2017 Budget Executive Summary

Transcription

1 2017 Budget Executive Summary Conservation Halton s purpose is: To conserve our natural environment through planning, protection, education and recreation and to support our partners in the creation of sustainable communities within our watershed.

2 Executive Summary Index Section Budget Total Expenditures Budget Total Budget Sources Operating - Watershed Management & Support Services Operating - Conservation Areas Capital - Watershed Management & Support Services Capital - Conservation Areas 8. Ten Year Total Expenditures and Forecast 9. Ten Year Total Watershed Management & Support Services Forecast 10. Ten Year Capital Watershed Management and Support Services Forecast 11. Ten Year Total Conservation Areas Forecast 12. Ten Year Capital Conservation Areas Forecast 13. Reserve Continuity Summary 14. Municipal Apportionments Budget Municipal Major Drivers

3 2017 Budget Total Expenditures Budget Projected Budget Budget % Actual Total Expenditures inc./dec Salaries & Benefits $17,514,780 $16,405,797 $16,800, % $15,782,520 Materials & Supplies 2,384,319 2,868,232 2,420, % 2,262,840 Purchased Services 3,518,636 3,408,891 2,936, % 4,024,136 Financial & Rent expense 347, , , % 315,988 Debt Financing Charges 469, , , % 329,279 Internal Chargebacks 1,079,600 1,098,050 1,138, % 1,034,233 Transfers to Reserves 438, , , % 1,201,905 Total Operating Expenditures 25,752,631 25,290,409 24,895, % 24,950,901 Total Capital Expenditures 7,503,000 1,626,079 2,145, % 3,978,595 TOTAL EXPENDITURES $33,255,631 $26,916,488 $27,040, % $28,929,496 Staff Complement (FTE) Permanent Temporary Total Staff Complement Increase in Staff Complement due to: New Permanent Staff Positions (Watershed Mgmt & Support Serv.) Increase Permanent Staff Positions (Conservation Areas) Increase/(Decrease) in Temporary staff positions Total increase in total staff complement Section 1

4 2017 Budget Total Budget Projected Budget Budget % Actual Total inc./dec Program Revenue $13,650,521 $13,600,731 $13,826, % $13,681,294 Provincial 2,043,580 1,186,619 1,012, % 1,402,720 Municipal 9,159,087 9,109,245 8,697, % 8,318,132 Municipal Debt Financing 2,632, , , % 675,133 Development fees received by Region of Halton 400, % 0 Partnership Projects 1,157, , , % 945,118 Other Grants and Program 3,192,343 1,349, , % 2,577,976 Internal Chargebacks 1,179,600 1,114,300 1,203, % 1,062,776 Transfers from Reserves 998, ,382 1,058, % 1,211,465 TOTAL FUNDING $33,255,631 $26,916,488 $27,040, % $28,929,496 Section 2

5 2017 Budget Sources PAGE 5 Federal & Provincial, 11% Municipal Debt Financing 8% Program Revenue/ Other Grants & / Reserves/ Chargebacks, 54% Municipal, 27% Total Budget $33,255,631; Total Municipal funding $9,159,087; Section 3

6 2017 Operating Watershed Management & Support Services Budget Projected Budget Budget % Actual Operating Expenditures inc./dec Salaries & Benefits $11,090,991 $10,132,586 $10,544, % $9,469,884 Materials & Supplies 1,165,748 1,538,053 1,057, % 1,166,239 Purchased Services 1,795,174 1,740,759 1,283, % 2,007,175 Financial & Rent expense 95,200 91,864 64, % 56,989 Debt Financing Charges 469, , , % 329,279 Internal Chargebacks 106,400 85,150 86, % 55,138 Transfer to Reserves 207, , , % 488,336 TOTAL OPERATING EXP.- WATERSHED MGMT. & SUPPORT SERV. $14,930,218 $14,355,414 $13,668, % $13,573,039 Program Revenue $3,020,462 $2,858,090 $2,791, % $2,495,786 Provinical - Ministry of Natural Resources & Forestry 300, , , % 300,311 Provincial - Source Water Protection and Land Mgmt. 418, , , % 588,196 Municipal 8,404,233 8,213,941 8,213, % 7,796,834 Other Grants and Program 1,592,343 1,336, , % 1,329,136 Internal Chargebacks 1,179,600 1,114,300 1,203, % 1,062,776 Transfers from Reserves & Unallocated Surplus 15, % 0 TOTAL OPERATING FUNDING - WATERSHED & SUPPORT SERV. $14,930,218 $14,355,414 $13,668, % $13,573,039 Staff Complement (FTE) Permanent Temporary Total Staff Complement Increase in Staff Complement due to: Increase/(Decrease) in Permanent Staff Positions (2.8) 10.0 Increase/(Decrease) in Temporary staff positions Total increase in total staff complement Section 4

