Budgeting & Reporting

The Town of Shelburne Finance Department prepares budget documents for Council and works with the Town’s auditors (Redding CA) on the annual audit of the Town’s finances.

 

2018-19 Capital Budget 

Shelburne, NS – The Shelburne Town Council approved an ambitious five-year capital budget with 2018-
19 including 34 new capital projects totaling $4.8 million on April 16th, 2018, supported by a projected
$2.87 million in external funding (60%). An additional $665,000 in capital spending for 2018-19 will be
financed from the Town's capital reserves, to which the Council has been steadily contributing in recent
operating budgets.

2018-19 follows on a busy 2017-18 which saw the Town undertake an additional 23 capital projects at a
projected cost of $4.34 million, supported by a projected $2.44 million in external funding (56.3%); an
additional $224,709 in financing for 2017-18 was drawn from the Town’s capital reserves. All but 3 of
these 2017-18 projects are now successfully completed, with the remainder to be completed by
September, 2018.

Key investments in the 2018-19 capital budget include:

 A commitment to completing the major $2.8 million Wastewater Treatment Facility Upgrades
project this year, to prepare our sewer system to meet future requirements;

 A new Shelburne Family Centre. Building on Shelburne’s status as the only community in
Southwest Nova Scotia with a growing population of young families the Town proposes a new
community facility consolidating supportive services for families of all ages under one roof;

 Continued investment in parks, trails and greenspaces including support for proposed Graham’s
Park Skatepark project;

 A contribution of up to $50,000 to the Shelburne Harbour Yacht Club Sailing Academy in support
of legacy upgrades to the youth sailing program, in preparation for hosting the International
Albacore Championship, August 24th to 30th, 2019;

 Road paving projects throughout town including the seal coating of Falls Lane and Water Street,
following on prior widening projects, along with a commitment to improve downtown parking;

 Tourism initiatives including improved banners and visitors signage as well as a new public wifi
network in the downtown;

 New Christmas decorations for town streets as requested by residents;

 Major investment in Shelburne Marine Terminal to attract new business and support the local
economy for Town and area residents.

Town of Shelburne Adopts 2018-19 Operating Budget 

 Shelburne, NS – The Shelburne Town Council approved an operating budget totaling $5.03 million on April 4th, 2018. The approved residential tax rate of $2.04 per $100 of assessment and approved commercial tax rate of $3.86 per $100 of assessment remain unchanged. Sewer charges are increasing from $219 to $240 per unit to finance upgrades to the treatment plant taking place this year. Solid waste charges are also increasing – based on actual costs – to $251.68 per unit. To reduce the impact of these service charge increases Council has also approved an increase in the low-income tax exemption program which will now provide graduated tax relief ranging from $152.93 to $611.73 to qualifying tax payers with household incomes under $34,464.

In setting the operating budget the Town Council has to confront numerous financial pressures and balance competing priorities while remaining conscious of residents’ ability to pay. The 2018-19 operating budget continues the implementation of the Shelburne Town Council Strategic Plan 2017-21 with key investments including:

A continued focus on service delivery and asset management; 2018 will see the establishment of a new Asset Management Advisory Committee with Council, staff and public members. 

Significant investments in economic development and tourism, implementing Council’s Economic Development Strategic Action Plan, Tourism Strategic Action Plan 2017, and Events Strategic Plan 2018-2021. 

Continued investment in trails, parks, playgrounds and other recreational properties. 

Additional art projects supported by the Town’s public art fund (overseen by the Town’s Community Participation & Volunteerism Committee) and a continuing commitment to the Guild Hall Summer Arts series of free public performances throughout the summer season. 

Continued support for public housing and day care services for Town residents.

A new façade program for the downtown, supported by the Town’s new Commercial Development Support Program which provides tax rebates to businesses renovating or developing eligible commercial properties. 

Up to $45,000 as needed to support the Shelburne County Arena Association with the purchase of a new Zamboni; to be matched by the Municipality of the District of Shelburne. 

A new resident attraction campaign, complementing existing marketing initiatives with efforts targeting potential new residents and entrepreneurs. 

Continuing to build capital reserves necessary for long-term asset management; minimum annual capital reserve transfers remain at 50% of amortization.

 

2018-19 Budget Documents

2018 19 Capital Budget

2018 19 Operating Budget

Budget Video Link: https://vimeo.com/267868989  

 

Business Plans

2018 to 2019 Business Plan

 

Financial Statements

Nova Scotia Department of Municipal Affairs - Municipal Financial Indicators

The Nova Scotia Department of Municipal Affairs provides published indicators for all municipalities in Nova Scotia, focusing on financial matters, administration of the municipality, and characteristics of the community. Two structured reports – the Financial Condition Index and the Municipal Profile – bring together a group of indicators to give an overall snapshot for each municipality.

Municipal Indicators (Department of Muncipal Affairs)