Draft 2020 Budget Date: November 20, 2019 Presented by: Jeff Schmidt, CPA, CGA, BAS Chief Administrative Officer
Agenda 2020 Consolidated Budget 2020 Draft Tax Supported Operating Budget 2020 Draft Water Rate Supported Operating Budget 2020 Draft Wastewater Rate Supported Operating Budget 2020 Draft Capital Budget & Ten Year Capital Plan New Initiatives in 2020 (Program Changes) Budget Timelines Items for Council’s Consideration 2
2020 Consolidated Budget Gross Gross Net Tax Levy Budget Expenditures Revenues Surplus Tax Supported Operating $20.9M $21.0M $95,442 Water Rate Supported Operating 3.2M 3.2M - Wastewater Rate Supported Operating 1.6M 1.6M - 2020 Capital 18.7M 18.7M - Total $44.5M $44.6M $95,442 1% Tax increase in 2020 equates to $132,451 2020 Proposed Tax Levy Increase (Township Only) 0.00% (this excludes program changes) 3
Policing Charge All properties in the Township are currently charged a policing charge on their property tax bill. 2019 Charge: $240 per property (except farmland properties) $120 per farmland/managed forest property Proposed 2020 Charge: Same as 2019 4
Impact on Average Residential Property 2019 2020 Increase Increase $ % Township of Springwater $1,638.00 $1,638.00 $0.00 0.00 Portion County of Simcoe Portion 1,335.92 1,362.64 26.72 2.00 Education Portion 770.91 770.91 - - Total Property Taxes $3,744.83 $3,771.55 $26.72 0.71 Policing Charge 240.00 240.00 - - Total Tax Bill $3,984.83 $4,011.55 $26.72 0.67 Figures above exclude program changes Blended Tax Average Residential Assessment (MPAC) - $478,826 Increase 5
Breakdown of Residential Property Tax Bill 6
2020 Water & Wastewater Operating Budgets Water Rate $ Wastewater $ Supported Rate Supported Operating Operating Budget Budget Gross Expenditures $2,556,862 Gross Expenditures $1,632,539 Gross Revenues $3,223,182 Gross Revenues $1,468,840 Transfer to/(from) Transfer to/(from) $666,320 ($163,699) Reserve Fund Reserve Fund 7
Impact on Typical Residential User 2019 2020 Increase Increase $ % Water (Base + Volume) $597.91 $597.91 - - Wastewater (Base + Volume) 872.43 909.69 37.26 4.3% Total Water & Wastewater $1,470.34 $1,507.60 $37.26 2.5% Total per month $122.53 $125.63 $3.10 2.5% Average residential user consumes 220 m3 per year 8
2020 Draft Capital Budget 9
2020 Draft Capital Budget 10
Draft Ten Year Capital Plan 11
Draft Ten Year Capital Plan 12
Program Changes/New Initiatives Revenues Net Tax Net Tax Gross Program Change / Impact Impact Exp. Savings $ % Public Works Assistant $55,395 $55,395 - - Outdoor Maintenance Worker – Convert 73,633 - $73,633 0.56 Contract to Permanent Full Time Outdoor Maintenance Worker – New 49,170 - 49,170 0.37 Permanent Full Time Park Maintenance Casual Attendants (2) 65,030 24,625 40,405 0.31 SSEA – Sustainable Severn Sound 13,764 - 13,764 0.10 Library – Child & Youth Coordinator 66,653 - 66,653 0.50 Library – Emerging Tech. Coordinator 48,875 - 48,875 0.37 Total $372,520 $80,020 $292,500 2.21 13
Impact on Average Residential Property 2019 2020 Increase Increase $ % Township of Springwater $1,638.00 $1,662.37 $24.37 1.49 Portion County of Simcoe Portion 1,335.92 1,362.64 26.72 2.00 Education Portion 770.91 770.91 - - Total Property Taxes $3,744.83 $3,795.92 $51.09 1.36 Policing Charge 240.00 240.00 - - Total Tax Bill $3,984.83 $4,035.92 $51.09 1.28 Figures above include all program changes Blended Tax Average Residential Assessment (MPAC) - $478,826 Increase 14
Budget Timelines November 20, 2019 (Regular Council Meeting): Draft 2020 Consolidated Budget officially tabled November 25, 2019 (Special Council Meeting) Budget Deliberation Meeting #1 November 27, 2019 (Special Council Meeting) Budget Deliberation Meeting #2 15
Budget Timelines December 2, 2019 (Special Council Meeting): Budget Deliberation Meeting #3 December 9, 2019 (Special Council Meeting): Budget Deliberation Meeting #4 December 11, 2019 (Special Council Meeting): Budget Deliberation Meeting #5 (tentative) December 18, 2019 (Regular Council Meeting): Adoption of 2020 Consolidated Budget (tentative) 16
Items for Council’s Consideration THAT: The Draft 2020 Tax Based Operating Budget; Draft 2020 Water Operating Budget; Draft 2020 Wastewater Operating Budget; and the Draft 2020 Capital Budget as presented, be referred to the Special Budget Meetings of Council for deliberation and consideration; and That the 2020 policing charge remain at $240 per property for all properties except for farmland and managed forest properties which will be charged $120 per property. 17
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