7 2017 Operating Conservation Areas Budget Projected Budget Budget % Actual Operating Expenditures inc./dec Salaries & Benefits $6,423,789 $6,273,211 $6,256, % $6,312,637 Materials & Supplies 1,218,571 1,330,179 1,363, % 1,096,601 Purchased Services 1,723,462 1,668,132 1,653, % 2,016,961 Financial & Rent expense 252, , , % 258,998 Internal Chargebacks 973,200 1,012,900 1,052, % 979,095 Transfer to Reserves - Operating Surplus 231, , , % 713,570 TOTAL OPERATING EXPENDITURES - CONSERVATION AREAS $10,822,413 $10,934,995 $11,226, % $11,377,862 Program Revenue $10,630,059 $10,742,641 $11,034, % $11,185,508 Municipal - Education 192, , , % 192,354 TOTAL OPERATING FUNDING - CONSERVATION AREAS $10,822,413 $10,934,995 $11,226, % $11,377,862 Staff Complement (FTE) Permanent Temporary Total Staff Complement Change in Staff Complement due to: Increase (Decrease) in Permanent FTE staff positions Increase in Temporary FTE staff positions Total increase in total staff complement Section 5

8 2017 Capital Watershed Management & Support Services Budget Projected Budget Budget % Actual Capital Expenditures inc./dec Dams & Channels Major Repair Projects** $0 $21,467 $0 0.0% $820,974 Dams and Channels Major Repair Project - Kelso Dam** 5,265, ,000 $ % $147,612 Dams and Channels Maintenance Projects** 385,000 95, , % 59,840 Flood Forecasting and Warning Program 110,000 75,000 75, % 25,000 GIS Technology Upgrades 80, % 0 Integrated Watershed Management Planning 25, % 0 Watershed Integrated Database Management System 75, % 0 Watershed Plan Implementation 0 150, , % 130,956 Property Acquisition and donations % 881,972 Administration Office Renovations 0 147, , % 543,507 Information Technology Infrastructure 80, ,000 80, % 69,262 Conservation Halton Foundation Funded Capital Projects 100, , % 18,795 Vehicle and Equipment Replacement 263,000 13, % 174,535 Emerald Ash Borer 400, % 0 Other (Land Securement Strategy, Ice Storm) 0 25, % 23,702 Transfer to Reserves (Interest on Reserves) % 40,900 TOTAL CAPITAL EXP. - WATERSHED MGMT & SUPPORT SERVICE $6,783,000 $1,228,642 $1,265, % $2,937,054 Provincial (**assumes a 50% estimated grant) $1,325,000 $353,684 $245, % $514,213 Municipal - Capital 562, , , % 328,944 Municipal Debt Financing 2,632, , , % 675,133 Development fees received by Region of Halton 400, % 0 Conservation Halton Foundation 100, , % 18,795 Contributions and Proceeds received for Land Acquisition % 881,972 Other Grants, Recoveries and Interest 1,500,000 13,330 50, % 94,445 Transfer from Reserves - Watershed, Building & Debt 0 47, , % 278,861 Transfer from Reserve - Vehicle & Eqpt.; Watershed Capital 263, % 144,692 TOTAL CAPITAL FUNDING - WATERSHED MGMT & SUPPORT SERV $6,783,000 $1,228,642 $1,265, % $2,937,054 Section 6

9 2017 Capital Conservation Areas Budget Projected Budget Budget % Actual Capital Expenditures inc./dec Conservation Areas Infrastructure $255,000 $256,000 $230, % $361,353 Crawford Lake Longhouse 0 20, % 31,712 Glen Eden Ski Area 400, , , % 478,650 Vehicle and Equipment Replacement 65, % 143,926 Transfer to Reserves - Reserve Loan Payback and Interest , % 25,900 TOTAL CAPITAL EXPENDITURES - CONSERVATION AREAS $720,000 $397,437 $880, % $1,041,541 Other Grants, Recoveries and Interest - Conservation Areas % 253,629 Transfer from Conservation Areas Capital Reserve 720, , , % 787,913 TOTAL CAPITAL FUNDING - CONSERVATION AREAS $720,000 $397,437 $880, % $1,041,541 Section 7

