Council BooksKingOntarioSign inSubscribe
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by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date.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 King'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.

The money · 2025

How King's money works

A town is a bit like a household. Money comes in (mostly taxes and grants), and money goes out to pay for services like roads, fire trucks and the arena. Here is what that looked like in 2025, the latest year the town has reported to the Province.

Why 2025 and not this year? A budget is a plan. These figures are what actually happened, checked by an auditor and reported to Ontario.

Money in: $91.5M

Where the town's money came from in 2025.

King revenue by source, 2025
  • Property taxes$40.9M45%
  • Grants for specific projects$5.1M6%
  • Fees people pay$22.6M25%
  • Other$17.8M19%
  • Everything else$5.1M6%
Show as a table
CategoryAmountShare
Property taxes$40,912,05744.7%
Grants for specific projects$5,068,1405.5%
Fees people pay$22,634,54824.7%
Other$17,760,19219.4%
Everything else$5,122,2755.6%
Total$91,497,212100%

What each source means

Property taxes
What home and business owners pay each year, based on what their property is worth.
Grants for specific projects
Money from Ontario or Canada that must be spent on a certain thing, often a road or building.
Fees people pay
Water and sewer bills, dump fees, arena rentals, permits and similar charges.
Other
Interest earned, donations, sales of land and equipment.

Money out: $61.5M on services

Day-to-day spending in 2025, by service. On top of this, the town recorded $11.4M of "wear and tear" on things it owns. That is an accounting cost, not cash out the door, so it is left out here.

King spending by service, 2025
  • Running the town office$11.5M19%
  • Police, fire and safety$7.7M13%
  • Roads and snow$8.7M14%
  • Water, sewers and garbage$12.4M20%
  • Health$73,7000%
  • Social services$285K0%
  • Parks, arena and library$14.8M24%
  • Planning and business$6.0M10%
Show as a table
CategoryAmountShare
Running the town office$11,453,01118.6%
Police, fire and safety$7,726,11312.6%
Roads and snow$8,728,38814.2%
Water, sewers and garbage$12,389,61420.2%
Health$73,7000.1%
Social services$284,9780.5%
Parks, arena and library$14,808,42724.1%
Planning and business$6,008,0919.8%
Total$61,472,322100%

Parks, arena and library

$14.8M

Parks, the arena, the pool, sports fields, programs and the library.

+58% since 2019 (prices rose 21%)

Parks, arena and library broken down
  1. Arena and buildings$6.5M+92%

    The arena, pool, community centre and halls.

  2. Programs$3.1M+48%

    Classes, camps and activities.

  3. Library$2.5M+56%

    The public library.

  4. Parks$2.2M+16%

    Parks, beaches, trails and green spaces.

  5. Museums$446K+30%

    Local museums.

Show as a table
ItemAmountChange
Arena and buildings$6,524,278+92.1%
Programs$3,090,492+48.1%
Library$2,549,188+56.3%
Parks$2,198,230+16.3%
Museums$446,239+30.0%

Water, sewers and garbage

$12.4M

Clean tap water, the sewer system, garbage pickup, the dump and recycling.

+51% since 2019 (prices rose 21%)

Water, sewers and garbage broken down
  1. Sewage treatment$3.4M+21%

    Cleaning sewage before it goes back into nature (Tweed uses lagoons).

  2. Water treatment$3.2M+27%

    Making lake or well water safe to drink.

  3. Water pipes$2.2M+63%

    The pipes that bring water to homes.

  4. Sewer pipes$2.1M+2%

    The pipes that carry sewage away from homes.

  5. Recycling$890K+18%

    Recycling and composting.

  6. Storm drains$653K

    Drains that carry away rain water.

  7. Garbage pickup$276K−7%

    Trucks that collect garbage.

Show as a table
ItemAmountChange
Sewage treatment$3,381,060+20.8%
Water treatment$3,205,088+26.7%
Water pipes$2,152,437+62.8%
Sewer pipes$2,085,729+2.2%
Recycling$889,690+18.0%
Storm drains$653,120–
Garbage pickup$276,017−7.5%

Running the town office

$11.5M

Council, managers, the clerk, accounting, computers, insurance and the town hall itself. Every town needs some of this, but it does not fix a road or put out a fire.

+72% since 2019 (prices rose 21%)

Running the town office broken down
  1. Senior management$7.8M+57%

    The top managers who run the town day to day.

  2. Office and administration$3.2M+143%

    Office staff, finance, IT, insurance, legal and the town hall. Towns share this cost out across other services.

  3. Council$541K+36%

    Pay and expenses for the mayor and councillors, and council meetings.

Show as a table
ItemAmountChange
Senior management$7,753,828+56.7%
Office and administration$3,158,135+143.1%
Council$541,048+36.3%

Roads and snow

$8.7M

Fixing and paving roads, bridges and culverts, ploughing snow, and street lights.

+20% since 2019 (prices rose 21%)

Roads and snow broken down
  1. Paved roads$6.2M−4%

    Fixing and repaving paved roads.

  2. Snow ploughing$1.8M+1,315%

    Ploughing, salting and sanding roads in winter.

