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2016-2020 Proposed Financial Plan
and Capital Expenditure Program
Leadership, Decision Making,
Sustainability
CVRD Presentation Outline
1. Who we are2. Financial planning process3. Budgeting in a regional district4. Strategic plan 5. 2016 consolidated budget6. Recap and what’s next
Participant Population *
Area A – Baynes Sound - Denman/ Hornby 6.899
Area B – Lazo North 7,190
Area C – Puntledge-Black Creek 8,325
Town of Comox 13,627
City of Courtenay 24,099
Village of Cumberland 3,398
Total 63,538
Who We Are3 Electoral Areas / 3 Municipalities
(established Feb 2008)
*Based on 2011 census information
Financial Planning Process
Financial Plan Process Overview
Sept–DecInternal budget preparation
January2016 completed rolls receivedProposed FP published on website
Jan-Mar Committees review service budgetsProvides direction for changes
March Recommended FP goes to the Board for adoption
Financial Plan Process
• Proposed FP• Completed roll• Tax impacts
Step 1
• Recommended FP• Updated budgets
Step 2 • Bylaw for adoption• Revised roll• March 31 deadline
Step 3
Financial Planning in a
Regional District
Financial Planning in a Regional District
Each service is established through a bylaw or Local Government Act (LGA) that outlines its purpose, allowable funding sources and the participants of the service
Each service / function has a stand alone budget (revenue and expenditure plan) and is identified by a function number
Financial Planning in a Regional District (cont’d)
There is no ability to transfer between services
Services vary in size from small localized services such as street lighting services to large regional services such as recreation complexes or transit
Participant # of Services
Area A – Baynes Sound - Denman/ Hornby 67
Area B – Lazo North 48
Area C – Puntledge-Black Creek 51
Town of Comox 22
City of Courtenay 23
Village of Cumberland 19
Services ProvidedProvide 97 service functions to property
owners in the Regional District
CVRD Services Provided
Legislated Services provided (mandated) • Administration & general government• Member municipality administration• Electoral area administration
CVRD Services Provided
• Comox Valley wide• Comox Valley excluding Denman/Hornby Islands• Courtenay/Comox• Courtenay/Comox/Area B• Comox Valley excluding Denman, Hornby and
Cumberland• Electoral areas• Electoral areas excluding Denman/Hornby• Local service areas (including Denman & Hornby
Islands)
Website Orientation – 2016 Budget Access to 2016 Proposed budget found at
http://www.comoxvalleyrd.ca/EN/main/departments/finance/proposed-financial-plan.html
Select Proposed Financial PlanSelect 2016-2020 Financial Plan Main PagePrevious financial plans are available and can be
accessed through the CVRD website link to “past financial plans” under the finance department
Website Orientation – 2016 Budget
Strategic Plan
2015-2018 Strategic Priorities
January 2015 Governance session – Jan 6, 2015
June 2015 Vision / Goal setting Priority setting session
Annual Refresh June 2016; 2017; 2018
CVRD Consolidated
Proposed Budget
Services
CapacityEconomic environment
Assessment values
Taxation levels
Regulatory standards i.e.
