HomeMy WebLinkAbout08 059 2008 Taxation By-law
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2008 - 059
BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED
DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR
2008
WHEREAS Section 290 of the Municipal Act, 2001, S.D. 2001, c. 25, as
amended provides that a local municipality shall in the year or the immediately
preceding year, prepare and adopt a budget including estimates of all sums
required during the year for the purposes of the municipality;
AND WHEREAS Section 340 of the Municipal Act, 2001, S.D. 2001, c. 25, as
amended, provides that the treasurer of a local municipality shall prepare a tax
roll for each year based on the last returned assessment roll for the year and that
the treasurer shall collect the taxes once the tax roll has been prepared;
AND WHEREAS Section 342 of the Municipal Act, 2001, S.D. 2001, c. 25, as
amended, authorizes municipalities to pass by-laws providing for the payment of
taxes;
AND WHEREAS the assessment roll made in 2007 and upon which the 2008
taxes are to be levied was finally revised by the Assessment Review Court;
AND WHEREAS the amount of assessment entitled to benefit hereinafter
referred to as Residential, Multi-Residential, Commercial, Industrial, Farmlands
and Managed Forest are as follows:
Residential.......................................................... ... ... ...... $ 853,433,865
Multi-Residential......................................... .................................. 9,604,975
Commercial occupied... ...............................................................161 ,519,035
Commercial vacant ........................................................................ 2,807,860
Industrial occupied... .................................................................... 74,440,125
Industrial vacant... ......................................................................... 4,612,200
Farmlands.................................................................. 191,686,330
Managed Forests ......................................................... 862.435
Total taxable assessment .................................................. ~1,298,966,825
Total taxable assessmentfor purposes ofthe BIA Levy
~18,157,790
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2008 Taxation By-law
By-law No. 2008 - 059
NOW THEREFORE the Council of the Municipality of Kincardine ENACTS as
follows:
1. THAT there shall be levied and collected upon the assessable lands and
buildings within the Corporation of the Municipality of Kincardine the following
rates for the year 2008:
2008
Tax Total
ratios Municioal County School Tax Rate
Res. 1.00000 0.00421930 0.00468387 0.00264000 0.01154317
Multi-res. 1.00000 0.00421930 0.00468387 0.00264000 0.01154317
Com. ace. 1.23310 0.00520281 0.00577568 0.01385620 0.02483469
Com. vac. 0.86317 0.00364197 0.00404298 0.00969934 0.01738429
Ind. ace. 1.74770 0.00737406 0.00818600 0.02159319 0.03715325
Ind. vac. 1.13600 0.00479312 0.00532090 0.01403557 0.02414959
Farmlands 0.25000 0.00105482 0.00117097 0.00066000 0.00288579
M(ld Forests 0.25000 0.001 05482 0.00117097 0.00066000 0.00288579
2. The tax rate for the Business Improvement Area shall be .00217675
3. The dates for payment of taxes under this By-Law shall be as follows:
DUE DATE of 3rd installment
September 2, 2008
DUE DATE of 4th installment
December 1, 2008
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2008 Taxation By-law
By-law No. 2008 - 059
A percentage charge of one and one-quarter (1.25%) shall be imposed as
a penalty for non-payment of and shall be added to every tax installment
or part thereof remaining unpaid on the first day following the last day of
payment of each such installment and thereafter an additional percentage
charge of one and one-quarter (1.25%) shall be imposed and shall be
added to every such tax installment or part thereof remaining unpaid on
the first day of each calendar month in which default continues up to and
