2024 Budget
The 2024 operating and capital budgets were approved by Council on February 1, 2024. The documents below represent the approved operating and capital budgets, and include all changes made by Council during budget deliberations.
Preparing the 2024 Draft Budget
Each year, the operating and capital budgets support growth, community well-being, and sustainable development. From snow plowing to new playgrounds and road paving, these services are made possible by your tax dollars.
2024 Budget Key Dates
Stay informed on the Town of Midland's budget process.
Budget Engagement Survey
September 1, 2023 to October 10, 2023 - Survey ran from September 1 to October 10. Thank you to everyone who responded and provided input. Results will be included on the Draft Budget Binder.
Draft 2024 Budget Presentation at Council
December 6, 2023 - The Draft 2024 Budget Presentation will take place at the Regular Council meeting.
Draft Budget released to the Public
December 11, 2023 - The 2024 Draft Budget will be posted on the Town website for public view.
Public and Council Q&A Period
December 13, 2023 to January 19, 2024 - Your opportunity to review the budget and ask questions.
Draft Budget Public Meeting
January 17, 2024 - Attend or watch the public meeting, and provide comments to Council.
Council Budget Deliberations and Adoption
January 30 - February 1, 2024 - Town Council meet with Staff to discuss and consider approval of the 2024 Draft Budget.
Agencies, Boards and Commissions Presentations
January 30 - February 1, 2024 - During Council Budget Deliberations, ABC's present budget requests to Council.
Budget Approval
February 1, 2024 - The 2024 Operating and Capital budgets were approved by Council.
Budget Breakdown by the Numbers
Proposed Tax Increase (from the executive summary)
Taxation, General Revenue and Council and Committees
Department Operating and Capital Programs
Digital Government and Service Innovation (Corporate Services)
Community and Growth
Environment and Infrastructure
Rate supported operating and capital program (water and wastewater)
Agencies, Boards and Commissions
Budget FAQ's
Who determines the property assessment value?
The Municipal Property Assessment Corporation (MPAC) determines the value of your property. For more information on your property assessment value, contact MPAC at 1-866-296-6722 or visit mpac.ca.
There are a number of factors that determine the tax rate, including County and Education rates, new assessment growth and the Town’s annual budget.
Property taxes are the primary source of funding for services and infrastructure. Other sources include grants, user fees and reserves.
Budget documents will outline a municipality's financial story and set spending targets for municipal programs, services and initiatives. The Budget is an important element for transparency and communication between Town and citizens.
The Operating Budget supports the Town plans for day-to-day operations, including salaries, utilities and supplies to perform Town services.
Capital Budget is where the Town plans for the future, identifies how to pay for integral infrastructure projects, addresses community need, as well as Council directions and goals.
What MPAC assessment cycle are we in?
The 2024 property assessment will continue to be based on fully phased-in January 1, 2016 values. Due to the Ontario government extending the postponement of a province-wide reassessment through the end of the 2021-2024 assessment cycle.
For more information on your property assessment value, contact MPAC at 1-866-296-6722 or visit mpac.ca
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Town of Midland
575 Dominion Avenue
Midland, ON L4R 1R2
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