Budget and Finance

Annual Budget

Perth County Council approves the annual operating and capital budgets each year adhering to the budget timetable goal to have the capital budget approved in January and operating approved in February of the year approved. Perth County prepares a 3-year operating budget and 10-year capital budget.

The operating budget covers the County's day-to-day operations, such as the plowing of roads in the winter, annual road repairs and delivering Paramedic Services to Perth County. The capital budget covers larger infrastructure projects, such as road resurfacing, vehicle replacements and computer equipment additions.

2023 Draft Budget

Click the image or links below to access the 2023 Draft Operating and Capital Budgets. County Council will meet in January and February to review and discuss the components of the budget.

2023 Budget Resource Links:

• 2023 Draft Operating and Capital Budgets (PDF)
• 2023 Budget Overview Presentation (PDF)

Property Tax

• Taxes - Provides more information about property assessment, tax rates and tax policy

Asset Management Plan

Perth County's Asset Management Plan is based on the guidelines provided in the Province of Ontario's Ministry of Infrastructure Building Together Guide for Municipal Asset Management Plans.  This strategic asset management plan is required to assist in the financial long-term planning and budgeting of the County on all County assets.

June 2019 Council approved Asset Management Policy as required by Ontario Regulation 588/17.  The policy can be viewed below along with the updated 2022 asset management plan for Perth County.

• County of Perth Asset Management Policy
• County of Perth Asset Management Plan

Financial Statements and Reports

• 2021 Audited Consolidated Statements

The Financial Information Returns (FIRS) is the main data collection tool used by the Ontario Ministry of Municipal Affairs and Housing to collect financial and statistical information on municipalities. The FIR is a standard document comprised of a number of Schedules which are updated each year to comply with current legislation and reporting requirements.