Transcript Document

2015 MUNICIPAL BUDGET
Property of the Township of Madawaska Valley
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.
Property of the Township of Madawaska Valley
$7,955,716
Parks &
Recreation
Revenues
$201,435
(2.53%)
Payments in Lieu
$101,070
(1.27%)
Ontario
Unconditional Ontario Specific
Grants
Grants
$1,050,700
$1,079,828
(13.21%)
(13.57%)
Canada Specific
Grants
$182,487
(2.29%)
Taxation
$3,604,407
(45.31%)
Transfer from
Reserves
$863,089
(10.85%)
Property of the Township of Madawaska Valley
Fees, S/C & Other
Revenues
$855,650
(10.76%)
Other
Municipalities Grants & Fees
$17,050
(0.21%)
2015 PROPOSED EXPENDITURES
$7,955,716
Library Services $140,752 - (1.77%)
Planning &
Development
Services
$262,230 - (3.30%)
Social & Family
Services
$14,280 - (0.18%)
Parks & Recreation
Services $873,530
(10.98%)
General
Administration
$884,625 - (11.12%)
Protection Services
$1,140,713
(14.34%)
Waste Disposal
Services
$687,295
(8.64%)
Municipal Properties
Services
$367,000 - (4.61%)
Property of the Township of Madawaska Valley
Transportation
Services
$3,585,291 (45.06%)
Municipal operating –
capital expense
comparison
6000000
5000000
4000000
Operating - 63.31%
3000000
Capital - 28.06%
Reserves - 8.63%
2000000
1000000
0
Operating
Capital
Reserves
$5,036,627
$2,232,119
$686,970
Property of the Township of Madawaska Valley
2014 TAXATION
BUDGETED EXPENDITURES
BUDGETED REVENUES
$6,246,657
$2,596,901
2015 TAXATION
PROPOSED EXPENDITURES
PROPOSED REVENUES
$7,955,716
$4,351,309
LEVY REQUIREMENT FROM
TAXATION
LEVY REQUIREMENT FROM
TAXATION
$3,649,756
$3,604,407
LEVY to LEVY DECREASE OF $45,349 (or 1.2%)
Note that due to growth the 2014 taxable assessment base increased by 0.5%
resulting in an additional $19,215 revenue realized through taxation. If this
growth is considered the 2015 Municipal Levy Requirement has
decreased by 1.7%.
Property of the Township of Madawaska Valley
2014
MUNICIPAL TAX RATE
0.00549123
Property of the Township of Madawaska Valley
2015
MUNICIPAL
TAX RATE
0.00515946
$100,000 Assessment
2014
2014
Difference
$ 549.12
$515.95
($ 33.17)
According to the Municipal Property Assessment Corporation (MPAC) the average single
family residential assessment has increased by 4.6% therefore a decrease in the amount of
taxes paid per $100,000 may not result in a taxes decrease for property owners.
Property of the Township of Madawaska Valley
ACCOUNT
BALANCE ON
JANUARY 1/15
ADDITIONS
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/15
$1,357,364.28
$199,000
$217,840
$1,338,524.28
FIRE PROTECTION
SERVICES
$226,532.02
$43,935
$49,538
$220,929.02
TRANSPORTATION
SERVICES
$495,880.49
$193,750
$54,500
$635,130.49
$1,703,481.20
$52,059
$339,000
$1,416,510.20
$2,398
$21,304.52
GENERAL GOVERNMENT
ENVIRONMENTAL
SERVICES
LIBRARY SERVICES
RECREATION & CULTURAL
SERVICES
PLANNING &
DEVELOPMENT SERVICES
TOTAL GENERAL
RESERVES
$23,702.52
$346,545.49
$31,500
$71,823
$306,222.49
$274,177.43
$190,000
$125,000
$339,177.43
$4,427,683.43
$710,214
$860,099
Property of the Township of Madawaska
Valley
$4,277,798.43
2%
2014
2015
DECREASE
$354.99
$347.89
$7.10
(based on $100,000 assessment)
2015 RESIDENTIAL RATE: 0.00347894
2015 County Levy - $38,697,229 up from $37,406,801 in 2014
Madawaska Valley portion - $2,430,251 up 3.01% from
$2,359,269 forwarded in 2014
Property of the Township of Madawaska Valley
3.94 %
2014
$203.00
2015
$195.00
$8.00
DECREASE
(based on $100,000 assessment)
2015 Residential Rate: 0.00195000
Total Amount Collected from Madawaska Valley - $1,627,848
up 1.15 % from $1,609,564 collected in 2014
Property of the Township of Madawaska Valley
HOW THESE DECISIONS
IMPACT YOUR 2015 TAX BILL . . .
