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HomeMy WebLinkAboutPost-Meeting Agenda Package - CoW_Dec03_2024COMMITTEE OF THE WHOLE POST-MEETING AGENDA Tuesday, December 3, 2024, 8:30 a.m. 1600 2nd Street NE Three Hills, AB T0M 2A0 https://www.youtube.com/@kneehillcounty48 Pages 1.Call to Order 1.1 Approval of Agenda 1.2 Approval of Minutes 1.2.1 Approval of the November 19, 2024, COW Meeting Minutes 2 2.New Business 2.1 2025 Budget – Additional Information 6 2.2 STIP Application 3.Closed Session 4.Adjournment __________Initials 1 Committee of the Whole Minutes November 19, 2024, 8:30 a.m. 1600 2nd Street NE Three Hills, AB T0M 2A0 _____________________________________________________________________ 1. Call to Order Deputy Reeve McGhee called the meeting to order at 8:30 a.m. 1.1 Approval of Agenda Resolution: CW121 Moved by: Reeve King That the Committee of the Whole approve the agenda as presented. CARRIED 1.2 Approval of Minutes 1.2.1 Approval of the October 15, 2024, COW Meeting Minutes Resolution: CW122 Moved by: Councillor Cunningham That the Committee of the Whole approves the adoption of the minutes of the October 15, 2024, Committee of the Whole meeting, as presented. CARRIED UNANIMOUSLY Page 2 of 47 November 19, 2024 __________Initials 2 2. New Business 2.2 Road Use Agreement Discussion The Chair called for a recess at 9:39 a.m. and called the meeting back to order at 9:55 a.m. with all previously mentioned members present. Councillor Christie arrived at 9:56 a.m. Resolution: CW123 Moved by: Councillor Cunningham That this meeting goes into closed session at 9:18 a.m. for the following reason(s).  Third Party Business (FOIP- Section 16) CARRIED Resolution: CW124 Moved by: Reeve King That Council return to open meeting at 9:38 a.m. CARRIED 9:38 a.m. - meeting recessed to allow return of public. 9:38 a.m. - meeting resumed. Resolution: CW125 Moved by: Councillor Fobes That the Committee of the Whole accept the information on Road Use Agreements as information. CARRIED UNANIMOUSLY 2.1 Community Aggregate Payment Levy Resolution: CW126 Moved by: Reeve King That the Committee of the Whole recommend Administration to bring forward the Community Aggregate Payment (CAP) Levy Bylaw to Council for first reading. CARRIED Page 3 of 47 November 19, 2024 __________Initials 3 2.3 Policy 13-2 Grader Gravel Services & Policy 13-36 Maintenance of Dirt Trail Road Allowances Resolution: CW127 Moved by: Councillor Wittstock That the Committee of the Whole recommend to Council to approve the recommended changes to Policy 13-2 Grader and Gravel Services and further direct Administration to develop an appropriate communications package informing ratepayers of the revisions to the policy. CARRIED 2.4 Bill 20: The Municipal Affairs Statutes Amendment Act, 2024 The Chair called for a recess at 11:16 a.m. and called the meeting back to order at 11:30 a.m. with all previously mentioned members present. Resolution: CW128 Moved by: Councillor Cunningham That the Committee of the Whole receive for information the Bill 20: The Municipal Affairs Statutes Amendment Act, review presentation. CARRIED 3. Closed Session Resolution: CW129 Moved by: Councillor Fobes That this meeting goes into closed session at 12:11 p.m. for the following reason(s):  Intergovernmental Relations (FOIP- Section 21) CARRIED UNANIMOUSLY Resolution: CW130 Moved by: Councillor Fobes That Council return to open meeting at 12:18 p.m. CARRIED 12:18 p.m. - meeting recessed to allow return of public. 