AGENDA - Finance Advisory Committee - 20160524FINANCE
ADVISORY COMMITTEE
MEETING AGENDA
TUESDAY,MAY 24,2016
5:30 P.M.
LEKSAND ROOM
AURORA TOWN HALL
PUBLIC RELEASE
May 17,2016
TOWN OF AURORA
FINANCE ADVISORY COMMITTEE
MEETING AGENDA
DATE:Tuesday,May 24,2016
TIME AND LOCATION:5:30 p.m.,Leksand Room,Aurora Town Hall
1.DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE THEREOF
2.APPROVAL OF THE AGENDA
RECOMMENDED:
THAT the agenda as circulated by Legal and Legislative Services be approved.
3.RECEIPT OF THE MINUTES
Finance Advisory Committee Meeting Minutes of April 19,2016 pg.1
RECOMMENDED:
THAT the Finance Advisory Committee meeting minutes of April 19,2016,be
received for information.
4.DELEGATIONS
5.CONSIDERATION OF ITEMS
1.CFS16-017 –2017 Budget Preparation Directions pg.5
RECOMMENDED:
THAT Report No.CFS16-017 be received for discussion purposes;and
Finance Advisory Committee Meeting Agenda
Tuesday,May 24,2016 Page 2 of 3
THAT the comments and directions of Committee be incorporated into a
revised Budget Directives report for the next Finance Advisory Committee in
a form which can referred by Committee to Council for approval.
2.Memorandum from Treasurer pg.11
Re:Departmental Budget Review –Corporate Accounts
RECOMMENDED:
THAT the memorandum regarding Departmental Budget Review -Corporate
Accounts be received for information.
3.Memorandum from Treasurer
Re:Comparator Information –Residential Non-residential
Assessment Mix
(Material to be provided at meeting)
RECOMMENDED:
THAT the memorandum regarding Comparator Information –Residential
Non-residential Assessment Mix be received for information.
4.Review (Part 2)of the BMA Management Consulting Inc.Municipal Study –
2015 (Link to full report:http://www.aurora.ca/bma)
(Deferred from Finance Advisory Committee meeting of April 19,2016 –Item 2)
RECOMMENDED:
THAT the Review (Part 2)of the BMA Management Consulting Inc.Municipal
Study –2015 be received;and
THAT the comments of the Committee regarding the BMA Municipal Study –
2015 and its relevance and use by the Town of Aurora be referred to staff for
consideration.
5.Extract from Council Meeting of April 26,2016 pg.16
Re:Finance Advisory Committee Meeting Minutes of
March 22,2016
RECOMMENDED:
Finance Advisory Committee Meeting Agenda
Tuesday,May 24,2016 Page 3 of 3
THAT the Extract from Council Meeting of April 26,2016,regarding the
Finance Advisory Committee Meeting Minutes of March 22,2016,be
received for information.
6.NEW BUSINESS
7.ADJOURNMENT
TOWN OF AURORA
FINANCE ADVISORY COMMITTEE
MEETING MINUTES
Date:Tuesday,April 19,2016
Time and Location:5:30 p.m.,Leksand Room,Aurora Town Hall
Committee Members:Councillor Michael Thompson (Chair),Councillor Harold
Kim,and Mayor Geoffrey Dawe
Member(s)Absent:None
Other Attendees:Councillor Tom Mrakas,Doug Nadorozny,Chief
Administrative Officer,Al Downey,Director of Parks and
Recreation Services,Dan Elliott,Director of Corporate and
Financial Services/Treasurer,Jason Gaertner,Manager of
Financial Planning/Deputy Treasurer,and Linda Bottos,
Council/Committee Secretary
The Chair called the meeting to order at 5:34 p.m.
1.DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE THEREOF
There were no declarations of pecuniary interest under the Municipal Conflict of
Interest Act.
2.APPROVAL OF THE AGENDA
Moved by Mayor Dawe
Seconded by Councillor Kim
THAT the agenda as circulated by Legal and Legislative Services be approved.
CARRIED
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Finance Advisory Committee Meeting Minutes
Tuesday,April 19,2016 Page 2 of 4
3.RECEIPT OF THE MINUTES
Finance Advisory Committee Meeting Minutes of March 22,2016
Moved by Councillor Kim
Seconded by Mayor Dawe
THAT the Finance Advisory Committee meeting minutes of March 22,2016,be
received for information.
