An industrial tax rate cap in Dryden is limiting the cityÕs sources of tax revenue. Residential taxes in Dryden must rise by 65 per cent before the cityÕs industrial rates will be affected.
While commercial taxes are at the proper ratio in Dryden, large industrial revenues are still well above the 2.5 ratio set by the provincial government. It will be more than 15 years before residential rates in Dryden are at the cap rate to raise industrial taxes.
