14-03!: � 1
90U0 U910,
WHEREAS Section 289 of the Municipal Act, 2001, S.O. 2001, c.25, provides that
the Council of each upper -tier municipality shall in each year prepare and adopt estimates
of all sums required during the year for the purposes of the upper -tier municipality; and
WHEREAS Section 308(5) of the Municipal Act, 2001, S.O. 2001, c.25, provides
that the Council of an upper -tier municipality shall in each year establish the tax ratios for
that year for the upper -tier municipality and its lower -tier municipalities; and
WHEREAS Section 308(7) of the Municipal Act, 2001, S.O. 2001, c.25, provides
that the Council of each upper -tier municipality establish for each property class, a single
tax ratio for the upper -tier municipality and its lower -tier municipalities; and,
WHEREAS Section 308(15 -18) of the Municipal Act, 2001, S.O. 2001, c.25,
provides that the Council of each upper -tier municipality may opt to have certain optional
property classes apply within the County.
NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin
enacts as follows:
1. THAT the 2014 tax ratios for the County of Elgin set out on Schedule "A ", attached
hereto and forming part of this by -law, be approved and adopted by Council.
2. THAT the 2014 budget of the County of Elgin set out on Schedule "B ", attached
hereto and forming part of this by -law, which incorporates estimates for revenue and for
expenditures be approved and adopted by Council.
3. THAT the 2014 tax rates for the assessment in each property class set out in
Schedule "C ", attached hereto and forming part of this by -law, be approved and adopted
by Council.
4. THAT the large industrial class be chosen as an optional property class.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 1 1TH DAY OF
FEBRUARY ,
MarIc�McDonaId,
Chief Administrath Off
WIN
MTRWO
Attachment I
COUNTY OF ELGIN
By-Law 14-03
SCHEDULE A
Ratios
PROPERTY CLASS
2014 2013
RESIDENTIAUFARM 1.0000 1.0000
MULTI-RESIDENTIAL 2.3458 2.3458
FARMLAND AWAITING DEVELOPMENT-RESIDENTIAL 0.5000 0.5000
COMMERCIAL OCCUPIED 1.6376 1.6376
COMMERCIAL VACANT LAND 1.1463 1.1463
INDUSTRIAL OCCUPIED 2.2251 2.2251
INDUSTRIAL VACANT LAND 1.4463 1.4463
LARGE INDUSTRIAL OCCUPIED 2.8318 2.8318
LARGE INDUSTRIAL VACANT 1.8407 1.8407
PIPELINES 1.1446 1.1446
FARM 0.2500 0.2500
MANAGED FORESTS 0.2500 0.2500
Attachment I
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9
Schedule B:
wrrent
2014 Operating Budget Current Operating Budget Operating
et
Prior Operating
By-Law 14-03 Revenue Expense Net Budget FORECAST! Revenue Expense Net Budget (Over)/Under Percent
(Revenue)/Expense ACTUAL (Revenue)/ Prior Year Impact on
Expense Levy
CORPORATE ACTIVITIES .
