Taxes in Leeds and Thousand Islands township are down 3.81 per cent this year for property owners whose assessments remain stable for 2011.
At its meeting on Monday, council passed the final budget of $13,933,856, down $5 million from 2010. The township used $2.5 million dollars from reserve funds to help obtain the decrease in the tax rate.
The total amount of taxes collected in the township is up by $185,000 this year.
Mayor Bruce Bryan, who ran an election campaign with a goal to reduce taxes, is pleased with the final result.
“I’m very proud,” the mayor said.