Topics › Town money, debt and taxes
Town money, debt and taxes
Where the town's money comes from and where it goes. This covers the budget, borrowing (debt), savings accounts (reserves) and your property taxes.
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Reports
The town's housing corporation and Caradoc Place
This report explains the town's non-profit housing corporation and its Caradoc Place apartment building in Mount Brydges: how it was built and paid for, the town's loans, the audits, and who runs it.
Lawsuits against the town, 2022-2026
This report explains the lawsuits and court fights involving the town of Strathroy-Caradoc from November 2022 to October 2026, and what is public about what they cost.
Paper ballots vs. online voting
This report explains how Strathroy-Caradoc has voted in town elections since 2003, what each way of voting cost, who chose online voting, and the record of the company that runs it.
How much the town owes and borrows
This fact sheet shows how much money Strathroy-Caradoc owes, how much more Council has agreed to borrow, and how that compares with the province's limit.
How Mayor Grantham used the powers of office
This report compares what Mayor Colin Grantham did during his 2022-2026 term with council's rules about how members may use the power of their office.
Mount Brydges sewage plant: costs, votes and lawsuit
This report explains why the Mount Brydges sewage plant has had trouble meeting its pollution rules, how the cost of fixing it grew, how Council voted, and why two neighbouring families are suing.
Town plans about this
Asset Management Plan (AMP)
A big list of everything the town owns - roads, bridges, pipes, buildings, trucks and parks - how worn out each thing is, and how much money the town needs to set aside every year to fix and replace it.
Strategic plan · 2024-2029Council Strategic Plan 2024-2029
Council's to-do list for the town from 2024 to 2029, saying what it wants to get done and roughly when.
Strategy · 10 to 15 years (phased); land-need forecast covers 35 years, 2021-2056Industrial Land Strategy
A consultant's report on where Strathroy-Caradoc could put new factories and other industry over the next 10 to 15 years, and what it would cost to get that land ready.
Master plan · 2022-2046Parks and Recreation Master Plan
A 25-year to-do list for the town's parks, arenas, playgrounds, sports fields and recreation programs.
Master plan · 2022-2046Transportation (Roads) Master Plan
The town's long-range plan for roads, sidewalks, bike routes and possible transit as Strathroy-Caradoc grows to about 35,000 people by 2046.
Master plan · 2024-2046Water and Wastewater Master Plan
The town's long-range plan for the pipes, tanks and treatment plants that bring clean water in and take sewage and rainwater away, so Strathroy and Mount Brydges can keep growing to 2046.
What council members promised about this
| Who | Promise | Status |
|---|---|---|
| Colin Grantham Mayor | He promised to work with council to keep any yearly tax increase at or below the rate of inflation. | Not yet measured |
| Colin Grantham Mayor | He promised to have staff explain any budget difference over $25,000, rely less on outside consultants, and chase government grants hard. | Not yet measured |
| Colin Grantham Mayor | He promised a council Finance Committee that meets every three months to review finances and project progress, plus rules for project approval and more public reporting on capital projects and finances. | Not yet measured |
| Mike McGuire Deputy Mayor | He said the job ahead is to pay for what the community wants while keeping yearly property tax increases within the cost-of-living range. | Not yet measured |
| Kevin Morrison Councillor | He says his campaign focuses on good management of the town's money. | Not yet measured |
| Donna Pammer Councillor | She says the town must be careful with money as Ward 1 grows. | Not yet measured |
| Brad Richards Councillor | He says he will work to limit tax increases. | Not yet measured |
| Sheri Faccenda Councillor | She says she believes in careful, responsible handling of the town's money. | Not yet measured |
| Greg Willsie Councillor | He says he will keep pushing for financial reports to Council and the public, like the quarterly reports and payment listings he helped add. | Not yet measured |
| Greg Willsie Councillor | He wants Council to deal with long-term debt and the backlog of needed infrastructure work, not only short-term debt. | Not yet measured |