Recommendation: THAT By Law to adopt the current budgetary estimates for the year 2017 be approved.

Transcription

1 January 11, 2017 Page 1 of 21 Staff Report Meeting Date: January 11, 2017 Submitted by: Tiffany Farrell Number: CPS Subject: Budget Estimates and Tax Rates 2017 Recommendation: THAT By Law to adopt the current budgetary estimates for the year 2017 be approved. THAT By Law to establish a levy for the year 2017, to adopt tax rates for 2017 and to provide for penalty and interest in default of payment and the collection thereof be approved. Purpose: To formally adopt the 2017 budget and direct the setting of the 2017 tax rates. Background: On December 7, 2016 staff presented the 2017 draft budget to Council. At that time the assessment roll had not been received. Staff has since completed a full analysis on the assessment roll and the corresponding tax levy for Analysis: The Draft Capital and Operating budgets were presented to Council and the public on December 7, Staff prepared a second budget report on December 14, 2016 to request additional feedback and received only one question and no additional comments or concerns. After that meeting all questions and concerns were addressed and details of these questions and concerns were posted on the website on January 3, Since that time there have been no further questions or request for changes. Since the presentation I have made a few small changes: 1. Account for grant revenue for two grants we will be receiving in 2017: a. Ilderton Rail Trail $59,096

2 January 11, 2017 Page 2 of 21 b. Ilderton Skateboard Park $66, Adjustment of some of the capital numbers to actual based on tendered results 3. Insurance Adjustment 2% decrease 4. WSIB increase due to an increased 2017 rate. 5. Upper Thames Conservation Authority Levy increase 6. Assessment and Tax Levy information 7. Move Delaware Community Centre flooring costs to Capital and Reserve Allocation Refer to the Attached Budget package for more details. Financial Implications: The 2017 levy increase is proposed at 5.81%, resulting in an increase in the 2017 residential tax rate of 2.38%. Strategic Plans: Financial: Generate Revenue

3 January 11, 2017 Page 3 of Budget Presentation to Council January 11, 2017

4 January 11, 2017 Page 4 of 21 A Message from the CAO The annual budget and the formulation of this document aligns itself with the Council goals outlined in the Strategic Plan for 2012 to During the budget process, the team strives to maintain financial integrity by closely following our Long Range Financial Plan Forecast. We know that some assumptions as part of this plan need to be adjusted and we react accordingly to those changing conditions. Like every year, we take a close look at our operations to determine if we can reduce or better manage our costs. Certainly with staff s assistance, we are better able to determine actual costs for the delivery of certain services and also closely analyze these costs. Increasing revenue is an area we review to ensure that fees and charges are appropriate. We think it is paramount to have our staff trained and equipped with the appropriate training and information necessary to successfully complete their work functions. We absolutely see the value in these costs with the end result being an increase in operational excellence. This year, Tiffany Farrell did a tremendous job of increasing engagement around the budget process in an effort to increase customer satisfaction with our members in our municipality. Although the turnout may not have been what we had hoped for, it at least provided a forum for those to voice their concerns and ask questions related to the budget process. If we can achieve success with managing our costs while hopefully being able to increase our revenues, while at the same time continuing to support operational excellence, then this will have a positive impact on satisfying the residents of Middlesex Centre. While we do not want to take this for granted, there is much work we can do here to better engage and inform our residents. Our team is always looking for effective and cost efficient ways to better communicate with everyone. Yours Sincerely, Michelle Smibert, MPA Chief Administrative Officer

