Committee of the Whole CouncilPresentation No. 7(2015)-2April 8, 2015

2015 Budget at a Glance Fiscal Impacts at a Glance Key Features of the Budget Historical Review of Property Taxes Historical Review of Debt & Reserves 2015 Draft Operating Budget 2015 Draft Capital Budget & Forecast Reserve, Reserve Funds & Forecasted Debt Ontario Regulation 284/09

2

Net Levy increase for 2015

Tax increase for 2015

Capital Budget for 2015

10-Year Capital Forecast

3.4%

2.6%

$28M

$209M

3

Contribution to Reserves in 2015

Increase in Forecasted Reserves after 10 years (includes Rate Supported Budgets)

External Debt Repayment in 2015

External Debt Reduction Forecasted over 10 years

Double A Credit Rating Maintained

-$51 M

$24 M

+$95 M

$5 M

4

Guideline excluding Policing met: 1.7% Policing impact: 1.7% Tax rate increase: 2.6% (0.82% growth) Continued low tax increases Selected improvements to service levels Investments in capital maintained Fiscal position continues to improve over

10-year forecast

5

6

2011 2012 2013 2014 2015Net Levy Increase Before

Assessment Growth 2.4% 2.0% 1.0% 1.8% 3.4%

Net Levy Increase AfterAssessment Growth 1.0% 1.5% 0.4% 1.2% 2.6%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

Average Tax Levy Increase (2011-2015) = 1.3%

7

2007 2008 2009 2010 2011 2012 2013 2014Est

External Debt ($000) 113,190 107,868 107,501 99,505 98,398 92,561 86,649 81,198Operating & Capital

Reserves ($000) 36,803 46,541 47,006 51,348 50,984 65,598 73,569 76,737

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

Pages 1 – 25 of the Treasurer’s Report

8

Department2015 Net

Levy Increase

Department Yr-over-YrIncrease %

Net Levy Impact

Corporate Services $1,497,000 6.4% 2.33%Non-Program 230,700 8.8% 0.36%Transportation & Locks 185,800 0.8% 0.29%Environment 46,400 1.5% 0.07%Community Services 322,200 4.0% 0.50%Planning & Economic Development (88,300) (3.1%) (0.13%)Net Levy Impact 2,193,800 3.42%Assessment Growth (539,500) (0.82%)Net Levy Impact After Growth $1,658,300 2.58%

1% levy = $641.4 k Net Levy below guideline of 3.0%

2.58% levy increase = $14.19/household (est. based on average assessment of $200,000)

9

10

($300,000) ($100,000) $100,000 $300,000 $500,000 $700,000 $900,000 $1,100,000

Finance ServicesFacility ServicesFleet Operations

Office ServicesElected Officials

Property AssessmentInformation Technology

Health UnitFire

Veterinarian AssistanceHospital Financing

Emergency PlanningCorporate Administration

Human ResourcesLegal Services

Ambulance ServicesAdministration/CAOProvincial Offences

Non-ProgramContinuous Improvement Unit

Police Services

2015 Net Levy Change from 2014 Budget

PoliceAmbulanceProperty AssessmentHealth Unit

84% of CES Levy =

11

($200,000) ($100,000) $0 $100,000 $200,000 $300,000

Traffic

Stormwater Management

Roads Administration

Structures - Bridges & Culverts

Port Carling Locks

Maintenance & Drainage

Roads - Paved

Winter Control

2015 Net Levy Change from 2014 Budget

12

$0 $100,000

Environment Financing

Hauled Sewage Operations

2015 Net Levy Change from 2014 Budget

13

($400,000) ($300,000) ($200,000) ($100,000) $0 $100,000 $200,000 $300,000

Ontario Works FinancialHomelessness Prevention

Children's ServicesPines Debt

LHIN & AccessibilityCommunity Development Initiatives

Ontario Works ProgramsAffordable Housing

Pines OperationsCommunity Housing

2015 Net Levy Change from 2014 Budget

14

($400,000) ($300,000) ($200,000) ($100,000) $0 $100,000 $200,000 $300,000

Planning & Policy

Geomatics

911 Civic Addressing

Economic Development & MTMA

Water Strategy

Airport

2015 Net Levy Change from 2014 Budget

15

2014 Budget

2015 Base

Budget

OPP Policing Change

2015 Service Level

Changes

2015 Total

BudgetTotal Operating Costs $85,080,133 $86,975,546 $1,124,706 $512,924 $88,613,176