CARRIED
4.DELEGATIONS
None
5.CONSIDERATION OF ITEMS
1.Departmental Budget Review (Continued)–Parks and Recreation Services
(PRS);Presentation by Al Downey,Director of Parks and Recreation
Services
Mr.Downey continued the PRS departmental budget review with an examination
of the 2015 Budget major variances,items within the budget that require right-
sizing,the proposed seniors subsidy program,and priorities for consideration in
the 2017 Budget.The Committee and staff discussed options for the reporting of
anomalies and their impact on the budget.It was agreed that PRS key
performance indicators and relative statistics would be presented at the next
meeting,as well as recommendations for budget positioning.
Moved by Mayor Dawe
Seconded by Councillor Kim
THAT the Departmental Budget Review (Continued)–Parks and Recreation
Services (PRS)and Presentation by Director of Parks &Recreation Services be
received;and
THAT the comments of the Committee be referred to staff for consideration.
CARRIED
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Finance Advisory Committee Meeting Minutes
Tuesday,April 19,2016 Page 3 of 4
2.Review (Part 2)of the BMA Management Consulting Inc.Municipal Study –
2015;Link to full report:http://www.aurora.ca/bma;Presentation by Dan
Elliott,Director of Corporate and Financial Services/Treasurer
Motion to defer
Moved by Councillor Kim
Seconded by Mayor Dawe
THAT Item 2,Review (Part 2)of the BMA Management Consulting Inc.
Municipal Study –2015;Link to full report:http://www.aurora.ca/bma;
Presentation by Dan Elliott,Director of Corporate and Financial
Services/Treasurer,be deferred to the Finance Advisory Committee meeting
of May 17,2016.
CARRIED
3.Memorandum (Updated)from Treasurer
Re:History of Residential/Non-residential Assessment Split
Staff provided background to the updated memorandum including a brief
explanation of tax ratios for the non-residential sector,tax classes,and
calculations.The Committee suggested that comparators would help to
understand how the Town relates to other municipalities and to determine the
best ratio.Staff agreed to provide the Committee with comparator information.
Moved by Mayor Dawe
Seconded by Councillor Kim
THAT the memorandum (updated)regarding History of Residential/Non-
residential Assessment Split be received for information.
CARRIED
4.Extract from Council Meeting of February 9,2016
Re:Finance Advisory Committee Meeting Minutes of January 19,2016
Moved by Councillor Kim
Seconded by Mayor Dawe
THAT the Extract from Council Meeting of February 9,2016,regarding the
Finance Advisory Committee Meeting Minutes of January 19,2016 ,be
received for information.
CARRIED
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Finance Advisory Committee Meeting Minutes
Tuesday,April 19,2016 Page 4 of 4
5.Extract from Council Meeting of March 8,2016
Re:Finance Advisory Committee Meeting Minutes of February 16,2016
Moved by Mayor Dawe
Seconded by Councillor Kim
THAT the Extract from Council Meeting of March 8,2016,regarding the
Finance Advisory Committee Meeting Minutes of February 16,2016,be
received for information.
CARRIED
6.NEW BUSINESS
None
7.ADJOURNMENT
Moved by Councillor Kim
Seconded by Mayor Dawe
THAT the meeting be adjourned at 6:54 p.m.
CARRIED
COMMITTEE RECOMMENDATIONS ARE NOT BINDING ON THE TOWN UNLESS
ADOPTED BY COUNCIL AT A LATER MEETING.
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MEMORANDUM
DATE:May 24,2016
TO:Finance Advisory Committee
CC:Doug Nadorozny,Jason Gaertner,Tracy Evans,Karen Oreto,Laura Sheardown
FROM:Dan Elliott,Treasurer
RE:Departmental Budget Review –Corporate Accounts
RECOMMENDATIONS
THAT the memorandum regarding Departmental Budget Review –Corporate
Accounts be received for information.
BACKGROUND
At the February 16,2016 meeting of the Finance Advisory Committee,the Committee
commenced its first line by line detailed budget review of the corporation’s departments
starting with Parks and Recreation Services (PRS).This review was substantially completed
on April 19,2016 with one follow-up discussion pending.In the interim,the committee will
commence its review of its second department being the Corporation’s Corporate Accounts.
