THE CORPORATION OF THE VILLAGE OF
MONTROSE
BYLAW #569
A BYLAW TO ADOPT A FINANCIAL PLAN FOR THE
PERIOD OF 2001 to 2005
WHEREAS
section 327 of the Local
Government Act RS Chap. 323 requires that Council adopt a financial plan
for a period of five years, and
WHEREAS section 327.1 of the Local Government Act RS Chap. 323 requires that Council undertake a
process of public consultation prior to the adoption of the financial plan,
NOW
THEREFORE, the Council of the Village of Montrose, in open meeting assembled,
hereby ENACTS AS FOLLOWS:
1. (1) This
Bylaw may be cited as the “Montrose Financial Plan 2001-2005 Bylaw”.
2. (1) “Essential
Service” means a service to which the following criteria shall apply:
(a)
Revenues
raised to meet the demands of the service;
(b)
Reserves
maintained to provide for emergency funds;
(c)
Reserves
maintained for the replacement of plant and equipment;
(d)
Maximum
12-month response time for replacement and upgrading work;
(e)
Built-in
redundancy;
(f)
Borrowing
to be authorized if current revenues are inadequate.
(2) Essential Services shall include:
(a)
The
domestic water system;
(b)
The
sanitary sewer system;
(c)
The storm
drain system.
3.
(1) “Secondary
Service” means a service to which the following criteria shall apply:
a.
Funding
capped at a rate per capita for the Village population;
b.
Reserves
established to retain current year surpluses;
c.
Service
quality priority over service quantity;
d.
Borrowing
only as approved through the budget process.
(2) Secondary Services shall include:
(a)
Parks,
playgrounds, and playing fields;
(b)
Municipal
buildings;
(c)
Road
system;
(d)
Solid waste
removal.
4. (1) “Tertiary
Service” means a service to which the following criteria shall apply:
(a)
Funding
capped at a rate per capita for the Village population;
(b)
Key task scheduling;
(c)
Surpluses
to higher priorities;
(d)
Borrowing
by referendum only;
(e)
Interruptible
projects.
(2) Tertiary Services shall include:
(a)
General
Governance;
(b)
Social
Services.
5. (1) “Exceptional
Service” means a service of a special nature identified by Council from time to
time to be provided by the municipality for a fixed term.
6. (1) Direct user fees shall be the source of
funding for:
(a)
Part of the
operations and maintenance cost of the water system;
(b)
Part of the
operations and maintenance cost of the sewer system;
(c)
100% of the
operations and maintenance cost of the garbage service.
(2) Flat user fees shall be the source of
funding for:
(a)
Part of the
operations and maintenance cost of the water system;
(b)
Part of the
operations and maintenance cost of the sewer system.
7. (1) Parcel taxes shall be the source of funding
for:
(a)
25% of the
operations and maintenance cost of the water system;
(b)
15% of the
operations and maintenance cost of the sewer system;
(c)
100% of the
operations and maintenance cost of the storm drain system.
(d)
100% of the
cost of exceptional services.
8. (1) Ad
valorem taxes shall be the default source of funding for all services for which
no designated source of funding is identified in this Bylaw.
9. (1) For
the purpose of this Bylaw, the funding sources and levels indicated shall be
considered target levels to be achieved over the term of this financial plan.
(2) All
excess revenues or excess expenditures accrued in the Water Operating Fund or
the Sewer Operating Fund over the course of a fiscal year shall be transferred
to the General Operating Fund.
10. (1) The
planned revenues and expenditures for the years 2001 to 2005 relating to the
General Operating Fund shall be those recorded on Schedule “A” attached to, and
forming part of this Bylaw.
(2) The
planned revenues and expenditures for the years 2001 to 2005 relating to the
Water Operating Fund shall be those recorded on Schedule “B” attached to, and
forming part of this Bylaw.
(3) The
planned revenues and expenditures for the years 2001 to 2005 relating to the
Sewer Operating Fund shall be those recorded on Schedule “C” attached to, and
forming part of this Bylaw.
11. (1) If
any section, subsection, sentence, clause or phrase of this Bylaw is for any
reason held to be invalid by the decision of any court of competent
jurisdiction, the invalid portion shall be severed and the part that is invalid
shall not affect the validity of the remainder.
(2) This
Bylaw shall come into full force and effect on the final adoption thereof.
