property of the township of madawaska valley 2015 municipal budget

Property of the Township of Madawaska Valley

2015 MUNICIPAL BUDGET

It is the expectation of the Council to develop community driven policy whose intent will be to ensure a safe, clean, secure environment, a well maintained infrastructure system, and a climate of acceptance, friendly caring, and community spirit.

We will make affordable decisions which we believe will lead our township in a progressive, enterprising and sustainable direction within the Legislative framework of the Province of Ontario. At the same time our residents and guests will have the assurance that both old and new cultural traditions will continue to play an integral part in making this community the special place we recognize as home.

Township of Madawaska ValleyMISSION STATEMENT


2015 PROPOSED REVENUES

Payments in Lieu$101,070 (1.27%)

Ontario Unconditional Grants

$1,050,700 (13.21%)

Ontario Specific Grants $1,079,828 (13.57%)

Canada Specific Grants$182,487 (2.29%)

Other Municipalities - Grants & Fees

$17,050 (0.21%)

Fees, S/C & Other Revenues $855,650 (10.76%)

Transfer from Reserves $863,089 (10.85%)

Taxation $3,604,407

(45.31%)

Parks & Recreation Revenues $201,435 (2.53%)

$7,955,716


General Administration$884,625 - (11.12%)

Protection Services $1,140,713 (14.34%)

Transportation Services $3,585,291 (45.06%)

Municipal Properties Services$367,000 - (4.61%)

Waste Disposal Services$687,295

(8.64%)

Social & Family Services $14,280 - (0.18%)

Library Services - $140,752 - (1.77%)

Planning & Development Services

$262,230 - (3.30%)

Parks & Recreation Services $873,530 (10.98%)

2015 PROPOSED EXPENDITURES

$7,955,716


Municipal operating – capital expense comparison

Operating Capital Reserves0

1000000

2000000

3000000

4000000

5000000

6000000

Operating - 63.31%

Capital - 28.06%

Reserves - 8.63%

$5,036,627

$2,232,119 $686,970



2014/2015 TAXATION LEVY REQUIREMENT COMPARISON

2014 TAXATION

BUDGETED EXPENDITURES $6,246,657 BUDGETED REVENUES $2,596,901

2015 TAXATION

PROPOSED EXPENDITURES $7,955,716PROPOSED REVENUES $4,351,309

$3,649,756

LEVY REQUIREMENT FROM TAXATION

LEVY REQUIREMENT FROM TAXATION

$3,604,407LEVY to LEVY DECREASE OF $45,349 (or 1.2%)

Note that due to growth the 2014 taxable assessment base increased by 0.5% resulting in an additional $19,215 revenue realized through taxation. If this

growth is considered the 2015 Municipal Levy Requirement has decreased by 1.7%.

2015 MUNICIPAL TAX IMPACT on residential properties

(WITHOUT AREA RATES)

2015 MUNICIPALTAX RATE

0.00515946

DECREASE6.04%

2014MUNICIPAL TAX RATE

0.00549123


TAX DOLLAR IMPACT

2014 2014Differen

ce

$100,000 Assessment $ 549.12 $515.9

5 ($

33.17)

According to the Municipal Property Assessment Corporation (MPAC) the average single family residential assessment has increased by 4.6% therefore a decrease in the amount of taxes paid per $100,000 may not result in a taxes decrease for property owners.



2015 GENERAL RESERVE FUND STATUSACCOUNT

BALANCE ON JANUARY

1/15

ADDITIONS

WITHDRAWALS

ANTICIPATED BALANCE ON DECEMBER

31/15

GENERAL GOVERNMENT

$1,357,364.28

$199,000 $217,840 $1,338,524.28

FIRE PROTECTION SERVICES $226,532.02 $43,935 $49,538 $220,929.02

TRANSPORTATION SERVICES $495,880.49 $193,750 $54,500 $635,130.49

ENVIRONMENTAL SERVICES

$1,703,481.20

$52,059 $339,000 $1,416,510.20

LIBRARY SERVICES$23,702.52 $2,398 $21,304.52

RECREATION & CULTURAL SERVICES $346,545.49 $31,500 $71,823 $306,222.49

PLANNING & DEVELOPMENT SERVICES

$274,177.43 $190,000 $125,000 $339,177.43

TOTAL GENERAL RESERVES

$4,427,683.43

$710,214 $860,099 $4,277,798.4

3

2015 COUNTY OF RENFREW RESIDENTIAL TAXes

2014 $354.992015 $347.89

DECREASE$7.10

(based on $100,000 assessment)

2015 RESIDENTIAL RATE: 0.00347894

2 %

2015 County Levy - $38,697,229 up from $37,406,801 in 2014Madawaska Valley portion - $2,430,251 up 3.01% from

$2,359,269 forwarded in 2014 Property of the Township of Madawaska Valley

2015 RESIDENTIAL EDUCATION TAXes

2015 Residential Rate: 0.00195000

3.94 %

2014 $203.00

2015 $195.00

DECREASE$8.00

(based on $100,000 assessment)

Total Amount Collected from Madawaska Valley - $1,627,848 up 1.15 % from $1,609,564 collected in 2014


IMPACT

HOW THESE DECISIONS

IMPACT YOUR 2015 TAX BILL . . .

HOW THESE DECISIONS

IMPACT YOUR 2015 TAX BILL . . .