12:18 p.m. - meeting resumed. Page 4 of 47 November 19, 2024 __________Initials 4 4. Adjournment The meeting adjourned at 12:19 p.m. Page 5 of 47 Committee of the Whole Discussion Report Page 1 of 2 Version: 2023-01 Subject: 2025 Budget – Additional Information Meeting Date: Tuesday, December 3, 2024 Prepared By: Marika von Mirbach, Manager of Financial Planning Presented By: Marika von Mirbach, Manager of Financial Planning STRATEGIC PLAN ALIGNMENT: (Check all that apply) ☒ ☒ ☒ ☒ ☒ High Quality Infrastructure Economic Resilience Quality of Life Effective Leadership Level of Service RELEVANT LEGISLATION: Provincial (cite)- The County is required under the Municipal Government Act (MGA) to annually approve both an operating and capital budget which are balanced and fully funded. : This report and the attached presentation represent the fifth stage of the 2025 Budget process. The planned stages for the 2025 Budget process include:  October 8 – Setting the Stage and Proposed Projects o This step intends to provide context on how the budget was prepared and outline proposed projects for consideration in the 2025 Budget.  October 22 – Proposed Core Operating Budget o This step will outline the core operating budget, which is developed based on maintaining existing service levels and Council approved guidelines.  2024 Third Quarter Variance Report o While not a formal part of budget deliberations, the third quarter variance report will inform Council of the County’s projected results for 2024 to provide additional context for 2025 Budget requests and adjustments.  November 12 – Budget Discussions o This step allows Administration to respond to questions and information requests received from Council resulting from the first two presentations. This time will also be utilized to obtain guidance from Council required to balance the budget for future adoption by Council.  November 26 – Budget Discussions o This meeting provides an additional opportunity for budget discussions by Council and seeks to determine a balanced budget to be presented at the final stage.  December 3 – Additional Information and Budget Discussions o This meeting is intended to provide additional information requested by Council with respect to the budget, and to provide Council with an additional opportunity to deliberate items included within the budget.  December 10 – Budget Adoption o The intention for this stage is for Council to adopt a balanced budget. Page 6 of 47 Committee of the Whole Discussion Report Page 2 of 2 Version: 2023-01 DISCUSSION/OPTIONS/BENEFITS/DISADVANTAGES/OTHER CONSIDERATIONS: As part of the 2025 Budget process, Administration has prepared the fifth presentation to Council. This presentation includes:  Historical Budget Trends to provide context of trends that have affected the budget in recent years and continue to impact the planning process concerning the budget.  Current Trends to provide an overview of the significant current trends that affected the preparation of the 2025 Budget.  Current State reflects the current state of the proposed 2025 Budget.  Council Consideration Items to highlight critical points of deliberation required to move towards a balanced budget for presentation to Council at the December 10th Council meeting. FINANCIAL & STAFFING IMPLICATIONS: The annual budget process is incorporated into existing staff work plans annually. The budget itself provides Administration with the authority to implement plans in alignment with Council’s Strategic Plan. ATTACHMENTS:  2025 Budget – Additional Information slide deck RECOMMENDATION: That the Committee of the Whole recommend to Council to bring the 2025 Budget forward for consideration at the December 10th Council meeting. APPROVAL(S): ☒ Page 7 of 47 1 Additional Budget Information Page 8 of 47 Budget 2025 Schedule Budget Adoption December 10th Additional Budget Information December 3rd Budget Discussions November 26th Budget Discussions November 12th Core Operating Budget October 22nd Setting the Stage & Proposed Projects October 8th 2 Page 9 of 47 Agenda Historical Budget Trends Current Trends Current State Council Consideration Items 3 Page 10 of 47 4 HISTORICAL BUDGET TRENDS CURRENT TRENDS CURRENT STATE COUNCIL CONSIDERATION ITEMS Page 11 of 47 