5 January 11, 2017 Page 5 of 21 A Message from the Treasurer On behalf of staff, I am respectfully submitting the 2017 Budget for Council approval. Through the 2017 Budget process, members of staff have worked to find a balanced financial position between the need to maintain support for critical municipal services while limiting tax increases. The budget development process incorporated a number of new community engagement initiatives that included web-based, print and social media outreach along with personal meetings attended by senior staff. As a Municipality, we are focused on increased accountability and transparency. This is achieved through greater engagement with our fellow residents during the planning, implementation and follow up phases of our projects and priorities. While these features reflect best practices in municipal budgeting, they will evolve in future periods in response to your feedback and as our experience grows. The financial decisions you make today are critical for our community s long-term sustainability. While developing this budget, staff s recommendations were guided by Council s Strategic Plan, the Long Range Financial Plan and the Asset Management Plan. The 2017 final budget maintains the current level of services, but at a cost to the resident. The 2017 combined operating and capital budget incorporates a 15,357,988 or 5.81% increase in the levy. In the future, continued effort is being put toward service delivery practices that demonstrate value for money to residents and businesses. Moving forward, this will include a greater emphasis on alignment to the priorities of the community and to performance measurement and continuous improvement in each department. Furthermore, be advised that a resident s total property tax billing reflects taxes levied by the Municipality of Middlesex Centre, the County of Middlesex and the local school boards. The Municipality only has the expected tax levy increase for Middlesex Centre which is 5.81% projected for A home with an assessed value of $357,000 would see a total increase of $3.94per month. Each year, taxes are compared with a number of other municipalities. In 2016, the Municipality of Middlesex Centre administered the second lowest municipal taxes in Middlesex County. Overall, this budget balances the provincial revenue cuts and a reasonable tax increase against the maintenance needs of our municipal assets, financing requirements and service level support. Staff will be closely monitoring the 2017 budget to actual to ensure that the Municipality is on track to sustain current levels of service and support development pressures to continue to grow and prosper during Yours Sincerely, Tiffany Farrell, CPA, CA Director of Corporate Services

6 January 11, 2017 Page 6 of Budget Presentation to Council Introduction The Municipality of Middlesex Centre plays an essential role in helping residents and businesses enjoy and contribute to building a community we are proud of. This is achieved through the creation, development and implementation of programs and services that meet the needs of our community today and into the future - while being mindful of the current economic realities. Operating budgets are comprised of revenue and expenditures invested in all municipal services and programs. Capital budgets represent total dollars invested in building and infrastructure rehabilitation to meet the needs of our residents now and into the future. We remain focused on advancing Council s Vision and Strategic Plan. Key principles followed in developing 2017 budget and beyond: Operating budget is balanced and fiscally responsible The budget adheres to Council priorities and aligns with the Strategic Plan Residents are engaged in the process Essential services receive first priority Asset Management Like every other Municipality in Ontario, we also continue to struggle with closing the infrastructure gap that was identified in our 2013 Asset Management Plan. Maintaining and improving Middlesex Centre s municipal infrastructure will continue to require investment. In 2016, the long range financial plan for Middlesex Centre operations and capital requirements were completed, this plan will assist in ensuring sustainable municipal services. The Municipality will continue to take advantage of any available Federal and/or Provincial funding to undertake significant infrastructure projects. In 2016, the Municipality applied for 14 grants with only 1 grant being successful at this time.

7 January 11, 2017 Page 7 of 21 Budget Timeframe & Process Each year, budgets are completed by individual departments, outlining operating costs and capital requests. These individual budgets are consolidated and subsequently reviewed to determine funding (revenue) sources available - and whether additional funds (revenues) are required to meet the approved objectives. Once a consolidated and cohesive budget package has been completed, it is presented to Council for their review. Once a budget has met the approval of Council, funding and priorities will be identified for the coming fiscal year and the budget bylaw is passed. Timeline: September: Public engagement began surrounding the budget and identifying priorities from their perspective. First budget survey conducted. October: Deadline to submit departmental plans and budgets (operating and capital). November: Results from public engagement and community roundtable draft budget are presented to Council for review. December 7: Council Meeting - Budget to be discussed. January 2017: The 2017 Municipal Budget to receive Council approval. Process:

8 January 11, 2017 Page 8 of Budget Challenges MPAC assessment decreases in 2017 (approximately 427 properties) Increasing conservation authority costs ( % budget increase) Increasing hydro costs ( % budget increase) Additional funding for capital to overcome the current infrastructure funding gap Provide funding and resources to address future priorities (Reserves) Ability to address increased costs related to legislative and regulatory requirements General inflationary increases Policing costs ( % budget increase) Timing of Federal and Provincial grant announcements In this fiscal environment, the overall spending increase would have been larger it not for the impact of operational streamlining and efficiencies that staff have been making in their departments to reduce costs. Despite the general environment of constraint, the 2017 budget includes initiatives that look to the long term viability of Middlesex Centre. Although Middlesex Centre continues to prosper generating net growth in property assessment year over year, 2017 is the start of a new 4 year phased in assessment cycle. Since the Municipality is in the first year of the 2016 property reassessments, all decreases in property assessments will hit our assessment base in Municipalities are service based organizations. Your local government provides a wide variety of services to an extremely varied client base. While not an exhaustive list, our customers include: Youth, families, seniors, pet owners, farmers, home owners, renters, workers, artists, walkers, drivers, developers, retirees, business owners and cyclists. Our challenge is striving to meet the needs of as many of our customers as possible in a fiscally responsible way. The process is further complicated where the needs and wants of our citizens are in conflict with one another.

9 January 11, 2017 Page 9 of Operating Highlights & Key Initiatives Establishment of a net-zero energy community behind the Wellness Centre Procurement and deployment of sustainable electric vehicle fleet In-house development review and inspection In-house fleet maintenance and inspection services Addressing unaccounted for water loss Increased by-law enforcement presence Safe drinking water initiatives including full review of Source Protection Plan policies Review of the backflow prevention program to ensure all industrial, commercial and institutional uses are included in the program. Development of minimum maintenance standards for facilities and park maintenance A full rates and fees review of all rental areas (ice, community halls and sport fields) 2017 Clean & Green Program Introduction of a Commemorative Program within Parks Finalize Paws in Parks program Install a new floor at the Delaware Community Centre (partnering with the Delaware Lions) just in time for the Canada 150 Celebration Ball Diamond & tree maintenance throughout the Municipality Continued improvement of the Asset Management Plan making this a living document Increasing internal & external communications Ongoing review of operational accounts for savings Early tendering of capital projects to obtain best price Development Charges Study update Work on gaps in Health & Safety Training Program

10 January 11, 2017 Page 10 of 21 Investing in Middlesex Centre Capital Project Highlights From parks and trails, to our facilities and confidence in safe and reliable water treatment facilities, our residents are making an investment in the future health and vibrancy of our community. In 2017, the Municipality of Middlesex Centre will invest $15 million in capital projects, ranging from bridges and sidewalks to recreation facilities, waste water projects, vehicles and equipment. Capital Projects for 2017 Transportation Systems $6,597,573 Water, Wastewater and Stormwater $4,320,980 Community Services $812,000 Fire $3,290,000 Building Department $80,000 Currently, 7 carry over projects exist from 2016, accounting for 37.95% of the capital budget. Included in the Building Department and Water/ Wastewater capital budget are 3 new electric vehicles Poplar Hill is getting a new multi-use court thanks to a $20,000 contribution from the Poplar Hill and District Lions Club 2 new Stormwater Projects in 2017, 1 in Delaware and 1 in Komoka

11 January 11, 2017 Page 11 of 21 Understanding Your Municipal Taxes Property tax is calculated annually using the property's assessed value and the Council-approved property tax rate. Property taxes account for 35.36% of the Municipality s annual operating budget. Without these revenues, it would not be possible for the Municipality to provide the services residents rely on every day. Property assessments are finalized, however the County tax levy and education rates will be provided later in The tax rate is calculated by dividing the tax levy requirement by the amount of property tax assessment to come up with tax rates for each class of property. The 2017 budget focuses on services and performance, and aims to clearly illustrate the relationship between services, service levels and costs. The financial decisions we make today are critical to the long-term sustainability of our Municipality. This budget reflects Council priorities, corporate strategic plans and the needs of the community. During this year s process, staff have worked diligently on budget numbers, and have also clearly demonstrated the municipal services residents receive for their tax dollars. Consistent, reliable services are what residents expect from their municipality. From clean drinking water, to the roads you drive on and the playgrounds your children enjoy, your day-to-day and quality of life is reliant on these services. The municipal budget presented here is the way Municipal Council assigns resources to services. What does this mean for residents? Your tax dollars pay for numerous programs and services that keep the Municipality running every day: Road construction and maintenance Policing in Middlesex Centre provided by the OPP Fire Services Corporate Services Economic Development Conservation Authorities Community Services (arenas, parks, facilities & community centres) 2016 was an Assessment Update Year, so what does this mean to you? Every four years, MPAC will mail a Property Assessment Notice to every property owner in Middlesex Centre. Your 2016 Notice reflects the assessed value and classification of your property as of January 1, To provide an additional level of property tax stability and predictability, market increases in assessed value between Assessment Updates are phased in gradually over four years. Under the phase-in provision in the Assessment Act, an increase in assessed value is introduced gradually over the four years ( ) while a decrease in assessed value is introduced immediately in This creates a challenge for Municipalities in the first year of the assessment phase-in cycle as all decreases in assessments occur in that year.

