Oakville is committed to offering valued services and programs to residents and making strategic investments in community priorities. Each year the town’s annual budget is one of the most important tasks facing Town Council, and Council has directed staff to prepare a budget that keeps the overall tax increase in line with inflation.
We will be updating these pages throughout the 2019 Budget process so please visit often.
What are the town's priorities? Where does the town get its money?Budget highlights
Watch a short video and learn the basics of how the town develops its budget.Budget basics
On January 28, 2019, Oakville Town Council unanimously approved the town’s operating and capital budgets for 2019.
The impact of Council’s budget approval is a 1.99 per cent increase to the town’s portion of the tax bill, for an overall property tax increase of 1.53 per cent when the approved regional and expected educational tax levies are included. The increase would mean that residential property taxes would increase by $11.72 per $100,000 of assessment or that the owner of a home assessed at $800,000 would pay an additional $93.75 per year or $1.80 per week.
For 2019, the $337.3 million operating budget will provide a wide range of programs and services including the maintenance of roads and community facilities, fire services, transit, parks and trails, recreation and culture, senior services, and libraries. Program enhancements recommended for 2019 include funding for the newly opened Trafalgar Park Community Centre, the Sixteen Mile Branch library and final phase of the Municipal Enforcement Strategy. Anticipated savings of $2.1 million are being recognized from efficiency review work undertaken in 2018 and 2019.
The 2019 recommended capital budget sees $116.3 million of funding to support new facilities, transportation, infrastructure renewal and other elements related to growth. Some of the capital projects for 2019 include the Southeast Community Centre, the Downtown Lakeshore Reconstruction project, the Road Resurfacing and Preservation Program, the new Fire Station #8 near Pine Glen and Bronte, transit bus replacements and several parks in north Oakville. Capital funding of $250,000 for a study to replace Town Hall was deferred.
Council also approved the 2019 Rates and Fees. On average, rates and fees will increase between two and three per cent which will generate close to $1.5 million in revenue to help fund valued programs and services.
Visit the 2019 Budget Documents page for proposed 2019 budget details and presentations.