Stouffville approves operating, capital budgets
The Town of Stouffville has approved its 2025 operating and capital budgets.
The budgets include a 2.69 per cent operating tax levy increase, with an additional two per cent allocated for capital asset requirements and one per cent specifically for the Main Street reconstruction project.
In 2025, the Town will invest $31 million in its capital program. Highlights include $9.75 million for the construction of Fire Station 5-2 Ballantrae; $2.246 million for the construction of Tenth Line South Park at McKean Drive and Yakefarm Boulevard; $2 million for the reconstruction of Winona Drive; $1.5 million for Civic Square revitalization; and $1 million for the design of the Leisure Centre pool expansion.
The budget includes funding for 18 full-time positions with several offsets to ensure the tax levy impact is minimal or fully funded with no additional cost to taxpayers. Those positions will allow the Town to enhance service levels across multiple service areas, including road maintenance, development services, emergency response, traffic management, events and community engagement, and more.
When the Town’s tax levy increase is combined with the Region of York’s tax rate and the Province of Ontario’s Educational Property Tax rate, the estimated blended property tax increase for a resident of Stouffville is 3.86 per cent. A property owner with an assessment of $800,000 will therefore have a total estimated annual increase in their property taxes of $248.
“Budget 2025 captures the Town’s strategic priorities and provides a roadmap for investments that will shape our future,” Mayor Iain Lovatt says. “Council and staff are unwavering in our commitment to deliver value for our taxpayers, and I am pleased that our blended tax rate increase of 3.86 per cent maintains Stouffville position as the seventh lowest tax rate in the entire Greater Toronto Hamilton Area.”
For the second time, Stouffville’s budgets were presented under Strong Mayor Powers, the authority vested in Lovatt by the provincial government October 2023. In accordance with the responsibilities outlined in Part VI.1 of the Municipal Act, 2001, the mayor tabled the budget on November 6 and presented it to Council for consideration. The budget was adopted on November 28 as no amendments were brought forward by Council.
Visit townofws.ca/budget to view the 2025 operating and capital budgets and supporting documents.