The City of Dryden is taking a close look at property taxes and water rates in the region. While the property tax levy and water rates are set to increase in Dryden this year, the city says that rates are average or below average when compared to similar-sized municipalities.
City Treasurer Steven Lansdell-Roll recently compared both rates to a variety of communities in our region, in an effort to ensure that Dryden is falling-in-line with the rest of northwestern Ontario and to make sure that residents are receiving value for their money.
The average home pays $2,490 in property taxes each year in the region. Dryden lists their average home as paying $2,303 in taxes per year, Kenora homeowners pay $2,285, and Sioux Lookout residents pay the highest amount of the listed municipalities - at $3,386 per year.
“There’s always going to be differences between municipalities,” said Lansdell-Roll. “When you look at the assessed value of a typical home, if the value is low, the municipal tax rate is usually high. Conversely, if the assessed values are high, municipal tax rates are typically low.”
For water and sewer rates, the City of Kenora takes the top spot as residents pay an average of $1,526 per year. Dryden residents sit just a few dollars above the average of $1,429, as the city lists the costs at $1,434. Sioux Lookout residents pay nearly the same at $1,432 per year.
“There’s not a consistent method for charging for water and sewer in our region. There’s a lot of municipalities that will have higher fixed costs and a lower variable, or lower fixed costs and a higher variable.”
Thunder Bay is listed as having the lowest water rates in the area, as residents pay an average of $1,088 per year. However, their property tax bills are higher than average, sitting at $2,782 per year.
For more information:
Council passes interim budget
Water rate increase approved, detailed