including December of each year.
4.
5. This By-law may be cited as the "2008 Taxation By-law".
NO time this 16th, day of April, 2008.
~~~
Clerk
READ a THIRD time and FINALLY PASSED this 16th day of April 2008.
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Clerk
Apr 18/08
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
2008 2008 2008 2008 2008 2008 2008 2007
SUBMISSION TRFFROM TRF FROM SUBMISSION TRF TO TRFTO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET !I: Channe % Channe
Opening (surplus) $1,135,000 $1,135,000 $1,000,000 $135,000 13.50%
REVENUE
Taxation Revenues (Supp, W/O, PIL) ($3,032,925) ($3,032,925) ($3,983,350) $950,425 -23.86%
General revenues (1112) ;$4,726,025 ($26,000 $166,900 $488,500 '$4,096,625 '$3,891,800 ($204,825 5.26%
($7,758,950 $0 $26,000 $166,900 $0 $488,500 $7,129550 1$7875,150 $745,600 -9.47%
COUNCIL
Mayor(1110) $9,952 $33 $9,985 $8,635 1,350 15.63%
Mayor & Council (1111) $253,819 $253,819 $252,826 $993 0.39%
Physician R & R (1113) ($29,000 ($66,000 $291,015 $196,015 $137,000 $59,015 43.08%
$29000 ($66,000 $0 $554.786 $0 $33 $0 $459.819 $398,461 $61,358 15.40%
CAO
Administrator (1118) $172,735 $4,894 $177,629 $166,729 $10,900 6.54%
Human Resources (1119) $71,600 $634 $72,234 $69,849 $2,385 3.41%
Alrport(3661 & 3662) ($112,700) $193,175 $182 $80,657 $77,679 $2.978 3.83%
Community Grants (7470) $131,000 $131,000 $151.190 1$20,190 -13.35%
$112,700 $0 $0 $568,510 $0 $5,710 $461,520 $465 7 ($3,927 -0.84%
CLERK
Clerk (1120) ($9,355) ($4,000) $358,301 $13,114 $358.060 $344,024 $14,036 4.08%
Election (1125) $1,200 $15,000 $16.200 $19,200 ($3.000) -15.63%
Accessibility (2226) $5,730 $20 $5,750 $5,581 $169 3.03%
Communities in Bloom (7350) 1$850 $5,000 $5,000 $14,300 ($9,300) -65.03%
Heritage Kincardine (7468) $8,530 $7.680 $4,690 $2,990 63.75%
($10,205 $0 1$4,000 $378,761 $15,000 $13.134 $392,690 $387,795 $4.895 1.26%
TREASURY
Treasury (1121) ($12,900) $576,674 $7,895 $571,669 $544,166 $27,503 5.05%
Capital Asset Mgmt (1124) ;$10,034 1$53,000 $155,346 $109 $92,421 $102,466 1$10.045 -9.80%
($22,934 1$53,000 $0 $732,020 $0 $8,004 $664,090 $646,632 $17,458 2.70%
PROTECTION TO PERSONS
Health & Safety (1123) $13,795 $45 $13,840 $13,908 ($68) -0.49%
Kin Fire Cept. (2100-2176) ($12,800) $585,213 $120,166 $692,579 $655,407 $37,172 5.67%
Paisley Fire Cept. (2213) $25,713 $25.713 $24,965 $748 3.00%
Emergency Planning (2225) ($97,375) ($15,000) ($3,000 $166,599 $956 $55,180 $53,784 $1,396 2.60%
Mysls Rescue Boat (2251) . 1$3,400 $16,790 $10,390 $9,499 $891 9.38%
$113,575 $15,000 $3,000 $808.110 $0 $121,167 $797,702 $757,563 $40.139 5.30%
POLICE
Police Services Board (2220) ($4,600) $17,914 $500 $48 $13,862 $12,464 $1,398 11.22%
Policina {2221l . 1$46,910 $2,131,000 $2,084,090 $1,999,300 $84,790 4.24%
1151.510 $0 $0 $2.148,914 1500 $48 $2 097 952 $2,011,764 $86.188 4.28%
Sub-total oneratlna budaet ($8098874 ($134000 ($33 000 $5 358 001 $15500 l636 596 ($2 255 777 (!li3 207 488 $951711 -29.67%
This is Schedule "....d: " to By-Law
61Q:lrE +h
No. n passed the ~ aay
of \ 200,g'
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PAGE 2
Apr18108
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
2008 2008 2008 2008 2008 2008 2008 2007
SUBMISSION TRF FROM TRFFROM SUBMISSION TRF TO TRF TO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET $ CHANGE % CHANGE
PUBLIC WORKS
Administratlon Centre (1126) ($90,500) $334,392 $1,057 $244,949 $258,214 -$13,265 ~5.14%
Underwood Town Hall & Comm Ctre
(1128,1129) ($32,350) $86,508 $457 $54,615 $48,523 $6,092 12.55%
Annex(1130) $16,000 $16,000 $8,500 $7,500 88.24%
ArmowWomen's lnst. (1131) ($900) ($8,000) $31,246 $2,233 $24,579 $21,606 $2,973 13.76%
Medical clinics (1133,1142) ($44,208) $103,250 $45 $59,087 $57,967 $1,120 1.93%
Locum House (1135) ($5,300) $29,964 $58 $24,722 $21,319 $3,403 15.96%
HECAdmin Building (1136) ($34,000) ($9,800) $27,900 ($15,900) ($21,014) $5,114 ~24.34%
Lighthouse (1138) ($1,400) $7,675 $4,900 $11,175 $11,280 ($105) -0.93%
