Township of Wilmot releases draft 2025 budget

The Township of Wilmot has released its draft 2025 budget, and it includes a significant one-time boost to capital infrastructure investments. The increase will fund critical projects like a new fire station in New Hamburg, upgrades to the road network, and improvements to the Wilmot Recreation Complex.

These capital investments will add $35 per month to the average homeowner’s tax bill. The increase will shore up the Township’s finances and bring the municipality closer to a sustainable level of annual funding.

The draft budget also includes a $3.85 per month increase to offset inflationary costs and a $9.50 per month increase to address funding and resource gaps within the Township’s operating budget. In total, the budget proposes a $48.35 per month ($580 per year) increase to the Township’s portion of the average homeowner’s tax bill.

“We see this budget as a turning point for the Township of Wilmot,” says Greg Clark, Acting CAO, Director of Corporate Services, CFO. “This one-time increase will ensure the organization can continue to maintain its facilities and provide high-quality services to residents now, and in the future.”

The draft budget is now in the hands of Council. The Township’s elected officials will have several opportunities to debate the budget at meetings planned for December and January.

“The budget process allows Council to thoroughly review and discuss the proposed increase,” says Clark. “It’s likely and expected that the numbers will change as Council determines its priorities for 2025.”

Members of the public can provide input on the budget by emailing budget@wilmot.ca, or by registering to delegate at the Public Delegation Night on January 7, 2025 at 7:00 p.m. Instructions for registering as a delegation are available at www.wilmot.ca/delegations.

A copy of the budget and schedule of upcoming budget meetings is available online www.wilmot.ca/budget. Questions about the budget can be sent to budget@wilmot.ca.

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For media inquiries:

Brett O’Reilly | Communications Specialist
brett.oreilly@wilmot.ca | 519-556-0039