A similar suite of financial analysis has been prepared for the Corporate Accounts as was
prepared for Parks &Recreation.Please find attached the following detailed financial
analysis for all of the key sections of the Corporate Accounts being:
ATTACHMENTS
Attachment #1 –Core Corporate Accounts
Attachment #2 –Taxation Accounts
100 John West Way
Box 1000
Aurora,Ontario
L4G 6J1
Phone:905-727-3123 ext.4772
Email:delliott@aurora.ca
www.aurora.ca
Town of Aurora
Corporate and Financial
Services
Finance Advisory Committee Meeting Agenda
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2013 2014 20152015 20162016!vs 2016!vs 2015!vs 2015!vsFull!Year Full!Year Full!YearApproved Approved2015!Budget 2015!Budget 2014!Actual 2014!ActualActuals Actuals ActualsBudget BudgetIncrease!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease)REVENUE:3‐1201!OTHER‐50,000‐333,874‐18,782‐18‐18‐‐315,092 (94.4%)3‐1400!PENALTIES!ON!TAXES‐1,002,700‐987,221‐891,175‐975,000‐975,000‐‐‐96,046 (9.7%)3‐1401!INVESTMENT!INCOME‐2,177,927‐1,875,523‐1,625,470‐1,550,000‐1,550,000‐‐‐250,053 (13.3%)3‐1402!INTEREST!FROM!HYDRO!PROCEEDS‐500,000‐400,000‐‐300,000‐200,000‐100,000 (33.3%)‐400,000 (100.0%)3‐1801!PROVINCIAL!GRANTS‐ ‐ ‐408,278‐234,600‐234,600‐‐408,278‐3‐1803!OTHER!GRANTS‐1,461,020‐1,579,548‐1,540,515‐1,540,518‐1,617,51877,0005.0%‐39,033 (2.5%)3‐1901!CONTRIBUTION!FROM!DISCRETIONARY!RESERV5,886‐‐‐‐150,000150,000‐‐‐3‐1902!CONTRIBUTION!FROM!OBLIGATORY!RESERVES‐235,000‐‐‐‐‐‐‐‐3‐1929!TAX!RATE!STABILIZATION!CONTRIBUTION‐140,200‐606,700‐24,900‐9,900‐‐9,900 (100.0%)‐581,800 (95.9%)3‐1932!WORKERS!COMPENSATION!CONTRIBUTION‐76,439‐87,576‐103,651‐85,000‐85,000‐‐16,075 18.4%3‐1964!INDOOR!REC!DC!CONT'N‐1,883,056‐1,883,885‐1,884,125‐1,884,100‐320,500‐1,563,600 (83.0%)2400.0%3‐1965!LIBRARY!DC!CONT'N‐289,425‐289,500‐289,500‐289,500‐289,500‐‐‐‐Total!Revenue‐7,809,881‐8,043,827‐6,786,396‐6,868,618‐5,422,100‐1,446,518 (21.1%)‐1,257,431 (15.6%)EXPENSE:4‐2000!SALARIES!‐!F/T18 11‐‐‐‐‐(11) (100.0%)4‐2105!BENEFITS!‐!DENTAL2,642 15,242‐25,4568,180 9,4711,29115.8%(40,698) (267.0%)4‐2106!BENEFITS!‐!!HEALTH4,145 22,345‐43,27513,675 18,0294,35431.8%(65,620) (293.7%)4‐2200!WAGE!RECOVERY‐146,955‐‐‐150,000‐150,000‐‐‐‐TOTAL!SALARIES!&!BENEFITS‐140,150 37,598‐68,731‐128,145‐122,500 5,6454.4% (106,329) (282.8%)This!2015!increase!in!grant!revenue!is!attributable!the!commencement!of!the!on‐going!receipt!of!the!new!OCIF!formula!grant!funding,!in!addition!to!the!one‐time!receipt!of!