Budget 2024: Thorne increases mill rate, invests in road network

Budget 2024: Thorne increases mill rate, invests in road network

As part of CHIP 101.9’s annual tour of MRC Pontiac’s municipal budgets, we spoke with Thorne Mayor Karen Kelly to discuss this year’s plans for her territory.

Revenues

Tax revenues were up in 2024 compared to the previous year ($1,073,895 vs $904,696), though overall revenue was down due to a decline in transfers. This year the mill rate increased by 5 cents, from 63 cents per $100 assessed to 68 cents. Kelly said that it wasn’t an easy decision to make, but was necessary due to increased costs.

Expenses

Road work is one of the main tasks of a rural municipality, and Thorne is no exception. Kelly gave an update on some of the work they have planned for the future.

The full 2024 Thorne Budget and 3-year capital expenditures are available here: Thorne budget 2024 3-year capital expenditures