Rural Municipality of Lac du Bonnet
2023 Financial Plan Presentation
2023 Financial Plan Public Hearing
Welcome to all both In Person and Online & Thank-You for Attending!
Financial Plan Process
Operational Planning Session Jan 2023
Road to the 2023 Budget Series
Council & Staff Input
RM Strategic Plan Considerations
Administration & Public Works Input
Preliminary Financial Plan
Council Review
Budget Modifications Council Priorities
Tax By-law Introduction
Public Hearing Final Financial Plan
Adoption of Tax By-law
2023 General Operating Expense Summary
TOTAL EXPENSES $ 8,203,341.82
2023 Budget $1,651,333.18
General Government Services
Protective �Services
2023 Budget $591,285.42
Transportation Services
2023 Budget $2,922,537.00
Environmental Health
2023 Budget $ 728,180.00
Environmental Development
2023 Budget $ 406,691.92
Public Health & Welfare
2023 Budget $ 12,096.23
Recreation
2023 Budget $ 313,778.57
Economic Development
2023 Budget $ 184,860.00
Fiscal Services
2023 Budget $ 1,034,025.37
2023 General Operating Revenues
General Government $ 534,600.00
Protective Services $ 69,092.45
Transportation $ 66,000.00
Environment Health $ 70,856.00
Planning & Development $ 194,900.00
Recreation $ 26,000.00
Transfers from Reserves $ 371,000.00
Governmental Transfers $ 773,683.35
2022 Surplus $ 1,400,000.00
Municipal Taxation $ 4,697,210.02
�TOTAL REVENUES $ 8,203,341.82
Transfer to Reserves
2023 Budget $ 358,096.00
Why are Reserves Important for the RM?
�����Proposed �2023 Projects�
Proposed 2023 Capital Budget
Particulars of Expenditure | Estimated Total Cost |
Computers | $ 6,687.50 |
Server Upgrades Including Security | $ 45,341.25 |
Building Inspector Vehicle (SUV) | $ 50,000.00 |
Tile Drainage (Westview Drive, Edward Crescent and Apsit Road) | $ 94,000.00 |
Hobo Lane Completion – 2022 Budget | $ 0 |
Winnipeg River Boat Launch | $ 47,000.00 |
Steamer (Funding of $30,160.80) | $ 48,685.00 |
Zero Turn Mower | $ 20,750.00 |
Truck Snow Plow | $ 12,203.35 |
Waste Management Equipment | $ 160,500.00 |
¾ Ton Truck – One in fleet goes to Transfer Station | $ 75,000.00 |
½ Ton Truck – Public Works | $ 65,000.00 |
TS Grader | $ 642,385.20 |
Welder | $ 4,500.00 |
Computer – Mechanic | $ 1,477.46 |
Transfer Station Bin x 2 | $ 33,726.40 |
Transfer Station Computer | $ 1,391.00 |
Transfer Station Scanner (Records Management) | $ 2,741.88 |
Fire Department – Building Purchase ($8,500.00) | $ 6,545.00 |
Fire Department – Concrete Pad Spec Revision ($60,000.00) | $ 30,000.00 |
Fire Department – 15 SCBA Composite Air Cylinders ($28,500.00) | $ 21,945.00 |
Commercial Business Opportunity | $ 1,000,000.00 |
| $ 2,396,511.04 |
Funding to Community Organizations
Funding to Community Organizations
Work in Kind�
$ 1,700.00 – Community Garden
$ 2,500.00 – LDB Ski Trails
$ 2,000.00 – LDB Trails Association (Blueberry Rock, etc.)
$ 2,500.00 – Lee River Snow Riders
$ 8,700.00 – TOTAL Budgeted Work in Kind
Regional Economic Benefits
RM of Lac Du Bonnet Business Benefits
RM Employment
Did you know…
Rural
Municipality
Sunrise School
Division�
Provincial Education
Under the authority of the Public Schools Act of Manitoba Section 187 and 188, all Rural Municipalities are required to collect and remit School Taxes on their behalf.
2023
10.370 - Municipal Mill Rate
11.518 - Sunrise School Division Tax Mill Rate
8.14 – Provincial Education Mill Rate
% of Total Assessment by Classification�Agriculture 10.5% Residential 79.5% Commercial/Other 10.1%
RM of LAC DU BONNET�ASSESSMENT AND LEVY�3 YEAR >>>YEAR OVER YEAR COMPARISON
| 2023 | 2022 | 2021 |
ASSESSMENT | 459,101,190 | 409,983,650 | 406,973,100 |
% Increase - Year over Year Comparison | 11.980% | 0.740% | 0.958% |
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TOTAL MUNICIPAL MILL RATE | 10.370 | 10.399 | 10.296 |
% Increase - Year over Year Comparison | -0.279% | 1.010% | -0.809% |
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For 2023 >>>> 1 mill raises | $459,101 |
2023 assessment increase generates | $509,348.89 |
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��What to Expect as a Property Owner �in the Rural Municipality of Lac du Bonnet for 2023�
RESIDENTIAL | 2022 | 2023 | % Increase |
Property Assessment | $298,900.00 | $322,300.00 |
|
Poriton % | 45% | 45% |
|
Portioned Assessment | $134,510.00 | $145,040.00 |
|
General Municipal Mill Rate | 10.399 | 10.370 |
|
General Municipal Tax Owing | $1,398.77 | $1,504.06 | 8% |
| | | |
RESIDENTIAL WATERFRONT | 2022 | 2023 | % Increase |
Property Assessment | $396,600.00 | $440,000.00 |
|
Poriton % | 45% | 45% |
|
Portioned Assessment | $178,480.00 | $198,010.00 |
|
General Municipal Mill Rate | 10.399 | 10.370 |
|
General Municipal Tax Owing | $1,856.01 | $2,053.36 | 11% |
| | | |
RESIDENTIAL/FARM | 2022 | 2023 | % Increase |
Assessment | $281,600.00 | $302,400.00 |
|
Poriton % | 45% | 45% |
|
Portioned Assessment | $ 126,730.00 | $ 136,080.00 |
|
Assessment | $540,900.00 | $642,700.00 |
|
Poriton % | 26% | 26% |
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Portioned Assessment | $ 140,630.00 | $ 167,100.00 |
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General Municipal Mill Rate | 10.399 | 10.370 |
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General Municipal Tax Owing | $2,780.28 | $3,143.98 | 13% |
| | | |
COMMERCIAL | 2022 | 2023 | % Increase |
Assessment | $349,300.00 | $353,600.00 |
|
Poriton % | 65% | 65% |
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Portioned Assessment | $227,050.00 | $229,850.00 |
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General Municipal Mill Rate | 10.399 | 10.370 |
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General Municipal Tax Owing | $2,361.09 | $2,383.54 | 1% |
Other Matters
outstanding balance
outstanding balance beginning October 1, 2023
TIPPS Program, Telpay, E-transfer, Credit Card (additional OptionPay Fees)
Thank you for your Attention
Questions?