INFORMATION PACKAGE External Agencies funded under BOARDS AND AGENCIES
Budget Year 2017
Data provided in this document is accurate as of December 12, 2016
Summary of Preliminary Operating Budget for 2017 for Boards and Agencies
#
Board/Agency
2017 NET Preliminary Budget $
Adjust: Capital Financing
2017 Total Preliminary Budget
City Boards: 1
Hamilton Police Services
2
Hamilton Public Library Sub Total
157,433,890
716,200
158,150,090
29,338,870
136,950
29,475,820
186,772,760
853,150
187,625,910
Conservation Authorities: 3
Niagara Peninsula Conservation Authority
549,060
549,060
4
Grand River Conservation Authority
263,510
263,510
5
Conservation Halton
202,030
202,030
6
Hamilton Conservation Authority
3,851,470
3,851,470
7
HCA: Westfield Heritage Village
462,500
462,500
5,328,570
5,328,570
8 Royal Botanical Gardens
616,090
616,090
9 Farmers' Market
109,440
109,440
10 Hamilton Beach Rescue Unit
130,390
130,390
855,920
855,920
6,363,990
6,363,990
Sub Total Grants:
Sub Total Other Items: 11 MPAC
Total for All Boards and Agencies
199,321,240
853,150
200,174,390 Date: Dec 12, 2016
NOTE: 1. Preliminary budget request as at December 12, 2016, subject to change per approval of respective Boards. 2. Police Budget is estimated pending finalization by the Police Services Board.
SUMMARY NET BUDGET INFORMATION: Years 2016 and 2017 Board/Agency Conservation Authorities Other Boards & Agencies Discretionary Grants Hamilton Public Library Hamilton Police Services MPAC Total for Above Items excluding Capital Financing
2016 Budget Net
2017 NET Preliminary Budget $
Change $
Change %
5,225,190
5,328,570
103,380
2.0%
840,790
855,920
15,130
1.8%
28,815,880
29,338,870
522,990
1.8%
152,533,970
157,433,890
4,899,920
3.2%
6,251,460
6,363,990
112,530
1.8%
193,667,290
199,321,240
5,653,950
2.9%
City of Hamilton BOARDS AND AGENCIES BUDGET INFORMATION: 10 Year Summary - 2008 to 2017 Board/Agency
2008
2009
2010
2011
2012
2013
2014
2015
2017 Preliminary Budget $
2016
Conservation Authorities Niagara Peninsula Conservation Authority: Requested Levy Gross % Increase YoY - Requested Levy
489,060 32.1%
501,722 2.6%
507,194 1.1%
513,473 1.2%
513,470 0.0%
513,470 0.0%
513,473 0.0%
534,010 4.0%
539,350 1.0%
549,060 1.8%
Transfers from Reserves (Capital)
-75,000
-77,550
-65,000
-3,000
0
0
0
0
0
0
Niagara Peninsula Conservation Authority Net
414,060
424,172
442,194
510,473
513,470
513,470
513,473
534,010
539,350
549,060
Grand River Conservation Authority
202,120
212,424
228,235
231,919
238,160
243,115
246,875
251,180
256,500
263,510
% Increase YoY
5.4%
Conservation Halton % Increase YoY Hamilton Conservation Authority % Increase YoY - Requested Levy
5.1%
7.4%
140,660 9.8%
155,968 10.9%
3,363,450 7.5%
1.6% 161,126
3.3%
3,430,719 2.0%
2.7% 170,683
5.9%
3,499,333 2.0%
2.1% 179,660
5.3%
3,569,320 2.0%
1.5% 183,700
2.2%
3,569,320 0.0%
1.7% 176,398
-4.0%
3,569,320 0.0%
2.1% 183,030
3.8%
3,569,320 0.0%
2.7% 191,610
4.7%
3,638,400 1.9%
202,030 5.4%
3,674,630 1.0%
3,851,470 4.8%
HCA: Westfield Heritage Village Westfield Heritage Village % Increase YoY
Total for All Conservation Authorities - Gross
498,430 -15.2%
7.5%
546,554 2.0%
546,554 0.0%
546,554 0.0%
546,554 0.0%
546,600 0.0%
557,500 2.0%
563,100 1.0%
462,500 -17.9%
4,618,720
4,759,116
4,877,442
5,028,949
5,047,164
5,056,159
5,052,666
5,164,120
5,225,190
5,328,570
325,460
140,396
118,326
151,507
18,215
8,995
-3,493
111,460
61,076
103,380
$ Gross Increase YoY % Gross Increase YoY
535,833
7.6%
3.0%
2.5%
3.1%
1
0.4%
0.2%
-0.1%
2.2%
1.2%
2.0%
City of Hamilton BOARDS AND AGENCIES BUDGET INFORMATION: 10 Year Summary - 2008 to 2017 Board/Agency
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017 Preliminary Budget $
Grants - Other Boards and Agencies Hamilton Beach Rescue Unit Inc. - Net % Increase YoY
122,000 0.0%
124,440 2.0%
126,805 1.9%
126,810 0.0%
126,810 0.0%
Hamilton Farmers' Market - Net
0.0% 235,400
Royal Botanical Gardens - Net
580,930 1.1%
Total - All Grants
587,456 1.1%
599,206 2.0%
599,206 0.0%
189,660
599,206 0.0%
126,810 0.0%
-19.4%
% Increase YoY
% Increase YoY
126,810
0.0% 171,251
-9.7%
599,206 0.0%
126,810 1.0% 167,699 -2.1%
599,206 0.0%
128,080 1.8% 107,510 -35.9%
599,210 0.0%
130,390
109,440 1.8%
605,200 1.0%
616,090 1.8%
702,930
711,896
726,011
726,016
961,416
915,676
897,267
893,719
840,790
855,920
$ Gross increase YoY
9,740
8,966
14,115
5
235,400
-45,740
-18,409
-3,548
-52,929
15,130
% Gross increase YoY
1.41%
1.28%
1.98%
0.00%
32.42%
-4.76%
-2.01%
-0.40%
-5.92%
1.80%
25,199,753
26,619,325
27,373,725
27,748,045
28,038,610
28,038,610
28,082,440
28,513,728
28,815,880
29,338,870
City Boards: Hamilton Public Library - Operating Funding - excluding Capital Financing % Increase YoY Hamilton Police Services - excluding Capital Financing % Increase YoY
Total - City Boards
$ increase YoY % increase YoY
3.3%
5.6%
114,887,620 4.7%
2.8%
118,787,530 3.4%
1.4%
123,520,548 4.0%
1.0%
130,296,390 5.5%
0.0%
134,712,320 3.4%
0.2%
139,701,970 3.7%
1.5%
143,880,235 3.0%
1.3%
148,376,580 3.1%
1.8%
152,533,970 2.8%
157,433,890 3.2%
140,087,373
145,406,855
150,894,273
158,044,435
162,750,930
167,740,580
171,962,675
176,890,309
181,349,850
186,772,760
6,004,823
5,319,482
5,487,418
7,150,162
4,706,495
4,989,650
4,222,095
4,927,634
4,459,541
5,422,910
4.48%
3.80%
3.77%
4.74%
2.98%
3.07%
2.52%
2.87%
2.52%
2.99%
2
City of Hamilton BOARDS AND AGENCIES BUDGET INFORMATION: 10 Year Summary - 2008 to 2017 Board/Agency
2008
2009
2010
2011
2012
2013
2014
2015
2016
5,444,600
5,640,461
5,798,128
6,005,468
6,205,585
6,216,497
6,215,951
6,227,680
6,251,460
2017 Preliminary Budget $
OTHER Payments MPAC % Increase YoY
Total - OTHER Payments
3.4%
3.6%
2.8%
3.6%
3.3%
0.2%
0.0%
0.2%
0.4%
6,363,990 1.8%
5,444,600
5,640,461
5,798,128
6,005,468
6,205,585
6,216,497
6,215,951
6,227,680
6,251,460
6,363,990
$ increase YoY
181,263
195,861
157,667
207,340
200,117
10,912
-546
11,729
23,780
112,530
% increase YoY
3.44%
3.60%
2.80%
3.58%
3.33%
0.18%
-0.01%
0.19%
0.38%
1.80%
150,853,623
156,518,328
162,295,854
169,804,868
174,965,095
179,928,912
184,128,559
189,175,828
193,667,290
199,321,240
6,521,286
5,664,705
5,777,526
7,509,014
5,160,227
4,963,817
4,199,647
5,047,269
4,491,462
5,653,950
4.52%
3.76%
3.69%
4.63%
3.04%
2.84%
2.33%
2.74%
2.37%
2.92%
GROSS Expenditure Totals All Grants & Boards & Agencies Excluding Capital Financing
$ increase YoY % increase YoY
3
Conservation Authorities
Conservation Authorities
Conservation Authorities - Apportionment for City of Hamilton SUMMARY NET BUDGET INFORMATION: Years 2016 and 2017
Board/Agency
2016 Budget Net
2017 NET Preliminary Budget $
Change $
Change %
Niagara Peninsula Conservation Authority
539,350
549,060
9,710
1.8%
Grand River Conservation Authority
256,500
263,510
7,010
2.7%
Conservation Halton
191,610
202,030
10,420
5.4%
Hamilton Conservation Authority
3,674,630
3,851,470
176,840
4.8%
HCA: Westfield Heritage Village
563,100
462,500
-100,600
-17.9%
5,225,190
5,328,570
103,380
2.0%
Total for ALL Conservation Authorities Notes:
1
The municipal levy apportionment for the City of Hamilton for each Conservation Authority is based on the a local agreement formula reached with the other municipal jurisdictions and approved by City Council in 2004 per report FCS04033.
2 The levy assessment in relation to Niagara Peninsula Conservation Authority is currently under appeal since 2015. 3 Final levy amounts subject to approval by respective boards. Per GIC Report 14-007 dated March 19, 2014 the City transferred the lands related to Westfiled Village to the Hamilton Conservation Authority with the intent that it would continue to support the operational costs related to that facility. In years prior to 2017, the Westfield budget included a management fee of approximately $108K per annum that was paid to HCA. 4 Effective 2017, the management fee previously paid to HCA is now included directly in the HCA budget in order to simplify the administrative processes. Hence, the % budget change for 2017 for HCA shows at 4.8% increase and a reduction of -17.9% for Westfield Heritage Village; if the 2017 budget for both entities is adjusted for this management fee change, the net increase for both for 2017 is 1.8%, which is consistent per City guidelines
Niagara Peninsula Conservation Authority (NPCA)
Niagara
NIAGARA PENINSULA CONSERVATION AUTHORITY (NPCA) BUDGET INFORMATION: 10 Year Summary
Description
APPEAL PERIOD 2017 NET Preliminary Budget $
2008
2009
2010
2011
2012
2013
2014
2015
2016
Operating Levy
199,248
208,493
210,265
212,667
229,958
230,396
220,443
229,261
231,550
235,720
Capital Levy
289,812
293,229
296,929
300,806
283,512
283,074
293,030
304,749
307,800
313,340
Total Requested Levy
489,060
501,722
507,194
513,473
513,470
513,470
513,473
534,010
539,350
549,060
32.1%
2.6%
1.1%
1.2%
0.0%
0.0%
0.0%
4.0%
1.0%
1.8%
% Increase Year over Year
2015 Onwards the Budget is an estimate only; please refer note # 4.
2015 Onwards the Budget is an estimate only; please refer note # 4.
Funding from City Reserves ($75,000)
($77,550)
($65,000)
($3,000)
$0
$0
$0
$0
$0
$0
City-NET Budgeted Levy
414,060
424,172
442,194
510,473
513,470
513,470
513,473
534,010
539,350
549,060
$ Increase Year over Year
155,950
10,112
18,022
68,279
2,997
0
3
20,537
5,340
9,710
60.4%
2.4%
4.2%
15.4%
0.6%
0.0%
0.0%
4.0%
1.0%
1.8%
% Increase Year over Year Notes:
1. Commencing 2003, the capital development and operations of conservation areas are levied directly to the municipality in which the conservation is located. For Hamilton, these special levies mostly pertain to the Binbrook Conservation Area and the Binbrook Tract. 2. During the period 2004-2014, NPCA apportioned the levy between the supporting municipalities based on a Modified Local Agreement between the parties involved. This agreement was designed to address apparent inequities that would arise after the Hamilton amalgamation if the levy was apportioned simplistically based on a proposed interpretation of Section 2(1)(b) of Ontario Regulation 670/00, made under the Conservation Authorities Act , that would calculate the City’s levy apportionment based on assessment values of all properties found in the new City and not just assessment values of those properties found only in the NPCA watershed. 3. In 2015, NPCA abrogated the funding formula used in previous years and imposed the 2015 levy based on its own interpretation of Section 2(1)(b) of Ontario Regulation 670/00, made under the Conservation Authorities Act , in the amount of $1,317,020. The City has filed an appeal with the Mining and Lands Commissioner protesting the 2015 levy apportionment; however, the City has paid the imposed levy amount for the year under protest. The matter is still pending before the Commissioner.
NIAGARA PENINSULA CONSERVATION AUTHORITY (NPCA) BUDGET INFORMATION: 10 Year Summary
APPEAL PERIOD
4. For 2016, the NPCA has maintained the levy at the 2015 level of $1,317,020. At the City's General Issues Committee of December 2, 2015, a motion was approved to file an appeal of the 2016 levy apportionment with the Mining and Lands Commissioner. While the City believes that the 2016 budget for the NPCA levy should be requested at the level per the original formula + 1% adjustment for 2016 based on Council's guidelines, it is nonetheless acknowledged that s. 27(11) of the Conservation Authorities Act requires the appealing municipality to comply with the levy pending the determination of the appeal. The actual budget for Niagara Peninsula Conservation Authority for 2016 may change based on the outcome of the appeal pending. 5. For 2017, the NPCA has levied an amount of $1,335,465 as due from the City of Hamilton. On Nov 24, 2016, the City has filed an appeal in this matter with the Office of the Mining and Lands Commissoner. The City budget for NPCA is based on the 2016 budget + 1.8% per City budget guidelines.
Grand River Conservation Authority (GRCA)
Grand River
GRAND RIVER CONSERVATION AUTHORITY BUDGET INFORMATION: 10 Year Summary
Description
Levy $ Increase Year over Year
% Increase Year over Year
2017 NET Preliminary Budget $
2008
2009
2010
2011
2012
2013
2014
2015
202,120
212,424
228,235
231,919
238,160
243,115
246,875
251,180
256,500
263,510
10,380
10,304
15,811
3,684
6,241
4,955
3,760
4,305
5,320
7,010
5.4%
5.1%
7.4%
1.6%
2.7%
2.1%
1.5%
1.7%
2.1%
2.7%
2016
GENERAL LEVY % APPORTIONMENT* (Includes Special Levies) Municipality
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
County of Brant
3.2%
3.2%
3.3%
3.4%
3.2%
3.2%
3.1%
3.1%
3.1%
3.2%
City of Brantford
8.8%
8.9%
8.9%
9.2%
8.8%
8.8%
8.3%
8.3%
8.2%
8.1%
County of Haldimand
1.9%
1.9%
1.9%
1.9%
1.8%
1.8%
1.7%
1.7%
1.7%
1.7%
County of Norfolk
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
0.3%
Region of Halton
1.7%
1.8%
1.9%
2.1%
2.1%
2.2%
2.3%
2.4%
2.4%
2.5%
City of Hamilton
2.5%
2.5%
2.5%
2.5%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
Oxford County
0.9%
0.9%
0.9%
0.9%
0.9%
0.9%
0.9%
0.9%
0.9%
0.9%
56.9%
56.8%
56.4%
58.0%
56.5%
56.7%
57.0%
56.9%
57.0%
57.0%
2.9%
2.8%
2.8%
2.9%
2.8%
2.8%
2.8%
2.8%
2.8%
2.8%
14.7%
14.7%
14.8%
15.2%
14.6%
14.7%
14.8%
14.9%
14.9%
14.9%
Other
6.3%
6.2%
6.3%
3.6%
6.6%
6.2%
6.4%
6.3%
6.3%
6.3%
Total
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Region of Waterloo Township of Centre Wellington City of Guelph
Grand River Conservation Authority Report number:
GM-09-16-112
Date:
September 23, 2016
To:
Members of the Grand River Conservation Authority
Subject:
Budget 2017 (Draft #1)
Recommendation: THAT Report GM-09-16-112 - Budget 2017 (Draft #1) be received as information.
Summary: Summarized below is the first draft of the 2017 Budget which shows breakeven results. Overall the 2017 Budget includes $29,396,873 in expenditures (Budget 2016: $ 31,007,391) and General Municipal Levy is budgeted to increase by $266,000 (or 2.5%). The budget outlines revenue and expenses for current GRCA Programs which have been categorized as:
Operating Capital Special projects
GRCA programs are funded by:
Municipal General Levy Other Municipal Funding (by special agreements) Provincial and Federal Grants Self Generated Revenue Funding from Reserves
2017
2016
Incr/(decr)
Operating Expenses
$24,408,473
$24,368,901
$39,582
Capital Expenses
$ 2,580,400
$ 2,672,000
($91,600)
Special Projects
$ 2,408,000
$ 3,966,500
($1,558,500)
Total
$29,396,873
$31,007,391
($1,610,518)
EXPENDITURES
85
Operating & Capital Highlights: (a) Actions incorporated into the five year forecast presented at the July 22nd General meeting to reduce the 2017 budgeted levy increase were as follows: $ 50,000 Flood Control Operating expenses decreased $ 50,000 Head Office Major Repair expenses decreased $ 25,000 Corporate Services printing expenses decreased $ 25,000 Corporate Services Postage & Office Supplies expenses decreased $ 15,000 Communication expenses decreased $ 30,000 Forestry Management expenses decreased $100,000 2016 surplus carry forward $ 50,000 Allocate interest income from reserves to operations reserves $ 50,000 Planning Revenue increased (b) This draft of the budget includes the following significant changes since the July 22nd General board meeting:
$50,000 General Municipal Capital Levy increased ($50,000) Funding from Gauge reserve decreased
($75,000) Residential Tenancy Revenue decreased $25,000 Residential Tenancy Property Taxes decreased $50,000 Residential Tenancy Repairs & Maintenance expenses decreased
$150,000 Conservation Area Fee Revenue increased ($150,000) Remove Transfer from Conservation Area reserve
(c) The 2017 Budget indicates that a $266,000 (or 2.5%) increase in Municipal General Levy is required to breakeven which represents an increase of $216,000 to operating levy and a $50,000 increase to capital levy. Special Projects Highlights: (a) Special projects are breakeven activities that do not rely on Municipal General Levy for funding. (b) This draft of the budget only includes items that are highly likely to be undertaken and a cost can be estimated. At present, the budget includes $2,408,000 in spending. By the time the 2017 budget is finalized special project spending, along with matching revenue, is expected to increase substantially as projects are approved. (c) The budget includes $400,000 related to managing an emerald ash borer (EAB) infestation. Cost estimates are subject to change given: a) further inventory information, b) the unpredictability of the rate at which the infestation will occur, c) changes in how hazard tree management will be undertaken (i.e. simple vs. complex tree removal), d) strategic decisions on which trees need to be removed, and e) decisions related to replacement plantings and restoration. The forecast assumes that
86
reserves will be used to fund infestation expenses. Staff will request approval from the Ministry of Natural Resources and Forestry (MNRF) to use the Land Sale Proceeds reserve. At present, the overall forecast cost to manage EAB is approximately $5.8 million. The timing of these expenses is difficult to forecast. (d) The special projects budget includes the FWR Dickson nature trail and boardwalk rehabilitation for $187,000 with a $93,500 grant approved under the Canada 150 Infrastructure Program and the balance to be funded by the foundation. (e) The special projects that are reoccurring annually are: $ 800,000
Rural Water Quality Capital Grants
$ 50,000
Costs related to future land dispositions
$ 40,000
Trees for Guelph
$ 26,000
Brant/Brantford Children’s Water Festival
$ 15,000
Haldimand Children’s Water Festival
$ 25,000
Species at Risk
$ 20,000
Water Management Plan
$ 35,000
Mill Creek Rangers
$ 835,000
Source Protection Program
$ 400,000
Emerald Ash Borer (see above)
(f) Source Protection Program funding is forecast to continue. The province has not guaranteed funding for future years but neither has it announced an end to program funding. Funding to March 2017 was secured. Reserves: For 2017 reserves are budgeted to decrease by $169,400. The use of reserves is integral to GRCA operations. GRCA will set aside certain funds to reserves (i.e. Land Sale Proceeds, Hydro Revenue, Interest Earned on Reserves) in order to be able to draw upon these reserves at a later date in accordance with either legislative mandates and/or board approved uses. Reserves can be viewed as:
Planned savings set aside for future capital projects (facilitates smoothing of funding requests) Surpluses set aside for future operating or capital needs (i.e. Park Revenue in excess of budget) Contingency funds for unplanned expenditures Legislated amounts to be used in accordance with regulations (i.e. land sale proceeds)
87
General Municipal Levy Allocation: The General Municipal Levy is allocated to participating municipalities based on Modified Current Value Assessment, which the Ministry of Natural Resources and Forestry (MNRF) provides to Conservation Authorities each year. The methodology for calculating the Modified Current Value Assessment and distributing the levy is outlined in Ontario Regulation 670/00, which is appended to this report. Grand River Conservation Authority recently received the Modified Current Value Assessment figures to be used for the 2017 Budget (2015 assessment) and the resulting allocation of the proposed 2017 General Levy is attached. The following statements, schedules and correspondence are attached:
Budget 2017 Timetable Summary Reserve Report – Budget 2017 Preliminary Budget 2017 Ontario Regulation 670/00 Summary of Municipal Levy – Budget 2017 Correspondence from Municipalities providing budget directives (Guelph and Halton)
Significant Outstanding Budget Items (a) Year 2017 Carry forward Adjustments 2016 Surplus carry forward This draft of the 2017 Budget assumes a $100,000 surplus carry over from year 2016. The September 2016 Financial Summary for yearend 2016 is forecasting a $131,400 surplus. The actual “2016 Net Surplus” will be incorporated into the 2017 budget. 2016 Special Projects carry forward Any projects commenced in year 2016 and not completed by December 31, 2016 will be carried forward and added to Budget 2017 (i.e. both the funding and the expense will be added to Budget 2017 and therefore these adjustments will have no impact on the breakeven net result). Major Water Control Structures Capital Expenditures A final determination of the amount of spending to be added to the Budget 2017 (i.e. unspent amounts from 2016) will be made, including use of the “capital reserve” for 2017 projects. (b) Property Rentals Final budget amounts will be adjusted as events related to wind down of the residential tenancy program are updated. (c) Parkhill Hydro Generating Station GRCA was approved under the FIT program to enter into a contract with Independent Electricity System Operator (IESO) to provide hydro via a turbine at Parkhill dam. Estimated 2017 spending will be incorporated into the final budget including a funding strategy.
