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Home My Public Portal About2018-03-01_COW_Public_Agenda PackagePage 1 of 1 of Agenda Cover Page(s) Committee of the W hole AGENDA Thursday,March 1, 2018 Chester Municipal Council Chambers 151 King Street, Chester, NS 1.MEETING CALLED TO ORDER. 2.APPROVAL OF AGENDA/ORDER OF BUSINESS. 3.PUBLIC INPUT SESSION (8:45 A.M.–9:00 A.M.) 4.MINUTES OF PREVIOUS MEETING: 4.1.Committee of the Whole –February 15, 2018. 5.MATTERS ARISING. 6.POLICY DEVELOPMENT/REVIEW. 7.CORRESPONDENCE: 7.1 Email from UNSM dated February 21, 2018 –For Information Purposes regarding Sponsorship Program opportunities at the FCM 2018 Conference and Trade Show, Halifax which can help bring exposure and promote your Community by having your Municipality’s name associated with a conference event or signature assets. 7.2 Request for Decision dated February 11, 2019 –Consideration of Cost of Living Adjustment to salary bands for employees and annual remuneration for Council. 7.3 Memorandum dated March 1,2018 from Garth Sturtevant,Planner,regarding Public Engagement Schedule –Plan Review. 7.4 Financial Condition Indicators /4-Year Trend. 8.NEW BUSINESS. 9.IN CAMERA 9.1 Legal Advice –Section 22(2)(g)of the MGA –UARB/Cannabis for Life. 10.ADJOURNMENT. MEMORANDUM Prepared By:Garth Sturtevant Date February 22, 2018 Reviewed By:Tara Maguire Date February 23, 2018 Authorized By:Tammy Wilson Date February 23, 2018 CURRENT SITUATION Staff have prepared materials and scheduled dates for the upcoming final round of public engagement meetings related to the new Municipal Planning Strategy and Land Use By-law. Council requested an opportunity to view the draft advertisements and materials prior to publishing. RECOMMENDATION Direct staff to proceed with the scheduled public engagement meetings and advertising materials as proposed. BACKGROUND / D ISCUSSION Council has given approval for staff to begin the final round of public engagement for the new planning documents,originating from the reVISION plan review process. Staff have now prepared a draft Newsletter to be circulated to all mailing addresses within the Municipality. A copy of the draft newsletter is attached as Appendix A. The last page of the newsletter includes a schedule of all the up coming public meetings.Council gave direction that staff hold two public meetings per district,to provide opportunities for members of the public to view the new documents and ask questions. These dates have been tentatively booked at the respective locations but have not yet been advertised. Appendix B is the proposed advertising template which will be used for newspaper advertisements as well as printed posters.Advertisements will be placed in local newspapers and community flyers/bulletins where possible. Staff will also place posters at various locations in each district to advertise upcoming sessions. Each scheduled public meeting is composed of two parts. The afternoon session will be an Open House style, where members of the public may drop in and speak with staff one -on-one. Information on the new documents will be available through discussions with staff, printed REPORT TO:Tammy Wilson, CAO SUBMITTED BY:Garth Sturtevant,Planner DATE:March 1, 2018 SUBJECT:Public Engagement Schedule –Plan Review ORIGIN:Council request 2 Request for Decision display materials (ie. Maps/posters) and in the form of “one-pager” handouts which will provide information on a specific zone or concept from the Land Use By -law (ie. Farm Animals, Lakefront Overlay). The second, evening session of each meeting will be organized as a Town Hall style meeting where members of the public can speak and ask questions of staff in a group setting. IMPLICATIONS Policy Council is acting on [existing]Municipal Planning Strategy Policy 4.0.6:“This Municipal Planning Strategy and any subsequent amendments shall be reviewed as required by the Municipal Government Act, when requested by the Minister of Services Nova Scotia and Municipal Relations, or when deemed advisable by Municipal Council, but in any case not later than ten (10) years from the date of its coming into force and effect.” Financial/Budgetary The following is the budget for the engagement program: # of Sessions $ Per Session Total Cost 3rd round of Engagement Venue Rental 14 150 $2,100 Refreshments 14 125 $1,750 Advertising $2,000 Copying/Printing $2,100 825 $11,550 In addition, we will incur costs for Mileage and staff time. The venue rental varies from on location to another but we have allowed $150 per venue as an average cost. There are funds for this in the Plan Review Budget. Some costs will occur this fiscal y ear, but most will occur in the 2018/19 budget year so this will be reflected in the Operating Budget. The cost for the special newsletter is approximately $1500 -$1800. This could be reduced,if logistically, we are able to coordinate delivery with the Mu nicipal Insight newsletter. Environmental N/A Strategic Plan Goal #5: “The Municipality will continually reinforce the positive image of the Municipality through leadership in public engagement and communications” Work Program Implications Several CDD staff to host each meeting. Support from other departments to assist with organization and facilitation would be beneficial (i.e. Mapping Support) 3 Request for Decision OPTIONS 1.Direct staff to proceed with the scheduled public engagement meetings and advertising materials as proposed. 2.Direct staff to consider alternative options for public engagement meetings and/or advertising materials. ATTACHMENTS APPENDIX A -Draft Newsletter APPENDIX B -Advertising/Poster Template ϴ ƌĞs/^/KE—DƵŶŝĐŝƉĂůWůĂŶZĞǀŝĞǁhƉĚĂƚĞ Can’t make it to one of our Open Houses? Reach out another way! ( Call us! 902-275-2599 Ӄ Email Us! revision@chester.ca ^ Visit Us! 186 Central Street, Chester þ Check our Website! chester.ca/revision Monday, April 9 EAST RIVER UNION HALL Thursday, April 12 HUBBARDS FIRE HALL Monday, April 16 ROYAL CANADIAN LEGION Chester Wednesday, April 18 CHESTER BASIN FIRE HALL Monday, April 23 ROYAL CANADIAN LEGION Western Shore Wednesday, April 25 NEW ROSS FIRE HALL Monday, April 30 BONNY LEA FARM Afternoon: Boardroom Evening: Gym Thursday, May 3 BLANDFORD COMMUNITY CENTRE Monday, May 7 HUBBARDS FIRE HALL Wednesday, May 9 CHESTER BASIN FIRE HALL Monday, May 14 LITTLE RED SCHOOL HOUSE CANAAN Wednesday, May 17 ROYAL CANADIAN LEGION Western Shore Wednesday, May 23 ROYAL CANADIAN LEGION Chester Monday, May 28 NEW ROSS FIRE HALL OPEN HOUSES All Open Houses run from 2:00 p.m. until 4:00 p.m., and from 6:00 p.m. until 8:00 p.m., with a special “Question and Answer” public meeting from 7:00 to 8:00 p.m. What do you need from me? Whether you agree or disagree with the changes that are being proposed, we need to hear from you! The communities that make up our Municipality are all different. We need to know if you agree with the changes proposed for your community. So come to one of our Open Houses, check out our online consultation at www.chester.ca/revision, or give us a call or email to let us know your thoughts. +s zJhY ]zϜ After almost three years of public consultation, committee meetings, writ- ing and re-writing, the Mu- nicipality has prepared drafts of two new docu- ments: the Municipal Plan- ning Strategy and the Land Use By-law — which will shape the way that our communities grow over the next 20 years. These docu- ments have policies dealing with the environment, the economy, heritage and community character, hous- ing, and social and physical health. Zoning is one tool used to achieve the out- comes detailed in the Mu- nicipal Planning Strategy. Zones determine what can be built where, and what the approval process is for cer- tain types of development. All areas of the Municipality will see some change to zoning rules. This newsletter will cover the process that was followed to create these new documents, give an overview of the new rules, what it means for our com- munities, and discuss what comes next in the reVISION process. Municipal Council has not yet decided whether to approve these new docu- ments, or to send them back to the drawing board. There are still many opportunities for you to tell us whether or not you agree with the new documents. Council will use your input to decide what hap- pens next, so please read on to find out how you can be involved in the process! ZONING CHANGES IN YOUR COMMUNITY View the drafts of the new Municipal Planning Strategy and Land Use By-law at www.chester.ca/revision or pick up a copy from the Municipal Office at 186 Central Street in Chester. Câ°ͲͰͱ͸hßí Ϯ ƌĞs/^/KE—DƵŶŝĐŝƉĂůWůĂŶZĞǀŝĞǁhƉĚĂƚĞ A Municipal Planning Strategy, or MPS for