2026 Financial Plan

Rural Municipality of St. Clements, Manitoba

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2026 2026 FINANCIAL PLAN OVERVIEW BUILDING OUR FUTURE A Trasparent Look at Your Tax Dollar FINANCHIAL PLAN 2026 2026 Financial Plan Overview 01 Content MESSAGE FROM COUNCIL 02 STRATEGIC PLAN 03 BUDGET AT A GLANCE 06 WHERE YOUR TAX DOLLAR GOES: SERVICE BREAKDOWN 07 CAPITAL INVESTMENTS 08 DEBT MANAGEMENT 10 AFFORDABILITY COMPARISON 11 IMPORTANT TAXPAYER INFORMATION 12 SAT A GLANCE: 2026 FINANCIAL HIGHLIGHTS 04 UNDERSTANDING YOUR 2026 TAX BILL 05 02 Message From Council MESSAGE FROM COUNCIL TThe RM of St. Clements Council is proud to present the 2026 Financial Plan, which outlines our strategic priorities, financial strategies, and ongoing commitment to serving our community. As we navigate a year marked by both local opportunities and global challenges, we remain steadfast in our mission to foster sustainable growth, enhance community amenities, and maintain fiscal responsibility. The past year has seen significant developments both within our municipality and beyond. Locally, we continue to address the impacts of extreme weather events, which have highlighted the importance of resilient infrastructure and proactive planning. Globally, economic pressures have reinforced the need for prudent financial management. In response to these challenges, Council has prioritized investments in critical infrastructure, including road maintenance, drainage improvements, and water, waste, and wastewater management systems. These projects address immediate needs and position the RM for long-term sustainability. On behalf of Council, thank you for your continued support as we work together to make St. Clements "the place to be." Mayor Debbie Fiebelkorn On behalf of the RM of St. Clements Council 2026 Financial Plan Overview Left to Right: Councillor Sandra Strang, Councillor Robert Belanger, Councillor Dave Sutherland, Mayor Debbie Fiebelkorn, Councillor David Horbas, Councillor Glen Basarowich, Councillor Scott Spicer 03 Strategic Plan VISION Welcoming, diverse and growing communities, supporting a safe lifestyle for all ages to live, recreate and be prosperous. COMMUNICATIONS AND OPENNESS We communicate openly and work with residents to understand ideas and concerns. 1 COLLABORATIONS AND RESPECT We work together to arrive at clear plans with a willingness to compromise and respect. 2 DIVERSITY We uphold functional diversity in land uses and lifestyles. 3 FINANCIALLY ACCOUNTABLE We responsibly grow our tax base and achieve accountability. 4 CONTINUOUS IMPROVEMENT We minimize inefficiencies and improve service quality. 5 VALUES STRATEGIC PLAN 2026 Financial Plan Overview Item 2026 Amount Total Operating & Capital Budget $28,986,121 Municipal Taxes $10,958,213 Municipal Mill Rate 9.200 mills Mill Rate Change +0.100 mills (1% increase for roads) School Mill Rate 12.78 -13.89 Mills School Tax Levy $16,485,268 Total Property Tax Levy $46,770,232 School Portion of Taxes 60% Municipal Portion of Taxes 40% Capital Investments $17.7 Million $10.96M KEY INVESTMENT AREAS 2026 BUDGET AT A GLANCE QUICK FACTS Municipal taxes & grants in lieu Resident takeaway: only about 40% of the total municipal-and-education property tax requirement stays with the RM for municipal services. About 60% relates to education levies set outside the municipal budget. ·Roads & Infrastructure: $3.8M for 10-year hard- surface plan & East Selkirk safety improvements ·Water & Utilities: $2.8M for SSC reservoir and water expansion ·Recreation: $1.42M for South St. Clements facility completion ·Landfill Expansion: $2M for Cell 3 environmental compliance $18.03M Other revenue & transfers $28.99M $15.71M Total municipal expenditure 2026 capital expenditures $16.49M $0 Education Taxes New borrowing in Schedule A Part 3 AT A GLANCE: 2026 FINANCIAL HIGHLIGHTS 04 AT A GLANCE: 2026 FINANCIAL HIGHLIGHTS OTIENO DIGI-STAR Item Amount Municipal Tax $1,584.79 School Tax $2201.48 - $2392.69 Startup Business Plan 05 UNDERSTANDING YOUR 2026 PROPERTY TAX BILL UNDERSTANDING YOUR 2026 TAX BILL How Much Are You Paying? For a typical St. Clements home assessed at $382,800: Note: Residents will receive up to a $1,600 school tax rebate from the Province for primary residences only. Municipal Taxes 40% School Taxes %60 School Taxes: 60% Set by school