5 Impact of Provincial Policy Decisions - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 2020 2021 2022 2023 2024 2025 Budget Shallow Gas Policing Payments Oil and Gas Tax Holiday Page 12 of 47 6 History of Outstanding Taxes and Allowance for Doubtful Accounts 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 2016 2017 2018 2019 2020 2021 2022 2023 Outstanding Taxes Allowance for Doubtful Accounts Page 13 of 47 7 Operating Budget Inputs Existing Standards Addressing Service Levels Cost PressuresGrowth Legislative Impacts Page 14 of 47 Budget vs Inflation – All 8 - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000 2020 2021 2022 2023 2024 2025 Proposed Total Budget Inflation Page 15 of 47 Revenue Sources User Fees 6%All Other Revenues 7% Property Taxes 87% Page 16 of 47 Property Taxes vs Inflation 10 - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 2020 2021 2022 2023 2024 2025 Proposed Property Taxes InflationPage 17 of 47 11 Assessment by Property Class 2015 – 2024 $0 $1 $2 $3 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Bi l l i o n s Farmland Residential Non-ResidentialPage 18 of 47 12 Tax Levy 2015-2024 (Millions) 25.4 23.3 22.8 22.4 23.1 23.7 23.8 24.3 24.8 25.6 $20.0 $21.0 $22.0 $23.0 $24.0 $25.0 $26.0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Mi l l i o n s Page 19 of 47 Tax Burden Distribution History 13 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Residential Farm Non-Residential Page 20 of 47 User Fees vs Inflation 14 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2020 2021 2022 2023 2024 2025 Proposed User Fees Inflation Page 21 of 47 All Other Revenues vs Inflation 15 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2020 2021 2022 2023 2024 2025 Proposed All Other Revenues Inflation Page 22 of 47 Expenditure Types Transfers to Reserves (Investment for the Future) 29% Core Expenditures 65% Transfers to Other Entities 6% Page 23 of 47 Transfers to Reserves vs Inflation 17 - 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 2020 2021 2022 2023 2024 2025 Proposed Transfers to Reserves Inflation Page 24 of 47 57.8%56.6%57.5%56.1%54.1%53.3%53.7%52.9% 50.1%50.0% 30% 35% 40% 45% 50% 55% 60% 65% 70% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 18 Percentage of Assets Remaining Based on Original Costs The County's average annual amortization is approximately $6.0 million Page 25 of 47 Government and Other Entity Transfers vs Inflation 19 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 2020 2021 2022 2023 2024 2025 Proposed Government / Entity Transfers Inflation Page 26 of 47 Core Expenditures vs Inflation 20 - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 2020 2021 2022 2023 2024 2025 Proposed Core Expenditures Inflation Page 27 of 47 Core Budget to Actual Year-End Variances 21 2022 4.5% 2023 1.25% 2024 Projected 2.5% Page 28 of 47 22 The Budget is a Balancing Act Page 29 of 47 23 HISTORICAL BUDGET TRENDS CURRENT TRENDS CURRENT STATE COUNCIL CONSIDERATION ITEMS Page 30 of 47 24 Notable Budget Pressures •Inflationary impacts show signs of stabilizing Global •Assessment Model Review (Depreciation Impacts) •Mature Asset Strategy Provincial •Growth Trends •Infrastructure Deficit (TBD) Local Page 31 of 47 How Do We Compare? 25 3.10 3.00 4.76 2.38 3.92 2.46 5.38 5.52 5.07 3.79 5.39 4.17 Kneehill (2025 Proposed) Kneehill Lethbridge Mountain View Beaver Red Deer Cypress Starland Flagstaff Newell Wheatland Average 2024 Residential Tax Rates (Counties) Page 32 of 47 How Do We Compare? 26 3.10 3.00 12.50 10.80 11.60 9.50 11.60 9.83 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 Kneehill (2025 Proposed) Kneehill Acme Carbon Linden Three Hills Trochu Average 2024 Residential Tax Rates (Urbans) Page 33 of 47 How Do We Compare? 