Draft Six Year Capital Plan & Draft 2015 Capital Budget Overview Special General Committee Meeting Monday January 12 th , 2015
Agenda Budget Process to Date/Timelines 1. Budget Development/Framework 2. Council Budget Direction 3. Draft Six Year Capital Plan 4. 2015 Draft Capital Budget 5. Financial Implications of 2015 Capital Budget 6. Debt 7. Reserves 8. Reserve Funds 9. 10. Development Charges 11. Items for Consideration 2
Budget Process To Date July 28, 2014 (Council Meeting): Council Budget Directions Report July 31, 2014 (Senior Management): Budget Kickoff August to October 2014: Staff prepared draft capital and operating budgets November 2014: Department budget meetings (Dept Head, CAO & Director of Finance) 3
Budget Process To Date December 10, 2014 (Special Council Meeting): Budget Educational Workshop December 2014/January 2015: Staff revised draft capital and operating budgets 4
Budget Timelines January 12, 2015 (Special Council Meeting): Draft Six Year Capital Plan and Draft 2015 Capital Budget January 14, 2015 (Special Council Meeting): Draft 2015 Operating Budgets (Tax, Water & Wastewater) February 2, 2015 (Regular Council Meeting): Revised Draft 2015 Consolidated Budget officially tabled February 17, 2015 (Regular Council Meeting): Adoption of 2015 Consolidated Budget 5
Council Budget Direction July 28, 2014 The 2015 Capital Budget will be prepared that considers: 1) The Township’s Asset Management Plan 2) The priority and need of the Township’s assets 3) Availability of financial and human resources to complete the work; and 4) Financial affordability of the Township 3
Budget Framework Proposed Consolidated Budget - includes Operating Budgets (Tax Based, Water & Wastewater), and Capital Infrastructure Requirements/Needs Capital Budget & Six Year Plan - includes expenditures that are required to build/maintain/replace the Township’s major infrastructure (Growth and R/R) - Roads, Bridges, Water, Wastewater, Fleet, Parks, Facilities, etc. Operating Budget (Tax Based, Water & Wastewater): - includes costs that are required to maintain existing service levels (core services) - includes new initiatives - salaries & benefits, contracted services, utilities, general operating costs 7
Capital Budget/Plan Focus on improving state of Township Infrastructure with no new debt being issued and no more than a modest tax increase and without cutting services. 8
9 (2015 - 2020) Six Year Capital Draft Plan
Six Year Capital Plan (Large projects and lasting infrastructure) The Six Year Capital Plan is for information, planning and funding purposes only. Staff reviews the Six Year Capital Plan on an annual basis and seeks approval of the first year, known as the Capital Budget. 10
11 Draft Six Year Capital Plan
12 Draft Six Year Capital Plan
Draft Six Year Capital Plan Key Projects Municipal Buildings: Gross Project # Department and Project/Item Expenditures 2014-07 Fire Station 2 – Replacement $2,100,000 2014-07 Fire Station 2 – Furnishings 50,000 2016-02 Security System Upgrades – Works yards, libraries, fire stns, & Arena 60,000 2020-01 Fire Station 4 – Hillsdale 1,315,000 Total Gross Expenditures – Municipal Buildings $3,525,000 13
Draft Six Year Capital Plan Key Projects Fleet & Equipment: Gross Project # Department and Project/Item Expenditures Various Fleet Replacement – Heavy Duty Tandem Trucks (2015 – 2020) $1,610,000 2015-05 Roadside Tractor 90,000 2015-06 Replace Yard 1 Grader 270,000 2015-11 Pumper Truck Addition 375,000 2016-03 Replaced Wheeled Excavator (2002) 120,000 2016-09 Replace Pickup #1 140,000 2016-10 Aerial Truck (100% DC) 750,000 2017-06 Plow Truck (100% DC) 235,000 2017-09 Utility Vehicle (C22 – Replacement) 150,000 14 2017-10 Refurbish Rescue 59 200,000
Draft Six Year Capital Plan Key Projects Fleet & Equipment: Gross Project # Department and Project/Item Expenditures 2018-01 Sidewalk Plow (100% DC) 140,000 2018-03 Replace Bulldozer (1988) 100,000 2019-02 Replace Tank #25 300,000 Total Gross Expenditures – Fleet & Equipment $4,480,000 15
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Resurfacing & Rehabilitation Projects): Gross Project # Department and Project/Item Expenditures 2015-13 Flos Rd 7E – Baseline Rd to Old Second North $150,000 2015-14 Flos Rd 4E – County Rd 27 to Hwy 93 550,000 2015-17 Grenfel Rd – Sunnidale Rd to Old Orchard 101,000 2016-11 Partridge Road – Old Second South to Hwy 400 210,000 2016-12 Nursery Road – 0.5km N of Hwy #26 to 3.5km N 370,000 2016-13 Hendrie Road – Hwy 26 to Vespra Valley Road 110,000 2016-15 Golf Course Rd – Hendrie Rd to 1.7km N 170,000 2016-16 Vespra Valley Rd – Hendrie Rd to Hwy 26 150,000 2016-20 Flos Rd 8W – County Rd 27 west to Usher Rd 105,000 2017-12 Pinegrove Rd – Sunnidale Rd to Old Orchard Rd 114,000 16