88
(d) Conservation Area Revenue and Expenses Final revenue, operating and capital expense figures to be determined following yearend actuals review. (e) Source Protection Program The current budget draft includes $835,000 in spending. The final version of the GRCA 2017 Budget will be adjusted to reflect any anticipated funding approvals. Expenses for this program are funded 100% by a provincial grant. MAJOR ASSUMPTIONS:
1. MNRF Operating Grants to remain at $871,073 annually. 2. Permit Fees, Planning Fees and Solicitor Inquiries increased by 3% plus $50,000. 3. Property Development expenditures $50,000 annually. 4. Property Rental Income reduced by $75,000 to reflect the wind down of residential tenancy program. 5. Watershed studies funded 50% by GRCA and 50% via special levy are budgeted for $100,000 annually. 6. Insurance expenses increased 3%. 7. Property Tax expenses increased 3%. 8. Other Operating expenses increased 2%. 9. Compensation and benefit increased 3.0%. 10. Motor Pool charge out rates held constant. 11. Computer charge out rates held constant.
89
Financial Implications: Budgeted spending for 2017 is $29,396,873 including transfers to reserves. The budget includes a municipal general levy increase of 2.5%.
Other department considerations: None. Prepared by:
Approved by:
Sonja Radoja
Keith Murch
Manager of Corporate Services
Assistant CAO/Secretary-Treasurer
90
Grand River Conservation Authority Budget 2017 Timetable September 23, 2016
Five Year Plan • Jul 22,2016: • Oct-Dec/16:
Draft to General Meeting Communication to Municipalities (staff meetings as required)
2017 Budget • • • • • • •
Sept 23, 2016: Nov 25, 2016: Dec 16, 2016: Nov/16-Feb/17: Jan 25, 2017: Jan 27, 2017: Feb 24, 2017:
Draft #1 to General Meeting Draft #2 to General Meeting (if necessary) Status Report to General Meeting (if necessary) Presentations to municipal councils Draft #3 to General Meeting Official Notice to Municipalities of Budget Vote Board Approval, Final 2017 Budget & Levy
91
Grand River Conservation Authority
SUMMARY RESERVE REPORT - BUDGET 2017 General Meeting - September 23, 2016
DETAILS OF "NET CHANGE" BUDGET 2017 BUDGET 2016 Type A: GRCA Controlled Operating Reserves (designated) Property & Liability Insurance Building & Mechanical Equipment Small Office Equipment Personnel Forestry Computer Replacement Cottage Operations Grand River Watershed Management Plan Planning Enforcement Property Rental Expenses Watershed Restoration Motor Pool Equipment Motor Pool Insurance Capital Reserves (designated) Water Control Structures Cambridge Desiltation Pond Completion of Capital Projects Conservation Areas-Capital Conservation Areas-Stabilization Gauges Capital Reserves (undesignated) General Capital Reserve Total Type A: GRCA Controlled
270,232 1,120,460 7,498 972,306 513,387 1,112,742 351,832 100,503 410,237 76,684 84,176 1,671,591 79,350
2,157,021 9,040 97,000 1,090,000 1,601,183 298,154
INCREASE/(DECREASE)
Transfer In
2016 VS 2017
(Interest Income)
"NET CHANGE"
Transfer In
BUDGET 2017
Transfer Out
Description of Transfer
0 0 500 (15,000) 10,000 (144,000) 7,000 1,000 8,000 1,000 1,000 22,600
500 (15,000) OUT-OMERS funding,Sick Leave,Vacation Accrual 10,000 22,000 7,000 1,000 8,000 1,000 1,000 37,000
1,189,000
(1,355,000) IN-Chargebacks; OUT-Operating/Capital costs
1,174,000
(1,188,400) IN-Chargebacks;OUT-Operating/Capital costs
0
44,000 (500)
44,000 500
(1,000) OUT-Cambrige Desiltation Pond costs (30,000) OUT-Upper Grand Restoration costs
(30,000)
150,000
150,000
IN-Reserve for Water Treatment Equipment & Pools
270,232 1,120,460 7,998 957,306 523,387 968,742 358,832 101,503 418,237 77,684 85,176 1,694,191 79,350
2,201,021 8,540 67,000 1,240,000 1,656,183 248,154
(50,000)
55,000 0
545,376
13,000
13,000
12,568,772
73,600
200,000
2,513,000
4,000
5,000 141,500
135,000
(1,000) OUT-Gravel Pit License & Gravel Rehabilitation (527,000) IN-$135K Hydro Revenue; OUT-$50K Development Costs. $50K Septic Systems,$27K GRWMP
313,001 5,833,248 0 0 20,227 67,732 32,060 7,710 25,515
150,000
135,000
(528,000)
6,299,491
$350,000
$2,648,000
($3,167,400)
$18,941,863
55,000
(50,000) OUT-Gauge Expenses
558,376 (2,639,400)
12,642,372
Type B: Reserves with Outside Control With MNR Interest (Capital Reserves)
Gravel Land Sale Proceeds Reserve
App's Nature Centre Laurel Creek Nature Centre Guelph Lake Nature Centre Taquanyah Nature Centre Shade's Mills Nature Centre
309,001 6,083,748 0 0 19,727 66,732 31,060 7,210 25,015
Total Type B: Outside Control
6,542,491
With School Board Interest (Operating Reserves)
TOTAL
$19,111,263
(250,500)
500 1,000 1,000 500 500 (243,000)
(169,400)
500 1,000 1,000 500 500
92
GRAND RIVER CONSERVATION AUTHORITY
BUDGET 2017 - Summary of Revenue and Expenditures Actual 2015
FUNDING
Municipal General Levy Funding
10,548,000
Budget 2016 10,809,000
Budget 2017 11,075,000
Budget Incr/(decr) 266,000 2.5%
Other Government Grants
5,266,169
4,425,073
3,437,073
(988,000) -22.3%
Self-Generated Revenue
15,662,665
14,450,318
14,080,400
(369,918) -2.6%
Funding from Reserves
443,363
1,323,000
804,400
(518,600) -39.2%
31,920,197
TOTAL FUNDING
31,007,391
29,396,873
(1,610,518) -5.2%
EXPENDITURES
Actual 2015 Base Programs - Operating includes funding to reserves
SECTION A
Base Programs - Capital
SECTION B
25,037,787
Budget 2016 24,368,891
Budget 2017 24,408,473
Budget Incr/(decr) 39,582 0.16%
2,445,284
2,672,000
2,580,400
(91,600) -3.43%
Special Projects
SECTION C
4,007,508
3,966,500
2,408,000
(1,558,500) -39.3%
TOTAL EXPENDITURES
31,490,579
31,007,391
29,396,873
(1,610,518) -5.2%
NET RESULT
429,618
93
-
-
SECTION A - Operating Budget GRAND RIVER CONSERVATION AUTHORITY
Budget 2017 vs Budget 2016 Actual 2015
Budget 2016
Budget 2017
Incr/(Decr)
%age change
EXPENDITURES OPERATING EXPENSES
Total Expenses
25,037,787
24,368,891
24,408,473
39,582
0.16%
25,037,787
24,368,891
24,408,473
39,582
0.16%
9,101,098
9,809,000
10,025,000
216,000
2.20% 0.00% -4.09% 1.90% -35.38% -69.66%
SOURCES OF FUNDING MUNICIPAL GENERAL LEVY (NOTE) MUNICIPAL SPECIAL LEVY OTHER GOVT FUNDING SELF-GENERATED RESERVES SURPLUS CARRYFORWARD
Total BASE Funding
105,264
50,000
50,000
-
1,560,921
978,573
938,573
(40,000)
13,947,494
12,777,700
13,020,900
49,845
424,000
274,000
(150,000)
273,165
329,618
100,000
(229,618)
25,037,787
24,368,891
24,408,473
NOTE: See "Summary of Revenue, Expenditures and Changes in Municipal Levy" for details of $216,000 levy increase.
94
-
243,200
39,582
0.16%
SECTION B - Capital Budget GRAND RIVER CONSERVATION AUTHORITY
Budget 2017 Water Resources Planning & Environment
Expenses: WQ Monitoring Equipment & Instruments Flood Forecasting Warning Hardware and Gauges Flood Control Structures-Major Maintenance Conservation Areas Capital Projects PSAB Project Building Major Maintenance Net IT/MP Capital Spending not allocated to Departments TOTAL EXPENSE Funding Municipal Special Levy Prov & Federal Govt Self Generated Funding from Reserves TOTAL FUNDING Net Funded by General CAPITAL Levy
Flood Control Expenses
FFW
Conservation Land Management (Sch 4)
Conservation Areas
Corporate Services
110,000
180,400 180,400
110,000 190,000 1,500,000 600,000 180,400 2,580,400
180,400 180,400
700,000 600,000 230,400 1,530,400
190,000 1,500,000 600,000
110,000
190,000
1,500,000
-
600,000
700,000 600,000 50,000 50,000
-
700,000
-
60,000
190,000
800,000
-
600,000
-
BUDGET 2016 TOTAL
-
1,050,000
BUDGET 2016 - CAPITAL Water Resources Planning & Environment
Expenses: WQ Monitoring Equipment & Instruments Flood Forecasting Warning Hardware and Gauges Flood Control Structures-Major Maintenance Conservation Areas Capital Projects Net IT/MP Capital Spending not allocated to Departments TOTAL EXPENSE Funding Prov & Federal Govt Self Generated Funding from Reserves TOTAL FUNDING Net Funded by General CAPITAL Levy
Flood Control Expenses
FFW
Conservation Land Management (Sch 4)
Conservation Areas
Corporate Services
110,000 190,000 1,500,000 683,000 110,000
190,000
1,500,000
-
700,000
683,000 83,000 600,000
100,000 100,000
-
700,000
-
10,000
190,000
800,000
-
683,000
-
189,000 189,000 40,000 149,000 189,000
-
BUDGET 2015 TOTAL 110,000 190,000 1,500,000 683,000 189,000 2,672,000 823,000 600,000 249,000 1,672,000
1,000,000
ACTUAL 2015 - CAPITAL Water Resources Planning & Environment
Expenses: WQ Monitoring Equipment & Instruments Flood Forecasting Warning Hardware and Gauges Flood Control Structures-Major Maintenance Conservation Areas Capital Projects PSAB Project Building Major Maintenance Funding to Reserves Net IT/MP Capital Spending not allocated to Departments TOTAL EXPENSE Funding Municipal Special Levy Prov & Federal Govt Self Generated Funding from Reserves TOTAL FUNDING Net Funded by General CAPITAL Levy
Flood Control Expenses
FFW
Conservation Land Management (Sch 4)
Conservation Areas
Corporate Services
39,787 155,067 1,186,517 781,413
39,787
30,000
210,000
185,067
1,396,517
-
12,235 509,709 75,598
6,544
781,413
68,892 (26,392) 42,500
42,500 781,413 -
6,544
-
597,542
-
33,243
185,067
798,975
-
95
781,413
-
42,500
-
ACTUAL 2015 TOTAL 39,787 155,067 1,186,517 781,413 308,892 (26,392) 2,445,284 12,235 558,753 857,011 1,427,999
1,017,285
SECTION C - Special Projects Budget GRAND RIVER CONSERVATION AUTHORITY
Budget 2017
EXPENDITURES
ACTUAL 2015
Dundas Valley Groundwater Study
BUDGET 2016 130
Grand River Management Plan Subwatershed Plans - City of Kitchener Waste Water Optimization Program Drought Contingency Pilot Project
-
-
36,305
20,000
20,000
67,547
130,000
-
124,964
125,000
-
1,682
Floodplain Mapping
BUDGET 2017
-
-
180,279
200,000
1,014,449
800,000
800,000
Brant/Brantford Children's Water Festival
31,934
26,000
26,000
Haldimand Children's Water Festival
14,332
15,000
15,000
Species at Risk
68,214
75,000
-
Trees for Mapleton
25,179
-
-
-
-
RWQP - Capital Grants
2015 Biennial Tour
35,245
Ecological Restoration
-
163,009
150,000
-
Large Cover Placement Program
41,729
15,000
-
Trees for Guelph
37,875
40,000
40,000
Great Lakes SHSM Event
-
50,000
-
Great Lakes Agricultural Stewardship Initiative
-
90,000
-
5,210
-
-
Trails Capital Maintenance Emerald Ash Borer
357,179
Forest in the City
202,504
Lands Mgmt - Land Purchases/Land Sale Expenses Lands Mgmt - Development Costs
400,000
400,000 -
36,339
300,000
-
-
50,000
50,000
30,711
35,000
35,000
Grand RIver Country
-
-
-
Apps' Mill Nature Centre Renovation
-
423,500
Dickson Trail and Boardwalk Rehabilitation
-
187,000
187,000
Mill Creek Rangers
-
Total SPECIAL Projects 'Other'
2,474,816
3,131,500
1,573,000
Source Protection Program
1,532,692
835,000
835,000
Total SPECIAL Projects Expenditures
4,007,508
3,966,500
2,408,000
1,532,692 1,538,803 542,495 393,518
835,000 1,738,500 743,000 650,000
835,000 913,500 209,500 450,000
4,007,508
3,966,500
2,408,000
SOURCES OF FUNDING Provincial Grants for Source Protection Program OTHER GOVT FUNDING SELF-GENERATED FUNDING FROM/(TO) RESERVES
Total SPECIAL Funding
96
GRAND RIVER CONSERVATION AUTHORITY
Budget 2017 - Summary of Expenditures, Funding and Change in Municipal Levy TABLE 1
TABLE 2
Water Resources Flood Planning & Forecasting & Environment Warning
TABLE 3
TABLE 4
Water Control Structures
Resource Planning
TABLE 5
TABLE 6
Forestry & Conservation Land Taxes
TABLE 7
Conservation Services
TABLE 8
Stream Mgmt
Communications & Foundation
Conservation Lands
Environmental Education
-
TABLE 9
TABLE 9
TABLE 10
TABLE 10
TABLE 10
Corporate Services
Surplus available to offset Muncipal Levy Increase
Conservation Land and Rental Management and Misc
Hydro Production
Conservation Areas
TOTAL
2017 OPERATING TOTAL EXPENSES
A
2,181,300
780,300
1,678,900
1,922,900
1,489,700
837,500
-
646,900
TOTAL OTHER FUNDING
B
150,700
252,955
400,350
941,068
857,000
148,000
0
0
"Other Programs" Surplus/(Loss) Loss to be offset with Levy
0
1,210,800
3,173,873
3,612,300
230,000
6,644,000
891,500
155,000
3,342,900
500,000
6,644,000
(269,400)
B less A
2017 Levy
A less B less C
270,000
-
2,030,600
527,345
1,278,550
981,832
632,700
689,500
-
646,900
-
319,300
3,018,873
600 100,000
(100,600)
0
0
0
10,025,000 0
Levy Increase: 2017 Levy
2,030,600
527,345
1,278,550
981,832
632,700
689,500
-
646,900
2016 Levy
1,981,700
507,745
1,287,050
1,001,132
626,300
666,700
-
629,300
48,900
19,600
(19,300)
6,400
22,800
-
17,600
Levy Increase over prior year
2017 CAPTAL
(8,500)
-
319,300
3,018,873
(100,600)
303,900
3,106,641
(301,468)
15,400
(87,768)
200,868
n/a
n/a
10,025,000 9,809,000 216,000
n/a
Water Resources Flood Planning & Forecasting & Environment Warning
Water Control Structures
190,000
1,500,000
180,400
600,000
700,000
180,400
600,000
Corporate Services
Conservation Areas
TOTAL EXPENSES
A
110,000
TOTAL OTHER FUNDING
B
50,000
A less B
60,000
190,000
800,000
-
-
2017 Levy
60,000
190,000
800,000
-
-
2016 Levy
10,000
190,000
800,000
-
-
-
-
2016 Levy
-
2,580,400 1,530,400 1,050,000
Levy Increase:
50,000
Levy Increase over prior year
-
Water Resources Flood Planning & Forecasting & Environment Warning
2017 SPECIAL
-
Source Protection Program
Forestry & Conservation Land Taxes
Conservation Services
Communications & Foundation
Conservation Lands
TOTAL EXPENSES
A
20,000
-
835,000
-
841,000
627,000
-
85,000
TOTAL OTHER FUNDING
B
20,000
-
835,000
-
841,000
627,000
-
85,000
2017 Levy
A less B
-
-
-
-
-
-
-
-
2,408,000 2,408,000
-
TOTAL EXPENSES TOTAL FUNDING NET RESULT
97
1,050,000 1,000,000 50,000
Conservation Land and Rental Management and Misc
Environmental Education
A B
600
(600) (100,000)
C
Surplus 2016 carriedforward to 2017
24,408,473 14,283,473
29,396,873 29,396,873 -
C NET RESULT
TABLE 1 GRAND RIVER CONSERVATION AUTHORITY
Water Resources Planning & Environment
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget Change
incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Other Operating Expenses TOTAL EXPENSE
1,496,700 310,700 122,300 202,700 2,132,400
1,541,600 306,900 126,000 206,800 2,181,300
153,095
50,000 33,200 37,500 3,000 27,000 150,700
50,000 33,200 37,500 3,000 27,000 150,700
1,784,790
1,981,700
2,030,600
1,332,715 270,400 125,919 208,851 1,937,885
Funding
44,900 -3,800 3,700 4,100 48,900 (incr)/decr
Municipal Other MNR Grant Prov & Federal Govt Donations Funds taken from Reserves TOTAL FUNDING
105,031 33,200 13,614 1,250
Net Funded by General Municipal Levy
0 0
-
48,900
Net incr/(decr) to Municipal Levy
98
TABLE 2 GRAND RIVER CONSERVATION AUTHORITY
Flood Forecasting & Warning
OPERATING
Actual 2015
Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
Budget 2016
Budget 2017
Budget change
incr/(decr)
393,411 240,805 67,724 30,000 731,940
436,600 250,700 73,400
449,700 255,700 74,900
13,100 5,000 1,500
760,700
780,300
19,600
252,955 6,740 259,695
252,955 252,955
252,955 252,955
472,245
507,745
527,345
Funding
(incr)/decr
MNR Grant Prov & Federal Govt TOTAL FUNDING Net Funded by General Municipal Levy
-
19,600
Net incr/(decr) to Municipal Levy
99
TABLE 3 GRAND RIVER CONSERVATION AUTHORITY
Water Control Structures
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget change incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Property Taxes Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
1,086,916 21,911 167,255 283,154 130,000 1,689,236
1,102,900 32,400 178,200 373,900 1,687,400
1,136,000 28,000 183,500 331,400 1,678,900
400,350 400,350
400,350 400,350
400,350 400,350
1,288,886
1,287,050
1,278,550
Funding
33,100 (4,400) 5,300 (42,500) (8,500) (incr)/decr
MNR Grant TOTAL FUNDING Net Funded by General Municipal Levy
-
(8,500)
Net incr/(decr) to Municipal Levy
100
TABLE 4 GRAND RIVER CONSERVATION AUTHORITY
Resource Planning
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget change incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Property Taxes Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
1,549,144 192,577
