Budget Basics
How we develop the town's budget and the funding sources.
Understanding Oakville's two-tier municipal system
Oakville is part of a two-tier municipal government, which means responsibilities are shared between the Town of Oakville and Halton Region.
Each level provides different services, but together they shape your property taxes and the services you rely on every day.
Upper tier: Halton Region
Services provided: Regional services like police, paramedics, water and wastewater, waste collection, public health, housing, and social services
Lower tier: Town of Oakville
Services provided: Over 90 local services, including libraries, fire protection, recreation programs, parks, local roads, and planning
Property taxes under the two-tier system
When it comes to funding, your property tax bill is split:
- 43 per cent goes to the Town of Oakville
- 38 per cent goes to Halton Region
- 19 per cent goes to education
Together, these contributions support the full range of services residents depend on every day.
Understanding Oakville's capital and operating budgets
Capital budget
The capital budget is used to build or repair assets that will last for more than one year.
It is primarily funded through:
- property taxes
- town reserves
- development charges
- debt and grants
Operating budget
The operating budget delivers programs, services and facilities services. It helps us meet the needs of Oakville’s growing community and accommodate inflationary pressures.
It is funded primarily through:
- property taxes and
- user fees
Budget 101
Our video offers a brief overview on the breakdown of tax dollars, legislative requirements and the definition of a budget.
Figures used in the video are for illustrative purposes only and can vary from year to year.
