Budget

Richmond Hill's annual budget is made up of the following: Operating Budget, Capital Budget and Water, Wastewater and Stormwater Budget. 

Operating Budget

Richmond Hill Council approved the 2018 Operating Budget of $174.82 million on February 6, 2018. The budget news release, Richmond Hill Council Approves 2018 Operating and Water Budgets, provides details. 

Richmond Hill's budget increase is equal to a $49.77 increase on the annual tax bill of an average Richmond Hill home valued at $1.1 million.

Richmond Hill is also responsible for collecting taxes on behalf of York Region and the school boards. York Region's budget increase is equal to an $86.73 increase on an average Richmond Hill home valued at $1.1 million. 

Richmond Hill is committed to an open and transparent budget process. You can share your thoughts and suggestions about the Operating Budget via email at budget@richmondhill.ca or by calling 905-771-8800, extension 3656.

Senior Tax Assistance Grant

The 2018 Operating Budget includes the Seniors' Tax Assistance Grant, which is $387 per eligible applicant in 2018. To qualify for the Senior Tax Assistance Grant, seniors must be 65 years of age or older and apply each year, occupy their residential property in Richmond Hill, be the assessed owner (or spouse of the owner) of the property for at least one year immediately preceding the date of the application and receive the Guaranteed Income Supplement as provided under the Old Age Security Program. Learn more and apply for the Senior Tax Assistance Grant. 

Budget Meetings

Council and staff met with residents at the Central Library (1 Atkinson Street) on January 20, between 10 a.m. and 2 p.m. to discuss the Operating Budget.

The Budget Committee of the Whole discussed the draft 2018 Operating Budget  on Tuesday, January 23 at 1 p.m. 

Council reviewed and approved the budget at a Special Council Meeting on Tuesday, February 6 at a 1 p.m. meeting. This Special Council Meeting 2018 Operating Budget Summary was presented. 

Draft 2018 Operating Budget

2018 Operating Budget Overview and Overview Presentation Slides

2018 CAO's Office Operating Budget

2018 Corporate and Financial Services Department Operating Budget

2018 Environment and Infrastructure Services Department Operating Budget

2018 Planning and Regulatory Services Department Operating Budget

2018 Community Services Department Operating Budget

2018 Richmond Hill Public Library Operating Budget

2018 Corporate Accounts Operating Budget 

2018 Water, Waste Water and Stormwater Budget and Water, Waste Water and Stormwater Presentation Slides

Learn how Richmond Hill's budget works: 

Richmond Hill's Operating Budget covers the costs of everyday operations and activities, including utilities, rent, insurance, staff wages and benefits, program supplies, transportation and repairs. 

Funds for the Operating Budget come from taxes, fees and other items, such as program registrations.

The Operating Budget also determines the annual tax rate. Council approves the tax rate.

Capital Budget

Richmond Hill's Capital Budget outlines the financial needs for growth and maintenance of existing infrastructure, such as community centres, fire stations, pools, parks, trails, arenas, roads and sidewalks. 

Our Capital Budget is funded through Richmond Hill's reserve funds, development charges and grants.

2018 Capital Budget and Ten-Year Capital Forecast

Council will discuss the 2018 Draft Capital Budget and Ten-Year Capital Forecast at the following Budget Committee of the Whole meeting: 

• November 8, 2017 at 1 p.m. - 2018 Draft Capital Budget and Ten-Year Capital Forecast

 The 2018 Capital Budget and Ten-Year Capital Forecast were approved by Council on November 27, 2017. 

News Release:  Richmond Hill Invests in the Community's Future - November 28, 2017

Taxes

Richmond Hill collects taxes on behalf of York Region and the Province of Ontario for education. Only about one quarter of your tax bill pays for Richmond Hill services. Tax amounts are approximate and updated once York Region and the Province of Ontario approve their final tax rates each year.

Richmond Hill receives about $0.27 for every dollar of municipal taxes collected from a residential homeowner. We receive about $0.13 for every dollar of commercial taxes collected.

For more information, please view our property tax page.

Property assessments

The Municipal Property Assessment Corporation (MPAC) completes property assessments in Ontario. Every municipality uses these assessments to apply local tax rates on your tax bill.

Richmond Hill's Finance department is responsible for calculating, consolidating, billing and collecting municipal taxes from property owners in Richmond Hill. This includes residential and non-residential property owners.