Committee of the Whole CouncilPresentation No. 7(2015)-2April 8, 2015
2015 Budget at a Glance Fiscal Impacts at a Glance Key Features of the Budget Historical Review of Property Taxes Historical Review of Debt & Reserves 2015 Draft Operating Budget 2015 Draft Capital Budget & Forecast Reserve, Reserve Funds & Forecasted Debt Ontario Regulation 284/09
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Net Levy increase for 2015
Tax increase for 2015
Capital Budget for 2015
10-Year Capital Forecast
3.4%
2.6%
$28M
$209M
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Contribution to Reserves in 2015
Increase in Forecasted Reserves after 10 years (includes Rate Supported Budgets)
External Debt Repayment in 2015
External Debt Reduction Forecasted over 10 years
Double A Credit Rating Maintained
-$51 M
$24 M
+$95 M
$5 M
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Guideline excluding Policing met: 1.7% Policing impact: 1.7% Tax rate increase: 2.6% (0.82% growth) Continued low tax increases Selected improvements to service levels Investments in capital maintained Fiscal position continues to improve over
10-year forecast
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2011 2012 2013 2014 2015Net Levy Increase Before
Assessment Growth 2.4% 2.0% 1.0% 1.8% 3.4%
Net Levy Increase AfterAssessment Growth 1.0% 1.5% 0.4% 1.2% 2.6%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
Average Tax Levy Increase (2011-2015) = 1.3%
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2007 2008 2009 2010 2011 2012 2013 2014Est
External Debt ($000) 113,190 107,868 107,501 99,505 98,398 92,561 86,649 81,198Operating & Capital
Reserves ($000) 36,803 46,541 47,006 51,348 50,984 65,598 73,569 76,737
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
Pages 1 – 25 of the Treasurer’s Report
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Department2015 Net
Levy Increase
Department Yr-over-YrIncrease %
Net Levy Impact
Corporate Services $1,497,000 6.4% 2.33%Non-Program 230,700 8.8% 0.36%Transportation & Locks 185,800 0.8% 0.29%Environment 46,400 1.5% 0.07%Community Services 322,200 4.0% 0.50%Planning & Economic Development (88,300) (3.1%) (0.13%)Net Levy Impact 2,193,800 3.42%Assessment Growth (539,500) (0.82%)Net Levy Impact After Growth $1,658,300 2.58%
1% levy = $641.4 k Net Levy below guideline of 3.0%
2.58% levy increase = $14.19/household (est. based on average assessment of $200,000)
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($300,000) ($100,000) $100,000 $300,000 $500,000 $700,000 $900,000 $1,100,000
Finance ServicesFacility ServicesFleet Operations
Office ServicesElected Officials
Property AssessmentInformation Technology
Health UnitFire
Veterinarian AssistanceHospital Financing
Emergency PlanningCorporate Administration
Human ResourcesLegal Services
Ambulance ServicesAdministration/CAOProvincial Offences
Non-ProgramContinuous Improvement Unit
Police Services
2015 Net Levy Change from 2014 Budget
PoliceAmbulanceProperty AssessmentHealth Unit
84% of CES Levy =
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($200,000) ($100,000) $0 $100,000 $200,000 $300,000
Traffic
Stormwater Management
Roads Administration
Structures - Bridges & Culverts
Port Carling Locks
Maintenance & Drainage
Roads - Paved
Winter Control
2015 Net Levy Change from 2014 Budget
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$0 $100,000
Environment Financing
Hauled Sewage Operations
2015 Net Levy Change from 2014 Budget
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($400,000) ($300,000) ($200,000) ($100,000) $0 $100,000 $200,000 $300,000
Ontario Works FinancialHomelessness Prevention
Children's ServicesPines Debt
LHIN & AccessibilityCommunity Development Initiatives
Ontario Works ProgramsAffordable Housing
Pines OperationsCommunity Housing
2015 Net Levy Change from 2014 Budget
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($400,000) ($300,000) ($200,000) ($100,000) $0 $100,000 $200,000 $300,000
Planning & Policy
Geomatics
911 Civic Addressing
Economic Development & MTMA
Water Strategy
Airport
2015 Net Levy Change from 2014 Budget
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2014 Budget
2015 Base
Budget
OPP Policing Change
2015 Service Level
Changes
2015 Total
