Questions · 10 so far
We read Mulmur's financial reports and meeting minutes, and compared its numbers with 30 similar Ontario towns. These are the things that stood out.
These are unusual enough that residents deserve a clear answer from council.
+12%town property tax, 2024 to 2025
In 2025, Mulmur collected $585K more in its own property tax than in 2024. That is a 12% jump, while prices went up about 2.1%. Only 1 of 30 similar towns raised theirs by more.
Found automatically from the town's financial reports · 3 sources
+136%parks, arena and library, 2019 to 2025
Mulmur spent $167K on parks, arena and library in 2019 and $396K in 2025. Prices only went up about 21% in that time. Only 3 of 30 similar towns had faster growth here.
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.
$1,423,715annual surplus in 2025, against a budgeted $201,958
A surplus is what is left when a year's revenue is more than its spending. The 2025 statements show an annual surplus of $1,423,715 against a budgeted $201,958, about seven times the budget (worked out by us). In 2024 the budget planned $479,158 and the result was $1,348,592. Most of the 2025 gap came from two revenue lines. "Grants" came in at $742,164 against a budget of $293,155, and "Other income" at $693,289 against $195,563. Together those two lines are $946,735 above budget (worked out by us), about three-quarters of the $1,221,757 gap (worked out by us). The Township has explained part of this. Its own January to March 2026 update says that donations and fundraising revenues are not budgeted for, and the statements add a reconciliation (note 11) because the budget Council approves is set up differently from the statements.
Found by reading the town's own documents · 4 sources
$2,391,809transportation services in 2025, against a budget of $2,279,289 (before amortization)
Transportation services (roads, bridges, winter control and public works) is the Township's largest service. The statements show it cost $2,391,809 in 2025 against a budget of $2,279,289, which is $112,520 over (worked out by us), and $1,974,347 in 2024. This is not amortization: the statements show amortization (the yearly wearing-out of roads, bridges and equipment) on its own line, and the segment schedule shows it as $710,336 on top of the $2,391,809 for transportation. Within the 2025 segment schedule, transportation materials were $989,778 (2024 $803,726), contracted services were $396,779 (2024 $263,710) and salaries and benefits were $992,500 (2024 $892,811). Over the same year, Ontario grants counted under transportation went from $1,241 to $338,534. The Township has not published a reason for the 2025 overage in the documents we read.
Found by reading the town's own documents · 6 sources
May 29, 2026date of the only auditor's report in the 2025 file, which names the Trust Funds
An auditor's report is the outside accountant's statement of whether the accounts can be relied on. In the 2025 file posted on the Township's website, the index lists "Independent Auditor's Report" before the consolidated statements. The report printed there, dated May 29, 2026, says "We have audited the financial statements of Trust Funds" and lists only the trust funds' statement of financial position and statement of continuity. The same wording is printed again at the back, with the trust funds. We did not find a report in the file that names the consolidated statements of the Township. The 2024 file has one: "We have audited the consolidated financial statements", dated June 6, 2025.
Found by reading the town's own documents · 2 sources
$1,751,587planned to be taken from reserves for 2026 capital spending
Reserves are money set aside by Council for a named purpose. At the end of 2025 the "Capital purposes" reserve held $2,874,092, up from $2,597,001. The 2026 capital budget plans to take $1,751,587 from reserves: $615,000 from bridge reserves, $510,587 from road reserves, $476,000 from public works equipment reserves and $150,000 from arena recreation reserves. The 2026 budget puts $1,285,359 into reserves, against $1,195,738 in 2025. Meanwhile amortization, the yearly wearing out of the Township's assets, was $1,077,687 in 2025. Roads, bridges and other assets cost $37,149,988 and are $15,139,225 worn out. The budget names reserves (bridges, roads, equipment, arena) that do not match the statements' single "Capital purposes" line, so we cannot tell how much is in each.
Found by reading the town's own documents · 6 sources
3 monthslength of the trial, with recordings removed once minutes are approved
A staff report for the August 5, 2026 meeting says council meetings are recorded and posted online, with about three months of recordings kept at any time. It recommended moving to a webinar format in which the public can only watch (questions are sent in advance and read out by the Clerk), and removing recordings once the minutes are approved. The minutes say Council directed staff to move to a webinar-based platform for a trial of 3 months and to remove recordings once the minutes are approved. The staff report's comparison table lists Amaranth as removing recordings when minutes are adopted, and Dufferin County as keeping them for 1 year.
