Budget

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

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.

2019 Capital Budget and Forecast

Council will discuss the 2019 Draft Capital Budget and Forecast at the following Budget Committee of the Whole meeting: 

• January 22, 2019 at 1 p.m. - 2019 Draft Capital Budget and Forecast

 If you require a budget document in an alternate format, please call Financial Services at 905-747-6454.

Operating Budget

Richmond Hill is committed to an open and transparent budget process and is currently seeking input on the 2019 Operating Budget, expected to be approved by Council in late February. You can share your thoughts and suggestions about the Operating Budget at budget@richmondhill.ca or 905-771-8800, ext. 3656.

Upcoming Budget Meetings

The Budget Committee of the Whole meetings for the Operating Budget will be held on the following dates. You are welcome to attend the meetings and you can register to speak as a delegate with the Office of the Clerk. 

• Tuesday, February 12 at 1 p.m.

• Tuesday, February 19 at 1 p.m. 

• Tuesday, February 26  at 1 p.m. 

Draft 2019 Operating Budget

The Budget Committee of the Whole, made up of all the Members of Council, will discuss the following 2019 Draft Operating Budgets. 

2019 Corporate Overview - Final Draft Budget 
2019 Office of the CAO Draft Operating Budget
2019 Corporate and Financial Services Draft Operating Budget
2019 Environment and Infrastructure Services Draft Operating Budget
2019 Planning and Regulatory Services Draft Operating Budget
2019 Community Services Draft Operating Budget 
2019 Richmond Hill Public Library Draft Operating Budget
2019 Corporate Accounts Draft Operating Budget
2019 Water, Waste Water and Stormwater Draft Operating Budget

If you require a budget document in an alternate format, please call Financial Services at 905-747-6454.

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.

For information on past budget processes, please visit the Past Budgets page. 

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.