Region of Durham Finance Department Township of Scugog Presentation February 15, 2017
Property Taxation Overview 2017 Estimated Budget Property Taxes Expenditures Residential 57% Region Reassessment Local 27% Less Assessment 2017 -2020 Growth Education 16% Non-Residential Region 38% Local 19% 43% Education CVA Tax Rate Tax $ MPAC Assigned Municipal Calculation 2 February 15, 2017 Scugog Presentation
Reassessment – 1 st Year Phase-in (2017) 12.4% 11.0% 10.4% 7.5% 7.1% 6.8% 6.4% 3.9% 2.9% 0.9% CVA Changes -0.8% -2.7% -5.7% Region-wide Shopping Buildings Residential Multi-Residential Commercial Parking All Commercial (Residual) Industrial All Industrial Farmland All Properties All Properties Industrial (unweighted) (Residual) Centres Office Lots (weighted) Large by Class Commercial Industrial 5.2% 3.9% 3.8% 0.6% -0.4% -0.6% Regional Tax -2.7% -5.6% Impacts -7.1% -8.9% Region-wide -11.7% by Class Multi-Residential Shopping Buildings Parking All Commercial Industrial Residential Commercial (Residual) All Industrial Farmland Industrial (Residual) Centres Office Lots Large Commercial Industrial 3 February 15, 2017 Scugog Presentation
2017 Reassessment Frequency Distribution Properties by CVA Change 25.0% Scugog Region Average Average Region Scugog 5.6% 7.1% 20.0% Share of All Properties 15.0% 10.0% 5.0% 0.0% 0% or 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0% 15.0% >15% less 2017 CVA Change 4 February 15, 2017 Scugog Presentation
Redistribution of Region Property Tax ($m) by local municipality due to reassessment 2017 Average CVA Change 1 st Year Phase-In 2017 Regional Tax Shifts ($m) 8.1% 7.5% 7.5% 7.4% 7.1% 6.2% 5.6% 4.7% 4.3% Pickering $0.35 0.3% Ajax $0.57 0.5% Whitby $1.19 Taxable Properties based on MPAC Returned Roll 0.9% Oshawa $0.22 0.2% (0.7%) $0.55 Clarington Scugog (2.4%) $0.56 (3.2%) Uxbridge $0.86 Brock (3.4%) $0.36 5 February 15, 2017 Scugog Presentation
2017 Scugog Regional Reassessment Property Tax Impacts 11.4% -0.3% -1.2% -1.5% -2.2% -2.8% -2.9% -3.5% -3.5% -4.4% -4.8% -11.8% Semi Detached Seasonal 2nd tier Multi-Residential All Commercial All Industrial Single detached home Link home Single detached home Condominiums Seasonal 1st tier Residential Farmland not on waterfront on water on water on waterfront Residential Type Properties Property Classes 6 February 15, 2017 Scugog Presentation
2017 Regional Reassessment Tax Changes Frequency Distribution Region Residential 196,000 Decrease 16.6% 0% to 1% 14.6% 1% to 2% 27.8% 2% to 3% 26.7% 3% to 5% 12.5% 5% to 10% 1.7% Greater than 10% 0.1% 7 February 15, 2017 Scugog Presentation
2017 Regional Reassessment Tax Changes Frequency Distribution Region Residential 196,000 Decrease 16.6% 0% to 1% 14.6% 1% to 2% 27.8% 2% to 3% 26.7% 80,000 3% to 5% 12.5% Homes 5% to 10% 1.7% >2% Greater than 10% 0.1% 7 February 15, 2017 Scugog Presentation
2017 Regional Reassessment Tax Changes Frequency Distribution Region Residential 196,000 Decrease 16.6% 0% to 1% 14.6% 1% to 2% 27.8% 2% to 3% 26.7% 80,000 3% to 5% 12.5% Homes 5% to 10% 1.7% >2% Greater than 10% 0.1% Location of 80,000 Homes >2% 26,500 21,200 15,700 12,200 3,200 450 250 50 Pickering Ajax Whitby Oshawa Clarington Scugog Uxbridge Brock 7 February 15, 2017 Scugog Presentation
2017 Regional Reassessment Tax Changes Frequency Distribution Region Residential 196,000 Scugog Residential 7,150 Decrease 16.6% Decrease 73.6% 0% to 1% 14.6% 0% to 1% 17.6% 1% to 2% 27.8% 1% to 2% 4.6% 2% to 3% 26.7% 2% to 3% 1.6% 80,000 3% to 5% 12.5% 3% to 5% 1.2% Homes 5% to 10% 1.7% 5% to 10% 0.9% >2% Greater than 10% 0.1% Greater than 10% 0.5% Location of 80,000 Homes >2% 26,500 21,200 15,700 12,200 3,200 450 250 50 Pickering Ajax Whitby Oshawa Clarington Scugog Uxbridge Brock 7 February 15, 2017 Scugog Presentation
