City of Pitt Meadows. Taxation - Townhall Meeting February 19, 2015

Size: px
Start display at page:

Download "City of Pitt Meadows. Taxation - Townhall Meeting February 19, 2015"

Transcription

1 City of Pitt Meadows Taxation - Townhall Meeting February 19, 2015

2 Agenda Mayor s Welcome Property Tax Assessment Explained Budget & Business Planning Process Tax Calculation Process Budget Components 2015 Taxes & Utilities Beyond the 2015 Budget Questions/Comments?

3 Property Tax Assessment Explained Introduction: Mr. Raj Sandhu, Acting Assessor BC Assessment, Fraser Valley Region

4 Budget & Business Planning Process

5 Strategic Plan Articulates Council s high level goals and priorities Department Business Plans Identifies department tasks /actions that meet the Strategic Plan & maintain dayto-day operations and service levels Five Year Financial Plan (Budget) Identifies the resources needed to achieve those plans that is then used to set the tax rate

6 Provision of Services Budget Driver Essential Services: Police, Fire, Water, Sewer, Drainage, Diking, Roads Priority Services: Parks, Recreation, Library, Bylaw Enforcement, Licensing, Arts, Culture, Heritage, Planning, Garbage/Recycling, Enviro/Sustainability Management, Economic Development Support Services: Communications, Human Resources, Payroll, Finance, Administration, Legislative Services, Information Technology, Facilities

7 Tax Calculation Process

8 Tax Calculation Three factors that determine the amount of tax each home pays: Variable A - Tax revenue needed to balance the budget & fund services (determined by Council) Variable B - Total assessed values of all properties (Provided by BC Assessment) Variable C - Mill Rate generated by dividing the revenue needed by the assessed value Tax Revenue A Assessed Values B / 1,000 Mill Rate C

9 Assessed Value Changes Assessed value increases DO NOT bring revenue windfall to municipalities Council determines the amount of tax to collect not BC Assessment Once Council sets the tax revenue, this revenue variable is fixed When the assessed values rise, the mill rate is decreased to generate the same level of taxation approved by Council Tax Revenue Assessed Values Mill Rate A / (B/1,000) = C

10 Class Description Tax Class # Revenue ($) (%) Residential 1 7,010 10,040, Utilities , Major Industry , Light Industry , Business & Other ,329, Recreation/Non Profit , Farm , TOTALS 16,192, %

11

12

13 School $941 Municipal Taxes $1,773 44% External Agencies $1,149 29% Municipal Utilities $1,075 27% Water $438 Translink $152 BC Assessment $28 GVRD $28 Diking $2 Drainage $99 Sewer $283 Solid Waste $253

14 Budget Components

15 Operating Costs: Direct & ongoing tax impact Typically day-to-day costs of running the City Wages Materials/Supplies Training & Professional Development Heat & Light Insurance

16 Capital Costs: Indirect tax impact Funding sources that DO affect tax Annual Reserve Contributions Debt Funding sources that DON T affect tax Road Use Levies Development Cost Charges Grants

17 Reserves: For asset/infrastructure replacement Reduce/eliminate the need for borrowing and related costs Operating Reserves - one-time costs can be managed without taxation impact

18 Where Does the Money Come From? Taxation 75% Fees & Charges 21% Reserve Transfers 2% Grants 2%

19 2015 Taxes & Utilities Where are we at?

20 Taxation: Single Family Home Cost Drivers Amount $ Tax $ Tax % Council $ -3,800 $ % Administration & Emergency Programs 2, % Human Resources, IT & Communications 37, % Fire & Rescue Services 20, % Finance & Facilities % Operations & Development Services 28, % City Departments $ 46,200 $ % Library 37, % Parks & Leisure 42, % Police - RCMP 133, % Service Delivery Partners $ 213,700 $ % Taxes from New Development - Growth -500, % Building Replacement Reserve 247, % Capital Reserves 105, % Operating Reserves 193, % Corporate Finance (Port PILT, Tax Penalties, 1% Utility, Ec Dev Fee) -305, % Corporate Finance $ -259, % PROPOSED Tax Increase $ 0 $ %

21 Utilities: Single Family Home Service Type 2014 Budget 2015 Budget $ Variance Sanitary Sewer Services $ 283 $ 275 $ -8 Water Services Storm Drainage Services Diking Solid Waste Services Subtotal (User Fee Charges) $1,012 $1,007 $ -5 Storm Drainage Services (mill rate) Total Utility Charges $1,075 $1,075 $ 0

22 Combined: Single Family Home Business Unit 2014 Budget 2015 Budget $ Variance User Fee/Tax Impact Corporate Finance $ -143 $ -227 $ % Operating Reserves % Capital Reserves % Building Replacement Reserve % 1% Strategic Asset Levy % City Departments % Library % Parks & Leisure % Police - RCMP % Subtotal - Before Utilities $ 1,773 $ 1,773 $ % Storm Drainage (mill rate) % User Fee Utilities (Drainage, Water, Sewer, Dyking, Solid Waste) 1,012 1, % Total Property Charges $ 2,848 $ 2,848 $ %

23 Combined: Single Family Home $2,875 $2,850 $2,848 $2,848 $2,825 $2,800 $2,775 $11 $26 $5 $4 $4 $14 ($5) $5 $2,750 ($84) $20 $2,725 $2,700

24 Where Does the Money Go? Police 20% Capital Reserves 21% Salaries & Wages 19% Supplies & Equipment 1% Training & Development 1% Parks & Leisure 10% Library 5% Contracts & Fees 12% Arena 6% Vehicles 2% Utilities 1% Debt 2%

