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01 - January 14, 2014 Special County Council Meeting Agenda Pkg. ORDERS OF THE DAY SPECIAL COUNCIL FOR TUESDAY, JANUARY 14, 2014 – 2:00 P.M. ORDER 1st Meeting Called to Order 2nd Disclosure of Pecuniary Interest and the General Nature Thereof 3rdMotion to Move Into “Committee Of The Whole Council” 4th Presenting Petitions, Presentations and Delegations DELEGATIONS: 1. Peter Devlin, President, Fanshawe College; Ross Fair, Chair of St. Thomas/ Elgin Campus; Catherine Finlayson, Executive Director, Fanshawe College Foundation and Andrew Gunn, Regional Development Coordinator with correspondence dated January 6, 2014 and a PowerPoint presentation. (attached) 2. Fons Vandenbroek, President, Elgin Federation of Agriculture; Steve Walsh and Bill Luyks, Directors, Elgin Federation of Agriculture; Ben LeFort and Jason Bent, Research Specialists, Ontario Federation of Agriculture; and Ed Ketchabaw, Past President, Elgin Federation of Agriculture with PowerPoint titled ”Farmland Assessment and Taxation” and correspondence titled “New Property Assessments Reflect Higher Farmland Prices”. (attached) 5th Reports of Council, Outside Boards and Staff 1. Report from Director of Financial Services – Impact of 2012 MPAC Reassessment. (attached) 2. PowerPoint Presentation from Chief Administrative Officer and Director of Financial Services titled “2014 Fiscal Outlook”. (attached) OTHER BUSINESS 6th 1) Statements/Inquiries by Members 2) Notice of Motion 3) Matters of Urgency 7th Closed Meeting Item 8th Motion to Rise and Report 9th Motion to Adopt Recommendations from the Committee Of The Whole 10th Consideration of By-Law 11th ADJOURNMENT CASUAL DRESS PERMITTED NOTICE: January 28, 2014 9:00 a.m. - County Council Meeting 1 2 Presentation to Elgin County Council January 14, 2014 County Administration Building 3 Our Agenda 1.Re-introduce Fanshawe College to County Council and introduce some 2.S- 3. 4.Update you on recent developments and future plans for our St. Thomas/Elgin Campus. 5.Answer any questions that member of County Council may have. 4 The New Faces Peter Devlin, 5 President of Fanshawe College, effective September, th 2013, after 35 years of service in the Canadian Armed Forces, re the rank of Lieutenant-General. Ross Fair has been the Chair of our St. Thomas/Elgin Campus since August, 2012 and is a seasoned senior administrator with background in b municipal and provincial government sectors. Also joined today by Catherine Finlayson, Executive Director, Advancement and Alumni Relations and Andrew Gunn, Regional Development Coordinator 5 Thanks to Elgin County The County has been a strong supporter of Fanshawe in the past: Made a pledge of $100,000 in 1993 which was paid between 1996- 2000 For this support we say thank-you! 6 7 Strategic Framework Vision: Mission: Provide pathways to success, an exceptional learning experience, a global outlook to meet student and employer needs. Focus on Values: Students Involve Utilize Resources our Wisely Communities Embrace Engage Each Change Other 8 Strategic Goals 1.Grow enrolment by 20% over 5 years; 2.Ensure that all students are provided the opportunity to access flexible learning options; 3.Provide the premier learning, student life, and career preparation experience; 4.Foster a high-performing and sustainable College. 9 Fanshawe College St. Thomas/Elgin Campus Welcome to —h…w campus! 10 Fanshawe Footprint in St. Thomas and Elgin County Campus in St. Thomas post-secondary and continuing education programs. Delivery of academic upgrading programs in East Elgin; St. Thoma West Elgin (Feb. 2014) Partner in delivery of Employment Services Elgin 3 offices across the City/County 11 Campus Developments Changing regional economy is driving change. Rationalization of training labs so that trades programming is f current and evolving labour market needs in the region and beyon Continuation of accelerated delivery of diploma programs 12 months of continuous study a great aid to residents looking to