short, is a document that sets out the vision of the community. It describes our goals for fu- ture growth and develop- ment, and what we should do to shape that growth and development. A Land Use By-law provides the rules that will achieve the vision set out in the MPS. For example, the MPS may have a policy that says a certain area should have low density, residential development only. Based on that policy, the LUB creates a zone which would specify how many residential units can be built on a lot, what type of houses are permit- ted, and how far you have to set your house back from the property line. reVISION is the Mu- nicipality’s name for the process of re-writing these documents. The current documents came into effect in 1997 and have been amended many times. Our communities and the con- cerns of residents have changed in the past 20 years, and we need to make sure the development rules we have are still relevant. Our Goals Our Community Goals are to realize a Municipality that ¨ safeguards its natural environment, ¨ celebrates its character and heritage, ¨ builds a strong economy, and ¨ offers appropriate housing choices. Who decided what should be in these documents? The intent of reVISION has been to create a new set of planning documents through the direct involve- ment and participation of you, the public. Up to this point, we’ve held two rounds of public consultation, with meetings taking place in each district. Based on what the public told us at these meet- ings, staff have written the current drafts of the Munici- pal Planning Strategy and the Land Use By-law. The drafts of these documents were reviewed by the Citizens Planning Advi- sory Committee, a group of citizens representing each ;ŽŶƟŶƵĞĚŽŶƉĂŐĞϯͿ What is an MPS and LUB? DĂƌĐŚ͕ϮϬϭϴ ϳ How can I participate? Throughout the reVISION process, your input has directed how staff and the Citizens Plan- ning Advisory Committee created these doc- uments. Now that we have a full draft of both documents written, we want to your in- put and comments. We have several ways to view the new documents, and to see what the changes are for your property or your community. Whether you agree or disagree with the changes, it is important that we hear from you. Council wants to adopt new plan- ning documents that are supported by the public, and the only way they can do that is by hearing what you have to say. There are different ways to do this: 1. Open Houses: We will host Open Hous- es throughout the Municipality where you can drop in at your convenience during the day, view the new documents and digital mapping, and speak to staff to find out what the changes mean for you. Open Houses will be followed by evening “Question and Answer” public meetings. 2. Online Consultation: At www.chester.ca/revision, we have infor- mation about the new planning docu- ments and options to submit feedback. 3. Call, Email, or Drop in: If you can’t make it to our Open Houses, or you still have questions or comments, you can call, email, or drop by our office. For full con- tact information see back page. Our mapping can show you what your zoning is today, and what your zoning is proposed to be under the new Land Use By-law. Our staff can tell you what these changes mean for your property. ϲ ƌĞs/^/KE—DƵŶŝĐŝƉĂůWůĂŶZĞǀŝĞǁhƉĚĂƚĞ Planning Myths MYTH: My property is now being zoned, when it never was before. Actually, all land within the Municipality has had zoning since 2004, when the General Basic Zone was im- plemented. This zone was created to regulate intensive land uses that could disrupt the rural character or harm the environment, while leav- ing low impact residential, commercial, and light indus- trial land uses unregulated. The zone was applied to all areas in the Municipality not covered by more restrictive zoning. The new Land use By -law continues to do this with the General Basic Zone, this time with an added ap- proval process required for some land uses that may be disruptive. MYTH: There hasn’t been any public consultation. Public consultation started in 2015, with meet- ings in each district to find out about issues you think are important, and to discuss community goals. There were also meetings on topics like housing, the economy, the environment, and recreation. In 2016, we held meet- ings in each district to talk about planning areas – the different communities that make up the Municipality, and what land uses are de- sired there. Based on what we heard, we proposed new zones. Now, we’re returning for our third round of public consultation by bringing the draft documents back to you. MYTH: Changing my zon- ing is going to make my property taxes go up! The Municipality sets the tax rates, but does not determine how individual properties are valued or taxed. That is done by the Property Valuation Services Corporation (PVSC). Your property value changes because of changes to the real estate market in your area, or any renovation or new construction that you undertake. Whether you pay the residential or commercial tax rate is based on the actu- al use of your property — not the potential uses that the zoning allows for. Chang- es to the zoning will not im- pact your tax rate. DĂƌĐŚ͕ϮϬϭϴ ϯ district. After we complete the final round of public consul- tation in the coming few weeks, it will be Municipal Council that decides whether to approve the new documents, or direct staff to make changes. Council is committed to adopting new planning documents that residents and other property owners think are right for their community. In order to achieve this, Council needs your input and comments. This is why the final round of public consultation is so important. We’re holding Open House meetings across the Municipality. You can drop in to any advertised meet- ing location at your conven- ience and find out how the plan and by-law affect you, and you can participate in “town hall” discussions later in the evenings. We’ll also have special meetings for youth and businesses to en- sure everyone has a chance to have their say. Do the new rules re- flect how you want to see your community grow, and protect what makes your community special? Or do you just want to talk to someone about what this will mean for you and your property? In any case, we need to hear from you. Read on for information about how to be involved, and when meetings will be taking place in your area! ;ŽŶƟŶƵĞĚĨƌŽŵƉĂŐĞϮͿ Public meeting held at Chester Legion drew a large crowd. /HɢɡIDȪɏLɢɄɏGʝɚɢɪɸɗDʔȾȭɏ Not everyone agrees on what their community should look like in the future. We often hear conflicting things. Some people want to see changes, while others do not. Wherever possible, we have tried to find the balance between opposing views. Where this was not pos- sible, we have tried to do what we thought the majority of the public wanted. You may think that some of the proposed changes go too far. Or, you may think they don’t go far enough. When reading through these new documents, remember that we all live in diverse communities, and the changes you want to see might conflict with what the rest of the community wants. We can’t give everyone what they want, but we can try to do what is in the best interest of the community as a whole. ϰ ƌĞs/^/KE—DƵŶŝĐŝƉĂůWůĂŶZĞǀŝĞǁhƉĚĂƚĞ While the reVISION project is a complete re- write of our municipal plan- ning documents, there are some highlights that may be of the most interest to resi- dents. Changes to General Basic The General Basic zone will see some changes to the permitting process for some potentially disrup- tive uses, such as campgrounds, fur farming, recycling depots, asphalt p l a n t s , a b a t t o i r s (slaughterhouses), salvage yards, and other high- impact land uses. While all of these uses continue to be permitted in this area, they would become subject to an approval process to ensure certain environmental con- siderations and property line setbacks are met. Introduction of “Settlement” zones in areas where growth is anticipated In areas close to Highway 3, a new set of zones has been created in response to higher develop- ment pressure. With the Provincial Government’s re- cent announcement of twinning Highway 103 from Tantallon to Hubbards, the potential for development in this area is further in- creased. The new Settlement Zones balance the rural character of the area with the desire to prevent large, potentially disruptive land uses from being built close to residences. The Settlement zones range from restrictive resi- dential-only zones to quite permissive mixed-use zones. In these zones, low-impact uses, such as residential us- es or small commercial uses, have a minimal approval process, while