BudgetTotal Operating Costs $85,080,133 $86,975,546 $1,124,706 $512,924 $88,613,176
Total Finance Charges/Reserves 26,218,853 25,789,417 3,750 25,793,167
Total Net Internal Service Charges (4,435,430) (3,161,790) (4,268) (3,166,058)
Total Expenditures 106,863,556 109,603,173 1,124,706 512,406 111,240,285
Total Revenues (42,720,883) (44,657,550) (39,355) (206,950) (44,903,855)
Net Levy $64,142,673 $64,945,623 $1,085,351 $305,456 $66,336,430
Year-over-Year $ Increase 802,950 1,085,351 305,456 2,193,757
Year-over-Year % Increase 1.25% 1.69% 0.48% 3.42%
ItemAmount at
Risk$
Levy Impact %
Provincial Offences Fines 134,000 0.2%
Ambulance Contract Costs 323,000 0.5%
Transportation Budget 243,000 0.4%
Affordable Housing 205,000 0.3%
Gapping (64,000) (0.1%)
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Division Request 2015 FTE
Expenditure Impact
$
Net Levy
Impact $
Elected Officials Increase Conferences 8,000 8,000
Administration/CAO
Increase 1.0 FTE for Records Management capital project (18-month term)
0.75 0 0
Memberships: Eliminate OMBI and add Federation of Canadian Municipalities
(3,200) (3,200)
Increase Consulting for thorough review of Council's Strategic Priorities.
35,000 35,000
Increase 1.0 FTE for an 18-month term for a Manager of Communications
0.66 55,206 55,206
Human Resources
Increase 0.2 FTE to support The Pines management
0.20 0 0
Increase 0.2 FTE on a temporary basis to assist the Township of Georgian Bay
0.20 10,000 0
IT Services Recovery from District Housing Stock for additional computer required
(5,120) (5,120)
Legal Increase for software purchase and training 8,000 8,000
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Division Request 2015 FTE
Expenditure Impact
$
Net Levy
Impact $
Ontario Works
Increase 1.0 FTE Administrative Support 0.66 37,100 18,550Increase 1.0 FTE Case Manager 0.66 51,100 25,550 Increase 1.0 FTE until March 31/2015 for Social Assistance Management System (SAMS)
0.10 8,100 0
Purchase a dedicated van for Community Engagement and Social Enterprise programs
39,500 19,750
Increase 0.3 FTE Case Aide for CommunityEngagement
0.20 11,200 5,600
Homelessness Prevention
Increase 3 part time Community Outreach Worker positions
1.50 99,500 0
Community Housing
Increase 1.0 FTE Administrative Support position 0.66 62,120 42,220
Affordable Housing
Increase of 0.2 FTE to existing 0.5 FTE Case Aide position
0.20 11,200 11,200
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Division Request 2015 FTE
Expenditure Impact
$
Net Levy Impact
$
PinesOperations
Increase 0.5 FTE Assistant Director of Care position
0.35 41,600 41,600
Increase for attendance improvement initiatives 0.44 24,100 24,100 Increase for Dietician contracted service to meet Ministry guidelines
0.05 6,000 6,000
Increase support from District's Human Resources division, partially offset by a reduction in the Extendicare management fee
13,000 13,000
Total 6.63 512,406 305,456
Item Amount $
Levy Impact %
Eliminate Manager of Communications (SLC) 55,206 0.09%Eliminate review of Council's Strategic Priorities (SLC) 35,000 0.05%Eliminate Paid Duty Policing 83,000 0.13%Eliminate Students that assist with Marine Patrol 15,000 0.02%Eliminate Subscription to Crime Stoppers 9,900 0.02%Reduce Hospital Levy from $400,000 to $300,000 100,000 0.16%Eliminate the Pay it Forward program 35,000 0.05%Reduce Budget for Seniors Programs 21,500 0.03%Eliminate the Muskoka Futures grant request 10,000 0.02%
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Standing Committee Program Page
Net Levy Increase/
(Decrease)Corporate & Emergency Services
Policing: Reduce Paid Duty Policing CES 63 ($83,000)
Engineering & Public Works
Transportation: Increase transfer to Roads Capital Reserve
TRANSP 17
640,000
Community Services
Ontario Works Programs: Increase grant funding for Social Assistance Management System (SAMS) implementation
CS 17 (61,900)
Ontario Works Programs: Increase Personnel for SAMS implementation
CS 17 61,900
Total Net Levy Impact 0.87% $557,000
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Standing Committee Program Page
Net Levy Increase/
(Decrease)
Corporate & Emergency Services
Policing: Increase 2015 budget from $11,879,748 to $12,077,519 based on the 2015 Billing Statement Adjustment received.