VIHA
Staffing
Citizen expectations and perceived value
Fees and permits
Grant Availability
Demographics
Risk Management
Challenges & Influences for 2016
Asset management
Factors considered in preparing the 2016-2020 Financial Plan
• Balancing of short term impacts while ensuring long term fiscal stability and sustainability
• Completing projects in progress
• Focus on strategic priorities i.e. Drainage
• Building reserves to appropriate levels for the future –Asset Management
• Managing risk
• Holding requisition levels steady wherever possible to minimize tax impacts
Total Net Taxable Assessed Values2007 – 2016
2007 8,842,088,430 2008 10,155,369,669 2009 10,314,062,757 2010 10,299,437,562 2011 10,759,935,767 2012 10,812,934,308 2013 10,824,385,478 2014 10,734,994,3082015 10,859,342,8232016 11,151,627,045
2016 Net Taxable Values by Property Class(millions)
Property Class Comox Courtenay CumberlandElectoral
AreasTotal
01 Residential 1,923.4 3,178.7 403.5 4,420 9,925.7
02 Utilities 10.6 18.5 3 26.1 58.2
04 Major Industry - - - -
05 Light Industry 0.08 5 6.4 14.3 25.8
06 Business/Other 116.8 694.3 41 104.5 956.6
07 Managed Forest - - 3.7 147 150.7
08 Rec/Non-Profit 2.7 4.2 0.6 13.9 21.4
09 Farm 0.04 0.7 - 12.5 13.2
Total 2,053.6 3,901.4 458.2 4,738.4 11,151.6
Change in Converted Assessed Value by Participant
Participant 2015 2016 % Change
Area A $194,316,826 $199,222,426 2.52%
Area B $139,272,315 $144,899,711 4.04%
Area C $178,539,802 $184,230,206 3.18%
Comox $217,859,834 $221,851,782 1.83%
Courtenay $481,662,842 $491,397,231 2.02%
Cumberland $52,647,704 $53,936,217 2.44%
Total $1,264,299,323 $1,295,537,573 2.47%
-
50
100
150
200
250
300
350
400
450
500
Asse
ssed
Val
ues
(Mill
ions
)5 Year Comparison of Converted Assessed Values
2012
2013
2014
2015
2016
2015/16 Assessment Shift Example
Recreation Grant (600)
2015 Requisition 2016 Requisition$
Change
Comox 45,664 45,379 -285
Courtenay 100,958 100,514 -444
Cumberland 11,035 11,033 -2
Area A 40,729 40,751 22
Area B 29,192 29,639 447
Area C 37,422 37,684 262
Total $265,000 $265,000 0
Taxation32%
Other Transfers 20%
includes grants, reserves, etc.
Debt Proceeds 20%
Other Revenue28%
Includes tipping fees, user rates,
etc.
2016 Revenue Budget
Parcel / Frontage Tax & User Fee Impacts
All parcel or frontage taxes remain the same as 2015 with the exception of:o Black Creek/Oyster Bay frontage tax increaseo Jackson Drive Sewer increase
There are user fee increases included in 2016 for:o Comox Strathcona waste management (tipping fees)o Denman Island watero BC/OB watero Local Service Areas Water (LSAs) services (5)o CV recreation complexeso CV exhibition grounds
Services at Maximum Requisition(at 2016 Completed Roll)
# Service 2016 Maximum
298 Unsightly Premises Extended Service $31,250
307 Denman Island Water Parcel Tax $6,250
451 CV Homelessness Supports Service $165,000
606 Hornby Island Recreation $22,942
660 CV Exhibition Grounds $368,000
Consolidated Requisition Comparison
Jurisdiction 2015 Actual 2016 PB $ Change%
Change
Electoral areas $12,326,120 $13,022,828 $696,708 5.65%
Municipalities w/o sewer
$6,543,066 $7,029,875 $486,809 7.44%
Sewer $4,776,865 $5,254,552 $477,687 10.00%
Total $23,646,051 $25,307,255 $1,661,204 7.03%
Requisition by Participant 2010– 2016 (excluding sewer)
$-
$1
$2
$3
$4
$5
MIL
LIO
NS
2011 2012 2013 2014 2015 2016
Sewer Requisition 2005 – 2016
$0
$1
$2
$3
$4
COMOX COURTENAY
Mill
ions
