Budget and Financial Statements
Township of Severn is committed to financial transparency. As a result, we publish our annual budget and financial statements. Review the Township's Asset Management Plan to see how we are managing our assets now and in the future.
Budget
Explore our 2022 Budget. The new budget includes a 3.42% property tax rate increase that works out to approximately $98 for a single family home in Severn.
2022 budget highlights |
This year, budget priorities include:
Some budget highlights include:
Our capital budget include the funds necessary to maintain and build facilities and infrastructure within the Township. View the 2022 capital budgets: |
Past budgets |
View the 2021 Budget and capital budgets:
Contact us if you would like to view previous budget documents. |
Where do my tax dollars go?
For every dollar that you pay in property taxes, only 42 cents goes to the Township of Severn. The rest of the money goes to the County of Simcoe, local school boards and policing. We work to ensure that the portion of your taxes that goes to the Township is put toward important services and infrastructure that help keep our residents safe. Here are some examples:
- parks and recreation
- planning and development
- roads and bridge maintenance
- public library
- protection to persons and property
- general government operations
The chart below shows the services for tax dollars on an average home assessed at $340,000.
Financial statements
View the Township's annual financial statements:
Contact us if you'd like to view the financial statements for previous years.