10 Ten Year Total Expenditures and Forecast Total and Expenditures Total Operating - Watershed Mgmt & Supp. Serv. $14,930,218 $15,633,575 $16,069,460 $16,561,269 $17,025,612 $17,588,555 $18,102,190 $18,710,743 $19,202,722 $19,795,065 Total Operating - Conservation Areas 10,822,413 11,145,000 11,696,000 12,275,000 12,883,000 13,521,000 13,924,000 14,339,000 14,767,000 15,207,000 Total Operating 25,752,631 26,778,575 27,765,460 28,836,269 29,908,612 31,109,555 32,026,190 33,049,743 33,969,723 35,002,066 Total Capital - Watershed Mgmt & Support Serv. 6,783,000 3,479,000 3,472,000 2,430,000 2,886,000 3,019,000 3,015,000 2,985,000 3,044,000 3,045,000 Total Capital - Conservation Areas 720,000 1,651,000 5,256,000 5,352,000 1,893,000 11,036,000 1,145,000 1,108, ,000 2,304,000 Total Capital 7,503,000 5,130,000 8,728,000 7,782,000 4,779,000 14,055,000 4,160,000 4,093,000 3,636,000 5,349,000 TOTAL $33,255,631 $31,908,575 $36,493,460 $36,618,269 $34,687,612 $45,164,556 $36,186,190 $37,142,743 $37,605,722 $40,351,065 Municipal - Total 9,159,087 9,808,595 10,182,780 11,068,989 11,731,332 12,223,275 12,616,810 13,021,563 13,380,642 13,806,285 Percentage Increase - Total Muncipal 5.3% 7.1% 3.8% 8.7% 6.0% 4.2% 3.2% 3.2% 2.8% 3.2% Assessment Growth 1.7% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% Percentage Increase After Assessment Growth 3.6% 5.6% 2.3% 7.2% 4.5% 2.7% 1.7% 1.7% 1.3% 1.7% Section 8

11 Ten Year Total Watershed Management & Support Services Forecast Total Expenditures - Watershed Management & Supp. Serv Salaries & Benefits $ 11,090,991 $ 11,472,991 $ 11,932,991 $ 12,308,991 $ 12,696,991 $ 13,162,991 $ 13,575,991 $ 14,068,991 $ 14,508,991 $ 15,031,991 Materials & Supplies 1,165,748 1,189,048 1,212,848 1,237,148 1,261,848 1,287,048 1,312,748 1,339,048 1,365,848 1,393,148 Purchased Services 1,795,174 1,846,174 1,898,174 1,951,174 2,005,174 2,060,174 2,117,174 2,175,174 2,234,174 2,294,174 Financial and Rent 95,200 97,100 99, , , , , , , ,699 Debt Financing Charges 469, , , , , , , , , ,753 Strategic Initiatives - 200,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 Internal Chargebacks 106, , , , , , , , , ,300 Transfers to Reserves 207, , , , , , , , , ,000 Total Operating Expenditures 14,930,218 15,633,575 16,069,460 16,561,269 17,025,612 17,588,555 18,102,190 18,710,743 19,202,722 19,795,065 Total Capital Expenditures 6,783,000 3,479,000 3,472,000 2,430,000 2,886,000 3,019,000 3,015,000 2,985,000 3,044,000 3,045,000 TOTAL EXPENDITURES - WATERSHED MANAGEMENT & SUPP. SE$ 21,713,218 $ 19,112,575 $ 19,541,460 $ 18,991,269 $ 19,911,612 $ 20,607,555 $ 21,117,190 $ 21,695,743 $ 22,246,722 $ 22,840,065 Total - Watershed Management & Support Services User Fees $ 3,020,462 $ 3,080,900 $ 3,142,500 $ 3,230,400 $ 3,295,000 $ 3,360,900 $ 3,428,100 $ 3,571,700 $ 3,643,100 $ 3,746,000 Minister Natural Resources & Forestry - Operating and Capital 1,625,311 1,332,311 1,284, , , , , , , ,811 Municipal - Total Operating and Capital 9,159,087 9,808,595 10,182,780 11,068,989 11,731,332 12,223,275 12,616,810 13,021,563 13,380,642 13,806,285 Development fees received by Region of Halton 400, , , Other Grants and Program 3,510,612 2,042,469 2,074,969 2,108,069 2,141,869 2,176,369 2,211,569 2,247,469 2,284,069 2,321,369 Internal Chargebacks 987,246 1,280,300 1,305,400 1,331,000 1,357,100 1,458,700 1,487,400 1,517,700 1,548,600 1,580,100 Debt Financing 2,632, , , , , , , , , ,500 Conservation Halton Foundation 100, , , , , , , , , ,000 Transfer from Reserves - Motor Pool & Equipment, Building 263, , , , , , ,000 97, , ,000 Transfer from Reserves 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Transfer from Reserves 278, , , , , , , , , ,000 TOTAL FUNDING - WATERSHED MANAGEMENT & SUPPORT SERV $ 21,713,218 $ 19,112,575 $ 19,541,460 $ 18,991,269 $ 19,911,612 $ 20,607,555 $ 21,117,190 $ 21,695,743 $ 22,246,722 $ 22,840,065 Municipal - Total Operating and Capital (incl. Education) 9,159,087 9,808,595 10,182,780 11,068,989 11,731,332 12,223,275 12,616,810 13,021,563 13,380,642 13,806,285 Percentage Increase - Total Muncipal 5.3% 7.1% 3.8% 8.7% 6.0% 4.2% 3.2% 3.2% 2.8% 3.2% Assessment Growth 1.7% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% Percentage Increase After Assessment Growth 3.6% 5.6% 2.3% 7.2% 4.5% 2.7% 1.7% 1.7% 1.3% 1.7% Section 9

