2018 final report v8 - stratford
TRANSCRIPT
2018
Municipal Study
BMA Management Consulting Inc
540
Table of Contents
EXECUTIVE SUMMARY
1 INTRODUCTION
2 SOCIO‐ECONOMIC INDICATORS
3 FINANCIAL INDICATORS
4 REVENUEEXPENDITURE ANALYSIS
5 SELECT USER FEES amp REVENUE INFORMATION
6 TAX POLICIES
7 COMPARISON OF RELATIVE TAXES
8 COMPARISON OF WATERSEWER COSTS
9 AVERAGE MUNICIPAL BURDEN AS A OF INCOME
10 ECONOMIC DEVELOPMENT PROGRAMS
Municipal Study 2018
1
6
62
125
241
273
283
380
452
467
397
Municipal Study 2018
Executive SummarymdashCity of Stratford
Socio‐Economic Factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic factors contributes to the development of
sound financial policies An examination of local economic and demographic characteristics can identify the following situations
Changes in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because of demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
Socio‐Economic Factors Stratford Total Survey Average Southwest
2018 Population Density per sq km
2011‐2016 Population Increase
2017 Building Construction Value per Capita
2018 Estimated Average Household Income
2018 Weighted Median Value of Dwelling
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
1165
19
2646$
84065$
272350$
117383$
142680$
547
48
3028$
102194$
340734$
154140$
156898$
439
38
2974$
102001$
302609$
152484$
143624$
Financial Indicators
The Municipal Financial Indicators section of the report includes a number of measures such as the financial
position operating surplus asset consumption ratio reserves debt and taxes receivables
KeyKey financialfinancial indicatorsindicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities A number of Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included Indicators related to Sustainability Flexibility and Vulnerability have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
The tables on the following page provide highlights from this section of the report
Executive Summary
398
Municipal Study 2018
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to services
2017 Sustainability Indicators Stratford Total Survey Average
Financial Position per Capita
Tax Asset Consumption Ratio
Net Financial Liabilities Ratio
(773) $
386
03
435 $
438
(04)
Vulnerability
Addresses a municipalityrsquos vulnerability to external sources of funding that it cannot control and its exposure to risks
2017 Vulnerability Indicators Stratford Total Survey Average
Reserves
Tax Reserves (less WWW) as of Taxation
Tax Reserves as of Own Source Revenues
Tax Reserves Capita
551
374
923 $
727
523
684 $
Debt
Tax Debt Charges as of Own Source Revenues
Total Debt Outstanding Capita
Tax Debt Outstanding Capita
Debt Outstanding per Own Source Revenue
Debt to Reserve Ratio
64
2082 $
1331 $
747
22
44
731 $
507 $
409
10
Flexibility
The ability to issue debt responsibly without impacting the credit rating Also the ability to generate required revenues
2017 Flexibility Indicators Stratford Total Survey Average
Taxes Receivable as of Taxes Levied
Rates Coverage Ratio
36
805
60
921
Executive Summary
399
Municipal Study 2018
Analysis of Net Municipal Levy Per Capita and Per Assessment
In order to better understand the relative tax position for a municipality another measure that has been included in the study is a comparison of net municipal levies on a per capita and per $100000 basis This measure indicates the total net municipal levy needed to provide services to the municipality This analysis
does not indicate value for money or the effectiveness in meeting community objectives Net municipal expenditures per capita may vary as a result of
Different service levels
Variations in the types of services
Different methods of providing services
Different residentialnon‐residential assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
User fee policies
Age of infrastructure
What is being collected from rates as opposed to property taxes
As such this analysis is not an ldquoapples to applesrdquo comparison of services but rather has been included to provide insight into the net cost of providing municipal services within each municipality Further analysis would be required to determine the cause of the differences across each spending envelope and within
each municipality This analysis was completed using the most current information available ‐ net municipal levies as per the 2018 municipal levy by‐laws and the 2018 estimated populations
2018 Stratford Total Survey Average Southwest
Net Municipal Levy per Capita
Net Municipal Levy per $100000 Unweighted CVA
1701 $
1449 $
1527 $
1111 $
1497 $
1071 $
User Fees
A number of user fees have been included in the Study including the following
2018 Fees Stratford Total Survey Average Southwest
Development Charges ‐ Single Detached
Residential Building Permit Fee
13951 $
2013 $
33411 $
2270 $
20235 $
2081 $
Executive Summary
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
540
Table of Contents
EXECUTIVE SUMMARY
1 INTRODUCTION
2 SOCIO‐ECONOMIC INDICATORS
3 FINANCIAL INDICATORS
4 REVENUEEXPENDITURE ANALYSIS
5 SELECT USER FEES amp REVENUE INFORMATION
6 TAX POLICIES
7 COMPARISON OF RELATIVE TAXES
8 COMPARISON OF WATERSEWER COSTS
9 AVERAGE MUNICIPAL BURDEN AS A OF INCOME
10 ECONOMIC DEVELOPMENT PROGRAMS
Municipal Study 2018
1
6
62
125
241
273
283
380
452
467
397
Municipal Study 2018
Executive SummarymdashCity of Stratford
Socio‐Economic Factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic factors contributes to the development of
sound financial policies An examination of local economic and demographic characteristics can identify the following situations
Changes in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because of demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
Socio‐Economic Factors Stratford Total Survey Average Southwest
2018 Population Density per sq km
2011‐2016 Population Increase
2017 Building Construction Value per Capita
2018 Estimated Average Household Income
2018 Weighted Median Value of Dwelling
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
1165
19
2646$
84065$
272350$
117383$
142680$
547
48
3028$
102194$
340734$
154140$
156898$
439
38
2974$
102001$
302609$
152484$
143624$
Financial Indicators
The Municipal Financial Indicators section of the report includes a number of measures such as the financial
position operating surplus asset consumption ratio reserves debt and taxes receivables
KeyKey financialfinancial indicatorsindicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities A number of Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included Indicators related to Sustainability Flexibility and Vulnerability have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
The tables on the following page provide highlights from this section of the report
Executive Summary
398
Municipal Study 2018
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to services
2017 Sustainability Indicators Stratford Total Survey Average
Financial Position per Capita
Tax Asset Consumption Ratio
Net Financial Liabilities Ratio
(773) $
386
03
435 $
438
(04)
Vulnerability
Addresses a municipalityrsquos vulnerability to external sources of funding that it cannot control and its exposure to risks
2017 Vulnerability Indicators Stratford Total Survey Average
Reserves
Tax Reserves (less WWW) as of Taxation
Tax Reserves as of Own Source Revenues
Tax Reserves Capita
551
374
923 $
727
523
684 $
Debt
Tax Debt Charges as of Own Source Revenues
Total Debt Outstanding Capita
Tax Debt Outstanding Capita
Debt Outstanding per Own Source Revenue
Debt to Reserve Ratio
64
2082 $
1331 $
747
22
44
731 $
507 $
409
10
Flexibility
The ability to issue debt responsibly without impacting the credit rating Also the ability to generate required revenues
2017 Flexibility Indicators Stratford Total Survey Average
Taxes Receivable as of Taxes Levied
Rates Coverage Ratio
36
805
60
921
Executive Summary
399
Municipal Study 2018
Analysis of Net Municipal Levy Per Capita and Per Assessment
In order to better understand the relative tax position for a municipality another measure that has been included in the study is a comparison of net municipal levies on a per capita and per $100000 basis This measure indicates the total net municipal levy needed to provide services to the municipality This analysis
does not indicate value for money or the effectiveness in meeting community objectives Net municipal expenditures per capita may vary as a result of
Different service levels
Variations in the types of services
Different methods of providing services
Different residentialnon‐residential assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
User fee policies
Age of infrastructure
What is being collected from rates as opposed to property taxes
As such this analysis is not an ldquoapples to applesrdquo comparison of services but rather has been included to provide insight into the net cost of providing municipal services within each municipality Further analysis would be required to determine the cause of the differences across each spending envelope and within
each municipality This analysis was completed using the most current information available ‐ net municipal levies as per the 2018 municipal levy by‐laws and the 2018 estimated populations
2018 Stratford Total Survey Average Southwest
Net Municipal Levy per Capita
Net Municipal Levy per $100000 Unweighted CVA
1701 $
1449 $
1527 $
1111 $
1497 $
1071 $
User Fees
A number of user fees have been included in the Study including the following
2018 Fees Stratford Total Survey Average Southwest
Development Charges ‐ Single Detached
Residential Building Permit Fee
13951 $
2013 $
33411 $
2270 $
20235 $
2081 $
Executive Summary
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
397
Municipal Study 2018
Executive SummarymdashCity of Stratford
Socio‐Economic Factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic factors contributes to the development of
sound financial policies An examination of local economic and demographic characteristics can identify the following situations
Changes in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because of demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
Socio‐Economic Factors Stratford Total Survey Average Southwest
2018 Population Density per sq km
2011‐2016 Population Increase
2017 Building Construction Value per Capita
2018 Estimated Average Household Income
2018 Weighted Median Value of Dwelling
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
1165
19
2646$
84065$
272350$
117383$
142680$
547
48
3028$
102194$
340734$
154140$
156898$
439
38
2974$
102001$
302609$
152484$
143624$
Financial Indicators
The Municipal Financial Indicators section of the report includes a number of measures such as the financial
position operating surplus asset consumption ratio reserves debt and taxes receivables
KeyKey financialfinancial indicatorsindicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities A number of Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included Indicators related to Sustainability Flexibility and Vulnerability have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
The tables on the following page provide highlights from this section of the report
Executive Summary
398
Municipal Study 2018
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to services
2017 Sustainability Indicators Stratford Total Survey Average
Financial Position per Capita
Tax Asset Consumption Ratio
Net Financial Liabilities Ratio
(773) $
386
03
435 $
438
(04)
Vulnerability
Addresses a municipalityrsquos vulnerability to external sources of funding that it cannot control and its exposure to risks
2017 Vulnerability Indicators Stratford Total Survey Average
Reserves
Tax Reserves (less WWW) as of Taxation
Tax Reserves as of Own Source Revenues
Tax Reserves Capita
551
374
923 $
727
523
684 $
Debt
Tax Debt Charges as of Own Source Revenues
Total Debt Outstanding Capita
Tax Debt Outstanding Capita
Debt Outstanding per Own Source Revenue
Debt to Reserve Ratio
64
2082 $
1331 $
747
22
44
731 $
507 $
409
10
Flexibility
The ability to issue debt responsibly without impacting the credit rating Also the ability to generate required revenues
2017 Flexibility Indicators Stratford Total Survey Average
Taxes Receivable as of Taxes Levied
Rates Coverage Ratio
36
805
60
921
Executive Summary
399
Municipal Study 2018
Analysis of Net Municipal Levy Per Capita and Per Assessment
In order to better understand the relative tax position for a municipality another measure that has been included in the study is a comparison of net municipal levies on a per capita and per $100000 basis This measure indicates the total net municipal levy needed to provide services to the municipality This analysis
does not indicate value for money or the effectiveness in meeting community objectives Net municipal expenditures per capita may vary as a result of
Different service levels
Variations in the types of services
Different methods of providing services
Different residentialnon‐residential assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
User fee policies
Age of infrastructure
What is being collected from rates as opposed to property taxes
As such this analysis is not an ldquoapples to applesrdquo comparison of services but rather has been included to provide insight into the net cost of providing municipal services within each municipality Further analysis would be required to determine the cause of the differences across each spending envelope and within
each municipality This analysis was completed using the most current information available ‐ net municipal levies as per the 2018 municipal levy by‐laws and the 2018 estimated populations
2018 Stratford Total Survey Average Southwest
Net Municipal Levy per Capita
Net Municipal Levy per $100000 Unweighted CVA
1701 $
1449 $
1527 $
1111 $
1497 $
1071 $
User Fees
A number of user fees have been included in the Study including the following
2018 Fees Stratford Total Survey Average Southwest
Development Charges ‐ Single Detached
Residential Building Permit Fee
13951 $
2013 $
33411 $
2270 $
20235 $
2081 $
Executive Summary
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
398
Municipal Study 2018
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to services
2017 Sustainability Indicators Stratford Total Survey Average
Financial Position per Capita
Tax Asset Consumption Ratio
Net Financial Liabilities Ratio
(773) $
386
03
435 $
438
(04)
Vulnerability
Addresses a municipalityrsquos vulnerability to external sources of funding that it cannot control and its exposure to risks
2017 Vulnerability Indicators Stratford Total Survey Average
Reserves
Tax Reserves (less WWW) as of Taxation
Tax Reserves as of Own Source Revenues
Tax Reserves Capita
551
374
923 $
727
523
684 $
Debt
Tax Debt Charges as of Own Source Revenues
Total Debt Outstanding Capita
Tax Debt Outstanding Capita
Debt Outstanding per Own Source Revenue
Debt to Reserve Ratio
64
2082 $
1331 $
747
22
44
731 $
507 $
409
10
Flexibility
The ability to issue debt responsibly without impacting the credit rating Also the ability to generate required revenues
2017 Flexibility Indicators Stratford Total Survey Average
Taxes Receivable as of Taxes Levied
Rates Coverage Ratio
36
805
60
921
Executive Summary
399
Municipal Study 2018
Analysis of Net Municipal Levy Per Capita and Per Assessment
In order to better understand the relative tax position for a municipality another measure that has been included in the study is a comparison of net municipal levies on a per capita and per $100000 basis This measure indicates the total net municipal levy needed to provide services to the municipality This analysis
does not indicate value for money or the effectiveness in meeting community objectives Net municipal expenditures per capita may vary as a result of
Different service levels
Variations in the types of services
Different methods of providing services
Different residentialnon‐residential assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
User fee policies
Age of infrastructure
What is being collected from rates as opposed to property taxes
As such this analysis is not an ldquoapples to applesrdquo comparison of services but rather has been included to provide insight into the net cost of providing municipal services within each municipality Further analysis would be required to determine the cause of the differences across each spending envelope and within
each municipality This analysis was completed using the most current information available ‐ net municipal levies as per the 2018 municipal levy by‐laws and the 2018 estimated populations
2018 Stratford Total Survey Average Southwest
Net Municipal Levy per Capita
Net Municipal Levy per $100000 Unweighted CVA
1701 $
1449 $
1527 $
1111 $
1497 $
1071 $
User Fees
A number of user fees have been included in the Study including the following
2018 Fees Stratford Total Survey Average Southwest
Development Charges ‐ Single Detached
Residential Building Permit Fee
13951 $
2013 $
33411 $
2270 $
20235 $
2081 $
Executive Summary
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
399
Municipal Study 2018
Analysis of Net Municipal Levy Per Capita and Per Assessment
In order to better understand the relative tax position for a municipality another measure that has been included in the study is a comparison of net municipal levies on a per capita and per $100000 basis This measure indicates the total net municipal levy needed to provide services to the municipality This analysis
does not indicate value for money or the effectiveness in meeting community objectives Net municipal expenditures per capita may vary as a result of
Different service levels
Variations in the types of services
Different methods of providing services
Different residentialnon‐residential assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
User fee policies
Age of infrastructure
What is being collected from rates as opposed to property taxes
As such this analysis is not an ldquoapples to applesrdquo comparison of services but rather has been included to provide insight into the net cost of providing municipal services within each municipality Further analysis would be required to determine the cause of the differences across each spending envelope and within
each municipality This analysis was completed using the most current information available ‐ net municipal levies as per the 2018 municipal levy by‐laws and the 2018 estimated populations
2018 Stratford Total Survey Average Southwest
Net Municipal Levy per Capita
Net Municipal Levy per $100000 Unweighted CVA
1701 $
1449 $
1527 $
1111 $
1497 $
1071 $
User Fees
A number of user fees have been included in the Study including the following
2018 Fees Stratford Total Survey Average Southwest
Development Charges ‐ Single Detached
Residential Building Permit Fee
13951 $
2013 $
33411 $
2270 $
20235 $
2081 $
Executive Summary
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
400
Municipal Study 2018
Comparison of Tax Ratios
Tax ratios reflect how a property class tax rate compares to the residential rate Changes in tax ratios affect
the relative tax burden between classes of properties Tax ratios can be used to prevent large shifts of the tax burden caused by relative changes in assessment among property classes as well as to lower the tax
rates on a particular class or classes
2018 Tax Ratios Stratford Total Survey Average
Multi‐Residential 20000 17902
Commercial (Residual) 19759 16871
Industrial (Residual) 27584 21826
Taxes and Comparison of Relative Taxes
The purpose of this section of the report is to undertake ldquolikerdquo property comparisons across each municipality and across various property types In total there are 12 property types in the residential multi ‐residential commercial and industrial classes There are many reasons for differences in relative tax
burdens across municipalities and across property classes including but not limited to
Differences in values of like properties
Differences in the tax ratios and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Level of service provided and the associated costs
Extent to which a municipality employs user fees
Access to other sources of revenues such as dividends from hydro utilities and casino revenues
2018 Property Taxes Stratford Total Survey Average Southwest
Detached Bungalow
2 Storey Home
Senior Executive Home
Walk Up Apartment (per Unit)
MidHigh Rise (per Unit)
Neigh Shopping (per sq ft)
Office Building (per sq ft)
Hotels (per Suite)
Motels (per Suite)
Industrial Standard (per sq ft)
Industrial Large (per sq ft)
Industrial Vacant Land (per Acre)
$
$
$
$
$
$
$
$
$
$
$
$
3526
5558
6425
1856
2177
198
319
2322
1266
137
056
1321
3397 $
4524 $
6286 $
1382 $
1715 $
363 $
304 $
1602 $
1240 $
167 $
111 $
3673 $
3093 $
4322 $
6004 $
1377 $
1771 $
333 $
297 $
1521 $
1296 $
142 $
086 $
2007 $
Executive Summary
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
401
Municipal Study 2018
Comparison of Water and Sewer User Costs
A comparison was made of watersewer costs in each municipality The following table summarizes the costs in the municipality for water and sewer on typical annual consumption against the overall survey average
2018 WaterSewer Cost of Service Stratford
Total Survey Average Southwest
Residential ‐ 200 m3
Commercial ‐ 10000 m3
Industrial ‐ 30000 m3
Industrial ‐ 100000 m3
Industrial ‐ 500000 m3
$
$
$
$
$
772
27162
80845
268568
1341044
1074 $
36054 $
102824 $
334031 $
1647471 $
1135 $
36709 $
104178 $
331985 $
1676956 $
2018 Property Taxes and WaterWastewater Costs as a of Income
This section of the report provides a comparison of the availability of gross household income to fund municipal services on a typical household This provides a measure of affordability within each community
2018 Affordability Indicators Stratford Total Survey Average Southwest
Property Taxes as a of Household Income
WaterSewer + Taxes as a of Household Income
45 38
54 49
36
48
Economic Development Programs
A summary was completed of programs that municipalities have implemented to promote economic
development in the areas of retention and expansion downtown development and brownfield
redevelopment
Executive Summary
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124
1
Municipal Study 2018
Executive Summary
Municipal Study 2018
SECTION 1 Introduction
Since 2000 BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities The Executive Summary provides an overview of the analysis
contained in the comprehensive report
The study identifies both key quantifiable indicators and selective environmental factors that should be considered as part of a comprehensive evaluation of a local municipalityrsquos financial condition Use of the study over a number of years provides trends to allow decision makers to monitor selected indicators over
time Trend analysis helps to provide interpretative context In addition context can be provided by
comparing a municipalityrsquos own experience with the experience of other municipalities
108 Ontario municipalities representing in excess of 85 of the population
Number of Populations Municipalities 100000 or greater 26
30000 ‐ 99999 27
15000 ‐ 29999 24
0 ‐ 14999 31
Total 108
The analysis was completed using the most recent information available as provided by the participating municipalities including
2018 Current Value Assessment
2018 Tax Policies
2018 Levy By‐laws
2018 Development Charges
2018 WaterSewer Rates
2017 FIRs
2018 User Fees
Economic Development Programs
Executive Summary 2
Municipal Study 2018
2018 Municipalities Included in the Study
The following provides a summary of the municipalities participating by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Executive Summary 3
Municipal Study 2018
SECTION 2 Socio‐Economic Indicators
