2023 Capital and Operating Budget

The budget is the Township's plan for the coming period, expressed in dollars. The budget, prepared by staff is the culmination of ongoing engagement on public priorities throughout the year. It is prepared by taking into consideration both this community input and direction from Township Council.

The Township relies on property tax dollars to provide the services, facilities, programs and infrastructure that contribute to your quality of life.


The approved 2023 Budget has a 3.53% increase in Township taxation, which equals an additional $46 per year on the average assessed home in Centre Wellington. The 2023 budget includes a $35.1 million tax supported operating budget, a $35.4 million capital budget, and a $14.2 million water and wastewater operating budget. The 2023 budget focused on planning ahead and being fiscally responsible despite challenges with unprecedented inflation.

Key investment priorities

  • 8-month co-op placement in the office of the CAO
  • Fergus Business Park Servicing
  • New Water Supply – Initial Studies
  • Replacement of Structure 24WG and 16WG, Former Township of West Garafraxa
  • Beatty Line North Reconstruction
  • East Mill Street Reconstruction
  • McNab Street Watermain Replacement
  • Elora Community Centre Renovation
  • Victoria Park (Elora) Stairs Replacement
  • Fire Pumper Replacement

    With OLG funding in 2023 anticipated to be $2,700,000, Council approved distribution as follows:
  • $2,430,000 to Township Capital (90%)
  • $108,000 Community Impact Grants (4%)
  • $81,000 to Economic Development (3%)
  • $81,000 to Heritage (3%).


A consultation and engagement approach will begin in advance of the 2024 Budget process.


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