BRAMPTON, ON (Dec 8, 2016) - To support the Region of Peel's Strategic Plan and address Council's key priorities, Regional Council approved Peel's 2017 Operating and Capital Budget. Balancing necessary investments among the communities and residents of Peel, the 2017 Budget includes an overall property tax increase of 0.9 per cent and a utility rate increase of 5 per cent. This Regional budget will contribute an annual increase to the typical residential property and small business property tax bills of $42 and $73 respectively. Additionally, the average home will see a $33 increase to their utility bill, while the average small business will see an increase of $85.
"Among the most critical decisions placed in front of Regional Council are the ones that involve the Region of Peel's annual budget. This is a process that involves serious discussion and prudent and responsible decision making," stated Regional Chair Frank Dale. "In addition to balancing the needs of the upcoming fiscal year, decisions relative to the budget must include the means to achieve the long-term strategic vision the Region has set. I am both pleased and satisfied that, with the approval of this budget, we have achieved these complementary objectives. Furthermore, this budget document will ensure that we meet the needs and expectations of our residents regarding the exceptional level of service and safety they have become accustomed to."
In 2016, Regional Council, after extensive consultation with the community, approved the new Strategic Plan for the Region of Peel. With a vision of a Community for Life, the Strategic Plan has three primary areas of focus, "Living, Thriving, Leading" along with six strategic outcomes that are critical to achieving Peel's vision. The 2017 Budget supports this vision.
The 2017 Budget includes operating investments of $2.2 billion and capital investments of $0.8 billion and supports both the existing service levels and the increased service needs, driven in part by an average population growth of over 20,000 people per year. Service enhancements include:
- 22,500 more Accessible Transportation trips
- Two additional ambulances to address 5,500 9-1-1 calls
- 205 additional households assisted with affordable housing from the waitlist
- A subsidy for 2,500 low-income "MiWay" users
- A new youth shelter in Brampton
- Service to 3,550 new households for waste collection and 4,750 new water billing customers
- Additional police staffing to maintain our safe communities
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 2017 budget webpage.
The Region works with residents and partners to create a healthy, safe and connected Community for Life for more than 1.4 million people and approximately 151,000 businesses in the cities of Brampton and Mississauga and the Town of Caledon. Peel's services touch the lives of residents every day. For more information about the Region of Peel, explore peelregion.ca and follow us on Twitter at @regionofpeel.