uses that have the most potential to be disruptive have a more intensive approval process and more stringent require- ments, such as setbacks from property lines. Heavy Industrial Uses are prohibited in the Settle- ment zones. New Hamlet Zone Certain rural centres in the Municipality have been designated as Hamlets — areas that are more densely developed, and have a concentration of businesses that serve the surrounding rural communi- ties. The areas identified as Hamlets are the centres of Western Shore, Chester Ba- sin, Hubbards, and New Ross. In the Hamlet Zone, emphasis is on residential, commercial, and institution- al uses. There are allowanc- es for some light industrial uses, with conditions to en- sure they do not impact the quality of life of surrounding residential and commercial properties. ;ŽŶƟŶƵĞĚŽŶƉĂŐĞϱͿ What are the changes under the new plan? DĂƌĐŚ͕ϮϬϭϴ ϱ The Hamlets are zoned General Basic under the current Land Use By-law, and the new Hamlet Zone will bring greater certainty to property owners about what can be built in their community. Environmental Considera- tions for all Zones There are some new provisions designed to pro- tect the environment in the entire Municipality, regard- less of zoning. In response to con- cerns about the impact of development on the water quality of our lakes, the new Land Use By-law introduces a “Lakefront Overlay”. Es- sentially, this means that all development near a lake will now require a development permit and must be set back from the water’s edge. In some cases for moderate to large developments, proper- ty owners will be required to maintain vegetation along the water’s edge. The pur- pose of these new require- ments is to safeguard water quality in our lakes. ;ŽŶƟŶƵĞĚĨƌŽŵƉĂŐĞϰͿ Due to the differences between the desired level of land use control in the Vil- lage of Chester and the rest of the Municipality, the Vil- lage has its own Secondary Planning Strategy and Land Use By-law. These documents are also being reviewed as part of reVI- SION, but the documents do not yet have a full draft. The most significant change for Chester Village under the draft Municipal Planning Strategy is changing the Planning Area Boundary to match the Vil- lage Boundary. When the Village Plan was originally created, there was no Mu- nicipal Planning Strategy for the Municipality, so areas just outside the Village were included in the Village Plan- ning Area. Now that all are- as of the Municipality are covered by a Planning Strat- egy, the different bounda- ries for the Village and the Planning Area are no longer needed. Changing the Plan- ning Area Boundary to match the Village Boundary means that some properties that are currently zoned un- der the Village Land Use By- law will now fall under the Municipal Land Use By-law. Many of these properties are rural in nature, and the land uses are more compati- ble with the vision of the Municipal Planning Strategy. Reviewing the Sec- ondary Planning Strategy and Land Use By-law for Chester Village is the next phase of reVISION. The first two rounds of public con- sultation have been com- pleted for Chester Village, and work on these docu- What about Chester Village? ZONING CHANGES IN THE MUNICIPALITY OF CHESTER Zoning controls what can be built where. If you live in the Municipality of Chester, this affects you. We rewrote our Municipal Land Use By-Law and Planning Strategy based on three years of public consultation, and are presenting it to you for comment before it is presented to Council for approval. Join us at one or all of our one-on-one Open Houses, followed by Town Hall meetings to have these questions, or any others you might have, answered: • Is my property in a zoned area? Which one? • What does that mean for me? • Will this stop me from growing my business? • What types of zones are there? • Can I have a copy of the Strategy and By-Law? • I support this, should I tell someone? • I think more work should be done. Who should I talk to? Be informed and be open about the things you want or don’t want in your community. Join us. <dates/locations> Can’t come to a meeting? Reach out another way... Call Email Visit Browse 902-275-2599 | revision@chester.ca | 186 Central St, Chester | www.chester.ca @  Highlights  5-Year Review Approach  5-Year Review Results  Revisions to the Indicators  