Oakville drops a $12-million plan to bury hydro lines on Khalsa Gate in its mid-year financial report
Oakville's mid-year books: a small projected surplus, fire overtime, and Khalsa Gate's hydro stays overhead.
Oakville Town Hall
Staff's opening forecast, what residents asked for, the mid-year books and when the new Council decides.
Coverage
Oakville's mid-year books: a small projected surplus, fire overtime, and Khalsa Gate's hydro stays overhead.
A Nanos survey puts public safety, taxes and roads atop residents' 2027 budget priorities.
Staff say 4.97 per cent. Council has asked for options closer to inflation at 2.1.
Timeline
Context
Council received staff’s forecast for the 2027 budget on 22 June 2026: a preliminary overall tax-bill increase of 4.97 per cent, against a forecast inflation rate of 2.1 per cent. Council asked staff for options to bring the increase closer to inflation. Under the Strong Mayors, Building Homes Act, 2022, the budget is the mayor’s to propose, and it will be considered in early 2027 by the Council elected on 26 October 2026.
A Nanos Research survey presented to Council on 28 September 2026 ranked public safety (88 per cent), managing taxes (84 per cent) and repairing roads and infrastructure (81 per cent) as residents’ top priorities, found broad support for core services, and showed that most residents do not follow the budget closely.
The base the 2027 budget starts from is set by this year’s books. The Town’s June 30 financial report projects a $1.56-million favourable year-end variance, about 0.5 per cent of the levy, only after reserve transfers; before them, programs are $6.75 million over budget, driven by fire overtime, extra winter control and lower planning and building revenue. Council also endorsed dropping the roughly $12-million plan to bury hydro lines on Khalsa Gate.