25 Service Value Library 128 Fire & Rescue Services 136 Public Works, Dev Svcs 188 Parks & Leisure Services 247 General Government 101 Police Services 516 Transfer to Reserves 457 Diking 2 Drainage Utility 107 Solild Waste 253 Sewer Utility Water Utility ,848 Total Car Insurance 1,800 Cable TV (HD Basic) 600 Telephone & Internet 900 Home Security System 350 Home Insurance Gas & Electricity 850 2,250

26 Service Value 2014 Municipality Taxes Utilities Total Charges West Vancouver 3, ,237 North Vancouver District 2,469 1,473 3,942 White Rock 3, ,760 New Westminster 2,534 1,196 3,730 Port Moody 2, ,638 Vancouver 2,541 1,030 3,571 Coquitlam 2,244 1,093 3,337 Burnaby 2,184 1,133 3,317 Richmond 2,113 1,117 3,230 North Van, City of 2,148 1,057 3,205 Port Coquitlam 2, ,957 Maple Ridge 2, ,935 Delta 2, ,892 Langley Township 1,754 1,126 2,880 Pitt Meadows 1,835 1,012 2,848 Surrey 1,601 1,173 2,774 Langley City 1, ,730

27 Beyond The 2015 Budget

28 Revenues $ 23,582,200 $ 24,396,800 $ 25,165,000 $ 25,779,900 City Departments 8,700,100 8,815,600 8,990,700 9,074,500 Service Delivery Partners 9,884,400 10,299,100 10,602,700 10,839,200 Reserve Provisions 4,997,700 5,282,100 5,571,600 5,866,200 PROPOSED Increase - Tax % 3.42% 3.14% 2.99% 2.89%

29 Expenditure Controls Increase Non-Tax Revenues Service Accessibility Service Level Adjustments

30 Questions, Comments, Suggestions???

The most recent published information of the other Municipalities concerning their respective 2011 Operating Budget tax increases are as follows:

The most recent published information of the other Municipalities concerning their respective 2011 Operating Budget tax increases are as follows: GP - 5 GP - 6 GP - 7 GP - 8 January 10, 2011-5 - The most recent published information of the other Municipalities concerning their respective 2011 Operating Budget tax increases are as follows: Vancouver

More information

City of Pitt Meadows 2015 Utilities Financial Plan December 11, 2014

City of Pitt Meadows 2015 Utilities Financial Plan December 11, 2014 City of Pitt Meadows 2015 Utilities Financial Plan December 11, 2014 Agenda Purpose of Today s Presentation Drainage 2015 Capital & Operating Budget Sewer 2015 Capital & Operating Budget Water 2015 Capital

More information

Working Together to Create a Great City With a Heart

Working Together to Create a Great City With a Heart Working Together to Create a Great City With a Heart The Government Finance Officers Association of the United States and Canada (GFOA) presented an award of Distinguished Budget Presentation Award to

More information

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan.

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. CITY OF SURREY BY-LAW NO. 16828 A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. WHEREAS pursuant to Section 165 of the Community Charter being Chapter 26 of the

More information

THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 3899

THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 3899 THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. A Bylaw to adopt the 2015 to 2019 Financial Plan Whereas the Community Charter, Section 165, directs that a Five Year Financial Plan may be amended

More information

FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025

FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025 FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025 This consolidation is a copy of a bylaw consolidated under the authority of section 139 of the Community Charter. (Consolidated on September 1, 2015

More information

5 YEAR FINANCIAL PLAN (2013-2017)

5 YEAR FINANCIAL PLAN (2013-2017) CITY OF RICHMOND 5 YEAR FINANCIAL PLAN (2013-2017) BYLAW NO. 8990 EFFECTIVE DATE February 25, 2013 - 2 - Bylaw 8990 5 Year Financial Plan (2013-2017) The Council of the City of Richmond enacts as follows:

More information

EXPENDITURES SUMMARY 2014 2015 INCREASE BUDGET BUDGET (DECREASE) (Restated) Over 2014

EXPENDITURES SUMMARY 2014 2015 INCREASE BUDGET BUDGET (DECREASE) (Restated) Over 2014 EXPENDITURES SUMMARY 2014 2015 INCREASE (Restated) Over 2014 Mayor and Council 879,500 900,000 20,500 Office of Chief Administrative Officer 577,500 598,500 21,000 Clerks 1,727,500 1,635,000 (92,500) Legal

More information

Regional Planning Information Bulletin

Regional Planning Information Bulletin Farm Lease Lease Agreements Agreements in in Metro Metro Vancouver Vancouver Farm Regional Planning Information Bulletin This bulletin describes farm leases, the amount of farmland leased in the region,

More information

FINANCIAL PLAN 2014-2018

FINANCIAL PLAN 2014-2018 City of Kamloops FINANCIAL PLAN 2014-2018 Financial Planning Process at a Glance The following schedule provides the dates for the Financial Plan process. July-September 2013 Budget preparation guidelines

More information

Road to Renewal NORTH VANCOUVER DISTRICT. Draft Financial Plan

Road to Renewal NORTH VANCOUVER DISTRICT. Draft Financial Plan Road to Renewal NORTH VANCOUVER DISTRICT Draft Financial Plan 2014-2018 About the 2014 2018 Draft Financial Plan The Community Charter requires municipalities to adopt an annual five year Financial Plan,

More information

Vancouver Landfill Gas Capture Optimization Project

Vancouver Landfill Gas Capture Optimization Project May 11, 2015 Vancouver Landfill Gas Capture Optimization Project Allocation of GHG Reduction Credits to Metro Vancouver and its Member Municipalities 2014 Reporting Year This report was prepared by the

More information

EXPENDITURES SUMMARY 2015 2016 INCREASE BUDGET BUDGET (DECREASE) Over 2015 $ $ $

EXPENDITURES SUMMARY 2015 2016 INCREASE BUDGET BUDGET (DECREASE) Over 2015 $ $ $ EXPENDITURES SUMMARY 2015 2016 INCREASE Mayor and Council 900,000 900,000 - Office of Chief Administrative Officer 598,500 598,500 - Clerks 1,635,000 1,659,500 24,500 Legal Services 2,686,000 2,777,000