Total Finance Charges/Reserves 26,218,853 25,789,417 3,750 25,793,167

Total Net Internal Service Charges (4,435,430) (3,161,790) (4,268) (3,166,058)

Total Expenditures 106,863,556 109,603,173 1,124,706 512,406 111,240,285

Total Revenues (42,720,883) (44,657,550) (39,355) (206,950) (44,903,855)

Net Levy $64,142,673 $64,945,623 $1,085,351 $305,456 $66,336,430

Year-over-Year $ Increase 802,950 1,085,351 305,456 2,193,757

Year-over-Year % Increase 1.25% 1.69% 0.48% 3.42%

ItemAmount at

Risk$

Levy Impact %

Provincial Offences Fines 134,000 0.2%

Ambulance Contract Costs 323,000 0.5%

Transportation Budget 243,000 0.4%

Affordable Housing 205,000 0.3%

Gapping (64,000) (0.1%)

17

Division Request 2015 FTE

Expenditure Impact

$

Net Levy

Impact $

Elected Officials Increase Conferences 8,000 8,000

Administration/CAO

Increase 1.0 FTE for Records Management capital project (18-month term)

0.75 0 0

Memberships: Eliminate OMBI and add Federation of Canadian Municipalities

(3,200) (3,200)

Increase Consulting for thorough review of Council's Strategic Priorities.

35,000 35,000

Increase 1.0 FTE for an 18-month term for a Manager of Communications

0.66 55,206 55,206

Human Resources

Increase 0.2 FTE to support The Pines management

0.20 0 0

Increase 0.2 FTE on a temporary basis to assist the Township of Georgian Bay

0.20 10,000 0

IT Services Recovery from District Housing Stock for additional computer required

(5,120) (5,120)

Legal Increase for software purchase and training 8,000 8,000

18

Division Request 2015 FTE

Expenditure Impact

$

Net Levy

Impact $

Ontario Works

Increase 1.0 FTE Administrative Support 0.66 37,100 18,550Increase 1.0 FTE Case Manager 0.66 51,100 25,550 Increase 1.0 FTE until March 31/2015 for Social Assistance Management System (SAMS)

0.10 8,100 0

Purchase a dedicated van for Community Engagement and Social Enterprise programs

39,500 19,750

Increase 0.3 FTE Case Aide for CommunityEngagement

0.20 11,200 5,600

Homelessness Prevention

Increase 3 part time Community Outreach Worker positions

1.50 99,500 0

Community Housing

Increase 1.0 FTE Administrative Support position 0.66 62,120 42,220

Affordable Housing

Increase of 0.2 FTE to existing 0.5 FTE Case Aide position

0.20 11,200 11,200

19

Division Request 2015 FTE

Expenditure Impact

$

Net Levy Impact

$

PinesOperations

Increase 0.5 FTE Assistant Director of Care position

0.35 41,600 41,600

Increase for attendance improvement initiatives 0.44 24,100 24,100 Increase for Dietician contracted service to meet Ministry guidelines

0.05 6,000 6,000

Increase support from District's Human Resources division, partially offset by a reduction in the Extendicare management fee

13,000 13,000

Total 6.63 512,406 305,456

Item Amount $

Levy Impact %

Eliminate Manager of Communications (SLC) 55,206 0.09%Eliminate review of Council's Strategic Priorities (SLC) 35,000 0.05%Eliminate Paid Duty Policing 83,000 0.13%Eliminate Students that assist with Marine Patrol 15,000 0.02%Eliminate Subscription to Crime Stoppers 9,900 0.02%Reduce Hospital Levy from $400,000 to $300,000 100,000 0.16%Eliminate the Pay it Forward program 35,000 0.05%Reduce Budget for Seniors Programs 21,500 0.03%Eliminate the Muskoka Futures grant request 10,000 0.02%

