BRAMPTON, ON. (Feb. 19, 2015) – Today, Peel Regional Council in its commitment to meet the needs of Peel residents and businesses, approved the 2015 Operating and Capital Budgets. The 2015 budget included a 0.8 per cent property tax increase, representing an increase of $33 on the average residential home (assessed at $452,500) and a $58 increase for the average small business (assessed at $534,300). Peel Regional Council also approved a 7.0 per cent increase in utility rates representing an increase of $39 for the average household and $98 for the average small business. Peel utility rates are still the lowest in the Greater Toronto Area.
"The Region of Peel is a facing a number of key strategic issues that will have far reaching impacts on our community and the 2015 budget underscores Peel Regional Council's commitment to addressing and meeting the needs of our residents and businesses," said Regional Chair Frank Dale. "This budget demonstrates Council's commitment to remaining fiscally responsible while allocating enough resources to meet our needs."
The Region of Peel 2015 Budget provides funding to support the following services in Peel:
- 17,000 Ontario Works cases per month
- 48 ambulances on the road at peak times to respond to 104,700 9-1-1 calls annually
- 583,000 accessible transportation trips
- 20,716 social housing units/beds/homes
- 7,800 subsidized child care spaces provided annually, 1,427 which are reserved for children with special needs
- 1,655.5-lane kilometres of roads, 172 structures and 452 signalized intersections
- More than 500,000 tonnes of waste managed per year
- Provide 703 beds, including four temporary beds, in our five long term care homes
- 50,000 children are offered dental screening annually, 11,000 of whom are in need of urgent treatment
- 10,100 health inspections held annually at 5,690 food premises
- 663 million litres per day of wastewater collected and treated for approximately 308,668 retail and wholesale customer accounts
- 608 million litres per day of municipal water treated, transmitted, and distributed to over 314,967 retail and wholesale customer accounts
- Over 225,141 calls for service were responded to in Mississauga and Brampton by Peel Regional Police; and 8,873 by Ontario Provincial Police in Caledon annually
- 34,250 hectares of area regulated through conservation authorities to protect life and property of Peel residents from hazards due to flooding, erosion and slope failure and approximately 150,000 trees, shrubs and seedlings planted annually
Highlights of the 2015 Budget include the following service-level increases:
- 19,500 more Regionally controlled trips for accessible transportation services
- Additional 2,555 paramedic service hours to address an increase in 9-1-1 calls
- Implementation to extend Battleford and Brampton Community Recycling Centres (CRCs) operational hours Monday through Thursday 8:30 a.m. to 8 p.m. for a six month period May through October
- 300 additional child care subsidies
- 100 additional housing rent subsidies
"This is a budget that is financially responsible, focused on the needs of the residents and respects the taxpayer," said Regional Councillor Chris Fonseca, who chairs the Enterprise Programs and Service section of Regional Council.
The 2015 budget adheres to the financial principles outlined in Peel's Long-Term Financial Planning Strategy which provides a consistent lens to help evaluate the long-term financial impact of proposed changes to services and service levels to the community in addition to identifying and managing the risks to the Region of Peel's long-term financial sustainability.
"The Region of Peel is on a solid financial footing as identified and reaffirmed by our AAA credit rating, with less than 50 per cent of our Budget being funded through property taxes." added Peel Regional Chair Frank Dale.
For more information on the Regional Budget, please visit the Region of Peel's 2015 Budget website.
The Regional Municipality of Peel was incorporated in 1974 on the principle that certain community and infrastructure services are most cost-effectively administered over a larger geographic area. The Region of Peel serves more than 1.4 million people and over 100,000 businesses in the cities of Brampton and Mississauga and the town of Caledon. For more information on the Region of Peel, call 905-791-7800 or visit peelregion.ca.