2016 Financial Plan Summary 25/03/ :45 AM

(1)

(2)

Regional Districts operate with "functions" and cannot move funds from one

function to another.

2016 Financial Plan

Summary

Statements and Goals

One of the difficulties when preparing a Regional District budget is that the

tax rates vary for all municipal and electoral area participants as well as for

the individual service areas. This means that the theory of applying one tax

rate or one set percentage of increase is not something that can be achieved.

Another factor that effects the preparation of the budget and the tax rate is

the prior year surplus. For Regional Districts the surplus must be carried over

to the following year. This can drastically affect the tax rate from year to year

-if the surplus is up the tax rate is down and vice versa.

The Peace River Regional District is governed by the Local Government Act,

the Community Charter and various other Provincial Acts and Regulations.

(4)

Legislative and Administration

Regional Services

All taxpayers participate in these functions paying the same rate.

Sub-Regional Services

Local Services

Only the taxpayers participating in that specific service are taxed.

Page 4

Types of Services

All taxpayers participate in these functions paying the same rate

with the exception of Legislative Electoral where only the Electoral

Areas participate with all areas paying the same rate.

Partnerships are formed between electoral areas and/or with

municipalities to establish a service area and only the taxpayers in

those service areas pay the taxes for that specific service.

(5)

EXPENDITURES REVENUE

5,967,723

$ Requisition / Parcel Tax $ 26,604,098

Fair Share & Gas Tax (Rural) $ 3,912,334 Grants $ 2,191,115

22,465,267

$ Borrowing Proceeds $ 5,000,000

12,120,425

$ Transfer from Reserves $ 2,432,095

3,577,566

$ Prior Year Surplus $ 6,522,863

16,261,175

$ Other(incl. Fair Share) $ 21,554,320

64,304,491 $ $ 64,304,490 Page 5 Local Services

2016 Financial

Plan Summary

Legislative & Administration Regional Services

Sub-Regional Services Water & Sewer Services

FINANCIAL PLAN

0 10,000,000 20,000,000 30,000,000

Financial Plan - Expenditures

10,000,000 20,000,000 30,000,000

(6)

Budget

%

Requisition

% % of Budget Change Change

2016

$

64,304,491

-41%

$

26,604,098

11%

41%

2015

$

108,160,508

12%

$

23,949,654

3%

22%

2014

$

96,541,505

6%

$

23,174,291

5%

24%

2013

$

90,898,694

9%

$

22,084,526

8%

24%

2012

$

83,270,604

12%

$

20,395,713

25%

24%

2011

$

74,620,177

$

16,332,546

22%

1190 Electoral Area *** 3,906,415 1200 _{Administration} _548,228

1210 _{Administrative - Fiscal & Other ***} _(46,953,537)

2412 _{Dawson Creek/Pouce Coupe Rural Fire} _356,983

4300 _{Regional Solid Waste} _4,852,003

7131 NP Leisure Pool 274,371

2-4201 _{Charlie Lake Sewer} _(5,909,070)

(42,924,607)

Page 6

*** Fair Share for municipalities now goes directly to them by Province rather than from Province to RD then to municipality - major reduction in RD Plan

Some of the functions contributing to the change between the 2015 and 2016 Budgets (+/- $200,000)

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Increase

2016

2015

(Decrease)

Chetwynd

$

1,444,369

$

1,423,572

$ 20,797 1%

Dawson Creek

$

1,801,039

$

1,831,028

$ (29,989) -2%

Fort St. John

$

3,119,552

$

2,902,141

$ 217,411 7%

Hudson's Hope

$

185,660

$

187,699

$ (2,039) -1%

Pouce Coupe

$

78,475

$

81,525

$ (3,050) -4%

Taylor

$

198,848

$

192,295

$ 6,553 3%

Tumbler Ridge

$

413,792

$

478,456

$ (64,664) -14%

Area B

$

2,146,530

$

2,368,719

$ (222,189) -9%

Area C

$

696,633

$

713,887

$ (17,254) -2%

Area D

$

1,024,783

$

1,109,956

$ (85,173) -8%

Area E

$

904,192

$

1,033,925

$ (129,733) -13%

Local Services

$

14,590,227

$

14,210,874

$ 379,353 3%

26,604,098

$

26,534,077

$ 70,021 0%

Requisiton

TOTAL

Page 7

2016 Financial

Plan Summary

(8)

Requisition Change

Assessment Change

(Converted Assessment - Used for Budget Calculations)

2016 Tax Requisition

2016 Converted Assessment

2015 Tax Requisition

2015 Converted Assessment

Increase

No major change to Requisition fro 2015. Largest increase is Regional Solid Waste.

