Budget
Every year, the Municipality of Kincardine adopts a budget for operating and capital requirements. All budget meetings are open to the public and are advertised through our website and in local newspapers.
Operating
This budget covers the day-to-day operations of the Municipality and funds municipal services and programs like snow removal, fire protection services, by-law enforcement, economic development, road maintenance and repair, and parks and recreation programming.
Capital
This budget covers municipal projects related to new assets or rehabilitating existing ones, including roads, sewers, water infrastructure, parks, facilities, stormwater management infrastructure, equipment replacements, and more.
The 2024 Operating and Capital Budgets were approved by Council on March 6, 2024.
The Municipality of Kincardine tax levy of $23,521,496 is used to finance both the Operating and Capital budgets for 2024.
Budget Summary
| Budget Item | 2023 | 2024 | Change | Change as a percentage |
| Expenditures | $36,815,915 | $38,301,468 | $1,485,553 | 4.0% |
| Non-Tax Revenue | $14,839,040 | $14,779,972 | ($59,068) | (0.3%) |
| Raised by Annual Tax Rates | $21,976,875 | $23,521,496 | $1,544,621 | 7.0% |
2023 and 2024 Household Taxes
| Year | Average Household Property Assessment | Multiplied by | Tax Rate | Equals | Average Taxes | Change as a Percentage |
| 2023 | $275,000 | X | 0.01446546 | = | $3,978.00 | |
| 2024 | $275,000 | X | 0.01531422 | = | $4,211.41 | 5.87% |
Budget Documents
- 2024 Operating and Capital Budget
- 2023 Operating and Capital Budget
- 2022 Operating and Capital Budget
- 2021 Operating and Capital Budget
- 2020 Operating and Capital Budget
- 2019 Operating and Capital Budget
- 2018 Operating and Capital Budget
- 2017 Operating and Capital Budget
- 2016 Operating and Capital Budget
Contact Us
The Municipality of Kincardine
1475 Concession 5, R.R.
#5, Kincardine, ON N2Z 2X6
Phone: 519-396-3468
F.: 519-396-8288
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