More information

VANCOUVER POLICE DEPARTMENT PLANNING, RESEARCH & AUDIT SECTION

VANCOUVER POLICE DEPARTMENT PLANNING, RESEARCH & AUDIT SECTION VANCOUVER POLICE DEPARTMENT PLANNING, RESEARCH & AUDIT SECTION ADMINISTRATIVE REPORT REPORT DATE: December 4, 212 BOARD MEETING: December 12, 212 BOARD REPORT # 12111 Regular TO: FROM: SUBJECT: Police

More information

City of Port Alberni 2016-2020 Five Year Financial Plan. Summary Document

City of Port Alberni 2016-2020 Five Year Financial Plan. Summary Document City of Port Alberni Five Year Financial Plan Summary Document Table of Contents About 3 Fire Department 4 Police (RCMP) 5 Economic Development Department 6 The - Five Year Financial Plan Summary Document

More information

Presentation of DISTRICT OF HOUSTON. 2010 TO 2014 Financial Plan

Presentation of DISTRICT OF HOUSTON. 2010 TO 2014 Financial Plan Presentation of DISTRICT OF HOUSTON 2010 TO 2014 Financial Plan What is a Financial Plan? Why? 1) Prudent Planning! 2) Legal Requirement, Community Charter (s165 & s166) First year of the plan is the budget

More information

City of Richmond 5 Year Consolidated Financial Plan (2016 2020)

City of Richmond 5 Year Consolidated Financial Plan (2016 2020) 5 Year Consolidated Financial (2016 2020) Minoru Complex, opening 2017 Purpose The purpose of the 5 Year Consolidated Financial is to ensure the City has the capacity to meet the financial challenges of

More information

PROPOSED CORPORATE BUSINESS PLAN

PROPOSED CORPORATE BUSINESS PLAN PROPOSED CORPORATE BUSINESS PLAN Executive Summary The City of Pitt Meadows has operated under the direction of Council approved annual Business Plans for the past 12 years. The plans are developed to

More information

AGENDA OF THE FVRL BOARD

AGENDA OF THE FVRL BOARD AGENDA OF THE FVRL BOARD SPECIAL MEETING OF THE FRASER VALLEY REGIONAL LIBRARY BOARD Wednesday, November 21, 2012 9:00 a.m. FVRL Administrative Centre 34589 DeLair Road, Abbotsford, BC V2S 5Y1 1.00 CALL

More information

5 YEAR FINANCIAL PLAN (2015-2019)

5 YEAR FINANCIAL PLAN (2015-2019) BYLAW NO. 9220 EFFECTIVE DATE April 13, 2015 CONSOLIDATED FOR CONVENIENCE ONLY This is a consolidation of the bylaws listed below. The amendment bylaws have been combined with the original bylaw for convenience

More information

CITY OF ABBOTSFORD. 2016 2020 Financial Plan 2016 2020 FINANCIAL PLAN

CITY OF ABBOTSFORD. 2016 2020 Financial Plan 2016 2020 FINANCIAL PLAN CITY OF ABBOTSFORD 2016 2020 Financial Plan 2016 2020 FINANCIAL PLAN INTRODUCTION George Murray City Manager 2016 2020 FINANCIAL PLAN Agenda Introduction Context and Comparative Data Draft 2016 2020 Financial

More information

Proposed 2015 2019 Five Year Financial Plan

Proposed 2015 2019 Five Year Financial Plan Proposed 2015 2019 Five Year Financial Plan Received by Committee of the Whole on March 2, 2015 Table of Contents Executive Summary -----------------------------------------------------------------------------

More information

Township of Selwyn Tax Levy Impact Summary $ % Gross Tax Levy Increase $247,166 4.09% Net Tax Levy Increase $181,077 3.00%

Township of Selwyn Tax Levy Impact Summary $ % Gross Tax Levy Increase $247,166 4.09% Net Tax Levy Increase $181,077 3.00% Tax Levy Impact Summary $ % Amounts Increase Taxation requirement - 2015 $6,283,725 Taxation requirement - 2014 ($6,036,559) Gross Tax Levy Increase $247,166 4.09% Less: Adjustment for Real Assessment

More information

Council will attempt to increase the proportion of Town revenue that is derived from sources other than property taxes.

Council will attempt to increase the proportion of Town revenue that is derived from sources other than property taxes. The Community Charter requires certain information to be presented as part of the Five Year Financial Plan. The following Section citations reference the Community Charter: 1) Portion of Funding from Revenue

More information

DISTRICT OF NORTH VANCOUVER GUIDE TO FINANCIAL STATEMENTS

DISTRICT OF NORTH VANCOUVER GUIDE TO FINANCIAL STATEMENTS DISTRICT OF NORTH VANCOUVER GUIDE TO FINANCIAL STATEMENTS DISTRICT OF NORTH VANCOUVER Our goal at North Vancouver District is to make information sharing and reporting convenient, accessible and relevant

More information

TOWN OF VIEW ROYAL BYLAW NO. 862

TOWN OF VIEW ROYAL BYLAW NO. 862 TOWN OF VIEW ROYAL BYLAW NO. 862 A BYLAW TO AUTHORIZE THE FINANCIAL PLAN FOR THE YEARS 20132017 The Council of the Town of View Royal, in open meeting assembled, enacts as follows: 1. This Bylaw may be

