Financial Plan for 2010-2014 Bylaw

CITY OF LANGFORD 
BYLAW NO. 1276 
A BYLAW TO ADOPT A FINANCIAL PLAN FOR 2010 -2014 
WHEREAS under the Community Charter the municipality must have a financial plan 
adopted by bylaw before the annual property tax bylaw is adopted; and 
WHEREAS under the Community Charter the Council may provide a revitalization tax 
exemption for a property in an area designated for that purpose in the annual financial 
plan or the official community plan, and may establish a revitalization tax exemption 
program; 
NOW THEREFORE the Council of the City of Langford, in open meeting assembled, 
enacts as follows: 
1. Schedule "A" attached hereto and forming part of this bylaw comprises the City of 
Langford Five Year Financial Plan for 2010 - 2014 (PART 1)". 
2. Schedules "B" and "C" attached hereto and forming part of this bylaw comprise 
the City of Langford Tax Exemption Program. 
3. This bylaw may be cited for all purposes as "City of Langford 2010-2014 
Financial Plan Bylaw No. 1276, 2010. 
i 

Schedule 
"A" 
Bylaw No. 1276 
CITY OF LANGFORD FIVE YEAR FINANCIAL PLAN (PART 1) 
(i) Financial Plan 2010-2014 
2010 
2011 
2012 
2013 
2014 
REVENUES: 
Municipal Property Taxes 
18,242,150 
20,944,306 
22,615,918 
24,907,596 
26,356,661 
Specified Area Parcel Taxes 
1,368,700 
1,368,400 
1,755,600 
1,340,200 
1,710,200 
Fees and Charges 
1,612,800 
1,759,750 
1,800,050 
1,981,450 
2,124,550 
Other Sources 
32,286,900 
13,348,300 
4,227,470 
5,436,917 
4,805,859 
Transfer From Surplus 
315,000 
125,000 
125,000 
125,000 
125,000 
Transfers From Reserves 
3,810,600 
2,419,700 
2,692,900 
2,580,300 
2,132,100 
Transfer From Development Cost Charges 
2,851,700 
4,493,600 
2,719,000 
2,990,000 
2,334,300 
Proceeds From Borrowing 
8,222,900 
500,000 
800,000 
669,900 
897,900 
Proceeds From Borrowing 
68,710,750 
44,959,056 
36,735,938 
40,031,363 
40,486,570 
EXPENSES: 
Operating and Other 
21,759,150 
23,706,656 
24,169,738 
25,044,163 
25,977,070 
Principal and Interest on Debt 
2,660,600 
3,139,700 
3,573,200 
3,158,900 
4,095,800 
Capital 
42,878,700 
16,446,500 
6,382,000 
8,517,300 
5,072,700 
Transfers to Reserve Accounts 
0 
0 
0 
0 
0 
Transfers to Reserve Funds 
1,412,300 
1,666,200 
2,611,000 
3,311,000 
5,341,000 
68,710,750 
44,959,056 
36,735,938 
40,031,363 
40,486,570 

