Town of Lincoln 2024 Budget
Consultation has concluded. Please visit the 2025 Budget page to participate in the current survey.
Help Shape the 2024 Budget!
Thank you to everyone who took the 2024 Budget Survey. The 2024 Budget Book is available on the right-hand side of this page.
How your Town Budget Works
Meeting Council Priorities Through an Open and Transparent Budget Process
Each year, the Town of Lincoln creates an operating budget, a capital budget, and a 10-year capital forecast.
The Town of Lincoln values the input of all residents, business owners and stakeholders towards the critical decisions made on our annual budget. Many factors affect the Town’s budget, and Town staff continually balance necessary costs and priorities while maintaining the service levels that our community expects.
Stay tuned for public engagement opportunities through our 2024 Budget Survey!
Background: 2023 Budget
Capital Budget Spending
Below are some highlights on 2023 Capital Budget infrastructure spending according to Ward. (Long-term borrowing reflects annual principal and interest payments to repay long-term borrowing taken out for completed capital projects.).
Key Capital Investments by Ward
Operating Budget
Below are the highlights of the Town's 2023 Operating Budget Expenditure ($M) by department. The operating budget is composed of day-to-day operating of providing services, repairs and maintenance of assets, low-value capital renewal programs, and daily activities of the organization, including salaries and wages, programs and services, and utilities.
Operating Budget
Below are the highlights of the Town's 2023 Operating Budget Expenditure ($M) by department. The operating budget is composed of day-to-day operating of providing services, repairs and maintenance of assets, low-value capital renewal programs, and daily activities of the organization, including salaries and wages, programs and services, and utilities.
Where do my taxes go?
Tax Distribution & Value for Tax Dollar
Services funded by your Property Tax Bill Lincoln’s tax bill accounts for three agencies. The Town collects the property taxes for all three and then pays the Region and the School Board portions to them, which they use to deliver their services. The Town of Lincoln’s portion of the tax bill is used to deliver a number of services that make Lincoln a place to grow, prosper and belong. Each dollar of the Town of Lincoln property tax portion of your bill goes towards:
Service Area | Share of the Tax Bill |
---|---|
Parks, Facilities, Recreation and Culture | 22 cents |
Public Works, Roads and Infrastructure | 22 cents |
Capital Levy and Special Infrastructure Levy | 15 cents |
Legislative, Administrative and General Government | 15 cents |
Fire Rescue Service | 11 cents |
Planning and Municipal Law Enforcement | 5 cents |
Agencies, Boards and Committees | 5 cents |
Economic Development and Communications | 5 cents |
In 2023, this means for the average residential home with an assessed value of $381,000, property taxes paid would be approximately $5,168;
- $2,683 collected on behalf of Niagara Region and paid to the Region,
- $583 collected on behalf of the School Boards and paid to the School Boards, and
- $1,902 retained by the Town to pay for its programs and services as follows: