2019 Budget
Assessment Summary • Current Value Assessment in 2019 - 2,582,931,268 Increase of 4.47% - year over year Class Description Total Percentage Percentage Assessment of Total Change of Taxable Increase RT Residential 2,456,900,765 97.71% 4.00% FT Farmland 17,798,890 0.70% 0.07% TT Managed Forest 16,210,554 0.64% 0.08% CT Commercial 18,292,343 0.73% 0.02% IT Industrial 5,593,937 0.22% -0.02% E Exempt 68,134,779 Not Taxable
Growth Overview • Growth 1.6% - 2018 Original Phase-In Assessment Compared to - 2018 Year End Phase-In Assessment Details Net Assessment Growth ($) 2018 Taxable Residential Classes 40,205,371 Taxable Commercial/Industrial Classes -1,332,858 Exempt Total 2018 Net Assessment Growth Increase 38,872,513 2018 Original Assessment January 1, 2018 - 2,472,349,247 2018 Year End Assessment December 31, 2018 - 2,511,221,760
2019 Tax Levy Pressures Impacts From Capital • Continued work on Beaver Lake Road – 3 km • Reconstruction of Woodland Trail/Court – 1 km • Uncertain Provincial Grant amount for 2019 (OMPF) New Services • New Supervisor for Public Works • Audit Program Funding – to find future efficiencies
Cost Savings • Waste haulage costs down $150,270.27 between 2016 and 2018 due to process changes. 2019 haulage budget greatly reduced • Hydro costs under budget in 2018 by $17,000.00 so budgets lowered for 2019 • By-Law enforcement costs down $23,622.44 between 2016 and 2018 due to third party contract. 2019 by-law enforcement budget reduced
Decreased O.P.P. Costs • Costs down $12,694.00 or 0.74% for a total estimated billing of $1,704,215.00 or $242.32 per household for 2019 (7033 households in total) • Calls for service down due to a drop in the four year average for calls requiring the attendance of an officer. Decrease in service calls of 44 for 2019 billing • No budgeted revenue for Prisoner Transportation Grant – Provincial Government review underway for continuing expenditure management
Municipality of Trent Lakes 2019 Municipal Levy $9,630,998.91 2018 Municipal Levy $9,159,550.03 2019 Municipal Levy 5.15% Increase
Total 2019 Municipal Budget 2018 Budget 2019 Budget $13,999,386.71 $13,122,596.43
Municipal Budget Apportionment 13.75 General Government 23.01 Other Protection Services Roads 19.24 8.94 Parks and Recreation Fire Capital 5.49 29.57
2019 Overall Revenue Sources Supps/Omits $100,000 Reserves $830,131 Aggregate Rebate $80,000 Tipping Fees $109,620 Penalty and Interest $170,000 Sources Investment Income $140,983 User Fees $646,161 Other Revenue $37,630 Grants $1,377,073 Taxation $9,630,998.91
Tax Versus Non-Tax Revenue 26.62 Tax Non-Tax 73.38
Municipal Expenditures Capital Budget 2018 Budget 2019 Budget 2019 Tax Levy $4,419,376.97 $3,019,415.62 $1,179,526.86 Includes: • Road reconstruction and resurfacing • Rolling stock and equipment replacement • Building and land improvements • IT replacements
Municipal Expenditures General Government 2018 Budget 2019 Budget 2019 Tax Levy $1,635,309.67 $1,803,937.49 $1,117,899.78 Includes: • Strategic Facilities Plan – Reserves DC • Council costs • Administrative costs • Audit Program Services • Community Improvement Plan • Medical Centre costs
Municipal Expenditures Other Protection Services 2018 Budget 2019 Budget 2019 Tax Levy $2,508,261.50 $2,524,860.92 1,924,621.67 Includes: • O.P.P. Levy $1,704,215.00 • Administration/Legal Fees • By-Law Enforcement • Building Inspections • Land Use Planning • Conservation Levy • Septic Inspection Program
Municipal Expenditures Administration/Building Department Capital Expenses-$30,430.76 Includes: • New phones – Municipal Office • Server at Buckhorn Regional Health Centre - Donated funds from BRHC Reserve • IT replacements as scheduled
Municipal Expenditures Fire & Rescue Services 2018 Budget 2019 Budget 2019 Tax Levy $ 1,108,341.64 $1,172,635.64 $1,134,135.64 Includes: • Administration Costs • Internal Financing Repayment • Fire Hall & Equipment Costs • Fire Master Plan - DC Reserves/Tax • Emergency Planning • Training & Occurrences
