Stouffville Approves 2025 Operating and Capital Budgets
The Town of Stouffville is pleased to announce the approval of the 2025 operating and capital budgets. With a focus on citizen-centric improvements and long-term sustainability, the budgets not only address immediate needs but also paves the way for transformative, capital initiatives.
The 2025 budget includes a 2.69% operating tax levy increase, with an additional 2% allocated for capital asset requirements and 1% specifically for the Main Street reconstruction project.
In 2025, the Town will invest $31 million in its capital program, focusing on key priorities such as infrastructure upgrades, equipment acquisitions, and essential studies.
For the second time, Stouffville's budgets were presented under ‘Strong Mayor Powers’; the authority vested in Mayor Iain Lovatt by the Province of Ontario in October 2023. In accordance with the responsibilities outlined in Part VI.1 of the Municipal Act, 2001, Mayor Lovatt 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.
“Budget 2025 captures the Town’s strategic priorities and provides a roadmap for investments that will shape our future,” said Mayor Iain Lovatt. “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% maintains Stouffville position as the 7th lowest tax rate in the entire Greater Toronto Hamilton Area.”
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%. Therefore, a property owner with an assessment of $800,000, will have a total estimated annual increase in their property taxes of $248.
This budget includes funding for eighteen full-time positions with several offsets to ensure the tax levy impact is minimal or fully funded with no additional cost to taxpayers. These 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.
Capital highlights of the budget include:
- $9,750,000 for the construction of Fire Station 5-2 Ballantrae.
- $2,246,000 for the construction of Tenth Line South Park (McKean Drive & Yakefarm Boulevard).
- $2,000,000 for the reconstruction of Winona Drive.
- $1,500,000 for Civic Square revitalization.
- $1,000,000 for the design of the Leisure Centre pool expansion.
The 2025 operating and capital budgets, and other supporting documents, are available online at townofws.ca/budget