District of Summerland 2008 Financial Plan. 2008 Financial Plan Summary Total departmental operating expenditures of $16.8 million Total departmental.

Slides:

Advertisements

Similar presentations

Borough of Haddonfield 2010 Community Budget Briefing Jeffrey S. Kasko, Commissioner Sharon McCullough, Administrator July 22, 2010.

Advertisements

TOWN OF ORONO FY2014 Draft Municipal Budget Presentation June 10, 2013.

FY 09 BUDGET HIGHLIGHTS The proposed tax rate increase is estimated to be 2.85%, the smallest increase in the past ten years. Individual increases will.

2010 Budget Challenged with an economic climate that is impacting the City’s revenue streams, the approved budget focuses on continuing to fund programs.

1. 2 Municipal Management Districts (MMD) are special districts that are: Self governed, but must be approved by the host municipality; and have the.

2010 Draft Municipal Budget

2013 BUDGET General Fund Revenues$84,870,998 Expenditures Divisional 69,635,424 Non-Divisional 5,695,509 Transfers 9,540,065 84,870,998 $ Nil * Capital$14,788,522.

City of Oak Ridge FY 2013 Budget Overview By: Mark S. Watson, City Manager Janice E. McGinnis, Finance Director.

2014 MUNICIPAL BUDGET. It is the expectation of the Council to develop community driven policy whose intent will be to ensure a safe, clean, secure environment,

CITY OF MONROE FISCAL YEAR BUDGET PRESENTATION EDWARD SELL, FINANCE DIRECTOR.

May 21 Osler Community Hall Community Information Night1 5/21/2014.

Town of Ossining 2012 Preliminary Budget Presentation November 22, Spring Street Courthouse.

CITY OF MONROE FISCAL YEAR BUDGET PRESENTATION EDWARD SELL, FINANCE DIRECTOR.

2015 Property Taxes. TAX RATES Tax Revenue desired divided by assessed value equals the tax rate Variable rate system – each class has a rate Assessed.

Budget Work Session Fiscal Year July 27, 2010.

2015 Financial Plan Public Hearing Presented: Tuesday, April 21 st, 2014 Dugald Community Centre.

Property of the Township of Madawaska Valley 2015 MUNICIPAL BUDGET.

Park Acquisition Opportunities Tuesday January 13 Okanagan Falls Seniors Centre.

Accounting Details We show transfers as a separate line below personnel, operating expense, and capital outlay so true cost of the department before transfer.

Township of Lawrence 2007 Municipal Budget March 26, 2007 MayorGregory Puliti Council MembersMark Holmes Richard Miller Pamela Mount Michael Powers.

2012 – 2016 FINANCIAL PLAN OVERVIEW City of Pitt Meadows DM #94656.

City of Lino Lakes, Minnesota Financing Plan Highlights Citizens’ Charter Review Task Force March 29,2007 Pavement Management Report Financing Plan Presenter:

Water & Waste Disposal Loans and Grants The funding purpose is to construct, enlarge, extend or improve water, wastewater and solid waste systems in rural.

Northern Sunrise County Overview August 25, 2015.

 Net Student Revenues  2384 undergraduate students  Comprehensive Fee - $57,900  90% receive institutional aid –average aid $25,300.

Town of Broadway Fiscal Year 2014 Budget May 7, 2013.

City of Lino Lakes, Minnesota Financing Plan Highlights Citizens’ Charter Review Task Force May 15,2007 Pavement Management Report Financing Plan Presenter:

2015 Financial Plan. Financial Plan Process Council’s Goals and Objectives – 2014/2015 Introduction of core budget - December Discussion with new Council.

1 Village of Waskesiu Agreement –in-principle May 21, 2006.

1 st Quarter 2015 Financial Report City Council Meeting June 11, 2015.

2013 Business Planning Process. Business Planning Process Guidelines Budget Preparation Preparation of Business Plans Management Review Presentations.

Public Presentation of 2013 – 2017 Financial Plan March 25, 2013.

CITY OF BEND | ENVIRONMENTAL JUSTICE IN AN URBAN AREA JIM LONG, AFFORDABLE HOUSING MANAGER HOUSING LAND ADVOCATES 2015 CONFERENCE, NOVEMBER 6, 2015.

CITY OF MONROE FISCAL YEAR BUDGET PRESENTATION EDWARD SELL, FINANCE DIRECTOR.

City of Centralia, WA 2015 Budget Second Budget Amendment Ordinance Second Reading August 10, 2015 There are NO CHANGES since Ordinance First Reading on.

Proposed Budget Amendments Disposition of $410,745? 9/8/2010Strohmaier Budget Proposal.

City of Pitt Meadows Taxation 101– Townhall Meeting February 4, 2016.

Tom Thanas, City Manager Rachel Mayer, Director of Finance City of Joliet Mid-Year Budget Review August 2013.

1. FY Proposed Budget Jamie Justice, Town Manager & Piet Swart, Finance Director April 26, 2016 Fiscal Year Proposed Budget 2.

