Sunshine Coast Regional District 2019-2023 Financial Plan Overview 2019 Budget Summary www.scrd.ca www.scrd.ca
Overview- What to Expect • Introduction • Financial Planning Process • Key Items Impacting 2019 • 2019 Budget Figures • 2019 Projects • Sunshine Coast Regional Hospital District • Questions & Information www.scrd.ca
Introduction Within the traditional territories of the shíshálh and skwxwú7mesh first nations www.scrd.ca
www.scrd.ca
SCRD Provides over 45 Distinct Services www.scrd.ca
Regional District Service Delivery • Only those properties within a service area are taxed for the service • Services are delivered in any combination to electoral Services areas &/or member municipalities • Services may also be delivered via contract with third parties • RD tax rates are different depending on the Tax Rates services you receive. In a municipality, the tax rate (mill rate) is the same for everyone . • Taxpayers are taxed on the basis of property Tax Basis assessments, land & improvements or just improvements depending on the service. www.scrd.ca www.scrd.ca
Strategic and Financial Plan www.scrd.ca
2019-2023 Financial Plan Timeline Pre-Budget Round Strategic Plan Public Variance/ Planning 1 & 2 Development Updates Presentations Q4 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Round 1&2 Strategic Planning Public Presentations Variance Reporting & Work Plan Updates Work Plan Development Budget Pre-Budget Pre-Budget Adoption 2019 2020 March 28th www.scrd.ca www.scrd.ca
Process Overview and Review • Pre-Budget- November 30 & December 1, 2018 – Review project carry-forwards & proposed initiatives – Receive information from Community Partners and Stakeholders • December, January Committee Meetings – Provide the Board with additional information in support of Round 1 Budget Proposals: • SCRD Fire and Emergency Services Reviews (January PCD) • Groundwater Investigation (January ISC) • Wastewater Asset Management & Rate Review (January CAS) • Recreation Capital (January CAS) • Various Contract Information and Award Reports (Dec & Jan) www.scrd.ca
Budget Proposal Criteria Mandatory • Safety; Imminent asset failure; Regulatory compliance; Maintain core operations/ business continuity Identified in Strategic Plan Identified in Integrated Five-Year Plan Low cost/High value Other www.scrd.ca
Overview & Update • Key items for 2019 Budget : – Changes in assessments – Collective agreement and exempt salaries and benefits – New Employer Health Tax – Increase in landfill post-closure liability funding – Operational contract increases – Increase for BC Transit Annual Operating Agreement • 2018 Carry-Forward Projects – Included in 2019 budget with no financial impact www.scrd.ca
2019 BC Assessment Impacts • Overall assessments in the SCRD increased by 12.18% in 2019 as compared to the 2018 assessment roll. • Converted assessed values increased by 12.13%. • Converted assessed values for the utilities, business and managed forest property classes all increased more than the overall average. Definition: Converted Value of land and improvements- The net taxable value of land and improvements multiplied by the percentage prescribed by regulation for this purpose. (Community Charter) www.scrd.ca
2019 Assessments Overall Change in Assessed Values Assessed Value % Change 2018 (Cycle 13) 12,089,725,589 Increase due to NMC* 179,797,523 1.49% Increase due to Market 1,294,890,112 10.71% 2018 Total 13,564,413,224 12.20% *Non-market Change • Non-market change (NMC) is generally related to growth • Market change refers to changes in assessment related to market shifts www.scrd.ca
Impacts of Assessments Overall Change in Tax Apportionment Due to Assessments Area 2018 2019 $Change %Change Area A 2,278,123 2,204,948 ($73,175) (-3.21%) Area B 3,165,387 3,227,941 $62,554 1.98% Area D 2,404,904 2,444,013 $39,109 1.63% Area E 1,899,006 1,922,110 $23,104 1.22% Area F 3,029,290 2,948,043 ($81,247) (-2.68%) DoS 3,606,416 3,635,433 $29,017 0.80% ToG 2,296,098 2,308,910 $12,812 0.56% SIGD 311,521 299,347 ($12,173) (-3.91%) www.scrd.ca