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Requisition by Participant – Comox(Without Sewer)
2015 2016 $ Change
CS Waste Management
$76,611 $107,430 $30,819
Remaining requisition
$1,772,045 $1,831,353 $59,308
Total (w/o sewer) $1,848,656 $1,938,783 $90,127
Requisition by Participant – Courtenay (Without Sewer)
2015 2016 $ Change
CS Waste Management
$169,377 $237,955 $68,578
CV Homelessness supports
$0 $81,983 $81,983
Remaining requisition
$3,911,068 $4,049,086 $138,018
Total $4,080,445 $4,369,024 $288,579
Requisition by Participant - Cumberland
2015 2016 $ Change
CS Waste Management
$18,514 $26,118 $7,604
CV Homelessness Supports
$0 $9,045 $9,045
Remaining requisition
$414,369 $430,597 $16,228
Total $432,883 $465,760 $32,877
Requisition by Participant Area A (Baynes Sd/DI/HI)
2015 2016 $ Change
CS Waste Management
$68,872 $97,845 $28,973
VI Regional Library $430,914 $443,970 $13,056
CV Homelessness supports
$0 $19,641 $19,641
Remaining Requisition
$2,610,276 $2,702,621 $92,345
Total $3,110,062 $3,264,077 $154,015
Requisition by Participant - Area B
2015 2016 $ Change
CS Waste Management
$52,323 $74,334 $22,011
VI Regional Library $327,370 $337,289 $9,919
CV Homelessness Supports
$0 $23,919 $23,919
Remaining requisition
$2,565,043 $2,709,449 $144,406
Total $2,944,736 $3,144,991 $200,255
Requisition by Participant - Area C
2015 2016 $ Change
CS Waste Management
$58,896 $83,673 $24,777
VI Regional Library $368,500 $379,666 $11,166
CV Homelessness Supports
$0 $30,412 $30,412
Remaining requisition
$3,077,877 $3,204,924 $127,047
Total $3,505,273 $3,698,675 $193,402
General administration
4.2%
Governance1.6%
General government2.2%
Water, sewer & solid waste services
58.9%Member municipality debt2.9%
Protective (includes fire protection)
7.8%
Planning & economic development
4.0%
Recreation & cultural14.4%
Public health0.5%
Transit & drainage3.3%
Expenditure by service type
Economic Development & regional growth
1.8%
Sewer 24% General
Administration5%
Protective 1%
General Government
0.1%Recreation &
Cultural 11%
Governance1%
Solid Waste38%
Public Health
1%
Transportation & Drainage
4%
Water 13%
Expenditure by service type – municipal participants only
Economic Development & regional growth
2%
General Administration
4%General
Government 5%
General Planning6%
Governance3%
Protective 18%
Public Health 0.3%
Recreation & Cultural
21%
Sewer 0.03%
Solid Waste24%
Transportation & Drainage
4%
Water 13%
Expenditure by service typeelectoral area participants only
Budget by Expenditure TypeType 2015 2016 Change
Personnel Costs $13,507,746 $13,931,108 $423,362
Operating Costs $28,918,541 $29,632,457 $713,916
Debt Servicing Costs $8,544,710 $7,523,193 -$1,021,517
Reserve Contributions $3,508,436 $4,293,874 $785,438
Capital Expenditures $25,124,173 $28,818,170 $3,693,997
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
2015 2016
Thou
sand
sBudget by Expenditure Type
Personnelcosts
Operatingcosts
Debt sevicecosts
Reservecontributions
Capitalexpenditures
Highlights Reason
CUPE collective agreementCUPE negotiations completed January 2015 with four year term negotiated to December 31, 2018
USW collective agreement USW negotiations completed with three year contract agreed to from February 2015 – January 31, 2018
BenefitsIncreased long term disability costs of 20%, WCB rate increase over previous two years shows 25% increase. Slight decrease to pension costs this year (10.1% down to 9.93%)
