Leamington Finalizes Property Tax Decrease
Leamington Council has officially adopted a budget that will save ratepayers on their property tax bill in 2014.
The combined rate for rural taxpayers declined 0.34%, or $8 on a home valued at $150,000. The rate for urban residents decreased slightly by 0.04%, or $1.
Mayor John Paterson says the budget cuts one job in the finance department so it will take a little longer for reports to come to council. “You’ll just have to change your expectation level, I guess,” says Paterson. “When you request information that will have to go through the finance department, we’re just going to have to be a little bit more patient.”
A proposed skateboard park in the town will have to wait, and there’s no spending to pave gravel roads; it was eliminated from this year’s budget. The budget maintains spending on sewers, waterlines, sidewalks and roads.