2017 Regional Reassessment Tax Changes Frequency Distribution Region Residential 196,000 Scugog Residential 7,150 Decrease 16.6% Decrease 73.6% 0% to 1% 14.6% 0% to 1% 17.6% 1% to 2% 27.8% 1% to 2% 4.6% 2% to 3% 26.7% 2% to 3% 1.6% 80,000 3% to 5% 12.5% 3% to 5% 1.2% Homes 5% to 10% 1.7% 5% to 10% 0.9% >2% Greater than 10% 0.1% Greater than 10% 0.5% Location of 80,000 Homes >2% Scugog Non-Residential 3,440 26,500 Decrease 47.5% 21,200 0% to 1% 3.2% 15,700 12,200 1% to 2% 2.2% 2% to 3% 2.4% 3,200 450 250 50 3% to 5% 3.8% Pickering Ajax Whitby Oshawa Clarington Scugog Uxbridge Brock 5% to 10% 14.8% Greater than 10% 26.1% 7 February 15, 2017 Scugog Presentation
2017 Budget Guideline Taxpayer • Reassessment Affordability & • Business Retention Competitiveness • Staffing Annualization of • Inflation 2016 Items • Contractual Maintain & • Prov. Regulations Increase Service • Prov. Legislative Levels • Operating & Capital P RIORITIZED A FFORDABLE B UDGET Committee of the Whole 8 February 15, 2017 Scugog Presentation
2017 Approved Regional Gross Budgets Property Tax Supported Budgets $1.14B All Revenues All Expenditures Health Paramedic 4% Services 4% Property Social Other Tax Services 15% 55% 32% Works (incl. Other Roads) 12% 11% Police Provincial 18% Subsidy Transit Provincial 17% 10% Upload 8% Reserves & Solid Waste Reserve 6% Funds Development 7% Charges 1% Total Regional Gross Budget Including Water & Sewer: $1.47B 9 February 15, 2017 Scugog Presentation
2017 Guideline Achieved 2017 Increase Tax Impact ($ millions) (per cent) Police Services 5.63 0.94 Conservation Authorities 0.13 0.02 Regional Operations and Other 15.16 2.53 Special Contributions 0.08 0.01 21.00 3.50 Assessment Growth (1.70) 2017 Net Property Taxpayer Impact 1.80 3.0% 2.5% Regional Taxable Weighted Assessment Growth 2007 to 2017 1.9% 1.7% 1.7% 1.6% 1.6% 1.4% 1.4% 1.4% Average Residential Home Impact $40 1.1% 2016 CVA - $362,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 10 February 15, 2017 Scugog Presentation
2017 Regional Taxation Average Single Family Detached Home (not on waterfront) CVA Change > 6.8% Reassessment Increase 2017 Reassessment Region Tax Average 6.8% CVA Change < 6.8% Reassessment Decrease 11 February 15, 2017 Scugog Presentation
2017 Regional Taxation Average Single Family Detached Home (not on waterfront) CVA Change > 6.8% Reassessment Increase 2017 Reassessment Region Tax Average 6.8% CVA Change < 6.8% Reassessment Decrease Region-Wide Average Home CVA Change = 7.9% Average $2,614 increase $72 or 2.8% $2,569 $2,542 2016 2017 with 2017 with CVA = $366,600 reassessment only budgetary & reassessment CVA = $395,700 11 February 15, 2017 Scugog Presentation
2017 Regional Taxation Average Single Family Detached Home (not on waterfront) CVA Change > 6.8% Reassessment Increase 2017 Reassessment Region Tax Average 6.8% CVA Change < 6.8% Reassessment Decrease Region-Wide Average Home Scugog Average Home CVA Change = 5.6% CVA Change = 7.9% Average $2,614 Average increase increase $72 or 2.8% $13 or 0.5% $2,569 $2,542 $2,521 $2,508 $2,479 2016 2017 with 2017 with 2016 2017 with 2017 with CVA = $366,600 CVA = $358,700 reassessment only budgetary reassessment only budgetary & reassessment & reassessment CVA = $378,600 CVA = $395,700 11 February 15, 2017 Scugog Presentation
2017 Region Taxation Average Commercial CVA Change = 2.1% $5,069 Average decrease $5,000 $139 or 2.8% $4,930 $4,847 $4,500 $4,000 2016 2017 with 2017 with CVA = $500,000 reassessment budgetary only & reassessment CVA = $510,600 12 February 15, 2017 Scugog Presentation
Scugog Average Home Regional Monthly Tax Bill $625 Automobile $250 Phone, Cable & Internet $210 Regional Tax Bill $174 Hydro $36 Water $39 Sewage 13 February 15, 2017 Scugog Presentation
Scugog Average Home Regional Monthly Tax Bill $625 Automobile Police ($65/month) $250 Waste Services ($16/month) Phone, Cable & Internet Paramedic Services ($8/month) $210 Regional Transit ($17/month) Regional Tax Bill Public Health ($6/month) $174 Long-Term Care ($14/month) Hydro Works ($27/month) $36 Water $39 Sewage 13 February 15, 2017 Scugog Presentation
Thank You 14 February 15, 2017 Scugog Presentation
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