Alliance Policy & Management Group TAX YEAR 2015 UPDATE SEPTEMBER 18,

Courthouse and Jail Maintenance Tax Background Originally passed in 1987 at 3.50 mills in conjunction with major capital improvements which included a.

May 18, 2004 City Bond Election. MAY 2004 BOND ELECTION General Election May 18, 2004 Elections City Mayoral Election City Council Election City Bond.

1 Trends and Challenges of Local Finance Management in Malaysia by National Budget Office Ministry of Finance Malaysia 1 st Asian Public Governance Forum.

TOWN OF EASTHAM ANNUAL TOWN MEETING MONDAY MAY 7,

Village of Fruitvale Financial Plan What is the Financial Plan? Financial Plan Background – To require planning for services – To maintain.

1 Capital Improvement Program FY To download this presentation, visit our website:

2015 Annual Financial Report December 31, Total Revenue $13,068,887Total Expenditure $14,006,870 Revenue Budget $14,957,884Expenditure Budget $15,669,564.

BUDGET PROCESS & REVENUE & EXPENSE INFORMATION For FISCAL YEAR 2011.

Loan Programs.  What is the PFA?  How does PFA financing work?  What is the Capital Financing Program?  What is the State Revolving Fund Program?

CONGAMOND ROAD ROADWAY IMPROVEMENT INFORMATIONAL MEETING

Proposed Draft Financial Plan April 10, 2017

City of Lockport, Illinois

Municipality of South Bruce

Budget Study Session – May 22, 2012

CITY OF NEW SMYRNA BEACH

Town of Broadway Fiscal Year 2018 Budget May 2, 2017.

NC Division of Water Infrastructure Drinking Water Grant

2017 Sundridge Municipal Budget

MUNICIPAL BUDGETED PROPERTY TAX COMPARISON The following is a yearly property tax comparison from FY to FY :

TOWN OF CHESTER PROPOSED BUDGET

Town of Chestermere 2014 Preliminary Operating Budget Budget 2014

FY 2019 Proposed Budget Hall County Board of Commissioners

FY14-19 Recommended Infrastructure and Capital Improvement Plan (ICIP)

Chamber of Commerce April 2, 2014

Work Session Follow UP Aug. 23, 2018.

City Revenues and Expenditures

Farmer City Fiscal Year

FY BUDGET HIGHLIGHTS. VILLAGE OF ROMEOVILLE FY BUDGET PRESENTATION APRIL 17, 2019 Village Board Room 6:00 PM.

City of Twin Falls Fiscal Year

2019 Budget-in-Review and 2020 Proposed Budget City of Mahnomen

Presentation transcript:

District of Summerland 2008 Financial Plan

2008 Financial Plan Summary Total departmental operating expenditures of $16.8 million Total departmental capital expenditures of $6.7 million Property tax rate for municipal taxes will be increased by 4.9% Total municipal taxes collected for 2008 will be $5.6 million

2008 Financial Plan General Revenue Sources

2008 Financial Plan General Fund Expenditures

2008 FINANCIAL PLAN Water Revenue Sources

2008 FINANCIAL PLAN Water Fund Expenditures

2008 FINANCIAL PLAN Sewer Revenue Sources

2008 FINANCIAL PLAN Sewer Expenditures

2008 FINANCIAL PLAN Electrical Revenue Sources

2008 FINANCIAL PLAN Electrical Fund Expenditures

2008 Financial Plan Expenditure Highlights Major Public Works expenditures for the year includes improvements to drainage on Victoria Road from Dale Meadows to Dunham Crescent at a cost of $350,000 Public Works will spend $155,000 to replace the Street Sweeper $325,000 on design work for improvements to Rosedale and Prairie Valley Road subject to approval of the Loan Authorization Bylaw

2008 Financial Plan Expenditure Highlights The next phase of the landfill plan will commence with the new landfill area having the liner extended with costs for 2008 being $330,000 and the construction of a new transfer station for $75,000 The relocation of the Sani-dump Station at Peach Orchard Park at a cost of $100,000

2008 Financial Plan Expenditure Highlights Parks and Recreation will complete the two new ball fields at the Dale Meadow Field Complex at a cost of $100,000 A new gazebo and public area will be constructed at Peach Orchard Beach Park in partnership with the Rotary Club, Lions Club and the Province of BC through its Spirit Square Program with a total cost of $155,000

Peach Orchard Gazebo

2008 Financial Plan Expenditure Highlights The Parks and Recreation Department will complete work on expanding Kin Beach Park with the development of the 4 former municipal rental houses along Okanagan Lake and installing landscaping and public walkways with a total cost of $100,000

2008 Financial Plan A typical house in Summerland has an assessed value of $354,000 in 2008 This same house had an assessed value of $284,000 in 2007 This house increased in market value in 2008 by 24.65% The overall average increase in market values for residential properties for 2008 was 28.65%

2008 Financial Plan The typical house assessed at $354,000 in 2008 will pay $1,845 in property taxes before the home owner grant. The municipal portion of the taxes on this property is $820 with school taxes being $779. Other taxing authorities such as the Regional District make up the balance.

2008 Property Taxes