A complete assessment of a municipalityrsquos financial condition should include consideration of socio‐economic factors Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and provide insight into a municipalityrsquos ability to generate revenue relative to the municipalitys demand for public services An evaluation of socio‐economic indicators contributes to the development of sound financial policies
Land Density
Population density indicates the number of residents living in an area (usually measured by square
kilometre) Analysis of density can provide insight into the age of a city growth patterns zoning practices and new development opportunities High population density can indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street
routes The following graph provides a summary of average population density per square kilometre by geographic location
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
Population Density per Sq Km
‐ 200 400 600 800 1000 1200
Executive Summary 4
Municipal Study 2018
Population Growth
The following graph shows the change in population from 2006‐2011 and from 2011‐2016 As shown in the graph the GTA municipalities experienced the largest population percentage growth in both periods
Northern municipalities experienced the lowest percentage of population growth
‐20
00
20
40
60
80
100
2006‐2011 2011‐2016
Household Income
Household income is one measure of a communityrsquos ability to pay While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services The average household income varies by geographic location The average household income in Northern municipalities was $84288 compared with $115474 in the GTA
Eastern
North
SimcoeMuskDuff
NiagaraHamilton
Southwest
GTA
2018 Household Income
$‐ $20000 $40000 $60000 $80000 $100000 $120000 $140000
Executive Summary 5
Municipal Study 2018
Assessment Per Capita
Property assessment is the basis upon which municipalities raise taxes A strong assessment base is critical to a municipalityrsquos ability to generate revenues Assessment per capita statistics have been compared to provide an indication of the ldquorichnessrdquo of the assessment base in each municipality Unweighted assessment provides the actual current value assessment of the properties Weighted assessment reflects the basis upon
which property taxes are levied after applying the tax ratios to the various property classes to the unweighted assessment The average assessment per capita is highest in the GTA and lowest in Northern
municipalities
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
Weighted Assessment per Capita
Unweighted Assessment per Capita
$‐ $50000 $100000 $150000 $200000 $250000
Assessment Change
Assessment growth provides an indication of how the base upon which
taxes are levied is changing over time From 2017mdash2018 the assessment increased by 62 on average across the 108 Ontario municipalities The GTA geographic area experienced the largest
increase at 98
Municipalities Grouped by Location 2014‐2015 2015‐2016 2016‐2017 2017‐2018
Eastern 41 48 24 39
North 56 50 07 41
Southwest 48 45 51 60
SimcoeMuskDuff 35 35 42 65
NiagaraHamilton 42 37 44 70
GTA 64 60 87 98
Executive Summary 6
Municipal Study 2018
Residential Properties
Residential properties were broken down by property type to provide an indication of the housing mix in each municipality The following graph reflects the average assessed values for residential properties by geographic location
Average House Value (000s)
GTA
SimcoeMuskDuff
Southwest
NiagaraHamilton
Eastern
North
$‐ $100 $200 $300 $400 $500 $600
Construction Activity
The three year average of building permits per capita were analyzed to provide a measure of relative building activity in each municipality and across the geographic locations The following reflects the results from 2015‐2017
$‐ $1000 $2000 $3000 $4000
North
Eastern
Southwest
NiagaraHamilton
SimcoeMuskDuff
GTA
Construction per Capita (3 yr avg)
Executive Summary 7
0‐25 20
Municipal Study 2018
SECTION 3 Municipal Financial Sustainability Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition A municipalityrsquos financial position is defined as the total fund balances including equity in business government enterprises less the amount to be recovered in future years associated with long‐term liabilities A comparison was made of each municipalityrsquos overall financial position (assets less liabilities) There is a significant range in municipal financial position per capita across
Ontario from a low of negative ($2460) to a high of $4914 per capita The following graph provides the percentage of municipalities that fall within each range
Financial Position Per Capita
less than ‐$1000 12
‐$1000‐$0 13
greater than $1000 25
$0‐$1000 50
Asset Consumption Ratio
The asset consumption ratio reflects the written down value of the tangible capital assets in relation to the
historical costs of the assets This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause
for concern The following graphs reflect the ratio ranges across the survey for tax water and wastewater assets
Tax Water Wastewater
26‐50 73
51‐75 22
greater than 75 greater than 75 greater than 75 1 11 51‐75 9 0‐25 4
26‐50 70
0‐25 17 51‐75 7
26‐50 75
Executive Summary 8
0‐30 23 40
2‐3 13
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The following graphs provide the range of reserves as a percentage of own source revenues for tax supported services water and wastewater The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Tax of OSR Water of OSR WW of OSR
greater than 90 greater than 90
8 0‐30 20 0‐30 27
greater than 90 60‐90 27 43
30‐60 11
30‐60 29
60‐90 8 30‐60 45 60‐90 19
Debt Indicators
Debt indicators can reveal increasing reliance on debt decreasing flexibility sudden large increases or decreases in future debt service and the amount of debt that a community can absorb The following graphs
summarize the debt interest ratio for tax water and wastewater to provide an understanding of the percentage of municipalities within various ranges of the debt interest ratio This ratio indicates the extent
to which a municipalityrsquos operating revenues are committed to interest expenses
Tax Water WW
greater than 3 5
0‐2 9
2‐10 8
0‐2 14
greater than
2‐10 4
0‐1 51
1‐2 31
greater than 10 82 10 83
Executive Summary 9
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
Every year a percentage of property owners is unable to pay property taxes If this percentage increases over time it may indicate an overall decline in the municipalityrsquos economic health Additionally as uncollected property taxes rise liquidity decreases If the percentage of uncollected property taxes increases over time it may indicate an overall decline in the municipalityrsquos economic health The following graph provides a summary of the 2017 taxes receivable as a percentage of taxes levied in each of the geographic areas
Taxes Receivables as Taxes Levied
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
00 20 40 60 80
SECTION 4 Revenue amp Expenditure Analysis
Net Municipal Levy per Capita and per $100000 of assessment
Different service levels
Variations in the types of services
Different methods of providing services
User fee policies
Different assessment composition
Varying demand for services
Locational factors
Demographic differences
Socio‐economic differences
Urbanrural composition differences
Levy per Capita Levy per $100000 of Assesment
Eastern
Southwest
GTA
NiagaraHamilton
SimcoeMuskDuff
North
$‐ $200 $400 $600 $800 $1000 $1200 $1400 $1600 $1800 $2000
An analysis of levy per capita and per $100000 of assessment does not indicate value for money or the effectiveness in meeting
community objectives Municipal levies may vary as a result of
Net municipal levy per capita was calculated using Manifold Data Mining 2018 estimated population and the
2018 municipal levies The net levy on a per capita basis ranged from $1006 to $3038 (with an average of $1527 per capita) Net levy per $100000 of assessment is also provided The net levy on a per $100000 of unweighted assessment basis ranged across the municipalities from $538 to $2328 (with an average of $1111 per $100000 of assessment)
Executive Summary 10
Municipal Study 2018
SECTION 5 Select User Fee and Revenue Information
The Select User Fee and Revenue Information section of the report includes development charges building
permit fees tipping fees and transit fares
Development Charges
The recovery of costs by Ontario municipalities for capital infrastructure required to support new growth is governed by the Development Charges Act (1997) and supporting regulations The following table
summarizes the 2018 development charges Note some municipalities do not charge development charges
Non‐
Apartment Apartment Non‐Residential Residential 2018 Development Multiples units gt=2 units lt 2 (per Commercial (per Industrial
Charges Residential Dwelling 3+ (per unit) unit) sqft) (per sqft)
North $ 13789 7645 $ 6624 $ 6624 $ 761 $ 463 $
Eastern $ 15360 11682 $ 9562 $ 7374 $ 917 $ 543 $
Southwest $ 20235 15639 $ 12058 $ 10239 $ 795 $ 627 $
SimcoeMuskDuff $ 25843 21705 $ 16842 $ 13480 $ 920 $ 731 $
NiagaraHamilton $ 27231 19513 $ 18055 $ 11481 $ 1640 $ 854 $
GTA $ 72422 59269 $ 43903 $ 32204 $ 4265 $ 2132 $
SECTION 6 Tax Policies
The relative tax burden in each class of property will be impacted by the type of tax policies implemented in each municipality As such an analysis of the 2018 tax policies that impact the relative tax position was completed The following table summarizes the range of 2018 tax ratios across the survey
2018 Tax Ratios Average Median Min Max
Multi‐Residential 17902 18831 10000 26342
Commercial 16871 16929 11000 28476
Industrial 21826 22150 11000 47186
Executive Summary 11
‐
‐
Municipal Study 2018
SECTION 7 Comparison of Relative Taxes
Like property comparisons were undertaken on 12 property types that were of most interest to the participating municipalities In order to calculate the relative tax burden of ldquolikerdquo properties every effort was
made to hold constant those factors deemed to be most critical in determining a propertyrsquos assessed value There are many reasons for differences in relative tax burdens across municipalities and across property
classes These include but are not limited to the following
The values of like properties vary significantly across municipalities
The tax ratios in each class and the use of optional classes
Non‐uniform education tax rates in the non‐residential classes
Tax burdens across municipalities also vary based on the level of service provided and the associated costs
of providing these services
Extent to which a municipality employs user fees or has access to other sources of revenues such as dividends from hydro utilities gaming amp casino revenues
Residential Detached Senior Industrial Standard per Vacant Land Properties Bungalow 2 Storey Executive Properties sqft Large per sqft per acre
North $ 3153 $ 4817 6570 $ North 190 $ 100 $ 2609 $
Eastern $ 3185 $ 4401 6273 $ Eastern 148 $ 119 $ 2579 $
Southwest $ 3093 $ 4322 6004 $ Southwest 142 $ 086 $ 2007 $
SimcoeMuskDuff $ 3014 $ 4037 5703 $ SimcoeMuskDuff 131 $ 103 $ 1949 $
NiagaraHamilton $ 3518 $ 4693 6328 $ NiagaraHamilton 188 $ 090 $ 3669 $
GTA $ 4188 $ 4955 6859 $ GTA 219 $ 158 $ 8602 $
Survey Average $ 3397 $ 4524 6286 $ Survey Average 167 $ 111 $ 3673 $
Survey Median $ 3345 $ 4636 6223 $ Survey Median 169 $ 108 $ 2106 $
Neigh Multi‐Residential High Rise per Commercial Shopping per Hotel per Motel per Properties Walk Up per Unit Unit Properties Office per sqft sqft suite suite
North 1329 $ 1636 $ North 301 $ 335 $ 1417 $ 1270 $
Eastern 1561 $ 2091 $ Eastern 318 $ 399 $ 1902 $ 1420 $
Southwest 1377 $ 1771 $ Southwest 297 $ 333 $ 1521 $ 1296 $
SimcoeMuskDuff 1026 $ 1615 $ SimcoeMuskDuff 278 $ 328 $ 1848 $ 1094 $
NiagaraHamilton 1618 $ 1752 $ NiagaraHamilton 280 $ 387 $ 1870 $ 1117 $
GTA 1401 $ 1544 $ GTA 341 $ 421 $ 1417 $ 1208 $
Survey Average 1382 $ 1715 $ Survey Average 304 $ 363 $ 1602 $ 1240 $
Survey Median 1365 $ 1744 $ Survey Median 305 $ 374 $ 1467 $ 1208 $
Executive Summary 12
Municipal Study 2018
SECTION 8 Comparison of WaterSewer Costs
The establishment of water and sewer rates is a municipal responsibility and the absence of standard procedures across Ontario has resulted in the evolution of a great variety of rate structure formats There was considerable diversity across the survey in terms of the costs of watersewer and how services are
charged
Residential Commercial Industrial Industrial Industrial
Volume 200 m3
10000 m3 30000 m3
100000 m3 500000 m3
Meter Size 58 2 3 4 6
Average 1074 $ 36054 $ 102824 $ 334031 $ $ 1647471
Median 1038 $ 33087 $ 96928 $ 313040 $ $ 1541796
Min 463 $ 9626 $ 22026 $ 89898 $ 370994 $
Max 2090 $ 86527 $ 186000 $ 620000 $ $ 3100000
SECTION 9 Property Taxes and WaterWastewater as a of Income
A comparison was made of relative property tax burdens and watersewer costs on comparable properties
against the median household incomes The report also calculates the total municipal tax burden as a percentage of income available on an average household
Total Municipal Burden as a of Household Income
GTA 45
Southwest 48
North 49
NiagaraHamilton 51
SimcoeMuskDuff 54
Eastern 55
SECTION 10 Economic Development Programs
Business Retention amp Expansion Programs
DowntownArea Specific Programs
Brownfield Redevelopment
Executive Summary 13
Municipal Study 2018
IntroductionmdashMunicipal Study 2018
1
Municipal Study 2018
Introduction
For the past seventeen years BMA Management Consulting Inc has annually completed a municipal comparative study on behalf of participating Ontario municipalities This report brings together a group of indicators to give an overall snapshot for each municipality The analysis was completed using the most
recent information available as provided by the participating municipalities including
2018 current value assessment
2018 tax policies
2018 levy by‐laws
2018 development charges
2018 watersewer rates
2017 FIRs (as available)
2018 user fees
Economic development programs
To facilitate the analysis given the significant volume of information included in the report the
information is also accessible through BMArsquos online password protected database This provides the
participating municipalities with the ability to select only those municipalities that are of interest and to focus on specific areas of interest The database also provides the ability to analyze trends with data available over a five year period The database can be accessed from the BMA website wwwbmaconsultcom This information can be downloaded from the website into Excel to allow municipalities the ability to track their progress over time and to focus their analysis on specific comparators which can be incorporated into reports and presentations
For more information please feel free to contact
BMA Management Consulting Inc
139 Markland St Hamilton L8P 2K3
Phone (905) 528‐3206
Fax (905) 528‐3210
bmaonaibncom
Contacts Jim Bruzzese or Catherine Minshull
Introduction 2
Municipal Study 2018
Municipal Study Database
Introduction 3
Municipal Study 2018
Why Participate in a Study
The study identifies key financial and economic indicators and factors that should be
considered as part of a comprehensive evaluation of a municipalityrsquos financial condition
Use of the study over a number of years provides trends to allow decision makers to
monitor selected indicators over time Trend analysis helps to provide interpretative context Additional context can come from comparing a municipalityrsquos own experience with the experience of other municipalities While the study includes 108 municipalities it is recommended that the users take advantage of the online database to focus on
similar municipalities
Many of the analytical techniques included in the report are consistent with approaches used by credit
rating agencies and are also used by the International CityCounty Management Association (ICMA) The information contained in this report can help local municipalities analyze and interpret financial economic
and demographic trends Trend analysis is critical to truly understand and evaluate a municipalityrsquos financial condition and to provide early warning signals of potential or emerging financial problems
It is anticipated that the consolidation of the financial and economic indicators contained in the Municipal
Study will achieve the following goals and objectives
To help municipal decision‐makers in assessing market conditions
To understand the unique characteristics of each municipality
To understand the relationship between various controllable and uncontrollable factors in addressing a municipalityrsquos competitive opportunities and challenges
To develop a database of material that can be updated in future years to assess progress and establish targets
To create awareness of the trends and the potential need to modify policies
To assist in aligning municipal decisions in property taxation with other economic development
programs and initiatives
To assist municipalities in developing a long‐term strategy for property taxation to achieve municipal competitive objectives in targeted property classes
To create a baseline source of information that will assist municipalities in addressing specific areas of concern and to gain a better understanding of how other municipalities have addressed similar concerns
To understand the impact of reassessment and growth
To identify areas that may require further review (eg service levels user fees service delivery)
Introduction 4
Municipal Study 2018
Municipalities Represented in the Study
The following summarizes the municipalities by population range
Populations 15000 or less
Populations 15000 ndash 29999
Populations 30000 ndash 99999
Populations gt100000
Bancroft
Brock
Brockton
Central Elgin
Elliot Lake
Erin
Espanola
Gravenhurst
Greenstone
Grey Highlands
Guelph‐Eramosa
Ingersoll
Kincardine
Lambton Shores
Mapleton
Meaford
Minto
North Dumfries
North Middlesex
North Perth
North Stormont
Parry Sound
Penetanguishene
Puslinch
Saugeen Shores
St Marys
Tay
Tiny
Wainfleet
Wellesley
Wellington North
Bracebridge
Brockville
Centre Wellington
Collingwood
East Gwillimbury
Grimsby
Huntsville
Kenora
King
Lincoln
Middlesex Centre
Midland
Niagara‐on‐the‐Lake
Owen Sound
Pelham
Port Colborne
Prince Edward County
Springwater
Strathroy‐Caradoc
Thorold
Tillsonburg
West Lincoln
Wilmot
Woolwich
Barrie
Brampton
Brantford
Burlington
Cambridge
Chatham‐Kent
Durham Region
Greater Sudbury
Guelph
Halton Region
Hamilton
Kingston
Kitchener
London
Markham
Milton
Mississauga
Niagara Region
Oakville
Oshawa
Ottawa
Peel Region
Richmond Hill
Simcoe County
St Catharines
Thunder Bay
Toronto
Vaughan
Waterloo Region
Waterloo
Whitby
Windsor
York Region
Aurora
Belleville
Brant
Bruce County
Caledon
Clarington
Cornwall
Fort Erie
Georgina
Grey County
Haldimand
Halton Hills
Innisfil
Muskoka District
Newmarket
Niagara Falls
Norfolk
North Bay
Orangeville
Orillia
Peterborough
Pickering
Quinte West
Sarnia
Sault Ste Marie
St Thomas
Stratford
Timmins
Welland
Wellington County
Whitchurch‐Stouffville
Introduction 5
Municipal Study 2018
Socio‐Economic Indicators
Socio Economic Indicators 6
Municipal Study 2018
Socio‐Economic Indicators
A complete assessment of local governmentrsquos financial condition should include socio‐economic factors
Socio‐economic indicators describe and quantify a municipalityrsquos wealth and economic conditions and
provide insight into a municipalityrsquos collective ability to generate revenue relative to the municipalitys demand for public services An examination of local economic and demographic characteristics can identify the following situations
A decline in the tax base as measured by population property value employment or business activity
A need to shift public service priorities because demographic changes in the municipality
A need to shift public policies because of changes in economic conditions
An evaluation of socio‐economic factors contributes to the development of sound financial policies The
Socio‐Economic Factors section of the report includes the following information to assist municipalities in understanding some basic facts about each municipality included in the study
Population Statistics (2006‐2018)
Note Manifold Data Mining estimates for 2018 includes the undercount normally 3‐5 of population
Age Demographics
Average Household Income
Land Area and Density
Labour Statistics
Assessment Per Capita
Change in Unweighted Assessment (2013‐2018)
Assessment Composition By Class
Consolidated Unweighted and Weighted Assessment (Residential vs Non‐Residential)
Shift in Tax BurdenmdashUnweighted to Weighted Residential Assessment
Residential Properties by Type
Building Construction Activity (Residential Non‐Residential)
Socio Economic Indicators 7
Municipal Study 2018
Population Statistics 2006‐2018 (sorted highest to lowest population)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Ottawa 812129 883391 934243 993556 88 58
Toronto 2503281 2615060 2731571 2890660 45 45
Brampton 433806 523911 593638 648883 208 133
Mississauga 668549 713443 721599 772000 67 11
London 352395 366151 383822 406751 39 48
Hamilton 504559 519949 536917 565591 31 33
Vaughan 238866 288301 306233 334499 207 62
Markham 261573 301709 328966 354135 153 90
Windsor 216473 210891 217188 228533 ‐26 30
Kitchener 204668 219153 233222 248635 71 64
Oakville 165613 182520 193832 206478 102 62
Richmond Hill 162704 185541 195022 206889 140 51
Oshawa 141590 149607 159458 170096 57 66
Burlington 164415 175779 183314 193853 69 43
Barrie 128430 135711 141434 149374 57 42
Greater Sudbury 157857 160274 161531 168518 15 08
St Catharines 131989 131400 133113 139152 ‐04 13
Guelph 114943 121688 131794 141485 59 83
Whitby 111184 122022 128377 136235 97 52
Cambridge 120371 126748 129920 136454 53 25
Milton 53889 84362 110128 119498 565 305
Kingston 117207 123363 123798 128937 53 04
Waterloo 97475 98780 104986 111868 13 63
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Brantford 90192 93650 97496 103036 38 41
Pickering 87838 88721 91771 96747 10 34
Clarington 77820 84548 92013 98976 86 88
Niagara Falls 82184 82997 88071 93786 10 61
Newmarket 74295 79978 84224 89420 76 53
Peterborough 74898 78698 81032 85227 51 30
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Socio Economic Indicators 8
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Caledon 57050 59460 66502 72326 42 118
Sarnia 71419 72366 71594 74143 13 ‐11
Halton Hills 55289 59008 61161 64522 67 36
Norfolk 62563 63175 64044 66969 10 14
Welland 50331 50631 52293 55088 06 33
Aurora 47629 53203 55445 58618 117 42
North Bay 53966 53651 51553 52773 ‐06 ‐39
Bellevil le 48821 49454 50716 53277 13 26
Cornwall 45965 46340 46589 48556 08 05
Whitchurch‐Stouffvil le 24390 37628 45837 51571 543 218
Haldimand 45212 44876 45608 47738 ‐07 16
Georgina 42346 43517 45418 48045 28 44
Timmins 42997 43165 41788 42904 04 ‐32
Quinte West 42697 43086 43577 45533 09 11
Innisfi l 31175 33079 36566 39745 61 105
St Thomas 36110 37905 38909 40889 50 26
Stratford 30461 30886 31465 32959 14 19
Brant 34415 35638 36707 38626 36 30
Fort Erie 29925 29960 30710 32254 01 25
Orill ia 30259 30586 31166 32656 11 19
Centre Wellington 26049 26693 28191 29963 25 56
Orangevil le 26925 27975 28900 30450 39 33
King 19487 19899 24512 27703 21 232
Grimsby 23937 25325 27314 29274 58 79
East Gwill imbury 21069 22473 23991 25610 67 68
Woolwich 19658 23145 25006 26819 177 80
Lincoln 21722 22487 23787 25297 35 58
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Collingwood 17290 19241 21793 23815 113 133
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Brockvil le 21957 21870 21346 21987 ‐04 ‐24
Wilmot 17097 19223 20545 21939 124 69
Socio Economic Indicators 9
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod)
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Huntsvil le 18280 19056 19816 20931 42 40
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Thorold 18224 17931 18801 19925 ‐16 49
