Not the full picture. Built from public records, which leave things out.Older reportDetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date.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 An older report. We have no 2024 report for Wilmot in the Province's latest release, so these pages use its 2023 report. It may simply be filed late. Read by hand. We read Wilmot'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 Wilmot's budget, taxes and council decisions. A township in the Region of Waterloo, west of Kitchener, with a mayor and five councillors. Its 2026 budget book gives a population of 22,500. Every figure links back to the public record.
April 29, 2025date of the auditor's report on the 2023 statements, 16 months after year end (worked out by us)
Audited financial statements are the yearly report card on a town's money. The newest ones the Township posts are for the year ended December 31, 2023. The auditor's report on them is dated April 29, 2025, about 16 months after the year ended (worked out by us). The auditor gave a "qualified" opinion, which means the statements are fair except for one problem. The problem: the Township had not worked out what it may owe to clean up asbestos in its buildings and to close its gravel pit when it is done, which a new accounting rule asked towns to do starting in 2023. We did not find statements for 2024 or 2025. The Province's open data also has no 2024 or 2025 return from Wilmot, while 236 municipalities have filed one for 2025. The Township's 2026 budget book says it is working to restore regular financial reporting and to finish "outstanding provincial reporting requirements", and it says it had no in-house accounting capacity.
Found by reading the town's own documents · 6 sources
$15,743,168Township tax levy in the 2026 budget; the levy rose 18.22% in 2025 and 9.1% in 2026
The levy is the part of the tax bill that pays for the Township's own services (not the Region or the schools). For 2025 the Township says it approved a levy increase of 18.22%, or $208 for the average property, down from a first proposal of $580. For 2026 the budget page shows 9.1%, about $217 for the average home. Together that is about 29% in two years (worked out by us). The Township gives its reasons: years of low reserves, costs that were left out of past budgets, and a rule from Council to raise the capital levy 9% a year for three years. It also says growth in new homes helped keep rates down in earlier years and that this "relied on future growth and reliance on drawing from reserves".
Found by reading the town's own documents · 7 sources
($5,914,272)development charges and subdivider contributions fund at the end of 2023, printed as a negative
Development charges are fees collected on new homes and buildings to pay for the roads, sewers and parks growth needs. The Township keeps this money in an "obligatory reserve fund" that the law says can only be used for those purposes. At the end of 2023 the statements print that fund as negative $5,914,272, up from negative $44,527 a year earlier. A second fund, for the Building Department, is also negative at $2,012,626. All the obligatory funds together are negative $4,459,610. A negative fund means more was spent on growth projects than has been collected so far, so other money is covering the gap. In 2023 the Township also issued $5,806,000 of new debentures (long-term loans). Its schedule shows $2,030,624 of the next five years of loan payments are planned to come from development charges. The 2026 budget says the Township will borrow $4.8M more.
Found by reading the town's own documents · 4 sources
$916,1852026 operating expenses in Corporate and Financial Services, up from $433,350, which includes budget and audit help
In October 2025 the Mayor, using strong mayor powers, engaged the accounting firm KPMG to lead the 2026 budget and a long-term financial plan. The Township's release says this "will not create any new cost to taxpayers" because it is "fully funded through organizational savings" from staff vacancies. The 2026 budget book says the Township had no in-house accounting capacity and that KPMG did the line-by-line review. The Corporate and Financial Services budget for operating expenses rises from $433,350 to $916,185 (111%), and its notes list help with the 2026 budget, the long-term plan and audit services, among other things. We did not find the KPMG fee in any document we read.
Found by reading the town's own documents · 3 sources
Towns keep savings (called reserves) to pay for new trucks, roof repairs and surprises. Wilmot had $8.1M saved at the end of 2023, down from $8.3M in 2019. That is 48% of one year's spending. Only 6 of 53 similar towns had less, compared with what they spend.
Found automatically from the town's financial reports · 2 sources
$540,000difference between two printed amounts for the same hydro merger gain (worked out by us)
In the 2023 audited statements, the Statement of Operations lists expenses by service area and totals $24,647,751. A note near the back (Note 16, segmented information) lists the same total by service area, but most of the service totals do not match. For example, protection services is $3,228,843 in the statement and $2,176,429 in the note. Several of the note's service totals equal the budget column of the statement. Separately, Note 6 says the Township recorded a gain on a 2022 hydro merger of $1,711,533, while the statements and the table in that same note print $1,171,533. The difference is $540,000 (worked out by us), which looks like swapped digits.
Found by reading the town's own documents · 3 sources
$21,273,881the Township's investment in Enova Energy Corporation at the end of 2023
Wilmot owns 4.49% of Enova Energy Corporation, the local electricity company formed in a 2022 merger. The statements carry the investment at $21,273,881, made up of shares at $14,648,535, long-term notes of $5,964,566 and $660,780 of accumulated earnings. In 2023 the Township's share of the company's income was $579,255 and it received $302,325 in dividends. This is not a problem on its face. The stake is larger than the Township's cash of $17,858,505, and it is not cash that can be spent.
Found by reading the town's own documents · 2 sources
2023 tax year · Wilmot, 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 Wilmot'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 Wilmot.
An estimate. It uses the residential tax rate, and splits Wilmot's share by what each service cost in 2023 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 Wilmot's share of the bill compares with similar towns
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