Operating Budget Book: 2023

Page 18

Operating Budget Funding Sources

62% Property Taxes Property tax bills are divided between the City of Owen Sound, the County of Grey and the local school boards. Owen Sound uses its portion to pay for City programs and services. including fire and emergency services, parks and trails, recycle collection, snow removal, and capital repairs and investments to roads and facilities.

Grants

Total Proposed 2023 Tax Levy:

8%

The City of Owen Sound benefits from almost $3 million in grant funding for the 2023 Operating Budget. City Staff work hard to use grants from the government and other organizations to extend the investment of each tax payer’s dollar in City services.

$33,135,964 24% User Fees & Other Revenue

User fees and other revenue contribute to the operating budget to help maintain the services provided by the City that are only used by a portion of residents, visitors and developers.

18

OMPF Funding

6%

Ontario Municipal Partnership Fund (OMPF) is the Province’s main general assistance grant to municipalities. The program primarily supports northern and rural municipalities across the province with limited property assessment.


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