View the draft 2019 Budget and Business Plan that was tabled during the Council Meeting on January 9, 2019. Staff scheduled three public Special Council Meetings to deliberate the budget with Council members on January 16, January 30 and February 4.
Budget Approval
Council approved the budget at the Council Meeting on February 20, 2019. Highlights include:
- A 1.93% increase on the Township portion of municipal property taxes in 2019
- A 1.76% blended tax increase when combined with the County of Simcoe’s tax increase of 2%, the education rate—which is assumed to remain neutral—and the increasing policing charge
- An impact of $67.18 increase over 2018 based on an average residential property valued at $451,393, or $14.88 per $100,000 of property assessment
- Expenditures of $40.7 million
- $20 million in operating expenses
- $16.6 million in capital expenditures
- $2.7 million for water operations
- $1.4 million for wastewater operations
For every tax dollar spent:
- $0.40 is retained by the Township of Springwater
- $0.34 goes to the County of Simcoe
- $0.20 goes towards Education
- $0.06 is allocated towards Policing
Tabling of the Budget - January 9, 2019
View the Staff Report and Draft 2019 Budget Presentation that went to Council on January 9, 2019.
Special Budget Meeting - January 16, 2019
View the presentation on January 16.
Special Budget Meeting - January 30, 2019
View the presentation on January 30.
Special Budget Meeting - February 4, 2019
View the presentation on February 4.