retrain and the workforce. New investments in labs, with support from the Palmer Estate has in new Renewable Energies Technician and Welding Certificate pro 12 Campus Future Growth The College is developing a five year growth plan built around t : of a more diversified curriculum Maintain excellence in post-secondary trades and apprentice trai Expand the Renewable Energies Technician program Introduce innovative business-training in areas of use of social settings; integration of trades and business training. Expand health and social services options, including exploring t regional centre of excellence for ongoing professional developme practitioners; 13 Questions and Answers 14 Farmland Assessment and Taxation Elgin Federation of Agriculture Taxation Committee Meeting Aylmer, Ontario th Dec 9, 2013 15 Jason Bent & Ben Le Fort Farm Policy Research Ontario Federation of Agriculture 519-821-8883 16 2012 Property Assessment MPAC mailed Notices of Assessments showing assessed values as of Jan 1, 2012. 1,551 vacant farmland sales occurring between March 2007 to December 2011 were used to determine assessed values. Assessment increases will be phased in over the next four years (2013,-14,-15, & 2016) 17 3 2012 Farmland Analysis The 1,551 vacant farmland sales used to Of the 1,551 sales,239sales were in the Elgin/Middlesex/Oxford Assessment Region Excludes farm property sales: with buildings; of less than 20 acres; and from the urban fringe (example: Halton). 18 4 2012 Farmland Analysis The 1,551 vacant farmland sales occurred between March 2007 to December 2011. valuation date to reflect inflation in the marketplace. Value adjustment applied to farms over 75 acres to account for larger properties being sold for less per acre than smaller properties. 19 5 Farm Assessment Base Rate per Acre Comparison (Prov. Average) Productivity2008 rate per Ac 2012 rate per Ac Class 1 $4,051$7,323 2 $3,429$6,665 3 $2,639$5,425 4$1,591$2,546 5 $1,105$2,003 6 $ 421$1,008 20 6 Farm Assessment Value Adjustment Factor (New for 2012) Lot SizeMarket Adjustment Factor Less than 75 acres 1.000 75 ac up to 89 ac1.000 90 ac up to 99 ac0.984 100 ac up to 109 ac0.974 110 ac up to 119 ac 0.955 125 ac up to 149 ac0.940 150 ac up to 199 ac0.927 200 ac up to 299 ac0.916 300 ac up to 499 ac0.883 500 ac and larger 0.842 21 7 Farm Class increase has outpaced the Residential Class increase % Change Tax Class Growth (compared to 4 years ago) ZoneFarm ClassResidential Class South West 52.17%9.34% Central South 44.95%11.74% GTA41.17%22.57% Central North 16.70%7.32% East54.78%22.33% North34.18%21.82% 22 8 Farm Class increase has outpaced the Residential Class increase %Change Tax Class Growth (compared to 4 years ago) Farm ClassResidential Farm increase Classis (X) times higher than the Res increase Elgin51.4% 12.18% 4.02 Wellington52.01% 12.6% 4.1 Peel Region74.3% 22.1% 3.4 York Region 25.5% 27.2% 0.9 Simcoe23.6% 8.7% 2.7 23 9 Total 2012 Farm Class Tax Rates in Elgin County TownshipFarm Tax Rate (per $1,000 of assessment) Aylmer 4.218 Southwold2.804 Bayham3.536 Central Elgin4.01 Dutton-Dunwich 3.769 Malahide3.829 West Elgin3.598 24 10 2012 Property Assessment To avoid a tax burden shift onto the Farm Class assessment base, municipalities need to set the farm class tax rate at less than 25% of residential class tax rate. Upper/Single Tier Farm Tax Ratiolower than Municipality25% in 2010 year Durham20% Halton Region20% Hamilton20% Ottawa20% Chatham-Kent 22% North Bay 15% 25 11 Tax Burden Shifted onto Farmland if not mitigated in Elgin County (at 2012 Mono farm tax rate) Taxation Year Accumulated additional farmland tax collected due to assessment increase if tax rates do not change & ratio remains at 25%: 2013$ 647,540 2014$ 1,295,080 2015$ 1,942,620 2016$ 2,590,157 26 12 Farm Class Tax Ratios that would avoid a tax burden shift in Elgin Taxation Year Farm Tax Ratio(of Residential) 201225% 201322.8% 201421,1% 201519.7% 201618.5% 27 13 Thank you 28 14 29 30 REPORT TO COUNCIL FROM: Jim Bundschuh - Director of Financial Services