1,608,300 209,600
1,656,500 213,800
48,200 4,200
22,532 30,000 1,794,253
51,600
52,600
1,000
1,869,500
1,922,900
53,400
MNR Grant Donations Self Generated TOTAL FUNDING
114,568 894,624 1,009,192
114,568 753,800 868,368
114,568
Net Funded by General Municipal Levy
785,061
1,001,132
981,832
Funding
(incr)/decr
826,500 941,068
(72,700) (72,700)
(19,300)
Net incr/(decr) to Municipal Levy
101
TABLE 5 GRAND RIVER CONSERVATION AUTHORITY
Forestry & Conservation Land Taxes
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget change incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Property Taxes Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
500,380 41,945 162,428 561,703 20,000 1,286,456
508,900 56,400 167,600 750,400 1,483,300
524,200 42,500 172,600 750,400 1,489,700
696,985 696,985
57,000 800,000 857,000
57,000 800,000 857,000
589,471
626,300
632,700
Funding
15,300 (13,900) 5,000 0 0 6,400 (incr)/decr
Donations Self Generated TOTAL FUNDING Net Funded by General Municipal Levy
0
6,400
Net incr/(decr) to Municipal Levy
102
TABLE 6 GRAND RIVER CONSERVATION AUTHORITY
Conservation Services
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget change incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
589,401 105,151 26,201 36,000 756,753
653,300 105,700 55,700
672,900 107,800 56,800
19,600 2,100 1,100
814,700
837,500
22,800
Municipal Other Prov & Federal Govt Donations Funds taken from Reserves TOTAL FUNDING
233 32,911 55,942 20,962 110,048
30,000 87,000 31,000 148,000
30,000 87,000 31,000 148,000
646,705
666,700
689,500
Funding
(incr)/decr
Net Funded by General Municipal Levy
-
22,800
Net incr/(decr) to Municipal Levy
103
TABLE 7 GRAND RIVER CONSERVATION AUTHORITY
Communications & Foundation
OPERATING
Actual 2015
Budget 2016
Budget 2017
Budget change
Expenses:
incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
481,220 68,233 75,419 624,872
466,300 77,600 110,400 654,300
480,300 79,000 87,600 646,900
10,000 8,314 18,314
25,000
-
25,000
-
606,558
629,300
Funding
14,000 1,400 (22,800) (7,400) (incr)/decr
Donations Self Generated Funds taken from Reserves TOTAL FUNDING Net Funded by General Municipal Levy
25,000
-
25,000
646,900 17,600
Net incr/(decr) to Municipal Levy
104
TABLE 8 GRAND RIVER CONSERVATION AUTHORITY
Environmental Education
OPERATING
Actual 2015
Budget 2016
Budget 2017
Expenses:
Budget change incr/(decr)
Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Property Taxes Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
885,100 63,130 9,387 15,363 274,516 0 1,247,496
816,600 71,400 12,700 18,300 255,400 4,500 1,178,900
841,100 72,800 13,100 18,800 265,000 1,210,800
4,238 79,778 872,398 956,414
0 50,000 825,000 875,000
0 50,000 841,500 891,500
291,082
303,900
319,300
Funding
24,500 1,400 400 500 9,600 (4,500) 31,900 (incr)/decr
Provincial & Federal Grants Donations Self Generated TOTAL FUNDING Net Funded by General Municipal Levy
0 0 (16,500) (16,500)
15,400
Net incr/(decr) to Municipal Levy
105
TABLE 9 GRAND RIVER CONSERVATION AUTHORITY
Corporate Services Surplus available to offset Muncipal Levy Increase
Budget 2017 Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
1,834,900 330,700 55,000 953,273 3,173,873
Funding MNR Grant Recoverable Corporate Services Expenses Funds taken from Reserves TOTAL FUNDING
70,000 70,000 15,000 155,000 3,018,873
Net Result before surplus adjustments
600 100,000
Surplus from Other Programs 2016 Surplus Carried Forward to 2017 used to reduce Levy
3,018,873
Net Funded by General Municipal Levy
100,600
Surplus available to offset Muncipal Levy Increase
Budget 2016 Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
1,781,500 344,200 53,400 1,082,541 3,261,641
Funding MNR Grant Recoverable Corporate Services Expenses Funds taken from Reserves TOTAL FUNDING
70,000 70,000 15,000 155,000 3,106,641
Net Result before surplus adjustments
(28,150) 329,618
Deficit from Other Programs offset by 2015 Surplus Carryforward 2015 Surplus Carried Forward to 2016 used to reduce Levy
3,106,641
Net Funded by General Municipal Levy
301,468
Surplus available to offset Muncipal Levy Increase
ACTUAL 2015 Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT Insurance Other Operating Expenses Amount set aside to Reserves TOTAL EXPENSE
1,676,349 310,358 54,843 686,282 270,000 2,997,832
Funding MNR Grant Donations Recoverable Corporate Services Expenses TOTAL FUNDING
70,000 80,743 150,743 2,847,089
Net Result before surplus adjustments
62,376 273,165
Surplus from Other Programs 2014 Surplus Carried Forward to 2015 used to reduce Levy Net Funded by General Municipal Levy
2,847,089
106
335,541
TABLE 10 GRAND RIVER CONSERVATION AUTHORITY
OTHER PROGRAMS - OPERATING - SUMMARY of Results
Conservation Lands
Property Rentals
(a) Cons Lands, Rental, Misc
MISC
(b) Hydro Production
(c ) Conservation Areas
TOTAL Other Programs
Budget 2017 - OPERATING Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT
Insurance Property Taxes Other Operating Expenses (consulting etc) Amount set aside to Reserves TOTAL EXPENSE
1,012,200 153,400 167,600 593,000 1,926,200
557,500 71,500 16,300 118,100 852,700 1,616,100
70,000 70,000
1,569,700 224,900 183,900 118,100 1,515,700 3,612,300
60,300 34,700 135,000 230,000
3,753,800 169,500 58,700 2,512,000 150,000 6,644,000
10,486,300
500,000
6,494,000 150,000 6,644,000
10,486,900
Funding Provincial Funding Donations Self Generated Funds taken from Reserves TOTAL FUNDING NET Surplus/(Deficit) for programs not funded by general levy
65,000 86,000 1,000 152,000
2,992,900 50,000 3,042,900
148,000
(1,774,200)
1,426,800
78,000
982,700 156,400 162,700 556,400 3,750 1,861,950
541,300 70,100 15,800 138,900 1,120,000 1,886,100
70,000
148,000
65,000 3,226,900 51,000 3,342,900 (269,400)
500,000 270,000
-
600
Budget 2016 - OPERATING Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT
Insurance Property Taxes Other Operating Expenses (consulting etc) Amount set aside to Reserves TOTAL EXPENSE
70,000
1,524,000 226,500 178,500 138,900 1,746,400 3,750 3,818,050
59,000 34,000 135,000 228,000
3,644,500 165,800 57,000 2,462,700 150,000 6,480,000
10,526,050
500,000
30,000 6,300,000 150,000 6,480,000
10,497,900
Funding Provincial Funding Donations Self Generated Funds taken from Reserves TOTAL FUNDING NET Surplus/(Deficit) for programs not funded by general levy
Actual 2015 - OPERATING
65,000 86,000 1,000 152,000
3,067,900 200,000 3,267,900
98,000
(1,709,950)
1,381,800
28,000
Conservation Lands
Property Rentals
98,000
65,000 3,251,900 201,000 3,517,900 (300,150) (a) Cons Lands, Rental, Misc
MISC
500,000 272,000
(b) Hydro Production
-
(c ) Conservation Areas
(28,150)
TOTAL Other Programs
Expenses: Salary and Benefits Travel, Motor Pool, Expenses,Telephone, Training and Development, IT
Insurance Property Taxes Other Expenses Amount set aside to Reserves TOTAL EXPENSE
984,147 99,844 155,578 407,712 490,179 2,137,460
528,141 71,282 13,825 137,168 933,579 305,000 1,988,995
34,780 120,000 154,780
1,512,288 171,126 169,403 137,168 1,376,071 915,179 4,281,235
49,902 500 58,264 290,000 398,666
3,625,321 160,766 52,061 2,777,015 676,000 7,291,163
11,971,064
298,770 61,083 86,856 446,709
244,725 20,000 3,071,295 28,883 3,364,903
615 184,242 184,857
544,110 81,083 3,342,393 28,883 3,996,469
620,317 620,317
45,735 141,073 7,105,094 7,291,902
11,908,688
(1,690,751)
1,375,908
30,077
(284,766)
221,651
739
(62,376)
Funding Provincial/Federal Donations Self Generated Funds taken from Reserves TOTAL FUNDING NET Surplus/(Deficit) for programs not funded by general levy
107
Conservation Authorities Act ONTARIO REGULATION 670/00 CONSERVATION AUTHORITY LEVIES 1. In this Regulation, “current value assessment” means the current value assessment of land, determined under the provisions of the Assessment Act, for a given year; “property class” means a class of real property prescribed under the Assessment Act. O. Reg. 670/00, s. 1. 2. (1) In determining the levy payable by a participating municipality to an authority for maintenance costs pursuant to subsection 27 (2) of the Act, the authority shall apportion such costs to the participating municipalities on the basis of the benefit derived or to be derived by each participating municipality determined, (a) by agreement among the authority and the participating municipalities; or (b) by calculating the ratio that each participating municipality’s modified assessment bears to the total authority’s modified assessment. O. Reg. 670/00, s. 2 (1). (2) In determining the levy payable by a participating municipality to an authority for administration costs pursuant to subsection 27 (3) of the Act, the authority shall apportion such costs to the participating municipalities on the basis of the ratio that each participating municipality’s modified assessment bears to the total authority’s modified assessment. O. Reg. 670/00, s. 2 (2). 3. The following rules apply for the purposes of section 2: 1. The modified current value assessment is calculated by adding the current value assessments of all lands within a municipality all or part of which are within an authority’s jurisdiction and by applying the following factors to the current value assessment of the land in the following property classes: Property Class Residential/Farm
Factor 1
Multi-Residential Commercial
2.1 2.1
Industrial Farmlands
2.1 0.25
Pipe Lines
1.7
Managed Forests New Multi-Residential
0.25 2.1
Office Building Shopping Centre
2.1 2.1
Parking Lots and Vacant Land
2.1
Large Industrial
2.1
2. A participating municipality’s modified assessment is the assessment calculated by dividing the area of the participating municipality within the authority’s jurisdiction by its total area and multiplying that ratio by the modified current value assessment for that participating municipality. 3. The total authority’s modified assessment is calculated by adding the sum of all of the participating municipalities’ modified assessments for that authority. O. Reg. 670/00, s. 3. 4. An authority may establish a minimum sum that may be levied against a participating municipality within the authority’s jurisdiction. O. Reg. 670/00, s. 4.
108
Grand River Conservation Authority Summary of Municipal Levy - 2017 Budget DRAFT-September 23, 2016
Brant County Brantford C Amaranth Twp East Garafraxa Twp Town of Grand Valley Melancthon Twp Southgate Twp Haldimand County Norfolk County Halton Region Hamilton City Oxford County North Perth T Perth East Twp Waterloo Region Centre Wellington Twp Erin T Guelph C Guelph Eramosa Twp Mapleton Twp Wellington North Twp Puslinch Twp Total
% CVA in
2016 CVA
Watershed
(Modified)
84.0% 100.0% 82.0% 80.0% 100.0% 56.0% 6.0% 41.0% 5.0% 10.3% 4.7% 38.1% 2.0% 40.0% 100.0% 100.0% 49.0% 100.0% 100.0% 95.0% 51.0% 75.0%
5,446,291,473 11,594,112,203 614,567,370 475,595,387 352,562,716 454,303,380 779,464,748 5,769,685,956 7,965,883,216 33,945,230,659 72,428,903,704 3,366,734,453 1,655,467,227 1,484,036,161 81,573,751,711 4,031,002,059 2,153,968,898 21,273,327,578 2,267,426,720 1,305,330,346 1,353,028,411 2,203,401,702 262,494,076,075
CVA in Watershed
4,574,884,837 11,594,112,203 503,945,243 380,476,310 352,562,716 254,409,893 46,767,885 2,365,571,242 398,294,161 3,502,828,212 3,404,158,474 1,282,809,781 33,109,345 593,614,465 81,573,751,711 4,031,002,059 1,055,444,760 21,273,327,578 2,267,426,720 1,240,063,828 690,044,489 1,652,551,276 143,071,157,187
CVA-Based
2017 Budget
2017 Budget
2017 Budget
Actual
Apportionment
Operating Levy
Capital Levy
Total Levy
2016 Levy
3.20% 8.10% 0.35% 0.27% 0.25% 0.18% 0.03% 1.65% 0.28% 2.45% 2.38% 0.90% 0.02% 0.41% 57.02% 2.82% 0.74% 14.87% 1.58% 0.87% 0.48% 1.16% 100.00%
109
320,562 812,400 35,311 26,660 24,704 17,827 3,277 165,756 27,908 245,443 238,529 89,887 2,320 41,595 5,715,875 282,452 73,955 1,490,623 158,879 86,891 48,351 115,794 10,025,000
33,575 85,089 3,698 2,792 2,587 1,867 343 17,361 2,923 25,707 24,983 9,415 243 4,357 598,673 29,584 7,746 156,125 16,641 9,101 5,064 12,128 1,050,000
354,137 897,489 39,009 29,452 27,291 19,694 3,620 183,117 30,831 271,150 263,512 99,302 2,563 45,952 6,314,548 312,036 81,701 1,646,748 175,520 95,992 53,415 127,922 11,075,000
338,265 883,153 37,791 28,069 25,711 18,872 3,501 182,875 30,138 261,428 256,502 97,368 2,479 44,969 6,162,317 304,761 79,929 1,609,513 171,781 92,664 52,263 124,652 10,809,000
% Change
4.7% 1.6% 3.2% 4.9% 6.1% 4.4% 3.4% 0.1% 2.3% 3.7% 2.7% 2.0% 3.4% 2.2% 2.5% 2.4% 2.2% 2.3% 2.2% 3.6% 2.2% 2.6% 2.5%
110
111
Finance Department Office of the Commissioner 1151 Bronte Road Oakville ON L6M 3L1
July 19, 2016 VIA EMAIL & REGULAR MAIL Ms. Helen Jowett, Chair Grand River Conservation Authority 400 Clyde Road, PO Box 729 Cambridge, ON N1R 5W6 Dear Chair Jowett:
The Council of the Regional Municipality of Halton approved the 2017 Budget Directions at its meeting, held Wednesday, July 13, 2016 as attached in this letter (Report No. FN-20-16 Re: 2017 Budget Directions), and adopted the following resolution: RESOLUTION: FN-20-16 – 2017 Budget Directions 5. THAT a letter from the Commissioner of Finance and Regional Treasurer identifying the 2017 Budget Directions target of a 3.7% budget increase and a copy of Report No. FN-20-16 be forwarded to the Halton Regional Police Services Board, Royal Botanical Gardens, Conservation Halton, Credit Valley Conservation and Grand River Conservation. To achieve the budget directions approved by Regional Council, the budget guideline for Grand River Conservation Authority is a net expenditure increase of no more than 3.7%. This maintains the Region’s key priority of an effective tax increase less than or equal to inflation of 2%, assuming assessment growth in 2017 of 1.7%, totaling 3.7%. As part of the 2017 Budget process, Halton Region Finance staff will meet with Grand River Conservation Authority Finance staff during the summer months to discuss their 2017 budget submission. If you have any questions, please contact me at 905-825-6000 x7043 or
[email protected]. Sincerely,
Mark Scinocca Commissioner of Finance & Regional Treasurer Cc:
Joe Farwell, Chief Administrative Officer, Grand River Conservation Authority Gary Carr, Halton Regional Chair Jane MacCaskill, Chief Administrative Officer, Halton Region
112
GRAND RIVER CONSERVATION AUTHORITY INDEX TO THE FINANCIAL STATEMENTS DECEMBER 31, 2015
Independent Auditors' Report Statements 1.
Statement of Financial Position
2.
Statement of Operations and Change in Accumulated Surplus
3.
Statement of Cash Flows
4.
Statement of Change in Net Financial Assets
Notes to the Financial Statements
KPMG LLP 115 King Street South, 2nd Floor Waterloo ON N2J 5A3
Telephone Fax Internet
519-747-8800 519-747-8830 www.kpmg.ca
INDEPENDENT AUDITORS’ REPORT To the Members of Grand River Conservation Authority We have audited the accompanying financial statements of Grand River Conservation Authority, which comprise the statement of financial position as at December 31, 2015, the statements of operations, change in accumulated surplus, cash flows and changes in net financial assets for the year then ended, and notes, comprising a summary of significant accounting policies and other explanatory information. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian public sector accounting standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
KPMG LLP is a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG” International”), a Swiss entity. KPMG Canada provides services to KPMG LLP.
Page 2 Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Grand River Conservation Authority as at December 31, 2015, and its results of operations, its changes in net financial assets, and its cash flows for the year then ended in accordance with Canadian public sector accounting standards.
