Where the Tax Dollars Go

Two Town budget meetings open to the public are being held this week (Wednesday, Thursday), so it seems like a good time to provide a brief summary of where your tax dollars have been going. Your property taxes are split four ways to fund the County of Simcoe, the Town of Innisfil, the Board of Education and the South Simcoe Police Service.

County of Simcoe (28% of property tax bill)

Last year, the County took a little over a quarter (28%) of the total property tax bill. The 2012 County budget is $400.4 million. Of that amount, $142 million (35%) is derived from subsidies, about $102 million (25%) from the County levy, $7.3 from gas tax and $4 million from reserves:

County Program $ (millions) % of County Total
Social Assistance

93.8

23

Solid Waste Management

44.6

11

Roads

44.8

11

Long Term Care

39.3

10

Paramedics

37.2

9

Social Housing

32.2

8

Georgian Village (seniors)

31.5

8

“Other”

30.1

8

Children & Community Serv

22.6

6

General Municipal

21.3

5

Town of Innisfil (33% of property tax bill)

Last Year, the Town’s portion of the total property tax bill was 33% for the following programs (amounts are approximate) with a total budget of about $16 million:

Town Program $ (millions) % of Town Total
Roads

4.2

26

Public Library

2.7

17

Fire & Rescue

2.7

17

Parks & Recreation

2.1

13

Finance, IT, customer service

1.8

11

Engineering

0.3

2

Planning

0.3

2

The rest of the property tax bill is divided between the Board of Education (20%) and the Police Service (18%).

The average residential property in Innisfil has an assessed value of $270,618 according to budget documents.

Published previously: A Look at Innisfil’s Tax Pie (January, 2010)

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