HALDIMAND COUNTY 2018 Tax Supported Operating Budget Committee of the Whole March 7, 2018
Council Approved Budget Guidelines When establishing/approving the annual budget guidelines, a four year projection (2015 to 2018) was provided to understand future budget pressures. 2018 guidelines were approved as highlighted below: Total Residential Property Tax Impact of 1.50% after use of: “Assessment growth”, and “Education tax room” New Initiatives for new/enhanced services should only be considered during the budget review if the net levy impact can be mitigated on a consolidated, corporate wide basis. Funding for Council approved New Initiatives would be considered above and beyond the base budget requirements. Separate report was presented to Council to review and approve Fees and Charges (December 2017) 2018 Draft Budget
“Unbudgeted Expenditures” Municipal Act provides ability to not budget for specific expenditures: Amortization of Capital Assets: No specific costs related to annual amortization of County’s assets; does include “contributions” to Capital replacement Reserves County has a multi-year financing plan to address potential funding shortfalls Post Employment Benefits: Includes WSIB, sick leave payouts and benefit payouts after active employment The County has sufficient budget to accommodate current required sick leave and benefit payouts (actuarial liability indicates shortfall); draft budget includes increased WSIB contributions to partially address estimated shortfall Solid Waste Landfill Closure and Post-Closure Costs: Includes PV of future costs to maintain landfill sites Capital and Operating post closure costs have been included in the 2018 budget based on projected annualized costs 2018 Draft Budget
Major Drivers 2018 2018 Levy Impact Increase/(Decrease) $ % Municipal Levy (prior year) 61,268,870 Major Drivers: Levy Increases: 713,570 General wage/benefit increases 1.16% 612,690 Capital Levy Increase 1.00% 368,920 Bill 148 impacts 0.60% 300,000 WSIB Self-insurance increase for PTSD claims & VFF presumptive liability, legislative changes 0.49% 322,690 OPG Taxation; PIL assessment increases 0.53% 300,000 Winter Control contracted services (based on five year average) 0.49% 166,740 Solid Waste (mainly leachate treatment and haulage) 0.27% 286,250 Council Approved Initiatives - staffing related (net of applicable funding) 0.47% 116,840 Council Approved Initiatives - other (net of applicable funding) (pre-2018 budget approval) 0.19% 456,920 New/Enhanced Service Initiatives - staffing related (net of applicable funding) 0.75% 222,790 New/Enhanced Service Initiatives - other (net of applicable funding) 0.36% Levy Decreases: (295,300) Ontario Municipal Partnership Fund unconditional grant increase -0.48% (243,200) Social Assistance Provincial Uploading Net of Caseload #/$ Increase (final year of upload) -0.40% (227,920) Policing -0.37% (150,980) Provincial funding for Grandview and Land Ambulance -0.25% (134,540) Engineering and Planning Fees increase due to development projections -0.22% (326,950) Base adjustments - other -0.53% Municipal Levy Increase $ 2,488,520 4.06% Draft Municipal Levy $ 63,757,390 Less: Estimated Assessment Growth -2.29% Less: Estimated Education Tax Room -0.52% Total Estimated Residential Tax Rate Impact 1.25% 2018 Draft Budget
Assessment & Tax Impacts Year 2015 2016 2017 2018 Avg. Municipal Levy 4.33 3.76 2.77 4.06 3.73 Increase (%) Assessment 0.74 1.12 0.91 2.29 1.26 Growth ($) Education Tax 0.80 0.44 0.38 0.52 0.54 Room (%) Tax Impact 2.79 2.20 1.48 1.25 1.93 (%) 2018 Draft Budget
Impact on Average Residential Home 2017 2018 PROPERTY TAXES $3,129 PROPERTY TAXES $3,168 ASSESSED VALUE $245,900 ASSESSED VALUE $256,400 INCREASE $39 OR 1.25% (APPROX. $3.26/MONTH) 2018 Draft Budget
Other Factors Impacting Property Taxes Impacts on Property Taxes: Assessment Changes/Shifts Education Tax Rates Municipal Levy Requirements Tax Policy Decisions Tax Ratios – shift burdens to other classes (typically residential) Council approved phase-out of reductions for vacant industrial/commercial sub-classes Amendments to collectors role (i.e. assessment changes) 2018 Draft Budget
Average Residential Tax Bill - Allocation by Services Based on 2018 Draft Tax-Supported Operating Budget 2018 Assessment = $256,400 / Total Taxes = $3,168 21.3% Capital Levy 14.6% Roads Maintenance & Winter Control 13.8% Education Property Taxes 8.4% Police 7.3% Governance/Corporate Support/Financing 5.9% Fire 5.5% Facilities and Parks Operations 5.2% Garbage & Recycling 3.4% Ambulance 2.0% Grandview Lodge 1.6% Libraries 1.3% Uncontrollable Social Housing 1.2% Public Health Services Controllable 1.2% Social Assistance & Child Care 1.2% Tourism & Economic Development 1.2% Roads Engineering & Construction 1.1% By-law, Animal Control & Crossing Guards 1.1% Planning & Development 0.8% Municipal Property Assessment Corp. 0.6% Conservation Authorities 0.5% Community Development & Partnerships 0.5% Heritage & Culture 0.3% Municipal Drains & Storm Sewers $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 2018 Draft Budget
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