Fire ServicesLegal review of all policy and personnel policy of fire services to be in alignment with CVRD human resources model
Finance
Requesting support for one position to be partially funded in 2016 with full implementation by 2017 to address procurement challenges as outlined in AGLG audit (manager of procurement proposed)
Overview of Personnel
Capital Expenditures
Capital is funded by:• Operating transfers• Reserves• Debt• Grants (based on availability)
Capital Fund 2015 2016 $ Change
General Fund $17,313,955 $20,531,170 $3,039,215
Water Fund $3,999,616 $5,438,000 $1,438,384
Sewer Fund $3,781,237 $3,027,000 -$754,237
Total $25,094,808 $28,818,170 $3,723,362
Examples of Capital Projects• HI Fire (220) - New Fire Hall• CSWM (391) – CV Landfill Closure and Engineered
Landfill Construction• CV Recreation Complexes (645) – Energy Retrofit• CV Water Supply (300) – Water Treatment Study
and Design• Water Local Service Areas (305-317) –
Infrastructure Upgrades• CV Sewerage (335) – Sewer Infrastructure
Upgrades i.e. Pump Station #2
Asset Management Plans(AMPs)
Developing AMPs for:
CS Waste Management Service (391)
CV Water Supply (300)
Water Local Service Areas (305,307,309,311,314,317)
Black Creek / Oyster Bay Water (313)
Royston Water (312)
Jackson Drive Sewer (330)
EA Fire 210-235
CV Sewerage 335-338
Recreation Complexes 645-649
CV Exhibition Grounds 660
EA Parks and Greenways 619/620 & 621
Current AMPs
Cumberland Property Property Number Function Name 2015 $274,000 2016 $280,000
100 Member Municipality Admin $0.0487 $13.34 $0.0478 $13.38110 General Administration $0.0137 $3.75 $0.0134 $3.75150 Regional Feasibility Studies $0.0012 $0.33 $0.0011 $0.31200 Victim Services $0.0065 $1.78 $0.0066 $1.85205 CV Justice Centre $0.0031 $0.85 $0.0030 $0.84265 Search & Rescue $0.0087 $2.38 $0.0087 $2.44275 911 Answering Service $0.0523 $14.33 $0.0555 $15.54345 Pesticide Awareness $0.0026 $0.71 $0.0025 $0.70391 CS Waste Management $0.0352 $9.64 $0.0484 $13.55450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $4.62512 Regional Growth Strategy $0.0036 $0.99 $0.0035 $0.98550 CV Economic Development $0.0940 $25.76 $0.0964 $26.99600 Recreation Grant $0.0210 $5.75 $0.0205 $5.74645 CV Recreation Complexes $0.3562 $97.60 $0.3585 $100.38660 Exhibition Grounds $0.0264 $7.23 $0.0280 $7.84780 Transit $0.1176 $32.22 $0.1217 $34.08795 CV Airport $0.0247 $6.77 $0.0241 $6.75
$223.45 $239.74
Average 2016 Assessed
value=
$280,000
2016 Increase
=$16.29
270CV Emergency
ProgramContract Service
2016 Average Assessed
value =
$280,000
2016 Increase
=$16.29
Courtenay Property Property Number Function Name 2015 $319,000 2016 $330,000
100 Member Municipality Admin $0.0487 $15.54 $0.0478 $15.77110 General Administration $0.0137 $4.37 $0.0134 $4.42150 Regional Feasibility Studies $0.0012 $0.38 $0.0011 $0.36200 Victim Services $0.0065 $2.07 $0.0066 $2.18205 CV Justice Centre $0.0031 $0.99 $0.0030 $0.99265 Search & Rescue $0.0087 $2.78 $0.0087 $2.87275 911 Answering Service $0.0523 $16.68 $0.0555 $18.32391 CS Waste Management $0.0352 $11.23 $0.0484 $15.97400 Cemetery $0.0119 $3.80 $0.0131 $4.32450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $5.45512 Regional Growth Strategy $0.0036 $1.15 $0.0035 $1.16550 CV Economic Development $0.0940 $29.99 $0.0964 $31.81600 Recreation Grant $0.0210 $6.70 $0.0205 $6.77601 CV Track & Fields $0.0179 $5.71 $0.0174 $5.74645 CV Recreation Complexes $0.3562 $113.63 $0.3585 $118.31660 Exhibition Grounds $0.0264 $8.42 $0.0280 $9.24780 Transit $0.1176 $37.51 $0.1217 $40.16795 CV Airport $0.0247 $7.88 $0.0241 $7.95