TOTAL 2015 TAXATION BILLING IMPACT

based on $100,000 Residential Assessment

MUNICIPAL TAXATION

LEVY

COUNTY LEVY

EDUCATION LEVY

TOTAL PROPERTY

TAXES

2014

$549.12 $354.99 $203.00 $1,107.11

2015

$515.95 $347.89 $195.00 $1,058.84

A $48.27 DECREASE over the amount paid in 2014

(4.36 %)


2014 2015Dollar Difference

Percentage difference

Municipal Portion $549.12 $515.95 ( $ 33.17 ) ( 6.04 % )

County Portion $354.99 $347.89 ( $ 7.10 ) ( 2.00 % )

Education Portion $203.00 $195.00 ( $ 8.00 ) ( 3.94 % )

Total Taxes(without Area Rates)

$1,107.11 $1,058.84 ( $ 48.27 ) ( 4.36 % )

TAX IMPACT ON $100,000 ASSESSMENT


2015 TAXATION INFLUENCESREASSESSMENT

We are now in the third year of an updated four year phase-in Property Assessment update which updated from a 2008 base year to a 2012 base year.

Assessment reductions are not phased-in in the same manner as assessment increases are, total reduction was given immediately (during the 2013 taxation year) which added stress to the 2013 taxation year but continues as Requests for Reconsideration are being processed.

Taxable Assessments for the Township of Madawaska Valley rose by 5.16% from $642,421,623 in 2014 to $675,601,963 for 2015.

REVENUE SOURCES LIMITED – RISING COSTS

Other than a small number of grant opportunities, in addition to fees and service charges that are levied, property taxation is the only means that the Township has to raise revenues.

Operation costs continue to rise; the need to replace and rehabilitate existing capital assets with minimal assistance of the upper levels of Government; and the implementation of the Township Asset Management Plan (a requirement of obtaining future Provincial funding) are making it very difficult to maintain tax levies at previous levels, however for 2015 the Township of Madawaska Valley has succeeded.


DISTRIBUTION OF 2015 RESIDENTIAL TAX BILL

(based on $100,000 residential assessed value)

From every tax dollar received, 48.8¢ remains with the municipality

General Administration

Protection Service Transportation ServicesMunicipal Properties

Waste Disposal ServicesSocial & Family ServicesLibrary ServicesPlanning, & Dev’t ServicesParks/Recreation/Cultural Services

- $ 0.0610

- $ 0.1040

- $ 0.2295

- $ 0.0002- $

0.0166- $

0.0003- $

0.0139- $

0.0155- $

0.0469 $ 0.4880

$ 0.184(per tax dollar))

$ 0.328 (per tax dollar))

$ 0

.48

8County Portion $347.89

(32.86 %)

Municipal Portion

(excluding Area Rate)

$515.95 (48.73 %)

Education Portion $195.00

(18.42 %)


HOW THE TAX DOLLAR THAT REMAINS WITH THE MUNICIPALITY ARE SPENT

General Administration 12.51 ¢

Protection Services 21.32 ¢

Transportation Services 47.04 ¢

Municipal Properties 00.04 ¢

Waste Management Services 03.41 ¢

Social & Family Services 00.06 ¢

Library Services 02.84 ¢

Planning/Economic Dev’t/Emergency Preparedness

03.17 ¢

Parks & Recreation Services 09.61 ¢

$ 1.000


2015 AREA RATES

TRANSFER STATION AREA RATE(applies to property assessments in the former Township of Radcliffe and Townships of Sherwood, Jones & Burns who do not received curbside pickup services)

CURBSIDE PICKUP AREA RATE(applies to all Residential, Commercial, Institutional and Industrial Units located in the former Village of Barry’s Bay and surrounding areas that receive this service)


TRANSFER STATION AREA RATE

Operating Expense $79,185 ( 73.66

% )

Capital Reserve $28,322 ( 26.34

% )

Transfer Station Area Rate Budget decreased by $11.00 per unit

or 19.64 %

$ 107,507


TRANSFER STATION PROPERTIES - BUDGET IMPACT

Transfer Station Area Rate (residential unit rate)

2014 $56.00

2015 $45.00


2015 TRANSFER STATION RESERVE FUND STATUS

ACCOUNT BALANCE ON JANUARY 1/15

ADDITIONS WITHDRAWALSANTICIPATED BALANCE ON

DECEMBER 31/15

TRANSFER STATION AREA RATE RESERVES

$149,836.84 $16,700 $166,536.84


Curbside pickup AREA RATE

Operating Expense $132,695 ( 76.12

% )

Capital Reserve $41,622 ( 23.88

% )

$ 174,317

Curbside Pickup Area Rate Budget remained unchanged for 2015


CURBSIDE PICKUP AREA RATE

2015 CURBSIDE AREA RATES:

Residential Unit Rate: $ 145.00Small Industrial, Commercial & Institutional Rate: $ 217.50Medium Industrial, Commercial & Institutional Rate: $ 1,015.00 Large Industrial, Commercial & Institutional Rate: $ 2,030.00Extra-Large Industrial, Commercial & Institutional Rate: $ 4,350.00


2015 CURBSIDE AREA RATE RESERVE FUND STATUS

ACCOUNT BALANCE ON

JAN 1/15ADDITIONS WITHDRAWALS

ANTICIPATED BALANCE ON

DECEMBER 31/15

CURBSIDE AREA RATE RESERVES

$149,132.42 $30,000 $178,132.42


For the 2015 taxation year, the average Single Family Residential Assessment as determined by the OPTA increased by 4.46%.

The percentage assessment increases for individual properties will vary therefore each property will be impacted differently, some less while others more. Keep in mind that properties, including Seasonal Recreational/Waterfront, that are in other property classifications will experience different impacts dependent upon the assessment increase.

INCREASED ASSESSMENT INCREASED PROPERTY TAXES


THANK YOU !


property of the township of madawaska valley 2015 municipal budget

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