Council Approves 2025 Budget

Grand Valley, ON –Grand Valley Town Council approved the 2025 Operating Budget, setting in place funding needed for the delivery of all the programs and services provided to the community, as well as the operation of town facilities. 

The approved Total Budget came in at $22,067,422, of which $5,227,812 will be levied as property taxes. This results in a residential property tax rate increase of 4.781 per cent, meaning the average home in Grand Valley (assessed value of $500,000) will see an increase of $188.46 for the Town’s portion of their property taxes and Agricultural taxes will increase by $8.29 per $100,000 in assessed value.

Though it changes from year to year, only about 24 per cent of the funding used to deliver programs and services offered by the Town comes from property taxes. The rest comes from a combination of user fees, grants, licences, permits, fines, sales of lands and other assets, and contributions from reserve funds and other levels of government.

“We know times are tough right now and a lot of people are feeling the financial strain,” said Mayor Steve Soloman. “As our town grows, balancing the need for services with the reality of rising costs isn’t easy. We’ve worked very hard to make sure we’re investing in the things that matter most to our community while also planning ahead for the big projects we’ll need in the future. It’s about finding the right balance — keeping our town strong and prepared while putting minimal burden on the taxpayers.” 

The approved budget includes funding for several initiatives, including: 

• Microsurfacing of Mount Haven Cresent, Deaken Drive and the Connecting Link
• More gravel for the township roads
• Construction of an expansion and rehabilitation of the Grand Valley and District Community Centre
• Planning for Bridge 7 replacement on Sideroad 24/25, South of Concession Road 8/9
• Construction of Hill Town Drive in Monticello
• Preparations for Luther Road Inflow and Infiltration Remediation project
• New generator for the Water Tower
• Completion of Ball Diamonds at Concession 2-3 Park and planning for new building
• Completion of updated Official Plan and Zoning By-law for the Town
• Growth related studies for water and wastewater servicing
• Repairs to the “Grand Valley” stone wall
• Updates to the hybrid meeting system and other council chamber upgrades
• New gateway signage and economic development planning

Staff presented the proposed budget and a high-level overview of the additions being requested at the January 28 Council meeting. Departmental staff then provided additional details, and Council had the opportunity to ask questions during special budget meetings held on Feb. 25 and March 11. The 2025 Capital Budget was adopted following the Dec. 10, 2024, Council meeting. 

For more budget information and background material, visit   

https://www.townofgrandvalley.ca/municipal-government/asset-management-budget-and-annual-financial-statements/#Budgets