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by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date.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 Parry Sound'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 Parry Sound's budget, taxes and council decisions. A town on Georgian Bay in the District of Parry Sound, with a mayor and six councillors, all elected at large. Every figure links back to the public record.
March 28, 2025the date of the auditor's report on the year ended December 31, 2023
Audited financial statements are the Town's yearly books, checked by an outside accountant. The 2023 statements carry a clean opinion from BDO Canada LLP, but the auditor's report is dated March 28, 2025. That is about 15 months after the December 31, 2023 year end (worked out by us). When we read the Town's statements page on October 5, 2026, the 2023 statements were the newest posted. We did not find statements for 2024 or 2025.
Found by reading the town's own documents · 3 sources
$3,007,038spent on Planning and Development in 2023, against a budget of $1,198,506
The Town groups its spending into services. The statements show Planning and Development, which covers planning and zoning, economic development and the downtown improvement area, spending $3,007,038 in 2023. The budget for it was $1,198,506. That is about 2.5 times the budget (worked out by us). Every other service came in at or under its budget. Inside the Planning and Development column, the line for "Materials" is $1,903,104. We did not find an explanation in the statements.
Found by reading the town's own documents · 3 sources
$7,200,000of new external debt in the 2023 plan, while long-term debt fell from $18,124,514 to $17,154,034
A capital project is a big, long-lived purchase such as a road, a building or a pipe. The Town's note explaining its 2023 budget shows planned capital expenditures of $12,743,772 and "Proceeds from external debt" of $7,200,000. The statements show the Town's long-term debt falling from $18,124,514 to $17,154,034, and additions to capital assets of $4,907,350. So the borrowing in the plan does not appear to have happened in 2023, and the capital spending was well below the plan.
Found by reading the town's own documents · 3 sources
$2,300,000loaned to the airport in 2023, with 25 years to repay
In 2023 the Town passed a by-law to lend $2,300,000 to the Parry Sound Area Municipal Airport (PSAMA) to finish a runway project. The loan has a 25-year amortization with 5-year terms. The interest rate is set between the rate the Town's bank accounts earn and Scotiabank's composite prime. The Town's statements show the loan and $60,451 of interest owed as part of long-term receivables of $3,038,324. The Town's yearly contribution to the airport commission, listed in note 23, was $10,000.
Found by reading the town's own documents · 3 sources
$1,763,895contributed to the recreation centre in 2023, against $454,324 in 2022
The Town is one of six municipalities behind the West Parry Sound Recreation and Cultural Centre, a joint board planning a new pool and recreation centre. In 2023 the Town made a capital contribution of $1,763,895, up from $454,324 in 2022. After year end it also agreed to a non-interest-bearing loan to buy a property for the Centre at a purchase price of $2,000,000. One note gives the Town's ownership as 25% and another says it has committed to 26.7% of the Centre's yearly contributions. The "Parks and recreation" reserve fell from $3,683,237 to $625,320 in 2023 (a fall of $3,057,917, worked out by us), and a "Pool - Town Only" reserve grew from $153,399 to $378,519 in 2024.
Found by reading the town's own documents · 4 sources
$9,847,048paid to the West Parry Sound Health Centre in 2023 under an agreement that ended December 31, 2020
The Town runs land ambulance for the Parry Sound district and pays the West Parry Sound Health Centre to provide it. The Town's statements say the operating agreement ran from January 1, 2016 to December 31, 2020 and "remains in place until a new contract is negotiated". In 2023 the Town paid the Health Centre $9,847,048 in contract fees, against $9,128,326 in 2022, a rise of 7.9% (worked out by us). That is the largest single payment named in the commitments note.
Found by reading the town's own documents · 2 sources
Parry Sound spent $1.9M on running the town office in 2019 and $2.9M in 2024. Prices only went up about 18% in that time. Only 3 of 15 similar towns had faster growth here.
Found automatically from the town's financial reports · 3 sources
$7,120,473surplus in 2023, against a planned deficit of $716,529
A surplus is what is left when a year's revenue is more than its spending. The 2023 statements show a surplus of $7,120,473 against a planned deficit of $716,529. The Town explains part of this itself: note 26 says the budget was prepared on a different basis from the statements, for example by counting all capital spending as an expense. The gap is also helped by revenue above budget. Revenue from other municipalities was $7,562,817 against $5,306,060, and the Town's note says land ambulance contributions from municipalities were $4,840,777. Investment income was $2,535,390 against a budget of $438,125, in a year when its guaranteed investment certificates paid rates from 1.34% to 5.12%. The general funds part of the accumulated surplus rose from $270,559 to $3,677,440.
Found by reading the town's own documents · 3 sources
$162,592taken out of the Legal-Insurance Claim reserve in 2024
A reserve is money Council sets aside for a purpose. The Town's 2024 reserve report shows the "Legal-Insurance Claim" reserve falling from $213,441 to $50,849, with $162,592 taken out and nothing put in. The reserve report does not say what the money was for. The 2023 statements say that claims are covered by insurance where possible and that management believes the Town has valid defences, without describing any claim.
Found by reading the town's own documents · 2 sources
2024 tax year · Parry Sound, 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 Parry Sound'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 Parry Sound.
An estimate. It uses the residential tax rate, and splits Parry Sound'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 Parry Sound's share of the bill compares with similar towns
Can we count your visit? With your OK, we use Google Analytics to see which pages help people. It sets cookies and sends visit data to Google. Nothing loads unless you say yes. Privacy