divisions and the Province --not controlled by the RM Municipal Taxes: 40% Controlled by the RM for local services TAX BILL BREAKDOWN Municipal Taxes $37.8% Transfers from Accumulated Surpluses & Reserves $33.5% Other Revenue $28.7% School Taxes 60.1% Municipal Taxes 39.9% Component Mills Purpose General Municipal Services 7.234 Day-to-day operations Roads Reserve Levy 1.2 10-year hard-surface road plan Debenture Charges 0.766 Debt repayment TOTAL 9.2 Source Amount % of Total Municipal Taxes & Grants $10,958,213 38% Provincial & Federal Grants & Fees $8,310,630 17% Transfers from Reserves $9,717,277 33% Other Revenue $501,648 2% BUDGET AT A GLANCE 06 BUDGET AT A GLANCE Revenue Sources: Where the Money Comes From Keeping the RM running day-to-day Roads & transportation Fire & emergency services Water & sewer operations Parks & recreation Administration & permits CAPITAL BUDGET: $15.71M OPERATING BUDGET: $10.96M Building the RM's future Road reconstruction & improvements Water & wastewater infrastructure Recreation facilities Equipment & vehicles Landfill expansion The Big Picture: $28.99 Million Budget BUDGET AT A GLANCE Municipal Mill Rate: 9.200 mills This is an increase from 2025's 9.100 mills--a 1% increase dedicated entirely to our long-term roads plan. THE 2026 MILL RATE Key Point: Less than 40% of the municipal budget comes directly from property taxes. Grants, user fees, and strategic reserves help keep your tax bill lower. Total 2026 Revenue: $28,986,121 / MONTH Service Area Amount What You Get Transportation Services $369.27 Roads, winter maintenance Fiscal Services & Capital $638.93 Long-term infrastructure Protective Services $32.28 Fire, emergency response Environmental Health $101.09 Garbage, water, landfill Government Services $113.31 Administration, permits Recreation & Culture $50.43 Parks, trails, programs Environmental Development $12.98 Planning, zoning Economic Development $13.60 Business support Public Health & Welfare $2.73 Social assistance TOTAL $1,584.79 Service Area Budget Amount % of Total Tax Dollar Transportation Services $6,753,771.14 23.00% $352.09 Fiscal Services $11,685,701.92 40.00% $609.20 Protective Services $1,139,009.16 4.00% $59.38 Environmental Health Services $1,848,975.02 6.00% $96.39 General Government Services $2,072,414.46 7.00% $108.04 Recreation & Cultural Services $924,212.56 3.00% $48.18 Economic Development Services $248,700.00 1.00% $12.97 Public Health & Welfare Services $50,000.00 0.00% $2.61 Public Health & Welfare Services $50,000.00 0.00% $2.61 Transfer To Reserves $4,024,893.00 14.00% $209.83 TOTAL $28,986,120.61 100.00% $1,511.06 WHERE YOUR TAX DOLLAR GOES: SERVICE BREAKDOWN SERVICE BREAKDOWN 07 2026 Financial Plan Overview For a typical household paying $1584.79 in municipal taxes, here's the allocation: ROADS & DRAINAGE UTILITES Continues the hard-surface road plan, culvert and water-control work, and long-term road preservation. $6.75M transportation budget $2.095M road plan line 1.200-mill roads reserve levy Includes the SSC utility reservoir and river crossing, ESSW water/wastewater projects, and balanced utility operations. $1.0M SSC reservoir & river crossing $500K ES WTP discharge to river No utility operating deficit budgeted WASTE & ENVIRONMENT COMMUNITY & RECREATION Funds curbside collection, transfer stations, landfill operations and a new landfill cell. $1.85M Environmental Health budget $2.0M Landfill Cell capital item Supports community programming and the South St. Clements Community Center as a major quality-of-life investment. $924,212 Recreation & Culture budget $1.33M SSC Community Center capital item Largest 2026 Capital Items $0 $500,000 $1,000,000 $1,500,000 $2,000,000 East Selkirk Traffic Study Landfill Cell SSC Community Center SSSC Utility - Resivoir & River Crossing ES WTP Discharge to River Tandem/Sander Boat Launch GMCC Upgrades 2026 CAPITAL INVESTMENTS: BUILDING YOUR FUTURE CAPITAL INVESTMENTS 08 2026 Financial Plan Overview Budget supports daily operations, maintenance and capital projects Roads & drainage remain major infrastructure priorities South St. Clements Community Center is a key community investment Capital Investment in 2026 Schedule A lists 2026 capital expenditures of $10,317,219. These investments focus on roads and traffic safety, landfill capacity, utilities, fire/public works equipment and