Questions · 3 so far
These questions come automatically from Mono's yearly financial reports to the Province, compared with 46 similar Ontario towns. Nobody has read this town's budget or minutes for this site yet, so there may be good explanations we have not seen.
These are unusual enough that residents deserve a clear answer from council.
+14%town property tax, 2024 to 2025
In 2025, Mono collected $1.4M more in its own property tax than in 2024. That is a 14% jump, while prices went up about 2.1%. Only 2 of 46 similar towns raised theirs by more.
Found automatically from the town's financial reports · 3 sources
There may well be a good reason. It is still worth asking what it is.
$7.6Min savings at the end of 2025
Towns keep savings (called reserves) to pay for new trucks, roof repairs and surprises. Mono had $7.6M saved at the end of 2025, down from $10.2M in 2019. That is 59% of one year's spending. Only 6 of 46 similar towns had less, compared with what they spend.
Found automatically from the town's financial reports · 2 sources
$3.1Mowed in unpaid property tax, end of 2025
At the end of 2025, $3.1M of property tax had been billed but not paid. That is 12% of everything billed. Only 5 of 46 similar towns had a higher share. A year earlier it was $2.9M.
Found automatically from the town's financial reports · 2 sources
+14%town property tax, 2024 to 2025
In 2025, Mono collected $1.4M more in its own property tax than in 2024. That is a 14% jump, while prices went up about 2.1%. Only 2 of 46 similar towns raised theirs by more.
| Year | Town property tax |
|---|---|
| 2019 | $7.9M |
| 2020 | $8.2M |
| 2021 | $8.3M |
| 2022 | $8.6M |
| 2023 | $9.1M |
| 2024 | $9.7M |
| 2025 | $11M |
A big one-year jump usually means something changed: a new cost, a service that grew, savings being rebuilt, or a problem from earlier years being paid for now. Residents should be able to see exactly which. Spread across every home, it is about $390 more each year.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. Your town office can tell you how to reach council.
Speak for Mono? Send us your answer and we will publish it with this question.
Town property tax: $9,668,547 in 2024, $11,045,800 in 2025.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 10, line 9940 · archived copy
Typical increase among 46 similar Ontario towns: 6.9%. Mono ranks 3rd highest.
Ontario Financial Information Return (FIR), 2025, 46 similar municipalities · Schedule 10, line 9940 · archived copy
Prices (inflation) rose 2.1% over the same year.
$7.6Min savings at the end of 2025
Towns keep savings (called reserves) to pay for new trucks, roof repairs and surprises. Mono had $7.6M saved at the end of 2025, down from $10.2M in 2019. That is 59% of one year's spending. Only 6 of 46 similar towns had less, compared with what they spend.
| Year | Savings (reserves) |
|---|---|
| 2019 | $10.2M |
| 2020 | $9.8M |
| 2021 | $8.8M |
| 2022 | $8.4M |
| 2023 | $8.4M |
| 2024 | $8.1M |
| 2025 | $7.6M |
With little saved, a broken bridge or a storm has to be paid for with a sudden tax increase or a loan. Low savings can also mean past budgets were balanced by spending savings instead of facing the real cost.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. Your town office can tell you how to reach council.
Speak for Mono? Send us your answer and we will publish it with this question.
Savings (reserves and reserve funds): 2019 $10.2M, 2020 $9.8M, 2021 $8.8M, 2022 $8.4M, 2023 $8.4M, 2024 $8.1M, 2025 $7.6M.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 70, line 6420 · archived copy
Typical among similar towns: savings equal to 100% of a year's spending. Mono: 59%.
Ontario Financial Information Return (FIR), 2025, 46 similar municipalities · Schedules 40 and 70 · archived copy
$3.1Mowed in unpaid property tax, end of 2025
At the end of 2025, $3.1M of property tax had been billed but not paid. That is 12% of everything billed. Only 5 of 46 similar towns had a higher share. A year earlier it was $2.9M.
| Year | Unpaid property tax at year end |
|---|---|
| 2019 | $1.4M |
| 2020 | $2.5M |
| 2021 | $2.0M |
| 2022 | $2.2M |
| 2023 | $2.7M |
| 2024 | $2.9M |
| 2025 | $3.1M |
When taxes go unpaid, everyone else carries the cost, and the town may borrow to cover the gap. The Province's financial indicators treat 10% to 15% as a moderate risk and more than 15% as a high risk. Collection is the town's job, so a rising number is worth asking about.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. Your town office can tell you how to reach council.
Speak for Mono? Send us your answer and we will publish it with this question.
Taxes receivable: 2019 $1.4M, 2020 $2.5M, 2021 $2.0M, 2022 $2.2M, 2023 $2.7M, 2024 $2.9M, 2025 $3.1M. Of the 2025 total, $808K was from earlier years.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 70, lines 0610 to 0699 · archived copy
Typical among similar towns: 7.3% of taxes billed.
Ontario Financial Information Return (FIR), 2025, 46 similar municipalities · Schedules 26 and 70 · archived copy