DATE: September 14, 2012 SUBJECT: Impact of 2012 MPAC Reassessment INTRODUCTION: The last Municipal Property Assessment Corporation (MPAC) province-wide assessment update was based on a January 1, 2008 valuation date and affected the 2009-2012 tax years. The assessment released this fall is based on a January 1, 2012 valuation date and will affect 2013-2016 tax years. Properties experiencing a market increase from 2008 to 2012 will have the valuation phased-in for property tax calculation purposes over the four year tax cycle. All market decreases will be applied immediately to the 2013 tax year. Attachment I shows that residential properties increased by 12% over the four-year period (3% per annum), but farm properties increased by over 50% (11% per annum). Since increases will be phased in over four years, the impact on the farmers will be gradual; however this still translates into double digit tax increases for the farm portion of these properties for each of the next four years. Since a family farm is comprised of not only farm assessment, but also residential assessment, the combined impact would be much less. On a typical 100 acre family farm, the impact on the upper and lower tier taxes for the four years is an increase of approximately $85 per year on their prior $2,300 tax bill or 3.6% (calculated using no change in total taxes collected across all property classes – any levy increases passed by the County or its partner municipalities will be additive). DISCUSSION : The property tax system legislated by the Province of Ontario attempts to achieve fair taxation through the use of Current Value Assessment (CVA). In recognition that the tax impact of changes in valuation will be difficult to absorb by individual property owners in a single year, the province mandated that increases be phased-in over four years to soften the blow. Without this phase-in, farmers would see 50% increases in their farm class assessment in 2013. It is important to look at the increase with a long-term perspective. The change from the 2005 to the 2008 CVA on farms represented a 2% increase per annum compared to the residential increase of 5% per annum. Based on the 2005 CVA, farms were paying 8% of the levy and residential properties were paying 76%. With the loss of industrial property assessment, the 2012 CVA will see both farm and residential percent share of levy rise by 2% to 10% and 78% respectively. The loss of industrial assessment base is an unfortunate reality that has placed added burden on both farms and households. 31 If the County and its partner municipalities wished to soften the blow further, changes in the farm ratio could be considered (see Attachment II for legislative authority for changing farm tax ratio). However, it is also important to note that tax ratios were never foreseen as a means of providing temporary tax relief. Tax ratios are typically altered either for fairness or strategic reasons. The farm/managed forest tax rate is currently only 25% of the residential rate, whereas all other rates are greater than the residential rate. Hence, it could be argued that the fairness argument would only apply to those classes with higher rates. The strategic reason for changing ratios would be to attract businesses to the County. At this time Chatham/Kent is the only comparable municipality with a farm tax ratio below 25%, with their ratio being set at 22%. In a report to Council, th titled “Tax Ratios” dated November 28, 2011, the County’s Economic Development department concluded that tax rates play a minor role in the site selection of businesses, with quality of place being the primary decision factor. Although the focus of that report was on commercial and industrial properties, its conclusions apply equally well to farm businesses. CONCLUSION: Despite the fact that the purpose of tax ratios was not to soften the blow of CVA changes, it does not preclude the County from using it for that purpose. However, given the disadvantages of using it for that purpose (as outlined