Find the District of Muskoka's current and previous budgets and annual audited financial statements. Learn how your tax dollars are used and what the financial statements mean.
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2026 budget
The 2026 budget funds District services and infrastructure. Key investments include affordable housing, long-term care, paramedic services, climate action and infrastructure.
The District uses a multi-year budget. As part of this process, Council reviews each year of a multi-year budget before that year's budget takes effect. Council reviewed and confirmed the updated 2026 budget on December 15, 2025. This process is called budget reaffirmation. The District Chair’s budget will be made available to the public in January for the 2027 fiscal year.
Where your tax dollars go
The 2026 budget includes:
- a 3.85% tax rate increase
- $251.3 million in total service delivery costs
- $112.8 million for capital projects
View the 2026 budget infographic (PDF)
2026 budget updates
The updated budget includes investments in:
- affordable and attainable housing, including $1 million for the Affordable and Attainable Housing Investment Framework
- start-up staffing and permanent positions for the new Fairvern long-term care home
- expanded paramedic services in East Muskoka
- climate action, including $250,000 to start a Climate Change Reserve
- roads, water and wastewater, waste management and other infrastructure
View the 2026 strategic updates infographic (PDF)
2026 budget documents
- 2026 Updated Tax and Rate Supported Operating and Capital Budget and Forecast (PDF)
- 2025-2026 As Amended Tax Supported Operating Budget and Capital Budget and Forecast (PDF)
- 2025-2026 As Amended Rate Supported Operating Budget and Capital Budget and Forecast (PDF)
- Notice of Intention to Reaffirm 2026 Tax and Rate Supported Budgets
Learn about the budget process and how to participate.
Previous budgets
Watch the video below for an overview of the 2025-2026 budget.
2025-2026 budget documents |
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These are the original 2025–2026 multi-year budget documents. See the 2026 budget above for the updated 2026 documents. Tax-supported budget
Rate-supported budget
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Audited financial statements
The District publishes audited financial statements each year. The statements follow Canadian public sector accounting standards. They show the District's financial position, including its assets, liabilities, revenue and expenses.
An independent auditor reviews the statements and provides an opinion on whether the financial information is presented fairly.
Current and recent financial statements
- 2025 Annual Audited Financial Statements (PDF)
- 2024 Annual Audited Financial Statements (PDF)
- 2023 Annual Audited Financial Statements (PDF)
- 2022 Annual Audited Financial Statements (PDF)
- 2021 Annual Audited Financial Statements (PDF)
- 2020 Annual Audited Financial Statements (PDF)
Looking for an earlier year? Find older audited financial statements in the District's document centre.
Understanding the financial statements
Financial statements use accounting terms that may not be familiar. These explanations can help you understand some of the terms used in the District's statements.
Learn more about the cost to operate, maintain and replace District infrastructure in the District's Asset Management Plan.