Town Budget

Each year, the Finance Department leads the preparation of the annual budget for the Town. As part of the Strategic Plan to ensure long-term financial stability of the community, the Town is committed to community involvement and feedback throughout the budget process. 

On this page:
1. Budget Process and Key Dates
2. Budget Factors and Guidelines
3. How to Participate
4. Previous Budgets

Budget Process and Key Dates

Developing the annual budget involves several months of planning and coordination among Town Staff, Council, and stakeholders. This process involves extensive consultation with the public and ratepayers, ending with the development of a three-year operating budget and a five-year capital budget for the following year.

The Town’s budgeting goal is to ensure, through prudent fiscal planning, the long-term economic sustainability of the community.

2025 Town Budget Key Dates

On December 23, 2024, the Draft Budget and Draft Fees & Charges were posted to the Town website. 

Following the Committee of the Whole Budget Meetings on January 14, 2025, and January 17, 2025, a revised Draft Budget and Draft Fees & Charges were posted to the Town's website on January 23, 2025 as part of Staff Report CFS.25.006.

On January 28, 2025, the Updated Draft Town Budget was posted to the Town's website. The updated draft Town budget will be the subject of a Public Meeting on February 18, 2025, along with the draft Water and Wastewater Budget and the proposed Fees & Charges By-law. The Notice of Public Meeting was posted to the Town's website on January 27, 2025. 

Budget Factors and Guidelines

Resident, business and visitor demand for services and the community’s ability to pay for these services guide municipal spending. As infrastructure ages, funds must be committed for proper maintenance and refurbishment.

The Town recognizes that taxpayers are demanding value for their money. A balance must be achieved between demand for services and the taxpayers’ ability to pay for these services. The Town must ensure that services, programs, and facility commitments are sustainable now and in the future.

There are a number of factors that affect the preparation of the annual budget, including inflation, growth, development activity, economic trends, changing market conditions, taxation issues, and policy decisions of Council.

How to Participate

Council wants to hear from you. What Town services are important to you? What are your priorities and what would you like to see in our community? Provide your input and get involved in the budget process.

1. Attend an in-person meeting
A Public Meeting will be held following the posting of the updated draft budget, where you can speak directly to all of Council. Everyone is welcome.

2. Contact a member of Council
Council contact information can be found on the Council webpage.

3. Submit a letter or email
Correspondence can be sent to the Town Clerk. Contact the Town Clerk.

Previous Budgets

2013-2016 Town Budgets

The Town is committed to creating an accessible online environment and ensuring that its web documents are available to everyone by meeting the requirements of the Accessibility for Ontarians with Disabilities Act (AODA).

As the Town’s Approved Budgets between 2013 and 2016 do not meet AODA standards, the documents are not posted on the Town’s website. If you would like an electronic copy of any of these Approved Budgets, please contact the Finance Department.

For more information on the AODA and accessibility, please visit the Accessibility page.