Municipal Expenditures Fire & Rescue Services Capital Expenses-$240,848.57 Includes: • Pick-up – Unit 42 • ATV – Unit 34 • Boat Trailers - Units 27 and 37 • Future asset replacements
Municipal Expenditures Public Works 2018 Budget 2019 Budget 2019 Tax Levy $ 3,749,463.55 $3,880,885.76 $3,586,653.96 Includes: • Road maintenance • Vehicles & equipment maintenance • Administrative costs • Environmental services • Snow plowing, sanding & salting
Municipal Expenditures Public Works Capital Expenses-$2,441,836.29 Includes: • Surface Treat and Gravel Resurfacing • Beaver Lake Road and Woodland Trail/Court • Fencing and Security Transfer Stations • 3/4 ton and Tandem • Loader • Future replacement funds
Municipal Expenditures Environmental Services 2018 Budget 2019 Budget $675,613.00 $621,063.60 Includes: • All Transfer Site Operation Costs • Post-Closure Monitoring/Closure Costs • Recycling Programs • Administrative Costs • Waste Haulage
Municipal Expenditures Parks, Recreation, Culture & Heritage 2018 Budget 2019 Budget 2019 Tax Levy $578,633.38 $720,861.00 $688,161.00 Includes: • Grants and operating costs for all halls • Recreation facilities/parks/beaches • Library Levy is $ 168,286.00 in 2019 • Includes Buckhorn Rink-Portion of costs offset by rink board advertising revenue
Municipal Expenditures Water Testing 2018 Budget 2019 Budget $2400.00 $2000.00 Service required under Regulation 170/03 • Testing at all Municipally owned Facilities
Municipal Expenditures Parks & Recreation Capital Expenses-$252,300.00 Includes: • Cavendish Rink Refurbishment – Trillium Grant $80,900.00 • Land and Building Improvement Halls/Parks • Water system/generator repair Galway Hall • Future capital replacements
Total per 100,000 of Residential Assessment 2018 2019 Increase $383.20 $386.30 $3.10
Tax Rate Comparison Municipal Tax Rate: 2018 Municipal Rate - 0.003832 2019 Municipal Rate - 0.003863 Increase in rate of 0.81%
Homeowner Impact Trent Lakes Tax Rate Only $1,413.47 $1,456.75 $ 43.28 2019 2018 $11.43 due to $31.85 due to phase-in levy increase assessment increase Average assessed value provided by MPAC in the Residential Class in 2019 is $377,102.53 (up from $368,858.87 in 2018). Above total does not include County and Education amounts.
Tax Levy Services Received by Residents In Trent Lakes Based on $1,456.75 Paid by Average Property Owner Excluding County and Educational Services Protective Services Roads, Bridges and Governance and Culverts Administration Policing costs 176.90 km Surface Council and legislative Bylaw enforcement treated roads administration Preparation of Official 104.87 km Gravel roads General administration Plans and Planning Policies 7.15 km Asphalt Financial, audit, and property tax services Professional 7691m Culverts recommendations on land Human Resources and 7m Bridge use payroll Winter control services Building permits and Strategic Facilities Plan 4 Transfer stations ensuring compliance with Medical Centres Ontario Building Code Fleet repair, fuel, and Community maintenance Animal control Improvement Plan Roadside mowing Conservation Levy Audit service program 3 Depots Septic Inspection Program Costs insurance/legal $169.13 $291.06 $542.79 annually annually annually
Tax Levy Services Received by Residents In Trent Lakes Based on $1,456.75 Paid by Average Property Owner Excluding County and Educational Services Fire and Emergency Parks & Recreation & Capital Programs Planning 911 54 staff-(4 full-time and 911 system maintenance Infrastructure funding for 50 Volunteers) 4 Beaches roads and facilities Fire occurrences, 2 Outdoor rinks Renewal and replacement prevention, and training of fleet 4 Community halls 4 Fire stations Renewal and replacement 2 Libraries Emergency Planning of technology Parks 17 Emergency vehicles Streetlight upgrades Boat launches CKL Agreement Building and land Cemeteries improvements Fire equipment Community grants Asset management Dispatch and Water testing communications Facility inspections Public education events $104.16 $171.61 $178.00 annually annually annually
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