TOWNSHIP OF SOUTHGATE 2020 BUDGET CAPITAL AND SPECIAL PROJECTS - PowerPoint PPT Presentation

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS OCTOBER 9, 2019 1

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Purpose of Presentation  To provide a high level introduction to the 2020 10 year capital and special project forecast.  To start discussing department detail 2

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Location for 2020 Budget Information The Home page of the T ownship of  Southgate’s website ( www.southgate.ca) provides a link to the Budget documents The Home page also has a link to Shape  Southgate which contains a life cycle timeline for 2020 Budget and a survey for the public to complete to help the T ownship understand the public’s priorities and the value placed on services. 3

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 2020 Budget Timeline 20 October 9, 2018 Council / Committee of the Whole Present the 2020 Budget – 10 year Capital and Special Project Plan 9 am October 16, 2019 Council / Committee of the Whole Recommend 2020 Capital and Special Project Budget 2 pm November 1, 2019 Council / Committee of the Whole Present 2020 Budget – Operating 9 am November 6, 2019 Council Approve 2020 Budget – Capital and Special Projects 6 pm November 13, 2019 Council / Committee of the Whole Recommend 2020 Budget – Operating 9 am November 20, 2019 Public Information Meeting (PIM) Staff’s PIM to present the recommended 2020 Budget and receive comments from the 6 pm Public December 4, 2019 Council Present recommended 2020 Budget and comments from the public received at the PIM; 9 am Approve 2020 Budget – Operating 4

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Tax-supported Budget Overview Levy Summary: Variance 2019 2020 $ Net Operating Expenditures $ 4,905,469 Capital/Reserves/Sp Prj $ 1,776,700 $ 1,908,811 $ 152,111 Total to Raise from General Taxation $ 6,662,169 Overall Levy Increase Impact: 2020 Increase for Capital and Special Projects $ 152,111 = 2.3% 2019 Total Raise from Taxation $ 6,662,169 What would be the impact to the Blended Tax Rate? In 2019, a 1% increase to the Blended Tax Rate was $109,112 (2020 impact TBD)  The increase to the Capital and Special Project Levy of $152,111 equates approximately to a 1.4% increase to Blended Tax Rate  5

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Asset Management Plan Financing Strategy The current Asset Management Plan (AMP), dated March 13, 2014, reflects Roads, Bridges, Storm, Facilities, Water,  and Wastewater Assets The Financing Strategy contained in the AMP required an increase in the overall tax levy of 4.93% each year for  20 years (never implemented) Only nominal changes in the capital tax levy have occurred since  For 2019, the increase in the capital tax levy equates to a 1.4% increase in the overall tax levy, or only 28% of the  increase in the Financing Strategy, causing infrastructure gap to increase. If tax levy does not increase per the financing strategy, the 10 year plan will require higher levels of debt.  Strategic Asset Management Policy was adopted on June 19, 2019  6

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Tax-supported Services Administration Planning Transit Industrial Land Public Health Economic Development Agriculture Fire Police Recreation Conservation Authority Library Council Roads Building Solid Waste Other Protective Services Cemetery 7

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Tax-supported Capital and Special Projects 2019 2020 Intent of the current presentation is to discuss the level of  Budget tax funding for 2020 capital and special projects Department Taxation Administration $ 30,000 $ 40,000 The 10 year capital and special project forecast lists the  Public Health $ 71,600 $ 73,750 specific projects Council $ 25,000 $ 13,000 Planning $ 19,500 $ 19,500 Approach when developing the Multi-year forecast was to  Building $ - $ - Industrial Land $ - $ 25,000 attempt to smooth the increase in the capital and special Economic Development $ 27,000 $ 12,000 project levy to approximately 3% a year, except Roads and Fire $ 61,050 $ 62,900 Solid Waste which was 9% a year. Recreation $ 132,900 $ 136,900 This approach requires the need to contribute to reserves and Library $ 20,600 $ 26,100  to issue debt that is repaid in future years. Roads $ 1,007,114 $ 1,097,718 Solid Waste $ 361,936 $ 394,443 Cemetery $ - $ 7,500 Total $ 1,756,700 $ 1,908,811 8