  3. Other transportation$731K

    Other transportation costs.

Show as a table
ItemAmountChange
Paved roads$6,161,341−4.4%
Snow ploughing$1,835,660+1,315.4%
Other transportation$731,387–

Police, fire and safety

$7.7M

Paying for police, the fire department, building inspectors and by-law officers.

+41% since 2019 (prices rose 21%)

Police, fire and safety broken down
  1. Fire department$4.4M+45%

    Firefighters, trucks and fire halls.

  2. Building permits$2.2M+26%

    Checking that new buildings are safe.

  3. By-law and animal control$1.1M+61%

    Enforcing town rules, like noise, parking and dogs.

  4. Emergency planning$43,636

    Getting ready for floods, storms and other emergencies.

Show as a table
ItemAmountChange
Fire department$4,373,110+44.8%
Building permits$2,237,888+26.2%
By-law and animal control$1,071,479+60.8%
Emergency planning$43,636–

Planning and business

$6.0M

Deciding what can be built where, and trying to bring businesses and visitors to town.

+171% since 2019 (prices rose 21%)

Planning and business broken down
  1. Planning and zoning$2.8M+87%

    Deciding what can be built where.

  2. New housing$1.9M

    Helping new homes get built.

  3. Farms and forests$968K

    Programs for farms and forests.

  4. Business and tourism$315K

    Attracting businesses and visitors, and helping local shops.

Show as a table
ItemAmountChange
Planning and zoning$2,794,175+87.2%
New housing$1,930,775–
Farms and forests$968,435–
Business and tourism$314,706–

Social services

$285K

Help for people and families who need it, and child care.

Social services broken down
  1. Seniors$212K

    Long-term care and seniors programs.

  2. Income support$73,394

    Help for people with very low income.

Show as a table
ItemAmountChange
Seniors$211,584–
Income support$73,394–

Health

$73,700

Public health, ambulances and cemeteries.

+346% since 2019 (prices rose 21%)

Health broken down
  1. Cemeteries$73,700

    Looking after town cemeteries.

Show as a table
ItemAmountChange
Cemeteries$73,700–

What the money bought

The same 2025 spending, sorted by what it paid for rather than which service.

Spending by type
  1. Staff pay and benefits$29.7M

    Wages, benefits and pensions for town workers.

  2. Outside companies$16.3M

    Work the town pays other companies to do, like policing, paving or consultants.

  3. Supplies and utilities$15M

    Gravel, salt, fuel, electricity, heating, office supplies and repairs.

  4. Interest on loans$759K

    The extra money paid to lenders for money the town borrowed.

Show as a table
ItemAmount
Staff pay and benefits$29,713,661
Outside companies$16,337,647
Supplies and utilities$15,002,506
Interest on loans$759,097

Staff

People on the town's payroll at the end of each year, as reported to the Province.

YearFull-timePart-timeSeasonal
201914824132
20201532690
202116811125
202218011179
202319113190
202420013236
202520210316

How things have changed since 2019

Money in compared with day-to-day spending, each year. When the orange line is above the blue one, the town spent more than it took in and made up the difference from savings or loans. Grants for big projects arrive in some years and not others, which makes "money in" jump around.

Money in and day-to-day spending by year
$91.5M
Show as a table
YearMoney inDay-to-day spending
2019$77.9M$39.2M
2020$67.7M$40.6M
2021$122M$42M
2022$96.4M$48.3M
2023$106M$52.6M
2024$104M$54.7M
2025$91.5M$61.5M

Town property tax

Up 25% since 2019. Prices rose 21%.

Town property tax by year
$40.9M
Show as a table
YearTown property tax
2019$32.9M
2020$34.2M
2021$33.9M
2022$34.5M
2023$36.2M
2024$39M
2025$40.9M

Savings (reserves)

Money set aside for repairs, equipment and emergencies.

Reserves by year
$51.2M
Show as a table
YearSavings
2019$34.7M
2020$40.4M
2021$41.3M
2022$50.4M
2023$49.5M
2024$51.5M
2025$51.2M

What the town owes

Long-term loans plus short-term (temporary) loans at year end.

Debt by year
$9.9M
Show as a table
YearLong-term loansTemporary loans
2019$22.6M$0
2020$20M$0
2021$17.4M$0
2022$19.3M$0
2023$16.2M$0
2024$13.1M$0
2025$9.9M$0

Building new things

Spending on new or rebuilt roads, pipes, buildings and equipment, compared with how fast existing ones wear out.

Capital spending and wear by year
$16.7M
Show as a table
YearBuilt or boughtWore out (amortization)
2019$30.8M$7.4M
2020$29.9M$7.6M
2021$62.2M$8.5M
2022$25.9M$9.9M
2023$28.5M$10.9M
2024$9.9M$12.1M
2025$16.7M$11.4M

Source: Ontario Financial Information Return (FIR), Schedules 10, 40, 51, 60, 70, 74 and 80 (archived copy). Ontario Ministry of Municipal Affairs and Housing. Retrieved 2026-10-01. Figures are what the municipality reported to the Province for each year, prepared on the same basis as its audited financial statements.