Kincardine Library (7465) ($36,300) $61,014 $292 $25,006 $26,564 ($1,558) -5.87%
Tlverton Library (7466) ($6,402) $21,601 $16 $15,215 $19,060 ($3,845) ~20.17%
Roads (3000-3362) ($16,300) $1,987,578 $45,191 $2,016,469 $1,719,016 $297,453 17.30%
Mechanic (3400 - 3499) $485,356 $824 $486,180 $417.487 $68,693 16.45%
DisablUtyTransportation (3590) $20,352 $20,352 $20,352 $0 0.00%
Crossing Guards (3614) $26,085 $335 $26,420 $26,504 ($84) -0.32%
Streetlighting (3651) $145,635 $13 $145,648 $0 $145,648 100.00%
San. Sewers (4411) ($1,103,091) $569,970 $533,121 $0 $0 $0 0.00%
Stann Sewers (4421) ($10,000) $49,280 $189 $39,469 $38,773 $696 1.80%
Municipal Drains (4422) ($103,600) $135,000 $31,400 $27,800 $3,600 12.95%
Tile Drainage (4423) $0 10 $0 0.00%
Kincardine Water (4425) (11,526,900) $745,963 $780,937 $0 $0 $0 0.00%
Tiverton Water (4426) ($231,828) $130,252 $101,576 $0 $0 $0 0.00%
Garbage Collection (4441) ($66,000) $384,471 $146 $318,617 $288,265 $30,352 10.53%
Ward 1 Landfill Site (4445) ($250,000) $228,794 132,188 $10,982 $74,062 (163,080) -85.17%
Annow landfill Site (4446) ($110,000) $84,447 $31,292 $5,739 $66,801 ($61,062) -91.41%
Bruce landfill Site (4447) ($85,000) $87,549 $32,249 $34,798 $79,818 (145,020) -56.40%
Cemeteries (5551) ($53,955) $134,755 $25,927 $106,727 $105,105 $1,622 1.54%
Trails (8037) $26,380 $190 $26,570 $25,595 $975 3.81%
$3,808,034 $8,000 ($9,800 $5,961,417 $0 $1,593,236 $3,728,819 $3,341,597 $387,222 11.59%
Sub-total ooeratino budoet ($11,906,908 ($142,000 ($42,800 $11,319,418 $15,500 $2,229,832 $1,473,042 $134,109 $1,338,933 998.39%
Apr18f08
Page 3
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
OPERATING BUDGET
2008 2008 2008 2008 2008 2008 2008 2007
SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO NET NET
DEPARTMENT REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND BUDGET BUDGET I, CHANGE % CHANGE
RECREATION & CULTURE
Underwood Communty Centre (1127) ($5,425) $11,216 $50 $5,841 $5,373 $468 8.71%
Tiverton Lions Hall (1132) ($140) $1,730 $1,590 $1,875 ($285) -15.20%
Whitney Crawford Com Ctre{1134) ($5,400) $5,135 $5,000 $4,735 $5,265 ($530) -10.07%
Arts Facility (1137) ($19,700) ($42,000) $59,562 $2,138 $0 $0 $0 0.00%
Brucedale Com Centre (1143) $6,448 $21 $6,469 $6,608 ($139) -2.10%
Paisley Recreation (7008) $6,500 $6,500 $6,500 $0 0.00%
Tlverton Sports Centre (7010) ($110,650) $152,025 $1,435 $42,810 $43,490 ($680) -1.56%
Davidson Centre (7011 - 7021) ($435,700) $1,169,369 $7,294 $740,963 $719,099 $21,864 3.04%
Recreation (7111-7199) ($299,700) $447,948 $5,439 $153,687 $152,274 $1,413 0.93%
Parks (7313-7321) ($43,900) $502,066 $4,819 $462,985 $452,254 $10,731 2.37%
Kincardine Marina (7460) ($313,304) ($3,000) $305,394 $10,910 $0 $0 $0 0.00%
($1,233,919 $0 ($45,000 $2,667,393 $0 $37,106 $1,425 580 $1,392,738 $32,842 2.36%
TOURISM & ECON DEV
Economic Development (8021, 8023) ($37,200) ($15,000) $116,459 $20,679 $84,938 $81,770 $3,168 3.87%
Tourism (8035 - 8044) ($12,050) ($2,000) ($15,275) $273,313 $1,449 $245,437 $251,089 ($5,652) -2.25%
Kin Fish Derby (8101 .8105) ($70,600) $69,500 $1,100 $0 $0 $0 0.00%
KSF (8201 - 8206) ($183,100) $182,100 $1,000 $0 $0 $0 0.00%
B.I.A. (62) . ($39,525 $39,525 $0 $0 $0 0.00%
($342,475 {$2,000 ($30,275 $680,897 $1,000 $23,228 $330,375 $332,859 ($2,484 ..0.75%
BUilDING AND PLANNING
Information Technology (1T)(1122) ($57,538) $77,39 $10,645 $30,500 $28,370 $2,130 7.51%
SVCA (2231) $237,109 $237,109 $210,353 $26,756 12.72%
Building Department (2241) ($192,800) ($92,852) $283,015 $2,637 $0 $88,754 ($88,754) -100.00%
Small Animal Control (2244) ($15,600) $59,748 $288 $44,436 $38,650 $5.786 14.97%
Plannina & Zoni~ {8011l ' ($87,500 $247,061 $1,110 $160,671 $109,565 $51,106 46.64%
($353,438 $0 ($92,852 $904,326 $0 $14.680 $472,716 $475,692 ($2.976 -0.63%
$0
Postage Reali to Exp Neurtral Accounts $7,905 ($7.905)
Total Ooeratlna Budaet ($13.83674m {$14400m ($210 927l $15572 034 $16500 $2 304 846 $3.701.713 $2 343 303 $1358410 57.97%
