2016-2020 Proposed Financial Plan

and Capital Expenditure Program

Leadership, Decision Making,

Sustainability

CVRD Presentation Outline

1. Who we are2. Financial planning process3. Budgeting in a regional district4. Strategic plan 5. 2016 consolidated budget6. Recap and what’s next

Participant Population *

Area A – Baynes Sound - Denman/ Hornby 6.899

Area B – Lazo North 7,190

Area C – Puntledge-Black Creek 8,325

Town of Comox 13,627

City of Courtenay 24,099

Village of Cumberland 3,398

Total 63,538

Who We Are3 Electoral Areas / 3 Municipalities

(established Feb 2008)

*Based on 2011 census information

Financial Planning Process

Financial Plan Process Overview

Sept–DecInternal budget preparation

January2016 completed rolls receivedProposed FP published on website

Jan-Mar Committees review service budgetsProvides direction for changes

March Recommended FP goes to the Board for adoption

Financial Plan Process

• Proposed FP• Completed roll• Tax impacts

Step 1

• Recommended FP• Updated budgets

Step 2 • Bylaw for adoption• Revised roll• March 31 deadline

Step 3

Financial Planning in a

Regional District

Financial Planning in a Regional District

Each service is established through a bylaw or Local Government Act (LGA) that outlines its purpose, allowable funding sources and the participants of the service

Each service / function has a stand alone budget (revenue and expenditure plan) and is identified by a function number

Financial Planning in a Regional District (cont’d)

There is no ability to transfer between services

Services vary in size from small localized services such as street lighting services to large regional services such as recreation complexes or transit

Participant # of Services

Area A – Baynes Sound - Denman/ Hornby 67

Area B – Lazo North 48

Area C – Puntledge-Black Creek 51

Town of Comox 22

City of Courtenay 23

Village of Cumberland 19

Services ProvidedProvide 97 service functions to property

owners in the Regional District

CVRD Services Provided

Legislated Services provided (mandated) • Administration & general government• Member municipality administration• Electoral area administration

CVRD Services Provided

• Comox Valley wide• Comox Valley excluding Denman/Hornby Islands• Courtenay/Comox• Courtenay/Comox/Area B• Comox Valley excluding Denman, Hornby and

Cumberland• Electoral areas• Electoral areas excluding Denman/Hornby• Local service areas (including Denman & Hornby

Islands)

Website Orientation – 2016 Budget Access to 2016 Proposed budget found at

http://www.comoxvalleyrd.ca/EN/main/departments/finance/proposed-financial-plan.html

Select Proposed Financial PlanSelect 2016-2020 Financial Plan Main PagePrevious financial plans are available and can be

accessed through the CVRD website link to “past financial plans” under the finance department

Website Orientation – 2016 Budget

Strategic Plan

2015-2018 Strategic Priorities

January 2015 Governance session – Jan 6, 2015

June 2015 Vision / Goal setting Priority setting session

Annual Refresh June 2016; 2017; 2018

CVRD Consolidated

Proposed Budget

Services

CapacityEconomic environment

Assessment values

Taxation levels

Regulatory standards i.e.

VIHA

Staffing

Citizen expectations and perceived value

Fees and permits

Grant Availability

Demographics

Risk Management

Challenges & Influences for 2016

Asset management

Factors considered in preparing the 2016-2020 Financial Plan

• Balancing of short term impacts while ensuring long term fiscal stability and sustainability

• Completing projects in progress

• Focus on strategic priorities i.e. Drainage

• Building reserves to appropriate levels for the future –Asset Management

• Managing risk

• Holding requisition levels steady wherever possible to minimize tax impacts

Total Net Taxable Assessed Values2007 – 2016

2007 8,842,088,430 2008 10,155,369,669 2009 10,314,062,757 2010 10,299,437,562 2011 10,759,935,767 2012 10,812,934,308 2013 10,824,385,478 2014 10,734,994,3082015 10,859,342,8232016 11,151,627,045

