1. Property of the Township of Madawaska Valley 2015 MUNICIPAL BUDGET

2. It is the expectation of the Council to develop community driven policy whose intent will be to ensure a safe, clean, secure environment, a well maintained infrastructure system, and a climate of acceptance, friendly caring, and community spirit. We will make affordable decisions which we believe will lead our township in a progressive, enterprising and sustainable direction within the Legislative framework of the Province of Ontario. At the same time our residents and guests will have the assurance that both old and new cultural traditions will continue to play an integral part in making this community the special place we recognize as home. Township of Madawaska Valley MISSION STATEMENT Township of Madawaska Valley MISSION STATEMENT Property of the Township of Madawaska Valley

3. $7,955,716

4. 2015 PROPOSED EXPENDITURES $7,955,716 Property of the Township of Madawaska Valley

5. Municipal operating – capital expense comparison $5,036,627$2,232,119$686,970 Property of the Township of Madawaska Valley

6. 2014 TAXATION BUDGETED EXPENDITURES$6,246,657 BUDGETED REVENUES$2,596,901 2015 TAXATION PROPOSED EXPENDITURES $7,955,716 PROPOSED REVENUES$4,351,309 $3,649,756 LEVY REQUIREMENT FROM TAXATION LEVY REQUIREMENT FROM TAXATION $3,604,407 LEVY to LEVY DECREASE OF $45,349 (or 1.2%) Note that due to growth the 2014 taxable assessment base increased by 0.5% resulting in an additional $19,215 revenue realized through taxation. If this growth is considered the 2015 Municipal Levy Requirement has decreased by 1.7%.

7. 2015 MUNICIPAL TAX IMPACT on residential properties (WITHOUT AREA RATES) 2015 MUNICIPAL TAX RATE 0.00515946 DECREASE6.04% 2014 MUNICIPAL TAX RATE 0.00549123 Property of the Township of Madawaska Valley

8. 2014 Difference $100,000 Assessment $ 549.12$515.95($ 33.17) According to the Municipal Property Assessment Corporation (MPAC) the average single family residential assessment has increased by 4.6% therefore a decrease in the amount of taxes paid per $100,000 may not result in a taxes decrease for property owners. Property of the Township of Madawaska Valley

9. 2015 GENERAL RESERVE FUND STATUS ACCOUNT BALANCE ON JANUARY 1/15 ADDITIONSWITHDRAWALS ANTICIPATED BALANCE ON DECEMBER 31/15 GENERAL GOVERNMENT $1,357,364.28$199,000$217,840$1,338,524.28 FIRE PROTECTION SERVICES $226,532.02$43,935$49,538$220,929.02 TRANSPORTATION SERVICES $495,880.49$193,750$54,500$635,130.49 ENVIRONMENTAL SERVICES $1,703,481.20$52,059$339,000$1,416,510.20 LIBRARY SERVICES $23,702.52$2,398$21,304.52 RECREATION & CULTURAL SERVICES $346,545.49$31,500$71,823$306,222.49 PLANNING & DEVELOPMENT SERVICES $274,177.43$190,000$125,000$339,177.43 TOTAL GENERAL RESERVES $4,427,683.43$710,214$860,099$4,277,798.43

10. 2015 COUNTY OF RENFREW RESIDENTIAL TAXes 2014$354.99 2015$347.89 DECREASE $7.10 (based on $100,000 assessment) 2015 RESIDENTIAL RATE: 0.00347894 2 % 2015 County Levy - $38,697,229 up from $37,406,801 in 2014 Madawaska Valley portion - $2,430,251 up 3.01% from $2,359,269 forwarded in 2014 Property of the Township of Madawaska Valley

11. 2015 Residential Rate: 0.00195000 3.94 % 2014$203.00 2015$195.00 DECREASE $8.00 (based on $100,000 assessment) Total Amount Collected from Madawaska Valley - $1,627,848 up 1.15 % from $1,609,564 collected in 2014 Property of the Township of Madawaska Valley

12. HOW THESE DECISIONS IMPACT YOUR 2015 TAX BILL... HOW THESE DECISIONS IMPACT YOUR 2015 TAX BILL... Property of the Township of Madawaska Valley

13. TOTAL 2015 TAXATION BILLING IMPACT based on $100,000 Residential Assessment MUNICIPAL TAXATION LEVY COUNTY LEVY EDUCATION LEVY TOTAL PROPERTY TAXES 2014$549.12$354.99$203.00$1,107.11 2015$515.95$347.89$195.00$1,058.84 A $48.27 DECREASE over the amount paid in 2014 (4.36 %) Property of the Township of Madawaska Valley

14. 20142015 Dollar Difference Percentage difference Municipal Portion$549.12$515.95 ( $ 33.17 )( 6.04 % ) County Portion$354.99$347.89( $ 7.10 )( 2.00 % ) Education Portion$203.00$195.00( $ 8.00 )( 3.94 % ) Total Taxes (without Area Rates) $1,107.11$1,058.84( $ 48.27 )( 4.36 % ) TAX IMPACT ON $100,000 ASSESSMENT Property of the Township of Madawaska Valley

