{"id":6537,"date":"2026-01-24T15:01:41","date_gmt":"2026-01-24T20:01:41","guid":{"rendered":"https:\/\/thisiswilmot.ca\/?page_id=6537"},"modified":"2026-01-24T15:01:41","modified_gmt":"2026-01-24T20:01:41","slug":"analysis-of-the-operating-budget-and-non-taxation-revenues-with-2-6-million-fire-truck","status":"publish","type":"page","link":"https:\/\/thisiswilmot.ca\/?page_id=6537","title":{"rendered":"Analysis of the Operating Budget and Non-taxation Revenues (with $2.6 million fire truck)"},"content":{"rendered":"
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OPERATING<\/u><\/b><\/span> BUDGET\/Non-Tax Revenues <\/span>Page7vs.Pages 21\u201337 Data<\/u><\/b><\/span><\/h3>\n

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NOTE: Water & wastewater have been removed as they should be included in a separate “Utilities” budget which balances out. See white line of data immediately above the green line of totals. Wilmot’s does balance out except for $1 deficit > typo? Careless error?<\/p>\n

$ Amounts as taken from public document pages 21 – 37 re. operations $ on page 7 are different > <\/b>2026 Budget Snapshot<\/b><\/span><\/p>\n<\/div>\n

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Expenditures <\/u><\/b>= $ OUT<\/u><\/b><\/span><\/p>\n<\/div>\n

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Total operating<\/b> expenditure: $18,940,813<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>[See Excel doc re. actuals – 8th column]<\/span><\/h5>\n<\/div>\n
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Total capital<\/b> expenditures: $14,218,435<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>[See Excel doc re. actuals on Capitals’ spreadsheet below]<\/span><\/h5>\n<\/div>\n
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Reserve contributions: $1,500,000<\/span><\/p>\n<\/div>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total $ OUT<\/b>\u00a0\u00a0\u00a0\u00a0 $34,659,248<\/strong><\/span><\/h5>\n<\/div>\n
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\n<\/div>\n

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Revenues<\/u><\/b> = $ IN<\/u><\/b><\/span><\/p>\n<\/div>\n

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Township tax levy: $15,830,040\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9.7 %<\/b><\/span> increase over 2025<\/span><\/p>\n<\/div>\n

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Non-taxation revenues: $4,506,969<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>[See Excel doc re. actuals – 11th column]<\/b><\/span><\/h5>\n<\/div>\n
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(Grants, user fees, etc.)<\/span><\/p>\n<\/div>\n

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Debt financing: $4,865,381<\/span><\/p>\n<\/div>\n

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Assessment growth: $119,771<\/span><\/p>\n<\/div>\n

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(0.83% growth projected by MPAC)<\/span><\/p>\n<\/div>\n

\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total $ IN<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $25,322,161<\/strong><\/span><\/h5>\n<\/div>\n
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\n<\/div>\n

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Expenditures vs Revenues<\/u><\/b> =\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 ($9,337,087)<\/span><\/span><\/h5>\n<\/div>\n
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[To balance the budget, as tabled with adjustments to capital expenditures, operations expenditures, and operations revenue, an increase of $9,337,087 in the Township\u2019s tabled tax levy is required. The total levy required to balance the budget as adjusted for capital and operating expenditures and operations revenue is $25,167,127<\/b><\/span>.<\/span><\/h5>\n<\/div>\n
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Expenditures <\/u><\/b>= $ OUT<\/u><\/b><\/span><\/p>\n<\/div>\n

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Total operating expenditures: $18,940,813<\/span><\/p>\n<\/div>\n

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Total capital expenditures: $14,218,435<\/span><\/p>\n<\/div>\n

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Reserve contributions: $1,500,000<\/span><\/p>\n<\/div>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total $ OUT<\/b>\u00a0\u00a0\u00a0\u00a0 $34,659,248<\/b><\/span><\/h4>\n<\/div>\n
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\n<\/div>\n

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Revenues<\/u><\/b> = $ IN<\/u><\/b><\/span><\/h5>\n<\/div>\n
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Township tax levy: $25,167,127<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15.42 %<\/b> increase over 2025<\/span><\/p>\n<\/div>\n

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Non-taxation revenues: $4,506,969<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>[As adjusted down \/Excel]<\/span><\/p>\n<\/div>\n

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(Grants, user fees, etc.)<\/span><\/p>\n<\/div>\n

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Debt financing: $4,865,381<\/span><\/p>\n<\/div>\n

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Assessment growth: $119,771<\/span><\/p>\n<\/div>\n

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(0.83% growth projected by MPAC)<\/span><\/p>\n<\/div>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total $ IN<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $34,659,248<\/b><\/span><\/h4>\n<\/div>\n
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Expenditures and Revenues \u201cBALANCE\u201d with these calculations.<\/b><\/span><\/p>\n<\/div>\n

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\u00a0<\/b><\/span><\/p>\n<\/div>\n

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To balance the budget, an increase in the tabled Township tax levy, of $9,337,087<\/span><\/strong> is required. The total levy required to balance the tabled budget is $25,167,127<\/b><\/span>.<\/span><\/p>\n<\/div>\n

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\n<\/div>\n

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This represents an actual tax revenue levy increase requirement of 15.42 % (Household impact = $367.22 increase over 2025 – with caveat on page 7)<\/span><\/b>, using the Township\u2019s tabled budget numbers in Appendix A, and pages 7 and 21-37 of the tabled 2026 Budget<\/i>.<\/span><\/p>\n

\"\"<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

OPERATING BUDGET\/Non-Tax Revenues Page7vs.Pages 21\u201337 Data NOTE: Water & wastewater have been removed as they should be included in a separate “Utilities” budget which balances out. See white line of data immediately above the green line of totals. Wilmot’s does balance out except for $1 deficit > typo? Careless error? […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":6504,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6537","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/pages\/6537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6537"}],"version-history":[{"count":1,"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/pages\/6537\/revisions"}],"predecessor-version":[{"id":6538,"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/pages\/6537\/revisions\/6538"}],"up":[{"embeddable":true,"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=\/wp\/v2\/pages\/6504"}],"wp:attachment":[{"href":"https:\/\/thisiswilmot.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}