Meaford Council officially approved the Municipality’s 2025 Budget during their April 7 Council meeting. The approved budget focuses on maintaining essential services, investing in infrastructure, and supporting long-term financial sustainability.
“This budget sets us up to take action on our strategic priorities,” said Mayor Ross Kentner. “With a new CAO now on board, we’re ready to move forward. Council, staff, and the community all played a big role in shaping this plan for the upcoming year. We remain committed to closing our infrastructure gap with our capital budget framework. This ensures a budget increase of 1% for roads, 1% for bridges and 0.5% for facilities.”
2025 Budget Highlights:
- Municipal tax rate increase: 6.86%
- Blended tax rate increase: 5.29% (includes municipal, county, and education taxes)
- Estimated impact on a home assessed at $273,000: approximately $214 annually or $18 monthly
- Note: the average assessed value of a home in Municipality of Meaford according to MPAC is approximately $273,000.
- Note: MPAC has not conducted a province-wide reassessment since 2016. While $273,000 is used as a sample value, actual impacts will vary depending on individual property assessments. For more information, on assessed home value visit MPAC: www.mpac.ca/en
- Capital investment of $16.47 million, including road improvements, facility upgrades, and infrastructure enhancements
- Ongoing commitment to long-term financial sustainability, with continued contributions to reserves and responsible debt management
The 2025 tax rate will be reflected on your 2025 Final Tax Bill, issued in two instalments: August and October. Residents are encouraged to review their statements carefully and contact the Municipality with any questions about property tax payments.
“Council and staff worked together to develop a budget that reflects community priorities while maintaining sound financial stewardship. Public input played a key role in the process, with engagement opportunities provided through a community budget survey and opportunities to provide feedback in person and via email,” said the municipality.
To view the full approved budget, visit meaford.ca/budget or contact budget@meaford.ca.
