More

The Town of Huntsville sets an annual budget to determine what funds need to be raised for expenses.

The Budget & Financial Controls Policy provides guidance on this process.  

2025 and 2026 Operating and Capital Budgets
The 2025/2026 budget was passed November 25, 2024. 

As part of the annual budget process, community members and user groups were able to submit capital and/or operating budget requests for consideration. Please visit the Community and User Group Budget Requests page for more details.
Current Budget

2024 Operating and Capital Budget

 Highlights
  • Tax rate increase - 10.68%
  • Estimated net overall tax rate increase - 6.64% (including District and Education)
  • Overall impact - additional $137 per $300,000 of property value per household per year

Impacts on the 2024 Budget

  • Inflation - 4.75% (annually from 2021-2023)
  • Growth - 11% population growth (from 2014-2021)
  • Decrease in COVID relief funding
  • Cost of Goods & Services - risen 44-65% from 2021-2023
  • Growth in Usership - 11-100% growth in number of users (Community Services)

Priorities of the 2024 Budget

    1. Maintaining Quality Services
    2. Supporting Town and Community Infrastructure
    3. Serving the Growing Population
    4. Investing in Human Capital
Previous Annual Operating and Capital Budget
2023

Prior Years

If you require an alternate version of these documents, please contact us.

Previous Yearly Budgets
Financial Information Return (FIR)
Learn more about the FIR through the Ministry of Municipal Affairs and Housing.
Financial Statements
2023

Financial statements for the year ended December 31, 2023:

If you require an alternate version of these documents, please contact us.
2022

Financial statements for the year ended December 31, 2022:

If you require an alternate version of these documents please contact us.
2021

If you require an alternate version of these documents please contact us.
2020

If you require an alternate version of these documents please contact us.

Note: The tax levy and the Town's assessment, set the annual property tax rates.

The Town of Huntsville's Annual Budget