2016 Net Taxable Values by Property Class(millions)

Property Class Comox Courtenay CumberlandElectoral

AreasTotal

01 Residential 1,923.4 3,178.7 403.5 4,420 9,925.7

02 Utilities 10.6 18.5 3 26.1 58.2

04 Major Industry - - - -

05 Light Industry 0.08 5 6.4 14.3 25.8

06 Business/Other 116.8 694.3 41 104.5 956.6

07 Managed Forest - - 3.7 147 150.7

08 Rec/Non-Profit 2.7 4.2 0.6 13.9 21.4

09 Farm 0.04 0.7 - 12.5 13.2

Total 2,053.6 3,901.4 458.2 4,738.4 11,151.6

Change in Converted Assessed Value by Participant

Participant 2015 2016 % Change

Area A $194,316,826 $199,222,426 2.52%

Area B $139,272,315 $144,899,711 4.04%

Area C $178,539,802 $184,230,206 3.18%

Comox $217,859,834 $221,851,782 1.83%

Courtenay $481,662,842 $491,397,231 2.02%

Cumberland $52,647,704 $53,936,217 2.44%

Total $1,264,299,323 $1,295,537,573 2.47%

-

50

100

150

200

250

300

350

400

450

500

Asse

ssed

Val

ues

(Mill

ions

)5 Year Comparison of Converted Assessed Values

2012

2013

2014

2015

2016

2015/16 Assessment Shift Example

Recreation Grant (600)

2015 Requisition 2016 Requisition$

Change

Comox 45,664 45,379 -285

Courtenay 100,958 100,514 -444

Cumberland 11,035 11,033 -2

Area A 40,729 40,751 22

Area B 29,192 29,639 447

Area C 37,422 37,684 262

Total $265,000 $265,000 0

Taxation32%

Other Transfers 20%

includes grants, reserves, etc.

Debt Proceeds 20%

Other Revenue28%

Includes tipping fees, user rates,

etc.

2016 Revenue Budget

Parcel / Frontage Tax & User Fee Impacts

All parcel or frontage taxes remain the same as 2015 with the exception of:o Black Creek/Oyster Bay frontage tax increaseo Jackson Drive Sewer increase

There are user fee increases included in 2016 for:o Comox Strathcona waste management (tipping fees)o Denman Island watero BC/OB watero Local Service Areas Water (LSAs) services (5)o CV recreation complexeso CV exhibition grounds

Services at Maximum Requisition(at 2016 Completed Roll)

# Service 2016 Maximum

298 Unsightly Premises Extended Service $31,250

307 Denman Island Water Parcel Tax $6,250

451 CV Homelessness Supports Service $165,000

606 Hornby Island Recreation $22,942

660 CV Exhibition Grounds $368,000

Consolidated Requisition Comparison

Jurisdiction 2015 Actual 2016 PB $ Change%

Change

Electoral areas $12,326,120 $13,022,828 $696,708 5.65%

Municipalities w/o sewer

$6,543,066 $7,029,875 $486,809 7.44%

Sewer $4,776,865 $5,254,552 $477,687 10.00%

Total $23,646,051 $25,307,255 $1,661,204 7.03%

Requisition by Participant 2010– 2016 (excluding sewer)

$-

$1

$2

$3

$4

$5

MIL

LIO

NS

2011 2012 2013 2014 2015 2016

Sewer Requisition 2005 – 2016

$0

$1

$2

$3

$4

COMOX COURTENAY

Mill

ions

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Requisition by Participant – Comox(Without Sewer)

2015 2016 $ Change

CS Waste Management

$76,611 $107,430 $30,819

Remaining requisition

$1,772,045 $1,831,353 $59,308

Total (w/o sewer) $1,848,656 $1,938,783 $90,127

Requisition by Participant – Courtenay (Without Sewer)

2015 2016 $ Change

CS Waste Management

$169,377 $237,955 $68,578

CV Homelessness supports

$0 $81,983 $81,983

Remaining requisition

$3,911,068 $4,049,086 $138,018

Total $4,080,445 $4,369,024 $288,579

Requisition by Participant - Cumberland

2015 2016 $ Change

CS Waste Management

$18,514 $26,118 $7,604

CV Homelessness Supports

$0 $9,045 $9,045

Remaining requisition

$414,369 $430,597 $16,228

Total $432,883 $465,760 $32,877

Requisition by Participant Area A (Baynes Sd/DI/HI)