(ii) Revenue and Property Tax Policy Disclosure 
(a) Revenue Proportions 
2010 
2011 
2012 
2011 
2014 
($'000s) 
% 
($'000s) 
% 
($'000s) 
% 
($'000s) 
% 
($'000s) 
% 
Property Taxes 
18,242 
27% 
20,944 
46% 
22,616 
61% 
24,908 
62% 
26,357 
65% 
Parcel Charges 
1,369 
2% 
1,368 
3% 
1,756 
5% 
1,340 
3% 
1,710 
4% 
Fees 
2,100 
3% 
1,760 
4% 
1,800 
5% 
1,981 
5% 
2,125 
5% 
Other Sources 
31,800 
46% 
13,348 
30% 
4,227 
12% 
5,437 
14% 
4,806 
12% 
Transfers From Surplus 
& Reserves 
4,125 
6% 
2,545 
6% 
2,818 
8% 
2,705 
7% 
2,257 
6% 
Development Cost 
Charges 
2,852 
4% 
4,494 
10% 
2,719 
7% 
2,990 
7% 
2,334 
6% 
Proceeds From 
Borrowing 
8,223 
12% 
500 
1% 
800 
2% 
670 
2% 
898 
2% 
Borrowing 
68,711 
100% 
44,959 
100% 
36,736 
100% 
40,031 
100% 
40,487 
100% 
Other Sources includes grants from other governments and agencies, development contributions to capital, interest and penalties 
and miscellaneous sales of services. 
Objectives and Policies 
Property tax revenue is the City's primary revenue source, and one which is heavily reliant on the residential 
class. Diversification of the tax base and generation of non-tax revenue are ongoing objectives. Except in 
extraordinary circumstances, tax increases are kept to cost of living or less. 
(b) Property Tax Distribution 
2010 tax rates have not yet been set as the assessment roll has not yet been finalized. For information, the 
2009 distribution is presented. The 2010 property tax distribution will be updated in a financial plan 
amendment once final assessments and tax rates are known. 
Property Class 
Taxation Revenue 
Net Taxable Assessed 
Value 
Tax 
Rate 
($'000s) 
% 
($"000s) 
% 
($/1000) 
1. Residential 
9,381 
58.3% 
4,064,077 
81.46% 
2.3082 
2. Utility 
37 
0.2% 
2,162 
0.04% 
17.0808 
5. Light Industry 
63 
0.4% 
8,021 
0.16% 
7.8480 
6. Business/Other 
6,568 
40.8% 
900,502 
18.05% 
7.2939 
7. Managed Forest 
-
0.0% 
101 
0.00% 
2.3082 
8. Rec./Non-Profit 
41 
0.3% 
13,895 
0.28% 
2.9314 
9. Farm 
0.0% 
142 
0.00% 
2.3082 
16,090 
4.988,900 

(iii) Permissive Tax Exemptions 
Council has established the following policy with respect to permissive tax exemptions: 
POLICY NO. 1970-10 
Requests for Permissive Tax Exemptions 
1. Total permissive tax exemptions granted to all organizations under section 224 of the 
Community Charter will be limited to a total of 1/2 of 1 % of total municipal property taxes. 
2. That section 341 (k) property exemptions for religious organizations will be limited to; 
i) land directly surrounding the Church; 
ii) land for Church parking; 
iii) Church Halls (if available to the general public for rental) 
iv) Church schools (unless used for private daycare or other profit making ventures); 
and 
v) Church cemeteries. 
Exemptions will not be considered for vacant land held for future development and 
residential property occupied by church members or otherwise rented out. 
Applications for permissive tax exemptions must be received by August 31st of each year, 
and must include a general statement of activities, a description of the membership or 
population serviced by the group or Association, and include a most recent financial 
statement to demonstrate financial need. 

Schedule " B " 
Bylaw No. 1276 
CITY OF LANGFORD FIVE YEAR FINANCIAL PLAN (PART 2) 
REVITALIZATION AREAS 
Areas zoned to permit hotel or motel development in the Langford Zoning Bylaw, 1999 
as amended from time to time are designated pursuant to s.226(2) of the Community 
Charter for the purpose of encouraging the revitalization of the City and in particular the 
development of commercial hotel or motel facilities. 
REASONS FOR DESIGNATION 
The development of nearby hotel or motel rooms for visitors to the Langford area is seen 
as a critical component of the revitalization of the City's district commercial and town 
centre commercial areas. Hotel and motel uses are currently permitted in several zones, 
including the C3 District Commercial and C8 Town Centre Pedestrian Commercial 
zones, and the Council has amended the zoning bylaw to permit hotel uses in the 
Olympic View and Bear Mountain comprehensive development zones as well. 
The Official Community Plan encourages the development of the town centre with 
housing, employment, and shopping opportunities in close proximity to each other. 
Expanding the potential customer base for town centre businesses beyond the local 
residential population, to include hotel or motel guests visiting the area for leisure, 
sporting and recreation events, will stabilize established businesses and create 
opportunities for additional businesses to be established; each of these effects will in 
turn have beneficial effects on other existing businesses. Because there are potential 
locations for hotels and motels in several areas of the municipality, and hotel and motel 
guests in all these areas will use town centre commercial facilities, all zones in which 
hotels and motels are a permitted use are designated for potential revitalization tax 
exemptions. 
OBJECTIVES OF DESIGNATION 
The objectives of designating areas for revitalization tax exemptions are: 
• 
To stimulate and reinforce development initiatives in the town centre commercial 
area by stimulating investment in hotel and motel room development wherever in 
Langford such uses are permitted 
• 
To encourage tourist accommodation development close to destination recreation 
facilities 
• 
To reinforce the municipality's "open for business" approach and attract high quality 
development to the area 

