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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by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date.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 Latchford'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 · 2024

How Latchford'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 2024, the latest year the town has reported to the Province.

Why 2024 and not this year? A budget is a plan. These figures are what actually happened, checked by an auditor and reported to Ontario. The 2025 report is not out yet.

Money in: $1.8M

Where the town's money came from in 2024.

Latchford revenue by source, 2024
  • Property taxes$980K55%
  • Money from Ontario (no strings)$129K7%
  • Grants for specific projects$176K10%
  • Fees people pay$414K23%
  • Everything else$69,9254%
Show as a table
CategoryAmountShare
Property taxes$979,85655.4%
Money from Ontario (no strings)$129,4007.3%
Grants for specific projects$175,6489.9%
Fees people pay$414,25623.4%
Everything else$69,9254.0%
Total$1,769,085100%

What each source means

Property taxes
What home and business owners pay each year, based on what their property is worth.
Money from Ontario (no strings)
A yearly grant from the Province that the town can spend on anything. Small rural towns get more.
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.

Money out: $1.6M on services

Day-to-day spending in 2024, by service. On top of this, the town recorded $277K of "wear and tear" on things it owns. That is an accounting cost, not cash out the door, so it is left out here.

Latchford spending by service, 2024
  • Running the town office$469K30%
  • Police, fire and safety$136K9%
  • Roads and snow$282K18%
  • Water, sewers and garbage$465K30%
  • Health$113K7%
  • Social services$18,5691%
  • Housing$34,4402%
  • Parks, arena and library$50,4213%
  • Planning and business$5,6360%
Show as a table
CategoryAmountShare
Running the town office$469,15129.8%
Police, fire and safety$135,7878.6%
Roads and snow$281,99517.9%
Water, sewers and garbage$465,28929.6%
Health$112,9657.2%
Social services$18,5691.2%
Housing$34,4402.2%
Parks, arena and library$50,4213.2%
Planning and business$5,6360.4%
Total$1,574,253100%

Running the town office

$469K

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.

+19% since 2019 (prices rose 18%)

Running the town office broken down
  1. Senior management$419K+20%

    The top managers who run the town day to day.

  2. Council$50,560+15%

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

Show as a table
ItemAmountChange
Senior management$418,591+19.5%
Council$50,560+15.4%

Water, sewers and garbage

$465K

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

+26% since 2019 (prices rose 18%)

Water, sewers and garbage broken down
  1. Water treatment$410K+27%

    Making lake or well water safe to drink.

  2. Recycling$35,219+23%

    Recycling and composting.

  3. The dump (landfill)$15,489

    Running the landfill, and saving up to close it safely one day.

  4. Sewer pipes$5,037

    The pipes that carry sewage away from homes.

Show as a table
ItemAmountChange
Water treatment$409,544+27.2%
Recycling$35,219+22.7%
The dump (landfill)$15,489–
Sewer pipes$5,037–

Roads and snow

$282K

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

+51% since 2019 (prices rose 18%)

Roads and snow broken down
  1. Paved roads$169K−6%

    Fixing and repaving paved roads.

  2. Roadsides and signs$97,955

    Ditches, signs, line painting and roadside brush.

  3. Snow ploughing$9,958

    Ploughing, salting and sanding roads in winter.

  4. Street lights$5,486

    Power and repairs for street lights.

Show as a table
ItemAmountChange
Paved roads$168,596−6.5%
Roadsides and signs$97,955–
Snow ploughing$9,958–
Street lights$5,486–

Police, fire and safety

$136K

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

+21% since 2019 (prices rose 18%)

Police, fire and safety broken down
  1. Police (OPP contract)$73,809−13%

    What the town pays for policing.

  2. Fire department$51,823

    Firefighters, trucks and fire halls.

  3. Building permits$6,944

    Checking that new buildings are safe.

  4. By-law and animal control$3,211

    Enforcing town rules, like noise, parking and dogs.