2015 2016 $ Change

CS Waste Management

$68,872 $97,845 $28,973

VI Regional Library $430,914 $443,970 $13,056

CV Homelessness supports

$0 $19,641 $19,641

Remaining Requisition

$2,610,276 $2,702,621 $92,345

Total $3,110,062 $3,264,077 $154,015

Requisition by Participant - Area B

2015 2016 $ Change

CS Waste Management

$52,323 $74,334 $22,011

VI Regional Library $327,370 $337,289 $9,919

CV Homelessness Supports

$0 $23,919 $23,919

Remaining requisition

$2,565,043 $2,709,449 $144,406

Total $2,944,736 $3,144,991 $200,255

Requisition by Participant - Area C

2015 2016 $ Change

CS Waste Management

$58,896 $83,673 $24,777

VI Regional Library $368,500 $379,666 $11,166

CV Homelessness Supports

$0 $30,412 $30,412

Remaining requisition

$3,077,877 $3,204,924 $127,047

Total $3,505,273 $3,698,675 $193,402

General administration

4.2%

Governance1.6%

General government2.2%

Water, sewer & solid waste services

58.9%Member municipality debt2.9%

Protective (includes fire protection)

7.8%

Planning & economic development

4.0%

Recreation & cultural14.4%

Public health0.5%

Transit & drainage3.3%

Expenditure by service type

Economic Development & regional growth

1.8%

Sewer 24% General

Administration5%

Protective 1%

General Government

0.1%Recreation &

Cultural 11%

Governance1%

Solid Waste38%

Public Health

1%

Transportation & Drainage

4%

Water 13%

Expenditure by service type – municipal participants only

Economic Development & regional growth

2%

General Administration

4%General

Government 5%

General Planning6%

Governance3%

Protective 18%

Public Health 0.3%

Recreation & Cultural

21%

Sewer 0.03%

Solid Waste24%

Transportation & Drainage

4%

Water 13%

Expenditure by service typeelectoral area participants only

Budget by Expenditure TypeType 2015 2016 Change

Personnel Costs $13,507,746 $13,931,108 $423,362

Operating Costs $28,918,541 $29,632,457 $713,916

Debt Servicing Costs $8,544,710 $7,523,193 -$1,021,517

Reserve Contributions $3,508,436 $4,293,874 $785,438

Capital Expenditures $25,124,173 $28,818,170 $3,693,997

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

2015 2016

Thou

sand

sBudget by Expenditure Type

Personnelcosts

Operatingcosts

Debt sevicecosts

Reservecontributions

Capitalexpenditures

Highlights Reason

CUPE collective agreementCUPE negotiations completed January 2015 with four year term negotiated to December 31, 2018

USW collective agreement USW negotiations completed with three year contract agreed to from February 2015 – January 31, 2018

BenefitsIncreased long term disability costs of 20%, WCB rate increase over previous two years shows 25% increase. Slight decrease to pension costs this year (10.1% down to 9.93%)

Fire ServicesLegal review of all policy and personnel policy of fire services to be in alignment with CVRD human resources model

Finance

Requesting support for one position to be partially funded in 2016 with full implementation by 2017 to address procurement challenges as outlined in AGLG audit (manager of procurement proposed)

Overview of Personnel

Capital Expenditures

Capital is funded by:• Operating transfers• Reserves• Debt• Grants (based on availability)

Capital Fund 2015 2016 $ Change

General Fund $17,313,955 $20,531,170 $3,039,215

Water Fund $3,999,616 $5,438,000 $1,438,384

Sewer Fund $3,781,237 $3,027,000 -$754,237

Total $25,094,808 $28,818,170 $3,723,362

Examples of Capital Projects• HI Fire (220) - New Fire Hall• CSWM (391) – CV Landfill Closure and Engineered

Landfill Construction• CV Recreation Complexes (645) – Energy Retrofit• CV Water Supply (300) – Water Treatment Study

and Design• Water Local Service Areas (305-317) –

Infrastructure Upgrades• CV Sewerage (335) – Sewer Infrastructure

Upgrades i.e. Pump Station #2

Asset Management Plans(AMPs)

Developing AMPs for:

CS Waste Management Service (391)

CV Water Supply (300)

Water Local Service Areas (305,307,309,311,314,317)

Black Creek / Oyster Bay Water (313)

Royston Water (312)

Jackson Drive Sewer (330)

EA Fire 210-235

CV Sewerage 335-338

Recreation Complexes 645-649

CV Exhibition Grounds 660

EA Parks and Greenways 619/620 & 621

Current AMPs

Cumberland Property  Property  Number Function Name  2015 $274,000  2016 $280,000 

