2018 Budget
Assessment Summary • Current Value Assessment in 2018 - 2,472,349,247 Increase of 3.65% Class Description Total Percentage Percentage Assessment of Total Change of Taxable Increase RT Residential 2,354,576,396 97.79% 3.50% FT Farmland 15,482,595 0.64% 0.07% TT Managed Forest 13,018,922 0.54% 0.08% CT Commercial 19,148,778 0.80% 0.02% IT Industrial 5,478,344 0.23% -0.02% E Exempt 64,644,212 Not Taxable
Growth Overview • Growth 0.70% - 2017 Original Phase-In Assessment Compared to 2017 Year End Phase-In Assessment Details Net Assessment Growth ($) 2017 Taxable Residential Classes 22,468,822 Taxable Commercial/Industrial Classes - 1,475,531 Exempt -5,176,807 Total 2017 Net Assessment Growth Increase 15,816,484 2017 Original Assessment - 2,385,216,375 2017 Year End Assessment - 2,401,032,859
What Is Affecting The 2018 Budget • Funding being set aside for future tangible capital asset replacement • Continued work on Beaver Lake Road – 3 km • Election costs • Community Improvement Plan work continues • Centralized Depot studies on-going • Energy Reduction requirements under Ontario Reg. 397/11-Facility improvements in budget • Bill 148 Changes
Bill 148 Fair Workplaces, Better Jobs Act, 2017 Estimated Impact - $47,165.00 New Requirements Estimated Impact in 2018 Minimum Wage Increase - $14/hour $1,003.20 Impacts Volunteer Firefighters for recruits Vacation Pay Increase - 6% after 5 years $2,508.41 of service Impacts Volunteer Firefighters and Library staff Personal Emergency Leave Days – 2 $32,714.02 paid days and 8 unpaid days If all employees utilize this leave Public Holiday Pay – Based on regular $11,479.44 wages/days worked previous pay Equal Pay for Casual, Part-Time, Already comply with this provision Temporary and Seasonal Staff
Cost Savings Included • Insurance costs down $30,165.00 or 16% due to insurance carrier switch • Waste haulage costs down $81,596.00 between 2016 and 2017 due to process changes. 2018 haulage budget greatly reduced • Closed Landfill Site monitoring budgets reduced by $45,000.00 due to awarding of RFP in 2017 • Hydro and heating fuel budgets down $9000.00 due to savings from energy upgrades and hydro credits
Decreased O.P.P. Costs • Costs down $16,800.00 or 0.97% for a total estimated billing of $1,716,909.00 or $244.96 per household for 2018. 7002 Households in total • Call for service down due to a drop in the four year average for calls requiring the attendance of an officer • Household counts up 21 however vacant land and communication towers have been removed from property count making a net property count increase of 15 for Trent Lakes
Septic Re-Inspection Program Year 3 • Continued proactive step on behalf of municipality and citizens to protect the environment and reduce the risk of drinking water, ground water and nearby waterway contamination. Budget includes 300 inspections in 2018 • Inspections taking place by Peterborough Public Health with different target areas inspected annually • Action will reduce blue-green algae blooms which can be caused from leaching septic systems that elevate levels of nutrients • Encouraged by Ministry of Environment and Climate Change and part of Trent Lakes Strategic Plan
Municipality of Trent Lakes 2018 Municipal Levy $9,159,550.03 2017 Municipal Levy $8,714,311.85 2018 Municipal Levy 5.11% Increase
Total 2018 Municipal Budget 2017 Budget 2018 Budget $15,242,884.14 $13,999,386.71
Municipal Budget Apportionment 11.68 General Government Other Protection Services 31.57 17.92 Roads Parks and Recreation Fire 7.92 Capital 26.78 4.13
2018 Overall Revenue Sources Reserves $1,868,204 Aggregate Rebate $80,000 Tipping Fees $111,150 Penalty and Interest $171,000 Sources Investment Income $112,999 User Fees $631,256 Other Revenue $43,030 Grants $1,747,198 Taxation $9,234,550.03
Municipal Expenditures General Government 2017 Budget 2018 Budget $1,620,650.00 $1,635,309.67 Includes • Council Costs • Administrative Costs • Election Costs • Community Improvement Plan • Medical Centre Costs
Municipal Expenditures con’t Fire & Rescue Services 2017 Budget 2018 Budget $ 1,021,913.40 $1,108,341.64 Includes • Administration Costs • Internal Financing Repayment • Fire Hall & Equipment Costs • Emergency Planning • Training & Occurrences
Municipal Expenditures con’t Other Protection Services 2017 Budget 2018 Budget $2,370,477.00 $2,440,808.75 Includes • O.P.P. Levy $1,716,909.00 • Administration/Legal Fees • By-Law Enforcement • Building Inspections • Land Use Planning • Conservation Levy $68,593.00 • Septic Inspection Program