Springwater 17456 18223 19059 20178 44 46
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Pelham 16155 16598 17110 18010 27 31
Middlesex Centre 15589 16487 17262 18283 58 47
Bracebridge 15652 15409 16010 16903 ‐16 39
Midland 16330 16572 16864 17661 15 18
Kenora 15177 15348 15096 15597 11 ‐16
Tillsonburg 14822 15301 15872 16749 32 37
Saugeen Shores 11720 12661 13715 14724 80 83
West Lincoln 13167 13837 14500 15363 51 48
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
North Perth 12254 12631 13130 13867 31 40
Gravenhurst 11046 11640 12311 13094 54 58
Ingersoll 11760 12146 12757 13529 33 50
Wellington North 11175 11477 11914 12576 27 38
Central Elgin 12723 12743 12607 13056 02 ‐11
Brock 11979 11341 11642 12234 ‐53 27
Tiny 10754 11232 11787 12495 44 49
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Meaford 10948 11100 10991 11386 14 ‐10
Kincardine 11173 11174 11389 11935 00 19
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Mapleton 9851 9989 10527 11179 14 54
North Dumfries 9063 9334 10215 11012 30 94
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
Tay 9748 9736 10033 10560 ‐01 31
Grey Highlands 9480 9520 9804 10316 04 30
Socio Economic Indicators 10
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockton 9641 9432 9461 9852 ‐22 03
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Minto 8504 8334 8671 9161 ‐20 40
St Marys 6617 6655 7265 7823 06 92
Puslinch 6689 7029 7336 7760 51 44
North Stormont 6769 6775 6873 7189 01 14
Parry Sound 5818 6191 6408 6756 64 35
Wainfleet 6601 6356 6372 6633 ‐37 03
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Espanola 5314 5364 4996 5051 09 ‐69
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Bancroft 3838 3880 3881 4037 11 00
Survey Total 10293100 10942150 11468780 12177245 63 48
Provincial Total 12851821 13366300 13792052 14125923 40 32
Socio Economic Indicators 11
Municipal Study 2018
Population Statistics (sorted highest to lowest population) (contrsquod )
Municipality 2006 2011 2016 2018 Stats
Canada Stats
Canada Stats Canada
Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Peel Region 1159405 1296814 1381739 1493209 119 65
York Region 892712 1032249 1109909 1188226 156 75
Durham Region 561258 608124 645862 688082 84 62
Halton Region 439256 501669 548435 584351 142 93
Waterloo Region 478121 507096 535154 568671 61 55
Niagara Region 427421 431346 447888 472938 09 38
Simcoe County 263515 279766 307050 315744 62 98
Wellington County 85482 86672 90932 96393 14 49
Bruce County 60310 60264 68147 71733 ‐01 131
Muskoka District 57563 58047 60599 64144 08 44
Grey County 89073 92568 93830 NA 39 14
Summary of Population Change by Geographic Area
The following table summarizes the average population change in percentage each of the geographic areas
2006‐2011 2011‐2016
10
8
6
4
2
0
‐2
Socio Economic Indicators 12
‐
‐
Municipal Study 2018
GTA Municipalitiesmdash change in population 2006‐2018
1 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
Mississauga 668549 713443 721599 772000 67 11
Brock 11979 11341 11642 12234 ‐53 27
Pickering 87838 88721 91771 96747 10 34
Halton Hills 55289 59008 61161 64522 67 36
Aurora 47629 53203 55445 58618 117 42
Burlington 164415 175779 183314 193853 69 43
Georgina 42346 43517 45418 48045 28 44
Toronto 2503281 2615060 2731571 2890660 45 45
Richmond Hill 162704 185541 195022 206889 140 51
Whitby 111184 122022 128377 136235 97 52
Newmarket 74295 79978 84224 89420 76 53
Oakville 165613 182520 193832 206478 102 62
Vaughan 238866 288301 306233 334499 207 62
Oshawa 141590 149607 159458 170096 57 66
East Gwillimbury 21069 22473 23991 25610 67 68
Clarington 77820 84548 92013 98976 86 88
Markham 261573 301709 328966 354135 153 90
Caledon 57050 59460 66502 72326 42 118
Brampton 433806 523911 593638 648883 208 133
Whitchurch‐Stouffville 24390 37628 45837 51571 543 218
King 19487 19899 24512 27703 21 232
GTA Average 5424662 5902031 6254654 6678998 88 60
Survey Total 10293100 10942150 11468780 12177245 63 48
Milton 53889 84362 110128 119498 565 305
Socio Economic Indicators 13
‐
‐
Municipal Study 2018
Southwestmdash change in population 2006‐2018 5 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006 2011
Change 2011 2016
North Middlesex 6740 6658 6352 6484 ‐12 ‐46
Guelph‐Eramosa 12066 13458 12854 13569 115 ‐45
Chatham‐Kent 108177 103671 101647 104889 ‐42 ‐20
Owen Sound 21753 21688 21341 22053 ‐03 ‐16
Sarnia 71419 72366 71594 74143 13 ‐11
Central Elgin 12723 12743 12607 13056 02 ‐11
Meaford 10948 11100 10991 11386 14 ‐10
Strathroy‐Caradoc 19977 20978 20867 21656 50 ‐05
Lambton Shores 11150 10656 10631 11049 ‐44 ‐02
Brockton 9641 9432 9461 9852 ‐22 03
Norfolk 62563 63175 64044 66969 10 14
Haldimand 45212 44876 45608 47738 ‐07 16
Stratford 30461 30886 31465 32959 14 19
Kincardine 11173 11174 11389 11935 00 19
St Thomas 36110 37905 38909 40889 50 26
Cambridge 120371 126748 129920 136454 53 25
Windsor 216473 210891 217188 228533 ‐26 30
Grey Highlands 9480 9520 9804 10316 04 30
Brant 34415 35638 36707 38626 36 30
Tillsonburg 14822 15301 15872 16749 32 37
North Perth 12254 12631 13130 13867 31 40
Wellington North 11175 11477 11914 12576 27 38
Minto 8504 8334 8671 9161 ‐20 40
Brantford 90192 93650 97496 103036 38 41
Puslinch 6689 7029 7336 7760 51 44
Middlesex Centre 15589 16487 17262 18283 58 47
London 352395 366151 383822 406751 39 48
Ingersoll 11760 12146 12757 13529 33 50
Mapleton 9851 9989 10527 11179 14 54
Wellesley 9789 10713 11260 11944 94 51
Erin 11148 10770 11439 12185 ‐34 62
Centre Wellington 26049 26693 28191 29963 25 56
Waterloo 97475 98780 104986 111868 13 63
Kitchener 204668 219153 233222 248635 71 64
Wilmot 17097 19223 20545 21939 124 69
Woolwich 19658 23145 25006 26819 177 80
Guelph 114943 121688 131794 141485 59 83
Saugeen Shores 11720 12661 13715 14724 80 83
St Marys 6617 6655 7265 7823 06 92
North Dumfries 9063 9334 10215 11012 30 94
Southwest Average 1912310 1965573 2039804 2153844 28 38
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 14
Municipal Study 2018
Easternmdash change in population 2006‐2018
3 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Brockville 21957 21870 21346 21987 ‐04 ‐24
Prince Edward County 25496 25258 24735 25512 ‐09 ‐21
Bancroft 3838 3880 3881 4037 11 00
Kingston 117207 123363 123798 128937 53 04
Cornwall 45965 46340 46589 48556 08 05
Quinte West 42697 43086 43577 45533 09 11
North Stormont 6769 6775 6873 7189 01 14
Belleville 48821 49454 50716 53277 13 26
Peterborough 74898 78698 81032 85227 51 30
Ottawa 812129 883391 934243 993556 88 58
Eastern Average 1199777 1282115 1336790 1413811 69 43
Survey Total 10293100 10942150 11468780 12168981 63 48
NiagaraHamiltonmdash change in population 2006‐2018
2 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Port Colborne 18599 18424 18306 18990 ‐09 ‐06
Wainfleet 6601 6356 6372 6633 ‐37 03
St Catharines 131989 131400 133113 139152 ‐04 13
Fort Erie 29925 29960 30710 32254 01 25
Pelham 16155 16598 17110 18010 27 31
Hamilton 504559 519949 536917 565591 31 33
Welland 50331 50631 52293 55088 06 33
West Lincoln 13167 13837 14500 15363 51 48
Thorold 18224 17931 18801 19925 ‐16 49
Lincoln 21722 22487 23787 25297 35 58
Niagara Falls 82184 82997 88071 93786 10 61
Grimsby 23937 25325 27314 29274 58 79
Niagara‐on‐the‐Lake 14587 15400 17511 19166 56 137
Change 2006‐2011
Change 2011‐2016
NiagaraHamilton Average 931980 951295 984805 1038529 21 35
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 15
Municipal Study 2018
Northmdash change in population 2006‐2018
4 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Change 2006‐2011
Change 2011‐2016
Espanola 5314 5364 4996 5051 09 ‐69
Elliot Lake 11549 11348 10741 10930 ‐17 ‐53
North Bay 53966 53651 51553 52773 ‐06 ‐39
Timmins 42997 43165 41788 42904 04 ‐32
Sault Ste Marie 74948 75141 73368 75584 03 ‐24
Greenstone 4906 4724 4636 4786 ‐37 ‐19
Kenora 15177 15348 15096 15597 11 ‐16
Thunder Bay 109140 108359 107909 112042 ‐07 ‐04
Greater Sudbury 157857 160274 161531 168518 15 08
Parry Sound 5818 6191 6408 6756 64 35
North Average 481672 483565 478026 494941 04 ‐11
Survey Total 10293100 10942150 11468780 12168981 63 48
SimcoeMuskokaDufferinmdash change in population 2006‐2018
6 2006 2011 2016 2018
Municipality Stats Canada Stats Canada Stats Canada Manifold Data Mining
Penetanguishene 9354 9111 8962 9260 ‐26 ‐16
Midland 16330 16572 16864 17661 15 18
Orillia 30259 30586 31166 32656 11 19
Tay 9748 9736 10033 10560 ‐01 31
Orangeville 26925 27975 28900 30450 39 33
Bracebridge 15652 15409 16010 16903 ‐16 39
Huntsville 18280 19056 19816 20931 42 40
Barrie 128430 135711 141434 149374 57 42
Springwater 17456 18223 19059 20178 44 46
Tiny 10754 11232 11787 12495 44 49
Gravenhurst 11046 11640 12311 13094 54 58
Innisfil 31175 33079 36566 39745 61 105
Collingwood 17290 19241 21793 23815 113 133
Change 2006‐2011
Change 2011‐2016
SimcoeMuskDuff Avg 342699 357571 374701 397122 43 48
Survey Total 10293100 10942150 11468780 12168981 63 48
Socio Economic Indicators 16
Municipal Study 2018
Population of Ontario Regions 2017 and 2041
The Ministry of Finance produces an updated set of population projections every year to provide a demographic outlook reflecting the most up‐to‐date trends and historical data
Ontariorsquos population is projected to grow by 302 or almost 43 million over the next 24 years from
an estimated 142 million on July 1 2017 to almost 185 million by July 1 2041
The annual rate of growth of Ontariorsquos population is projected to ease gradually from 18 to 09
over the projection period
Net migration is projected to account for 76 of all population growth in the province over the 2017ndash 2041 period with natural increase accounting for the remaining 24 In the second half of the projections the contribution of natural increase moderates as baby boomers increasingly reach senior
years and the number of deaths increases more rapidly
The number of children aged 0ndash14 is projected to increase gradually over the projection period from 22 million in 2017 to 27 million by 2041 The childrenrsquos share of population is projected to decrease gradually from 157 in 2017 to 148 by 2041
The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province with its population increasing by 28 million or 408 to reach almost 97 million by 2041 The GTArsquos share of provincial population is projected to rise from 483 in 2017 to 523 in 2041
Socio Economic Indicators 17
Municipal Study 2018
Age Demographics
The age profile of a population may affect municipal expenditures For example expenditures may be
affected by seniors requiring higher public service costs and families with young children demanding
services for recreational and related programs
By 2041 there will be more people in every age group in Ontario compared to 2017 with a sharp increase in the number of seniors Baby boomers will have swelled the ranks of seniors children of the baby boom echo generation will be of school‐age and the baby boom echo cohorts along with a new generation of immigrants will have bolstered the population aged 15ndash64
The number of seniors aged 65 and over is projected to almost double from about 24 million or 167 of population in 2017 to almost 46 million or 248 by 2041 In 2015 for the first time seniors accounted for a larger share of population than children aged 0ndash14
The number of Ontarians aged 15ndash64 is projected to increase from 96 million in 2017 to 112 million by 2041 This age group is projected to decline as a share of total population from 676 in 2017 to 604 by 2041 As baby boomers continue to turn age 65 the growth in population aged 15ndash64 slows until 2027ndash28 and then accelerates over the remainder of the projection
The median age of Ontariorsquos population is projected to rise from 41 years in 2017 to 44 years in 2041 The median age for women climbs from 42 to 45 years over the projection period while for men it is projected to increase from 40 to 43 years
All regions see a shift to an older age structure The GTA is expected to remain the region with the youngest age structure as a result of strong international migration and positive natural increase
Socio Economic Indicators 18
‐
‐
‐ ‐
Municipal Study 2018
Age Demographics 2016 Stats Canada
Municipality 0 19 20‐44 45 64 65+ Municipality 0 19 20‐44 45‐64 65+
Bancroft 18 22 29 31 Aurora 25 30 32 13
Belleville 21 29 28 21 Brampton 27 36 25 11
Brockville 18 26 30 26 Brock 22 27 31 21
Cornwall 21 28 28 23 Burlington 23 30 28 19
Kingston 20 33 27 19 Caledon 26 29 31 13
North Stormont 24 30 31 14 Clarington 25 33 28 14
Ottawa 23 34 28 15 East Gwillimbury 23 30 32 15 Peterborough 20 31 26 22 Georgina 23 31 32 15 Prince Edward County 16 21 33 30 Halton Hills 26 29 31 13 Quinte West 22 28 30 19 King 25 29 31 15
Eastern Avg 20 28 29 22 Markham 23 32 29 15
Provincial Average 22 32 28 17 Milton 32 37 22 9
Mississauga 24 33 29 14
Newmarket
Oakville
25
27
31
29
31
30
14
15 Fort Erie 19 24 33 24
Oshawa 22 32 29 17 Grimsby 23 29 29 19
Pickering 23 31 31 15 Hamilton 22 32 28 17
Richmond Hill 24 31 31 15 Lincoln 23 27 28 21
Toronto 20 38 27 16 Niagara Falls 21 29 30 20
Vaughan 26 32 28 14 Niagara‐on‐the‐Lake 16 21 32 31
Whitby 27 32 29 13 Pelham 21 23 32 24
Whitchurch‐Stouffville 26 32 26 16 Port Colborne 19 25 32 25
St Catharines 20 31 28 22 GTA Avg 25 31 29 15
Thorold 22 33 29 16 Provincial Average 22 32 28 17
Wainfleet 22 25 34 18
Municipality 0 19 20‐44 45‐64 65+
Welland 20 29 29 21
West Lincoln 27 29 29 15
NiagaraHamilton Avg 21 27 30 21
Provincial Average 22 32 28 17
SourcemdashStats Canada Census 2016
Socio Economic Indicators 19
‐
Elliot Lake 14 18 30 38
Espanola 19 27 32 22
Greater Sudbury 21 31 29 18
Greenstone 22 27 33 18
Kenora 21 29 31 19
North Bay 21 31 29 20
Parry Sound 18 26 29 27
Sault Ste Marie 19 28 30 22
Thunder Bay 20 31 29 20
Timmins 23 31 30 15
North Avg 20 28 30 22
Provincial Average 22 32 28 17
Municipal Study 2018
Age Demographics (contrsquod)
Municipality 0 19 20‐44 45‐64 65+
Municipality 0‐19 20‐44 45‐64 65+
Barrie 25 34 27 14
Bracebridge 19 25 31 25
Collingwood 19 26 28 26
Gravenhurst 16 24 33 28
Huntsville 20 27 32 22
Innisfil 24 30 31 15
Midland 19 26 31 25
Orangeville 26 33 27 14
Orillia 19 29 28 24
Penetanguishene 18 26 32 24
Springwater 25 28 33 15
Tay 19 26 34 21
Tiny 17 22 35 26
SimcoeMuskDuff Avg 20 27 31 21
Provincial Average 22 32 28 17
Municipality 0‐19 20‐44 45‐64 65+
Brant 23 27 31 19
Brantford 24 31 28 17
Brockton 22 26 30 21
Cambridge 25 33 28 15
Central Elgin 22 25 34 20
Centre Wellington 24 27 29 20
Chatham‐Kent 22 27 30 21
Erin 23 25 37 15
Grey Highlands 22 25 31 22
Guelph 23 36 26 15
Guelph‐Eramosa 23 26 33 17
Haldimand 23 27 31 18
Ingersoll 25 30 29 16
Kincardine 21 27 30 22
Kitchener 23 36 27 14
Lambton Shores 16 21 33 29
London 22 34 27 17
Mapleton 36 30 24 10
Meaford 18 22 32 28
Middlesex Centre 26 26 30 17
Minto 24 27 28 20
Norfolk 21 26 31 22
North Dumfries 26 28 31 14
North Middlesex 25 27 29 19
North Perth 27 30 25 18
Owen Sound 20 27 28 25
Puslinch 21 23 35 22
Sarnia 20 29 29 22
Saugeen Shores 19 27 30 24
St Marys 22 28 27 23
St Thomas 23 29 28 19
Stratford 21 29 30 21
Strathroy‐Caradoc 23 28 29 20
Tillsonburg 20 26 26 28
Waterloo 23 36 27 14
Wellesley 35 29 25 12
Wellington North 25 27 28 21
Wilmot 26 29 27 19
Windsor 22 32 28 18
Woolwich 28 30 26 17
Southwest Avg 23 28 29 19
Provincial Average 22 32 28 17 SourcemdashStats Canada Census 2016
Socio Economic Indicators 20
Municipal Study 2018
2018 Estimated Average Household Income Household income is one measure of a communityrsquos ability to pay for services While a higher relative household income is a positive indicator of the overall local economy it may lead to a greater expectation for quality programs and additional challenges in balancing desired levels of service with a willingness to pay for programs and services
Municipality
Elliot Lake $ 62158
Bancroft $ 65292
Owen Sound $ 70778
Midland $ 72919
Windsor $ 74671
Orillia $ 74970
Chatham‐Kent $ 77014
Belleville $ 77388
Niagara Falls $ 79768
Wellington North $ 80639
Fort Erie $ 81046
Quinte West $ 82770
Minto $ 83431
Tay $ 83731
Gravenhurst $ 83879
Espanola $ 84143
Greenstone $ 86104
Cornwall 62750 $
Parry Sound 67600 $
Brockville 71084 $
Welland 73910 $
St Thomas 74793 $
Port Colborne 76517 $
Tillsonburg 77240 $
Peterborough 79479 $
St Catharines 80012 $
Brantford 80735 $
North Bay 82320 $
Sault Ste Marie 82955 $
Thorold 83547 $
Penetanguishene 83774 $
Stratford 84065 $
Norfolk 84393 $
London 86126 $
Thunder Bay $ 87350
Municipality Municipality
St Marys $ 88756
Lambton Shores $ 88976
Oshawa $ 90192
North Perth $ 90553
North Stormont $ 91502
Brockton $ 92228
Prince Edward County $ 92682
Hamilton $ 93423
North Middlesex $ 94212
Kenora $ 96224
Haldimand $ 96891
Greater Sudbury $ 97604
Georgina $ 98312
Tiny $ 100784
Brampton $ 102663
Wainfleet $ 103485
Mapleton $ 107206
West Lincoln $ 107846
Strathroy‐Caradoc 88913 $
Collingwood 89612 $
Ingersoll 90487 $
Kitchener 90901 $
Kingston 91580 $
Bracebridge 92397 $
Brock 92943 $
Huntsville 94047 $
Sarnia 94588 $
Timmins 96423 $
Barrie 97290 $
Cambridge 97643 $
Guelph 100108 $
Orangeville 101444 $
Grey Highlands 102808 $
Centre Wellington 106318 $
Innisfil 107643 $
Mississauga $ 109999
Ottawa $ 111599
Lincoln $ 113606
Clarington $ 116511
Markham $ 118152
Wilmot $ 120075
Richmond Hill $ 121671
Newmarket $ 123590
Burlington $ 125873
Wellesley $ 127485
Milton $ 128664
North Dumfries $ 133048
Halton Hills $ 136293
Springwater $ 139363
Middlesex Centre $ 141189
Erin $ 142361
Aurora $ 155457
Oakville $ 179132
Central Elgin 110954 $
Brant 111853 $
Waterloo 114438 $
Grimsby 116929 $
Niagara‐on‐the‐Lake 118156 $
Saugeen Shores 120585 $
Kincardine 122567 $
Pickering 124559 $
Pelham 126655 $
Woolwich 128111 $
Whitby 128665 $
East Gwillimbury 135968 $
Guelph‐Eramosa 136490 $
Vaughan 139474 $
Whitchurch‐Stouffville 142060 $
Caledon 145664 $
Puslinch 179036 $
Meaford 87359 $ Toronto 107968 $ King 187349 $
Average $ 102194
SourcemdashManifold Data Mining Median 95406 $
Socio Economic Indicators 21
Municipal Study 2018
2018 Average Household Income by Geographic Location
The following table provides the estimated average household income in 2018 for each of the
municipalities SourcemdashManifold Data Mining summarized by geographic area
3
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Cornwall $ 62750 low
Bancroft $ 65292 low
Brockvil le $ 71084 low
Bellevil le $ 77388 low
Peterborough $ 79479 low
Quinte West $ 82770 low
North Stormont $ 91502 mid
Kingston $ 91580 mid
Prince Edward County $ 92682 mid
Ottawa $ 111599
Eastern Avg $ 82613
high
6
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Midland $ 72919 low
Orill ia $ 74970 low
Tay $ 83731 low
Penetanguishene $ 83774 low
Gravenhurst $ 83879 low
Collingwood $ 89612 mid
Bracebridge $ 92397 mid
Huntsvil le $ 94047 mid
Barrie $ 97290 mid
Tiny $ 100784 mid
Orangevil le $ 101444 mid
Innisfi l $ 107643 mid
Springwater $ 139363
SimcoeMuskDuff Avg $ 93989
high
1
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Oshawa
Brock
Georgina
Brampton
Toronto
Mississauga
Clarington
Markham
Richmond Hill
Newmarket
Pickering
Burlington
Milton
Whitby
East Gwill imbury
Halton Hills
Vaughan
Whitchurch‐Stouffvil le
Caledon
Aurora
Oakville
King
90192 $
92943 $
98312 $
102663 $
107968 $
109999 $
116511 $
118152 $
121671 $
123590 $
124559 $
125873 $
128664 $
128665 $
135968 $
136293 $
139474 $
142060 $
145664 $
155457 $
179132 $
187349 $
mid
mid
mid
mid
mid
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 127780 $
Socio Economic Indicators 22
Municipal Study 2018
Average Household Income by Geographic Location (contrsquod)
2
Municipality
2018 Income Ranking
2018 Est Avg
Household Income
5
Municipality
2018
Income Ranking
2018 Est Avg
Household Income
low Welland $ 73910
low Port Colborne $ 76517
low Niagara Falls $ 79768
low St Catharines $ 80012
low Fort Erie $ 81046
low Thorold $ 83547
mid Hamilton $ 93423
mid Wainfleet $ 103485
mid West Lincoln $ 107846
Lincoln $ 113606
Grimsby $ 116929
Niagara‐on‐the‐Lake $ 118156
Pelham $ 126655
high
high
high
high
NiagaraHamilton Avg $ 96531
4
Municipality
2018 Est Avg
Household Income
2018 Income Ranking
Elliot Lake $ 62158 low
Parry Sound $ 67600 low
North Bay $ 82320 low
Sault Ste Marie $ 82955 low
Espanola $ 84143 low
Greenstone $ 86104 low
Thunder Bay $ 87350 low
Kenora $ 96224 mid
Timmins $ 96423 mid
Greater Sudbury $ 97604 mid
North Avg $ 84288
low Owen Sound $ 70778
low Windsor $ 74671
low St Thomas $ 74793
low Chatham‐Kent $ 77014
low Tillsonburg $ 77240
low Wellington North $ 80639
low Brantford $ 80735
low Minto $ 83431
low Stratford $ 84065
low Norfolk $ 84393
low London $ 86126
low Meaford $ 87359
mid St Marys $ 88756
mid Strathroy‐Caradoc $ 88913
mid Lambton Shores $ 88976
mid Ingersoll $ 90487
mid North Perth $ 90553
mid Kitchener $ 90901
mid Brockton $ 92228
mid North Middlesex $ 94212
mid Sarnia $ 94588
mid Haldimand $ 96891
mid Cambridge $ 97643
mid Guelph $ 100108
mid Grey Highlands $ 102808
mid Centre Wellington $ 106318
mid Mapleton $ 107206
Central Elgin $ 110954
Brant $ 111853
Waterloo $ 114438
Wilmot $ 120075
Saugeen Shores $ 120585
Kincardine $ 122567
Wellesley $ 127485
Woolwich $ 128111
North Dumfries $ 133048
Guelph‐Eramosa $ 136490
Middlesex Centre $ 141189
Erin $ 142361
Puslinch $ 179036
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg $ 102001
Socio Economic Indicators 23
Municipal Study 2018
Summary 2018 Average Household Income by Geographic Location
GTA
Southwest
NiagaraHamilton
SimcoeMuskDuff
North
Eastern
Socio Economic Indicators 24
Municipal Study 2018
Land Area and Density
Population density indicates the number of residents living in an area (usually measured by square kilometre) Density readings can lend insight into the age of a city growth patterns zoning practices new development opportunities and the level of multi‐family unit housing High population density can also
indicate whether a municipality may be reaching build‐out as well as service and infrastructure needs such as additional public transit or street routes As stated by the Province of Ontario in their InfoSheet Planning for Intensification some of the benefits of intensification include
Using resources such as lands buildings and infrastructure more effectively
Protecting the natural environment and biodiversity by limiting urban expansion
Incorporating green features that offset and support new development
Creating active streets that promote healthier patterns of human activity
Creating economic opportunities
Reducing carbon footprint
Improving access to public transit
Enhancing community identity
Improving municipal fiscal performance
Socio Economic Indicators 25
Municipal Study 2018
Land Area and Density (sorted by population density)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking Municipality
Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Greenstone 2767 2 low Espanola 83 61 mid
North Middlesex 598 11 low Centre Wellington 408 74 mid
Grey Highlands 883 12 low Kenora 212 74 mid
North Stormont 516 14 low Tay 139 76 mid
Timmins 2979 14 low Strathroy‐Caradoc 271 80 mid
Ell iot Lake 715 15 low Woolwich 326 82 mid
Brockton 565 17 low King 333 83 mid
Bancroft 230 18 low Wilmot 264 83 mid
Meaford 589 19 low Saugeen Shores 171 86 mid
Mapleton 535 21 low Quinte West 494 92 mid
Kincardine 538 22 low East Gwill imbury 245 105 mid
Wellington North 526 24 low Caledon 688 105 mid
Prince Edward County 1050 24 low Pelham 126 142 mid
Gravenhurst 518 25 low Niagara‐on‐the‐Lake 133 144 mid
Bracebridge 628 27 low Innisfi l 263 151 mid
North Perth 493 28 low Lincoln 163 155 mid
Brock 423 29 low Port Colborne 122 156 mid
Huntsvil le 710 29 low Clarington 611 162 mid
Minto 301 30 low North Bay 319 165 mid
Wainfleet 217 31 low Georgina 288 167 mid
Middlesex Centre 588 31 low Fort Erie 166 194 mid
Lambton Shores 331 33 low Bellevil le 247 215 mid
Puslinch 215 36 low Halton Hills 276 234 mid
Tiny 337 37 low Thorold 83 240 mid
Springwater 536 38 low Whitchurch‐Stouffvil le 206 250 mid