4300

Regional Solid Waste Management

(Chetwynd Progressive Closure, Recycling, NP Entrance borrowing n/a)

470,954

Total

470,954

Page 8

70,021

$

181,762,920

0.26% 6.58%

26,604,098

$

2,945,442,944

26,534,077

$

2,763,680,024

(9)

2016 2016 2015 2015 2015 2016 ** Budget Requisition Requisition Call-outs Cost/Call Cost/Call Rural Fire Departments

2410 Charlie Lake $ 808,934 $ 771,793 $ 845,825 96 $ 8,811 $ 8,040 2414 Moberly Lake $ 69,027 $ 58,932 $ 68,797 19 $ 3,621 $ 3,102 2416 Tomslake $ 239,342 $ 119,259 $ 105,032 7 $15,005 $ 17,037

2016 *(3) *(3)

MUNICIPAL 2016 2015 2015 Municipal Rural

Fire Protection Areas Fire Dept. RURAL Total Rural Fire Dept. Only

with Municipal Agreements Budget Requisition Call-outs Call-outs

2411 Chetwynd $ 245,721.4 $ 61,064 102 41 $ 2,409 $ 1,489

2412 Dawson Creek *(1) (87% of Function) $ 3,204,901 $ 331,634 412 13 $ 7,779 $ 25,510

2412 Pouce Coupe *(1)(13% of Function) $ 206,200 $ 49,555 27 27 $ 7,637 $ 1,835

2413 Fort St. John *(2) $ 4,797,988 $ 849,951 849 56 $ 5,651 $ 15,178

2415 Taylor $ 301,362 $ 179,537 140 52 $ 2,153 $ 3,453

Fire Departments with No Rural Fire Protection Areas - Number of Call-outs

Hudson's Hope 49 Tumbler Ridge 109 Arras 9 Page 9

(2) Note: Fort St. John includes $200,000 toward the new fire hall ($100,000 remaining to be collected in 2017) (3) Note: The cost per call-out is the 2016 budget divided by total 2015 call-outs

2016 Financial

Plan Summary

Fire Protection

There are three rural fire departments that have service areas established to raise revenues.

There are fire protection areas on the fringe of five of the municipalities that have rural service areas. Agreements are in place and funds are raised within the service area outside the municipality to pay a percentage of the municipal fire budget.

*(1) Note: Dawson Creek & Pouce Coupe are one service area with all taxpayers paying same rate.

Cost per Call-out

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Solid Waste - Expenditures Solid Waste - Revenue

Administration/Operations (incl. debentures) 1,989,785 Tax Requisition - Electoral 4,773,234

Vehicles 71,000 Tax Requisition - Municipal 2,270,172

Supplies (computer/office/shop) 52,000 Grants 480,000

Transfer to Reserves 601,770 Fees (includes Cash Short/Over) 4,288,070

Operations (includes Addtn'l Site Work) 284,000 Extra Charges Recoverable (In/Out)

-Contractors 5,182,000 Admin Fees from Other Functions 19,500

Transport/Haul 673,000 Recovered Costs 20,000

Extra Charges Recoverable (In/Out) - Recycling commission & MMBC 34,000

Recycling / Waste Reduction 2,956,600 Other/Miscellaneous/Sale of Assets 41,528

Spring/Fall Clean-up 130,000 Borrowing Proceeds 5,000,000

Water Monitoring 128,000 Transfer from Reserves 35,000

Remediation / Closure 50,000 Unappropriated Surplus 2,012,651

Capital 6,856,000

Total Expenditures 18,974,155 Total Revenue 18,974,155

Tax Rate $ 0.31 per $1,000 of taxable assessment - Improvements Only

Budget Tax Rate Tax % of Budget

2016 18,974,155 $ 0.31 37% 2015 14,242,152 $ 0.31 47% 2014 15,078,001 $ 0.31 41% 2013 15,581,029 $ 0.33 40% 2012 14,945,648 5,795,428 $ 0.34 39% 7,043,406

The 2016 Solid Waste Budget includes the North Peace Regional Landfill new front entrance (borrowed funds), Chetwynd Progressive Closure of Phase A, and change to recycling to include curb-side pick-up.

Requisition

6,117,721 6,202,101

Page 10 6,692,452

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The Peace River Regional District operates one water system and seven rural sewer systems.**

2016 Budget Parcel Tax Number

Fort St. John Airport Subdivision Water

$

75,290

$

12,000

57

Fort St. John Airport Subdivision Sewer

$

68,350

$

18,265

57

Parcel tax & user fees

Charlie Lake Sewer

**

$

3,180,575

$

-

380

User Fees Only **

Chilton Sewer

$

24,190

$

21,972

35

Parcel tax only - no user fees

Friesen Sewer

$

9,476

$

3,750

13

Harper Imperial Sewer

$

90,748

$

46,975

60

Kelly Lake Sewer

$

57,720

$

18,750

21

Parcel tax only - no user fees

Rolla Sewer

$

71,218

$

22,490

67

Frontage tax

Water & Sewer Systems

2016 Financial Plan

Summary

** Charlie Lake Sewer is funded via user fees only for operations. The parcel tax was previously for debenture payments which are now done.