$173.7k!grant!funding!in!support!of!the!2013!Ice!Storm!Damages.!The!reduced!draw!on!the!Rate!Stabilization!Reserve!in!2015!is!attributable!to!the!completion!of!the!phase!in!of!the!Building!Service!overhead!allocation!adjustments!and!there!no!longer!being!a!need!to!stabilize!budget!impacts!as!a!result!of!the!AFLC!closure!in!2014.This!reduction!in!expenditures!in!2015!is!attributable!to!the!receipt!of!multiple!one‐time!premium!credits!in!relation!to!health!and!dental!benefits!for!retired!town!employees.VARIANCE!EXPLANATIONThis!decrease!in!revenues!was!attributable!to!a!one‐time!HST!tax!rebate!that!the!town!received!in!2014!that!resulted!from!a!3rd!party!audit!that!was!undertaken.For!2015,!the!interest!allocation!methodology!was!updated!to!ensure!fair!allocation!of!interest!yield!is!earned!by!reserves,!resulting!in!a!larger!share!of!investment!income!going!to!reserves!and!less!being!retained!by!the!Operating!Fund.Decrease!in!revenue!attributable!to!a!strategic!decision!to!not!draw!the!budgetted!interest!revenue!in!recognition!that!it!was!not!required!in!2015!due!to!other!peak!development!related!revenues!which!were!already!available,!and!no!deficit!was!required!to!be!balanced!out.This!budget!line!will!likely!require!adjustment!for!2017,!due!to!clearing!of!old!tax!arrears!accounts,!such!as!12!Industrial.ATTACHMENT #1
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2013 2014 20152015 20162016!vs 2016!vs 2015!vs 2015!vsFull!Year Full!Year Full!YearApproved Approved2015!Budget 2015!Budget 2014!Actual 2014!ActualActuals Actuals ActualsBudget BudgetIncrease!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease)VARIANCE!EXPLANATION4‐4028!COST!REALLOCATIONS‐398,600‐526,600‐476,600‐476,600‐476,600‐‐50,0009.5%4‐5048!AUDIT!FEES6,486 32,718 45,83040,900 40,900‐‐13,11240.1%4‐5059!CONTRACTS375,886‐‐‐30,10030,100‐‐‐4‐5068!OPERATING!CONTINGENCIES13,029 157,173 44,81835,000 35,000‐‐(112,355) (71.5%)4‐5903!WSIB!CLAIMS!COSTS76,439 87,576 103,65185,000 85,000‐‐16,07518.4%4‐6000!CAPITAL!LOAN!REPAYMENT1,867,495 1,867,338 1,866,5291,884,100 320,500(1,563,600) (83.0%)(809)‐4‐6026!CORPORATE!COURSES!&!SEMINARS23,813‐‐‐‐‐‐‐‐4‐8002!CONTRIBUTIONS!TO!CAPITAL3,823,900 4,031,900 4,212,2004,212,200 4,594,700382,5009.1% 180,3004.5%4‐8003!CONTRIBUTIONS!TO!DISCRETIONARY!RESERVES544,425 676,401 1,310,514309,500 309,500‐‐634,11393.7%4‐8004!CONTRIBUTIONS!TO!OBLIGATORY!RESERVES1,461,020 1,579,548 1,540,5151,775,118 1,852,10076,9824.3% (39,033) (2.5%)TOTAL!OTHER!EXPENSES7,793,893 7,906,054 8,647,457 7,865,218 6,791,200 (1,074,018) (13.7%) 741,4039.4%TOTAL!EXPENSES7,653,743 7,943,652 8,578,726 7,737,073 6,668,700 (1,068,373) (13.8%) 635,0748.0%NET!BUDGET‐156,138‐100,175 1,792,330 868,455 1,246,600 378,14543.5% 1,892,505 (1,889.2%)This!expenditure!decrease!is!attributable!to!a!one‐time!PSAB!driven!adjustment!to!the!corporation's!Post!Retirement!Benefit!and!WSIB!liabiilty!estimates!that!was!completed!in!2014.This!increase!in!contributions!to!reserves!is!predominantly!in!relation!to!the!one‐time!contribution!of!excess!SUPP!Taxation!Revenues!to!reserves!in!2015.Finance Advisory Committee Meeting Agenda