12 January 11, 2017 Page 12 of 21 Attachments 2017 Budget Summary Capital Expenditures and Financing Detail Capital Funding & Expenditures Summary Operating Revenue & Expenditures Summary of Reserve Fund Activity Debenture Summary Assessment and Tax Summary Let s Stay in Touch Contact Tiffany Farrell Director, Corporate Services extension 224 farrell@middlesexcentre.on.ca

13 January 11, 2017 Page 13 of 21 Municipality of Middlesex Centre 2017 Budget Summary Revenue Expenditures Raised on Taxes 2016 Taxes Raised Change $ % General Government Administration 3,041,768 4,412,984 1,371,216 1,438,330 (67,114) -4.67% Rental Buildings 106, ,000 - (11,849) 11, % Council - 162, , ,118 4, % Total General Government 3,147,768 4,681,064 1,533,296 1,583,599 (50,303) -3.18% Protection to Persons & Property - Fire Department 3,338,500 4,594,032 1,255,532 1,497,405 (241,873) % Policing - 2,055,001 2,055,001 2,010,289 44, % Conservation Authorities - 251, , ,139 18, % Emergency Operations Centre - 4,350 4,350 4, % Building & Bylaw 669, ,309 41,509 13,834 27, % Animal Control 51,500 26,800 (24,700) (24,350) (350) 1.44% Total Protection to Persons & Property 4,059,800 7,643,029 3,583,229 3,734,417 (151,188) -4.05% Public Works & Engineering Total Public Works & Engineering 5,611,242 12,636,766 7,025,524 6,646, , % Environment Services - Wastewater Systems 5,170,116 5,170, Stormwater Systems 1,997,970 1,997, Water Systems 4,165,232 4,165, Waste Management 725,227 1,109, , ,887 (18,345) -4.55% Total Environmental Services 12,058,545 12,443, , ,887 (18,345) -4.55% Health Services Total Health Services 4,250 14,498 10,248 8,500 1, % Recreation Services - Parks 455,410 1,426, , , , % Community Centres 224, ,932 3,832 86,813 (82,981) % Arenas & Facilities 2,090,150 2,904, , , , % Libraries 34,960 23,159 (11,801) (7,136) (4,665) 65.37% Total Recreation & Culture 2,804,620 4,582,126 1,777,506 1,192, , % Planning & Development - Planning 293, , ,414 58,750 56, % Drainage 57, ,551 63,751 61,959 1, % Debenture Payments 44,501 44, Total Planning & Development 395, , , ,709 58, % Vehicles & Equipment Total Vehicles & Equipment - 864, , ,120 39, % Total for Municipal Purposes $ 28,082,026 $ 43,440,014 $ 15,357,988 $ 14,514,648 $ 843, %

