2025 - 2027 Budget

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Each year, the Township of South Stormont approves a Capital and Operating Budget that outlines the sources of revenues and expenditures for the coming year. In 2021, South Stormont shifted to implementing 3-year budgets that help to guide spending and streamline planning processes over multiple years. This year, budget preparations are centered around providing a budget for the years 2025-2027.

The Township of South Stormont values the input of all residents, business owners and stakeholders towards the critical decisions made on our annual budget. Many factors affect the Townships budget, and we continually balance necessary costs and priorities while maintaining

Each year, the Township of South Stormont approves a Capital and Operating Budget that outlines the sources of revenues and expenditures for the coming year. In 2021, South Stormont shifted to implementing 3-year budgets that help to guide spending and streamline planning processes over multiple years. This year, budget preparations are centered around providing a budget for the years 2025-2027.

The Township of South Stormont values the input of all residents, business owners and stakeholders towards the critical decisions made on our annual budget. Many factors affect the Townships budget, and we continually balance necessary costs and priorities while maintaining the service levels that our community expects.

Please take some time to review the background information provided on this engagement page and provide your input via the survey below to ensure that your input is heard!


Background: 2024 Budget


Where do my taxes go?

Services funded by your property tax bill is distributed amongst three agencies. The Township of South Stormont collects the taxes dedicated to the United Counties of SDG, the province (for distribution to school boards), as well as the Township itself. In 2024, approximately 45% of the property tax bills collected was distributed to the United Counties of SDG, while the Township of South Stormont retained approximately 40%, with the remainder distributed to the Province of Ontario.






Of the property taxes that were retained by the Township of South Stormont in 2024, Transportation Services - such as road and bridge work and winter maintenance, accounted for the largest expenditures, followed by Parks and Recreation services. The infographic and chart below demonstrates how much of each dollar collected through property taxes that is retained by the Township was distributed toward Township services.



ServiceShare of Each Tax Dollar Collected for the Township of South Stormont
Transportation Services28 cents
Parks and Recreation25 cents
Administration Services17 cents
Fire and Rescue Services9 cents
Facilities7 cents
Waste Management7 cents
Planning and Development3 cents
Building2 cents
Drainage1 cent
By-law and Animal Control1 cent


Revenue Sources

In 2024, taxation accounted for approximately 48% of the revenue generated by the Township of South Stormont. A number of other sources of revenue fund the remainder of the budget, including grants, user fees, reserves, investments and land sales.

The infographic below identifies each revenue source contributing to the 2024 budget, and their representative percentage.



Questions?

Do you have any burning questions about the budget or budget process? Drop them here and we will provide an answer to you!

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Page last updated: 21 Nov 2024, 12:10 PM