$268.82 $291.79
Average 2016
Assessed value
=$330,000
2016 Increase=
$22.97
2016 Assessed
value=
$330,000
2016 Increase$22.97
270CV Emergency
ProgramContract Service
345Pesticide
AwarenessContract Service
300CV Water Supply
ServiceMunicipal
Utility
335CV Sewerage
ServiceMunicipal
Utility
Comox Property Property Number Function Name 2015 $324,000 2016 $332,000
100 Member Municipality Admin $0.0487 $15.78 $0.0478 $15.87110 General Administration $0.0137 $4.44 $0.0134 $4.45150 Regional Feasibility Studies $0.0012 $0.39 $0.0011 $0.37200 Victim Services $0.0065 $2.11 $0.0066 $2.19205 CV Justice Centre $0.0031 $1.00 $0.0030 $1.00265 Search & Rescue $0.0087 $2.82 $0.0087 $2.89275 911 Answering Service $0.0523 $16.95 $0.0555 $18.43391 CS Waste Management $0.0352 $11.40 $0.0484 $16.07400 Cemetery $0.0119 $3.86 $0.0131 $4.35450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00512 Regional Growth Strategy $0.0036 $1.17 $0.0035 $1.16550 CV Economic Development $0.0940 $30.46 $0.0964 $32.00600 Recreation Grant $0.0210 $6.80 $0.0205 $6.81601 CV Track & Fields $0.0179 $5.80 $0.0174 $5.78645 CV Recreation Complexes $0.3562 $115.41 $0.3585 $119.02660 Exhibition Grounds $0.0264 $8.55 $0.0280 $9.30780 Transit $0.1176 $38.10 $0.1217 $40.40795 CV Airport $0.0247 $8.00 $0.0241 $8.00
$273.03 $288.08
Average 2016
Assessed value
=$332,000
2016 Increase=
$15.05
2016 Assessed
value=
$332,000
2016 Increase$15.05
270CV Emergency
ProgramContract Service
345Pesticide
AwarenessContract Service
300CV Water Supply
ServiceMunicipal
Utility
335CV Sewerage
ServiceMunicipal
Utility
Area A ‐ All Property Property Number Function Name 2015 $352,000 2016 $367,000
110 General Administration $0.0137 $4.82 $0.0134 $4.92130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00530 House Numbering Area A $0.0005 $0.18 $0.0005 $0.18600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations $0.0048 $1.69 $0.0047 $1.72780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84
$283.75 $305.38
Area A ‐ Baynes Sound Property Property Number Function Name 2015 $352,000 2016 $367,000
120 Grant in Aid Area A Baynes Snd. $0.0167 $5.88 $0.0164 $6.02151 Area A Baynes Sd Feasibility Studies $0.0360 $12.67 $0.0353 $12.96285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57691 Heritage Conservation A Baynes Snd $0.0015 $0.53 $0.0015 $0.55
$457.28 $485.39
Average 2016
Assessed value$367,000
2016 Increase(All A) $21.63
+ (Baynes Sound)
$28.11 =
$49.74
Assessed value of
$367,000
2016 Increase
(All A) $21.63
+(Baynes Sound)$28.11
=$49.74
Fire ServiceLSA or Other
Provider
Water Service Utility
Street Lighting Service
LSA
Area A ‐ Denman Island Property Property
Number Function Name 2015 $352,000 2016 $367,000 123 Denman Island ‐ Grant in Aid $0.0381 $13.41 $0.0373 $13.69154 Denman Island Feasibility Studies $0.0116 $4.08 $0.0113 $4.15215 Denman Island Fire Protection $0.7413 $260.94 $0.7605 $279.10362 Denman Island Garbage Collection $0.1800 $63.36 $0.1838 $67.45555 Denman Island Economic Dev $0.1502 $52.87 $0.1498 $54.98605 Denman Island Recreation $0.0467 $16.44 $0.0456 $16.74607 Denman/Hornby Rec Complex Cont $0.0327 $11.51 $0.0316 $11.60619 Denman Island Parks & Greenways $0.2384 $83.92 $0.2330 $85.51675 Denman Island Community Hall $0.1225 $43.12 $0.1197 $43.93694 Denman Island ‐ Heritage Conserv. $0.0032 $1.13 $0.0031 $1.14
$550.77 $578.28
2016 Assessed