1)Taxes (28,252,615) 1,006,408 (27,246,207) (28,115,582) 27,919,493 754,679 (27,164,814) (81,393) 0.3%
2)Interest Charges&Income (257,442) 176,362 (81,080) (70,341) 81,080 - (81,080) (0) 0.0%
3)Social Services-St.Thomas - 3,051,000 3,051,000 3,052,708 2,842,400 2,842,400 208,600 -0.8%
4)Health Unit (348,834) 1,287,194 938,360 938,360 940,395 940,395 (2,035) 0.0%
5)Grants - 811,865 811,865 812,865 - 318,576 318,576 493,289 -1.9%
6)Rental Income (188,262) 109,922 (78,341) (78,340) 188,263 136,212 (52,051) (26,290) 0.1%
7)Property Assessment (138,732) 858,372 719,640 719,640 723,033 723,033 (3,393) 0.0%
8)Ontario Municipal Partnership Fund (37,583) (1,733,317) (1,770,900) (1,770,900) 1,505,900 - (1,505,900) (265,000) 1.0%
9)Project Costs (836,150) 766,220 (69,930) 264,511 1,036,150 937,220 (98,930) 29,000 -0.1%
10)Corporate (30,059,619) 7,340,433 (23,725,594) (24,247,080) 30,730,886 6,652,515 (24,078,371) 352,777 -1.3%
•
Departmental
11)Warden and Council (3,036) 360,235 357,199 291,420 3,036 361,499 358,463 (1,265) 0.0%
12)Administrative Services (32,640) 504,814 472,174 446,265 32,640 505,267 472,627 (453) 0.0%
13)Financial Services - 577,461 577,461 525,624 - 557,563 557,563 19,898 -0.1%
14)Human Resources (30,000) . 487,182 467,731 30,000 552,560 522,560 (35,378) 0.1%
15)Administrative Building (379,095) 863,188 484,093 362,821 373,713 838,675 464,962 19,131 -0.1%
16)Corporate Expenditures (1,000) 575,784 574,784 585,929 1,000 800,994 799,994 (225,211) 0.8%
17)Eng'r&Land Div. (1,802,982) 12,009,423 10,206,441 10,146,513 1,711,107 12,988,962 11,277,855 (1,071,414) 4.0%
18)Homes (17,414,439) 21,977,775 4,563,336 3,886,873 17,468,539 22,150,181 4,681,642 (118,305) 0.4%
19)Museum&Archives (71,304) 460,470 389,166 369,286 33,804 452,218 418,414 (29,248) 0.1%
20)Library Services (223,339) 2,683,818 2,460,479 2,455,808 217,877 2,669,683 2,451,806 8,673 0.0%
21)Information Technology - 832,963 832,963 779,318 24,000 887,023 863,023 (30,060) 0.1%
22)Provincial Offences (1,535,791) 1,462,148 (73,643) (66,005) 1,557,308 1,493,788 (63,520) (10,123) 0.0%
23)Collections (474,998) 453,735 (21,263) (21,960) 474,998 453,735 (21,263) - 0.0%
24)Ambul.&Emergency Meas. (6,079,876) 8,828,495 2,748,619 2,641,220 6,548,317 9,353,063 2,804,747 (56,127) 0.2%
25)Econ.Dev'l,Tourism&Plan. (122,585) 1,296,118 1,173,533 1,158,854 73,329 1,278,275 1,204,946 (31,413) 0.1%
26)Departmental I (28,171,085) 52,886,425 25,232,522 24,029,697 28,549,668 55,343,485 26,793,817 (1,561,295) 5.9%
27)Elgin County (58,230,703) 60,226,858 1,506,929 (217,384) 59,280,554 61,996,000 2,715,446 (1,208,518)
Levy Increase 1,063,431 (1,063,431) 4.0%
Net Income 60,343,985 61,996,000 1,652,015 (145,087)
Memo:Levy 26,620,972 27,684,403
M:\Financial Services\SummaryOperating Budget 06/02/201410:53 AM
Attachment 1
COUNTY OF ELGIN
By-Law 14-03
SCHEDULE C
Prior Current
PROPERTY CLASS 2013 2014 %Change %Change
TAX RATES TAX RATES TAX RATES Assessment
RESIDENTIAL 0.587603% 0.584470% -0.53% 3.9%
MULTI-RESIDENTIAL 1.378399% 1.371050% -0.53% 12.4%
FARMLAND AWAITING DEVELOPMENT-RESIDENTIAL 0.293802% 0.292240% -0.53% -2.8%
COMMERCIAL OCCUPIED 0.962259% 0.957130% -0.53% 0.6%
COMMERCIAL VACANT LAND 0.673569% 0.669980% -0.53% 8.2%
INDUSTRIAL OCCUPIED 1.307475% 1.300500% -0.53% 6.7%
INDUSTRIAL VACANT LAND 0.849850% 0.845320% -0.53% 14.6%
LARGE INDUSTRIAL OCCUPIED 1.663974% 1.655100% -0.53% 4.1%
LARGE INDUSTRIAL VACANT 1.081601% 1.075830% -0.53% 2.5%
PIPELINES 0.672570% 0.668980% -0.53% 4.1%
FARM 0.146901% 0.146120% -0.53% 11.6%
MANAGED FORESTS 0.146901% 0.146120% -0.53% 16.7%
Definition:"Tax rate"means the tax rate to be levied against property
expressed as a percentage,to six decimal places,of the assessment
of the property.