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by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date.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 Hanover'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 Hanover's budget, taxes and council decisions. A town in Grey County, in southwestern Ontario, with a mayor, a deputy mayor and five councillors. Every figure links back to the public record.
$10 millionto be paid to West Grey, $500,000 a year for 20 years
In December 2025 the councils of Hanover and West Grey approved moving about 1,600 acres from West Grey into Hanover. Hanover will pay West Grey $10 million, in yearly payments of $500,000 over 20 years. The Province's order made the change official on May 1, 2026. The 2025 statements list this only as a "subsequent event", meaning something that happened after the year ended. The Town says it will also be responsible for the work to bring pipes and utilities to the new land. We did not find a published estimate of what that will cost, or of the new tax money the land is expected to bring in.
Found by reading the town's own documents · 2 sources
$2,756,742the Westario Power shares as carried in the Town's books
The Town owns 1,509 common shares of Westario Power Inc., a private electricity company, carried at $2,756,742. In December 2025 the shareholders, including the Town, approved selling the company to ERTH Corporation. The statements say the total the Town will receive "cannot be reliably estimated" and that nothing has been counted yet. The Town's reserve list holds the same $2,756,742 "set aside in shares for future use". The 2025 budget counted on a Westario dividend of $120,000, double the year before. After a sale there would be no more dividend.
Found by reading the town's own documents · 3 sources
$10,608,600the Town's adopted 2026 levy, up from $9,801,000 in the approved 2025 budget
The levy is the amount the Town must raise from property taxes after grants and fees. It was $9,102,400 for 2024 and $9,801,000 in the approved 2025 budget (the budget prints the rise as 7.67%). The 2026 levy the Town adopted is $10,608,600. That is $807,600, or 8.2%, more than 2025 (worked out by us), and $1,506,200, or 16.5%, more than 2024 (worked out by us). The 2025 budget explained its rise: most of it came from outside boards and organizations such as police and the library. We did not find an adopted explanation for the 2026 rise. The 2026 budget book is marked draft and its levy differs from the adopted one, so we do not quote it.
Found by reading the town's own documents · 3 sources
$8.6 millionthe Town's estimate for a new police station
Council decided to build a new police station on the old firehall site. The Town's own release puts the estimated cost at about $8.6 million, to be paid by long-term borrowing, with the levy phased in over three years starting in 2025. Design was to be done in 2025, with construction starting in 2026 and finishing in 2027. The 2025 budget has a new "Police Building" line of $125,600 for the first phase. We did not find a current cost estimate or a borrowing plan.
Found by reading the town's own documents · 3 sources
$10,987,241capital assets still under construction or removed from service, end of 2025
Capital assets are things the Town builds or buys to last, such as roads, buildings and water systems. At the end of 2025 the Town had $10,987,241 in assets that were still being built, in development or removed from service, up from $1,561,570 a year earlier. It also had signed commitments of $4,161,000 on capital projects, up from $1,771,000. It spent $17,649,687 on capital in 2025, against a budget of $17,337,000, and its cash fell from $15,849,132 to $12,214,680. The statements do not list the projects.
Found by reading the town's own documents · 4 sources
At the end of 2024, Hanover owed $5.8M on temporary loans. That is like putting 22% of a year's income on a line of credit. This is short-term borrowing for building projects, which is normal while waiting for a grant or a long-term loan. Only 4 of 88 similar towns had any temporary loans at the end of 2024.
Found automatically from the town's financial reports · 1 source
$4,026,424donations and contributed assets in 2025, against a budget of $376,000
The Town's statements show an annual surplus of $12,837,100 for 2025, against a budgeted $10,538,993. A surplus here is an accounting result, not cash in the bank: cash fell during the year. One line stands out. "Donations and contributed assets" was budgeted at $376,000 and came in at $4,026,424. The segment table shows most of it under transportation and water and wastewater. The statements' accounting policy says contributed assets, such as pipes or roads handed over to the Town, are recorded at fair value when received. The statements do not break down what was contributed in 2025.
Found by reading the town's own documents · 4 sources
$6,832,417long-term debt at the end of 2025, up from $112,326
At the end of 2024 the Town owed $5,800,000 on a short-term loan and $112,326 in long-term debt. At the end of 2025 the short-term loan was gone and long-term debt was $6,832,417. The 2025 budget explained the first part: a temporary Infrastructure Ontario loan was to be held "until FCM loan/grant received" for the firehall, and the 2025 statements list a Federation of Canadian Municipalities loan to 2045. The statements also list a TD Bank loan for the trail bridges. The 2025 budget showed the trail bridges as borrowing from the Town's own reserves, not from a bank. We did not find a report saying why that changed. The Town also says it had $500,000 of unused room on its line of credit.
Found by reading the town's own documents · 3 sources
2024 tax year · Hanover, Ontario
Your tax bill, worked out.
Enter your home's assessed value to see roughly what you pay in property tax each year, who gets it, and what Hanover's share pays for.
Ontario still uses property values from January 1, 2016 for tax, so your assessed value is probably well below what your home would sell for today.
$
It is on your property assessment notice from MPAC, and on your tax bill. We filled in the typical value in Hanover.
An estimate. It uses the residential tax rate, and splits Hanover's share by what each service cost in 2024 after its own fees and grants (for example, water bills pay for much of a water system). Real bills also depend on your property class, local charges and any rebates.
How Hanover's share of the bill compares with similar towns
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