What is a Municipal Budget?
As per the Municipal Act, Ontario municipalities are required to prepare an annual budget that is adopted by Council. The budgeting process allows municipalities to prioritize projects, programs, and service levels based on anticipated revenue and expenses. A municipality’s annual budget routinely consists of 2 components:
- the operating budget which plans for day-to-day expenditures such as garbage removal, snow removal, road maintenance, and fire services
- the capital budget which plans for the purchase or financing of assets, or improvement of existing infrastructure such as building and upgrading our municipal buildings, roads, and equipment.
Budget Information |
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The 2023 Municipal Budget includes a 3.3% increase in dollar to dollar over the 2022 Budget, which resulted in a 2.56% increase in the municipal tax rate (municipal tax rate x residential assessment = municipal portion of taxes). Some of the 2023 increases are due to increased Insurance costs, Professional Consulting Fees increases, and Computer Hardware and Software expenses.
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Budget Summary Documents |
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The 2023 summary budget information can be found below:
By Department: Building & By-Law Enforcement Budget Summary Conservation Authority Budget Summary Emergency Planning Budget Summary Fire Department Budget Summary General Government Budget Summary Health Department Budget Summary Parks and Recreation Budget Summary Planning & Zoning Budget Summary Police Services Budget Summary Roads Department Budget Summary Waste Department Budget Summary
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Capital Program & Project Funding |
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The majority of capital projects are funded by annual grants including the Ontario Municipal Partnership Funding (OMPF), the Canada Community Building Fund (Gas Tax), and the Annual Ontario Community Infrastructure Funding (OCIF).
The 2023 projects/items below are funded by one-time grants:
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Capital Program & Project Expenditures |
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The 2023 capital expenditures include the following: BuildingNo Building capital programs or projects at this time.
Fire
General Government
Parks & Recreation
Roads
Township Facilites
Waste |
For more information on financial matters, please email the Treasurer.
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