quick facts - nanaimo
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2019-2023 Financial PlanQuick Facts
2018 2019 $ ChangeAssessment - Average Home $467,220 $516,418 $49,198
Property Taxes $2,003 $2,102 $99
Municipal User Fees
$514 $552 $38
$130 $135 $5
$165 $170 $5
$2,812 $2,959 $147
Other Governments
$90 $94 $4
$407 $434 $27
$83 $84 $1
$798 $830 $32
$19 $20 $1
$1,397 $1,462 $65
$4,209 $4,421 $212
Total Municipal Taxes & User Fees
Total Tax Levy & User Fees All Total Other Governments
Water Fees
Sewer Fees
Sanitation Fees
V.I. Regional Library
Regional District
Regional Hospital District
School District
BC Assessment & MFA
TAX PAID BY AVERAGE HOME
$45 - DEBT SERVICING$139 - PROJECTS
TOTAL PROPERTY TAXES FOR AVERAGE HOME
$2,102$1,742 - CITY SERVICES
$176 - RESERVES
The 2019 – 2023 Financial Plan has been approved and the tax rate has been set for 2019. You will recieve your tax notice either by mail or email by the end of May.
Updated annually, the City’s �ve-year �nancial plan includes budgeted revenues and expenditures to deliver day-to-day services to the community, for investment in infrastructure, deliver strategic initiatives and enable long-term funding strategies.
The City collects taxes and user fees to provide a number of services to residents of Nanaimo including police and �re protection, solid waste collection, management of roads, drainage, sanitary sewer, waterworks and parks infrastructure and delivery of recreation and cultural services.
The City also acts as a regulatory body with respect to business licensing, building permits and inspection, land use, development planning and subdivision approval services.
Services such as library and sewer treatment are provided through other boards and partnerships with other governments.
PROJECTED PROPERTY TAX INCREASES
General Asset Management Reserve
General Property Tax Increase
2019-2023 Financial Plan
2019 2020 2021 2022 2023
1.0% 1.0% 1.0% 1.0% 0.0%
4.0% 2.6% 1.9% 1.8% 1.4%
5.0% 3.6% 2.9% 2.8% 1.4%
$515 - POLICE SERVICES
$298 - FIRE, EMERGENCY & 911 SERVICES
$295 - PARKS & RECREATION
$222 - ENGINEERING & PUBLIC WORKS
$183 - CORPORATE SERVICES & FACILITIES
$107 - COMMUNITY DEVELOPMENT
$62 - CITY ADMINISTRATION
$24 - BYLAW, REGULATION & SECURITY
$21 - PORT OF NANAIMO CENTRE
$15 - TOURISM & DOWNTOWN REVITALIZATION
TOTAL CITY SERVICES PAID BY AVERAGE HOME
$1,742
City of Nanaimo www.nanaimo.ca250-754-4251 455 Wallace Street
Property Taxes
Water Fees
Fees and Charges
Sewer Fees
Development Cost Charges
Sanitation Fees
Government Grants
59%10%6%4%3%3%3%
Other Revenues
Provincial Government Revenue Sharing
Grants in Lieu of Taxes
Investment Income
Private Contributions
Port of Nanaimo Centre
Parking Fees
3%2%2%2%1%1%1%
Police Services
Parks & Recreation
Engineering & Public Works
Fire & Emergency Services
Corporate Services & Facilities
Water Works
Community Development
20.5%16.4%15.7%11.7%10.2%7.1%6.3%
Port of Nanaimo Centre (Conference Centre)
Sanitary Sewer
City Administration
Bylaw, Regulation & Security
911
Tourism & Downtown Revitalization
3.5%2.6%2.3%2.0%1.1%0.6%
2019 PROJECT HIGHLIGHTS• Multi-year project to replace Fire Station #1
• Phase 2 of LED streetlight conversion
• Phase 1 of Harewood Centennial Youth Park
• Bastion Street bridge rehab
• Construction of Chase River pump station
•Serauxmen Stadium field lighting (2019/2020)
TOTAL 2019 PROJECT EXPENDITURES
$95,769,474
TOTAL 2019 REVENUES
$187,340,853
TOTAL 2019 OPERATING
EXPENDITURES
$144,975,229POOL & REC CENTRE
WATER INFRASTRUCTURE PROGRAM - $25,193,633
PARKS INFRASTRUCTURE PROGRAM - $12,783,136
DRAINAGE INFRASTRUCTURE PROGRAM - $5,569,314
FACILITIES INFRASTRUCTURE & AMENITIES PROGRAM - $8,418,416
SANITARY SEWER INFRASTRUCTURE PROGRAM - $12,761,943
PARKING INFRASTRUCTURE PROGRAM - $1,637,042
TRANSPORTATION INFRASTRUCTURE PROGRAM - $19,044,666
EQUIPMENT & VEHICLE PROGRAM - $5,209,604
STRATEGIC - $4,291,482
INFORMATION TECHNOLOGY INFRASTRUCTURE PROGRAM - $860,238