12 Ten Year Capital Watershed Management & Support Services Forecast Capital - Watershed Management and Support Services Expenditures Kelso Dam Major Repair Project $ 5,265,000 $ - $ - $ - $ - $ - $ - $ - Scotch Block Dam Major Repair Project** - 300,000 1,193, , Hilton Falls Dam Major Repair Project** - 236, , Mountsberg Dam Major Repair Project** Channels Major Repair Projects** - 1,260,000 60, , , , , , , ,000 Dams and Channels Maintenance Projects** 300, , ,000 65, , , , , , ,000 Subtotal Dams and Channels Major Maintenance 5,565,000 2,064,000 1,968, ,000 1,075,000 1,075,000 1,075,000 1,075,000 1,075,000 1,075,000 Capital Project Administration Chargeback ( FTE; FTE) 85, , , , , , , , , ,000 Flood Forecasting & Warning Program 110, , , , , , , , , ,000 Watershed Plan Implementation , , , , , , ,000 Natural Heritage System and Land Management - 50,000 50,000 50, , , , , , ,000 Forest Management - Emerald Ash Borer 400, , , , , , , , , ,000 Glenorchy, Clappison Woods & New Lands Capital Development ,000 50,000 50, , , , , ,000 Capital Projects - Conservation Halton Foundation Funded 100, , , , , , , , , ,000 Information Technology Infrastructure 80, , , , , , , , , ,000 Geographic Information System and Management 80,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 Integrated Watershed Management Planning 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 Watershed Integrated Database Management System 75, Facility Renovations - 50,000-50,000 50,000 50,000 50,000 50,000 50,000 Vechicle and Equipment Replacement 263, , , , , , ,000 97, , ,000 TOTAL CAPITAL EXPENDITURES - WATERSHED MGMT & SUPPORT SERVICES $ 6,783,000 $ 3,479,000 $ 3,472,000 $ 2,430,000 $ 2,886,000 $ 3,019,000 $ 3,015,000 $ 2,985,000 $ 3,044,000 $ 3,045,000 Capital - Ministry of Natural Resources & Forestry (Assumed Estimated 50% ** Projects; $ 1,325,000 $ 1,032,000 $ 984,000 $ 360,000 $ 537,500 $ 537,500 $ 537,500 $ 537,500 $ 537,500 $ 537,500 MNR Approval required) Municipal 562, , ,500 1,492,500 1,815,000 1,946,000 1,957,000 1,963,000 1,969,000 1,974,000 Development Fees Received by Region of Halton 400, , , Municipal Debt Financing - 50% of Dams and Channels Repair Projects 2,632, , , , , , , , , ,500 Transfer from Reserves 263, , , , , , ,000 97, , ,000 Other and Grants - Kelso Dam 1,500, Conservation Halton Foundation 100, , , , , , , , , ,000 TOTAL CAPITAL FUNDING - WATERSHED MANAGEMENT & SUPPORT SERVICES$ 6,783,000 $ 3,479,000 $ 3,472,000 $ 2,430,000 $ 2,886,000 $ 3,019,000 $ 3,015,000 $ 2,985,000 $ 3,044,000 $ 3,045,000 Municipal - Capital $ 562,500 $ 894,000 $ 951,500 $ 1,492,500 $ 1,815,000 $ 1,946,000 $ 1,957,000 $ 1,963,000 $ 1,969,000 $ 1,974,000 Percentage Increase - Capital Muncipal 93.0% 58.9% 6.4% 56.9% 21.6% 7.2% 0.6% 0.3% 0.3% 0.3% Assessment Growth 1.7% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% Percentage Increase After Assessment Growth 91.3% 57.4% 4.9% 55.4% 20.1% 5.7% -0.9% -1.2% -1.2% -1.2% Section 10