Apr18108
PAGE 4
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
CAPJT AL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRF TO TRF TO UCO NET NET
DEPARTMENT & PROJECT JAN1/08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec 31108 BUDGET BUDGET $ Chance % Chance
GENERAL GOVERNMENT
Healthcare
Medical Clinic Restoration/Rebuild N $910,000 '$310,000 $600 000
$0 $0 $0 $0 $910,000 $0 $0 1$310,000 $600,000 $52,800 $547,200 1036.36%
COUNCIL
Harbour Beach Hosting N $10,000 $10,000
$0 $0 $0 $0 $10,000 $0 $0 $0 $10,000 $0 $10,000 100.00%
CAD
Aimort
Gas Pump Delivery System N $10,000 $10,000
Airport Vicinity Mapping ($5,000) $10,000 $5,000
House Roof N $10,000 $10,000
$0 $5,000 $0 $0 $30,000 $0 $0 $0 $25,000 $11,000 $14,000 127.27%
CLERK
Clerk
LaserFiche -Records Comput. E '$5,166 $44,000 $38,834
$0 $0 1$5,166 $0 $44,000 $0 $0 $0 $38,834 $32,500 $6 334 19.49%
Accessibilitv '$58,000
Loan Program N $0 $0 $0 $50 000 $0 $0 $0 $0 $0 $0 100.00%
Treasurv '$7,000 '$28,000
Capital Asset Mgmt Software N $35,000 $0 $0.00 $0 0.00%
Heath & Safetv 1$12000
$0 $12,000 -100.00%
PROTECTION TO PERSONS
Kincardine Fire Deoartment
Tanker 11-4 E ($200,000) $200,000 $0
Vehicle Exhaust - Tlv Stn N ($40,000) $40,000 $0
Pumper - 12~2 E ($375,000) $375,000 $0
Roof - Kinc Stn E $40,000 $40,000
Breathing Apparatus E ($11,000) $11,000 $0
Bunker Gear E $7,200 $7,200
$0 $0 $40,000 $586,000 $673,200 $0 $0 $0 $47,200 $46,553 $647 1.39%
PUBLIC WORKS
Facilities
ArmowWI- Front Stairs, ralling E ($15,000) $15,000 $0
Westario - remove Oil tank E $0 $0 $0
Lighthouse (WindowsfTurret) E '$32,000 $47,000 $15,000
$0 $0 $15,000 $32,000 $62,000 $0 $0 $0 $15000 $ 108,089 1$93089 -86.12%
SubrotalCa italBudo~ $0 1$5,000 1$67,166 1$696,000 $1,814,200 $0 $0 1$310,000 $736,034 $262,942 $473,092 179.92%
Apr18108
PAGE 5
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRFFROM TRF FROM SUBMISSION TRFTO TRF TO UCO NET NET It.Chan"e
DEPARTMENT & PROJECT JAN1J08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec31108 BUDGET BUDGET % Chan"e
PUBLIC WORKS CON'T
Roads
W3 Garage Roof E ($40,000) $40,000 $0
Smith Street Sidewalk N ($30,000) ($14,000) $44,000 $0
Smith Street E ($94,000) $154,000 $60,000
Webster Street E ($75,000) $75,000 $0
Sunset $25,769 ($25,769) $0
Broadway $6,697 ($6,697) $0
King Street E ($20,316) $30,000 $9,684
Golf Links Road E $421,103 $421,103
Mahood Johnston Drive N ($300,000) $500,000 $200,000
Glencoe St E ($90.000) $90,000 $0
Kincardine Kinloss Boundary Culvert E ($7,500) ($7,500) $15,000 $0
Kincardine Kinloss Boundary E ($201,627) $403,254 $201,627
Bervie Sideroad E ($50,000) $313,642 $263,642
Salt Shed E $50,000 $50,000
Sunset Drive ($126,000) $126,000 $0
Charles ($629,294) $629,294 $0
William $0
South $0
Trfto Road Res Fund for Cone 6 ($629,294) $629,294 $0
Lome Beach Paving ($50,000) {$60,000 $50,000 $0
Durham IMTO Project i$45,000 $105,000 $0
$32,466 ($1,810,181 l$491,816 {$200,000 $2,261,999 $0 $629,294 $0 $1,206,056 $1,324,570 ($118,514 -8.95%
Roads - Eauioment
Tandem Snow Plow E $105,000 $105000
$0 $0 $0 $0 $0 $0 $105,000 $0 $105,000 $39,687 $65,313 164.57%
Sanitarv Sewers (941)
Queen Street Sewer E $23,700 ($4,669) ($19,031) $0
Lower Beach Road Sewer E $5,296 ($5,296) $0
Lake Street Servicing N $58,871 ($216,076) $112,755 $44,450 $0
ConnaughtTrunk Sewer N ($400,000) $400,000 $0
Connaught Drainage Study N ($20,000) $20,000 $0
UV Disinfection E ($407,000) $407,000 $0
Park Street Valves E ($10,000) $10,000 $0
Park Street Forcemain E ($90,000) $90,000 $0
Huron Terrace Bridge E ($20,000) $20,000 $0
Full Rate Study N i$lO,OOO $10,000 $0
$87,867 $220,745 $0 $957,000 $1,069.755 $0 $44,450 $24,327 $0 $0 $0 0.00%
Ward 3 - Munlcioal Drains
Municipal Drain #19 E $2,326 ($582,500) $612,548 $32,374 $0
Municipal Drain #20 $6,509 . ($6,509 $0
8835 589009 $0 0 612548 0 '0 0 32374 40 465 8091 -20,00%
Tiverton Water System
Tiverton OST AR E $152,263 -146,877.00 ($5,386) $0 $0
Fencing for well sites N ($25,000) $25,000 $0