Chartered Professional Accountants, Licensed Public Accountants
February 26, 2016 Waterloo, Canada
STATEMENT 1
GRAND RIVER CONSERVATION AUTHORITY (Established by the Conservation Authorities Act)
Statement of Financial Position As at December 31, 2015 (with comparative figures for 2014)
2015 Financial Assets Cash Investments (Note 3) Accounts Receivable - Government Grants Accounts Receivable - Municipal Levies and Other Other Receivables
$
Financial Liabilities Accounts Payable and Accrued Liabilities (Note 6) Deferred Revenue (Note 4) Deposits
Net Financial Assets Non-Financial Assets Tangible Capital Assets (Note 5) Prepaid Expenses and Inventory
ACCUMULATED SURPLUS
$
2,273,418 $ 22,462,870 229,381 244,430 1,087,356 26,297,455
2014 (Note 2 - restated) 2,547,711 19,374,122 241,515 728,361 1,189,784 24,081,493
2,750,426 3,824,931 293,387 6,868,744
2,825,261 4,362,682 272,024 7,459,967
19,428,711
16,621,526
91,568,435 291,920 91,860,355
92,343,541 304,753 92,648,294
111,289,066 $
109,269,820
$
5,094,874 $ 12,431,698 1,764,441 429,618 91,568,435
4,120,178 10,893,555 1,639,381 273,165 92,343,541
$
111,289,066 $
109,269,820
ACCUMULATED SURPLUS COMPRISED OF Accumulated Surplus - Reserves - Operating Accumulated Surplus - Reserves - Capital Accumulated Surplus - Reserves - Motor Pool Accumulated Surplus - Other Accumulated Surplus - Tangible Capital Assets
(Note 10) (Note 10) (Note 10)
ACCUMULATED SURPLUS
Commitments and Contingencies (Notes 8 and 9)
(see accompanying notes to the financial statements)
STATEMENT 2
GRAND RIVER CONSERVATION AUTHORITY STATEMENT OF OPERATIONS AND CHANGE IN ACCUMLATED SURPLUS For the Year Ended December 31, 2015 (with comparative figures for 2014) Budget 2015 Note 7
Actual 2015
Actual 2014 (Note 2-restated)
Revenue Municipal Grants: General-Operating General-Capital Special Other Total Municipal Revenue
$
9,548,000 1,000,000 130,000 800,000 11,478,000
$
9,548,000 1,000,000 106,737 1,104,759 11,759,496
$
9,292,000 1,000,000 106,849 1,590,988 11,989,837
Government Grants MNR Transfer Payments Source Protection Program-Provincial Other Provincial Federal Total Government Grants
871,073 835,000 1,246,500 52,500 3,005,073
871,073 1,532,692 1,511,030 139,878 4,054,673
871,073 1,210,026 1,083,012 224,697 3,388,808
Self-Generated User Fees and Sales: Enquiries and Permits Plan Input and Review Nursery and Woodlot Management Conservation Lands Income Conservation Areas User Fees Nature Centres and Camps Merchandising and Sales Property Rentals Hydro Generation Land Sale Gain Grand River Conservation Foundation Donations Landowner Contributions Investment Income Miscellaneous Income Total Self-Generated Revenue Total Revenue
$
384,000 355,000 515,000 71,000 6,700,000 709,000 3,077,200 450,000 450,000 396,500 334,000 300,000 390,000 123,000 14,254,700 28,737,773
453,493 441,131 470,705 62,936 7,788,138 867,046 5,352 3,071,295 620,317 845,550 132,923 240,755 406,086 278,221 15,683,948 31,498,117
470,891 372,674 556,632 60,429 6,695,667 811,833 4,106 3,072,745 707,478 2,442,671 433,732 213,305 253,606 377,445 62,486 16,535,700 31,914,345
$
6,471,799 836,203 1,870,600 4,094,091 4,389,379 7,859,574 3,031,159 105,000 28,657,805
$
$
Expenditures Watershed Management and Monitoring Source Protection Program Resource Planning Watershed Stewardship Conservation Land Management Recreation and Education Corporate Services / Information Systems and Motor Pool Miscellaneous Expense Total Expenditures Annual Surplus
79,968
Accumulated Surplus, Beginning of Year, As Previously Reported Change in Accounting Standard (Note 2) Accumulated Surplus, Beginning of Year, As Restated
Accumulated Surplus, End of Year
6,697,995 1,533,895 1,741,877 3,989,628 4,396,852 8,470,879 2,582,254 65,491 29,478,871
$
2,019,246
2,896,024
109,269,820
$
109,269,820
109,269,820
109,349,788 $
111,289,066
(see accompanying notes to the financial statements)
6,983,135 1,213,775 1,804,020 3,892,776 4,311,160 7,874,668 2,807,015 131,772 29,018,321
107,073,796 (700,000) 106,373,796
$
109,269,820
STATEMENT 3
GRAND RIVER CONSERVATION AUTHORITY STATEMENT OF CASH FLOWS For the Year Ended December 31, 2015 (with comparative figures for 2014) Actual 2015
Operating Activities Annual surplus
$
2,019,246 $
Actual 2014 (Note 2 - as restated)
2,896,024
Items not involving cash: Amortization Loss (gain) on sale of tangible capital assets
3,118,596 16,691
3,187,744 (2,447,535)
Change in non-cash operating assets and liabilities: Accounts receivable Prepaid expenses and inventory Accounts payable and accrued liabilities Deferred revenue and deposits Net change in cash from operating activities
598,493 12,833 (74,835) (516,388) 5,174,636
(697,063) 1,737 (404,182) 780,958 3,317,683
(2,388,535) 28,354 (2,360,181)
(2,538,810) 2,719,372 180,562
(3,088,748) (3,088,748)
(3,604,862) (3,604,862)
Net change in cash
(274,293)
(106,617)
Cash, beginning of year
2,547,711
2,654,328
2,273,418 $
2,547,711
Capital Activities Cash used to acquire tangible capital assets Proceeds on sale of tangible capital assets Net change in cash from capital activities Investing Activities Change in investments Net change in cash from investing activities
Cash, end of the year
$
(see accompanying notes to the financial statements)
STATEMENT 4
GRAND RIVER CONSERVATION AUTHORITY STATEMENT OF CHANGE IN NET FINANCIAL ASSETS For the Year Ended December 31, 2015 (with comparative figures for 2014) Actual 2015
Annual surplus Acquisition of tangible capital assets Amortization of tangible capital assets Loss (gain) on sale of tangible capital assets Proceeds on sale of tangible capital assets
$
Net changes in prepaid expenses and inventory Net change in financial assets
2,019,246 $ (2,388,535) 3,118,596 16,691 28,354 2,794,352
2,896,024 (2,538,810) 3,187,744 (2,447,535) 2,719,372 3,816,795
12,833
1,737
2,807,185
3,818,532
Net financial assets, beginning of year as previously reported
13,502,994
Change in Accounting Standard (Note 2)
(700,000)
Net financial assets, beginning of year, as restated Net financial assets, end of year
Actual 2014 (Note 2 - as restated)
16,621,526 $
19,428,711 $
(see accompanying notes to the financial statements)
12,802,994 16,621,526
GRAND RIVER CONSERVATION AUTHORITY NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 2015
(1)
Summary of Significant Accounting Policies The financial statements of Grand River Conservation Authority (the “Authority”) are prepared by management in accordance with the Chartered Professional Accountants of Canada Public Sector Accounting Handbook for local government. Significant aspects of the accounting policies adopted by the Authority are as follows: (a)
Basis of Accounting The Authority follows the accrual method of accounting for revenues and expenditures. Revenues are normally recognized in the year in which they are earned and measurable. Expenditures are recognized as they are incurred and measurable as a result of receipt of goods or services and/or the creation of a legal obligation to pay.
(b)
Deferred Revenue and Deposits Balance includes funds that have been advanced to the Authority from government agencies and/or the general public and as at year end the funds have not been expended for the purpose for which they were received. In most instances, service and/or product delivery is anticipated to be performed in the following fiscal period. Typical balances include tree planting cash receipts, rural water quality program funding from municipalities, advance payments on conservation area camping reservations and special projects funding that has been paid in advance of project completion. These amounts will be recognized as revenues in the fiscal year the services are performed.
(c)
Classification of Expenditures Expenditures are reported in nine main categories, which follow the format adopted by Conservation Ontario. By following these guidelines, there will be consistency of reporting by all Conservation Authorities in Ontario. These are further explained as follows:
Watershed Management and Monitoring Watershed Management and Monitoring includes expenditures and revenues for programs which provide the information required to develop appropriate resource management strategies and to identify priority actions to maintain a healthy watershed. Also included are the maintenance and operations of all Flood and Erosion Control Structures and the operations of the Flood Forecasting and Warning system.
Source Protection Program The Source Protection Program includes expenditures and revenues for the development of a “Drinking Water Source Protection” plan for the Lake Erie Source Protection Region (includes Grand River, Longpoint, Kettle Creek, and Catfish Conservation Authorities).
Resource Planning Resource Planning includes expenditures and revenues associated with reviewing official plans, zoning bylaws, development plans and other planning proposals, in accordance with Conservation Authority and Municipal Agreements. It also includes, administration of floodplain regulations and watershed management consulting outside of the Grand River watershed, which is performed on a fee-for-service basis and generates a profit.
Watershed Stewardship Watershed Stewardship includes those activities associated with providing service and/or assistance to private and public landowners, and community groups on sound environmental practices that will enhance, restore or protect natural heritage features on their properties.
Conservation Land Management Conservation Land Management includes all expenditures and revenues associated with the acquisition and management of land owned/managed by the Authority. This includes the protection of provincially significant conservation lands, woodlot management, rental/lease agreements and other revenues generated from managing lands and facilities.
These
expenditures do not include those associated with recreation and education programs on Authority lands.
Recreation and Education Recreation and Education includes expenditures and revenues associated with delivering recreational and educational programs on Authority lands at a number of active conservation areas and nature centres.
Corporate Services Corporate services include the costs associated with head office facilities and functions other than technical staff and associated programmes.
Information Systems and Motor Pool Net Information Systems and Motor Pool usage charges includes the support areas that are charged out to other cost centres on an “as used” basis. Information Systems consists of the head office, conservation area and nature centre computer systems. User cost centres incur a charge for their computer use. Motor Pool is the vehicles and equipment that are used for operations and capital projects by other cost centres.
When equipment or vehicles are
used, the cost centre is charged for the use of the asset.
Miscellaneous Expenditures Miscellaneous Expenditures include expenditures and revenues which are general in nature, and not related to specific programs.
(d)
Investments Investments include term deposits and Federal and Provincial Government bonds in accordance with the investment policy that was approved by the general membership. Investments are carried at the redemption amount adjusted for unamortized purchase premiums or discounts. Premiums and discounts are amortized on an effective-yield basis over the term to maturity. Interest income is recorded as it accrues. When the value of any investment is identified as impaired, the carrying amount is adjusted to the estimated realizable value and any adjustments are included in investment income in the year the impairment is recognized.
(e)
Accounts Receivable Accounts Receivable is reported net of any allowance for doubtful accounts.
(f)
Inventory Inventory is valued at the lower of cost or replacement cost.
(g)
Interest Allocation The Authority follows the policy of consolidating funds on hand for investment purposes. Interest income is generally recognized into income unless the provisions of a relevant agreement or legislation require that the income be restricted, then restricted interest income is recognized in deferred revenue until used for the purpose or purposes specified.
(h)
Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the year. Significant items subject to such estimates and assumptions include accrued liabilities, contaminated site liability, contingencies a n d tangible capital assets. Actual results could differ from estimates.
(i)
Tangible Capital Assets Tangible capital assets are recorded at cost which includes amounts that are directly attributable to acquisition, construction, development or betterment of the asset. The cost, less residual value, of the tangible capital assets, excluding land, are amortized in a straight line basis over their estimated useful lives as follows: Asset
Useful Life - Years
Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computer Water Control Structures
10 10 7 5 5 10
-
50 50 20 10 10 80
Annual amortization is charged in the year of acquisition and in the year of disposal. Assets under construction are not amortized until the asset is available for productive use. (i)
Contributions of tangible capital assets
Tangible capital assets received as contributions are recorded at their fair value at the date of receipt and also are recorded as revenue.
(ii)
Natural resources
Natural resources that have not been purchased are not recognized as assets in the financial statements.
(iii)
Works of art and cultural and historic assets
Works of art and cultural and historic assets are not recorded as assets in the financial statements.
(j)
Non-financial assets Non-financial assets are not available to discharge existing liabilities and are held for use in the provision of services. They have useful lives extending beyond the current year and are not intended for sale in the ordinary course of operations.
(k)
Contaminated sites Contaminated sites are defined as the result of contamination being introduced in air, soil, water or sediment of a chemical, organic, or radioactive material or live organism that exceeds an environmental standard. A liability for remediation of contaminated sites is recognized, net of any expected recoveries, when all of the following criteria are met: a) An environmental standard exists b) Contamination exceeds the environmental standard c) The organization is directly responsible or accepts responsibility for the liability d) Future economic benefits will be given up, and e) A reasonable estimate of the liability can be made.
(2)
Adoption of New Accounting Standard The Authority adopted Public Sector Accounting Board Standard PS 3260 Liability for Contaminated Sites effective January 1, 2014. Under PS 3260, contaminated sites are defined as the result of contamination being introduced in air, soil, water or sediment of a chemical, organic, or radioactive material or live organism that exceeds an environmental standard. This Standard relates to sites that are not in productive use and sites in productive use where an unexpected event resulted in contamination. The adoption of PS 3260 has been applied retroactively and prior periods have been restated. The adoption of PS 3260 has changed amounts reported in the prior period as follows:
Accumulated surplus at January 1, 2014: _________________________________________________________________________ Accumulated surplus, as previously reported $ 107,073,796 Contaminated site liability as at January 1, 2014 Accumulated surplus, as restated
700,000 $ 106,373,796
Annual surplus for the year ended December 31, 2014: Annual surplus, as previously reported
$
Change contaminated site liability Annual surplus, as restated
2,896,024 -
$
2,896,024
(3)
Investments Investments include the following amounts: Term Deposit maturing in five years (Interest rate 1.8%) Market value at December 31, 2015 - $731,002
$
2015 726,046
Bonds maturing within one year (Interest rates vary between 3.4% and 4.68%) Market value at December 31, 2015 - $3,829,345
3,787,000
Bonds maturing within one to five years (Interest rates vary between 2.24% and 2.81%) Market value at December 31, 2015 - $9,380,968 (2014 - $14,752,563)
9,247,000
Bonds maturing within six to ten years (Interest rate 2.15%) Market Value at December 31, 2015 - $1,970,434
2,000,000
High interest savings account (Interest rate 0.75%) Market value at December 31, 2015 - $6,653,732 (2014 - $4,725,384)
6,653,732
Sub-Total
$
Plus: Unamortized purchase premium Total
22,413,778
$
-
14,538,000
-
4,725,384
$
49,092 $
22,462,870
2014 -
19,263,384 110,738
$
19,374,122
(4)
Deferred Revenue
2015 Balance, end of year: Source Protection Program Rural Water Quality Program Other Watershed Programs Cottage Rent Other Miscellaneous Total Deferred Revenue Balance, beginning of year: Source Protection Program Rural Water Quality Program Other Watershed Programs Cottage Rent Other Miscellaneous
Grant Contributions Interest Other Total Revenue
$
$
$
$
1,197,330 1,434,405 856,486 372,245 502,216 4,362,682
$
3,382,086 12,357 1,434,050 4,828,493
Contributions Used Balance, end of year
1,051,501 1,187,674 843,724 189,347 552,685 3,824,931
2014
$
$
$
$
579,012 1,652,623 628,428 363,562 341,319 3,564,944
$
4,113,102 9,058 1,559,961 5,682,121
5,366,244 $
3,824,931
1,197,330 1,434,405 856,486 372,245 502,216 4,362,682
4,884,383 $
4,362,682
(5) Tangible Capital Assets
Cost Land and Land Improvements Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures Assets Under Construction
Accumulated Amortization Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures
Land and Land Improvements Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures Assets Under Construction
Balance at 31-Dec-14 $ 31,415,546 12,677,603 15,402,548 1,756,746 3,933,614 1,189,145 95,404,969 1,415,000 163,195,171
Additions
Balance at 31-Dec-14 $ 7,414,285 8,725,421 925,482 3,034,197 786,498 49,965,747 70,851,630
Disposals
Net Book Value 31-Dec-14 $ 31,415,546 5,263,318 6,677,127 831,264 899,417 402,647 45,439,222 1,415,000 92,343,541
$ 0 1,274,698 245,903 111,223 310,865 218,836 518,277 994,635 3,674,437
$ (10,172) (14,042) (131,836) (178,020) (9,575) (343,645)
Disposals/ Transfers $ (21,500) (11,562) (32,377) (133,311) (180,366) (9,575) (1,285,902)) (1,674,593)
Balance at 31-Dec-15 $ 31,394,046 13,940,739 15,616,074 1,734,658 4,064,113 1,398,406 95,923,246 1,123,733 165,195,015
Amortization Expense $ 432,418 374,453 129,963 277,247 156,032 1,748,482 3,118,595
Balance at 31-Dec-15 $ 7.836,531 9,085,832 923,609 3,133,424 932,955 51,714,229 73,626,580
Net Book Value 31-Dec-15 $ 31,394,046 6,104,208 6,530,242 811,049 930,689 465,451 44,209,017 1,123,733 91,568,435
Cost Land and Land Improvements Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures Assets Under Construction
Accumulated Amortization Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures
Land and Land Improvements Site Improvements Buildings Furniture and Equipment Motor Pool Communications and Computers Water Control Structures Assets Under Construction
Balance at 31-Dec-13 $ 30,897,148 12,475,103 15,265,934 1,794,851 4,020,852 1,279,467 92,639,220 3,230,631 161,603,206
Additions
Balance at 31-Dec-13 $ 6,970,979 8,462,991 943,949 2,887,785 825,871 48,247,319 68,338,894
Disposals
Net Book Value 31-Dec-13 $ 30,897,148 5,504,124 6,802,943 850,902 1,133,067 453,596 44,391,901 3,230,631 93,264,312
$ 785,349 212,425 239,869 114,369 99,417 137,262 2,765,749 470,322 4,824,762
$ (9,279) (103,256) (152,055) (182,834) (227,584) (675,008)
Disposals/ Transfers $ (266,951) (9,925) (103,255) (152,474) (186,655) (227,584) (2,285,953) (3,232,797)
Balance at 31-Dec-14 $ 31,415,546 12,677,603 15,402,548 1,756,746 3,933,614 1,189,145 95,404,969 1,415,000 163,195,171
Amortization Expense $ 452,585 365,686 133,588 329,246 188,211 1,718,428 3,187,744
Balance at 31-Dec-14 $ 7,414,285 8,725,421 925,482 3,034,197 786,498 49,965,747 70,851,630
Net Book Value 31-Dec-14 $ 31,415,546 5,263,318 6,677,127 831,264 899,417 402,647 45,439,222 1,415,000 92,343,541
Assets Under Construction Assets under construction having a value of $1,123,733 (2014 - $1,415,000) have not been amortized. Amortization of these assets will commence when the asset is put into service.
Write-down of Tangible Capital Assets The write-down of tangible capital assets during the year was $nil (2014 - $nil).
(6)
Contaminated Site Liability The Authority has an estimated liability of $700,000 as at December 31, 2015 (2014 - $700,000) for future remediation of two of its properties. The properties include a former landfill site in the City of Brantford and a former industrial site in the City of Guelph. Both properties were purchased by the Authority in the 1970’s under flood control projects. The Ministry of the Environment and Climate Change has requested remediation on the Brantford property. The estimated cost of that work ($500,000) is based on a detailed remediation plan prepared by a qualified external consultant. Staff have estimated the future cost to remediate the Guelph property ($200,000) based on a preliminary investigation carried out by an environmental consulting firm.
(7)
2015 Budget The budget figures are those adopted at the General Meeting of the Authority held February 27, 2015. The Authority only prepares a budget for the statement of operations, the budget figures in the statement of change in net financial assets has not been provided.
(8)
Commitments The Authority generally enters into contracts for the construction of large infrastructure type projects.
In 2015, contracts in progress include the Shand Dam gain heater, Woolwich gate
inspections, Whiteman’s Creek source water protection project, and Floodplain Mapping pilot projects. Total costs of approximately $1,070,113 will be incurred in 2016.
(9)
Contingencies The Authority recognizes that liabilities may arise due to certain contract and labour relations matters that were outstanding at year end, in the normal course of business. Additionally, legal action has been taken against the Authority for personal injury claims, property damage and other contractual matters. The outcome of these actions is not presently determinable. It is management's opinion that the Authority's insurance coverage and/or accumulated surplus will adequately cover any potential liabilities arising from these matters.
(10)
Accumulated Surplus
Accumulated surplus consists of individual fund surplus and reserves and reserve fund as follows: 2015 2014 Operating Property and Liability Insurance Building and Mechanical Equipment Small Office Equipment Personnel Apps’ Mill Nature Centre Laurel Creek Nature Centre Guelph Lake Nature Centre Shade’s Mills Nature Centre Taquanyah Nature Centre Computer Replacement Forestry Management Cottage Operations Property Rental Planning Enforcement Grand River Management Plan Total Operating Reserves Operating Reserve Net Increase
$
265,232 1,100,460 6,998 968,306 19,227 62,732 30,060 23,015 6,710 1,190,242 499,637 344,832 75,684 402,237 99,502 5,094,874
$
259,638 881,467 6,850 879,358 18,821 61,409 29,426 22,530 6,568 1,186,753 192,489 78,148 34,931 364,386 97,404 4,120,178
974,696
352,526
Completion of Capital Projects Cambridge Desiltation Pond Gravel Wetland Fund General Capital Major Dam Maintenance Gauges Conservation Area Land Reserves Total Capital Reserves
127,000 9,540 305,001 83,176 532,376 2,113,021 391,154 2,636,183 6,234,247 12,431,698
147,000 10,280 209,373 46,181 521,147 1,733,135 324,169 2,061,824 5,840,446 10,893,555
Capital Reserve Net Increase
1,538,143
3,242,408
1,686,091 78,350 1,764,441
1,562,684 76,697 1,639,381
125,060
301,680
19,291,013
16,653,114
2,637,899
3,896,614
Capital
Motor Pool Motor Pool Equipment Replacement Vehicle Insurance Total Motor Pool Reserves Motor Pool Reserve Net Increase Total Reserves Total Reserve Net Increase
Land reserves represent the net proceeds of land sales and are available for approved projects including purchases of conservation lands within the Watershed in accordance with Authority policies and Provincial Regulations.
(11)
Pension and Retirement Benefits The Authority makes contributions to the Ontario Municipal Employees Retirement System (“OMERS”), which is a multi-employer plan, on behalf of all eligible members of its staff. The plan is a defined benefit plan, which specifies the amount of the retirement benefit to be received by the employees based on the length of service and rates of pay. Because OMERS is a multi-employer pension plan, any pension plan surpluses or deficits are the joint responsibility of Ontario municipal organizations and their employees.