13 Ten Year Total Conservation Areas Forecast Total Conservation Areas Expenditures Salaries & Benefits $ 6,423,789 $ 6,612,789 $ 6,807,789 $ 7,008,789 $ 7,215,789 $ 7,429,789 $ 7,650,789 $ 7,878,789 $ 8,113,789 $ 8,355,789 Materials & Supplies 1,218,571 1,242,571 1,267,571 1,292,571 1,318,571 1,344,571 1,371,571 1,398,571 1,426,571 1,455,571 Purchased Services 1,723,462 1,757,462 1,792,462 1,828,462 1,865,462 1,902,462 1,940,462 1,979,462 2,019,462 2,059,462 Financial and Rent 252, , , , , , , , , ,000 Internal Chargebacks 973,200 1,142,700 1,165,600 1,188,900 1,212,700 1,312,000 1,338,300 1,365,200 1,392,600 1,420,600 Transfer to Reserves 231, , , , ,478 1,255,178 1,339,878 1,427,978 1,519,578 1,614,578 Total Operating Expenditures 10,822,413 11,145,000 11,696,000 12,275,000 12,883,000 13,521,000 13,924,000 14,339,000 14,767,000 15,207,000 Total Capital Expenditures 720,000 1,651,000 5,256,000 5,352,000 1,893,000 11,036,000 1,145,000 1,108, ,000 2,304,000 TOTAL EXPENDITURES - CONSERVATION AREAS $ 11,542,413 $ 12,796,000 $ 16,952,000 $ 17,627,000 $ 14,776,000 $ 24,557,000 $ 15,069,000 $ 15,447,000 $ 15,359,000 $ 17,511,000 Total Conservation Area User Fees $ 10,630,059 $ 10,949,000 $ 11,496,000 $ 12,071,000 $ 12,675,000 $ 13,309,000 $ 13,708,000 $ 14,119,000 $ 14,543,000 $ 14,979,000 Municipal funding - Conservation Areas Education 192, , , , , , , , , ,000 Development Fees Received by Region of Halton - 351,000 3,800,000 4,250,000 1,025,000 7,682, , ,000 10,000 33,000 Conservation Halton Foundation and Other Grant , ,000-2,500, Transfer from Reserves for Facilty, Infrastructure, Vehicles & Equip. 720,000 1,300, , , , , , , ,000 2,271, TOTAL FUNDING - CONSERVATION AREAS $ 11,542,413 $ 12,796,000 $ 16,952,000 $ 17,627,000 $ 14,776,000 $ 24,557,000 $ 15,069,000 $ 15,447,000 $ 15,359,000 $ 17,511,000 Section 11