Haldimand 1252 38 low Kingston 415 311 mid
West Lincoln 388 40 low Milton 363 329 mid
Erin 298 41 low Sault Ste Marie 223 339 mid
Norfolk 1608 42 low Thunder Bay 328 341 mid
Chatham‐Kent 2458 43 low Ottawa 2790 356 mid
Wellesley 278 43 low Penetanguishene 26 362 mid
Brant 843 46 low Pickering 232 418 mid
Guelph‐Eramosa 292 47 low Grimsby 69 425 mid
Central Elgin 280 47 low Niagara Falls 210 447 mid
Greater Sudbury 3228 52 low Sarnia 165 450 mid
North Dumfries 187 59 low Midland 35 500 mid
Socio Economic Indicators 26
Municipal Study 2018
Land Area and Density (sorted by population density) (contrsquod)
Municipality Land Area
(Sq Km)
2018
Pop
Density Per Sq
Density Ranking
Parry Sound 13 504
Hamilton 1117 506
St Marys 12 628
Welland 81 680
Collingwood 34 705
Til lsonburg 22 750
Cornwall 62 789
Owen Sound 24 909
Whitby 147 929
London 420 968
Burlington 186 1044
Brockvil le 21 1055
Ingersoll 13 1061
Oril l ia 29 1143
St Thomas 36 1148
Stratford 28 1165
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Cambridge 113 1207
Peterborough 64 1326
Brantford 72 1422
St Catharines 96 1448
Oakvil le 139 1487
Barrie 99 1508
Windsor 146 1561
Guelph 87 1622
Markham 212 1668
Waterloo 64 1747
Kitchener 137 1818
Orangeville 16 1951
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
Average 423 547
Median 255 164
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Socio Economic Indicators 27
Municipal Study 2018
Land Area and Density by Geographic Location
3 2018
Population
Density Per Sq Km
Land Area (Sq Km)
Density Ranking
low North Stormont 516 14
low Bancroft 230 18
low Prince Edward County 1050 24
mid Quinte West 494 92
mid Bellevil le 247 215
mid Kingston 415 311
mid Ottawa 2790 356
Cornwall 62 789
Brockvil le 21 1055
Peterborough 64 1326
high
high
high
Eastern Avg 589 420
Median 331 263
2 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Wainfleet 217 31
low West Lincoln 388 40
mid Pelham 126 142
mid Niagara‐on‐the‐Lake 133 144
mid Lincoln 163 155
mid Port Colborne 122 156
mid Fort Erie 166 194
mid Thorold 83 240
mid Grimsby 69 425
mid Niagara Falls 210 447
Hamilton 1117 506
Welland 81 680
St Catharines 96 1448
high
high
high
NiagaraHamilton Avg 229 354
Median 133 194
1 Municipality
Land Area (Sq Km)
2018
Population
Density Per Sq Km
Density Ranking
low Brock 423 29
mid King 333 83
mid East Gwill imbury 245 105
mid Caledon 688 105
mid Clarington 611 162
mid Georgina 288 167
mid Halton Hills 276 234
mid Whitchurch‐Stouffvil le 206 250
mid Milton 363 329
mid Pickering 232 418
Whitby 147 929
Burlington 186 1044
Oshawa 146 1168
Aurora 50 1176
Vaughan 274 1193
Oakville 139 1487
Markham 212 1668
Richmond Hill 101 2046
Newmarket 38 2326
Brampton 266 2436
Mississauga 292 2640
Toronto 630 4587
high
high
high
high
high
high
high
high
high
high
high
high
GTA Avg 279 1117
Median 256 987
Socio Economic Indicators 28
Municipal Study 2018
Land Area and Density by Geographic Location (contrsquod)
4 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
5 Municipality
Land Area
(Sq Km)
2018
Population Density Per Sq Km
Density Ranking
low Greenstone 2767 2
low Timmins 2979 14
low Elliot Lake 715 15
low Greater Sudbury 3228 52
mid Espanola 83 61
mid Kenora 212 74
mid North Bay 319 165
mid Sault Ste Marie 223 339
mid Thunder Bay 328 341
Parry Sound 13 504 high
North Avg 1087 157
Median 324 67
6 Municipality
Density Ranking
Land Area (Sq Km)
2018
Population
Density Per Sq Km
low Gravenhurst 518 25
Bracebridge 628 27 low
low Huntsvil le 710 29
Tiny 337 37 low
low Springwater 536 38
Tay 139 76 mid
mid Innisfil 263 151
Penetanguishene 26 362 mid
mid Midland 35 500
Oril l ia 29 1143
Orangevil le 16 1951
Coll ingwood 34 705 high
high
Barrie 99 1508 high
high
SimcoeMuskDuff Avg 259 504
Median
GTA
SimcoeMuskDuff
Southwest
Eastern
NiagaraHamilton
North
139 151
Population Density Per Sq Km
0 200 400 600 800 1000 1200
low North Middlesex 598 11
low Grey Highlands 883 12
low Brockton 565 17
low Meaford 589 19
low Mapleton 535 21
low Kincardine 538 22
low Wellington North 526 24
low North Perth 493 28
low Minto 301 30
low Middlesex Centre 588 31
low Lambton Shores 331 33
low Puslinch 215 36
low Haldimand 1252 38
low Erin 298 41
low Norfolk 1608 42
low Chatham‐Kent 2458 43
low Wellesley 278 43
low Brant 843 46
low Guelph‐Eramosa 292 47
low Central Elgin 280 47
low North Dumfries 187 59
mid Centre Wellington 408 74
mid Strathroy‐Caradoc 271 80
mid Woolwich 326 82
mid Wilmot 264 83
mid Saugeen Shores 171 86
mid Sarnia 165 450
St Marys 12 628
Til lsonburg 22 750
Owen Sound 24 909
London 420 968
Ingersoll 13 1061
St Thomas 36 1148
Stratford 28 1165
Cambridge 113 1207
Brantford 72 1422
Windsor 146 1561
Guelph 87 1622
Waterloo 64 1747
Kitchener 137 1818
high
high
high
high
high
high
high
high
high
high
high
high
high
Southwest Avg 411 439
Median 286 53
Socio Economic Indicators 29
Municipal Study 2018
Labour Statistics
The labour force is defined as the number of people aged 15 and over who are employed and unemployed Labour force statistics are an important measure of the economyrsquos potential The larger the percentage of the population that enters the labour force the larger the potential output and standard of living Growth
in the labour force implies expansion potential The rate of employment of the communityrsquos citizens is a measure of and an influence on the communityrsquos ability to support its local business sector A decline in employment base or higher than average rates of unemployment can be a warning signal that overall economic activity may be declining Unemployment does not capture working age residents who are unemployed and are no longer actively seeking employment The employment rate provides a fuller picture of employment in the community
Socio Economic Indicators 30
‐
‐
‐
Municipal Study 2018
Labour Statistics CMA
CMA
Employment Rate Sept
2018
Employment Change 2017 2018
Participation Rate
Participation Rate Change 2017 2018
Unemployment Rate Sept 2018
Unemployment Rate Change 2017 2018
Barrie
Brantford
Greater Sudbury
Guelph
Hamilton
Kingston
KitchenerCambridge Waterloo
London
Oshawa
Ottawa‐Gatineau
Peterborough
St Catharines‐Niagara
Thunder Bay
Toronto
Windsor
670
583
574
652
611
606
680
583
652
641
615
569
614
614
554
‐09
‐38
‐05
‐37
‐42
‐11
07
25
15
06
15
03
15
‐06
‐22
712
619
613
677
644
642
717
614
691
671
652
615
648
654
597
‐11
‐38
‐03
‐55
‐38
‐11
10
24
22
‐03
11
10
17
‐06
‐14
58
58
64
36
52
55
51
52
56
45
56
75
53
61
73
‐02
04
04
‐23
10
01
03
‐02
08
‐13
‐12
10
02
00
16
Ontario 609 ‐02 645 ‐03 57 00
Source Stats Canada
Socio Economic Indicators 31
Municipal Study 2018
32
Assessment Per Capita (Sorted by Unweighted Assessment)
Property assessment is the basis upon
which municipalities raise taxes A
strong assessment base is critical to a
municipalityrsquos ability to generate
revenues Assessment per capita
statistics have been compared to
provide an indication of the ldquorichnessrdquo of
the assessment base in each
municipality
Unweighted assessment provides the actual current value assessment of the
properties
Weighted assessment reflects the basis
upon which property taxes are levied
after applying the tax ratios to the
various property classes to the
unweighted assessment
Socio Economic Indicators
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Windsor 70740 $ $ 89181 low low
Espanola 74662 $ $ 95740 low low
Cornwall 77046 $ $ 101758 low low
St Thomas 79492 $ $ 94092 low low
Timmins 80049 $ $ 96701 low low
Welland 82100 $ $ 91809 low low
Sault Ste Marie 87701 $ $ 112497 low low
Owen Sound 90150 $ $ 109736 low low
Thunder Bay 92226 $ $ 114994 low low
Ingersoll 92868 $ $ 113347 low low
Bancroft 94650 $ $ 95422 low low
Port Colborne 96242 $ $ 107878 low low
Quinte West 96974 $ $ 106167 low low
Sarnia 97322 $ $ 112509 low low
Tillsonburg 98390 $ $ 116633 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Brantford 102171 $ $ 122952 low low
St Catharines 103081 $ $ 119650 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Peterborough 104810 $ $ 118983 low low
London 105144 $ $ 120661 low low
Parry Sound 105525 $ $ 122599 low low
St Marys 105921 $ $ 120810 low low
Penetanguishene 108151 $ $ 111153 low low
Thorold 109101 $ $ 121396 low low
Midland 110881 $ $ 117659 low low
Kenora 111838 $ $ 132512 low mid
Fort Erie 111853 $ $ 119871 low low
Kitchener 116058 $ $ 136243 low mid
Minto 116637 $ $ 99007 low low
Oshawa 116675 $ $ 131036 low mid
Stratford 117383 $ $ 142680 low mid
Orillia 118401 $ $ 140299 low mid
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Niagara Falls $ 119136 $ 145134 mid mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Hamilton $ 123694 $ 146819 mid mid
Tay $ 124259 $ 122533 mid low
Orangeville $ 127343 $ 136426 mid mid
Kingston $ 128262 $ 146747 mid mid
Barrie $ 129721 $ 139665 mid mid
Greenstone $ 130518 $ 127794 mid mid
West Lincoln $ 130985 $ 121413 mid low
Haldimand $ 131748 $ 125004 mid mid
Clarington $ 133155 $ 136930 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Brampton $ 140308 $ 149135 mid mid
Lincoln $ 141793 $ 142067 mid mid
Pelham $ 142156 $ 141412 mid mid
Grimsby $ 143810 $ 153059 mid mid
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Whitby $ 150288 $ 161449 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wainfleet $ 153135 $ 138714 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
North Stormont $ 157983 $ 105544 mid low
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Ottawa $ 164103 $ 194028 mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Prince Edward County $ 165730 $ 157062 mid mid
high
high
high
high
Wellesley 167265 $ $ 136354 mid mid
Socio Economic Indicators 33
Municipal Study 2018
Assessment Per Capita (Sorted by Unweighted Assessment ) (contrsquod)
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Collingwood $ 170793 $ 177145
Pickering $ 175091 $ 187269
Springwater $ 177271 $ 165762
Saugeen Shores $ 177948 $ 174964
Innisfil $ 179107 $ 175252
Milton $ 183143 $ 197531
Huntsville $ 184033 $ 184555
Bracebridge $ 186068 $ 186348
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Burlington $ 207355 $ 234312
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Whitchurch‐Stouffvill $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Lambton Shores $ 245964 $ 216573
Niagara‐on‐the‐Lake $ 259936 $ 274476
Gravenhurst $ 261645 $ 262220
North Middlesex $ 263607 $ 135367
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
Puslinch $ 276942 $ 290895
Tiny $ 305257 $ 298534
King $ 310146 $ 297667
Average $ 154140 $ 156898 Median $ 141974 $ 139982
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high mid
high high
high high
high high
high high
high high
high high
high high
high high
high high
high mid
high high
high high
high high
high high
high high
high high
Socio Economic Indicators 34
Municipal Study 2018
Taxable Assessment Per Capita (Grouped by Location sorted by unweighted assessment)
Eastern Municipalities 3
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Cornwall 77046 $ $ 101758 low low
Bancroft 94650 $ $ 95422 low low
Quinte West 96974 $ $ 106167 low low
Brockville 99130 $ $ 121702 low low
Belleville 99663 $ $ 126825 low mid
Peterborough 104810 $ $ 118983 low low
Kingston 128262 $ $ 146747 mid mid
North Stormont 157983 $ $ 105544 mid low
Ottawa 164103 $ $ 194028 mid high
Prince Edward County 165730 $ $ 157062 mid mid
Eastern Avg 118835 $ $ 127424
Median 102236 $ $ 120342
NiagaraHamilton Municipalities
2
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Welland 82100 $ $ 91809 low low
Port Colborne 96242 $ $ 107878 low low
St Catharines 103081 $ $ 119650 low low
Thorold 109101 $ $ 121396 low low
Fort Erie 111853 $ $ 119871 low low
Niagara Falls 119136 $ $ 145134 mid mid
Hamilton 123694 $ $ 146819 mid mid
West Lincoln 130985 $ $ 121413 mid low
Lincoln 141793 $ $ 142067 mid mid
Pelham 142156 $ $ 141412 mid mid
Grimsby 143810 $ $ 153059 mid mid
Wainfleet 153135 $ $ 138714 mid mid
Niagara‐on‐the‐Lake 259936 $ $ 274476 high high
NiagaraHamilton Avg $ 132079 $ 140285
Median $ 123694 $ 138714
Socio Economic Indicators 35
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
GTA Municipalities
1
Municipality
2018 Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Oshawa $ 116675 $ 131036 low mid
Clarington $ 133155 $ 136930 mid mid
Brampton $ 140308 $ 149135 mid mid
Whitby $ 150288 $ 161449 mid mid
Georgina $ 154729 $ 153478 mid mid
Brock $ 155114 $ 137843 mid mid
Pickering $ 175091 $ 187269
Milton $ 183143 $ 197531
Newmarket $ 190605 $ 197521
Halton Hills $ 191864 $ 202944
Mississauga $ 195204 $ 220161
Burlington $ 207355 $ 234312
Whitchurch‐Stouffville $ 220586 $ 220377
Toronto $ 222667 $ 320682
Caledon $ 236060 $ 235797
East Gwillimbury $ 240312 $ 235891
Markham $ 241816 $ 249067
Aurora $ 244870 $ 250861
Richmond Hill $ 264402 $ 270035
Oakville $ 272192 $ 296552
Vaughan $ 272434 $ 286894
King $ 310146 $ 297667
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
high high
GTA Avg $ 205410 $ 216974
Median $ 201279 $ 220269
Socio Economic Indicators 36
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment)
Northern Municipalities 4
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Elliot Lake 49556 $ $ 55809 low low
Espanola 74662 $ $ 95740 low low
Timmins 80049 $ $ 96701 low low
Sault Ste Marie 87701 $ $ 112497 low low
Thunder Bay 92226 $ $ 114994 low low
Greater Sudbury 104015 $ $ 127985 low mid
North Bay 104307 $ $ 124452 low mid
Parry Sound 105525 $ $ 122599 low low
Kenora 111838 $ $ 132512 low mid
Greenstone 130518 $ $ 127794 mid mid
North Avg 94040 $ $ 111108
Median 98121 $ $ 118797
SimcoeMuskokaDufferin Municipalities
6
Municipality
2018
Unweighted Assessment per Capita
2018
Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Penetanguishene 108151 $ $ 111153 low low
Midland 110881 $ $ 117659 low low
Orillia 118401 $ $ 140299 low mid
Tay 124259 $ $ 122533 mid low
Orangeville 127343 $ $ 136426 mid mid
Barrie 129721 $ $ 139665 mid mid
Collingwood 170793 $ $ 177145 high high
Springwater 177271 $ $ 165762 high high
Innisfil 179107 $ $ 175252 high high
Huntsville 184033 $ $ 184555 high high
Bracebridge 186068 $ $ 186348 high high
Gravenhurst 261645 $ $ 262220 high high
Tiny 305257 $ $ 298534 high high
SimcoeMuskDuff Avg $ 167918 $ 170581
Median $ 170793 $ 165762
Socio Economic Indicators 37
Municipal Study 2018
Taxable Assessment Per Capita (contrsquod) (Grouped by Location sorted by unweighted assessment) Southwest Municipalities
5
Municipality
2018
Unweighted Assessment per Capita
2018 Weighted Assessment per Capita
Unweighted Ranking
Weighted Ranking
Windsor $ 70740 $ 89181 low low
St Thomas $ 79492 $ 94092 low low
Owen Sound $ 90150 $ 109736 low low
Ingersoll $ 92868 $ 113347 low low
Sarnia $ 97322 $ 112509 low low
Tillsonburg $ 98390 $ 116633 low low
Brantford $ 102171 $ 122952 low low
London $ 105144 $ 120661 low low
St Marys $ 105921 $ 120810 low low
Kitchener $ 116058 $ 136243 low mid
Minto $ 116637 $ 99007 low low
Stratford $ 117383 $ 142680 low mid
Chatham‐Kent $ 119182 $ 95494 mid low
Strathroy‐Caradoc $ 120420 $ 112270 mid low
Cambridge $ 121506 $ 147676 mid mid
Haldimand $ 131748 $ 125004 mid mid
Guelph $ 139291 $ 165252 mid
Norfolk $ 139339 $ 123997 mid low
Brockton $ 139798 $ 106270 mid low
Wellington North $ 147042 $ 114949 mid low
Central Elgin $ 148557 $ 128634 mid mid
Centre Wellington $ 152007 $ 144000 mid mid
Wilmot $ 159381 $ 150091 mid mid
Meaford $ 161150 $ 146718 mid mid
Brant $ 161479 $ 154147 mid mid
Waterloo $ 164531 $ 194966 mid
Woolwich $ 165349 $ 166951 mid
Wellesley $ 167265 $ 136354
high high
high mid
high high
high high
high high
high high
high mid
high high
high mid
high high
high mid
high high
mid mid
Saugeen Shores $ 177948 $ 174964
North Perth $ 187449 $ 127259
North Dumfries $ 188250 $ 198361
Kincardine $ 196159 $ 175934
Guelph‐Eramosa $ 201118 $ 181487
Erin $ 202247 $ 186496
Middlesex Centre $ 205689 $ 155170
Grey Highlands $ 209673 $ 176167
Mapleton $ 213981 $ 135649
Lambton Shores $ 245964 $ 216573
North Middlesex $ 263607 $ 135367
Puslinch $ 276942 $ 290895
high
high
high
Southwest Avg $ 152484 $ 143624
Median $ 147800 $ 135946
Socio Economic Indicators 38
‐ ‐
‐ ‐
‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend
The tables on the next several pages reflect the change in unweighted assessment from 2013‐2018 The changes in assessment trends are related to new growth as well as changes in market value of existing properties The changes include the impact of reassessment as well as growth The table has been sorted
from low to high for the 2017‐2018 change in assessment
2013
2014
2014 2015
2015
2016
2016 2017
2017 2018
Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
Brockvil le 47 36 62 ‐25 15 low
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Timmins 71 65 58 ‐10 29 low
Bracebridge 29 25 26 09 30 low
Peterborough 33 29 30 45 30 low
Brant 59 52 59 63 31 low
Gravenhurst 27 31 30 17 33 low
Bellevil le 33 39 29 15 36 low
Saugeen Shores 59 60 51 ‐03 36 low
Huntsville 22 28 24 14 37 low
Ottawa 78 65 72 58 38 low
Fort Erie 20 19 18 ‐02 38 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
Greater Sudbury 83 63 49 ‐10 41 low
Port Colborne 27 30 22 15 43 low
Parry Sound NA NA 27 ‐50 45 low
St Thomas 21 31 30 23 45 low
Sault Ste Marie 73 63 62 22 45 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Stratford 58 40 38 33 47 low
Kingston 59 13 48 37 47 low
Greenstone 23 22 19 34 47 low
Ingersoll 09 54 32 23 48 low
Welland 28 30 19 34 49 low
Tillsonburg 36 33 26 15 50 low
Socio Economic Indicators 39
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
Socio Economic Indicators
2013 ‐
2014 2014 ‐
2015 2015 ‐
2016 2016 ‐
2017 2017 ‐
2018
Ranking 2017 ‐ 2018
Cambridge 41 38 37 43 51 mid
Kenora 67 65 61 38 51 mid
St Catharines 32 28 24 27 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Collingwood NA 36 39 46 56 mid
Kincardine NA NA 54 20 56 mid
Cornwall 106 64 67 ‐14 57 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Orill ia 27 26 23 30 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brock 37 41 37 49 59 mid
Thunder Bay 72 71 75 56 61 mid
Brantford NA NA NA NA 61 mid
Thorold 36 37 39 34 62 mid
Grey Highlands NA 69 64 37 63 mid
Orangevil le 43 41 43 46 64 mid
Lambton Shores 64 57 57 53 65 mid
Wainfleet 31 28 29 63 65 mid
Woolwich 48 53 42 64 65 mid
Pelham 34 33 40 43 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Mississauga 57 55 51 66 67 mid
Barrie 30 33 28 75 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Halton Hills 85 62 48 64 72 mid
Minto NA NA 46 75 73 mid
Hamilton 43 45 48 63 73 mid
Haldimand NA NA NA 51 73 mid
40
Municipal Study 2018
Unweighted AssessmentmdashTrend (contrsquod)
41Socio Economic Indicators
Lincoln 39 45 37 52 76
Middlesex Centre 73 74 66 66 78
Burlington 54 62 53 69 78
Waterloo 66 60 58 56 81
Caledon 74 71 63 73 84
Toronto 65 67 67 88 87
Grimsby 32 48 43 79 88
Brampton 77 74 73 84 88
Wellesley 65 58 50 87 89
Niagara‐on‐the‐Lake 58 97 64 74 90
Wellington North NA NA 55 93 91
Vaughan 77 75 63 90 91
Whitby 51 43 41 96 92
Clarington 73 47 44 86 93
Georgina 49 46 51 87 98
Milton 85 91 76 76 98
Oakville 68 77 69 75 100
Oshawa 38 32 38 106 102
West Lincoln 49 36 45 94 102
Newmarket 80 63 56 93 104
Whitchurch‐Stouffvil le 84 66 57 104 106
Markham 93 85 79 115 106
King 117 103 101 84 107
Mapleton NA NA 84 115 109
Niagara Falls 37 72 50 ‐09 112
Aurora 76 73 88 115 115
Richmond Hill 87 81 75 130 117
North Middlesex NA NA NA 126 118
Springwater 40 48 44 63 121
North Perth NA NA NA 126 122
Innisfil 49 47 61 80 125
Pickering 58 45 46 38 137
East Gwillimbury 88 55 46 134 159
Average 53 50 47 51 67
Median 51 48 46 52 64
2013 ‐
2014 2014 ‐
2015
2015 ‐2016
2016 ‐
2017
2017 ‐
2018
Ranking 2017 ‐ 2018
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
high
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018)
3
Eastern
Brockvil le 47 36 62 ‐25 15 low
Peterborough 33 29 30 45 30 low
Bellevil le 33 39 29 15 36 low
Ottawa 78 65 72 58 38 low
Prince Edward County 58 42 44 50 46 low
Quinte West 35 41 31 28 46 low
Kingston 59 13 48 37 47 low
Cornwall 106 64 67 ‐14 57 mid
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Ranking 2017 ‐ 2018
Average 56 41 48 24 39
Median 53 40 46 33 42
2
NiagaraHamilton
Fort Erie 20 19 18 ‐02 38 low
Port Colborne 27 30 22 15 43 low
Welland 28 30 19 34 49 low
St Catharines 32 28 24 27 51 mid
Thorold 36 37 39 34 62 mid
Wainfleet 31 28 29 63 65 mid
Pelham 34 33 40 43 65 mid
Hamilton 43 45 48 63 73 mid
Lincoln 39 45 37 52 76 high
Grimsby 32 48 43 79 88 high
Niagara‐on‐the‐Lake 58 97 64 74 90 high
West Lincoln 49 36 45 94 102 high
Niagara Falls 37 72 50 ‐09 112 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 36 42 37 44 70
Median 34 36 39 43 65
Socio Economic Indicators 42
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐2018) (contrsquod)
1
GTA
Brock
Mississauga
Halton Hills
Burlington
Caledon
Toronto
Brampton
Vaughan
Whitby
Clarington
Georgina
Milton
Oakville
Oshawa
Newmarket
Whitchurch‐Stouffvil le
Markham
King
Aurora
Richmond Hill
Pickering
East Gwill imbury
Average
Median
37
57
85
54
74
65
77
77
51
56
49
85
68
38
80
84
93
117
76
87
58
88
71
75
2013 ‐2014
41
55
62
62
71
67
74
75
43
47
46
91
77
32
63
66
85
103
73
81
45
55
64
65
2014 ‐2015
37
51
48
53
63
67
73
63
41
44
51
76
69
38
56
57
79
101
88
75
46
46
60
57
2015 ‐2016
49
66
64
69
73
88
84
90
96
86
87
76
75
106
93
104
115
84
115
130
38
134
87
86
2016 ‐2017
59 mid
67 mid
72 mid
78 high
84 high
87 high
88 high
91 high
92 high
93 high
98 high
98 high
100 high
102 high
104 high
106 high
106 high
107 high
115 high
117 high
137 high
159 high
98
98
2017 ‐2018
Ranking 2017 ‐ 2018
Socio Economic Indicators 43
‐ ‐ ‐ ‐ ‐
‐
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
5
Southwest
2013
2014 2014 2015
2015
2016 2016
2017 2017
2018 Ranking 2017 2018
Meaford 56 52 45 04 03 low
Owen Sound 33 25 20 ‐09 14 low
St Marys NA NA 30 31 27 low
Windsor 14 12 14 29 27 low
Brant 59 52 59 63 31 low
Saugeen Shores 59 60 51 ‐03 36 low
Sarnia 21 20 23 25 38 low
London 37 46 35 47 40 low
St Thomas 21 31 30 23 45 low
Stratford 58 40 38 33 47 low
Ingersoll 09 54 32 23 48 low
Tillsonburg 36 33 26 15 50 low
Cambridge 41 38 37 43 51 mid
Kitchener 55 61 53 53 53 mid
Central Elgin NA NA NA 36 54 mid
Kincardine NA NA 54 20 56 mid
Strathroy‐Caradoc NA 45 42 62 57 mid
Wilmot 56 53 52 49 58 mid
Erin NA NA 49 48 59 mid
Brantford NA NA NA NA 61 mid
Grey Highlands NA 69 64 37 63 mid
Lambton Shores 64 57 57 53 65 mid
Woolwich 48 53 42 64 65 mid
Centre Wellington NA NA 48 59 66 mid
North Dumfries 38 36 39 60 67 mid
Guelph 43 64 38 86 67 mid
Chatham‐Kent NA NA 48 53 68 mid
Puslinch NA NA 43 20 71 mid
Guelph‐Eramosa NA NA 46 62 72 mid
Minto NA NA 46 75 73 mid
Haldimand NA NA NA 51 73 mid
Middlesex Centre 73 74 66 66 78
Waterloo 66 60 58 56 81
Wellesley 65 58 50 87 89
Wellington North NA NA 55 93 91
Mapleton NA NA 84 115 109
North Middlesex NA NA NA 126 118
North Perth NA NA NA 126 122
Average 45 48 45 51 60
Median 48 52 46 51 60
high
high
high
high
high
high
high
Socio Economic Indicators 44
Municipal Study 2018
Unweighted AssessmentmdashTrend (Grouped by Location sorted by 2017‐18) (contrsquod)
4
North
North Bay 61 49 51 ‐11 23 low
Elliot Lake NA 51 47 ‐10 23 low
Timmins 71 65 58 ‐10 29 low
Greater Sudbury 83 63 49 ‐10 41 low
Parry Sound NA NA 27 ‐50 45 low
Sault Ste Marie 73 63 62 22 45 low
Greenstone 23 22 19 34 47 low
Kenora 67 65 61 38 51 mid
Thunder Bay 72 71 75 56 61 mid
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
6
SimcoeMuskDuff
Bracebridge 29 25 26 09 30 low
Gravenhurst 27 31 30 17 33 low
Huntsvil le 22 28 24 14 37 low
Collingwood NA 36 39 46 56 mid
Orill ia 27 26 23 30 57 mid
Orangevil le 43 41 43 46 64 mid
Barrie 30 33 28 75 67 mid
Springwater 40 48 44 63 121 high
Innisfi l 49 47 61 80 125 high
Ranking 2017 ‐ 2018
2013 ‐2014
2014 ‐2015
2015 ‐2016
2016 ‐2017
2017 ‐2018
Average 64 56 50 07 41
Median 71 63 51 ‐10 45
Average 33 35 35 42 65
Median 29 33 30 46 57
Socio Economic Indicators 45
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 876 09 95 18 01 01 00