CES 63 $197,771
Total Net Levy Impact including Amendments from Standing Committees
1.18% $754,771
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Pages 26 – 33 of the Treasurer’s Report
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Gross Capital RequestRoads $14,999,000
Airport 7,605,000
Ambulance Services 2,749,700
Hauled Sewage 915,000
General Administration 786,400
Community Housing 490,000
Fleet 222,000
Port Carling Locks 210,000
Planning 50,000
Community Services 0
Total $28,027,100
Funding Sources
Reserves/Reserve Funds $25,105,020
Development Charges 877,830
External Funding 578,500
Debentures 0
Grants 1,465,750
Total $28,027,100
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Gross Capital RequestRoads $167,187,000
Airport 8,865,000
Ambulance Services 8,833,700
Hauled Sewage 7,450,000
Fleet 6,806,000 General Administration 3,372,300
Port Carling Locks 2,990,000
Community Housing 2,135,000
Community Services 900,000
Planning 870,000
Total $209,409,000
Funding SourcesReserves/Reserve Funds $191,179,370
Development Charges 14,512,880
External Funding 1,023,500
Infrastructure Deficit 1,227,500
Grants 1,465,750
Total $209,409,000
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Corporate & Emergency Services (page CES 81)
◦ Project 130116: Parking/Landscaping Reduced expenditure from $175,000 to $10,000 for
Parking Study to be completed in 2015
◦ Project 530001: Ambulance Station Bracebridge Deferred $2.1 million expenditure from 2015 to 2016
to coincide with expected construction
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Corporate & Emergency Services (page CES 82)
◦ Project 530019: Defibrillators Software Upgrade Eliminate project thereby reducing expenditure from
$204,000 to $0 in 2015
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Pages 34 - 41 of the Treasurer’s Report
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0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
2015 2016 2019 2024
Projected Uncommitted (Overcommitted) Fund Balances
Capital Funds Development Charge Funds Operating Funds
Debt to Reserve Ratio Projection
2015 2016 2017 2018 2019
Reserves ProjectedEnding Balance ($000)* 57,211 62,499 65,364 73,417 80,490 Outstanding ExternalDebt Forecast ($000) 75,571 71,339 66,973 62,465 54,667 Projected Debt to Reserve Ratio 1.3 1.1 1.0 0.9 0.7
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* Includes General and Rate Supported Reserve Funds (both operating and capital)
Debt to Reserve ratio ranges from 0.3 to 2.0 for the other upper-tier municipalities
The 2015 Draft Tax Supported Budget has been prepared excluding:◦ Amortization: Estimated at $15.5 million; and
◦ Post-employment benefits: nominal
Net surplus with Full Accrual Budgeting:◦ $13.2 million
Conclusion: contributions to reserves are in excess of amortization
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