Found by reading the town's own documents · 2 sources
Background that helps make sense of the rest.
$452,686donations and community centre fundraising in 2025 (worked out by us: $250,000 plus $202,686)
The statements' list of other income shows "Donations - other" of $250,000 in 2025, up from $50,043, and "NDCC fundraising revenue" of $202,686, up from $50,287. NDCC is the North Dufferin Community Centre, which the Township took over fully on January 1, 2024. The segment schedule puts donations of $346,659 under recreation, which finished 2025 with an excess of revenue over expenses of $612,607, the largest of any service. The 2026 budget has $500 for fundraising and donations at the community centre. In January to March 2026 the Township recorded $116,306 against a budget of $250 and says these are not budgeted for.
Found by reading the town's own documents · 5 sources
$60,000difference between 2026 budgeted expenditures and revenues (worked out by us)
The 2026 budget's first page shows expenditures of $6,743,771 and revenues of $6,683,771 for everything except water, a difference of $60,000 (worked out by us). The 2025 budget's totals matched exactly at $6,425,558. The budget book does not say how the $60,000 is covered. The January to March 2026 update in a council package shows a budgeted "Transfer from Tax Rate Stabilization" of $60,000, which matches. The tax rate stabilization reserve is money set aside to smooth tax increases. It held $1,208,394 at the end of 2025, up from $782,036.
Found by reading the town's own documents · 4 sources
$2,010difference between two printed 2025 amortization figures (worked out by us)
Within the same audited file, amortization (the yearly wearing out of assets) is $1,077,687 on the statement of operations and in the segment schedule, but $1,075,677 on the statement of changes in net financial assets, the cash flow statement and the capital assets note, a difference of $2,010 (worked out by us). For 2024 the figures are $976,961 and $983,219. Separately, the loss on selling assets is $37,662 on the statement of changes in net financial assets, but "Gain (loss) on disposal of assets" in the other-income note is (49,094) for 2025 and a gain of 46,769 for 2024, where the statement of changes in net financial assets shows a loss of 9,760.
Found by reading the town's own documents · 6 sources
+12%town property tax, 2024 to 2025
In 2025, Mulmur collected $585K more in its own property tax than in 2024. That is a 12% jump, while prices went up about 2.1%. Only 1 of 30 similar towns raised theirs by more.
| Year | Town property tax |
|---|---|
| 2019 | $4.1M |
| 2020 | $4.1M |
| 2021 | $4.2M |
| 2022 | $4.4M |
| 2023 | $4.6M |
| 2024 | $4.9M |
| 2025 | $5.5M |
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 $327 more each year.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Town property tax: $4,866,746 in 2024, $5,452,048 in 2025.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 10, line 9940 · archived copy
Typical increase among 30 similar Ontario towns: 6.2%. Mulmur ranks 2nd highest.
Ontario Financial Information Return (FIR), 2025, 30 similar municipalities · Schedule 10, line 9940 · archived copy
Prices (inflation) rose 2.1% over the same year.
+136%parks, arena and library, 2019 to 2025
Mulmur spent $167K on parks, arena and library in 2019 and $396K in 2025. Prices only went up about 21% in that time. Only 3 of 30 similar towns had faster growth here.
| Year | Parks, arena and library | Prices (inflation) |
|---|---|---|
| 2019 | +0% | +0% |
| 2020 | −10% | +1% |
| 2021 | +6% | +4% |
| 2022 | +15% | +11% |
| 2023 | +56% | +16% |
| 2024 | +86% | +18% |
| 2025 | +136% | +21% |
Change since the first year shown. The grey line is how much prices rose overall, for comparison.
When one area grows much faster than prices, it is either doing more (which may be great) or paying more for the same thing. Residents deserve to know which.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Parks, arena and library: 2019 $167K, 2020 $151K, 2021 $177K, 2022 $193K, 2023 $262K, 2024 $311K, 2025 $396K.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 40 · archived copy
Biggest driver: Arena and buildings, from $107K to $262K.
