Budget 2012!

1. Budget 2012!

2. Mill Rates: • 13.60 Lord Selkirk ($ 2,187,395.00 for 2012) • 11.36 Foundation ($ 12,227.22 for 2012) • .31 General Reserve By-law 1490 • 10.00 Residential • $ 184,189.30; 2012 payment for VB Utility, By-law 1496: Done in 2017. • $ 11,789.06; 2012 payment for VB store, By-law 1465: Final payment December 1, 2012.

3. Water Rates AB and VB Utility 2011 rates for Albert Beach Utility • $115 annual connected • $25 vacant/non-connected • 2011 Unaudited costs:$ 14,695.02, deficit of $-5,369.03. 2011 Rates for Victoria Beach Utility - $132.50 annual connected - $ 27.75 vacant/non-connected • 2011 Unaudited costs: $350,202.31, deficit of $-9,296.64 Rate Studies for 2012 through 2014 Rates have been submitted to PUB and any rate changes will be posted as soon as they are available.

4. Explanation of 2011 Revenues and Expenses • 2011 Revenues and Expenses have not been audited as of April 17, 2011 • Budgeted $ 2,096,448.55 in 2011 for revenues (Total Revenue line Last Year Budgeted) • Received $ 2,633,839.66 in 2011 for revenues. (Total Revenue line Last Year Actual)

5. Video Lottery Grant $10,500.00 Provincial Municipal Tax sharing $17,587.12 MPSC/MMSM $18,043.06 Age Friendly Grant $ 2,000.00 WRARS $ 8,646.35 GST $ 60,146.88 AMM/MTCML Rebate $11,026.34 DFA – 2010/11 Flood proofing $277,400.85 VB Beach Aggradation Project $100,000.00 Transfers from Reserves (Fire Department, EMS, Shoreline protection, equipment) $64,218.30 2011 Tax Levy $ 3,571,119.15 $ 2,055,836.00: School Taxes 2011 Grants in Lieu of Taxes $8,233.05 Other Revenue $ 1,046,105.17 Taxes Added $ 17,415.60 Permits $ 18,724.75 Fines $ 3,018.93 Sales of Service (Fire, EMO,MPI) $ 112,905.38 Sales of Goods (Leases, etc..) $34,689.41 Golf Course $ 142,198.34 Returns on Investments and Development fees $ 15,431.78 Tax and Redemption Penalties $39,002.25 MPI rebates and claims $175,366.05 2011 Revenues/Grants

6. 2011 Expenses • Government Services: $ 414,851.15 • Administration, Council expenses, Legal fees, Assessment, Grants, etc. • Protective Services: $ 737,342.41 • Police, Fire, EMO (includes flood protection), Services to RMA, Building Inspection, Gate Info Office • Transportation Services: $ 465,842.33 • Roads, equipment repairs, workshop and yard, ditches, parking lot, brushing, etc. • Environmental Health Services: $ 221,741.97 • Garbage/Recycling collection and Nuisance Grounds (payment to RMA included) • Public Health and Welfare Services: $ 1,530.99 • Environmental Development Services: $ 225,201.90 • Planning, Zoning, Municipal Property Maintenance

7. Assessment Changes for 2012 • The Rural Municipality of Victoria Beach increased in assessment: • Residential (Class 10) increased to $364,984,200 from $ 323,497,900 • Farm (Class 30) increased to $ 4,226,400 from $4,143,300 • Institutional (Class 40) increased to 5,821,000 from $5,229,200 • Commercial (Class 60) increased to $ 2,229,100 from $1,998,500 • Designated Recreational Property (Class 70) increased to $1,034,400 from $822,500 • Taxes are based on a portioned assessment: Class 10 – 45%, Class 30 – 26%, Class 40 – 65%, Class 60 – 65%, Class 70 – 10% • School Taxes are based on a $ 160,832,330 assessment amount • Foundation Taxes are based on a $ 1,076,340 assessment amount • Municipal Taxes are based on a $ 161,979,450 assessment amount • For more Information on Assessments and School Taxes: Selkirk Assessment - 1-866-262-9786. School Division – 1-866-433-5942

8. 2012 Budget References in Red refer to 2012 Financial Plan Page Numbers • Projected Municipal Revenues: $ 2,435,487.05 Page 1 • Municipal Taxes/Grants in Lieu $ 1,929,352.12, includes: debenture payments, WTP - $ 184,189.30. VB Store - $ 11,789.06. General Reserve - $ 50,213.63. General Municipal – 1,688,247.93. Page 8 • Other Revenue: $413,967.13, includes: Taxes added, permits, fines, sales of service (Fire, EMS), rentals (leases) golf course, tax penalties, grants (GST, VLT, Etc.) Page 2 • Transfers from Reserves: $ 87,080.00, includes: water utility projects (pending PUB approval), shore line project Page 13 RM.V.B. Administration will apply for grants as they are presented should we have the ability and need to have the project completed. Grants that may be applied for have not been budgeted, as there is no guarantee that they will be approved.

9. 2012 Budget • Project 2012 Expenses: $2,435,487.05 Page 1 • General Government Services - $ 470,709.22 (Municipal Software, Office improvements,3% cost of living increase, Development Plan and Zoning By-law updates) Page 3 • Protective Services - $ 599,842.53 (Capital Purchases/asset replacement and a 3% increase to cost of living) Page 3 • Transportation Services - $ 517,333.00 (Capital Purchase/asset replacement, Gibson Change, Parking Lot extension) Page 3 & 4 • Public Health and Welfare: $ 2,847.51( Doctor's house) Page 4 • Environmental Development Services: $ 176,350.00 ( Moonlight Inn, VB store, Bakery holding tanks, ) Page 4 • Economic Development Services: $ 20,000 (Shore Line management Plan Development, monies from grant received) Page 5 • Recreation /Culture Services: $ 180,170.00 (Golf Course, parks) Page 5 • Expenses for 2012 may be affected by these variables • Fuel / Hydro costs • Legal Fees • Emergency Measures

10. 2012 Capital ProjectsCapital expenses included in 2012 expenses (previous slide) • Financial Software/ office furniture/R.M. Web Site, $ 46,000: Will be beneficial in providing service: currently MB Government provides a printed copy of the tax information, for us to manually input tax and water payments received, a electronic system will help us provide faster services and allow us to access information in a timely manner. Replaced a computer, 2 printers,3 desks and reception counter. • Asset Replacement, $133,000: Used Grader (current one is leaving ruts in roads), Police Truck (allows for a cage to be installed in back of truck and is a 4 wheel drive, allowing for better access to emergencies in hazardous driving conditions)) • Asset Additions, $30,290.42: Dump style trailer for GC and PW, Rescue Boat, 2 garbage enclosures

11. Thank you For 2012 the R.M. of Victoria Beach: Fire Smart Plan • We are working with Manitoba Conservation and Manitoba Hydro to reduce the risks of fire in Victoria Beach. Manitoba Hydro will be assessing the tress/brush near the power lines and may be performing maintenance and clearing brush in 2012. We are continuing to work towards a Shore Line Management Plan We are in the process of making final changes to the Draft Development Plan Questions?