CRD Building Public Infrastructure 2008

Presentation

A. CRD Financial IssuesB. Core Area Wastewater Treatment

ProjectC. Private Public Partnership D. Private Financing Company

CRD - Multi Year Capital Plan Assumptions - Requisition

Includes• regional costs allocated across entire CRD, and • programs allocated to subsets of

municipalities and electoral areas.

• Treats sewer operating and debt costs where invoiced to a municipality as a requisition.

• Does not include municipal debt charges on debt issued by the CRD on behalf of municipalities.

• Does not include local/specified/defined services in the electoral areas.

Projected Average Residential Requisition - LWMP Municipalities

Average Household Assessment

Colwood 414,744

Esquimalt 407,015

Langford 384,737

Oak Bay 761,817

Saanich 490,161

Victoria 474,409

View Royal 450,921

Colwood

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Esquimalt

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Langford

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Oak Bay

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Saanich

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Victoria

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Legend

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Other Hospital new

LWMP

Housing/Homeless

Disaster response co-ord

Parks

RJ Tower & VG Emerg

Hospital existing

Base

Projected Average Residential Requisition - Non LWMP Municipalities

Average Household Assessment

Central Saanich 471,053

Highlands 534,634

Metchosin 495,234

North Saanich 712,695

Sidney 414,333

Sooke 319,227

Central Saanich

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Highlands

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Metchosin

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North Saanich

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Sidney

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Sooke

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Other Hospital new

LWMP

Housing/Homeless

Disaster response co-ord

Parks

RJ Tower & VG Emerg

Hospital existing

Base

Projected Average Residential Requisition - Electoral Areas

Average Household Assessment

Juan de Fuca 414,827

Salt Spring Island 485,720

Southern Gulf Islands 390,799

Juan de Fuca EA

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Salt Spring Island EA

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Southern Gulf Islands EA

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Legend

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Other Hospital new

LWMP

Housing/Homeless

Disaster response co-ord

Parks

RJ Tower & VG Emerg

Hospital existing

Base

Core Area Sewerage Systems

Wastewater Management OptionsPotential Wastewater Treatment Plant Sites

Estimated Costs

Schedule

Procurement & Risk Transfer

Risks must be captured in legal agreements

Hypothetical PSC Financial Model

Capital Costs Operating Costs (Hard and Soft)

Life Cycle Costs

Required payments to be made by CRD

Transferred Risk, Insurance & Taxation

-

20

40

60

80

2005 2010 2015 2020 2025 2030

C$

Mill

ion

s

Traditional Payments

PPP Annual Payment

Construction Operations

Canada’s Municipal Infrastructure Deficit (Billions of Dollars)

Infrastructure Deficit by Category in 1996 and 2007

Infrastructure Deficit (2007)

= $123.6 billion

(New Needs = $115 billion)