Rate Study N . {$2,500 $2,500 $0
$152,263 $146.877 $0 $32,886 $27,500 $0 $0 $0 $0 $0 $0 0.00%
Subtotal CaDilal Budaet $281 431 1$2,771,812 1$558,982 1$1,88588" $5,788,002 $0 $778,744 1$334,327 $2,079,464 $1,867,664 $411,800 24.69%
CAPITAL BUDGET
Apr 18/08
PAGE 6
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
CAPITAL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRFFROM TRF FROM SUBMISSION TRF TO TRFTO UCO NET NET
DEPARTMENT & PROJECT JAN1108 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec 31/08 BUDGET BUDGET $ Chanae % Chanae
KWTP Water Svstem
OSTAR General E ($1,290,831) $1,290,831 $0
OSTAR Kincardine E $2,167,861 ($1,984,731) ($183,130) $0
OSTAR Pipeline E $1,933,884 ($315,000) ($1,618,884) $0
OSTAR Underwood E $198,827 ($198,827) $0
OSTAR Scott's Point E $213,369 ($213,369) $0
Water meters Original E $27,767 ($27,767) $0
Lower Beach Road E $4,763 ($4,763) $0
Lake Street N $63,336 ($98,041 ) $5,305 $29,400 $0
Undewood Water Deficit E ($112,000) $112,000 $0
UndelWOod Contrto KWTP RF E ($10,200) $10,200 $0
Scott's Point Deficit E ($62,000) $62,000 $0
Scott's Point Contr to KWTP RF E ($12,300) $12,300 $0
Meter Replacement Program E ($140,000) $140,000 $0
Oversize Pipe Development N ($11,100) $11,100 $0
Scott's Point Study N ($20,000) $20,000 $0
Saratoga Road N ($104,500) $104,500 $0
Backwash Pump E ($130,000) $130,000 $0
Paint Kincardine Water Tower E $0 $0 $0
Fencing - KWTP & Remote Well
Sites N ($60,000) $60,000 $0
Decomissionlng Wells N ($20,000) $20,000 $0
Huron Terrace Bridge E ($5,000) $5,000 $0
Armow Well N ($25,000) ($25,000) $50,000 $0
Armow Well distribution ($60,000) $60,000 $0
Rate Study N . {$7,500 $7,500 $0
$3,318,976 $3,031,468 $0 $766,230 $1,904,236 $0 $225,900 $1,651,414 $0 $0 $0 0.00%
Landfill Sites
Wi ~ Site Closure Plan N ($20,000) $20,000 $0
W2 - Establish Main Landfill N {$50,000 $100,000 $50,000
$0 $0 $0 f$70,000 $120,000 $0 $0 $0 $50 000 $0 $50,000 100.00%
Cemeteries
Purchase of Land ~ Tiv Cern N {$116,500 {$61 ,000 $227,500 $50,000
$0 1$116.500 $0 1$61,000 $227 500 $0 $0 $0 $50.000 $120,500 $70,500 .58.51%
Trails
North line Trail N ($12,000) $12,000 $0
Lome Creek Pedestrian Bridge N {$106,895 $106,695 $0
$0 $0 $118,895 $0 $116,895 $0 $0 $0 $0 $71.858 $71,858 -100.00%
RECREATION
Arts Centre
Tiverton Soorts Centre ($783 ($19,217
Dehumidifier N $20,000 $0
0 0 783 19217 $20 000 0 0 $0 $0 7509 ($7 509 -100.00%
Subtotal Canltal Budoet $3,600,407 1$5,919,760 1$676,660 1$2,802,333 $8,176,633 $0 $1,004,644 1$1,965,741 $2,179,464 $1,867,531 $311,933 16.70%
Apr18J08
PAGE 7
MUNICIPALITY OF KINCARDINE
2008 DRAFT BUDGET
CAPITAL BUDGET
2008 2008 2008 2008 2008 2008 2008 2008 2007
UCO SUBMISSION TRF FROM TRF FROM SUBMISSION TRFTO TRF TO UCO NET NET
DEPARTMENT & PROJECT JANlI08 REVENUES RESERVE RES FUND EXPENSES RESERVE RES FUND Dec 31/08 BUDGET BUDGET $ Chanae % Chanae
Davidson Centre
Addition N ($1,075,000) ($246,325) ($828,675) $ 2,150,000 $0
Pool Roof E ($66,475) $ 66,475 $0
Kitchen upgrades E ($23,000) $ 50,000 $27,000
Photocopier E $ 20,000 $20,000
Skyjack Scissor Lift E $ - $10,000 $10,000
0 1 075 000 335 800 828 675 $2286475 $0 $10000 0 57000 $273 500 ($216 500 -79.16%
Recreation
Gymnastics Equipment E $35,000 $35,000
Tiverton Skatepark Equipment N $10,000 $10,000
Recreation Reserve Fund N $35,000 $35,000
Recreation Professional Serv N $45,000 $45,000
$0 $0 $0 $0 $90 000 $0 $35 000 $0 $125000 $10000 $115000 1150.00%
Parks
Lions Park Playground E ($10,000) ($19,043) $ 99,000 $69,957
Riding Lawn Mower E $ 20,000 $20,000
Legion Soccer Fields N $ 10,000 $10,000
Tiverton Parkette N $ 75,000 $75,000
$0 ($10000 {$19 043 $0 $204000 $0 $0 $0 174957 369 642 $194685 -52.67%
TOURISM & ECON DEV
Economic Develooment
Pavillion - Trillium Grant ($1,753) $1,753
Sale of Land 9 &21 ($547,400) $547,400 $0
Business Park Study N ($10,000) $10,000 $0
Inverhuron Bike Park N $40,000 $40,000
$1753 $545 647 $0 $10000 $50 000 $0 $547 400 0 40 000 $0 $40 000 100.00%
Tourist DeveloDment
