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
Our annual budget helps us deliver services and infrastructure that people use every day. It also ensures we provide value for money and that your tax dollars are spent wisely.
Finance is responsible for the collection of property taxes, water and sewer billing, and other revenues. With a 3.9% increase in the blended tax rate for 2023, the average single-family home in Severn with an assessed value of $340,000* will pay an additional $115.58 this year, or a total of $3,080.
Where do my tax dollars go?
For every dollar that you pay in property taxes, 0.43 cents goes to the Township of Severn. The rest of the money goes to the County of Simcoe, local school boards (Simcoe Muskoka Catholic District School Board and the Simcoe County District School Board) 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
2023 budget highlights |
This year, budget priorities include:
Some budget highlights include:
Our capital budget includes the funds necessary to maintain and build facilities and infrastructure within the Township. View the 2023 capital budgets: |
Past budgets |
View the 2022 Budget and capital budgets:
View the 2021 Budget and capital budgets:
Contact us if you would like to view previous budget documents. |
Financial statements
View the Township's annual financial statements:
- 2022 Financial Statements
- 2021 Financial Statements
- 2020 Financial Statements
- 2019 Financial Statements
- 2018 Financial Statements
- 2017 Financial Statements
Contact us if you'd like to view the financial statements for previous years.