Bancroft 746 46 181 07 00 05 15
Barrie 764 41 170 21 02 02 00
Belleville 708 55 192 27 04 14 00
Bracebridge 877 14 87 11 05 01 05
Brampton 809 19 135 33 02 02 00
Brant 702 04 49 40 04 200 01
Brantford 757 43 150 43 02 04 00
Brock 754 08 40 10 02 182 03
Brockton 571 19 57 07 02 341 02
Brockville 761 65 145 25 04 00 00
Burlington 789 37 140 27 02 04 00
Caledon 793 02 105 35 01 57 07
Cambridge 752 44 149 51 02 03 00
Central Elgin 732 01 36 05 03 220 01
Centre Wellington 774 10 51 16 02 145 02
Chatham‐Kent 508 14 70 15 08 384 00
Clarington 858 09 67 21 04 39 02
Collingwood 842 18 122 16 01 01 00
Cornwall 684 55 236 20 03 02 00
East Gwillimbury 867 03 68 12 02 46 02
Elliot Lake 805 76 105 06 08 00 00
Erin 804 02 32 12 01 144 06
Espanola 836 16 111 30 05 01 02
Fort Erie 885 11 72 13 04 15 00
Georgina 903 12 55 03 02 25 01
Gravenhurst 908 09 71 03 07 01 02
Greater Sudbury 801 40 130 23 03 01 00
Greenstone 264 06 159 11 559 00 00
Grey Highlands 703 03 23 22 01 235 14
Grimsby 884 07 78 11 02 18 00
Guelph 786 46 124 42 02 00 00
Guelph‐Eramosa 757 02 42 11 02 184 01
Haldimand 739 07 46 27 11 169 01
Halton Hills 834 09 94 30 01 30 01
Hamilton 820 41 100 16 04 19 00
Socio Economic Indicators 46
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Huntsville 860 09 104 12 09 01 05
Ingersoll 810 19 101 66 03 01 00
Innisfil 871 02 64 08 04 51 01
Kenora 823 17 119 21 20 01 00
Kincardine 628 09 104 46 00 212 02
King 886 02 35 08 03 64 03
Kingston 764 80 138 11 03 04 00
Kitchener 794 67 124 14 00 01 00
Lambton Shores 715 07 55 07 02 213 00
Lincoln 775 06 61 28 05 124 00
London 815 37 124 12 02 09 00
Mapleton 415 01 18 19 05 540 03
Markham 848 10 123 16 01 02 00
Meaford 806 18 28 02 05 133 09
Middlesex Centre 594 03 28 03 31 340 01
Midland 758 40 168 29 02 02 00
Milton 819 07 115 35 05 18 02
Minto 608 05 66 23 02 295 01
Mississauga 727 37 198 37 01 00 00
Newmarket 840 15 122 21 01 00 00
Niagara Falls 695 27 256 11 04 07 00
Niagara‐on‐the‐Lake 747 03 147 09 03 89 00
Norfolk 700 07 57 12 06 215 04
North Bay 766 46 156 18 13 00 00
North Dumfries 702 02 87 54 42 111 01
North Middlesex 303 04 18 07 07 658 04
North Perth 441 06 57 19 02 475 00
North Stormont 494 04 26 05 02 468 02
Oakville 845 19 115 18 01 01 00
Orangeville 834 20 129 16 01 00 00
Orillia 755 55 171 16 02 00 00
Oshawa 792 58 125 19 02 04 00
Ottawa 756 54 170 10 02 08 00
Owen Sound 750 70 162 14 03 01 00
Parry Sound 727 37 222 11 02 01 00
Pelham 895 07 34 01 06 56 01
Socio Economic Indicators 47
Municipal Study 2018
2018 Unweighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Penetanguishene 895 22 59 20 03 01 01
Peterborough 783 73 129 13 02 01 00
Pickering 829 08 122 21 02 18 00
Port Colborne 829 21 73 43 05 28 00
Prince Edward County 847 14 46 06 01 84 02
Puslinch 791 01 78 48 03 73 06
Quinte West 767 26 146 16 08 37 01
Richmond Hill 892 12 83 12 01 01 00
Sarnia 774 39 125 32 07 23 00
Saugeen Shores 885 16 56 01 02 39 01
Sault Ste Marie 780 54 145 16 04 00 00
Springwater 842 02 36 09 06 99 05
St Catharines 789 51 136 14 02 08 00
St Marys 828 16 79 68 03 07 00
St Thomas 827 40 94 31 03 04 00
Stratford 792 46 123 32 02 04 00
Strathroy‐Caradoc 706 23 71 25 22 151 01
Tay 920 00 40 05 03 27 05
Thorold 803 47 82 33 11 23 00
Thunder Bay 791 40 153 13 03 00 00
Tillsonburg 824 33 100 35 03 06 00
Timmins 801 20 147 26 05 02 00
Tiny 945 02 12 01 03 31 05
Toronto 745 67 175 13 01 00 00
Vaughan 787 03 155 52 01 02 00
Wainfleet 813 00 20 04 05 156 01
Waterloo 746 94 137 20 01 00 00
Welland 854 37 85 15 04 04 00
Wellesley 595 01 24 44 02 332 02
Wellington North 524 11 54 23 02 384 02
West Lincoln 751 03 35 16 13 181 01
Whitby 860 21 97 16 02 04 00
Whitchurch‐Stouffville 888 06 65 17 01 22 02
Wilmot 786 08 40 11 03 150 01
Windsor 758 40 158 39 04 02 00
Woolwich 697 09 99 33 03 158 01
Average 766 23 99 20 09 80 01 Median 789 16 98 16 03 14 00 Min 264 00 12 01 00 00 00 Max 945 94 256 68 559 658 15
Socio Economic Indicators 48
Municipal Study 2018
Top 10 Municipalities With Highest Proportion of Unweighted Assessment Per Type of Assessment
Municipality Residential
Tiny 945
Tay 920
Gravenhurst 908
Georgina 903
Pelham 895
Penetanguishene 895
Richmond Hill 892
Whitchurch‐Stouffville 888
King 886
Saugeen Shores 885
Municipality Industrial
St Marys 68
Ingersoll 66
North Dumfries 54
Vaughan 52
Cambridge 51
Puslinch 48
Kincardine 46
Wellesley 44
Port Colborne 43
Brantford 43
Municipality Multi‐Residential
Waterloo 94
Kingston 80
Elliot Lake 76
Peterborough 73
Owen Sound 70
Toronto 67
Kitchener 67
Brockville 65
Oshawa 58
Orillia 55
Municipality Pipelines
Greenstone 559
North Dumfries 42
Middlesex Centre 31
Strathroy‐Caradoc 22
Kenora 20
West Lincoln 13
North Bay 13
Thorold 11
Haldimand 11
Huntsville 09
Municipality Commercial
Niagara Falls 256
Cornwall 236
Parry Sound 222
Mississauga 198
Belleville 192
Bancroft 181
Toronto 175
Orillia 171
Barrie 170
Ottawa 170
Municipality Farmlands
North Middlesex 658
Mapleton 540
North Perth 475
North Stormont 468
Chatham‐Kent 384
Wellington North 384
Brockton 341
Middlesex Centre 340
Wellesley 332
Minto 295
Socio Economic Indicators 49
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically)
Municipality Residential Multi‐
Residential Commercial Industrial Pipelines Farmlands Forests
Aurora 855 09 112 23 01 00 00
Bancroft 740 52 195 08 00 01 04
Barrie 709 38 224 26 02 00 00
Belleville 556 102 286 49 04 03 00
Bracebridge 876 14 94 10 04 00 01
Brampton 761 30 163 44 02 00 00
Brant 735 07 96 103 07 50 00
Brantford 629 65 223 79 03 01 00
Brock 848 18 64 24 03 41 01
Brockton 751 25 92 16 02 112 01
Brockville 620 94 228 53 05 00 00
Burlington 698 65 179 55 02 01 00
Caledon 794 04 139 51 01 10 02
Cambridge 619 62 237 80 02 01 00
Central Elgin 846 03 69 14 05 64 00
Centre Wellington 817 20 79 40 04 38 00
Chatham‐Kent 633 36 172 40 12 106 00
Clarington 834 17 93 43 05 08 01
Collingwood 812 22 144 20 02 00 00
Cornwall 518 96 343 39 04 00 00
East Gwillimbury 883 03 83 17 01 12 01
Elliot Lake 715 135 138 07 05 00 00
Erin 872 04 51 30 02 39 02
Espanola 652 25 166 153 04 00 00
Fort Erie 826 20 113 31 06 04 00
Georgina 910 12 66 04 01 06 00
Gravenhurst 906 09 77 03 05 00 00
Greater Sudbury 651 61 207 75 05 00 00
Greenstone 270 12 227 28 463 00 00
Grey Highlands 836 05 35 49 01 70 04
Grimsby 831 12 124 26 03 04 00
Guelph 663 69 191 75 03 00 00
Guelph‐Eramosa 839 05 69 29 06 51 00
Haldimand 779 14 81 64 17 44 00
Halton Hills 789 17 128 59 01 06 00
Hamilton 691 86 165 48 07 03 00
Huntsville 858 09 112 13 06 00 01
Socio Economic Indicators 50
‐
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Municipality Residential Multi
Residential Commercial Industrial Pipelines Farmlands Forests
Ingersoll 664 37 156 140 03 00 00
Innisfil 890 03 79 10 05 13 00
Kenora 695 22 214 44 25 00 00
Kincardine 700 10 142 89 00 59 00
King 923 02 44 11 03 17 01
Kingston 668 70 236 23 03 01 00
Kitchener 676 97 204 22 00 00 00
Lambton Shores 812 13 100 17 04 55 00
Lincoln 774 11 103 71 09 31 00
London 710 58 207 20 04 01 00
Mapleton 655 03 41 70 16 213 01
Markham 823 10 145 21 01 01 00
Meaford 885 28 39 04 05 36 03
Middlesex Centre 788 06 43 08 44 113 00
Midland 714 48 196 38 03 00 00
Milton 760 12 153 66 05 03 00
Minto 716 11 115 64 06 87 00
Mississauga 645 47 256 51 01 00 00
Newmarket 811 15 144 29 01 00 00
Niagara Falls 571 43 356 23 05 01 00
Niagara‐on‐the‐Lake 708 06 239 20 06 21 00
Norfolk 787 14 107 22 10 60 01
North Bay 642 80 244 21 12 00 00
North Dumfries 666 05 159 97 47 26 00
North Middlesex 590 12 39 22 15 321 02
North Perth 648 15 104 52 05 175 00
North Stormont 740 06 60 15 04 175 01
Oakville 776 35 151 36 01 00 00
Orangeville 779 45 146 30 01 00 00
Orillia 637 66 269 22 06 00 00
Oshawa 706 96 160 35 02 01 00
Ottawa 640 63 275 19 03 01 00
Owen Sound 616 104 248 24 07 00 00
Parry Sound 626 47 312 13 02 00 00
Pelham 900 14 59 03 11 14 00
Penetanguishene 871 27 71 27 04 00 00
Peterborough 690 116 173 19 02 00 00
Socio Economic Indicators 51
Municipal Study 2018
2018 Weighted Assessment Composition (Sorted Alphabetically) (contrsquod)
Multi‐
Municipality Residential Residential Commercial Industrial Pipelines Farmlands Forests
Pickering 775 14 164 41 02 03 00
Port Colborne 739 37 112 96 08 06 00
Prince Edward County 893 21 53 09 01 22 00
Puslinch 753 02 111 110 06 17 01
Quinte West 700 48 202 34 07 08 00
Richmond Hill 873 12 99 15 01 00 00
Sarnia 669 67 186 66 08 04 00
Saugeen Shores 900 16 70 02 02 10 00
Sault Ste Marie 608 46 253 85 06 00 00
Springwater 901 02 47 13 09 26 01
St Catharines 680 83 202 30 03 02 00
St Marys 726 15 106 147 05 02 00
St Thomas 698 79 154 65 03 01 00
Stratford 651 74 200 70 03 01 00
Strathroy‐Caradoc 757 44 86 47 25 41 00
Tay 933 00 48 07 04 07 01
Thorold 722 58 126 71 17 05 00
Thunder Bay 634 75 258 25 07 00 00
Tillsonburg 695 65 159 76 03 01 00
Timmins 663 29 246 52 09 00 00
Tiny 966 03 16 02 04 08 01
Toronto 517 114 343 25 01 00 00
Vaughan 747 03 178 70 01 00 00
Wainfleet 898 01 37 11 10 43 00
Waterloo 630 112 223 32 01 00 00
Welland 764 64 129 35 07 01 00
Wellesley 729 03 58 105 03 102 00
Wellington North 671 27 103 70 07 123 01
West Lincoln 810 07 64 44 25 49 00
Whitby 801 36 130 30 02 01 00
Whitchurch‐Stouffville 889 06 76 22 01 05 00
Wilmot 835 16 82 23 04 40 00
Windsor 601 63 248 82 06 00 00
Woolwich 690 14 190 63 04 39 00
Average 741 35 146 42 10 25 00 Median 737 21 141 31 04 03 00 Min 270 00 16 02 00 00 00 Max 966 135 356 153 463 321 04
Socio Economic Indicators 52
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment
As shown in the table tax ratios typically shift the burden from residential to non‐residential properties
Approximately 64 of the municipalities surveyed have a decrease in tax burden on the Residential class as a result of tax ratios for non‐residential classes greater than 10 The implementation of tax ratios to the assessment base for municipalities with a larger proportion of farmland and managed forest results in an increase in the residential burden
Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted Municipality
Residential Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Toronto 745 517 ‐306 Oshawa 792 706 ‐110
Cornwall 684 518 ‐243 Port Colborne 829 739 ‐108
Sault Ste Marie 780 608 ‐220 Welland 854 764 ‐106
Espanola 836 652 ‐220 Thorold 803 722 ‐101
Belleville 708 556 ‐214 Quinte West 767 700 ‐87
Windsor 758 601 ‐207 Oakville 845 776 ‐82
Thunder Bay 791 634 ‐198 Milton 819 760 ‐73
Greater Sudbury 801 651 ‐187 Barrie 764 709 ‐71
Brockville 761 620 ‐185 Whitby 860 801 ‐69
Ingersoll 810 664 ‐181 Fort Erie 885 826 ‐67
Niagara Falls 695 571 ‐179 Orangeville 834 779 ‐67
Owen Sound 750 616 ‐178 Pickering 829 775 ‐65
Stratford 792 651 ‐177 Grimsby 884 831 ‐60
Cambridge 752 619 ‐177 Brampton 809 761 ‐59
Timmins 801 663 ‐172 Midland 758 714 ‐58
Brantford 757 629 ‐169 Halton Hills 834 789 ‐55
North Bay 766 642 ‐162 Niagara‐on‐the‐Lake 747 708 ‐53
Hamilton 820 691 ‐158 North Dumfries 702 666 ‐51
Guelph 786 663 ‐157 Vaughan 787 747 ‐50
Tillsonburg 824 695 ‐157 Puslinch 791 753 ‐48
St Thomas 827 698 ‐157 Collingwood 842 812 ‐36
Waterloo 746 630 ‐156 Newmarket 840 811 ‐35
Orillia 755 637 ‐156 Markham 848 823 ‐29
Kenora 823 695 ‐156 Clarington 858 834 ‐28
Ottawa 756 640 ‐154 Penetanguishene 895 871 ‐27
Kitchener 794 676 ‐148 Aurora 876 855 ‐24
Parry Sound 727 626 ‐139 Richmond Hill 892 873 ‐21
St Catharines 789 680 ‐138 Woolwich 697 690 ‐10
Sarnia 774 669 ‐135 Bancroft 746 740 ‐08
London 815 710 ‐129 Huntsville 860 858 ‐03
Kingston 764 668 ‐126 Gravenhurst 908 906 ‐02
St Marys 828 726 ‐123 Lincoln 775 774 ‐02
Peterborough 783 690 ‐119 Bracebridge 877 876 ‐02
Burlington 789 698 ‐115 Whitchurch‐Stouffville 888 889 01
Mississauga 727 645 ‐113
Elliot Lake 805 715 ‐112
Caledon 793 794 01
Pelham 895 900 05
Socio Economic Indicators 53
Municipal Study 2018
2018 Shift In Tax BurdenmdashUnweighted to Weighted Residential Assessment (contrsquod)
Municipality
Residential
Unweighted Assessment
Residential Weighted Assessment
Change Unweighted to Weighted
Georgina 903 910 08
Tay 920 933 14
Saugeen Shores 885 900 17
East Gwillimbury 867 883 19
Greenstone 264 270 21
Innisfil 871 890 22
Tiny 945 966 23
King 886 923 42
Brant 702 735 47
Haldimand 739 779 54
Prince Edward County 847 893 55
Centre Wellington 774 817 56
Wilmot 786 835 62
Springwater 842 901 69
Strathroy‐Caradoc 706 757 73
West Lincoln 751 810 79
Erin 804 872 84
Meaford 806 885 98
Wainfleet 813 898 104
Guelph‐Eramosa 757 839 108
Kincardine 628 700 115
Norfolk 700 787 124
Brock 754 848 125
Lambton Shores 715 812 136
Central Elgin 732 846 155
Minto 608 716 178
Grey Highlands 703 836 190
Wellesley 595 729 226
Chatham‐Kent 508 633 248
Wellington North 524 671 279
Brockton 571 751 315
Middlesex Centre 594 788 326
North Perth 441 648 471
North Stormont 494 740 497
Mapleton 415 655 577
North Middlesex 303 590 947
Average 766 741 ‐16 Median 789 737 ‐51 Min 264 270 ‐306 Max 945 966 947
Socio Economic Indicators 54
‐
Municipal Study 2018
Residential Property Types Summary
Residential properties were broken down by the main property types to provide an indication of the housing mix and the median assessment values in each of the area
(000rsquos)
Area Single Family Detached
Home Link
Freehold Town
Semi Detached
Single on Water
Condo Seasonal
Weighted Median Assessed
Values
Total Average 357$ 300 $ 285 $ 253 $ 673 $ 228 $ 405 $ 342 $
Total Median 281$ 256 $ 264 $ 208 $ 550 $ 216 $ 362 $ 306 $
GTA Average 636 $ 452 $ 424 $ 422 $ $ 1181 322 $ 506 $ 556 $
GTA Median 600 $ 450 $ 410 $ 426 $ 718 $ 321 $ 486 $ 538 $
NiagaraHamilton Average 305 $ 270 $ 280 $ 214 $ 598 $ 208 $ 449 $ 299 $
NiagaraHamilton Median 279 $ 278 $ 277 $ 202 $ 538 $ 204 $ 510 $ 309 $
Eastern Average 252 $ 236 $ 234 $ 189 $ 449 $ 202 $ 264 $ 248 $
Eastern Median 224 $ 238 $ 227 $ 169 $ 343 $ 203 $ 242 $ 220 $
North Average 180$ 184 $ 163 $ 134 $ 330 $ 184 $ 233 $ 185 $
North Median 197 $ 192 $ 168 $ 130 $ 303 $ 196 $ 200 $ 203 $
Southwest Average 308 $ 240 $ 231 $ 227 $ 627 $ 190 $ 401 $ 301 $
Southwest Median 264 $ 221 $ 231 $ 198 $ 551 $ 184 $ 362 $ 272 $
SimcoeMuskDuff Average 293 $ 238 $ 271 $ 214 $ 661 $ 244 $ 581 $ 330 $
SimcoeMuskDuff Median 272 $ 230 $ 266 $ 200 $ 655 $ 244 $ 528 $ 326 $
The weighted median assessed value for residential properties range from an average of $185000 in northern municipalities to $556000 in the GTA
Socio Economic Indicators 55
‐
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita)
The table summarizes the 2017 residential and non‐residential building permit values in each area
municipality To put these values into context the building permit value per capita is also summarized to get an appreciation of the relative building activity in each municipality The chart is sorted from lowest to highest based on building permit value per capita for 2017
Non Res 2017 per Municipality Res 2017 2017 Capita
East Gwillimbury 98 2 223 $
Chatham‐Kent 94 6 374 $
Greenstone 76 24 482 $
Elliot Lake 78 22 486 $
Cornwall 52 48 621 $
Espanola 68 32 814 $
Georgina 87 13 1174 $
Haldimand 0 100 1175 $
Thunder Bay 32 68 1280 $
Bancroft 57 43 1285 $
Timmins 22 78 1287 $
Sault Ste Marie 37 63 1365 $
St Catharines NA NA 1411 $
Port Colborne 82 18 1447 $
Grimsby 82 18 1451 $
Sarnia 40 60 1454 $
Whitby 52 48 1459 $
Tillsonburg 84 16 1476 $
Parry Sound 73 27 1506 $
Windsor 39 61 1549 $
Hamilton 64 36 1550 $
North Bay 36 64 1603 $
Kenora 58 42 1625 $
Mississauga 41 59 1636 $
Markham 41 59 1644 $
Richmond Hill 0 0 1756 $
Peterborough 53 47 1758 $
Brockton 0 100 1776 $
Mapleton 57 43 1857 $
Owen Sound 33 67 1966 $
Brantford 53 47 1968 $
Kitchener 66 34 2004 $
Norfolk 65 35 2087 $
Brant 53 47 2133 $
Ingersoll 91 9 2144 $
Brampton 88 12 2231 $
Non Res 2017 per Municipality Res 2017 2017 Capita
Greater Sudbury 25 75 2279 $
Belleville 0 100 2290 $
Caledon 75 25 2298 $
Lincoln 61 39 2309 $
St Marys NA NA 2366 $
North Stormont 71 29 2392 $
Guelph‐Eramosa 78 22 2444 $
St Thomas 80 20 2550 $
Orillia 77 23 2560 $
Penetanguishene 98 2 2601 $
Stratford 50 50 2646 $
Quinte West 76 24 2684 $
Whitchurch‐Stouffville 78 22 2695 $
Ottawa 66 34 2723 $
Wainfleet 80 20 2724 $
Fort Erie 70 30 2731 $
London 74 26 2763 $
North Middlesex 23 77 2790 $
Barrie 68 32 2826 $
Wellesley 37 63 2834 $
Cambridge 44 56 2838 $
Waterloo 69 31 2860 $
Bracebridge 43 57 2879 $
Welland 39 61 2942 $
Newmarket 70 30 2943 $
Wellington North 29 71 3001 $
Wilmot 60 40 3030 $
Burlington 60 40 3031 $
Tay 95 5 3043 $
Guelph 57 43 3066 $
Strathroy‐Caradoc 100 0 3072 $
Pickering NA NA 3085 $
Kingston 31 69 3105 $
Woolwich 52 48 3109 $
Minto 59 41 3140 $
Orangeville 40 60 3232 $
Socio Economic Indicators 56
‐
Municipal Study 2018
Building Construction Activity (sorted from lowest to highest 2017 activity per capita) (contrsquod)
Municipality Res 2017 Non Res 2017
2017 per Capita
Erin
Tiny
Oshawa
Meaford
Huntsville
Clarington
Lambton Shores
Middlesex Centre
Grey Highlands
Brockville
Thorold
Collingwood
North Dumfries
Centre Wellington
Toronto
Kincardine
Saugeen Shores
Brock
Gravenhurst
West Lincoln
Halton Hills
Vaughan
Pelham
North Perth
Oakville
Puslinch
Niagara‐on‐the‐Lake
Innisfil
Springwater
King
Milton
78
100
NA
66
85
87
66
72
54
6
96
94
51
78
45
39
93
92
92
36
46
48
87
53
74
95
50
89
90
18
78
22
0
NA
34
15
13
34
28
46
94
4
6
49
22
55
61
7
8
8
64
54
52
13
47
26
5
50
11
10
82
22
3233 $
3570 $
3612 $
3822 $
3833 $
3835 $
4197 $
4246 $
4431 $
4443 $
4554 $
4567 $
4573 $
4646 $
4957 $
5155 $
5209 $
5278 $
5279 $
5544 $
5633 $
5705 $
5788 $
5842 $
5984 $
6175 $
6989 $
6997 $
7164 $
7317 $
7857 $
Average
Median
58
60
36
34
3033 $
2731 $
Socio Economic Indicators 57
Municipal Study 2018
Building Construction Activity Trend (Grouped by Location) Eastern
Municipality 2015 2016 2017
Cornwall 37426 $ 16405 $ 30149 $ 585 $
Bancroft 4537 $ 5644 $ 5186 $ 1269 $
Peterborough 108954 $ 108954 $ 149806 $ 1470 $
Brockville 13202 $ 17010 $ 97688 $ 1943 $
Belleville 63472 $ 121538 $ 122013 $ 1975 $
Kingston 160298 $ 218600 $ 400313 $ 2030 $
North Stormont 12129 $ 18723 $ 17196 $ 2228 $
Ottawa 2138273 $ 2646159 $ 2705350 $ 2590 $
Quinte West 113611 $ 141395 $ 122200 $ 2827 $
Prince Edward County 77834 $ 83204 $ NA 3194 $
Eastern Average 294656 $ 366048 $ 405545 $ 1880 $
Eastern Median 63472 $ 108954 $ 122013 $ 1975 $
Building Construction Value (000s)
3 Year Per Capita Avg
GTA Municipality 2015 2016 2017
East Gwillimbury 71000 $ NA 5706 $ 1578 $
Whitby 173069 $ 280107 $ 198721 $ 1643 $
Mississauga 1285935 $ 1455510 $ 1262657 $ 1775 $
Richmond Hill 284097 $ 613200 $ 363325 $ 2084 $
Markham 818093 $ 883308 $ 582098 $ 2234 $
Georgina 150765 $ 104777 $ 56405 $ 2263 $
Pickering 141842 $ 210728 $ 298448 $ 2290 $
Whitchurch‐Stouffville 80000 $ 140000 $ 139000 $ 2440 $
Brock 15712 $ 16485 $ 64569 $ 2700 $
Burlington 525815 $ 431921 $ 587588 $ 2720 $
Newmarket 275695 $ 262628 $ 263195 $ 3080 $
Brampton 2731791 $ 1961496 $ 1447772 $ 3314 $
Oshawa 558703 $ 454975 $ 614344 $ 3319 $
Toronto 7134639 $ 10297233 $ 14329509 $ 3766 $
Clarington 361916 $ 340630 $ 379537 $ 3818 $
Halton Hills 147541 $ 248173 $ 363426 $ 4003 $
Caledon 421729 $ 262630 $ 166235 $ 4315 $
Vaughan 1405075 $ 1148939 $ 1908214 $ 4526 $
Aurora 276058 $ 278362 $ NA 4836 $
Oakville 825811 $ 913947 $ 1235513 $ 4932 $
Milton 334740 $ 596372 $ 938908 $ 5494 $
King 254374 $ 334595 $ 202693 $ 11076 $
GTA Average 830655 $ 1011239 $ 1209898 $ 3555 $
GTA Median 309418 $ 340630 $ 363426 $ 3197 $
Building Construction Value (000s) 3 Year Per Capita Avg
Socio Economic Indicators 58
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) NiagaraHamilton Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
St Catharines
Hamilton
Port Colborne
Lincoln
Welland
Grimsby
Wainfleet
Fort Erie
Niagara Falls
Thorold
West Lincoln
Pelham
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
$
$
$
114141 149549 $ 196370 $
722412 613665 $ 876475 $
18130 32494 $ 27480 $
31382 40333 $ 58422 $
70323 81772 $ 162077 $
38517 120100 $ 42479 $
15495 15687 $ 18069 $
74083 94804 $ 88075 $
215200 279671 $ NA
40898 55860 $ 90748 $
83334 50382 $ 85170 $
33367 126873 $ 104245 $
126932 NA 133956 $
1128 $
1339 $
1396 $
1777 $
1951 $
2423 $
2543 $
2742 $
2842 $
3259 $
4890 $
5041 $
7350 $
NiagaraHamilton Avg
NiagaraHamilton Med
$
$
121863 138433 $ 156964 $
70323 88288 $ 89412 $
2975 $
2543 $
North Municipality 2015 2016 2017
Building Construction Value (000 s) 3 Year Per Capita Avg
Elliot Lake
Greenstone
Timmins
Espanola
Thunder Bay
Sault Ste Marie
North Bay
Parry Sound
Kenora
Greater Sudbury
$
$
$
$
$
$
$
$
$
$
10010 5976 $ 5313 $
3716 4058 $ 2306 $
45103 32653 $ 55231 $
6226 6860 $ 4112 $
157549 93789 $ 143390 $
125556 75822 $ 103149 $
66006 76258 $ 84620 $
8045 12431 $ 10173 $
20236 32201 $ 25352 $
237362 254506 $ 384024 $
638 $
715 $
1028 $
1098 $
1191 $
1341 $
1429 $
1551 $
1677 $
1760 $
North Average
North Median
SimcoeMuskDuff Municipality
$
$
67981 59456 $ 81767 $
32670 32427 $ 40292 $
2015 2016 2017 Building Construction Value (000 s)
1243 $
1266 $
3 Year Per Capita Avg
Barrie
Midland
Penetanguishene
Bracebridge
Tay
Orangeville
Tiny
Orillia
Huntsville
Collingwood
Gravenhurst
Innisfil
Springwater
$
$
$
$
$
$
$
$
$
$
$
$
198452 151050 $ 422093 $
15435 48610 $ NA
8779 21372 $ 24087 $
24677 31752 $ 48659 $
8114 31324 $ 32139 $
NA 66469 $ 98403 $
24944 36816 $ 44613 $
47585 167310 $ 83595 $
64944 80513 $ 80226 $
36760 106381 $ 108753 $
36867 40225 $ 69127 $
123878 158593 $ 278101 $
106828 133712 $ 144558 $
1754 $
1813 $
1952 $
2147 $
2259 $
2766 $
2838 $
3144 $
3705 $
3722 $
3838 $
4941 $
6570 $
SimcoeMuskDuff Av
SimcoeMuskDuff M
$
$
58105 82625 $ 119529 $
36814 66469 $ 81910 $
3188 $
2838 $
Socio Economic Indicators 59
Municipal Study 2018
Building Construction Activity Trend (contrsquod) (Grouped by Location) Southwest Municipality
Chatham‐Kent
Owen Sound
Sarnia
Windsor
Brantford
Tillsonburg
Haldimand
Norfolk
Central Elgin
Ingersoll
Brockton
St Marys
Brant
Meaford
Wilmot
Strathroy‐Caradoc
Cambridge
Wellington North
St Thomas
Kitchener
North Middlesex
Stratford
Woolwich
Erin
London
Minto
Guelph‐Eramosa
Middlesex Centre
Wellesley
Guelph
Mapleton
Lambton Shores
Saugeen Shores
Grey Highlands
Waterloo
North Dumfries
Centre Wellington
North Perth
Kincardine
Puslinch
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2015 2016 2017
85229 26626 $ 39186 $
24945 15350 $ 43365 $
73574 103399 $ 107784 $
294220 317281 $ 354014 $
103685 184084 $ 202748 $
19570 35819 $ 24726 $
90517 91619 $ 56097 $
94216 109958 $ 139762 $
15447 28752 $ NA
15784 25444 $ 29010 $
17861 18023 $ 17500 $
12395 14205 $ 18506 $
85858 72248 $ 82372 $
12270 18152 $ 43521 $
35146 39777 $ 66481 $
37498 38239 $ 66530 $
169299 356417 $ 387236 $
18509 30497 $ 37736 $
125821 60878 $ 104249 $
565081 739739 $ 498219 $
11844 20377 $ 18089 $
80627 85170 $ 87198 $
56640 70121 $ 83376 $
27464 30580 $ 39400 $
708800 1410120 $ 1123805 $
23854 21292 $ 28762 $
39893 40780 $ 33167 $
48749 46806 $ 77635 $
48246 34777 $ 33855 $
500014 463247 $ 433798 $
57602 34254 $ 20755 $
30581 38932 $ 46370 $
36987 43620 $ 76696 $
40402 25731 $ 45711 $
340127 529025 $ 319979 $
24265 49783 $ 50355 $
96634 151126 $ 139196 $
43089 61682 $ 81008 $
77331 26981 $ 61522 $
31828 44020 $ 47920 $
Building Construction Value (000s)
488 $
1270 $
1293 $
1466 $
1587 $
1650 $
1721 $
1723 $
1730 $
1792 $
1806 $
2043 $
2129 $
2180 $
2199 $
2234 $
2278 $
2367 $
2411 $
2521 $
2584 $
2624 $
2674 $
2718 $
2756 $
2809 $
2899 $
3240 $
3341 $
3472 $
3557 $
3584 $
3692 $
3726 $
3740 $
3975 $
4490 $
4591 $
4756 $
5475 $
3 Year Per Capita Avg
Southwest Average
Southwest Median
$
$
107438 141305 $ 134729 $
48246 40780 $ 64002 $
2618 $
2521 $
Socio Economic Indicators 60
Municipal Study 2018
Summarymdash3 Year Average Building Construction Activity Per Capita (2015 2016 2017) mdash Total Survey by Location
GTA
SimcoeMuskDuff
NiagaraHamilton
Southwest
Eastern
North
Socio Economic Indicators 61
Municipal Study 2018
Financial Indicators
Municipal Financial Indicators 62
Municipal Study 2018
Financial Sustainability Indicators
