1. 2015 Budget Highlights Township of Madawaska Valley May 19, 2015

2. I pay a lot of taxes to Madawaska Valley! What do you do with all those taxes?

3. Property Tax Bills Three Parts of a Property Tax Bill: Education Tax (Province of Ontario) Upper Tier Municipal Tax (Renfrew County) Lower Tier Municipal Tax (Madawaska Valley) Each part sets it’s own Tax Rate. Amount collected for each is identified on your Tax Bill.

4. 2014 Tax Dollar Distribution Township of Madawaska Valley (0.50) County of Renfrew (0.32) Education (0.18)

5. 2015 Tax Dollar Distribution Township of Madawaska Valley (0.49) County of Renfrew (0.33) Education (0.18)

6. Are my taxes going up this year?

7. Current Value Assessment (CVA) Current Value Assessment is based on: Price paid by a willing buyer to a willing seller Arms length transaction Competitive open market Reflects changes in real estate market conditions. Affects distribution of tax burden between properties and property classes. Two parts to CVA: 1.Reassessment (change in value) 2.Growth

8. Current Value Assessment (CVA) 1.Reassessment: Valuation Changes Valuation change happens when MPAC updates the CVA to a new, more recent point in time. History of MPAC Assessment Changes: 2009-2012 Current Value as of Jan 1, 2008 (33.8%). 2013-2016 Current Value as of Jan 1, 2012 (14.3%). 4 year phase in of Assessment increases. Decreases are not phased in. Whether your taxes go up or down in 2015 depends on what happened to your assessment.

9. Snapshot of Residential Tax Impact Online Property Tax Analysis (OPTA): Snapshot using actual Tax Rates on May 14, 2015. 3986 Residential Properties in MV. Impact of 1.2% decrease in total 2015 MV Levy.

10. 2015 Total Residential Tax Impact Online Property Tax Analysis (OPTA): 1.2% decrease in Madawaska Valley Levy. 3.45% increase in Renfrew County Levy. 3.94% decrease in Education Tax Rate. 96124%3025 76%

11. What are you doing with my money this year?

12. Transportation Services The Connecting Link Project From Mintha St. to Arena Rd. Includes: Left turning lane at Sandhill Drive. Total Project Cost = $1,139,360 Tim Hortons $20,000. Provincial$1,017,600. MV Taxpayers $101,760. Provincial Grant specifically for the Connecting Link. Project is 90% Funded.

13. Transportation Services Other Roadwork Projects include: Reconstruction Projects: $434,500. Wilowski Drive (2 km), Wiltom Drive (1.67 km), Matcheski Rd (2.07 km), Farmer Rd (0.43 km), Peter St. (0.45 km), Emergency Exit, Jewelville Rd. Construction: $166,200. (excluding Connecting Link) Wilowski Drive (1 km), Peter St. to Lakeview Parkway, Perrier Rd. (2.45 km) Route & Seal Cracks on Arena Rd., Borutski St. and Old Barry’s Bay Rd. Culverts on Matcheski Rd. and Wiltom Rd.

14. Transportation Services The LED Streetlight Project (2009 - 2014) $52,520 to $100,288 Local Authority Services (LAS) 111 municipalities in program. Replace all streetlights with efficient LED ($217,500). Replace streetlights in core with decorative LED ($37,449). $174,810 Loan from Working Reserve (10 year payback). $42,690 from Streetlight Reserve.

15. Fire Services

16. Extrication Equipment Vehicle extrication is the process of removing a vehicle from around a person who has been involved in a motor vehicle accident, when conventional means of exit are impossible or inadvisable. A delicate approach is needed to minimize injury to the victim during the extrication. Most municipalities in Renfrew County provide Heavy Extrication. Mutual Aid does not provide the service if you can’t reciprocate. $45,000 for Equipment & Training. Reserve & Fire Fighter Fundraising.

17. Economic Development Services Sale of Surplus Municipal Land Mackey Property (on Hwy 60) : $180,000 offer to purchase from a business. $211,154 Municipal purchase in 2011. Original funds from Investing in Ontario Grant. Into Property Acquisition/Development Reserve. PJ Wye Property (behind Sandhill Dr.) : $185,000 offer to purchase from a resident. $180,733 Municipal purchase in 2011. Funds borrowed from & will be returned to the Working Reserve.

18. Recreational Facilities Combermere Community Centre Project $150,000 Accessibility: Lift system to all levels. Accessible washroom. $15,000 New Steel Roof. $6,000 New Furnace for Outdoor Rink. 93% ($159,023) of Project funded from: $50,000 Canada Specific Grant (for Accessibility Project). $82,000 Emergency Measures Reserve (Tornado funds). $26,023 Other Reserves.

19. Recreational Facilities Paul J. Yakabuski Community Centre $37,000 Drawn from Reserves to: $30,000 Replace Lobby Flooring. $12,000 Brine Pump & Condenser Repairs. $5,000 Repair the Ballfield Fencing. Barry’s Bay Outdoor Rink: Deteriorated condition makes it a significant liability. Remove dangerous boards but salvage useable parts. Does the community want: Another outdoor rink or more skate times at Arena? Some other recreational use for paved rink area?

20. 2015 Capital Expenditures (2011 to 2013) Capital Expenditures identified in Budgets are not achieved. (2015) Budget includes $1,042,072 for Connecting Link Project. (2015) Actual shows Capital Expenditures excluding Connecting Link.

21. What about next year... or the year after that?

22. Future Challenges... 1.Stimulate Growth: Real growth is desperately needed in the urban Serviced Area (Water & Wastewater). Rural growth that minimizes additional Service Costs. 2.Asset Management Plan: Develop a Long Term Financial Plan: Complete a Risk Assessment for Capital needs. Identify the Funding Gap. Find affordable & sustainable solutions. 3.Municipal Strategic Plan

23. Current Value Assessment (CVA) 2.Assessment Growth: Increases come from: New construction Additions & Improvements Change in use Decreases come from: Demolitions Tax write-offs Change in use Does impact Tax Revenue. Positive growth means more Tax Revenue.

24. MV ’ s Growth in 2014 (0.526%) Ranked 15 th in Renfrew County last year. Arnprior 3.18% to BLR 0.21% 0.58% = Average CVA growth 2010 to 2014. Implication? Renfrew County has earmarked CVA growth to help fund their Asset Management Plan

25. Asset Management Plan Plan is a prerequisite for Provincial Capital Funding! 2013 Asset Replacement Cost was $77.9 Million. 2014 Total Reserves = $5.76 Million. Plan assumes: (over 10 years ) Annual 2% Tax increase to fund Asset Management. Annual 2% increase in Capital Expenditures on Roads. Plan identifies: Annual funding shortfall Fully Funded shortfall = $700,000 to $1.1 Million Minimum needs shortfall = $60,000 to $250,000 Current CVA Growth is unlikely to fund the shortfall.

26. Municipal Strategic Plan Strategic Planning Is a Process That: examines where your municipality is now, where you want it to be, and how you are going to get there. involves your community in visioning your preferred future. produces a flexible plan or road map of strategies to get you there. steers your municipality in a focused direction for future success. allows proactive thinking beyond your current activities and traditions. deals with change positively by responding to it effectively. sets priorities for action that are reflective of all aspects of your municipality.

28. What would you like to accomplish this term?