Wilmot Township Tables 2026 Budget With 9.7% Tax Increase and Financial Leadership Changes

Wilmot Township has formally tabled its proposed 2026 budget while introducing major changes to its financial leadership, following recent fiscal challenges. The draft budget includes a proposed 9.7 per cent property tax increase, which would add roughly $24 per month or $288 annually to the average homeowner’s tax bill.

Township officials say the budget is focused on maintaining essential services while strengthening long-term financial stability. Key capital projects outlined in the proposal include construction of a new fire station in New Hamburg, upgrades to the Wilmot Recreation Centre, and continued road and infrastructure improvements.

Mayor Natasha Salonen said the budget reflects a more disciplined approach to governance, balancing immediate service delivery with long-term planning. The proposed increase aligns with council’s previously stated goal of annual tax increases of around nine per cent through 2028.

The 2026 budget follows a turbulent 2025 budget cycle, during which Wilmot initially proposed a nearly 50 per cent tax increase before settling on an 18.2 per cent rise. Subsequent reviews revealed issues including missed financial reporting deadlines, delayed bill payments, and the temporary loss of approximately $1 million in provincial infrastructure funding.

To address these concerns, the township engaged consulting firms KPMG and StrategyCorps to review budgeting practices and internal financial management. As part of those recommendations, Wilmot has created a Deputy CAO position and hired a new Director of Financial Services and Treasurer, aiming to provide more focused financial oversight.

Public consultation on the proposed 2026 budget is still ongoing, with a public input session scheduled for January 29 before final approval.

Source: CityNews Kitchener