Building Your Municipal Budget
In the Budget Workbook, the Administration team proposes a yearly financial plan for Council consideration and public review. In order to provide context and juxtaposition, the figures are presented alongside the previous year’s approved budget and actual dollars spent. Municipal Council then deliberates and has the opportunity to request changes based on community priorities. This budget building process supports the Municipality’s approach to collective fiscal responsibility.
Once the final Budget is approved, the Administration and Operation teams can move forward with effective service delivery and management of assets. The teams manage human resources efficiently and work closely with service partners within the district in an effort to best serve the community.
The Municipality’s goal is to maintain service levels while offering value for residents and ratepayers.
2023 Budget Drafts
Budget Workbook Feb. 28 (pdf)
Solid Waste Workbook Mar. 28 (pdf)
Water and Wastewater Workbook Mar. 28 (pdf)
2023 Budget Deliberations
For upcoming meetings see the Meeting and Agendas page.
- Expand All
- Close All
Assessment System
- All properties are assessed at current (market) value with a 4-year phase in of assessment increases
- Properties are assessed by the Municipal Property Assessment Corporation (MPAC)
- There are 8 standard classes of property
- Sub classes and optional classes exist
Property tax is a levy based on the assessed value of a property. The rates for the municipal portion of the tax are established by the Municipality.
- There are different tax rates for different classes of property
- The differences between these tax rates is the tax ratio
- The tax ratio is the ratio of the tax of a property class when compared to the tax rate of a residential property
- Tax ratios are set annually by Council, but limits are set by the province
Establishing Tax Rates
- The residential tax rate is determined by taking the levy and dividing it by the weighted assessment
- The weighted assessment is determined by taking the assessment of each property class and multiplying it by the tax ratios for each class
Basic Formula for Calculating Residential Tax Rate
Amount to be raised from taxation
%
Total taxable (weighted) assessment
= Tax Rate
2022 Budget Workbook
2022 Budget Reference Documents
2022 Solid Waste Budget
2022 Water and Wastewater Budget
The above documents are considered workbooks and don’t always reflect the actual figures approved by Council for that budget year. When possible, the most up-to-date documents will be added to this page.
2021 Approved Budget
2021 Capital Plan Budget
2021 Water and Wastewater Budget
2021 Solid Waste Budget
The above documents are considered workbooks and don’t always reflect the actual figures approved by Council for that budget year. When possible, the most up-to-date documents will be added to this page.
Related pages
Council meetings and budget deliberations are open to the public.
Watch live or recorded Council Meetings on the Municipal YouTube channel.
Learn about your taxes, property assessment and due dates.