14 Ten Year Capital Conservation Areas Forecast Capital Expenditures-Conservation Areas Vehicle and equipment replacement 65, , ,000-70,000-75, ,000 - Kelso/Glen Eden Water Distribution and Collection 3,800,000 Kelso Recreation and Trail Centre 4,500,000 1,000,000 Crawford Lake Visitor Centre and Education Facility 10,000,000 Facility and Infrastructure Major Maintenance 205, , , , , , , , ,000 Skihill Improvements 400, , , , , , , , ,000 2,000,000 Park Master Plans 50,000 50,000 50,000 50,000 50,000 Capital Project Administration Chargeback ( FTE) 50,000 51,000 52,000 53,000 54,000 55,000 56,000 57,000 58,000 Information Technology Infrastructure 50, , , , , ,000 10,000 33, Total Conservation Areas Capital Expenditures 720,000 1,651,000 5,256,000 5,352,000 1,893,000 11,036,000 1,145,000 1,108, ,000 2,304,000 Capital - Conservation Area Development Fees Received by Region of Halton - 351,000 3,800,000 4,250,000 1,025,000 7,682, , ,000 10,000 33,000 Conservation Halton Foundation and Other Grant , ,000-2,500, Transfer from Reserves for Facilty, Infrastructure, Vehicles & Equip. 720,000 1,300, , , , , , , ,000 2,271,000 Total Conservation Area Capital 720,000 1,651,000 5,256,000 5,352,000 1,893,000 11,036,000 1,145,000 1,108, ,000 2,304,000 Conservation Area Capital Projects Reserve Continuity Reserve Balance, beginning of year $ 1,887,900 $ 1,399,291 $ 231,769 $ 176,347 $ 13,625 $ 144,103 $ 545,281 $ 905,159 $ 1,452,137 $ 2,389,715 Transfer to Reserves - Conservation Area Operating Surplus 231, , , , ,478 1,255,178 1,339,878 1,427,978 1,519,578 1,614,578 Capital Projects funded partly by Development Fees - Region of Halton (50,000) (351,000) (3,800,000) (4,500,000) (1,025,000) (10,182,000) (165,000) (227,000) (10,000) (33,000) Development Fees received through Region of Halton 50, ,000 3,800,000 4,250,000 1,025,000 7,682, , ,000 10,000 33,000 Conservation Halton Foundation and Other Grant - 500, ,000 2,500,000 - Transfer from Reserve - Facility, Infrastructure, Vehicle & Eqpt Capital Expenditures (720,000) (1,300,000) (956,000) (852,000) (868,000) (854,000) (980,000) (881,000) (582,000) (2,271,000) Reserve Balance, end of year (minimum amount $150,000) $ 1,399,291 $ 231,769 $ 176,347 $ 13,625 $ 144,103 $ 545,281 $ 905,159 $ 1,452,137 $ 2,389,715 $ 1,733,293 Section 12

15 Reserve Continuity Summary Reserve Projected Balance WATERSHED MANAGEMENT & SUPPORT SERVICES B Vehicle, Equipment and Building Reserve $ 865,900 $ 702,900 $ 622,900 $ 547,900 $ 472,900 $ 401,900 $ 328,900 $ 295,900 $ 323,900 $ 298,900 $ 302,900 Watershed Mgmt - Capital (Municipal) 144, , , , , , , , , , ,875 Watershed Mgmt - Capital (Self Gen.) 102, , , , , , , , , , ,311 Watershed Mgmt - Revenue Stabilization 263, , , , , , , , , , ,035 Debt Financing Charges 133, , , , , , , , , , ,991 Legal 209, , , , , , , , , , ,791 Community Outreach 214, , , , , , , ,111 94,111 79,111 64,111 Land and Property Management 127, , , , , , , , , , ,000 Partnership Projects - 82,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000 CONSERVATION AREAS Conservation Area - Revenue Stabilization 640, , , , , , , , , , ,168 Conservation Area - Capital Projects 1,887,900 1,399, , ,347 13, , , ,159 1,452,137 2,389,715 1,733,293 TOTAL RESERVES $ 4,589,082 $ 4,029,473 $ 2,791,951 $ 2,671,529 $ 2,443,807 $ 2,513,285 $ 2,851,463 $ 3,188,341 $ 3,773,319 $ 4,695,897 $ 4,053,475 Section 13

16 Municipal Apportionments Municipality 2017 Increase /Decr. % 2017 Apportionment % 2017 Municipal Operating $ 2017 Municipal Capital $ 2017 Total Municipal $ 2016 Total Municipal $ 2017 Municipal Increase /Decrease Halton 5.4% % $7,932,827 $519,068 $8,451,896 $8,021,307 $430,589 Peel 4.1% % $452,507 $29,609 $482,116 $463,001 $19,115 Hamilton 5.4% % $189,624 $12,408 $202,031 $191,612 $10,419 Puslinch 5.3% % $21,629 $1,415 $23,044 $21,875 $1,169 Total 5.3% 100% $8,596,587 $562,500 $9,159,087 $8,697,795 $461,292 Section 14

17 2017 Budget Municipal Major Drivers 2017 Municipal increase of 5.3% $461,000 Major Drivers: Staff - Compensation and benefit increases $179,000 Debt Financing Charges 11,000 Capital Projects 271, Indicators: Compensation Inflation Adjustment 1.5% Inflation 1.5% Watershed Assessment Growth (estimate) 1.7% Section 15