Finance and Budget


The Financial Services Department is responsible for the financial and accounting matters of the Municipality. Services include taxation, water and wastewater billing, garbage and recycling billing, annual budgeting, asset management, procurement, and collections and investing.

All of the below reports are available in alternative formats - please contact us and we would be happy to assist you.

Asset management
 The Municipality of South Huron's infrastructure assets are key resources used to provide services to the public. All of these resources contribute to the local economy and improve the quality of life for residents. These assets include:
  • The delivery of a safe and efficient road network, that includes bridges, culverts, sidewalks and street lighting
  • Safe drinking water
  • Environmentally sound wastewater treatment
  • Efficient storm water management
  • Safe recreational facilities

An Asset Management Plan helps the Municipality make the best possible decisions regarding the construction, operation, maintenance, renewal, replacement, expansion and disposal of infrastructure assets while minimizing risk and cost to taxpayers and maximizing service delivery. 


The 2019 Budget Schedule was adopted by Council at the December 17th, 2018 meeting. See below for the set meeting dates:

Action/Event Date Time Location

Budget Process Overview and Direction Meeting (Includes AMP program overview)

2019 Budget Process

2019 Asset Management Presentation 

January 14, 2019 4:00-7:00 pm Carling Room
Budget Committee Meeting #1 - Preliminary Overview of proposed 2019 budget January 23, 2019 5:00-8:00 pm Carling Room
Budget Committee Meeting #2 - Budget Deliberations February 6, 2019  5:00-8:00 pm Carling Room
Budget Committee Meeting #3 - Budget Deliberations February 20, 2019 5:00-8:00 pm Carling Room
Approval and Adoption of 2019 Bugdet at Council Meeting March 4, 2019   Council Chambers

The Municipality of South Huron prepares an annual budget that is approved by Council. The annual budget allocates resources to public services and projects and balances the resources drawn from the community against the demands for services and projects, while keeping municipal taxes and user fees within acceptable limits and ensuring that services are sufficient. The budget covers the entire municipality's operational areas, including building and development services, cemeteries, emergency services, recreation services, transportation, water, wastewater, storm sewer and solid waste.

Each year the South Huron council approves a budget that is made up of the following:

Financial reports

The Municipality's financial statements include all assets, liabilities, equity, revenues and expenditures that are under its care and control. Financial statements are audited yearly by a professional accounting firm to ensure that they provide an accurate presentation of the Municipality's financial position.

Financial reporting is completed to help with decision making and increase public accountability and transparency. Financial Statements are an important tool for Council and administration to use to report to the taxpayers on the municipal services provided with the resources at their disposal.

Annual Audited Financial Statements

2017 Financial Statements

2016 Financial Statements

2015 Financial Statements

2014 Financial Statements

Financial Information Return (FIR)

2017 Financial Information Return

2016 Financial Information Return

2015 Financial Information Return

2014 Financial Information Return


Each year, the Municipality of South Huron adopts the annual budget to levy and collect taxes for various purposes. The Municipality establishes tax rates for local municipal services, and also collects taxes for the upper tier County of Huron and the four local school boards. The authority governing the municipal tax process is the Municipal Act, S.O. 2001.


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© 2018 The Municipality of South Huron, 322 Main Street South P.O. Box 759 Exeter, ON N0M 1S6