recreation assets. Capital funding snapshot Total 2026 capital expenditures: $10.32M Borne by General Fund: $201,750 Borne by Utility Fund: $755K Borne by Reserves: $6.7M Borne by Borrowing: $0 Project / item Estimated cost Funding note East Selkirk Traffic Safety $2,000,000 Reserve-funded capital Landfill Cell $2,000,000 General-fund capital SSC Community Center $1,327,992 General-fund capital grants SSC Utility - Reservoir & River $1,000,000 Reserve-funded capital ES WTP Discharge to River $500,000 Utility fund / reserves Tandem / Sander $475,000 Reserve-funded equipment Boat Launch $300,000 Reserve-funded recreation asset GMCC Upgrades $300,000 Capital improvements 2026 CAPITAL INVESTMENTS: SELECTED CAPITAL ITEMS CAPITAL INVESTMENTS 09 2026 Financial Plan Overview Metric Status Debt Capacity Remaining 4.57% (~$53 million available) Payment Capacity Remaining 12% (~$3.6 million available) Overall Financial Position Strong - well within provincial limits DEBT MANAGEMENT: A SOUND FINANCIAL POSITION DEBT MANAGEMENT 10 2026 Financial Plan Overview Debt Capacity & Payment Limits The Province sets two key benchmarks for municipal borrowing: debt cannot exceed 7% of total assessment, and annual payments cannot exceed 20% of revenue. St. Clements is in a strong financial position with significant borrowing room for future projects. Not all debt payments come from your general tax bill -- in fact, the majority don't. General taxation accounts for only 35.5% of total debt payments. Local Improvement District levies cover 20.7%, tied to specific infrastructure projects benefiting only those properties. The balance comes from Gas Tax Grants and Utility Rates for water and wastewater infrastructure. Council has been deliberate about structuring debt so repayment is shared fairly and doesn't fall disproportionately on your property tax bill Debt Capacity Available 65.3% Utilized 34.7% Payment Capacity Available %60% Utilized %40% Debt Payments By Funding Source General Taxation %36.6% Gas Tax %30.7% LID %17.8% Utilities %14.9% Municipality 2026 Mill Rate % Change St. Clements 9.2 1.00% East St. Paul 7.876 5.64% West St. Paul 6.296 0.00% Lac du Bonnet 10.093 1.97% Springfield 9.87 2.00% Selkirk n/a 2.99% St. Andrews 9.14 1.99% Headingly 5.914 2.82% AFFORDABILITY COMPARISON 11 2026 Financial Plan Overview AFFORDABILITY COMPARISON: HOW ST. CLEMENTS STACKS UP St. Clements mill rate is among the lowest in the region and has decreased significantly over the past five years. LOOKING AHEAD The 2026 Financial Plan represents Council's commitment to fiscal responsibility, strategic investment, and sustainable growth. Every dollar in this budget was carefully considered to balance immediate needs with long- term vision. We've held the municipal portion of your property tax as stable as possible while investing in infrastructure that will serve residents for decades. Whether it's safer roads, reliable water systems, recreational facilities, or emergency services, your tax dollars are working to make St. Clements "the place to be." We remain transparent about how we spend your money and welcome your questions and feedback. Thank you for your continued support. Rural Municipality of St. Clements Council & Administration Mill Rate Comparison (2026) Important Taxpayer Information IMPORTANT TAXPAYER INFORMATION 2026 TAX DUE DATE: OCTOBER 31, 2026 Taxes remaining unpaid after the due date are subject to a penalty of 1.25% per month, added on the fourth business day of each month thereafter. WHAT RESIDENTS OFTEN ASK WHERE TO FIND THE FULL NUMBERS Why did my bill change? Education levies and assessment changes can affect the total tax bill independently of the municipal budget. What does the RM control? The RM controls the municipal portion, local service delivery, capital planning and reserve strategy. Why use reserves? Reserves reduce the need for borrowing and help smooth future tax impacts. Why are there extra charges on some bills? Some locations include local improvement district or per- parcel charges for specific benefiting projects. This handout is intended to be easy to read. For complete legal budget details, residents can refer to By-Law No. 2 - 2026 and Schedule A, which contain the full tax levy calculations, department budgets, capital items, utility budgets and debenture schedules. 12 2026 Financial Plan Overview