PUBLIC CONSULTATION WORKSHOP HELD this 4th
day of November, 2000
READ A FIRST TIME this
21st day of November, 2000
READ A SECOND TIME this
16th day of January, 2001
READ A THIRD TIME this
6th day of February, 2001
RECONSIDERED AND FINALLY ADOPTED this 20th day of February, 2001
__________________________________ ________________________________
Mayor Village
Clerk
Certified
a true copy of Bylaw #569, as adopted
_______________________________________
Village Clerk
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #569
|
|
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
|
|
|
|
|
|
Ad Valorem Taxes |
110,100
|
77,500
|
66,500
|
66,500
|
66,500
|
|
MCCERC Parcel Taxes |
12,000
|
12,000
|
12,000
|
0
|
0
|
|
Drainage Parcel Taxes |
0
|
15,000
|
15,500
|
15,900
|
16,400
|
|
Utility Taxes |
8,000 |
7,600 |
7,600 |
7,600 |
7,600 |
|
Grant in Lieu of Taxes |
2,400 |
2,400 |
2,400 |
2,400 |
2,400 |
|
TOTAL
TAXES |
132,500 |
114,500 |
104,000 |
92,400 |
92,900 |
|
|
|
|
|
|
|
|
SALE
OF SERVICES |
|
|
|
|
|
|
Garbage Service |
22,000
|
39,600
|
40,700
|
42,000
|
43,200
|
|
Other Services |
6,300
|
1,300
|
1,300
|
1,300
|
1,300
|
|
TOTAL
SALE OF SERVICES |
28,300 |
40,900 |
42,000 |
43,300 |
44,500 |
|
|
|
|
|
|
|
|
OTHER
REVENUES FROM OWN SOURCES |
|
|
|
|
|
|
Licenses & Permits |
4,900 |
4,900 |
4,900 |
4,900 |
4,900 |
|
Rentals |
60,100 |
60,100 |
60,100 |
60,100 |
60,100 |
|
Miscellaneous |
28,200 |
28,200 |
28,200 |
28,200 |
28,200 |
|
TOTAL
REVENUES FROM OWN SOURCES |
93,200 |
93,200 |
93,200 |
93,200 |
93,200 |
|
|
|
|
|
|
|
|
UNCONDITIONAL
TRANSFERS |
170,000 |
170,000 |
170,000 |
170,000 |
170,000 |
|
|
|
|
|
|
|
|
CONDITIONAL
TRANSFERS |
52,900 |
52,900 |
52,900 |
52,900 |
52,900 |
|
|
|
|
|
|
|
|
INTERNAL
TRANSFER |
|
|
|
|
|
|
Water Fund Administration |
17,900 |
17,900 |
17,900 |
17,900 |
17,900 |
|
Sewer Fund Administration |
62,700 |
62,700 |
62,700 |
62,700 |
62,700 |
|
Future Capital Expenditures Reserve |
15,000 |
0 |
0 |
0 |
0 |
|
Recreation Capital Reserve |
194,200 |
93,000 |
0 |
0 |
0 |
|
TOTAL
INTERNAL TRANSFERS |
289,800 |
173,600 |
80,600 |
80,600 |
80,600 |
|
|
|
|
|
|
|
|
COLLECTIONS
FOR OTHERS |
527,100 |
528,900 |
528,900 |
528,900 |
528,900 |
|
|
|
|
|
|
|
|
TOTAL
GENERAL FUND REVENUES |
1,293,800 |
1,174,000 |
1,071,600 |
1,061,300 |
1,063,000 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #569
|
|
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
GENERAL
GOVERNMENT SERVICES |
|
|
|
|
|
|
Legislative |
17,000 |
17,500 |
18,000 |
18,600 |
19,100 |
|
General
Administration |
128,500 |
135,200 |
139,300 |
143,500 |
147,800 |
|
Other
General Government Services |
26,700 |
27,500 |
28,300 |
29,200 |
30,100 |
|
TOTAL
GENERAL GOVT SERVICES |
172,200 |
180,200 |
185,600 |
191,300 |
197,000 |
|
|
|
|
|
|
|
|
PROTECTIVE
SERVICES |
12,100 |
12,500 |
12,800 |
13,200 |
13,600 |
|
|
|
|
|
|
|
|
TRANSPORTATION
SERVICES |
|
|
|
|
|
|
Equipment
Operation & Maintenance |
15,700 |
14,200 |
14,600 |
15,100 |
15,600 |
|
Workshop |
11,700 |
10,300 |
10,600 |
10,900 |
11,200 |
|
Total
Road Maintenance |
33,300 |
35,500 |
36,600 |
37,700 |
38,800 |
|
Traffic
Services |
13,500 |
13,900 |
14,300 |
14,800 |
14,800 |
|
TOTAL
TRANSPORTATION SERVICES |
74,200 |
73,900 |
76,100 |
78,500 |
80,400 |
|
|
|
|
|
|
|
|
ENVIRONMENTAL
HEALTH SERVICES |
43,000 |
39,600 |
40,700 |
42,000 |
43,200 |
|
|
|
|
|
|
|
|
ENVIRONMENTAL
DEVELOPMENT |
11,000 |
11,500 |
12,000 |
12,500 |
12,900 |
|
|
|
|
|
|
|
|
RECREATION
& CULTURAL SERVICES |
|
|
|
|
|
|
Recreation
Commission |
12,900 |
13,300 |
13,700 |
14,100 |
14,500 |
|
Community
Hall |
17,200 |
16,200 |
16,700 |
17,200 |
17,700 |
|
Parks |
20,000 |
21,700 |
22,400 |
23,100 |
23,800 |
|
MCCERCS |
12,000 |
12,000 |
12,000 |
0 |
0 |
|
TOTAL
RECREATION & CULTURE |
62,100 |
63,200 |
64,800 |
54,400 |
56,000 |
|
|
|
|
|
|
|
|
FISCAL
SERVICES |
|
|
|
|
|
|
Debt
Servicing |
27,000 |
26,000 |
26,000 |
26,000 |
26,000 |
|
Transfer
to Water Fund |
500 |
|
|
|
|
|
Transfer
to Sewer Fund |
44,500 |
29,100 |
12,100 |
0 |
0 |
|
Transfer
to Future Capital Reserves |
900 |
11,100 |
7,600 |
9,500 |
0 |
|
Transfer
of Taxes Collected for Others |
527,100 |
528,900 |
528,900 |
528,900 |
528,900 |
|
TOTAL FISCAL
SERVICES |
600,000 |
595,100 |
574,600 |
564,400 |
554,900 |
|
|
|
|
|
|
|
|
CAPITAL
PROJECTS |
|
|
|
|
|
|
Administration |
25,000
|
5,000
|
5,000
|
5,000
|
5,000
|
|
Public Works |
100,000
|
100,000
|
100,000
|
100,000
|
100,000
|
|
Recreation |
194,200
|
93,000
|
0
|
0
|
0
|
|
TOTAL
CAPITAL PROJECTS |
319,200 |
198,000 |
105,000 |
105,000 |
105,000 |
|
|
|
|
|
|
|
|
TOTAL
GENERAL EXPENDITURES |
1,293,800
|
1,174,000
|
1,071,600
|
1,061,300
|
1,063,000
|
|
|
|
|
|
|
|
|
General
Fund Surplus (Deficit) |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
Consolidated
Funds Surplus (Deficit) |
0 |
0 |
0 |
0 |
0 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #569
|
|
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
49,100 |
45,400 |
41,400 |
36,600 |
33,700 |
|
|
|
|
|
|
|
|
SALE
OF SERVICES |
62,200 |
84,000 |
94,700 |
105,000 |
97,000 |
|
|
|
|
|
|
|
|
OTHER
REVENUES |
17,400 |
5,700 |
5,700 |
4,800 |
4,000 |
|
|
|
|
|
|
|
|
TRANSFER
FROM OTHER FUNDS |
500 |
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL WATER
FUND REVENUES |
129,200 |
135,100 |
141,800 |
146,400 |
134,700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GENERAL
GOVERNMENT SERVICES |
17,900 |
17,900 |
17,900 |
17,900 |
17,900 |
|
|
|
|
|
|
|
|
ENVIRONMENTAL
HEALTH SERVICES |
