Every year, the Township produces a municipal budget. The budget provides a plan that defines how resources are collected and allocated. The overall budget is comprised of two main components – the Operating Budget and the Capital Budget.
Every Township program and service is funded through the operating budget, which is designed to ensure the dependable delivery of a broad array of programs and services that residents rely on every day such as garbage collection, fire services, police services, libraries, planning services, recreation, community events and building services.
The Township’s asset acquisitions are funded through the Capital Budget. The bulk of that funding goes to maintaining and rehabilitating existing infrastructure such as roads, facilities, and vehicles as well as new capital projects determined by Committees and Council.
Preparing the Budget
The Township’s CAO and Treasurer are responsible for assisting departments in developing a draft budget every year. This process starts in the Fall and is completed by May annually. In February and March, Council holds special budget meetings to review and adjust the draft budget. When all the changes have been made, a public meeting is held to present the budget to the public, obtain input and answer questions. When the final budget has been approved and the amount of the levy to be raised is known, Council passes a tax rate bylaw that establishes the municipal portion of the property tax bill.
For copies of the Current and past Budget Presentations please CLICK HERE