Budgets and Financials

The Town of Gravenhurst creates many documents to let you know how we spend your tax dollars.

Budgets

Each year, the Town creates an operating and a capital budget outlining the services and projects to be completed in the year. The budgets also set the tax rates for the year.

2023
Approved 2023 Operating Budget, Capital Budget and Multi-Year Plan Recommended 2023 Operating Budget, Capital Budget and Multi-Year Plan
2022
Recommended 2022 Operating Budget, Capital Budget and Multi-Year Plan Approved 2022 Operating Budget, Capital Budget and Multi-Year Plan Council Working Session, June 15, 2021 - Budget Background Presentation
2021
Recommended 2021 Operating Budget, Capital Budget and Multi-Year Plan Target and Timelines 2021 Budget - Target and Timelines Budget Primer
2020
Operating and Budget Presentation Recommended 2020 Operating Budget with 2020 Budget Presentation Approved 2020 Operating Budget - February 6, 2020 Capital Recommended 2020 Capital Budget and Multi-Year Plan
2019
Operating Recommended 2019 Operating Budget Approved 2019 Operating Budget - April 3, 2019 Capital Recommended 2019 Capital Budget & Multi-Year Plan Approved 2019 Capital Budget and Multi-Year Plan - March 7, 2019
2018
Approved 2018 Operating Budget – March 7, 2018 Approved 2018 Capital Budget and Multi-Year Plan – December 19, 2017 2018 Capital Budget and Multi-Year Plan Presentation – November 21, 2017
2017
Approved 2017 Operating Budget – March 7, 2017 2017 Operating Budget Presentation – February 15, 2017 Approved 2017 Capital Budget – December 13, 2016
2016
Approved 2016 Operating Budget – March 10, 2016 2016 Operating Budget Presentation - February 17, 2016 2016 Debenture and Internal Financing Summary Approved 2016 Capital Budget and Multi-Year Plan – November 20, 2015 2016 Capital Budget and Multi-Year Plan Presentation – October 20, 2015
2015
Approved 2015 Operating and Capital Budgets – March 27, 2015 2015 Operating and Capital Budget Presentation – February 17, 2015

Asset Management Plan

In 2017, the Town developed an asset management plan (AMP) to determine the state of our assets, like roads, bridges, buildings and sidewalks. The AMP, along with the other documents below, helps guide our budget development process to ensure our assets are replaced in a timely manner.

Asset Management Plan Compliance Report - July, 2022
Report to Council - March 21, 2017
Presentation to Council - March 21, 2017
2016 Roads Needs Study Report
2016 Desktop Facilities Assessment
2016 Bridge Inspection Study

Financial Reporting and Statements

The Town prepares a number of financial statements and reports outlining how your tax dollars were spent and comparing these results to the budget.

Quarterly variance reports

Annual financial statements
Annual financial information return (FIR)

Variance Reports

Throughout the year, the Town releases variance reports so that you know much money has been spent compared to what was budgeted.

2022
Third-quarter financial update Mid-year financial update First-quarter financial update
2021
Year-end operating report Year-end capital report and Attachment A Third-quarter financial update Mid-year financial update First-quarter financial update
2020
Year-end operating report Year-end capital report and Attachment A First-quarter financial update Mid-year financial update
2019
Year-end operating report Year-end capital report and capital project summary Third-quarter financial update and Attachment A Mid-year operating report and Attachment A Mid-year capital report and Attachment A First-quarter financial update
2018
Year-end operating report Year-end capital report and capital project summary Year-end reserve and reserve funds (including amended Attachment B) Mid-year operating report and strategic initiatives status Mid-year capital report and capital project summary
2017
Year-end operating report Year-end capital report and capital project summary
2016
Year-end operating report Year-end capital report and capital project summary

Financial Statements

Financial statements are documents verified by our external auditors that show the overall financial position of the Town.

2021
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements
2020
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements
2019
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements
2018
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements
2017
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements
2016
Consolidated Financial Report Cemetery Trust Fund Financial Statements Business Improvement Area Financial Statements

We also have past financial statements available for you to view.

Financial Information Return

As required by law, the Town submits an annual financial information return (FIR) to the Province of Ontario. The FIR is the province's main tool to collect information on municipalities within Ontario. You can find the Town's FIR for the current and past years on the province's website.