Understanding Niagara Region's Budget

 
  • Capital vs. Operating
    Outlines the money the Region will raise and spend within a year
  • Gross vs. Net Budget
    Comparing the cost to deliver services before and after revenues and subsidies
  • Reassessment
    How MPAC evaluates the value of properties
  • Rate Budget
    Includes water, wastewater and waste management services
  • Assessment Growth
    The year-over-year changes to the Region's tax base
  • Reserves
    Funds set aside to cover additional costs to the Region

Resources

  • Glossary of Terms
  • Commonly used Acronyms
  • Property Tax Calculator
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Budget

Budget Toolkit

  • Glossary
  • Acronyms
  • Capital vs. Operating
  • Rate Budget
  • Gross vs. Net
  • Assessment Growth
  • Reassessment
  • Reserves
  • Property Tax Calculator
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