Public Sector – Driving Inflation? 1 Societal Trends and Issues Public Sector Inflation.

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Public Sector – Driving Inflation? 1 Societal Trends and Issues Public Sector Inflation
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    19-Dec-2015
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Transcript of Public Sector – Driving Inflation? 1 Societal Trends and Issues Public Sector Inflation.

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Public Sector – Driving Inflation?

Societal Trends and Issues

Public Sector Inflation

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Societal Trends and Issues

Public Sector

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Societal Trends and Issues

Public Sector

Greater Public Exposure of Perceived Public Sector Extravagances

Salaries

Settlements

Tax Increases

Fees

Services

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Societal Trends and Issues

Public Sector - Salaries

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Societal Trends and Issues

Public Sector - Salaries

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Societal Trends and Issues

Public Sector - Salaries

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Societal Trends and Issues

Public Sector - Settlements

Addressed 5 of 228 Complaints in 3 years

Abruptly quit her job

Received $530,000 in Severance Pay

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Societal Trends and Issues

Public Sector – Tax Increases

Victoria – Initial 4.7% Victoria – Target 3.2%

Guelph – Base Budget 4.5% Guelph – Target 3.0%

For the past decade inflation rate have averaged slightly over 2%

For the past decade property taxes have increased at a greater rate than the rate of inflation

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Societal Trends and Issues

Public Sector - Fees

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Societal Trends and Issues

Public Sector - Fees User FeesFees Added to Property TaxesFees Added to GasolineCarbon Tax Added to Gasoline

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Societal Trends and Issues

Public Sector - Services

BC Hydro – $1,000,000,000 For Smart MetersSite C Dam – Peace RiverRecover From Previous Decisions to Maintain Service Levels

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Business ReactionExpectation ManagementEmployment policies and contractsEnsure awareness of ALL the laws, rules, etc. and obtain pre clearanceWork with governments - incentives

Public Sector Risk Management

Reputational Value for MoneySustainability of ProgramsIncreased Accountability and MonitoringImproved Information and Reporting

Societal Trends and Issues

Public Sector