100 Member Municipality Admin $0.0487 $13.34 $0.0478 $13.38110 General Administration $0.0137 $3.75 $0.0134 $3.75150 Regional Feasibility Studies $0.0012 $0.33 $0.0011 $0.31200 Victim Services $0.0065 $1.78 $0.0066 $1.85205 CV Justice Centre $0.0031 $0.85 $0.0030 $0.84265 Search & Rescue $0.0087 $2.38 $0.0087 $2.44275 911 Answering Service $0.0523 $14.33 $0.0555 $15.54345 Pesticide Awareness $0.0026 $0.71 $0.0025 $0.70391 CS Waste Management $0.0352 $9.64 $0.0484 $13.55450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $4.62512 Regional Growth Strategy $0.0036 $0.99 $0.0035 $0.98550 CV Economic Development $0.0940 $25.76 $0.0964 $26.99600 Recreation Grant $0.0210 $5.75 $0.0205 $5.74645 CV Recreation Complexes $0.3562 $97.60 $0.3585 $100.38660 Exhibition Grounds $0.0264 $7.23 $0.0280 $7.84780 Transit $0.1176 $32.22 $0.1217 $34.08795 CV Airport $0.0247 $6.77 $0.0241 $6.75

$223.45 $239.74

Average 2016 Assessed

value=

$280,000

2016 Increase

=$16.29

270CV Emergency

ProgramContract Service

2016 Average Assessed

value =

$280,000

2016 Increase

=$16.29

Courtenay Property  Property  Number Function Name  2015 $319,000  2016 $330,000 

100 Member Municipality Admin $0.0487 $15.54 $0.0478 $15.77110 General Administration $0.0137 $4.37 $0.0134 $4.42150 Regional Feasibility Studies $0.0012 $0.38 $0.0011 $0.36200 Victim Services $0.0065 $2.07 $0.0066 $2.18205 CV Justice Centre $0.0031 $0.99 $0.0030 $0.99265 Search & Rescue $0.0087 $2.78 $0.0087 $2.87275 911 Answering Service $0.0523 $16.68 $0.0555 $18.32391 CS Waste Management $0.0352 $11.23 $0.0484 $15.97400 Cemetery $0.0119 $3.80 $0.0131 $4.32450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $5.45512 Regional Growth Strategy $0.0036 $1.15 $0.0035 $1.16550 CV Economic Development $0.0940 $29.99 $0.0964 $31.81600 Recreation Grant $0.0210 $6.70 $0.0205 $6.77601 CV Track & Fields $0.0179 $5.71 $0.0174 $5.74645 CV Recreation Complexes $0.3562 $113.63 $0.3585 $118.31660 Exhibition Grounds $0.0264 $8.42 $0.0280 $9.24780 Transit $0.1176 $37.51 $0.1217 $40.16795 CV Airport $0.0247 $7.88 $0.0241 $7.95

$268.82 $291.79

Average 2016

Assessed value

=$330,000

2016 Increase=

$22.97

2016 Assessed

value=

$330,000

2016 Increase$22.97

270CV Emergency

ProgramContract Service

345Pesticide

AwarenessContract Service

300CV Water Supply

ServiceMunicipal

Utility

335CV Sewerage

ServiceMunicipal

Utility

Comox Property  Property  Number Function Name  2015 $324,000  2016 $332,000 

100 Member Municipality Admin $0.0487 $15.78 $0.0478 $15.87110 General Administration $0.0137 $4.44 $0.0134 $4.45150 Regional Feasibility Studies $0.0012 $0.39 $0.0011 $0.37200 Victim Services $0.0065 $2.11 $0.0066 $2.19205 CV Justice Centre $0.0031 $1.00 $0.0030 $1.00265 Search & Rescue $0.0087 $2.82 $0.0087 $2.89275 911 Answering Service $0.0523 $16.95 $0.0555 $18.43391 CS Waste Management $0.0352 $11.40 $0.0484 $16.07400 Cemetery $0.0119 $3.86 $0.0131 $4.35450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00512 Regional Growth Strategy $0.0036 $1.17 $0.0035 $1.16550 CV Economic Development $0.0940 $30.46 $0.0964 $32.00600 Recreation Grant $0.0210 $6.80 $0.0205 $6.81601 CV Track & Fields $0.0179 $5.80 $0.0174 $5.78645 CV Recreation Complexes $0.3562 $115.41 $0.3585 $119.02660 Exhibition Grounds $0.0264 $8.55 $0.0280 $9.30780 Transit $0.1176 $38.10 $0.1217 $40.40795 CV Airport $0.0247 $8.00 $0.0241 $8.00