New Tourism Building N ($727,356) $727,356 $0
Signage Program N $35,000 $35,000
$0 $0 $0 1$727,356 $762,356 $0 $0 $0 $35,000 $45,000 $10,000 -22.22%
BUILDING & PLANNING
Information TechnoloQv
Wireless Network N ($20,000) $20,000 $0
Server E i$15,000 $15,000 $0
$0 $0 $35,000 $0 $35,000 $0 $0 $0 $0 $3,000 $3,000 -100.00%
Buildina
GPS E $0 $0 ($9,000) $15,000 $6,000
Photocopier E $0 $15,000 $15,000
$0 $0 $9,000) $30,000 $0 $0 $0 $21,000 $0 $21,000 100.00%
Plannina
Local Offical Plan E ($47,833) $47,833 $0
OMB Zoning Consolidation E ($27,281) $27,281 $0
Zoning By-Law Update E ($25,000) $25,000 $0
Natural Heritage Study N ($34,000) $44,000 $10,000
Development Study Charges N $32,000 $32,000
Ortho Photography ($4,043) $4,043 $0
Emergency Gate Entry N $25,000 $25,000
0 $0 138157 0 205 157 0 0 $0 $67 000 $25 000 $42 000 168.00%
TOTAL CAPITAL BUDGET $3 598 654 ($7 550 427 ($1 206 660 ($4 377 364 $11839621 $0 $1 597044 ($1985741 $2699421 $2 593 673 $105748 4.08%
Total OneratinCl & Carlital BudClet $3,598,654 ($22,522,167 ($1,350,660 ($4,588,291 $27,411,655 $16,500 $3,901,890 1$1,985,741 $5,266,134 $3,936 976 $1,329,158 33.76%
Page 8
Municipality of Kincardine
2008 DRAFT BUDGET
MUNICIPAL TAX RATE CALCULATION
Residential
Multi-Res.
Com. ace.
Com. vacant
Ind. occ.
Ind. vacant
Fannlands
Mngd forests
Residential tax rate
Multi-Residential tax rate
Com. ace. tax rate
Com. vac. tax rate
Ind. occ. tax rate
Ind. vac. tax rate
Fannlands tax rate
Managed forest tax rate
Tax Ratios
1.00000
1.00000
1.23310
0.86317
1.74770
1.13600
0.25000
0.25000
Assessments
$853,433,865
$9,604,975
$161,519,035
$2,807,860
$74,440,125
$4,612,200
$191,686,330
$862,435
$1,298,966,825
Apr1BI08
Adiusted assessments
$853,433,865
$9,604,975
$199,169,122
$2,423,661
$130,099,006
$5,239,459
$47,921,583
$215,609
$1,248,107,279
0.00421930
0.00421930
0.00520281
0.00364197
0.00737406
0.00479312
0.00105482
0.00105482
Total Residential & Fann taxes
Total Commercial & Industrial taxes
TOTAL MUNICIPAL TAXES COL.L.ECTED
Proof
$3,600,890
$40,526
$840,353
$10,226
$548,926
$22,107
$202,195
$910
$5.266.134
$3,844,521
$1,421,613
$5266134
6:00:00 PM
Apr 16/08
Municipality of Kincardine
chanae of $50.000 results in a 1% chanae in tax rate
2008 FINAL TOTAL TAX RATES
2008 2007
Tax Total Total
ratios Municioal Countv School Tax Rate Tax Rate
Res. 1.00000 0.00421930 0.00468387 0.00264000 0.01154317 0.01115234
Multi-res. 1.00000 0.00421930 0.00468387 0.00264000 0.01154317 0.01115234
Com.occ. 1.23310 0.00520281 0.00577568 0.01385620 0.02483469 0.02435276
Com. vac. 0.86317 0.00364197 0.00404298 0.00969934 0.01738429 0.01704693
Ind. occ. 1.74770 0.00737406 0.00818600 0.02159319 0.03715325 0.03647020
Ind. vac. 1.13600 0.00479312 0.00532090 0.01403557 0.02414959 0.02370561
Farmlands 0.25000 0.00105482 0.00117097 0.00066000 0.00288579 0.00278809
Mgd Forests 0.25000 0.00105482 0.00117097 0.00066000 0.00288579 0.00278809
Municipality of Kincardine
Comparison of Final Tax bills for 2007 & 2008
6:00 PM
Apr 16/08
Median Municipal County School Total
Assessment General Levy (draft) Board
per MPAC
Proposed Tax Rate I 0.00421930 I 0.00468387 0.00264
2008 153,000 $645.55 $716.63 $403.92 $1,766.10
2007 153,000 $617.21 $685.18 $403.92 $1,706.31
$28.34 4,59% $31.46 4.59% $0.00 0% $59.80 3.50%
County of Bruce
Residential Tax Rate Comparison and Taxable Assessment
Municipality
2004
2006
Tax Rate
Tax Rate
Taxable
Assessment
2007
Taxable % change
Tax Rate Assessment in tax rate
Brockton 1 0.00797587 1 0.00744674 -6.63% 473,746,415 1 0.00761414 479,845,470 2.25%
Arran Elderslie 6 0.00589674 3 0.00594003 0.73% 291,615,170 2 0.00651730 295,815,275 9.72%
South Bruce 4 0.00610938 2 0.00613298 0.39% 254,697,145 3 0.00630973 262,507,895 2.88%
SUQeen Shores 5 0.00591144 5 0.00511948 -13.40% 1,180,006,680 4 0.00541359 1,215,049,185 5.74%
South Bruce Penninsula 2 0.00628028 4 0.00540646 -13.91% 1,064,137,090 5 0.00540646 1,070,031,480 0.00%
Huron Kinloss 7 0.00397175 7 0.00373092 -6.06% 653,861,865 6 0.00405551 660,114,965 8.70%