More information

CITY OF PRINCE RUPERT 2014 FIVE YEAR FINANCIAL PLAN BYLAW NO. 3345, 2014

CITY OF PRINCE RUPERT 2014 FIVE YEAR FINANCIAL PLAN BYLAW NO. 3345, 2014 CITY OF PRINCE RUPERT 2014 FIVE YEAR FINANCIAL PLAN BYLAW NO. 3345, 2014 A BYLAW FOR THE CITY OF PRINCE RUPERT RESPECTING THE FIVE YEAR FINANCIAL PLAN FOR THE PERIOD 2014-2018 The Council of the City of

More information

TOWN OF LAKE COWICHAN. A Bylaw respecting the Financial Plan for the Town of Lake Cowichan

TOWN OF LAKE COWICHAN. A Bylaw respecting the Financial Plan for the Town of Lake Cowichan TOWN OF LAKE COWICHAN Bylaw No. 943-2014 A Bylaw respecting the Financial Plan for the Town of Lake Cowichan WHEREAS Section 165 of the Community Charter requires a Municipality to prepare and adopt, a

More information

The Corporation of the City of Nelson

The Corporation of the City of Nelson The Corporation of the City of Nelson Agenda 1. Introduction 2. Council Priorities & Strategic Direction 3. 2012 2016 Financial Plan Process 4. Proposed 2012 2016 Financial Plan Presentation 5. City Assets/Reserves/Debt

More information

City of Kamloops FINANCIAL PLAN - DRAFT 2016-2020

City of Kamloops FINANCIAL PLAN - DRAFT 2016-2020 City of Kamloops FINANCIAL PLAN - DRAFT 2016-2020 Financial Planning Process at a Glance The following schedule provides the dates for the Financial Plan process. July-September 2015 Budget preparation

More information

Village of Fruitvale 5 Year Financial Plan

Village of Fruitvale 5 Year Financial Plan Village of Fruitvale 5 Year Financial Plan What is a Financial Plan Required under the Community Charter Future planning for works and services Maintaining current service levels Consider future service

More information

Comments Regarding an Application to Add Slot Machines to the Langley Bingo Palace at 19664-64 Avenue, Langley

Comments Regarding an Application to Add Slot Machines to the Langley Bingo Palace at 19664-64 Avenue, Langley Corporate NO: R157 Report COUNCIL DATE: JUNE 25, 2007 REGULAR COUNCIL TO: Mayor & Council DATE: June 20, 2007 FROM: Acting General Manager, Planning and Development FILE: 0480-20 SUBJECT: Comments Regarding

More information

metrovancouver SERVICES AND SOLUTIONS FOR A LIVABLE REGION

metrovancouver SERVICES AND SOLUTIONS FOR A LIVABLE REGION metrovancouver SERICES AND SOLUTIONS FOR A LIABLE REGION TERMS OF REFERENCE METRO ANCOUER LABOUR RELATIONS FUNCTION PURPOSE The Terms of Reference for the Metro ancouver Labour Relations Function is a

More information

MIB 2015 Summer Mentor Signup

MIB 2015 Summer Mentor Signup MIB 2015 Summer Mentor Signup ADD MENTOR REGISTRATION PROFESSIONAL BACKGROUND Name::* Email Address::* Name of Organization:* Job Title:* Job Function:* Account Management Accounting / Bookkeeping Administrative

More information

2014-2018 Provisional Financial Plans

2014-2018 Provisional Financial Plans 2014-2018 Provisional Financial Plans -1- Table of Contents 2012-2014 Council Priorities...III Staff Report to Council: 2014-2018 Financial Plan... V Budget Presentation Schedule... P-1 General Operating

More information

Info Source. Sources of Federal Government and Employee Information 2015. Vancouver Fraser Port Authority. Table of Contents

Info Source. Sources of Federal Government and Employee Information 2015. Vancouver Fraser Port Authority. Table of Contents Info Source Sources of Federal Government and Employee Information 2015 Vancouver Fraser Port Authority Table of Contents Introduction to Info Source General Information Background Responsibilities Institutional

More information

INDEPENDENT AUDITORS' REPORT

INDEPENDENT AUDITORS' REPORT INDEPENDENT AUDITORS' REPORT March 11, 2014 Penn Township Board of Commissioners Penn Township, York County, Pennsylvania Hanover, Pennsylvania We have audited the accompanying 2013 Municipal Annual Audit

More information

Created by the Province in the mid 1960 s to meet local & regional needs that could not be addressed by municipalities or province itself The Alberni

Created by the Province in the mid 1960 s to meet local & regional needs that could not be addressed by municipalities or province itself The Alberni March 14, 2012 Created by the Province in the mid 1960 s to meet local & regional needs that could not be addressed by municipalities or province itself The Alberni Clayoquot Regional District was created

More information

City of Surrey. Preface. Total Income Fact Sheet

City of Surrey. Preface. Total Income Fact Sheet City of Total Income Fact Sheet Preface Statistics Canada conducts its Census of Population every five years with the most recent census having occurred in 2006. The Census provides information on the

More information

Financial Impact of Site C Construction Workforce on City of Fort St. John

Financial Impact of Site C Construction Workforce on City of Fort St. John Financial Impact of Site C Construction Workforce on City of Fort St. John Presentation to Site C Joint Review Panel Dianne Hunter, City Manager, City of Fort St. John Gerhard Tonn on behalf of the City

More information

Town of Clinton Budget Recommendations

Town of Clinton Budget Recommendations Town of Clinton Budget Recommendations Fiscal Year 2016 July 1, 2015 June 30, 2016 20-May-15 Fiscal Year 2015 Fiscal Year 2016 114 - Moderator Moderator Salary 100.00 100.00 Moderator Misc. Expense 50.00

More information

2007 CAPITAL BUDGET. Definitions and Descriptions

2007 CAPITAL BUDGET. Definitions and Descriptions Definitions and Descriptions Capital Expenditure - A capital expenditure is any significant expenditure incurred to acquire or improve land, buildings, engineering structures, machinery and equipment.