Ontario Financial Information Return (FIR), 2019 to 2025 · Schedule 40 · archived copy
Typical growth among similar towns: 71%. Mulmur ranks 4th of 31.
Ontario Financial Information Return (FIR), 2025, 30 similar municipalities · Schedule 40 · archived copy
$1,423,715annual surplus in 2025, against a budgeted $201,958
A surplus is what is left when a year's revenue is more than its spending. The 2025 statements show an annual surplus of $1,423,715 against a budgeted $201,958, about seven times the budget (worked out by us). In 2024 the budget planned $479,158 and the result was $1,348,592. Most of the 2025 gap came from two revenue lines. "Grants" came in at $742,164 against a budget of $293,155, and "Other income" at $693,289 against $195,563. Together those two lines are $946,735 above budget (worked out by us), about three-quarters of the $1,221,757 gap (worked out by us). The Township has explained part of this. Its own January to March 2026 update says that donations and fundraising revenues are not budgeted for, and the statements add a reconciliation (note 11) because the budget Council approves is set up differently from the statements.
A budget is the promise made to taxpayers about what a year will cost. When the result is far better than the promise two years in a row, residents may reasonably ask whether tax was set higher than needed, or whether the budget leaves out money that is expected. Part of the answer is one-time grants and donations, which would not repeat.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Statement of operations, 2025: "Annual surplus" budget 201,958, actual 1,423,715 (2024 actual 1,348,592). "Grants (note 4)" budget 293,155, actual 742,164. "Other income (note 5)" budget 195,563, actual 693,289. "Taxation" budget $ 5,401,114, actual $ 5,452,048. "Amortization" budget 851,330, actual 1,077,687.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7 (printed page 2)
Note 11, Budget: "The budget data presented in these consolidated financial statements is based upon the 2025 operating and capital budgets approved by Council." Approved surplus per approved budget $ -; Amortization (851,330); Net reserve transfers and other items (139,604); Capital acquisitions 1,153,500; Principal payments on long-term debt 39,392; "Budgeted surplus per financial statements" $ 201,958.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 11, Budget, PDF page 22 (printed page 17)
Statement of operations, 2024: "Annual surplus" budget 479,158, actual 1,348,592 (2023 actual 886,412).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2024 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7
Operating financial update, January to March 2026, Recreation and Cultural Services, note 4: "Donations and fundraising revenues are not budgeted for."
Council Agenda, August 5, 2026 (agenda package) · 2026 (JAN - MAR) Operating Financial Update, notes, PDF page 164
$2,391,809transportation services in 2025, against a budget of $2,279,289 (before amortization)
Transportation services (roads, bridges, winter control and public works) is the Township's largest service. The statements show it cost $2,391,809 in 2025 against a budget of $2,279,289, which is $112,520 over (worked out by us), and $1,974,347 in 2024. This is not amortization: the statements show amortization (the yearly wearing-out of roads, bridges and equipment) on its own line, and the segment schedule shows it as $710,336 on top of the $2,391,809 for transportation. Within the 2025 segment schedule, transportation materials were $989,778 (2024 $803,726), contracted services were $396,779 (2024 $263,710) and salaries and benefits were $992,500 (2024 $892,811). Over the same year, Ontario grants counted under transportation went from $1,241 to $338,534. The Township has not published a reason for the 2025 overage in the documents we read.
Roads are the biggest cost residents pay for. A line that runs over budget one year and under the next may be ordinary weather and price changes, but residents can ask what drove it and whether the 2026 budget of $2,370,253 allows for it.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Statement of operations: "Transportation services" budget 2,279,289, actual 2,391,809 (2024 actual 1,974,347). "Amortization" is shown as a separate line: budget 851,330, actual 1,077,687.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7 (printed page 2)
Schedule to Note 14, Transportation Services column, 2025: salaries, wages and benefits 992,500; materials 989,778; contracted services 396,779; amortization 710,336; total expenses 3,102,145; Province of Ontario grants 338,534.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Schedule to Note 14, Segmented Information, 2025, PDF page 26 (printed page 21)
Schedule to Note 14, Transportation Services column, 2024: salaries, wages and benefits 892,811; materials 803,726; contracted services 263,710; amortization 646,524; Province of Ontario grants 1,241.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Schedule to Note 14, Segmented Information, 2024, PDF page 27 (printed page 22)
Statement of operations, 2024: "Transportation services" budget 2,028,097, actual 1,974,347 (2023 actual 2,067,782).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2024 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7
2025 operating budget, General Levy Operations, expenditures: "Transportation Services" 2,305,929.
