Innisfil homeowners will see their property taxes rise by an average of $222.99 this year after town council adopted a revised 2026 budget that trims the increase homeowners were originally facing.

The budget, approved by council this week, carries a blended property tax increase of 4.2 per cent — down from the 5.5 per cent hike that was baked into the town's 2025-26 multi-year budget when it was passed in January 2025, according to a Town of Innisfil news release.

The figures are based on an average household assessed at $446,363.

Council and staff worked hard to lower the impact of the 2026 budget while continuing to deliver the services residents depend on.

Mayor Lynn Dollin said the town is grappling with pressures largely beyond its control, including higher policing costs and weaker assessment growth. When growth slows, she explained, the cost of delivering services is spread across fewer properties, pushing more of the burden onto existing taxpayers.

This budget reflects a balanced approach, protecting core services and planning for the future, while keeping affordability top of mind.

The increase is described as "blended" because it captures the combined impact of taxes collected for the town itself and for external service providers.

What the money pays for

The 2026 operating budget sets a total tax levy requirement of $57,353,510. That money funds day-to-day services including snow clearing, road improvements, parks and firefighting.

The capital budget totals $40,769,004, earmarked for major repairs to and replacement of municipal infrastructure and assets.

The blended increase also includes the town's one per cent capital levy, worth $73.78 for the average household. The release says that levy supports the ongoing repair and replacement of aging infrastructure and municipal assets over time.

Offsetting the tax burden

To soften what property owners pay, the town draws on a range of non-tax revenue sources. Those include permit and development fees, user fees, Ontario Lottery and Gaming Corporation revenues, reserves and grants.

Residents can find more details on the budget and the budget process at innisfil.ca/budget.