14 January 11, 2017 Page 14 of 21 Department Description Budget Municipality of Middlesex Centre Capital Expenditures and Financing Detail 2017 Budget Grants Donations/ Other Financing User Fees Reserve $ Description Administration 2 Hybrid/EV Car - Building Department 80,000 80,000 Building Department Reserve - Total $ 80,000 $ - $ - $ - $ - $ 80,000 $ - Fire Department Arva Replace Engine/ Pumper 400, ,000 Fire Vehicles & Equipment - Coldstream - New Hall Construction 2,800,000 1,372,000 1,428,000 DC Fire 51% - Administration - Hydraulics/ Rescue Tools 20,000 20,000 Infrared Cameras 30,000 30,000 SCBA Bottles x20 40,000 40,000 Fire Vehicles & Equipment - TOTAL $ 3,290,000 $ - $ - $ 1,372,000 $ - $ 1,868,000 $ 50,000 Public Works & Engineering Concrete Replacement Program 150, ,000 Roads Capital - Oxbow Drive (Komoka Rd to Valleyview Drive) 1,010, ,389 DC Roads 40% 606,584 Wellington/Victoria/Martin/Longwoods Reconstruction 2,015,000 1,712,750 DC Roads 85% - 302,250 Roads Capital Hyde Park Road (Stone Field Ln to water tower) 250, ,000 DC Roads 90% 25,000 Sinclair Drive (Nairn Rd to Bear Creek Rd) 243, ,000 - Road Entrance Permit - union gas - Ivan Drive Nairn Rd. to Lobo Compressor station) 460, ,000 Union Gas Hot Mix Resurfacing Program 588, ,668 OCIF Reserve 145,932 Tri-Axle Trailer Pup - New 75,000 75,000 Single Axle Truck - Replace 2005 International , ,000 Gen Vehicles & Equipment - Tractor / Mower - Replace 1996 Case 585XL , ,000 Gen Vehicles & Equipment - One Ton Flatbed Truck - Replace 2005 GMC Topkick ,000 75,000 Gen Vehicles & Equipment - 3/4 Ton Pickup - Replace 2013 Chevrolet Silverado ,000 60,000 Single Steel Drum Roller - New 155, ,000 Rehabilitate Bridge B , ,000 Roads Capital - Rehabilitate Culvert C , ,000 Gas Tax - Total $ 6,597,573 $ - $ 703,000 $ - $ - $ 4,827,057 $ 1,067,516 Wastewater Arva WWTF - New Facility 250, ,000 DC Wastewater 100% - Ilderton WWTF Expansion - Phase 1 265, ,000 DC Wastewater 100% - Kilworth West Sanitary Sewer Connection 1,475,000-1,165,250 DC Wastewater 79% - 309,750 Wastewater Reserve Hybrid/EV Car 20,000-20,000 Wastewater Reserve - Total $ 2,010,000 $ - $ - $ - $ - $ 2,010,000 $ - Water Delaware - new supply 505,000 71,205 DC Water 14.1% - 75,000 CWWF reserve 358,795 Water Reserve Wellington/Victoria/Martin/Longwoods Reconstruction 300, ,000 Water Reserve - Oxbow Drive Reconstruction 49,060 49,060 Water Reserve - Glendon Drive Watermain Extension 210, ,030 DC Water 54.3% - 95,970 Water Reserve Wachs Automated Valve turning trailer 50,000 50,000 Water Reserve - Hybride/EV car 20,000 20,000 Water Reserve - Total $ 1,134,060 $ - $ - $ - $ - $ 1,134,060 $ - Stormwater - Wellington/Victoria/Martin/Longwoods Reconstruction 775, ,000 Storm Water Reserve - Oxbow Drive Reconstruction 401, ,920 Storm Water Reserve - Total $ 1,176,920 $ - $ - $ - $ - $ 1,176,920 $ - Community Services - Ilderton Rail Trail 180,000 59, ,006 DC Recreation Delaware Community Centre floor 40,000 10,000 30,000 Delaware Hydro Reserve Arva Washrooms Accessible 50,000 50,000 Building & Facility - Skateboard Park Ilderton 200,000 66, ,340 New Basketball Court Poplar Hill 45,000 20,000 25,000 Ice Resurfacer - Komoka 100, ,000 Gen Vehicles & Equipment - Replace 2007 Ford Ranger - 1/4 Ton 35,000 35,000 Gen Vehicles & Equipment - New Half Ton PickUp 37,500 37,500 Gen Vehicles & Equipment - New Half Ton PickUp 37,500 37,500 15' Trailer 3,500 3,500 New Mower 15,000 8,000 Gen Vehicles & Equipment 7,000 Municipal Accessibility Improvements (Bryanston Washroom) 64,000 27,000 37,000 Building & Facility - 18' Trailer 4,500 4,500 Total $ 812,000 $ 153,654 $ 30,000 $ - $ - $ 417,506 $ - $ 210,840 - Total Capital $ 15,100,553 $ 153,654 $ 733,000 $ 1,372,000 $ - $ 11,513,543 $ - $ 1,328,356 Loan Tax Levy 1/4/2017

