Council approves the Municipality of Central Elgin's budget on an annual basis. The annual budgets for the Municipality set out the projected revenue and expenditures for tax and user fee supported services including police, fire, water, wastewater, roads, parks, recreation, waste management, street lighting, and land use planning. Budgets are approved annually by Council.
Members of the public are encouraged to get involved in the budget process by:
- Sharing your input below using the Let's Talk Central Elgin platform when budget discussions are happening
- Reviewing the 2022 budget
- Watching livestreamed meetings on Central Elgin's Youtube page
What is a Capital Budget and Forecast? |
The Capital Budget allows us to plan for upcoming years. The Capital Budget consists of larger investments that help us prepare for our community's future growth. Examples of capital expenses may include:
We use a number of funding sources to carry out capital projects, although property tax funding is the most common. Existing infrastructure like roads, bridges, sidewalks, storm sewers, water mains, and recreational facilities continue to age and require capital spending for renewal and replacement. |
What is an Operating Budget? |
The operating budget provides funds for the day to day operations of the municipality including:
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2022 Budget
The Municipality budget totals $31.4 million:
- $25 million in operating expenses
- $6.4 million in capital expenditures
Reports |
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Budget Deliberations |
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Past Year Budgets |
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20212021 Water Wastewater Budget Report 2020Operating and Capital Services 2019Operating and Capital Services Environmental and Health Services 2018Operating and Capital Services
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Financial Statements
The consolidated financial statements reflect the assets, liabilities, revenues and expenses of the Municipality of Central Elgin.
The Municipal Act, 2001 requires that every municipality in Ontario prepare annual audited financial statements. For more details about requirements and understanding financial statements, please visit the Ministry of Municipal Affairs and Housing.
2020 Financial Statement |
View the 2020 Financial Statement. The report includes the following sections: Introduction
Financial Reports
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Past Reports |
Review the past financial reports for the Municipality of Central Elgin: |
User Fees
User fees help the Municipality keep the cost of property taxes down by making sure that services which only a few people choose to use are not paid for by everyone. Please visit the User Fee page for more detailed information on the present and past year fees.
Asset Management
Central Elgin's Asset Management Plan outlines the Municipality's asset management practices, state of the infrastructure, levels of service, and life cycle and funding plans.