Budget

Every year, the Municipality of Kincardine adopts a budget for operating and capital requirements. All budget meetings are open to the public and are advertised through our website and in local newspapers.

Operating

This budget covers the day-to-day operations of the Municipality and funds municipal services and programs like snow removal, fire protection services, by-law enforcement, economic development, road maintenance and repair, and parks and recreation programming.

Capital

This budget covers municipal projects related to new assets or rehabilitating existing ones, including roads, sewers, water infrastructure, parks, facilities, stormwater management infrastructure, equipment replacements, and more.

The 2024 Operating and Capital Budgets were approved by Council on March 6, 2024.

The Municipality of Kincardine tax levy of $23,521,496 is used to finance both the Operating and Capital budgets for 2024.

Budget Summary

Budget Item	2023	2024	Change	Change as a percentage
Expenditures	$36,815,915	$38,301,468	$1,485,553	4.0%
Non-Tax Revenue	$14,839,040	$14,779,972	($59,068)	(0.3%)
Raised by Annual Tax Rates	$21,976,875	$23,521,496	$1,544,621	7.0%

2023 and 2024 Household Taxes

Year	Average Household Property Assessment	Multiplied by	Tax Rate	Equals	Average Taxes	Change as a Percentage
2023	$275,000	X	0.01446546	=	$3,978.00
2024	$275,000	X	0.01531422	=	$4,211.41	5.87%

Budget Documents

Municipal Budget Guide

2025 Understanding Your Municipal Budget

Budget Reports

Operating and Capital Budgets

The Municipality of Kincardine
1475 Concession 5, R.R.
#5, Kincardine, ON N2Z 2X6
Phone: 519-396-3468
F.: 519-396-8288