Building Up Our Community

2014 Capital Plan

2014 to 2018

Goal

• To be consistent with our strategic approach in making balanced and responsible investments in building up our community.

• Continue increased capital spending.

• Continue record investment in roads, sewers, and infrastructure.

• Enhance and invest in our community assets.

Our Balanced Approach • Since 2004 we have maintained a balanced

approach to our City budgeting process.

• Our plan has focused on 4 Fundamental

principles: Hold the line on taxes

Reduce Debt

Increase Capital Investment

Increase Reserves

TAX LEVY CHANGE

2009-2014 Average Municipal Tax Levy Change = (0.3%)

Debt

$229.4

$114.8

Current

$90.0

Projected

$360.0 $360.0

$0.0

$50.0

$100.0

$150.0

$200.0

$250.0

$300.0

$350.0

$400.0

2002 2013 2017

In $

Millio

ns

Current Debt Projected Debt without Pay-As-You-Go Funding Strategy

Debt reduction achieved = $270 million

Long Term Debt Summary (in $ Millions) (Reflects the Savings of the Pay-As-You-Go / Debt Reduction Policies.

Prior to these policies, the Long Term Debt was projected to have grown to over $370 million).

$0.0

$50.0

$100.0

$150.0

$200.0

$250.0

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

$229.4

$205.3

$185.3 $171.4

$160.2 $158.2

$190.4 $182.4 $180.5

$160.6

$114.8 $110.1 $105.2 $100.1 $94.7

Actual

Source: City of Windsor Data

Reserves

$48

$130.0 $139.60

$0

$20

$40

$60

$80

$100

$120

$140

$160

2006 2014 2018

In $

Millio

ns

Capital Plan

$0

$20

$40

$60

$80

$100

$120

1996-2003 2004-2008 2009-2017

$57

$85

$115

Annual Capital Spending Comparisons (in $ Millions)

2013 Enhanced Capital Budget

• Enhanced Capital Budget increased the 2013

5-year Capital Plan by another $64.3 M

• Increased funding as follows: – Roads approx. $20 M

– Trails, Sidewalks, Bike lanes…. $4.23 M

– Transportation $4.7 M

– Economic Development $8.05 M

– Corporate $23.9 M

– Other $3.45 M

Enhanced Capital for 2013 Budget

Added an additional

$64.3 M

Building Up Our Community

2014 Capital Plan

$58.5 M total investment

over the next 5 years

Building Up Our Community

2014 Capital Plan

• Increase transfer to Capital by $10

M/year over 5 years

+

• $8.0 M One-Time Investment

How

$3.1 M Operating Budget

$1.0 M Tunnel Dividend

$5.9 M OMPF

Total: $10 M / year

$ 50 Million over 5 years

$ 50 Million over 5 years

+

$ 58.5 Million over 5 years

$6.5 M 1x 2013 OLG + 1x Best Start

$1 M 1x 2013 Tunnel Dividend

$1 M 1x 2013 Enwin

Total: $8.5 M

Capital Plan

2004 – 2018 Total Investment $1,580,468,000

2004 – 2008

$397,839,000

2009 – 2013

$741,284,000

2014 – 2018

$382,845,000

2014 +,

$58,500,000

$0 $500,000,000 $1,000,000,000 $1,500,000,000 $2,000,000,000

Community Investments

Revenue Available $58.5 M

Windsor Loop Bicycle Trail $5.0 M

City Hall $12.0 M

Library $7.0 M

Total $24.0 M

Remaining Revenue Available $34.5 M

Investments Roads and Transportation

Ouellette Avenue Streetscaping $3,600,000

Pillette – Seminole to Tecumseh $1,300,000

Semiole – George to Pillette $590,000

Tecumseh Road East – Forest Glade to Robinet $1,200,000

Tecumseh Road East – Pillette to Walker $972,000

VIA Track Removal, Devonshire / Riverside $390,000

Walkerville BIA $550,000

Wyandotte Street East – Gladstone to Devonshire $500,000

Wyandotte Street East – Cadillac to George $1,500,000

Wyandotte Street East – Medians $520,000

Total Roads and Transportation $11,122,000

Investments

Community Services

WFCU Centre $600,000

Riverfront $2,000,000

Oakwood $1,000,000

Science Centre $500,000

Emergency Operations Centre $1,500,000

Total Community Services $5,600,000

Investments

Economic Development

Economic Development – CAO’s Office & Mayor’s Office $100,000

Airport $2,500,000

Subtotal Economic Development $2,600,000

Special Events

FINA Diving World Series $1,300,000

Ontario Summer Games $1,300,000

Subtotal Special Events $2,600,000

Financing & Financing-Related Contingency $12,500,000

Total $17,700,000

Investments

Investments

Roads and Transportation $11,122,000

Community Services $5,600,000

Economic Development $2,600,000

Special Events $2,600,000

Financing & Financing-Related Contingency $12,500,000

Total Investments $34,422,000

Overall

Revenues Expenditures

Available Revenue $58,500,000

State of the City

Commitments $24,000,000

New Investments $34,422,000

Total $58,500,000 $58,422,000

Debt Reduction Levy 2004

• Proposed by Mayor Francis and

approved by Council.

Major Projects Funded Through Debt Reduction Levy The following major expenditures will be largely funded through 2015 from the

Debt Reduction Levy:

WFCU Centre $65.0 million

Family Aquatic Centre $62.6 million

Huron Lodge $42.0 million

400 City Hall Square West $30.0 million

Reserve Enhancement $28.0 million

Early Repayment of Richmond Landing Debt $20.6 million

Radio Infrastructure $10.0 million

Richmond Landing $10.0 million

Police Training Facility $5.0 million

Other $15.0 million

Total $288.2 million

2018 Debt Reduction Levy

2018 2019 2020

Unallocated

Funds Available

$21,079,000 $28,900,000 $28,900,000

University of

Windsor

$7,500,000 $7,500,000

Net Unallocated

Funds

$21,079,000 $21,400,000 $21,400,000

2018 Debt Reduction Levy

2018 Expenditures

Road Rehabilitation $5.4 M

Transit Windsor Buses $4.0 M

Windsor-Essex Community Housing Corporation $1.5 M

Accessible Playgrounds $2.0 M

University Avenue - 8-80 (Cities) $5.0 M

C.R.I.P. $2.3 M

Alley Closings $0.79 M

Total $20.99 M