Town of Chestermere 2014 Preliminary Operating Budget Budget 2014

Timeline Preliminary Approval Nov 8-13/2013 Final Budget Assessment Report Mar 2014 Tax rate Calculation Apr 2014 Tax rate Bylaw Final Budget 12/11/2018

Purpose of the Budget Municipal Operating budget: pays for the ongoing operations of the Town of Chestermere. Salaries Contracted services Maintenance Supplies Debt Servicing 12/11/2018

Legislative Requirements The Town is governed by the Municipal Government Act (MGA) which is administered by the Legislative Assembly of Alberta. Application of Act Section 2(1) This Act applies to all municipalities and improvement districts. 12/11/2018

MGA 242(1) Each council must adopt an operating budget for each calendar year. (2) A council may adopt an interim operating budget for part of a calendar year. (3) An interim operating budget for a part of a calendar year ceases to have any effect when the operating budget for that calendar year is adopted. 12/11/2018

Components of 2014 Budget The Town’s budget encompasses two key moving parts as per the MGA Section 243: Operating budget Capital budget 12/11/2018

Preliminary Tax Rate Increase 4.95% increase in residential tax with an estimated surplus of $250,000 to contribute into reserves. The average taxpayer with an assessed home value of $500,000 will see an increase of approximately $10.43 per month. 12/11/2018

Typical Home Examples Rainbow Falls: approximately $8.83 monthly increase Lakefront: approximately $18.42 monthly increase Lakeview: approximately $7.42 monthly increase 12/11/2018

2014 Operating & Capital Budget Highlights The creation of a new intersection at Chestermere Boulevard & Marina Road; Studies to determine the feasibility of building a new major multiplex recreation facility; New Emergency Services personnel; Continued life-cycle support for maintaining the CRCA Recreation Centre; Annual contributions for the replacement of infrastructure; The completion of the new RCMP Building; and The start of a long term pathways connection project. 12/11/2018

Operating Revenue by Function 12/11/2018

2014 Operating Revenue Summary $10,350,449 Western Irrigation District (WID) $195,873 Municipal Property Tax Total Operating Revenues $15,198,743 $25,745,065 12/11/2018

Expenditure Summary By Function 12/11/2018

2014 Operating Expense Summary $25,495,065 Contribution to Reserves $250,000 TOTAL $25,745,065 12/11/2018

Expenditure Summary by Object 12/11/2018

Percentage of Total Labour Expense by Department 12/11/2018

Total Mil Rate Comparison (excluding Education Tax) 12/11/2018

2014 Preliminary Capital Budget Town of Chestermere

2014 CAPITAL BUDGET BY FUNCTION DEPARTMENT TOTAL   CORPORATE SERVICES $221,000 PROTECTIVE SERVICES $2,950,000 ROADS, COMMON & PARKS $6,981,000 OFFSITE LEVIES $192,000 TOTAL CAPITAL BUDGET $10,344,000 12/11/2018

2014 CAPITAL BUDGET BY FUNCTION 12/11/2018

SOURCE OF FUNDS DEPARTMENT TOTAL GRANTS:   GRANTS: BMTG (Basic Municipal Transportation Grant) $1,750,000 FGTF (Federal Gas Tax Fund) $500,000 MSI CAPITAL (Municipal Sustainability Initiative Capital Grant) $4,381,000 TOTAL GRANTS: $6,631,000 DEBENTURE (RCMP Building) $2,540,000 RESERVES $197,000 CONTRIBUTION FROM OPERATING $389,000 OFFSITE LEVIES TRANSPORTATION RESERVE $192,000 LOCAL IMPROVEMENT TAX $70,000 FUND FROM OTHER SOURCES – NOT TOWN OR GOVERNMENT FUNDING $325,000 TOTAL CAPITAL BUDGET $10,344,000 12/11/2018

CAPITAL SOURCE OF FUNDS 12/11/2018

CORPORATE SERVICES Expenditure Description Capital Requirement Funding Source   Photocopier/Printer/Scanner/Fax $11,000 Operating Upgrade Council Chambers & Emergency Command Centre $125,000 MSI capital Net - Town Hall Entrance $15,000 New Payroll software $70,000 TOTAL EXPENDITURE $221,000 12/11/2018

PROTECTIVE SERVICES Expenditure Description Capital Requirement Funding Source RCMP   Police Station Expansion $2,540,000 Debenture - General (continue from 2013, total debenture $6,254,000) FIRE Provincial Radio System Upgrade $125,000 MSI Capital Bush Buggy for grass fires $135,000 Self Contained Breathing Apparatus MSI Capital  CPO GPS System for CPO Vehicles $15,000 Operating TOTAL EXPENDITURE $2,950,000 12/11/2018

Melcor contribution $250,000, $1,250,000 BMTG/FGTF GRANTS PUBLIC WORKS Expenditure Description Capital Requirement Funding Source ENGINEERED STRUCTURES   Signalization & intersection improvements at Marina Drive/Chestermere Boulevard $1,500,000 Melcor contribution $250,000, $1,250,000 BMTG/FGTF GRANTS RR 281 Upgrade $500,000 Grant - BMTG RR 241A Upgrade Top lift West Merganser $300,000 Grant – MSI Capital Master Transportation Study $250,000 EQUIPMENT Equipment (Various) $54,000 Operating LAND IMPROVEMENTS ECD 700 block drainage $70,000 Local Improvement TOTAL EXPENDITURE $3,174,000 12/11/2018

COMMON SERVICES Expenditure Description Capital Requirement Funding Source BUILDINGS   Parts Room Expansion $250,000 MSI CAPITAL  EQUIPMENT Equipment (Various) $29,000 Operating LAND IMPROVEMENT Yard Improvements $100,000 TOTAL EXPENDITURE $379,000 12/11/2018

RECREATION SERVICES - PARKS Expenditure Description Capital Requirement Funding Source ENGINEERED STRUCTURES   West Chestermere Dr. Pathway construction, signalization in pedestrian cross walk & lighting $125,000 MSI CAPITAL EQUIPMENT Equipment (Various) $184,000 Reserve/Operating LAND IMPROVEMENTS Anniversary Park $2,475,000 MSI/RESERVES Pathway System Bike Park phase 2 $75,000 Fund from other sources Play Park Reserve Skateboard Park VEHICLES Truck with Dump Box 3 tons (Replace 59 Tender) $186,000 PK 015 Ford F450 with dump box $58,000 Operating TOTAL EXPENDITURE $3,428,000 12/11/2018

OFFSITE LEVIES Tie-in & Signalization – Rainbow Rd North & Chestermere Blvd $192,000 TRANS. RESERVE 12/11/2018

THE END For more information, contact town@chestermere.ca Or call (403) 207-7050 12/11/2018