Budget and Finances

The Municipality develops annual operating budgets to pay for a wide range of municipal services:

  • General Government - Finance, Clerks, Council, Elections
  • Protection Services - Fire, Police, Conservation Authority, Building Inspection, By-law Enforcement, Animal Control, Livestock Compensation, Fence Viewing.
  • Transportation Services - Roads Administration, Vehicle & Equipment, Construction, Street Lights.
  • Environmental Services - Newburgh - Camden East - Sheffield - Moscow Waste Landfill Disposal & Recycling
  • Recreational & Cultural Services - Parks, Programs, Recreational Centre, Community Halls.
  • Planning & Development - Minor Variances, Severances, Zoning, Plan of Subdivision/Condos.

The Municipality also prepares multi-year capital budgets which fund capital infrastructure replacement and renewal as determined by Council. 

The annual operating/capital budgets determines the revenues generated for property taxation which are then used to set final tax rates.

2026 Budget and Resources

The municipal budget is a vital policy and planning document that outlines the priorities for our community's services, programs, and infrastructure. Developing the annual budget requires balancing the often-competing needs of providing quality services our residents expect with what is financially sustainable.

The budget is categorized into two sections: the operations budget, which addresses daily services, and the capital budget, which invests in major infrastructure and long-term initiatives. 

The 2026 Draft Budget was presented to Council at a Committee of the Whole meeting on Monday, February 23, 2026 at 2:00 p.m.

At this meeting, staff presented the first draft budget and received comments from Council. Council directed staff to reduce the budget for conference attendance and training for members of Council and directed staff to bring the budget back to the Regular Council meeting scheduled for Monday, March 9, 2026 at 6:30 p.m. for consideration. This meeting is open to the public and will be held in Council Chambers located at 4504 County Road 4, and will be live streamed to the Township of Stone Mills YouTube Channel at https://www.youtube.com/channel/UCQwqm7ZJmpbvwTN5RYuRr4w

The budget meeting is available to view online here and the full agenda package for the Budget meeting can be viewed here.

First Draft budget

Second Draft Budget 
Written comments about the proposed budget may be submitted to the Treasurer by email at treasurer@stonemills.com, or delivered to the Municipal Office, 4504 County Road 4, Centreville.
Members of the public will also have an opportunity to address Council regarding the 2026 Draft Budget at the Regular Council Meeting of March 9, 2026 starting at 6:30 p.m. To request to speak at that meeting, please contact the Clerk at clerk@stonemills.com or call 613-378-2475 ext. 225 by 12:00 p.m. (noon) Wednesday, March 4, 2026.

Financial Statements

The Ministry of Municipal Affairs and Housing mandates a very detailed financial report which is available on the Ministry's website. The Financial Information Return provides a standardized reporting of a municipality’s financial activities in the previous fiscal year (January to December).

Section 294 (1) of the Municipal Act states that the treasurer of a municipality shall in each year provide the Minister with a return containing information designated by the Minister with respect to the financial affairs of the municipality. This takes the form of the annual Financial Information Return (FIR)

Strategic Asset Management Policy Stone Mills 2019

A strategic asset management policy formalizes the Township’s commitment to asset management, aligns its asset management actions with strategic goals and objectives, and provides direction to guide Council, management and staff in carrying out its business strategies, plans and activities. 

Asset Management Plan

The development of an asset management plan has been identified as a prerequisite for the receipt of funding from the Province of Ontario (the ‘Province’) under The Infrastructure for Jobs and Prosperity Act, 2015 (the “Act”). Ontario Regulation 588/17: Asset Management Planning for Municipal Infrastructure (O.Reg. 588/17), establishes the requirement for Ontario municipalities to adopt asset management plans for core infrastructure (roads, bridges, water and wastewater management) by July 1, 2022.  

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