Kincardine 3 0.00615179 6 0.00395745 -35.67% 828,608,785 7 0.00403406 832,810,940 1.94%
North Bruce Pennisula 8 0.00388227 8 0.00349589 -9.95% 864,424,860 8 0.00359254 869,464,285 2.76%
Operating
Council $685,819 3.83%
Administration $2,120,940 11.85%
Facilities $595,291 3.33%
Protection to Persons $3,667,286 20.50%
Healthcare $133,317 0.75%
Public Works $6,992,832 39.08%
Recreation $2,731,069 15.26%
Tourism $541,992 3.03%
Planning & Development $424,834 2.37%
$17,893,380 100.00%
Capital
Council $10,000 0.08%
Administration $114,000 0.89%
Facilities $62,000 0.48%
Protection to Persons $753,200 5.85%
Healthcare $910,000 7.07%
Public Works $7,258,182 56.36%
Recreation $2,794,370 21.70%
Tourism $762,356 5.92%
Planning & Development $215,157 1.67%
$12,879,265 100.00%
Net Change on March 1 Budget Summary
Net Reduction in Reserve & Res Fund Balances on Mar 1 Summary
1
2
3
4
5
6
7
8
9
10
sale of business park land not previously included
Tranfer from Building Res Fund to Fund 100% of 2007 Net
Red Transfer to KBT Equip Repl Res Fund - Fire
Fund Accessibity Loans from W1 Parking Res Fund
Fund Tiverton Sidewalks on King from Sidewalk Res
Fund Huron Kinloss Boundary Culvert from W2 Culvert Res
Show MJD as transfer from Road Reserve
Trf 50% of Plow Truck to Equip Repl Res Fund
Remove Trf to W1 Industrial for cost of Land
Reduce trf from W1 Industrial to cover cost of Info Centre
$5,044,244.00
($547,400.00)
$93,027.00
$10,000.00
$50,000.00
$20,316.00
$7,500.00
$300,000.00
($105,000.00)
$7,644.00
($7,600.00)
($171,513.00)
$4,872,731.00
Mar 5/08
Apr 18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVE AND RESERVE FUNDS BALANCES - WARD 1
Balance as of Net Change Balance
Reserves Jan 1st, 2008 for the Year Dec 31st, 2008
Inventory Reserve $11,000 $0 $11,000
Library Furniture Reserve $3.911 iQ $3.911
Total of Reserves $14,911 $ $14.911
Reserve Funds
Equipment Repl. Res. Fund $1,005,041 -370,515 $634,526
Capital Expenditure Res. Fund -6,425 6,425 0
Industrial Development Res. Fd $632,192 350,044 $982,236
Heritage Reserve Fund $2,571 0 $2,571
Parking Reserve Fund $116,986 -65,000 $51,986
Parkland Trust Reserve Fund $0 0 $0
New lot levies Reserve Fund $65,063 0 $65,063
Old lot levies Reserve Fund $14,803 0 $14,803
Total of Reserve Funds $1.830.231 $ (79,046) $1,751,185
Total Reserve & Res. Funds Sj ,845 142 $ (79.046) $1.766.096
Apr 18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES BALANCES-VVARD1
2008 2008 Total 2008 2008 Total
Balance Trf from Res Trf from Res Trfto Res Trito Res Balance
Reserves Jan 1st, 2007 to revenue Dept to capital Dept from revenue Dept from capital Dept Dec. 31st, 2008
Inventory Reserve $11.000.00 0.00 0.00 $11.000.00
Library Furniture Reserve $3.911.17 0.00 0.00 $3.911.17
Total of Reserves $14,911.17 $0.00 $0.00 0.00 $0.00 $0.00 $0.00 $14,911.17
-- ---------- ------------------- -----------
Apr18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVE FUNDS BALANCES - WARD 1
2008 2008 Total 2008 2008 2008 Total 2008
Balance as of Trf from Res F Trf from Res F Trfto Res F Trfto Res F Trftolfr Interest Balance
Reserve Funds Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Res Fund Earned Dec 31 st, 2008
26 Equipment Repl. Res. Fund $1,005,041.28 375,000.00 Pumper 12-2 10,910.00 Marina
375,000.00 -6,425.18 4,484.82 $634,526.10
29 Capital Expenditure Res. Fund ($6,425.18) 6,425.18 6,425.18 $0.00
30 Industrial Development Res. Fd $632,192.23 10,000.00 Ind Study 547,400.00 Land sale
60,000.00 Durham/MTO
127,356.00 Info Centre 197,356.00 547,400.00 $982,236.23
33 Heritage Reserve Fund $2,571.12 0.00 0.00 $2,571.12
34 Parking ReselVe Fund $116,986.07 15,000.00 fa<;ade 50,000.00 access loans 65,000.00 0.00 $51,986.07
35 Parkland Trust Reserve Fund $0.00 0.00 0.00 $0.00
36 New Lot levies Reserve Fund $65,063.03 0.00 0.00 $65,063.03
48 Old Lot Levies Reserve Fund $14,802.52 0.00 0.00 $14,802.52
Total of Reserve Funds $1830231.07 $15000.00 $622356.00 $637356.00 $10910.00 $547400.00 $558310.00 $0.00 $1751185.07