As a result, the
Authority does not recognize any share of the OMERS pension surplus or deficit. The latest available report for the OMERS plan was December 31 2014. At that time the plan reported a $7.1 billion actuarial deficit, based on actuarial liabilities of $76.9 billion and actuarial assets of $69.8 billion.
Ongoing adequacy of the current contribution rates will need to be
monitored and may lead to increased future funding requirements. In 2015, the Authority’s contribution to OMERS was $1,033,993 (2014 - $1,054,686)
(12)
Related Entity The Grand River Conservation Foundation (“the Foundation”) is an independent organization and a Registered Charity that raises funds to finance selected operating and capital expenditures of the Authority. Although the Foundation disburses funds at the discretion of its own Board of Directors, it only funds approved projects of the Authority and the Chair of the Authority is a permanent member of the Foundation Board. The accounts of The Grand River Conservation Foundation are not included in these financial statements. During 2015, the Foundation contributed $845,550 (2014 - $433,732) to fund projects carried out by the Authority. At December 31, 2015, the amount due from the Foundation to the Authority is
$341,839 (2014 - $195,409). This receivable is included in “Other Receivables” on the Statement of Financial Position.
(13)
Public Sector Salary Disclosure Grand River Conservation Authority is subject to The Public Sector Salary Disclosure Act, 1996. Salaries and benefits that have been paid by the Authority and reported to the Province of Ontario in compliance with this legislation are listed on the Ontario Ministry of Finance website at http://www.fin.gov.on.ca/en/publications/salarydisclosure/2015/ or can be provided in an alternate format upon request from the Authority.
(14) Segmented Information 2015 Watershed
Source
Resource
Watershed
Management
Protection
Planning
Stewardship
and Monitoring
Program
Conservation
Recreation
Corporate
Land
and
Services/IS
Management
Education
and Motor
Other
Total
-
$ 10,548,000
Pool Revenue: Levies Grants User fees and
$
4,575,095
$
-
$
1,017,032
$ 1,780,800
$
162,700
$
291,300
$ 2,721,073
$
1,745,042
1,532,692
114,568
1,167,284
543,495
49,973
112,500
615
5,266,169
75,598
-
894,624
740,544
3,778,468
8,660,536
-
555,705
14,705,475
-
-
-
298,142
326,672
319,220
-
34,439
978,473
6,395,735
1,532,692
2,026,224
3,986,770
4,811,335
9,321,029
2,833,573
590,759
31,498,117
2,925,147
421,329
1,549,144
1,683,218
1,682,732
4,512,548
2,745,725
24,705
15,544,548
2,126,090
1,111,363
192,733
2,289,729
2,506,396
3,315,798
1,601,701
40,786
13,184,596
1,646,758
1,203
-
16,681
207,724
642,533
603,697
-
3,118,596
-
-
-
-
-
-
(2,368,869)
-
(2,368.869)
6,697,995
1,533,895
1,741,877
3,989,628
4,396,852
8,470,879
2,582,254
65,491
29,478,871
284,347
$ ( 2,858)
850,150
$ 251,319
$ 525,268
$ 2,019,246
Other Donations Total revenue Expenses: Salaries, Wages and Employee Benefits Operating Expenses Amortization Less: Chargebacks Total expenses Annual surplus/ (deficit)
$ (302,260)
$
(1,203)
$
$
414,483
$
2014 Watershed
Source
Resource
Watershed
Management
Protection
Planning
Stewardship
and Monitoring
Program
Conservation
Recreation
Corporate
Land
and
Services/IS
Management
Education
and Motor
Other
Total
-
$ 10,292,000
Pool Revenue: Levies
$ 4,617,595
Grants
2,254,966
User fees and
$
-
$
991,232
$ 1,669,300
1,210,026
115,218
1,198,524
750
-
843,565
10,000
-
6,883,311
$
158,000
$
249,500
$ 2,606,373
$
6,427
47,539
253,945
-
5,086,645
781,189
6,312,871
7,511,606
-
438,682
15,888,663
-
292,036
139,453
158,281
12,709
34,558
647,037
1,210,026
1,950,015
3,941,049
6,616,751
7,966,926
2,873,027
473,240
31,914,345
2,739,071
394,483
1,612,901
1,564,895
1,652,365
4,251,315
2,704,724
23,686
14,943,440
2,620,221
815,543
191,119
2,312,139
2,459,874
2,969,635
1,748,595
107,972
13,225,098
1,623,843
3,749
-
15,742
198,921
653,718
691,657
114
3,187,744
-
-
-
-
-
-
(2,337,961)
-
(2,337,961)
6,983,135
1,213,775
1,804,020
3,892,776
4,311,160
7,874,668
2,807,015
131,772
29,018,321
2,305,591
92,258
$ 341,468
$ 2,896,024
Other Donations Total revenue Expenses: Salaries, Wages and Employee Benefits Operating Expenses Amortization Less: Chargebacks Total expenses Annual surplus/ (deficit)
$ (99,824)
$
(3,749)
$
145,995
$
48,273
$
$
66,012
Halton Region Conservation Authority (HRCA)
Halton
HALTON CONSERVATION AUTHORITY BUDGET INFORMATION: 10 Year Summary Description
2008
Budgeted Levy $ Increase Year over Year % Increase Year over Year Municipality
2010
2011
2012
140,660
155,968
161,126
170,683
179,660
183,700
176,398
183,030
191,610
202,030
12,520
15,308
5,158
9,557
8,977
4,040
-7,302
6,632
8,580
10,420
9.8%
10.9%
3.3%
5.9%
5.3%
2.2%
(4.0%)
3.8%
4.7%
5.4%
2017 Apportionment %
Halton C.A. Total Municipal Funding Budget
2013
2014
2015
2017 NET Preliminary Budget $
2009
2016
Levy Apportionment Outlook* 2017
2018
2019
2020
2021
2022
2023
2024
2025
100.00%
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
92.28%
8,451,896
9,051,254
10,825,533
11,279,492
11,642,641
12,016,143
12,347,496
Region of Peel
5.26%
482,116
516,305
536,001
582,649
617,514
643,409
664,124
685,429
704,330
Town of Puslinch
0.25%
23,044
24,678
25,620
27,849
29,516
30,753
31,744
32,762
33,665
City of Hamilton
2.21%
202,031
216,358
224,612
244,160
258,770
269,621
278,301
287,229
295,150
10,680
14,327
8,254
19,548
14,610
10,851
8,681
8,928
7,921
5.6%
7.1%
3.8%
8.7%
6.0%
4.2%
3.2%
3.2%
2.8%
Region of Halton
$ Increase YoY for Hamilton % Increase YoY for Hamilton
9,396,548 10,214,331
Projected Increase for Hamilton for the Period 2017 to 2025=
46.09%
*Based upon submitted 10-year municipal funding budget
HISTORICAL % APPORTIONMENTS of the MUNICIPAL LEVY Municipality
2009
2010
2011
91.28%
91.39%
91.61%
91.72%
91.85%
91.85%
92.10%
92.16%
92.22%
92.28%
Region of Peel
5.94%
5.86%
5.69%
5.62%
5.51%
5.51%
5.44%
5.37%
5.33%
5.26%
Town of Puslinch
0.23%
0.23%
0.26%
0.26%
0.24%
0.24%
0.24%
0.25%
0.25%
0.25%
City of Hamilton
2.54%
2.52%
2.44%
2.41%
2.40%
2.40%
2.22%
2.21%
2.20%
2.21%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
Region of Halton
Total
2008
2012
2013
2014
2015
2016
2017
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.
Approved – Oct. 20, 2016
Executive Summary Index Section 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.
2017 Budget Total Expenditures 2017 Budget Total Funding 2017 Budget Funding Sources 2017 Operating - Watershed Management & Support Services 2017 Operating - Conservation Areas 2017 Capital - Watershed Management & Support Services 2017 Capital - Conservation Areas Ten Year Total Expenditures and Funding Forecast Ten Year Total Watershed Management & Support Services Forecast Ten Year Capital Watershed Management and Support Services Forecast Ten Year Total Conservation Areas Forecast Ten Year Capital Conservation Areas Forecast Reserve Continuity Summary Municipal Apportionments 2017 Budget – Municipal Funding Major Drivers
Approved – Oct. 20, 2016
2017 Budget Total Expenditures Budget 2017
Total Expenditures Salaries & Benefits Materials & Supplies Purchased Services Financial & Rent expense Debt Financing Charges
$17,514,780 2,384,319 3,518,636 347,200 469,705
Internal Chargebacks Transfers to Reserves Total Operating Expenditures
Projected 2016
Budget 2016
$16,405,797 $16,800,883 2,868,232 2,420,966 3,408,891 2,936,762 392,164 325,700 458,536 458,536
Budget % inc./dec.
Actual 2015
4.2% $15,782,520 -1.5% 2,262,840 19.8% 4,024,136 6.6% 315,988 2.4% 329,279
1,079,600
1,098,050
1,138,400
-5.2%
1,034,233
438,391
658,739
814,453
-46.2%
1,201,905
25,752,631
Total Capital Expenditures
7,503,000
TOTAL EXPENDITURES
$33,255,631
Staff Complement (FTE) Permanent Temporary Total Staff Complement
147 101 249
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
-2.8 2.0 -1.6 -2.3
Approved – Oct. 20, 2016
25,290,409 24,895,700 1,626,079
2,145,000
$26,916,488 $27,040,700
146 100 246
148 103 251
3.4% 24,950,901 249.8%
3,978,595
23.0% $28,929,496
143 100 243
10.0 0.0 3.3 13.3
Section 1
2017 Budget Total Funding
Budget 2017
Total Funding Program Revenue Provincial Funding Municipal Funding Municipal Debt Financing Development fees received by Region of Halton
Projected 2016
Budget Budget % 2016 inc./dec.
$13,650,521 $13,600,731 $13,826,172 2,043,580 1,186,619 1,012,273 9,159,087 9,109,245 8,697,795 2,632,500 110,734 400,000 400,000 0 0
Actual 2015
-1.3% $13,681,294 101.9% 1,402,720 5.3% 8,318,132 558.1% 675,133 100.0% 0
Partnership Projects
1,157,731
925,298
276,300
319.0%
945,118
Other Grants and Program Funding
3,192,343
1,349,478
842,560
278.9%
2,577,976
Internal Chargebacks
1,179,600
1,114,300
1,203,400
-2.0%
1,062,776
998,000
445,382
1,058,500
-5.7%
1,211,465
Transfers from Reserves TOTAL FUNDING
$33,255,631 $26,916,488 $27,040,700
Approved – Oct. 20, 2016
23.0% $28,929,496
Section 2
2017 Budget Funding Sources PAGE 5
Federal & Provincial Funding, 11%
Program Revenue/ Other Grants & Funding/ Reserves/ Chargebacks, 54%
Municipal Debt Financing 8%
Municipal Funding, 27%
Total Budget $33,255,631; Total Municipal funding $9,159,087; Section 3
2017 Operating – Watershed Management & Support Services Budget 2017
Operating Expenditures Salaries & Benefits Materials & Supplies Purchased Services Financial & Rent expense Debt Financing Charges
$11,090,991 1,165,748 1,795,174 95,200 469,705
Projected 2016
Budget 2016
$10,132,586 $10,544,119 1,538,053 1,057,691 1,740,759 1,283,200 91,864 64,000 458,536 458,536
Budget % inc./dec.
Actual 2015
5.2% $9,469,884 10.2% 1,166,239 39.9% 2,007,175 48.8% 56,989 2.4% 329,279
Internal Chargebacks
106,400
85,150
86,400
23.1%
55,138
Transfer to Reserves
207,000
308,466
175,000
18.3%
488,336
TOTAL OPERATING EXP.- WATERSHED MGMT. & SUPPORT SERV. $14,930,218
$14,355,414 $13,668,946
9.2% $13,573,039
Funding Program Revenue Provinical Funding - Ministry of Natural Resources & Forestry Provincial Funding - Source Water Protection and Land Mgmt. Municipal Funding Other Grants and Program Funding Internal Chargebacks Transfers from Reserves & Unallocated Surplus TOTAL OPERATING FUNDING - WATERSHED & SUPPORT SERV. Staff Complement (FTE) Permanent Temporary Total Staff Complement
$3,020,462 300,311 418,269 8,404,233 1,592,343 1,179,600 15,000 $14,930,218
110.3 7.0 117.3
Increase in Staff Complement due to: Increase/(Decrease) in Permanent Staff Positions Increase/(Decrease) in Temporary staff positions Total increase in total staff complement
(2.8) 2.2 -0.5
Approved – Oct. 20, 2016
$2,858,090 300,311 532,624 8,213,941 1,336,148 1,114,300 0
$2,791,772 300,311 466,962 8,213,941 692,560 1,203,400 0
8.2% $2,495,786 0.0% 300,311 -10.4% 588,196 2.3% 7,796,834 129.9% 1,329,136 -2.0% 1,062,776 100.0% 0
$14,355,414 $13,668,946
9.2% $13,573,039
107.8 3.8 111.6
113.0 4.8 117.4
107.3 3.8 111.1
10.0 1.3 11.3
Section 4
2017 Operating – Conservation Areas Budget 2017
Operating Expenditures Salaries & Benefits Materials & Supplies Purchased Services Financial & Rent expense
$6,423,789 1,218,571 1,723,462 252,000
Projected 2016
Budget 2016
$6,273,211 $6,256,764 1,330,179 1,363,275 1,668,132 1,653,562 300,300 261,700
Budget % inc./dec.
Actual 2015
2.7% $6,312,637 -10.6% 1,096,601 4.2% 2,016,961 -3.7% 258,998
Internal Chargebacks
973,200
1,012,900
1,052,000
-7.5%
979,095
Transfer to Reserves - Operating Surplus
231,391
350,273
639,453
-63.8%
713,570
TOTAL OPERATING EXPENDITURES - CONSERVATION AREAS
$10,822,413
$10,934,995 $11,226,754
-3.6% $11,377,862
Program Revenue Municipal Funding - Education
$10,630,059 192,354
$10,742,641 $11,034,400 192,354 192,354
-3.7% $11,185,508 0.0% 192,354
TOTAL OPERATING FUNDING - CONSERVATION AREAS
$10,822,413
$10,934,995 $11,226,754
-3.6% $11,377,862
Funding
Staff Complement (FTE) Permanent Temporary Total Staff Complement
37.2 94.4 131.6
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
2.0 -3.8 -1.8
Approved – Oct. 20, 2016
38.1 96.3 134.4
35.2 98.2 133.5
35.2 96.3 131.5
0.0 2.0 2.0
Section 5
2017 Capital – Watershed Management & Support Services Budget 2017
Capital Expenditures Dams & Channels Major Repair Projects** Dams and Channels Major Repair Project - Kelso Dam** Dams and Channels Maintenance Projects** Flood Forecasting and Warning Program GIS Technology Upgrades Integrated Watershed Management Planning Watershed Integrated Database Management System Watershed Plan Implementation Property Acquisition and donations Administration Office Renovations Information Technology Infrastructure Conservation Halton Foundation Funded Capital Projects Vehicle and Equipment Replacement Emerald Ash Borer Other (Land Securement Strategy, Ice Storm) Transfer to Reserves (Interest on Reserves)
Projected 2016
$0 5,265,000 385,000 110,000 80,000 25,000 75,000 0 0 0 80,000 100,000 263,000 400,000 0 0
$21,467 590,000 95,900 75,000
TOTAL CAPITAL EXP. - WATERSHED MGMT & SUPPORT SERVICES $6,783,000
Budget 2016
Budget % inc./dec.
Actual 2015
25,000 0
$0 $0 490,000 75,000 0 0 0 120,000 0 400,000 80,000 100,000 0 0 0 0
0.0% 100.0% -21.4% 46.7% 100.0% 100.0% 100.0% -100.0% 0.0% -100.0% 0.0% 0.0% 100.0% 100.0% 0.0% 0.0%
$820,974 $147,612 59,840 25,000 0 0 0 130,956 881,972 543,507 69,262 18,795 174,535 0 23,702 40,900
$1,228,642
$1,265,000
436.2%
$2,937,054
$1,325,000 562,500 2,632,500 400,000 100,000 0 1,500,000 0 263,000
$353,684 702,950 110,734 0 0 13,330 47,945 0
$245,000 291,500 400,000 0 100,000 0 50,000 178,500 0
440.8% 93.0% 558.1% 100.0% 0.0% 0.0% 2900.0% -100.0% 100.0%
$514,213 328,944 675,133 0 18,795 881,972 94,445 278,861 144,692
TOTAL CAPITAL FUNDING - WATERSHED MGMT & SUPPORT SERV. $6,783,000
$1,228,642
$1,265,000
436.2%
$2,937,054
150,000 0 147,945 110,000 0 13,330
Funding Provincial Funding (**assumes a 50% estimated grant) Municipal Funding - Capital Municipal Debt Financing Development fees received by Region of Halton Conservation Halton Foundation Funding Contributions and Proceeds received for Land Acquisition Other Grants, Recoveries and Interest Transfer from Reserves - Watershed, Building & Debt Transfer from Reserve - Vehicle & Eqpt.; Watershed Capital
Approved – Oct. 20, 2016
Section 6
2017 Capital – Conservation Areas Budget 2017
Capital Expenditures
Projected 2016
Budget 2016
Budget % inc./dec.