As described by the Canadian Institute of Chartered Accountants (CICA) the intent of providing an evaluation of a municipalityrsquos financial condition is to evaluate a municipalityrsquos financial outlook and performance This will help form the foundation for the establishment of a long range financial plan
KeyKey fifinancinanciaall andand socisocioo‐‐ececonomiconomic iindicatorsndicators have been included to help evaluate each municipalityrsquos existing financial condition and to identify future challenges and opportunities Industry recognized indicators that are used by credit rating agencies andor recommended by Government Finance Officersrsquo
Association (GFOA) and the Ministry of Municipal Affairs and Housing have been included A number of indicators have been included
Sustainability
The ability to provide and maintain service and infrastructure levels without resorting to unplanned increases in rates or cuts to
services
Vulnerability
Addresses a municipalityrsquos
vulnerability to external sources of funding that it cannot control and its exposure to risks
Flexibility
The ability to issue debt responsibly without
impacting the credit rating Also the ability to generate required revenues
ldquoThe usefulness of indicators is not in the numbers themselves but the analysis of what is driving the indicator It may therefore be more useful to consider the combined results of several broad indicators in assessing performance rather than any one indicator on its ownrdquo
Source Local Government Financial Sustainability Nationally Consistent Frameworks published by
Local Government and Planning Ministersrsquo Council (Australia) May 2007
Municipal Financial Indicators 63
Municipal Study 2018
Net Financial Position Indicators
Financial position is a key indicator of a municipalityrsquos financial health Two key financial position indicators have been included to illustrate a municipalityrsquos financial position The net financial position is a broader measure of a municipalityrsquos indebtedness than debenture debt as it includes all of a municipalityrsquos financial assets and liabilities Net Financial Liabilities Ratio is total liabilities minus assets as a percentage of own source revenues This ratio indicates the extent to which financial liabilities could be met by its operating revenue A ratio greater than zero indicates that total liabilities exceed the total assets
Formula
Schedule 70 in the Financial Information Return is used in these calculations of Financial Position as well
as Own Source Revenues which is taken from Schedule 81
Net Financial Position per Capita = Net Financial Position
Population
Net Financial Liabilities Ratio = Net Financial Position
Own Source Revenues
Target
There is no optimal number or range for these indicators it varies according to a municipalityrsquos financial position
Interpretation
It is important that a municipality understands what is driving these indicators and monitors their
trends The financial position provides an indication of the
affordability of future municipal spending
Municipal Financial Indicators 64
Municipal Study 2018
Financial Indicators
The Financial Indicators section of the report includes a number of indicators to assist municipalities in evaluating financial condition Indicators related to Sustainability Vulnerability and Flexibility have been included It should be noted that Water and Wastewater indicators have also been included in the WaterWastewater section of the report
When the information is plotted over time these trends can be used to monitor changes in financial condition and alert the municipality to future problems We are committed to refining and developing
additional data to have more efficient and effective benchmarking tools for municipalities
Sustainability
Financial Position Per Capita
Net Financial Liabilities Ratio
Asset Consumption Ratio
Flexibility
Reserves
Tax Discretionary Reserves as a of Taxation
Discretionary Reserves as a of Own Source
Revenues
Reserves per Capita
Debt
Tax Debt Interest as a of Own Source Revenues
Debt Charges as a of Own Source Revenues
Total Debt Outstanding Per Capita
Debt Outstanding Per Own Source Revenues
Debt to Reserve Ratio
Tax Debt Outstanding per $100000 of Unweighted Assessment
Vulnerability
Taxes Receivable as a of Tax Levied
Rates Coverage Ratio
Municipal Financial Indicators 65
Municipal Study 2018
Financial Position Per CapitamdashTrend
A comparison was made of each municipalityrsquos overall financial position (financial assets less liabilities) over time on a per capita basis
Municipality 2013 2014 2015 2016 2017
Toronto $ (1668) $ (1962) $ (2192) $ (2379) $ (2460)
Ottawa $ (1448) $ (1634) $ (1736) $ (1998) $ (2299)
Greenstone $ (3734) $ (3669) $ (3082) $ (2610) $ (2117)
Bancroft $ (2053)
Pelham $ (133) $ (432) $ (531) $ (803) $ (1764)
Quinte West $ (383) $ (583) $ (1170) $ (1657) $ (1575)
Kingston $ (1060) $ (1341) $ (1283) $ (1365) $ (1434)
Port Colborne $ (498) $ (343) $ (741) $ (1404)
Owen Sound $ (774) $ (700) $ (1099) $ (1288) $ (1379)
Prince Edward County $ (1184) $ (1239) $ (1209) $ (1446) $ (1366)
Brockville $ (1238) $ (1234) $ (1201) $ (1271) $ (1334)
Thunder Bay $ (954) $ (1349) $ (1447) $ (1572) $ (1301)
Timmins $ (482) $ (677) $ (923) $ (990) $ (961)
North Perth $ (1171) $ (856) $ (899) $ (959)
Barrie $ (1538) $ (1396) $ (1492) $ (1329) $ (938)
Stratford $ (1621) $ (1581) $ (1267) $ (1002) $ (773)
Belleville $ 386 $ 179 $ (308) $ (456) $ (639)
Gravenhurst $ (1197) $ (1134) $ (1066) $ (829) $ (520)
Penetanguishene $ (399)
St Thomas $ 814 $ 653 $ 434 $ 128 $ (275)
Norfolk $ (132) $ (267)
Whitchurch ‐ Stouffville $ (329) $ (150) $ (63) $ (166) $ (212)
Middlesex Centre $ (847) $ (766) $ (633) $ (408) $ (152)
Guelph‐Eramosa $ (50) $ (53) $ (205) $ (74)
Oshawa $ (393) $ (340) $ (272) $ (170) $ (23)
Orangeville $ (363) $ (202) $ (60) $ (198) $ (21)
North Stormont $ 223 $ (91) $ (119) $ (62) $ 11
Meaford $ (521) $ (372) $ (304) $ (95) $ 73
St Catharines $ 178 $ (35) $ (87) $ (19) $ 88
Minto $ 196 $ 113 $ (11) $ 98
King $ (766) $ (718) $ (364) $ (201) $ 100
Cornwall $ 292 $ 154 $ 175 $ 36 $ 126
Brant County $ (485) $ (309) $ (187) $ (373) $ 142
Erin $ 79 $ 174 $ 172 $ 146
Mapleton $ 383 $ 384 $ 178
St Marys (91) $ 247 $ 269 $ 183 $
Municipal Financial Indicators 66
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Tillsonburg $ (21) $ 10 $ 60 $ 52 $ 230
Georgina $ 132 $ 192 $ 205 $ 246 $ 243
Brockton $ 277
Wainfleet $ 319 $ 512 $ 539 $ 424 $ 347
Welland $ 28 $ 25 $ 68 $ 220 $ 365
Tay $ 379
Grey Highlands $ 275 $ 401 $ 320 $ 398 $ 384
Huntsville $ (6) $ 133 $ 206 $ 282 $ 425
Hamilton $ 315 $ 259 $ 154 $ 263 $ 435
Collingwood $ (369) $ (146) $ (244) $ 241 $ 448
Caledon $ 517 $ 359 $ 355 $ 460 $ 462
North Bay $ 39 $ 176 $ 122 $ 323 $ 464
Puslinch $ 395 $ 448 $ 492 $ 528
Saugeen Shores $ 358 $ 360 $ 358 $ 518 $ 590
Springwater $ 434 $ 458 $ 498 $ 581 $ 649
Cambridge $ 707 $ 717 $ 722 $ 726 $ 650
Sarnia $ 152 $ 94 $ 213 $ 376 $ 652
Lambton Shores $ (889) $ (606) $ (262) $ 222 $ 655
Tiny $ 656
Brampton $ 866 $ 672 $ 731 $ 688 $ 661
London $ 294 $ 334 $ 508 $ 613 $ 670
Clarington $ 648 $ 600 $ 596 $ 655 $ 677
Windsor $ 510 $ 618 $ 653 $ 731 $ 715
Milton $ 774 $ 774 $ 856 $ 970 $ 717
Guelph $ 247 $ 405 $ 572 $ 658 $ 719
Peterborough $ 1235 $ 1157 $ 981 $ 915 $ 758
Centre Wellington $ 580 $ 571 $ 836 $ 817
Strathroy‐Caradoc $ (130) $ 28 $ 248 $ 638 $ 832
Ingersoll $ 43 $ 242 $ 431 $ 640 $ 856
North Middlesex $ 383 $ 685 $ 887
Kitchener $ 764 $ 802 $ 872 $ 918 $ 888
Wellesley $ 915 $ 854 $ 861 $ 904 $ 890
Fort Erie $ 530 $ 654 $ 759 $ 829 $ 890
Elliot Lake $ 228 $ 335 $ 510 $ 748 $ 892
East Gwillimbury $ 333 $ 421 $ 459 $ 522 $ 894
Burlington 889 $ 880 $ 920 $ 905 $ 927 $
Municipal Financial Indicators 67
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Newmarket 719 $ 716 $ 708 $ 881 $ 927 $
Espanola 444 $ 934 $
Mississauga 604 $ 495 $ 640 $ 691 $ 948 $
Chatham‐Kent 241 $ 440 $ 704 $ 948 $
Sault Ste Marie 675 $ 693 $ 772 $ 727 $ 983 $
Parry Sound 1347 $ 1245 $ 1228 $ 995 $
Brock 601 $ 766 $ 868 $ 953 $ 1039 $
Whitby 994 $ 994 $ 999 $ 1097 $ 1051 $
Woolwich 912 $ 915 $ 1000 $ 1169 $ 1100 $
Halton Hills 682 $ 771 $ 737 $ 992 $ 1117 $
Brantford 1132 $ 1132 $
Greater Sudbury 1126 $ 906 $ 1042 $ 1226 $ 1162 $
Grimsby 1314 $ 1276 $ 1444 $ 1174 $
Lincoln 1212 $ 1154 $ 1279 $ 1313 $ 1197 $
Thorold 832 $ 961 $ 1052 $ 1196 $ 1213 $
Markham 1327 $ 1285 $ 1247 $ 1223 $ 1262 $
Waterloo 1190 $ 1253 $ 1238 $ 1259 $ 1283 $
North Dumfries 1010 $ 1151 $ 1238 $ 1291 $
Orillia 817 $ 776 $ 1271 $ 1357 $ 1310 $
West Lincoln 1224 $ 1104 $ 1056 $ 1068 $ 1343 $
Richmond Hill 1421 $ 1350 $
Wilmot 1051 $ 1091 $ 1111 $ 1249 $ 1403 $
Pickering 940 $ 1134 $ 1205 $ 1288 $ 1454 $
Niagara‐on‐the‐Lake 1462 $ 1607 $ 1421 $ 1541 $ 1456 $
Oakville 1620 $ 1884 $ 1328 $ 1522 $ 1486 $
Wellington North 950 $ 1177 $ 1493 $ 1589 $
Bracebridge 1376 $ 1555 $ 1680 $ 1839 $ 1666 $
Vaughan 957 $ 1029 $ 1007 $ 1124 $ 1688 $
Haldimand 1461 $ 1513 $ 1688 $
Kincardine 2280 $ 2570 $ 2366 $ 2578 $
Kenora 1740 $ 1861 $ 4555 $ 4799 $ 4634 $
Innisfil 413 $ 378 $ 412 $ 4983 $ 4914 $
Average $ 166 $ 251 $ 320 $ 438 $ 435 Median $ 317 $ 378 $ 437 $ 613 $ 651
Column1 1 2 3 4 5
Municipal Financial Indicators 68
Municipal Study 2018
Financial Position Per CapitamdashTrend (contrsquod)
Municipality
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
2013
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
2014
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
2015
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
2016
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
2017
(1272)
(1052)
(180)
71
600
1799
2108
Average Median
$ $
33 (37)
$ $
17 (69)
$ $
116 (101)
$ $
189 8 $ $
296 71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average Median
$ $
304 304
$ $
118 117
$ $
153 163
$ $
135 134
Municipal Financial Indicators 69
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend
Municipality 2013 2014 2015 2016 2017
Ottawa
Bancroft
Quinte West
Kingston
Prince Edward County
Brockville
Belleville
North Stormont
Cornwall
Peterborough Column1
Eastern Average
Eastern Median
$
$
$
$
$
$
$
$
$
$
$
(1448)
(383)
(1060)
(1184)
(1238)
386
223
292
1235
(353)
(383)
$
$
$
$
$
$
$
$
$
$
$
(1634)
(583)
(1341)
(1239)
(1234)
179
(91)
154
1157
(515)
(583)
$
$
$
$
$
$
$
$
$
$
$
(1736)
(1170)
(1283)
(1209)
(1201)
(308)
(119)
175
981
(652)
(1170)
$
$
$
$
$
$
$
$
$
$
$
(1998)
(1657)
(1365)
(1446)
(1271)
(456)
(62)
36
915
(812)
(1271)
$
$
$
$
$
$
$
$
$
$
$
$
(2299)
(2053)
(1575)
(1434)
(1366)
(1334)
(639)
11
126
758
(980)
(1350)
Municipality
Column1
2013 2014 2015 2016 2017
Toronto
Whitchurch ‐ Stouffville
Oshawa
King
Georgina
Caledon
Brampton
Clarington
Milton
East Gwillimbury
Burlington
Newmarket
Mississauga
Brock
Whitby
Halton Hills
Markham
Richmond Hill
Pickering
Oakville
Vaughan
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1668)
(329)
(393)
(766)
132
517
866
648
774
333
889
719
604
601
994
682
1327
940
1620
957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1962)
(150)
(340)
(718)
192
359
672
600
774
421
880
716
495
766
994
771
1285
1134
1884
1029
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2192)
(63)
(272)
(364)
205
355
731
596
856
459
920
708
640
868
999
737
1247
1205
1328
1007
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2379)
(166)
(170)
(201)
246
460
688
655
970
522
905
881
691
953
1097
992
1223
1421
1288
1522
1124
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(2460)
(212)
(23)
100
243
462
661
677
717
894
927
927
948
1039
1051
1117
1262
1350
1454
1486
1688
GTA Average
GTA Median Column1
$
$
500
682
$
$
520
716
$
$
517
731
$
$
641
893
$
$
681
927
Municipal Financial Indicators 70
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Greenstone
Thunder Bay
Timmins
North Bay
Elliot Lake
Espanola
Sault Ste Marie
Parry Sound
Greater Sudbury
Kenora
$
$
$
$
$
$
$
$
$
(3734)
(954)
(482)
39
228
675
‐
1126
1740
$
$
$
$
$
$
$
$
$
(3669)
(1349)
(677)
176
335
693
1347
906
1861
$
$
$
$
$
$
$
$
$
$
(3082)
(1447)
(923)
122
510
444
772
1245
1042
4555
$
$
$
$
$
$
$
$
$
(2610)
(1572)
(990)
323
748
727
1228
1226
4799
$
$
$
$
$
$
$
$
$
$
(2117)
(1301)
(961)
464
892
934
983
995
1162
4634
North Average
North Median
$
$
(151)
39
$
$
(42)
335
$
$
324
477
$
$
431
727
$
$
568
913
Municipality
Column1
2013 2014 2015 2016 2017
Barrie
Gravenhurst
Penetanguishene
Orangeville
Tay
Huntsville
Collingwood
Springwater
Tiny
Orillia
Bracebridge
Innisfil
$
$
$
$
$
$
$
$
$
(1538)
(1197)
(363)
(6)
(369)
434
817
1376
413
$
$
$
$
$
$
$
$
$
(1396)
(1134)
(202)
133
(146)
458
776
1555
378
$
$
$
$
$
$
$
$
$
(1492)
(1066)
(60)
206
(244)
498
1271
1680
412
$
$
$
$
$
$
$
$
$
(1329)
(829)
(198)
282
241
581
1357
1839
4983
$
$
$
$
$
$
$
$
$
$
$
$
(938)
(520)
(399)
(21)
379
425
448
649
656
1310
1666
4914
SimcoeMuskDuff Average
SimcoeMuskDuff Median Column1
$
$
(48)
(6)
$
$
47
133
$
$
134
206
$
$
770
282
$
$
714
437
Municipal Financial Indicators 71
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
North Perth
Stratford
St Thomas
Norfolk
Middlesex Centre
Guelph‐Eramosa
Meaford
Minto
Brant County
Erin
Mapleton
St Marys
Tillsonburg
Brockton
Grey Highlands
Puslinch
Saugeen Shores
Cambridge
Sarnia
Lambton Shores
London
Windsor
Guelph
Centre Wellington
Strathroy‐Caradoc
Ingersoll
North Middlesex
Kitchener
Wellesley
Chatham‐Kent
Woolwich
Brantford
Waterloo
North Dumfries
Wilmot
Wellington North
Haldimand
Kincardine
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(774)
(1171)
(1621)
814
(847)
(521)
(485)
(21)
275
358
707
152
(889)
294
510
247
(130)
43
764
915
912
1190
1051
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(700)
(1581)
653
(766)
(50)
(372)
196
(309)
79
383
(91)
10
401
395
360
717
94
(606)
334
618
405
580
28
242
802
854
241
915
1253
1010
1091
950
2280
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1099)
(856)
(1267)
434
(633)
(53)
(304)
113
(187)
174
384
247
60
320
448
358
722
213
(262)
508
653
572
571
248
431
383
872
861
440
1000
1238
1151
1111
1177
1461
2570
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1288)
(899)
(1002)
128
(132)
(408)
(205)
(95)
(11)
(373)
172
269
52
398
492
518
726
376
222
613
731
658
836
638
640
685
918
904
704
1169
1132
1259
1238
1249
1493
1513
2366
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1379)
(959)
(773)
(275)
(267)
(152)
(74)
73
98
142
146
178
183
230
277
384
528
590
650
652
655
670
715
719
817
832
856
887
888
890
948
1100
1132
1283
1291
1403
1589
1688
2578
Southwest Average
Southwest Median Column1
$
$
49
200 1
$
$
315
360 2
$
$
391
408 3
$
$
478
613 4
$
$
543
652 5
Municipal Financial Indicators 72
Municipal Study 2018
Financial Position Per Capita By Geographic LocationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pelham
Port Colborne
St Catharines
Wainfleet
Welland
Hamilton
Fort Erie
Grimsby
Lincoln
Thorold
West Lincoln
Niagara‐on‐the‐Lake
$
$
$
$
$
$
$
$
$
$
(133)
178
319
28
315
530
1212
832
1224
1462
$
$
$
$
$
$
$
$
$
$
$
$
(432)
(498)
(35)
512
25
259
654
1314
1154
961
1104
1607
$
$
$
$
$
$
$
$
$
$
$
$
(531)
(343)
(87)
539
68
154
759
1276
1279
1052
1056
1421
$
$
$
$
$
$
$
$
$
$
$
$
(803)
(741)
(19)
424
220
263
829
1444
1313
1196
1068
1541
$
$
$
$
$
$
$
$
$
$
$
$
(1764)
(1404)
88
347
365
435
890
1174
1197
1213
1343
1456
NiagaraHamilton Average
NiagaraHamilton Median Column1
$
$
629
530
$
$
552
583
$
$
604
759
$
$
619
829
$
$
445
663
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region York
Region Niagara
Region Peel
District Muskoka
Region Durham
Region Halton
$
$
$
$
$
$
$
(744)
(1218)
(1)
(37)
(332)
1121
1444
$
$
$
$
$
$
$
(987)
(1362)
(65)
(69)
(204)
1203
1600
$
$
$
$
$
$
$
(1044)
(1215)
(155)
(101)
38
1327
1965
$
$
$
$
$
$
$
(1229)
(1209)
(223)
8
303
1579
2097
$
$
$
$
$
$
$
(1272)
(1052)
(180)
71
600
1799
2108
Average
Median
$
$
33
(37)
$
$
17
(69)
$
$
116
(101)
$
$
189
8
$
$
296
71
Simcoe County
Bruce County
Dufferin County
Wellington County
Grey County
Elgin County
$ 304
$
$
$
$
$
$
(133)
(161)
(1)
371
395
235
$
$
$
$
$
$
(137)
(90)
65
442
378
262
$
$
$
$
$
$
(67)
(58)
83
186
326
339
Average
Median
$
$
‐
‐
$
$
304
304
$
$
118
117
$
$
153
163
$
$
135
134
Municipal Financial Indicators 73
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend
Municipality 2013 2014 2015 2016 2017
Innisfil (026) (024) (023) (308) (315)
North Dumfries (159) (169) (171) (181)
Wilmot (144) (152) (152) (157) (177)
Kenora (075) (076) (184) (181) (176)
Pickering (121) (141) (140) (145) (166)
Wellesley (192) (161) (157) (152) (157)
Bracebridge (149) (162) (162) (169) (152)
Woolwich (146) (142) (154) (141) (151)
Wellington North (083) (103) (124) (137)
Vaughan (090) (099) (094) (086) (136)
Lincoln (149) (136) (151) (144) (135)
Grimsby (149) (142) (149) (132)
Markham (142) (135) (129) (116) (125)
Kincardine (108) (118) (108) (117)
Brock (073) (088) (099) (108) (116)
Halton Hills (083) (087) (080) (100) (115)
Richmond Hill (120) (114)
West Lincoln (185) (169) (146) (140) (112)
Oakville (137) (156) (110) (116) (112)
Whitby (118) (119) (117) (112) (098)
Mississauga (071) (056) (071) (066) (093)
Waterloo (087) (089) (088) (087) (092)
Thorold (063) (076) (082) (087) (091)
Niagara‐on‐the‐Lake (104) (109) (092) (097) (090)
Milton (094) (091) (099) (114) (085)
Clarington (089) (080) (077) (079) (085)
Burlington (083) (082) (084) (079) (080)
Centre Wellington (057) (057) (071) (079)
Puslinch (061) (070) (068) (076)
Newmarket (063) (063) (060) (068) (074)
Haldimand (053) (067) (074)
Ingersoll (004) (020) (035) (051) (071)
Brampton (122) (077) (080) (067) (068)
Springwater (050) (052) (054) (058) (065)
Strathroy‐Caradoc 012 (002) (021) (049) (062)
Fort Erie (039) (048) (053) (053) (059)
Municipal Financial Indicators 74
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kitchener (052) (054) (060) (061) (058)
Tiny (057)
Elliot Lake (014) (022) (031) (045) (055)
Orillia (038) (035) (054) (055) (054)
Cambridge (062) (063) (063) (058) (053)
North Middlesex (028) (043) (050)
East Gwillimbury (031) (037) (040) (026) (049)
Brantford (047) (049)
Greater Sudbury (049) (039) (045) (050) (047)
Huntsville 001 (015) (024) (032) (045)
Sault Ste Marie (030) (030) (033) (031) (041)
Caledon (049) (033) (031) (038) (040)
Chatham‐Kent (011) (021) (032) (040)
Sarnia (011) (006) (014) (022) (039)
Espanola (036)
Parry Sound (045) (045) (041) (034)
Lambton Shores 052 031 012 (011) (034)
Saugeen Shores (022) (022) (021) (028) (033)
Wainfleet (035) (055) (057) (045) (031)
Peterborough (053) (050) (042) (036) (031)
London (014) (016) (023) (027) (030)
Grey Highlands (024) (035) (027) (031) (030)
Windsor (023) (027) (027) (030) (030)
Guelph (010) (016) (022) (025) (028)
Tay (028)
Welland (002) (002) (005) (015) (025)
Georgina (014) (018) (018) (021) (021)
Mapleton (060) (052) (021)
Collingwood 016 006 010 (010) (020)
Brockton (020)
Tillsonburg 002 (001) (005) (004) (019)
North Bay (002) (008) (005) (013) (019)
Hamilton (014) (012) (007) (011) (018)
Erin (010) (020) (020) (018)
Minto (016) (009) 001 (008)
St Catharines (017) 003 008 002 (007)
Municipal Financial Indicators 75
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
St Marys 003 (009) (010) (007)
Brant County 030 012 011 020 (006)
King 042 037 018 012 (006)
Cornwall (014) (007) (008) (001) (005)
Meaford 033 023 018 005 (004)
North Stormont (021) 010 013 009 (002)
Orangeville 024 013 004 011 001
Oshawa 042 035 026 015 002
Guelph‐Eramosa 007 007 025 009
Middlesex Centre 073 063 042 025 010
St Thomas (045) (035) (023) (006) 013
Norfolk 007 015
Whitchurch ‐ Stouffville 036 015 007 015 019
Penetanguishene 023
Belleville (018) (008) 013 019 026
Stratford 064 063 048 036 028
Thunder Bay 024 033 033 037 030
Timmins 021 029 038 038 036
Gravenhurst 109 099 085 061 038
Barrie 078 070 072 059 042
Kingston 039 048 046 045 047
Greenstone 096 090 073 059 048
North Perth 088 054 049 049
Brockville 058 058 052 052 055
Owen Sound 041 037 056 062 066
Prince Edward County 074 072 065 073 069
Toronto 056 065 068 070 076
Ottawa 056 062 066 071 084
Port Colborne 046 023 057 090
Quinte West 029 041 077 101 093
Bancroft 112
Pelham 015 047 057 074 163
Average (029) (031) (035) (040) (040)
Median (022) (022) (027) (032) (034)
Municipal Financial Indicators 76
Municipal Study 2018
Net Financial Liabilities RatiomdashTrend (contrsquod)
Municipality
Region Halton
Region Durham
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
(125)
(085)
017
004
000
102
062
2014
(137)
(088)
010
007
005
111
080
2015
(164)
(096)
(002)
010
012
093
083
2016
(167)
(106)
(015)
(001)
017
086
091
2017
(175)
(122)
(030)
(007)
014
075
097
Average
Median
(004)
004
(002)
007
(009)
010
(013)
(001)
(021)
(007)
Grey County
Elgin County
Wellington County
Dufferin County
Bruce County
Simcoe County
(027)
(051)
(028)
(032)
000
019
021
(051)
(031)
(036)
(009)
011
022
(043)
(039)
(038)
(010)
007
010
Average
Median
‐
‐
(027)
(027)
(012)
(014)
(016)
(020)
(019)
(024)
Municipal Financial Indicators 77
Municipal Study 2018
Total Asset Consumption Ratio
This indicator provides an estimate of the useful life left in the municipalityrsquos capital assets
Municipalities are facing significant infrastructure challenges Therefore it is important to keep informed of the age and condition of its capital assets to ensure they are making timely and appropriate investments This is calculated using Schedule 51 of the Financial Information Return
Formula
Total Accumulated Amortization
Total Gross Costs of Capital Assets
Interpretations
This ratio shows the value of the tangible capital assets that have been consumed This ratio seeks to highlight the aged condition of the assets and the potential asset replacement needs A higher ratio may
indicate significant replacement needs However if assets are renewed and replaced in accordance with an asset management plan a high ratio should not be a cause for concern The Ministry of Municipal Affairs and Housing considers a ratio of 25 or under to be relatively new 26‐50 to be moderately new 51‐75 to be moderately old and over 75 to be old
Summarymdash2017 Asset Consumption RatiomdashTotal Survey
0‐25
26‐50
51‐75
greater than 75
Total Asset Consumption Tax Asset Consumption
Municipal Financial Indicators 78
Municipal Study 2018
Total Asset Consumption Ratio Trend
Municipalities 2013 2014 2015 2016 2017
Vaughan 109 112 115 120 120
Markham 183 188 194 199 198
Mississauga 174 182 191 196 204
Grimsby 244 252 262 272 271
Penetanguishene 274
Whitchurch ‐ Stouffville 244 254 266 269 275
Milton 286 285 269 283 290
Ottawa 269 268 276 284 292
Barrie 246 261 270 281 294
Woolwich 256 265 275 290 298
Niagara‐on‐the‐Lake 268 273 280 291 302
Brampton 274 278 279 290 302
Lambton Shores 272 283 298 294 310
Kitchener 338 339 307 304 314
St Marys 289 300 314 317 319
Oakville 310 319 315 320 319
Georgina 254 271 286 303 319
Middlesex Centre 284 303 312 321 326
Tay 331
North Middlesex 304 322 337
Innisfil 293 298 296 334 339
North Perth 324 327 340
Springwater 295 310 324 338 352
Owen Sound 376 382 359 350 355
Burlington 326 335 341 349 358
London 339 346 353 359 362
North Stormont 326 325 335 351 369
Guelph‐Eramosa 338 344 361 376 371
King 447 422 394 393 377
Newmarket 357 362 375 373 377
East Gwillimbury 384 392 402 375 379
Hamilton 362 371 368 370 379
Port Colborne 354 373 384 393 380
Kingston 358 359 369 367 380
West Lincoln 360 369 376 370 380
Whitby 341 354 368 378 384
Municipal Financial Indicators 79
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Ingersoll 362 362 369 371 386
Parry Sound 344 362 376 381 386
Brockville 370 382 395 397 388
Waterloo 351 359 369 381 389
Stratford 357 368 378 390 389
Orillia 357 367 382 383 390
Centre Wellington 390 372 376 387 391
Toronto 425 425 416 409 393
Espanola 377 393
Brant County 394 397 395 386 395
Collingwood 353 368 382 381 396
Thorold 367 365 373 392 397
Welland 346 359 375 385 397
Clarington 374 379 380 388 400
Wilmot 390 410 358 383 401
Cambridge 404 401 397 391 404
Oshawa 383 386 391 399 406
Peterborough 386 387 395 404 408
Norfolk 399 410
St Catharines 403 390 388 400 410
Belleville 407 417 426 420 411
Saugeen Shores 354 374 387 401 413