value $367,000
2016 Increase
(All A) $21.63
+(Denman
Island)$27.51
=$49.14
Water Service LSA
Street Lighting LSA
Land Use Planning Other Provider
Assessed value
$367,000
2016 Increase
(All A) $21.63
+(Denman
Island)$27.51
=$49.14
Area A ‐ Hornby Island Property Property
Number Function Name 2015 $352,000 2016 $367,000 124 Hornby Island Grant in Aid $0.0343 $12.07 $0.0330 $12.11155 Hornby Island ‐ Feasibility Studies $0.0181 $6.37 $0.0174 $6.39220 Hornby Island Fire Protection $1.0567 $371.96 $1.0145 $372.32
360 Hornby Island Garbage Disposal $0.4467 $157.24 $0.4289 $157.41556 Hornby Island Economic Dev $0.1534 $54.00 $0.1473 $54.06606 Hornby Island Recreation $0.0490 $17.25 $0.0470 $17.25607 Denman/Hornby Rec Complex Cont $0.0327 $11.51 $0.0316 $11.60620 Hornby Island Parks & Greenways $0.2384 $83.92 $0.2502 $91.82670 Hornby Island Community Hall $0.1536 $54.07 $0.1474 $54.10688 Hornby Island Comfort Station $0.0268 $9.43 $0.0279 $10.24695 Hornby Island ‐ Heritage Conserv. $0.0033 $1.16 $0.0031 $1.14
$778.98 $788.43
2016 Assessed
value $367,000
2016 Increase
(All A) $21.63
+(Hornby Island)$9.45
=$31.08
Assessed value
$367,000
2016 Increase
(All A) $21.63
+(Hornby Island)$9.45
=$31.08
Land Use Planning
Other Provider
Area B Property Property
Number Function Name 2015 $352,000 2016 $367,000 110 General Administration $0.0137 $4.82 $0.0134 $4.92121 Grant in Aid Area B $0.0221 $7.78 $0.0212 $7.78130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40152 Feasibility Studies ‐ Area B $0.0015 $0.53 $0.0084 $3.08200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76400 Cemetery $0.0119 $4.19 $0.0131 $4.81450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28531 House Numbering Area B $0.0005 $0.18 $0.0005 $0.18550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations $0.0048 $1.69 $0.0047 $1.72692 Heritage Conservation ‐ Area B $0.0072 $2.53 $0.0069 $2.53780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84
$736.98 $789.45
2016 Assessed
value $367,000
2016 Increase
=$52.47
Fire Protection LSA
Water Service LSA
Sewer Service LSA
Street Lighting LSA
2016 Assessed
value $367,000
Area B2016
Increase=
$52.47
Area C Property Property
Number Function Name 2015 $352,000 2016 $367,000 110 General Administration $0.0137 $4.82 $0.0134 $4.92122 Grant in Aid ‐ Area C $0.0381 $13.41 $0.0369 $13.54130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40153 Feasibility Studies ‐ Area C $0.0056 $1.97 $0.0054 $1.98200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28532 House Numbering Area C $0.0005 $0.18 $0.0005 $0.18550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations $0.0048 $1.69 $0.0047 $1.72693 Heritage Conservation ‐ Area C $0.0056 $1.97 $0.0054 $1.98780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84
$739.31 $788.76
2016 Assessed
value $367,000
2016 Increase
=$49.45
2016 Assessed
value $367,000
Area C2016
Increase=
$49.45
Fire Protection LSA
Water Service LSA
Street Lighting LSA
Recap CVRD Proposed BudgetFurther meetings are on the websiteService budgets will be presented to committeesRecap of the process will be provided at each
budget meeting.2016-2020 CVRD financial plan bylaw presented
to the CVRD Board for adoption on Mar 22/24, 2016
Full budget binder and today’s presentation on website at http://www.comoxvalleyrd.ca/EN/main/departments/finance/proposed-financial-plan.html
Thank you
Questions?
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