City of Brandon    2013 Preliminary    Budget HighlightsDecember 3, 2012Dean HammondTreasurer and GM of Corporate Services
Budget Process• Budget Preparation began this summer• Meetings with Council • 2013 Hurts & Helps • Expense Control • Salar...
Budget Overview• 2013 Operating Budget        $72.2 million• 2013 Utilities Budget        $18.1 million• The operating bud...
Revenues - $72.2 million                   4.2%           Property Taxes            6.8%  11.2%                           ...
Services Delivered - $72.2 million                                             Protective Services                      5....
40%      Services Delivered - Comparison          36.2%35%      32.2%30%                                                  ...
Debt Position • Outstanding debt drops from $45.5 million   to $43.4 million in 2013 (-4.7%) • Debt payments increase from...
Reserves • Total reserve appropriations increase from   $9.0 million to $10.1 million in 2013   (+11.8%) • 2010 Surplus ha...
Mill Rate Impact                                2012       2013    Change Change %Assessed Value - Land         $ 50,000 $...
2013 Budget Communications• 2013 Budget Round Table – November 22• 2013 Budget Reports – Website• 2013 “Budget in Brief” –...
Next Steps• Request Approval to Proceed to Public  Consultation – December 3• 2013 Budget Public Consultation – December 1...
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Preliminary Budget Highlights

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Preliminary Budget Highlights

  1. 1. City of Brandon 2013 Preliminary Budget HighlightsDecember 3, 2012Dean HammondTreasurer and GM of Corporate Services
  2. 2. Budget Process• Budget Preparation began this summer• Meetings with Council • 2013 Hurts & Helps • Expense Control • Salaries• 3% Goal• Budget Mandate• Development of Preliminary Budget
  3. 3. Budget Overview• 2013 Operating Budget $72.2 million• 2013 Utilities Budget $18.1 million• The operating budget is funded by grants, revenues, and tax levies.• The utility budget is funded by water rates.
  4. 4. Revenues - $72.2 million 4.2% Property Taxes 6.8% 11.2% User Fees and Sales of Goods Unconditional 55.0% Government Transfers12.1% Conditional Government Transfers 10.7% Other Income Permits, Licenses and Fines
  5. 5. Services Delivered - $72.2 million Protective Services 5.5% 6.1% 6.8% Infrastructure 36.2% Support Services10.3% Recreation, Culture, Parks, & Youth 11.3% Transit Sanitation & 23.8% Environment Growth, Economic Development, & Affordable Housing
  6. 6. 40% Services Delivered - Comparison 36.2%35% 32.2%30% 2012 201325% 24.3% 23.8%20%15% 12.8% 11.3% 9.8% 10.3%10% 7.7% 6.8% 6.8% 6.4% 6.1% 5.5%5%0% Protective Infrastructure Support Recreation, Transit Sanitation & Growth, Services Services Culture, Parks, Environment Economic & Youth Development, & Affordable Housing
  7. 7. Debt Position • Outstanding debt drops from $45.5 million to $43.4 million in 2013 (-4.7%) • Debt payments increase from $3.1 million to $3.3 million (+6.1%) • Two Utility debts dropped off in 2012 • Police Station payment added in 2013 • Overall debt position is quite conservative
  8. 8. Reserves • Total reserve appropriations increase from $9.0 million to $10.1 million in 2013 (+11.8%) • 2010 Surplus has been applied to reserves • Reserve balances in good shape
  9. 9. Mill Rate Impact 2012 2013 Change Change %Assessed Value - Land $ 50,000 $ 50,000 $ - 0%Assessed Value - Structures $ 150,000 $ 150,000 $ - 0%Assessed Value - Total $ 200,000 $ 200,000 $ - 0%Portioning @ 45% $ 90,000 $ 90,000 $ - 0%Mill Rate (per $1,000) 19.07 19.45 0.38 1.99%Municipal Tax Levy $ 1,716.30 $ 1,750.50 $34.20 1.99%
  10. 10. 2013 Budget Communications• 2013 Budget Round Table – November 22• 2013 Budget Reports – Website• 2013 “Budget in Brief” – Website• 2013 Budget Public Consultation – December 12 • (7:30pm Main Foyer, City Hall)
  11. 11. Next Steps• Request Approval to Proceed to Public Consultation – December 3• 2013 Budget Public Consultation – December 12 • (7:30pm Main Foyer, City Hall)• Compilation of Budget Round Table Data• Council Deliberations – January 11 & 12
  12. 12. Questions?
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