Sault Ste Marie 380 383 394 401 416
Fort Erie 366 383 394 406 419
Richmond Hill 390 415 422
Sarnia 376 392 407 419 423
Lincoln 431 401 413 416 428
Cornwall 452 454 420 423 428
Strathroy‐Caradoc 403 403 403 423 428
Windsor 389 392 410 423 430
Orangeville 397 388 402 427 437
Pelham 398 408 413 427 437
Tillsonburg 393 413 422 439 441
North Bay 413 413 415 428 445
Timmins 475 486 490 422 445
St Thomas 453 459 467 466 446
Municipal Financial Indicators 80
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities 2013 2014 2015 2016 2017
Prince Edward County 408 424 435 436 449
Guelph 409 421 435 440 450
Wainfleet 459 477 472 478 451
Halton Hills 430 434 424 436 453
Minto 441 447 447 457 463
Kenora 368 441 389 399 468
Erin 412 429 443 455 469
Haldimand 470 473 475
Bracebridge 436 451 452 466 477
Chatham‐Kent 439 450 460 474 479
Brantford 475 482
Brockton 483
Bancroft 490
Pickering 507 520 503 506 502
Greater Sudbury 491 493 486 497 503
Kincardine 426 439 445 446 505
Huntsville 412 440 468 484 507
Meaford 495 510 513 515 512
Caledon 526 558 549 532 512
Brock 445 465 482 498 516
Wellington North 495 510 526 534 542
Grey Highlands 482 505 515 533 547
Greenstone 490 503 526 541 551
Tiny 551
Thunder Bay 544 551 550 552 566
Gravenhurst 341 359 381 405 571
North Dumfries 197 220 338 348 621
Mapleton 619 628 646 639
Quinte West 658 667 662 668 654
Puslinch 632 642 651 657
Wellesley 621 646 671 692 716
Elliot Lake 784 788 787 793 796
Average 380 388 396 402 418
Median 376 383 387 393 405
Municipal Financial Indicators 81
Municipal Study 2018
Total Asset Consumption Ratio (contrsquod)
Municipalities
Region York
Region Halton
Region Peel
Region Durham
Region Waterloo
Region Niagara
District Muskoka
2013
320
257
251
316
413
424
413
2014
322
264
255
320
421
427
433
2015
291
258
260
330
415
432
440
2016
279
264
270
328
424
416
460
2017
266
271
282
336
347
425
478
Average
Median
342
320
349
322
347
330
349
328
344
336
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
391
322
406
419
417
446
580
330
419
422
423
457
593
344
426
431
436
465
596
Average
Median
391
391
432
418
441
422
450
434
Municipal Financial Indicators 82
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
Vaughan 107
Markham 167
Mississauga 204
Grimsby 253
Barrie 281
Milton 290
Ottawa 300
Brampton 302
Whitchurch ‐ Stouffville 304
Woolwich 317
Oakville 319
North Perth 328
Kitchener 329
Penetanguishene 334
Innisfil 339
Niagara‐on‐the‐Lake 340
East Gwillimbury 341
St Marys 344
Collingwood 345
London 350
Burlington 358
Georgina 359
Owen Sound 367
Tay 368
Springwater 372
Orillia 374
Newmarket 377
North Middlesex 380
Port Colborne 382
Middlesex Centre 384
Whitby 384
Ingersoll 386
Stratford 386
Lambton Shores 392
Toronto 394
St Thomas 394
Municipalities 2017
Hamilton 399
Guelph‐Eramosa 399
Peterborough 400
Clarington 400
Kingston 405
Waterloo 406
Oshawa 406
North Stormont 412
Sault Ste Marie 414
Sarnia 417
Welland 418
Norfolk 419
Brant County 425
Espanola 426
Parry Sound 428
West Lincoln 429
Cambridge 433
Windsor 433
Wilmot 434
Pelham 437
Centre Wellington 440
Richmond Hill 440
St Catharines 443
King 443
Tillsonburg 444
Guelph 448
Wainfleet 451
Halton Hills 453
Thorold 457
Brockville 457
Belleville 457
Cornwall 462
Fort Erie 468
Bracebridge 477
Lincoln 479
Orangeville 482
Municipal Financial Indicators 83
Municipal Study 2018
Tax Asset Consumption Ratio
Municipalities 2017
North Bay
Chatham‐Kent
Saugeen Shores
Kenora
Meaford
Erin
Pickering
Prince Edward County
Huntsville
Caledon
Haldimand
Brock
Brockton
Kincardine
Brantford
Minto
Timmins
Grey Highlands
Greater Sudbury
Strathroy‐Caradoc
Tiny
Thunder Bay
Greenstone
Gravenhurst
Bancroft
North Dumfries
Wellington North
Puslinch
Mapleton
Quinte West
Wellesley
Elliot Lake
486
486
489
497
498
501
502
504
507
512
513
516
519
524
527
539
548
550
554
568
569
569
571
571
615
621
623
657
672
701
716
784
Average
Median
438
431
Municipalities 2017
Region Waterloo
Region Halton
Region York
Region Peel
Region Durham
Region Niagara
District Muskoka
298
301
334
358
380
387
520
Average
Median
368
358
Simcoe County
Wellington County
Dufferin County
Bruce County
Elgin County
Grey County
344
426
431
436
465
596
Average
Median
450
434
Municipal Financial Indicators 84
Municipal Study 2018
Reserves
Reserves are a critical component of a municipalityrsquos long‐term financing plan The purpose for maintaining reserves is to
Provide stability of tax rates in the face of variable and uncontrollable factors (consumption interest
rates unemployment rates changes in subsidies)
Provide financing for one‐time or short‐term requirements without permanently impacting the tax and
utility rates
Make provisions for replacementsacquisitions of assetsinfrastructure that are currently being
consumed and depreciated
Avoid spikes in funding requirements of the capital budget by reducing their reliance on long‐term debt borrowings
Provide a source of internal financing
Ensure adequate cash flows
Provide flexibility to manage debt levels and protect the municipalityrsquos financial position
Provide for future liabilities incurred in the current year but paid for in the future
Three financial indicators have been included for tax reserves In each case the water and wastewater reserves and reserve funds have been excluded as well as obligatory reserve funds
Reserve Financial Indicator One Tax Discretionary Reserves as a of Taxation
This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to total taxation (Schedule 10 of the Financial Information Return)
Formula
Tax Discretionary Reserves
Taxation
Municipal Financial Indicators 85
Municipal Study 2018
Reserve Financial Indicator Two Tax Discretionary Reserves per Capita
This provides the total tax discretionary reserves in relation to the population
Formula
Tax Discretionary Reserves
Population
Reserve Financial Indicator Three Tax Discretionary Reserves as a of Own Source Revenues
This indicator shows the total value of funds held in reserves and reserve funds compared to a single yearrsquos own source revenue and is a strong indicator of financial stability This provides the total tax discretionary reserves and reserve funds using Schedule 60 of the Financial Information Returns (columns 2 and 3) in relation to own source revenues (Schedule 81 of the Financial Information Return less water and wastewater own source revenues which are on Schedule 12)
Formula
Tax Discretionary Reserves
Own Source Revenues
Interpretations
Reserves offer liquidity which enhances the municipalityrsquos flexibility in addressing operating
requirements and in permitting the municipality to temporarily fund capital projects internally allowing
it time to access debt markets and take advantage of favourable conditions The level of reserves required will vary for a number of reasons including
Services provided by the municipality
Age and condition of infrastructure inventory of fleet and vehicles supporting municipal operations
Level of expenditures
Internal debt and reserve policies
Targets ranges established on a reserve by reserve basis
Economic conditions and projections
Municipal Financial Indicators 86
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐21 ‐12 ‐5 ‐17 ‐33
Pelham 15 9 18 25 ‐7
Newmarket 32 15 ‐3 2 3
Brockville 12 14 13 15 17
St Thomas 27 20 18 25 21
Strathroy‐Caradoc 4 3 5 21 24
Tillsonburg 31 33 26 23 28
Markham 156 111 99 80 29
Ottawa 23 24 22 23 29
Barrie 31 30 31 31 30
Guelph 41 36 33 36 30
Sault Ste Marie 28 28 30 28 32
Prince Edward County 39 38 42 39 33
Brantford 42 36
Timmins 31 33 32 34 36
Greenstone 27 28 35 38 37
Belleville 23 24 28 33 38
Orangeville 20 20 25 33 38
Tiny 39
Quinte West 38 34 32 35 39
North Bay 29 29 29 38 42
Bancroft 42
Sarnia 25 26 27 32 43
Greater Sudbury 54 54 57 52 44
Wilmot 51 56 56 42 45
St Catharines 56 53 41 43 45
Kitchener 34 36 45 45 46
Huntsville 51 60 39 40 47
Toronto 53 48 45 45 47
Whitchurch ‐ Stouffville 89 88 87 67 49
Woolwich 57 47 46 53 49
Windsor 52 53 56 56 50
Niagara‐on‐the‐Lake 61 60 51 63 52
Waterloo 77 88 76 55 54
Stratford 50 49 52 53 55
Caledon 79 74 54 57 55
Municipal Financial Indicators 87
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Erin 48 49 57 56
Guelph‐Eramosa 44 48 51 56
Grey Highlands 63 48 52 58 57
Meaford 37 45 46 48 59
Hamilton 62 61 58 56 59
Thunder Bay 67 59 55 52 59
Oshawa 38 34 46 52 59
Espanola 60
Grimsby 91 82 65 61
Collingwood 65 59 59 53 61
Penetanguishene 62
Lincoln 101 78 75 70 62
Cornwall 64 66 66 62 63
Peterborough 65 63 61 64 63
Cambridge 54 56 64 64 63
Minto 58 60 57 68
North Stormont 57 50 48 64 70
Ingersoll 33 30 42 55 70
Innisfil 82 76 70 63 71
Georgina 54 60 62 65 71
Centre Wellington 94 92 114 71
Wainfleet 66 87 90 80 75
Fort Erie 56 61 69 73 77
St Marys 78 87 82 78
Bracebridge 77 74 52 59 80
Mississauga 79 79 80 85 81
Norfolk 86 81
Vaughan 85 79 70 102 83
Brampton 68 71 73 76 83
Burlington 79 78 80 84 84
Welland 81 76 70 80 84
Kincardine 137 112 93 85
Kingston 76 73 80 80 86
King 59 63 82 83 86
Gravenhurst 91 83 73 76 86
London 61 76 78 81 88
Municipal Financial Indicators 88
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Owen Sound
Tay
Brant County
Lambton Shores
Middlesex Centre
Port Colborne
Chatham‐Kent
North Perth
Parry Sound
Halton Hills
Brockton
Kenora
Wellington North
Wellesley
Springwater
Puslinch
Oakville
Elliot Lake
Pickering
Whitby
North Dumfries
Clarington
Milton
Saugeen Shores
Mapleton
North Middlesex
Brock
Richmond Hill
Thorold
West Lincoln
East Gwillimbury
102
30
32
79
62
110
115
154
104
65
53
112
0
139
119
159
118
182
155
69
103
100
45
76
41
86
138
64
111
137
100
156
82
132
71
80
109
54
138
112
144
55
127
193
157
74
98
94
64
83
89
98
90
123
71
117
132
101
104
94
113
70
75
110
50
129
160
132
94
125
135
207
133
72
91
92
77
93
94
94
91
111
87
106
103
105
101
93
112
100
74
111
63
120
171
129
141
150
189
192
124
156
90
90
92
93
93
94
95
95
95
96
96
98
98
101
101
102
104
105
110
111
111
119
124
126
131
154
155
173
196
204
208
Average
Median
65
61
68
61
70
69
74
65
73
68
Municipal Financial Indicators 89
Municipal Study 2018
Tax Discretionary Reserves (less WWW) as of TaxationmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Waterloo
Region Niagara
District Muskoka
Region Peel
Region Durham
Region Halton
Region York
40
42
67
119
113
155
178
48
43
67
120
122
172
191
42
47
72
119
137
208
212
44
45
79
126
150
219
223
41
46
91
127
165
214
223
Average
Median
102
113
109
120
120
119
126
126
130
127
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
80
21
55
50
83
90
63
32
57
59
75
87
69
48
58
66
79
85
87
Average
Median
80
80
60
59
63
64
71
73
Municipal Financial Indicators 90
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend
Municipality 2013 2014 2015 2016 2017
Orillia ‐17 ‐10 ‐4 ‐13 ‐27
Pelham 13 7 16 20 ‐6
Newmarket 23 11 ‐2 2 2
Brockville 10 11 11 11 13
St Thomas 21 16 15 20 17
Markham 90 65 59 49 18
Strathroy‐Caradoc 3 3 4 16 18
Kitchener 14 15 19 20 19
Tillsonburg 23 23 18 17 20
Ottawa 16 17 16 16 21
Guelph 31 27 25 28 23
Toronto 28 25 22 22 23
Barrie 25 24 25 25 24
Sault Ste Marie 20 21 22 21 24
Thunder Bay 27 24 22 23 24
Timmins 23 25 25 26 26
Brantford 30 26
Prince Edward County 31 30 34 31 27
Greenstone 19 21 27 29 28
Wilmot 31 36 37 28 28
Niagara‐on‐the‐Lake 38 37 32 38 29
Orangeville 16 16 20 28 30
Whitchurch ‐ Stouffville 61 56 59 47 31
Belleville 19 20 24 28 31
Woolwich 40 33 32 31 32
St Catharines 42 39 29 31 32
Huntsville 38 40 27 29 32
North Bay 22 22 23 30 33
Greater Sudbury 39 39 41 38 33
Tiny 33
Windsor 38 38 38 36 33
Sarnia 20 20 21 26 34
Quinte West 34 30 29 32 35
Waterloo 49 56 50 35 35
Bancroft 36
Stratford 35 34 36 37 37
Municipal Financial Indicators 91
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Caledon 54 53 39 40 40
Minto 36 39 37 43
Erin 36 32 45 43
Oshawa 29 26 33 37 43
Centre Wellington 53 56 60 44
Hamilton 46 46 44 42 44
Cornwall 44 46 47 44 44
Guelph‐Eramosa 33 38 40 45
Peterborough 43 44 43 45 45
Innisfil 55 53 51 41 46
Grey Highlands 45 37 42 46 47
Espanola 34 47
North Stormont 0 0 0 43 47
Cambridge 39 42 50 49 48
Meaford 31 38 38 40 48
Lincoln 74 58 60 55 48
Penetanguishene 49
Collingwood 52 45 46 43 50
Grimsby 0 74 65 51 50
Mississauga 48 50 51 52 50
St Marys 57 64 60 51
Wainfleet 52 69 73 67 53
Vaughan 59 57 50 70 55
Welland 51 53 48 57 56
Brant County 25 51 78 77 57
Kincardine 47 70 69 58
Kingston 52 49 55 56 58
Burlington 53 53 56 59 58
North Perth 58 58 56 58
Ingersoll 28 24 35 46 59
Georgina 44 45 48 52 59
Brampton 57 50 51 53 59
Bracebridge 61 58 40 45 61
Whitby 72 72 72 70 63
Fort Erie 47 51 59 62 65
Norfolk 70 66
Municipal Financial Indicators 92
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Brockton 66
King 34 36 50 59 66
London 46 57 59 60 67
Wellesley 82 66 65 68 68
Middlesex Centre 59 58 51 59 68
Milton 61 59 85 94 68
North Dumfries 34 33 39 69
Chatham‐Kent 66 76 73 69
Gravenhurst 73 65 58 62 69
Lambton Shores 24 31 39 54 70
Parry Sound 83 88 80 71
Oakville 71 91 80 79 72
Halton Hills 45 46 52 65 72
Puslinch 59 72 66 72
Owen Sound 77 83 78 73 72
Wellington North 104 103 78 74
Port Colborne 0 32 50 73 74
Kenora 81 82 87 79 76
Tay 77
Springwater 123 124 82 78 80
Saugeen Shores 98 92 87 84 83
Elliot Lake 43 53 49 79 86
Pickering 41 61 56 57 86
West Lincoln 113 120 95 94 90
Clarington 102 103 96 91 91
East Gwillimbury 46 51 51 63 101
Mapleton 44 73 106
Richmond Hill 122 112
North Middlesex 102 112 116
Brock 95 101 110 120 119
Haldimand 90 139 138
Thorold 149 160 163 158 160
Average 45 47 49 52 52
Median 43 45 48 49 48
Municipal Financial Indicators 93
Municipal Study 2018
Tax Discretionary Reserves as a of Own Source RevenuesmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Niagara
Region Waterloo
District Muskoka
Region Peel
Region Durham
Region York
Region Halton
30
32
57
97
99
139
118
30
39
57
98
105
147
132
33
34
61
99
117
157
159
32
36
67
105
128
175
171
32
34
77
106
135
167
170
Average
Median
82
97
87
98
94
99
102
105
103
106
Elgin County
Bruce County
Dufferin County
Wellington County
Grey County
Simcoe County
65
15
42
38
67
65
50
25
45
45
61
66
55
37
46
49
64
65
67
Average
Median
65
65
46
46
49
50
55
57
Municipal Financial Indicators 94
Municipal Study 2018
2017 Total and Tax Reserve Per Capita
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Orillia (97) $ (538) $
Pelham 108$ (50) $
Newmarket 593$ 18 $
Markham 325$ 122 $
Wilmot 378$ 158 $
Strathroy‐Caradoc 924 $ 180 $
Woolwich 467$ 188 $
Kitchener 244 $ 222 $
Tillsonburg 237 $ 237 $
St Thomas 650$ 254 $
North Stormont 412$ 264 $
Brockville 490 $ 271 $
Whitchurch ‐ Stouffville 377 $ 280 $
Guelph‐Eramosa 485$ 284 $
Erin 493$ 302 $
Huntsville 305 $ 305 $
Niagara‐on‐the‐Lake 647 $ 318 $
Centre Wellington 893 $ 322 $
St Catharines 417$ 337 $
Grimsby 642$ 339 $
Waterloo 351$ 351 $
Lincoln 874$ 358 $
Minto 980$ 370 $
Cambridge 545$ 377 $
Wellesley 384 $ 384 $
Tiny 747$ 384 $
Orangeville 723 $ 421 $
Sarnia 623$ 427 $
Barrie 767$ 438 $
Prince Edward County 539 $ 454 $
Caledon 456$ 456 $
Oshawa 465$ 465 $
Vaughan 820 $ 478 $
Sault Ste Marie 481 $ 481 $
Quinte West 721$ 485 $
North Dumfries 490$ 490 $
Total Tax Reserves Reserves
Municipality Per Capita Per Capita
Guelph 1388 $ 490 $
Ottawa 560$ 495 $
Brantford 1002 $ 502 $
Puslinch 504 $ 504 $
Bancroft 506$ 506 $
Mississauga 510 $ 510 $
Grey Highlands 922$ 518 $
Timmins 564 $ 564 $
Milton 575 $ 575 $
Welland 602 $ 576 $
Wellington North 1308 $ 577 $
Brampton 579$ 579 $
Wainfleet 590$ 590 $
Georgina 784$ 612 $
Fort Erie 754$ 619 $
Belleville 1176 $ 641 $
Springwater 1061 $ 650 $
Penetanguishene 662 $
North Bay 883$ 663 $
Bracebridge 665$ 665 $
Whitby 672$ 672 $
Burlington 675 $ 675 $
Greater Sudbury 865 $ 676 $
Toronto 1010 $ 678 $
Halton Hills 695 $ 695 $
Ingersoll 712$ 712 $
Innisfil 715$ 715 $
Tay 1096 $ 715 $
Windsor 760$ 716 $
Clarington 726$ 726 $
Meaford 975$ 729 $
Pickering 756$ 756 $
Brockton 992 $ 795 $
Middlesex Centre 961$ 796 $
Collingwood 1842 $ 801 $
Mapleton 1014 $ 802 $
Municipal Financial Indicators 95
Municipal Study 2018
2017 Total and Tax Reserve Per Capita (contrsquod)
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Port Colborne
Cornwall
North Perth
Hamilton
West Lincoln
Richmond Hill
Stratford
Peterborough
Thunder Bay
King
Oakville
Gravenhurst
Espanola
Lambton Shores
Norfolk
Brock
Elliot Lake
Kincardine
Greenstone
Saugeen Shores
Owen Sound
St Marys
Brant County
London
Chatham‐Kent
East Gwillimbury
Parry Sound
Kingston
Thorold
North Middlesex
Kenora
Haldimand
939 $
1042 $
1005 $
1312 $
1000 $
1126 $
940 $
1379 $
989 $
966 $
950 $
956 $
1316 $
1811 $
1330 $
1069 $
1418 $
2740 $
1125 $
1347 $
1312 $
1426 $
1535 $
1674 $
1429 $
1843 $
2577 $
2113 $
2056 $
1713 $
1929 $
3127 $
817 $
881 $
886 $
887 $
913 $
921 $
923 $
933 $
938 $
949 $
950 $
956 $
973 $
994 $
995 $
1069 $
1093 $
1100 $
1125 $
1138 $
1141 $
1151 $
1178 $
1262 $
1347 $
1482 $
1494 $
1522 $
1555 $
1569 $
1576 $
2613 $
Average Median
931 $ 820 $
684$ 645 $
Municipality
Total Reserves Per Capita
Tax Reserves Per Capita
Region Niagara
Region Waterloo
Region Peel
District Muskoka
Region Halton
Region Durham
Region York
604 $
525 $
1254 $
1823 $
1837 $
1934 $
2159 $
337 $
371 $
865 $
1351 $
1480 $
1528 $
1955 $
Average Median
1448 $ 1823 $
1127 $ 1351 $
Wellington County
Elgin County
Bruce County
Dufferin County
Simcoe County
Grey County
311 $
326 $
361 $
391 $
429 $
496 $
311 $
326 $
361 $
391 $
429 $
496 $
Average Median
386 $ 376 $
386 $ 376 $
Municipal Financial Indi‐ 96
Municipal Study 2018
Debt
The Ministry of Municipal Affairs and Housing regulates the level of debt that may be incurred by municipalities such that no more than 25 of the total Own Source Revenue can be used to service debt
and other long‐term obligations without receiving OMB approval In addition to confirming that the debt is within the legislated limits Government Finance Officersrsquo Association (GFOA) recommends the
following analysis be undertaken
Measures of the tax and revenue base such as
Projections of key relevant economic variables
Population trends
Utilization trends for services underlying revenues
Evaluation of trends relating to the governmentrsquos financial
performance such as
Revenues and expenditures
Net revenues available after meeting operating requirements
Reliability of revenues expected to pay debt service
Unreserved fund balance levels
Debt service obligations such as
Existing debt service requirements
Debt service as a percentage of expenditures or tax or system revenues
There are six financial debt indicators that have been included in the analysis to provide a clear understanding of the overall debt outstanding and the debt servicing costs
Financial Debt Indicator One Tax Debt Interest as of Own Source Revenues
This ratio indicates the extent to which the municipalityrsquos own source revenues are committed to debt interest charges This is calculated using Schedule 40 of the Financial Information Returns and the Own
Source Revenues in Schedule 81 less WaterWW revenues in Schedule 12
Formula
Tax Debt Interest
Own Source Revenues
Municipal Financial Indicators 97
Municipal Study 2018
Financial Debt Indicator Two Debt Charges as a of Own Source Revenues (Debt Service Ratio)
Debt Service is the amount of principal and interest that a municipality must pay each year to service the
debt (principal and interest expenses) As debt service increases it reduces expenditure flexibility This shows the of total debt expenditures including interest as a of own source revenue It is a measure of the municipalityrsquos ability to service its debt payments Schedule 74C has been used for the total debt charges (line 3099) and the tax debt charges (line 3012)
Formula
Debt Principal and Interest Payments
Own Source Revenue
Target
Credit rating agencies consider that principal and interest should be below 10 of Own Source Revenues
Interpretations
This indicator will trigger a warning if the increase in debt service consistently exceeds the increase in own source revenues
Financial Debt Indicator Three Debt Outstanding per Capita
This provides the debt outstanding as reflected on Schedule 74A divided by the population
Formula
Total Debt Outstanding
Population
Municipal Financial Indicators 98
Municipal Study 2018
Financial Debt Indicator Four Debt Outstanding Per Own Source Revenues
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Schedule 81
Formula
Total Debt Outstanding
Own Source Revenue
Financial Debt Indicator Five Debt to Reserve Ratio
Formula
Debt Outstanding
Reserves and Reserve Funds (Excluding Obligatory Reserve
Funds)
Financial Debt Indicator Six Debt Outstanding as a of Unweighted Assessment
This provides the debt outstanding as reflected on Schedule 74A divided by the municipalityrsquos own source revenues as reflected in Municipalityrsquos Levy by‐laws
Formula
Total Debt Outstanding
Unweighted Assessment
Target
This indicator provides a measure for financial prudence by comparing total debt to the total reserve balances Generally the benchmark suggested by credit rating agencies for this ratio is 11 or in other words debt should not exceed total reserve and reserve fund balances A 11 ratio reflects that for every dollar of debt there is a dollar of reserves
Municipal Financial Indicators 99
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend
Municipality 2013 2014 2015 2016 2017
Brampton 00 00 00 00 00
East Gwillimbury 00 00 00 00 00
Erin 00 11 08 08 00
Espanola 03 00
Mapleton 00 00 00 00 00
Richmond Hill 00 00 00 00 00
Tiny 00
West Lincoln 00 00 00 00 00
Whitby 00 00 00 00 00
Wilmot 15 00 00 00 00
Kenora 07 07 00 00 00
North Middlesex 02 01 01
Wainfleet 03 03 03 02 01
Grimsby 00 02 01 00 01
Puslinch 00 05 04 03 02
Markham 02 02 02 02 02
Sarnia 07 06 05 02 02
Wellesley 06 04 03 01 02
Sault Ste Marie 05 04 03 03 02
Thorold 05 05 05 03 03
Saugeen Shores 05 05 04 04 03
Greater Sudbury 03 03 04 03 03
Cambridge 04 04 03 04 03
Niagara‐on‐the‐Lake 05 03 03 05 04
Penetanguishene 04
Grey Highlands 01 02 02 01 04
Mississauga 01 02 03 04 04
Georgina 00 00 00 03 04
Brock 07 06 06 05 04
Vaughan 13 12 12 10 04
Orillia 09 08 07 05 04
Fort Erie 07 07 06 06 05
Brantford 03 05
Kincardine 00 04 06 09 06
Strathroy‐Caradoc 07 07 06 07 07
Thunder Bay 09 08 08 07 07
Municipal Financial Indicators 100
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Timmins 11 10 09 08 08
Clarington 13 12 11 09 08
Tay 08
Barrie 08 08 07 08 08
Pickering 09 09 08 08 08
Hamilton 13 11 11 09 09
Cornwall 12 12 09 10 09
Windsor 11 11 09 09 09
Meaford 17 13 12 10 09
Lincoln 05 06 06 08 09
Springwater 09 10 12 11 09
Elliot Lake 11 03 06 10 09
North Dumfries 00 15 13 11 10
Chatham‐Kent 00 16 14 13 10
Caledon 19 19 14 12 10
Centre Wellington 00 15 14 10 10
London 13 13 12 11 10
St Thomas 12 13 11 10 10
North Bay 19 19 17 11 10
Brockton 10
Prince Edward County 17 15 13 10 11
Woolwich 15 14 13 10 11
Kitchener 15 14 14 00 11
Norfolk 10 11
Greenstone 27 26 24 20 11
Ingersoll 12 17 15 13 11
Orangeville 23 23 21 15 11
Halton Hills 13 15 15 13 12
Burlington 14 13 12 13 12
Owen Sound 16 17 15 15 12
Guelph 15 16 12 14 12
Brant County 13 08 19 17 13
Bracebridge 21 19 17 14 13
King 15 14 15 14 14
Brockville 22 20 16 14 14
Milton 15 13 15 15 15
Municipal Financial Indicators 101
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville
Bancroft
Middlesex Centre
Haldimand
Guelph‐Eramosa
Newmarket
Parry Sound
Wellington North
Oshawa
Peterborough
Innisfil
Lambton Shores
Stratford
Huntsville
Tillsonburg
St Marys
Quinte West
Port Colborne
St Catharines
North Stormont
Collingwood
Belleville
Minto
North Perth
Welland
Whitchurch ‐ Stouffville
Kingston
Ottawa
Waterloo
Toronto
Pelham
Gravenhurst
10
25
00
26
00
00
22
19
33
25
24
34
39
00
10
00
22
00
33
08
00
47
22
43
23
30
42
41
10
76
09
23
24
24
19
31
23
19
30
21
23
28
29
31
12
19
21
00
28
14
14
37
40
28
32
39
42
11
69
16
16
15
20
22
20
25
21
18
28
20
23
26
26
27
13
12
24
00
29
14
13
29
32
39
27
31
39
39
14
60
17
15
17
17
19
20
20
19
19
21
20
22
25
24
25
19
15
24
21
26
21
20
29
30
38
29
31
36
39
19
54
15
16
16
16
16
17
17
18
18
18
19
19
19
20
20
21
21
22
23
23
23
24
25
25
27
29
29
30
33
38
