1. Municipality of South Bruce
2017 Budget

2. 2017 Municipal Budget Total Expenses $12,317,649
Reserve Transfers – ($316,859)
Revenue - $7,665,726
Tax Levy - $4,335,064

3. Key Facts Tax Rate up 3.6% Sanitary & Water Base rates up 3%
No change to Garbage Collection Fee, Street Lighting Fee and Rural Septage Fee
Increase per $100,000 Assessment
Residential - $26.39
Farmland - $6.59
Average Residential Tax Bill (assessment $196,236) including County & Education
Up $105 – 4.1%

4. Major Impacts OMPF reduction-4.1% Reduced tax mitigation transfer .5%
Increased transfers for capital 1.6%
Operations – 1.5% increase to tax levy
Tax Levy – up 7.7%

5. Operating Budget Expenses: $8,304,399 Reserve Transfers: $1,670,760
Revenue:
Taxation Income - $4,339,509
User Fees - $2,921,599
Other Government Funding - $1,125,800
Licences, Permits, Fines - $175,700
Rental Fees & Charges - $1,098,350
Donations, Sales, etc - $314,201
Expenses: $8,304,399
Reserve Transfers: $1,670,760

6. 2016 Surplus Cash Surplus in 2016 of $189,870 (unaudited)
Surplus will be transferred to Reserves for Capital and/or Operations

7. Reduction in Revenue
Ontario Municipal Partnership Fund (OMPF) Funding continues to decline
$163,700 (14.0%) reduction for 2017
$393/hh in past five years
Further reduction in 2018

8. Departmental Impacts No changes to levels of service
Council - $106,000
Administration - $318,065
Fire - $566,007
Emergency Management - $10,150
Health & Safety - $13,700
Police/By-law Enforcement - $809,951
Conservation Authorities - $75,550
Building & Septic Inspection - $0
Animal Control – ($5,100)
Drainage - $18,950

9. Departmental Impacts, cont.
Roads & Bridges - $2,678,086
Trees - $3,400
Streetlights - $24,000
Landfill/Recycling/Waste Collection - $0
Water & Sanitary Sewer Operations - $0
Stormwater Management - $130,250
Health/Cemeteries - $25,720

10. Departmental Impacts – continued
Libraries - $0
Parks/Ball – Diamonds - $69,485
Recreation Administration & Programs - $86,800
Pools - $83,035
Community Centres/Halls/Arenas - $289,010
Planning & Development $19,800
Tourism - $38,250
Economic Development $1,000
The 2013 annual requirement for replacement of capital assets was $3,539,922.

11. Capital Budget Expenses - $4,013,250 Reserves Balance - $4,041,140
Revenues
Government Grants - $971,539
Reserve Transfers - $1,987,619
Donations/Fundraising - $597,892
Other Municipalities - $445,000
Equipment Sales - $11,200
Expenses - $4,013,250
Reserves Balance - $4,041,140