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Resurfacing & Rehabilitation Projects): Gross Project # Department and Project/Item Expenditures 2018-07 Wilson Dr – County Rd 22 to Hendrie Road $400,000 2018-08 Russell Road – Doran Rd to Forbes Rd 125,000 2018-10 Usher Rd – Flos Rd 8W to County Rd 92 140,000 2019-04 Flos Rd 4W – Vigo to Town limit 550,000 2019-10 Willow Landing Rd – Cedar Creek Rd to St. Vincent St. 130,000 2020-03 Carson Rd – Bayfield St to Anne St 175,000 2020-04 Baseline Rd – Flos Rd 8E to Flos Rd 7E 175,000 2020-05 Mill St W – Old Penetang Road to Old Second North 210,000 2020-06 Coughlin Rd – Horseshoe Valley to Rainbow Valley Rd (1.3km) 130,000 Total Gross Expenditures – Road Resurfacing & Rehabilitation $4,065,000 17
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Urban Road Reconstruction Projects): Gross Project # Department and Project/Item Expenditures Mill Street East – Penetanguishene Road to 100km east of Horne St, 2014-32 $360,000 Center St and Martin Lane (water line replacement) Mill Street East – Phase 2 – includes watermain replacement & 2015-18 2,370,000 sidewalks 2015-19 Kerr Street – Shaw St to Ritchie Crescent (Phase 1) 400,000 2015-20 Lawson Avenue – Stone St to Robinson Rd (includes watermain) 803,588 2015-21 Albert St E – Hwy 93 to east limit (0.9km) – First Phase 1,650,000 2015-22 St. Patrick’s Subdivision – First Phase 770,000 2015-23 Phelpston Rd – Flos Rd 4 E to St. Patrick’s Way (0.4km) 935,000 2016-21 Phelpston Rd – St. Patrick’s Way to Marl Creek Dr (0.3km) 656,000 2017-13 Yonge Street South – Train Ave N to Queen Street 600,000 2018-12 Kerr St – Yonge to Shaw St (Phase 2) 350,000 18
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Urban Road Reconstruction Projects): Gross Project # Department and Project/Item Expenditures 2018-13 Ronald Rd – East of George Johnston $800,000 2018-14 St. Patrick’s Subdivision – Phase 2 680,000 2019-15 Doran Rd – County Rd #27 to 0.3km east 600,000 2019-16 Houden St – Yonge to Patterson 240,000 2020-09 Albert St E – Hwy 93 to east limit (0.2km) – Second Phase 400,000 Total Gross Expenditures – Urban Road Reconstruction $11,614,588 19
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Rural Road Reconstruction Projects): Gross Project # Department and Project/Item Expenditures 2019-17 Flos Rd 8E – County Rd #27 to 2.0km east 100,000 20
Draft Six Year Capital Plan Key Projects Roads & Related Infrastructure (Gravel Rd Conversion to Hard Top): Gross Project # Department and Project/Item Expenditures 2019-19 Grenfel Rd – County Rd 90 to Sunnidale Rd $120,000 2020-11 Flos Rd 10W – County Rd #27 to County Rd #29 215,000 2020-12 Whetham Rd – Hwy 93 to Scarlett Line (1.3km) 300,000 2020-15 Flos Rd 8W – Crossland Rd to Vigo 104,000 2020-16 Rainbow Valley Rd – Coughlin to County Rd 29 129,000 2020-17 Atkinson Rd – Flos Rd 4 to Flos Rd 6W (2.7km) 220,000 Total Gross Expenditures – Gravel Rd Conversion to Hard Top $1,088,000 21
Draft Six Year Capital Plan Key Projects Wastewater Related Infrastructure: Gross Project # Department and Project/Item Expenditures 2014-52 Elmvale Lift Station – Wastewater $1,320,000 2015-27 Amelia St – installation of sanitary sewers 1,330,000 2015-28 Sewer Abatement program 600,000 Total Gross Expenditures – Wastewater $3,250,000 22
Draft Six Year Capital Plan Key Projects Parks & Recreation Projects: Gross Project # Department and Project/Item Expenditures 2014-53 Midhurst Skateboard Park $150,000 2015-30 Park Signage – Update Park Signage 225,000 2016-25 Accessible Playground 175,000 2017-14 Playground Upgrades (various locations) 120,000 2017-15 Splash Pad 200,000 Elmvale Arena Projects: 2016-27 Steel roof retrofit $325,000 Total Gross Expenditures – Parks & Recreation $1,195,000 23
24 Budget Capital 2015 Draft
Capital Budget (Large projects and lasting infrastructure) The Capital Budget includes funds that are required to build/maintain and replace the Township’s major infrastructure (i.e. roads, bridges, water, wastewater, fleet, etc.). 25
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