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Updated: April 30, 2026
Alert Level:medium
Complete the 2027 Budget Survey Now
The budget outlines how the Township will raise and spend money to deliver services and maintain infrastructure.
The Township of Russell Council approved the 2026 Budget at the November 10, 2025, Regular Council Meeting, after months of planning and collaborative work between Council, residents, and staff.
If you wish to receive a copy of the full budget binder, send us a request by email.
If you wish to receive a copy of the full budget binder, send us a request by email.
If you wish to receive a copy of the full budget binder, send us a request by email.
If you wish to receive a copy of the full budget binder, send us a request by email.
Council adopted the 2022 Budget on Monday, November 1, 2021. The budget includes a tax increase of 2.5%. The Township’s average household assessment value of $346,000 will see a $44.53 tax increase in 2022. A total of $356,997 will be generated from the taxation increase.
The annual budget decides how much money goes towards the priorities listed in our Strategic Plan, Business Plan, Asset Management Plan, and requests from the community throughout the year.
The Township’s budget is divided into two sections – operating and capital.
Operational budget: Money used for day-to-day running of the municipality—things like staff salaries, electricity, garbage collection, and office supplies.
Capital budget: Money spent on big, long-term projects—things like building roads, bridges, parks, or buying fire trucks.
See our Paving and Capital Projects page for more information on this year’s expected projects.
A municipal budget is funded by several key revenue sources that together pay for local services and infrastructure. The major funding sources are:
A municipal budget is built by reviewing service needs, forecasting revenues, and estimating the costs to operate programs and maintain infrastructure. Staff prepare draft budgets, councillors review options, and the public provides input before the final budget is approved.
Municipalities select projects based on community needs, regulatory requirements, asset management data, risk, safety, service levels, and available funding. High-priority projects—such as those addressing safety, compliance, or critical infrastructure—rise to the top, while other projects are timed based on affordability and long-term planning.
The following public documents are available by request to our Finance Department:
The Township of Russell’s most recent Financial Information Return is published on the Government of Ontario website.
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© 2026 Municipalité de Russell Township
© 2026 Municipalité de Russell Township