Sioux Lookout 2016 - Budget Presentation #3 March 23, 2016 - PowerPoint PPT Presentation

Municipality of Sioux Lookout 2016 - Budget Presentation #3 March 23, 2016

Operating Budget Overview February 3 rd - Operating Budget required a $387,590 increase in tax levy revenue. In order to achieve the $387,590 shortfall, a 4.1% increase in the general tax rate was required. March 3 rd - Operating Budget that required a $96.457 increase in the tax levy revenue. In order to achieve the $96,457 shortfall a 1% increase in the general tax rate was required.

Operating Budget Overview The 2 nd Draft 2016 property tax supported Operating Budget requires a $82,682 increase in tax levy revenue. In order to achieve the $82,682 shortfall, a 0.859% increase in the general tax rate was required.

Reserves & Reserve Funds CR CR DR DR DR CR TRANSFER TRANSFERS TO TRANSFERS FROM FEDERAL TRANSFERS BALANCE 2015 OPENING RESERVES FROM GAS TAX FROM RESERVES & RESERVE FUNDS DECEMBER 31, FROM RESERVES TO RESERVE FOR RESERVES FOR BALANCE 2015 OPERATING OPERATING CAPITAL CAPITAL BUDGET BUDGET PROJECTS PROJECTS GENERAL CAPITAL 3.1.027.0206.9700 $47,579 $45,372 $23,071 $69,880 ELECTIONS 3.1.027.0206.9701 $9,539 $8,000 $17,539 CEMETERIES 3.1.027.0206.9747 $5,281 $5,281 BY-LAW VEHICLE REPLACEMENT 3.1.027.0206.9703 $8,000 $8,000 $16,000 FEDERAL GAS TAX FUND 3.1.027.0206.9705 $618,169 $291,697 $354,606 $555,260 POLICING 3.1.027.0206.9706 $269,553 $29,669 $239,884 BOAT LAUNCH 3.1.027.0206.9707 -$51,747 $10,000 -$41,747 LANDFILL 3.1.027.0206.9708 $116,359 $18,673 $12,393 $122,639 SKATE PARK RESERVE 3.1.027.0206.9711 $10,002 $10,002 FITNESS CENTRE 3.1.027.0206.9712 $104,221 $104,221 PARKS & GARDEN 3.1.027.0206.9724 $14,476 $21,941 $36,417 FACILITY BUILDING RESERVE 3.1.027.0206.9715 $216,633 $50,000 $86,993 $179,640 HYDRO RESERVE 3.1.027.0206.9718 $1,127,798 $105,000 $1,232,798 ROADS 3.1.027.0206.9721 $709,603 $402,356 $7,327 $1,104,632 PARKING LOT RESERVE 3.1.027.0206.9722 $0 $5,000 $5,000 ROADS EQUIPMENT 3.1.027.0206.9723 $264,491 $212,240 $476,731 COMMUNITY IMPROVEMENT PLAN 3.1.027.0206.9725 $30,995 $30,995 UTILITIES RESERVE 3.1.027.0206.9737 $1,014,523 $415,992 $204,835 $1,225,680 PARKLANDS RESERVE 3.1.027.0206.9745 $57,411 $6,500 $63,911 CEDAR BAY 3.1.027.0206.9746 $11,255 $10,000 $21,255 RECREATION DEVELOPMENT RESERVE 3.1.027.0206.9717 $35,000 $35,000 $70,000 TOTAL $4,619,140 $1,645,771 $42,062 $354,606 $322,226 $5,546,017 LIBRARY (RESERVE FUND) 2.1.026.0206.9705 $7,768 $311 $1,743 $6,335 LIBRARY (SURPLUS) 2.1.026.0206.9706 $10,044 $10,044 AIRPORT AIF 3.1.027.0206.9831 $856,453 $677,716 $1,534,169 AIRPORT CAPITAL 3.1.045.0402.9801 $716,937 $201,433 $918,370 TOTAL $1,591,202 $879,459 $1,743 $0 $0 $2,468,918 TOTAL RESERVES & RESERVE FUNDS $6,210,342 $2,525,230 $43,805 $354,606 $322,226 $8,014,935

Annual Repayment Limit

Outstanding Debentures TOTAL: $ 18,861,062

2016 Debenture Payments

Projected Payments/ Debentures

Expenditures 37% 63% Uncontrollable Controllable

How’s Your Dollar Spent 6% 16% 12% 15% 15% 15% 18% 4% Government Protection Transportation Environmental Health Social & Family Recreation & Culture Planning & Development

2015 TAXATION COMPARISON 14 12 10 8 6 4 2 0 Sioux Lookout Dryden Kenora Fort Frances Red Lake Ignace Residential 1.820818 1.626668 1.305472 1.675018 1.392905 2.423850 Multli-Res 4.807324 3.197843 2.058367 4.475882 2.014085 4.081037 Commercial 3.169497 2.914220 2.570979 3.316535 2.687858 3.574210 Large Industrial vac/Excess 0.000000 8.421246 2.407226 7.789427 2.609873 0.000000 Large Industrial 4.788751 12.95576 3.703424 11.98373 3.728389 0.000000

CVA Average / Tax Levy Residential Property Owner Sioux Dryden Kenora Ear Falls Lookout Red Lake Marathon CVA 141,579 164,542 106,285 167,471 165,127 71,866 Tax Levy 2,295 2,035 2,387 2,981 2,171 2,138

Average / Median Residential Property Owner 2016 the average assessment per household in the Municipality of Sioux Lookout is $207,872 the average median in the northern and rural municipalities is $251,000.