20

Standing Committee Program Page

Net Levy Increase/

(Decrease)Corporate & Emergency Services

Policing: Reduce Paid Duty Policing CES 63 ($83,000)

Engineering & Public Works

Transportation: Increase transfer to Roads Capital Reserve

TRANSP 17

640,000

Community Services

Ontario Works Programs: Increase grant funding for Social Assistance Management System (SAMS) implementation

CS 17 (61,900)

Ontario Works Programs: Increase Personnel for SAMS implementation

CS 17 61,900

Total Net Levy Impact 0.87% $557,000

21

Standing Committee Program Page

Net Levy Increase/

(Decrease)

Corporate & Emergency Services

Policing: Increase 2015 budget from $11,879,748 to $12,077,519 based on the 2015 Billing Statement Adjustment received.

CES 63 $197,771

Total Net Levy Impact including Amendments from Standing Committees

1.18% $754,771

22

Pages 26 – 33 of the Treasurer’s Report

23

Gross Capital RequestRoads $14,999,000

Airport 7,605,000

Ambulance Services 2,749,700

Hauled Sewage 915,000

General Administration 786,400

Community Housing 490,000

Fleet 222,000

Port Carling Locks 210,000

Planning 50,000

Community Services 0

Total $28,027,100

Funding Sources

Reserves/Reserve Funds $25,105,020

Development Charges 877,830

External Funding 578,500

Debentures 0

Grants 1,465,750

Total $28,027,100

24

Gross Capital RequestRoads $167,187,000

Airport 8,865,000

Ambulance Services 8,833,700

Hauled Sewage 7,450,000

Fleet 6,806,000 General Administration 3,372,300

Port Carling Locks 2,990,000

Community Housing 2,135,000

Community Services 900,000

Planning 870,000

Total $209,409,000

Funding SourcesReserves/Reserve Funds $191,179,370

Development Charges 14,512,880

External Funding 1,023,500

Infrastructure Deficit 1,227,500

Grants 1,465,750

Total $209,409,000

25

Corporate & Emergency Services (page CES 81)

◦ Project 130116: Parking/Landscaping Reduced expenditure from $175,000 to $10,000 for

Parking Study to be completed in 2015

◦ Project 530001: Ambulance Station Bracebridge Deferred $2.1 million expenditure from 2015 to 2016

to coincide with expected construction

26

Corporate & Emergency Services (page CES 82)

◦ Project 530019: Defibrillators Software Upgrade Eliminate project thereby reducing expenditure from

$204,000 to $0 in 2015

27

Pages 34 - 41 of the Treasurer’s Report

28

29

0

10,000,000

20,000,000

30,000,000

40,000,000

50,000,000

60,000,000

70,000,000

2015 2016 2019 2024

Projected Uncommitted (Overcommitted) Fund Balances

Capital Funds Development Charge Funds Operating Funds

Debt to Reserve Ratio Projection

2015 2016 2017 2018 2019

Reserves ProjectedEnding Balance ($000)* 57,211 62,499 65,364 73,417 80,490 Outstanding ExternalDebt Forecast ($000) 75,571 71,339 66,973 62,465 54,667 Projected Debt to Reserve Ratio 1.3 1.1 1.0 0.9 0.7

30

* Includes General and Rate Supported Reserve Funds (both operating and capital)

Debt to Reserve ratio ranges from 0.3 to 2.0 for the other upper-tier municipalities

The 2015 Draft Tax Supported Budget has been prepared excluding:◦ Amortization: Estimated at $15.5 million; and

◦ Post-employment benefits: nominal

Net surplus with Full Accrual Budgeting:◦ $13.2 million

Conclusion: contributions to reserves are in excess of amortization

31

32