in Attachment III), the most important of which is the transfer of tax burden onto residential rate payers, the use of ratios as a means to effectively extend the phase-in period would be ill advised. It is important to remember the benefit farmland had relative to residential properties in the 2005 reassessment. Also, when looking at an average family farm, the increase due to reassessment will only be approximately 3.6% annually. The contents of this report were reviewed at a meeting held on September 14, 2012 between the CAOs and Treasurers of the County and municipalities. It was the consensus of all that the following recommendations be put forward for Council’s deliberation. RECOMMENDATION: THAT the current four-year Current Value Assessment (CVA) phase-in be the sole tool used to soften the 2012 reassessment impact on property taxes; and, THAT tax ratios for all property classes be maintained at their current level. Respectfully Submitted Approved for Submission Jim Bundschuh Mark G. McDonald Director of Financial Services Chief Administrative Officer 32 Attachment I 33 34 35 Attachment II Authority to Modify Farm Tax Ratio Municipal Act 2001, S.O. 2001, c25 Restrictions, tax ratios for certain property classes 308.1 Farm property class (3) The tax ratio for the farm property class prescribed under the Assessment Act is 0.25 or such lower tax ratio as the upper-tier municipality or single-tier municipality may establish. 2002, c. 22, s. 153. Ministry of Municipal Affairs and Housing Website – Section 4 The Fiscal Context Reduced Rates for Farm and Managed Forest Classes In 1998, the provincial government specified that farm lands, farm outbuildings and managed forest properties could only be taxed at 25 per cent of the residential rate established in the municipality. Under recent changes initiated by the provincial government, upper tier and single tier municipalities have been given the option to further reduce the municipal tax rate on the farm property class to below 25 per cent of the residential tax rate. Lowering the farm tax ratio in one year does not, however, prevent your municipality from raising it in a subsequent year, as long as the ratio does not exceed the 25 per cent limit. The tax ratio for education purposes remains at 25 per cent of the residential rate for farm and managed forest properties. 36 Attachment III Modify Farm Tax Ratio to Soften Impact of CVA increase Assumptions: A change in tax ratio was to be only temporary spreading out the impact of the 2012 valuation over an eight-year period. The ratio would be lowered over the next four years. The ratio would be ramped back to 25% in the subsequent four years. Result: Instead of facing tax increases in excess of 10% for four years under the CVA phase-in regime, the farmers would have increases of less than 10% but over an eight-year period. Pros: Impact on farmers over next four years would be less. Cons: Transfers tax burden to other tax categories, the largest of which is residential properties. Significant tax increases on farms would continue for eight years, long after the root cause (increased property value) for the increase is forgotten. Managing farm taxes through tax ratio manipulation would be difficult given the numbers of factors that are involved: Experience from the Capping regime, a temporary mechanism put o in place in 1998 to soften the impact of the move to CVA on commercial and industrial properties, has shown how difficult it is to manage and virtually impossible to get out of. The next CVA valuation to take effect in the later half of the next o eight years. It is impossible to predict where farm prices will stand in 2016 relative to other properties, but at this point in time it appears that the increases in farm valuations that MPAC witnessed from 2008 through January 1, 2012 are continuing. A London Free Press article “Area Farm Prices Surge” dated September 11, 2012 (see Attachment IV) states that London area farms have shot up hundreds of thousands of dollars in the last 12 months. If increases in farm prices over the next four years continues to out pace that of residential properties, then 2017 would require further reductions to the farm tax ratio. 