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.

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.

In November 2025, Council approved the 2026 Budget.

It incorporates the following priorities:

  • maintain or enhance levels of service
  • ensure community safety and wellbeing
  • responsibly manage municipal assets 

View the Budget Presentation to learn more about Council's 2026 priorities.

Highlights

Although we only keep 46 cents of every property tax dollar collected, we work hard to ensure that money is spent wisely.

Keeping our community moving

An investment of $2.83 million in road renewal will improve sections of:

  • Bayou Road
  • New Brailey Line
  • Narrows Road
  • South Sparrow Lake Road
  • Uhthoff Line

Our Roads Needs Study continues to guide long-term planning and prioritization of road projects. Learn more on our Plans, Reports, and Studies page.

In addition, design work will be completed to explore options for improved function and performance on:

  • Burnside Line and Division Road
  • Goldstein Road
  • Hamilton Street
  • Menoke Beach Road
Enhancing community parks and spaces

Investment in Severn’s recreation assets continues with improvements that include:

  • a new disc golf course at Washago Centennial Park
  • new benches at Ian Chrichton Park
  • upgraded pathways in Marchmont and Ardtrea Parks
  • baseball diamond improvements at Coldwater Fairgrounds and Timberline Parks

A Master Plan for Bass Lake Woodlands Park is currently underway, with opportunities for public input planned for early 2026.

Protecting our residents and volunteers

Severn Fire and Emergency Services will invest $600,000 in a new fire pumper to replace an aging vehicle. This essential piece of equipment will transport both firefighters and water to emergency scenes and support critical firefighting operations.

An additional $128,000 will be invested to help ensure firefighters have the tools and protective gear they need to work safely and respond effectively during emergencies.

Delivering water and wastewater services you can rely on 

More than $550,000 will be invested in maintaining safe drinking water and strengthening Severn’s water and wastewater infrastructure. Following Council approval of the Servicing Master Plan in 2025, the project will move into the implementation phase, including detailed design, review, evaluation, and potential construction of water, wastewater, and stormwater infrastructure needed to support future growth.

Planning for the future

Delivering high-quality service remains a top priority for the Township. To ensure we can meet community needs now and into the future, $365,000 is being invested in modernizing our municipal services through digital solutions.

Capital budget

Our capital budget includes the funds necessary to maintain and build facilities and infrastructure within the Township.

View the 2026 capital budget sheets:

The Township’s 2026 Budget was approved with a 5.88% net tax increase over 2025 rates.

When combined with the County of Simcoe’s approved tax increase of 3.5%, a 1.95% increase to policing services, and a 0% increase in education rates, residents can expect to see a 3.92% blended tax increase on their 2026 property tax bill.

For an average home in Severn assessed at $340,000*, the approved blended rate amounts to a $130.24 increase over 2025 levels, or $10.85 per month, with a total tax bill of $3,455.68 in 2026. 

Services for your tax dollars

For every dollar that you pay in property taxes, 0.46 cents goes to the Township of Severn. The rest of the money goes to the County of Simcoe (0.32 cents), local school boards (Simcoe Muskoka Catholic District School Board and the Simcoe County District School Board) (0.15 cents combined) and policing (0.07 cents).

The 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.

Here are some examples:

  • parks and recreation
  • planning and development
  • roads and bridge maintenance
  • public library
  • protection to persons and property
  • general government operations

Past budgets

Financial statements

View the Township's annual financial statements:

Contact us if you'd like to view the financial statements for previous years.

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