City of Brampton Budget 2017 Budget/Presentation Co… · Presentation to Council December 14, 2016...

City of Brampton

Budget 2017

Presentation to

Council

December 14, 2016

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


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


December 14, 2016

2017 PROPOSED COMPLEMENT

-

20

40

60

80

100

120

140

August 2016 Now

Fire & Emergency Services Transit Other

Overview


December 14, 2016

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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

“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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

INFRASTRUCTURE LEVY

Infrastructure Levy: 2.0% • Total asset replacement cost =

$5.1B (excluding land)

• Maintain existing assets

• Leverage Federal and

Provincial funding

Overview


December 14, 2016

INFRASTRUCTURE LEVY

Overview


December 14, 2016

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


December 14, 2016

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


December 14, 2016

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


December 14, 2016

MAJOR INITIATIVES

• Facility repair and replacement

• Sandalwood Transit Facility expansion

• Road resurfacing

• Road widenings

• Züm Airport Road expansion

• New buses

Capital


December 14, 2016

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

City of Brampton Budget 2017 Budget/Presentation Co… · Presentation to Council December 14, 2016...

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