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Lakeshore Advance, 2011-04-20, Page 2ay, April 20, 2011 Lambton Shores: It could cost you $9.34 over 2010 amount Lynda Hillman-Rapley Lakeshore Advance Nearing the end of budget talks, the estimated tax rate increase will cost you ( for a $100,000 of assessment) $9.34 increase over the 2010 amount. What to do what to do? CAO John Byrne explained that council asked the management Tema to take another look at the draft budget 2011 Budget to see if there were any areas where reductions could be made to help bring the tax rate down to 0%. "Unfortunately we do not believe there are any other areas where reductions could be made that would not result in potential problems down the road," he said. Counc. Martin Underwood agreed stating in his opinion they have cut everywhere they could and they should not be asking them to cut anymore. "As I indicted to Council at the outset that the budget review process was a very thorough and exhaustive one that began in early September last year. Our target then was a 2% increase over last year but that was made difficult by the new Policing Contract that takes up 2596 of the tax supported budget alone, along with significant increases in insurance premiums, fuel and hydro costs. Council also has a collective agreement with staff that called for a 2.75% wage adjustment. The 201 1 budget is also reflecting the cost of long term financing for the new Legacy Centre," said Byrne. Since building permits are continually monitored, as the objective is for the permit fees to cover the cost to deliver the building inspection services, including the admin support and ongoing training of staff. The building department is one of the business units that provides services to a specific portion of the municipality and the goal is for those benefiting from the service to fully cover the costs of providing the service. Currently, the fees charged are not fully sustaining the department. Changes to the fee structure were discussed and Deputy mayor Elizabeth Davis Dagg said developers are concerned Our auto loans can put you on the road easier than ever 64 • United Communities Credit Union myunited.ca 48 Ontario St, Clinton 118 Main St N, 519.482.3466 Exeter 519.235.0640 'New vehicles only, personal use. Rate subject td change. OAC. APR is equal to 5.484b based on 5 year term with payments of $477.40 including registration fee of $60.00. Total cost of borrowing $3,586.88. about "short term gain for long term loss" "We should not discourage building;' she 'they have had to adjust the $11 million in said. She asked that this report be deferred. 2011 and $12 million in 2012 to reflect the Counc. Martha Underwood said they were new projected cost of $26 million (that will stalling so they didn't have to make the hard be in the final budget document). decisions. "We need to deal with this now," he said. Davis Dagg asked how this would Once they figure out what somethin affect the budget numbers and if they could going to cost they develop a plan to come up do it next year. Treasuere Janet Ferguson with those funds. First they adjust sewer explained that as it stood, there was not rates to start building toward that, then they enough funding in the projections for what adjust Development Charges so new they need to do now. development pays its fair share, then if Council passed a motion 'Ihat 50% of the available they go after grant money and then Building Permit fee increases proposed in adjust and tweak the projected time frame the "Change to the Core" be implemented based on those numbers. If there are no in September 2011, and the balance be grants then it will take them longer to build implemented in September of 2012. Council up the funds we need, If there is no or slow members agreed that this would encourage development, then the same thing. When builders to build before the Sept. increase. they originally contemplated the new plant Fire trucks and roads the time frame was much longer but when Waiting another year for fire trucks seems the government gave them 2/3rds the cost ridiculous to Underwood who stated nothing they could cut that time frame down will he cheaper next year. Roads was another considerably. "It is something you have to budget issue council realizes does not have constantly adjust and tweak to reflect enough funding for. In a tnotion they agreed circumstances. the 2011 Contribution to the Road Reserve 7 says Byrne. As the "lead municipality" be increased by $ 50,000.00 and that the for the project they show the full cost of the 2011 contributions to the Fire reserves be plant in their budgeting but also show that increased by $62,500.00. the partners (South Huron and Bluewater) Deputy mayor asks for deferral of will be paying their shares and Lambton projection Shores show all the grant money in their As a suggestion to pass the budget was budget. "It is up to our partners to determine nearing Davis Dagg asked about the $11 how they will come up with their shares," million projection for the sewer treatment facility. She asked CAO John Byrne if it could 'throughout the whole process they have be taken off this year's budget and put it to make sure the residents can actually back next year, suggesting it has not been on afford it. "The council is representing those the hooks for the past couple of years but residents and need to be assured it is was quickly corrected by the CA() and affordable," says Byrne. treasurer that yes, this number has been a projected and in the budget as a projection for the past three or four years. She rade a motion to have it removed but there was no seconder so the motion was lost. Explaining this projection When it comes to capital projections Lambton Shores is responsible for roads and watermains and sanitary sewers and recreational facilities along with fire halls and fire trucks. They know they have a certain life expectancy. It is their job to determine what that is and when they will be expected to do major repairs and or replacements, so they set aside money in special reserve accounts each year to ensure they have the money they need down the road. As an example, the Grand Bend lagoons are getting past their life expectancy (30 years) and they know what it will cost to keep thein going, so they set that money aside for when they need it. 'they also have to project community growth in determining how big they will need to be to meet that growth down the road and start setting money aside to meet that cost. CAO John Byrne said in the past municipalities didn't plan that far ahead and tried not to increase taxes or water rates but when the were faced with the actual need to do something they faced making dramatic tax increases or were forced to borrow money to meet those costs. "Setting aside money now and earning interest on that money avoided or lessened the need to borrow money and avoided the big jumps in taxes and water rates," he said. In the treatment plants case it is being paid for by Just the residents who will need it in Grand Bend. "All the sewer system users in Lambton Shores are helping Grand Bend build this plant. Just like Grand Bend residents will be contributing to the future needs in the other areas. 'C'hat's one of the strengths of amalgamating," he explains. As it stands As it stands after last week's meeting the tax rate increase stands at 1.92 % over the 2010 tax rate. The Taxable assessment increase (market value assessment) of 6.71% and of that 1.41% is growth related, ('This increase is new homes or buildings added to the assessment that were not in last year's budget). '1'his translates to $495.02 for $100,000.00 of assessment or $9.34 increase over the 2010 amount. The total operating budget expenditures equal $ 19,557,556.85. The 2011 taxation amount required is $8,344,369.15 which is 9.28% over 2010, 'the primary increases to the amount required is the increase in policing and insurance costs as well as the increase allocations to the road and fire reserve funds. oetL.iine Iakeshoreadvance.com Get all of your news, sports and more. Serving Grand fiend and surrounding area