$273.03 $288.08

Average 2016

Assessed value

=$332,000

2016 Increase=

$15.05

2016 Assessed

value=

$332,000

2016 Increase$15.05

270CV Emergency

ProgramContract Service

345Pesticide

AwarenessContract Service

300CV Water Supply

ServiceMunicipal

Utility

335CV Sewerage

ServiceMunicipal

Utility

Area A ‐ All Property Property Number Function Name  2015 $352,000  2016 $367,000 

110 General Administration $0.0137 $4.82 $0.0134 $4.92130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00530 House Numbering Area A $0.0005 $0.18 $0.0005 $0.18600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations  $0.0048 $1.69 $0.0047 $1.72780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84

$283.75 $305.38

Area A ‐ Baynes Sound Property Property Number Function Name  2015 $352,000  2016 $367,000 

120 Grant in Aid Area A Baynes Snd. $0.0167 $5.88 $0.0164 $6.02151 Area A Baynes Sd Feasibility Studies $0.0360 $12.67 $0.0353 $12.96285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57691 Heritage Conservation A Baynes Snd $0.0015 $0.53 $0.0015 $0.55

$457.28 $485.39

Average 2016

Assessed value$367,000

2016 Increase(All A) $21.63

+ (Baynes Sound)

$28.11 =

$49.74

Assessed value of

$367,000

2016 Increase

(All A) $21.63

+(Baynes Sound)$28.11

=$49.74

Fire ServiceLSA or Other

Provider

Water Service Utility

Street Lighting Service

LSA

Area A ‐ Denman Island Property Property

 Number Function Name  2015 $352,000  2016 $367,000 123 Denman Island ‐ Grant in Aid   $0.0381 $13.41 $0.0373 $13.69154 Denman Island Feasibility Studies  $0.0116 $4.08 $0.0113 $4.15215 Denman Island Fire Protection $0.7413 $260.94 $0.7605 $279.10362 Denman Island Garbage Collection $0.1800 $63.36 $0.1838 $67.45555 Denman Island Economic Dev $0.1502 $52.87 $0.1498 $54.98605 Denman Island Recreation $0.0467 $16.44 $0.0456 $16.74607 Denman/Hornby Rec Complex Cont $0.0327 $11.51 $0.0316 $11.60619 Denman Island Parks & Greenways $0.2384 $83.92 $0.2330 $85.51675 Denman Island Community Hall $0.1225 $43.12 $0.1197 $43.93694 Denman Island ‐ Heritage Conserv.  $0.0032 $1.13 $0.0031 $1.14

$550.77 $578.28

2016 Assessed

value $367,000

2016 Increase

(All A) $21.63

+(Denman

Island)$27.51

=$49.14

Water Service LSA

Street Lighting LSA

Land Use Planning Other Provider 

Assessed value

$367,000

2016 Increase

(All A) $21.63

+(Denman

Island)$27.51

=$49.14

Area A ‐ Hornby Island Property Property

 Number Function Name  2015 $352,000  2016 $367,000 124 Hornby Island Grant in Aid  $0.0343 $12.07 $0.0330 $12.11155 Hornby Island ‐ Feasibility Studies $0.0181 $6.37 $0.0174 $6.39220 Hornby Island Fire Protection $1.0567 $371.96 $1.0145 $372.32

360 Hornby Island Garbage Disposal $0.4467 $157.24 $0.4289 $157.41556 Hornby Island Economic Dev $0.1534 $54.00 $0.1473 $54.06606 Hornby Island Recreation $0.0490 $17.25 $0.0470 $17.25607 Denman/Hornby Rec Complex Cont $0.0327 $11.51 $0.0316 $11.60620 Hornby Island Parks & Greenways $0.2384 $83.92 $0.2502 $91.82670 Hornby Island Community Hall $0.1536 $54.07 $0.1474 $54.10688 Hornby Island Comfort Station $0.0268 $9.43 $0.0279 $10.24695 Hornby Island ‐ Heritage Conserv.  $0.0033 $1.16 $0.0031 $1.14

