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

Services for your tax dollars

2023 budget highlights

This year, budget priorities include:

enhanced services for residents
ensure community safety and wellbeing
improve communications
responsibly manage municipal assets

Some budget highlights include:

$9.2 million to road and sidewalk renewal projects
$680,000 to enhance and improve our parks and trails
replacement of bunker gear and a new fire rescue vehicle
$2 million to investments in water and wastewater utilities

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:

Financial statements

View the Township's annual financial statements: