Not the full picture. Built from public records, which leave things out.Read by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date. Check the sources, and tell us if you spot a mistake. What this site can't tell you Read by hand. We read Georgina's own documents for this site in October 2026; the Sources page lists which ones. The comparisons with other places still come from the Province's yearly reports.
A clear, checkable guide to Georgina's budget, taxes and council decisions. A town on the south shore of Lake Simcoe in York Region, with a mayor, a regional councillor and five ward councillors. Every figure links back to the public record.
-$13,590,678balance of the Civic Centre reserve at December 31, 2025, against -$8,570,477 a year earlier
The Town is building a new Civic Centre. A reserve is a savings account a town sets aside for a purpose. The Civic Centre reserve was created for this project, but it holds a negative balance: the Town has spent more than it has saved and is covering the gap by borrowing from its other reserves. The 2025 statements show the reserve at negative $13,590,678, down from negative $8,570,477 a year earlier. The Town has published its plan: a $20,000,000 loan taken on in 2026, plus a yearly reserve payment of $3,473 thousand until the borrowing is repaid. It says the project is on budget and will not need extra tax increases.
Found by reading the town's own documents · 6 sources
$46,160,588net debt at December 31, 2025, up from $23,414,795 a year earlier
Net debt is what a town owes minus the financial assets (cash, investments and money owed to it) it holds. It grew by $22,745,793 in one year, after growing by $12,143,712 in 2024. The statements show why: the Town spent $49,253,395 on buildings, roads and pipes, far more than the $17,888,554 those assets lost in value that year, and it took on a $20,000,000 short-term loan. The Town's own discussion says a capital funding deficit of $8,099,633 includes borrowing from reserves and projects still to be paid for with long-term loans. Another line in the statements shows an "operating surplus (deficit)" of negative $27,977,864, against a positive $838,722 a year earlier.
Found by reading the town's own documents · 5 sources
$18,193,460property taxes receivable at December 31, 2025, against $12,587,065 a year earlier
Taxes receivable is the property tax that has been billed but not yet paid. At the end of 2025 it stood at $18,193,460 before an allowance for bad debts, up from $12,587,065. Taxes from earlier years that were still unpaid (arrears) rose from $4,308,619 to $6,172,107. The cash flow statement shows $5,561,786 of cash tied up in taxes receivable in 2025, against $1,849,509 in 2024. Interest and penalties on late payments also rose, from $1,868,314 to $3,571,669. The percentages are worked out by us. We did not find the Town's explanation of the rise in the documents we read.
Found by reading the town's own documents · 4 sources
$53,861,573salaries and wages in 2025, up from $48,560,511
Salaries and wages were $53,861,573 in 2025, up from $48,560,511 in 2024 (up 10.9%, worked out by us). The Town explains the $5.3 million rise: cost of living and collective agreement increases, retroactive payments through collective agreements, and growth-related staffing. The 2026 budget book counts permanent full-time Town staff at 267 in 2022 and 309 in 2026, and all permanent Town staff (full and part time) at 297 and 345. The 2026 budget adds more positions, most of them funded from assessment growth.
Found by reading the town's own documents · 3 sources
$49,832,676of long-term debt expected to be repaid from development charges at December 31, 2025
Development charges are fees a town collects from builders to help pay for the roads, pipes and buildings that new homes need. Of the Town's $65,131,094 of long-term debt, $49,832,676 is expected to be repaid from development charges, mostly the Multi-use Recreation Complex loan. In 2025 the Town collected $3,974,979 in development charges, down from $7,273,943 in 2024, and the development charge reserve fell from $24,192,914 to $22,411,196. The 2026 budget plans a further $15,300,000 loan for the South Keswick Fire Station, also to be repaid from development charges. The Town explains that developer money is counted as revenue only when the work is done.
Found by reading the town's own documents · 5 sources
In 2025, Georgina collected $5.1M more in its own property tax than in 2024. That is a 9% jump, while prices went up about 2.1%. Only 2 of 11 similar towns raised theirs by more.
Found automatically from the town's financial reports · 3 sources
Georgina spent $9.0M on running the town office in 2019 and $15.7M in 2025. Prices only went up about 21% in that time. Only 1 of 11 similar towns had faster growth here.
Found automatically from the town's financial reports · 3 sources
Georgina spent $6.7M on roads and snow in 2019 and $11.8M in 2025. Prices only went up about 21% in that time. Only 0 of 11 similar towns had faster growth here.
Found automatically from the town's financial reports · 3 sources
Towns keep savings (called reserves) to pay for new trucks, roof repairs and surprises. Georgina had $52.9M saved at the end of 2025, up from $46.1M in 2019. That is 62% of one year's spending. Only 1 of 11 similar towns had less, compared with what they spend.
Found automatically from the town's financial reports · 2 sources
At the end of 2025, $17.9M of property tax had been billed but not paid. That is 15% of everything billed. None of the 11 similar towns had a higher share. A year earlier it was $12.3M.
Found automatically from the town's financial reports · 2 sources
$7,277,203annual surplus in 2025, against $15,070,111 budgeted in the statements
A surplus is what is left when a year's revenue is more than its spending. Budgets and audited statements are built on different bases, so the numbers do not line up neatly; the Town's note 3 reconciles the $212,141,511 Council approved to the figures in the statements. For 2025 the statements budgeted a surplus of $15,070,111 and report $7,277,203. For 2024 they budgeted $5,188,482 and report $2,150,377. The Town explains the main gaps line by line. It also reports an operating budget surplus of $405,048, which it says is 0.50 per cent of the gross operating tax levy budget.
Found by reading the town's own documents · 5 sources
$29,645,271trade payables and accruals at December 31, 2025, against $19,942,928 a year earlier
Accounts payable are bills the Town has received or knows about and has not yet paid. At the end of 2025 the total was $36,574,444, up from $23,679,724. Trade payables and accruals, the largest piece, rose from $19,942,928 to $29,645,271. The cash flow statement shows that this rise, $12,894,720, was a large source of cash from operations in 2025. We did not find an explanation in the statements.
Found by reading the town's own documents · 2 sources
In 2019, Georgina had $19.8M more in cash and money owed to it than it owed to others. By 2025 it was −$46.2M. About 1% of that change ($428K) is a new accounting rule from 2023: towns must now record the future cost of closing things like a landfill. That is not new spending or borrowing. Even leaving that out, only 2 of 11 similar towns are in a weaker position.
Found automatically from the town's financial reports · 2 sources
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