Schedule "C" 
Bylaw No. 1276 
CITY OF LANGFORD FIVE YEAR FINANCIAL PLAN (PART 3) 
REVITALIZATION TAX EXEMPTION PROGRAM 
1. Hotel and motel development on land in revitalization areas designated in the 
City's financial plan and classified as Class 6 under the Assessment 
Act, in 
respect of which a building permit is issued in 2004 pursuant to a building permit 
for one or more hotel or motel buildings as defined in the City's zoning bylaw, is 
eligible for a revitalization property tax exemption and is referred to in this 
document as "eligible hotel development". 
2. Eligible hotel development must be valued at a minimum of $1.5 million on the 
building permit application, and have a minimum of 60 rooms. 
3. Eligible hotel development does not include any portion of a hotel or motel 
building used for retail sales or bar, lounge or restaurant uses, meeting rooms, 
fitness and recreation facilities, or the alteration of an existing building to provide 
hotel or motel accommodation. 
4. The maximum exemption provided to an eligible property in any year may not 
exceed the increase in the assessed value of land and eligible improvements 
between the year before the construction of the hotel or motel began and the 
year in which a tax exemption certificate is issued. 
5. Subject to section 4, the maximum amount of exemption that may be provided is 
the full amount of property value taxes imposed under s.197(1 )(a) of the 
Community 
Charter for general municipal requirements, in respect of the 
assessed value of the building or buildings comprising the eligible hotel 
development. 
6. An exemption under this program does not affect the owner' s liability for 
municipal utility user fees or parcel taxes or taxation imposed by other 
government or public bodies and collected by the City, including taxation under 
the School Act. 
7. The maximum term of an exemption under this program is five years. 
8. Persons wishing to apply for a tax exemption under this program must make 
application to the City Treasurer for a revitalization tax exemption certificate 
under s.226 of the Community Charter on or before August 31 in the year prior to 
the first year in respect of which a tax exemption is sought. The application must 
include sufficient information to enable the Treasurer to determine that the 
development in question is eligible hotel development. 
9. The Council may require an applicant to enter into a revitalization tax exemption 
agreement with the City under s.226(6) of the Community Charter, which may 
include provisions requiring the applicant or the applicant's successor in title to 
pay to the City property taxes that would have been payable but for the 
exemption, if the owner breaches any condition on the basis of which a tax 
exemption certificate was issued, and a covenant under s.219 of the Land Title 
Act in favour of the City requiring the owner to use the land in accordance with 
the certificate and the agreement. 
10. Hotel properties for which a tax exemption is provided may be strata titled or 
otherwise subdivided, provided that each strata lot or unit is subject to a 
covenant under s.219 of the Land Title Act requiring the strata lot or unit to be 
included in a bona fide rental pool or hotel management agreement and, when 
not occupied by its owner the unit will be available to members of the general 
public for short-term occupancy for at least 182 days per calendar year, for at 
least the term of the tax exemption. 
11. Motel properties for which a tax exemption is provided may not be strata titled or 
otherwise subdivided, and each motel unit must be available to members of the 
general public for short-term occupancy under a hotel management agreement 
for at least 182 days a year at all times for at least the term of the tax exemption.