Budget and Finance

Budget and Finance

Every year, the Town adopts a budget for operating and capital requirements. The budget is a key tool for planning and setting the Town's priorities and service levels. Each year, the Town estimates its total expenses and subtracts the expected revenue to determine the funds that need to be raised through property taxes. This amount is then divided by the total property value in the area to calculate the property tax rate.

Operating:

This budget covers the day-to-day operations of the Town and funds municipal services and programs like snow removal, fire protection services, by-law enforcement, economic development, road maintenance and repair, and parks and recreation programming.

Capital:

This budget covers municipal projects related to new assets or rehabilitating existing ones, including roads, sewers, water infrastructure, parks, facilities, stormwater management infrastructure, equipment replacements, and more.

Budget Documents:

Financial Statements:

Audited Financial Statements are available upon request at Town Hall, at no cost to any taxpayer or resident of the Town of Goderich.