Conservation Areas Infrastructure Crawford Lake Longhouse Glen Eden Ski Area Vehicle and Equipment Replacement Transfer to Reserves - Reserve Loan Payback and Interest
$255,000 0 400,000 65,000 0
$256,000 20,000 121,437 0 0
$230,000 10.9% 0 0.0% 600,000 -33.3% 0 100.0% 50,000 -100.0%
TOTAL CAPITAL EXPENDITURES - CONSERVATION AREAS
$720,000
$397,437
$880,000
0 720,000
0 397,437
0 880,000
$720,000
$397,437
$880,000
Actual 2015 $361,353 31,712 478,650 143,926 25,900
-18.2% $1,041,541
Funding Other Grants, Recoveries and Interest - Conservation Areas Transfer from Conservation Areas Capital Reserve TOTAL CAPITAL FUNDING - CONSERVATION AREAS
Approved – Oct. 20, 2016
0.0% -18.2%
253,629 787,913
-18.2% $1,041,541
Section 7
Ten Year Total Expenditures and Funding Forecast Total Funding and Expenditures Total Operating - Watershed Mgmt & Supp. Serv. Total Operating - Conservation Areas Total Operating Total Capital - Watershed Mgmt & Support Serv. Total Capital - Conservation Areas Total Capital TOTAL
Municipal Funding - Total Percentage Increase - Total Muncipal Funding Assessment Growth Percentage Increase After Assessment Growth
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
$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 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 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 6,783,000 720,000
3,479,000 1,651,000
3,472,000 5,256,000
2,430,000 5,352,000
2,886,000 3,019,000 3,015,000 1,893,000 11,036,000 1,145,000
2,985,000 1,108,000
3,044,000 3,045,000 592,000 2,304,000
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
$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
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 5.3% 7.1% 3.8% 8.7% 6.0% 4.2% 3.2% 3.2% 2.8% 3.2% 1.7% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 1.5% 3.6% 5.6% 2.3% 7.2% 4.5% 2.7% 1.7% 1.7% 1.3% 1.7%
Approved – Oct. 20, 2016
Section 8
Ten Year Total Watershed Management & Support Services Forecast Total Expenditures - Watershed Management & Supp. Serv. Salaries & Benefits Materials & Supplies Purchased Services Financial and Rent Debt Financing Charges Strategic Initiatives Internal Chargebacks Transfers to Reserves Total Operating Expenditures Total Capital Expenditures
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
$ 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 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 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 95,200 97,100 99,000 101,000 103,000 105,100 107,200 109,300 111,500 113,699 469,705 619,662 690,647 724,856 718,399 730,742 719,177 720,930 682,409 634,753 200,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 106,400 108,600 110,800 113,100 115,200 117,500 119,900 122,300 124,800 127,300 207,000
100,000
100,000
100,000
100,000
100,000
125,000
150,000
150,000
175,000
14,930,218 6,783,000
15,633,575 3,479,000
16,069,460 3,472,000
16,561,269 2,430,000
17,025,612 2,886,000
17,588,555 3,019,000
18,102,190 3,015,000
18,710,743 2,985,000
19,202,722 3,044,000
19,795,065 3,045,000
TOTAL EXPENDITURES - WATERSHED MANAGEMENT & SUPP. 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
Total Funding - Watershed Management & Support Services User Fees Minister Natural Resources & Forestry - Operating and Capital Municipal Funding - Total Operating and Capital Development fees received by Region of Halton Other Grants and Program Funding Internal Chargebacks Debt Financing Conservation Halton Foundation Funding Transfer from Reserves - Motor Pool & Equipment, Building Transfer from Reserves Transfer from Reserves
$ 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 1,625,311 1,332,311 1,284,311 660,311 837,811 837,811 837,811 837,811 837,811 837,811 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 13,806,285 400,000 400,000 400,000 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 2,321,369 987,246 2,632,500 100,000 263,000 15,000
1,280,300 898,000 100,000 155,000 15,000
1,305,400 886,500 100,000 150,000 15,000
1,331,000 327,500 100,000 150,000 15,000
1,357,100 287,500 100,000 146,000 15,000
1,458,700 287,500 100,000 148,000 15,000
1,487,400 287,500 100,000 133,000 15,000
1,517,700 287,500 100,000 97,000 15,000
1,548,600 287,500 100,000 150,000 15,000
1,580,100 287,500 100,000 146,000 15,000
278,000
170,000
165,000
165,000
161,000
163,000
148,000
112,000
165,000
161,000
TOTAL FUNDING - WATERSHED MANAGEMENT & SUPPORT SERVICES $ 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 Funding - Total Operating and Capital (incl. Education) Percentage Increase - Total Muncipal Funding Assessment Growth Percentage Increase After Assessment Growth
9,159,087 5.3% 1.7% 3.6%
9,808,595 7.1% 1.5% 5.6%
10,182,780 3.8% 1.5% 2.3%
11,068,989 8.7% 1.5% 7.2%
11,731,332 6.0% 1.5% 4.5%
Approved – Oct. 20, 2016
12,223,275 4.2% 1.5% 2.7%
12,616,810 3.2% 1.5% 1.7%
13,021,563 3.2% 1.5% 1.7%
13,380,642 2.8% 1.5% 1.3%
13,806,285 3.2% 1.5% 1.7%
Section 9
Ten Year Capital Watershed Management & Support Services Forecast Capital - Watershed Management and Support Services Expenditures Kelso Dam Major Repair Project Scotch Block Dam Major Repair Project** Hilton Falls Dam Major Repair Project** Mountsberg Dam Major Repair Project** Channels Major Repair Projects** Dams and Channels Maintenance Projects**
2017
2018
$ 5,265,000 300,000
300,000 236,000 1,260,000 268,000
1,193,000 520,000
5,565,000
2,064,000
1,968,000
720,000
1,075,000
1,075,000
1,075,000
1,075,000
1,075,000
1,075,000
85,000 110,000 400,000 100,000 80,000 80,000 25,000 75,000 263,000
160,000 200,000 50,000 400,000 100,000 250,000 75,000 25,000 -
163,000 191,000 50,000 400,000 50,000 100,000 250,000 75,000 25,000 50,000 150,000
166,000 194,000 250,000 50,000 400,000 50,000 100,000 250,000 75,000 25,000 150,000
169,000 196,000 250,000 100,000 400,000 50,000 100,000 250,000 75,000 25,000 50,000 146,000
172,000 199,000 250,000 125,000 400,000 150,000 100,000 250,000 75,000 25,000 50,000 148,000
175,000 107,000 250,000 225,000 400,000 150,000 100,000 250,000 75,000 25,000 50,000 133,000
179,000 109,000 250,000 275,000 400,000 100,000 100,000 250,000 75,000 25,000 50,000 97,000
183,000 111,000 250,000 275,000 400,000 100,000 100,000 250,000 75,000 25,000 50,000 150,000
187,000 112,000 250,000 275,000 400,000 100,000 100,000 250,000 75,000 25,000 50,000 146,000
Subtotal Dams and Channels Major Maintenance Capital Project Administration Chargeback (2017 1 FTE; 2018-2026 1.6 FTE) Flood Forecasting & Warning Program Watershed Plan Implementation Natural Heritage System and Land Management Forest Management - Emerald Ash Borer Glenorchy, Clappison Woods & New Lands Capital Development Capital Projects - Conservation Halton Foundation Funded Information Technology Infrastructure Geographic Information System and Management Integrated Watershed Management Planning Watershed Integrated Database Management System Facility Renovations Vechicle and Equipment Replacement
2019 $
155,000
60,000 195,000
2020
2021
2022
2023
2024
2025
2026
- $ 255,000 400,000 65,000
- $ - $ - $ - $ - $ 575,000 575,000 575,000 575,000 575,000 575,000 500,000 500,000 500,000 500,000 500,000 500,000
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 - Funding 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 Funding 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 Development Fees Received by Region of Halton 400,000 400,000 400,000 Municipal Debt Financing - 50% of Dams and Channels Repair Projects 2,632,500 898,000 886,500 327,500 287,500 287,500 287,500 287,500 287,500 287,500 Transfer from Reserves 263,000 155,000 150,000 150,000 146,000 148,000 133,000 97,000 150,000 146,000 Other Funding and Grants - Kelso Dam 1,500,000 Conservation Halton Foundation Funding 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 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 Funding - Capital Percentage Increase - Capital Muncipal Funding Assessment Growth Percentage Increase After Assessment Growth
$
562,500 $ 93.0% 1.7% 91.3%
894,000 $ 58.9% 1.5% 57.4%
951,500 $ 6.4% 1.5% 4.9%
1,492,500 $ 56.9% 1.5% 55.4%
Approved – Oct. 20, 2016
1,815,000 $ 21.6% 1.5% 20.1%
1,946,000 $ 7.2% 1.5% 5.7%
1,957,000 $ 0.6% 1.5% -0.9%
1,963,000 $ 0.3% 1.5% -1.2%
1,969,000 $ 0.3% 1.5% -1.2%
1,974,000 0.3% 1.5% -1.2%
Section 10
Ten Year Total Conservation Areas Forecast Total Conservation Areas Expenditures Salaries & Benefits Materials & Supplies Purchased Services Financial and Rent Internal Chargebacks Transfer to Reserves Total Operating Expenditures Total Capital Expenditures TOTAL EXPENDITURES - CONSERVATION AREAS
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
$ 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 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 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 2,059,462 252,000 257,000 262,000 267,000 272,000 277,000 283,000 289,000 295,000 301,000 973,200 231,391
1,142,700 132,478
10,822,413 11,145,000 720,000 1,651,000
1,165,600 400,578
1,188,900 689,278
11,696,000 12,275,000 5,256,000 5,352,000
1,212,700 998,478
1,312,000 1,255,178
12,883,000 13,521,000 1,893,000 11,036,000
1,338,300 1,339,878
1,365,200 1,427,978
1,392,600 1,519,578
1,420,600 1,614,578
13,924,000 14,339,000 14,767,000 15,207,000 1,145,000 1,108,000 592,000 2,304,000
$ 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 Funding 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 192,354 196,000 200,000 204,000 208,000 212,000 216,000 220,000 224,000 228,000 Development Fees Received by Region of Halton - 351,000 3,800,000 4,250,000 1,025,000 7,682,000 165,000 227,000 10,000 33,000 Conservation Halton Foundation and Other Grant Funding 500,000 250,000 - 2,500,000 Transfer from Reserves for Facilty, Infrastructure, Vehicles & Equip. 720,000 1,300,000 956,000 852,000 868,000 854,000 980,000 881,000 582,000 2,271,000 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
Approved – Oct. 20, 2016
Section 11
Ten Year Capital Conservation Areas Forecast Capital Expenditures-Conservation Areas
2017
Vehicle and equipment replacement Kelso/Glen Eden Water Distribution and Collection Kelso Recreation and Trail Centre Crawford Lake Visitor Centre and Education Facility Facility and Infrastructure Major Maintenance Skihill Improvements Park Master Plans Capital Project Administration Chargeback (2018-2026 .4 FTE) Information Technology Infrastructure
2018
65,000
180,000
2019
155,000 3,800,000
2020
2021
-
70,000
4,500,000
1,000,000
300,000 450,000 50,000 52,000 -
145,000 550,000 50,000 53,000 25,000 -
2022
2023
-
2024
2025
2026
75,000
-
150,000
-
750,000 50,000 54,000 182,000 -
400,000 400,000 50,000 55,000 165,000 -
175,000 650,000
175,000 200,000
180,000 2,000,000
56,000 227,000 -
57,000 10,000 -
58,000 33,000 -
10,000,000
Total Conservation Areas Capital Expenditures
205,000 400,000
190,000 880,000
50,000 -
50,000 351,000 -
270,000 930,000 50,000 51,000 -
720,000
1,651,000
5,256,000
5,352,000
1,893,000
11,036,000
1,145,000
1,108,000
592,000
2,304,000
720,000
351,000 1,300,000
3,800,000 500,000 956,000
4,250,000 250,000 852,000
1,025,000 868,000
7,682,000 2,500,000 854,000
165,000 980,000
227,000 881,000
10,000 582,000
33,000 2,271,000
720,000
1,651,000
5,256,000
5,352,000
1,893,000
11,036,000
1,145,000
1,108,000
592,000
2,304,000
231,769 $ 400,578 (3,800,000) 3,800,000 500,000
176,347 $ 689,278 (4,500,000) 4,250,000 250,000
13,625 $ 144,103 $ 545,281 $ 905,159 $ 1,452,137 $ 2,389,715 998,478 1,255,178 1,339,878 1,427,978 1,519,578 1,614,578 (1,025,000) (10,182,000) (165,000) (227,000) (10,000) (33,000) 1,025,000 7,682,000 165,000 227,000 10,000 33,000 2,500,000 -
(956,000)
(852,000)
Capital Funding - Conservation Area Development Fees Received by Region of Halton Conservation Halton Foundation and Other Grant Funding Transfer from Reserves for Facilty, Infrastructure, Vehicles & Equip. Total Conservation Area Capital Funding
Conservation Area Capital Projects Reserve Continuity Reserve Balance, beginning of year Transfer to Reserves - Conservation Area Operating Surplus Capital Projects funded partly by Development Fees - Region of Halton Development Fees received through Region of Halton Conservation Halton Foundation and Other Grant Funding Transfer from Reserve Facility, Infrastructure, Vehicle & Eqpt Capital Expenditures Reserve Balance, end of year (minimum amount $150,000)
$
1,887,900 $ 1,399,291 $ 231,391 132,478 (50,000) (351,000) 50,000 351,000 (720,000)
$
1,399,291 $
(1,300,000) 231,769 $
176,347 $
13,625 $
Approved – Oct. 20, 2016
(868,000)
(854,000)
(980,000)
(881,000)
(582,000)
(2,271,000)
144,103 $
545,281 $
905,159 $ 1,452,137 $ 2,389,715 $ 1,733,293
Section 12
Reserve Continuity Summary Reserve
2016 Projected
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026 Balance Balance per
WATERSHED MANAGEMENT & SUPPORT SERVICES 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
169,875
194,875
219,875
244,875
269,875
294,875
319,875
344,875
369,875
394,875
Watershed Mgmt - Capital (Self Gen.)
102,311
102,311
102,311
102,311
102,311
102,311
102,311
102,311
102,311
102,311
102,311
Watershed Mgmt - Revenue Stabilization
263,035
263,035
263,035
263,035
263,035
263,035
263,035
263,035
263,035
263,035
263,035
Debt Financing Charges
133,991
133,991
133,991
133,991
133,991
133,991
133,991
133,991
133,991
133,991
133,991
Legal
209,791
209,791
209,791
209,791
209,791
209,791
209,791
209,791
209,791
209,791
209,791
Community Outreach
214,111
199,111
184,111
169,111
154,111
139,111
124,111
109,111
94,111
79,111
64,111
Land and Property Management
127,000
127,000
127,000
127,000
127,000
127,000
127,000
127,000
127,000
127,000
127,000
-
82,000
82,000
82,000
82,000
82,000
82,000
82,000
82,000
82,000
82,000
640,168
640,168
640,168
640,168
640,168
640,168
640,168
640,168
640,168
640,168
640,168
1,887,900
1,399,291
231,769
176,347
13,625
144,103
545,281
905,159
1,452,137
2,389,715
1,733,293
Partnership Projects CONSERVATION AREAS Conservation Area - Revenue Stabilization
Conservation Area - Capital Projects 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
Approved – Oct. 20, 2016
Section 13
Municipal Apportionments
Municipality
2017 Increase /Decr. %
2017 Apportionment %
2017 Municipal Operating Funding $
2017 Municipal Capital Funding $
2017 Total Municipal Funding $
2016 Total Municipal Funding $
2017 Municipal Funding Increase /Decrease
Halton
5.4%
92.2788%
$7,932,827
$519,068
$8,451,896
$8,021,307
$430,589
Peel
4.1%
5.2638%
$452,507
$29,609
$482,116
$463,001
$19,115
Hamilton
5.4%
2.2058%
$189,624
$12,408
$202,031
$191,612
$10,419
Puslinch
5.3%
0.2516%
$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
Approved – Oct. 20, 2016
Section 14
2017 Budget – Municipal Funding Major Drivers 2017 Municipal Funding increase of 5.3%
$461,000
Major Drivers: Staff - Compensation and benefit increases Debt Financing Charges
$179,000 11,000 271,000
Capital Projects
2017 Indicators: Compensation Inflation Adjustment Inflation Watershed Assessment Growth (estimate)
Approved – Oct. 20, 2016
1.5% 1.5% 1.7%
Section 15
Financial Statements of
CONSERVATION HALTON Year ended December 31, 2015
CONSERVATION HALTON Financial Statements Year ended December 31, 2015
Independent Auditors’ Report Statement of Financial Position .............................................................................................................. 1 Statement of Operations and Change in Accumulated Surplus............................................................. 2 Statement of Changes in Net Financial Assets ...................................................................................... 3 Statement of Cash Flows ....................................................................................................................... 4 Notes to Financial Statements .......................................................................................................... 5-17
KPMG LLP 115 King Street South 2nd Floor Waterloo ON N2J 5A3
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INDEPENDENT AUDITORS’ REPORT To the Directors of Conservation Halton We have audited the accompanying financial statements of Conservation Halton (“the Entity”) which comprise the statement of financial position as at December 31, 2015 and the statements of operations and change in accumulated surplus, changes in net financial assets and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian public sector accounting standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform an audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the Entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
KPMG LLP, is a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. KPMG Canada provides services to KPMG LLP.
Page 2
Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Conservation Halton as at December 31, 2015, and its consolidated results of operations and the changes in net financial assets and its cash flows for the year then ended in accordance with Canadian public sector accounting standards.
Chartered Professional Accountants, Licensed Public Accountants
April 29, 2016 Waterloo, Canada
CONSERVATION HALTON Statement of Operations and Change in Accumulated Surplus Year ended December 31, 2015, with comparative information for 2014 2015 Budget Revenue: Municipal grants - operating Ministry of Natural Resources, transfer payments User fees and sales: Management/protection of public assets Communications Watershed environmental services Conservation areas Corporate services Special programs and projects Source water protection Major projects Total revenue Expenses: Management/protection of public assets Communications Watershed environmental services Conservation areas Corporate services Special programs and projects Source water protection Major projects Debt financing charges Total expenses Annual surplus (note 9) Accumulated surplus, beginning of year Accumulated surplus, end of year
$
7,989,189
2015 Actual
$
7,989,189
2014 Actual
$
7,653,647
285,311
300,311
300,311
403,600 2,060,704 10,653,250 87,594 172,000 348,956 995,500 22,996,104
476,131 20,909 2,462,989 11,185,507 79,701 945,119 456,813 1,233,998 25,150,667
662,152 19,325 1,750,776 11,462,865 103,800 631,535 450,856 2,819,646 25,854,913
4,306,429 804,729 3,569,435 9,638,588 3,216,416 172,000 362,956 530,000 88,810 22,689,363
4,252,224 813,987 3,940,753 10,404,613 3,244,105 743,496 470,421 772,492 69,244 24,711,335
4,315,125 815,249 2,848,685 10,019,438 3,052,863 586,435 462,308 689,657 56,793 22,846,553
306,741
439,332
3,008,360
65,773,800
62,765,440
$ 66,213,132
$ 65,773,800
See accompanying notes to financial statements.
2
CONSERVATION HALTON Statement of Changes in Net Financial Assets Year ended December 31, 2015, with comparative information for 2014 2015 Budget Annual surplus Acquisition of tangible capital assets Amortization of tangible capital assets Proceeds on disposal of tangible capital assets Loss on disposal of tangible capital assets
$
Change in prepaid expenses Change in inventories Net change in net financial assets Net financial assets, beginning of year Net financial assets, end of year
$
306,741 (3,823,000) 1,627,000 (1,889,259)
2015 Actual $
439,332 (3,333,260) 1,625,861 49,110 3,103 (1,215,854)
2014 Actual $ 3,008,360 (3,851,943) 1,570,124 21,399 50,364 798,304
(1,889,259)
16,796 (44,020) (1,243,078)
(152,799) (22,352) 623,153
2,179,506
2,179,506
1,556,353
936,428
$ 2,179,506
290,247
$
See accompanying notes to financial statements.
3
CONSERVATION HALTON Statement of Cash Flows Year ended December 31, 2015, with comparative information for 2014 2015
2014
Cash provided by (used in): Operating activities: Annual surplus Items not involving cash: Amortization Loss on disposal of tangible capital assets
$
439,332
$
1,625,861 3,103 2,068,296
Change in non-cash working capital balances: Accounts receivable Prepaid expenses Inventory Accounts payable and accrued charges Vacation pay and accumulated time entitlements Deferred revenue Deferred revenue - capital and major projects
3,008,360 1,570,124 50,364 4,628,848
(97,789) 16,796 (44,020) 83,273 (28,845) (711,623) (350,841) 935,247
(105,169) (152,799) (22,352) 479,981 31,907 1,185,615 (26,623) 6,019,408
(3,333,260) 49,110 (3,284,150)
(3,851,943) 21,399 (3,830,544)
(1,104,498) (263,292) (1,367,790)
(1,104,498) (230,802) (1,335,300)
1,367,789 1,555,197 (260,035) 2,662,951
1,335,300 136,900 (206,399) 1,265,801
Net change in cash and cash equivalents
(1,053,742)
2,119,365
Cash and short-term investments, beginning of year
11,808,963
9,689,598
Cash and short-term investments, end of year
$ 10,755,221
$ 11,808,963
Compromised of: Cash Short-term investments
$
741,061 10,014,160 $ 10,755,221
$
$
$
Capital transactions: Acquisition of tangible capital assets Proceeds on disposal of tangible capital assets
Investing activities: Investment - Water Management System Investment revenue - Water Management System
Financing transactions: Deferred revenue - Water Management System Proceeds from long-term debt Repayment of long-term debt
Supplemental cash flow information: Investment revenue
184,741
518,263 11,290,700 $ 11,808,963
126,013
See accompanying notes to financial statements. 4
CONSERVATION HALTON Notes to Financial Statements Year ended December 31, 2015
Purpose of Organization: Conservation Halton is established under the Conservation Authorities Act of Ontario to further the conservation, restoration, development and management of natural resources, exclusive of gas, oil, coal and minerals for the watersheds within its area of jurisdiction. The watersheds include areas in the Regions of Halton and Peel, the Township of Puslinch and the City of Hamilton. Conservations Halton’s mission is to protect and enhance the natural environment from lake to escarpment for present and future generations. 1. Significant accounting policies: (a) Basis of accounting: The financial statements of Conservation Halton are prepared by management in accordance with the Chartered Professional Accountants of Canada Public Sector Accounting Handbook for local government. Revenues and expenses are reported on the accrual basis of accounting. The accrual basis of accounting recognizes revenues as they become available and measureable; expenses are recognized as they are incurred and measureable as a result of receipt of goods or services and the creation of a legal obligation to pay. These financial statements do not include the activities of the Conservation Halton Foundation, a related incorporated registered charity with a mission to raise funds and profile for Conservation Halton projects and programs. (b) Short-term investments and investments - Water Management System: Short-term investments and investments - water management system are recorded at the lower of cost and market value based on quoted market prices. Losses are recorded when the decline in market value is other than temporary. (c) Tangible capital assets: Tangible capital assets are recorded at cost less accumulated amortization. Costs include all amounts that are directly attributable to acquisition or construction of the tangible capital asset including transportation costs, installation costs, design and engineering fees, legal fees and site preparation costs. Contributed tangible capital assets are recorded at fair value at the time of the donation, with a corresponding amount recorded as revenue on the same basis as the amortization expense related to the acquired tangible capital assets. Assets under construction are not amortized and are transferred into their relative asset category when available for productive use. Amortization is recorded on either a straight-line basis over the estimated life of the assets or by using the declining balance method.