15 January 11, 2017 Page 15 of 21 Municipality of Middlesex Centre Capital Funding & Expenditures Summary 2017 Budget 2017 Budget 2016 Budget Department Funding Expenditures Taxes Funding Expenditures Taxes General Government Administration Office - Dove Dental Medical Centre Council Economic Development Total General Government Protection to Persons & Property Fire Fire Dept - Operations 3,240,000 3,290,000 50,000 3,089,968 3,434, ,000 Special Operations Fire Dept - Administration Total Fire 3,240,000 3,290,000 50,000 3,089,968 3,434, ,000 Other Policing Conservation Authorities Emergency Operations Centre Building Inspection 80,000 80, By-law Enforcement Source Water Protection Animal Control Total Other 80,000 80, Total Protection to Persons & Property 3,320,000 3,370,000 50,000 3,089,968 3,434, ,000 Public Works Public Works 5,380,057 6,447,573 1,067,516 5,221,213 6,310,923 1,089,710 Streetlighting Sidewalks 150, , Total Public Works 5,530,057 6,597,573 1,067,516 5,221,213 6,310,923 1,089,710 Environmental Wastewater Systems 2,010,000 2,010,000-3,265,000 3,265,000 - Stormwater Systems 1,176,920 1,176, , ,000 - Water Systems 1,134,060 1,134, , ,921 - Total Environmental 4,320,980 4,320,980-3,830,921 3,830,921 - Waste Management Garbage Collection Garbage Disposal Recycling Composting Eco-Waste Depots Total Waste Management Health Services Cemeteries Total Health Services Recreation Parks Park - Arva Weldon 50,000 50, Park - Bryanston Prince Andrew Park - Coldstream Park - Delaware Lions

16 January 11, 2017 Page 16 of 21 Municipality of Middlesex Centre Capital Funding & Expenditures Summary 2017 Budget 2017 Budget 2016 Budget Department Funding Expenditures Taxes Funding Expenditures Taxes Park - Delaware Municipal Park - Delaware Pleasant Park - Delaware Tiffany Park - Denfield Park - Ilderton Optimist Park - Ilderton Heritage 66, , ,340-20,000 20,000 Park - Ilderton Junction Park - Ilderton Meadowcreek Park - Ilderton Lions Park - Kilworth Optimist Park - Kilworth Rivers Edge Park - Kilworth Westbrook Park - Komoka - 103, ,000 9,300 Park - Komoka Caverhill Park - Poplar Hill 20,000 45,000 25, Coldstream Op Centre Park - Administration 180, , ,000 25,000 Total Parks 316, , , , ,000 54,300 Community Centres CommunityCentre - Bryanston 64,000 64, CommunityCentre - Coldstream CommunityCentre - Delaware 40,000 40, CommunityCentre - Ilderton CommunityCentre - Komoka ,000 30,000 3,000 Total Community Centres 104, ,000-27,000 30,000 3,000 Arenas Arena - Ilderton Arena - Wellness Centre 180, ,000 52, Total Arenas 180, ,000 52, Libraries Library - Coldstream Library - Delaware Library - Ilderton Total Libraries Total Recreation 601, , , , ,000 57,300 Planning Department Drainage Superintendent Debenture Payments Vehicles & Equipment Total $ 13,772,197 $ 15,100,553 $ 1,328,356 $ 12,272,802 $ 13,764,812 $ 1,492,010

