Township of Minden Hills 2018 Budget Process
The 2018 budget process for the Township of Minden Hills began on November 21, 2017 with preliminary discussions with the Mayor, the CAO/Treasurer, the respective Departmental Chair, and the respective Department Head.
Minor adjustments to these first round discussions resulted in a first draft, which included a 27.65% increase in the municipal levy. This draft was presented to the Budget Standing Committee on December 12, 2017.
Subsequent to this, the second draft, which included over $1 million in Roads net expenditure reductions; and an overall increase of 9.73%, was provided to the Budget Standing Committee on January 11th, 2018. Further changes, including a reduction of $70,000 in Environmental and Property net costs, decreased the levy increase to 8.61%, and this draft was presented to the Budget Standing Committee on February 8th, followed by a Public meeting on February 22, 2018.
On March 8th the 2018 budget, including the Estimates By-Law #18-37, was approved by resolution of Council. The By-Law to Authorize the Levying of Rates of Taxation (#18-57) was approved on April 26th, 2018. Due to a change in the Landfill tax class ratio, as established by the County of Haliburton, By-Law #18-57 was repealed and replaced by By-Law #18-70 on May 31, 2018.
All of the reports and draft by-laws reviewed and discussed at these meetings can be viewed from the following link: FilePro Document Center
An Important Fact Regarding Your Tax Dollars
The Municipal portion of your tax billing includes an amount for OPP (Ontario Provincial Police). In 2018 this amount has been estimated and requisitioned at $1,931,065, or 11.69% of total expenditures and 24.38% of the municipal tax levy.
The February 22, 2018 public meeting and final budget reports, which included the following summaries, can be viewed from the following links:
- Executive Summary
- Report #1 Detail (Line-by-Line) Budget Report
- Report #2 Departmental Summary
- Report #3 Revenue/Expense Summary
- Report #4 Functional Summary
- Report #5 Department Head Summary
- Report #6 Departmental Summary-7 Year Budget Comparison
- Report #7 Capital Projects
- Report #8 Transfers to/from Reserves
- Report #9 Estimated Reserve Balances-2018
- Report #10 Assessment Comparison
- Report #11 2018 Tax Rate Calculation
- Report #12 4th Draft Changes
The following pie charts provide a departmental summary of 2018 Revenues and Expenditures:
The next two bar charts compare 2017 vs. 2018 budgeted Revenues and Expenditures:
In 2018, every dollar of full residential and commercial taxes billed will be allocated as follows:
The following summary outlines six (6) years of residential and commercial tax rates, also depicted in the related line chart:
For further information regarding the 2018 budget and/or budget process, please contact the Treasury Department at: 705-286-1260 Ext. 0.