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Village of Waskesiu. Agreement –in-principle May 21, 2006. Qualifiers. Agreement-in principle subject to approvals PCA must obtain required approvals from Federal government Council required to obtain approval from residents If approved, joint submission for provincial legislation.

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village of waskesiu

Village of Waskesiu

Agreement –in-principle

May 21, 2006

qualifiers
Qualifiers
  • Agreement-in principle subject to approvals
  • PCA must obtain required approvals from Federal government
  • Council required to obtain approval from residents
  • If approved, joint submission for provincial legislation
timeframe
Timeframe
  • Approvals sought this summer
  • if approved, then:
  • Finalize detailed agreement - 2006
  • Provincial legislation – spring, 2007
  • Municipal Incorporation – Jan. 1, 2008
  • Two year transition – begins March, 2008
  • Full municipal operation begins 2010
municipal responsibilities
Municipal Responsibilities
  • Existing town boundaries
  • Streets, roads and lanes, except 264
  • Utilities – water, sewer, and garbage
  • Recreation – Day use, beaches, tennis court complex, beach houses, camp kitchens
  • Pathways within townsite except Park trails
  • Protective Services – Police and Structural fire
  • Cabin area easements and public reserves in cottage areas
  • Tax collections
parks canada responsibilities
Parks Canada Responsibilities
  • Highway 264
  • Land Use Planning and Development
  • Trailer Park and Beaver Glen
  • Forest and wildlife management
  • Lease administration
  • Management of its own properties
infrastructure
Infrastructure
  • Municipal Value -$15mm;
  • Utilities Value - $19mm
  • Waskesiu Drive Project- $1mm – PCA
  • Lagoon project - $4mm – PCA
  • Initial grant to municipality - $1.85 mm (allows residential roads fix)
  • Storm sewer relocation project - $180,000 – Municipal
  • Community Hall - $250,000 - PCA
financial arrangements
Financial Arrangements
  • Property tax system replaces land rent system
  • All land rent leases reduced to $1
  • All taxes collected, including PILT in Waskesiu municipality’s hands
  • PCA will pay 1/3 of all utilities costs
  • Existing utilities debt ($800,000) is forgiven; frees $92,000 annually
  • PCA pays $25,000 –day use area
  • PCA pays PILT on its properties-$124,000
  • PCA provides $150,000 for transition costs
  • Municipality pays $100,000 for land rent
  • Municipality pays $70,000 for P & D
other arrangements
Other Arrangements
  • PCA operates townsite until March 31, 2010 on fee for service ($500,000/year)-2 years
  • PCA roadway maintenance – cost recovery basis -5 years – begin 2010
  • PCA will transfer Dickenson property, one residential duplex and one compound lot to municipality at no cost–Value$400,000
  • Equipment and vehicles transferred at nominal sum ($1)
  • PCA will pay tuition fees for employees children
  • Sewage treatment – PCA will pay $50,000 extra if higher standards are required
projected budget 2010
Projected Budget - 2010
  • Revenues
    • Property Taxes - $867,613
    • PCA PILT and Cost sharing - $149,443
    • Other - $12,500
    • Total - $1,021,557
  • Expenditures

-Operating costs -$546,202

-Land Rent and P&D - $175,000

-Capital Reserves and Expenditures - $300,000

-Total - 1,021,202

financial impact on residents and businesses
Financial Impact on Residents and businesses
  • Change from land rent system to property tax system results in some having reduced costs while others have increased costs
  • Overall, property tax revenues are projected at $262,387 less than land rent revenues in 2010
sample taxation levels
Sample Taxation Levels
  • Projected costs to taxpayers – based on sample assessment and a mill rate of 10 mills:
    • Cabins - $690 - $1015
    • Cottages - $600 - $2030

- Businesses - $1100 - $30000

Notes: Includes general and equipment reserve accumulation. No market adjustment in assessed values.

land rent vs taxation
Land Rent Vs Taxation
  • Budget Revenue Estimates – Municipal - $1,022,000
  • Results in mill rate of 10 mills
  • Revenue Sources:

CurrentLand RentTaxation

Cabin $135,300 $675,000 $404,000

Cottage $156,500 $155,000 $153,000

Business $229,800 $300,000 $302,000

PILT & CS $149,000

community council goals
Community Council Goals
  • Financial viability and sustainability
  • Improved infrastructure – long term
  • Ability to tackle issues and concerns
  • Ability to develop recreation programs
  • Local decision making on priorities
  • Tax revenues to stay in community
  • PCA to pay towards costs on behalf of visitors
  • Reasonable cost to residents
  • Waskesiu made solution
impact if no vote on agreement
Impact if NO vote on agreement
  • Land rent system in place – additional annual cost to residents - $262,000
  • $800,000 Utility debt remains - $92,000 annually
  • $1.85 million infrastructure grant lost
  • PCA continues to manage townsite
  • Land rent revenues not all spent in Waskesiu
  • Road repair program delayed
council recommendation
Council Recommendation
  • Approval of this agreement-in-principle
  • Please vote:
    • Advance poll – June 25, 2006
    • Regular poll – July 2, 2006
    • Location: Tennis court complex (Chamber of Commerce office)
discussion
Discussion

Questions and Answers