$778.98 $788.43

2016 Assessed

value $367,000

2016 Increase

(All A) $21.63

+(Hornby Island)$9.45

=$31.08

Assessed value

$367,000

2016 Increase

(All A) $21.63

+(Hornby Island)$9.45

=$31.08

Land Use Planning

Other Provider 

Area B Property Property 

 Number Function Name  2015 $352,000  2016 $367,000 110 General Administration $0.0137 $4.82 $0.0134 $4.92121 Grant in Aid Area B $0.0221 $7.78 $0.0212 $7.78130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40152 Feasibility Studies ‐ Area B  $0.0015 $0.53 $0.0084 $3.08200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76400 Cemetery $0.0119 $4.19 $0.0131 $4.81450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28531 House Numbering Area B $0.0005 $0.18 $0.0005 $0.18550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations  $0.0048 $1.69 $0.0047 $1.72692 Heritage Conservation ‐ Area B $0.0072 $2.53 $0.0069 $2.53780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84

$736.98 $789.45

2016 Assessed

value $367,000

2016 Increase

=$52.47

Fire Protection LSA

Water Service LSA

Sewer Service LSA

Street Lighting  LSA

2016 Assessed

value $367,000

Area B2016

Increase=

$52.47

Area C Property Property 

 Number Function Name  2015 $352,000  2016 $367,000 110 General Administration $0.0137 $4.82 $0.0134 $4.92122 Grant in Aid ‐ Area C $0.0381 $13.41 $0.0369 $13.54130 Electoral Area Administration $0.1572 $55.33 $0.1561 $57.29150 Regional Feasibility Studies $0.0012 $0.42 $0.0011 $0.40153 Feasibility Studies ‐ Area C  $0.0056 $1.97 $0.0054 $1.98200 Victim Services $0.0065 $2.29 $0.0066 $2.42205 CV Justice Centre $0.0031 $1.09 $0.0030 $1.10265 Search & Rescue $0.0087 $3.06 $0.0087 $3.19270 CV Emergency Program $0.0109 $3.84 $0.0115 $4.22271 EA Emergency Program $0.0123 $4.33 $0.0119 $4.37275 911 Answering Service $0.0523 $18.41 $0.0555 $20.37285 Building Inspection $0.0838 $29.50 $0.0812 $29.80291 Animal Control $0.0278 $9.79 $0.0270 $9.91295 Noise Control $0.0070 $2.46 $0.0077 $2.83296 Weed Control $0.0051 $1.80 $0.0049 $1.80298 Unsightly Premises $0.0059 $2.08 $0.0059 $2.17299 Fireworks Regulation $0.0011 $0.39 $0.0021 $0.77340 Liquid Waste Management $0.0683 $24.04 $0.0736 $27.01345 Pesticide Awareness $0.0026 $0.92 $0.0025 $0.92391 CS Waste Management $0.0352 $12.39 $0.0484 $17.76450 Emerg Shelter Land Aq. $0.0000 $0.00 $0.0000 $0.00451 Homelessness Supports $0.0000 $0.00 $0.0165 $6.06500 Planning $0.3613 $127.18 $0.3615 $132.67512 Regional Growth Strategy $0.0036 $1.27 $0.0035 $1.28532 House Numbering Area C $0.0005 $0.18 $0.0005 $0.18550 CV Economic Development $0.0940 $33.09 $0.0964 $35.38600 Recreation Grant $0.0210 $7.39 $0.0205 $7.52601 CV Track & Fields $0.0179 $6.30 $0.0174 $6.39615 Arts & Culture $0.0119 $4.19 $0.0137 $5.03621 Parks & Greenways $0.2884 $101.52 $0.2937 $107.79630 VI Regional Library $0.2200 $77.44 $0.2197 $80.63645 CV Recreation Complexes $0.3562 $125.38 $0.3585 $131.57660 Exhibition Grounds $0.0264 $9.29 $0.0280 $10.28686 Comfort Stations  $0.0048 $1.69 $0.0047 $1.72693 Heritage Conservation ‐ Area C $0.0056 $1.97 $0.0054 $1.98780 Transit $0.1176 $41.40 $0.1217 $44.66795 CV Airport $0.0247 $8.69 $0.0241 $8.84

$739.31 $788.76

2016 Assessed

value $367,000

2016 Increase

=$49.45

2016 Assessed

value $367,000

Area C2016

Increase=

$49.45

Fire Protection LSA

Water Service LSA

Street Lighting  LSA

Recap CVRD Proposed BudgetFurther meetings are on the websiteService budgets will be presented to committeesRecap of the process will be provided at each

budget meeting.2016-2020 CVRD financial plan bylaw presented

to the CVRD Board for adoption on Mar 22/24, 2016

Full budget binder and today’s presentation on website at http://www.comoxvalleyrd.ca/EN/main/departments/finance/proposed-financial-plan.html

Thank you

Questions?