Budget
Funding for municipal programs and services, including the capital asset investments required to deliver the services, comes from a variety of sources.
The Municipality receives some program funding automatically from the Province and whenever possible, the applies for funding (grants) that is periodically released from the Province. Some services are supported in whole or in part by user fees, such as water, facility fees, or curbside collection via bag tags.
The Municipality earns interest revenues on deposits, enters into lease agreements, collects fines and penalties where applicable, and occasionally receives donation revenues. Anything that cannot be covered by one of these sources needs the support of property taxation. It is this residual requirement that makes up the net tax levy and net Municipal budget, and that is distributed across all property types in the form of the tax rate.
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