels of Government; and the implementation of the Township
Asset Management Plan (a requirement of obtaining future Provincial funding) are making it
very difficult to maintain taxes from rising.
DISTRIBUTION OF 2014
RESIDENTIAL TAX BILL
(based on $100,000 residential assessed value)
Education
Portion
$203.00(18.34 %)
$ 0.183(per tax dollar))
County
Portion
$354.99(32.06 %)
$ 0.321 (per tax dollar))
1,107.11
Municipal
Portion
(excluding
Area Rate)
$549.12(49.6 %)
General Administration
Protection Service
Education
Transportation Services
Levy
Municipal Properties
$296.83Waste Disposal Services
Social & Family Services(18.95%)
Library Services
Planning, & Dev’t Services
Parks/Recreation/Cultural Services
- $ 0.0644
- $ 0.1061
- $ 0.2241
- $ 0.0022
- $ 0.0138
- $ 0.0003
- $ 0.0137
- $ 0.0169
- $ 0.0545
$ 0.4960
From every tax dollar received, $0.496 remains with the municipality
HOW THE TAX DOLLAR THAT REMAINS WITH THE
MUNICIPALITY ARE SPENT
General Administration
$ 0.1298
Protection Services
$ 0.2140
Transportation Services
$ 0.4518
Municipal Properties
$ 0.0045
Waste Management Services
$ 0.0277
Social & Family Services
$ 0.0006
Library Services
$ 0.0276
Planning/Economic Dev’t/Emergency Preparedness
$ 0.0340
Parks & Recreation Services
$ 0.1100
$ 1.000
2014 AREA RATES
TRANSFER STATION AREA RATE
(applies to property assessments in the former
Township of Radcliffe and Townships of
Sherwood, Jones & Burns who do not received
curbside pickup services)
CURBSIDE PICKUP AREA RATE
(applies to all Residential, Commercial, Institutional
and Industrial Units located in the former Village of
Barry’s Bay and surrounding areas that receive this
service)
TRANSFER STATION AREA RATE
$ 135,907
Capital
Reserve
$30,322
( 22.31 % )
Operating
Expense
$82,585
( 60.77 % )
Capital
Expense
$23,000
( 16.92 % )
Transfer Station Area Rate Budget decreased by 0.72%
TRANSFER STATION PROPERTIES BUDGET IMPACT
Transfer Station Area Rate
2013
57.31
2014
56.00
2014 TRANSFER STATION RESERVE
FUND STATUS
TRANSFER STATION AREA
RATE RESERVES
ACCOUNT
BALANCE ON
JANUARY 1/14
ADDITIONS
130,132.16
18,700
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/14
148,832.16
Curbside pickup AREA RATE
$ 167,757
Capital
Reserve
$41,622
( 24.81 % )
Capital
Expense $0
( 0 %)
Operating
Expense
$126,135
( 75.19 % )
Curbside Pickup Area Rate Budget increased by 10.82%
CURBSIDE PICKUP AREA
RATE
2014 CURBSIDE AREA RATES:
Residential Unit Rate:
Small Industrial, Commercial & Institutional Rate:
Medium Industrial, Commercial & Institutional Rate:
Large Industrial, Commercial & Institutional Rate:
Extra-Large Industrial, Commercial & Institutional Rate:
$ 145.00
$ 217.50
$ 1,015.00
$ 2,030.00
$ 4,350.00
2014 CURBSIDE AREA RATE
RESERVE FUND STATUS
CURBSIDE
AREA RATE
RESERVES
ACCOUNT
BALANCE ON
JAN 1/14
ADDITIONS
$117,227.38
$30,000
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/14
$147,227.38
INCREASED ASSESSMENT
INCREASED PROPERTY TAXES
As previously noted for the 2013 taxation year, the average Single Family
Residential Assessment as determined by the OPTA increased by 3.23%, from
$139,500 to $144,000 for 2014.
The percentage assessment increases for individual properties will vary therefore
each property will be impacted differently, some less while others more. Keep in
mind that properties, including Seasonal Recreational/Waterfront, that are in other
property classifications will experience different impacts dependent upon the
assessment increase.
Residential properties paying the Transfer Station area rate with up to a 2.02%
assessment increase, and those who pay the Curbside Pickup area rate that
experience up to a 1% assessment increase, will see their property taxes remain the
same or decrease.
Any assessment increases above this amount will see increases dependent upon the
value of the property increase.
TOTAL 2014 TAXATION BILLING IMPACT
Based on the average Single Family Residential Assessment for properties that do not
receive curbside pickup services
ASSESSMENT
MUNICIPAL
TAXATION
LEVY
TRANSFER
STATION
AREA RATE
COUNTY
LEVY
EDUCATION
LEVY
TOTAL
PROPERTY
TAXES
2013
139,500
775.19
57.31
504.06
295.74
1,632.30
2014
144,000
790.74
56.00
511.19
292.32
1,650.25
1.10 %
A $17.95 INCREASE over the amount paid in 2013
TOTAL 2014 TAXATION BILLING IMPACT
Based on the average Single Family Residential Assessment for properties that receive
curbside pickup services
ASSESSMENT
MUNICIPAL
TAXATION
LEVY
CURBSIDE
PICKUP
AREA RATE
COUNTY
LEVY
EDUCATION
LEVY
TOTAL
PROPERTY
TAXES
2013
139,500
775.19
130.00
504.06
295.74
1,704.99
2014
144,000
790.74
145.00
511.19
292.32
1,739.25
2.01 %
A $34.26 INCREASE over the amount paid in 2013
THANK YOU !