5
CONSERVATION HALTON Notes to Financial Statements, continued Year ended December 31, 2015
1. Significant accounting policies (continued): (c) Tangible capital assets (continued): The following rates are used: Asset
Basis
Land improvements Buildings and building improvements Machinery and equipment Furniture and fixtures Infrastructure Vehicles Computer hardware and software
Straight-line Straight-line Straight-line Straight-line Straight-line Declining balance Straight-line
Useful Life - Years 30 to 50 years 25 to 50 years 5 to 40 years 5 to 20 years 20 to 75 years 30% 5 to 10 years
(d) Reserves: Reserves for future expenses and contingencies are established as required using the estimates of management. Increases or decreases in these reserves are made by appropriations to or from operations. (e) Inventory: Inventory is valued at the lower of cost and net realizable value. Cost is determined using specific identification of the cost of the individual items. (f) Deferred revenue - Capital and Major Projects: Conservation Halton receives certain amounts for which the related services have yet to be performed. These amounts are recognized as revenue in the fiscal year the related expenses are incurred or services performed. Funds received for the purchase of tangible capital assets are recognized when the related asset is purchased. (g) Deferred revenue - Water Management System: Conservation Halton is receiving funds for expenses to be incurred for the future operation of a water management system and management of certain lands. These funds are externally restricted and cannot be drawn until Conservation Halton commences management of the lands. These amounts will be recognized as revenues when the relating expenses are incurred or management services performed.
6
CONSERVATION HALTON Notes to Financial Statements, continued Year ended December 31, 2015
1. Significant accounting policies (continued): (h) Revenue recognition: Municipal levies, government transfers and funding for projects are recognized as revenue when the transfer is authorized, any eligible criteria has been met and the amount can be reasonably estimated. User charges and fees are recognized as revenue in the period in which the related services are performed. (i) Use of estimates: The presentation of financial statements in conformity with Canadian public sector accounting standards requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from management’s best estimates as additional information becomes available in the future. (j) Adoption of new accounting standard: Conservation Halton adopted Public Sector Accounting Board Standard PS 3260 Liability for Contaminated Sites effective April 1, 2014. Contaminated sites are defined as the result of contamination being introduced in air, soil, water or sediment of a chemical, organic or radioactive material or live organism that exceeds an environmental standard. A liability for remediation of contaminated sites is recognized, net of any expected recoveries, when all of the following criteria are met: (a) an environmental standard exists (b) contamination exceeds the environmental standard (c) the organization is directly responsible or accepts responsibility for the liability (d) future economic benefits will be given up, and (e) a reasonable estimate of the liability can be made This Standard relates to sites that are not in productive use and sites in productive use where an unexpected event resulted in contamination. Conservation Halton adopted this standard on a retroactive basis and there were no adjustments as a result of the adoption of this standard.
7
CONSERVATION HALTON Notes to Financial Statements, continued Year ended December 31, 2015
2. Short-term investments: 2015 Business investment account Guaranteed investment certificates Pooled funds
$
1,239,656 4,500,000 4,274,504
Total
$ 10,014,160
2014 $
2,605,319 4,500,000 4,185,381
$ 11,290,700
The guaranteed investment certificates have effective rates of 1.15% to 1.55% (2014 - 1.25% to 1.50%). Interest is receivable on the date of maturity. Maturity dates range from March 31, 2016 to January 16, 2017. The business investment account and pooled funds (which include money market, bond and equity funds) earn interest at variable rates which is paid monthly. 3. Investment/Deferred revenue - Water Management System: Conservation Halton entered into an agreement for the transfer of a Water Management System and its long-term operation with an estimated time line of 2063. The agreement is based on the principle that the net costs associated with ongoing operation, maintenance and performance of the Water Management System will not be a financial liability to Conservation Halton. To ensure that Conservation Halton should not have a net financial liability for the management of the water system, Conservation Halton will be receiving amounts from 2008 to 2017, as part of the agreement. The amounts received are to be invested in accordance with Municipal Act Regulations and will be managed by an Investment Committee as required by the agreement. At the time of transfer, Conservation Halton will be able to draw on the funds, only to facilitate the management of the water system. The funds are invested as follows: 2015 Cash Provincial and provincially regulated agency bonds Guaranteed investment certificates
$
125 5,577,393 2,239,332
Total
$ 7,816,850
2014 $
294 5,337,507 1,111,259
$ 6,449,060
The Provincial and provincially regulated agency bonds have effective yields of 4.07% to 5% (2014 - 4.07% to 5.00%). Interest is receivable on the date of maturity. Maturity dates range from January 13, 2020 to July 16, 2028. The guaranteed investment certificate has an effective interest rate of 1.45% (2014 - 1.33%). Interest is receivable on the date of maturity. Maturity dates range from November 14, 2016 to January 16, 2017. 8
CONSERVATION HALTON Notes to Financial Statements, continued Year ended December 31, 2015
4. Accounts receivable: Included in accounts receivable is $139,983 (2014 - $139,037) due from Conservation Halton Foundation.
5. Deferred revenue:
Watershed Environmental Services Special Programs and Projects Source Water Protection Glen Eden
Balance at December 31, 2015
Additions
Revenue recognized
Balance at December 31, 2014
$ 2,039,275
$ 1,107,229
$ 1,543,400
$ 2,475,446
755,387 158,391 2,672,006
643,246 288,423 6,539,503
859,497 463,066 6,424,061
971,638 333,034 2,556,564
$ 5,625,059
$ 8,578,401
$ 9,290,024
$ 6,336,682
Additions to deferred revenue includes contributions from external parties and payments for annual passes and lesson programs received during the year pertaining to the following year.
6. Deferred revenue - capital and major projects: Balance at December 31, 2015 Capital - Ministry of Natural Resources Capital - Municipal
Contributions received
Revenue recognized
Balance at December 31, 2014
$
503,284
$
200,817 291,500
$
514,214 328,944
$
313,397 540,728
$
503,284
$
492,317
$
843,158
$
854,125
9
CONSERVATION HALTON Notes to Financial Statements, continued Year ended December 31, 2015
7. Long-term liabilities: 2015 5 year term loan at 3.5%, interest only payable during the first 36 months with a registered collateral mortgage covering 54.36 acres of land, due December 2020
$
Municipal debt financing and interest payments due annually at variable current interest rates 3.98% (2014 - 4.17%) and annual principal repayments due December 2025 $
858,000
2014
$
-
1,654,072
1,216,911
2,512,072
$ 1,216,911
Principal repayments over the next five fiscal years and thereafter are as follows:
2016 2017 2018 2019 2020 Thereafter
$
277,464 273,115 263,559 252,930 187,705 1,257,299
$ 2,512,072
10
CONSERVATION HALTON Notes to Consolidated Financial Statements (continued) Year ended December 31, 2015
8. Tangible capital assets:
2015
Cost, beginning of year Additions
Buildings Land and building Land Improvements improvements
$ 34,266,814
$
881,972
567,184
$ 13,166,528
7,887,047
572,255
265,885 (167,015)
-
(2,378)
(12,000)
Transfers
3,419
-
88,138
35,152,205
$
-
Disposals
Cost, end of year
Machinery and equipment
$
Furniture and fixtures
Infrastructure
Vehicles
424,339
$ 23,838,750
$ 2,293,774
43,731
802,911 (117,789)
-
-
-
-
Computer Assets hardware under and software construction
$
Total
1,173,496
$ 236,913
$ 83,854,845
293,992
150,760
321,754
3,333,260
(148,007)
(83,617)
-
-
564,806
13,814,921
7,985,917
468,070
24,523,872
2,439,759
1,240,639
(91,557) 467,110
(530,806) 86,657,299
Accumulated amortization, beginning of year
-
274,167
3,693,223
3,370,064
169,570
10,979,728
1,545,807
731,280
-
20,763,839
Amortization
-
12,714
326,602
371,105
20,374
535,482
231,828
127,756
-
1,625,861
Disposals Accumulated amortization, end of year
-
(2,378)
(117,789)
(125,195)
(70,946)
-
788,090
-
-
Net carrying amount, end of year $ 35,152,205
(6,960)
284,503
$
280,303
(155,325)
4,012,865
$
9,802,056
-
3,585,844
$
4,400,073
$
189,944
11,397,421
278,126
$ 13,126,451
1,652,440
$
787,319
$
452,549
$ 467,110
(478,593)
21,911,107
$ 64,746,192
11
CONSERVATION HALTON Notes to Consolidated Financial Statements (continued) Year ended December 31, 2014
8. Tangible capital assets (continued):
2014
Cost, beginning of year Additions
Buildings Land and building Land Improvements improvements
$ 32,647,989
$
1,640,417
567,184 -
Disposals
(30,553)
-
Transfers
8,961
-
Cost, end of year
$ 11,706,662
34,266,814
Machinery and equipment
$
797,328
7,803,958
$
229,002
-
Furniture and fixtures
Infrastructure
Vehicles
344,997
$ 23,172,122
$ 2,216,999
79,342
747,300 (80,672)
Computer Assets hardware under and software construction
$
1,134,775
$ 810,021
$ 80,404,707
123,999
112,020
122,535
3,851,943
(47,224)
(73,299)
(170,057)
-
662,538
24,144
-
567,184
13,166,528
7,887,047
424,339
23,838,750
2,293,744
1,173,496
-
Total
-
-
(695,643) 236,913
(401,805) 83,854,845
Accumulated amortization, beginning of year
-
261,453
3,394,076
3,134,955
151,760
10,605,790
1,317,661
658,062
-
19,523,757
Amortization
-
12,714
299,147
402,940
17,810
444,978
260,105
132,430
-
1,570,124
Disposals Accumulated amortization, end of year
-
(71,040)
(31,959)
(59,212)
-
731,280
-
-
-
Net carrying amount, end of year $ 34,226,814
-
274,167
$
293,017
(167,831)
3,693,223
$
9,473,306
-
3,370,064
$
4,516,983
$
169,570
10,979,728
254,769
$ 12,859,022
1,545,807
$
747,967
$
442,216
$ 236,913
(330,042)
20,763,839
$ 63,091,006
12
CONSERVATION HALTON Notes to Consolidated Financial Statements (continued) Year ended December 31, 2015
9. Accumulated surplus: Accumulated surplus consists of operating surplus and reserves as follows:
Surplus - investment in tangible capital assets Surplus (deficit) - current funds Total surplus
Balance at December 31, 2015
Excess of Revenue over expenses
$ 64,746,195 (3,366,192) 61,380,003
$ (1,678,074) 2,117,406 439,332
Reserves Conservation areas capital projects Conservation areas stabilization Vehicle, equipment and building Watershed management capital projects - municipal funds Watershed management capital projects - self generated funds Watershed management stabilization Capital Projects - debt financing charges Legal Community outreach Land and property Total reserves Accumulated surplus
$
Transfers (to) from reserves
Balance at December 31, 2014
3,333,260 (3,390,501) (57,241)
$ 63,091,009 (2,093,097) 60,997,912
2,078,447
-
(58,443)
2,136,890
640,168 715,900
-
10,000 (31,292)
630,168 747,192
119,875
-
26,700
93,175
280,811 263,035
-
14,500 23,035
266,311 240,000
183,991 209,791 214,111 127,000 4,833,129
-
(123,100) 3,300 190,541 2,000 57,241
$ 66,213,132
$
439,332
$
-
307,091 206,491 23,570 125,000 4,775,888 $ 65,773,800
10. Pension agreements: Conservation Halton belongs to the Ontario Municipal Employees Retirement Fund (“OMERS”), which is a multi-employer plan, on behalf of the members of its staff. This plan specifies the amount of the retirement benefit to be received by the employees based on the length of service and rates of pay. The cost of the plan is the employer’s contribution to the plan. The 2015 employer portion of OMERS pension contributions was $980,996 (2014 - $940,014).
13
CONSERVATION HALTON Notes to Consolidated Financial Statements (continued) Year ended December 31, 2015
11. Budget amounts: The 2014 budget amounts approved by Conservation Halton on October 25, 2013 were not prepared on a basis consistent with that used to report actual results under Public Sector Accounting Standards. The budget was prepared on a modified accrual basis while Public Sector Accounting Standards require a full accrual basis. The budget figures anticipated use of surpluses accumulated in previous years to reduce current year expenses in excess of current year revenues to $nil. In addition, the budget expensed all tangible capital expenses rather than including amortization expenses. As a result, the budget figure presented in the statements of operations and changes in net financial assets represent the budget adopted by Conservation Halton on October 25, 2013, with adjustments as follows: 2015 Actual
2014 Actual
Budget deficit for the year Less: Amortization of tangible capital assets Add: Acquisition of tangible capital assets Add: Debt financing charges - principal portion Less: Municipal debt financing
$ (1,494,189) (1,627,000) 3,823,000 292,430 (687,500)
$
(925,553) (1,570,000) 2,200,000 249,929 (425,000)
Budget surplus per Statement of Operations
$
$
(470,624)
306,741
12. Contingencies: Conservation Halton has been named as defendant or co-defendant in several lawsuits that have claims outstanding as at December 31, 2015. Conservation Halton anticipates any individual settlement amount will not exceed the limits of insurance coverage provided to Conservation Halton on the majority of the claims. For claims in which the claim amount exceeds the limit of insurance coverage provided to Conservation Halton the outcome is not determinable. Conservation Halton has entered into an agreement to ensure implementation of a monitoring and mitigation plan for the future rehabilitation of lands adjacent to a Provincially Significant Wetland. The agreement requires a Trust account to be established by the funder to ensure there are funds available for the rehabilitation plan implementation. Conservation Halton will be a member of the Investment Committee that will oversee management of the Trust account. A deposit to the Trust account by the funder is required to be made by march 31, 2016 for $94,936 which was completed. Conservation Halton will release their interest in the Trust account when the implementation plan is completed.
14
CONSERVATION HALTON Notes to Consolidated Financial Statements (continued) Year ended December 31, 2015
13. Commitments: Conservation Halton has entered into contracts related to projects at Glen Eden, various dam studies and repairs, and leases for office equipment and vehicles. Commitments outstanding on these contracts to be paid beyond December 31, 2015 are as follows:
2016 2017 2018 2019 2020 Thereafter
$
544,330 366,771 56,193 15,234 3,809 -
$
986,337
14. Internal financial reporting: For internal financial budget reporting purposes, administration chargebacks and contributions between internal programs are reported. The chargebacks and contributions are not separately disclosed in the Schedules of the audited financial statements. The internal chargebacks and contributions for 2014 are as follows: 2015 Budget (note 11) Administration chargebacks to: Watershed Experience: Glen Eden Conservation Areas Source Water Protection Capital Contribution from Glen Eden to Conservation Areas Total operating grants
$
588,000 384,100 9,594
2015 Actual
$
$
981,694
$
559,600 419,495 8,175
2014 Actual
$
585,100 380,730 8,982
-
120,000
987,270
$ 1,094,812
15. Comparative figures: Certain comparative figures on the statement of operations under revenue and expenses have been reclassified to conform with the financial statement presentation adopted in the current year.
15
CONSERVATION HALTON Notes to Financial Statements (continued) Year ended December 31, 2015
16. Revenue and expenses by program:
2015
Management protection of public assets Communications
Revenue: Municipal levies $ 3,164,413 Provincial transfer payments 300,311 User fees, sales and other 476,132
$
3,940,856 Expenses: Salaries, wages and benefits 2,844,757 Members per diems and expenses Utilities, materials, supplies and maintenance 753,272 Property taxes 34,166 Purchased services Legal 53,378 Minor capital Debt financing charges Amortization of tangible capital assets 592,630 Loss (gain) on disposal of tangible capital assets (25,979) 4,252,224 Excess (deficiency) of revenues over expenses, for the year
$
(311,368)
$
Watershed environmental Conservation services Areas
-
$
-
$
Debt financing charges
328,944
$ 381,239
20,909
2,462,989
11,185,507
8,175 71,526
945,119
454,890 1,923
514,214 390,840
823,638
3,705,720
11,377,861
2,058,423
945,119
456,813
1,233,998
644,367
3,298,207
6,461,903
2,508,457
173,894
430,702
-
-
-
26,903
-
168,072 -
91,622 46,400 504,524 -
1,847,688 1,232,200 504 -
321,442 160,714 41,749 -
1,548
-
840,286
-
-
813,987
3,940,753
(235,033) $
$
Major projects
$ 1,242,731
$
192,354 $ 1,978,722
Source water protection
802,729
9,651
$
Special Corporate programs Services and projects
$ 227,000 $
Total
8,318,132
-
1,277,590 15,554,945
381,239
227,000
25,150,667
302,976
-
-
16,665,263
-
-
-
-
26,903
291,232 278,370 -
26,111 -
36,196 433,320 -
69,244
-
3,535,635 34,166 2,151,004 599,651 504 69,244
177,790
-
13,608
-
-
-
1,625,862
22,032
7,050
-
-
-
-
-
3,103
10,404,613
3,244,105
743,496
470,421
772,492
69,244
-
24,711,335
(13,608) $
461,506
$ 311,995
973,248 $ (1,185,682) $ 201,623
$
-
Reserve funding
$ 227,000 $
439,332
16
CONSERVATION HALTON Notes to Financial Statements (continued) Year ended December 31, 2015
16. Revenue and expenses by program (continued):
2014
Management protection of public assets Communications
Revenue: Municipal levies $ 2,977,399 Provincial transfer payments 300,311 User fees, sales and other 662,154
$
3,939,864 Expenses: Salaries, wages and benefits 2,540,172 Members per diems and expenses Utilities, materials, supplies and maintenance 784,010 Property taxes 25,950 Purchased services Legal 49,620 Vehicle and equipment leases 429 Minor capital Debt financing charges Amortization of tangible capital assets 489,111 Loss (gain) on disposal of tangible capital assets 25,804
$
24,768
631,535
448,104 2,752
436,803 2,021,877
818,010
3,081,810
11,637,732
1,915,696
631,535
450,856
2,819,646
636,717
2,623,470
6,119,077
2,268,053
78,318
411,120
235,178
376,123 195,364 16,651
-
2,867 -
2,348
-
901,592
163,246
-
-
-
15,542
9,018
-
10,019,438
3,052,863
2,761
3,248,714
$
-
(166,904) $ 1,618,294 $ (1,137,167) $
-
138,722 369,395 -
-
815,249
$
1,715,569 1,264,791 -
-
37,361 -
-
13,827 -
586,435
45,100
-
462,308
$
$
$ 332,764
8,982 94,818
59,046 166,169 400,029
$
360,966
11,462,865
24,408
-
Debt financing charges
1,750,776
-
$
Major projects
19,325
176,184 -
174,867 $ 1,811,896
Source water protection
$ 1,331,034
-
$
Special Corporate programs Services and projects
798,685
-
3,915,096 Excess (deficiency) of revenues over expenses, for the year
Watershed environmental Conservation services Areas
135,938 318,541 -
332,764
Reserve funding
$ 227,000 $ 227,000
Total
8,014,611 1,194,200 16,646,102 25,854,913
-
-
14,912,105
-
-
24,408
-
-
3,422,953 25,950 2,314,260 466,300
-
429 2,867 56,793
56,793
-
-
-
1,570,124
-
-
-
50,364
-
22,846,553
689,657
56,793
(11,452) $ 2,129,989
$ 275,971
$ 227,000 $
3,008,360
17
Hamilton Conservation Authority (HCA)
Hamilton
HAMILTON CONSERVATION AUTHORITY BUDGET INFORMATION: 10 Year Summary
Description
HCA - Gross Funding
2008
2009
2010
2011
2012
2013
3,363,450
3,430,719
3,499,333
236,040
67,269
68,614
69,987
0
7.5%
2.0%
2.0%
2.0%
0.0%
$ Gross Increase Year over Year % Gross Increase Year over Year
2014
3,569,320 3,569,320 3,569,320
2015
2016
2017 NET Preliminary Budget $
3,569,320
3,638,400
3,674,630
3,851,470
0
0
69,080
36,230
176,840
0.0%
0.0%
1.9%
1.0%
4.8%
Total Net Municipal Levy per HCA Budget Less: Share for Puslinch Net Levy for Hamilton
3,864,472 -13,000 3,851,472
Notes:
1. Per GIC Report 14-007 dated March 19, 2014 the City transferred the lands related to Westfiled Village to the Hamilton Conservation Authority with the intent that it would continue to support the operational costs related to that facility. 2. In years prior to 2017, the Westfield budget included a management fee of approximately $108K per annum that was paid to HCA. 3. Effective 2017, the management fee previously paid to HCA is now included directly in the HCA budget in order to simplify the administrative processes. Hence, the % increase for 2017 for HCA shows at 4.8%; if the 2017 increase is adjusted for this management fee change, the net increase for HCA for 2017 is 1.8%, which is consistent per City guidelines
Westfield Heritage Village
WestField
WESTFIELD HERITAGE VILLAGE BUDGET INFORMATION: 10 Year Summary
Description
2017 NET Preliminary Budget $
2008
2009
2010
2011
2012
2013
2014
2015
2016
Westfield Heritage Custodian: Culture Division
498,430
535,833
546,554
546,554
546,554
546,554
546,600
557,500
563,100
462,500
Total Levy
498,430
535,833
546,554
546,554
546,554
546,554
546,600
557,500
563,100
462,500
$ Increase Year over Year
-89,430
37,403
10,721
0
0
0
46
10,900
5,600
-100,600
% Increase Year over Year
(15.2%)
7.5%
2.0%
0.0%
0.0%
0.0%
0.0%
2.0%
1.0%
(17.9%)
Notes:
1. Per GIC Report 14-007 dated March 19, 2014 the City transferred the lands related to Westfiled Village to the Hamilton Conservation Authority with the intent that it would continue to support the operational costs related to that facility. 2. In years prior to 2017, the Westfield budget included a management fee of approximately $108K per annum that was paid to HCA. 3. Effective 2017, the management fee previously paid to HCA is now included directly in the HCA budget in order to simplify the administrative processes. Hence, the % increase for 2017 for Westfiled Heritage Village shows a reduction of 17.9%; if the 2017 budget is adjusted for this management fee policy change, the net increase for 2017 would be 1.8%, which is consistent per City guidelines
HCA Budget Summary
CONSOLIDATED HAMIL TON REGION CONSERVATION AUTHORITY Division
Expenditures 2017
Watershed Planning
1,844,915
Land Management
4,578,437
Corporate Support
Revenues 2017
Split
Revenue Description Levy Other Revenues
1,158,453 686,462
-
4,882,117
Levy Other Revenues
4,839,767
2,595,319 2,026,068
Levy Other Revenues
Westfield Heritage Village
801;600
573,200 339,100
Levy Other Revenues
Loan Principal
196,000
Total
12,260,719 12,260,719
2016 2017 Levy Increase
4,326,972 7,933,747 12,260,719
35.29% 64.71% 100.00%
Levy other Revenues
4,250,500 4,326,972 I * 76.472 1.80%
% Increase
* Township of Puslinch will contribute $13,000 in 2017 ($12,775 in 2016)
Page 1
1 HCA Budget-2015 City Formahlsx
Grants – Other Agencies
Grants – Other Agencies
OTHER BOARDS AND AGENCIES - DISCRETIONARY GRANTS SUMMARY NET BUDGET INFORMATION: Years 2016 and 2017
Board/Agency
2016 Budget Net
2017 NET Preliminary Budget $
Change $
Change %
Hamilton Beach Rescue Unit Inc.
