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Strong financial position supports long-term planning as residents are asked to share input on the 2027 budget
Muskoka, ON – The District of Muskoka’s Aa1 long-term credit rating has been re-affirmed by Moody’s Investors Service with a stable outlook. The rating reflects Muskoka’s strong financial position, careful fiscal management and long-term planning.
A credit rating is similar to a personal credit score. It shows how well an organization manages its money and pays its debts. A strong rating can help lower borrowing costs and save money over time.
Moody’s noted that the District continues to have a strong and stable financial position, achieved by:
- Steady and predictable income
- Moderate debt levels
- Low interest costs
- Strong reserves and investments
Moody’s also recognized Muskoka’s strong governance practices, including long-term planning, transparent budgeting and careful management of debt and reserves. The agency said Muskoka continues to benefit from strong financial planning, stable revenues, responsible debt management, and healthy reserves.
“Keeping our Aa1 credit rating is an indicator that council is making smart financial decisions for Muskoka’s future,” said Jeff Lehman, Chair of the District Municipality of Muskoka. “It allows the District to invest in programs and services that are important to the community, while managing taxpayer dollars responsibly.”
The rating comes as Muskoka continues work on major projects across the District, including housing, long-term care and wastewater infrastructure. Moody’s noted that Muskoka is well-positioned to manage rising costs through careful budgeting and long-term planning.
“This rating reflects our commitment to using taxpayer dollars responsibly,” said Suzanne Olimer, Commissioner of Finance and Corporate Services. “Strong financial planning helps ensure we can continue providing the services residents rely on today while preparing for the future.”
As the District continues planning for future investments and services, resident feedback will play an important role in shaping priorities for the 2027 Budget.
Have your say on the 2027 Budget
As the District plans for the future, residents are invited to help shape priorities for the 2027 Budget. The 2027 Budget Survey is now open and gives residents an opportunity to share what services, programs and investments matter most to them. Feedback from the survey will help inform budget discussions and future planning. The survey is available at: www.engagemuskoka.ca/2027-budget-survey/surveys/2027-budget
“Good financial planning starts with listening to the community,” added Lehman. “We encourage residents to take a few minutes to complete the survey and tell us what is most important to them.”
For more information about the District’s financial management, annual reporting and credit rating, visit: www.muskoka.on.ca/en/finance-and-administration/financial-management-and-reporting.aspx
Your Muskoka. Your Voice. Help Shape The 2027 Budget: take the survey.
Survey is open from June 1 to June 22, 2026.
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The District of Muskoka is made up of six area municipalities and is responsible for delivering critical public services and programs to residents in our community. Visit our website at www.muskoka.on.ca. For updates by email, subscribe to News Updates on our website.
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