Comparison of Converted Values by Area 2018 2019 SIGD SIGD Area A Area A 2.13% 2.03% 14.02% 14.84% DOS DOS 27.43% 27.78% Area B Area B 13.52% 13.28% Area D Area D TOG 9.77% 9.46% TOG 12.31% 12.66% Area E Area E 7.52% Area F 7.36% Area F 13.19% 12.69% www.scrd.ca
SCRD Tax Base www.scrd.ca
2019 Budget Figures Operating Capital $16.23 $17.52 $17.25 $15.16 $8.16 $40.18 $37.83 $35.35 $36.20 $34.13 2015 2016 2017 2018 2019 $42.29 $50.51 $53.45 $55.35 $56.41 Million Million Million Million Million • * Excludes member municipality debt www.scrd.ca
2019 Operating Budget General Government 7% Protective Services 8% Recreation & Cultural Services 30.3% Transportation Services 16% $40.18 million Planning & Development Services 5.9% Environmental Service 14% Health Services 0.9% Water & Waste Water 19% www.scrd.ca
2019 Capital Budget General Government 3% 5% 0% 17% 4% Protective Services Transportation Services Environmental Service $16.23 million Water & Waste Water Recreation & Cultural Services 71% www.scrd.ca
2019 Overall Taxation Increase Area Overall Overall % 2018 2019 Change in Increase/ Taxation Taxation Dollars (Decrease) A 2,362,822 84,699 3.72% 2,278,123 B 3,165,387 3,455,594 290,207 9.17% D 2,404,904 2,608,611 203,707 8.47% E 2,034,318 135,312 7.13% 1,899,006 F 3,029,290 3,210,938 181,648 6.00% Dos 3,606,416 3,829,352 222,935 6.18% ToG 2,296,098 2,296,098 108,298 4.72% SIGD 312,567 1,047 0.34% 311,521 Total 18,990,745 20,218,598 1,227,853 6.47% www.scrd.ca
Parcel Taxes & User Fees 2019 Actual Overall Type 2018 Rate Proposed % Increase Difference Rate 2.0% P/T $257.84 P/T $263.00P/T Regional Water $18.84 5.0% U/R $273.63 U/R $287.31 U/R 2.0% P/T $320.23 P/T $326.63 P/T North Pender $28.16 8.5% U/R $255.98 U/R $277.74 U/R 2.0% P/T $324.38 P/T $330.87 P/T South Pender $28.13 5.5% U/R $393.37 U/R $415.01 U/R Community (-1.68%) $114.60 P/T $112.67 P/T (-$1.93) Recreation PH Recreation 2.16% $24.96 P/T $25.50 P/T $0.54 Refuse Collection (Single Family 5.0% $146.90 $154.25 $7.35 Dwelling) Various Various 25% Waste Water Rates P/T= Parcel Tax; U/F- User Fee *Community Recreation Parcel Tax charged on improvements only www.scrd.ca
Where Does your Money Go? TAX RATES & USER FEES www.scrd.ca
Area A-Pender Harbour 2019 Ad Valorem Tax Rates 2019 User Fee and Parcel Tax Rates (per $100,000 in Assessed Value) User Fee Parcel Tax Pender Harbour Pool Debt $ - $ 25.50 General Government North PH Water Service $ 277.74 $ 326.63 General Government Administration $ 8.51 Grant in Aid - Area A $ 1.64 South PH Water Service $ 415.01 $ 330.87 Grant in Aid - Community Schools $ 0.07 Regional Water Service $ 287.31 $ 263.00 UBCM/Elections $ 1.00 Greaves Road Waste Water $ 255.00 $ 102.00 Regional Sustainability $ 0.09 Feasibilty- Area A $ - Canoe Road Waste Water $ 218.75 $ 153.00 Protective Services Lee Bay Waste Water $ 412.50 $ 102.00 Bylaw Enforcement $ 2.24 Egmont & District Fire Protection D Merrill Crescent Waste Water $ 681.25 $ 265.20 $ 58.92 911 Emergency Telephone $ 2.65 Lily Lake Village Waste Water $ 562.50 $ 204.00 SCEP $ 1.35 Painted Boat Waste Water $ 537.50 $ - Transportation Services Sakinaw Ridge Waste Water $ 718.75 $ 418.20 Regional Street Lighting $ 0.42 Environmental Services Solid Waste $ 13.38 Where Do Your Tax Dollars Go? Health Services Cemetery $ 0.72 General Recreation & Pender Harbour Health Clinic $ 6.86 Government Cultural Services Planning & Development Services 10.22% 44.50% Regional Planning $ 0.87 Rural Planning $ 11.17 Protective Services Heritiage Conservation $ 0.01 10.29% Building Inspection $ 2.09 Economic Development - Area A $ 3.05 Transportation Hillside $ 0.18 Services Recreation & Cultural Services Planning & 0.38% Pender Harbour Pool D I $ 70.83 Development Environmental Joint Use - School Facilities $ 0.07 Services Health Services Services Egmont/Pender Harbour Library Service $ 2.10 15.68% 6.85% 12.08% Museum Service $ 0.90 Community Parks $ 19.94 Area A Bike & Walking Paths I $ 1.52 Recreation Programs $ 1.05 Dakota Ridge $ 1.42 D Only defined portion of area participates www.scrd.ca I Rate is applicable on assessed improvements only
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