4. Revenues ($millions)
$4.6 , 6% $2.8 , 4%
Property Taxes
$7.3 , 10%
Government Transfers
User Fees and Sales of
Goods
$39.9 , 53%
Other Income
$20.6 , 27%
Permits, Licenses, and
Fees
6. Where Your Tax Dollar Goes
Debt Servicing Utilities, $0.03 Capital
Materials, Supplies, Costs, $0.04 Contributions,
& Equipment $0.02
Purchases, $0.06
Administrative
Salaries, $0.06
Protective Services
Salaries, $0.26
Grants and
Contributions,
$0.07
Operations
Development Salaries, $0.16
Services Salaries,
$0.08 Contracted Reserve
Services, $0.10 Appropriations,
$0.12
7. What Makes up the Change in
Salaries?
$1.0mm - New Positions
$1.0mm - Collective Agreement Increases
$700k – Increased Casual Labour
$600k – Pay Administration Review
$530k – Step Change Increases
$910k – Changes in Roles, Persons, or Allocations
$430k – Miscellaneous
$1.2mm - Changes in estimates
8. Infrastructure Highlights
$3.6mm Reserve Allocations for Infrastructure
$4.3mm Engineering Services
$826k - Street Maintenance
$400k - Sewer Mains, $295k – Sewer Services
$173k – Hydrants, $99k – Storm Sewers
$260k – Surface Drainage
$268k – Public Works Supervision
$549k – Water Mains, $858k – Water Meters
$599k – Water Services, $234k – Water Valves
$500k – Drainage, Sidewalks, Street Repairs
$150k – Black Farm Study
$40k – Asset Management
9. Cost Cutting Measures
ExpensesReduced to date - $3.6 million
Two proposed cost cutting scenarios are
now before Council; $2.05 million and $3.0
million
Proposed cuts include four categories:
Internal Service Delivery
Salaries
Deferred Maintenance & Projects
External Services
11. Next Steps
February 7th – Second round of budget
deliberations
March 5th – Public Budget Hearing
April 2nd – Adoption of Financial Plan / 1st
Reading of Tax Levy By-law
April 16th – 2nd & 3rd Reading of Tax Levy By-
law