2025 Municipal Budget, Township of Mulmur · 2025 Municipal Budget, Operating Expenditures, PDF page 3 (printed page 2)
2026 operating budget, General Levy Operations, expenditures: "Transportation Services" 2,370,253.
2026 Municipal Budget, Township of Mulmur · 2026 Municipal Budget, Operating Expenditures, PDF page 3 (printed page 2)
May 29, 2026date of the only auditor's report in the 2025 file, which names the Trust Funds
An auditor's report is the outside accountant's statement of whether the accounts can be relied on. In the 2025 file posted on the Township's website, the index lists "Independent Auditor's Report" before the consolidated statements. The report printed there, dated May 29, 2026, says "We have audited the financial statements of Trust Funds" and lists only the trust funds' statement of financial position and statement of continuity. The same wording is printed again at the back, with the trust funds. We did not find a report in the file that names the consolidated statements of the Township. The 2024 file has one: "We have audited the consolidated financial statements", dated June 6, 2025.
The Township's yearly accounts are only as trustworthy as the auditor's opinion on them. If the opinion exists, residents should be able to find it on the same page as the numbers. If the wrong page was posted, that is easy to fix.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Auditor's report, dated "May 29, 2026": "We have audited the financial statements of Trust Funds of The Corporation of the Township of Mulmur (the Municipality), which comprise:" the "statement of financial position as at December 31, 2025" and "the statement of continuity for the year then ended". The opinion says the statements "present fairly" the financial position "as at December 31, 2025".
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Independent Auditor's Report, PDF page 3 (before the consolidated statements); repeated at PDF page 28 (Trust Funds)
Auditor's report, dated "June 6, 2025": "We have audited the consolidated financial statements of The Corporation of the Township of Mulmur (the Township), which comprise" the consolidated statements of financial position, operations, changes in net financial assets and cash flows.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2024 · Independent Auditor's Report, PDF page 3
$1,751,587planned to be taken from reserves for 2026 capital spending
Reserves are money set aside by Council for a named purpose. At the end of 2025 the "Capital purposes" reserve held $2,874,092, up from $2,597,001. The 2026 capital budget plans to take $1,751,587 from reserves: $615,000 from bridge reserves, $510,587 from road reserves, $476,000 from public works equipment reserves and $150,000 from arena recreation reserves. The 2026 budget puts $1,285,359 into reserves, against $1,195,738 in 2025. Meanwhile amortization, the yearly wearing out of the Township's assets, was $1,077,687 in 2025. Roads, bridges and other assets cost $37,149,988 and are $15,139,225 worn out. The budget names reserves (bridges, roads, equipment, arena) that do not match the statements' single "Capital purposes" line, so we cannot tell how much is in each.
A reserve only helps if it is there when a bridge or plow needs replacing. If the Township draws more out than it puts in for several years, the choice later is a large tax increase or a loan. Residents can ask whether the pace is planned.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Note 10, Accumulated surplus, "Reserves set aside for specific purpose by Council": "Capital purposes" 2,874,092 (2024 2,597,001); "Tax rate stabilization" 1,208,394 (2024 782,036); "Total reserve" 4,155,301 (2024 3,508,536).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 10, Accumulated surplus, PDF page 21 (printed page 16)
Note 9, Tangible capital assets, 2025: total cost, balance at end of year 37,149,988; accumulated amortization total 15,139,225; "Amortization for the year" 1,075,677; net book value 22,010,763.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 9, Tangible capital assets, 2025, PDF page 19 (printed page 14)
2026 capital budget, Capital Funding, Capital Transfers: "Bridge Reserves" 615,000; "Road Reserves" 510,587; "Public Works Equipment Reserves" 476,000; "Arena Recreation Reserves" 150,000; total 1,751,587. "TOTAL CAPITAL FUNDING" 1,776,175.
