Budget

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2021 BUDGET

The budget was adopted on December 14. The average Beaconsfield property value is $732,212, after the Agglomeration of Montreal property assessment roll was submitted in September 2019, the second year of three.
 
The Council used $2,370,000 of its surpluses and reserves to present a balanced budget. The City’s overall budget rose to $50,167,771 an increase of 4.74%, compared to the previous year.
 
  • Operating and financial activities: $26,096,271        6.51% increase
  • Agglomeration share: $24,071,500                          2.88% increase
 
HIGHLIGHTS
Beaconsfield’s share
  • Maintaining of tax rates for all residential properties. Local property tax freeze for a home with an average value of $732,212
  • $1.00 per lift for a 120-litre bin, $1.70 for a 240-litre bin, and $2.40 for a 360-litre bin. This allows to recover $86,752 in revenues while expenses increased to $177,634
  • $40 annual water rate maintained
  • 1.48% reduction of the water tax for an average consumption of 300 m3
  • 0.44% total tax increase for Beaconsfield’s share
 
Agglomeration of Montreal share
  • 2.24% tax increase
  • 8.74% increase of the water tax
  • 2.44% total agglomeration tax increase
 
Combined share
  • 1.63% overall annual increase
 
The City’s budget was adopted according to the standards established by the Ministry of Municipal Affairs and Land Occupancy. The elements of the budget that seem most interesting to us for the activities we manage in Beaconsfield are listed below.
 
REVENUE - BEACONSFIELD
Increasing revenue:
  • $1,275,000 from reserves to balance the budget, for a total of $2,370,000
  • $624,149 for the agglomeration tax
  • $198,489 for compensation in lieu of taxes and government grants
  • $86,752 for residual materials
  • $62,385 for the local property tax
  • $60,000 for interest from arrears and investments
  • $37,551 for the water tax
 
Decreasing revenue:
  • $45,536 for culture and leisure activities
  • $30,000 for dog licenses (billed every two (2) years)
     
     
EXPENSES – BEACONSFIELD
The budgetary expenditure categories are revised according to anticipated needs and costs. The details of the most significant changes are summarized below:
 
Revised increasing expenses:
  • $673,800 for our Agglomeration share
  • $375,000 for infrastructure improvements, street resurfacing and ditch repairs for a total of $1,575,000
  • $344,273 for building maintenance and repair
  • $254,181 for the collection and transportation of waste and green residue
  • $234,800 for the November 2021 general elections, including $123,000 in salary
  • $97,585 for salaries and fringe benefits, an increase of 0.91%
  • $74,311 for the CMM
  • $65,000 to improve the marking and safety of bicycle paths
  • $60,908 in repayment of the capital and interest on loans
  • $45,000 in professional services for sustainable development
  • $18,500 for safety measures and sanitary products due to pandemic
Revised decreasing expenses:
  • $292,898 for the purchase of capital assets paid from the operating budget
  • $31,088 for snow removal operations. Cost savings in road salts and fuel consumption for transporting used snow following the acquisition of a snow melter
  • $24,000 in small non capitalized small equipment
  • $17,523 for specialized animators

 

THREE-YEAR CAPITAL EXPENDITURE PROGRAM (PTI)
 
The 2021 projects for the 2021-2023 PTI show the general intentions of the Council to improve municipal assets, infrastructure and various
equipment. These are investments for an estimated total amount of $13,155,000. The sources of funding will be:
 
  • $2.690M in subsidies (for infrastructure)
  • $4.125M from long-term loans (mostly for infrastructure and parks)
  • $1.975M from the operating budget (for road work, ditch repair and building maintenance)
  • $3.430M from working capital funds (for projects less than $1M)
  • $0.935M from reserves and surplus (for professional services and various projects in parks)
As these projects advance, we will inform you of the most relevant details such as roads on which infrastructure-related work and repaving will take place.
  • $2,575,000  Infrastructure (water network, sewer, drainage) on several sections throughout the City.
  • $2,675,000  Repaving of pavement, repair and new sidewalk, repair of ditches on various streets and construction of green sidewalk on Allancroft.
  • $2,150,000  Parks and green spaces to improve Meadowbrook and Briarwood parks and the renaturalization of the Centennial Park waterfront.
  • $5,015,000  Buildings and others (upgrading to standard, renovations, projects and mandates) for several projects including the implementation of energy-efficient measures in certain buildings, the rehabilitation of the Recreation Centre parking lot and the construction of the Beacon Hill chalet.
  • $740,000     Vehicles (replacement). Each year, we replace vehicles that have exceeded their useful service life. This sum is taken directly from our working capital and then paid back over a 5-year period.