37 Area farm prices surge | Local | News | The London Free PressPage 1of 3 AttachmentIV By John Miner, The London Free Press Wednesday, September 12, 20129:16:21 EDT AM If you have a yearning to buy a farm and get back to the land, it’s going to take deep pockets and a friendly lender to satisfy. That is if you can even find a farm for sale. Prices for farms in the London region, particularly the Woodstock and Stratford regions, have shot up hundreds of thousands of dollars in the last 12 months, according to report released Monday by Re/Max. And in southern Huron and parts of Perth County, basic 100-acre parcels are changing hands for as much as $1.8 million, up from $1.4 million in 2011, the Re/Max market trends report found. “The market is strong,” said Kevin Williams of Re/Max a-b Realty that has offices in Oxford and Perth counties. “We’ve seen land trend higher and it will plateau and then it will go back up again. This rise has been a little quicker than anyone expected,” he said. One-hundred-acre farms were bringing $15,000 an acre in the Woodstock to Stratford area, up from $9,000 in 2011, Re/Max says.In south Huron and mid-Perth County, prices per acre climbed to $16,000 to $18,000. Williams said higher crop prices, now treading in record territory, are partly responsible for the increase farm prices. 38 http://www.lfpress.com/2012/09/10/farm-land-prices-soar19/09/2012 Area farm prices surge | Local | News | The London Free PressPage 2of 3 Another factor is few farms are hitting the market as farmers at retirement age are keeping their farms and renting the land instead of selling, he said. “That is definitely tightening the supply,” Williams said. Re/Max is forecasting farm prices in many areas will continue to rise. Though prices in Southwestern Ontario have surged, they are nowhere near the highest prices in the country. In the Fraser River valley, farm land is bringing $40,000 to $60,000 an acre, the same as it did in 2011. john.miner@sunmedia.ca --------- FARM LAND PRICES According to the Re/Max market trends report London-St. Thomas •Price per acre up almost $1,500 an acre during last year. •Farm land selling for $10,500 an acre in east Middlesex, $7,500 in west Middlesex, $8,500 in east Elgin County, $6,500 in west Elgin County, 9,500 in north Lambton and $5,900 in south Lambton. Woodstock and Stratford •Price-per-acre risen to $15,000 from $9,000 a year ago. •100-acre parcels the most sought after •Properties sell within 60 days or sooner Bruce and Huron counties •Prime farm land in south Huron and mid-Perth commands $16,000 to $18,000 an acre, up from $10,000 to $14,000 an acre. •Farmland sells within 15 to 30 days •Local buyers are leading the charge, but there is the odd offshore buyer of land Chatham-Kent •Starting prices range from a low of $5,000 to a high of $16,000 an acre with the most popular price point between $7,000 and $9,000 •50 to 100-acre parcels the most coveted. Wednesday, September 19, 2012 Yes No orview results If you already have an account on this newspaper, you can login to the newspaperto add your comments. By adding a comment on the site, you accept ourterms and conditionsand ournetiquette rules. enabled Real-time updating is . 39 http://www.lfpress.com/2012/09/10/farm-land-prices-soar19/09/2012 2014 FISCAL OUTLOOK January 14, 2014 40 STRATEGIC VISION 1- MAINTAIN SERVICE LEVELS 2-LOW TO MODERATE USE OF RESERVES 3-AFFORDABLE TAX INCREASE 41 ADVANCED PLANNING PAYS OFF $3.0 M IN EFFICIENCIES FOUND DURING LAST FIVE BUDGET CYCLES STAFF CONTINUE TO FIND $400,000 A YEAR IN EFFICIENCIES RESERVES ARE BEING DRAWN DOWN AND EVENTUALLY REPLENSHED TOWARD END OF 10 YEAR PLAN 42 THE GOOD NEWS 2013 SAW ANOTHER SURPLUS OF APPROXIMATELY $2.0M NEW AMBULANCE BASE OPENED IN DUTTON/DUNWICH WEST END SATELLITE OFFICE OF EBRC A SUCCESS IMPROVED RESPONSE TIMES IN BAYHAM