Revisions to the Thresholds Update on the 5-year review and revisions to the Indicators. Financial Condition Indicators Financial Condition Indicator 5-Year Review The Department of Municipal Affairs made a commitment that after five years the Financial Condition Indicators (FCIs) would be reviewed with the goal of providing suggestions for improvements in order to enhance the effectiveness and reliability of the indicators. A collaborative review was conducted by the Municipal Indicator Committee (MIC). The review drew on expert knowledge of current and emerging practices. During the review, MIC worked closely with municipalities through participation on the committee, surveys and focus sessions. The Review Results The review noted high satisfaction with the majority of the indicators. As a result, revisions to the 15 indicators were kept to a minimum. Any revisions or development of new measures was focused on addressing areas of concern heard by MIC. Revisions to the Indicators Due to high satisfaction, revisions were kept to a minimum. Revisions consist of: •removal of Commercial Property Assessment indicator; •replacing the 5-Year Capital Purchases and 5-Year Contributions indicators with a Combined Reserve indicator; •changes to the Outstanding Debt indicator to align with outstanding operating borrowing limits per the Municipal Government Act; and •a minor inclusion of recoveries to Debt Service indicator. Revisions to the Thresholds Revisions were made to the thresholds to address the concerns heard by MIC. Revisions consist of: •implementation of a more risk-based approach that is now aligned with other jurisdictions' approaches; •no longer using averages as basis for a yellow indicator. A yellow indicator now indicates a medium risk and does not fluctuate from year to year; and •ensuring indicators’ thresholds are consistent with other jurisdictions’ thresholds., where appropriate. The next page provides detailed information and threshold for the 13 financial condition indicators - 1 Financial Condition Indicators Indicator Calculation Thresholds 3-year Change in Tax Base Indicator: This indicator measures how a municipality’s tax base keeps pace with inflation. (Current Uniform Assessment – Uniform Assessment 3rd Prior Year) ÷Uniform Assessment 3rd Prior Year Low Risk = Equal or Greater than CPI Mod Risk = Less than CPI High Risk = Negative Growth Reliance on a Single Business or Institution Indicator: This indicator speaks to the municipality’s reliance on one employer for a significant portion of their tax base. Over reliance on any source of revenue can represent a vulnerability. Taxable assessment value of the largest business or institution ÷ Uniform Assessment Low Risk = less than 10% Mod Risk = 10% - 15% High Risk = greater than 15% Reliance on Government Transfers Indicator: This indicator speaks to municipality’s reliance on transfers from other government(s). Total government transfers ÷ Total revenue Low Risk = less than 15% Mod Risk = 15% - 20% High Risk = greater than 20% Uncollected Taxes Indicator: This indicator speaks to a municipality’s success in collecting revenues owed. Failure to collect taxes can significantly impact actual revenue, cash flow, and thereby could hinder their ability to provide services (sustainability). Uncollected taxes ÷ Total taxes billed in current fiscal year Low Risk = less than 10% Mod Risk = 10% - 15% High Risk = greater than 15% Residential Tax Effort Indicator: Residential tax effort is the average property tax burden per household in the municipality. This indicator speaks to the municipality’s flexibility to increase taxes if additional revenue is required. (Total residential tax revenue ÷ Total dwelling units) ÷ Median household income Low Risk = less than 4% Mod Risk = 4% - 6% High Risk = greater than 6% Budget Accuracy Indicator: This indicator speaks to the municipality’s success at projecting the revenue required to maintain a balanced operating budget. (Budgeted expenditures – Actual expenditures) ÷ Budgeted expenditures Low Risk = All budgets within +/- 5% of actuals in the last 5 years Mod Risk = One budget not within the +/- 5% of actuals in the last 5 years High Risk = Two or more budgets not within the +/- 5% of actuals in the last 5 years Deficits in the Last 5 Years Indicator: This indicator speaks to the