Show as a table
ItemAmountChange
Police (OPP contract)$73,809−12.8%
Fire department$51,823–
Building permits$6,944–
By-law and animal control$3,211–

Health

$113K

Public health, ambulances and cemeteries.

−26% since 2019 (prices rose 18%)

Health broken down
  1. Ambulance$61,631+12%

    Paramedics and ambulances.

  2. Public health$51,334−47%

    Health inspections and programs.

Show as a table
ItemAmountChange
Ambulance$61,631+11.8%
Public health$51,334−47.5%

Parks, arena and library

$50,421

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

+65% since 2019 (prices rose 18%)

Parks, arena and library broken down
  1. Arena and buildings$24,636

    The arena, pool, community centre and halls.

  2. Parks$10,998

    Parks, beaches, trails and green spaces.

  3. Museums$8,735

    Local museums.

  4. Programs$6,052

    Classes, camps and activities.

Show as a table
ItemAmountChange
Arena and buildings$24,636–
Parks$10,998–
Museums$8,735–
Programs$6,052–

Housing

$34,440

Affordable and social housing.

−20% since 2019 (prices rose 18%)

Housing broken down
  1. Public housing$34,440−20%

    Homes owned by government.

Show as a table
ItemAmountChange
Public housing$34,440−19.9%

Social services

$18,569

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

−9% since 2019 (prices rose 18%)

Social services broken down
  1. Income support$13,593

    Help for people with very low income.

  2. Child care$4,976

    Daycare and early learning.

Show as a table
ItemAmountChange
Income support$13,593–
Child care$4,976–

Planning and business

$5,636

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

+84% since 2019 (prices rose 18%)

Planning and business broken down
  1. Planning and zoning$5,536

    Deciding what can be built where.

  2. Business and tourism$100

    Attracting businesses and visitors, and helping local shops.

Show as a table
ItemAmountChange
Planning and zoning$5,536–
Business and tourism$100–

What the money bought

The same 2024 spending, sorted by what it paid for rather than which service.

Spending by type
  1. Staff pay and benefits$635K

    Wages, benefits and pensions for town workers.

  2. Supplies and utilities$510K

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

  3. Outside companies$253K

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

  4. Money given to others$135K

    Grants and payments to other groups, like the conservation authority.

  5. Interest on loans$20,957

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

  6. Rent and money costs$20,886

    Renting equipment or space, bank fees, and some accounting costs.

Show as a table
ItemAmount
Staff pay and benefits$635,080
Supplies and utilities$510,013
Outside companies$252,505
Money given to others$134,812
Interest on loans$20,957
Rent and money costs$20,886

Staff

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

YearFull-timePart-timeSeasonal
2019520
2020510
2021510
2022510
2023510
2024510

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
$1.8M
Show as a table
YearMoney inDay-to-day spending
2019$1.8M$1.3M
2020$1.7M$1.3M
2021$1.8M$1.3M
2022$1.8M$1.4M
2023$1.9M$1.5M
2024$1.8M$1.6M

Town property tax

Up 14% since 2019. Prices rose 18%.

Town property tax by year
$980K
Show as a table
YearTown property tax
2019$862K
2020$877K
2021$900K
2022$915K
2023$943K
2024$980K

Savings (reserves)

Money set aside for repairs, equipment and emergencies.

Reserves by year
$319K
Show as a table
YearSavings
2019$276K
2020$298K
2021$293K
2022$277K
2023$285K
2024$319K

What the town owes

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

Debt by year
$368K
Show as a table
YearLong-term loansTemporary loans
2019$967K$0
2020$838K$0
2021$678K$0
2022$505K$0
2023$436K$0
2024$368K$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
$438K
Show as a table
YearBuilt or boughtWore out (amortization)
2019$119K$230K
2020$158K$225K
2021$99,421$237K
2022$80,068$237K
2023$3,419$243K
2024$438K$277K

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.