Serving Dorchester, Belmont, Thorndale, Thamesford, Putnam, Crampton, Avon, Harrietsville, Mossley and surrounding area
Signpost photo by Wendy Spence
CAUSE FOR CELEBRATION: From right, Frazer Andrews, his son Brandon Andrews and daughter-in-law Stephanie Andrews and Frazer's wife Mary Andrews enjoy dining on the patio at Pine Knot Golf and Country Club on Friday, the first day that area restaurants and bars were able to reopen under Step 1 of the province's Roadmap to Reopen. A bit of rain dampened plans for some patio festivities, but the weekend provided plenty of opportunities for residents to relax and reconnect.


Thames Centre's tax rate

lowest in Middlesex County

by Wendy Spence
THE SIGNPOST

        Residents have something to crow about when talking to their friends in neighbouring communities. Director of financial services-treasurer Kim Grogan presented a report comparing tax rates in Middlesex County, as well as other locations in the community, and Thames Centre came out on top. Residents in the municipality have the lowest property tax bill of all of Middlesex County residents, which, when compared with other lower tier communities, results in savings of $541 per year up to $1,449 annually, based on the 2021 rates and based on the average residential single detached property assessment value, which is just over $350,000. During Monday's meeting, council passed a bylaw for the total 2021 tax rate of 1.012214 per cent.

        Mayor Alison Warwick joked about a list for people to sign up to live in the community when they see the comparisons. "That is commendable and it's always nice to be able to be that person that has those low taxes. It's a comment I get quite often so it's a good report to read."

        Ward 1 Councillor Tom Heeman added, "I think it's good coming off the backs of the asset management presentation that these are very competitive tax rates, but we're not sacrificing in terms of service levels or investment in infrastructure to accomplish that. I think they call that a win-win."

        The savings are even more pronounced when compared to those paid by residents in Elgin County and London neighbours, who pay between $1,340 and $2,094 more than those who live in Thames Centre.

        According to the report presented at council, local tax rates are set by local lower-tier municipalities based on the amount required to provide services based on annual budget requirements as well as assessments as calculated by MPAC (the Municipal Property Assessment Corporation) on an annual basis. Policing and conservation authority services are factored in, as are county and school board tax rates.

        The table with details on the tax rate comparisons can be viewed within the agenda for the June 14 meeting, accessible at thamescentre.on.ca.

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