Not the full picture. Built from public records, which leave things out.Older reportDetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date. Check the sources, and tell us if you spot a mistake. What this site can't tell you An older report. We have no 2024 report for Thames Centre in the Province's latest release, so these pages use its 2023 report. It may simply be filed late. Read by hand. We read Thames Centre's own documents for this site in October 2026; the Sources page lists which ones. The comparisons with other places still come from the Province's yearly reports.
A clear, checkable guide to Thames Centre's budget, taxes and council decisions. A municipality in Middlesex County on the eastern edge of London, with a mayor, a deputy mayor and three ward councillors. Every figure links back to the public record.
September 3, 2026date of the auditor's report on the 2024 statements (the 2023 report was dated October 7, 2024)
Each year an outside firm of accountants (the auditor) checks the Municipality's yearly financial statements and signs a report saying whether they are fair. KPMG LLP signed its report on the year ended December 31, 2024 on September 3, 2026, almost twenty months after that year ended. The statements say the 2023 statements were audited by a different firm, whose report was dated October 7, 2024. The Municipality's statements page lists 2021 to 2024 and we did not find 2025 statements there. The 2024 statements carry a clean opinion, which means the auditor found them fair.
Found by reading the town's own documents · 3 sources
$2,647,500taken off the 2023 accumulated surplus when the statements were corrected
Accumulated surplus is the total of what the Municipality owns over what it owes, built up over the years. The 2024 statements say the Municipality "identified certain prior period errors" in its 2023 statements and corrected them. The 2023 accumulated surplus first reported as $155,906,000 became $153,258,500. The Municipality names three causes: debt and a receivable booked for the Seniors' Centre financing before it was issued, development charge funds shown as negative deferred revenue, and a liability and asset booked for a project not yet started. The statements explain what went wrong. They do not say how it was found or what changed so it does not repeat.
Found by reading the town's own documents · 2 sources
$240,000the 2025 Capital Infrastructure Levy (2.0% of the tax levy), against 1% in 2024
A levy is an extra amount added to the property tax bill. Thames Centre adds a Capital Infrastructure Levy to pay for roads and buildings and to cover loans it planned to repay with development charges, the one-time fees builders pay. The 2025 budget book says in one passage that the levy is 1%. Council's resolution, the price table and the budget notes say 2%, worth $240,000. The 2024 budget used 1%. The overall 2025 tax rate increase is 3.9%, of which the levy is 2.0 points. The Municipality's own explanation is that development charges "are no longer coming in at predicted levels".
Found by reading the town's own documents · 5 sources
$4,195,008annual surplus in 2024, against a budget the statements show as "-"
The 2024 budget shown in the audited statements planned an annual surplus of nothing (the statement prints "-"). The actual annual surplus was $4,195,008. Government grants came in at $2,668,793 against a budget of $1,544,444. Developer contributions (property that builders hand over, such as roads) were $2,186,886 against $530,325. Environmental services (water, wastewater, waste) spent $5,370,729 against a budget of $6,743,835, which is $1,373,106 less (worked out by us). The statements say only the operating budget is shown, so the budget and actual columns are not measured the same way.
Found by reading the town's own documents · 2 sources
$4,812,786capital budget remaining from 2024 and earlier, carried into 2025
A capital project is a one-off build such as a road or a pump station. The 2024 budget's CAO message says there had been a "significant increase in capital projects that were not completed" and promises project management practices to fix it. The 2025 budget book lists $4,812,786 of budget remaining from 2024 and earlier projects, beside the new 2025 capital budget of $10,797,383. In the 2024 audited statements, spending on tangible capital assets was $12,005,319 against a budget of $9,262,797.
Found by reading the town's own documents · 3 sources
$1,854,106OPP policing cost in 2024; the 2025 budget expects about $2.2 million from 2026
Thames Centre pays the Ontario Provincial Police (OPP) for policing. The 2024 statements say the 2024 cost was $1,854,106. The 2025 budget book says a new collective agreement raised OPP pay, that the province gave $318,490 to cover one year of the increase, and that the 2025 budget adds $180,000 (1.5% of the levy) in advance. It says OPP billings are expected to be "approximately $2.2 million in 2026 onwards". The Municipality has explained the increase.
Found by reading the town's own documents · 2 sources
3%cost of living increase to Council's wages carried in the 2025 budget debate
During the 2025 budget debate, Council passed Resolution 348-2024, which moved to "propose a 3% cost of living increase to their current wages in 2025" and amended the budget to match. The record shows the vote carried. Pay is set by Council, so a vote on it is public and recorded. The budget book does not say how many dollars the 3% adds.
Found by reading the town's own documents · 1 source
2023 tax year · Thames Centre, Ontario
Your tax bill, worked out.
Enter your home's assessed value to see roughly what you pay in property tax each year, who gets it, and what Thames Centre's share pays for.
Ontario still uses property values from January 1, 2016 for tax, so your assessed value is probably well below what your home would sell for today.
$
It is on your property assessment notice from MPAC, and on your tax bill. We filled in the typical value in Thames Centre.
An estimate. It uses the residential tax rate, and splits Thames Centre's share by what each service cost in 2023 after its own fees and grants (for example, water bills pay for much of a water system). Real bills also depend on your property class, local charges and any rebates.
How Thames Centre's share of the bill compares with similar towns
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