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2013 2014 20152015 20162016!vs 2016!vs 2015!vs 2015!vsFull!Year Full!Year Full!YearApproved Approved2015!Budget 2015!Budget 2014!Actual 2014!ActualActuals Actuals ActualsBudget BudgetIncrease!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease)REVENUE:3‐1411!RESIDENTIAL!TAX!CLASS‐28,313,560‐29,576,770‐32,491,317‐37,857,267‐40,345,0262,487,759 6.6% 2,914,547 9.9%3‐1412!MULTI‐RESIDENTIAL!TAX!CLASS‐360,172‐349,930‐378,732‐‐‐‐28,802 8.2%3‐1413!COMMERCIAL!TAX!CLASS‐2,630,935‐2,692,718‐2,695,548‐‐‐‐2,830 0.1%3‐1414!COMMERCIAL!EXCESS!LAND!TAX!CLASS‐54,169‐54,888‐54,841‐‐‐‐‐47 (0.1%)3‐1415!COMMERCIAL!VACANT!LAND!TAX!CLASS‐133,982‐140,256‐147,778‐‐‐‐7,522 5.4%3‐1416!SHOPPING!CENTRE!TAX!CLASS‐392,751‐398,857‐404,374‐‐‐‐5,517 1.4%3‐1417!SHOPPING!CENTRE!EXCESS!LAND!TAX!CLASS‐2,566‐2,589‐2,621‐‐‐‐32 1.2%3‐1419!INDUSTRIAL!TAX!CLASS‐427,596‐429,817‐451,612‐‐‐‐21,795 5.1%3‐1420!INDUSTRIAL!EXCESS!LAND!TAX!CLASS‐34,639‐18,759‐15,817‐‐‐ ‐ ‐2,942 (15.7%)3‐1421!INDUSTRIAL!VACANT!LAND!TAX!CLASS‐65,259‐82,868‐93,762‐‐‐‐10,894 13.1%3‐1423!INDUSTRIAL!(SHARED!LIKE!PIL)!TAX!CLASS‐5,487‐5,515‐5,564‐‐‐‐49 0.9%3‐1424!LARGE!INDUSTRIAL!TAX!CLASS‐272,599‐277,655‐276,563‐‐‐ ‐ ‐1,092 (0.4%)3‐1427!PIPELINE!TAX!CLASS‐37,886‐38,368‐38,776‐‐‐‐408 1.1%3‐1428!FARM!TAX!CLASS‐12,337‐11,998‐12,759‐‐‐‐761 6.3%3‐1429!MANAGED!FORESTS!TAX!CLASS‐677‐718‐722‐‐‐‐4 0.6%3‐1430!RAIL!WAY!RIGHT!OF!WAYS!TAX!CLASS‐28,640‐28,906‐29,048‐‐‐‐142 0.5%3‐1431!UTILITY!TRANSMISSIONS/DISTRIBUTION!TAX!C‐86,323‐86,641‐86,810‐‐‐‐169 0.2%3‐1435!OFFICE!BUILDINGS!TAX!CLASS‐207,734‐210,136‐213,299‐‐‐‐3,163 1.5%3‐1436!OFFICE!BUILDINGS!EXCESS!LAND!TAX!CLASS‐12,063‐12,206‐12,392‐‐‐‐186 1.5%3‐1437!INDUSTRIAL!(NEW!CONSTRUCTION)!TAX!CLASS‐46,091‐46,778‐47,632‐‐‐‐854 1.8%3‐1443!COMMERCIAL!(NEW!CON)!TAX!CLASS‐364,056‐479,305‐576,641‐‐‐‐97,336 20.3%3‐1444!COMMERCIAL!(NEW!CON)!EXCESS!LAND!TX!CLS‐1,005‐1,220‐1,225‐‐‐‐5 0.4%3‐1448!SHOPPING!CTRE!(NEW!CON)!TAX!CLASS‐568,417‐566,940‐585,584‐‐‐‐18,644 3.3%3‐1449!SHOPPING!CTRE!(NEW!CON)!EXCESS!LND!TX!CL‐2,838‐3,667‐3,674‐‐‐‐7 0.2%Total!Revenue‐34,061,782‐35,517,505‐38,627,091‐37,857,267‐40,345,026 2,487,759 6.6%3,109,586 8.8%EXPENSE:TOTAL!SALARIES!