Property of the Township of Madawaska Valley
TOTAL 2015 TAXATION BILLING IMPACT
based on $100,000 Residential Assessment
MUNICIPAL
TAXATION
LEVY
COUNTY
LEVY
EDUCATION
LEVY
TOTAL
PROPERTY
TAXES
2014
$549.12
$354.99
$203.00
$1,107.11
2015
$515.95
$347.89
$195.00
$1,058.84
(4.36 %)
A $48.27 DECREASE over the
amount paid in 2014
Property of the Township of Madawaska Valley
TAX IMPACT ON $100,000 ASSESSMENT
2014
2015
Dollar
Difference
Percentage
difference
Municipal Portion
$549.12
$515.95
( $ 33.17 )
( 6.04 % )
County Portion
$354.99
$347.89
( $ 7.10 )
( 2.00 % )
Education Portion
$203.00
$195.00
( $ 8.00 )
( 3.94 % )
Total Taxes
(without Area Rates)
$1,107.11
$1,058.84
( $ 48.27 )
( 4.36 % )
Property of the Township of Madawaska Valley
REASSESSMENT
 We are now in the third 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 5.16% from
$642,421,623 in 2014 to $675,601,963 for 2015.
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
with minimal 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 tax levies at previous levels, however for 2015 the
Township of Madawaska Valley has succeeded.
Property of the Township of Madawaska Valley
Education
Portion
$195.00
(18.42 %)
$ 0.184(per tax dollar))
County
Portion
$347.89
(32.86 %)
$ 0.328 (per tax dollar))
Municipal
Portion
(excluding
Area Rate)
$515.95
(48.73 %)
General Administration
Protection Service
Transportation Services
Municipal Properties
Waste Disposal Services
Social & Family Services
Library Services
Planning, & Dev’t Services
Parks/Recreation/Cultural Services
- $ 0.0610
- $ 0.1040
- $ 0.2295
- $ 0.0002
- $ 0.0166
- $ 0.0003
- $ 0.0139
- $ 0.0155
- $ 0.0469
$ 0.4880
From every tax dollar received, 48.8¢ remains with the municipality
Property of the Township of Madawaska Valley
HOW THE TAX DOLLAR THAT REMAINS WITH THE
MUNICIPALITY ARE SPENT
General Administration
12.51 ¢
Protection Services
21.32 ¢
Transportation Services
47.04 ¢
Municipal Properties
00.04 ¢
Waste Management Services
03.41 ¢
Social & Family Services
00.06 ¢
Library Services
02.84 ¢
Planning/Economic Dev’t/Emergency Preparedness
03.17 ¢
Parks & Recreation Services
09.61 ¢
$ 1.000
Property of the Township of Madawaska Valley
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)
Property of the Township of Madawaska Valley
$ 107,507
Capital
Reserve
$28,322
( 26.34 % )
Operating
Expense
$79,185
( 73.66 % )
Capital
Expense
$0.00
(0%)
Transfer Station Area Rate Budget decreased by $11.00 per unit
or 19.64 %
Property of the Township of Madawaska Valley
Transfer Station Area Rate (residential unit rate)
2014
$56.00
2015
$45.00
Property of the Township of Madawaska Valley
2015 TRANSFER STATION RESERVE
FUND STATUS
TRANSFER STATION AREA
RATE RESERVES
Property of the Township of Madawaska Valley
ACCOUNT
BALANCE ON
JANUARY 1/15
ADDITIONS
$149,836.84
$16,700
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/15
$166,536.84
Curbside pickup AREA RATE
$ 174,317
Capital
Reserve
$41,622
( 23.88 % )
Capital
Expense $0
(0%)
Operating
Expense
$132,695
( 76.12 % )
Curbside Pickup Area Rate Budget remained unchanged for 2015
Property of the Township of Madawaska Valley
2015 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:
Property of the Township of Madawaska Valley
$ 145.00
$ 217.50
$ 1,015.00
$ 2,030.00
$ 4,350.00
CURBSIDE
AREA RATE
RESERVES
ACCOUNT
BALANCE ON
JAN 1/15
ADDITIONS
$149,132.42
$30,000
Property of the Township of Madawaska Valley
WITHDRAWALS
ANTICIPATED
BALANCE ON
DECEMBER 31/15
$178,132.42
INCREASED ASSESSMENT
INCREASED PROPERTY TAXES
For the 2015 taxation year, the average Single Family Residential Assessment as
determined by the OPTA increased by 4.46%.
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.
Property of the Township of Madawaska Valley
THANK YOU !
Property of the Township of Madawaska Valley