A 2026 City of St. Thomas budget calling for a 6.1 per cent property tax hike – a $96 a year increase for every $100,000 in residential property assessment – was accepted in principle by councillors during their Dec. 1 meeting.
If approved by council over the course of its next two sessions, the municipal portion of local taxes for a “median” St. Thomas home assessed at $205,000 will increase $196 a year to $3,412, still well below the levels of many communities in Ontario, according to St. Thomas financial services director Adam Boylan.
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“St. Thomas maintains a comparatively low cost of living and generally lower assessed residential values than many of its . . . comparators,” Boylan reported to council. “As a result, taxes on a typical detached bungalow are approxima

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