&!BENEFITS‐‐‐‐‐‐‐‐‐4‐8003!CONTRIBUTIONS!TO!DISCRETIONARY!RESERVES‐‐‐‐600,000600,000‐‐‐4‐9000!RESIDENTIAL!TAX!CLASS30,564 72,457 335,799180,000 180,000‐‐263,342 363.4%4‐9001!MULTI‐RESIDENTIAL!TAX!CLASS‐ ‐ ‐13,752‐‐‐‐(13,752)‐4‐9002!COMMERCIAL!TAX!CLASS229,270 15,368 33,722‐‐‐‐18,354 119.4%4‐9003!COMMERCIAL!EXCESS!LAND!TAX!CLASS‐14,925 4,310‐549‐‐‐‐(4,859) (112.7%)4‐9004!COMMERCIAL!VACANT!LAND!TAX!CLASS‐43,984 38,309‐‐‐‐(5,675) (12.9%)4‐9005!SHOPPING!CENTRE!TAX!CLASS22,611 18,537 201‐‐‐‐(18,336) (98.9%)4‐9006!SHOPPING!CENTRE!EXCESS!LAND!TAX!CLASS‐7,775‐‐‐‐‐(7,775) (100.0%)4‐9008!INDUSTRIAL!TAX!CLASS3,465 7,153 52,143‐‐‐‐44,990 629.0%4‐9009!INDUSTRIAL!EXCESS!LAND!TAX!CLASS‐733‐‐‐‐‐‐‐‐4‐9010!INDUSTRIAL!VACANT!LAND!TAX!CLASS7,835 402 6,682‐‐‐‐6,280 1,562.2%4‐9013!LARGE!INDUSTRIAL!TAX!CLASS3,322‐‐‐‐‐‐‐‐VARIANCE!EXPLANATIONThis!increase!in!tax!revenues!is!simply!a!combination!of!growth!revenue,!plus!tax!rate!increase,!plus!supplementary!tax!revenue!beyond!its!budget!amount.ATTACHMENT #2
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2013 2014 20152015 20162016!vs 2016!vs 2015!vs 2015!vsFull!Year Full!Year Full!YearApproved Approved2015!Budget 2015!Budget 2014!Actual 2014!ActualActuals Actuals ActualsBudget BudgetIncrease!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease) Increase!/!(Decrease)VARIANCE!EXPLANATION4‐9017!FARM!TAX!CLASS‐85‐‐‐‐‐‐‐‐4‐9021!VACANCY!TAX!REBATES‐COMMERCIAL23,263 46,620 36,210‐‐‐‐(10,410) (22.3%)4‐9022!VACANCY!REBATES‐INDUSTRIAL23,049 34,058 13,008‐‐‐‐(21,050) (61.8%)4‐9023!CHARITY!REBATES15,576 16,321 18,016‐‐‐‐1,695 10.4%4‐9035!COMMERCIAL!(NEW!CONSTRUCTION)!TAX!CLAS‐2,054‐4,816‐‐‐‐(6,870) (334.5%)4‐9036!COMM!(NEW!CON)!EXCESS!LAND!TAX!CLASS‐ ‐ ‐437‐‐‐‐(437)‐4‐9040!SHOP!CTRE!(NEW!CON)!TAX!CLASS‐ ‐ ‐1,860‐‐‐‐(1,860)‐4‐9041!SHOP!CTRE!(NEW!CON)!EXCESS!LAND!TAX‐ ‐ ‐887‐‐‐‐(887)‐TOTAL!OTHER!EXPENSES343,212 269,039 511,789 180,000 780,000 600,000 333.3% 242,750 90.2%TOTAL!EXPENSES343,212 269,039 511,789 180,000 780,000 600,000 333.3%242,750 90.2%NET!BUDGET‐33,718,570‐35,248,466‐38,115,302‐37,677,267‐39,565,026 (1,887,759) (5.0%) 2,866,836 8.1%This!increase!in!expenditures!is!attributable!to!larger!than!usual!assessment!appeal!tax!reductions!driven!by!MPAC!working!to!clear!their!backlog!prior!to!the!reassessment!for!2016.Finance Advisory Committee Meeting Agenda
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Page 1 of 1
9.CONSIDERATION OF ITEMS REQUIRING SEPARATE DISCUSSION
1.General Committee Meeting Report of April 19,2016
(12)Finance Advisory Committee Meeting Minutes of March 22,2016
Moved by Councillor Gaertner
Seconded by Councillor Mrakas
THAT the Finance Advisory Committee meeting minutes of March 22,2016,be
received for information.
CARRIED
EXTRACT FROM
COUNCIL MEETING OF
TUESDAY,APRIL 26,2016
Finance Advisory Committee Meeting Agenda
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