128,080
130,390
2,310
1.8%
Farmers' Market
107,510
109,440
1,930
1.8%
Royal Botanical Gardens
605,200
616,090
10,890
1.8%
Total - Other Boards & Agencies
840,790
855,920
15,130
1.8%
Hamilton Beach Rescue Unit (HBRU)
HBRU
HAMILTON BEACH RESCUE UNIT INCORPORATED BUDGET INFORMATION: 10 Year Summary
Description
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017 NET Preliminary Budget $
Operating portion
58,350
59,520
60,690
60,695
63,470
63,470
63,470
63,470
63,470
64,620
Capital portion
63,650
64,920
66,115
66,115
63,340
63,340
63,340
63,340
70,000
70,000
-5,390
-4,230
Less:Recover from Reserve Total Funding
122,000
124,440
126,805
126,810
126,810
126,810
126,810
126,810
128,080
130,390
$ Total Increase Year over Year
2,440
2,365
5
0
0
0
0
1,270
2,310
Operating % Increase Year over Year
2.0%
2.0%
0.0%
4.6%
0.0%
0.0%
0.0%
0.0%
1.8%
Capital % Increase Year over Year
2.0%
1.8%
0.0%
-4.2%
0.0%
0.0%
0.0%
2.0%
1.8%
Total % Increase Year over Year
2.0%
1.9%
0.0%
0.0%
0.0%
0.0%
0.0%
1.0%
1.8%
Notes: 1. Support to HBRU has its roots in an Old Regional Grant. In the 1990's, the Region had continuous, recurring requests from this group for capital funds to replace assets. 2. HBRU provides water rescue services, patrols the shoreline of Lake Ontario within City Boundaries, promote proper boat handling and water safety, performs inspections and respond to all emergency calls on waters within the City. They are affiliated with the Canadian Coast Guard. 3. Major expenses include fuel, taxes, rent, insurance and utilities. It is a Volunteer organization, so it does not incur salary costs. 4. Each year, along with the budget submission, the HBRU presents an updated 10-year capital financing plan. The fluctuations in the annual capital expense are stabilized through the use of a reserve. The annual capital contribution for 2017 is proposed at $65,770 net. 5. The estimated balance of the Hamilton Beach Rescue Reserve (110005) at the end of 2016 is projected at about $307K.
Hamilton Farmers’ Market
Farmers’ Mkt
HAMILTON FARMERS' MARKET CORPORATION BUDGET INFORMATION: 10 Year Summary
Description Gross Expenditures
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017 NET Preliminary Budget $
399,967
536,818
397,715
510,342
776,980
741,580
699,180
723,689
695,010
707,510
Revenues Earned
-502,430
-502,680
-502,680
-495,930
-541,580
-551,920
-527,929
-555,990
-587,500
-598,070
City Funding - Net
-102,463
34,138
-104,965
14,412
235,400
189,660
171,251
167,699
107,510
109,440
13,377
136,601
-139,103
119,377
220,988
-45,740
-18,409
-3,552
-60,189
1,930
-1
-4
-1
15
(19.4%)
(9.7%)
(2.1%)
(35.9%)
1.8%
$ Increase Year over Year
% Increase Year over Year
Notes:
1. In December 2014, the City of Hamilton incorporated Hamilton Farmers’ Market Corporation , a not-for-profit entity, for the purpose of operating the Market. The City is its sole voting member . The board of directors is comprised of councillors, citizen members and vendor members. 2. The City executed an Operating Agreement with the Hamilton Farmers’ Market Corporation, per Appendix “A” to Report CM12009 - GIC Date: December 2, 2015 3. Prior to its incorporation, the Hamilton Farmers' Market was operated as a part of a City department. 4. Since 2016 is the first year of the Hamilton Farmers' Market as a separate entity, there are no audited financial statements for 2015.
Royal Botanical Gardens (RBG)
RBG
ROYAL BOTANICAL GARDENS BUDGET INFORMATION: 10 Year Summary
Description
2008
2009
2010
2011
2012
580,930
587,456
599,206
599,206
599,206
$ Increase Year over Year
6,190
6,526
11,750
0
% Increase Year over Year
1.1%
1.1%
2.0%
0.0%
Total Budget
2013
2017 NET Preliminary Budget $
2014
2015
599,206
599,206
599,210
605,200
616,090
0
0
0
4
5,990
10,890
0.0%
0.0%
0.0%
0.0%
1.0%
1.8%
2016
Historical Municipal Funding Levels: Municipality
2008
2009
2010
2011
2012
City of Hamilton
580,930
587,456
599,206
599,206
599,206
Region of Halton
648,952
682,292
692,524
701,860
Total
1,229,882
2013
2014
2015
2016
2017
599,206
599,206
599,210
605,200
616,090
711,371
714,198
725,266
736,295
743,658
759,930
1,269,748 1,291,730 1,301,066 1,310,577
1,313,404
1,324,472
1,335,505
1,348,858
1,376,020
HISTORICAL % APPORTIONMENTS of the MUNICIPAL LEVY Municipality
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
City of Hamilton
47.23%
46.27%
46.39%
46.06%
45.72%
45.62%
45.24%
44.87%
44.87%
44.77%
Region of Halton
52.77%
53.73%
53.61%
53.94%
54.28%
54.38%
54.76%
55.13%
55.13%
55.23%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
Total Notes:
1. In 2003, Council approved a funding formula for the RBG in which the Region of Halton and the City of Hamilton share in the cost of the agency. The apportionment of costs is based upon the number of households and the unweighted assessment. 2. The 2017 proposed payments by Halton and Hamilton are in compliance with that agreement.
Royal Botanical Gardens 2017 Draft Budget
2016 Budget REVENUE Province of Ontario Halton Region City of Hamilton Government Operational Funding Admissions Group Tours Retail Food and Catering Net Room Rentals Programs Special Events Business Development & Major Gifts Annual Giving Membership Grants Sponsorship Other Revenue In-Kind Advertising Total Revenue EXPENSES Salaries and Benefits General and Administrative Operations Retail Cost of Sales Programs Special Events Business Development and Fundraising Marketing Sponsorship Biodiversity Expenses Maintenance Utilities Garden Maintenance In-Kind Advertising Total Expenses
Net Income
2016 Forecast
2017 Budget
Difference between 2016 & 2017 Budget
Difference between 2016 Forecast & 2017 Budget
2015 Actual
4,029,760 720,634 720,634 5,471,028
4,029,760 747,963 605,200 5,382,923
4,029,760 759,930 616,094 5,405,784
0 39,296 -104,540 -65,244
0 11,967 10,894 22,861
4,036,000 736,295 599,206 5,371,501
956,858 60,000 700,000 455,000 525,000 780,500 152,000 500,000 182,300 745,237 1,063,368 50,000 1,518,028 300,000 13,459,319
939,741 33,000 696,111 377,481 434,776 837,945 143,440 659,257 142,153 836,234 1,141,551 10,000 1,467,245 100,000 13,201,856
1,114,325 33,000 750,000 500,000 623,407 905,810 300,326 616,000 185,000 935,800 1,768,835 40,000 1,794,366 300,000 15,272,654
157,467 -27,000 50,000 45,000 98,407 125,310 148,326 116,000 2,700 190,563 705,467 -10,000 276,338 0 1,813,335
174,584 0 53,889 122,519 188,631 67,865 156,887 -43,257 42,847 99,566 627,284 30,000 327,122 200,000 2,070,797
793,802 28,569 691,458 330,689 399,939 761,567 108,494 624,147 176,787 749,839 1,265,845 0 1,105,126 28,015 12,435,777
8,374,560 969,632 205,863 350,000 159,335 403,352 101,200 459,200 2,000 736,404 722,000 540,200 128,500 300,000 13,452,246
8,213,031 853,952 178,957 348,056 157,203 500,195 173,012 518,038 800 672,960 800,812 552,268 111,814 100,000 13,181,099
8,631,491 1,114,624 372,057 375,000 234,560 866,056 335,874 520,600 0 764,118 797,941 567,000 385,400 300,000 15,264,721
256,931 144,992 166,194 25,000 75,225 462,704 234,674 61,400 -2,000 27,714 75,941 26,800 256,900 0 1,812,475
418,460 260,672 193,100 26,944 77,357 365,861 162,862 2,562 -800 91,158 -2,871 14,732 273,586 200,000 2,083,621
7,650,735 917,624 126,248 344,463 197,604 528,116 107,147 552,517 0 567,014 735,777 527,367 126,089 28,015 12,408,716
7,073
20,757
7,933
860
-12,824
27,061
Page 1
City Boards
City Boards
SUMMARY NET BUDGET INFORMATION: Years 2016 and 2017 Board/Agency
2016 Budget Net
2017 NET Preliminary Budget $
Change $
Change %
Library Operating Budget
28,815,880
29,338,870
522,990
1.8%
Capital Financing
136,950
136,950
0
0.0%
28,952,830
29,475,820
522,990
1.8%
Operating Budget
152,533,970
157,433,890
4,899,920
3.2%
Capital Financing
716,200
716,200
0
0.0%
153,250,170
158,150,090
4,899,920
3.2%
Library Total
Hamilton Police Services
Hamilton Police Services
Hamilton Public Library (HPL)
Library
HAMILTON PUBLIC LIBRARY BUDGET INFORMATION: 10 Year Summary
Description Library Funding % Operating Increase YoY
Capital Financing (in Debt Charges) Total Funding
2008 25,199,753
2009
2010
26,619,325 27,373,725
2011
2012
2013
27,748,045 28,038,610 28,038,610
2014
2015
28,082,440
28,513,728
2017 NET Preliminary Budget $ 28,815,880 29,338,870 2016
3.3%
5.6%
2.8%
1.4%
1.0%
0.0%
0.2%
1.5%
1.1%
1.8%
69,800
69,800
69,800
69,820
69,550
64,480
63,500
62,270
136,950
136,950
27,817,865 28,108,160 28,103,090
28,145,940
28,575,998
28,952,830
29,475,820
25,269,553
26,689,125 27,443,525
$ Increase Year over Year
816,173
1,419,572
754,400
374,340
290,295
-5,070
42,850
430,058
376,832
522,990
% Increase Year over Year
3.3%
5.6%
2.8%
1.4%
1.0%
(0.0%)
0.2%
1.5%
1.3%
1.8%
Attachment #9.1
Date: To: c.c.: From: Subject:
November 11, 2016 Chair and Members of the Board Paul Takala, Chief Librarian/CEO Tony Del Monaco, Director of Finance & Facilities 2017 Operating Budget Report
RECOMMENDATION: That the 2017 Operating Budget, at an increase of $518,763 or 1.8%, be approved for submission to the City of Hamilton.
FINANCIAL/STAFFING/LEGAL IMPLICATIONS: Staff have been working on the 2017 Operating Budget to meet the City of Hamilton’s budget guideline of a 1.8% increase. A 1.8% increase results in a $518,763 increase to the 2017 Operating Budget.
BACKGROUND: On September 28, 2016, Council approved sub-section (b) of Item 5 to the General Issues Committee Report 16-021, which reads as follows: 2017 Budget Guidelines, Preliminary Outlook and Process (FCS16070) (City Wide) (Item 7.3) (b) That the Boards and Agencies be requested to submit their 2017 operating budget based on a guideline of 1.8%, and that any increase beyond the guideline, be forwarded for consideration with an appropriate explanation. Over the last 6 years, the following direction has been received by Council and subsequent submissions by the Library Board: Direction
Library
2011
2.0%
0.7%
2012
0.0%
1.0%
2013
0.0%
0.0%
2014
0.0%
0.2%
2015
-----
1.5%
2016
1.0%
1.0%
Page 2 of 3
Attachment #9.1
The 2017 Operating Budget is currently at a requested municipal contribution of $29,338,923 which is an increase of $518,763 or 1.8% over the 2016 Restated Operating Budget of $28,820,160.
What 1.8% looks like The Board passed a Statement on Sustainability, committing the library to maintaining investment in 5 key areas. Those key areas include: Collections; Programs and Services; Facilities; Technology; and Staff. To attain a 1.8% increase, requirements in those 5 areas have been reviewed using a balanced approach ensuring services are maintained.
2017 Operating Budget: The 2017 Operating Budget is currently at the requested municipal contribution of $29,338,923 which is an increase of $518,763 or 1.8% over the 2016 Restated Operating Budget of $28,820,160.
Account Net Levy Expense EMPLOYEE RELATED COST MATERIAL AND SUPPLY VEHICLE EXPENSES BUILDING AND GROUND CONSULTING CONTRACTUAL RESERVES / RECOVERIES COST ALLOCATIONS FINANCIAL CAPITAL FINANCING CAPITAL EXPENDITURES
Revenue FEES AND GENERAL GRANTS AND SUBSIDIES RESERVES
2016 Budget Restated 28,820,160 30,609,770 20,741,810 3,819,680 36,090 2,345,530 1,231,180 1,806,110 231,250 398,120 (1,789,610) (602,270) (1,187,340) -
2017 2017 Budget Submission Budget vs. 2016 Restated Budget Submission $ % 29,338,923 518,763 1.8% 31,144,983 535,213 1.7% 21,146,800 404,990 2.0% 3,836,880 17,200 0.5% 37,480 1,390 3.9% 2,471,167 125,637 5.4% 0.0% 1,241,180 10,000 0.8% 1,815,790 9,680 0.5% 210,470 (20,780) -9.0% 385,216 (12,904) -3.2% 0.0% 0.0% (1,806,060) (16,450) 0.9% (596,620) 5,650 -0.9% (1,209,440) (22,100) 1.9% 0.0%
Page 3 of 3
Attachment #9.1
2017 Operating Budget Changes Category Expenses EMPLOYEE RELATED COSTS
Budget Change Drivers $ 535,213 $ 404,990
Salaries Wages Benefits Mileage
$ 198,610 $ 159,170 $ 52,210 $ (5,000)
MATERIAL & SUPPLIES
$ 17,200
Operating Equipment
$ 17,200 Courier van; Equipment needs for new Waterdown branch
Step increases, union contract, COLA adjustment Step increases, union contract, COLA adjustment Associated expenses such as health benefits, OMERS Based on recent actuals
VEHICLE EXPENSES
$ 1,390
Central Fleet Charges Licenses
$ 1,370 Charges from City $ 20 Charges from City
BUILDING AND GROUND
$ 125,637
IP Telephony Charges Security Rent ‐ Offices & Bldgs Data Line
$ (7,050) $ 55,000 $ 86,422 $ (8,735)
City driven cost Security contract increases & Permanent Barton guard Increased Lease Costs Expected cost reductions
CONTRACTUAL
$ 10,000
Programming Computers Microfiche/ Com Services
$ 30,000 Increased based on past years actual expenses $ (10,000) Reduced based on past use $ (10,000) Based on actual use
RESERVES / RECOVERIES
$ 9,680
Transfer To Vehicle Reserve City Vehicle Insurance Recovery City Insurance Recovery City Facilities Recovery
$ 270 $ 280 $ (11,790) $ 20,920
COST ALLOCATIONS
$ (20,780)
City Payroll Recovery City Legal Services Recovery City Financial Applications Recovery City Accounts Payable Recovery City Purchasing Recovery City Current Budgets Recovery City Acccounting Services Recovery
$ (2,080) $ (660) $ (1,380) $ (2,500) $ (8,920) $ (440) $ (4,800)
City reserve for vehicle replacement Based on claims history Based on claims history City driven cost
City driven cost City driven cost City driven cost City driven cost City driven cost City driven cost City driven cost
FINANCIAL
$ (12,904)
Collection Fees Audit Fees
$ (10,000) Based on actual expenses in recent years $ (2,904) To reflect actual audit fees
Revenues FEES AND GENERAL
$ (16,450) $ 5,650
Fines Non‐Resident User Fees Photocopier Revenue Research Fees Information Services Rent Programming Revenues Miscellaneous Revenues
$ 12,000 $ (1,000) $ (10,000) $ (1,000) $ (1,350) $ (8,000) $ 15,000
Reduced based on 2016 forecast Increased based on recent actuals To reflect increased usage over last few years To reflect increased usage over last few years (LH&A fees) To reflect actual rent received Concerts in the round; Evening for book lovers To reflect recent actuals
GRANTS AND SUBSIDIES
$ (22,100)
Federal Grant (LINC)
$ (22,100) To reflect estimated LINC recoveries
Net Levy
$ 518,763
Hamilton Police Service
Police
HAMILTON POLICE SERVICES BUDGET INFORMATION: 10 Year Summary
Description
Net Operating Budget
2008
114,887,620
Capital Financing
1,163,810
Total Funding including capial
116,051,430
2009
2010
118,787,530 123,520,548 1,281,710
1,032,930
120,069,240 124,553,478
2011
2012
130,296,390 134,712,320 925,600
929,220
131,221,990 135,641,540
2013
2014
2015
2016
2017 NET Preliminary Budget $
139,701,970 143,880,235 148,376,580 152,533,970 157,433,890 712,650
714,385
715,410
716,200
716,200
140,414,620 144,594,620 149,091,990 153,250,170 158,150,090
$ Increase YoY for Operating Budget only
5,188,640
3,899,910
4,733,018
6,775,842
4,415,930
4,989,650
4,178,265
4,496,345
4,157,390
4,899,920
% Increase YoY for Operating Budget only
4.7%
3.4%
4.0%
5.5%
3.4%
3.7%
3.0%
3.1%
2.8%
3.2%
Note: The 2017 preliminary budget estimate is based on a 5 year average and subject to the approval by the Hamilton Police Services Board at its meeting of December 15, 2016