More information

TOWNSHIP OF LIVINGSTON

TOWNSHIP OF LIVINGSTON AUTHORIZING EMERGENCY TEMPORARY BUDGET APPROPRIATIONS Sharon L. Weiner, Township Attorney L Adopted: March 26, 2012 Ap d as to form: Stephen A. R. Turtetaub, T (\\ Government Services. 3. That one certified

More information

NOTICE TO THE GREATER VANCOUVER WATER DISTRICT BOARD

NOTICE TO THE GREATER VANCOUVER WATER DISTRICT BOARD July 18, 2006 NOTICE TO THE GREATER VANCOUVER WATER DISTRICT BOARD You are requested to attend a Regular Meeting of the Greater Vancouver Water District (GVWD) Board of Directors on Friday, July 28, 2006

More information

CITY OF TERRACE BYLAW NO. 2047 2014

CITY OF TERRACE BYLAW NO. 2047 2014 CITY OF TERRACE BYLAW NO. 2047 2014 "A BYLAW TO ADOPT THE 2014-2018 FINANCIAL PLAN." WHEREAS pursuant to Section 165 of the Community Charter, being Chapter 26 of the Statutes of British Columbia, 2003,

More information

DISTRICT OF KITIMAT 2012 FINANCIAL PLAN, BYLAW NO. 1799 Appendix A, Financial Plan for the Five-Year Period 2012-2016

DISTRICT OF KITIMAT 2012 FINANCIAL PLAN, BYLAW NO. 1799 Appendix A, Financial Plan for the Five-Year Period 2012-2016 DISTRICT OF KITIMAT 2012 FINANCIAL PLAN, BYLAW NO. 1799 Appendix A, Financial Plan for the Five-Year Period 2012-2016 2012 2013 2014 2015 2016 Revenues Taxation and Grants in Lieu -20 615 983-21 543 702-22

More information

2010 Financial Plan Summary 18-03-101:52 PM

2010 Financial Plan Summary 18-03-101:52 PM 2010 Financial Plan 18-03-101:52 PM 2010 Financial Plan Table of Contents Page/Slide 3 Statements and Goals 4 Types of Services 5 2010 Financial Plan 6 Changes to Financial Plan 7 Requisition 8 Requisition

More information

FIVE YEAR FINANCIAL PLAN

FIVE YEAR FINANCIAL PLAN FIVE YEAR FINANCIAL PLAN 2013 2017 Award for Financial Reporting The Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award

More information

i n F R A S E R H E A L T H Choices for adults who need 24-hour nursing care, personal care assistance and support

i n F R A S E R H E A L T H Choices for adults who need 24-hour nursing care, personal care assistance and support R E S I D E N T I A L C A R E i n F R A S E R H E A L T H Choices for adults who need 24-hour nursing care, personal care assistance and support T A B L E O F C O N T E N T S About residential care 1 Options

More information

Financial Statement Guide. A Guide to Local Government Financial Statements

Financial Statement Guide. A Guide to Local Government Financial Statements Financial Statement Guide A Guide to Local Government Financial Statements January, 2012 Ministry of Community, Sport and 1 Financial Statement Guide Table of Contents Introduction Legislative Requirements

More information

M I N U T E S 2015 BUDGET AND TAX LEVY PUBLIC HEARING DECEMBER 2, 2014 6:00 P.M. COUNCIL CHAMBERS

M I N U T E S 2015 BUDGET AND TAX LEVY PUBLIC HEARING DECEMBER 2, 2014 6:00 P.M. COUNCIL CHAMBERS M I N U T E S 2015 BUDGET AND TAX LEVY PUBLIC HEARING DECEMBER 2, 2014 6:00 P.M. COUNCIL CHAMBERS MEMBERS PRESENT: MEMBERS ABSENT: OTHERS PRESENT: Mayor Stiehm, Council Members Boughton, Enright, Carolan,

More information

Integrated Solid Waste and Resource Management

Integrated Solid Waste and Resource Management Integrated Solid Waste and Resource Management a Solid Waste Management Plan for the Greater Vancouver Regional District and Member Municipalities JULY 2010 4284355 www.metrovancouver.org Table of Contents

More information

City of Chula Vista. Fiscal Year 2016 2017. Proposed Budget Overview. May 9 and 18, 2016

City of Chula Vista. Fiscal Year 2016 2017. Proposed Budget Overview. May 9 and 18, 2016 City of Chula Vista Fiscal Year 2016 2017 Proposed Budget Overview May 9 and 18, 2016 Agenda Fiscal Year 2016 17 Proposed Budget All Funds Summary General Fund Summary Long Term Financial Plan Fiscal Year

More information

Your Montgomery Taxes

Your Montgomery Taxes Your Montgomery Taxes Plain talk about why, how and where your money goes AND how the City s portion is spent! City of Montgomery 10101 Montgomery Road Montgomery, OH 45242 513-891-2424 www.montgomeryohio.org

More information

Budget Introduction Proposed Budget

Budget Introduction Proposed Budget Budget Introduction Proposed Budget INTRO - 1 INTRO - 2 Summary of the Budget and Accounting Structure The City of Beverly Hills uses the same basis for budgeting as for accounting. Governmental fund financial

More information

Arizona 1. Dependent Public School Systems (14) Arizona ranks 39th among the states in number of local governments, with 639 as of June 2002.

