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Town of Tillsonburg

Town of Tillsonburg. 2013 Business Plan and Budget Introduction & Overview February 4, 2013. 2013 Budget Outline. 1. Budget Document Format. 2. Budget Planning Process. 3. 2013 Budget Overview. 2013 Budget Format. For 2012, prepared and published a one page Budget Guide for the public.

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Town of Tillsonburg

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  1. Town of Tillsonburg 2013 Business Plan and Budget Introduction & Overview February 4, 2013

  2. 2013 Budget Outline • 1. Budget Document Format • 2. Budget Planning Process • 3. 2013 Budget Overview

  3. 2013 Budget Format • For 2012, prepared and published a one page Budget Guide for the public • Goal is communication, in a simple and straight forward manner • Work in Progress. Two 2013 documents prepared for Council consideration

  4. 2013 Budget Planning Process • Senior Management Team: • Services to be delivered • Guideline: Inflationary increase or less • Budget pressures and issues • Reduction opportunities • Year-to-date expenditures • Department strategic initiatives

  5. 2013 Budget Overview Pressures and Issues • Omers benefit increase $103,500 • 1% economic adjustment to wage grids $72,400 • Three additional FTE’s $148,000 • Wage grid movement $57,600

  6. 2013 Budget Overview Pressures and Issues • 2013 County IT support $50,000 • IT strategic plan $75,000 • Health benefits 5% increase $28,000 • Insurance cost – no budget impact

  7. 2013 Budget Overview Pressures and Issues • OPP contract increase $55,000 • Fire Communications lost contract revenue $120,000 • Urban design reserve $25,000 • Physician recruitment $10,000 • Community strategic plan $20,000

  8. 2013 Budget Overview Pressures and Issues • Contribution to reserves for youth activities $5,000 • Fire Fighter Association contract renegotiation, amount not yet known • Net infrastructure funding increase $174,553 • Sustaining existing service delivery

  9. 2013 Budget Overview Opportunities • Debt prepayment • Minimal Library and no TSEC expenses – remaining debt loaded in Finance • Assumed THI dividend level of $150,000

  10. 2013 Budget Overview Strategic Initiatives • Final implementation of PT wage grid • Continued minimization of debt for infrastructure • Three year funding plan of the Parkland Trust for the Carroll Trail • Surplus parking net levies to reserves

  11. 2013 Budget FTE

  12. 2013 Budget – Impact to the Median Residential Taxpayer

  13. 2013 Budget Summary • Strategic input from Council • Discussion and Questions • Next meeting dates and proposed agendas

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