MULTI-YEAR ACCESSIBILITY PLAN UPDATED NEW PARTNERSHIPS WITH CENTRAL ELGIN (IT) AND MIDDLESEX COUNTY (ACCESSIBILITY COORDINATOR) TEMPORARY RELOCATION OF DEXTER LINE SUPPORT FOR SHEDDEN AND AYLMER BRANCH LIBRARIES 43 THE COST PRESSURES FOR 2014 LEGAL/ARBITRATION COSTS LIKELY TO RISE INSURANCE UP $80,000 CROSS BORDER BILLING FOR AMBULANCE LIKELY NEW GAS TAX FORMULA REDUCES ALLOCATION NEW AMBULANCE CONTRACT EXPENSE INFLATION LIBRARY STAFFING HOURS 44 THE BIG TICKET ITEMS FOR 2014 TERRACE LODGE RENOVATIONS- ARCHITECT TO BE CHOSEN , RFP DEVELOPED, CONTRACT AWARDED BY END OF YEAR (ALREADY BUDGETTED FOR THIS) MUSEUM, POA COURTS, COUNCIL CHAMBERS PROJECT TO TENDER IN 2014 (ANTICIPATED IN BUDGET) SHEDDEN AND AYLMER LIBRARY INTEREST FREE LOANS (ANTICIPATED IN BUDGET PLAN) SHORELINE MANAGEMENT PLAN (CONTRIBUTION IS IN BUDGET) WOWC BROADBAND PROJECT (IN BUDGET) 45 DEXTER LINE PREFERRED OPTION At the January 8, 2013 County Council meeting, Council deferred proposed capital spending for the Relocation of Dexter Line unless the County received assistance through a funding program. The County's MII and SRN-MIF applications during 2013 were unsuccessful. Minor relocation of Dexter Line was constructed during 2013 to keep the road safe and open for a projected 5 to 10 years. The Capital Plan includes the full $4.5 million cost for the permanent relocation solution and can be "pulled ahead" at any time. Staff will continue to apply for funding for Dexter Line. 46 The Starting Point for the 2014 Long-Term Plan 2013 budgeted for: a net loss of $1.5 million (a degradation in Municipal Position) A further $1.2 million in losses was planned from 2014-2015 Cumulative effect of 4% tax increases per annum return County to favourable net income by 2016 2022 ending Municipal Position is up, but represents a reduction in real terms 47 Current New Items Incorporated into the Plan Impact on OngoingOne-Time Tax Rate ($000) ($000) Included in 2014 Plan Total Council Driven193(100)0.7% Total External Factors(447)832-1.4% Staff Efficiencies above $400,000 Target 01,935 0.7% Total Tax Decrease/(Increase) above 4% target0.0% (Risks)/Opportunities above 4% targetTBD Net effect is a potential levy increase of4.0% 48 Council Driven Changes Impact on Ongoing One-Time Tax Rate ($000) ($000) Bayham Trial hours contained in new base contract189 -0.7% Shoreline Erosion Study-(75)0.0% Broadband Initiative-(25)0.0% WOW Membership Fee(2) -0.0% Council Development 5 -0.0% Total Council Driven193(100)0.7% 49 External Driven Changes Impact on OngoingOne-Time Tax Rate ($000) ($000) New Ambulance Provider(116)(148)-0.5% Legal/Arbitration(100)150-0.3% Social Services net of OMPF (56) - -0.2% Insurance Premiums(80) --0.3% Gax Tax(75) --0.3% Ford Tax Appeal (2009-13)-8300.3% Amb. Cross-Border Billing(20) --0.1% Total External Factors(447)832-1.4% 50 Staff Driven Changes Impact on OngoingOne-Time Tax Rate ($000)($000) Homes Efficiencies300(25)1.1% Library Staff Service Inc (26) 50-0.1% Engineering Projects2300.1% 2013 Op/Cap Performance1,700 0.7% Other Depart. Efficiencies126(20)0.5% Total Staff Driven4001,935 2.3% Efficiency Target400 -1.5% Staff Efficiency to Target 01,935 0.7% 51 Risks & Opportunities Impact on Ongoing One-Time Tax Rate ($000) ($000) Tax Rate before Risks & Ops4.0% GrantsTBD -TBD Tax Rate including Risks & OpportunitiesTBD -TBD 52 Analysis of Potential Tax Increase including Risks Ford prior year tax settlement will offset the lost Federal Gas Tax Revenue 2013 Performance to Budget improvements since the Nov 26, 2013 Council presentation anticipated to provide a further 0.2% reduction in the tax increase Impact of grants needs to be determined at next Council meeting 53 THE RESULTS Estimated that a levy increase of 4.0% is commitment through its ten-year plan A reduction in the tax rate is expected of approximately 0.5% All subject to final approval and adjustments at February Council meeting 54 Next Steps January 28 Council Meeting: 2014 Capital Budget 2014 Grants February 11 Council Meeting: 2014 Operating Budget 55