2020 Budget

2020 Budget
 

Budget Overview

Lincoln is one of the fastest growing municipalities in Niagara. We have a responsibility to our community to best deliver services at a high level and do so efficiently and cost-consciously.
 

The Lincoln Context:

We have to pay for the infrastructure and the quality programs and services that make Lincoln a place where people choose to invest, raise families, and prosper. However, like all municipalities, we face challenges. As we grow and evolve, we must address the budget pressures that come with that change. Lincoln’s projected population growth is 50% in the next 10 years, bringing us to approx. 32,000. We cannot address all of our growth and infrastructure challenges alone. We continue to seek partnerships and support from other levels of government. We have been more successful than ever and have made government advocacy a big part of what we do.

A Strong Foundation:

This year like in the past, investment in capital and operating budgets remain at a level that seeks to continue to invest in the much-needed infrastructure projects the Town must complete, and in the resources needed to execute the work. Our goal is to keep our foundation strong, through the steady, incremental investments. For instance:

  • Council has invested in a 1.5% special infrastructure levy since 2017 to address the infrastructure gap occurring across the province
  • Additionally, our roads were suffering, so this last and current term of Council has invested at least 2 million each year in the road rehabilitation and resurfacing program to get Lincoln's roads back to the condition that is needed
  • Urbanizing our roads, one or two at a time, each year allows for our community’s roads to have sidewalks, bike lanes, and storm drainage

These incremental investments have made significant improvements in our community, maintaining that foundation, but at a much more affordable rate for our taxpayers. 

The Town’s financial wellbeing is sound. For example:

  • Lincoln's long-term borrowing remains well below internal policy & the provincial standards, as far out as 2045, even with significant forecasted capital infrastructure investment in our community
  • The Province’s most recent review of Lincoln's financial indicators found all indicators were in good financial health with low risk. This demonstrates Lincoln’s approach & prudent investment in our financial sustainability

Affordability for our residents and businesses remains a focus in all decision-making
 

Affordability:

Lincoln remains one of the most affordable communities in relation to household income & property taxes.

  • 3rd lowest – property taxes only (3.7%)
  • 4th lowest – water/sewer + property taxes (4.5 %)
     

Overall Tax Levy Scenario 

Lincoln’s tax bill accounts for three agencies. In addition to the Town of Lincoln's portion (36%) of the tax bill, property taxes pay for the delivery of community programs and services by Niagara Region (including waste) (51%) and the school boards (13%).

The impact to property taxes is a combination of these three agencies, but Lincoln only controls approximately 1/3 of your tax bill. 

Overall blended rate is: 5.3%, with Lincoln’s portion is only 2.17% on your overall tax bill

Therefore, household impact is based on all three agencies & your property assessment (overseen by MPAC).
 

Budget Impact to Property Taxes

Therefore, this year, the budget impact to a property tax bill are, per property assessment values of:

$100,000 = $63.89

$200,000 = $127.78

$300,000 = $191.67

$400,000 = $255.56

$500,000 = $319.45

A portion of every tax dollar is used to provide over 90 programs and services to ensure a high quality of life for residents.

  • Community safety (fire & rescue services, police, EMS)
  • Winter operations (snow removal, salting, sanding of roads)
  • Waste management services
  • Recreation programs (summer camps, swimming lessons, leisure activities, seniors programming)
  • Recreation activities (parks, trails, facility maintenance)
  • Community beautification (grass cutting, trees, flowers, boulevards)
  • Public transit (uLinc)
  • Parks (park & facility maintenance)
  • Community events
  • Museum & cultural services
  • Library services
  • By-law services

For all these programs & services, based on the avg. assessed home at $388,000, the impact to the taxpayer is:

  • Year: $247.90
  • Month: $20.66
  • Week: $4.77, which equates to approximately 2 coffees per week
  • Day: $0.68

Value for Tax Dollar

an image of a loonie with a breakdown of what a resident pays for municipal services for each dollar

Budget by the Numbers - Overall 2020 Tax Levy 
 

2020 budget breakdown

 

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