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Township of Madawaska Valley - 2013 Municipal Budget

This document provides information on the proposed revenues, expenditures, taxation levy, and tax impact for the Township of Madawaska Valley's 2013 municipal budget.

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Township of Madawaska Valley - 2013 Municipal Budget

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  1. 2013 MUNICIPAL BUDGET 2012 MUNICIPAL BUDGET

  2. Township of Madawaska Valley MISSION STATEMENT 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.

  3. 2013 PROPOSED REVENUES$7,001,581

  4. 2013 PROPOSED EXPENDITURES$7,001,581

  5. Municipal operating – capital expense comparison $4,558,881 $2,254,700 $188,000

  6. 2012/2013 TAXATION LEVY REQUIREMENT COMPARISON 2012 TAXATION 2013 TAXATION BUDGETED EXPENDITURES $6,363,977.00 BUDGETED REVENUES $3,040,326.00 PROPOSED EXPENDITURES $7,001,581.00 PROPOSED REVENUES $3,497,936.00 LEVY REQUIREMENT FROM TAXATION LEVY REQUIREMENT FROM TAXATION $3,323,651.00 $3,503,645.00 LEVY INCREASE OF $179,994 (or 5.41%) Increase due in part to: • decreased contributions to capital purchases from reserves • increased policing costing ($75,351) • increased costs associated Septic Inspections & Animal Control • increased costs attributed to change to operate Arts & Visitor Centre year-around

  7. 2013 MUNICIPAL TAX IMPACT on residential properties (WITHOUT AREA RATES) 2013 MUNICIPAL TAX RATE 0.00555690 2012 MUNICIPAL TAX RATE 0.00549579 INCREASE 1.11%

  8. TAX DOLLAR IMPACT Consideration must be given to the Assessment increases. According to the Municipal Property Assessment Corporation (MPAC) the average single family residential assessment has increased by 1.79% from $137,000 in 2012 to $139,500 in 2013. The following will demonstrate the impact that this assessment change will have on these properties.

  9. 2013 GENERAL RESERVE FUND STATUS

  10. 2013 COUNTY OF RENFREW RESIDENTIAL TAX LEVY 1.68% 2013 RESIDENTIAL RATE: 0.00361332 Levy Amount - $2,278,083 up from $2,253,279 (increase of 1.09% from last year)

  11. 2013 RESIDENTIAL EDUCATION TAX LEVY 4.07% 2013 Residential Rate: 0.00212000 Levy Amount - $1,585,038 up from $1,583,123(increase of 0.12% from last year)

  12. IMPACT HOW THESE DECISIONS IMPACT YOUR 2013 TAX BILL . . .

  13. TOTAL 2013 TAXATION BILLING IMPACTbased on $100,000 Residential Assessment (0.8 %) A $9.06 DECREASE over the amount paid in 2012

  14. TAX IMPACT ON $100,000 ASSESSMENT

  15. 2013 TAXATION INFLUENCES REASSESSMENT • We are in the first 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 given immediately (2013 taxation year) which means an added stress for the 2013 taxation year. • Taxable Assessments for the Township of Madawaska Valley rose by 4.3% from $583,674,368 in 2012 to $609,884,737 for 2013. REVENUE SOURCES LIMITED – RISING COSTS • Other than a small number of grant opportunities, in addition to fees and service charges that are levied, other than through property taxation the Township has a very limited ability to raise revenues. • Operation costs continue to raise and the need to replace and rehabilitate existing capital assets without assistance of the upper levels of Government is proving difficult to maintain taxes from rising.

  16. DISTRIBUTION OF 2013 RESIDENTIAL TAX BILL(based on $100,000 residential assessed value) General Administration Protection Service Transportation Services Municipal Properties Waste Disposal Services Social & Family Services Library Services Planning, & Dev’t Services Parks/Recreation/Cultural Services • $ 0.0778 • $ 0.1186 • $ 0.2158 - $ 0.0039 • $ 0.0189 • $ 0.0001 • $ 0.0153 • $ 0.0074 • $ 0.0344 $ 0.4922 $ 0.188 (per tax dollar)) $ 0.49.22 $ 0.32 (per tax dollar)) From every tax dollar received, $0.4922 remains with the municipality

  17. HOW THE TAX DOLLAR THAT REMAINS WITH THE MUNICIPALITY ARE SPENT

  18. 2013 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)

  19. TRANSFER STATION AREA RATE $ 136,887 Transfer Station Area Rate Budget decreased by 5.16%

  20. TRANSFER STATION PROPERTIES - BUDGET IMPACT

  21. 2013 TRANSFER STATION RESERVE FUND STATUS

  22. CURBSIDE PICKUP AREA RATE $151,372 2013 CURBSIDE AREA RATES: Residential Unit Rate: $ 130.00 Small Industrial, Commercial & Institutional Rate: $ 195.00 Medium Industrial, Commercial & Institutional Rate: $ 910.00 Large Industrial, Commercial & Institutional Rate: $1,820.00 Extra-Large Industrial, Commercial & Institutional Rate: $3,900.00 2013 RATES will remain unchanged

  23. 2013 CURBSIDE AREA RATE RESERVE FUND STATUS

  24. INCREASED ASSESSMENT INCREASED PROPERTY TAXES As previously noted for the 2013 taxation year, the average Single Family Residential Assessment as determined by the OPTA increased by 1.8%, from $137,000 in 2012 to $139,500. 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. Properties that experience up to a 0.8% assessment increase will see their property taxes remain the same or decrease. Any assessment increases above this amount will see increases dependent upon the value of the property increase.

  25. TOTAL 2013 TAXATION BILLING IMPACTBased on the average Single Family Residential Assessment for properties that receive curbside pickup services 0.93 % A $15.85 INCREASE over the amount paid in 2012

  26. TOTAL 2013 TAXATION BILLING IMPACTBased on the average Single Family Residential Assessment for properties that do not receive curbside pickup services

  27. THANK YOU !

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