It is the Township's responsibility to prepare a budget that meets the needs of the community and ensures that all of our initiatives and priorities are addressed.
2024 Budget |
Staff are pleased to present the 2024 Draft Budget for consideration by Council. This budget supports the strategic goals approved by Council in 2023 and addresses pressures related to growth and an increasing demand for services. The 2024 Draft Budget will be considered by council on December 7 and 8 (if needed), in council chambers located at 1 MacDonald Square. |
2023 Budget |
The 2023 Budget reflects a responsible approach to managing inflationary costs municipalities are facing this year. The budget was developed with a strong focus on continuing to fund amenities our residents rely on daily, delivering services effectively and efficiently, investing in our infrastructure, and supporting growth. The approved 2023 Budget has a 3.53% increase in Township taxation, which equals an additional $46 per year on the average assessed home in Centre Wellington. The 2023 budget includes a $35.1 million tax supported operating budget, a $35.4 million capital budget, and a $14.2 million water and wastewater operating budget. The 2023 budget focused on planning ahead and being fiscally responsible despite challenges with unprecedented inflation.
Key investment priorities
For more information on the 2023 Budget, please visit www.connectcw.ca |
2022 Budget |
The approved 2022 Budget has a tax rate increase 2.16 per cent, which translates to an increase of $27 on the annual tax bill for the average residential property assessed at $381,095
Read the full media release here. |
2021 Budget |
The approved 2021 Budget with a 1.33% increase in taxation represents a balance between meeting the needs of our growing community and the challenges of a global public health pandemic. A residential property in Centre Wellington assessed at $381,095 (2021 value) will pay an additional $15 in 2021 as a result of the Township’s budget.
Read the full media release here. |
2020 Budget |
The approved 2020 Budget tax increase is 2.7% ($30) plus an increase to the Bridge Rebuilding Capital Levy equal to 2% ($22) for a total tax increase of 4.7% ($52) on the average assessment for a residential property of $377,425. Since introducing the 2% Bridge Rebuilding Capital Levy in 2014, the Township remains on track to build/rebuild 21 bridges in only 8 years. Council also approved a new OLG Funding Allocation Policy which set direction for these funds to be used in the year following receipt. It also outlined that;
2020 Capital Project highlights include:
Missed 2020 Budget deliberations? View staff's presentation here. Read the full media release here. |
2019 Budget |
Council has approved the 2019 Operating and Capital budgets, investing in the services that reflect the priorities of our residents and the future of Centre Wellington. The 2019 proposed tax increase is 2.05% ($21.29) plus an increase to the bridge rebuilding levy equal to 2% ($20.76) for a total tax increase of 4.05% ($42.05) on the average assessment for a residential property of $372,746.
For the first time, the Township provided a 3-year operating forecast as part of the budget process. This forecast provided a high-level look at the Township’s anticipated tax-supported operating needs to 2021.
2019 budget highlights:
As the Township grows and extends current levels of service to these new areas, there will be a need for staffing levels to increase. The following positions were approved in the 2019 budget; 6 Volunteer Firefighters, a part-time Customer Service Representative, a Legislated Services Coordinator and a part time Digital Media Associate for Elora Fergus Tourism. The 2019 Budget also includes an investment of over $1.2M for our Rural Roads Rebuilding Program which enables the Township for add approximately 56,800 tonnes of maintenance gravel to 30% (64 km) of the Township’s gravel road network in addition to rebuilding the Eramosa/West Garafraxa Townline from Wellington Road 26 to Sixth Line.
The 2% bridge rebuilding levy has helped to rehabilitate or reconstruct 9 bridges in the last term of Council and is projected to rehabilitate or reconstruct 12 additional bridges in this term of Council (2018-2022). In addition the planning and approval process for these bridges is funded from the capital levy. In 2019 the following bridges will be reconstructed or rehabilitated at an estimated costs of $2.17 million;
Township of Centre Wellington 2019 Budget Document View staff's 2019 budget presentation to council. For a visual depiction of some of the key 2019 Township Projects please view our 2019 Budget Story Map |
Do you know where your tax dollars go? |
The Township collects the taxes for the County of Wellington and the Province of Ontario (Education Taxes). They are broken down in the following way:
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Historical Budget Documents (Past 5 Years) |
Township of Centre Wellington 2018 Budget Document Township of Centre Wellington 2017 Budget Document Township of Centre Wellington 2016 Budget Document |
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