17 January 11, 2017 Page 17 of Budget 2016 Budget Department Revenue Expenditures Taxes Revenue Expenditures Taxes General Government Municipality of Middlesex Centre Operating Revenue & Expenditures Summary 2017 Budget Administration 3,041,768 4,359,001 1,317,233 2,796,741 4,140,558 1,343,817 Office - Dove Dental , ,849 Medical Centre 106, , , ,000 - Council - 162, , , ,118 Economic Development - 53,983 53,983-94,513 94,513 Total General Government 3,147,768 4,681,064 1,533,296 2,915,109 4,498,705 1,583,599 Protection to Persons & Property Fire Fire Dept - Operations 81, , ,581 71, , ,219 Special Operations - 6,920 6,920-9,920 9,920 Fire Dept - Administration 16, , ,031 4, , ,266 Total Fire 98,500 1,304,032 1,205,532 76,500 1,228,905 1,152,405 Other Policing - 2,055,001 2,055,001-2,010,289 2,010,289 Conservation Authorities - 251, , , ,139 Emergency Operations Centre - 4,350 4,350-4,100 4,100 Building Inspection 583, ,361-35, , ,765-44,447 By-law Enforcement 6,300 82,948 76,648 7,500 65,781 58,281 Source Water Protection Animal Control 51,500 26,800-24,700 55,000 30,650-24,350 Total Other 641,300 2,968,997 2,327, ,712 2,755,724 2,237,012 Total Protection to Persons & Property 739,800 4,273,029 3,533, ,212 3,984,629 3,389,417 Public Works Public Works 81,185 5,783,242 5,702,057 82,881 5,465,625 5,382,744 Streetlighting - 156, ,951-70,000 70,000 Sidewalks - 99,000 99, , ,480 Total Public Works 81,185 6,039,193 5,958,008 82,881 5,640,104 5,557,224 Environmental Wastewater Systems 3,160,116 3,160,116-3,179,094 3,179,094 - Stormwater Systems 821, , , ,680 - Water Systems 3,031,172 3,031,172-2,930,873 2,930,873 - Total Environmental 7,012,338 7,012,338-6,861,647 6,861,647 - Waste Management Garbage Collection 700, , , , , ,518 Garbage Disposal - 244, , , ,315 Recycling 14, , ,183 15, , ,490 Composting - - Eco-Waste Depots 11,000 84,000 73,000 13,000 99,600 86,600 Total Waste Management 725,227 1,109, , ,295 1,104, ,887 Health Services Cemeteries 4,250 14,498 10,248 6,250 14,750 8,500 Total Health Services 4,250 14,498 10,248 6,250 14,750 8,500 Recreation Parks Park - Arva Weldon 8,700 13,722 5,022 8,250 40,746 32,496 Park - Bryanston Prince Andrew 82,000 81, ,000 82,000 - Park - Coldstream 5,000 4, ,500 25,462 17,962 Park - Delaware Lions 3,450 4,850 1,400 3,012 30,846 27,834 Park - Delaware Municipal 3,500 44,560 41,060 1,432 11,200 9,768 Park - Delaware Pleasant 1,200 1, ,004 5,200 4,196

18 January 11, 2017 Page 18 of 21 Municipality of Middlesex Centre Operating Revenue & Expenditures Summary 2017 Budget 2017 Budget 2016 Budget Department Revenue Expenditures Taxes Revenue Expenditures Taxes Park - Delaware Tiffany ,400 1,400 Park - Denfield 3,300 4,779 1,479 2,720 9,045 6,325 Park - Ilderton Optimist 2,500 4,291 1,791 3,553 11,100 7,547 Park - Ilderton Heritage 4,900 64,214 59,314 4,760 49,850 45,090 Park - Ilderton Junction ,600 1,600 Park - Ilderton Meadowcreek 3,000 3, ,053 10,016 5,963 Park - Ilderton Lions 6,500 6,500-6,500 6,500 - Park - Kilworth Optimist ,900 9,900 Park - Kilworth Rivers Edge ,400 3,400 Park - Kilworth Westbrook 1,600 40,313 38,713 3,303 23,264 19,961 Park - Komoka 5,600 16,755 11,155 5,203 19,300 14,097 Park - Komoka Caverhill ,400 2,400 Park - Poplar Hill 7,500 20,200 12,700 7,420 39,332 31,912 Coldstream Op Centre ,221 7,221 Park - Administration - 637, , , ,564 Total Parks 138, , , , , ,636 Community Centres CommunityCentre - Bryanston 6,200 9,528 3,328 6,200 25,140 18,940 CommunityCentre - Coldstream 16,200 18,233 2,033 16,200 29,597 13,397 CommunityCentre - Delaware 24,100 38,648 14,548 27,000 49,438 22,438 CommunityCentre - Ilderton 26,800 36,168 9,368 22,500 42,149 19,649 CommunityCentre - Komoka 46,800 21,355-25,445 46,700 56,089 9,389 Total Community Centres 120, ,932 3, , ,413 83,813 Arenas Arena - Ilderton 369, , , , , ,001 Arena - Wellness Centre 1,539,900 1,830, ,950 1,586,094 1,731, ,868 Total Arenas 1,909,650 2,671, ,056 1,958,901 2,398, ,869 Libraries Library - Coldstream 7,872 3,970-3,902 7,872 6, Library - Delaware 4,198 6,585 2,387 4,198 7,600 3,402 Library - Ilderton 22,890 12,604-10,286 22,890 13,351-9,539 Total Libraries 34,960 23,159-11,801 34,960 27,824-7,136 Total Recreation 2,203,460 3,770,126 1,566,666 2,253,603 3,388,353 1,135,182 Planning Department 293, , , , ,250 58,750 Drainage Superintendent 57, ,551 63,751 45, ,109 61,959 Debenture Payments 44,501 44,501-45,227 45,227 - Vehicles & Equipment - 864, , , ,120 Total $ 14,309,829 $ 28,339,461 $ 14,029,632 $ 13,884,874 $ 26,907,076 $ 13,022,638