2026 Municipal Budget, Township of Mulmur · 2026 Capital Budget, Capital Funding, PDF page 8 (printed page 7)
2026 budget summary: "Transfer to Reserves" 1,285,359.
2026 Municipal Budget, Township of Mulmur · 2026 Municipal Budget summary, PDF page 2 (printed page 1)
2025 budget summary: "Transfer to Reserves" 1,195,738.
2025 Municipal Budget, Township of Mulmur · 2025 Municipal Budget summary, PDF page 2 (printed page 1)
Consolidated Statement of Operations: "Amortization" 2025 actual 1,077,687 (2024 actual 976,961).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7 (printed page 2)
3 monthslength of the trial, with recordings removed once minutes are approved
A staff report for the August 5, 2026 meeting says council meetings are recorded and posted online, with about three months of recordings kept at any time. It recommended moving to a webinar format in which the public can only watch (questions are sent in advance and read out by the Clerk), and removing recordings once the minutes are approved. The minutes say Council directed staff to move to a webinar-based platform for a trial of 3 months and to remove recordings once the minutes are approved. The staff report's comparison table lists Amaranth as removing recordings when minutes are adopted, and Dufferin County as keeping them for 1 year.
A recording is the plainest record of what was said and decided. Minutes are shorter and are written by staff, so removing the recording once they are approved leaves residents with the staff version only.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Staff report, Council Meeting Recordings, August 5, 2026: "Meetings are recorded and posted online, with approximately three (3) months of recordings retained at any given time." Recommendation: "continue to maintain limited recording retention, removing recordings once the minutes are approved." Estimated cost of the Zoom upgrade: "approximately $1,250.00 per year".
Council Agenda, August 5, 2026 (agenda package) · Staff Report, Council Meeting Recordings, PDF pages 12 and 13
Minutes, 9.1 Council Meeting Recordings: "That Council direct staff to move Council Meetings to a webinar-based platform for a trial period of 3 months; And that staff continue to maintain a limited recording retention, removing the recordings once the minutes are approved." Carried.
Council Minutes, August 5, 2026 · Item 9.1, Reports for Decision, PDF page 2
$452,686donations and community centre fundraising in 2025 (worked out by us: $250,000 plus $202,686)
The statements' list of other income shows "Donations - other" of $250,000 in 2025, up from $50,043, and "NDCC fundraising revenue" of $202,686, up from $50,287. NDCC is the North Dufferin Community Centre, which the Township took over fully on January 1, 2024. The segment schedule puts donations of $346,659 under recreation, which finished 2025 with an excess of revenue over expenses of $612,607, the largest of any service. The 2026 budget has $500 for fundraising and donations at the community centre. In January to March 2026 the Township recorded $116,306 against a budget of $250 and says these are not budgeted for.
Gifts for a community building are welcome, but the Township holds this money for residents. People can reasonably ask what each gift was given for, whether it is set aside for that purpose, and how much of the 2025 surplus it explains.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Note 5, Other income: "Donations - other" $ 250,000 (2024 50,043); "NDCC fundraising revenue" 202,686 (2024 50,287).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 5, Other income, PDF page 16 (printed page 11)
Schedule to Note 14, Segmented Information, 2025: "Donations" 346,659, all under Recreation Services. "Excess of revenues over expenses" Recreation Services 612,607.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Schedule to Note 14, Segmented Information, 2025, PDF page 26 (printed page 21)
Note 10, Accumulated surplus, reserve funds set aside by Council: "NDCC" 242,044 (2024 52,315).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 10, Accumulated surplus, PDF page 21 (printed page 16)
2026 budget, Recreation and Cultural Services revenue: "NDCC Fundraising & Donation Revenue" (500).
2026 Municipal Budget, Township of Mulmur · 2026 Operating Budget, Recreation and Cultural Services, PDF page 5 (printed page 4)
January to March 2026: "NDCC Fundraising & Donation Revenue" (116,306) against budget (250), variance (116,056). "NDCC Fundraising Expenses" 9,987. Note: "Donations and fundraising revenues are not budgeted for."
