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21-03 Adoption of Budget - February 9, 2021COUNTY OF ELGIN By -Law No. 21-03 " BEING A BY-LAW TO PROVIDE FOR THE ADOPTION OF THE 2021 BUDGET OF THE CORPORATION OF THE COUNTY OF ELGIN AND TO ESTABLISH THE 2021 TAX RATIOS AND TO ESTABLISH THE 2021 TAX RATES FOR THE COUNTY CONSTITUENT MUNICIPALITIES" 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; and, WHEREAS the province, starting in 2018, has giving municipalities the option to reduce the property tax rate on qualifying value-added activities that occur on farms as part of the farming business to 75 per cent lower than the industrial or commercial tax rates that would otherwise apply; and, WHEREAS the local municipally owned landfill sites in Dutton Dunwich and West Elgin did not previously pay property tax to the County for these properties and the new landfill tax ratio would unfairly penalize the local municipalities; and, WHEREAS it is necessary to apply the revenue neutral landfill ratio/tax rate; and, WHEREAS the Municipal Act, 2001, S.O. 2001 c.25 s.107 provides that Council may make grants to any body Council deems in the interest of the municipality NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin enacts as follows: 1. THAT the large industrial class be chosen as an optional property class. 2. THAT the optional 75% reduction in the Small -Scale On -Farm Business Sub - Class tax ratio remain in effect. 3. THAT the municipalities of Dutton Dunwich and West Elgin be granted relief on the full portion of the County property taxes on the landfills that these municipalities use for local resident waste. 4. THAT the 2021 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. 5. THAT the 2021 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. 6. THAT the 2021 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. 7. THAT the 2021 ten-year capital plan, set out in Schedule "D" attached hereto and forming part of this by-law, be approved and adopted by Council. 8. THAT debentures of $6 million in 2021, as part of a plan to borrow $44 million between 2020-2030 to fund the ten-year capital plan, be approved by Council. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 9T" DAY OF FEBRUARY 2021. r Julie Gonfyou, Chief Administrative Officer Tom Marks, Warden. COUNTY OF ELGIN By -Law 21-03 2021 SCHEDULE A Ratios rCCS1UC11 Udl I wv Farmland Awaiting Dev. 0.5000 0.5000 New Multi -Residential 10000 10000' Multi -Residential 1.9999 1.9999 Commercial - Occupied 1.6376 16376' Commercial - Small Value Added Farm 0.4094 0.4094 Commercial - Vacant Land 1.6376 16376 Industrial - Occupied 2.2251 2.2251 Industrial -Small Value Added Farm 0.5563 0.5563' Industrial - Vacant Land 2.2251 2.2251 Large Industrial - Occupied r 2.8318 2.8318' Large Industrial - Vacant 2.8318 2.8318 Pipelines 1.1446 1.1446' Farm 0.2300 0.2300 Managed Forests 0.2500 02500° Landfill 33.4027 33.4027 Schedule B ($000) 0) CORPORATE ACTIVITIES 1) WARDEN AND COUNCIL 2) ADMINISTRATIVE SERVICES 3) FINANCIAL SERVICES 4) HUMAN RESOURCES 5) ADMINISTRATION BUILDING 6) CORPORATE SERVICES 7) ENGINEERING SERVICES 8) HOMES FOR SENIORS SERVICES 9) MUSEUM/ARCHIVES 10) LIBRARY SERVICES 11) INFORMATION TECHNOLOGIES 12) PROVINCIAL OFFENSES & COLLECTIONS 13) AMBULANCE & EMERGENCY SERVICES 14) ECONOMIC DEVELOPMENT & TOURISM Total Regular Operating Net Income Budge Carry -Forward Project Budget Total Net Budget 2021 Operating Budget By -Law 21-03 Prior Budget Current Budget Better / (Worse) (Net Income) / (Net Income) / (Net Income) / Revenue Expense Cost Revenue Expense Cost Revenue Expense Cost 41,602 6,119 (35,483) 42,230 7,303 (34,927) 628 (1,183) (555) 3 424 421 3 424 421 - (0) (0) 345 1,035 689 426 1,234 808 80 (200) (119) - 663 663 - 723 723 (61) (61) 35 628 593 45 719 674 10 (91) (81) 746 1,412 666 829 1,479 650 83 (67) 16 25 843 818 25 944 919 (101) (101) 7,700 13,337 5,637 4,053 13,613 9,560 (3,647) (276) (3,923) 20,162 25,186 5,024 20,691 25,631 4,940 529 (445) 83 480 832 353 56 713 657 (424) 119 (305) 176 3,075 2,899 176 3,122 2,946 - (47) (47) 70 1,124 1,054 73 1,207 1,133 3 (83) (80) 2,079 1,958 (121) 2,293 2,157 (136) 214 (200) 15 8,109 11,365 3,256 8,108 11,734 3,626 (0) (369) (370) 411 1,924 1,513 332 1,413 1,081 (78) 511 432 81,941 69,922 (12,019) 79,341 72,418 (6,923) (2,601) (2,495) (5,0961 (2,459) (9,382) COUNTY OF ELGIN By -Law 21-03 SCHEDULE C: 2021 Tax Rates 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. Levy ($000) 37,275 39,060 4.8% Memo: Change in Levy Increases on existing buildings 1,096 2.9% Levy generated on new buildings (growth) 689 1.9% Schedule D 2021 Capital Budget By -Law 21-03 ($000) Prior Budget Current Budget Better / (Worse) 0) CORPORATE ACTIVITIES 25 108 (83) 5) ADMINISTRATION BUILDING 3,415 1,399 2,016 7) ENGINEERING SERVICES 20,834 22,917 (2,083) 8) HOMES FOR SENIORS SERVICES 1,343 3,570 (2,227) 9) MUSEUM/ARCHIVES 40 40 (0) 10) LIBRARY SERVICES 373 340 33 11) INFORMATION TECHNOLOGIES 779 796 (17) 13) AMBULANCE & EMERGENCY SERVICES 486 677 (191) 14) ECONOMIC DEVELOPMENT & TOURISM 10 (10) Carry -Forward Project Budget 40,457 Total Net Budget 70,315