2016 Budget Addresses the Diverse and Growing Needs of Peel Region
BRAMPTON, ON. (Dec. 3, 2015) Regional Council today approved the 2016 Capital and Operating budgets which include a property tax increase of 0.8 per cent and a utility rate increase of 9 per cent. Peel utility rates are still the lowest in the Greater Toronto Area.
“The fundamental objective of the Region is to ensure that the residents of Peel receive the services they need in a well-managed and cost effective manner,” said Regional Chair Frank Dale. “The 2016 Regional budget meets that objective and balances the continued delivery of important services with the need for immediate to long-term financial investments.”
Through its recent strategic planning process, the Region heard from the community and stakeholders about the future needs of Peel and developed Term of Council Priorities based on this feedback. This budget is aligned with the Region’s Strategic Plan that was recently endorsed by Council and allows enough flexibility to adapt resources appropriately and advance Peel towards its new 20-year vision and Term of Council Priorities.
The average residential property and small business will see an increase to their property tax bill of $35 and $61 respectively. Additionally, the average home will see a $47 increase to their utility bill, while the average small business will see an increase of $120. These increases will ensure that the necessary resources are in place to support existing service levels and growing service demands which include:
- 38,000 more TransHelp trips
- Operation of the new paramedic reporting station and three additional satellite stations
- Two additional ambulances, operating 24 hours a day seven days a week, to address an increase in 9-1-1 calls
- Additional support to the not-for-profit sector to support organizations in their overall sustainability and operational health
- An additional 142 housing subsidies to help individuals and families obtain affordable housing
- 20 front-line Peel Regional Police officers
- Addressing the impact of the Emerald Ash Borer in the Credit Valley Conservation and Toronto and Region Conservation Authority tree canopy
- An infrastructure levy to maintain Peel's capital assets
Along with meeting the Capital and Operating needs of the Region, the budget provides funding to the three local conservation authorities (Credit Valley Conservation Authority, Halton Conservation Authority, and Toronto and Region Conservation Authority), Peel Regional Police and the Ontario Provincial Police. To learn more about the budget, please visit the Region of Peel’s 2016 budget webpage.
For more information on the Region of Peel visit peelregion.ca