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26
October
2011

JBMH EXPANSION

 

The proposed expansion of the Joseph Brant memorial Hospital will cost a total of $312 million.  In October, JBMH officially asked the City of Burlington to support the expansion with a $60 million city contribution.  This is in addition to $60 million of fundraising that will be done for a total 'local share' of $120 million.

At the December 8, the Chamber and Burlington Economic Development Corporation presented a joint delegation to the City of Burlington Budget and Strategic Planning meeting (the complete delegation can be found on the Chamber website).  The thrust of the delegation was to express support for the city investing in the proposed Joseph Brant Memorial Hospital expansion.  The delegation went further in making a series of recommendations that the city should follow regarding its investment in the project.  Some of these recommendations include:

- identifying the type and range of services to be offered at the hospital

- exploring a range of funding options in an effort to minimize the tax impact

- establishing performance measures and benchmarks for hospital care

- making the hospital a centre for innovation and research with respect to teaching and technology commercialization

The B&SP committee voted unanimously to support the $60 million 'ask' from the hospital.  On Monday, December 14, City Council also unanimously approved the motion.  The details of how the $60 million will be raised are still to be determined.

In simple terms, if the $60 million is raised through a tax levy that is spread over 10 years, the tax impact each year per $100,000 current value assessment will be:

 Residential

$19.18

1.78%

 Commercial

$29.74

1.13%

 Industrial

$45.27

1.19%

Both the Chamber and BEDC have offered to work closely with the city and JBMH to ensure Burlington receives the type of facility and level of health care it needs.

Categories: Hot Topics

26
October
2011

BURLINGTON PERFORMING ARTS CENTRE

 

 Building

Location

Locust & Elgin streets (downtown)

Size

53,500 square feet

Main theatre - 718 seats

Studio Theatre - 225 seats

By comparison:

 - Theatre Aquarius: 750 seats plus a   studio theatre

 - Oakville Centre for Perf Arts: 485 seats

Features

Family lobby for receptions & exhibitions

Outdoor public plaza

 

 Costs

Total Capital Cost

$36,200,000

Included Ancillary Cost

$3,500,000 (for both street beautification and LEED certification)

Yearly Net Operating Cost

$500,000 (est)

By comparison other city operating costs:

 - Waterfront = $420,000

 - Public skating = $268,000

 - Swimming = $567,000

 - Arenas = $438,000

Burlington Property Tax Impact: Residential

0.9% increase on Burlington property tax

(about .38% increase on total property tax)

Burlington Property Tax Impact: Commercial

1.5% increase on Burlington property tax(about .35% increase on total property tax)

Burlington Property Tax Impact: Industrial

2.4% increase on Burlington property tax(about .60% increase on total property tax)

 Burlington property taxes make up about 38 percent of the residential total property tax bill.
 Burlington property taxes make up about 23 percent of the commercial total property tax bill.
 Burlington property taxes make up about 25 percent of the industrial total property tax bill.
 
 
 Proposed Funding 

Federal

$4,000,000 ($2.5million confirmed)

Provincial

$4,000,000 

Private donations

$10,000,000 ($9.2million confirmed)

City 

$18,000,000

($6,000,000 of this to be funded from Burlington Hydro dividends)

 
 
 Benefits

Economic Impact
(annual)

$7,000,000 direct

  (includes $4M at PAC and $3M at other)

$5,000,000 indirect

Construction Jobs

240 person-years (direct)

100 person-years (indirect) 

Economic Development

Increased ability to attract corporations

Increased Community Profile

Provides a place in which the creative energies in the city can be developed

Tourism

Estimated 25% of visitors from out of town

 
 

Chamber Survey on the Performing Arts Centre

In March 2008 the Chamber surveyed its members to determine their views about the Burlington Performing Arts Centre.  The results of this survey were used by the Chamber to develop a policy recomendation.

Total Reponses:  273

Survey conducted March 4 to March 7, 2008

 

Please state how much you agree with the following:

As a Burlington business-person:

Strongly
Disagree

Disagree

Neutral

Agree

Strongly
Agree

I support the construction of the PAC as planned

22.4%

12.7%

11.6%

23.6%

29.7%

The tax impact of the PAC is reasonable

18.2%

22.5%

17.4%

26.4%

15.5%

Having a PAC is important to Burlington's development as a world class city

17.5%

10.1%

12.1%

23.0%

37.4%

The benefits of the PAC justify the costs

21.4%

15.2%

19.5%

19.1%

24.9%

The city has other spending priorities that are more important than the PAC

4.6%

15.8%

28.6%

20.8%

30.1%

I want a PAC in Burlington but at a lower cost

19.1%

17.5%

33.9%

19.8%

9.7%

 

 

Click here to see the survey open comments

Click here to see the Chamber's policy recommendation on the Performing Arts Centre

Categories: Hot Topics