27 16.30 15.61 29.00 8.10 17.60 9.60 7.62 14.44 18.67 8.86 15.95 14.55 Kneehill (2025 Proposed) Kneehill Lethbridge Mountain View Beaver Red Deer Cypress Starland Flagstaff Newell Wheatland Average 2024 Farmland Tax Rates (Counties) Page 34 of 47 How Do We Compare? 28 16.30 15.61 12.50 10.80 11.60 9.50 11.60 11.94 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Kneehill (2025 Proposed) Kneehill Acme Carbon Linden Three Hills Trochu Average 2024 Farmland Tax Rates (Urbans) Page 35 of 47 How Do We Compare? 29 15.30 14.90 8.83 9.79 18.34 10.65 12.48 21.03 17.50 8.86 11.47 13.39 Kneehill (2025 Proposed) Kneehill Lethbridge Mountain View Beaver Red Deer Cypress Starland Flagstaff Newell Wheatland Average 2024 Non-Residential Tax Rates (Counties) Page 36 of 47 How Do We Compare? 30 15.30 14.90 20.00 13.90 26.50 12.40 23.60 18.55 0.0 5.0 10.0 15.0 20.0 25.0 30.0 Kneehill (2025 Proposed) Kneehill Acme Carbon Linden Three Hills Trochu Average 2024 Non-Residential Tax Rates (Urbans) Page 37 of 47 31 HISTORICAL BUDGET TRENDS CURRENT TRENDS CURRENT STATE COUNCIL CONSIDERATION ITEMS Page 38 of 47 Budget 2025 Guiding Principles Alignment with Council’s Strategic Plan Sustain Existing Service Level Maintain Competitive Tax Rates Review and Recommend Adjustments to Service Fees and Rates as Necessary Continue to Implement and Monitor a Proactive Infrastructure Renewal Strategy Enhance the Customer Experience 32 Page 39 of 47 Proposed Operating Budget Summary as of November 26, 2024 33 Core Budget Shortfall $1,075,120 80% Operating Budget for Proposed Projects $266,900 20% Core Budget Shortfall Revenues $30,936,715 Expenses $31,936,835 $1,075,120 2025 Operating Budget for Proposed Projects Wimborne Groundwater Filtration Upgrade $26,000 Fourth CPO $150,900 Fuel Management System Replacement $15,000 Management Services Contract $75,000 $266,900 Page 40 of 47 34 Proposed Projects & Funding Sources 2025 Budget for Phased Projects $3,261,500 39% Maintenance of Existing Assets $2,585,000 31% Replacement of Existing Assets $458,200 6% New Assets $740,300 9% Operating Projects $1,036,100 12% Operating Initiatives $232,280 3% Funding Source Amount Reserves $6,630,380 LGFF Grant $1,683,000 Total $8,313,380 2025 Operating Budget Impact $266,900 2025 Capital Equipment Plan $5,120,000 2026 Projected Operating Budget Impact $322,940 Future Projected Project Costs $15,815,200 Page 41 of 47 Budget Balancing Adjustments, as presented on November 26, 2024 35 Core Shortfall as of November 26th $1,075,120 Operating Budget Impact of Proposed Projects $266,900 Water System Revenue ($53,600) Taxation Revenue – Residential (4% revenue increase)($78,885) Taxation Revenue – Farmland (5% revenue increase)($118,357) Taxation Revenue – Non-Residential (2.75% increase)($617,926) Taxation Revenue – Minimum Tax from $150 to $175 ($41,500) Draw from Revenue Stabilization Reserve ($431,752) Budget Balanced $0 Page 42 of 47 36 HISTORICAL BUDGET TRENDS CURRENT TRENDS CURRENT STATE COUNCIL CONSIDERATION ITEMS Page 43 of 47 Council Consideration Items 37 Project Approvals - Reserve and Grant Funded •Confirmation of approval in principle of proposed projects Project Approvals - Operating Budget Impact •Wimborne Groundwater Filtration Upgrade - $26,000 •Fourth CPO -$150,900 •Fuel Management System Replacement -$15,000 •Management Services Contract -$75,000 Page 44 of 47 Council Consideration Items 38 Property Tax Revenues •Increase residential taxes by $78,885 (4% revenue increase) •Increase farmland taxes by $118,357 (5% revenue increase) •Increase non-residential taxes by $617,926 (2.75% revenue increase) •Increase minimum tax rate to $175 (from $150) Page 45 of 47 Council Consideration Items 39 Water System Revenues •$0.20 increase to water distribution system rates •$0.30 increase to bulk water system rates •No increase to flat monthly fee Budget Balancing Reserve Draw •Draw from the Revenue Stabilization reserve to balance budget; amount pending Council deliberations Page 46 of 47 Page 47 of 47