Budget 2013


Operating Budget

The annual budget provides resources for the management and delivery of public services such as snow removal, the supply of drinking water, Public Security and Recreation activities. The principal source of financing is from the municipal property tax bill. As well, other revenues are generated either from permits, program fees and transfers from other levels of government.

Annual Local Budget 2013 2012 Variation
General Administration
Council, Finance, Director General, IT, Town Clerk, Human Resources, administrative expenses
2 377 950 2 227 610 +6.7%
Public Works
Transportation, environmental health
4 521 265 4 454 108 +1.5%
Town Planning & Building Inspection 254 909 208 045 +22.5%
Recreation and Culture 2 374 757 2 293 280 +3.6%
Legal, Insurance and other fees 865 900 865 600 +0.0%
Pension Deficit Contribution 175 500 228 000 -23.0%
Financing 1 210 000 1 249 700 -3.2%
> Loans Reimbursed by Grants 200 000 250 000 -20.0%
Public Security 900 213 862 110 +4.4%
CMM 200 000 200 000  
TOTAL - Local Operating Expenses 13 080 494 12 838 453 +1.9%
Agglomeration Share 9 618 088 9 524 310 +1.0%
TOTAL 22 698 582 22 362 763 +1.5%

Overall, the 2013 operating budget for the Town of Hampstead totals $13,080,494, not including $9,618,088 for the Agglomeration's share. The Town projects an accumulated operating surplus of $1.36 million as of December 31, 2012. In terms of net long-term debt, the Town is projecting an amount of $10,974,800 at the end of 2013, an 8.4% decrease from the previous year and a total reduction of 20.0% since 2009.

 

Property Tax Rates

For the average single family home, local property tax rates will increase by 1.0% in 2013, well below the expected inflation rate for this year. Added to this amount is the agglomeration share charged to Hampstead, which will impact the Town's tax rate by 0.2% next year. This brings the average tax increase to Hampstead ratepayers to a total of 0.6% in 2013.

In 2013, the municipal tax rates (per $100 of valuation) will be:

Property Type Mill Rate
For residential properties containing 5 housing units or less $1.2239
For apartment buildings with 6 or more units $1.2531
Vacant lots $2.4478

With a residential rate of $1.2239, the ‘average single-family dwelling' will be assessed a 2013 Hampstead tax bill of $11,298. It must be stressed that this example reflects the impact of the taxation rates on the average single-family dwelling. Tax bill increases/decreases will vary depending upon the change in valuation of each individual property.

 

Capital Works Program 2013-2014-2015

The 3-year capital works program encompasses the programs that the Town wishes to undertake in the coming three years to maintain and upgrade its infrastructures and/or improve the quality of urban life. Different sources of financing are available through long-term loans which account for the debt of the Town. The annual capital and interest payments made to repay this debt are integrated in the operational budget and make up part of the financing costs. Each project needs to be individually approved by council.

Building upon the highly successful 2012 infrastructure program that saw major roadway and sidewalk reconstruction as well as water main rehabilitation, the Town will focus its efforts in 2013 on beautification primarily on Queen Mary and Fleet, further water main rehabilitation on Côte Saint-Luc Road, and work on our street light network and pathways. The total investment in capital works projects for 2013 will amount to $2,808,400.

CATEGORY PROJECT 2013 2014 2015
Vehicles and Equipment Surveillance cameras public works garage 66 000    
Excavation hammer & vibrating plate 44 000    
Public security van replacement 35 000 35 000 35 000
Electronic ticketing system 13 200 15 000  
Modifications to transform vehicle into 10-wheel truck 55 000    
Replacement of pick-up (crew cab) 66 000   66 000
Information Technology Web site interactive services for residents 45 000    
Hardware to increase network performance 35 000 15 000 15 000
Redesign of web site 50 000    
Municipal Installations Town beautification projects 200 000 30 000 30 000
Community center building upgrades 60 000 20 000  
Infrastructure Rehabilitation Water mains & sewers 1 491 700 500 000 500 000
Street light rehabilitation 200 000 200 000  
Walking path rehabilitation 150 000 100 000  
Parks and Green Spaces Applewood Park Centennial reconstruction 250 000    
Dufferin park safety enhancements 43 000    
Hampstead pool renovations- fencing & splash area 4 500 10 000  
TOTAL – Capital Investments $ 2 808 400 $ 925 000 $ 646 000

 

Documents for Download

Supporting documents for the 2013 budget are available for download below:

Document Date of Release
Complete Budget Presentation 2013 December 17, 2012
Budget Overview 2013 (Expense/Revenues/Capital Works) December 17, 2012
Financial Report from the Mayor for the year ended December 31, 2011 November 5, 2012