Council Agenda, August 5, 2026 (agenda package) · 2026 (JAN - MAR) Operating Financial Update, Recreation and Cultural Services, PDF page 164
$60,000difference between 2026 budgeted expenditures and revenues (worked out by us)
The 2026 budget's first page shows expenditures of $6,743,771 and revenues of $6,683,771 for everything except water, a difference of $60,000 (worked out by us). The 2025 budget's totals matched exactly at $6,425,558. The budget book does not say how the $60,000 is covered. The January to March 2026 update in a council package shows a budgeted "Transfer from Tax Rate Stabilization" of $60,000, which matches. The tax rate stabilization reserve is money set aside to smooth tax increases. It held $1,208,394 at the end of 2025, up from $782,036.
Using a reserve to hold taxes down is a choice residents should be able to see in the budget. A budget that does not balance on its face, and a reserve used for the gap, are things to ask about, especially if it repeats.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
2026 budget summary: "Total Expenditures" $ 6,743,771; "Total Revenues" $ 6,683,771, made up of "Total Taxation" 5,671,731, "Operating Revenues" 594,920, "Grants" 303,924 and "Transfers from Reserves" 113,196.
2026 Municipal Budget, Township of Mulmur · 2026 Municipal Budget summary, PDF page 2 (printed page 1)
2025 budget summary: "Total Expenditures" $ 6,425,558; "Total Revenues" $ 6,425,558.
2025 Municipal Budget, Township of Mulmur · 2025 Municipal Budget summary, PDF page 2 (printed page 1)
2026 (JAN - MAR) general levy revenues: "TRANSFER FROM TAX RATE STABILIZATION" 60,000, year-to-date budget 60,000, variance "-". "TRANSFER FROM RESERVES" 157,423 actual, 80,783 budget.
Council Agenda, August 5, 2026 (agenda package) · 2026 (JAN - MAR) Operating Financial Update, general levy summary, PDF page 162
Note 10, reserves set aside for specific purpose by Council: "Tax rate stabilization" 1,208,394 (2024 782,036).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 10, Accumulated surplus, PDF page 21 (printed page 16)
$2,010difference between two printed 2025 amortization figures (worked out by us)
Within the same audited file, amortization (the yearly wearing out of assets) is $1,077,687 on the statement of operations and in the segment schedule, but $1,075,677 on the statement of changes in net financial assets, the cash flow statement and the capital assets note, a difference of $2,010 (worked out by us). For 2024 the figures are $976,961 and $983,219. Separately, the loss on selling assets is $37,662 on the statement of changes in net financial assets, but "Gain (loss) on disposal of assets" in the other-income note is (49,094) for 2025 and a gain of 46,769 for 2024, where the statement of changes in net financial assets shows a loss of 9,760.
The differences are small against $6.4 million of expenses, but a set of accounts that disagrees with itself leaves residents unsure which figure to rely on. The Township or its auditor can probably explain it in a sentence.
You can ask during the public part of a council meeting, by writing to the clerk, or by contacting your councillors. How to reach council.
Speak for Mulmur? Send us your answer and we will publish it with this question.
Statement of operations: "Amortization" 2025 actual 1,077,687; 2024 actual 976,961.
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7 (printed page 2)
Statement of change in net financial assets: "Amortization of tangible capital assets" 1,075,677 (2024 983,219); "Loss on disposal of tangible capital assets" 37,662 (2024 9,760).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Change in Net Financial Assets, PDF page 8 (printed page 3)
Note 5, Other income: "Gain (loss) on disposal of assets" (49,094) (2024 46,769).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 5, Other income, PDF page 16 (printed page 11)
Note 9, Tangible capital assets: "Amortization for the year" total 1,075,677 (2025 table) and 983,219 (2024 table).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Note 9, Tangible capital assets, PDF pages 19 and 20 (printed pages 14 and 15)
Schedule to Note 14, "Amortization" total 1,077,687 (2025) and 976,961 (2024).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Schedule to Note 14, Segmented Information, PDF pages 26 and 27 (printed pages 21 and 22)
Consolidated Statement of Operations: "Total expenses" 2025 actual 6,419,209 (2025 budget 6,296,550; 2024 actual 6,015,429).
The Corporation of the Township of Mulmur, Consolidated Financial Statements, December 31, 2025 · Consolidated Statement of Operations and Accumulated Surplus, PDF page 7 (printed page 2)