Municipal Expenditures con’t Public Works 2017 Budget 2018 Budget $ 4,574,135.06 $3,749,463.55 Includes • Road Maintenance • Vehicles & Equipment Maintenance • Administrative Costs • Environmental Services • Snow plowing, sanding & salting
Municipal Expenditures con’t Water Testing 2017 Budget 2018 Budget $2825.00 $2400.00 Service required under Regulation 170/03 • Testing at all Municipally owned Facilities
Municipal Expenditures con’t Environmental Services 2017 Budget 2018 Budget $865,075.00 $675,613.00 Includes • All Transfer Site Operation Costs • Post-Closure Monitoring/Closure Costs • Recycling Programs • Administrative Costs • Waste Haulage
Municipal Expenditures con’t Parks, Recreation, Culture & Heritage 2017 Budget 2018 Budget $446,915.24 $578,633.38 Includes • Grants and operating costs for all halls • Costs of all recreation facilities/beaches • Library Levy is $ 157,720.00 in 2018 • Includes Buckhorn Rink-Portion of costs offset by rink board advertising revenue
Municipal Expenditures con’t Public Works Capital Expenses-$2,279,341.55 • Surface Treat and Gravel Resurfacing • Beaver Lake Road and Riverside Drive • Studies for New Public Works Depot • Pick-Up and Tandem • New Float Trailer • Future replacement funds
Municipal Expenditures con’t Fire & Rescue Services Capital Expenses-$1,615,020.42 • 2 Tanker Trucks - $660,000.00 in Reserve Already Collected as Part of Previous Budgets • Self-Contained Breathing Apparatus and SCBA Filling station - $150,000.00 in Reserve already.
Municipal Expenditures con’t Parks & Recreation Capital Expenses-$393,400.00 • Furnaces at Cavendish Hall and Galway Hall - Canada 150/ Energy Reserve/Taxation • Land and Building Improvement Halls/Library • Equipment for Grass Cutting - now being completed in-house
Municipal Expenditures con’t Administration/Building Department Capital Expenses-$106,615.00 • Main Street Revitalization Grant spending • Dermatology Machine at BRHC - Donated Funds • Building Improvements – Municipal Office • IT Replacements • New TV for Council Chambers
Total per 100,000 of Residential Assessment 2017 2018 Increase $378.30 $383.20 $4.90
Tax Rate Comparison Municipal Tax Rate 2017 Municipal Rate-0.003783 2018 Municipal Rate-0.003832 Increase in rate of 1.29%
Homeowner Impact Trent Lakes Tax Rate Only $1413.47 $ 56.44 $1,357.03 2017 2018 $17.59 due to $38.85 due to phase-in budget increase assessment increase Average assessed value provided by MPAC in the Residential Class in 2018 is $368,858.87 (up from $358,718.71 in 2017). Above total does not include County and Education amounts.
Tax Levy Services Received by Residents In Trent Lakes Based on $1413.47 Paid by Average Property Owner Excluding County and Educational Services Governance and Protective Services Roads, Bridges and Administration Culverts Policing Costs Council and Legislative 176.90 km Surface Bylaw Enforcement Administration Treated Roads Preparation of Official General Administration 104.87 km Gravel Roads Plans and Planning Financial, Audit and Policies 7.15 km Asphalt Property Tax Services Professional 7691m Culverts Human Resources and Recommendations on 7m Bridge Payroll Land Use Winter Control Services Insurance and Legal Building Permits and Costs 4 Transfer Stations Ensuring Compliance with Ontario Building Code Medical Centres Fleet Repair, Fuel and Maintenance Animal Control Community Improvement Plan Roadside Mowing Conservation Levy Economic Development 3 Depots Septic Inspection Program Insurance/Legal Costs $296.97 $156.61 $538.25 annually annually annually
Tax Levy Services Received by Residents In Trent Lakes Based on $1413.47 Paid by Average Property Owner Excluding County and Educational Services Parks & Recreation & Capital Programs Fire and Emergency 911 Planning 53 staff-(3 Full-Time and 911 System Maintenance 50 Volunteers) Infrastructure Funding for 4 Beaches Fire Occurrences, Roads and Facilities Prevention and Training 2 Outdoor Rinks Renewal and 4 Fire Stations 4 Community Halls Replacement of Fleet Emergency Planning 2 Libraries Renewal and Replacement of 15 Emergency Vehicles Parks Technology Bobcaygeon Agreement Boat Launches Streetlight Upgrades Fire Equipment Cemeteries Building and Land Dispatch and Community Grants Improvements Communications Water Testing Asset Management Public Education Events Facility Inspections $169.90 $85.66 $166.08 annually annually annually
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