Apr1808
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES & RESERVE FUNDS BALANCES - WARD 2
Balance as of Net Change Balance as of
Reserves Jan 1 st, 2008 for the Year Dec 31st, 2008
Armow Community Reserve $47,852 ($23,000) $24,852
Culvert Cap. Reserve $12,142 ($7,500) $4,642
Deciduous Trees Reserve $13,745 $0 $13,745
Fire Truck Reserve 6,500.25 $0 6,500.25
Total of Reserves $80.239 ($30.500) $49.739
Reserve Funds
Development Reserve Fund $5,991 $200 $6,191
Lot Levy Reserve Fund $24,695 $700 $25,395
Recreation Reserve Fund $936 $25 $961
Subdivision Reserve Fund $2,642 $75 $2,717
Total of Reserve Funds $34.264 $1.000 $35.264
Total of Reserves & Res. Funds $114.503 $ (29 500\ $85 003
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE 6:00 PM Apr1808
RESERVES BALANCES - WARD 2
Total Total
Balance as of 2008 2008 2008 2008
Trf from res Trf from res Trf to res Trf to res Balance
Reserves Jan. 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Dec 31/08
Armow Capital Reserve 47,851.94 8,000.00 1131 15,000.00 Stairs, rail 23,000.00 0.00 24,851.94
Culverts Capital Reserve 12,141.63 7,500.00 7,500.00 0.00 4,641.63
Deciduous Trees Reserve 13,745.12 0.00 0.00 13,745.12
Fire Truck Reserve 6,500.25 0.00 0.00 6,500.25
Total of Reserves 80,238.94 8,000.00 22,500.00 30,500.00 0.00 0.00 0.00 49,738.94
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Apr180a
RESERVES FUNDS BALANCES. WARD 2
Total
Balance as of 2008 2008 2008 2008 Interest
Trf from res Trf from res Trf to res Trf to res Balance
Reserves Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Total earned Dec 31st, 2008
Reserve Funds
38 Development Reserve Fund $5,990.83 0.00 0.00 200.00 $6,190.83
39 Lot Levy Reserve Fund $24,695.11 0.00 0.00 700.00 $25,395.11
40 Recreation Reserve Fund $936.45 0.00 0.00 25.00 $961.45
41 Subdivision Reserve Fund $2,642.03 0.00 0.00 75.00 $2,717.03
Total of Reserve Funds $34.264.42 0.00 0.00 0.00 0.00 iQ 0.00 1.000.00 $35.264.42
Apr 18/08
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
RESERVES & RESERVE FUNDS BALANCES - WARD 3
Reserves
Balance as of Net Change Balance as of
Jan 1 st, 2008 for the Year Dec 31st, 2008
$315 $0 $315
$45,860 $0 $45,860
$20,316 $0 $20,316
$20,316 ($20,316) $0
$783 ($783) $0
$87.591 ($21.100) $66.491
Tiverton Contigency Reserve
Underwood Com. Centre Reserve
Tiverton Streetlights Reserve
Tiverton Sidewalk Reserve
Tiverton Sports Centre Reserve
Total of Reserves
Reserve Funds
Parkland in Trust Reserve Fund
Equipment Reserve Fund
Development Charges Res. Fund
-602 -20 -622
$26,238 1,000 $27,238
$13,290 500 $13,790
$38.926 $ 1480 40.406
$1'6517 $ 1196201 $ 106897
Total of reserve Funds
Total of Reserves & Res. Funds
THE CORPORA nON OF THE MUNICIPALITY OF KINCARDINE Apr18fOB
RESERVES BALANCES - WARD 3
2008 2008 Total 2008 2008 Total
Balance as of Trf from Res Trf from Res Trf to Res Trf to Res Balance as of
Reserves Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Dec 31st, 2007
Tiverton Conti~ency Reserve $315.04 0.00 0.00
Underwood Com. Centre Reserve $45,859.68 0.00 0.00
Tiverton Streetli his Reserve $20,316.22 0.00 0.00
Tiverton Sidewalk Reserve $20,316.22 20,316.22 Kin 5t 20316.22 0.00
Tiverton Sports Centre Reserve $783.44 783.44 Dehumidifier 783.44 0.00
Total of Reserves $87,590.60 0.00 21,099.66 21 ,099.66 0.00 0.00 0.00 $66,490.94
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE Apr 18108
RESERVE FUNDS BALANCES - WARD 3
2008 2008 Total 2008 2008
Balance as of Trffrom Res Trf from Res 111 to Res Tlfto Res Interest Balance
Reserve Funds Jan 1st, 2008 to revenue Dept to capital Dept from revenue Dept from capital Dept Total earned Dee 31st, 2008
43 Parkland in Trust Reserve Fund ($601.73) 0.00 -20.00 ($621.73)
45 Equipment Reserve Fund $26,237.95
0.00 1,000.00 $27,237.95
46 Development Charges Res. Fund $13,290.25 0.00 0.00 500.00 $13,790.25
Total of reserve Funds $38,926.47 0.00 0.00 0.00 0.00 iQ 0.00 1.480.00 $40.406.47