Arizona 1. Dependent Public School Systems (14) Arizona ranks 39th among the states in number of local governments, with 639 as of June 2002. Arizona Arizona ranks 39th among the states in number of local governments, with 639 as of June 2002. COUNTY GOVERNMENTS (15) There are no areas in Arizona lacking county government. The county governing

More information

2013 Proposed Annual Budget (2013-2017 Five-Year Financial Plan) Public Consultation and Information Package

2013 Proposed Annual Budget (2013-2017 Five-Year Financial Plan) Public Consultation and Information Package 2013 Proposed Annual Budget (2013-2017 Five-Year Financial Plan) Public Consultation and Information Package We Want Your Opinion! Building the Annual Budget A Summary How we Build the Annual Budget (Financial

More information

2016 Proposed Budget

2016 Proposed Budget Revenue 301 Real Property Taxes 301.00 Real Estate Taxes 661,079 301.20 Real Estate Taxes Prior 3,000 301.30 Real Estate Taxes Delinquent 15,000 Sub-Total $679,079 310 Local Enabling Taxes 310.10 Real

More information

TOWN OF ALTONA 2016 FINANCIAL PLAN

TOWN OF ALTONA 2016 FINANCIAL PLAN TOWN OF ALTONA 2016 FINANCIAL PLAN Town of Altona 2016 Financial Plan Page 1 of 21 April 11, 2016 TOWN OF ALTONA 2016 FINANCIAL PLAN Executive Summary Municipal Taxes The enclosed budget documentation

More information

On the possibility of contracting out garbage collection and Recycling

On the possibility of contracting out garbage collection and Recycling Submission from Canadian Union of Public Employees Local 402-01 To the Mayor and Council of the City of White Rock On the possibility of contracting out garbage collection and Recycling January 26, 2015

More information

STANDING COMMITTEE ON FINANCE AGENDA REPORT

STANDING COMMITTEE ON FINANCE AGENDA REPORT STANDING COMMITTEE ON FINANCE AGENDA REPORT Subject: REVIEW OF DEBT MANAGEMENT POLICY C-FS-03 Recommendation(s): That the Review of Debt Management Policy C-FS-03 report dated October 11, 2011 be received

More information

2016 Financial Plan Summary 25/03/2016 10:45 AM

2016 Financial Plan Summary 25/03/2016 10:45 AM Table of Contents Page/Slide 3 Statements and Goals 4 Types of Services 5 2013 Financial Plan 6 Changes to Financial Plan 7 Requisition 8 Requisition & Assessment Change 9 Fire Protection 10 Solid Waste

More information

Office Development in Metro Vancouver s Urban Centres

Office Development in Metro Vancouver s Urban Centres March 2015 Office Development in Metro Vancouver s Urban Centres Update to the February 2013 Report Executive Summary ADVANCING METRO 2040 GOALS Actions to encourage office development in Urban Centres

More information

CORPORATE ENERGY AND EMISSIONS PLAN 2010

CORPORATE ENERGY AND EMISSIONS PLAN 2010 CORPORATE ENERGY AND EMISSIONS PLAN 2010 FOR THE 2008 INVENTORY YEAR PREPARED FOR: City of Langley 20399 Douglas Crescent Langley, BC V3A 4B3 PREPARED BY: Hyla Environmental Services Ltd. 400 Capilano

More information

15-01-20. Scope of discussions. Roles (related to financial plan) Douglas Holmes, BBA, CPA, CA Douglas Holmes Consulting. Staff s.

15-01-20. Scope of discussions. Roles (related to financial plan) Douglas Holmes, BBA, CPA, CA Douglas Holmes Consulting. Staff s. Douglas Holmes, BBA, CPA, CA Douglas Holmes Consulting Elected Officials Seminars 2015 1 Scope of discussions l Financial Planning Requirements l Budgeting Cycle l Tricks, Traps, Trials and Tribulations

More information

TABLE OF CONTENTS SECTION 1 - OBJECTIVES AND GUIDING PRINCIPLES... 2 SECTION 2 - OPERATING AND CAPITAL RESERVE FUNDS... 3

TABLE OF CONTENTS SECTION 1 - OBJECTIVES AND GUIDING PRINCIPLES... 2 SECTION 2 - OPERATING AND CAPITAL RESERVE FUNDS... 3 RESERVE AND SURPLUS POLICY Date Policy Adopted: October 5, 2009 Date Policy Amended: December 7, 2009 Council Resolution Number: RC09/656 Council Resolution Number: RC09/781 TABLE OF CONTENTS SECTION 1

More information

2015-2019 FIVE YEAR FINANCIAL PLAN INFORMATION PACKAGE. Highlights Supporting Schedules Five Year Financial Plan (2015 to 2019) Bylaw 3821, 2015

2015-2019 FIVE YEAR FINANCIAL PLAN INFORMATION PACKAGE. Highlights Supporting Schedules Five Year Financial Plan (2015 to 2019) Bylaw 3821, 2015 2015-2019 FIVE YEAR FINANCIAL PLAN INFORMATION PACKAGE Highlights Supporting Schedules Five Year Financial Plan (2015 to 2019) Bylaw 3821, 2015 CITY OF CRANBROOK FIVE YEAR FINANCIAL PLAN HIGHLIGHTS 2015

More information

DRAFT 2016-2020 Financial Plan v1 October 22, 2015

DRAFT 2016-2020 Financial Plan v1 October 22, 2015 DRAFT 2016-2020 Financial Plan v1 October 22, 2015 Agenda: 1. Where we are in the process.. 2. Financial Plan Context 3. Decision Packages a) New Services/Programs b) Enhanced Services/Programs c) Sustaining

More information

FINANCIAL PLAN 2014-2018

FINANCIAL PLAN 2014-2018 FINANCIAL PLAN 2014-2018 BRITISH COLUMBIA, CANADA 2014 2018 FINANCIAL PLAN TABLE OF CONTENTS Page # Message from the General Manager, Finance & Technology... 2 City of Surrey Corporate Functions... 6 FINANCIAL

