The Town of Innisfil’s 2025/2026 budget was adopted at the Council Meeting on January 29, 2025.
The budget includes a blended property tax rate increase of 5.5 per cent in 2025 and 5.5 per cent in 2026.
"Council and staff worked hard to deliver a budget that is both fiscally responsible and sensitive to the financial challenges facing our community,” says Mayor Lynn Dollin. “While some economic impacts like inflation are outside our control, we’re focused on maximizing every efficiency to plan for growth and maintain the services that residents rely on every day. This budget is the result of countless hours of review, tough questions, and thoughtful planning to ensure it is fair and forward-looking for Innisfil residents.”
The approved budget equates to an annual increase in municipal taxes of $276.88 in 2025 and $292.29 in 2026 for the average household.
The Town’s operating budget, excluding Police, includes $40.7M (2025) and $44M (2026) for the delivery of day-to-day services to residents and businesses, and a Capital Levy of $13.8M (2025) and $16M (2026) for the repair and replacement of assets. The capital budget of $85M (2025) and $55.3M (2026) looks ahead to identify the funding needed to maintain and build town assets.
Key capital investments in the 2025/2026 budget include:
- Road rehabilitation program - $15M
- New park development – $9.9M
- Annual playground replacement and park redevelopment program – $2.6M
- Lakeside parks program – $4.3M
- Urbanization and intersection improvement of 6th Line (20th Sideroad to Angus Street) – $7.1M
- Drainage improvement program – $6.4M
- Stormwater pond clean-out and retrofit program – $3M
- Continued implementation of trail program – $1.2M
- Various initiatives to support the Innisfil Economic Development Strategic Plan - $415K
While property taxes are paid to the Town of Innisfil, only 50 per cent of every residential tax dollar stays with the Town to provide municipal programs and services. The remainder is allocated to the County of Simcoe (25 per cent), South Simcoe Police Service (13 per cent), and education through the Province of Ontario (12 per cent). Since the Town has limited influence over spending requests from these service partners, the town utilizes non-tax revenue sources such as permit and development fees, user fees, OLG revenue, and grants to lessen the tax burden on property owners.
Full budget information is available at innisfil.ca/budget.