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Administration (1.2) Current Year Prior Year Highlights: Expenditure Taxation Taxation 2020 2019 Budget $ 30,000 $ 30,000 $ 37,875 -20.8%  2019 Projected $ 104,056 $ 30,000 $ 38,475 -22.0% Consultant cost to assist with Asset Management  2020 Budget $ 14,000 $ 40,000 $ 30,000 33.3% Contribution to Reserve for future Administration  2021 Forecast $ 1,007,500 $ 50,000 $ 40,000 25.0% building 2022 Forecast $ 7,500 $ 52,500 $ 50,000 5.0% 2021  2023 Forecast $ 7,500 $ 52,500 $ 52,500 0.0% 2024 Forecast $ 17,500 $ 61,600 $ 52,500 17.3% Construction of an Municipal Office Building Project  2025 Forecast $ 7,500 $ 61,600 $ 61,600 0.0% (with the Multi-use Accessible Community Centre Facility presented in Recreation) with consideration for 2026 Forecast $ 7,500 $ 61,600 $ 61,600 0.0% Community Hub, OPP-ESO and Foodbank space. 2027 Forecast $ 7,500 $ 61,600 $ 61,600 0.0% 2028 Forecast $ 7,500 $ 61,600 $ 61,600 0.0% 2029 Forecast $ 7,500 $ 61,600 $ 61,600 0.0% 9

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Public Health (1.3) Highlights: Current Year Prior Year Expenditure Taxation Taxation 2020  2019 Budget $ 28,000 $ 71,600 $ 69,500 3.0% South East Grey Community Health Centre – Senior  2019 Projected $ 28,000 $ 71,600 $ - and Youth Annual Commitment (established in 2018) 2020 Budget $ 28,000 $ 73,750 $ 71,600 3.0% Contribution to Medical Clinic Reserve (established in  2021 Forecast $ 28,000 $ 75,950 $ 73,750 3.0% 2018) 2022 Forecast $ 28,000 $ 78,250 $ 75,950 3.0% Contribution to Mt Forest Hospital Emergency  2023 Forecast $ 28,000 $ 80,600 $ 78,250 3.0% Department expansion Reserve per commitment 2024 Forecast $ 28,000 $ 83,000 $ 80,600 3.0% 2027 2025 Forecast $ 28,000 $ 85,500 $ 83,000 3.0%  2026 Forecast $ 28,000 $ 88,100 $ 85,500 3.0% Proposed Medical Clinic building  2027 Forecast $ 1,528,000 $ 90,750 $ 88,100 3.0% 2028 Forecast $ 3,000 $ 93,500 $ 90,750 3.0% 2029 Forecast $ 3,000 $ 96,300 $ 93,500 3.0% 10

TOWNSHIP OF SOUTHGATE 2020 BUDGET – CAPITAL AND SPECIAL PROJECTS, OCTOBER 9, 2019 Council (1.4) Current Year Expenditure Taxation Prior Year Taxation 2019 Budget $ 25,000 $ 25,000 $ 23,160 7.9% Highlights: 2019 Projected $ 15,000 $ 25,000 $ 23,160 7.9% 2020  2020 Budget $ 3,000 $ 13,000 $ 25,000 -48.0% 2021 Forecast $ - $ 10,000 $ 13,000 -23.1% Council chambers projection technology  2022 Forecast $ 47,500 $ 17,500 $ 10,000 75.0% Contribution to Election Reserve for 2022  2023 Forecast $ - $ 10,000 $ 17,500 -42.9% 2022 / 2026  2024 Forecast $ - $ 10,000 $ 10,000 0.0% 2025 Forecast $ - $ 10,000 $ 10,000 0.0% Election  2026 Forecast $ 47,500 $ 17,500 $ 10,000 75.0% 2027 Forecast $ - $ 10,000 $ 17,500 -42.9% 2028 Forecast $ - $ 10,000 $ 10,000 0.0% 2029 Forecast $ - $ 10,000 $ 10,000 0.0% 11