City of Brampton Budget 2017 Budget/Presentation Co… · Presentation to Council December 14, 2016...
Transcript of City of Brampton Budget 2017 Budget/Presentation Co… · Presentation to Council December 14, 2016...
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City of Brampton
Budget 2017
Presentation to
Council
December 14, 2016
Page 2 SPECIAL COUNCIL MEETING
December 14, 2016
OUTLINE
• Where We Are and How We Did It
• Future Ready: Momentum
• Value to Citizens
• Operating Budget
• Capital Budget
• Major Initiatives
• Summary
Overview
Page 3 SPECIAL COUNCIL MEETING
December 14, 2016
2017 PROPERTY TAX IMPACT
Overview
4.9% 3.6% Net Savings:
$5.5M Assessment Growth:
$1.3M 3.3%
2.3% OVERALL City, Region, Schools
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2017 PROPOSED COMPLEMENT
-
20
40
60
80
100
120
140
August 2016 Now
Fire & Emergency Services Transit Other
Overview
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SUSTAINABLE TRANSFORMATION
2017 2018 2019 & beyond
Cost reduction $3.8M $4.3M $4.3M
Cost avoidance $4.5M $7.8M $7.8M
Total $8.3M $12.1M $12.1M
Term of Council: $20.4M
Cost Improvements
Key benefits: • More agile, responsive organization
• Clarity in roles and objectives
• Changing the corporate culture
Sustainable
financial benefits are a
by-product of this change
Overview
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Good Government
Move & Connect
Smart Growth
Strong Communities
• Corporate transformation: increased productivity, $8.3M cost improvement
• CD Howe A-, Standard & Poor’s Triple-A
• Codes of Conduct, Lobbyist and Gift Registries
• Community engagement and ethnic media programs
• Multi-year budgeting
• Corporate Asset Management Plan
• Enhanced Züm services
• Expanded GO Services, rail network, innovation corridor
• Applied for $65M PTIF funding for Transit initiatives
• $63M capital roads, resurfacing, bridge and trail projects
• University announced for Brampton
• Economic Development and Culture refocused
• Official Plan Review, Environment, Cultural Heritage Master Plans
• Riverwalk downtown revitalization kickoff
• $40M City-invested to Peel Memorial construction opening
• Renewed Recreation focus on community health, wellness
• Youth engagement survey completed
• Inclusion and equity initiatives
STRATEGIC PLAN: 2016 Accomplishments
Overview
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FUTURE READY: Momentum
Continue to modernize our corporation
Become a magnet for jobs and innovation
Build an urban future
COUNCIL’S VISION Brampton is a connected city that is innovative, inclusive and bold
Overview
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“We estimate that Brampton’s
economy is very strong… We view
the city’s economy as dynamic and
well diversified, which robust
population growth supports.”
Standard & Poor’s
Brampton is a global market leader :
• Top 10 Mid-Sized American Cities of the
Future 2015/16
• Top 10 for Business Friendliness and
Connectivity
fDi Intelligence, a division of the Financial Times (UK)
FUTURE READY: Momentum
Overview
BRAMPTON
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VALUE TO CITIZENS
3.3% New and Enhanced
Infrastructure Levy
0.5% Base Operating Increase
0.8%
2.0%
Overview
2.3% OVERALL City, Region, Schools
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City of Brampton,
$2,115
Hospital Levy, $49
Region of Peel,
$1,743
School Boards,
$781
TYPE OF HOME VALUE TOTAL INCREASE
Average Residential $443,000 $4,688 $107
Single Detached
$507,000
$5,352
$124
Semi Detached $369,000 $3,884 $91
Townhouse $353,000 $3,723 $87
Condominium $240,000 $2,587 $62
2017 RESIDENTIAL TAX BILL
Overview
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BASE OPERATING INCREASE
2017 Proposed: 0.5%
• Respond to population growth
• Maintain service levels
• Accommodate inflation
Overview
CPI: Consumer Price Index (inflation) As at September 2016
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
Base Operating Increase Toronto CPI Ontario CPI
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NEW & ENHANCED: Transit
Community Value
• Züm growth, BRT and
support corridors
• Better connectivity
- Spadina subway link
• Increased frequency and
service levels
• Ridership increase of 500,000
Overview
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NEW & ENHANCED: Fire
Community Value
• Provides FULL RESPONSE (5
trucks) in 8 minutes, 90% of
the time (from current 27%)
• Improves response times
• Puts another fire apparatus in
service
• Meets NFPA* standards
* NFPA = National Fire Protection Association
Current
Levels
Overview
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INFRASTRUCTURE LEVY
Infrastructure Levy: 2.0% • Total asset replacement cost =
$5.1B (excluding land)
• Maintain existing assets
• Leverage Federal and
Provincial funding
Overview
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INFRASTRUCTURE LEVY
Overview
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LEVERAGING INVESTMENTS
F: $25.3B
P: $55B
F: $21.9B
P: $325M
F: $10.1B
P: $26B F: $21.9B
P: $52B
Federal: $180B over 11 years
Transport
Green Transit
Social
Provincial: $137B over 10 years
Overview
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2017-2019 Operating Budgets ($000s) 2017 2018 2019
Base Operating Increase 2,333 4,693 6,615
New and Enhanced 3,284 3,656 4,460
Infrastructure Levy 8,452 9,050 9,649
TOTAL Variance 14,068 17,400 20,724
Budget Increase % 3.3% 3.8% 4.3%
Proposed
CHANGES TO OPERATING BUDGET
Operating
1% of City property tax levy = $4.2M
2017 Operating Budget = $631.6M
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2017-2019 Capital Budgets ($000s) 2017 2018 2019 TOTAL
Public Works & Engineering 61,970 82,337 81,409 225,716
Community Services 34,700 39,107 55,170 128,977
Transit 71,421 18,298 25,748 115,467
Corporate Services 6,503 6,290 7,427 20,220
Fire & Emergency Services 5,330 7,675 3,821 16,826
Planning & Development Services 1,667 1,635 1,505 4,807
Other 1,676 1,346 1,800 4,822
Totals 183,267$ 156,688$ 176,880$ 516,835$
CAPITAL BUDGET
Capital
Proposed
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MAJOR INITIATIVES
• Facility repair and replacement
• Sandalwood Transit Facility expansion
• Road resurfacing
• Road widenings
• Züm Airport Road expansion
• New buses
Capital
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RESPONSIBLE BUDGET
2.3% TAX IMPACT City, Region, Schools
Best-in-Class Foundation
Trust and confidence Continuous improvement, innovation
Modernize corporation Focus on progress
Teamwork: Council and Staff
Respond to growth Enhance public safety
Move and connect people Infrastructure investment