Annual Capital Projects • Initial capital requests of over $12,019,608 from all areas of operations • Current capital budget set at $9,093,262

Capital Projects by Departments AIRPORT Funding Source Project Government Bridge User Fees Project Name Budget Grants/Subsidies Loan AIF 1 Terminal Building Recovation/Expansion $2,524,653 $1,280,127 $1,244,526 2 OLS Survey & Training $10,780 $10,780 3 Wildlife Management Training & Plan Review $18,700 $18,700 4 Quality Assurance Audit $14,850 $14,850 5 Used Tandem $75,000 $75,000 TOTAL: $2,643,983 $1,280,127 $1,244,526 $119,330

Capital Projects by Departments CLERK’S DEPARTMENT Funding Source Project Estimated Tax Project Name Budget Levy Impact 1 Records Management Plan - Asset $50,000 $50,000 TOTAL: $50,000 $50,000

Capital Projects by Departments EMERGENCY SERVICES Funding Source Project Long Term Estimated Tax Project Name Budget Debt Levy Impact 1 Auto Ex Tool $15,000 $15,000 2 Turn Out Gear $30,000 $30,000 3 Fire Hoses $10,000 $10,000 4 Volume Pump $5,500 $5,500 TOTAL: $60,500 $5,500 $55,000

Capital Projects by Departments FACILITIES Funding Source Project Government Reserves & Long Term Estimated Tax Project Name Budget Grants/Subsidies Reserve Funds Debt Levy Impact 1 Library - Condensing Unit $32,321 $32,321 2 Facility Division Vehicle $30,199 $30,199 3 Fire Hall Roof Repair & Retrofit $221,508 $221,508 4 Renovate Womens Change Room $15,000 $15,000 5 Update Firehall Office Area $8,000 $8,000 6 Town Office - Basement Stair Carpet $2,000 $2,000 7 Install new entrance door at Norah Love $3,199 $3,199 8 Repairs Curbing and sidewalks at the clinic $10,000 $10,000 9 Library update - Replace Carpet and Paint $12,500 $12,500 10 Replace south facing windows at Norah Love $22,886 $22,886 11 Street Lighting $20,000 $20,000 TOTAL: $377,613 $26,085 $65,199 $253,829 $32,500

Capital Projects by Departments PARKS & RECREATION Funding Source Project Reserves & Estimated Tax Project Name Budget Reserve Funds Levy Impact 1 Cedar Bay - Trail Development $25,000 $25,000 2 Bike Rack & Benches $3,750 $3,750 $0 3 Dog Park $5,000 $5,000 TOTAL: $33,750 $3,750 $30,000

Capital Projects by Departments Public Works - Transportation Funding Source Project Reserves & Long Term Estimated Tax Project Name Budget Reserve Funds Debt Levy Impact 1 Grader $210,000 $210,000 2 Robert St. Storm Water Diversion $15,000 $15,000 3 Fuller Street Storm Water Diversion $479,277 $75,000 $404,277 U

Capital Projects by Departments Public Works - Utilities Funding Source Project Reserves & Project Name Budget Reserve Funds 1 Watermain Swabbing $48,175 $48,175 Generator Fuel Tank Replacements at 2 $12,000 $12,000 Hudson WTP/SL STP & Lift Station Robert 3 Membrane Tank Lining - Sioux Lookout $100,000 $100,000 4 Drain and Clean combined Treatment $60,000 $60,000 5 Hudson WTP Backup generator Upgrade $50,000 $50,000 6 Varible Frequency Drive Pumps - Sioux Look $90,000 $90,000 7 Curtis Street Boster Station Upgrade $20,000 $20,000 8 Water Standpipe recirculation system $30,000 $30,000

Capital Projects by Departments Public Works - Engineering Funding Source Project Government Federal Reserves & Long Term Estimated Tax Project Name Budget Grants/Subsidies Gas Tax Reserve Funds Debt Levy Impact 1 Wellington & Fifth Intersection Upgrade $1,842,850 $1,314,008 $290,863 $237,979 2 East King Street Infrastructure Replacement $2,913,614 $1,996,121 $284,323 $348,657 $284,323 3 Pelto Road Drainage - Engineering Study $35,000 $35,000

Capital Projects by Departments PUBLIC INPUT Funding Source Project Estimated Tax Project Name Budget Levy Impact 1 Friends of Cedar Bay - Captial Improvement $10,000 $10,000 2 Healthy Community Task Force $1,500 $1,500 3 Handi Transit $10,000 $10,000 $21,500 $21,500

Capital & Operating TAX LEVY IMPACT Operating 0.859% Capital 2.480% TOTAL LEVY 3.339% Median Household Assessment 207,872 2015 Taxes $3,784.97 2016 Taxes $3,911.35 Taxes Increased $ 128.38

Infrastructure Levy Does Council want to implement a Infrastructure Levy for 2016 ?

Questions How would Council like the Management Team to move forward in the Budget Process?

Questions