number of deficits a municipality experienced in the last 5 years. A high number of deficits may indicate a municipality is struggling to meet services. If there is a deficit, further investigation would be required to determine the size and cause of the deficit. Number of non-consolidated operating deficits in the last 5 years Low Risk = None in the last 5 years Mod Risk = One or more in the last 5 years High Risk = One or more in the last two years with one material (0.5% of total operating expenses) Liquidity Indicator: This indicator speaks to if the municipality has enough cash to pay bills as they come due. This indicator can highlight any cash flow problems or signal concerns in other areas such as potential revenue collection. Total short term operating assets ÷ Total short term operating liabilities Low Risk = Greater than 1.5 Mod Risk = 1 – 1.5 High Risk = Less than 1 2 Indicator Calculation Thresholds Operating Reserves Indicator: this indicator speaks to if the municipality is setting aside funds to address unforeseen circumstances. Total operating reserve fund balance ÷ Total operating expenditures Low Risk = Greater than 20% Mod Risk = 10% - 20% High Risk = Less than 10% Debt Services Indicator: This indicator speaks to how much of municipal revenue is going towards paying off your debt. Principal and interest paid on long term debt ÷ Total own source revenue including recoveries received from municipal loan programs Low Risk = Less than 10% Mod Risk = 10% - 15% High Risk = Greater than 15% Outstanding Operating Debt Indicator: This measure calculates the municipality’s borrowing limit per the MGA Section 84. (Total operating long-term debt + operating bank overdraft + short-term borrowing) ÷ (last year’s Assessment Revenue + Grants in lieu + condition and unconditional transfers) Low Risk = Less than 25% Mod Risk = 25% - 50% High Risk = Greater than 50% Undepreciated Assets Indicator: This indicator speaks to the age of the municipality’s existing capital assets (in relation to useful life). Total net book value of capital assets ÷ Total gross cost of capital assets (including work in progress) Low Risk = More than 50% Mod Risk = 35% - 50% High Risk = Less than 35% Combined Reserve: This indicator speaks to if the municipality is investing enough to keep pace with the aging of existing assets, and unforeseen circumstances. Total reserve including discretionary reserves ÷ Total operating expenditures + amortization expense Low Risk = More than 40% Mod Risk = 30% - 40% High Risk = Less than 30% 3 CONFIDENTIAL DRAFTFinancial Condition Indicators 4 Year TrendUpdated:Mun NameReporting YearClassRedYellowGreenReliance on Government TransfersUncollected TaxesThree-Year Change in Tax BaseReliance on Single Business/ InstitutionResidential Tax EffortDeficits in the Last 5 Years# of Budget Accuracy not within + or - 5%LiquidityOperating Reserves**Debt ServiceOutstanding Operating DebtUndepreciated AssetsCombined Op & Cap Reserves**Chester 2014 Rural 0 2 9 2.5% 8.0% 12.8% 0.4% 3.1% 0 2.2 53.7% 10.4% N/A 46.0% N/AChester 2015 Rural 0 2 9 1.8% 8.7% 13.6% 0.3% 3.3% 1 3.7 71.6% 9.8% N/A 45.1% N/AChester 2016 Rural 1 2 8 2.5% 7.9% 10.7% 0.3% 3.4% 2 4.9 94.5% 11.0% N/A 42.5% N/AChester2017Rural 1 2 10 1.3% 9.2% 9.1% 0.3% 3.2% 3 6.2 66.9% 11.8% 0.0% 38.9% 65.9%15 to 20% 10% to 15%Less than actual change in CPI 10 to 15% 4 to 6%1 or more ①1 1 to 1.5 10 to 20% 10 to 15% 25 to 50% 35 to 50% 30 to 40%Greater than 20% Greater than 15%Negative Growth Greater than 15%Greater than 6%1 or more ②Greater than 1 Less than 1 Less than 10% Greater than 15% Greater than 50% Less than 35% Less than 30%① Yellow if one or more deficits in the last 5 years.② Red if one or more in the last 2 years with one material (0.5% of Total Operating Expenses) deficit.* For comparative purposes, we have revised your 2014, 2015 and 2016 indicators to reflect the new risk thresholds. ** Please note the result may not reflect an impact of PSAB related liabilities*** that are recorded only in the consolidated financial statements.*** The PSAB related liabilities may include but not limitted to Pension Liabilities, Landfill Closure and Post Closure Liabities, or Deferred Gas Tax Revenue.NEW - Yellow Threshold - Same for all municipal unitsNEW - Red Threshold - Same for all municipal unitsRevised*Tuesday, February 13, 2018