46
47
Average
Median
13
10
14
12
13
12
12
10
12
10
Municipal Financial Indicators 102
Municipal Study 2018
Tax Debt Interest as a of Own Source RevenuemdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
District Muskoka
Region Durham
Region Halton
Region Peel
Region York
Region Waterloo
Region Niagara
06
09
07
14
17
18
16
05
10
06
14
19
23
16
05
09
08
12
18
23
17
05
08
08
11
20
21
27
04
06
07
09
19
24
26
Average
Median
12
14
13
14
13
12
14
11
14
09
Grey County
Elgin County
Simcoe County
Wellington County
Dufferin County
Bruce County
16
01
04
05
14
22
30
01
04
06
13
19
26
00
04
05
11
16
22
Average
Median
16
16
13
10
11
09
10
08
Municipal Financial Indicators 103
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues 2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Brampton 00 00
East Gwillimbury 00 00
Kenora 00 00
Kingston 65 00
Markham 03 00
North Perth 48 00
Richmond Hill 00 00
Timmins 36 00
Tiny 00 00
West Lincoln 00 00
Whitby 00 00
Wilmot 00 00
North Dumfries 33 01
Grimsby 02 02
Caledon 40 04
Clarington 48 04
Windsor 20 05
Thorold 06 08
Brock 10 10
Wainfleet 12 10
Georgina 33 11
Sault Ste Marie 15 12
Chatham‐Kent 54 14
Strathroy‐Caradoc 56 15
Tay 64 15
Innisfil 50 17
Wellesley 18 18
Whitchurch ‐ Stouffville 58 19
Centre Wellington 80 19
Brantford 33 23
Puslinch 23 23
Oakville 47 25
Woolwich 21 25
Halton Hills 74 25
St Thomas 30 26
Mississauga 26 26
2017 Total Debt Charges as a of Own Source
2017 Tax Debt Charges as a of Own Source
Municipality Revenues Revenues
Greater Sudbury 22 26
Penetanguishene 21 27
Elliot Lake 23 29
Thunder Bay 54 31
Vaughan 23 31
Brant County 44 31
Fort Erie 37 33
Kincardine 33 34
Niagara‐on‐the‐Lake 24 34
Orillia 29 35
Springwater 66 36
Bracebridge 36 36
Prince Edward County 71 36
Erin 32 37
Parry Sound 80 38
Espanola 30 38
North Middlesex 45 38
Cambridge 25 39
Middlesex Centre 88 39
Barrie 85 42
Kitchener 38 42
Meaford 57 43
Milton 86 43
Pickering 44 44
Grey Highlands 38 44
Lincoln 41 48
Waterloo 48 48
Newmarket 43 49
Sarnia 37 50
Hamilton 51 53
Owen Sound 89 55
Cornwall 47 55
Huntsville 55 55
Ingersoll 56 56
Peterborough 94 56
Belleville 71 56
Municipal Financial Indicators 104
Municipal Study 2018
2017 Total and Tax Debt Charges as a of Own Source Revenues (contrsquod)
Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues Municipality
2017 Total Debt Charges as a of Own Source Revenues
2017 Tax Debt Charges as a of Own Source Revenues
Oshawa 57 57 Region Peel 94 06
Norfolk 56 57 District Muskoka 61 08
Brockton 57 61 Region York 231 14
Haldimand 53 63 Region Durham 63 18
Stratford 91 64 Region Halton 55 19
Orangeville 56 64 Region Niagara 71 87
Ottawa 79 66 Region Waterloo 98 89
London 70 67 Average 96 34 North Bay 90 69 Median 71 18
Saugeen Shores 54 70
Burlington
St Marys
71
60
71
71
Grey County
Elgin County
00
04
00
04
Pelham 117 72 Wellington County 40 35
Brockville 61 73 Simcoe County 36 36
Tillsonburg 76 76 Dufferin County 60 60
Guelph 78 78 Bruce County 70 70
Quinte West 66 81 Average 35 34
North Stormont 78 84 Median 38 35
Toronto 78 87
Port Colborne 70 95
King 82 96
St Catharines 86 98
Guelph‐Eramosa 80 101
Gravenhurst 103 103
Greenstone 98 107
Collingwood 92 112
Lambton Shores 83 114
Bancroft 98 129
Wellington North 98 130
Welland 90 132
Minto 124 165
Average 51 44 Median 51 38
Municipal Financial Indicators 105
Municipal Study 2018
2017 Total Debt Outstanding Per Capita
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
East Gwillimbury ‐$ ‐$
Espanola 1112 $ ‐$
Richmond Hill ‐$ ‐$
Whitby ‐$ ‐$
Wilmot ‐$ ‐$
Kenora ‐$ ‐$
Tiny 3$ 3$
Puslinch 15 $ 15 $
West Lincoln 17 $ 17 $
Wainfleet 27 $ 27 $
Markham 35 $ 35 $
Georgina 232$ 44 $
Thorold 59 $ 59 $
Wellesley 60 $ 60 $
Sault Ste Marie 171 $ 83 $
Niagara‐on‐the‐Lake 157 $ 87 $
Saugeen Shores 707$ 88 $
Brock 94 $ 94 $
Sarnia 167$ 98 $
Woolwich 135$ 124 $
Penetanguishene 128 $ 128 $
Grimsby 133$ 133 $
North Dumfries 139 $ 135 $
Brampton 137$ 137 $
Centre Wellington 807 $ 145 $
Fort Erie 261 $ 151 $
Vaughan 179 $ 158 $
Clarington 173$ 173 $
Caledon 175$ 175 $
North Middlesex 286$ 185 $
Strathroy‐Caradoc 344 $ 191 $
Greater Sudbury 460 $ 192 $
Wellington North 407 $ 192 $
Lincoln 195$ 195 $
Cambridge 292$ 198 $
Mississauga 202$ 202 $
Total Debt Tax Debt Outstanding Outstanding Per
Municipality Per Capita Capita
Springwater 240$ 240 $
Elliot Lake 244$ 244 $
Windsor 373$ 265 $
Newmarket 377$ 270 $
Tay 980$ 283 $
Meaford 572$ 288 $
Guelph‐Eramosa 559$ 293 $
Orillia 307 $ 307 $
Grey Highlands 445$ 312 $
Kincardine 312 $ 312 $
Kitchener 313 $ 313 $
Timmins 1234 $ 322 $
Pickering 325$ 325 $
Erin 348$ 348 $
Ingersoll 358$ 358 $
King 551$ 377 $
Owen Sound 961$ 380 $
Chatham‐Kent 847 $ 382 $
Huntsville 382 $ 382 $
North Stormont 382$ 382 $
Milton 412 $ 412 $
Halton Hills 433 $ 433 $
Burlington 459$ 459 $
Oshawa 472$ 472 $
Norfolk 895$ 475 $
Minto 992$ 489 $
Brockton 511$ 511 $
Prince Edward County 1600 $ 518 $
Hamilton 739 $ 523 $
Waterloo 572$ 527 $
Brantford 771$ 529 $
Barrie 2061 $ 531 $
Orangeville 1026 $ 533 $
Middlesex Centre 1178 $ 540 $
Oakville 579 $ 579 $
Innisfil 596$ 596 $
Municipal Financial Indicators 106
Municipal Study 2018
2017 Total Debt Outstanding Per Capita (contrsquod)
107Municipal Financial Indicators
Municipality
Total Debt Outstanding
Per Capita
Tax Debt Outstanding Per
Capita
Tillsonburg 601 $ 601 $
Whitchurch ‐ Stouffville 602 $ 602 $
London 778 $ 616 $
Bracebridge 641 $ 641 $
Haldimand 1000$ 657 $
Lambton Shores 1059 $ 672 $
Cornwall 910$ 684 $
St Thomas 824 $ 693 $
Bancroft 1568 $ 717 $
Welland 830$ 730$
St Catharines 783 $ 756 $
Mapleton 900$ 762 $
Guelph 788 $ 769 $
North Bay 1110$ 787 $
Collingwood 1176 $ 795 $
Brockville 1191 $ 818 $
Thunder Bay 1777 $ 868 $
Parry Sound 2076 $ 891 $
St Marys 1223 $ 1052 $
Brant County 1366 $ 1068 $
North Perth 1163 $ 1072 $
Port Colborne 1287 $ 1117 $
Quinte West 2233 $ 1136 $
Peterborough 1482 $ 1175 $
Stratford 2082 $ 1331 $
Belleville 1814 $ 1377 $
Gravenhurst 1489 $ 1489 $
Pelham 1772 $ 1707 $
Ottawa 2417 $ 1731 $
Kingston 2855 $ 1913 $
Toronto 2168 $ 2168 $
Greenstone 3335 $ 3335 $
Average 731 $ 507 $ Median 555 $ 379 $
Municipality
Total Debt Outstanding Per Capita
Tax Debt Outstanding Per
Capita
Region Durham 167 $ 132 $
District Muskoka 1063 $ 157 $
Region Peel 976$ 176 $
Region Halton 548$ 189 $
Region Niagara 733$ 589 $
Region York 2911 $ 763 $
Region Waterloo 1224 $ 854 $
Average 1089$ 408$ Median 976$ 189$
Grey County 17 $ 17 $
Simcoe County 58 $ 58 $
Elgin County 94 $ 94 $
Wellington County 114 $ 114 $
Dufferin County 280$ 280 $
Bruce County 301$ 301 $
Average 144$ 144$
Median 104$ 104$
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues
Municipality
Debt Outstanding as a of Own Source Revenues
Cambridge 236
Municipality
Debt Outstanding as a of Own Source Revenues
Springwater 242
Strathroy‐Caradoc 258
Ingersoll 295
Newmarket 301
Guelph 306
Meaford 308
Hamilton 313
King 330
Brantford 335
Grey Highlands 346
London 350
Wellington North 351
Chatham‐Kent 358
Brockton 361
Pickering 370
Innisfil 382
Cornwall 389
Burlington 395
St Thomas 395
Saugeen Shores 399
Huntsville 402
Waterloo 411
Thunder Bay 412
Espanola 425
Erin 427
Oakville 436
Haldimand 438
Oshawa 439
Halton Hills 446
St Marys 454
North Bay 456
Owen Sound 458
Timmins 463
Milton 490
Brockville 491
Norfolk 493
East Gwillimbury 00
Kenora 00
Richmond Hill 00
Whitby 00
Wilmot 00
Tiny 02
West Lincoln 14
Puslinch 22
Wainfleet 24
Markham 34
Thorold 44
Sault Ste Marie 72
Penetanguishene 73
Niagara‐on‐the‐Lake 98
Sarnia 99
Brock 104
Wellesley 107
Orillia 127
Brampton 140
Kincardine 141
Vaughan 144
Grimsby 149
Elliot Lake 150
Caledon 152
Windsor 154
North Middlesex 163
Fort Erie 172
Woolwich 186
Greater Sudbury 187
North Dumfries 194
Mississauga 198
Georgina 205
Kitchener 206
Clarington 216
Lincoln 221
Municipal Financial Indicators 108
Municipal Study 2018
2017 Debt Outstanding Per Own Source Revenues (contrsquod)
Municipality
Debt Outstanding as a of Own Source Revenues
Tillsonburg 509
Collingwood 526
Whitchurch ‐ Stouffville 538
Lambton Shores 545
Welland 557
Orangeville 566
North Stormont 568
Brant County 587
Bracebridge 587
North Perth 596
Peterborough 605
St Catharines 652
Toronto 672
Guelph‐Eramosa 696
Parry Sound 710
Tay 716
Belleville 729
Stratford 747
Greenstone 752
Centre Wellington 784
Prince Edward County 804
Minto 808
Middlesex Centre 809
Port Colborne 827
Bancroft 858
Ottawa 888
Barrie 928
Kingston 932
Mapleton 1059
Gravenhurst 1082
Quinte West 1314
Pelham 1637
Average 409
Median 385
Municipality
Debt Outstanding as a of Own Source Revenues
Region Durham
Region Halton
District Muskoka
Region Niagara
Region Peel
Region Waterloo
Region York
114
456
530
576
911
935
2069
Average
Median
799
576
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
22
90
107
235
354
388
Average
Median
199
171
Municipal Financial Indicators 109
Municipal Study 2018
Debt To Reserve RatiomdashTrend
This includes discretionary reserves and all outstanding debt as reflected on Schedules 60 and 74A of the 2017 FIRs Note Reserves excludes obligatory reserves
Municipality 2013 2014 2015 2016 2017
Orillia (33) 53 12 12 (31)
East Gwillimbury 00 00 00 ‐
Kenora 03 03 ‐
Richmond Hill ‐
Whitby 00 ‐
Wilmot 00 ‐
Tiny 00
West Lincoln 00 00 00 00 00
Thorold 01 01 01 00 00
Puslinch 02 01 01 00
Wainfleet 01 01 01 00 00
Brock 02 01 01 01 01
Markham 00 01 01 01 01
Kincardine 01 02 01 01
Wellesley 01 01 01 02 02
Penetanguishene 02
North Middlesex 04 03 02
Elliot Lake 01 01 03 02 02
Grimsby 00 02
Vaughan 03 03 03 02 02
Lincoln 02 01 01 03 02
Springwater 03 04 03 03 02
Brampton 00 04 03 03 02
Clarington 03 03 03 03 02
Niagara‐on‐the‐Lake 04 03 05 03 02
Sarnia 12 09 06 05 03
North Dumfries 10 09 06 03
Woolwich 05 05 04 03 03
Georgina 06 05 04 04 03
Wellington North 05 05 04 03
Haldimand 03 03 03
Fort Erie 08 05 04 04 03
Sault Ste Marie 04 03 03 03 04
Strathroy‐Caradoc 08 08 07 05 04
Caledon 05 05 05 05 04
Mississauga 02 02 03 03 04
Municipal Financial Indicators 110
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Pickering 06 04 04 05 04
London 09 07 06 05 05
Grey Highlands 03 03 02 04 05
Windsor 06 06 05 05 05
Ingersoll 15 19 11 08 05
Brockton 05
Saugeen Shores 07 07 07 06 05
Greater Sudbury 02 02 05 05 05
Cambridge 03 03 03 04 05
Hamilton 06 06 06 07 06
Guelph 06 05 05 07 06
King 12 08 10 08 06
Lambton Shores 21 14 10 08 06
Meaford 16 13 11 08 06
Chatham‐Kent 10 08 07 06
Oakville 03 02 07 06 06
Halton Hills 12 15 11 08 06
Newmarket 10 10 10 08 06
Collingwood 11 12 09 09 06
Norfolk 05 07
Burlington 07 07 06 08 07
Erin 06 05 08 07
Milton 07 06 06 04 07
Owen Sound 08 06 06 08 07
Brantford 08
Parry Sound 08 08 08 08
Innisfil 09 08 08 11 08
Espanola 12 08
St Marys 11 08 08 09
Cornwall 05 05 05 08 09
Mapleton 05 06 09
Brant County 13 08 08 07 09
Tay 09
Centre Wellington 11 11 09 09
North Stormont 11 09
Bracebridge 07 06 08 06 10
Municipal Financial Indicators 111
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Minto
Oshawa
Peterborough
Guelph‐Eramosa
North Perth
Middlesex Centre
Huntsville
North Bay
St Thomas
Kitchener
Kingston
Port Colborne
Welland
Orangeville
Belleville
Gravenhurst
Whitchurch ‐ Stouffville
Waterloo
Thunder Bay
St Catharines
Toronto
Timmins
Stratford
Brockville
Tillsonburg
Barrie
Greenstone
Prince Edward County
Bancroft
Quinte West
Ottawa
Pelham
20
08
26
19
28
08
25
13
20
36
20
24
16
13
15
13
19
09
33
22
30
42
58
31
17
58
13
08
22
09
24
14
23
08
20
13
10
20
21
15
24
13
12
17
13
20
07
30
23
25
40
50
29
20
49
17
09
15
10
10
20
20
20
23
06
18
13
07
20
14
19
24
13
13
18
21
22
16
31
21
30
32
35
22
26
52
18
13
13
10
14
14
15
17
16
06
16
12
07
16
10
18
20
14
17
20
18
21
23
27
26
31
30
32
21
32
50
37
10
10
11
12
12
12
13
13
13
13
14
14
14
14
15
16
16
16
18
19
21
22
22
24
25
27
30
30
31
31
43
164
Average
Median
11
08
11
08
10
08
10
07
10
06
Municipal Financial Indicators 112
Municipal Study 2018
Debt To Reserve RatiomdashTrend (contrsquod)
Municipality
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region York
Region Waterloo
2013
03
04
12
10
08
17
20
2014
03
04
11
10
10
17
23
2015
02
04
09
09
11
15
25
2016
01
03
07
09
12
14
24
2017
01
03
06
08
12
13
23
Average
Median
11
10
11
10
11
09
10
09
09
08
Grey County
Simcoe County
Elgin County
Wellington County
Dufferin County
Bruce County
05
01
03
08
04
13
12
00
02
05
05
09
10
00
01
03
04
07
08
Average
Median
05
05
07
06
05
05
04
03
Municipal Financial Indicators 113
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend
Municipality 2013 2014 2015 2016 2017
East Gwillimbury 1$ 1$ 0$ ‐$
Kenora 555$ 489 $ ‐$
Richmond Hill ‐$
Whitby ‐$
Wilmot 2$ ‐$
Tiny 1$
Puslinch 24 $ 18$ 12 $ 6$
West Lincoln 3$ 22 $ 17 $ 13 $
Markham 18 $ 22 $ 20$ 17 $ 14$
Wainfleet 42 $ 35 $ 26$ 17 $ 17 $
Wellesley 38 $ 27 $ 16$ 45 $ 36$
Thorold 108$ 98 $ 88$ 63 $ 54$
Niagara‐on‐the‐Lake 103 $ 80 $ 98$ 79 $ 60$
Brock 95 $ 86 $ 77 $ 68$ 60$
Vaughan 113$ 99 $ 75 $ 66$ 66$
North Dumfries 116 $ 102 $ 88$ 74$
Caledon 144$ 119 $ 98$ 95 $ 74$
Woolwich 125 $ 114 $ 104$ 92 $ 82 $
Grimsby 1$ 0$ 2$ 92 $
Brampton 119 $ 108 $ 97 $
Mississauga 42 $ 64 $ 84$ 95 $ 103 $
North Middlesex 207 $ 152 $ 109 $
Penetanguishene 118 $
Clarington 190$ 217 $ 181 $ 149 $ 130$
Springwater 207$ 242 $ 216 $ 188 $ 135 $
Lincoln 112$ 91 $ 99 $ 170$ 138 $
Georgina 238$ 208 $ 182 $ 182 $ 150$
Kincardine 170 $ 237 $ 201 $ 159 $
Sarnia 420$ 361 $ 283 $ 237 $ 172 $
Erin 121$ 100$ 196 $ 172 $
King 345$ 274 $ 296 $ 233 $ 178 $
Pickering 144$ 149 $ 123 $ 144$ 185 $
Sault Ste Marie 227 $ 175 $ 145 $ 122 $ 196 $
Newmarket 362$ 319 $ 281 $ 238 $ 198 $
Huntsville 312 $ 283 $ 256 $ 234$ 207 $
Grey Highlands 13$ 113 $ 93 $ 168 $ 212 $
Municipal Financial Indicators 114
Municipal Study 2018
Debt Outstanding per $100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Oakville 135 $ 108 $ 275 $ 238 $ 213 $
Burlington 219 $ 212 $ 210 $ 252 $ 221 $
Milton 212 $ 169 $ 234 $ 192 $ 225 $
Halton Hills 279 $ 370 $ 321 $ 279 $ 226 $
Fort Erie 347 $ 299 $ 257 $ 285 $ 233 $
Cambridge 111 $ 97 $ 143 $ 166 $ 240 $
North Stormont 259 $ 242 $
Orillia 533 $ 462 $ 395 $ 329 $ 259 $
Kitchener 481 $ 417 $ 360 $ 310 $ 270 $
Whitchurch ‐ Stouffville 427 $ 1125 $ 376 $ 321 $ 273 $
Wellington North 517 $ 468 $ 367 $ 277 $
Guelph‐Eramosa 221 $ 193 $ 324 $ 278 $
Strathroy‐Caradoc 475 $ 425 $ 367 $ 357 $ 286 $
Innisfil 577 $ 515 $ 471 $ 405 $ 333 $
Bracebridge 206 $ 188 $ 170 $ 156 $ 345 $
Waterloo 445 $ 461 $ 416 $ 373 $ 348 $
Meaford 598 $ 523 $ 455 $ 404 $ 355 $
Brockton 365 $
Ingersoll 547 $ 615 $ 536 $ 464 $ 385 $
Saugeen Shores 625 $ 550 $ 487 $ 448 $ 397 $
Oshawa 570 $ 563 $ 507 $ 485 $ 405 $
Mapleton 147$ 225 $ 421 $
Lambton Shores 740 $ 656 $ 586 $ 509 $ 431 $
Greater Sudbury 245 $ 201 $ 520 $ 491 $ 442 $
Elliot Lake 197 $ 164 $ 618 $ 556 $ 492 $
Windsor 735 $ 2773 $ 642 $ 584 $ 527 $
Centre Wellington 761 $ 688 $ 605 $ 531 $
Guelph 659 $ 554 $ 480 $ 738 $ 566 $
Gravenhurst 758 $ 707 $ 658 $ 618 $ 569 $
Middlesex Centre 921 $ 808 $ 712 $ 624 $ 573 $
Hamilton 677 $ 749 $ 637 $ 725 $ 598 $
Tillsonburg 819 $ 725 $ 649 $ 618 $ 610 $
North Perth 1078 $ 855 $ 727 $ 620 $
Norfolk 642 $
Collingwood 1077 $ 1045 $ 915 $ 818 $ 688 $
Chatham‐Kent ‐$ 1110 $ 977 $ 845 $ 710 $
Municipal Financial Indicators 115
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
London
Brantford
Haldimand
St Catharines
Tay
Orangeville
Brant County
Minto
Prince Edward County
Toronto
Welland
St Thomas
North Bay
Owen Sound
St Marys
Cornwall
Brockville
Pelham
Port Colborne
Peterborough
Ottawa
Espanola
Timmins
Barrie
Bancroft
Stratford
Belleville
Thunder Bay
Parry Sound
Kingston
Quinte West
Greenstone
1052 $
595 $
625 $
782 $
1110 $
935 $
1287 $
727 $
1364 $
1100 $
802 $
978 $
234 $
1199 $
1528 $
555 $
1807 $
2300 $
1139 $
2109 $
1914 $
936 $
3515 $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
973
573
636
865
686
1002
929
1217
659
1214
953
1426
706
1021
266
559
1185
1362
501
1744
2061
1028
1984
2078
1813
1054
3242
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
910
642
786
596
779
840
889
957
1150
576
1369
819
1288
729
875
364
766
1296
1311
1556
1027
1666
2255
1587
1941
1909
1989
1505
2979
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
799
676
771
511
700
1018
791
917
1092
586
1189
1214
1153
1176
1195
887
670
1428
1307
1648
1706
2019
2003
1979
2111
1791
2169
2913
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
740
755
759
759
789
806
846
851
966
974
1011
1036
1064
1066
1155
1181
1202
1246
1337
1414
1473
1490
1542
1589
1656
1774
1821
1926
1967
2226
2303
2555
Average
Median
616 $
507 $
$
$
608
462
$
$
590
461
$
$
602
404
$
$
579
351
Municipal Financial Indicators 116
Municipal Study 2018
Debt Outstanding per 100000 of Unweighted AssessmentmdashTrend (contrsquod)
Municipality 2013 2014 2015 2016 2017
Region Durham
Region Halton
District Muskoka
Region Peel
Region Niagara
Region Waterloo
Region York
291 $
319 $
377 $
782 $
488 $
698 $
1261 $
297 $
307 $
710 $
552 $
955 $
1339 $
249 $
315 $
315 $
642 $
623 $
926 $
1333 $
193 $
292 $
294 $
633 $
607 $
948 $
1261 $
119 $
245 $
266 $
556 $
619 $
918 $
1167 $
Average
Median
602 $
488 $
693 $
631 $
629 $
623 $
604 $
607 $
556 $
556 $
Elgin County
Dufferin County
Grey County
Simcoe County
Wellington County
Bruce County
242 $
79 $
227 $
20 $
48 $
208 $
204 $
86 $
201 $
13 $
39 $
190 $
190 $
‐$
‐$
10 $
32 $
158 $
161 $
Average
Median
242 $
242 $
131 $
141 $
120 $
138 $
60 $
21 $
Municipal Financial Indicators 117
Municipal Study 2018
Taxes Receivable as a of Taxes Levied
This ratio is a strong indicator of the strength of a local economy and the ability of residents to pay their annual taxes This is calculated using Schedule 72A of the Financial Information Returns
Formula
Taxes Receivable
Taxes Levied
Target
Credit Rating agencies consider over 8 a negative factor
Interpretations
If this percentage increases over time it may indicate a decline in the municipalityrsquos economic health
Taxes Receivable as a of Tax LeviedmdashBy Location
Taxes Receivables
SimcoeMuskDuff
North
Eastern
NiagaraHamilton
Southwest
GTA
Municipal Financial Indicators 118
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location
Municipality 2013 2014 2015 2016 2017
Mississauga
Newmarket
Burlington
Oshawa
Milton
Oakville
Markham
Halton Hills
Toronto
Clarington
Whitby
Brampton
Vaughan
Richmond Hill
Caledon
Brock
East Gwillimbury
Georgina
Pickering
Whitchurch ‐ Stouffville
King
26
40
31
26
37
38
54
60
41
54
48
60
75
00
79
123
91
76
84
74
143
27
34
33
18
45
35
49
52
43
48
45
62
51
68
106
75
79
73
75
151
27
32
28
22
32
38
46
46
40
46
44
51
53
53
87
67
65
76
84
151
23
27
28
18
34
37
42
41
42
43
39
45
47
51
55
74
58
62
75
82
118
21
23
26
28
35
36
38
40
40
45
46
50
50
54
55
67
68
70
77
80
119
GTA Average
GTA Median
60
57
58
51
55
46
49
44
51
46
Municipal Financial Indicators 119
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kingston 36 29 29 23 21
Peterborough 36 37 32 23 23
Belleville 27 35 26 28 28
Cornwall 40 34 36 36 42
Ottawa 35 43 47 50 52
Prince Edward County 117 109 98 105 86
Quinte West 76 79 57 65 90
North Stormont 00 00 00 119 99
Brockville 49 55 75 84 104
Bancroft 166
Eastern Average 46 47 44 59 71
Eastern Median 36 37 36 50 69
Municipality 2013 2014 2015 2016 2017
Niagara‐on‐the‐Lake
St Catharines
Lincoln
Pelham
Fort Erie
Grimsby
Welland
Port Colborne
Wainfleet
Hamilton
Thorold
West Lincoln
71
61
92
81
109
00
125
118
85
85
141
58
62
74
72
100
66
124
58
114
86
61
164
48
64
82
77
91
54
140
59
95
84
73
148
31
55
60
71
83
61
104
58
76
81
59
94
30
51
52
55
60
64
64
72
73
74
99
102
NiagaraHamilton Average
NiagaraHamilton Median
88
86
80
72
84
79
69
64
66
64
Municipal Financial Indicators 120
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Kenora 19 23 15 13 10
Greater Sudbury 28 23 25 24 30
Parry Sound 68 67 46 34
North Bay 42 48 45 40 45
Thunder Bay 63 54 71 63 58
Espanola 52 73
Elliot Lake 34 38 42 42 79
Timmins 66 72 65 60 79
Greenstone 182 183 186 162 129
Sault Ste Marie 128 117 110 150 195
North Average 70 69 68 67 73
North Median 53 54 58 46 65
Municipality 2013 2014 2015 2016 2017
Orangeville
Barrie
Penetanguishene
Gravenhurst
Collingwood
Bracebridge
Tiny
Orillia
Innisfil
Springwater
Tay
Huntsville
52
60
137
79
130
109
90
125
141
30
63
115
85
122
114
95
117
154
19
59
88
72
103
100
102
102
157
20
50
67
61
79
81
91
90
129
11
50
59
65
73
76
83
84
85
86
92
125
SimcoeMuskDuff Average
SimcoeMuskDuff Median
103
109
99
114
89
100
74
79
74
79
Municipal Financial Indicators 121
Municipal Study 2018
Taxes Receivable as a of Tax LeviedmdashTrend By Location (contrsquod)
Municipality 2013 2014 2015 2016 2017
Sarnia
North Perth
London
Guelph
Tillsonburg
Wilmot
Ingersoll
Stratford
Brantford
Wellesley
Woolwich
Brant County
Centre Wellington
St Marys
Puslinch
Kitchener
Brockton
Waterloo
Chatham‐Kent
North Middlesex
Kincardine
Middlesex Centre
Strathroy‐Caradoc
Saugeen Shores
Owen Sound
Cambridge
St Thomas
Lambton Shores
Meaford
Guelph‐Eramosa
North Dumfries
Wellington North
Windsor
Norfolk
Erin
Minto
Mapleton
Grey Highlands
50
25
16
16
39
41
60
51
39
54
70
57
67
53
83
48
47
90
27
85
62
98
142
23
21
19
44
47
51
48
38
42
52
55
48
52
62
48
68
67
54
81
47
40
91
21
80
79
72
60
87
97
131
104
69
146
19
26
19
22
39
33
49
44
31
46
45
48
49
46
52
49
48
69
54
59
57
45
26
74
34
82
81
66
63
75
86
108
98
63
159
15
27
26
25
30
28
45
41
37
26
48
44
45
45
23
55
39
47
60
63
61
60
44
50
73
67
79
71
67
65
78
84
83
86
83
161
16
18
20
22
26
26
35
36
37
37
38
38
40
40
43
43
44
47
48
49
50
51
53
54
55
58
60
61
61
63
63
79
83
85
86
87
101
158
Southwest Average
Southwest Median
57
53
62
54
58
49
58
50
53
49
Municipal Financial Indicators 122
Municipal Study 2018
Rates Coverage Ratio
The Rates Coverage Ratio provides a measure of the municipalityrsquos ability to cover its costs through its
own sources of revenue According to the Ministry of Municipal Affairs and Housing a basic target is 40‐60 an intermediate is 60‐90 and an advanced target is 90 or greater
OSR as a of Total
Municipality Expenditures
Cornwall 620
St Thomas 626
Parry Sound 631
Wellesley 654
Norfolk 659
Milton 677
Bancroft 692
Peterborough 712
Greater Sudbury 743
Windsor 743
Brantford 745
Elliot Lake 757
Gravenhurst 757
North Stormont 776
Wilmot 777
Chatham‐Kent 781
Hamilton 791
Stratford 805
Tiny 808
Ottawa 808
Erin 814
Timmins 816
Toronto 825
London 834
Huntsville 836
Grey Highlands 841
North Dumfries 842
Prince Edward County 844
Tay 847
Brockton 854
Greenstone 854
Minto 855
Espanola 857
Puslinch 866
Kingston 874
Port Colborne 878
OSR as a of Total
Municipality Expenditures
Brampton 882
Guelph‐Eramosa 883
Halton Hills 890
Woolwich 897
Guelph 898
Bracebridge 899
Springwater 907
Clarington 909
Saugeen Shores 909
Lambton Shores 911
Kenora 912
Thunder Bay 912
Lincoln 913
Haldimand 916
Brock 919
Centre Wellington 923
Owen Sound 924
Markham 924
Vaughan 925
Barrie 927
Sault Ste Marie 929
North Bay 932
Grimsby 936
Pelham 938
Oakville 942
Mississauga 944
North Middlesex 950
Quinte West 956
Wellington North 958
Georgina 962
Waterloo 963
St Catharines 967
Newmarket 969
Whitchurch ‐ Stouffville 973
Brockville 973
Burlington 986
Municipal Financial Indicators 123
Municipal Study 2018
Rates Coverage Ratio Contrsquod
Municipality
OSR as a of Total
Expenditures
Pickering 987
Richmond Hill 990
Welland 998
Tillsonburg 1005
Thorold 1017
Cambridge 1022
Mapleton 1022
St Marys 1023
Belleville 1024
Penetanguishene 1024
Middlesex Centre 1028
Kincardine 1032
Sarnia 1036
Ingersoll 1038
Collingwood 1044
Oshawa 1045
Niagara‐on‐the‐Lake 1047
Kitchener 1047
King 1055
Caledon 1059
Fort Erie 1062
Orillia 1071
Wainfleet 1072
Brant County 1080
Innisfil 1092
East Gwillimbury 1093
Orangeville 1096
Meaford 1140
Strathroy‐Caradoc 1146
North Perth 1172
Whitby 1181
West Lincoln 1497
Average 921
Median 923
Municipality
OSR as a of Total
Expenditures
Region Niagara
Region Peel
Region Waterloo
District Muskoka
Region York
Region Durham
Region Halton
678
699
744
811
827
844
877
Average
Median
Simcoe County
Grey County
Wellington County
Dufferin County
Bruce County
Elgin County
783
811 3
509
580
581
647
652
654
Average
Median
604
614
Municipal Financial Indicators 124