15. REASSESSMENT  We are now in the third year of an updated four year phase-in Property Assessment update which updated from a 2008 base year to a 2012 base year.  Assessment reductions are not phased-in in the same manner as assessment increases are, total reduction was given immediately (during the 2013 taxation year) which added stress to the 2013 taxation year but continues as Requests for Reconsideration are being processed.  Taxable Assessments for the Township of Madawaska Valley rose by 5.16% from $642,421,623 in 2014 to $675,601,963 for 2015. REVENUE SOURCES LIMITED – RISING COSTS  Other than a small number of grant opportunities, in addition to fees and service charges that are levied, property taxation is the only means that the Township has to raise revenues.  Operation costs continue to rise; the need to replace and rehabilitate existing capital assets with minimal assistance of the upper levels of Government; and the implementation of the Township Asset Management Plan (a requirement of obtaining future Provincial funding) are making it very difficult to maintain tax levies at previous levels, however for 2015 the Township of Madawaska Valley has succeeded. Property of the Township of Madawaska Valley

16. From every tax dollar received, 48.8 ¢ remains with the municipality General Administration Protection Service Transportation Services Municipal Properties Waste Disposal Services Social & Family Services Library Services Planning, & Dev’t Services Parks/Recreation/Cultural Services - $ 0.0610 - $ 0.1040 - $ 0.2295 - $ 0.0002 - $ 0.0166 - $ 0.0003 - $ 0.0139 - $ 0.0155 - $ 0.0469 $ 0.4880 $ 0.184(per tax dollar)) $ 0.328 (per tax dollar)) $ 0.488 Property of the Township of Madawaska Valley

17. HOW THE TAX DOLLAR THAT REMAINS WITH THE MUNICIPALITY ARE SPENT General Administration12.51 ¢ Protection Services21.32 ¢ Transportation Services47.04 ¢ Municipal Properties00.04 ¢ Waste Management Services03.41 ¢ Social & Family Services00.06 ¢ Library Services02.84 ¢ Planning/Economic Dev’t/Emergency Preparedness03.17 ¢ Parks & Recreation Services09.61 ¢ $ 1.000 Property of the Township of Madawaska Valley

18. 2015 AREA RATES TRANSFER STATION AREA RATE (applies to property assessments in the former Township of Radcliffe and Townships of Sherwood, Jones & Burns who do not received curbside pickup services) CURBSIDE PICKUP AREA RATE (applies to all Residential, Commercial, Institutional and Industrial Units located in the former Village of Barry’s Bay and surrounding areas that receive this service) Property of the Township of Madawaska Valley

19. TRANSFER STATION AREA RATE Transfer Station Area Rate Budget decreased by $11.00 per unit or 19.64 % $ 107,507 Property of the Township of Madawaska Valley

20. TRANSFER STATION PROPERTIES - BUDGET IMPACT Transfer Station Area Rate (residential unit rate) 2014$56.00 2015$45.00 Property of the Township of Madawaska Valley

21. 2015 TRANSFER STATION RESERVE FUND STATUS ACCOUNT BALANCE ON JANUARY 1/15 ADDITIONSWITHDRAWALS ANTICIPATED BALANCE ON DECEMBER 31/15 TRANSFER STATION AREA RATE RESERVES $149,836.84$16,700$166,536.84 Property of the Township of Madawaska Valley

22. Curbside pickup AREA RATE $ 174,317 Curbside Pickup Area Rate Budget remained unchanged for 2015 Property of the Township of Madawaska Valley

23. CURBSIDE PICKUP AREA RATE : 2015 CURBSIDE AREA RATES: Residential Unit Rate:$ 145.00 Small Industrial, Commercial & Institutional Rate: $ 217.50 Medium Industrial, Commercial & Institutional Rate:$ 1,015.00 Large Industrial, Commercial & Institutional Rate:$ 2,030.00 Extra-Large Industrial, Commercial & Institutional Rate:$ 4,350.00 Property of the Township of Madawaska Valley

24. 2015 CURBSIDE AREA RATE RESERVE FUND STATUS ACCOUNT BALANCE ON JAN 1/15 ADDITIONSWITHDRAWALS ANTICIPATED BALANCE ON DECEMBER 31/15 CURBSIDE AREA RATE RESERVES $149,132.42$30,000$178,132.42 Property of the Township of Madawaska Valley

25. For the 2015 taxation year, the average Single Family Residential Assessment as determined by the OPTA increased by 4.46%. The percentage assessment increases for individual properties will vary therefore each property will be impacted differently, some less while others more. Keep in mind that properties, including Seasonal Recreational/Waterfront, that are in other property classifications will experience different impacts dependent upon the assessment increase. INCREASED ASSESSMENT INCREASED PROPERTY TAXES Property of the Township of Madawaska Valley

26. THANK YOU ! Property of the Township of Madawaska Valley