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15-05WHEREAS 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 itroperty classes apply within the County. NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin enacts as follows: 1 . THAT the 2015 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. it'. THAT the 2015 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 2015 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. J_n\'EAD A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 1 OTH DAY OF ",RY 2015. ANTIMM0071 Paul Ens, Warden. By-Law 1S-US .. SCHEDULEA %015 2814 RESIDENTIAL/FARM 1.0000 1.0000 MULTI -RESIDENTIAL 2.3458 2.3458 FARMLAND AWAITING DEVELOPMENT -RESIDENTIAL 0.5000 0.5000 COMMERCIAL OCCUPIED 1.8378 1.6876 COMMERCIAL VACANT LAND 1.1483 1.1403 INDUSTRIAL OCCUPIED 2.2251 2.2251 INDUSTRIAL VACANT LAND 1.4488 1.4463 LARGE INDUSTRIAL OCCUPIED 2.8318 2.8310 LARGE INDUSTRIAL VACANT 1.8407 1.8407 PIPELINES 1.1448 1.1448 FARM 0.2500 0.2500 MANAGED FORESTS 0.2500 0.2500 Attachment 1 Levy Increase Net Income 1,809,617 (1,809,617) 6.5% 62,895,055 63,127,970 232,914 1,290,660 Memo: Levy 27,684,415 29,494,032 J:\Common\Finance\Budget Development\2015 Proposed Budget\Financial Services\Summary5Operating Budget 04/02/2015 5:28 PM Column 1 Column 2 Column 3 Column 4 Column 5 t;oiumn u uowmn I Uoiumn u wwuui U Schedule B: current _- 2015 Operating Budget p g � Prior operating Current Operating Budget Operating Budget Revenue Expense Net Budget (Revenue)/Expense FORECAST/ ACTUAL Revenue Expense Net Budget (Revenue)/ Expense By -Law 15_05 (Over)/ Under PriorYear Percent Impact on Levy CORPORATE ACTIVITIES 1) Taxes 2) Interest Charges & Income 3) Social Services - St. Thomas 4) Health Unit 5) Grants (29,146,304) 88,277 - (338,976) - 918,047 (169,357) 2,842,400 1,279,371 318,576 (28,228,257) (81,080) 2,842,400 940,395 318,576 (28,710,575) (148,488) 2,723,372 926,443 314,576 29,037,845 100,000 - 635,472 - 2,592,400 946,303 323,356 (28,402,373) (100,000) 2,592,400 946,303 323,356 174,116 18,920 250,000 (5,908) (4,780) -0.6% -0.1% -0.9% 0.0% 0.0% 6) Rental Income 7) Property Assessment 8) Ontario Municipal Partnership Fund 9) Project Costs (188,262) (80,361) (37,321) (1,055,232) 136,212 803,394 (1,468,579) 929,538 (52,050) 723,033 (1,505,900) (125,695) (98,949) 723,033 (1,505,300) 442,582 239,772 1,204,300 1,044,082 162,502 726,009 - 958,964 (77,270) 726,009 (1,204,300) (85,118) 25,220 (2,976) (301,600) (40,577) -0.1% 0.0% 1.1% 0.1% 10) Corporate (30,758,179) 6,507,648 (25,168,578) (25,333,306) 31,625,999 6,345,007 (25,280,993) 112,415 -0.4% Departmental 11) Warden and Council 12 Administrative Services (3,036) (34,140) 361,500 506,766 358,464 472,626 308,829 411,957 3,036 34,184 373,542 457,582 370,506 423,398 (12,043) 49,229 0.0% -0.2% 13) Financial Services 14) Human Resources - (30,000) 555,520 555,520 522,560 540,581 474,998 - 35,000 574,258 605,944 574,258 570,944 (18,738) (48,384) 0.1% 0.2% 15 Administrative Building (373,713) 838,676 464,962 386,025 382;257 864,401 482,145 17,182) 0.1% 16) Corporate Expenditures 17) Eng'r & Land Div. ' 18) Homes (1,000) (1,711,107) (17,551,751) 827,758 12,995,241 22,198,387 826,758 11,284,134 4,646,637 688,586 10,244,922 4,204,259 1,000 2,105,953 17,582,692 840,684 13,651,380 22,548,193 839,684 11,545,427 4,965,502 (12,926) (261,293) (318,865) 0.0% 0.9% 1.2% 19) Museum & Archives 20 Uibrary Services (33,804) (274,127) 454,238 2,714,020 420,434 2,439,893 413,801 2,401,393 30,713 242,505 442,080 2,693,737 411,367 2,451,233 9,068 (11,339) 0.0% 0.0% 21) Information Technology (64,000) 912,024 848,024 796,971 32,500 930,338 897,838 (49,814) 0.2% 22) Provincial Offences 23) Collections 24) Ambul. & Emergency Meas. (1,557,308) (474,998) (6,601,617) 1,493,968 453,735 9,374,383 (63,340) (21,263) 2,772,767 (63,072) (15,397) 2,550,296 1,535,143 465,371 6,885,757 1,467,305 448,669 9,653,537 (67,838) (16,702) 2,767,780 4,498 (4,561) 4,987 0.0% 0.0% 0.0% 25) Econ.Dev'i, Tourism & Plan. (181,896) 1,345,873 1,163,977 1,054,008 123,329 1,231,313 1,107,984 55,994 -0.2% 26) Departmental (28,892,496) 55,032,089 26,692,152 24,398,157 29,459,439 56,782,963 27,323,524 (631,372) 2.3% 27) Elgin County (59,650,675) 61,539,737 1,523,574 (935,149) 61,085,438 63,127,970 2,042,531 (518,957) Levy Increase Net Income 1,809,617 (1,809,617) 6.5% 62,895,055 63,127,970 232,914 1,290,660 Memo: Levy 27,684,415 29,494,032 J:\Common\Finance\Budget Development\2015 Proposed Budget\Financial Services\Summary5Operating Budget 04/02/2015 5:28 PM COUNTY OF ELGIN Dy -Law 15-05 SCHEDULE C J19-1 Ai7Lf7-16- RESIDENTIAL MULTI -RESIDENTIAL FARMLAND AWAITING DEVELOPMENT - RESIDENTIAL COMMERCIAL OCCUPIED COMMERCIAL VACANT LAND INDUSTRIAL OCCUPIED INDUSTRIAL VACANT LAND LARGE INDUSTRIAL OCCUPIED LARGE INDUSTRIAL VACANT PIPELINES FARM MANAGED FORESTS 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. Prior Current 2014 2015 TAX RATES TAX RATES % Change % Change TAX RATES Assessment 0.584470% 0.599010% 2.49% 3.9% 1.371050% 1.405160% 2.49% 6.8% 0.292240% 0.299510% 2.49% -4.9% 0.957130% 0.980940% 2.49% 8.3% 0.669980% 0.686650% 2.49% 53.5% 1.300500% 1.332860% 2.49% -8.1% 0.845320% 0.866350% 2.49% 3.2% 1.655100% 1.696280% 2.49% -31.0% 1.075830% 1.102600% 2.49% 20.7% 0.668980% 0.685630% 2.49% 2.4% 0.146120% 0.149750% 2.48% 10.8% 0.146120% 0.149750% 2.48% 14.3%