19 January 11, 2017 Page 19 of 21 Debenture Type Principal Interest Total Tile Loans Middlesex Centre # # , ,794 # , ,655 # , ,946 # , ,209 # , ,535 # , ,120 # ,075 2,420 6,494 # ,753 1,209 2,962 # ,238 1,770 4,008 Total Tile Loans 30,510 9,150 39,660 Municipal Drains Middlesex Centre , , , ,311 Total Municipal Drains 4, ,841 Other Lobo Komoka Water/Sewer - # ,000 4, ,600 Middlesex Centre Municipality of Middlesex Centre Debenture Summary 2017 Budget Arva Sewer - # (Town And Country Invoice) 14,806 5,960 20,766 Kk Sewer - County Inf (County Invoice) 262, ,500 Medical Clinic - # ,142-31,142 Kil/Kom Water Line - # , , ,577 Operations Centres - # , , ,498 Wellness Centre - # , , ,094 Komoka Plant Exp - # , , ,132 Timberwalk Pump Stn - # ,866 40,896 80,762 Roads Capital ,991 37,002 78,993 Total Other 1,513, ,048 2,305,064 Total Debentures $ 1,547,920 $ 801,645 $ 2,349,565

20 January 11, 2017 Page 20 of 21 Municipality of Middlesex Centre Summary of Reserve Fund Activity 2017 Budget Balance Reserve Fund YTD 2017 Budget Parking 2, , , , , , , Delaware Hydro 835, , , , , , , Insurance Claims 86, , , , , , , Employee Benefits - 49, , , , , , Capital Carryover , Medical Clinic Furniture & Equipment 2, , , , , , , Workplace Safety 64, Waste Management 430, , , , , , , Gravel Pit Rehab 295, , , , , , , Buildings & Facilities 354, ,100, , ,100, ,512, ,744, ,908, Fire Vehicles & Equipment 505, , , , ,151, ,168, , Fire Public Education , , , , General Vehicles & Equipment 347, , , , , , , Build Middlesex Centre , , , , , MIII - Ilderton Water Storage - - 1,100, , OCIF Gas Tax Rebate 1,091, ,476, ,472, , ,130, , (58,259.81) Poplar Hill Log Cabin 4, , , , , , , Ilderton Lions Park , , , , Tax Rate Stabilization 1,589, , ,100, ,111, ,122, ,129, ,119, Roads Capital 464, , ,486, ,867, ,420, ,764, ,858, Wellness Centre Splashpad , Wastewater Capital (1,420,304.56) (1,054,560.54) (955,407.01) (644,347.17) (92,600.77) (93,153.16) (181,156.88) Storm Water Capital 355, , , , , , , Water Capital (665,903.36) (395,360.09) (98,192.48) 359, , , , CWWF Reserve - Building Department Reserve - Administration Support 40, Total $ 4,342,746 $ 5,643,792 $ 9,052,474 $ 9,270,569 $ 11,023,380 $ 11,522,035 $ 9,020,557

21 January 11, 2017 Page 21 of 21 Municipality of Middlesex Centre Assessment & Tax Summary 2017 Budget PROPERTY CLASS ASSESSMENT TOTAL TOTAL TOTAL TOTAL JAN/17 VALUE PERCENTAGE Properties PERCENTAGE Commercial 99,700, , % % Shopping Centre - full 130, % % Exempt Farmlands taxable - full 76,609,833 - #DIV/0! 0.00% % 0.00% Farmlands 1,101,074,050 1,567, % % Industrial 11,783, , % % Multi Residential 9,200,250 92, % % Pipeline taxable - full 113,222, , % % Residential/Farm 2,152,300,679 12,255, % % Managed Forest 2,653,851 3, % % TOTAL 3,566,675,550 15,357, % % NOTE: A 1% tax increase would result in $149,885