Budget

The 2025 General Operating & Capital Budget was passed by Council on March 4 2025.

• 2025 Municipal Budget
• 2025 Municipal Budget Summary & Presentation

To view budget documents from previous years, visit our Financial Reports page.

While budgets are published annually, their creation and implementation is a year round process.

Identify & Engage
Throughout the year, staff and the Treasurer identify items for budget consideration and consider such studies as the Township's Asset Management Plan, Building Condition Assessments, and Roads Needs Study.

Formulate
From September-December, and into January, the Treasurer meets with staff to plan for the year ahead, with input from Committees of Council, user groups, and Committee chairs. Long term capital plans are also consulted and projects are entered into budget documents for future consideration.

Review & Approval
In February, draft budgets are presented to Council for Municipal Operating & Capital, Water & Wastewater, and Curbside & Transfer Stations. In March, water service and wastewater service budgets are presented and approved ahead of the first quarterly billing of the year. In April, the municipal tax rate by-law is presented for approval based on the approved budget and upper tier tax rates.

The municipal budget process identifies the annual levy requirement, which is the amount required from taxation for the budget after all revenues, fees, service charges, grants, and fund transfers have been recorded.

The Treasurer calculates predicted revenues, and uses these to offset the spending in the budget. The remaining amounts are covered by a levy increase. There is also potential for a decrease or maintaining the current rate.

The Township pays an annual fee to the Ontario Provincial Police for use of their services. This fee is calculated per property - the Township divides the fee evenly across all properties/roll numbers in the Township.

The Township has obligatory and discretionary reserves, deferred reserves, and surplus accounts.

Generally, these funds are use for capital costs and funds are added annually to these funds. They can also be drawn from, with permission from Council, for emergencies.