Water levels remain high and some roads are still under water in parts of Muskoka, but officials believe the worst seems to have passed.

A flood warning was re-issued by the Ministry of Natural Resources and Forestry on Monday for the Moon River, Bala Reach and the south branch of the Muskoka River.

The MNR says flows out of Lake Muskoka into the Bala Reach have surpassed the flood warning levels of 280 centimetres. However, Walt Schmid, director of public works for the Town of Bracebridge says flows in the Muskoka River have peaked and are beginning to fall.

Sherwood Forest Road and Crockford Road remain closed. In Ramara, the Black River is also going down, but Bluebird Road is still flooded in some parts.

A flood watch remains in effect for Muskoka, Parry Sound and Haliburton.