Starting in 2017 there will be a parcel tax of $150 per parcel to be used for improvements to existing system.

The large increase to the budget is for the new lagoon, the temporary sewage pit plus the new Public Septage Handling Facility - all of these major cost projects are funded via Fair Share and Gas Tax and the

user fees will pay for operations.

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-8000 2015

Year End

Principal Interest Total Balance

Municipal Long Term Debt

Dawson Creek 2,281,954 1,785,603 4,067,558 36,832,820 Fort St. John 1,645,147 2,079,600 3,724,747 39,872,219 Hudson's Hope 4,072 4,755 8,827 24,908 Tumbler Ridge 114,206 112,053 226,259 1,529,282 Chetwynd 56,578 35,200 91,778 1,600,000 Pouce Coupe - - - -Taylor - - - -4,101,957 4,017,212 8,119,168 79,859,230

Regional District Long Term Debt

Solid Waste 414,109 240,174 654,283 4,261,318

Clearview Gym 240,000 22,000 262,000 720,000

South Peace Multiplex 624,949 833,000 1,457,949 10,145,836

Buick Arena 77,742 104,175 181,917 1,893,926

Chetwynd Rec Plex 239,707 321,210 560,917 5,839,672

Harper/Imperial Sewer 22,604 15,389 37,992 382,045

1,619,111 1,535,947 3,155,058 23,242,797

Total Municipal and Regional District Debt 103,102,027

Page 12

Long Term Debt

2016 Scheduled Payments

Total

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2016 2015 Increase Administration / Finance $ 1,718,522 $ 1,635,919 5% Management of Development $ 549,255 $ 494,040 11% Development Services $ 400,218 $ 319,338 25% Building Inspection $ 110,559 $ 187,519 -41% Solid Waste $ 867,592 $ 833,527 4% Community Services $ 357,767 $ 318,512 12% Parks & Recreation $ 89,188 $ 12,971

Invasive Plants $ 214,153 $ 183,265 17% Charlie Lake Fire Department $ 225,089 $ 210,058 7% NP Economic Dev Commission $ 204,156 $ 194,814 5%

4,736,498

$ $ 4,389,963 8%

Staffing budget includes:

25 Full-time CUPE (not including Temporary Labourers) 1 Part-time CUPE

17 Full-time Exempt Employees (includes 2 CL Fire Dept. staff & 1 NP EDC) All department budgets includes a small allowance to payout any overtime and vacation not taken by year end. Administration includes amounts for temporary/casual staff.

Page 13

**Note that all 3 Community Services wages are posted to Emergency Planning, then funds are collected from the applicable functions/service areas where the staff work (of the total $358K charged there is $228K collected to offset). This is also the same for the GM of Development Services that was split 3 ways and is now all in Management of Development with the other two functions (Bldg. Inspection & RD Development)

paying higher "admin fees".

2016 Financial Plan

Summary

Payroll Budget

(wages and benefits)

No change to staffing levels

Full year of coordinator position

New position of IT Manager (8 months for this year - will be full year next year)

Full year of coordinator position

(note that NP Airport pays 1/2 of coordinator cost)

No change to staffing levels

Reduced to 1 FT Bldg Inspector Plus some hours for casual BI to fill in as required.

Full year of coordinator position Full year of Protective Services Manager

See note below

Full year of coordinator position New position started near end of 2015

2016 Financial Plan Summary 25/03/ :45 AM

Table of Contents

Regional Districts operate with "functions" and cannot move funds from one

rate or one set percentage of increase is not something that can be achieved.

The Peace River Regional District is governed by the Local Government Act,

Types of Services

municipalities to establish a service area and only the taxpayers in

2016 Financial

Financial Plan - Expenditures

Budget

Increase

Chetwynd

2015 Converted Assessment

2016 2016 2015 2015 2015 2016 ** Budget Requisition Requisition Call-outs Cost/Call Cost/Call Rural Fire Departments

*(2) Note: Fort St. John includes $200,000 toward the new fire hall ($100,000 remaining to be collected in 2017) *(3) Note: The cost per call-out is the 2016 budget divided by total 2015 call-outs

2016 Financial

There are three rural fire departments that have service areas established to raise revenues.

The Peace River Regional District operates one water system and seven rural sewer systems.**

2016 Financial Plan

Year End

Long Term Debt

2016 Scheduled Payments

2016 Financial Plan

(2) Note: Fort St. John includes $200,000 toward the new fire hall ($100,000 remaining to be collected in 2017) (3) Note: The cost per call-out is the 2016 budget divided by total 2015 call-outs