More information

CITY OF MADISON VISION AND MISSION STATEMENTS

CITY OF MADISON VISION AND MISSION STATEMENTS CITY OF MADISON VISION AND MISSION STATEMENTS Vision Statement: The City of Madison will be a safe and healthy place for all to live, learn, work and play. Mission Statement: The City of Madison, through

More information

administrative subdivisions of the counties and are not counted as separate governments in census statistics on governments. IOWA

administrative subdivisions of the counties and are not counted as separate governments in census statistics on governments. IOWA IOWA Iowa ranks 17th among the states in number of local governments with 1,954 as of October 2007. COUNTY GOVERNMENTS (99) There are no areas in Iowa lacking county government. The county governing body

More information

CITY OF SAN JOSE 2015-2016 PROPOSED OPERATING BUDGET FUND DESCRIPTIONS

CITY OF SAN JOSE 2015-2016 PROPOSED OPERATING BUDGET FUND DESCRIPTIONS Airport Capital s CITY OF SAN JOSE These Enterprise s account for the Airport s capital expenditures and revenues and consist of the following: Airport Capital Improvement ; Airport Revenue Bond Improvement

More information

Why Your Property Taxes Change from Year to Year

Why Your Property Taxes Change from Year to Year Why Your Property Taxes Change from Year to Year Minnesota has a complicated property tax system Understand the what, when, why, and how of your property taxes and get answers to frequently asked questions

More information

GREATER VANCOUVER REGIONAL DISTRICT FINANCE COMMIITEE

GREATER VANCOUVER REGIONAL DISTRICT FINANCE COMMIITEE GREATER VANCOUVER REGIONAL DISTRICT FINANCE COMMIITEE Minutes of the Special Meeting of the Greater Vancouver Regional District (GVRD) Finance Committee held at 12:01 p.m. on Monday, March 17,2014 in the

More information

Welcoming Remarks Director Darrell Mussatto

Welcoming Remarks Director Darrell Mussatto Welcoming Remarks Director Darrell Mussatto Today s focus is on what Metro Vancouver and municipal governments can do to strengthen the local food economy The ideas discussed today will be used to develop

More information

CITY OF NORTH VANCOUVER FINANCIAL PLAN

CITY OF NORTH VANCOUVER FINANCIAL PLAN CITY OF NORTH VANCOUVER FINANCIAL PLAN 2013-2022 141 West 14 th Street North Vancouver BC V7M 1H9 Tel: 604 985 7761 Fax: 604 985 9417 www.cnv.org TABLE OF CONTENTS Message from Mayor Darrell Mussatto...

More information

5 DISPOSITION OF 2010 OPERATING BUDGET SURPLUS AND CHANGES TO CAPITAL PROJECT FUNDING TO REDUCE DEBT

5 DISPOSITION OF 2010 OPERATING BUDGET SURPLUS AND CHANGES TO CAPITAL PROJECT FUNDING TO REDUCE DEBT 5 DISPOSITION OF 2010 OPERATING BUDGET SURPLUS AND CHANGES TO CAPITAL PROJECT FUNDING TO REDUCE DEBT The Finance and Administration Committee recommends the adoption of the recommendations contained in

More information

OPERATING BUDGET FORECAST 2016 TOWN OF MILTON PROPOSED BUDGET

OPERATING BUDGET FORECAST 2016 TOWN OF MILTON PROPOSED BUDGET - OPERATING BUDGET FORECAST 16 TOWN OF MILTON PROPOSED BUDGET Overview Introduction A two-year operating budget forecast has been prepared for and. As outlined in the table below, the forecast shows that

More information

TransLink. 2014 Bus Service Performance Review

TransLink. 2014 Bus Service Performance Review TransLink 2014 Bus Service Performance Review 2014 BUS SERVICE PERFORMANCE REVIEW 3 Table of Contents Executive Summary....4 1. Overview....6 Analyzing bus service performance... 6 2. Planning Context

More information

The Corporation of the City of London Proposed Risk Assessment and 2016 Performance-Based Audit Plan. January 13, 2016

The Corporation of the City of London Proposed Risk Assessment and 2016 Performance-Based Audit Plan. January 13, 2016 The Corporation of the City of London Proposed Risk Assessment and 2016 Performance-Based Audit Plan January 13, 2016 Agenda Team Members 3 Page Summary of Internal Audit Projects 5 Risk Assessment Summary

More information

Fiscal Impact Analysis of the Annexation Proposed by the Town of Beaumont. Leduc County FINAL REPORT

Fiscal Impact Analysis of the Annexation Proposed by the Town of Beaumont. Leduc County FINAL REPORT Fiscal Impact Analysis of the Annexation Proposed by the Town of Beaumont Leduc County FINAL REPORT Suite 2220 Sun Life Place 10123 99 Street Edmonton, Alberta T5J 3H1 T 780.425.6741 F 780.426.3737 www.think-applications.com

More information

Online Tutorial FINANCIAL SUSTAINABILITY PLAN TOWN OF AJAX 2013. Index Print Exit u www.ajax.ca

Online Tutorial FINANCIAL SUSTAINABILITY PLAN TOWN OF AJAX 2013. Index Print Exit u www.ajax.ca Online Tutorial FINANCIAL SUSTAINABILITY PLAN TOWN OF AJAX 2013 Index Print Exit u 1 WELCOME MESSAGE In June 2013, Council approved a Financial Sustainability Plan (FSP), the most comprehensive update

More information

Mayors Welcome Strong Surrey Votes Yes Coalition Support. Yes Vote Would Vastly Improve Transit and Transportation in Fast Growing City

Mayors Welcome Strong Surrey Votes Yes Coalition Support. Yes Vote Would Vastly Improve Transit and Transportation in Fast Growing City Mayors Welcome Strong Surrey Votes Yes Coalition Support Yes Vote Would Vastly Improve Transit and Transportation in Fast Growing City February 11, 2015 Vancouver, BC The Mayors Council on Regional Transportation