|
|
|
|
|
|
Water
Supply & Distribution System |
|
|
|
|
|
|
Pumping |
36,400
|
35,200
|
36,300
|
37,400
|
38,500
|
|
Other System Maintenance |
8,600
|
8,900
|
9,200
|
9,500
|
9,800
|
|
Total
Water Supply & Distribution System |
45,000 |
44,100 |
45,500 |
46,900 |
48,300 |
|
TOTAL
ENVIRONMENTAL HEALTH |
45,000 |
44,100 |
45,500 |
46,900 |
48,300 |
|
|
|
|
|
|
|
|
FISCAL
SERVICES |
|
|
|
|
|
|
Debt
Servicing |
|
|
|
|
|
|
Long-Term Interest |
5,900
|
5,800
|
5,800
|
3,700
|
0
|
|
Principal Installments |
8,700
|
8,800
|
8,800
|
8,700
|
0
|
|
Total
Debt Servicing |
14,600 |
14,600 |
14,600 |
12,400 |
0 |
|
Transfer
to Future Reserves |
0 |
4,200 |
5,900 |
2,700 |
0 |
|
Transfer
to General Revenue Fund |
0 |
0 |
0 |
0 |
0 |
|
TOTAL FISCAL
SERVICES |
14,600 |
18,800 |
20,500 |
15,100 |
0 |
|
|
|
|
|
|
|
|
TOTAL
CAPITAL PROJECTS |
51,700 |
54,300 |
57,900 |
66,500 |
68,500 |
|
|
|
|
|
|
|
|
TOTAL WATER
FUND EXPENDITURES |
129,200 |
135,100 |
141,800 |
146,400 |
134,700 |
|
|
|
|
|
|
|
|
SURPLUS
(DEFICIT) |
0 |
0 |
0 |
0 |
0 |
THE
CORPORATION OF THE VILLAGE OF MONTROSE
BYLAW #569
|
|
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
BUDGET |
BUDGET |
BUDGET |
BUDGET |
BUDGET |
|
|
|
|
|
|
|
|
TAXES |
46,000 |
41,600 |
35,000 |
29,500 |
26,100 |
|
|
|
|
|
|
|
|
SALE
OF SERVICES |
85,300 |
118,300 |
142,800 |
167,200 |
147,600 |
|
|
|
|
|
|
|
|
TRANSFER
FROM GENERAL FUND |
44,500 |
29,100 |
12,100 |
0 |
0 |
|
|
|
|
|
|
|
|
TOTAL SEWER
FUND REVENUES |
175,800 |
189,000 |
189,900 |
196,700 |
173,700 |
|
|
|
|
|
|
|
|
GENERAL
GOVERNMENT SERVICES |
62,700 |
62,700 |
62,700 |
62,700 |
62,700 |
|
|
|
|
|
|
|
|
ENVIRONMENTAL
HEALTH SERVICES |
|
|
|
|
|
|
Sewage
Collection & Disposal |
|
|
|
|
|
|
Collection System Maintenance |
5,600
|
6,200
|
6,400
|
6,600
|
6,800
|
|
Lift Station Maintenance |
14,700
|
14,300
|
14,700
|
15,100
|
15,600
|
|
Sewage Treatment Plant |
45,200
|
47,400
|
48,800
|
50,300
|
51,800
|
|
Total
Sewage Collection & Disposal |
65,500 |
67,900 |
69,900 |
72,000 |
74,200 |
|
TOTAL
ENVIRONMENTAL HEALTH |
65,500 |
67,900 |
69,900 |
72,000 |
74,200 |
|
|
|
|
|
|
|
|
FISCAL
SERVICES |
|
|
|
|
|
|
Debt
Servicing |
|
|
|
|
|
|
Long-Term Interest |
14,400
|
14,400
|
14,400
|
14,400
|
9,000
|
|
Principal Installments |
28,200
|
28,200
|
28,200
|
28,200
|
12,800
|
|
Total
Debt Servicing |
42,600 |
42,600 |
42,600 |
42,600 |
21,800 |
|
Transfer
to Future Reserves |
0 |
9,200 |
6,600 |
4,400 |
0 |
|
TOTAL FISCAL
SERVICES |
42,600 |
51,800 |
49,200 |
47,000 |
21,800 |
|
|
|
|
|
|
|
|
TOTAL
CAPITAL PROJECTS |
5,000 |
6,600 |
8,100 |
15,000 |
15,000 |
|
|
|
|
|
|
|
|
TOTAL SEWER
FUND EXPENDITURES |
175,800 |
189,000 |
189,900 |
196,700 |
173,700 |
|
|
|
|
|
|
|
|
SURPLUS
(DEFICIT) |
0 |
0 |
0 |
0 |
0 |