More information

Structure of Maryland Local Government Presentation to the Local and Regional Transportation Funding Task Force

Structure of Maryland Local Government Presentation to the Local and Regional Transportation Funding Task Force Structure of Maryland Local Government Presentation to the Local and Regional Transportation Funding Task Force Department of Legislative Services Office of Policy Analysis Annapolis, Maryland September

More information

Request for Qualifications Construction Management Companies RFQ 077RFQ09PB

Request for Qualifications Construction Management Companies RFQ 077RFQ09PB Request for Qualifications Construction Management Companies RFQ 077RFQ09PB CLOSING DATE AND TIME: Nov. 25, 2009-15:00 hrs. Local Time LOCATION: Fraser Health Authority Facilities Planning & Real Estate

More information

Municipal Revenue Sources Review An Analysis of Tax Policy Objectives

Municipal Revenue Sources Review An Analysis of Tax Policy Objectives Municipal Revenue Sources Review An Analysis of Policy Objectives August, 2012 Introduction This paper reviews the financial plan bylaws of select communities across the Province of British Columbia (Province).

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services Year: State of New Jersey Local Government Services 2016 Municipal User Friendly Budget 1215 North Brunswick Township - County of Middlesex Introduced MUNICIPALITY: 324 1 Municode: 1215 Filename: 1215_fbi_2016.xlsm

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services Year: State of New Jersey Local Government Services 2015 Municipal User Friendly Budget MUNICIPALITY: 82 2 Municode: 0256 Filename: 0256_fba_2015.xlsm Website: www.rutherford nj.com Phone Number: (201)

More information

Mission, Vision and Values

Mission, Vision and Values Mission, Vision and Values The City of Greater Sudbury is a growing, world-class community bringing talent, technology and a great northern lifestyle together. We are committed to providing excellent access

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services State of New Jersey Local Government Services Year: 2015 Municipal User Friendly Budget MUNICIPALITY: 526 2 Municode: 1908 Filename: 1908_fba_2015.xlsm Website: greentwp.com Phone Number: 908-852-9333

More information

EXPENDITURES BY PROGRAM

EXPENDITURES BY PROGRAM PROPERTY TAX FACTS The City of North Salt Lake provides many services and amenities to residents and businesses which improve quality of life and provide a safe environment to live and work. Other services

More information

Core Services Review: The Good, The Bad and the Ugly

Core Services Review: The Good, The Bad and the Ugly Core Services Review: The Good, The Bad and the Ugly A Discussion with Toronto City Manager Joe Pennachetti Canadian Association of Municipal Administrators May 29, 2012 OUTLINE 1. The City s Long-Term

More information

BC CONSUMER DEBT STUDY REPORT ON FINDINGS. www.sands-trustee.com 1

BC CONSUMER DEBT STUDY REPORT ON FINDINGS. www.sands-trustee.com 1 2014 BC CONSUMER DEBT STUDY REPORT ON FINDINGS MARCH 2015 www.sands-trustee.com 1 Introduction Sands & Associates 2014 BC Consumer Debt Study is our third annual study profiling trends and key information

More information

{insert employer} Employee Transportation Survey

{insert employer} Employee Transportation Survey {insert employer} Employee Transportation Survey {insert employer} is working with TransLink to broaden the range of commuting alternatives available to its employees. To do this, we need to know your

More information

FY2015/16 Approved Budget. SECTION 26 Glossary

FY2015/16 Approved Budget. SECTION 26 Glossary 26 SECTION 26 Glossary 273 Glossary Account - The primary accounting field in the budget used to describe the type of the financial transaction. Actual - Actual level of expenditures/fte positions approved

More information

Executive Summary. Model Structure. General Economic Environment and Assumptions

Executive Summary. Model Structure. General Economic Environment and Assumptions Executive Summary The (LTFP) report is an update from the preliminary report presented in January 2009 and reflects the Mayor s Proposed Budget for Fiscal Year 2010 and Fiscal Year 2011. Details of the

More information

Denise Gaida Todd County Auditor-Treasurer 215 1 st Ave S, Suite 201 Long Prairie, MN 56347 320-732-4472

Denise Gaida Todd County Auditor-Treasurer 215 1 st Ave S, Suite 201 Long Prairie, MN 56347 320-732-4472 Welcome to the 2015 Truth And Taxation Meeting Denise Gaida Todd County Auditor-Treasurer 215 1 st Ave S, Suite 201 Long Prairie, MN 56347 320-732-4472 Meeting Agenda Presentation of 2015 Budget Information

More information

VILLAGE OF CHASE BYLAW NO. 786 2013. A Bylaw to Adopt the Village of Chase 2013 2017 Financial Plan

VILLAGE OF CHASE BYLAW NO. 786 2013. A Bylaw to Adopt the Village of Chase 2013 2017 Financial Plan VILLAGE OF CHASE BYLAW NO. 786 2013 A Bylaw to Adopt the Village of Chase 2013 2017 Financial Plan WHEREAS the Community Charter requires that municipalities must establish a five year financial plan that

More information

2011-2015 Five-Year Financial Plan Public Consultation and Information Package

2011-2015 Five-Year Financial Plan Public Consultation and Information Package 2011-2015 Five-Year Financial Plan Public Consultation and Information Package Community Charter s.166: A council must undertake a process of public consultation regarding the proposed financial plan before

More information

PLEASE PUBLISH THIS PAGE ONLY

PLEASE PUBLISH THIS PAGE ONLY Form F-66 (IA-2) (5-8-213) STATE OF IOWA 213 FINANCIAL REPORT 162116 FISCAL YEAR ENDED JUNE 3, 213 {enter title} {enter address} NEWELL CITY OF NEWELL, IOWA DUE: December 1, 213 (Please correct any error

More information